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I have used the XRP/USD chart as I found these charts are more reliable than the BTC pairs.
It looks like Ripple is ready for yet another breakout. I myself think breakout from patterns like a pennant or flag are overall very reliable.
Strong support has shown and Ripple tested and rejected the 0.98 USD support line four times in a day.
Target around 1,50...
Bitcoin is looking to complete the corrective Elliot Wave. Doing this would force Bitcoin out of it's uptrend channel.
Also Bitcoin has stopped increasing exponentially and is now rather increasing in a linear way.
This might be what is gonna cause the next big correction,
Stellar has been moving up lately and in my opinion it's time for a correction.
Stellar also seems to be forming a rising wedge on the STRBTC chart which could indicate a trend reversal.
Open trade: clean break below the lower line of the wedge. I'll be looking to open a position if prices breaks beneath 1410 Satoshi
TP1: 1275 Satoshi (previous resistance and...
Even more clear to see on the 5 minute candles but the bullish pennant has been respected on both up and downside of the triangle.
It has touched both line's of the pennant 5 times near perfectly and thus respected it's trend.
Also the end of the bullish pennant comes together exactly on the point of ripple's long term trendline up since the push started.
In my opinion Stellar is currently in wave 4 of the Elliott wave principle.
Wave 4 is typically moving sideways for some time, which it did. It often retraced to 38,2% or less of the 3rd wave.
Wave 5 is often smaller than wave 3 and similar to wave 1.
As shown, if wave 1 = wave 5, Stellar will be going back to previous highs, hitting resistance again at around...
26/06/2017 Ripple will be attending Money 20/20 Europe
Money 20/20 would be a great event to do public announcements as it reaches a broad range of people aswell as mainstream media.
Evan Schwartz (Managing Director of Ripple) will be speaking.
Interledger enables payments and micropayments across blockchains and other types of ledgers. It is an...