XRP Price is reacting slower, BUT (arguably) in the same manner! Price needs to conquer the 38.2% retrace, while dropping below the 23.6% retrace and all bets are off! Cheers!
If you've followed my work, then you know that I have been persistent that the $1.35-$1.42 range was going to be a tough resistance zone to penetrate and maintain above it. There are (2) bullish options: 1. Price floats between the given areas provided on the chart and builds some type of triangle. 2. Price finds support and blasts thru this resistance...
I feel like I'm beating a dead-horse here, but it's an important point! Most crypto's that have been around long enough, are simply "keying" off the February 2018 (monthly) candlestick! ETH, ETC, LTC, and BCH are excellent examples of what I'm talking about here. Bottom line: XRP needs to close above the February 2018 candlestick peak, in order to challenge the...
Please click the like! Compare for yourself! Cheers!
For me, the monthly price closing above the given target is critical! Cheers!
I have a long history with this comparison! Cheers!
Simple Chart. Signs of price manipulation if you ask me! Cheers!
It's been a while since we've compared these 2 against each other. Based upon this comparison, it looks like the $0.74 cent area could be an area for price to range! Cheers!
From an Elliot Wave perspective, there are many options that could occur here, but I thought I'd give you a couple of corrective options which show how the correction could be complete, or almost complete! Cheers!
Full Disclosure: I bought at $0.52 cents...I missed the low, but close enough! If price drops lower, I will add to that recent purchase! At this point, it's critical for price to conquer Steps 1-3!!! If price cannot conquer those targets, we could experience a lower sideways market for a lengthy period of time (IMO)...not to mention a much lower jab! Cheers!
Quick chart! Few words! Wishing all the fathers out there a HAPPY FATHERS DAY! My father passed away last November for those that follow me... I miss him! Cheers!
First, the 1 thru 5 labels are NOT elliot wave, they are there to support the price movement comparisons! The reason for the Part 2 is simple. In my recent post, I was questioned on how XRP's price could go higher with regard to the lack of volume. So, I am displaying a fractal comparison with LINK, which provides not only a price fractal, but a volume fractal as...
Letting the chart do the talking here! Cheers!
Memorial Day! Remembering our Brave Soldiers that have lost their lives fighting for our freedoms! Thank you!!! If you've followed my work, then you might have figured out by now that I am NOT a "Moon-boy"! I'm not here to blow sunshine up anyone's ass! I fully realize that markets are far more patient than most people...we all want it now, and we want it FAST!...
Nothing more than a recap of my previous XRP Chart with a little bonus TA for you! Cheers!
It's been a while since I last posted a chart, so I thought I'd share with you a chart that I have been keeping my eye on with XLM! I am not overly convinced of this exact Elliot Wave count, but there are a couple of things to note (IMO): 1. As specified here, I have labelled the end of the Y-wave as a truncated finish "e", which opens the door for the obvious...
Please click the like. Quick chart. You should be aware of the $1.35-$1.42 target, and also the $2.26 target since I have posted about these (2) areas before. The new target is the $4.04, which could be relative as a short term top. Cheers!