With all those positive news out for XRP it can only be a matter of time until it breaks out big time.
In my opinion a whole cycle is about to complete and it will rise again to new power. We will see what happens in a couple of hours.
This is not financial advice. DYOR.
When applying the Gann square on the daily we can see a very important Correlation:
Upper circle: Note that the tip of the Triangle pattern and the End of the Gann Square Arc match perfectly! To me this is a very strong signal!
Lower circle: RSI getting ready for a rebound. Sales falling, Buys increasing
I strongly believe that we will see another uptrend....
RSI and MACD looking good on a daily base. New household partner announcements today will drive the price even higher - perfectly timed for the next arc on the gann square.
Let's see where this is going. I am very bullish on this and see Values between 1.6$ and 2$ as realistic within this year.
This is not financial advise. Trade at your own...
I really found it hard to readjust my Gann Square to this Graph for future predictions. I realised I had to switch to a log scale chart in order to squeeze it in.
So this is the result. Even though I'm not perfectly happy with it as it seems a little sloppy on the 3rd Arc.
As we can see there was a sharp correction right at the edge of the 4th Arc down to the...
Title speaks for itself. There is a Bullish pennant forming after IOTA broke out of a long Downward channel with high volume.
Expect it to rise further.
As usual: this is not a trading advice. Do you own research.
We see a clear bullish pennant forming exactly at the edge of the Gann Square Arc.
This is a strong bullish signal. Let XRP Rise!
On a larger Scale there is a huge Triangle. It will probably bounce on the upper Trendline, thus giving us a very clear target at the 0.277-ish Area.
The usual Disclaimers apply. This is no trading advice. Do your own...
This is poised to go up in a medium/long time range. We will probably see another bunce from the top of the Triangle before a final burst to new highs. But this is a definitive gainer with huge potential.
This TA is based on both symmetrical Triangle pattern and Gann Square Analys.
Good luck to all traders out there! I appreciate Feedback and comments!
This TA is based on Gann Square Analysis. I believe that we have the big move coming up within the next days that will bring us a new All Time High.
Good luck to all traders out there! Feel free to comment and leave Feedback! I appreciate it!