As mentioned in my previous idea we broke the 0.60 resistance area and we had a retest of the broken zone! IF we can hold this level i expect us to move towards 0.71 before a pullback.
The XRPBTC is a historical levels and are nearing major support levels. A reversal will happen soon and i believe XRP willl finally have it's run.
The XRPBTC is a historical levels and are nearing major support levels. A reversal will happen soon and i believe XRP willl finally have it's run.
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XRP is testing a very important level the 0.60 area. Look at the chart below and look how it acted as major resistance and support! With the next major break i believe we can fly to 0.85. It's a + 45% raise!
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The XRPBTC chart looks great. Risk to reward this is what you want to see.
Since 2014 we only touched the green box (major support) only 5 times! we are in this zone again and the RSI is below 30 on the weekly chart. We are setting up for a huge raise! Don't sleep on XRP. Don't chase coins that already went up a lot of %, search the ones that didn't yet!
Since 2014 we only touched the green box (major support) only 5 times! we are in this zone again and the RSI is below 30 on the weekly chart. We are setting up for a huge raise! Don't sleep on XRP. Don't chase coins that already went up a lot of %, search the ones that didn't yet!
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This the XRPBTC chart on the weekly. If we can close the weekly candle like this we are making a bullish hammer. The last time the RSI was below 30 on the weekly chart we made a +158% move! Let's see what happens coming week but i think a big move for XRP is on the horizon.
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So far so good!
Next stop 0.72 and 0.82
Next stop 0.72 and 0.82
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XRPBTC chart:
Wedge break and retest on the daily chart. Once BTC settles XRP will fly
Wedge break and retest on the daily chart. Once BTC settles XRP will fly
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This is the BTCUSDT chart. Once BTC finds support it will get interesting for XRP
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Pull backs do happen in a bull run , they are trying to liquidate most traders.
Next target is the 0.70 area
Next target is the 0.70 area
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This is an update on the weekly XRP chart. We need to pay attention to the weekly close, if we can close the weekly candle above the declining trendline and above horizontal support then next weeks we will see a big break out.
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BTC bounced from support as expected, if we can range here it would be good for altcoins!
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Update:
Check out the XRPBTC monthly chart. We have 7 bearish candles without any lower high, just straight lows compared to bitcoin! Soon the game will change and XRP will catch up. In 2017 we formed a double bottom and went though the roof! Are we creating again a double bottom? I think so and i see a realistic move towards the supply zone. This will be a + 140% move what will bring XRP around 1 dollar.
Check out the XRPBTC monthly chart. We have 7 bearish candles without any lower high, just straight lows compared to bitcoin! Soon the game will change and XRP will catch up. In 2017 we formed a double bottom and went though the roof! Are we creating again a double bottom? I think so and i see a realistic move towards the supply zone. This will be a + 140% move what will bring XRP around 1 dollar.
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Some people asked me what my long term expectations are for XRP.
Here are the targets and major resistance:
0.91
1.32
2.99
6.1
9.2
That's the minimum i think, if you look at what happened in 2017 i think everything is possible but this are realistic numbers.
Here are the targets and major resistance:
0.91
1.32
2.99
6.1
9.2
That's the minimum i think, if you look at what happened in 2017 i think everything is possible but this are realistic numbers.
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0.71 is reached and 71 likes! Time for a next trade idea...