Even if it looks bearish, we didn't cross yest the uptrend line. If we break under the $7300 ish we may taste the 6k area but if we don't go under the green trend line, we'll just keep going up. I wouldn't expect to have a huge candle bringing us in the 18-19k, but definitely up. Maybe 12k but that still is to define. I guess we'll know more in the first week...
Not a countdown, but possible directions. Seems like we are at a crossroad. I base on the 4h and 1h charts, the daily could be a different story.
I was watching XRP closer the last few days. After what I am seeing here we are close to a more important move I think. First I've seen the #1 triangle (blue) breaking down, but it didn't seem to follow lower. The FOMO and Hopium on XRP are still present. The second triangle (red) could be correct, but if we break down again, we may see a stronger move. Also, the...
Since a while XRP didn't make any major move. Just that boring kind of downtrend from 2750. Once we'll get out of this triangle we'll have a better idea about what to do. II was stretching it trying to find a more accurate way to see what XRP is gonna do. In my opinion the worst that it could do (good news for shorters) it's to go down to 2300 - 2200. The best...
If we get out of the purple triangle we still have the green one. But if we break down the green one then is likely to follow the red line going down. Personally I still think this is a low level and soon we'd find higher prices. But you know. Everything is just speculation. If I had the right answers I would be on an island sipping my drink. So.... Do your own...
The good thing is that it didn't break the 2200 line. I was thinking it would go down from my last idea, but I didn't see it going down lower than 2400ish. We did test the 2200 line though. With all the "XRP will get unlisted and other nonsense FUD, no wonder we reached so low. There is clearly a resistance at 2500, so the point is to break that one to go up....
Zooming out on 4H chart I realized that the previous idea for short term XRP fits in this huge triangle. So basically what I am seeing is an uptrend up to high 4500 low 4600. Unless BTC is going crazy and breaks up which will affect not only XRP but the majority of ALTS. But then your well set StopLoss saves your arses. I will still stay neutral until...
Depending an BTC moves we can see XRP recovering up. It's a bit risky but isn't everything? If XRP is going over the 2850, I believe we'll see 3000 again. If not, we may keep going to fall along the purple line. As usual, this is just an idea. Please do your own research and TA. Good luck!
But we'll be fixed in a couple of hours I guess. We'll either go up towards 3100 or we gonna fall in the 2500 ish. Is pretty difficult to have a clear idea now, with all the BTC moves. As always, do your own TA before taking a decision. And place stops. For now... patience. Good luck.
With a bit of luck we may see this thing breaking out. If not, please don't forget your STOP LOSS! And please do your own TA, this is just an idea, not a prediction. Good luck!
As the XRP market configuration changed I am posting a new idea. I also add my OWN trade but please do your own TA, do not consider this chart as a prediction! It's just an idea of what *could* happen. If I am right and if we break out, we may go over 0.00004000. Good luck everyone!
So what is gonna be? Green? Red? At this point we gonna see a major move for XRP, the FOMO will be strong IMO. A lot of traders lost some coins on the XRP lately, other made a lot more. If greed or fear are present that could be really bad. So think well and do your TA before taking a position, instead of letting your logic or sentiments dictate your next move....
Even if it seemed to take a deep breath and push around 0.01135, I think XMR will keep going down, pretty close to the blue line. If it breaks up over the blue line, and passes over 0.0125 - 0.0126 we may witness a leg up and maybe we get back on a uptrend. If it doesn't break the 0.0125ish, it would be a good entry point for a short and we can see that 0.075...