Hi all,
This is my first publication. Not sure if this works out, otherwise I might delete and start over ;-)
About XRP. As you can see here, the gray energy zone is about to get exhausted and looks ready to turn north. When it crosses the 50% level (red dotted line) I expect price to increase towards the smiley.
The red RSI is turning south while the green line is about to up and cross it again. That's why I think price will go up rather than down.
Volume is picking up too these last candles, which imho is a good sign.
On higher time frames (3 Day, Weekly) I don't see any reason for XRP to dump back to 20 cents.
Godspeed Rebels!
G.
This is my first publication. Not sure if this works out, otherwise I might delete and start over ;-)
About XRP. As you can see here, the gray energy zone is about to get exhausted and looks ready to turn north. When it crosses the 50% level (red dotted line) I expect price to increase towards the smiley.
The red RSI is turning south while the green line is about to up and cross it again. That's why I think price will go up rather than down.
Volume is picking up too these last candles, which imho is a good sign.
On higher time frames (3 Day, Weekly) I don't see any reason for XRP to dump back to 20 cents.
Godspeed Rebels!
G.
Comment:
As usual XRP takes it time.
I just took a look on a monthly view...will the 8.618 and the 11.618 be magical fibo-levels again???
I just took a look on a monthly view...will the 8.618 and the 11.618 be magical fibo-levels again???
You can see here the gray energy field is going back to the 50% line, while the green line bounced off from it and is about to cross the red RSI. We might be in for a surprise this weekend...