Xrpbtctechnicalanalysis
XRP will be ready soon for a markup.A look at XRP purely based off XRP.
Just patiently waiting for XRP to complete it's accumulation. A bit of an early Wyckoff map, will update as time comes along
Look like we are starting Phase B of accumulation. Where volume has picked up and there is some volatility.
Im expecting another move to the downside for either another ST, or a Spring, followed by a test and then gradually into Markup.
Targets will be provided when I apply other analysis to XRP.
But for now, on the 4 hourly we have begun our early stages of accumulation. Will confirm to make sure that it is not redistribution as data comes along.
good place to long would be the support lines as outline by the bottom 2 yellow lines.
7400-7600 sats
Have you seen this Ripple XRP Bitcoin Chart? Think it can hold?Have you seen this Ripple XRP Bitcoin Chart? Think it can hold the 38.2 fib retracement this time?
Looks possible. XRP Breaks free from Bitcoin only on fundamental changes, losing of BTC basecurrency and XRP fundamental news like Marjor Bank support on Fiat.
(Ripple Sell) XRPBTC Technical Analysis for May 7, 2018Hello Traders,
XRP bears are playing with that over-extension visible by end of April 21. As such, correction is inevitable. In line with the stochastic sell signal and the rules defining over-valuations, we shall sell XRP with targets at 7700 satoshis and later 6900 satoshis.
