XRP has been very quiet these days with not much of attention even with the 55B XRP escrow and american express making some noise.
By the looks of TA XRP is ready to get high.
Indicators show that it has formed a sweet triangle formation since the last few months on daily candle.
It can go either way up or down.
But, Down looks most unlikely as of now.
On the other hand a boom up is a real possibility by Christmas.
Steady Slow growth of XRP in recent months both encouraged and discouraged the masses by the likes of BTC,LTC and other coins taking off most frequently.
27 cents is the mark to look for.
MACD also indicates that consolidation phase could end soon and XRP could break into bullish mode.
If XRP breaks this levels it might end most likely at around 45 cents.
Please note this is just my study as per technical analysis stand point and must not be considered as investment advice.
By the looks of TA XRP is ready to get high.
Indicators show that it has formed a sweet triangle formation since the last few months on daily candle.
It can go either way up or down.
But, Down looks most unlikely as of now.
On the other hand a boom up is a real possibility by Christmas.
Steady Slow growth of XRP in recent months both encouraged and discouraged the masses by the likes of BTC,LTC and other coins taking off most frequently.
27 cents is the mark to look for.
MACD also indicates that consolidation phase could end soon and XRP could break into bullish mode.
If XRP breaks this levels it might end most likely at around 45 cents.
Please note this is just my study as per technical analysis stand point and must not be considered as investment advice.
تعليق:
Jumped at the same exact point where I Predicted. I feel like a wizard :P