With the announcements coming from Coinbase XRP is on the move. Elliot wave formation on an ascending channel. Point 5 should reach around 11,500 in 40 to 60 Hours. I will update
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Massive uptrend at the moment. Possible correction coming after this movement is complete
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Look for this to pullback to 10811 to test support. Let’s see what it does. Was overbought earlier today in the bullish run. Needs to consolidate some. Will be looking for signals for there. I anticipate in the next 72 hours heading back to $1.25 in a descending Chanel testing resistance and support before setttling in that 9000 - 9500 range for more consolidation. I am very bullish on this long term. Watch this and be cautious. Buying in the dips for possible added profit.
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Been traveling this afternoon. Wow. Nice run on XRP. Looks like we are having consolidation after another flag pole. This trade is still running in an ascending channel with an overall upward trend. This thing still maybe heading up more before we see a correction. I will update my charts and targets in the am
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This could be the new support line. The 14890 did not hold but the 13805 was a former trend top and a resistance line. This could be the new bottom. Let’s see if it holds under some tests.
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Looks like more selling pressure. Still looking for the floor.
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Possible floor
12420
10824
Hope it’s 12420. But base on my original chart analysis on this post more likely 10824
12420
10824
Hope it’s 12420. But base on my original chart analysis on this post more likely 10824
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First test passed on new bottom. Headed to 15300 I believe then back to 12400 see if it passes the next test. If it breaks 15300 it might run up pretty far again.
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RSI and macd reversing as well. See what the ema does
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Looks like xrp is headed towards 16950 to test that resistance line. RSI is in the perfect range and macd still showing to be bullish. Let’s see if buying support and volume stay in line with the price and push this through 16950 and head for 20,000. If it bounces look for it to retest the 15300 support level