CryptoColugo

CryptoColugo

We are moving for about a year sideways now and we finally broke the 6 year old downward trendline. The first arget will be around 1 dollar with a strong resistance, afterwards we can push towards 1.30. The SEC won't and can't stop this.

CryptoColugo

For everyone still holding XRP i have respect for you. This coin is consolidating for almost 7 years in this big pennant formation. As a investor this is a very stressfull situation. While other cryptos are moving to all time high this one is being stable. Brad made a new stable coin so now he has two of them. I think the main reason why XRP doesn't move much is...

CryptoColugo Updated 

I will give you a new XRP idea from the longer time frame zoomed in to the small time frame. This XRP on the 3 monthly timeframe. After a huge rally in 2017 we made a first wave and we started to consolidate, at first we don't know what will happen but when time goes on we create a pattern. In this case we created a huge triangle formation. In my opinion this...

CryptoColugo Updated 

Support and resistance zones are the key in trading. As long as we can stay above 0.60, XRP remains bullish. We are coiling up for a big move. Last weeks we are just ranging, the price doesn’t move much so prepare for the move… I believe that once we can break the triangle formation and break the price of 1.20 we can see a new all time high. This triangle is...

CryptoColugo Updated 

Hello friends, XRP is dropping again but you can not change the market cycles. In the following charts I will give you my thoughts on xrp and why I think we can reach 4 dollar in a not to far future. First of all let’s check out data: From December 2013 till march 2017 we were trending down, that was about 1200 days. After that we saw a 35000 % rise! After...

CryptoColugo

Hello Friends, There might me a bullish pattern forming, a inverse head and shoulder. If we measure the length from the neckline to the bottom it's about 12%. If we project 12% after a break of the neckline it will bring us back to the highs of 0.72. Luck or technical analysis?

CryptoColugo Updated 

XRP is flirting with a very important support and resistance zone. If we look at previous data we touched the 0.60 line many times and many times we went up from here fast. A lot of people gave up on this coin because how it barely moves. But when it finally does it will pay off. Major zones 0.81 0.91 1.22

CryptoColugo

I think we will see a green weekend for the crypto market. Specially for ALTCOINS! After a break of the downward channel we are now testing support and are possible creating a bullish pattern, a inverse head and shoulder pattern. Have a good weekend.

CryptoColugo Updated 

This is the inverse XRPUSD chart so upside down. We broke a major triangle formation to the downside (bullish) and we are now retesting the broken support zone. XRP is still bullish and the short term targets are 0.81 and 0.91. We are in a bullmarket and dips are for buying. (IMO)

CryptoColugo Updated 

Let's take a look at the XRP chart starting with the monthly timeframe. We are forming a very tight range with lower highs and higher lows. If we can see a break of 0.75 we can reach following targets: 0.81 0.93 1.11 1.59

CryptoColugo Updated 

As mentioned in my previous idea we broke the 0.60 resistance area and we had a retest of the broken zone! IF we can hold this level i expect us to move towards 0.71 before a pullback. The XRPBTC is a historical levels and are nearing major support levels. A reversal will happen soon and i believe XRP willl finally have it's run.

CryptoColugo Updated 

XRP broke the diagonal trendline and creating a triangle formation. I think we will next visit the resistance area around 0.60, then we can revisit the lows around 0.54 and then we probably can see a break towards 0.72.

CryptoColugo

XRP is currently testing major resistance on the daily chart. We saw that this zone rejected price for many times in the past. We also saw that once we can break this zone price is moving up fast. I would only be interested in a long position if we can break this strong resistance. If we can break resistance the target point would be 0.60 and if fit fails we...

CryptoColugo

Rising wedges often leads to bear breaks (: My personal target will be 0.80 if we can hold this zone.

CryptoColugo

People are saying that XRP isn't moving but i think a bottom is near. Every time the XRPBTC chart is in a oversold zone we saw this bounces; 1900% 92% 82% 10000% 190% 32% 247% 130% 113% We will soon form a bottom again and i think we will bounce about 70 % so we can move into the triangle formation. We also bounced from a rising trendline that is forming for...

CryptoColugo

Everybody is tired of XRP and sold it, that’s why I’m interested. When no sellers are left, the buyers step in. This final wick liquidated a lot of leveraged longs. It’s sad the market behave like this. We are still above major support and we did brake an important trendline, a trendline that is created years ago. There is not much room left in this chart to...

CryptoColugo Updated 

Dear friends, Let’s take a look at the XRPUSD chart. Some people are frustrated that XRP doesn’t move as they want. But when we look at the chart we can tell that patience will pay. We created a similar pattern in 2014. From 2014 till 2017 we created a triangle formation with higher lows and lower highs. Eventually we broke this pattern but for this we had to...

CryptoColugo

Dear, Let's take a look at the 6 monthly chart. Since 2017 we came down from an all time high and we are forming a triangle formation with lower highs and higher lows. Because of the duration of this pattern we can expect a huge breakout once the pattern is broken. Currently we are testing the downtrending trendline for the 5th time. We previously rejected...