In this analysis I see XRP price moving to the downside after a break outside the descending triangle and also finding potential targets with the ichimoku wave theory. 1:1 ratio will take us to 0.21607 which will complete the N wave. Furthest level out would be the E level at the price of 0.17408 if price manages to go that far.
Thank you for taking the time to look into this analysis as it's very detrimental to the direction that XRP will be heading the next few days to weeks. Going based off my last analysis on the P-WAVE we are still in route to 24-25cent range which is at the 0.927 and 1 level off the extensions. I see price having a difficult time at those prices because they have...
BULL MOVE Since a P-Wave is a continuation pattern this is a potential move to the upside between 24-30 cents max before a drop at resistance we've failed multiple times to sustain about 30 cents. If we can get back into 30 cent range and hold we can get a move back into 34-40 cent range. BEAR MOVE Now this is where things get tricky. Even though a P-Wave is a...
So we are in a critical zone for XRP to make a move and continue this parabolic rise! We had pushed off blue zone support between 26-27 cents all the way up to red circle zone between 29 and 30 cents. If we can't break above this level prices will come down further. I'm confident we will move higher but we must keep in mind for the possibility of a...
BITSTAMP:XRPUSD From last nights video I said we were already in a parabolic state even though price is coming down right now it's already rejecting 27-28 cents and still shows hidden bullish divergence on the 1hr chart. I am expecting price to continue moving higher starting next week. Blue zone is established support and is holding to as such to bring more...
BITFINEX:XRPUSD Heading to .35-.40 cents!!! Fingers crossed and lets go!!!! Ultimate Oscillator making lower lows while price is making higher lows making hidden bullish divergence. This can very well signal the run!!! WEEKLY BULLISH TK CROSS STRONGEST SIGNAL IN ICHIMOKU SOME HOPE RIGHT NOW!!!
BITFINEX:XRPUSD So here is a scenario that can happen at the moment that I see and I'm starting to lean towards the bearish side because XRP has once again failed to break above the purple zone and ichimoku cloud is starting to get weaker on the 4h chart. If the current 4h candle manages to close as a bearish reversal candle I imagine price will drop to the...
BITFINEX:XRPUSD A very important area for XRP right now facing Kumo resistance in the circled area. If a breakout is to occur above the Kumo immediate resistance with Tenkan sen at 0.23479. Potential N wave can be fulfilled if price can get above green zone. If rejection at that level price may range between the green red and black zone. Reaching blue zone...
We have a spinning top followed by an bearish engulfing candle at Kumo resistance on the daily chart showing that price is slowing down. Price may want to start falling to the downside in the next 48 hours if price fails to get back above 24 cents $0.24550 to be exact. We will see in the next coming days.
FX:GBPJPY Looking at the Monthly Chart down to the H1 you can see that current price zone is showing strong bullish rejection due to a monthly resistance level. I believe price will continue pushing up for a while to test resistance again before making a 50% correction with Fibonacci. Monthly Chart Weekly Chart Daily Chart Hour Chart