Bulls are hanging on, but running out of wiggle room. A lot of bullish talk on XRP and everyone is waiting for that pump since the release of xrapid. will it come, doesn't have to. I am getting the feeling of a lot of buying pressure, despite retracement, .45 is key. the only way i can see XRP pumping is if the price stays above .45 for the next day. Absolute minimum is .42, but that would mean XRP will lose the ascending triangle/pennant formation, making it harder for the bulls. a double bottom at .47-.46 would be ideal, but it's a bit tight. A lot of reasons to think that XRP is going up from here with moving average support, bollinger support, TD sequential calling longs on multiple time frames. but be careful near the edge
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notice FIB TIME ZONE, 22 Nov 2018 and 6 Dec 2018, 2 very important time's for XRP. FTZ marks tops and bottoms
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finally got my green 9 on the 4hr, for which i have been patiently waiting. also got a green 9 on the daily. carful with 9's, they bleed.
with RSI divergence MACD looking to make a INV HNS pattern, finding support on the right shoulder, this is the bulls best chance for a reversal. XRP is prone to TD long calls failing, so If this does turn, I will be looking for conservative targets and laddering stop losses.
with RSI divergence MACD looking to make a INV HNS pattern, finding support on the right shoulder, this is the bulls best chance for a reversal. XRP is prone to TD long calls failing, so If this does turn, I will be looking for conservative targets and laddering stop losses.
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oh, the pain! last chance is .425, after that, ill admit defeat
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DEFEATED! Im wrong. really tried to hang in there. look this could be a massive flag but im out. might need to head down to 35ish. i would be surprised to see this bounce at 40. other then MA's, there is no support here.
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