XRP 3x fakeout in relation to hidden macro bull
Ripple faked us out 3 times after another since this summer
But don't lose trust! XRP has times to come
Yesterday's (2017-11-16) American Express announcement has value:
cryptocoinsnews.com/ripple-price-posts-double-digit-rally-on-amex-partnership-announcement/
Basically it said XRP as a currency/vehicle was noch (yet) integrated, rather than "adopting" Ripple at the moment
What we see from here:
- Ripple gains value slowly but successively
- Increasing public awareness, increasing groups adoption makes it less and less likely to fall longer <$0.20 again
- MACD is slowly flatting
- Convergence leading us into end of Q1/18 where range-binding increases meaningfulness
- Potential macro target leads us in to the fib extensions of 141%-161% to the 0.60s
But don't lose trust! XRP has times to come
Yesterday's (2017-11-16) American Express announcement has value:
cryptocoinsnews.com/ripple-price-posts-double-digit-rally-on-amex-partnership-announcement/
Basically it said XRP as a currency/vehicle was noch (yet) integrated, rather than "adopting" Ripple at the moment
What we see from here:
- Ripple gains value slowly but successively
- Increasing public awareness, increasing groups adoption makes it less and less likely to fall longer <$0.20 again
- MACD is slowly flatting
- Convergence leading us into end of Q1/18 where range-binding increases meaningfulness
- Potential macro target leads us in to the fib extensions of 141%-161% to the 0.60s
Trade fermée: cible de profit atteinte
Wow.Instant. 0.60 (0.59999) reached, way earlier than expected in that huge crypto bull.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.