sebastian.soik

XRP 1H - What's up next?

做多
sebastian.soik 已更新   
POLONIEX:XRPBTC   XRP/比特币
12
There was still not much movement on XRP's chart, targets have not been reached.

Price currently moves between 8.5k - 9.5k
Since bitcoin's price fell lower yesterday XRP should show some reaction, probably to the upside.

Let's give it some time. As shown in the chart the next arc pair will be entered on 15/06 or 16/05. I think the chart will decide where to go inside there.

If there is a decision to the upside there might be a treshold at about 14.5k to trigger an outbreak. But this is just an idea.
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XRP has shown some movement. There are some decision points on the way.

Market is looking pretty bullish over all. Hope that xrp might be carried to the upside a little.
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Tripple Check

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Right now, I see three possible scenarios for XRP's chart.
I marked the two significant energy levels in both dimensions with a white cross.


Green Line: Price starts moving to the upside after entering the arc pair and finds resistance at x-ing of energy levels.
Orange Line: Price stays neutral with usual increase and starts moving at horizontal energy point.
Red Line: Price moves to the downside after entering the arc pair and starts moving back up at horizontal energy point.

By looking at the bigger chart the green line actually looks most possible to me. There is the upcoming weekend with a low BTC price. According to the current mass attraction there will be many short term traders coming into the game. XRP's price will at least stop rising when BTC is going back up.
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perfectly on time


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