Is Ripple about to skyrocket?
There are several signs that indicate a huge Price-Jump for Ripple/BTC (XRPBTC).
We see multiple Divergences on the weekly Chart. There are some bullish Divergences and a bearish one as well. These Divergences are based on MACD/ CCI vs. Price.
In September 2018, right after a bullish Divergence, followed by a Trendline-Break and a MACD/ Signal-Line-Crossing, Price was peaking up to the yearly Pivot-Point.
One year later, we see again a strong bullish Divergence. The Trendline was already broken and MACD crossed the Signal-Line. This time there's an additional confirmation of the bullish Signal: RSI was very oversold and is starting to recover now.
The past couple Candles are green and this might become a very strong uptrend.
It's probably the right time to go Long with XRPBTC - the Profit Target is the current yearly Pivot at 0.00012164.
We see multiple Divergences on the weekly Chart. There are some bullish Divergences and a bearish one as well. These Divergences are based on MACD/ CCI vs. Price.
In September 2018, right after a bullish Divergence, followed by a Trendline-Break and a MACD/ Signal-Line-Crossing, Price was peaking up to the yearly Pivot-Point.
One year later, we see again a strong bullish Divergence. The Trendline was already broken and MACD crossed the Signal-Line. This time there's an additional confirmation of the bullish Signal: RSI was very oversold and is starting to recover now.
The past couple Candles are green and this might become a very strong uptrend.
It's probably the right time to go Long with XRPBTC - the Profit Target is the current yearly Pivot at 0.00012164.
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