As you can see by the blue arrows, the classic Bollinger Band squeeze. The BB squeeze tells us volatility is very low and the price is pushing itself to a tipping point. Usually the move is in predominant trend within the last week. Since we had a bullish break we can assume the squeeze is telling us XRP is about to move up.
Supporting this, we have the Parabolic SAR is giving us low volatility signals with consecutive linear formations. The formation is above and below on the 4 hour and above on the 6-hour. This signal on top of the channel tells us an upward movement is abound. You can check the same signal on the 6-hour chart in April 2017.
The next supporting figure is the Bull flag that is clearly painted. Which I'm sure most of you know.
Good luck out there!
Supporting this, we have the Parabolic SAR is giving us low volatility signals with consecutive linear formations. The formation is above and below on the 4 hour and above on the 6-hour. This signal on top of the channel tells us an upward movement is abound. You can check the same signal on the 6-hour chart in April 2017.
The next supporting figure is the Bull flag that is clearly painted. Which I'm sure most of you know.
Good luck out there!
Looks like the move will happen sooner than expected and almost is guaranteed to be bullish.
Im hiking my expected price increase to 20% to $0.828.