protechtor
Giá lên

XRP/USD Correction/Consolidation after new ATH

BITSTAMP:XRPUSD   Ripple / Đô la Mỹ
BITSTAMP:XRPUSD            
Wow! What a show! XRP blew out the top of the channel (as mentioned 12/26) with volume on its way $2.47. Steeper channel formation in progress (old trendchannel is now in grey, new in green). We appear to be in a low volume range trading/consol pattern now (pretty wide range). This will change after the holidays once volume on exchanges picks up.Lower green trendline needs another touch to be considered a true trendline . The fact that I had to redraw to a steeper trendchannel has me pondering whether the trend is turning parabolic.

On a non-technical note... most of the larger exchanges still have not verified all the new account requests from a month ago (when XRP/USD was in the .20's). The masses of new entrants are having a very hard time getting access to even start buying. I don't think this bull is over yet, but if we do have a selloff, support lines are the blue hashed lines on the chart.

Have a happy new year!
The new green channel is the log channel. Best to change your chart to log to see the channel better.
Phản hồi
protechtor JohanJanssens
@JohanJanssens, Thanks Johan. I have a log chart as well. Will start posting that one as well.
Phản hồi
@protechtor, You are most welcome. I have been trading of the log chart, gives a much better view so far of the channel we are in.
Phản hồi
Yep the price has been accepted and now we are just waiting for the big guns to suck it up and accept a higher price to buy in at, breakout at anytime probably Thursday.
Phản hồi
protechtor tomlilley81
@tomlilley81, Speaking of big guns... an interesting conversation here from two pro traders. Pure fake pumping? Or something more...

https://www.cryptocompare.com/coins/xrp/post/p_50270
Phản hồi
gaiseric protechtor
@protechtor,

Fake
Phản hồi
tomlilley81 gaiseric
@gaiseric, Buy the rumour sell the news bro
Phản hồi
VI Tiếng Việt
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Trang chủ Bộ lọc cổ phiếu Bộ lọc Forex Bộ lọc Tiền điện tử Lịch kinh tế Cách thức hoạt động Tính năng Biểu đồ Quy tắc Áp dụng Người điều hành Giải pháp cho Website & Nhà môi giới Widget Thư viện Biểu đồ Chứng khoán Yêu cầu tính năng Blog & Tin tức Câu hỏi thường gặp Hỗ trợ & Wiki Twitter
Hồ sơ Tùy chỉnh Hồ sơ Tài khoản và Thanh toán Ticket Hỗ trợ của tôi Liên hệ Hỗ trợ Các ý tưởng đã đăng Người theo dõi Đang theo dõi Tin nhắn riêng Trò chuyện Đăng xuất