DISCLAIMER: I am not a financial advisor. All contents on this blog are solely my own personal views and for Cryptocurrency Trading education/entertainment purposes only. Cryptocurrency Trading is very risky. Losses can exceed deposits. Enter with discretion.
Hello everyone! Happy Wednesday!
I am back to report today's current price for Bitcoin, XRP and the total crypto market cap.
If you read my title, yes I am seeing a very bullish daily rounding bottom pattern supported by the XRP's trading inside the Bollinger upper band territory.
Bitcoin touched daily Ichimoku cloud 3 times in 4 days! It really wants to go low seeing its dominance rate/index is decreasing steadily over time! 40% is good for a more explosive alts season!
2 days left for XRP's price correction and it is done.
Bitcoin's daily moving averages remained ugly while XRP's looking good and sexier over time.
The 50-day SMA acting as resistance for Bitcoin short-term while XRP is so high above the 3 moving averages.
XRP's Weekly 21-WMA is stronger than BTC which is nice!
Other hand, XRP's 2017-2018 Epic Bull run's volumes are lower compared today.
Find out more details, watch my technical video for the day:
Once again, I do hope that you have enjoyed reading my article. I am confident that I have delivered today's technical missions.
Please subscribe to my channel for more daily XRP technical updates:
https://www.youtube.com/channel/UCFQWMCe8dPTIzQKULdxenyQ
You may support my XRP dedicated blog here:
https://read.cash/@rafaelken1989
Also, follow me on Twitter:
https://twitter.com/rafaelken1989
From time to time I give small giveaways! Be one of the lucky winners!
Thanks a lot for continued support!
God bless you all my fellow XRP loves. I will continue my work.
God speed.
