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.
A good and blessed Sunday indeed! It is so good to be back after missing 2 technicals in a row. After all we humans have limits also, in my case after I created 17 straight reports plus videos, I felt exhausted.
But God is good! He renews our strength day by day and I am back in business of report Bitcoin, XRP and the general crypto markets price action.
So again we start with the total market cap price action analysis.
This is my charting and speculative paths:
Circle indicates the market extended fear level after first attempt on touching the daily cloud!
1. Bull market path.
2. Healthier recovery tank path.
3. Healthy recovery tank path.
4. EXTREME FEAR!
Next stop is Bitcoin, and these are my thoughts based on these chartings:
Everybody thought that the crypto leader is done already but look at his dominance index rate % friends, after just barely holding 50.03% last April 22, the leader has 3 paths to choose:
1. To tank sideways.
2. To trade upside.
3. To slowly trade down.
What is your pick?
Lastly, the main event of my technical report highlighting the underdog cryptocurrency XRP itself. While the rest or most of the XRP loves worried so much with the current price in the midst of chaos, me? I always go to the weekly chart and PUT MY EYES LIKE GLUE on the Weekly Golden Cross in the making! Shown in the blue circle. XRP cannot and must not give up its 245% monthly gain in #1!
Please watch my video for full explanation here:
Once again, I do hope that you have enjoyed reading my article. I am confident that I have delivered today's technical missions.
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Thanks a lot for continued support!
God bless you all my fellow XRP loves. I will continue my work.
God speed.
