May 20, 2021 Major Cryptocurrencies Intraday - Technical Analysis for Bitcoin, Ethereum, BNB and XRP
**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 Thursday to all.
After missing in action since May 15, 2021 that is 5 days in a row, I am back once more delivering a new and improved version of my own technical analysis for the May 20, 2021 Intraday.
I want all of you my dear readers to watch my video below wherein I explain in full details regarding of what I am seeing for the intraday. Also, my audio's quality has been greatly improve assuring there are no more missing in the gaps between.
https://youtu.be/eqq-9lW1vm8
As a closure, we need Bitcoin to confirm that is has already found its latest bottom so that the general crypto markets is back to business especially for the XRP. Until then the space is subject for more worst corrections than recently.
Like I always said in my Twitter and previous reports, it does not matter if we are wrong or right at least we keep on doing lots of try-hard TAs, creating speculations to make wiser trading and investing decisions in the crypto markets!
Always remember to read my disclaimer above again. This is definitely not a financial advice and do not take actions with everything I have discussed here.
I hope that you have enjoyed reading my article for today. 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**
I am currently handling Telegram groups which I give signals, daily Skype sessions and more!
From time to time I give small giveaways! Be one of the lucky winners!
Thanks a lot for continued support!
God bless and God speed all of you my fellow XRP loves. I will continue to work harder to achieve these 3 things:
Learn
Yearn
Earn
Bon voyage...
XRP + Bitcoin TA Video For May 15, 2021
**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.**
Happy Saturday and weekend all!
Tonight I discuss another technical report starting with Bitcoin, the total market cap, and the XRP.
Today's trading is a low volume in favor of selling momentum.
Bitcoin continued to trade in a bearish channels after deciding to completely move below the daily Ichimoku cloud. The BTC can plummet even lower as $39,000 mark near the 200 day SMA.
Even though the crypto leader keeps falling, it has lesser damage effects across the alts due to the fact that its dominance index rate is also diminishing daily! It has a probable chance of hitting back the January 2018 low of 35%.
XRP on the other hand remained in a strong supports near the 2 Fibonacci crucial regions from $1.30-$1.35 range. It needs to make a close above $1.44 for May 15, 2021 in order to change pace nearing the breaking point or point of decision.
In the cross-border settlement coin's long term approach, I am seeing a wave 5 once the PoD will be in buyers' favor where the top of the range is $3.60-$3.67 before a corrective phase again.
A failure or a breakout PoD can plunged XRP back below $1 sub-levels starting from $0.67 and lower. Anything can happen!
Watch my TA video in full details here:
https://youtu.be/5DNvAZnrW2E
Like I always said in my twitter and previous TA reports, it does not matter if we are wrong or right at least we keep on doing lots of try-hard TAs, creating speculations to make wiser trading and investing decisions in the crypto markets!
Always remember to read my disclaimer above again. This is definitely not a financial advice and do not take actions with everything I have discussed here.
I hope that you have enjoyed reading my article for today. 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**
I am currently handling Telegram groups which I give signals, daily Skype sessions and more!
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! Bon voyage...
AUDUSD LONG - Aussie Poised To End The 7-Year Drought Against The Greenback
**DISCLAIMER: I am not a financial advisor. All contents on this blog are solely my own personal views and for Forex/FX Trading education/entertainment purposes only. Forex/FX Trading is very risky. Losses can exceed deposits. Enter with discretion.**
Good day Forex traders around the world!
Today I got the chance to scan both the Aussie's long term and short term fractals and I am so amazed with what I am seeing so far.
The AUD is one of the best performing FX majors for the year 2021 after hitting a rock bottom last March 2020. It is currently trading strongly in a continued ascending channel and looks like a more uptrend rally we might see in the next few weeks. We will keep watch.
My technical speculation is that it is poised to outperform the US dollar and on the road to end the 7 year drought found on the long term's weekly Fibonacci retracement # 0.50 at 0.8300 as resistance with that year time-frame after hitting an all time high August of 2011. That is almost 1.1100.
With that being said, on the daily chart, the AUD buyers must first break the 0.7800 short term resistance and eyeing the next major barrier found at 0.8000 which kept the Aussie bulls under the radar for 78 trading days.
Both the daily MACD, RSI and Stochastic RSI are ready for a bullish momentum. So my trade plan will be straight forward long position, a 6th attempt to break that 0.7800 level and turn it into a short term support which is the much need new basement for a convincing move upwards targeting that 7-year long monster resistance 0.8300. From then moving on, we can speculate a more rushing to the upside towards 0.8400 as my take profit exit.
Meanwhile, if bulls or the buyers cannot turn the tables and supply pressures takeover, I will set the stop loss just below the 200 Day SMA around the 0.7400 mark.
Thanks a lot for reading my technical analysis for the AUDUSD.
Wishing you a good trading day ahead!
God speed and Bon voyage Aussie dollar!
XRP + Bitcoin TA Video For May 14 2021 - XRP Must Close Above $1.44 and Surge 20%!
**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.**
Good Friday and Flyday! Yesterday and last May 12, that was Wednesday, were ugly trading days where the fire started by Bitcoin and rapidly went towards the alts! One of the biggest factors that caused the nasty dips was due to Boss Elon's tweet about BTC!
Full details here:
https://twitter.com/elonmusk/status/1392602041025843203
Anyways, today the crypto markets have recovered and in green again! XRP jumped an intraday high of almost $1.43 and currently hovering around the $1.39-1.40 regions.
My TA report tonight is focusing on XRP's target daily close above $1.44 for May 14, 2021 and buyers must push the price higher of 20% surge to break the April 2021 high resistance trendline.
Please watch my full video here to explain everything:
https://youtu.be/j2dviQbbk_0
Like I always said in my twitter and previous TA reports, it does not matter if we are wrong or right at least we keep on doing lots of try-hard TAs, creating speculations to make wiser trading and investing decisions in the crypto markets!
Always remember to read my disclaimer above again. This is definitely not a financial advice and do not take actions with everything I have discussed here.
I hope that you have enjoyed reading my article for today. 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**
I am currently handling Telegram groups which I give signals, daily Skype sessions and more!
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! Bon voyage...
XRP + Bitcoin Intraday Technical Report for May 12, 2021
**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.**
Good Wednesday to all! I have missed to write a TA report for Tuesday, that is yesterday so I ask an excuse for that but tonight is good and here it is.
These are the highlights for today which is also explained in full details on the video TA:
Bitcoin to rally towards $60K!
Full tweet thread here:
https://twitter.com/rafaelken1989/status/1392445847799885837
XRP locked and loaded in Symmetrical Triangle ready for Breakout!
Tweet thread here:
https://twitter.com/rafaelken1989/status/1392347698716495875/photo/1
Total Crypto Market Cap hit a new ATH.
Both BTC and XRP entered 28 days of consolidation
Plus more updates!
For Bitcoin, we need the crypto leader to completely go outside the daily Ichimoku cloud and a re-test towards the $60,000 resistance barrier. A daily close above that price for May 12, 2021 is super bullish.
Meanwhile for XRP, nothing to worry about because it is locked and loaded in a very nice consolidation range setup that keeps on creating lower highs (LHs) and higher lows (HLs) over time reaching a pinnacle for a bullish breakout. Nobody wants a bearish breakdown and all my TAs including other positive outlooks get nullified!
Watch the full video explanation here:
https://youtu.be/QNRBaWmhkuE
Like I always say in my twitter and previous TA reports, it does not matter if we are wrong or right at least we keep on doing lots of try-hard TAs, creating speculations to make wiser trading and investing decisions in the crypto markets!
Always remember to read my disclaimer above. Again and again.
I hope that you have enjoyed reading my article for today. 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**
I am currently handling Telegram groups which I give signals, daily Skype sessions and more!
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! Bon voyage...
XRP + Bitcoin TA Video For May 10 2021 - BTC In Indecision Mode While XRP In Cautious Trade
**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.**
Good Manic Monday once again! After not able to write anything for 3 days now, I am glad that I have made this technical analysis once more.
Let's jump straight to my highlights for today which is explained in the video TA:
Bitcoin crypto leader must get out of the daily Ichimoku cloud to make a bullish decision! A daily candle close for May 10, 2021 will re-open closed doors and my personal speculation of $68-70K can be a thing.
Bitcoin keep losing dominance index which has been seen proof from the alts especially Ethereum which carried the other cryptocurrencies last week.
Crypto total market cap just hit $2.50 Trillion milestone!
XRP is in cautious trading amid incoming re-scheduled closed meeting of US Sec this May 13, 2021
My personal speculation of $2.09-$2.10 target before a new price correction comes again.
Watch the full video explanation here:
https://youtu.be/qxR-XcX74Gg
It does not matter if we are wrong or right at least we keep on doing lots of try-hard TAs, creating speculations to make wiser trading and investing decisions in the crypto markets!
Always remember to read my disclaimer above.
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**
I am currently handling Telegram groups which I give signals, daily Skype sessions and more!
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.
XRP + Bitcoin TA Video For May 6, 2021 - A Crucial Above $1.66 Daily Close For XRP
**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.**
Good Thursday to all the crypto lovers especially the XRP loves all over the world.
As you know and noticed I only focused with the XRP and along with the Bitcoin chart. They are very important in my own trading system! So far they worked and I cannot be much happier.
There is a hidden bullish Flag and Pole Formation in the Daily Chart of the XRP! BOOM!
Explained in full details here:
https://youtu.be/W4ME61SllK0
As a summary of my technical report:
XRP must close above $1.66 for May 6, 2021 daily close to extend its goal on the psychological $2 mark.
Bitcoin on the other hand, must close above again from its 50 Day SMA! In a crucial position near in the daily Ichimoku cloud once more in 18 days which can trigger another bearish trade.
Always remember to read my disclaimer above.
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**
I am currently handling Telegram groups which I give signals, daily Skype sessions and more!
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.
XRP + Bitcoin TA Video For May 4, 2021 - 9 Days Price Correction Speculation!
**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.**
Good Wednesday to all! Again this was supposedly out last night but I got so busy with a lot of things in mind. Please pardon!
Anyways, this technical report for May 4, 2021 is about my personal speculation for a major correction for both the Bitcoin and especially the XRP where the latter needs one last dip before gearing up in green territory.
But a daily close above 1.56 for May 5, 2021 can change the tables. Anything can happen.
Here's the full explanation in video:
https://youtu.be/qoVeK9nayww
Investors and retailers alike are losing confidence from a dwindling legal battles between the US Sec and Ripple knowing the fact that I heard rumors of upcoming news this May 6.
The lack of fresh buying power or buy volumes can send the XRP to retest 1.34 with the crypto leader Bitcoin still having problems with itself in which it is back on bearish trading.
Bon voyage XRP!
Always remember to read my disclaimer above.
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**
I am currently handling Telegram groups which I give signals, daily Skype sessions and more!
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.
XRP Exclusive Technical Analysis Report May 3, 2021 - A Personal Outlook For 20% Price Surge
**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.**
Good day! This was supposed to be done last night but I got really super busy with my Telegram group but it is better late than never.
This technical analysis report is about my own personal outlook for the XRP to surge 20% for today but failed to make it. PoD or the price capitulation was in seller's favor and XRP re-visited the as low as the $1.30+ regions before managing to make a recovery at the time of writing article around the $1.46 mark.
Watch the full video report here:
https://youtu.be/NNMXNfgG4mE
Always remember to read my disclaimer above.
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**
I am currently handling Telegram groups which I give signals, daily Skype sessions and more!
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.
XRPUSD - Targeting A Long Position Swing Setup Towards Longterm Trend Fibonacci (0.618) $2.09
**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.**
With the continued development on the trial hearings between the US Securities and Exchange Commission and the San Francisco based Fintech company Ripple, more and more investors gaining confidence attracting swing traders in the process.
I am not going to miss XRP's next move and I am seeing a long trade position oppurtunity.
XRP's current meta is in a big favor towards the buyers, at the time of writing this article, I have scanned in depth both the weekly, daily and 4hourly charts hinting for a bigger bullish move.
On the weekly charts, XRPUSD already made a Golden Crossing which the 50SMA crossing the 200SMA and seeing the 100SMA will try to cross as well hence supporting for stronger buying pressure.
The weekly last 2 candles' formation formed a very Bullish engulfing and formed a triangle shape where the XRP created new lower highs and higher lows in the last 3 weeks' price action. Once the PoD or point of decision both on the weekly, daily and 4hourly charts, decides in buyers' control, we may see a breakout towards a retest on over the weekend's high around $1.66-1.67. I am seeing the volumes on the four holding strong and the 1.50-1.56 offering supports for 3rd day now.
With that being said, once that weekend high is broken, we may see XRP surge fast towards the Longterm trend Fibonacci Retracement # 0.50 in reference to its only and all-time-high last January 2018. This price is estimated around the $1.71 level and if more buying volumes come in we may see more upside actions.
On the downside, if PoD fails then selling pressures can send XRP back fast towards the next crucial longterm Fib retracement # 0.382 where I speculate a lot of supports on the $1.30-1.34 regions.
So I decided to make a trade plan. A long position swing setup towards the longterm trend fibonacci (0.618) $2.09 before a new major correction to occur. This price will be my take profit exit.
I set the buy entry on XRP's PoD once bear controlling the price pace on the $1.34 and set stop loss on the $1.20 where another major support lies.
So this trade plan will give me an estimated Risk:Reward ratio of 5.429.
Till then we will keep watch the XRP against the USD.
Bon voyage XRP!
Happy trading all! God bless
XRP + Bitcoin Technical Analysis Report May 1, 2021 - BTC Smashed 50DAY SMA! XRP Tanking Stage 2!
**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.**
Happy Saturday to all crypto lovers all over the world especially the XRP loves!
Today I am doing another technical video for the XRP, Bitcoin and the general crypto market cap price actions.
Today was a good day to discussed technicals again knowing that fact that my speculations were hit! I was so happy they did!
We start with the Bitcoin first and foremost. It beautifully smashed the 50day SMA which I keep on calling in the past days! But a little drawback can occur anytime since achieving recent intraday high. As long as this said SMA will be acting support then all good.
For the general crypto market cap, it is nice to see again the price above the $2 Trillion mark after all there was never a time the total cap went back to sub levels.
Also for the XRP, the last and foremost, after a successful tanking and created a beautiful PoD to go higher, currently at the time of writing this article, it is in 2nd round of tanking amid Ripple about to release the behemoth Kraken 1 Billion Escrowed XRPs to the open markets! We speculate supports turn to play.
Until then, the overall picture of the XRP is very, very bullish the way I see it.
Watch the video down below for more details:
https://youtu.be/rCfq9AXTDag
Always remember to read my disclaimer above.
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.
XRP+Bitcoin TA April 29, 2021 - Bitcoin king no more? What it means for XRP and the rest of alts!
**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.**
Good Thursday all!
Today is a great day talking again about the technicals intraday.
2 main points:
Bitcoin fell below 50% and confirmed tanking thus alt season.
XRP in the verge of a breakout or breakdown awaiting April 30, 2021 trial hearing.
Watch the video here for full explanation:
https://youtu.be/9tOQq8ORxq8
Always remember to read my disclaimer above.
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.
My XRP+Bitcoin Full Technical Report for April 28, 2021 - XRPBTC Chart is in XRP's Favor
**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.**
Good day! I missed another video last night. Was so busy setting up my Telegram group and finally it is done!
Thank you LORD!
So without further ado, here's today's technical video in details:
https://www.youtube.com/watch?v=G1TKcwyv5xM
The main highlight in today's video is the XRP will be in the upper hand in case Bitcoin decides for another dump based on the current technicals' suggestion on the XRPBTC daily chart.
Just watch the video above for more details.
Always remember to read my disclaimer over and over.
And please see my speculated moon time of the undervalued XRP. See image below for details:
Diamond hands always paid off in the end!
XRP to the moon soon! :-)
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.
My XRP+Bitcoin Full Technical Report for April 26, 2021 - BTC's Strong Daily Opening Gives XRP Rally
**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.**
Another Manic Monday but yet a happy day.
Today's Bitcoin opening was so strong that it sent a green light signal across the entire crypto markets especially for our dear XRP after beaten down hard over the previous days.
Let us get into business the first highlight today was none other than the Bitcoin crypto leader finally printed a breather green candle.
Please zoom in the image for more details.
Next is, I am seeing 2 probable Head and Shoulders pattern based on the daily candles' formation for the dear XRP.
Actually the bearish H&S pattern looks like a fake-out because I cannot see where the real shoulders are located. On the limelight, if Bulls and Bisons continued to pushed the price back higher to former levels since April and the new multi-year high. Anything can happen so it is not wrong to make an estimates.
Lastly, we go the XRP's 4hour macro trading since this timeframe is to be considered mid-term where swing setups can exist.
What I am seeing here is that XRP can lock up again in range bounds if it decide to consolidate again.
For more information regarding my technical report today, please watch my short video explanation here:
https://youtu.be/G8_5dJ5yig8
https://www.youtube.com/embed/oQ6DfZW3Tmg?feature=oembed
Always remember to read my disclaimer above.
Diamond hands always paid off in the end!
XRP to the moon soon! :-)
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.
My XRP+Bitcoin Full Technical Report for April 25, 2021 - A Crucial Point of Decision (PoD)
**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! https://twitter.com/hashtag/XRP?src=hashtag_click
Please watch my video for full explanation here:
https://youtu.be/oQ6DfZW3Tmg
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.
XRP Exclusive TA for April 22, 2021 - Explaining 2 Scenarios: Deadly Reversal & Re-testing ATH Path
**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.**
Another great day that the LORD has made!
Before I continue, I want to give this quotes based heavily from my own experience. I hope and pray you learn from it:
**"I RATHER LOSE IN TRADING THAN FALL INTO PYRAMIDING SCAMS OR SCHEMES!"**
Also, I like to entertain you some of my hidden secrets in my 2nd year journey with crypto. Please enjoy.
Let me go unto the main topics. Actually today's version of my technical report is very XRP exclusive!
3 vital points discussed:
XRPBTC strong daily chart. 100-Day SMA perfectly supported for 5 days!
I have been speculating 3-4 days correction for our dear fave coin XRP and 1-2 days left currently. So tomorrow's daily candle close above the B median/red line is crucial this is where 1.30-1.34 lie and coinciding with Ichimoku Kijun line.
XRP loves I combine all my ability to analyze our fave coin's chart! Take another look, I use volume pattern and candle formation here. ty me later! This is the most important indicated by my title for today! Read the images very carefully. https://twitter.com/hashtag/XRP?src=hashtag_click
Full details are explained here in my video. Please watch until the end!
https://youtu.be/umL_jZFWTok
This is indeed by far the best technical analysis I made for the XRP!
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.
April 21, 2021 XRP Technical Report - Bullish Daily Rounding Bottom Inside B Upper Band Territory
**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:
https://youtu.be/k3LBo-YEAgU
https://www.youtube.com/embed/3W6YVOrM4GA?feature=oembed
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.
My XRP + Bitcoin Full Technical Report for April 20, 2021 - Intraday Hidden Inverted Bullish Flag
**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.**
Good morning, afternoon and evening wherever you are now! Today is another day in giving you the technical reports that I have seen in the intraday price actions.
Here are the key highlights that I have gathered for the XRP:
Intraday Hidden Inverted Bullish Flag
Weekly Golden Cross Still Valid - Fast Approaching
Fibonacci Retracement # 0.382 - 1.33-1.34 - Reclaimed as Support
Next stops - 1.50, 1.56, 1.71
Bitcoin entered its 6th day of consolidation after achieving a new all-time-high and XRP in its 6th day as well after reaching a new multi-year high.
Crypto total market cap found strong support on the previous psychological $2 level. On the other hand, Bitcoin index is still hovering in the 50-55 mark.
Bitcoin daily chart is not ugly, touched the Ichimoku cloud two times in 3 days and facing its 50-day SMA as immediate resistance. The crypto leader's weekly 21-WMA still at bay perfectly sitting at the $50,000 level may offer a strong support once sellers take control again but I am seeing oversold technicals already and soon hinting for a bullish divergence.
Meanwhile, XRP's daily chart is so strong! I have never seen XRP's charts this strong compared to where it was before. Its daily clouds are so far below, price are still trading inside the B upper band even multiple sell-off pressures that came in recently. Daily and 4-hourly moving averages are still flying.
The main event that I have found from XRP's action is its hourly chart already in perfect silver and golden crossing. It even formed a hidden inverted bullish flag suggesting a very strong upward rally.
Please watch today's video for more details:
https://youtu.be/3W6YVOrM4GA
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.
My XRP + Bitcoin Full Technical Report for April 19, 2021 - XRP Price To Correct 3-4 More Days!
**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! Today is Manic Monday, I was so exhausted today, lots of work to be done but till I am glad to be able to make this written report in time.
Not much activity I have observed for today. At least Bitcoin and XRP found solace on the support levels.
https://www.youtube.com/embed/Ax6Ga5o4qUU?feature=oembed
Key highlights mentioned:
Bitcoin entered 5 days of consolidation.
XRP is looking to extend price correction for 3-4 more days.
Good XRP weekly close above 1.33-1.34 area just in time.
Boss Jed McCaleb continued selling 22.50+M XRP for the 2nd day.
I want to special mention DOGE for able to get past the ranks against the likes of Cardano's ADA in the crypto total market ranks.
Watch my video in full for more details:
https://youtu.be/MmktnGa-dzA
A quick and straight-forward version I made today.
To close my article, remember there is always calm after the storm.
Do not forget to read my disclaimer above. You may read it many times if you want.
That is all for today! I do hope you have learned something new again and I am glad that I have delivered my technical mission for the day.
Don't forget to please subscribe to my channel for daily XRP technical updates:
**https://www.youtube.com/channel/UCFQWMCe8dPTIzQKULdxenyQ**
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.
My XRP+Bitcoin Full Technical Report for April 18, 2021 - EPIC DAY! Psychological $2 is still valid!
**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.**
As another Manic Monday is coming once more, crypto markets decided to sell-off strongly in today's trading when it already did and seems bears want more.
One of the key factors that led the crypto sell-offs, of course led by Bitcoin itself, is this news down here:
https://coinmarketcap.com/headlines/news/chinas-xinjiang-blackout-and-bitcoin-hashrate-correction-caused-btc-price-crash/?fbclid=IwAR2c6nqO0wwsN3tN6iDFXfYROGP9NkjLFdIEnZKCljPCdDF90eTKhvdnLm4
It really proves that Proof-of-Work does not work in the long run. Sustainability is key! This is just my IMO (in my own point of view).
Let's proceed now to some of the key highlights that I mentioned in my video for today:
XRP hit as low as 1.16, 1.17, 1.18
Boss Jed sudden increase in XRP dump even buy volumes for today are low
More discussed here, watch in full:
https://youtu.be/Ax6Ga5o4qUU
On the technicals' department:
Bitcoin's surprising 20% move downwards. My speculation of 10% price correction was doubled instead! And Bitcoin's daily cloud was touched after 209 days since September 2020. Giving more rooms of panic towards traders and investors alike.
XRP's 4-hour chart mightily rebounded and key technicals suggesting rock bottom already.
A weekly close above 1.33-1.34 will still validate XRP's Pyschological $2 target.
XRP's last multi-year resistance regions 1.20-1.24 after pegging the crypto to be low has amazingly acting as good supports for today's sell-offs.
Indeed an epic day! Remember that crypto markets are the highest risk among world's asset classes and everyday is not Christmas in this kind of markets. A vicious and mean one!
Do not forget to read my disclaimer above. You may read it many times if you want.
That is all for today! I do hope you have learned something new again and I am glad that I have delivered my technical mission for the day.
Don't forget to please subscribe to my channel for daily XRP technical updates:
**https://www.youtube.com/channel/UCFQWMCe8dPTIzQKULdxenyQ**
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.
My XRP + Bitcoin Full Technical Report for April 17, 2021 - XRP 4-Hour 50-SMA Offering Support
**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 quiet weekend compared last week. Low to moderate volumes proving a consolidation period but sellers or the bears have slight advantage so far. But who knows bulls and bisons might do a sudden sprint from nowhere!
Remember this is crypto we are talking and been following for a long time now.
We had ups and downs yes, but that do not mean we stop in the middle of the run. No, not yet.
So today I made another quick video version of my technical analysis as always starting with the king Bitcoin, next is the total crypto market cap, and last but not the least, the XRP.
Watch it here:
https://youtu.be/iWlu_hvXWos
Actually, majority of the alts are still in price correction after massive runs previously except for the joke meme DOGE coin which formed a bearish Head and Shoulders pattern when I looked at the hourly charts earlier.
So let's more forward.
Here are the key highlights for today's technical report:
Bitcoin the king entered 3rd day of consolidation period since achieving a new all-time-high. Hit a perfect $60,000 low in the last 3 days and strong price rebound.
Bitcoin dominance fell to 52%. The lower the better. A more explosive alt season anytime soon!
Crypto total market cap forming a long legged Doji candle but sellers might take the lead.
XRP lost the weekly support $1.71 including the hourly 50 and 100 SMA supports alike. Its 4-hour SMA now to the rescue! If this newfound support can't hold much longer, then we go back to the $1.33-1.34 and can pave much selling when it happens. Hope it will not occur!
XRPBTC chart looking strong again, creating higher lows in an ascending channel give much needed support although it is re-testing resistances once more.
https://www.youtube.com/embed/SlpQm_MI7iU?feature=oembed
That is all for today! I do hope you have learned something new again and I am glad that I have delivered my technical mission for the day.
Don't forget to please subscribe to my channel for daily XRP technical updates:
**https://www.youtube.com/channel/UCFQWMCe8dPTIzQKULdxenyQ**
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.
My XRP + Bitcoin Full Technical Report for April 16, 2021 - XRP Forming Consolidation Range Bounds
**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. Today is Fly-day Friday! Literally...
Even though the crypto markets in general is not looking good at the moment except for some special ones there flying at the time of writing like the infamous meme coin DOGE which lead by boss Elon's tweets keep fueling the fire of the rocket ship. Some movements also on the Bitcoin Cash which is nice.
But most the crypto majors are not pretty well during intraday's trading.
Key highlights for today's technical report:
Bitcoin the king coin decided to plunge in bearish territory. Alts following the heavy move downwards. In dips literally. I discuss the full report watch my video down below for more details.
Bitcoin dominance rate keeps falling into a descending wedge forming a bearish flag shape. The lower the king's dominance rate the better and more explosive alt season.
Crypto total market cap in a very volatile trading day. Hit extreme tops and lows real quick showing high level of greed and fear among traders and investors alike.
XRP followed Bitcoin's price move downwards and I am seeing a consolidation ranges.
Overall, I am still bullish for the XRP which the bigger picture remained valid, that is to reclaim former glory towards its previous and only all-time-highs last January 2018. Soon this 4th year bear market will be over.
As a closure of my technical report for today, I don't want to discuss any much further, please watch my shortened video version here discussing full technicals:
https://youtu.be/SlpQm_MI7iU
Please subscribe to my channel for daily XRP technical updates:
https://www.youtube.com/channel/UCFQWMCe8dPTIzQKULdxenyQ
Support my XRP dedicated blog:
https://read.cash/@rafaelken1989
Follow me on twitter:
https://twitter.com/rafaelken1989
From time to time I give small giveaways!
Thanks a lot for continued support! God bless you all my fellow XRP loves. I continue my work!
My XRP Full Technical Report for April 15, 2021 - Hourly 50-SMA Acting as a Crucial Support Level
**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.**
Good Thursday everyone!
Another day, another chance to discuss technicals of the king Bitcoin, total market cap, and of course the XRP.
There are days of enormous gains and the same of losses. Every cryptocurrencies in this type of market space always come to a point of profit taking which is a normal thing. A part of the process of this never ending trading cycle. A due process indeed.
At times it is better to hold strong and wait for the storm to calm down. The bid volumes must be filled so that those people who are patiently waiting for the dips can get what they wanted, finally at least in the hopes of not missing the boat.
Once this price correction is through, then the buyers or buy volumes come back again.
Here are the key highlights in today's technical report:
Bitcoin is poised for a 10% price correction after achieving a new all-time-high.
Total crypto market cap reached a recent all-time-high and turning $2T trillion into a support which is no longer a psychological level after sometime.
XRP's daily candle close for yesterday formed Long Legged Doji candle shape.
To know more about candle shapes and formations, visit link below:
https://en.wikipedia.org/wiki/Candlestick_pattern
XRP's hourly 50-SMA acts as a support intraday on short-term basis.
So today's report will be focusing towards supports role as bears are ready to take over the crypto markets. As long as key crucial support levels hold down the line, minor corrections or drawbacks can be acceptable. During dips, even the nasty type of sell-offs, the supports role can be tested and very crucial as selling period lengthens over time.
Remember to read my disclaimer above again. Please!
Watch also my video version for full details:
https://youtu.be/RBdDmy4ZYew
HODL strong my XRP fellow loves! Our targets remain the same towards reclaiming the all-time-high! These pullbacks are not a reason for us to be upset. The shakenings and FUDs are done throughout the 4th year of being in a bear market. Remain calm and focused and see the overall big picture of what's ahead.
Thank you so much for staying until the end of my article.
Wishing you another wonderful day and God bless.
See you again in tomorrow's report.
My XRP Full Technical Report for April 14, 2021 - Getting Closer To Smash the $2 Psychological Level
**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.**
Good day once again especially to all my fellow XRP loves globally!
Another good day for the XRP as it is getting closer and closer on targeting the $2 psychological level. I use this term because in trading's standpoint or point of view, XRP has been through a lot of stagnant price action during its 4th year of being in a bear market. Since achieving its only all-time-high way back January 2018, still a lot of people especially those waiting for so long now that feel awkward to see a higher priced XRP lately!
I have this feeling that some people sold when XRP hit $1 out of fear that price go back down sub-levels again. Then everybody was surprised and a lot of FOMO happening even until now.
So without further ado, I talk about the major technicals for the intraday trading ahead. Some of the highlights discussed in my TA video today are:
Bitcoin back-to-back multiple ATHs just in 2 days!
Bitcoin is poised for 2 moves. Upside move is extending its gain targeting a new ATH but downside technicals are suggesting for a new price correction.
Crypto total market cap is establishing the previous $2 Trillion which I referred previously as another Psychological mark into a new support level. You know trading is just a divide and conquer over time price go higher, go lower and sideways. Back and forth.
XRP is maintaining its the formation of a Weekly Golden Cross pattern as time goes by as long as the bulls/buyers control the pace.
XRP's trading volume is back in its top 3-4 form. This is what we want from her.
Anything can happen. Both sides, the price correction or achieving higher targets. That is the essence of trading. Remember to read my DISCLAIMER above! Be cautious if you are daytrading crypto and holding bags strongly for long-term haul. Short-term profits are good but very dangerous if done wrong. On the other hand, long-term yields the highest ROI possible but needs time. Common denominator between the two is TIME.
So that's wrap up my today's technical report.
You can watch the shortened version here:
https://youtu.be/gGz-P-O1VHs
Also, I been non-stop following Bitcoin and XRP. You can view full updates regularly from time to time on my Twitter feed:
https://twitter.com/rafaelken1989
Please follow me and I assure you are automatically followed back!
Thank you once again for having your precious time to read my article.
See you again soon. God bless and God speed!
My XRP Full Technical Report for April 13, 2021 - An Imminent and More Bullish Weekly Golden Cross
**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.**
Good day once again especially to my fellow XRP loves!
Today is another good day to talk about the technicals. Again and again, I will keep doing what I do. I may or might get bashed and trashed along the way but that does not stop me from doing my thing. I consider them as healthy critics for more development. After all we are not perfect. Striving for greatness is the key to success but failures come along the way. We cannot escape but just accept them. Again this is not financial advice in any way!
One of the reasons that I keep doing consistent technical reports daily is for my references and guides. A diary of records that will be helpful for the future. Also, I am confident that I am helping you all somehow and someway especially the new ones entering the crypto space.
XRP now is in the process of a new normal like we are in the COVID-19 pandemic for the 2nd year. Like any other trading instruments, it is currently working and building for new resistance and support levels which is a good thing. Money is made from the price volatility, we just need to execute the right timing.
Meanwhile, these are the highlights in today's video:
Bitcoin entering 31st day of consolidating and strong technicals are suggesting a target of retest on its previous all-time-high.
Crypto total market cap has started stabilizing in the $2T mark.
XRP is continuing its bullish rally supported by an imminent Weekly Golden Cross pattern as long as buyers take full control and keeping up the pace.
I also layout XRP's some other key metrics in an image below:
Please watch my lengthy TA report in video version. I discuss everything for the intraday trading ahead:
https://youtu.be/ZlF3w7IOzFY
That is all for today.
Thanks a lot for reading and I wish you a good day ahead.
God bless!
My XRP Full Technical Report for April 12, 2021 - Silver Cross and Strong Weekly Retracement Levels
**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.**
Good Manic Monday to everybody especially to all my fellow XRP loves.
Today is another episode of technical reporting first goes to Bitcoin, crypto total market cap, and last but the greatest in my opinion, the XRP.
After a good weekend rally, XRP has somehow put into a cooling off mode but this does not mean that after creating a new multi-year record in yesterday's trading reaching as high as $1.50, it stops there, no.
I am seeing that there are still plenty of rooms for upsurge once buying volumes come again. We saw these type of volumes last weekend. In yesterday's technical report, I speculated a trading bound ranges as low as $1.20 for the downside and $1.50 for the upside. The latter was hit thankfully, but the downside only manage to hit a local low of $1.30.
Today's highlights include:
Bitcoin entering 30th day of tanking and poised to break previous ATH.
Total Crypto Market Cap is starting to stabilize in the $2T mark.
XRP looks so strong in the weekly charts in reference to its previous and only ATH's retracement levels which we can consider as major structures of supports and resistances.
Here are the 2 images that I have mentioned in today's TA report in video version:
XRP performed a strong Weekly Silver Cross supporting a more bullish action.
XRP is in the process of forming a bullish Weekly Cup and Handle pattern. Current price action tells us that we are now currently in the Handle part.
I have delivered every important key factors that I am seeing for this intraday. Watch my video in full here:
https://youtu.be/mgXk5lkKmuE
So that is all for today, I do hope you learn something new again. I will continue to work harder and harder as your XRP watchman.
More updates soon!
Thanks a lot and God bless!
My XRP Full Technical Report for April 11, 2021 - Micro Trading Speculative Bound Areas $1.20-$1.50
**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 happy and a blessed Sunday to you all! Especially to all XRP loves worldwide.
I am sure lots of you might have not sleep well or snorted heavily last night seeing how XRP surged like a wild beast so angry to break its 4th year bear market in yesterday's trading.
Personally, I am super bullish to XRP in the coming days ahead! There are no right words to describe how I feel for it technically looking all so strong plus fundamental news are overwhelming in Ripple company's favor. Soon US SEC will finally say the magic word that XRP lovers are waiting for so long.
A very epic weekend for the XRP! In fact guys, it keeps on breaking trends based on my chartings.
Some of the highlights that I gathered today:
Bitcoin targeting a new ATH at least $65K mark.
Crypto Total Market Cap breached the $2T pyschological price.
XRP's demand is steadily increasing. Though still down from previous and only ATH hence more supply to take.
I am seeing XRP intraday a close range bound trading between $1.20-1.50 levels.
I am also seeing XRP's trading volumes in similar structure during the epic November 2017 to January 2018 bull run.
As a closure, if buying volumes keep coming in for XRP, we might see a steady surging towards $2 first. A lot of supply zone above before re-testing XRP's only ATH.
In the downside talk, a lot of bid volumes already in place supporting XRP in case whales do nasty dips or extreme profit taking situations.
Watch the full technical video report here:
https://youtu.be/Bqn9AxrjXhw
That is all for today. Thanks a lot for reading until the end.
Keep an eye for more updates soon.
God bless and God speed all!
My XRP Full Technical Report for April 10, 2021 - Bullish Weekly Inverse Head & Shoulders Pattern
**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.**
I want to say hi first especially to my followers and avid supporters. I am doing all I can and best to deliver technical and fundamental analysis so that the rest of us are updated on daily basis.
Today is yet another good day to discuss the technicals starting with XRP, Bitcoin and down to the rest of the crypto market space.
Some of the highlights I mentioned in today's report:
Bitcoin enters 28 days in consolidation period.
Explaining Bitcoin's Crucial Halving Cycles that triggering alt season.
Crypto Market Cap is turning $1.90T cap into a new support region.
XRP is looking bullish on the weekly charts. Imminent Head and Shoulders pattern in play once bulls take full control.
I actually focused heavily on XRP's weekly chart after reading a very important update from one of the underdog crypto's best critics out there in my honest opinion, other than legendary trader himself, boss Peter Brandt.
He recently tweeted out about XRP from a technical standpoint some 16-17 hours ago.
Here's the complete tweet thread:
https://twitter.com/PeterLBrandt/status/1380490286560804866
To support his current claim, I scanned the weekly charts using Bitstamp's historical data and somehow looking pretty well.
You know, I am always reading other reliable news sources like the case of the legendary trader for the XRP and always look on the technicals side as well in order to have the overall picture for the cross-border crypto's future price speculation.
Read for more info:
https://u.today/legendary-trader-peter-brandt-claims-xrp-could-hit-new-all-time-high
Please watch the full and detailed report for today here on:
https://youtu.be/msjL7PzxJak
As a summary for today's technical report, if the bullish weekly inverse H&S in play, XRP could attain a new all time high!
Remember to read again my disclaimer above as a reminder.
Thank you for staying until the end of my article for today.
As always, stay safe and God bless us all!
My XRP Full Technical Report for April 9, 2021 - Entered 3rd Consolidation Day From Recent Year High
**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 to all XRP loves globally both the investors and traders alike!
Today is another great opportunity to track down not only XRP's price action but as well as the king Bitcoin and the rest of the crypto markets in general.
Actually a lot of technicals and other vital data are needed for a complete report if we mean for a more in-depth analysis but that will likely takes a lot of time and effort so I just take on those what I feel straight to the point aspects.
Some of the highlights to mention for today:
Bitcoin enters 27 days in consolidation period.
Crypto Market Cap broke $1.90T cap
XRP entered 3rd day of consolidation mode after recently hitting a new multi-year high
XRP is currently facing new resistance levels and as well as establishing new layer of support structures. On the volumes side, I am not seeing another pump and dump schemes due to the fact that XRP has clearly overwhelming sentiments from traders, investors and die-hard fanatics all over the world.
As you know I am very true to you according to the charts and I can't predict a new and high price but only interpret intraday or day-to-day action. We can only track the data as we don't have certainties in this type of markets.
To close this technical report, XRP's other key metrics are in balanced and steady holding its gains.
XRP longs and shorts in perfect harmony.
Its funding rates from high volume crypto exchanges are sitting in good numbers.
Also at the time of writing this article, XRP is holding its footing in the 4th spot just behind one place from Binance's BNB.
You can watch the full and detailed report here:
https://www.youtube.com/watch?v=7zkZp9CWJyM
Once again, thank you for all the support and stay updated for more soon!
Stay safe and God bless!
My XRP Full Technical Report for April 8, 2021 - Broken Multiple Year Resistances Except One
**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.**
Good day to everyone!
It has been a while since I have written a daily XRP technical analysis so today I finally decided to get back on track not only to help us decide our XRP trade or investment plans but also I feel like it is very important for us to get updated of what's going in the crypto markets in general.
So please enjoy and continue to read this article.
XRP managed to make a solid run from April month alone after finally broken the November 2020 to March 2021 triangle trend.
Volumes are back and surged convincing as the XRP redeemed its way back to the top 5 spot according to crypto total market cap rankings getting past on the heavy names like Cardano's ADA and Polkadot's DOT. In fact, if yesterday's crypto trading didn't correct, XRP could have been sitting now in the sweet top 3-4 spot where this very ranking was its place for years!
Meanwhile, XRP's volumes are back to normal and have already entered its 2nd day of consolidation period after recently hitting multi-year high at $1.11900 last April 6, 2021. But XRP fans, traders, and investors should have nothing to fret about as this is a good sign of more coming to XRP's road of redemption.
Market sentiments keep flowing into the XRP and soon good things come its way. For now we will observe and keep an eye on XRP on its way of establishing new resistances and supports.
To close my XRP daily technical report for day, I encourage you to watch my video for more in-depth analysis of what happened overnight:
https://youtu.be/HUElLDBOBLE
Please feel free to like and share comments down below.
I wish you a wonderful day ahead and God bless!
@rafaelken1989
