XRP/BTC is looking bullish. We just had an 18 month trendline resistance broken. One that held us down all the way from May last year. you know what they say, the longer the base, the higher into space!
this thing is gonna rip. We just had a good sign of strength breakout with high volume.
On top of this breakout we have more confluences of strength as the pair is holding above a critical level the 200 week moving average. It held us down for the last year but now we are finally above.
Macd crossing looks great
One key thing is that if you look at the btc dominance chart it is teetering around its multi year support level. I think it is going to crack and breakdown leading to an alt season and xrp finally having its turn.
Give a follow if you like my analysis!
this thing is gonna rip. We just had a good sign of strength breakout with high volume.
On top of this breakout we have more confluences of strength as the pair is holding above a critical level the 200 week moving average. It held us down for the last year but now we are finally above.
Macd crossing looks great
One key thing is that if you look at the btc dominance chart it is teetering around its multi year support level. I think it is going to crack and breakdown leading to an alt season and xrp finally having its turn.
Give a follow if you like my analysis!