AlanSantana

✴️ XRP Resumes Growing, Everything Bullish Again!

לונג
KUCOIN:XRPUSDT   XRP / Tether
We have been bullish on XRPUSDT for a long while... Ever since the bullish bias was fully confirmed we stopped sharing updates and focused on the smaller Altcoins as it was just too obvious that we are entering a phase of higher highs and higher lows.

XRPUSDT peaked 23-January.
3-March a higher low was hit on a DragonFly Doji that activated the 0.618 Fib. retracement level.

This is the golden ratio of the Fibonacci sequence and a most important level for Cryptocurrency as a whole.

Each time this level is hit in a bull market, we can expect corrections to end, here this is likely the case.

Today's candle is pushing XRPUSDT above EMA10, EMA50, EMA100 and MA200.

The MACD is showing a bullish cross and the RSI has gone bullish.

All these signals are pointing to higher prices.

From 23-Jan. to 3-Mar. is also a long time for a correction after the initial breakout takes place.

We have many signals supporting the bulls.

It is what it is...

We go up, retrace/correct for a few weeks, then higher it goes.
Rinse and repeat for years to come.

I love you!

Namaste.

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