Skip to main content

Ripple Broke another trendline

Ripple (XRP) broke the next bearish trend line and is rallying again to 1.3060$ . Now next real resistance will be around 2.30$ and it looks like there is a hot volatility in the market today and the market cap increased by 50 million dollars in just half hour.


We are still long until we close below 1.05$ and I am now certain 80% that we will not see that level again before we test the broken bullish trend line .

The pair is currently trading stably above the 200 SMA.

Popular posts from this blog

5 crypto Investments that will make you a fortune

After 3 month of research based on business model analysis , technical analysis , market sentiment and market trends , I have reached to a decision of making a portfolio of 5 crypto currencies that have a big potential during the next period. It is expected that initial investment will almost have 4x return atleast , which means if you invest 10k , you will have a potential of reaching 50k atleast , there are 2 tokens out of the 5 tokens have a potential for almost 25x return on initial investment. The coins belong to projects from 4 different industries, they are issued by very succesful companies and supported by famouse blockchain creators and advisors.  I will help you create a profitable portfolio and follow up on these investments with weekly updates which will guide you to make the right entry and exit points. Feel free to contact me anytime on twitter @b4borio or email me at boriology@gmail.com

Usd recovering against the board

The dollar has been regaining some strength since friday noon. Usdjpy has recovered 100 pips from 107.30¥ ...the pair might face some tough resistance at current area, however i think we might be heading towards 110.80¥ soon. Resistance area can be found at 108.40 followed by very tough resistance at 108.80¥. If broken , we will have clear way to break the medium term downtrend andstart building new bullish trend targeting a break above 115¥ in the medium term. I am on the side of that reversal scenario unless we see a decisive break below 106¥ on daily or weekly close.

archer aviation : Achr buy at 3$?

$achr weekly chart Trading at 50 and 100 WMA