CryptoColugo

CryptoColugo

6 years ago (in august) we dropped under the resistance zone marked in blue on the chart and couldn’t brake it. 6 years later we are coming close to this trend line with a new attempt. Maybe a coincidence that now in August we can brake it? After being in a range for so long the bullish breakout on this could be wild. And as we see on the chart, behind this...

CryptoColugo Updated 

Dear, In a bull market it is normal to see a 10, 20% pullback before the next impulsive wave. It is a normal level for XRP to reject for now because we came near the ATH. With the next test of ATH i believe we will move fast trough it. My personal target for this bull run is 13 dollar. It can go higher but i believe the market will be overbought. Currently...

CryptoColugo

For about 126 days we are just are in a ranging movement. We can see that we have for all that time declining volume, keep this mind when the volume start to rise. We are retesting the channel formation, perfect testing all moving averages and we tapped the golden ratio. New all time high is around the corner (i believe)

CryptoColugo

XRP is breaking the descending trendline with a inverse head and shoulder reversal pattern. If we manage to stay above this trendline i believe we will test the ATH soon.

CryptoColugo Updated 

A lot of fear happened in the market and a lot of people are out after this flush. I believe XRP is one of the better looking coins, most coins are trading near all time low while XRP is still trading around 2 dollars. What i mean is that once buyers get more confident that a bottom is formed, a lot of coins will see 100 or 200% to the upside. While most coins...

CryptoColugo

For the first time ever the BTC dominance chart is reaching a RSI level of more then 70! We hit major supply and i believe we will soon reject from this zone. BTC will move sideways and ALTCOINS will have there time to shine.

CryptoColugo

The falling wedge formation is getting tight, after a bullish break 0.40 will be the first target.

CryptoColugo Updated 

After a long bear market XRP is ready to make it's move to ATH and beyond! In the following charts it's clear that XRP is ready to move to new highs ==>

CryptoColugo Updated 

Support and resistance zones are the key in trading. As long as we can stay above 0.60, XRP remains bullish. We are coiling up for a big move. Last weeks we are just ranging, the price doesn’t move much so prepare for the move… I believe that once we can break the triangle formation and break the price of 1.20 we can see a new all time high. This triangle is...

CryptoColugo

We are moving for about a year sideways now and we finally broke the 6 year old downward trendline. The first arget will be around 1 dollar with a strong resistance, afterwards we can push towards 1.30. The SEC won't and can't stop this.

CryptoColugo

For everyone still holding XRP i have respect for you. This coin is consolidating for almost 7 years in this big pennant formation. As a investor this is a very stressfull situation. While other cryptos are moving to all time high this one is being stable. Brad made a new stable coin so now he has two of them. I think the main reason why XRP doesn't move much is...

CryptoColugo Updated 

I will give you a new XRP idea from the longer time frame zoomed in to the small time frame. This XRP on the 3 monthly timeframe. After a huge rally in 2017 we made a first wave and we started to consolidate, at first we don't know what will happen but when time goes on we create a pattern. In this case we created a huge triangle formation. In my opinion this...

CryptoColugo Updated 

Hello friends, XRP is dropping again but you can not change the market cycles. In the following charts I will give you my thoughts on xrp and why I think we can reach 4 dollar in a not to far future. First of all let’s check out data: From December 2013 till march 2017 we were trending down, that was about 1200 days. After that we saw a 35000 % rise! After...

CryptoColugo

Hello Friends, There might me a bullish pattern forming, a inverse head and shoulder. If we measure the length from the neckline to the bottom it's about 12%. If we project 12% after a break of the neckline it will bring us back to the highs of 0.72. Luck or technical analysis?

CryptoColugo Updated 

XRP is flirting with a very important support and resistance zone. If we look at previous data we touched the 0.60 line many times and many times we went up from here fast. A lot of people gave up on this coin because how it barely moves. But when it finally does it will pay off. Major zones 0.81 0.91 1.22

CryptoColugo

I think we will see a green weekend for the crypto market. Specially for ALTCOINS! After a break of the downward channel we are now testing support and are possible creating a bullish pattern, a inverse head and shoulder pattern. Have a good weekend.

CryptoColugo Updated 

This is the inverse XRPUSD chart so upside down. We broke a major triangle formation to the downside (bullish) and we are now retesting the broken support zone. XRP is still bullish and the short term targets are 0.81 and 0.91. We are in a bullmarket and dips are for buying. (IMO)

CryptoColugo Updated 

Let's take a look at the XRP chart starting with the monthly timeframe. We are forming a very tight range with lower highs and higher lows. If we can see a break of 0.75 we can reach following targets: 0.81 0.93 1.11 1.59