What gives it away, the XRP upcoming bullish wave, here is the long lower wick/shadow of the 2-Jan. candle.
The lower wick being this long clearly says that the bears tried hard to push prices down but everything was bought back up.
The day ended green and on top of that this candle marked a long term higher low.
Look back to 18-June 2022 vs 2-Jan.-2023.
The consolidation pattern is a secondary signal.
The lower wick being this long clearly says that the bears tried hard to push prices down but everything was bought back up.
The day ended green and on top of that this candle marked a long term higher low.
Look back to 18-June 2022 vs 2-Jan.-2023.
The consolidation pattern is a secondary signal.
- Cardano going ahead...
- DigiByte starts to recover...
- Ethereum Merge above EMA50...
- Binance Coin trading above EMA10/EMA21 with FUD still on...
All these are positive signals.
The entire cryptocurrency market will move up.
The first true relief in more than 5 months.
Namaste.
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