The Psychedelic Paintings of Yu Maeda

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The psychedelic work of Yu Maeda mix creatures, shifting views, and touches of the artist’s expertise in graphic design. Born in Kumamoto, Japan, and at the moment based mostly in Southern California, the artist combines influences from the entire fields he’s touched, together with animation. A few of his extra symmetrical works resemble Tibetan Buddhist mandalas, whereas others tackle a extra portrait-style have a look at his monsters. Extra Supply hyperlink from WordPress https://ift.tt/2OkGLyn via IFTTT
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Ripple Price Analysis: XRP/USD Recovery Above $0.30 On the Cards

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Key Highlights

  • Ripple price is moving higher and it has settled above the $0.2800 and $0.2900 resistances against the US dollar.
  • Yesterday’s highlighted key bearish trend line is almost breached near $0.3020 on the hourly chart of the XRP/USD pair (data source from Kraken).
  • The pair is likely to gain momentum above the $0.3020 and $0.3080 levels in the near term.

Ripple price is gaining bullish momentum against the US Dollar and Bitcoin. XRP/USD could continue to move higher once it settles above $0.3020.

Ripple Price Trend

During the past two sessions, there were positive moves in Ripple price above the $0.2700 level against the US Dollar. The XRP/USD pair traded higher and broke the $0.2800 and $0.2900 resistance levels. It even settled above $0.2900 and the 100 hourly simple moving average. Moreover, there was a break above the 38.2% Fib retracement level of the last decline from the $0.3575 high to $0.2466 low.

The current price action indicates that ripple could continue to move higher above $0.3020. At present, yesterday’s highlighted key bearish trend line is almost breached near $0.3020 on the hourly chart of the XRP/USD pair. Moreover, the 50% Fib retracement level of the last decline from the $0.3575 high to $0.2466 low is at $0.3020. Therefore, the price is likely to accelerate higher once it settles above the $0.3020 resistance. The next hurdle for buyers is near $0.3150, which is the 61.8% Fib level. The final target for buyers could be $0.3300, which is the last swing high.

Looking at the chart, ripple is positioned nicely above the $0.2800 support for more gains. If there is a downside correction, the $0.2850 support and the 100 hourly SMA are likely to hold losses.

Looking at the technical indicators:

Hourly MACD – The MACD for XRP/USD is placed nicely in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is well above the 50 level and is moving higher.

Major Support Level – $0.2800

Major Resistance Level – $0.3020

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