π₯ Hey hey, hope everyone's having a chill night, wanted to come through with a quick late night post on XRP and our ascending channel. π₯ In the last idea we added this descending channel, that ended up pulling XRP down and hitting support at 0.492, I haven't added any horizontal levels so price is still adhering to the levels. So with everything that's...
Hi. BINANCE:XRPUSDT Today, I want to analyze XRP for you in a Weekly time frame so that we can have a mid-term view of XRP regarding the technical analysis. (Please βοΈrespectfullyβοΈshare if you have a different opinion from me or other analysts). XRP is testing the top of symmetrical triangle on weekly timeframe Up We Go if we manage to break upwardsπ...
Deciphering Ripple (XRP): Navigating a 6-Year Bull Pennant Towards Potential Upsurge In the realm of cryptocurrency, where price movements often resemble the ebbs and flows of the tide, Ripple (XRP) has emerged as a notable contender, navigating a six-year bull pennant formation that could herald significant price action in the near future. As the cryptocurrency...
π₯ Hi! Been a while and all but this month hasn't exactly been what I was expecting I'll admit. Been at work just about every single day this month and between that and being sick the past week I haven't been in the best state so big thanks to those of you that are here with me today. Means a lot and it feels good to be able to post again! π₯ Gonna do my best to...
The top looks like it's about to pop off on XRP, god knows when. Its been moving up a small channel for a while so the extreme price gains will come (if they do come) off a steady, seemingly reliable, bullish foundation. Based on that, I'd bet on it hitting the top of the channel again which would give you 30% if you get in now. However, since the bitcoin...
XRP has been known to historically lag behind the BTC breakouts. Thus we could expect XRP to gain a lot of traction and volume in the coming days. As the crypto space is highly bullish at the moment and the graph in its self seems bullish, we may see the funnel broke in the upwards direction. This would be XRPs first large move in this recent crypto ''pump''. As...
π₯ Been a pretty interesting week everything considered, Bitcoin managed to hit that $45,000 mark only to be hit with a flash crash following a rather innocuous article coming out on behalf of an author from Matrixport who gave their thoughts on why they think the SEC will reject a spot Bitcoin ETF once again which promptly spooked the market into a rather quick...
CRYPTOCAP:XRP currently in a falling channel of it's Cup and handle Pattern! Current Price: $0.63 A break out of the channel will lead to Neckline resistance (0.71-0.73) A break above neckline resistance will lead higher resistances: 0.81, 0.89, 0.97 If #Xrp cannot break above neckline resistance then expect a retest of previous supports!
XRP has been marching to the downside for weeks and it would seem there's no end in sight. Except that we're currently sitting on what *used* to be a resistance zone of $0.55-$0.57. RSI is around 40, Bitcoin could fall to $35,000, the million-dollar question is (hopefully literally): How do we trade this? If our only point of analysis is the bear channel, then...
XRP fractal comparisons, using the 21 and 100 Weekly Moving Averages, and RSI. XRP has been making lower highs since 2017, as shown by the white descending line. But at the same time it has been making higher lows since 2020, as shown by the blue ascending line. Creating a symmetrical triangle. This can either be bullish or bearish, depending which way it...
XRP is an interesting asset to watch, following it's crazy pump back in July of this year. XRP's price has been relentlessly swatted down from a Fair Value Gap Zone between $0.5371 and $0.5578. This Fair Value Gap was created all the way back in May of 2022 during the market-wide selloff. We can see very cleary that everytime XRP's price comes up into that...
π§ Been a busy weekend with work but we're off now so thought I'd share a short and simple idea, chart speaks for itself overall for the most part. And thanks for tuning in of course for a quick bit. π§ XRP has exited from that channel as we wrote about in the previous idea, since then we did indeed end up losing that 200 EMA and that sent us down to the...
π₯ I'm just gonna keep this idea quick, but thanks for joining me for a bit as always ladies and gentlemen. π₯ Don't want to keep this long so we'll just look at the facts right now. TA wise we've got this ascending channel that I've marked out now pointing out the support and resistance though we've still got that consolidation channel between 0.479 and 0.486....
#XRP Currently #XRP is in the range between 0.56$ (resistance) and 0.47$ (support) As the coin is in the downtrend, I would set limit orders to short from resistance levels (red lines) that you can see on the chart and would keep my shorts till very strong support levels (green lines on the chart) where I expect to see significant bounce. To be more clear:...
π Thanks for joining ladies and gentlemen! Gonna keep this idea simple but important! So tune in, and thank you for joining me for a few minutes of your day. π It's good to see that XRP has managed to pull up regaining that 200 EMA after what was some sideways trading with XRP managing to regain the 200 EMA for the 3rd time and get the confirmation traders...
π₯ You guys thought I wasn't gonna post today? Sike! Of course I made it! After all, you guys have made it this far enough with me tuning in everyday so thanks for the continued support as always. And sorry for the delay, been busy cleaning the house and helping out the family today but that never stops us, happy to be here and thank you for joining. π₯ This won't...
XRP / BTC β Weekly Performance Time Analysis A stark realization looking at this chart is just how long bear periods are for the XRP/BTC pair suggesting that you are better to hold BTC until a buy trigger event occurs for XRP. The POC is a vital area to watch (explained in the chart). If we find support above/on it, we have room for major upside as there is...
π Nothing crazy for you guys but we do have some interesting stuff so feel free to read and thanks for tuning in as usual ladies and gentlemen. π Before I get started on XRP just want to point out the fact that the general market is rallying overall with the bullish sentiment that the FED won't raise hikes coming the FED meeting which will is due to start...