This is not financial advice, only what I see on the charts. If we look at the weekly chart of XRP, there is a huge Dragon formation formed, spanning over multiple years. Price action is now moving between a narrow space of support and resistance and at the low of the rising channel while Stoch SRI is getting closer to a bottom. Once it breaks resistance and...
XRP follow BTC like most of the alts. We will see side movements will Halving maybe a drop to mid 40's to liquidate some longs and trap shorts. Always DYOR. CRYPTOCAP:XRP
Ripple is positioned within an ascending channel. As observed, a minor downtrend line has been established within this channel. Considering the robust support at the bottom of the channel, should the downtrend line be breached, Ripple is likely to undergo a substantial increase. (All analyses will be updated) This analysis is informational, not financial...
here we have a harmonic pattern as wave M it made a rise and then the market made a hyper reaction to the 0.38 level so the pattern is working but still there is a chance for bearish market so its better to wait for a perfect pattern and avoid high risk trades so use triggers check out my bio for more free elliot waves analysis
xrp in daily time frame is making a diagonal pattern and also an M harmonic pattern too both can make the market rise its better to wait for a perfect pattern and avoid high risk trades so use triggers check out my bio for more free elliot waves analysis
According to the school of technical analysis, “The basic concept of underlying harmonic patterns is based on price/time movements that follow the symmetry of the Fibonacci ratio and its correlations in markets.” The issue with Harmonic Patterns is that harmonic pricing patterns need to exhibit movements of a specific size in order to indicate an accurate...
Recent Analysis Suggests a Wave D Scenario Since March 2021, Indicating a Potential Breakout from the Current Range. These Developments Hint at Possible Culmination of Wave 2 Correction, Marking the Onset of a Significant Bull Market in 2025, Following a Projected Major Correction in Stock Markets, Potentially Resulting in Lower Rates and Continued QE...
Watching and waiting for the incoming urge for XRP Accumulate before the train leaves station.
XRP with the kite lookalike pattern, it looks like a continuation move, so thiss is one to watch out for this season
• Ripple, in the weekly timeframe, has developed a triangular pattern, with the lower side acting as a robust support. • A break above the pattern's upper side would signal the start of a substantial price ascent. (All analyses will be updated) This analysis is informational, not financial advice.
Hello everyone, XRP is at the edge right now. If it cannot hold this dynamic support, then we can expect to see a sharp drop. In addition, OBV shows weakness, which makes the situation worse. Let's see how this support will act. Cheers! Mr. Cryptotracker
I first posted this XRP gaussian channel chart in November of 2023. I noticed a price pattern within the red portion of the gaussian channel. This pattern could provide a clue for when XRP will moon. More specifically, when XRP will top. The 2016 and 2020 BTC Halving Event both occurred within the gaussian channel when it was red. I pulled out the price pattern...
XRPUSD is almost oversold on the 1D technical outlook (RSI= 36.211, MACD = -0.013, ADX = 34.490) as it is under a LH trendline and trading inside a Channel Down since the November 6th 2023 High. This is an identical price action, also on RSI parameters, with October 2022 - February 2023. On March 21st 2023 the price crossed over the LH trendline aggressively and...
Cryptocurrency markets, which previously awaited the approval of a Bitcoin ETF, are now facing selling pressure attributed to factors affecting Bitcoin and the cryptocurrency market as a whole. The continuous withdrawal from the Grayscale Bitcoin fund and the exploitation of Bitcoin miners add to the worries and negative outlook. Although Bitcoin has been the...
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. XRP Zoomed out picture. 📚 👉As we mentioned before in our analysis, bulls took over after breaking above our rangy market and traded higher resulting a strong rejection of our massive support zone. 👉Meanwhile, from a...
Technical analysis is just a hypothesis, but with this strong market cap and ranking of 6, it has not grown and it is one of the most potential currencies. timeframe = monthly bitspamp
The last two times the gaussian channel flipped from red to green, xrp had parabolic rises. (orange arrows) This flipping from red to green also led to market cycle tops. (orange circle) Will this time be the same? Currently the channel has been red for the last 336 days, and we haven't reached bitcoin's halving event yet. Will the gaussian channel flip to...