$XRP is currently trading inside a pennant pattern waiting for a breakout while $BTC is trying to liquidate leveraged shorts setting at $38k before bleeding again with a -10% or more. $XRP's lawsuit with the SEC is so boring as they postpone the decision making. $BTC broke below the bear flag which is a very strong sell signal that will take alts to more than...
Monitoring price action prior to the conclusion of the SEC lawsuit with the company Ripple.
On the 1H chart, XRP seems to have formed a double top, close to the support area, a formation that indicates a bullish scenario. we are close to seeing a "W" type formation ... we are waiting for confirmation. The indicators do not seem to say anything, which shows a certain indecision of the market. On the 4 hour chart it looks like we are in an upward...
Ripple XRP bullish continuation? just my thoughts on where its likely to go from here
Ripple XRP bullish continuation? chart showing price to explode before may, weird how the chart lining up with the next major ripple court case date against the sec on 22nd 20022 just my thoughts on where its likely to go from here
(((Since I value your time, I always provide a concise summary - feel free to request more))) Fundamentally, I believe XRP is going well; the SEC was unable to provide sufficient documentation against Ripple. Also, as the price is rising, please use a laddering strategy to enter retracements.
Daily Timeframe Price has been Consolidating on the FIB level 0.382 for four days, the daily resistance @0.8763, with XRP having an on going case thus causing less volume of the coin being traded . H4 Timeframe The upward channel has been forming for the past week, From 29th - 31st candles have been consolidating on the trend line with no direction of...
Will we see the SEC settle with Ripple in April? Here is the rounded bottom update and some price targets on how I could see this playing out. We also have the weekly inverted head and shoulders target of about $1.50. If this plays out we could see new all time highs on XRP into May.
Contrary to popular public bias and opinion, I visualize and anticipate XRPUSD to stoop into the $0.40 price region. Adding in fundamentals of the SEC case not ending until near-November 2022; an explosive reaction is not expected until at-around-or after the SEC case is dismantled or completed. Technical, multiple indications present themselves to support the...
The latest development in the SEC v. Ripple case could be welcomed by the XRP Army as a positive sign. The regulator had cited a similar case that it had brought against blockchain content platform LBRY. In the said case, a New Hampshire magistrate judge ruled on the pleadings on unconnected “selective enforcement” defense. Ripple’s attorneys, however, argued...
XRP has had a very interesting previous week with beautiful price swings, large buys, positive SEC lawsuit news and it all builds a much stronger XRP than we've previously known. As XRP is building support and constructing a key level at ~0.76, this seems to be in preparation for an upcoming massive pump that might take XRP to above 1 USD, at least...
Hello everyone, XRP has been holding very well during these difficult times, recently Coinbase bought 40m XRP which make us think of how positive is the case with the SEC. A relist maybe? Potential inverted H&S pattern formed at 4H powered by buying volume, add to position after neckline breakout with volume.
XRP dominance has been slowly going down since the end of the 2017/2018 bull run. We can logically expect a large upthrust when the lawsuit ends this year.
It seems XRP reached its strong support area and it is defending it strongly. We just need to wait for the XRP vs SEC lawsuit on Feb 28. If it is not a security, then we might see an all time high this year. Looking forward to read your opinion about it.
Until Feb 28 i see XRP Ripple moving in this range of support and resistance. I just hope that the big wick wasn`t an insider selloff. Looking forward to read your opinion about it.
Bull flag analysis with several tiers of support and resistance for likely XRP movement over next couple of months.
The SEC has filed a Letter of Supplemental Authority in support of its Motion to Strike Ripple's Fair Notice Defense. The fair notice defense was filed in April, they've had plenty time to respond to it and now submit this as an after thought 10 months later whilst Ripple have incurred legal fees through out this 10 months to prepare case. Also what I find amusing...
XRP / USD TA Moment of truth has come for XRP, at least in short term. It's holding bye a thread here, and there's only one thing that can save it... SEC lawsuit dismissal which seems to be closer than ever and what would be the odds of it going away in Q1? Enjoy the show!