Will XRP repeat what BTC already did?BTC pumped from April to June for 13 weeks to almost it's ATH back to exactly the 0.61 Fib retracement.
I will attach the picture from BTC here below. :)
Will XRP and all the ALTS do the same?
If they would need also 13 weeks for that pump we could end directly in front of the BTC Halving. xDD
It would fit all so well. xD
Xrp-usd
$XRP $USD $XRPUSD Fears & Thoughts
Weekly
XRP's trend timeframe showing price remains in its downtrend with no weekly confirmation of a reversal just yet. Last time XRP was at this price we saw some consolidation take place for about 20+ weeks, mind you this was before the crypto "hype". Today we are at sitting at the same price. Stochastic RSI showing momentum starting to shift...
Daily
Shifting over to our pattern timeframe we see XRP broke resistance at $0.1980 and continued up to $0.2300 only to be rejected by our dynamic and major resistance. Price has now retraced to our previous resistance and testing for support. Our daily candles are showing some exhaustion from the bears, and this looks like it could be a turning point for XRP. Stochastic RSI showing momentum is in favor of the bears.
4Hour
Finally looking at the trigger timeframe we see price respecting a descending wedge pattern, Stochastic RSI showing momentum is starting to slow down. A 4hour close above $0.2050 and expect the momentum to push the price up to $0.2350, however, our charts show some potential support levels that may be tested. A 4hour close below $0.2025 and expect the price to continue retracing.
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XRP/USDXRP/USD
Green range is where I will buy. The red line below is where I will position my stop loss. XRP has broken below each of its original support levels. Because of this I expect XRP to enter the green range where XRP needs to hold its final level of support level. If this level is not held we can see a continuation of drop in the price of XRP.
"XRP (Ripple) on an important Support Zone" by ThinkingAntsOk4H Chart Explanation:
- Price broke the Descending Channel.
- Price is currently on an important Support Zone.
- If price bounces from here, it has potential to move up towards the Descending Trendline first and, then, towards the Resistance Zone.
Daily Chart Explanation:
Weekly Chart Explanation:
Updates coming soon!
$XRPUSD Short-Term Bears
Weekly
The higher timeframe shows a continuation of the downtrend, stochastic RSI showing momentum also in favor of bears. $0.2700 was also tested last week and held. A look at our smaller timeframe will show us our intraday analysis.
Daily
Shifting over to the pattern timeframe we see the price has formed a lower high at $0.2840 and XRP is now looking to continue towards the downside. Short-term support found at $0.2740, stochastic RSI showing momentum in complete favor of bears with no signs fo slowing down as well. Reminder crypto is a very volatile market and you should only use the higher timeframe for confirmations.
4Hour
Finally looking at the trigger timeframe we see the price has found support for the (3rd) time at $0.2740, however no confirmation just yet. Stochastic RSI showing momentum is still in favor of the bears with no signs of reversal. Expecting the price to continue falling towards $0.2560 before making its next move towards the upside A close above $0.2760 could be our first indicator towards the upside.
XRP Update So as you can see, the retest of this 0.30 resistance line is made evident. The only thing standing between XRP and the moon is the 0.30, 0.35, and 0.37 resistance lines. With a strong enough pumo, I have no doubt that there will be a positive outcome. However, increase in price due to the swell seems a little offset.
XRP/USD long on the Week timeframe (BULL RUN PUSH)Xrp price is sitting in a comfortable support point that is known to pivot in upward direction, also this is the price zone for institutional order flow is located.
where the whales are buying up the supply
one it retraces to .50 and blows through resistance XRP is know to moon to .68 then .76 then .86 levels and from there nothing will stop it from making a bigger move then the last run
XRP making its slow growthNo bias has changed for me. I am just sitting pretty with XRP and enjoying the ideas that could play out.
Nice hourly impulse back up off .22 could give us a nice INV head n shoulder pattern. Overall price is just staying around .25 cents bulls have no interest unless we are back in the .40 zone
until then I see little happening with XRP until we get a rocket on the daily timeframe.
This entire industry has so much to go. If you aren't patient you will hurt yourself in your trading. I believe we will reap the fruits of our labor in the coming decade. As I like to say, the gold is just beyond 2030.
We are getting to new points of growth and those players want their little discount as well.
Do you see XRP slowly going down until ALL supply is in circulation? A theory that was brought to me was this. Price continues to go lower and lower until ALL supply is out..then WAMMY we grow grow grow with little bearish possibilities thereafter.
Thats what I am looking for..the day we are fully in circulation with supply! Times will be slow until then. So I feel....
Oh the name of the game!