XRP Futures ( XRPUSDT ), H4 Potential for Bullish ContinuationTitle: XRP Futures ( XRPUSDT ), H4 Potential for Bullish Continuation
Type: Bullish Continuation
Resistance: 0.44329
Pivot: 0.36708
Support: 0.29693
Preferred case: Looking at the H4 chart, my overall bias for XRPUSDT is bullish due to the current price crossing above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect price to continue moving towards the overlap resistance at 0.44329.
Alternative scenario: Price may head back down to retest the pivot at 0.36708, where the 38.2% Fibonacci line is.
Fundamentals: There are no major news.
Xrp-usd
XRPUSD Potential for Bullish Rise| 19th January 2023Looking at the H4 chart , my overall bias for XRPUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market.
Looking for a pullback buy entry at 0.36901 , where the 38.2% Fibonacci line is. Stop loss will be at 0.30000, where the recent swing low is. Take profit will be at 0.44792, slightly above where the 61.8% Fibonacci line and overlap resistance is.
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Next Daily Chart Candle Will Decide the XRP TrendChart Pattern: Descending Triangle
The descending triangle is constructed with a flat support line and a downward-sloping resistance line and It usually gives us a STRONG BEARISH SIGNAL...!!!
e can see the beautiful descending triangle on the Daily chart time frame. The descending triangle is constructed with a flat support line and a downward-sloping resistance line and It usually gives us a STRONG BEARISH SIGNAL...!!! but we should wait for the next candle to break the support or resistance line and decide its trend.
RSI at all major time frames also indicates that the market has strong potential for fall, so I'm 90% sure that the upcoming trend will be bearish but again it is good to wait for a break out/down.
Out of range, LTC as risky business The long term trading range was broken already a while ago. Bottom of the rising wedge is now confirmed. For now staying on sidelines to observe further price action development. At the moment most of crypto assets look similar. It's a risky business until the channel is regained. For now I'm bearish.
XRPUSD 'D' - 40% Gain Incoming as Squeeze EndsXRP is currently closing in on the end of a very long descending triangle; there's going to be big movement along the path of least resistance here. With strong support on the underside that path looks to be upward, with the next level of resistance being after around a 40% rise or more.
Crypto Tipster v2 has just flagged a Buy signal on this one too and given the current technicals and chart analysis, we'd definately agree! :)
Circular Decomposition of Harmonic Pattern & 3:1 Long of CD LegThe long position in XRP is merely incidental. The emphasis is on using clean line work to discover areas where price is more likely to reverse.
In this example, which includes a bearish harmonic pattern , decreasing volatility is visible to the naked eye, even without the compression of the MA ribbon or the decreasing ATR.
Some unusual arrangement of pitchforks suggests that a lower time frame trend is breaking out and may retest diagonal support. If this occurs, a long entry presents itself, which would complete the CD Leg of the pattern and set up a Short at the D point.
Trading the CD Leg is NOT recommended because it often fails the test that comes at this level; the pattern is NOT considered confirmed until reaching point D. The incidental long shown here AWAITS the resolution of the test, as suggested by the S-Curve.
Fibonacci ratios are used not only to establish a potential action space for longer range forecasts but also to measure a profit target at point D, on the 1h chart. Although less obvious, but they are used also to estimate Trend Exhaustion (diagonals) and, hence, time.
In addition to more common elements of a Volume Spread Analysis, a series of overlapping VWAPs interacts with the action space implied by the Fibonacci ratios to reveal what might be described as the "grain" in the price history. Of especial importance is how certain VWAPs anchored to real-world events (as opposed to swing highs and lows, or opening bells) predict otherwise invisible volatility when either price or other VWAPs cross them.
💡Don't miss the great buy opportunity in XRPUSD @RippleTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.4673).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XRPUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
Take Profits:
TP1= @ 0.5077
TP2= @ 0.5289
TP3= @ 0.5495
TP4= @ 0.5872
TP5= @ 0.6148
SL= Break below S2
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💡Don't miss the great buy opportunity in XRPUSD @RippleTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.4673).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XRPUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
Take Profits:
TP1= @ 0.5077
TP2= @ 0.5289
TP3= @ 0.5495
TP4= @ 0.5872
TP5= @ 0.6148
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
The Case for XRP causing ripplesWhat's up Traders,
The Fundamentals of Ripple:
I'm not going to bore you with the business and use-case for 'Ripple' and their token (XRP) .
You can easily DYOR and form your own Opinions on the matter.
In short:
Ripple and XRP are currently being consulted with and used by a number of large United States and International Banks.
The Chart Technical's:
Ripple showing very BULLISH on the chart. If you know , you know. If you don't, just take my word for it. ;)
PS: Technical Analysis is not an exact science :D
The Alpha you're seeking:
Ripple token (XRP) was de-listed from US exchanges after the SEC filed suit, claiming that the token violated existing securities law.
-- Fast Forward to today --
SEC and XRP have concluded their arguments with the COURT and have asked the Judge to settle the case. By every account and my own interpretation of the proceedings Ripple is poised to win the case, which should enable the otken to be re-listed on exchanges in the US. The headline event itself will bear upside to the token price.
I also anticipate there is 'pent up' American demand. Those willing to 'dabble in crypto, but with less appetite for risk, have certainly shied away from the coin.
Taking on extra risk, you could see a large upside if the court rulings are favorable and I am correct in my analysis above.
My Strategy:
I am currently long XRP/USD targeting .55 as a short term milestone.
a buyer up until around 1.20 where i would re-analyze / TP / or / remain in the trade.
If the bullish scenario unfolds, i expect the coin to trade in excess of 1.50 within 2022.
Good Luck.
💡Don't miss the great buy opportunity in XRPUSD @RippleTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.3817).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XRPUSDT is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 77.
Take Profits:
TP1= @ 0.4080
TP2= @ 0.4314
TP3= @ 0.4615
TP4= @ 0.4924
TP5= @ 0.5339
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in XRPUSD @RippleTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.3817).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XRPUSDT is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 77.
Take Profits:
TP1= @ 0.4080
TP2= @ 0.4314
TP3= @ 0.4615
TP4= @ 0.4924
TP5= @ 0.5339
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
LITECOIN LTC USD Major Bullish Divergence = Breakout $3000Litecoin is really oversold and has been for a while now. On the weekly time frame there is major bullish divergence on the MACD that has been brewing for almost a year now. The last time this happened Litecoin had a move of about 600% up. The divergence has been in play for a long time and I believe this time we will see a massive move up like no other. I can see $3000 dollar Litecoin within a year maybe 2 at max. Exactly what kind of news will drive the price of Litecoin to make that type of gain in price and popularity but something huge is in the making ;) . Im buying as much as i can in this time, we wont see these prices in Litecoin again ever! This is not trading or financial advice. Thank you for looking, leave a comment and follow me if you find this content useful. Thank you
Bitcoin BTC USD FRACTALS WORK! Bitcoin will MELT YOUR FACE! FactBitcoin is just getting warmed up in my opinion. I mean look at the charts when you compare fractals (human psychology/emotion) which usually always plays out, you'll see compared to the S&P that Bitcoin is only in the second impulse wave on higher degree of trend. I see Bitcoin going absolutely berserk over these next few years. You will see 1 million dollar Bitcoin if not 2 Million within maybe 5 years. Most of the other crap coins will dissolve and vanish and money will flow into the real cryptos and projects that are actually worth a damn and have actual real world use. This is not financial advice just my opinion, comment below and let me know what you think and follow me for more analysis. Thank you for checking out my chart, good luck out there.