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XRP/USDT UPDATE :-
XRP Breakout symmetrical triangle pattern in the daily timeframe.
Currently retesting the upper support according to the pattern we can...
XRP is the most hated and most loved coin on the crypto market, no doubt about it.
I personally like XRP, because transactions are extremely fast and super cheap, but the price action is another level!
But let's take a look at the weekly / 3D chart and do Elliott wave / chart patterns technical analysis.
As you can see there is a huge symmetrical triangle...
XRPBTC is testing a long-term resistance trend going back to its January 2018 high. Getting past resistance here would most likely lead to a very high volume breakout. Its daily RSI is currently at 70 which is very bullish territory. As long as BTC can find support here, we should see fireworks. Failure to breakout might mean XRP will revisit the bottom of the...
XRP weekly chart:
..even with the SEC smoke n mirror
garbage, we should look at the big picture here.
XRP must explode out of this bullish formation,
and when it does, look at the Fibonacci price
levels in the Gold Rectangles...Patience creates
generational wealth more than anything, and it
shows you what your made of. RSI bullish
Stoch RSI is bullish as well.
As for the rest of the cryptocurrency market, we are relatively bearish on XRP. Our view is based on several technical and fundamental factors. Technical factors are described lower in the text.
Meanwhile, fundamental factors include a strengthening dollar due to the FED's rising interest rates (which are likely to increase again during the current week),...
Hi Traders, Investors and Speculators 📉📈
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
FINALLY ! In his infamous “tacostand” wallet, Jed McCaleb ( founder of Ripple Labs ) has finally ceased selling all of his XRP holdings.
XRP can make a Double Zigzag Correction like most of the assets we are following.
The end of XRP Correction can be around 0.24$-0.23$ OR 0.152$-0.1$ (You can see these zones in my chart).
XRP Analyze ( XRPUSDT ) Timeframe Weekly ⏰ ( Log Scale )
🔅 Tip : When XRP breaks Resistance Zone 1 , or if I want to say better, When XRP can break the ...
- As you can see XRP has been supressed for 1,400 + days now, it still has not broken its ATH!
- It was the number one crypto in the previous BULLRUN!
- Its clear the SEC are just taking the piss, they have let ETH with a free pass even though they also had ICO's (INITIAL COIN OFFERING)
- The price would have been at around $5-15 easily if the SEC didn't stick...
Trade Idea: Buying XRP
Reasoning: Breaking above a key level, higher lows being put in, looking for a move higher
Entry Level: 0.3773
Take Profit Level: 0.3943
Stop Loss: 0.3710
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in...
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(XRPUSDT 1M Chart)
Whether or not it can rise above the HA-High indicator is the key.
We need to see if we can keep the price above...
XRP following suit, internal range BMS to the downside with price printing series of LH, for added confluence here id like .36 low raided before we see any retrace to the upside.
If we play out as above and print a lower high then we can look to short inside the ob .39 LO/NY KILLZONES would be prefered time of day will fit with the agenda.
For us to remain...
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Please also click "Like".
Have a good day.
(XRPUSDT 1W Chart)
Whether or not it can move higher than 0.4542 is crucial.
To do that, we need to see if we can support and move up around 0.3420.
The key is whether you can...
Based on technical factors there is a long position in :
🔵 Long Now 0.3634
🧯 Stop loss 0.3370
🏹 Target 1 0.3870
🏹 Target 2 0.4550
🏹 Target 3 0.5050
💸Capital : 1%
We hope it is profitable for you ❤️
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- As you can see XRP is following the old pattern however way more extended, so many people cant really see it.
- Please understand this chart and don't underestimate this crypto, if you invest properly and dont get emotional then you will do really well!
- NOT FINANCIAL ADVICE!
XRP can finally make an uptrend, we have a local descending channel on the daily chart, which is very close to a breakout!
As per my Elliott wave analysis, the ABC correction can be completed, so we there is a great chance for an uptrend.
On the RSI indicator we can spot a bullish divergence with higher lows.
We haven't retested the massive yellow...