Today we will look at a possible scenario of XRPUSDT movement on a large time frame, as our previous short-term XRPUSD idea gained more popularity.
The previous idea, albeit with difficulties, nevertheless reached the target of $0.60 and even slightly higher.
Then a strong coin fall awaited us, the main trigger, of course, was the fall in BTC
The fall was...
It took only two days for buyers to start trying to build a growth trend again . The price of XRP quickly tested the range of $0.46-0.48 , which we wrote about in the previous idea :
Interestingly, the price of XRP began to rise on February 4, when BTC fell.
Looking at the volume of trades , the price is consolidating and buyers are not yet ready to...
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Below are the...
As you can see in the image, in the 3-day chart, the Diagonal pattern has been completed in the range of 653 and the uptrend has started, this is a very long ascending trend and its initial confirmation is that the price has crossed the range of 4264, which is at the end of the 4th wave.
After an unsuccessful attempt by buyers on January 10 to consolidate above the range of $0.36-0.38, the XRP market stopped consolidating.
A recent attempt by buyers to organize trend movement and consolidate above $0.31 failed. The critical point during this attack of buyers was the mark of $0.28 , which we wrote about in the previous idea :
The range of...
The initiative of buyers in the XRP market is in jeopardy. From December 30, buyers try to control the price of XRP without lowering it below the white trend line . Fixing prices above the range of $0.24-0.2 6 brought the XRP market back to life.
However, several unsuccessful attempts by buyers to break the $ 0.31 mark increase the likelihood of re-testing...
XRP is in wave 3 which will move over 0.49 then will pull back to 0.4370 and in this rate we get ready for wave 5 which will lead the market to 0.5860
All the waves are clear in the chart. in Wave 1, the subwave 5 didn't pass wave 3 and this wave made it complicated. I was planning to count wave 2 as the subwave 4 of wave 1 which was rejected because...
In this technical analysis I will walk you through a long set-up I found when charting XRP. There are a few important parts that I want to highlight on this chart.
I suggest a long position here on XRP as we see the entire crypto market trending upwards over the last few hours. Also, XRP is making higher lows and is about to break through a horizontal...
Despite the unpleasant situation in the BTC market yesterday, XRP buyers showed courage. Breaking the critical range $0,24-0,26 on January 6-7 gave XRP investors a signal for a probable growth of the coin. Confident control of the $0.24-0.26 range yesterday gave buyers another note of positivity.
In addition, yesterday sellers tested the critical range at ...
XRP is the gift that just keeps on giving! While others panic and sell, or attempt to hold through weeks of time hoping for better days after the SEC complaint, the technical traders like you and I have been profiting a lot from XRP.
In this technical analysis I show yet another 18% gain set-up based on the horizontal resistance and support that XRP has been...
Ripple is alive . A small consolidation in which sellers were completely exhausted gave the XRP market a chance for new heights.
The main achievement of XRP is the return of the $0.24-0.26 range . However, no less important fact is that buyers do not allow sellers to organize a deep correction. For example, a similar negative situation occurred in the XMR...
In this technical analysis I will share a trade set-up with you that many of you will have missed. The reason it is missed is because XRP is very volatile right now and lots of people focus too much on the bigger picture. They either worry about the SEC complaint or look at the chart way too zoomed out. In reality there are lots of fantastic short term...
We all realise now that it is very dangerous holding XRP long term, as its future is less certain than it has been before. However, big announcements and newsworthy events only happen once every so many months. The SEC complaint will also take a very long time to play out. Inbetween those events there is plenty of technical analysis that can be performed.
Bitcoin is showing immense strength and it clearly showing the the alt coin bulls the way. In full gallop it reached $33k.
Ethereum is struggling to keep up with papa bull Bitcoin and struggled to break the $775/800.
Litecoin same picture in the $140/145 range.
Ripple looks more like RIP still. A very bearish chart. The only hope are signals from Ripple or the SEC...
Given the recent negative developments in the XRP market , buyers have chosen a different tactic. Unlike most coins, which now show a steady rise in price, XRP is trying to gather strength to test the $0.35 mark. It was from this mark that the price collapse began in February 2020 and it took buyers a long time to break this level.
This mark prevents buyers...
XRPUSDT 1D-TIMEFRAME ANALYSIS✨
Hello ladies and gentlemen
This is my new idea for the Ripple
My idea is that the pair will go lower
broke down the daily support sells offs start
I hope my idea is clear
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