As you can see from my accurate predictions drawn up since September 29th, we have one last chance of a big dip coming. This will end my predictions for this period.. and I expect a push to all time highs by mid-April.
May be one last chance to buy Xrp at under 55 cents... and ultimately last final calls for under $1 USD!!
Expect a pull back in a few days to 5 days time.
We've definitely had a clear break away from the structure of my predictions here but I still have further expectations that we'll run along with the trajectory of the downtrend in the long-term. Not that I'm not enjoying these green candles 🤩💲
54 days worth of predictions and this is where we're at so far. Drawn up on September 29th.
There is still a chance we could move up slightly in price.. before the overall direction heads back to the downside.
Everything's leading up to March next year where I believe we'll see the beginning of the new Xrp bullrun. It's coming! Get your binoculars out 🏴☠️
The recent selling pressure forced XRP prices below $0.5 on Tuesday. However, the trend remained bullish on the daily timeframe.
The structure was flipped bearish on the H4 due to the dip below $0.5, but it only showed a change in character and not structure.
Therefore using the 50% Fib retracement tool, an H1 session close below $0.517 and retest of the same...
XRP traded within a range from $0.44-$0.48 over the past two weeks
The recent breakdown below the lows was accompanied by an FVG (white)
Retest of range lows and a brief move into the FVG to hunt liquidity before reversal back toward $0.4 was a possibility.
Entry: $0.4437
Exit: $0.3974
Stop-loss: $0.4585
R:R- 3.16
This is my analysis and idea only. Do not take this as financial advice, and please do not base any trades based on this chart, or any content I post. These are my thoughts only. Operating in crypto is dangerous and can quickly stack up big losses. Always study, and do your due diligence.
So as I've stated in previous posts, you should have your stack of Xrp already bought up.. although this shouldn't prevent you from buying up more.
My forecasting has been relatively accurate since November 9th, rhyming quite nicely in this range.
This is most likely the last dip before a higher Xrp price where we will never see these prices ever again for Xrp....
I will enter a stop position on XRP at 0.3562
Three take profit targets at
0.3435 3.5%
0.3355 5.7%
0.3222 9.5%
Stop loss if 4hour candle closes above
0.3619 1.75%
This idea is supported by technical indicators
and by the btc trend which seems to have found a resistance aroun 21700$
since stop loss is at 1.75% i will use 3x leverage
risking around 5%...
1) History may repeat it self again! Look at the red circle XRP broke below the YELLOW SUPPORT LINE before it rose around 100,000% within 1 year!
2) You can see the Orange circles and the BLUE SUPPORT TREND LINE, XRP could hit those levels again before shooting up again!
3) Majority are always wrong, majority of people are BULLISH at the moment.....BUT when XRP...
Looks like it will be slicing through Sup and resistance!
Might be looking at a dead cat bounce first before heading to retest .85 Zone!
- Broke trend downward
- MacD is going into red on the hourly
- Under Ichi
XRPUSDT
According to the price channel that has a down guard after
The failure of price support will fall to the midline and
Then we see a little support and then again to
The fall itself continues
STRONG Technical Analysis on XRP/USDT $xrp
Strong Levels To Watch:
Support Level:
$.236, $.263, $.282, $.327, $.349, $.38, $.479
Resistance Level:
$.261, $.28,$.304, $.326, $.348, $3799
Recent XRP News:
Ripple donates $10M to Mercy Corps during annual Swell conference - During the annual Swell conference, Ripple announced a contribution of $10...
