XRP is prime for its bull time, the transparent blue price action projection is based on its previous movement coupled with Elliot wave theory and market geometry making a lot of sense I've constantly made small edits to this chart idea from nearly a year ago and i would say that its at its most accurate version at the moment. here's a pic of the entire chart for...
XRPUSDT bouncing every time touching 0.618 level, if this triangle doesn't close we can see an immiment bounce to 0.6 level the next few days. Timeframe :: 30m
Will we see a breakout to the top? Seems like longs are building up ... ...no trading advice!
Could this guide us to the next XRP bull run in the next few months? ...no trading advice!
This is not fanatic mumble-jumble price prediction. Price target regions are based on Fibonacci extensions from previous lows to new ATH's. This worked 100% from the beginning of XRP's life. To achieve these targets, a lot of things have to happen.But it's possible. Candle pattern is for entertainment purpose only. No dates are attached to targets.It could take...
Continuation of analysis- major testing of support at the moment, will be interesting to see if it holds. If so, mid to late March looks like a solid timeline for a breakout. If not? We'll see.
Observations: XRP/BTC was in a downtrend for some time, spent about 2 months in what looks like accumulation, broke out of that on high buying volume (that was very much a whale move disguised under the pretext of a 'buy the rumour sell the news' event) and is now trading in a range that mirrors the swing highs and lows of the original downtrend. Wild...
XRP's next play - we are at a pivotal point one last push up to complete the abc sub wave of B or B has completed and drop here.
XRP is following the pattern created in 2017 I had pointed to in previous videos, and I believe we just made our low yesterday which established the line of support moving upwards. I also looked at some intrabar analysis on the 1m which will determine if this is truly a H&S pattern we're looking at, or if this is simply a flag, and price pushes upwards over the...
A quick prediction this morning - I hope the support line holds and then we might see some sideways movement for a while.
So where next for XRP? Who wants to guess where we will be by the end of this year? answers on a postcard. My guess is back between .50-.60 somewhere.
Made another video synopsis of the past 36 hrs of XRP, saw the huge lift I had been calling for following the conclusion of the bearish move. Looking for support following this large parabolic push. Look for dips to buy into at this point. Let me know your thoughts, and good luck!
I think this is a plausible explanation for what we're seeing play out in current day, compared to similar conditions of 2017. I took a deeper look at some of the trends prevalent in 2017, and found similar comparisons to what is happening in real time. Let me know your thoughts.
Continuation on the previous idea. I believe the support coming from 2017 will come into play as we look at the next month, but will likely first drop 10% to .30 before that big push, and see .76 by sometime in January. This would match very well with the correlating 2017 pattern, and pave the way for a bullish 2019. Let me know your thoughts!
Let me know your thoughts. Seeing an indication of a turning point for XRP
I revisited the resistance for the previous bearish trend of 2017, and found something interesting (but also frustrating, because it means we have to wait a bit longer!) I modified the resistance to represent what someone would have seen around mid August, and noticed that the piercing of that bearish trend looks a LOT like what happened when we hit .75 last...