hello traders so after doing a quick analysis on XRP it appears that it might gain 30-40% in the upcoming days / weeks . - the price formed a classic reversal bullish pattern : a double bottom on a key level . - the price broke the neckline of the double bottom violently and it appears that it went down to do some retesting . - if the price manages to break...
We've retested the support after initial break up from the downside, and I expect a little bit of action back upwards and still furthermore sideways action heading towards New Years. 55 cents averages before the pump!
A 'December to Remember' that will be hard to forget! This is what you will see! XRP ARMY
Elliott Waves: Key to Understanding Markets and Price Movements EW concept that has become a pivotal tool in the realm of technical analysis of financial markets and price movements. This theory, named after its creator Ralph Nelson Elliott, aims to uncover recurring patterns in market behavior and establish a structured framework for predicting future price...
XRP looks to be setting up for a rerun of it's previous breakout pattern. If this pattern plays out similarly to the previous breakout that ran to around $1.89 then we could assume this move could easily take us to the same level or even greater. If the breakout pattern is fulfilled I expect $2.25 -$3.50 in the coming months.
We should see a move to the upside in the coming days. There's still room for a minor draw down before a break out of this wedge. I'd then expect more sideways action after a small pump and more bleed outs leading to New Years. Ups and downs from here on but getting stricter within this range.
The Resistance Level : After being broken through, it doesn't hold much merit anymore. However, it should still be used as a sign of possible support in the future, but as of now it still shows signs of resistance, so it's safe to say that this is still an important level and we should be keeping our eyes on this one. 50 Day MA: The 50 Day MA has shows good...
**A friend asked me if I think there is any hope for XRP to go up. I am presenting this analysis to my dear friend. The reason for the validity of this analysis is the Ichimoku cloud gap method, which has a very high accuracy. Therefore, the long-term first profit margin of XRP is $1.35 (of course, as I mentioned in previous analyzes with respect to the Gan...
XRP came to a zone that last time worked as resistance And also worked as support at the beginning of 2022 and in the middle of 2021 We see that the price has broken through 50 daily MA, but if you look at how we close the day ,with a big shadow, we can assume that in this zone there will be a buyer's interest that will keep the price We also see climactic volumes...
In the previous analysis (), we predicted this price drop, and now according to the status of the chart, it seems that the price has reached a valid support range. Considering the price range of 57 cents as the stop loss, the specified price targets will be on point. DYOR
The image itself is explanatory. Setup for $1 & beyond! We have a March 2024 deadline approaching and currently Xrp can never drop below 0.43 cents again. What a BEAUTIFUL launchpad being created! So there's very little movement for Xrp to the downside. We're talking 0.20 cents max! But looking damn bullish to the UPSIDE!!! Oh yeah 😎 😏 😁 📈 Downside VS UPSIDE.....
#Xrp should go down to retest 0.55 level and then it should start pumping following blue arrow. Below the red trend line is risk.
Welcome . Ripple currency. You have reached an important area. There is a high possibility of upside. Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
XRP is strong. According to the FibDiv strategy, we came to the buy zone, and we came to the buying level (0.59). Now is the accumulation phase, divergences are forming and sharp price rebounds are likely.
The XRP chart is shaping up to be quite intriguing following the massive breakout from the weekly accumulation period. So, what's next on the horizon? The charts are indicating that now might be an excellent time to consider re-entering this pair. The colossal breakout not only breached the Monthly SUPPLY/SELL zone that was formed last year but also underwent its...
XRP price today is $0.39 with a 24hour trading volume of 1.2 billion dollar. XRP price is up 1% in the last 24 hours and 11% since last week In the daily timeframe, the price formed an ascending price channel pattern, and after being supported by the lower trendline, it started moving upward. However, the $0.4 resistance level has paused the rally for now,...
Excitingly, XRP's price action reveals a powerful combination of bullish patterns: the inverse head and shoulders and a confirmed double bottom on the one-hour timeframe. This alignment indicates a potential shift from bearish to bullish sentiment, signaling a promising breakout ahead. With the short-term target set at approximately $0.75, traders are on high...