XRP performed nicely during the last week. Considering the resistances and patterns, it should do more correction to 0.68 level for a while before the next bullish move:
Entry 1 - 0.00002489
Entry 2 - 0.00002200
TP1 - 0.00003900
TP2 - 0.00008400
Look at this chart. You dont even have to know anything about technical anallysis or anything. Just simply look at it. It have to go down if it is to have sustainable upward movement. You dont even have to look any indicators to know this is an overbought instrument right now.
Im not going to lie, im in love with xrp since i was fortunous enough to enter very...
XRP has been strugling since Feb 2018 with this Bitcoin resistance. It appears just about ready to take off, making the previous 2 week bull run look like a walk in the park.
If this plays out at current BTC pricing we are looking at XRP reaching $14-15 with a possible $19-22 in play!
This is a risky trade and not financial advice!
I am going to trade it!
If the scenario plays out where the SEC case is dismissed, XRP is re-listed on many exchanges that de-listed it (such as Coinbase), and XRP manages to gain additional uses and/or partnerships yet to be announced. If these things do not occur, this price action is unlikely. If the SEC case is lost or XRP does not regain access to many lost platforms, then it is...
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This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can...
There is clearly a congestion zone between 2600 and 2950 satoshi.
Either price will make a pause here and consolidate or we go straight to resistance.
If we surpass this zone we will go to 5300 sats (a projected price of 3.80 USD).
Either we stop here or we go to ATH.
Let's follow this closely.
It doesnt look too good. I sold all of my holdings last night and waiting to enter again. Because it seems price action need to cool down a bit. Also if you look at the daily chart it should definitly retrace before going upside. Daily chart shouting short me but i dont short crypto. Im not brave enough.
It seems that XRP broke the weekly falling wedge which is a huge bullish indicator.
Now we need to see if it closes above this trending line.
The volume is still keeping high which is a bullish indicator
RSI is about to get overbought ( at 70+ levels) on which we should pay attention.
STOP Loss: ~2650 Satoshi
Based on this simple chart, XRPBTC is trying to break a slant resistance.
Based on my beliefs, slant resistance lines are less significant than horizontal resistance lines. But, it is still resistance that XRPBTC will have to overcome, and it is there right now.
Once that is broken, XRPBTC must break 0.00004177. If it does that, it can go as high as...
XRP / BTC
i tried to make the chart as simple as possible
Xrp is looking very high now ofcourse
But if you ask me weat it can go higher or not
the answer is only chart
ripple just restored strong horizontal weekly + monthly support (green color)
I also spotted gaint falling wedge since 2018 (violet color) Xrp try to breakout this wedge
Note : we still...
I've added text to explain various parts of the chart. If there's any questions feel free to add them in the comments.
Having a look at the more recent XRP chart pattern (2017 onwards) rather than from 2014, I've noticed that XRP/BTC is in a very large descending wedge ready for breakout!
What do you think about this one?
It looks like Ripple vs Bitcoin (XRPBTC) is about to make a very strong bullish move.
We will see how it goes but we are aiming for 100% short-term... Pretty nice.
Leave a comment with your own views.
The real bottom for XRP (The XRP/BTC pair) is truly in.. The XRP/BTC pair has only been at the bottom of the logarithmic channel 2 other times in the past. We've bottomed out on the logarithmic chart, & will likely move towards the 0.236 fib extension for a 4x before we see some consolidation --> then the...
There is a massive bullish divergence on the weekly timeframe in the XRPBTC chart.
We can also see a quite similar fractal pattern to early 2017: Two fake outbreaks with subsequent dumps. In 2017 it was more benign that this time, but back then the timescale was also longer.
This was now amplified because of the commotion with the SEC.
But note how fascinating:...
A big hello to the XRP army out there! This chart is for you.
The chart speaks for itself. It is a direct comparison of the previous 2017 Megabull versus the current action and as you deduce, the setup is pretty much similar: XRPBTC is breaking out past the top of the blue falling wedge signaling a bull reversal of the entire bear market. Confirmation of this...