Almost 1500 days has passed since price action resistance became support. A resistance that was first defined back in May 2017. That resistance has now become support; this is significant.
On the above 10-day chart, following the break of resistance and oversold condition (orange column), there is a regular bullish divergence. This is a ‘incredible buy’...
It's time to look again at good old XRP, the historically most brutal coin to hold, and it again does confirm its reputation.
The price action of XRP has been really subpar compared to some other coins, that have already seen strong rises, in accordance to the rise of BTC to new all-time highs.
This is of course largely due to the SEC vs Ripple case, and the...
xrp/btc 1D Analiysis
5x to 10x
target:-80% to 90%
Remember: This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
The time cycles in the XRPBTC chart clearly shows that a big move is coming...
Ripple new partnership to join Defi, could be boosting factor to reach the targets.
As in previous cycles and chart data, i expect Ripple to cross its previous ATH again. But note that this move could take until December 2021
Target are marked in chart
Risk : Medium
Do not forget about...
One kiss, breakout and patient till the moon.
To start the rally, we need to get above 2900sat, after that we immeditially are going to 3900-4000sat where we have some supply zone, but i'll believe we'll get through that.
Than just wait for the targets.
TP1- 9800 sat
TP2- 17000 sat
TP3- Rule them all !
When i look to the XRPBTC chart i expect a huge move up. We are almost reaching major resistance, about 15% away.
If we can break this zone i expect us to move to the targets on the chart. Every time we found support on the rising trendline we saw a huge rally!
Once we set a new high on this chart i expect us to pullback once more to that support!
Here are some of the basics of Elliot Wave Theory. Elliot waves are what makes me money. A lot of people don't use them because they are typically hard to count, and people give up when things go the wrong way.
Every wave always has its own set of 5 subwaves. When you finish a full set of 5 big waves, it now becomes ONE large wave.
1) For EVERY wave,...
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!
XRP has growing momentum, moneyflow and is breaking out of a 3 year downtrend in the XRP/BTC pair, this combined with the XRP lawsuit being in favor of XRP currently. We could see a massive rally in the coming months if this breakout occurs combined with perhaps the victory of the lawsuit.
XRP forming a big shoulder head shoulder in weekly timeframe and big news are incoming in the next weeks to months.
Don't missing XRP in your big radar. XRP will make a big explosion soon!!! As I'm more enfocous in Cardano. I will take XRP in my eyes in my radar.
I don't hold XRP, but one thing that I thinking it's bought XRP or just use part of my Cardano to...
#XRP broke out the long term resistance and take its time to confirm it as support, now can increase 200% - 300% from here.
and if price break out and close a weekly candle above 0.000091 sats it will touch the moon 🚀😉🧘🏻♀️
are you ready?!!
XRP has a similar chart structure to DOGEBTC
The major similarity is that the price is range bound, meaning, price has been stuck in a limited area (squeezed) area for the majority of its existence
This 'bound' nature, builds tension as each day passes, influencing the probability of a breakout out of this range
Some things however are not similar,
As on DOGEBTC...