This giant XRPBTC wedge here, which has been in play since 2 1/2 years now, is about to break.
I think that initially XRPBTC will rally, but then BTCUSD will start pumping, prompting XRPBTC to dive again, and retest the previous resistance of the wedge, now become support.
Then at some point, around the time BTC will reach ATH levels in 2021, around 100-200K...
Another update for Ripple (XRPBTC)... We've seen these drawings before.
We have the classic falling wedge already displaying a bullish breakout with prices safely trading above EMA10.
The red and green arrows give away the whole story.
Just as prices dropped, they can also rise.
All targets are marked on the chart.
Additional targets can be found by zooming...
XRP/BTC - from the LS MASTER TRADING SYSTEM channel.
XRP looks like a decent entry here to us.
It can go lower, but still seems a nice well discounted place where to take a bag.
Possible take profits are in red in the chart.
Good Luck! :)
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XRP has been making lower lows for an extended period of time. It tried to break the cloud on the 4H a couple of times before ( purple squares ) but got rejected. Third time is a charm I guess since now it did manage to break through the cloud and R1 on the...
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XRPBTC breaking out of falling wedge with bullish divergence between price and RSI.
Pair is targeting 0.00002027 and then 0.0000212 with resistance at 0.00002045 to 0.00002048 at MA 50 and downtrend resistance.
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Do your own analysis before following my ideas
XRP seems to be forming a bottom formation after the long-term downtrend line breakout, on the 4-hours chart we can see a possible inverted head n shoulders pattern, Also XRP lost dominance compare to the other major coins, I think is time to recover some market cap.
See the inverted head n shoulders that...
We are looking at Ripple (XRPBTC) today on Poloniex to be able to see the full history/data... Prices recently hit/activated very strong/old support.
Normally when strong support is hit we either see a bounce or change of trend.
We can see that prices hit the same level hit back in 2014, 2015, 2016, and 2017 before the second XRPBTC bull run.
After this XRPBTC...
Here is another similar set up on a different smaller time frame. ANOTHER reason I am SUPER bullish
on XRP right now.
As you can see we have another falling wedge with the 5th and final wave in Elliot Waves complete.
There are also 2 bullish divergences on the RSI+MACD! Not to mention a few more hidden ones in the
The TD Sequential indicator just flashed...
What have we found here?!
In the 3 D chart we have a much larger falling wedge.
As of writing the price line seems to be making the
touch on the 3rd wave down. We are about to complete
the 3rd of 5 possible waves. As indicated by the yellow
price line breaking out of the wedge on the 4th wave.
Or there is a chance a bear trap will be set and price...
With XRP coming out of a 900+ days bear market and new bull run around the corner, the first impulse should be this 2020. Im anticipating BTC to out perform XRP which will lead to one last dip then resulting XRP to start its bull run. Of course nothing is promised, but I will use historical data to support my ideas and the global economic status with infinite QE.
XRPBTC has been getting shattered for over a year now.
This chart is the most similar thing i have seen yet.
This current consolidation is only found ONCE on the entire XRPBTC chart. I have shown the last time it did this and the result was a 6000% surge.
This should breakout very soon.
Time is REALLY ticking...
Lets GO XRP!!!
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