Title says it all. Not Advice We are NOT SHORT - Having looked a bit closer on our recent 0.50c call we think this name can overshoot to about 0.30c and a good entry point for longs on this long term call
I believe the price for XRP has (3) options. There could be more, but to me, these are the most likely outcomes.
UPCHANNEL - XRP price can respect the lower trend line of the channel here, and continue higher.
TRIANGLE - XRP price can move higher, but continue respecting the triangle in a corrective manner.
CORRECTIVE CHANNEL - As long as price remains...
Post SEC v. Ripple: Rapid move from bottom of channel to top due to full year of price suppression
Resolved Dates& PT's:
- By end of year: $6.32 (670% from $0.82)
- By April 1, 2022: $6.50 (690% from $0.82)
$6.50 XRP PT = mCap of $307 Billion with current circulating supply, placing Ripple's XRP token firmly in spot # 3 on CMC.
on Weekly Time frame we can see Five Impulse wave pattern is unfolding
It seems leading diagonal pattern is unfolding.
XRP is in Wave (V) and trend line of the previous wave I & III top is intersect near $5 for wave V
If it stay above $0.58 then we may see huge bull run for $5 in XRP.
As i mention XRP on Higher timeframe Correction is over near 0.58
Now 1st wave is completed and abc correction may complete near 0.69
Price action at 0.69 will give confirmation for next Bull cycle Target $1.40
The xrp chart looks fairly similar to that of bitcoin. As you can see the overall structure is bearish on the 4h. We had a strong push to the downside but bounced off the daily trend line at 0.75. We have since the pushed upwards where I believe we will see a retest of the breakout level 0.90. We have currently just had a double bottom form which is a bullish...
Based on Simple Technical Analysis ( Trendline + Support & Resistance )
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they...
If we could do measured moves on the log chart the same way we do on a linear chart then this pattern would be calling for a breakout target of around $700. That’s sounds way too extreme to me so I doubt you can apply the same measured move techniques from a linear chart to a log one. Would be happy to be proven wrong though. One thing I know is it’s gonna...
XRP / USD TA
If thought 2021 was a simulation with meme dog coins hitting billion dollar valuation, just wait until XRP gets to double/triple digit prices. That truly will blow you away!
Stay tuned for December-->January ;)
Who brought more? I know I sure did! Had a chart from SEPT earlier this year predicting the big pullback.... Now it's a slow bumpy ride up out of here. ETA of XRP rocket 5/1/22.
Little do they know the XRP army stands strong and thy are just allowing us to accumulate more of them ripples.... LOL Was lucky enough get in sub .60 over the weekend - now we wait....