As we can see there are two important support zone around
1. is in current price that is around 0.8$ (trendline support)
2. previous daily resistance turn to support now and is 0.7$
and we are looking for rise and some targets and resistance ahead mentioned on chart with red trendline .
DISCLAIMER: ((trade based on your own decision ))
Ripple is proposing a massive XRP ledger upgrade that, according to the firm, could unleash decentralized finance (DeFi) and smart contracts throughout the larger XRP ecosystem while maintaining the efficiency of XRPL. According to David Schwartz, Ripple's chief technical officer, this will be accomplished through the use of federated sidechains.
The SEC claims...
I’m not a big fan of compounding positions but this might be too good to pass up. If the weekly closes without taping $0.75 I will probably short XRP again early next week.
The whole market looks trash from where I’m sitting, XRP is notorious for making very large wicks. The move down could happen very quickly and price could shoot up again very quickly. I’ll be...
Whole market is driven by Bitcoin and I'm pretty sure that we still have in front of us one spike to 28-30k before recovering to about 40-45k what should impact XRP. ( In reality XRP is a bit stronger from the structure perspective ).
The biggest probability for now seems to be test of blue like ( long term support ) and it should happen between 20-24'th of June....
XRPUSD Bearish H2, price continues from resistance 0.97029 towards 0.75000.
At this profile page, the shared analysis, ideas and also, the strategy of a chart belong to Khiwe with some being influenced. The technical set-ups are speculative, they are not guaranteed for accuracy or in completeness in the form of any content; -it is not to advice on...
In this Chart, you will see a Descending Broadening Wedge Pattern is forming on the XRP.
Meanwhile, BTC Dominance is rebound, I think this scenario would likely play out as the market will continue it's downwards momentum. While waiting BTC Dominance pullback for Bullish Scenario on XRP.
There is some target that I put on the chart, and let's see together about...
Currently XRP is sitting on the 3 year resistance that's turn into support which may retest again. My target on this long term forecast will be $7, 13, 22 & 34.
This is not a financial advise. Manage your own risk.
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For those who are unfamiliar Flare Networks (Flare.xyz is their website) is launching +/- two weeks from then end of June.
Flare is bring a trustless way to issue assets on the XRPL and is enabling smart contracts for non-turing complete blockchains!
From their launch, they are integrating XRP, LTC, XLM and DOGE. Many don't realize how huge this will be for...
We're at 5th wave.
Time analysis is bullish up to January.
Price analysis, if we can see May 2017 - Jan 2018, is likely to repeat the same movement.
We bought at 0.2-0.25
Targets: $24, $86, $190, $228
We HOLD up to JANUARY.