Breakdown, retest down again now? All eyes on that 50 level if this also fails you better hope for a quick wick down to the 30s grab al liquidity because if this is not the case i think its doomtown all over again. On the side note: its xrp.. sentiment is at an all time low maybe it gives us a suprise
Bearish Triangle Pattern: XRP exhibits a decline within a symmetrical triangle pattern, hinting at a potential bearish breakdown. Support Zone Testing: The current price retracement is testing the triangle's support, possibly gearing up for a bullish cycle. Breakout Potential: Sustaining bullish momentum could lead to a breakout, targeting the $1 mark. Under...
This Week FORECAST Opportunity for XRPUSD. This setup trading idea is for intraday. >> TAYOR Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.
📉 Hi, sure you guys are busy and all so I'll keep this idea short and yet important as usual, thanks for tuning in of course. Really do appreciate it as always. 📉 Seems XRP has been dragged down alongside Bitcoin and the rest of the market in a sort of 'buy the rumors, sell the news' event. It's nothing crazy considering we've seen this happen many times before...
According to the school of technical analysis, “The basic concept of underlying harmonic patterns is based on price/time movements that follow the symmetry of the Fibonacci ratio and its correlations in markets.” The issue with Harmonic Patterns is that harmonic pricing patterns need to exhibit movements of a specific size in order to indicate an accurate...
Recent Analysis Suggests a Wave D Scenario Since March 2021, Indicating a Potential Breakout from the Current Range. These Developments Hint at Possible Culmination of Wave 2 Correction, Marking the Onset of a Significant Bull Market in 2025, Following a Projected Major Correction in Stock Markets, Potentially Resulting in Lower Rates and Continued QE...
Watching and waiting for the incoming urge for XRP Accumulate before the train leaves station.
I first posted this XRP gaussian channel chart in November of 2023. I noticed a price pattern within the red portion of the gaussian channel. This pattern could provide a clue for when XRP will moon. More specifically, when XRP will top. The 2016 and 2020 BTC Halving Event both occurred within the gaussian channel when it was red. I pulled out the price pattern...
XRPUSD is almost oversold on the 1D technical outlook (RSI= 36.211, MACD = -0.013, ADX = 34.490) as it is under a LH trendline and trading inside a Channel Down since the November 6th 2023 High. This is an identical price action, also on RSI parameters, with October 2022 - February 2023. On March 21st 2023 the price crossed over the LH trendline aggressively and...
Rising wedges often leads to bear breaks (: My personal target will be 0.80 if we can hold this zone.
Cryptocurrency markets, which previously awaited the approval of a Bitcoin ETF, are now facing selling pressure attributed to factors affecting Bitcoin and the cryptocurrency market as a whole. The continuous withdrawal from the Grayscale Bitcoin fund and the exploitation of Bitcoin miners add to the worries and negative outlook. Although Bitcoin has been the...
updated the lines not to be optimistic based on the goverment shutdown they avoided until march.
Technical analysis is just a hypothesis, but with this strong market cap and ranking of 6, it has not grown and it is one of the most potential currencies. timeframe = monthly bitspamp
The last two times the gaussian channel flipped from red to green, xrp had parabolic rises. (orange arrows) This flipping from red to green also led to market cycle tops. (orange circle) Will this time be the same? Currently the channel has been red for the last 336 days, and we haven't reached bitcoin's halving event yet. Will the gaussian channel flip to...
Just an idea, you can see Xrp went for $0.1665 to $0.5000 Then snapped back to $0.0085 before ripping up to $3.50 Always watching this coin because we all see it’s huge pontential, with BTC making a pattern to drop and black rock trying to control the market, I imagine we could see a sharp push up to collect, followed by a heavy retracement down before take...
Is it just me or is XRP holding up strong? XRP has steadily been grinding higher and higher since the lows in June 2022. Truly the chart speaks for itself. Let's take a look at the weekly time frame. The yellow overall fib from swing high to swing low has been playing out beautifully. The .236 level was resistance on multiple occasions(September 2022, October...
Notice the weekly stoch also the structure price has created. The reversal higher should be sharp and volatile i believe we will respect the cloud from low to high. Bitcoin already did XRP is ready.
I frequently watch various XRP videos where individuals predict a price surge, ranging from $10 (the "less" optimistic view) to $100 or even $1000. These predictions often come with fantastical explanations about why such increases will occur. However, the harsh reality contradicts these optimistic forecasts, as XRP hasn't shown significant movement during this...