Wow, is this miniature copy paste made exactly the same way to deceive and we will now see a different outcome or will the rest of the fractal keep on playing out? Does this show markets are unpredictable or "drawn" ? Not a financial advice.
If this is a bullish triangle, then we will hardly see these price levels ever PS. Tricky triangles.. Hope, it will not become a wave B in a larger ABC ))) Then will test 0,30
Induction to the bottom side Might trap the sellers to sell And then have a major U-turn to the upside.
No fundamental reasons as to why because I dont follow this project nor this team but since I view XRP as a meme, this could rise fast. I like the chart and thats it. Will TP at $1.30 and $2 the bulk of the position and leave runners up to $3.8.
Based on previous priceaction on the weekly timeframe i think we will soon be ready for the long awaited XRP moonshot. This would fit perfectly with a resolution for the Ripple/XRP SEC lawsuit... hold tight my friends! hold .33$, clear and gain .75$ and 2$ ... new ATH incoming!
Looks like some H&S is forming. If it plays out we should buy the end of the Technical target and go back up. Use stoploss!!!
Key Support Area and Harmonic Pattern Formation: XRP/USDT is currently hovering around a crucial support zone, bolstered by the formation of an XABCD harmonic pattern. This pattern, coupled with the significant support level, suggests a potential reversal in the near term. Additionally, this area coincides with the 4-hour trendline, adding further confluence to...
XRP made a move this morning and now has broken out of the triangle AND also broke out of the double bottom. LFG XRP always the last to go and considering the altcoin market has been on a rip since October 2023, maybe we are close to takeoff.
Adding a red count in case we drop in an ending diagonal formation. The bottom trend line of a leading diagonal kept the price and bounced off of it. Lower lows are still posible. Xrp needs to push here if we wanna see the yellow (brick road) path.
We clearly see a breakdown from the prior Elliot Wavew counts. I must admit I was wrong with my optimism. Regardless, the breakdown does conform with many of the more prolonged timeline pressures for XRP (See ISO20022 SWIFT CBRP+ Timeline ). Regardless, this is a good thing. The opportunities to fill bags at these prices may never be seen once cross-border...
in this crypto bullmarket, bitcoin, eth, solana, even memecoins are making all time highs, everyone is happy, except XRP holders. What gives ? XRP certaintly has more value than a memcoin made by a troll on Solana right guys? In my humble opinion XRP has one more cycle to go before it's ready for takeoff. A lot of people are gonna be left out because they lost...
XRP trading in ascending triangle and looks like upside resistance very strong. break of this triangle will show where price wants to go. In my own experience triangle like on XRP usually breaks to downside. Anyway good luck guys in trading. Keep you risks meaningful, always set stop-loss to stop loss
I took sell as decline strongly on a daily local resistance. And XRPUSD look like forming downtrend on 4h time frame with We have support @ 0.611 and 0.58 this will be my target as a profit taken for now
Looking at these two banking tokens on a weekly line chart it is not hard to see that the price action pattern of both has been nearly identical. Using a log scale to measure the change in percentage we see they are topping and bottoming together but yet XRP is up nearly 2x over XLM. If we look at the first range xrp traded in at launch we see a lower double...
XRP has been stuck trading in the same price range for the last 5 years. The real question is has it established its fair market value range or has it been just supressed by its pending law suit with the SEC. Personally I tend to lean more twords the later and expect real price discovery to occur after a decision has been reached on their status as a security. ...
Today, I want to analyze XRP for you in a Weekly time frame so that we can have a mid-term view of XRP regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
The only way i can decipher this motive wave development to give us a retrace and entry of a lifetime. You do know XRP will melt faces. You cant catch it because its a 3 wave unpredictable monster. Here is our potential chance if the count is good and we arent actually watching a vertical accumulation. *Advanced ElliottWave rules. Leading diagonals can be...