We've retested the support after initial break up from the downside, and I expect a little bit of action back upwards and still furthermore sideways action heading towards New Years. 55 cents averages before the pump!
XRP - Intraday - We look to Sell a break of 0.4968 (stop at 0.5168) There is no clear indication that the downward move is coming to an end. A break of the recent low at 0.4970 should result in a further move lower. Mixed but negative price action has resulted in consecutive, narrow-ranged, sideways trading days. Daily signals are bearish. The lack of...
💥 Thank you guys for joining in quick today, hope you ladies and gentlemen are doing alright, this won't take too long. 💥 following up from yesterday's idea we noted how XRP had exited from that descending channel however we failed to keep ahold of that 200 EMA thanks to low support with bears taking the lead as we fell through each horizontal level one by one...
The outlook for XRPUSD is under scrutiny, with a firm long-term bullish sentiment. A strategic analysis reveals key insights that we should consider for informed decisions. 📈 Long-Term Bullish Stance The long-term perspective on XRPUSD presents a bullish trajectory. This suggests potential opportunities for investors looking to profit on upward price...
XRP formed another bearish flag should we worry. XRP came up to levels before winning the SEC court case. Lets wait and see how it plays out, I am currently neutral on XRP until the overall trend is confirmed
XRP is looking to redistribute once again. Multiple demand tests at micro resistance have resulted in failures to rally while supply continues to build and predominate intra-range. Possible re mitigation of the selling climax may bring the price back down between .48 to .46 and perhaps even lower. But not before a potential bull trap (UTAD) to gather liquidity as...
Speculating how a bull run might play out for XRP... When you zoom out these large spikes really do look like repeating fractals. Rapid bursts followed by extended downward pressure which triggers the next burst.... kinda looks like it's due another soon. One other thing to notice about these is the increasing scale of them, specifically over the time axis... the...
XRP has performed worse than the cryptocurrency market over the past few days, erasing almost all gains of its latest leap. On a weekly timeframe, long-term support appears to have been taken over by the 200-week average (now $0.516). A fortnight ago, the sell-off stopped at the 50-week average ($0.457). Both curves are well above the multi-year uptrend line,...
A 'December to Remember' that will be hard to forget! This is what you will see! XRP ARMY
3 hours ago, Greyscale won in its case against the US SEC for attempting to block Greyscales efforts to establish a Bitcoin Spot ETF. However, even with this great news for the whole crypto space in general, especially because it sets a precedent that the SEC cannot block Bitcoin based ETF's from being created; the market's respond was morbid. Almost no...
🔥 As the title infers, this is simply a quick tune in, but thanks nonetheless for joining in real quick ladies and gentlemen, this won't take long. 🔥 Following up from yesterday's idea we can see the retracement that has followed that big rise up we had after the Grayscale lawsuit win against the SEC allowing for grayscale to file and apply for a Bitcoin ETF...
Falling Wedge complete with good structure, target .80 zone. - High risk of drawback to 0.63 after 0.80 zone is hit - This ties back to the Macro Structure, Wave E Triangle that is expected to play out before we see exponential upside targets.
If you were using margin or hold a leveraged position and got liquidated you will not like what I am about to write but what is happening now is actually good for this market. On a different note, if you are doing margin/leverage, then you are fully aware of the risk and know that the market can produce sudden and strong moves at all times, specially like what we...
☄️ This is an absolutely insane move! Welcome ladies and gentlemen, thanks for tuning in, we'll be quick. ☄️ Can't believe I was just writing up my TA for you guys when this happened, absolutely insane! It's like someone huge just bought into the market or something, even Bitcoin is up in the same fashion! ☄️ There's no news either that would make sense...
Elliott Waves: Key to Understanding Markets and Price Movements EW concept that has become a pivotal tool in the realm of technical analysis of financial markets and price movements. This theory, named after its creator Ralph Nelson Elliott, aims to uncover recurring patterns in market behavior and establish a structured framework for predicting future price...
🌊 Today's my first day off in what feels like a couple months so happy to be back, and sorry work just had be worn out and unable to post. I'm gonna see if I can get a laptop soon so that I'll be be able to post more idea's more frequent even from work. Anyway sorry for the delay, we're back today and thanks for tuning in ladies and gentlemen. 🌊 XRP's still been...
Trade Mark up Date: Aug 28, 2023 - Scissors Trade Trade setup: Identify a an engulfing candle stick ( Bullish engulfing or Bearish engulfing) on the 4Hr. Then grab your fib and place it from the top of the candle to the bottom of the candle. Next grab a white dotted ray and place it at the 50%. Make sure to delete the fib after identifying the 50% mark. Now we...
XRP looks to be setting up for a rerun of it's previous breakout pattern. If this pattern plays out similarly to the previous breakout that ran to around $1.89 then we could assume this move could easily take us to the same level or even greater. If the breakout pattern is fulfilled I expect $2.25 -$3.50 in the coming months.