Previously we have done and dusted with 100% accuracy and exited the market at the very right time.
I am just trying to save the people from making the mistakes, that we did in 2018. You still don’t know what cheap altcoin is.
None of my tweets will be a financial advice
I will not DM you for premium join or money
Best of luck
Hey! Here we are back at it again with XRP! Here we are seeing how XRP has fallen below that horizontal sideways trading channel that it's been trading within and which I've had highlighted/noted. Before I start I just wanted to say that if you'd like a lot more of a detailed idea and explanation of how XRP is trading, you can feel free to read the linked related...
Two weeks ago, we analyzed in detail the possible scenarios of XRPUSDT price behavior.
There was a parsing of the XRPUSD price at different timeframes and a parsing of the XRPBTC pair and a warning about a possible strong drop in the Ripple price in general.
For those who are interested, we recommend re-reading our previous idea:
And today, let's break down...
In our last Ripple analysis, we managed to catch the recent short back down to the 0.50 level. We were anticipating a bounce but the entire crypto market took a massive dump, which forced us to step back and reanalyse.
We can now see the Flat Correction 3-3-5 much more clearly. We are now on the C wave which is made up of 5 subwaves. We are waiting for subwave 4...
XRP is the native cryptocurrency for products developed by Ripple Labs. Its products are used for payment settlement, asset exchange, and remittance systems that work more like SWIFT, a service for international money and security transfers used by a network of banks and financial intermediaries.
Today I will like to share this huge Bullish setup on XRP, if we recall earlier,price was holding within typical symmetrical triangle setups and price break this downward to begin massive Bullish setup, the setup discovered is called ASCENDING BROADENING WEDGE.
The chart is well explanatory and everything we need to make our trading decision are well...
XRP some converging trend lines. Running out of time for a W4 but could be reaching out for this channel median. it may pop up, and if it starts getting too big for the current wave 2 I may have to asses the degree, but this looks the cleanest from this angle. above .5 is suspicious for this count.
With Digital currencies I think its very important to always consider the big picture. The current weekly overview conveys to us where the price is and has been and gives us important context. XRP is still pointing to the down side but is nearing previous key demand areas that may give it a bounce. The patten drawn here is hypothetical of course but the levelks...
Seems like we are getting closer to seeing the Mother of all Pumps in 6 to 8 weeks.
Short-term downside risk to 60 Cents.
This analysis will be invalidated if a day candle open and close below the lower trendline.
Using the ascending channel that XRP has been respecting on resistance and support and also taking into consideration the Expanding Cycle Theory where each Bitcoin peak gets a little further out with time, maybe this could be a likely scenario for the XRP price. We are speculating of course and this may never happen or we could be wrong and XRP goes higher once...
Hi friends! Do you want to know what is the most common pattern on the crypto market? 📈False breakout is one of the main patterns of technical analysis. How do you apply it to XRP? Read the description for details!
✅What is the advantage of a false breakdown? This pattern is very easy to use. You need to mark a key level and wait for the price to break it and...