Hi guys..its the latest analyze chart of #XRPUSDT in #4H time frame(folowers Requested analysis) .if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
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XRP had nice uptrend cycle, but I am quite sure, that XRP is at the end of some cycle, we have nice triangle as a 4th wave + RSI divergences, which very often shows, when the 5th wave is finished. First support is at 1,3 $, but then we will probably drop much deeper.
Ripple is in a great shape to form and repower his bullish patterns
this alt coin is in the watch list of majority of big investors and therefore its good to have a notable bag of it in your basket
either scenario 1 or 2 happens its going to be in the bulls favor in a month or so
just hold it if u have any of this alt coin!
this idea has the confirmation of...
XRP short play, XRP has perfectly responded to this count so far. Potential wave 5 top of wave 3 OR 5 targets on chart. Small boxes can be shorted with high leverage and tight stops and should at least provide some sort of reaction giving you the possibility to take profit and have a risk free trade.
The second target zone is bigger and has a smaller zone within...
There's two ways i see XRP as of now, the first is breaking up out of a huge resistance, i personally would not long just yet for this scenario. I will patiently wait for my bids at the prices around .71 and .75 to get filled.
The second way i see this is that XRP broke out of a parallel channel and is coming down for a retest, i will keep a close eye, if this is...
Lets see if the pictogram plays out this way, but XRP has been melting faces lately.
It broke out of a bull pennant and retested the trendline with a small bounce. Wouldn't take much to send this coin flying again.
the best situation for a long position:
daily Ichimoku show Ascending Trend, hourly candles also breaks-up the cloud
price was retraced and showed a good support
waiting for candle to close, if close price was about previous red candle, candle stick confirmation is Ok too and I will open the position
XRP braked free of the triangle created by two up and down trend lines and very quickly reached the first target of 1.5685$!
Along the way, the final target of this possible FLAG is around 1.85$ which I expect to reach after a probable pullback to broken channel at around 1.58$
After breaking the ascending triangle again, XRP will skyrocket and there is a big chance to reach $4 by the end of the month (even before). You all still have time to catch the train! Wait for the retest after breaking the triangle, and jump in asap.