Ripple is going to complete an head and shoulder that will push price down a last time to touch long term support trendline
This will be a good entry point to catch the long waited upside move
Hello, dear friends!
Ripple (XRP) has been forming a massive triangle pattern since 2018, indicating a potential breakout to the upside towards the $2-3 level. This makes holding Ripple in your portfolio particularly relevant.
The prolonged consolidation period reflected in Ripple's price chart suggests a significant accumulation of market forces. This triangle...
Understanding opportunity cost is crucial for any type of trader, including those interested in XRP/USD. It refers to the potential return you sacrifice by choosing one investment over another. Here's how risk tolerance, time horizons, and opportunity cost play out in different trading styles:
1. Day Trader (Short-Term, High Risk Tolerance):
Focus: Day traders...
Key Points:
The SEC has said that Ripple should pay close to $2 billion in fines for selling XRP to institutional investors.
Ripple has argued that that figure should be closer to $10 million.
The SEC and Ripple have been battling in court for years after the SEC accused the firm of raising $1.3 billion through the sale of XRP, which it says is an unregistered security
📉 Hey hey, been a couple days since the last idea, wanted to make a quick follow up and take a look at what's going on and happened since our last post. As always thanks for being here and coming by, I really appreciate you guys of course.
📉 In the last idea we pointed out this resistance at that 0.534 level where we had already seen two rejections and we we're...
Positive news regarding #xrp will not drive the price up for now
Rumours that #RIPPLE Could Launch Its USD-Backed Stablecoin In June This Year #XRP and current positive FUD regarding XRP remind people about the coin potential
If this bull market has not been finished yet (and I think so) something really interesting may happen to the #XRP
Let me know in the...
Analysis by: EZ7strategy 🎖
📊In these patterns in the chart, the long-term trendline, which we are waiting for a failure to climb, and next to it, the buying areas that have places to be touched at any moment, which is consistent with the end of the second leg of the second move.
🎯Please exit according to the targets and stop loss must be placed.
Primary entry:...
I wrote most of what you should know on the actual chart. And if anyone wants to know, I've been studying this asset class for 5 years now, specifically focused on XRP and Ripple. I've studied central banking for the past decade, and I have a pretty good idea of how they operate. XRP is definitely useful to them. It will have a high value. This is not financial advice.
Main trend (part). Logarithmic chart. Timeframe 1 week. Triangle zone.
Coinmarketcap: XRP
Same parameters, but on a line chart.
The whole main trend. Timeframe 1 month.
XRP/USD Main trend
