Strong support at .59 broken, next strong support at .509. Looks like the pullback after impulse wave to me, not sure since im still not good at counting. If BTC closes below 28k, expect further retracement for xrp to .36. What are your thoughts? Not a financial advise, just a newbie trader sharing his ideas :))
An intense decline in XRP prices yesterday morning did not allow buyers to test the orange level of 0.700 USD. As a result of the pullback, the pair returned to the area of the 0.600 USD mark. Today, in the morning, buyers will try to test the upper border of the descending channel, but they will not be able to break through the red line of the down trend. At the...
The big short worked again. BTC should hold the $31,000-$31,300 area otherwise we will see more dump. BTC still in the trading range and we didn't get a breakout with good volume. The mid term to long term fundamentals still Bullish for Bitcoin. BTC need to break and hold above $42,000 to continue the rally. It's been more than 35 days of consolidation in same...
The volumes for the coin increased slightly, showing good dynamics. Breakout with the support of BTC and activity in the order book. If you liked my idea, follow me for more.
This is an even bullisher approach to the future of XRP. We are in a parallel channel. So it doesn’t seem to be an ending diagonal 5th Wave, but an expanded one. /
Decided to use a little math on this chart and found the bar distance between optimized buy (green vertical) and sell (red vertical) zones from historic price charts paired with understanding that XRP / USD breakout's occur when the price exists the 8/1 Gann Fann on 5/5 of the previous parabolic explosions. The distance between 2017 ATH and each separate bull run...
Xrp must hold this 0.60 or we can be pushing down in the .30-.40 territory! if we hold 0.60 we can resume to 0.75 - 0.85 then $1
IH&S patterns getting nuked and turning into M top patterns. Put this out in my group last night when ETH was at $1998 we sold and our buying the dip at $1760.00. Link in my bio ;)
Update on Ripple!!! After a long trade in the area, xrp fell 35%, broke through the $0.65 support level, gathered liquidity below the $0.52 level, and bounced back to the $0.65 level. The price has now squeezed near that resistance level. I think the price could break this resistance level and move up into the value area, I am now looking for entry...
Bitcoin loses grip on the middle of our decending channel as technicals flip bearish again as long as bitcoin remains below 35k we can expect a move down into 28k with extension to 26-25k Stoploss 35500
During Bitcoin's crash XRP lost two important support, Static and dynamic support was broken by a strong daily candle. Now we expect some weak uptrend up to previous support and then more fall. Good luck
It took 473 Days from the bottom to parabolic moves last market cycle. 473 days from bottom of this cycle puts us atJune 29. Fingers crossed for the fun to come!
In this Chart Analysis, I want to show you that this Rising Wedge Pattern is possibly formed in the 1H Timeframe, which could Indicate a potential bearish move if the price breakout the Support Line. This could also a sign for XRP retesting the Resistance level that have been breakout yesterday. If the price could hold above this level, we could see a good sign...
Looking for price to push to 0.75 to 0.85 range. Once at the target range we can expect a pull back. pay attention to the volatility, when xrp is moving fast you can expect a large pump similar to the last one. This could also be a shake out for all the shorts. as we approach 0.75 Look for good news. Good news will push us through the resistance bad news will...
Zoomed way out to get the full picture from 2013 to 2023 and beyond we see a definite channel. Dec 31/2020 XRP hit the bottom of it and has been going up since but look at where the top of that channel will put XRP by EOY & 2022! I've seen many analyst, that I follow and highly respect, with some VERY conservative numbers. Always good to err on the side of...
Here's a quick look at XRP 4 rh chart. As we can see, the price has formed a bigger falling wedge and we should see a breakout very soon! The best entry would be, when the price breaks above the triangle with good amount of volume . ------------------------------------------- The idea is: Buy the breakout from the triangle and take profits at the levels shown in...