BICOIN CASH LOOKS FOR DAY TRADE GREEN
-XRP stays stagnant as ETH rockets to ATH -XRP has been forming a symmetrical triangle for nearly a month -Price needs to break $1.65 to see large bull move After an explosive move to $1.95, XRP has been consolidating within a triangle formation. XRP investors are awaiting a decision in the pending SEC lawsuit as gains have been small compared to large cap coin...
In my own analysis, XRP is one of the coins in which synced with BTC moves. I'd like to point out that these analyses are purely technical views, I am not perma-bull or perma-bear in Crypto or in any markets. XRP needs to complete its B waves retracement to create the equal or lower high before I would see the C wave retracement towards the 0,7-0,9 $ zone....
Xrp weekly pattern analysis. As you can see XRP finds supports around 0.78 and 0.6 fib in the previous pumps. Next pump around last week of may can push the price to $2, $3 and $4.
Helle dear traders, Everything is marked on chart! Please like and share. Thank you.
Hey hey my friends 👋 I had someone from group reach out about ETH Looks like we are almost to the top target here, to invalidate and possible rsi bearish divergence eth will need to close above 4k
after breaking the triangle, this can be the path of XRPUSDT.
we can buy now 1.51 TP and SL on chart
This bars pattern pasted is of course very speculative and based on the previous bull run Assuming the same rate of growth within a bull market this Fib channel may hold A minor trend has developed within the recent bull move in which I have sketched a parallel channel upward I hodl XRP
Ripple is currently completing its last corrective wave iv of 3. The end of wave (C) will also make a retest to the ascending channel from which price broke out. This retracement can be expected to be around 50% of the lower degree impulsive wave iii. Good buying price would be around $1.00/XRP, my target after this correction is $12
XRP needs to show us its true colors; slight pull back with a trigger (SEC suit dropped?) and it will moon. OR, it breaks down and we'll have to wait for a buying opportunity a lot lower.
As XRP was unable to break that line in green, we have to rearrange the big triangle. The coin is still looking for more fuel to go up. But, in the long term, we still believe in same destination: moon and beyond. But only if we break the big triangle to the upside, that's what we expect it's gonna happen soon. Enjoy the journey!
Back in my previous idea I mentioned $1.50 is a very strong support level On the daily chart we can see a long wick from history showing massive resistance. That resistance has now turned into a support and is respecting an upward trend based on the daily char as you can it is forming lower highs before the big push. We will be climbing up very slowly probably...
Hello traders, Here you see the 8 hours chart of Bitcoin . With a few possible scenarios. We have already seen 2 main shoulder formations in the past that failed. When an H-S pattern fails you very often get an aggressive counter-move. See the red arrows after the necklines were not broken after all. Currently we are develloping the formation of a possible...
Since the last ATH ($1.9), we saw a descending trend on xrp due to btc's correction. Fast forward to now, xrp broke out from the channel moving up to a rectangle with little swings then a breakout that resulted to higher high higher low in an ascending triangle. From here, we should see an uptrend (higher high) to the previous ath or perhaps retest of the previous...
- We will also begin to now post analysis of the ETH market, and compare it to BTC price action. - We are seeing a bearish crossover on moving averages on bigger timeframes and as outlined in our most recent analysis of XRP/BTC, we have seen the market depreciate significantly since. Even on ETH charts, the bearish divergence that is prominent on larger time...
A zoomed-in look at the downside bias for this pair on the Daily Timeframe. After reaching the Monthly (Dec 2017 / Jan 2018) candle bodies and reaching the Weekly Fibonacci Extensions, we have another Fibonacci in play aligning with our downside targets. The -61.8% Extension aligns up nicely with the Monthly (Dec 2020 / Jan 2021) candle bodies from the Monthly...