Everyone has seen XRP do some crazy things yesterday. Won't go into that in this analysis, but we can all agree that it's generally great news for crypto as a whole. In this analysis I want to take a look at the coming ~2 days and how I will approach XRP. There's a lot of volatility around this token, which is risky, but offers great opportunities. I'm patiently...
After drawing out the Fib and identifying that this has been the Wave A of a potential impulse. We can safely forecast that the price is going to correct to the 1.236/1.382 area. So a short has been opened.
If you opened longs in crypto last 48 hours, then this post for you personally! On Thursday afternoon, news came out that inspired optimism in entire crypto world! Ripple won the decision that XRP is not a security. The trial lasted for many years and news, with a superficial analysis, is positive BUT ... If you look at the POLONIEX:XRPUSDT chart globally,...
XRP formed a large W Formation. The last update I did was waiting for a breakout. We got the breakout and told you this would be a medium to long term trade. But this was unexpected. The price rallied to the first target and even higher. This was after a judge in the Southern District of New York ruled that it’s “not necessarily a security on its face....
XRP bulls are accumulating and signaling a potential breakout. Buyers have been consistently trying to breach the 0.5 resistance level, indicating a higher likelihood of it being broken soon. This accumulation is suggested by MT Pandora's Box. The bulls are now gearing up to surpass the 0.56 resistance range. If they succeed, the next targets could be 0.69 and...
Huge success for Ripple (XRPUSD) as following the favorable court ruling, the price smashed the 0.65000 target that we set on our analysis last month (see chart below), and broke aggressively above the (now former) Channel Up: We need to get to the 1W time-frame in order to understand more effectively the magnitude of this move. With the long Support of the...
XRP could fall towards a key support and could potentially reverse from here. We could see price bounce up to our take profit target. Entry: 0.6972 Why we like it: There is a pullback support that aligns with the 50.0% Fibonacci retracement level Stop Loss: 0.6102 Why we like it: There is a pullback support that aligns under the 61.8% Fibonacci retracement...
You can see xrpusd has been consolidating inside this brown symmetrical triangle since march. Odds favor this breaking upwards but I will await breakout confirmation. My guess is it will have a breakout target somewhere within the vicinity of 70 cents once it does break upward. *not financial advice*
The price is pulling back right now. I expect it to retrace to LTFS1 and then bounce from there. Therefore, a long is favorable from LTFS1 support. Next support is LTFS2 which is a bit stronger. In case the price retraces further, that would be another level to go long. However, as mentioned, I expect the price to bounce from LTFS1 itself. The target of the trade...
XRPUSD Fractal play out. Fractal taken from 2017. Roughly from February 2017 TO February 2018.
The recent developments in the cryptocurrency market, particularly the favorable court ruling for Ripple Labs, signal an optimistic start to a new altcoin season. With the federal judge ruling that some of Ripple's sales of the XRP token do not fully meet the definition of a securities offering, it instills confidence in the altcoin space. This ruling brings...
XRP coming months can raise and pump a little beat , just wait for the great moment and low level , in this char we have a shorts and long , basically ride the the XRP wave
Hello guys, Everything is explained on the chart for you like always. The price is currently under the resistance zone So two good points to buy are after a correction to 0.44 and after breakout the resistance and at pullback to 0.55 . The targets will be 0.68 and 0.90 . Observe the capital management and stop loss for any unforeseen event in the market. Good...
Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the XRP symbol. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Over the last few weeks I've made several analyses on BTC where I argued that a break out through 31k was just a matter of time. My previous one below. With the help of the EU approving a Bitcoin spot ETF and XRP not being a security, alts started pumping and Bitcoin followed suit. I think that this is the start of a new bullish phase. My target for the 2023...
Looks pretty straight forward to me. XRP to hit 0.49 cents resistance soon with a potential of a double bottom formation. If it breaks the neckline, the next resistance is also shown in the chart. The indicators are pretty bullish too: TLL RSI light up green, still needs some momentum. Money flow is over 0.10 Volume is picking up Furthermore; if SEC rules...
BINANCE:XRPUSDT is strengthening. The coin is setting up for a possible renewal of the global high, but at the same time, there are no prerequisites for a price exit from the channel right now. The price is testing the moving averages. After a false breakout or touch, there is a strong bullish reaction. BINANCE:XRPUSDT continues to recover. A "Flag"...
since the 2016-2017 fractal, we can see that it is repeating the same movement, added to the so-called stagflation that economists talk about, I can believe that the price will be sideways all this time, unless it approaches resistance and breakout or its support and let's also see a strong movement. Watch out for bankruptcy and buy/sell better stay out and watch out..