This coin maybe a meme. I but the community around it is humble. I don’t see this one dusting into the wind anytime soon. Do only good everyday TradingView fam.
The price has formed a falling channel . 100 MA - support level , 50-200 MAs - resistance. You can try to open trades from the lower border of the channel with a stop loss below the channel border
CHoCH
dont counter trade
watch out for BTC
RIsk management
hope we catch the end and go reversal
hoping this materialze
thanks guys
hope you enjoy my idea
basic TA
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- XRP looks like it breaking to the downside, a global recession is on its way, hyper inflation, so much downside in the economy.
- When full blown utility comes into this crypto space which is going to happen by 2025, we will then see one of the biggest BULLRUNS of our lifetime!
- If we do see £0.16 XRP omg, you need to get at least 10,000 because as soon as...
XRP - Intraday - We look to Buy at 0.3021 (stop at 0.2939)
Support is located at 0.3000 and should stem dips to this area.
We look for a temporary move lower.
Short term momentum is bearish.
Our profit targets will be 0.3218 and 0.3288
Resistance: 0.3300 / 0.3400 / 0.3500
Support: 0.3200 / 0.3100 / 0.3000
XRP may break through the down trending resistance line during 2022, if the SEC lawsuit ends we could see a spike up to $2.1
As for points A & B
A is the bullish scenario ignoring the sec lawsuit with B being a more conservative price target & date
Understand that XRP could test $0.24 in the short term
XRPUSDT trade can be range bounded between 0.2-0.8 level. Short term Trade has good opportunities to boost up. for long term, trade will boost up from -161% Fib level.
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XRP seems to be completing a classic 7 wave capitulation structure. I learned of this structure from Blockchain Backer, who seems to have discovered this pattern on his own. It is not Elliott.
If true, the bottom for XRP is not in.
I post the chart below too.
I found a 7 wave capitulation structure playing out for XRP. This is not Elliott based. It is a pattern discovered by Blockchain Backer (BC).
In this chart, there is a double pattern. BC had mentioned that within the seventh wave itself, a complete mini 7 wave structure often forms. Which seems to be occurring for XRP. If so, the bottom is not in for XRP.
Ripple has announced the CBDC Innovate challenge, with a total prize pool of $197,000. The Ripple CBDC Innovate challenge seeks to inspire programmers to build applications capable of running on the XRP Ledger and supporting retail CBDCs, interoperability and financial inclusion. The deadline for the first batch of submissions is expected to be August...
XRPBTC is testing a long-term resistance trend going back to its January 2018 high. Getting past resistance here would most likely lead to a very high volume breakout. Its daily RSI is currently at 70 which is very bullish territory. As long as BTC can find support here, we should see fireworks. Failure to breakout might mean XRP will revisit the bottom of the...
Ripple maintained a downward momentum over the weekend but retained its spot above the $0.3500 support, indicating a decent bullish presence at that level. At the American session open today, XRP fell to the $0.3500 base, where it currently sits, amid a bearish open on Wall Street. Regardless, the price remained firmly atop this level thanks to solid support from...
