The importance of support and resistance of XRP:
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Due to the markets condition i expect XRP to touch the $0.32 support.
Looking forward to read your opinion about it.
As you can see in my analysis XRP is forming a SQUEEZING TRIANGLE and i love to see the formation. Lets see a Breakout with in the zone and we will see where the market goes, but I'm bullish on XRP , looking in our RSI we are in the oversold level, when the verdict of XRP goes on there side then 1USD is an easy target. Please like and share this idea if this help...
Ripple's (XRP) price is set to possibly print a new low by or over the weekend as another batch of dollar strength roils markets and makes every risk asset slip to the downside. With cryptocurrencies in the forefront of these headwinds, interest and buying power could wind down, opening room for bears to go in for the kill and possibly trigger new lows for 2022,...
***This does not constitute financial advice of any kind as I am not licensed for such opinions***
The markets selloff on a shocking CPI print, but this is to be expected. The real shock comes when you realize how far we have to fall. S&P, DXY, and Gold are covered.
The crypto markets may have their underbelly exposed to sunlight as an ominous development is set...
XRP BEAR Pennant is forming looking to go to the downside ($0.21).
XRP will need to retest the Double Bottom before breaking resistance.
(*SPECULATION!):
BTC is showing signs of decoupling from the BTC:NASDAQ Correlation and ALTCOIN may be in around AUGUST 2022
IMHO, 2023 looks to fit the narrative.
CRYPTO will hit the bear market, namely BTC. But...
LUNA2 is dead, the company and creator have fallen apart and are being investigated for the massive rug pull they just did. This project is going to disappear like Bitconnect cause everyone involved in the Terra Luna project will either go to jail or end up as fertilizer. Get out while its still worth dollars before it gets to 10 cents! This is not financial...
- As we can see XRP is consolidating, I believe we could see a break out below the $0.39 range and touch $0.24.
- Remember everyone to DOLLAR COST AVERAGE IN!
BTC BITCOIN USD I have been looking for fractals throughout the various markets and I have found another one that is really good. This is Netflix where I found the fractal showing the same expanded flat correction as Bitcoin just on a different time scale. The MACD is also very similar as well. I believe the BTC was just in a breather phase over this past year and...
BTC BITCOIN USD I did another fractal chart. I found a fractal from October 2017 that is almost identical to the current fractal except for its type of flat correction, either way they are both flat corrections. Flat corrections in an uptrend (this fractal is on the macro scale so we are in an uptrend) usually result in a violent fast move up after the...
in this chart you can see Ripple coin xrpusdt analysis and my view for long term projection,
so back to the chart and i'll explain you everything.
Xrpusdt current market rank #7 and it's fundamentally strong project,
We can clearly seen Xrp hold four years old support zone $0.10-15
Ripple ATH is $3.31$ Jan 2018,
After that we can see rejection from $3.31 level...
I would consider this pennant/triangle as an accumulation pattern.
Open position now or when it breaks from a triangle.
SL: 0.37
TP 1: 0.52
TP 2: 0.55
TP 3: 0.58
MONETARY UNIT MOE USD Is another one of those projects that I believe is a sleeper. The team is still working hard and getting things done. After such a huge rise in the last run meant a long drawn out correction. The correction I believe is over now. The massive Bull flag we are in now will give us a measured move up to about $2 dollars. Don't think its...
RVN RAVENCOIN USD Is looking great to me. The bottom is either in or one more test of the support line before the next explosion upwards. I can see at least $2 with this project. They are still working hard and fundamentals have only changed for the better since the last runs. I'm accumulating now. If support breaks and closes a daily below $.02 cents then...
BTC BITCOIN I enjoy finding different fractals in the market and I found one here on the daily for Bitcoin vs Microsoft. People are saying that this is a bear flag and I completely disagree. When everyone is bearish then you should be bullish! Good luck out there. This is not financial advice just my opinion and what I am doing. Thank you
Hi friends! Using data from the on-chain analysis you can see that large wallets accumulate LINK for the long term. What can help them to continue this? Of course the trap for the retail traders.
📊After the "good" news about the product development of the alts someone sell a lot of Link`s and retail traders buy it. the bars on the volume indicator are almost...
Hi friends! Is a bull trap possible and where to open a trade? Which scenario should you follow? In this idea about Ripple i`ll try to answer the questions.
📈On the chart, I've marked the trend line to which the price is squeezing. After the false breakout there was no deep pullback, which is positive for the bulls. But what else should we pay attention to? The...
