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Hello traders, I want share with you my opinion about Ripple. Observing the chart, we can see that the price a not long time ago started to rise in an upward channel, where it first made a fake breakout of 0.5825 level, which coincided with the buyer zone and then rebounded up to the resistance line of the channel. Then XRP rebounded from this line and made the...
The CRYPTOCAP:XRP cryptocurrency has once again captured the spotlight as its price soared to a new year-to-date high of $0.7440 on Monday, marking a significant milestone in its 2024 journey. However, this surge is not merely a result of market dynamics but is intricately tied to legal battles and technical indicators shaping the future trajectory of Ripple's...
XRPUSD followed relatively closely our structure last time we gave a long-term call (September 13 2023, see chart below), hitting our 0.56750 Target: We now zoom out on the 1W time-frame where the pattern becomes more clear. XRP is about to close a 1W candle above the 3rd Channel Up in a row. If it does, we expect a test of the upper Resistance Zone, similar...
In my opinion it could be an attractive position ------------------------
As we near the end of this bear market in crypto (in relation to #BTC 4 year cycles) The lack of liquidity has been evident for many months now, with wild swings in both directions. Which I have played to to make meaningful gains , if you have been following me on my ideas stream well done. (YOUR trade = YOUR Risk management) Lack of liquidity means lack of...
This idea is my long term xrp/usdt observation. It's not investment advice, but I've been following it here for about 3 years. When I see that it works well, I share it. It is my own opinion.
Before anything, pay attention to the time frame, the time frame is big and time consuming. Ripple seems to be in a symmetrical pattern that is now about to start its upward F wave. By keeping the green box, it can continue to pump in the coming days. The targets are clear on the picture. Closing a daily candle below the invalidation level will violate the...
Today's focus: XRP Pattern – Resistance Test Support – .5778 Resistance – .7265, .8200 Hi, traders; thanks for tuning in for today's update. Today, we are looking at XRP daily. So far today, we are seeing weaker prices after XRP surged back above 70 cents. Buyers once again look to be stalling at key resistance, which has been in place since July 2023. Will...
XRP breaking on daily RSI around 30 area, holding the strong support zone and trying to move upside. Trying this first spot trade on XRP! Grabbing some XRP in Spot Entry: $0.5352 SL: Daily close below $0.4962 (7% away) TP1: $0.6240 (15%) TP2: $0.6836 (27%) TP3: $0.9288 (75%) Daily timeframe might take a few weeks to months to play out! Trying to catch bottom...
my last Trade had a bad entry, in the end came through let's get in another time
Based on the transformation of the weekly Moving Average Convergence Divergence (MACD) into a bullish pattern and a significant likelihood of a breakout from the triangle formation, it is plausible to anticipate a substantial surge in XRP's price in the coming weeks. Technically speaking, the convergence of the MACD lines, specifically the crossover of the MACD...
Based on the provided market data, XRP is currently trading at $0.719 against USDT. The Relative Strength Index (RSI) for 4 hours, 1 day, and 7 days are 79.58, 79.16, and 66.86 respectively. These high RSI values suggest that XRP is currently in an overbought condition, which could be a signal of a potential price decrease in the short term. The Moving Average...
We posted a doge trade over a month ago which is linked below. In the community we had some comments about the trade failing and it gave us the opportunity to bring up the most important thing about our strategy - When you take a trade at a key level of significance, if that trade fails the asset should go to the next key level and another opportunity arises ...
Now, XRP lacks the momentum, however, it will change soon. Today, it again tested the key daily support at $0.593 and we saw a bullish rejection. It has to move to above $0.65-$0.675, the key daily resistance zone, for bulls to take control and move price to the previous local high at $0.93. A daily candle closure above $0.675 will result in a bullish rally...
◳◱ On the $XRP/ CRYPTOCAP:USDT chart, the Trend Reversal pattern suggests momentum building up for a significant move. Traders might observe resistance around 0.6715 | 0.7349 | 0.8648 and support near 0.5416 | 0.4751 | 0.3452. Entering trades at 0.6293 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: XRP ▣ Rank: 8 ▣ Exchanges:...
In this video, I aim to provide an overview of my observations regarding the approach toward a potential market peak. I'll offer some perspective by comparing the Dow Jones to the ASX (Australian Stock Market) and discuss the possibility of a significant downturn in global markets, comparable to a collapse. I'll outline various factors contributing to these...