XRP is going through a very healthy downtrend channel. Unlike most of the coins in this market such as Bitcoin and Ethereum, It hasn't formed a very strong bearish flag or pattern. But it doesn't mean that it's gonna pump or anything because honestly, everything depends on Bitcoin's decision right now which is a whole different topic to talk about: Overall,...
As per my recent update BTCD is moving up in 5 wave patterns impulsivly on the hourly TF trying to finish the C wave, BTCD has changed multiple times vs BTC & Alts. Sometimes BTCD rises with BTC & Alts other times BTCD rises and causes major crashes (ie china dump) The current dynamic is BTCD up everything up I expect that at some point between the finish of the...
We are charging towards the vertex of this descending channel (a bullish reversal pattern). If you zoom in, you will see we have formed what appears to be a bull flag with a target that puts us at a closing price above the 20 EMA. If it plays out, this will be the first time we have a definitive close above the 20 EMA since 26 April. Unlike many other chart...
In our last XRP analysis, we had a sell set up from the 0.78 level where we indicated that price may break and retest that level before moving lower. Price did exactly as we anticipated and it dropped over 30%! Now we are approaching the support of the parallel channel where we may see a bounce. We have 3 key areas we are looking at. Descending Trendline We...
Support at PT .3658 should pivot off support soon and reach PT 1.70 and higher
XRP USDT analysis short term levels for scalping
Disclaimer : Not Financial Advice. This is just for entertainment and personal opinion. Good luck!!!
First we dump and then we will see the falling wedge break out. Targets above 1.40$ ;)
Just maybe, if XRP breaks 0.69 with strength, it can start a reversal trend. Let's see how it plays...
Just a update on my last post on the "ascending triangle" As you see it broke to the downside but it also broke 2 other major support areas, you can see it all on the chart thu. Again just to follow my own investment and give you are picture on how i see the course on #XRP Remember always to do your research for entry/exits - dont let others cloud your mind.
Following on from the last post/prediction. The daily TF seems to be printing a nice falling wedge that seems to fit our narrative should it come good - smaller time frames show we are range bound between $40,000 - $30,000 (maybe a potential Wyckoff Schematic?) but should we see this break out to the downside expect a sharp decline into the low £20,000's with a...
WE ARE STILL BULLISH DESPITE BITCOIN FALLING. FLARE NETWORK DROPPING SOON TOO. XRP WILL TAKE LEAD. XRPBTC CHART LOOKING GOOD FOR A BURST TOO!! NOT FINANCIAL ADVISE.
Looking bearish yet again. This is not financial advice, just like all our other posts. Please do your own research first and then make decisions based on that.
XRPBTC is showing a bullish divergence While XRPUSD is struggling to hold above 0.5 Fibonacci retracement level I believe this level will hold and XRP is headed a lot higher, it just may take some time. The bullish divergence on the BTC pair is evidence for this assumption.
Hey Traders, If Bitcoin can break the neckline of the head and shoulders pattern , and according to the previous analysis , it is more likely to fall . Up to about 12k price. Chart explains it all... Thank you. Please like and share.