TOP DOWN PA analysis on XRPUSDT, Waiting for 0.17-0.25 cent to continue to accumulate my long term spot position.
XRPUSDT 1H Accumulating triangular formation on the 1H chart, RSI is in the oversold area, meaning that buyers will be interested again, this leads us to conclude that the accumulation will break to the upside. Following are the next supports and resistances on the 1H time frame Main support levels : 0.3788 / 0.3739 Main Resistance Levels : 0.3836 / 0.3865
If you find this info inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! Last chart nailed the pivot! I think there is enough separation in corrections to consider the box an impulse. Bulls have some juice, but need more confirmation, MO. A...
The current trend has been in play for nearly a year and it is currently on borrowed time. XRP looks to be getting ready to make a 'swift' move to the north. Watch tomorrow (Monday 20th - 21st) and Wednesday (22nd of March).
XRP looks very similar as it did in December 2020, when it was at .16. All 5 waves down are structurally identical and the first higher low that was formed was also at a top trend line and bottom trend line apex, as it is now. Really look at this chart and notice all the similarities between all impulse waves and correctional waves of each structure. Everything is...
This chart has some similarities to my latest breakthrough analysis in XLM with some distinct differences. (XLM Ideas linked below) One key difference is how Wave D expanded from 2014 to 2017. Another difference is how Wave ii corrected between 2018 and 2021. In the coming days I will be posting my thoughts on how I see this bear market ending and the type of...
After the formation of ED in wave A/C, the downtrend is expected to correct at least by 0.618 fibonacci level
Hi, this is my new update for XRP. Nothing has changed since the last update I made for XRP, but something special has happened to Altcoins. We see that other Cryptos like LTC, EOS, ICP, etc. and even the Crypto Total Market CAP is breaking out of the big down trendline, but XRP is lagging behind. If other cryptocurrencies can break out of the trendline that...
I'm very bullish about silver moving forward. I firmly believe that at least 75% of your long holdings should be in physical silver in your own custody. 25% can be in paper contracts, stocks or derivatives. I still think there are good trades to be made on the short side, at least for the time being, but always use a stop loss.
Bitcoin has been on the move in recent sessions. With the Fed balance sheet expanding by $300B & rates continuing to soften substantially. Bitcoiners are front running a Fed pivot and buying up this rally. One thing is for sure their is still major technical resistance up ahead and some consolidation is due.
Will history repeat and will we see XRP flying again to similar levels compared to 2017? A positive outcome of the current litigation between SEC vs Ripple may be concluding. Personally I believe that the price will move ahead of the actual decision based on all the current knowledge we have about the case, which leans towards a Ripple win. Usually, the longer the...
Slowly but surely things are starting to change. We are going from bad news to neutral and finally some positive news. If the Cryptocurrency market managed to recover with all the negative news, imagine what will happen when we get the positive news! Let me give it to you straight, what do you think will happen when Ripple wins the case against the...
Ripple is probably forming a Triangle pattern. I won't be jumping into a trade and will wait for market to break the purple b-d trendling a confirmation. Targets for next wave is clear if our trigger confirms.
XRP - 24h expiry - We look to Sell at 0.3878 (stop at 0.3978) The primary trend remains bearish. Trend line resistance is located at 0.3885. The sequence for trading is lower lows and highs. Preferred trade is to sell into rallies. There is no clear indication that the downward move is coming to an end. 0.3986 has been pivotal. Our profit targets will be...
Greetings fellow traders and enthusiasts, Today, we bring you an interesting analysis of the XRPUSD charts on Tradingview. As you may know, XRPUSD is a popular cryptocurrency that has been in the market for some time now. Our team of financial experts has analyzed the charts and we have identified a fractal that we believe is worth exploring. Chart 1 shows the...
We're looking at Ripple's current price of $0.3630. Looking at the RSI, it's sitting pretty in the neutral zone at 45.60, so there's not a lot of indication of which direction it might be headed. However, the volume oscillator is down at -17.47%, which suggests that there hasn't been a lot of trading activity lately. Moving on to the Fibonacci retracement levels,...
Hello Guys, Weekly Analysis is on the XRPUSDT Symbol in a 1H Time frame, I Hope it Will be Useful for You, Don't Forget to Like, Follow, Comment
- As we can see every time there was a btc halving event there was a bullrun, then within 12-18 months we had a cycle top! - Same to repeat again?