Ripple XRP is NOT the scam!Hello, long-suffering Ripple holders!
Today it’s time to make you happy because the “immortal scam” project is going to be alive and give us the huge profits in the next bull run. I have never invested in the XRP , but this time I will do it because it has the clear waves structure and I have the idea where I can do it.
Let’s take a look at the daily time frame of the XRPUSDT chart of the WhiteBit exchange. It’s also printing the ending bearish wave 5 like the Bitcoin, Cardano and other crypto assets. This wave 5 also consists of 5 waves. Looking at the Fibonacci extension level 1.61 which has been touched “cent to cent” by the price I can conclude that the wave 3 has been finished yet.
After that we saw the corrective wave 4 which coincides with the same wave on the BTC . Now the market is forming the ending wave 5. It has two possible targets. the conservative one is $0.28 and the pessimistic one is $0.19 . The exact reversal point we will define where the price will break the current local low at $0.31 using the trading chaos approach by Bill Williams.
My friends, I wish you happy New Year, be healthy and wealthy. Turn on you “God mode” in trading and earn million of dollars and be happy.
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Rippleusdt
XRP/USDT Price Ready for a 30% Dip in the next 30 daysAfter the gigantic fall in during the H1 2022, the XRP price has maintained a consolidated trend but failing constantly to reach above $0.5 and hence dropped heavily. The price is believed to continue testing the lower support levels and may also slid below $0.25 or even $0.2 in an extended bearish trend during the first few weeks in 2024 to mark the bottoms of the current bear cycle.
With a rebound the price may ignite a notable upswing and rise high to regain the levels beyond $0.4 initially and later try to reach beyond $0.5 levels by the end of H1 2023. However, after sustaining above these levels, the XRP price may maintain a strong bullish momentum to reach the target for 2023 that lies around $1.
Ripple : This seems to be "Absolutely" perfect time for Entry.Hello guys. It's been a little while since we have posted our idea. Here we again giving you sharp and well studied technical analysis once again. Happy to get back to you.
So our today's study will look at the long awaited #XRP breakout. Ripple have been struggling since June 2021 and has been in a longer down trend correcting itself with other alt coins. In the weekly chart that we consider to see the possible outcomes in the mid to longer terms Ripple breaked out from the strong resistance line depicted by the upper side blue line. Volume looking goo after a huge amount of cash flowed into XRP and specially the court case that the ripple community won did have a very big impact on the breakout.
- On the other hand MACD50 looking bullish heading to be under the price in the following days if trading will continue to behave the same way as it is now. MACD 200 looking comfortably bullish too which starts to be under the price for the second week in a row after the newly started weekly candlestick.
- At last the falling wedge created seems to be already broken and bulls are having a good positions helping themselves strengthen in the prior 2 weeks.
Conclusion : Considering the longer term investment opportunity we are looking for a very good profitable trading on XRP since it have a good project on hand with a very strong community base. Besides the fundamental insights technically speaking the chart is defiently on favor of the bulls. I will be analyzing the shorter timeframes and will give you some insights about the short term profit possibilities.
Accumulation Area : 0.41 usdt - 0.55 usdt
Possible strong resistance areas to consider a distribution for traders are :
Target 1 : 0.68 usdt
Target 2 : 0.92 usdt
Target 3 : 1.12 usdt
Target 4 : 1.32 usdt
Target 5 : 1.6 usdt
Target 6 : +1.96 usdt
Stop Loss : 0.38 usdt and 0.31 usdt
Thank You For Your Time and don't forget to give a like if you agree with the idea or drop your comments if you don't agree with the idea and lets learn from each other.
With Regards.
Nathnael B.
If we are lucky, XRP price could go up +50% in the near futureTwo weeks ago, we analyzed in detail the possible scenarios of XRPUSDT price behavior.
There was a parsing of the XRPUSD price at different timeframes and a parsing of the XRPBTC pair and a warning about a possible strong drop in the Ripple price in general.
For those who are interested, we recommend re-reading our previous idea:
And today, let's break down the current situation.
For more than a week, there is a consolidation of the XRPUSDT price in the narrow range of $0.40-0.45 on the chart
A positive exit from this consolidation will be a growth at first to the strong mirror level of $0.51, which is unlikely to be broken up by the buyers at the first attempt. After the shallow correction, the growth might extend to $0.58.
A negative exit from this consolidation could be a fixation below $0.36 and a continuation of the fall to $0.24, which we already wrote about in the previous idea.
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XRP which Elliott Wave Degree? XRP some converging trend lines. Running out of time for a W4 but could be reaching out for this channel median. it may pop up, and if it starts getting too big for the current wave 2 I may have to asses the degree, but this looks the cleanest from this angle. above .5 is suspicious for this count.
XRP Sell the 20 EMA.Ripple - Intraday - We look to Sell at 0.522 (stop at 0.537)
Daily signals are bearish.
There is no clear indication that the downward move is coming to an end.
Preferred trade is to sell into rallies.
20 4hour EMA is at 0.524.
Our profit targets will be 0.484 and 0.474
Resistance: 0.500 / 0.520 / 0.535
Support: 0.480 / 0.470 / 0.450
Short term idea on XRPthe dynamic resistance shown in the chart is very weak, although apparently its made up of major highs, but, waiting to buy at a cross is not logical...
everything else is on the chart, crossing the resistance at 1.2 dollars, initiates a very spiky demand on xrp, please don't sell all your balance at once or you will get FOMO,
The only thing that makes an exception, is the potential of smart money to manipulate the market at this point, which is very probable, cuz the long positions in futures market has been very high, and a probable move to liquid the bullish retail traders can drop the market.
after all, as long as the price is above the designated pivot, it's almost safe to trade and hold,
write your comments down below,
XRPUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. The price is now fluctuating between the support zone and the first resistance. If the resistance line is broken, we can get in after the pullback for the next resistance. If the price is rejected from the resistance, which we expect it to, it will fall back down to the support zone.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
XRPUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. You see the R1 line which was previously the support line and had supported the price several times. But it is broken now. We can consider it to be a double-bottom in case the S1 supports the price and it goes toward the R1 line. You can save profit at the R1 line. In case the S1 zone is broken, the S2 zone would be a good place for the long-term traders to buy and hold. If the R1 line is broken, we will update our analysis for you dear followers.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck