XRP/USDT - TIME TO SHINE FOR XRPAssalamualaikum and hello guys. Last time my analysis is not going to do a big wave for correction before going deep again, and now price is break. So, it’s time for this pair to shine again. the price has broken on the line that has been marked as in the following figure. I assume the price will go down around 0.52 - 0.47. The MA 20 on candle weekly also shows at that price. please be
prepared, prices will soar again and will surpass ATH in 2017 before this. this is just my 2 cent opinion and not financial advise. Please DYOR!
SEC
XRP/BTC Breaking out of Daily Triangle PT1 $2.31 PT2 $4.05 XRP/BTC is showing beautiful movements and is breaking out of a symmetrical triangle as we speak. Interestingly enough, XRP/USDT is also inside of a symmetrical triangle on daily and weekly candles.
Additionally, we have a very bullish MACD crossover, the last time this occurred was the beginning of April when the price ultimately went to $2 USD. We are clearly at the start of a similar move but from a higher starting base.
PT1: $2.31
PT2: $4.05
PT3: $7.73
XRP - DailyA zoomed-in look at the downside bias for this pair on the Daily Timeframe.
After reaching the Monthly (Dec 2017 / Jan 2018) candle bodies and reaching the Weekly Fibonacci Extensions, we have another Fibonacci in play aligning with our downside targets.
The -61.8% Extension aligns up nicely with the Monthly (Dec 2020 / Jan 2021) candle bodies from the Monthly Timeframe analysis.
I think this will be a great opportunity to shake out those new investors who caught on during the last few months looking to FOMO into the hype as this bias is showing on other pairs such as BTC, ETH & DOGE.
For us early buyers who caught on at $0.20, this would be another great opportunity to accumulate more at our original buy-in price.
Already looking good!
XRP - WeeklyFollowing the previous post of the Monthly Timeframe, this Weekly Fibonacci further validates why $1.96 is a rejection zone.
The -161.8% Extension aligns with the Dec 2017 / Jan 2018 candle closes where we have tapped it perfectly.
I would anticipate that the next move would be back towards 61.8% and 78.6% retracements where we can identify the next set up.
I will post a Daily Timeframe analysis of this bias to complete the full top-down analysis which shows more confirmations.
XRP looking incredibleXRP has had a massive capitulation and went all the way back to its 2014 & 2017 cycle lows because of the SEC decision... but they still have a chance to win + some people still believe it is decentralized so none of that matters. Overall longs got destroyed and there are no sellers left which makes it a lot easier to pump.
Resistance is very clear here but of course it could go much higher than that later on.
"RIPPLE SEC LAWSUIT" LONG XRP 2021 Providing very basic technical analysis of XRP/USD
Ripple's native cryptocurrency, XRP, is one of the most attractive assets to look at for long term and/or short term investing. Short term, there are many opportunities involving XRP, however if you are trading cryptocurrencies you should always expect extreme volatility at any moment. None of anything I say or write is investment advice, I am only a stranger you do not know on the internet discussing an asset that I have been extremely passionate about for the past 5+ years. That being said,
On this Weekly Chart we can see that the .702 Fib. level has been wicked down to, there is about 9 hours left to this Weeks close, on the lower time frames this area has been respected as support. Both the .382 and .702 areas on my fibs are colored different than the rest of my fib levels. That is because these are areas of extreme significance to me personally. I always am on the look out to see what price will do at these levels. On the week of the 13th of August 2018 there is a wick which begins a trendline that also wicks on the 17th of June 2019, this extends all the way through to where we are currently at today. Waiting for this Weekly close. All moving averages are bullish, confirming uptrends, the adx and di for crypto is also confirming uptrend. The higher high on the weekly has been created, we are now looking for a higher low to continue the trend upwards.
The prices around that trend line, which begins in 2018, is now being tested on lower time frames..
So currently there is a lot of exciting action in the markets, the news on top of all of this is even more exciting! (and bullish)
The goal for this post is to monitor XRP long term, I will be posting more information about NEWS, and any exciting updates on XRP here as well.
$XRP in a nutshell - Last distribution?Hello XRP community! Hope you enjoying the XRP ride so far.
$XRP is in its third accumulation phase, preparing for a new impulse wave to break above the 2$.
Some XRP hodlers have sold their positions between 1.8 and 1.9 due to decreasing volume. But overall XRP is still bullish! After a correction down to 1.56 we might see another +20% move very soon.
PS1: SEC lawsuit might ruin this whole thing
PS2: XRP relist will take us to the moon
XRP Long - Big picture retracementIf XRP beats the SEC case, a retrace towards the ATHs are likely imho. This is not financial advice and is for educational purposes only.
XRP has been very fractal and someone has been accumulating using BTC on Bitstamp consistently since 2019 and since the SEC case dropped price back into that accumulation zone.
XRP may be setting up to reach new ATHs before BTC/USD begins a bearish correction cycle. If BTC/USD turns downwards below 50k first, this may cause a breakdown of market structure across many charts.
Medium Picture:
Big Picture if we break the last swing high before the SEC case:
$XRP to break ATH in coming months..I think with the fractuals, history, fundamentals, XRP will soon break it's ATH ..
XRPUSD GOOD NEWSHello guys, it me with the XRPUSD again, i am having a good fundamental news with beautiful technical.
# fundamental news
Our Statement On Recent Market Participant Activity
2 MIN READ • TEAM RIPPLE
DEC 29, 2020
The public and press have only heard the story from the SEC’s side, and we’ll be filing our response in a few weeks to address these unproven allegations against Ripple.
The SEC’s decision to file this action is not just about Ripple, it is an attack on the entire crypto industry here in the United States. We’ve always said that there is a dangerous lack of regulatory clarity for crypto in the U.S. — their lawsuit has already affected countless innocent XRP retail holders with no connection to Ripple. It has also needlessly muddied the waters for exchanges, market makers and traders. The SEC has introduced more uncertainty into the market, actively harming the community they’re supposed to protect. It’s no surprise that some market participants are reacting conservatively as a result.
In the meantime, Ripple will continue to operate and support all products and customers in the U.S. and globally. The majority of our customers aren’t in the U.S. and overall XRP volume is largely traded outside of the U.S. There are clear rules of the road for using XRP in the UK, Japan, Switzerland and Singapore, for example. For eight years, we’ve built products that help hundreds of customers solve pain points around global payments — we will defend our company and look forward to settling this matter in court to finally get clarity for the U.S. crypto industry.
Stuart Alderoty
@s_alderoty
·
20h
While we would have preferred to achieve regulatory clarity through thoughtful rulemaking or legislation, it’s now up to the Courts (not Twitter “hot takes”). What hasn’t changed is our steadfast commitment to constructive regulatory engagement. (1/2)
those two tweets make a good impact on ripple and make it to raise beautifully.
# TECHNICALLY
The XRP drop in to a monthly demand and and we are seeing a beautiful divergence on the H4 and a clear bullish engulfing candle as i was illustrating on the chart.
let's see what the market decide
XRPUSD BUYin xrpusd buy. anything between 85-95 cents i will slap a buy. Shouldn"t see any sell offs unless the sec comes with some smoke.
but things are looking gold for my favorite crypto coin. I purchase at 15 cents and i am long people. Also check out $safemoon . better load the boat. please leave your comments and if you have any hot coins we dont know about leave those comments. thanks
XRP FANS CAN REJOICEXRPUSD has broken out of a big upward continuation pattern and will probably be one of the fast runners in the alt rally coming up.
First target at 0.92 per token with a big possibility of overperformance which could triggered by many things such as the SEC reversing its decision to classify XRP as a security when its clear not.
Please share your thoughts on XRP in the comments below.
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