1$ XRP Soon!!?XRP has been performing quite amazing as of late with us rebounding out of the bearish triangle with a gain of nearly +60%, we had a little cooloff recently after our hot run to the upside. Now it seems we may see a little sideways price action before then jumping up another leg. Our main target or first goal would be the 0.2 FIB level at 0.903 cents, breaking through here is going to give us some bullish momentum to push us further inbetween the 0.2 FIB and the 0.3 FIB where the 1$ mark sits. Looking at the bollinger bands we had a strong run up along the top band and have since fallen off during our cooldown phase, we have the midline rising as an added layer of support but we are still not very far off that top band, the whole goal would to be like i said get up and above that 0.2 FIB level, doing so will also put us in a position to grab ahold of that top band once again to make that next explosive move up! now the RSI looks great the main thing here is we regain the midline, now of course we need to see this hold but ultimately this puts us back into a confirmed uptrend aslong as we can steadily hold this level! Also have the yellow SMA pushing up and above the midline is a big deal aswell, this adds another layer of support and gives us a stronger chance of holding above here longer term. Now the MACD we are looking good we still have some big separation with the blue MA on top which effectively makes it more difficult to trigger a bearish cross, now our histogram is decreasing and has been for a little bit now but what im looking for is a flatten out of the green bars and the start of another bullish macd cycle, this would be seen if we notice our green bars beginning to increase yet again! Now what could happen is we see a decrease all the way down to the midline area before getting a bounce off the orange MA, this would fake out a handful of traders making them think a bearish cross is coming before then reversing back bullish! Not financial advice just my opinion!
Xrpanalysis
XRP Ripple: Three Scenario AnalysisHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Ripple (XRP).
The chart is self-explanatory. I am using the Fibonacci Retracement to identify my scenarios along with the resistance at S/R lines and Ichimoku Cloud. Keep a close eye on the RSI and MFI as they are headed into the Resistance line soon.
Shown in the chart: Trend line, Support and Resistance Trend Line, Relative Strength Index, Money Flow Index, Fibonacci Retracement, EMA Ribbons, Simple Moving Average, Ichimoku Cloud, and Volume.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Check out my recent Bitcoin chart in the related ideas below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
XRP at long term strong support#XRP/USDT
$XRP dropped to support zone, as mentioned in last analysis.
🐮 here is a long term strong support, so it is possible that price drop a little more to lower of this zone, then head up to resistance zone that is the same with broken ascending line.
🐻 break down from $0.5 will decrease price toward $0.3.
XRP/USDJust some thoughts. We will see if XRP can hold this next support range. This depends on when BTC will begin its initial .702 retracement after indicating entering a bear market. Once BTC begins retracing, we will have entered the official alt coin season, especially for the alts that haven't reached new all time highs this bull season.
XRP $80 BY NOVEMBER 2022?- We are still WRAPPED UP into this SEC lawsuit, XRP will probably just consolidate until the lawsuit is over.
- The case will most likely settle when everyone is really BORED of crypto and waiting for it too MOON.
- They know all about human emotions and will FUD you out, so HODL STRONG AND BELIEVE IN YOUR INVESTMENT!
XRP $120 BY FEBRUARY 2023???- As we can see XRP is still following the long term trend line
- This trend chart pattern is very similar to DOGE coin (I am not comparing XRP to doge in any way, just saying how similar the charts are)
- We could see XRP top off around the $100 once the lawsuit is over, but I do not believe it will go up really fast, it may do some short term pumps due to then positive news on the case, but besides that we could see a slow run up to $100-120 due to mass adoption by INSTITUTIONS.
1/8/2022Hello Everyone.
I want to share my idea for future of XRP.
This is not financial advice, just pointing out my observation, feel free to comment of disagreement or like if you agree with my idea.
Doing Elliot wave count on daily time frame, I can safely assume we about to face a major pump for XRP and many other coins, as we all call it an ALT season.
Here is few pointers, to support that we about to hit an Alt Season and very very soon.
If you look at the Cart, you will see XRP was going basically sideways for a year and a half.
Sideways move can be explained with 1-2 1-2 move, to be precise in explanation:
Wave 1 in Major Trend Up followed with ABC correction Wave 2, then Followed with Wave 1 and currently we finishing Wave 2 of Major Wave 3.
Which is Hints for massive pump in near future. as per Elliot wave theory Wave 3 is most Longest and sharpest move.
I am not gonna predict the price, but my personal Price I think Major Wave 3 will end in about $4.5 (which is 323.6% of Fib Level)
And Wave 3 with in Wave 3 might Stop at $3.6, do Wave 4 correction to around $2.8 and Wave 5 finishing at $4.5.
As I am not Pro in Elliot wave, I will be open to pointers in comments.
For the short Term, XPR currently have confluence in Price, between 0.6 (USDT Chart) and 0.65(USD Chart) after January 4th Crash of Bitcoin.
I believe we will see candle close (can be not Daily) in one of those 2 level to Clarify.
Reason is behind this belief is Wave 2 can be retraced to 85% or 90% which is 0.65 and 0.6 Prices. (5 cents can throw Fib level, especially at higher prices by decent margin)
After Retracement is complete, I am very Bullish on XRP.
Thank you.
XRP $13 OR $0.30 ???- As you can see XRP is still within the long term TREND line.
- It could potentially consolidate between now and September, however it will need to break up or down!
- With the SEC case XRP is still being supressed as they don't have the green light yet and I know the governments in this world are full of corruption and greed, they want to remain the elites, they want control over out money....BUT the XRP ARMY has strong diamond hands, we know what XRP is and what value it holds for us and our future!!
- These are the ONLY scenarios I see playing out!!
- Please DO NOT use this as financial advice, I am here to just give my opinions on the market, do your own research and only invest what you are willing to lose :D
XRP COULD BREAKOUT OF THE TREND AND THEN CONTINUE UP!!- As we can see the trend line is broken and we could drop down a little before we continue up!!
- There has been too much good news and ODL adoption, where I believe XRP will show this on the charts!
- The Bull market is still on we sill have not broken the ATH!!!
XRP WHATS NEXT?????????????- As you can see we are on the edge of the trend line
Scenario NO 1: We break the trend line for a short period of time like we did when the SEC sued RIPPLE, then we work our way up again.
Scenario No 2: We continue to the upside and continue consolidating until the case is over or if BTC starts dumping, however I believe we could be in a short term correction before we move up, I personally do not believe BTC has topped of, if it has then we should see a ALT season.
Scenario No 3: We continue breaking to the downside and go low as $0.30 or continue down to $0.14, which could mean a bear market!!
Scenario No 4: We may be entering a bear market but I do not believe that to be the case at all!!!!!!
XRP - UPSIDEXRP is still in a bullish cycle, on the 4th of December 2021 it completed the last of a 3 wave correction downside, I think the end of this correction means XRP can reach new highs, thought we were expecting to end the correction at about $0.84 areas with a maximum retracement going as low as $0.60, We were not looking to exceed below our blue box area thought at times it happens(not in this case) when markets are at extreme levels and due for major trend reversals.
XRP on the long channel floorHi my friends
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Ripple stands on the floor of its long canal after a relatively long shave
And due to the attention it has paid to important support, there is a possibility of ending the downward trend or upward correction
Appropriate entry points, risk-to-risk ratio, supports and resistances according to the chart
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XRPUSDT 4HOUR NEAR FUTURE PREDICIONSTechnical Analysis Summary
XRP/USDT
TREND ANALYSIS
We have 2 Downtrend in red color
The wider the trend the stronger the trend (I use thickness)
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of stregth of levels (ONLY FOR VISUALS).
Be careful trends need to be modified when broken to the new peaks.
If the yellow 1Hourly last level which was a support level (already tested) broken and we close below it we can expect XRP to have a big drop downward.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
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XRP Ready to Bounce!!XRP has been performing well as of late but recently we have been feeling the bearish pressure along with the majority of the market but we are now starting to look bullish and i could see us getting a much needed bounce coming up soon. We are currently at a massive intersection of very strong support levels, we have uptrend support, downtrend resistance that has flipped to support and then aswell as 2 horizontal levels all packed together in a very small area. I think that it is very likely we see XRP make a move after bouncing off these levels and it would honestly take an immense amount of bearish pressure to push us below all of these supports and since we have been on the downside for quite some time now i don't believe the bears have any fuel left especially for a push down like this. Taking a look at the bollinger bands we aren't in a very ideal spot we are just slightly above the bottom band and as you all know grabbing onto this band could definitely trigger a big move to the downside but honestly i don't see this happening for XRP right now the bearish momentum is continuing to fade and its unlikely we will see a close ontop of this bottom band. Looking at the fading bear momentum on the MACD, we are looking solid on the histogram we are seeing a very flat set of bars and even slightly decreasing, this is a very positive sign for XRP and we are slowly but surely moving towards a bullish cross, the MA's are spread out a bit but we are starting to see them travel towards eachother and thats exactly what we want, the decreasing red bars on the histogram is definitely the most important part though. Now the Wavetrend indicator, we have seen a heavy push to the downside recently but we are now seeing some positive signs, we are beginning to see upwards movement coming from the wave and we could be looking at our next upside wave as we are getting pretty close to a reversal, keep in mind this indicator doesn't usually make jagged moves so once we get the confirmed upside wave it should be a fairly large one that could push us back into the upper zone! Not financial advice just my opinion!