⚡️ XRP Attempting to break first FIB level ⚡️⚡️ Thanks for tuning in real quick ladies and gentlemen, this won't be long but will be important.
⚡️ We had XRP do it's whole thing with the rally which saw us form a high of 0.95 cents before retracing to 0.67 afterwards pulling back up to 0.80 cents before hitting that most recent resistance which will be important. Below is the chart for that.
⚡️ The Fib level is from our Big picture chart so if we look back to one of my older idea's we'll see the overall big picture with the Fib retracement levels. Should XRP be able to break 0.80 we'll likely be able to push up and retest 0.92 at the First retracement level by which a successful breakout/push over that would put us in a position to revisit $1 and $1.40 being the next Fib resistance level after that and so on.
⚡️ The chart is prior to XRP's rally so it doesn't display any new bars but what matters is the Fib levels and for future reference we'll need those so I've added some simply annotations of resistance points which once passed will help be catalyst and lead to leg ups.
⚡️ And here is the current channel we've got going on to keep things simple. Break above we breakout and below we definitely risk falling and losing that 200 EMA on the 15 minute chart at least which we don't want right now. Want to establish some more support above 0.70 in the least so that we can get another leg up and retest that 0.92 Fib level.
⚡️ It's Sunday so today's thoughts are gonna be pretty short at that for now and that's the main gist of things right now to pay mind to, give some attention and mark for yourselves. And for those wondering a Fib retracement is basically just horizontal levels that can help identify possible places for resistance or support depending on which side your on of course. Above a line it'll become support and below resistance.
⚡️ I already refer to my own horizontal levels in my regular idea's but these Fibonacci levels are basically those levels as well, just on a much bigger scale for a wider period of time which in this case is Days/Weeks based on our highest and lowest points based off XRP's past price action/history.
⚡️ That's it for today's thoughts, hope that wasn't too much for you guys, but thanks as always for giving me a few minutes of your time, especially if you've made it this car. Likes and follow's never hurt and simply help me grow day by day alongside my experience and lessons. Thank you and all the best.
~ Rock '
Xrparmy
XRP Should consolidate and pump to target It is currently facing the horizontal resistance on 1W TF. It is looking strong after the breakout of the symmetrical triangle and the ascending triangle.
It will follow the bullish path after the breakout of the weekly horizontal resistance. If it takes some correction then the lower marked horizontal support is a decent zone to accumulate.
A mere possibility for it to touch on the lowest is 0.51 but with the news and the accumulation it has lesser changes to do so. The target remains same 1.20-1.33 as the target for XRP>
🏆 XRP WINS SEC CASE! WE DID IT! 🏆🏆 Hey! Hope everybody's doing great today! WE DID IT! If you've stuck with me through this journey and made it this far, especially those of you that help XRP and Ripple throughout this whole period alongside me I offer a cheers! It's been a journey that we've been down through more than 2 years now! But in the end it's proven well and well worth. and before I continue just wanted to apologize for the delay, posted an idea and trading view banned me for a bit from posting because I mentioned social in a post so can blame that for the absence.
🏆 In my last idea I noted the fact that XRP may be ready for it's BIG MOVE and alas to see that come true has been a sight! Especially after having exited our Major Falling Wedge to get that breakout coincidentally with the 200 EMA confirmation as the case outcome was released funny enough shooting us up.
🏆 I understand it's Saturday and most of you are probably busy so this will be short and concise but once again thanks for tuning in again! Here's our 30 minute chart showing the whole breakout.
🏆 Below I've marked down this resistance we've got and it'll basically help us identify when we get that breakout or if we'll fall further risking losing that 200 EMA though it's good to point out even with that risk we've done pretty good coming up this far and it'll only be a matter of time before things progress.
🏆 Main chart I wanted to point out though is below:
🏆 All of this ended up sending us back up to what was essentially $1 before we got with with that retracement which is understandable. But that's a good point to mark as we know now that $1 more then definitely possible now. It may not be immediate or quick but this is the turning point for a market that's been stuck in winter.
🏆 Things are going to start heating up is what matters and with Blackrock's Spot Bitcoin ETF being accepted it makes things all the more certain of a future in which cryptocurrency will take a foothold and serve as a real utility. Happy to see XRP get that regulatory confirmation on not being a security. Will help a lot of other cryptocurrencies adjust accordingly not to mention be some good ammunition for those already in legal battles with the SEC such as Coinbase.
🏆 Said today's idea would be short and so I'll leave it at that, but really happy again to see all of this come to fruition, we've been here for well over 2 years now and it was worth it. Thanks for tuning in ladies and gentlemen, feel free to leave a like or follow and share, always appreciated and as you know, simply doing the best I can.
~ Rock '
XRP 5? or 123If 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!
Still having some issues breaking .5262
Possible impulse out of Algo Land.
An impulse and corrective retrace
would be ideal for the bulls.
Need an external move here.
Corrective internal could mean down.
XRP, wait and see?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!
Hit the Algo TP3 with reaction.
Still having issues at the level identified.
Need to get a push above and a hold of the level, a spike above is not enough.
$.50 is the ideal bull hold atm but getting some divergence.
XRP the place to be?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!
Didn't get the pretty move down, but holding
the $.42 is pretty yuge! MO.
Looks like Algos are eating!
At a troubled level here, could not hold on several attempts.
A break and hold would be a nice look for the bulls.
Cheers!
XRP 10X interesting take on history repeating. Previous cycle has been overlaid onto the most recent chart on daily timeframe. If we're entering a extended cycle we could see a further and continued break targeting ATH and above.
Second week December around 14th
Target $3- $4 for XRP ( 10-15x from lows 0.29c)
Fundamentals- SEC ruling news due around this period.
This trade idea is a bit of fun so don't pile everything into XRP.
XRP/USD 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this XRP/USD 1DAY chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-XRP, formerly Ripple, was once again in the green, as the token continued to move away from a recent price floor.
Following a low of 0.5092 on Thursday, XRP/USD rose to a high of 0.5438 earlier in the day.
As a result of today’s move in price, XRP moved to its highest level since March 29, when the token hit a then eleven-month high of $0.5848.
From the chart, it appears that one catalyst for the move was the 14-day RSI bouncing from a floor at 57.00.
Price strength is now tracking at 62.97, which is marginally below a point of resistance at the 63.00 mark.
At the time of writing, XRP is trading at 0.5274, which is slightly lower than its earlier peak.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
XRP Ripple Repeating?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!
Broke above .50 and testing the other side.
Holding here would be ideal and a break below would have me looking a bit more into this.
There is a 3 wav move up at the moment and it has happened in the past.
A 3 wave move up to this level, hitting a 1:! and the outer parallel of the channel.
SO to break the 3 wave curse holding here break above the .56 level and flipping that would be ideal.
Cheers!
XRP: Priming for a move Here I will attempt to document a price action plan and trade setup focusing on XRPBTC pair.
DAILY STRUCTURE - From my observations, price has come down to fill an imbalance, located at left of chart, signalling liquidity injecting into the market, usually i have noticed that XRP can wick into an area to test that area then go towards it which leaves no imbalance area. (See yellow markings) - It wicks first, then the liquidity injects to that level and perhaps breaking it, i suspect it is wiping orderbook clean by wicking, then it is easier to inject the liquidity for the desired result. XRP does move differently, but we can use the basic strategies in order to try and position ourselves utilising BTC to XRP trades.
DAILY MOMENTUM - Trend perspective - Daily OVERWATCH printed a clean divergence before this pump equalling 37%, 1BTC = 1.37BTC. Nice. Aswell after this pump candle, the MFI came down and bounced while price bounced of the TM scalper levels which could have been a nice entry in itself equalling 19%. OVERWATCH has not reached its upper levels on the daily yet, will look to do 4hr analysis next, but looking at the daily, down at 0.000016 level at this point would be a bounce off the tm level is current optimal entry zone for daily.
H4 STRUCTURE : Have zoomed out so one can really follow the structure here, please appreciate what i am sharing, no deletion or movement of key levels and structure to obscure what I am showing. You can follow from left to right the price movement pattern, zig zag.
H4 MOMENTUM - Trend perspective - H4 OVERWATCH is topping out aswell as MFI (Bottom pane), we will need at least two good candles pushing above this BOS - H4 level for a valid breakout, and then, after that happens we will await the pullback for an entry. Until we get a rejection at this level, or a breakout, this is all i can say for now. Any comments welcomed.
I will update the chart each day if Price action requires until we take an entry and we are only looking for LONG positions within this thread. EG: Switching BTC into XRP for increased BTC holdings.
Did XRP complete an Elliott wave C?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!
Update
Ideal Elliott wave did not play.
React out of AOI labeled, in at .4227.
I let the fear in and TP. because it's looking corrective larger and smaller degree.
.40-.42 area is the level to watch.
Cheers!