XRPUSDT - Parabolic FRACTAL shows +700%Hi Traders, Investors and Speculators 📉📈
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
XRP is an underrated altcoin with massive upside potential. It's one of very few long-existing coins trading far underneath ATH. Fundamentally, it's also one of the altcoins with the highest selling points to make for a strong argument in investing. I've identified a macro parabolic fractal on XRPUSDT that shows great potential of +700% if we go back to the 0 Fibonacci Retracement level, currently also the next major support zone at 28c. Watch this quick 5min video to find out how we get to 700%.
Want to know a little more about buying at the bottom? Watch this quick educational idea on Ethereum and the Dollar-Cost-Average method:
Into Bitcoin? Here's my ultimate speculation to $100K:
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XRPBTC
XRP still in a downtrend...Here's a quick look at the weekly XRP chart. As we can see, the price has been in the bigger falling wedge for some time now. If we want a reversal, we need a break above the falling wedge , and also keep above the resistance zone . Otherwise, the price will continue to oscillate lower.
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What Is a Wedge in the context of trading?:
"A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge-shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts.
Key Takeaways for Falling wedges:
1. Wedge patterns are usually characterized by converging trend lines over 10 to 50 trading periods.
2. The patterns may be considered rising or falling wedges depending on their direction.
3. These patterns have an unusually good track record for forecasting price reversals."
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Ripple XRP - Market overview + Elliott Wave analysis
XRP is a very weak coin this year, and this trend will probably continue for another year. I'll tell you why.
During the bull market in 2020–2021, XRP failed to print an impulsive wave and also failed to make a new all-time high. Instead of an impulsive structure, we have an ABC correction.
This tells us that the bulls are not strong enough yet to push the price higher and that the bears remain in full control.
I think XRP will experience a massive uptrend on the weekly chart, but we still need to be patient and wait for the opportunity that should come later in 2023–2024.
As per my Elliott Wave analysis, this bearish structure is absolutely incomplete, and that's why I expect another down-trend.
The chart printed a symmetrical triangle on the weekly chart that broke down. Symmetrical triangles on weekly timeframes are especially powerful, and it usually requires more time for the bulls to regain strength again.
I expect tremendous gains for selected altcoins. You can find them in the related section down below.
For more analysis, please hit "Like" and "Follow"!
Jamie Gun2Head Trade - Buying XRPTrade Idea: Buying XRP
Reasoning: Short term support level - good risk reward if it holds today
Entry Level: 0.33520
Take Profit Level: 0.34810
Stop Loss: 0.33070
Risk/Reward: 2.87:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
XRP (XRP) - August 16hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(XRPUSDT 1W Chart)
The key is whether you can climb to the 0.4989-0.62 section.
(1D chart)
We need to find support at 0.3628 and see if we can move higher than 0.4084.
It has not yet broken through the upper Bollinger Bands (60) level, so a breakout attempt is expected in the near future.
If it falls below the 0.3283-0.3466 section, there is a possibility of a sharp drop, so be careful.
The key is whether you can close the gap between 100EMA and 200EMA by shaking up and down.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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Jamie Gun2Head Idea - Buying XRP Trade Idea: Buying XRP
Reasoning: Breaking above a key level, higher lows being put in, looking for a move higher
Entry Level: 0.3773
Take Profit Level: 0.3943
Stop Loss: 0.3710
Risk/Reward: 2.7:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Ripple (XRP) USDT 1DAY UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
XRP/USDT UPDATE :-
XRP Breakout symmetrical triangle pattern in the daily timeframe.
Currently retesting the upper support according to the pattern we can expect a bounce from here.
The chart will be invalided if it breaks the lower support of this triangle.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
XRP (XRP) - August 3Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(XRPUSDT 1M Chart)
Whether or not it can rise above the HA-High indicator is the key.
(1W chart)
Resistance: 0.4989-0.6200
Support: 0.2727-0.3466
We need to see if we can keep the price above 0.3466.
(1D chart)
Primary resistance: 0.4084
Secondary resistance: 0.4700-0.4989
1st support: 0.3283-0.3466
Second support: 0.2727
You need to make sure you keep the price above 0.3466.
The 0.4989-0.6200 interval is the interval that determines the trend.
Therefore, if the 0.4989-0.6200 area is not supported and declines, it may lead to further declines.
Therefore, if it falls below 0.47, Stop Loss is required to preserve profit and loss.
The current price range is low enough to be called the bottom section.
Even if it falls below about -30% here, the same is true.
Therefore, the Stop Loss mentioned above does not mean 100% liquidation.
It means selling enough to relieve psychological anxiety about falling prices to some extent, and to gain the strength to buy again at a lower price in the event of a fall.
I think that investing in coins (tokens) located at a low price like the present is to get a bigger profit over a certain period than the current one.
Therefore, the average purchase price is meaningless, and increasing the number of coins (tokens) is an important issue.
In order to increase the number of coins (tokens), you can use all of your investment to buy them, but when that happens, you often end up selling without being able to withstand the psychological pressure due to price volatility.
When the price shows a full-fledged uptrend, it is necessary to adjust the proportion of the investment in order to continue investing.
The only way to increase the number of coins (tokens) while adjusting the weight is to sell them in installments at a high price and buy them at a low price.
In that sense, Stop Loss is needed when it is not supported in the 0.4989-0.6200 section and falls below 0.47.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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XRP looking to break Bullish out of the Triangle.XRP weekly chart:
..even with the SEC smoke n mirror
garbage, we should look at the big picture here.
XRP must explode out of this bullish formation,
and when it does, look at the Fibonacci price
levels in the Gold Rectangles...Patience creates
generational wealth more than anything, and it
shows you what your made of. RSI bullish
Stoch RSI is bullish as well.
XRPXRP following suit, internal range BMS to the downside with price printing series of LH, for added confluence here id like .36 low raided before we see any retrace to the upside.
If we play out as above and print a lower high then we can look to short inside the ob .39 LO/NY KILLZONES would be prefered time of day will fit with the agenda.
For us to remain bullish we want to see price hold above .32600 and show bullish reversal inside BISI failing IMO will result in price seeking SSL of the range low and liquidting all the longs left in play 0.28700.
XRPUSD - Loss of ≈90% from ATHAs for the rest of the cryptocurrency market, we are relatively bearish on XRP. Our view is based on several technical and fundamental factors. Technical factors are described lower in the text.
Meanwhile, fundamental factors include a strengthening dollar due to the FED's rising interest rates (which are likely to increase again during the current week), economic tightening, and a slowing global economy. These factors weigh on the stock market to which risk assets like cryptocurrencies are correlated. Therefore, we foresee weakness for both of these asset classes in the medium-term and long-term.
As a result, we think the current rally in the cryptocurrency market represents just a temporary relief before more selling takes over.
Illustration 1.01
Illustration 1.01 shows the hourly chart of XRPUSD. It also shows two trendlines. Trendline 1 connects peaks from 20th July 2022 and 22nd July 2022; this trendline acts as the short-term resistance. Trendline 2 is parallel to Trendline 1; it acts as short-term support.
Technical analysis - daily time frame
RSI and Stochastic are bearish. MACD is neutral. DM+ and DM- are due to perform bearish crossover, which will further bolster the bearish case for XRP. Overall, the daily time frame is bearish.
Illustration 1.02
Since April 2021, the Ripple cryptocurrency lost over 80% of its market cap.
Technical analysis - weekly time frame
RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the weekly time frame is bearish.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
XRP (XRP) - July 21Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(XRPUSDT 1W Chart)
Whether or not it can move higher than 0.4542 is crucial.
To do that, we need to see if we can support and move up around 0.3420.
(1D chart)
The key is whether you can support and move up in the 0.3214-0.3420 zone.
In particular, you should also check to see if the volatility around July 26 can move higher than 0.4060.
A drop below 0.3214 could lead to further declines, so trade cautiously.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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Ripple XRP - Warning to all traders! Elliott Wave + Channel
XRP is the most hated and most loved coin on the crypto market, no doubt about it.
I personally like XRP, because transactions are extremely fast and super cheap, but the price action is another level!
But let's take a look at the weekly / 3D chart and do Elliott wave / chart patterns technical analysis.
As you can see there is a huge symmetrical triangle that has been destroyed by the bears in May 2022.
Usually if a major pattern breaks down, then we need a lot of time to recover. It is a common thing to retest the triangle and then make a new low on the macro scale.
What's more, as per my Elliott wave analysis, I deeply miss the next final impulse wave down to complete a major ABC retracement.
If we take a look at the volume indicator - bearish pressure is still pretty high, which is not good at this moment.
We have a massive parallel channel on the weekly chart and I think we can definitely retest this channel again in the future.
Due to my analysis - I think we will go temporarily up from here and then a final capitulation move is going to happen.
I expect tremendous pumps for selected altcoins, you can find them in the related section down below ↓
For more ideas please hit "Like" and "Follow"!
XRPUSDT - TacoStand now closed 🌮Hi Traders, Investors and Speculators 📉📈
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
FINALLY ! In his infamous “tacostand” wallet, Jed McCaleb ( founder of Ripple Labs ) has finally ceased selling all of his XRP holdings.
The former Ripple exec made his final XRP transfer on 17 July for 1.1 million XRP (worth $394,742.18). A few hours later, the account displayed “ACCOUNT DELETE” transaction, suggesting that it will be removed from the XRP ledger. The transaction completes the 9 billion XRP sell-off McCaleb started in 2014. He did so after leaving Ripple Labs to co-found and work on Stellar.
This may very well be bullish news for the XRPUSDT / XRPUSD community. Jed was dumping large piles on the market, creating a huge supply zone as often as his contracts allowed him to. Now, all of that supply is finally gone and the market may become healthier or more "organic".
Related news Highlights in Crypto :
👉 Binance flips Coinbase and becomes nr1 exchange with the most BTC held
👉 Celsius network allegedly lent $75 million to Three Arrows Capital
👉 Three Arrows Capital allegedly owes $3.5 billion to 27 different crypto companies
👉 Crypto exchange Bitstamp will charge inactive users a monthly fee of $10.20
👉 Russian President Putin signs law banning cryptocurrency payments
👉 Celsius faces Ponzi Scheme lawsuit
In other cryptocurrency markets :
⁕ Bitcoin BTC reclaims $23500k support zone
⁕ ADAUSDT reclaims $0.5c support zone
⁕ DOGEUSDT up 9% over 24h
⁕ Ethereum reclims $1500 support zone and aims for $2000 resistance zone
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CryptoCheck
XRP going back to $0.15 (£0.13p)- As you can see XRP is following the old pattern however way more extended, so many people cant really see it.
- Please understand this chart and don't underestimate this crypto, if you invest properly and dont get emotional then you will do really well!
- NOT FINANCIAL ADVICE!
Ripple XRP - Finally huge opportunity! + Elliott Wave + Channel
XRP can finally make an uptrend, we have a local descending channel on the daily chart, which is very close to a breakout!
As per my Elliott wave analysis, the ABC correction can be completed, so we there is a great chance for an uptrend.
On the RSI indicator we can spot a bullish divergence with higher lows.
We haven't retested the massive yellow triangle yet, so we can definitely do it in the immidiate short term.
Your profit target can be end of the wave (1) + retest of the triangle + 200MA.
Look at my ideas about interesting altcoins in the related section down below ↓
For more ideas please hit "Like" and "Follow"!
XRP Analyze (Road Map)!!!🗺️XRP can make a Double Zigzag Correction like most of the assets we are following.
The end of XRP Correction can be around 0.24$-0.23$ OR 0.152$-0.1$ (You can see these zones in my chart).
XRP Analyze ( XRPUSDT ) Timeframe Weekly ⏰ ( Log Scale )
🔅 Tip : When XRP breaks Resistance Zone 1 , or if I want to say better, When XRP can break the Important Resistance Line , after that, we can verify the end of main wave 4 .
🔴 Resistance zone 1 🔴: 0.62$ until 0.49$
🟢 Heavy Support Zone 🟢: 0.152$ until 0.1$
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
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