XRPBTC
Here's how.On this weekly chart I made a weird logarithmic channel based on median.
Actually XRP entering 5th impulsive wave.
Conditions for this wave are:
1) Hold above 80 cents
2) Break above 200 day moving average.
3) Positive result in SEC lawsuit ( seems good ).
4) Make new All Time High.
Every price action above this channel is overbuy( bubble),
everything below is strong oversell.
This chart was always hard to read with a lot of pin bars, sideways and quick accelerations.
Make your own decisions , take care and never risk too much.
Emvo.
*This is not a financial advice. Do not ever invest or trade by my ideas. It's on your own risk.
XRP Dominance - Triangle is Full and Ready to BlowCrypto loves triangles. This one is ready to blow in XRP's favor.
Why?
Money flows first into Bitcoin.
Then alts.
This is a result of how Quant Funds operate. They exhaust one asset, then rotate funds into other assets to achieve outsized gains. Bitcoin is sleepy. If there is upside left in bitcoin, it certainly is magnitudes smaller percentage wise than certain other cryptos.
This triangle shows just that. XRP dominance is ready to plow north and certainly the upside potential is much greater than the downside potential.
$XRP at the best buying opportunity! This is the best buying dollar cost averaging into XRP since 2016.
XRP price is sitting on the grey area which is the FIB bottom. We have been here for quite awhile and this chart has only been able to pick it up with the data we have. Currently following 2015-2017, which it is currently extended now.
To find the top we use the yellow line which indictates market tops time to sell, When price of XRP is above the yellow line you start dollar cost average out of the position.
The yellow line is currently 18X from current prices however that line will keep moving up when we are closer to the bottom.
Don't be so short sighted! XRP is a massive paradigm shift!During bear markets, the best thing to do is zoom out. Way out! Global debt is at all time highs. From March 2020 to today, money supply has more than doubled but somehow the DXY is higher than it was in 2020?
ZOOM OUT. The fundamentals for crypto have never been stronger - especially crypto that is real money for real problems like XRP with its global ODL currency use case.
This chart is in no way a price prediction but more of what the structure could look like going forward. FIAT WILL CRUMBLE. This much is true. Zoom out, HODL STRONG, and be patient! CZ's approach is right: HODL, HODL HODL. Accumulate your favorite cryptos and enjoy the show! FIAT IS BUST! Don't day trade your future wealth!
XRP STRONG!
*not financial advice - personal opinions only*
XRPUSDT Break TrendLine NOWIn the daily logarithmic chart of Ripple, we see the loss of the trend line, and if the pullback is completed, we will have the possibility of falling to the support. If the trend returns and support is maintained, we will have a price rise.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
Ripple XRPUSD - Tripple support now! + Elliott Wave + Triangle- XRP is currently sitting on the tripple support support (Horizontal + Trendline + 0.618 FIB) on the weekly scale, which should provide a very good buying opportunity!
- Also we have a symmetrical triangle that will break very soon.
- Bearish volume is very low on the weekly chart as you can see.
- Due to my Elliott wave count, we can be done with this pretty much disgusting wave 4 and continue higher to form a huge leading first wave diagonal!
- Previous all time high resistance (from 2018) is next resistance.
- If we measure a fibonacci retracement for this whole market structure - we are currently sitting on the 0.618 FIB!
- Last weekly candle has a huge wick, which is a sign of rejection and trend reversal.
XRP (XRP) - May 16hello?
Traders, welcome.
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Have a nice day.
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(XRPUSDT 1W Chart)
We believe we are entering the mid- to long-term investment area, falling below 0.4542.
Therefore, it is necessary to check if the 0.4542-0.5486 section is abnormal and can deviate from the floor section.
(1D chart)
We need to see if we can find support by moving above 0.4542.
The 0.4542-0.5486 zone is the last support zone before falling into the mid- to long-term investment zone, and I think it's risky to trade in this zone.
Therefore, it is recommended to proceed with trading after confirming that it is supported above 0.5486.
(buy)
- After confirming the support at 0.5486
(Stop Loss)
- When it falls below 0.4542
(Sell)
- When resistance is received in the range of 0.7251-0.8731
- When receiving resistance near 1.0409
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move 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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XRP trading automated during volatility and crash for profit. By assigning the Teseo bot on the Kryll marketplace to trade XRP on the Binance portfolio, the automated strategy managed to churn out a profit during the bloodbath the market experienced. You can see the comparison of the trading bots' performance against a simple buy/hold strategy and notice that buy/hold at the time we started the bot would have led to around a 16% loss whereas the bots trading system managed to optimize the portfolio to buy and sell XRP for profits.
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XRP IS HEADING TO $0.40 - £0.30P- It's okay.... don't panic, remember to always erase your emotions when it comes to investing.... if XRP reaches $0.40 / £0.32p then think of it as a massive discount.
- XRP is designed to move TRILLIONS in seconds, so its use case is strong, utility is massive and its ISO20022 compliant....XRP is even on the world economic forum crypto pdf.
- I will keep you guys posted on the markers, please stay tuned for more TA.
XRP must hold the major support boxXRP 3 day chart:
take a look at this 3 day 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.
XRP SUPPORT LEVEL MET, KNOW WHAT ?- Keep it simple we either break below and head further down and cause extreme fear for a couple weeks, followed by a massive pump.
- If your a clever investor, you will NOT react EMOTIONALLY!
- EMOTIONAL investors LOSE MONEY / SMART INVESTORS WHO de-tach their emotions from their investments always win!