XRP - is going to break this trend line 🚀Two trend lines can be identified on the XRP chart. The price broke the first trend line and tested it as support. The price is now squeezing near the second trend line. If it squeezes and breaks, XRP is likely to continue its move towards the liquidity zone noted above.
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P.S. I personally will open entry if the price will show it according to my strategy.
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XRPBTC
XRP (XRP) - February 5Hello?
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(XRPUSD 1W Chart)
(Full: )
Above 0.71097-0.88410 section: It is expected to create a new wave.
It should be checked whether there can be an attempt to break through the volume profile section formed in the 0.71097-0.88410 section upward.
Two things need to be checked for an upward breakout attempt.
- Check if the OBV red width in the volume indicator is shifting to a green width and if the center line is rising
- Check whether the CCI line rises above the +100 point and above the EMA line in the CCI-RC indicator
To continue the uptrend, it must move above the 0.88410 point.
If it falls below the 0.51383 point, there is a possibility of entering the mid- to long-term investment area, so careful trading is required.
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(XRPBTC 1W chart)
You should check if there is any movement that deviates from the 0.0000 0653-0.0000 2365 section, which is the floor crosswalk section.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** 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 overbought at a Resistance levelI like how XRP`s strongest support in the chart, the $0.55 area hold up so well.
It`s a level to take into consideration when it will enter a bearish trend.
For now XRP has hit a resistance level from which it was rejected.
In a bullish case scenario before the Feb 28 SEC lawsuit, there is another, this time stronger resistance area, at $1.14 to take into consideration.
I think it needs to consolidate here first.
Looking forward to read your opinion about it.
XRP's time to rise against BTC looks close at hand!XRP's breakout Monday is seeing continuation today, as XRP is pushing through strong resistance at the 1900 sat range. Suggesting a strong potential for another 36% run in the coming days. If this move is driven purely by XRP pumping, expect XRP to run from $0.86 to $1.10. However this could also play out such that XRP consolidates/flatlines around it's current range as BTC pulls back to the $30k range. I favor the probability of former over the latter, but more than either believe we may see XRP run to $1.30 range as BTC climbs back to the $47k.
This is obviously interpreting bullish continuation, as we could easily see a bearish reversal off this trend as we've yet to break the 2000 sat range with strength. Currently I'm 80/20 in favor of bullish continuation, but this is most likely due to my massive position in XRP so take this projection with a grain of salt, I would not recommend entering a trade at this range, but am still maintaining 75% of my trade position in XRP expecting continuation.
May the odds ever be in your favor!
XRP Analyze (Road Map)!!!🗺️Hi everyone, today I decided to publish the road map of XRP . We saw a great rally from XRP these days😊.
XRP Analyze (XRPUSDT ) Timeframe weelky ⏰ ( Log Scale )
Location 🌊: XRP is running in Ascending channel from the beginning, it has passed the Main wave 3 at 3.317$ and then it started the main wave 4. the structure of the main wave 4 is Double Three Correction (zigzag/zigzag/(Triangle/Flat/Zigzag)). Microwave Y can be Triangle or Flat or Zigzag but Triangle is more possible. I tried to draw just a Triangle pattern in my chart.
Also, I tried to show you our Resistance Zones & Support Zones that we have in front of XRP.
🔴 Resistance zones on XRP 's way:
🔴 Resistance zone : 0.88$ until 1.02$ (SMA 200 (TF Daily)+ Yearly Pivot Point)
🔴 Resistance zone : 1.54$ until 1.92$ (Resistance + Cluster of Fibs + Yearly Resistance 1 )
🔴 Heavy Resistance zone : 2.75$ until 3.33$ (Resistance + Cluster of Fibs +Yearly Resistance 2)
🟢 Support zones on XRP 's way:
🟢 Support zone : 0.62$ until 0.5$ (Support + Cluster of Fibs)
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.
Please do not forget the ✅ 'like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
Play with technicalHi, I think the resistance is valid. What I'm sure of is that it does not make sense to buy at this point. But if you are going to buy, wait until the resistance breaks. In addition, to buy, you have to wait for the breakout of the bitcoin resistance. I'm wearing shorts at this point. What do you think, what do you do?
$20 (£14) XRP BY JAN 2023?- As we can see XRP is sticking to the long term trend
- It has bounced to the upside nicely
- We firstly need to break the all time high to then go on a massive rally to the upside.
- Mass adoption and a win in this SEC lawsuit case could cause FOMO to kick in taking the price to $20 (£14)
XRP UPDATE!!- We need to see XRP break out of that triangle, it may consolidate up and down until the case is not over and then once it breaks out we will see ATH very soon.
- We may see it drop as a low as $0.50 before we go back up!!
NOT FINANCIAL ADVICE - INVEST AS YOUR OWN RISK (DO REMEMBER THIS IS A ISO20022 COMPATIBLE CRYPTO - SO VERY HIGH CHANCES FOR MASSIVE RETURNS)
XRPUSDT Long term view.. 7x possible!XRP is on a long term support.
Looks like a cup and handle formation in this long term chart.
I was asked by one of our community member whether to hold XRP for long term.
IMHO You can start accumulating here and DCA.
That's the best strategy for these large caps.
Best range is between $0.46 to $0.60 with a target of almost $3 to $5 (For few years) which is almost 6x to 10x from here...
Many charts coming up.
SO stay tuned and follow me if you haven't yet!
What's your thought?
Dos how your support and hit that like button.
Thank you
XRP SETTLEMENT! January 14th 2022 BOOM!Big explosion coming for XRP by Ripple Labs. Watch out for this one, entire market looks like October/November 2016, total2, bitcoin dominance, ethereum fractals, insane correlations 360°. I've been dedicating hours and hours analyzing hundreds of Alts, some are far ahead like doge, others haven't even started. 2022 is the year of the tiger, prepare for a big 2022 the likes of which we haven't seen in 100 years. All markets are showing a big parabolic phase ahead. Dow Jones, SP500, crypto, metals, bitcoin. Algorand for instance looks more like BNB mid 2018, so it can reach 3.50 next, or BNB 2017 and can reach 25 dollars. It could also be more like XRP October 2016 and reach historic highs to 60 dollars. Though I could be wrong and could blow up like Bittorrent February 2020 and only hit 15 dollars a nice 6x. Some Alts like Doge look promising as well. Doge aims to replicate XRP on the weekly as it nears third, a pump and dump from 23 cents to 70 cents and final wave which could be 1.92 like XRP or if lucky hit 5 to 7 dollars. Band is one of those out of the top 100 that really seems to want to excel dramatically, could continue mimicking ethereum and hit 20 dollars, 45 dollars and 420 dollars in second wave around summer of 2022. How crazy can this market get is anybody's guess but total2 looks primed to expand to insane multitrillion dollar highs. What's a few trillion among friends am I right? Thoughts in the comment section would be greatly appreciate it, don't want to miss anything out there, cheers.
Introduction, and Ripple (XRP) situationHello everyone,
First of all let me introduce myself, I can feel lots of you guys are really lost in cryptoverse at the moment, I will do my best to try and help you guys out with figuring out what the heck is going on! I have over 15 years of trading experience stocks and roughly 4 years in cryptocurrencies, so there is some trading history on my back.
So about Ripple, you either love it or hate it, I personally love it, Ripple is one of not so many coins that actually has some use in world unlike Bitcoin.
I have a hunch, and my hunch is not a GUESS it is based on a lot of things I've been through.
Let's start:
Technical analysis:
Ripple has formed a huge months long triangle as you can see from photo above it got supported where it had to be supported and had ressistance where it was needed as well. If bitcoin behaves, I can almost guarantee you guys this will be one of coins people will regret for not having. HOWEVER, if this support somehow breaks (I would assume bitcoin fell below it's crucial support of 30k) Ripple could experience a dip to some 0.3-0.4 region, which would be no brainer buy.
Also, the most important thing I'm being focused on is the XRP/BTC chart, I'll make another idea later on.
Fundamental:
Ugh, where do I begin, Ripple is constantly giving us excellent news with their technology being implemented somewhere (last was something with UAE if I'm not mistaken). Ripple has enormous community, it's one of the oldest coins and with community still being hyped about it.
SEC
Let's talk about that, I'll keep it short, they're shooting blanks at the moment, SEC in my opinion got lost in their crypto adventure, they have no real proof of anythng they're stating, there are two ways this could go on either Ripple wins, which is not likely as they're 'fighting' U.S. gouverment or they'll go with settlement either of these news is extremely bullish, but WHY. This would mean XRP will be the ONLY really centralised coin, 'approved' by one of the leading gouverments.
Once you connect all of the dots when you combine bullish technical and bullish fundamental news (SEC R.I.P.) you'll get a massive BOOM. Last year, most of the coins achieved their ATH or at least retested previous. Imagine what will XRP do.
If you have any questions, I have some time off work in next few weeks, I'll try to be as responsive as possible.
Let's just be clear, this is ONLY my opinion and not a suggestion, you have to step up and do your own research and learning.
Until next idea,
your TradingInformator!
Decision time for XRP!Monthly chart of XRP VS BTC shows a big move coming, but which way? The ADX & DI shows bull momentum has been building. If it continues to trend up the inevitable pop upwards should follow very closely after.
Things to keep in mind...
This is a mid term hold at the very least and it's also not financial advice. Please do your own due diligence before investing.
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.