XRP/BTC: Overview!!!XRP forming a big shoulder head shoulder in weekly timeframe and big news are incoming in the next weeks to months.
Don't missing XRP in your big radar. XRP will make a big explosion soon!!! As I'm more enfocous in Cardano. I will take XRP in my eyes in my radar.
I don't hold XRP, but one thing that I thinking it's bought XRP or just use part of my Cardano to build XRP portfolio now. For example: Change 2,000 ADA coins to get approximately 5,000 XRP coins. This could be a good plan chang 2,000 ADA. And also, I thinking to build a portolio of another altcoins like ICON, Enjin Coin adn much more others cryptocurrency in my radar.
These are my top cryptocurrencies in my radar:
1. XRP
2. Tezos
3. ICON
4. Enjin Coin
5. Polkadot
6. SushiSwap
7. MATIC
8. NEO
9. Synthetix
10. Chainlink
These are my top 10 altcoins to watch in my big radar and interesting good fundamental analysis that you must to know. In part that Bitcoin, Ethereum and Cardano are the top 3 best and hot cryptocurrencies. So, I thinking to choose some of these altcoins to accumulate now!!!
XRPBTC
XRP - once this area is broken down, the fall could continue 😱Bitcoin has cheated the whole market and the price has now corrected by 5%. As all altcoins correlate to bitcoin, most coins have fallen in price by 5 - 10%. Ripple has also corrected by more than 5%. The price is now near an important support zone.
But we do not see a good reaction and buying strength. If the price breaks this area, it is very likely that the next stop will be at 1$ and below. A good opportunity to sell would be after a squeeze, breakout, and retest of the marked area as resistance.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
XRP major move soon!Hello IWealth Here, I have been Trading and Teaching for 7 years. and im happy to share my idea that could help you in the crypto space.
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Xrp is right on major trend at 1.05-1.10, if this level hold we can go up to 1.22$. There is a massive triangle squeezing in this price action before a large move either to upside of 1.40-1.60 or .70-0.90$ Please be careful! wait for the price to break and confirm the breakout
XRP Bull Pennant Targeting $2.32 Short TermBasic TA right here, measure the length of the flagpole in percentages, and add that to point of the expected breakout!
Simply put, as shown in the chart the measured move for a breakout of the bull pennant takes us to $2.32.
I expect XRP to run much higher by end of year, but the short term target takes us up to $2.32 which would mark a new high on the year as well.
If we can make a new high, I would expect XRP to continue to run!
- CA$HLESS
XRP (XRP) - August 24Hello?
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(XRPUSD 1W Chart)
If the price is maintained above the 0.71097-0.88410 range, it is expected to create a new wave.
(1D chart)
It remains to be seen if the uptrend can continue as it consolidates at the 1.18894-1.53490 section.
Two downtrend lines cross the 1.40290-1.53490 section.
Accordingly, the primary resistance section is 1.40290-1.53490 section.
If an upward breakout of the primary resistance section is made, we expect to re-determine the direction at the 1.88926-2.00598 section.
If it falls in the 0.48862-0.60534 range, it is possible to enter the mid- to long-term investment zone, so careful trading is required.
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(XRPBTC 1W chart)
If the price is maintained by rising in the 653 satoshi-2365 satoshi section, which is the bottom section, it is expected to turn into an uptrend.
This upward trend is expected to create a new wave by rising above the 4264 Satoshi point.
(1D chart)
We'll have to climb to the 2715 Satoshi-2963 Satoshi section and see if we can reorient ourselves.
If it goes down, we should see if it finds support in the 2220 satoshi-2365 satoshi range.
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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 it is in an uptrend or in a downtrend, 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 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 the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** 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.)
** See support, resistance, and abbreviation points.
** 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.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(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.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
Xrp monthly timeframe Notable!Hello!
Looking at XRP/BTC on monthly you can see that the price has made a quite big base on the price. Xrp has been consolidating for a long time. Actually 2 years now! That is a long time in crypto. I'd say there is big holders here on these levels waiting.. Patiently..
-Notable is the possible head and shoulder pattern. I did put the blue arrows for thats target.
-Big volume indicates that the bottom is in.
-I made the 50 EMA (brown one) little bigger so we can see its importance and how the price has been respecting it. (Red arrows)
I think this one is preparing for a big move. Usually after this long consolidations there is pressure engorged and it must get out somehow. Will see. This is just speculation.
Check out my Monthly Ethereum analysis back in november 2020
When/if we see a break from the 50 EMA and the key level which i marked this can move really quickly 180% against bitcoin like we have seen Xrp do many times
I am starting to look possible longs for this one. With tight stop loss ofc
Always use stop losses or you will get your ass burned!
N.1 mistake traders do is not to use them
-Jebu
Ripple XRPUSD - Elliott wave + HUGE ascending channel!- On the chart we can spot an Impulse Elliott Wave and ascending parallel channel!
- As you can see we are currently at the 5th wave to the upside, which can be huge!
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- The coin started this uptrend by the Head and Shoulders pattern.
- Target is top of the channel or 1:1 fib extension!
- New all time highs are near than you think.
- The volume is decreasing, which means, that a big explosive move is coming!
- If you want to see more of these ideas, hit "Like" & "Follow"!
XRP Gearing Up For Explosive MoveHello IWealth Here, I have been Trading and Teaching for 7 years. and im happy to share my idea that could help you in the crypto space.
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XRP is forming a symmetrical triangle and it has been rising for the past week. It is cooling off and consolidating with a another potential for a leg to the upside of around $1.50-1.70!
XRPUSDT Technical Analysis
Welcome back Traders, Investors, and Community!
XRPUSDT has broken above the resistance and the triangle. It will go down for a retest and Pullback then it will go up.
⬆️Buy now or Buy at 1.1900
⭕️SL @ 1.0800
✅TP1 @ 1.2900
✅TP2 @ 1.3400
✅TP3 @ 1.4000
✅TP4 @ 1.5600
✅TP5 @ 1.7500
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