XRP - pay attention, there may be a better entry point here!😯The cryptocurrency market is now full of uncertainty. Ripple corrected by 7% after the recent growth, now on the chart locally you can see the wedge pattern, at the moment the price is near its lower border, if the price continues to trade near this border, it could be a signal that xrp will break it and go lower!
Probably the best entry point is when the price breaks through and tests the bottom of the wedge as resistance!
Write in the comments all your questions and instrument analysis of which you want to see.
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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
XRPBTC
The Only XRP Technical Analysis You Need: EMERGENCY UPDATE!!I keep seeing YouTubers "technical analysts" post day after day announcing "bullish signal breakouts" only to post "we failed to break the resistance/target" videos the following day ever since the predicted crash happened in May.
So, let me tell you straight up about the game that's being played here.
They're manipulating you. STOP BUYING THE SHILLS.
THERE ARE NO INDICATORS RIGHT NOW SAYING THAT BITCOIN IS IN A REVERSE TREND.
SO THE ONLY TREND RIGHT NOW IS DOWN. ANYBODY WHO SAYS SO ARE ONLY MANIPULATING YOU TO ELIMINATE COMPETITION WHEN BITCOIN DIPS DOWN TO 20K.
-The price is all below moving average = BEARISH
-Head and shoulder pattern = BEARISH
-The RSI haven't even put any reverse trend signal and still have some space on being oversold = BEARISH
-Blood Diamond pattern forming = SUPER BEARISH
-MACRO AND MICRO downtrend pattern = BEARISH
-Elliot wave still aren't complete for the 5th wave downwards = BEARISH
YES. YOUR FAVORITE YOUTUBER CRYPTO ANALYST IS MANIPULATING YOU. AND YES, THEY'RE PAID BY THE MARKET CREATORS WHICH ARE THE CRYPTO EXCHANGES.
They will shill these coins as bullish to make you buy in at 30-38k BTC range to trap you into spending your money over these false breakout and advice you to buy these 30k dips masking it as "dollar cost averaging advice" so when the real dip happens you'll be out of spending power and that they will have no competition in buying these 90% off sale Alt coins when BTC dumps to 15-20k. Which they will then later shill to you as bullish when they start spiking up the prices for retail traders FOMO kick in.
BTC will go to 20-24k range and possibly lower and it will drag the entire market down with it, I guarantee you. Be patient and don't play their game.
Another interesting XRPBTC fractalSo when trying to understand what the hell XRP is doing, I looked at the chart further back in history.
Then I noticed an interesting fractal pattern early in XRP's history, in the 2013-2014 era, when the coin was still young.
Turns out, XRPBTC back then did something extremely similar. Eerily similar actually, and that although the situation back then was absolutely different.
It did the same doube peak structure, then the fakeout pump, and after that dropping even lower, before then starting to recover and kreeping slowly upwards in XRPBTC for a very long time. Basically it kept creeping up for a year until there was a pretty impressive rally in XRPBTC in the middle of the BTC bearmarket.
This is a rally that many people seem to forget. I don't know what happened back then, even though I was in the market, back then I had other coins and didn't yet understand the utility of XRP.
So XRP can do rallies even in BTC bearmarkets, I assume there must have been some kind of strong bullish news.
The similarity to today is obvious: Depending on when the SEC case is resolved, I assume XRPBTC will be creeping upwards slowly, and then when the case is resolved, BOOM, XRPBTC will see a rally no matter what BTC does. Repeat, no matter if BTC is in a mini bearmarket or if it is at 200k.
I have been following the case, and I think the probability for settlement is extremely high, followed by XRP winning the case. But since the SEC cannot sue other crypto companies if Ripple wins, hence those A-holes won't get funds from penalty fees (yes this is actually the business model of this very cool and absolutely not corrupt UA government agency), they will most likely settle so that they can continue suing. Or Ripple will decide not to settle and crush the SEC, so that the crypto sector is protected in the future from their immoral suing behavior.
Anyways, so depending on WHEN this happens, I assume that we will then see an impressive rally in XRPBTC, and until then a slow creep upwards.
As always, what does this mean for XRPUSD? Well, this of course depends 100% on BTC, so please keep that in mind.
If BTC does the mini bearmarket now, accordinlgy the XRPUSD price will be lower. So for example settlement is reached, XRPBTC starts to rally for 6-8 weeks, peaking at 0.00025-0.0003, and BTC is at only 30k-ish at the peak, we are looking at a top of 7-9 USD.
However, should the case drag out until late 2022, and BTC is then already at 200k, accordingly this means that XRP will surge from a baseline of a few dollars, to around 50 USD.
We must be patient :) But I still believe the reward will be worth it.
Until then, XRP will just follow BTC. So one can trade XRP like BTC.
I think that BTC will revisit 15-20k, so one could sell a portion of XRP now in the bounce to 50k, and rebuy XRP lower when BTC hits 15-20k.
That would be a possible trading strategy.
The Only XRP Technical Analysis You NeedBE CAREFUL ON JULY 5TH, it's almost guaranteed at this point that BTC will test the 20-24k area and also it's possible it will retest the previous all time high of 19k of the previous bull run. We could see BTC try to test the 37k area then continue to go down afterwards.
There will be a few day bounce on the 27k before heading down to 19k-24k range. Then the bull run will proceed after that.
xo
XRP/USDT ( Ripple ) Still have $5 Potential ..?#XRP/USDT TA Update:-
$XRP currently trading at $0.714
And Strong bounced back from strong support at $0.61 Level.
So Now strong holding this level.
So I am expecting again Upward moments.
Target would be $1 and $2
And $5 is not big Target for Ripple if bull in our control.
Also keep an eye on Strong support level.
Support:- $0.61
Resistance:- $1.01/$1.39/$1.97
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RIPPLE (XRP/USD) 10% BULLISH MOVE INCOMING!Hey family!
Chart speaks for itself, didn't have too much time for a full breakdown.
Technical Analysis Prediction for Ripple (XRP/USD).
> INVERSE HEAD & SHOULDERS FORMATION
> PENNANT FORMATION
> REVERSE 'M' FORMATION
> BTC POSITIVE BULLISH PRESSURE
> USING STRONG DEMAND ZONE
Love, peace, Seb.
XRP - Where is it now?XRP is going through a very healthy downtrend channel.
Unlike most of the coins in this market such as Bitcoin and Ethereum, It hasn't formed a very strong bearish flag or pattern.
But it doesn't mean that it's gonna pump or anything because honestly, everything depends on Bitcoin's decision right now which is a whole different topic to talk about:
Overall, it's not a very good time to buy. also don't open any long positions right now since the market is super fragile.
Current Market Price: $0.6075
Good Luck
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XRP Divergence and Trend AnalysisXRPBTC is showing a bullish divergence
While XRPUSD is struggling to hold above 0.5 Fibonacci retracement level
I believe this level will hold and XRP is headed a lot higher, it just may take some time. The bullish divergence on the BTC pair is evidence for this assumption.
XRP Bottom .28-36c by mid-July -> Explosion Early Aug to $5 - $7Decided to use a little math on this chart and found the bar distance between optimized buy (green vertical) and sell (red vertical) zones from historic price charts paired with understanding that XRP / USD breakout's occur when the price exists the 8/1 Gann Fann on 5/5 of the previous parabolic explosions. The distance between 2017 ATH and each separate bull run became shorter in bar time and is now expecting to see a parabolic run to $5-$7 in August which aligns with a fundamentals of JED MC Tacostand Wallet running out of XRP and the lawsuit to reach settlement and end price suppression.
XRP - That is what is happening!!! 🚀🚀Update on Ripple!!!
After a long trade in the area, xrp fell 35%, broke through the $0.65 support level, gathered liquidity below the $0.52 level, and bounced back to the $0.65 level. The price has now squeezed near that resistance level.
I think the price could break this resistance level and move up into the value area, I am now looking for entry opportunities.
Guys, don't forget about stop losses, it will save your money!
Write in the comments all your questions and instrument analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Ripple’s 30% rally bows to selling pressure under $0.7
Ripple gained ground to $0.67 after the massive weekly selloff to $0.52.
Overhead pressure under $0.7 results in a retreat to $0.6.
The MACD reveals that XRP is still in the bulls’ hands.
Ripple suffered greatly under the battering jabs from the bears at the beginning of the week. The feared downfall to $0.5 occurred as XRP tumbled to $0.52.
Meanwhile, a recovery followed swiftly, with Ripple gaining the lost ground above $0.6. The bulls stretched the up leg toward $0.7, but the momentum lost steam at $0.67.
At the time of writing, trades at $0.62 following a minor correction. Holding support at $0.6 is crucial for the resumption of the uptrend. However, Ripple may retreat further before bulls throw another jab at $0.7.
Ripple’s weakening on-chain metrics could be hindering recovery
On-chain metrics play a key role in the performance of most crypto assets. Understanding the signals from the metrics helps investors make informed decisions.
According to data from Santiment, the number of new addresses joining the XRP has dwindled over the last 30 days. Moreover, the XRP price has been falling in tandem with the addresses. For instance, from a 30-day high of nearly 4,800 addresses created on May 24, only 2,055 addresses were created on the network on June 23.
On May 24, Ripple exchanged hands at $0.86, but the price had fallen to $0.64 on June 23. Declining network growth is usually a bearish signal, ascertaining that the project is losing traction. Hence, if the metric fails to turn around, XRP price will likely delay recovery or continue exploring the rabbit hole.
On the flip side, the Moving Average Convergence Divergence (MACD) hints at the trend remaining in the bulls’ hands despite the correction from $0.68. Realize that the bullish outlook emanates from the MACD line (blue) sustain the divergence above the signal line. Besides, holding above $0.6 support may allow bulls to focus on recovery toward $1.
Ripple price intraday price levels
Spot rate: $0.62
Trend: Bearish
Volatility: Low
Support: $0.62 and $0.52
Resistance: $0.7 and $0.85
XRP breaks down crucial support, need some bull power here!I was hoping XRP would hold crucial $0.69 support level and it is not below 200DMA. It doesn't look good at the moment, there is some buying and its up 16% so far, but it has to close above $0.69 area in coming days to invalidate its current bearishness. BINANCE:XRPUSDT
2017 price correction VS 2021 price correction Are we still on track or is it all doom and gloom for XRP? Buying them dips - 2 XRP for $1 sounds all right to me... Most people here from 2017 are still 100-200% up / all the noob retail investors from 2021 have been burnt for getting in at $1.60+ - is this a SHAKEOUT or is it going lower? Time will tell.
We can all see that BTC is holding support and the narrative/regulation "GREEN/CARBON NEUTRAL" story line / agenda is coming into play. Who wins there? RIPPLE - carbon neutral and working with regulators past 8 years... HOLD TIGHT, its been a bumpy ride but we will get there!
XRP BULLISH LONG!! PERFECT RETEST OFF BREAKOUT!! BOTTOMS INBE GREEDY WHEN OTHERS ARE FEARFUL! THIS IS WHAT I SEE FOR XRP IN THE COMING DAYS. NOT FINANCIAL ADVISE. This is what I see happening for the next few days. I didn’t think we would drop this low but now we see a clearer picture of what’s going on. Not financial advise. Let’s go.
XRP/BTC Pair Back testing the 200 Day SMA Following Golden CrossEven with all the blood in crypto markets currently, most major alts look healthy against the BTC pair.
Altcoin dominance is still steadily climbing, and the secondary trend of the crypto market seems to be showing us alts are still the play.
Last time XRP had a golden cross that held support in 2017, we saw XRP follow up with 2600% returns on the BTC pair.
This time around, if we can achieve a similar satoshi price we could see another 1200% gain in XRP against BTC.
It will be crucial for XRP to hold the 200 Day as support, so the next few days will be important to watch.
The only outliers we have of this not playing out is XRP breakout in December of 2020 followed by the bearish SEC news, and the failed golden cross in September of 2016.
Other than that, history might not be repeating identically, but it definitely rhymes!
Stay tuned!
- CA$HLESS