XRPBTC
How XRP gets to $11 - It's just MATH 📈Hi Traders, Investors and Speculators of Charts📈📉
In today's post we're going to take a look at future potential prices for XRPUSD / XRPUSDT . Things are going to get very technical as this will require a lot of math - we're not just guessing or making up numbers here, and I want to prove this to you by taking you through the process of future speculation step by step. Things we'll be considering includes:
👉 XRPUSD LOWS and HIGHS for a specific period*
👉 BTCUSDT LOWS and HIGHS for a specific period*
👉 XRPUSD increase for a specific period*
👉 XRPBTC increase for a specific period*
*the time period we're looking at will be THE SAME across XRPUSD, BTCUSD and XRPBTC . This period is the weekly timeframe starting from Mon 4 DEC 2017 until Mon 1 JAN 2018. We'll be using Bitstamp USD charts to make sure the price percentages are related.
⭐ BITSTAMP:XRPUSD ⭐ BITSTAMP:BTCUSD ⭐ BITSTAMP:XRPBTC
Let's start by taking a look at the XRPUSD highs and lows during this period:
THUS, During the weeks of 4 DEC 2017 - 1 JAN 2018, the price of XRP increased from &0.19776 to $3.33063 . This results in an XRPUSD increase of 1585.41% exactly .
During this time, the XRPBTC price went parabolic. Let's look at it here: I had to cross check it on BITFINEX BITFINEX:XRPBTC , because the lows on Bitstamp seems bugged, (def not 0.000001) :
THUS the XRPBTC price increased by 1823.15% exactly.
NOW, Let's look at the BTCUSD prices during that period. Again looking at the weekly candle closes. ( Please ignore the other numbers on the chart, that was part of another analysis, we're just looking at the candle lows and highs here):
THUS:
The BTCUSD price was $10850 when XRP was on $0.19776, MON 4 DEC 2017.
The BTCUSD price was $17235 as XRP was on $3.33063, MON 1 JAN 2018.
To make sure we're still on the same page, the parabolic jump on XRP happened between the weeks of Mon 4 DEC 2017 and peaked on Mon 1 JAN 2018.
AND FINALLY, we're heading towards the calculation. We want to know, what could the price of XRPUSD be in the future if such an event were to occur again, where XRP gains against BTC like it did during Dec 2017 - Jan 2018. We can use multiple entry prices for BTC and XRP, but let's start with BTCUSD on FWB:25K and XRPUSD on $40c (slightly lower than recent prices) :
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Current BTCUSD price: $25,000
Current XRPUSD price: $0.40
XRPUSD gain: 25865%
XRPBTC gain: 1823.15%
To calculate the future potential price of XRPUSD:
Calculate the future price of XRPBTC:
XRPBTC future price = XRPBTC HIGH * (1 + XRPBTC gain)
= 0.00002298 * (1 + 1823.15%)
= 0.00002298 * 19.2315
= 0.00044187 BTC
Calculate the future potential price of XRPUSD:
XRPUSD future price = XRPBTC future price * BTCUSD price
= 0.00044187 BTC * $25,000
= $11.04675
THUS, if a similar scenario were to happen again with BTC at $25,000 and XRP at $0.40, the potential future price for XRPUSD would be approximately $11.04675.
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SCENARIO B, JUST AS EXAMPLE : Let's use different current prices for BTCUSD and XRPUSD: We'll take a look at the prices for XRP and BTC when BTC made it's ATH of SWB:69K :
🔰🔰🔰
Current BTCUSD price: $69,000
Current XRPUSD price: $1.23079
XRPUSD gain: 25865%
XRPBTC gain: 1823.15%
Calculate the future price of XRPBTC:
XRPBTC future price = XRPBTC HIGH * (1 + XRPBTC gain)
= 0.00002298 * (1 + 1823.15%)
= 0.00002298 * 19.2315
= 0.00044187 BTC
Calculate the future potential price of XRPUSD:
XRPUSD future price = XRPBTC future price * BTCUSD price
= 0.00044187 BTC * $69,000
= $30.41303
THUS, if a similar scenario were to happen again with BTC at $69,000 and XRP at $1.23079, the potential future price for XRPUSD would be approximately $30.41303 .
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💭FINAL THOUGHTS💭
I'm using the cover Fibonacci Retracement from a macro perspective (ATH till ATL) to just look at the Fib Extensions for interest sake and to see if anything overlaps. Notice how $11 is at the 3.618 EXACTLY. This is the kind of confirmations that holds weight, considering how valuable the .618's are when looking at Fibs. It's important to note that I'm not saying this is going to happen overnight . I'm not saying rush in and buy now . As you all know, I believe in the fundamental arguments for XRP altcoin, I've made many many videos about it in the past which you can go look up. This is simply using past occurrences to speculate a future potential outcome in a way that holds much more weight than just guessing - by using actual data from past occurrences.
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CryptoCheck
XRP LOOKS BULLISHHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the XRP symbol.
For risk management, please don't forget stop loss and capital management
It seems bullish. The targets are inserted on the image. Don't forget capital management and stop setting
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
XRP/USD 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this XRP/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- XRP (formerly Ripple), moved to a one-month high on Saturday, as bulls began to gradually renter the market.
Following a low of 0.4614 on Friday, XRP/USD raced to a peak of 0.4777 earlier in the day.
As a result of the surge, the token climbed to its highest level since April 30, when it was last above 0.4800.
the move came as XRP bulls broke out of a key resistance level at the 0.4750
This occurred as the relative strength index (RSI) also moved beyond a ceiling at the 57.00 mark.
the index is now at a reading of 58.18, with the next target for bulls potentially at 62.00.
Hit the like button if you like it and share your charts in the comments section.
Thank you
XRPUSDT ARE you rdy ? 😉🧨The cryptocurrency that I analyzed for you
It is one of the favorite currencies of the American government and banks because...
This currency code is generated from interbank transactions and only banks can generate it, so this currency code is actually for the banks themselves, but people don't know.
Now let's go to the analysis of the trend
The cryptocurrency trend is upward and will give at least 100% profit to its investors.
The target it will see will be $0.9171.
Why I'm Bullish on XRP: EXTRA for ExpertsHi Traders, Investors and Speculators of Charts📈📉
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 🏫
If you have been following for a while, you'll know I have strong feelings for XRP. (just kidding), but I do believe in the fundamental arguments for XRP, as I have pointed out many times in the past on the videos.
But unfortunately, as it goes with XRP, the price hardly moves... Today I take a deep dive into the charting, and explain why I believe upside is finally on the horizon for XRP from a technical perspective.
Tomorrow I'll update with an XRPBTC view as well as a technical indicator analysis.
_______________________
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We thank you for your support !
CryptoCheck
CRYPTOCAP:XRP BINANCE:XRPUSDT BITSTAMP:XRPUSD BINANCE:XRPUSDT.P KUCOIN:XRPUSDT BITFINEX:XRPUSD BINANCE:XRPBTC BINANCE:XRPBUSD
XRP, BTC 🌤️ BNB To Drop? 🌧️🤔Sunny weather with a few scattered clouds lies ahead for the global crypto market, including Ripple and Bitcoin, in the next 24 hours, according to ATTMO. 🌤️ This means that a slightly bullish market with upside potential is likely.
The crypto markets might move into positive territory as talks on raising the debt ceiling between the US President and the House of Representatives speaker resume and investors bet on a deal.
Over a one-week horizon, ATTMO expects cloudy weather for Bitcoin and Binance Coin, translating into a slightly bearish trend with downside risk. ☁️
Follow us to stay updated with more crypto weather insights and reports!🌩️⛅🌈
XRP CAN DROP MOREHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the xrp symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
XRPIn our EXCAVO Family Chat recently, I was asked what I thought about XRP. I've been asked this question for years. It is clear to many crypto people that XRP has little to do with blockchain, smells like a scam, ex-CEO who sold the token in huge amounts, a lot of conspiracy science, the Settlement with the SEC.
But also with that, the company has a lot of partnerships almost every week. You can go in and look at their Twitter feed.
And also we can't forget about ISO 20022, which is an international standard developed by the International Organization for Standardization (ISO) that defines the format and content of messages used to exchange financial information between participants in the financial markets. It was designed to replace older message formats, such as SWIFT MT and Fedwire, and provide for more efficient and accurate exchange of financial information.
I'm not a big fan of this project, but it's always on my radar. 'Cause I've already made good money on it a few times
Best regards EXCAVO
🔝XRP +200%💥What Is XRP?
XRP is a digital asset built for payments. It is the native digital asset on the XRP Ledger—an open-source, permissionless and decentralized blockchain technology that can settle transactions in 3-5 seconds.
XRP can be sent directly without needing a central intermediary, making it a convenient instrument in bridging two different currencies quickly and efficiently.
How Is XRP Used?
Faster, less costly and more scalable than any other digital asset, XRP and the XRP Ledger are used to power innovative technology across the payments space.
Ripple is focused on building technology to help unleash new utility for XRP and transform global payments. Third parties are also pursuing other XRP-related use cases.
XRP/USD 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this XRP/USD 1DAY chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-XRP, formerly Ripple, was once again in the green, as the token continued to move away from a recent price floor.
Following a low of 0.5092 on Thursday, XRP/USD rose to a high of 0.5438 earlier in the day.
As a result of today’s move in price, XRP moved to its highest level since March 29, when the token hit a then eleven-month high of $0.5848.
From the chart, it appears that one catalyst for the move was the 14-day RSI bouncing from a floor at 57.00.
Price strength is now tracking at 62.97, which is marginally below a point of resistance at the 63.00 mark.
At the time of writing, XRP is trading at 0.5274, which is slightly lower than its earlier peak.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
XRPusdt 1W trend line and next moveAccording to the chart, we are in the important range of static and dynamic resistance of the trend line, and with the failure of this area, we expect the price to increase, otherwise the downward trend will continue until the support area.
Its not Buy or Sell SIGNAL
DYOR
BY : M.TeriZ - @AtonicShark
Ripple's Mid-2023 Move: A Bold Step Forward or a Risky Gamble?I strongly believe that XRP may experience a temporary downward trend before making another significant surge.
Upon conducting a thorough analysis of XRPUSDT and XRPBTC, I have developed opinion that XRP may experience a temporary downturn before experiencing another substantial surge.
Repeating history cycles in trading is a well-known phenomenon. Market cycles, which refer to the periodic recurrence of trends, are a characteristic feature of financial markets. These cycles are driven by a range of factors, including economic indicators, political events, and technological advances, among others. While the duration and intensity of market cycles may vary, patterns tend to repeat themselves over time.
Based on my analysis of the Relative Strength Index (RSI) and the price range (channel), I believe that XRP may experience a temporary dip before potentially rallying from 0.5. It is important to note that this rally may occur without significant retracements down to 0.23, as I previously indicated in my earlier update.
It is essential to exercise extra caution in light of the current market conditions, where traders and investors are not as prone to FOMO (fear of missing out) as they were in 2017. As a result, any temporary dip could potentially be smaller than anticipated, just as the rally could be relatively moderate.
At least 10% growth of XRP by Inverse H&S Pattern🚀Since XRP is one of the cryptocurrencies that has the lowest correlation to Bitcoin, it has always been attractive to me as a trade. (correlation of XRP to BTC=0.54)
XRP was able to break the 🔴resistance zone($ 0.53-$ 0.521)🔴 with the Inverse Head and Shoulders pattern .
I expect XRP to move towards the next 🔴resistance zone($ 0.586-$ 0.5738)🔴 based on the double channel strategy after the pullback is completed.
XRP Analyze ( OKX:XRPUSDT ), 2-hour time frame ⏰.
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.
Xrpbtc breaking up from 6 month descending channelThe green descending channel that xrpbtc is currently breaking up from it has been inside for the last 6 months or so. The breakout target of the channel should lift xrpbtc priceaction above bothe the weekly 200ma(in blue) as well as the daily 200ma(not shown here). If it finds a way to break up from the symmetrical triangle it can rise all the way to .00006. *not financial advice*
XRP - Where are we headed?📈📉In today's big brain analysis, we'll be breaking down the infamous altcoin XRP. Let's dive right in...
XRP seems to have slowed down at long-term supply levels kicking in around ~0.58 which is exactly what we want to see for a healthier continuation of this 2023 rally.
The crypto market as a whole has shown a lot of resilience throughout last year so it would not be wise to enter any substantial downside plays in this market, at least until ES and NQ break major demand levels to show a potential new low coming.
With that being said, we rejected the key supply at ~0.58 on 03/29/23 and are yet to retest that level.
It is very possible that this supply level will hold up for a significant amount of time.
However, the weakness in the last 10 days gives us a nice pullback for continuation to the upside off of this ~0.49 demand zone.
Our main watch should be longing for the retest of supply at ~0.58 until demand at ~0.49 breaks.
It is also important to note that volume during the last few days has been very low which explains why we haven't gotten a significant move during this period.
Bullish Case: you want to see this ~0.49 hourly demand hold, volume to start building up here, and strength off this demand to retest hourly supply around ~0.58
Bearish Case: you want to see volume kick in on the downside and break hourly demand at ~0.49, show further weakness, and look for a retest of ~0.49 for further downside
As always, NONE of this is financial advice. Trade, and invest at your own risk. This is for educational and entertainment purposes only, and we are in no way shape or form financial advisors.
Eyes peeled out there team. See ya in the next one.
XRP - Keep an eye on this level!Here's a quick look at the 2 hr. XRP chart.
The idea is: Buy when the price breaks above 0.516$ and take profits at the levels shown in the chart.
Targets:
1. 0.52$
2. 0.525$
3. 0.532$
4. 0.545$
5. 0.555$
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Recent Altcoin trades:
ARB / USDT: 5% profit
DOGE / USDT: 20% profit
XRP / USDT: 9% profit
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BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!