Where will XRP go?XRP is potentially forming a bat harmonic pattern which will end in 0.2042. As we can see we have just rejected the 0.382 Fibonacci retracements and currently in the descending triangle. We might have a few more swing before decided to go lower. As long as we didn't break above the 0.382 retracements, the downside target will remain. The potential reversal zone will most likely be the last target before the bull run starts
Xrpchart
PARABOLIC TRAIN DERAILED OR TO THE MOON!?So we are in a critical zone for XRP to make a move and continue this parabolic rise!
We had pushed off blue zone support between 26-27 cents all the way up to red circle zone between 29 and 30 cents. If we can't break above this level prices will come down further.
I'm confident we will move higher but we must keep in mind for the possibility of a continuation to the downside.
Daily timeframe we are still above the cloud and still in parabolic parameters for lift off. That being said the current zone the next major move of the market.
Daily Timeframe:
Ripple Coin (XRPBTC) Ready To Take offHello Everyone,
Is chart me aap dekh sakte hai humne analysis kiya hai Ripple coin ka,
Xrp kafi time se downtrend me hai chart me agar aap dekhe to parallel channel downtrend me aapko dikhayi dega,
Support line ko already hit kiya hai next target hai resistance line and sabhi target chart me bhi mention hai,
Channel ke andar hi aapko falling wedge pattern bhi dekhne ko milega jiska breakout jaldi hi ho sakta hai and bullish divergence bhi aap dekh sakte hai,
Ye sabhi chijo ka combination bol raha hai xrp very bullish now but entry karne se pahle own research bhi kijiye and SL ko mind me rakh kar hi trade kijiye.
Our previous success analysis:
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Global Rashid
The Guide To The Right Path
$XRP Might Gonna Have Another Wave, Do You Even Believe It?So the very first time that i see the chart is quite skeptical. Why let me show you in a brief explanation below:
1. Price action trend in very short term time frame has broke the trend line, which means the only thing that holding the price is only momentum.
2. This makes me think more downward is coming to hit. How far? we can see as the first support around 7k-8k sats and then we're straight to 4k sats. Which means at the very worse scenario, my bet is that we will be around minus 45 percent.
3. ADX trend and MACD shows different opinions. It looks like XRP just having chill on the trend by manage to keep the price stable on 8k+
4. Which means by these two indicators, I might strongly believe we might have a limited bullish wave.
5. If I wanted to compare with the price action indicator then it will be 60%:40%. 60% up and 40% down
That's my bet. What's yours?
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