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XRP Cup & Handle forming bull-flag pattern with Fibonacci. If you've followed my charts, then you've certainly seen the cup & handle pattern that I identified many months ago in XRP. Although the breakout wasn't as spectacular as many of us had hoped for, it seems a pattern is forming within the pattern. The bull-flag, in combination with the Fibonacci sequence, and the upper trendline of the 'XRP is not a security' rally high, may be a good combination for traders to utilize in order to plot their next long position. Good luck, and always use a stop-loss!
Long
by MetaShackle
XRPH looks to have bottomed.XRPH (XRP Healthcare) is the first healthcare project that has been built on the XRPL. It has been falling like a waterfall for quite some time now, but looks to have bottomed, and possibly even started the process of breaking out. Limited to 100 million tokens, and you can stake those tokens in the XRPH wallet available in the Apple Store, and Google Play, to get from 20% for 6 months, and 25% for a year. Do your research first, but I think that this could be a great investment over the next 5 to 7 years, and we are definitely early, as this token is only listed on very small exchanges, and is only available in spot markets, and isn't available in futures anywhere, which makes for much better price stability. This isn't investment advice, just my opinion. Good luck, and always use a stop-loss!
Long
by MetaShackle
2
XRP and the coming new all-time-high.XRP's price has been lagging behind the market, but it makes sense as Ripple has admitted to dumping XRP on retail's head during the rallies. As it stands, the selling of XRP is Ripple's only way to raise capital. However, XRP still remains the only single cryptocurrency on the entire market that has legal clarity. Not even Bitcoin has this, even though it is falsely touted to have such by Bitcoin shills all over the internet. Once the lawsuit is finished, there will be nothing standing in the way of XRP finding true price discovery, and people who have gained massive amounts in other cryptos will be taking profits out and reinvesting them in undervalued assets like XRP. I see a short squeeze from hell coming to XRP very soon! Good luck, and always use a stop-loss!
BINANCE:XRPUSDLong
by MetaShackle
Massive wall of sell orders in XRP between current price and .68As of this post, there's a MASSIVE wall of sell orders between the current price, and the .68 cent level in XRP. This will be challenging to get through without some volume on the buy side, but if that buying volume does roll in, these sell orders will provide the liquidity required for those buys. If XRP bulls do manage to clear out this area of sell orders, and drive the price up, we could see a nice squeeze around the .70 cent level as shorts panic to exit their positions. Good luck, and always use a stop-loss!
Long
by MetaShackle
5
XRP is well on it's way to making gains that will shock people!XRP has been lagging behind the majority of the market for quite some time since the recent breakouts began market-wide, but this is, has, and will continue to be the case until it isn't. XRP has always had a knack for taking its time while other cryptos fly, then suddenly making up that ground in a matter of hours or days. XRP is going to make gains over the next few years that will shock even those with the most ridiculous price predictions. With everyone screaming "XRP is trash," "I sold all my XRP and I'm so happy about it," now is the time to be positioned for the inevitable rise to come. Remember, 90% of investors/traders lose money, so doing the opposite of the crowd will put you in the 10%. Be the 10%! Good luck, and always use a stop-loss!
Long
by MetaShackle
XRP Price Eyes $0.70 TargetCRYPTOCAP:XRP , the digital asset associated with Ripple, has recently witnessed a significant uptrend, reaching a new 2024 high of $0.65. Amidst this surge, developments in the ongoing SEC v. Ripple lawsuit have added complexity to CRYPTOCAP:XRP 's price dynamics. Ripple's Influence on XRP Price: Attorney Bill Morgan, a Ripple proponent, suggests that Ripple's influence on CRYPTOCAP:XRP 's price may gradually diminish as the payment remittance firm's holdings decrease. Ripple's strategic move to lock nearly 55% of CRYPTOCAP:XRP supply in escrow aims to enhance predictability and reduce volatility in the market. This development could potentially mitigate negative impacts on CRYPTOCAP:XRP 's price, fostering stability and investor confidence in the altcoin. Technical Analysis and Price Outlook: CRYPTOCAP:XRP 's price momentum remains bullish, with the altcoin surging towards its December 2023 peak of $0.70. Technical indicator, including the Moving Average Convergence Divergence (MACD), support CRYPTOCAP:XRP 's recent gains and reinforce the bullish thesis for the altcoin. To sustain its upward trajectory, CRYPTOCAP:XRP must surpass resistance at $0.6501 and establish it as a support level. Additionally, the altcoin could find support at the 78.6% Fibonacci retracement level of $0.6148 in the event of a price decline. Legal Developments and Market Sentiment: The ongoing SEC v. Ripple lawsuit continues to influence market sentiment and investor confidence in XRP. As legal proceedings unfold, clarity on XRP's regulatory status could potentially alleviate concerns and pave the way for broader adoption and investment. However, uncertainties surrounding the lawsuit remain, underscoring the importance of monitoring legal developments and their impact on CRYPTOCAP:XRP 's price dynamics. Conclusion: CRYPTOCAP:XRP 's recent surge to new highs reflects both positive market sentiment and strategic developments by Ripple to enhance the altcoin's stability and predictability. While legal uncertainties persist, XRP's resilience and bullish momentum position it as a formidable player in the cryptocurrency landscape. As investors navigate the evolving regulatory landscape and market dynamics, XRP's trajectory will continue to be shaped by legal developments, technical indicators, and broader market trends. Amidst this dynamic environment, staying informed and vigilant is crucial for assessing XRP's potential and navigating opportunities in the crypto market.
Long
by DEXWireNews
XRP Cup & Handle is playing out PERFECTLY!The XRP Cup & Handle formation that I identified a while back is progressing very nicely on the daily. It has now broken out of the handle formation, and will most likely be working toward the upper rim line at the .5744 level. Once broken, we can reasonably assume that XRP price will continue it's bullish move to the .6155 level, and the .6496 levels respectively. Good luck, and always use a stop! *** I apologize for the repetitive post. Tradingview has taken this chart down twice now.
by MetaShackle
XRP showing a beautiful cup & handle pattern on 4hr/Daily chart.XRP is showing a very nice cup & handle pattern on the 4hr, and hourly chart. I think we could see a very powerful breakout in the coming weeks. If so, this could trigger a short-squeeze that literally blows people's minds, as a large percentage of XRP is being held short right now. There's also a nice bullish divergence in on the hourly chart that I'll show in the comments below. Always trade with confidence, never trade with fear, and always use a stop!
Long
by MetaShackle
2
XRP's rally today isn't the real breakout, but it's coming soon!Bitcoin bounce hard today taking out the 50K psychological barrier. Many alt-coins followed as well. Some like XRP rallied a little bit, but not too much. Why? Because, the money inflows right now are mainly focused on Bitcoin, and a few altcoins, but when the Bitcoin rally runs enough, cash will flow into cheaper alternatives. XRP is showing a bearish divergence on the hourly chart, which most likely is indicating that the price action will fall back to, or near the lower trend line on the chart above. This same pattern played out not to long ago, and will likely repeat, as the people that missed today's rally will be looking for an entry point if/when it pulls back, and the additional money inflows will cause each following run to gain momentum until it ultimately breaks through the upper trend line, pulls back, bounces off it, then runs for a nice gain. This is just my opinion, and in trading there are no guarantees or absolutes! Good luck, and always use a stop. #NeverFOMO
Long
by MetaShackle
3
The XRP hourly chart showing a bearish divergence.The crypto market as a whole has been moving up nicely recently. XRP has gained some ground, even though it hasn't moved near as much as most other cryptos. It is now showing a bearish divergence on the 1 hour chart, which could be a sign we're going to see a pullback. I'd recommend caution here regardless of the cryptos you hold, just because we've seen seen many of them move significantly as of recent. Keep your eye on Bitcoin to be your primary indicator. Good luck, and always use a stop loss.
Long
by MetaShackle