Bullish divergence detected in the XRP chart.XRP is exhibiting a very nice bullish divergence on the daily chart.
HODL!
Xrpl
A nice inverse head & shoulders pattern has formed in XRP.XRP is arguably the most hated crypto in the space right now, but it's forming a very nice inverse head & shoulders pattern on the hourly chart, and has just crossed the neck line. We could see a really nice rally right here if it holds above that neckline, if so, it may pull back to it, then bounce off it like a trampoline.
Other cryptos have been having nice rallies today, I think XRP might get it on a little of the action today.
Good luck, and always use a stop loss.
Warning! XRP looks like it's about to fall of a cliff!XRP has dropped below the bottom descending wedge trend line, and is now in very dangerous territory! If price fails to get back above the lower trend line, it looks like XRP will literally sh@t the bed, and fall off a cliff! If this is the case, we could see XRP in the lower .40's quicker than you think.
Selling into the market by short's opening short positions, forced liquidations from spent long positions, and panic selling by investors/traders who bought in the mid .50's hoping for a rebound, may cause 'The Perfect Storm!'
This will be very interesting to watch!
XRP may attempt to make a move to the .6239 level.XRP has of late been lagging behind many other popular cryptocurrencies, which has disheartened many long-term investors, causing them to abandon the XRP ship they've long treasured. I hold and am still adding to a long-term position that I will likely hold for many years to come, even though I am generally more of a day/swing trader than I am a long-term investor. But the charts do seem to now be showing the potential for a move to around the $0.6239 level.
XRP is one of those cryptos that likes to drag its feet until nobody is paying attention, then it makes a sudden, massive and unexpected move. Right now, with sentiment turning from positive obsession to sheer and utter frustration, in my opinion, could quickly turn into one of those times when XRP just kicks the doors off the charts and makes a large move very quickly!
Even though I'm bearish at this point overall, as a trader, I always keep my eyes open for potential profitable trades. Traders must be flexible and malleable to be successful, as trends tend to pop up out of nowhere and/or reverse on a dime. Not being willing to ditch an old idea, theory, or strategy and embrace change will keep you watching rather than participating.
Good luck, and always use a stop!
XRP WILL DROP 63% IN THE NEXT 45 TO 60 DAYS! Everyone is expecting the Bitcoin EFT to jolt crypto prices to the moon. This simply isn't going to happen. The mainstream media, and stock pundits have been extremely bullish about it, which is a sure sign that they are positioned, or positioning for the inevitable crash to come.
You can see the fractal pattern clearly in the charts, although exact ending price points, and turnaround dates of any massive drive are virtually impossible to calculate.
In my estimation, XRP will drop approximately 63% in the next 45 to 60 days.
Many look at this as a bad thing, but it is what it is. Align your trades and crypto purchases with the Market Maker's, and you will always be in the green. These moves are no accident, they are created by hedge funds like Black Rock, Vanguard and State Street to profit from. They have multi-billions of dollars at their disposal, and going against them is suicide!
I expect a small rally tonight or tomorrow as the last few straggler's position for what they think is going to be a breakout. They will most likely even throw a green breakout candle above the trend line to trigger the massive amount of buy orders in that area. Once triggered, the market will reverse and begin it's decent into red-candle-hell.
I'll be placing a short position today, and adding to it on any price gains heading into tomorrow.
Good luck!
XRP is breaking out of the wedge pattern, but...XRP is making a nice move northward breaking out of the wedge pattern it is currently in, but how long it will last remains to be seen. The indicators seem to indicate it's going to run out of steam in no time. Is it a bull-trap? We're about to find out!
Will XRP experience an epic PUMP, or an epic DUMP?The chart isn't really that clear right now, and could go either way. There's an argument that there's still a ton of room to the downside/about to fall off a cliff. And, there's also an argument that XRP is about to bounce like a kid jumping off the roof on to a trampoline.
What do you think?
When XRP crosses the green trend line...When XRP crosses the green trend line - it's 'Hello $1.25!'
Then the herd will come rushing in... 'hello $2.00!'
Hold on tight...
The dreaded 4 o'clock candle of death! Market manipulation!As we all know, there's a group of people that will never be held accountable, that regulators will never bother, for whom 'ethical standards' do not exist, that constantly, and consistently manipulate the price of XRP to the downside while the vast majority of traders are tucked in bed asleep, clueless and oblivious, why their stop-losses are taken out, and in most cases long positions are being completely liquidated, and the majority of their hare-earned profits are stolen from them by large accounts.
It's called 'the dreaded 4 o'clock candle of death' for those of you aren't aware.
Even though every transaction is clearly registered on the blockchain for the world to see. Even though we can all see the accounts responsible. Even though it's clear manipulation, and clearly illegal.. NOTHING WILL EVER BE DONE ABOUT IT!
Pack your bags, accept your losses and move on because money isn't the name of the game - 'control' is!
P.S. Never leave your position open overnight if you're trading with leverage, because 'THEY' will come for your profits, and nothing will ever stop it, it will never change, it's just how the game is played - more for 'THEM' and less for everybody else.
Welcome to the unregulated wild-wild-west of trading.
XRP price fractalsWe've seen the 3 stage breakout pattern twice in XRP on the weekly chart.
The first level gained magnitude from the 1st level breakout to the 2nd level. Assuming that the next XRP breakout from the 2nd to the 3rd level is at a minimum equal, here are the projected price patterns you can expect.
Keep in mind that if the fractal pattern continues, then the accent to the 3rd level will gain magnitude over the 2nd and will be larger than the estimate below.
First wave - $5.28
Second wave - $29.13
Third wave - $289.8
Tea anyone?Whether the glass is half empty or half full is in the eye of the beholder, but nobody can deny the fact that it's a cup.
Hold on tight!
Xumm Wallet Set to Integrate Mastercard Debit FeaturesXRPL Labs' Wietse Wind hints at Xumm Wallet's Mastercard integration, boosting digital asset transactions and security.
In a significant development for cryptocurrency wallet users, Wietse Wind, the founder of XRPL Labs and the creator of Xumm Wallet, has announced plans to integrate Mastercard debit card functionality into the Xumm wallet. This update revealed through tweets, demonstrates XRPL Labs’ commitment to enhancing the user experience and expanding the wallet’s capabilities.
Xumm Wallet Integrates Mastercard for Flexibility
Wind’s revelation came in response to an XRP enthusiast’s query about possibly using a debit card with Xumm. He indicated the integration would involve “Debit Mastercard, self custody, card authorization with custom on ledger limits on your account using a Hook.” This update aligns with XRPL Labs’ ongoing efforts to incorporate more traditional banking features into the digital currency, providing users with enhanced flexibility and control over their funds.
The integration of Mastercard with Xumm wallet is expected to streamline transacting with digital assets. Users will be able to leverage the global acceptance of Mastercard, enabling them to transact seamlessly across various platforms and services. The integration promises to bridge the gap between traditional financial services and the burgeoning world of digital currencies.
Alongside the Mastercard integration, Wind also touched upon the new functionalities for the Xumm-Tangem NFC hardware wallet cards. These cards, not intended for use at terminals and ATMs, offer a physical means of securing cryptocurrency assets. Wind clarified that the Tangem cards are primarily for hardware self-custody, unlike the proposed debit card functionality.
The Tangem NFC hardware wallet cards, as mentioned by Wind, will allow users to pre-fund their wallet card with a specific amount in XRP in addition to the account reserve. This feature enhances the security and convenience of users who manage their digital assets.
Xumm Integration Balances Fees with Innovation
The announcement was met with queries and concerns from the XRP community, notably regarding the potential for additional transaction fees. John Mcclain, an XRP user, expressed concern over the possibility of an extra 1% fee, drawing parallels to existing custody solutions like the U.S. exchange Uphold, which already imposes significant fees for debit transactions.
Price Momentum
MA is trading near the top of its 52-week range and above its 200-day simple moving average.
What does this mean?
Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.
XRP price increase will shock people in the coming months!Less than 1/2500th of 1% of the global population is aware of what is about to happen to the global economic system. The new digital system is virtually unknown by the vast majority of people on earth, and very few of those 'in the know' are even aware of just how incredible the next 7 to 10 years are going to be for the right digital assets.
XRP will be the king of the digital-asset-space bar none! And even many people who hold XRP now will be picking their jaws up off of the floor when they see what is about to happen to the price in the short, and long term!
XRP holders - hold on tight!
My projected future path for XRP.I just want to say thank you to all of my followers, both old and new! You can also help me grow by sharing my charts on social media either by link or screen shots.
This is probably a great way to make myself look like a complete fool, but it's been right so far. The white arrows have been my projected path for XRP price over the next few day. In order for the rally to continue XRP must take and hold the .85 cent level. This level is crucial. We may tap it, and test it a few times, but there's also a chance that we could plow right through it.
I know it sounds unlikely, maybe even a little crazy, but I think XRP will be around, or above the $1.25 level by Christmas!
Keep your eye's on .85.
.712 will be the next stop for XRP!XRP has been on a tear the past few weeks, and the tear is going to continue. Nothing can stop the flood of cash that is fleeing the stock market, and entering into the crypto market.
XRP is no longer holding the line. it's on the attack!
XRP price likely to make contact with the 100 d.m.a.The global financial "day of reckoning" seems is getting closer everyday, and as the pressure builds in the banks, and financial markets, lots of new money is entering the crypto market. XRP is likely to pull back to the 100 d.m.a (the yellow line) before continuing the uptrend.
Levels to watch for XRP.The following chart has some levels to watch for XRP in the next few days. Even if the super bullish path slows, or retracts, the thicker white lower trend line would be a good guess as to the lower trajectory in price.
For reference.
* The yellow line is the 50 day SMA.
** The stochastic is set to 60/1/3.
XRP is above the 200 d.m.a. on the weekly chart.XRP is now above the 200 day moving average on the weekly chart which is a good sign. It's not a guarantee that XRP price will rise, but if you take into account other factors, it can make it easier to time out trades.
At this point I think that HODLing long term is the best play. The dollar, and most currencies around the world are losing value rapidly, and we may soon start to see the obvious tell-tale signs on hyperinflation.
XRP will easily see a 20% to 25% gain from current levels.XRP has been on a tear this past week, and there's no sign of it stopping anytime soon! I think we will easily see XRP gain 20% to 25% in short order. I think there's a good chance that price will hit the bottom trend line of the developing wedge pattern first, but it also may not. Watch the top trend line as your key indicator, and adjust it as needed to help predict the next move up according to your trading ideals.
Good luck!
XRP is gaining momentum at a nice pace.Every XRP holder wants to see XRP go to the moon, but the problem is high percentage gains that happen quickly rarely hold. XRP is now gaining at a nice steady pace which will tender a much better final result.
Bottom line is this, we want investors, not speculators. We want long-term holders, not 5% flippers. The higher quality the investor, the greater chance that the value will hold.
XRP hasn't looked this good for a while now!XRP is setting up for what could be a big move to the upside over the next few months. This is the daily chart so it will take some time for these charts to develop.
I'm predicting that it's going to be a very good Christmas for XRP!
The sky is the limit with XRP.Once XRP breaks out of the descending wedge pattern there are many levels at play to breakout beyond the $2 level, but once it does 'the sky is the limit.'
