Xrplong
Updated- XRP:USD short term trend analysisThe driving application for pattern is based on fractals from 2017
This is an update from mid week last week
44 waves in total over ~60 weeks.
where are we now?
we have completed waves
1,2
we are headed to wave 3
wave 3 target
1.80-2.20
1.80=2017 fractal lift
2.20=0.236 FIB level 4yr trend based fib extension
2.00=3.618 on 1.50 push
begin break FIB time bar 13 (yellow vertical)
wave 4 target
0.86-0.59617
correction range large due to
high=0.86/probable support (long term support trend)
low=0.50 FIB level on 4 yr trend based fib extension
target fib time bar 34
wave 5 target
5.00 - 6.20
6.20=2017 fractal lift
5.00=3.618 FIB based on 0.86 retracement from wave 3 to 4
target FIB time bar 55
XRP/USDT Technical AnalysisTECHNICAL ANALYSIS MADE EASY YOU KNOW HOW WE LIKE TO DO IT!!!!
I have been very bullish about XRP since it dropped because of the SEC lawsuit. Although the lawsuit is not over, I already know the outcome for XRP, which is a victory. The community will not allow it to be deemed security, neither will ripple itself. A lot of people were quick to forget about XRP and call it a pointless coin. However, people are ignoring it is within everyone's best interest; XRP wins the lawsuit because if they are considered a security token, many tokens will be deemed a security too. This means you are likely invested in a token that can be viewed as a security token if XRP is.
But let's get down to the graph. I expect to see some consolidation or correction just because the price has been rising so much and pumping so much. A correction is because I'm comparing XRP with the rise in the price of Dent Coin, as we are now starting to see Dent coins price drop as it is beginning to correct, which is natural, so it is a matter of time before XRP does the same. I'm still optimistic that XRP will break its all-time high soon even if it doesn't consolidate or correct, especially since BTC and ETH have already beaten their previous all-time highs. With each and every good news we are getting, we see a pump, so bring on the good news.
Personally, I think the whole lawsuit is a waste of time; it is stopping XRPs growth substantially. However, we have started to see the volume pick up, and XRP has been reported to be worth more now than it was before the SEC lawsuit, which is a good sign.
But what do you guys think XRP TO THE MOON🚀? Also, what coin should I do next?
XRP TA UPDATExrp
resistance at $ 0.949 & support is around $0.730
If price falls below : 0.725-720 , then its support @ 0.570-0.560
Buy1 @ 0.826 SL 0.73
Targets : 0.947 - 1.025 - 1.115 - 1.355
if falls below 0.725 then support around 0.570-0.56
Buy 2: $0.580-$0.575 - SL $0.525
Targets : 0.730- -$0.94-$ 0.1.025 - 1.15 - 1.35
like and comment if you agree
tHanks
XRP Currently it forms a bull flag so good chances to see second huge leg up after that consolidation is over. It can happen that everything dumps, but in this case support ~ 1200 should be strong enough to bounce price back up. So if you either enter the bull flag and suddenly plan crash just average cost your position there and reduce exposure on bounce to 1500. Let the rest grow to the moon.
Rising Wedge and Triangle Formation. KEY LEVELS!Many has mentioned a breakout to higher targets, Yes there is a huge triangle on the 1 hour chart, but there is also a "hidden" wedge present.
We are most probably going to get a retracement to the levels showed in the chart.
Remember, already in 2018 the Sweedish Central Bank had moved liquidity worth over a 1B SEK via Ripple.
You really think they do not know what they are using?
Have a great day, and good luck :)
If you want to educated yourself : www.youtube.com
XRP Bullish BiasGood Afternoon Fellow Traders
All the way from South Africa.
Welcome to my TA idea on XRP.
After A Great Start of the week with XRP smashing through a 3-year resistance barrier and positive news regards the SEC vs Ripple Case I think we are off to a great start.
We just went through a minor correction and from here on we should expect to see XRP rise up to $1.20 Level
We can treat this level as our next resistance, but overall coming from me XRP is bullish and we should expect to see this drama queen reach new ATHs.
If You Are Investing In XRP.
HODL - hold on for dear life
Thanks, Please Find The Time To Like & Comment with your own ideas.
Ripple (XRP) - what to do? 2️⃣ scenariosAs we can see, XRP broke the trend line. There are 2 scenarios of movement.
Firstly, we will continue dropping to 0.7783 level ( it's high of December 2020) and bounce from this level.
Secondly, we'll start to create a range near to 1.05 level for further growth.
Keeping a close eye on the situation.
Write in the comments all your questions and instruments 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