XRP: Makaveli🦍& the Awoken XRP Bulls Weekly on Target of $1.5..I see the XRP Bulls Have finally opened their sleeping eyes...Is it time for the Pump or are you late for the party ride?
Welcome to this analysis with the real Gorilla🦍trader and XRP Bulls
XRP has seen its own share of frustrations, delays and never ending obstacles that completely swept the bulls off to a deep sleep that left everyone calling this beautiful coin a shitcoin 💩
But I must warn you, if you have been shorting this coin and having fun, this is your last chance and warning from XRP Bull force command, Things are about to start changing rapidly especially now that BTC is stuck and getting weak by the mint, Altcoins like XRP will raise from the ashes to wow both the sellers and haters alike.
Heads up on the Sec and XRP case Wahala....According to Blockchain.news, the court has set july 2, 2021 as the deadline for the initial discovery phase, however it also stated that this may be changed if Ripple and the SEC agree on the settlement. This discovery phase is basically according to them the initial request for the production of documents, where evidence presented by either parties for the case is made known before trial begins.
*Documents are supposed to be presented by March 31,
*Interrogatories are due on June 4,
*Completion of depositions are request of admissions by July 2
*Discovery of experts reports are to be delivered by August 2.
But after the Latest SEC hearing last friday March 19, The U.S SEC Lawyers stated that exchanges won't be violating any securities law upon relisting the XRP cryptocurrency according to Coingape.
BUT WHAT DOES ALL THESE MEAN FOR THIS SEXY JUST AWOKEN BULL ON XRP?
A closer look at the chart, I see xrp bulls fight is taken up to the sellers line and we all know that the more a resistance is hit the likely the chance increase that it will break sooner than later.
XRP is up that sleeves for real, hitting the new resistance at 0.7 to 0.85 is likely to break on this next attempt after which we could be seeing a retest of this breakout before the pump continues.
Keep at the back of your mind that we have have another resistance at $1.2 to 1.5 so even if we might see a parabolic move coming we still do have existing Resistance so your patience will be needed as XRP bulls journey to freedom with you of course the beautiful hodlers who never stopped believing, You days of catching the bag is finally smelling too strong to ignore.
To catch this bag Big, I am running my show on the Daily and Weekly chart as this pump is about to last up a month or so so make sure you hold your positions tight.
Get ready, Its not too late to get in for the upcoming ride I have been screaming since January of XRP beating $1. This shitcoinis about to be so sexy 😍 the haters will beg to have a taste of her says MAkaveli.
TAKE NOTE:
If you haven't bought yet we have good support for pullback to jump in from the support area of 0.52 to 0.54
Here are the target resistance to watch out for taking profit area
*0.79 to 0.84
*1.2 to 1.5
*1.8 to 2.5
THIS IS NO FINANCIAL ADVICE, please do your own homework and leave me a comment below what your thoughts on XRP. Like, Subscribe and Share to support me, Thanks in Advance.
Happy Trading
Xrplong
XRPUSD - Showing early signs of a pumpXRPUSD is forming a structure which I have seen often in the past, it seems like it is forming a butterfly pattern together with a Wyckoff accumulation, will find resistance at the 0.70$ area.
I think we will be heading up hard very soon.
This is not financial advice.
XRP - Something BIG Will Happen Soon Hi, we are still stuck below the resistance 0.47-0.475 in 19 days, but I think something very big will happen soon, as MACD is turning green in the next couple of day, RSI is still above 50, SMA50 held vey well until now and the uptrend is helping us to reach the targets we want. If we break 0.47, next resistances are 0.63 and 0.75. Once we clear 0.75 we are ready to takeoff, so be patient and don’t panic 🙌🏼
XRP COMEBACK...ARE YOU READY?The price is knocking once again.For two days, it is telling us XRP is still alive and asia is trying to fight back and make it consolidate from .40 to .50 level.Looking at the 4 -hour chart, xrp is forming a huge cup and its handle is about to be created. This is being supported by a big triangle that shows there is a big break out is about to happen. In a matter of time, you will find how good it is to have xrp.Reward is to be given to those who wait
Ripple price move closer to a 20% upswing
Ripple is on the verge of a massive move if a technical pattern on the 4-hour chart matures.
XRP must settle above $0.5 to come out of the woods, focusing on higher levels toward $0.6.
Ripple has been among the digital assets that managed to comfortably weather down the widespread declines at the beginning of this week. The cross-border token corrected toward $0.4 but established robust support.
An immediate recovery took place with XRP jumping above two key levels at $0.45 and $0.5. XRP traded a weekly high at $0.532, but a correction ensued, forcing bulls to seek support at $0.45.
In the meantime, Ripple is trading at $0.47 amid a renewed uptrend. Its immediate downside is protected by the 50 Simple Moving Average (SMA) and the 100 SMA on the 4-hour chart. On the upside, eyes are glued on breaking the hurdle at $0.5 and hopefully kick start the journey to $0.6.
Simultaneously, a double bottom pattern has recently been formed on the 4-hour chart. The pattern is very bullish and comes into the picture when an asset price dips to the support level twice but is separated by a sharp peak. As the price approached the support for the second time, the downtrend fizzles out, and bulls aggressively rush in to take over control.
Double bottom patterns have precise breakout targets, measured from the neckline to the bottom point. A breakout is anticipated when the price slices through the neckline. For instance, Ripple eyes a 20% upswing toward $0.6.
Ripple intraday levels
Spot rate: $0.473
Relative change: 0.0123
Percentage change: 2.7%
Trend: Bullish
Volatility: Low
xrp buys are inAs you can see based on the chart, xrp has broken out of its pennant and the downfall we have seen since our pump last night to .518 was just coming down to confirm breakout of downtrend line. As long as xrp can hold our bottom trend line, this sleeping beast should make its way upwards to new highs in comparison to this chart.
XRP DAY CHART MOVEMENT.We've been riding the lower part of a channel since 28th Feb and using the RSI as support. Finally, we have exited this area (as you can see with the faded pink lines). But we have yet to break through the 49.8 resistance that we've been under since 23rd Feb. Once we get past that, the next resistance level to try is 59.5, then 65.0 then 78.8.
It feels like we're primed and ready to go, but only once I see some strength in the volume will I get excited about any potential "mooning". For now, I'm just watching and accumulating. Let's go!
Attempting to find a relationship between Support and ResistanceAn idea for XRPBTC
Using Fib circles to view areas of support and resistance
It is in my view that if there is an equal number of support / resistance touches on the same fib ring, a cancellation occurs
Upon 1.618 there are 2 resistance touches, while 1 support touch
Using this we can assume the rest of the .618 touches or (uneven) support / resistance touches (XYZ) will act as the basis for the next move
I wish I could delve into this deeper, if anyone is more informed about Fib let me know!!
I find these patterns very interesting and explorable.
Regardless, I am long XRP
XRP: It's All Up To BTC NOWGood day to all money makers!
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- Current price movement is heavily dependant on what BTC does next.
- This is just my current idea.
- I am not a financial advisor!
- There is always a huge chance of different patterns taking shape in these ever-changing charts.
- I can be 1000% wrong!
- Trade responsibly.
- Be focused.
- Have a plan.
- Stick to the plan.
- No FOMO.
- Take the time to study YOUR own charts and come up with your own ideas as you are going to trade with your money.
- Never trade what you are not willing to lose
- Remember Stop-loss is your friend.
- Smile!
- Good Trading and Good Luck
If you Find my Charts useful please consider a follow and a thumbs-up as it motivates me to share and grow with you!