One final draw down possibility!As you can see from my accurate predictions drawn up since September 29th, we have one last chance of a big dip coming. This will end my predictions for this period.. and I expect a push to all time highs by mid-April.
May be one last chance to buy Xrp at under 55 cents... and ultimately last final calls for under $1 USD!!
Expect a pull back in a few days to 5 days time.
Xrpshortsetup
Where we are so far.54 days worth of predictions and this is where we're at so far. Drawn up on September 29th.
There is still a chance we could move up slightly in price.. before the overall direction heads back to the downside.
Everything's leading up to March next year where I believe we'll see the beginning of the new Xrp bullrun. It's coming! Get your binoculars out 🏴☠️
XRP short opportunity after the drop below $0.5The recent selling pressure forced XRP prices below $0.5 on Tuesday. However, the trend remained bullish on the daily timeframe.
The structure was flipped bearish on the H4 due to the dip below $0.5, but it only showed a change in character and not structure.
Therefore using the 50% Fib retracement tool, an H1 session close below $0.517 and retest of the same can be used to enter a short
Target is the 23.6% extension level at $0.4725. A move further south is also possible depending on BTC's strength at $25.2k
Entry: $0.517 (after H1 close below $0.517 and subsequent retest)
Stop-loss: $0.54
Take-Profit: $0.4725
Note the idea is only valid after H1 close below $0.517, and remains risky even then due to the rising OBV
XRP could see a rejection from range lowsXRP traded within a range from $0.44-$0.48 over the past two weeks
The recent breakdown below the lows was accompanied by an FVG (white)
Retest of range lows and a brief move into the FVG to hunt liquidity before reversal back toward $0.4 was a possibility.
Entry: $0.4437
Exit: $0.3974
Stop-loss: $0.4585
R:R- 3.16
Quick $XRP short This is my analysis and idea only. Do not take this as financial advice, and please do not base any trades based on this chart, or any content I post. These are my thoughts only. Operating in crypto is dangerous and can quickly stack up big losses. Always study, and do your due diligence.
On the verge.. the last possible final dip.So as I've stated in previous posts, you should have your stack of Xrp already bought up.. although this shouldn't prevent you from buying up more.
My forecasting has been relatively accurate since November 9th, rhyming quite nicely in this range.
This is most likely the last dip before a higher Xrp price where we will never see these prices ever again for Xrp. So buy more now.. or buy more in the final dip. Either way it will be profitable 📈 😌
XRP found a local topI will enter a stop position on XRP at 0.3562
Three take profit targets at
0.3435 3.5%
0.3355 5.7%
0.3222 9.5%
Stop loss if 4hour candle closes above
0.3619 1.75%
This idea is supported by technical indicators
and by the btc trend which seems to have found a resistance aroun 21700$
since stop loss is at 1.75% i will use 3x leverage
risking around 5% of my position.
FOLLOW FOR MORE!
XRP COULD TEST $0.40-$0.50 AGAIN!1) History may repeat it self again! Look at the red circle XRP broke below the YELLOW SUPPORT LINE before it rose around 100,000% within 1 year!
2) You can see the Orange circles and the BLUE SUPPORT TREND LINE, XRP could hit those levels again before shooting up again!
3) Majority are always wrong, majority of people are BULLISH at the moment.....BUT when XRP reaches that WHITE CIRLCE watch how the MAJORITY become BEARISH, THATS when the SMART INVESTORS WAKE UP AND GO BEAST MODE!
4) I will become MEGA BULLISH on XRP when it breaks below, its not an easy thing to do, but HIGH RISK = HIGH REWARD!!
$XRP Q4 Technical Analysis | WATCH THESE LEVELSSTRONG Technical Analysis on XRP/USDT $xrp
Strong Levels To Watch:
Support Level:
$.236, $.263, $.282, $.327, $.349, $.38, $.479
Resistance Level:
$.261, $.28,$.304, $.326, $.348, $3799
Recent XRP News:
Ripple donates $10M to Mercy Corps during annual Swell conference - During the annual Swell conference, Ripple announced a contribution of $10 million to Mercy Corps to help it use digital assets in its work on developing financial inclusion in emerging markets.
Mercy Corps is a non-governmental, humanitarian aid organization that aims to create economic opportunities in countries where the financial system isn’t operating properly. The organization claims to have assisted over 220 million people survive various humanitarian conflicts.
Pro Super Smash Bros player to receive a salary in XRP - More gamers around the world are moving into crypto.
Kengo “Ken” Suzuki, a professional player of crossover action fighting game Super Smash Bros. Ultimate, or SSBU, has signed a contract with SBI e-Sports, the gaming arm of Japanese financial giant SBI Holdings. Ken is also considered to be the world’s best Sonic player.
Trust The Chart | DotcomJack