XRPUSDT MAY GO LONG ACCORDING TO MY TECHNICALS (07/10/2021)Educational Analysis says XRPUSDT may go LONG according to my technical.
This is not an entry signal. I have no concern with your profit and loss from this analysis.
Why long?
On 4HR AND 1HR timeframe pair is making lower high and higher high which make break of previous structure.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS.
ADDITIONAL CONFIRMATION FIB RATIO PRICE IS 0.5
AND FIB TREND RETRACEMENT IS 0.38
ENTRY 1.17035
STOP-LOSS 1.12067(0.04968 SATOSHI)
TAKE PROFIT 1.29147 (0.12112 SATOSHI)
RISK TO REWARD RATIO IS 1:2.45
Xrpusdanalysis
Ripple and my new targetIn my previous Ripple analysis, I've argued why I'm bullish and said that I expect the price to reach 1.4 resistance.
Since then, my bullish outlook was confirmed and XrpUsd is trading clearly up.
I expect this price to go further up and pass above 1.4 resistance
My new target is 1.7 and I will stay bullish as long as Ripple is trading above 1 figure
Immediate XRP Dump And Pump Occurring Within Next Week!!XRP to dump to about $0.5 then skyrocket to $7 for high-quality TP experience!!
I've understood the graph a lot more from when I wrote this and shot the video for it, although the same logic applies! There are two more parts I'm uploading as videos for it, and they're incredibly thorough, plus so satisfying in how much sense they make of the graph!!
The simple explanation, which coincides with what Alex Becker believes, is that everything has just went up with BTC's spike. One of the good examples of this is ADA – it went way up with BTC's most recent spike, although has been in a downtrend for the past week or two.
If you notice when comparing the BTC/XRP graphs, XRP spikes high directly after BTC does! It's Elliott wave spikes happen directly after BTC. It's like graph translation in school where you move the graph in certain directions by manipulating the equation of the graph – in order to predict what Elliott wave XRP is in and what it's going to do, learn what BTC is doing and shift the theoretical Elliott wave to the right. If you don't understand that, ask yourself “what Elliott wave is BTC in?” and subtract “1” from the number you think it's at!
I believe that BTC's currently in a mini Elliott impulse wave that's going to eventually land it at 120k, and that it has more fuel in it so that it's going to about 75k before it goes through the second part of it's mini Elliott wave!
Since BTC is probably not done yet, XRP is not done with its current stagnant phase and will not go up until the cash flows out of BTC and the other assets to XRP.
It's worth mentioning that XRP is the first cryptoasset that I got obsessed with when I first started crypto investing and I watched the graph like a hawk, consequently learning its patterns, and even though I won in 3xing my money when XRP crossed 1 the first time, I panic sold and lost most of my money ironically when I predicted the BTC crash and didn't use my knowledge because of abundance blocks.
XRP skyrockets less than other cryptoassets after all the cryptoassets explode, which is why I hold the opinion that most XRP hodlers are simply scarcely minded when it comes to investing and that they always hold too much of their funds in XRP due to their subconscious minds not wanting financial gains – their subconscious minds want them to fail so they basically hold most of their eggs in one basket.
I got 3x gain in XRP back then, when everything else was making frequent 5x gains, and the XRP said to just keep waiting, I was a sucker and don't want you to be! XRP gains are like the last place trophy of crypto if you didn't take gains from all the other cryptoassets that were exploding!
From when I publish this, BTC's going to go up further and XRP is going to go down for reasons I'll explain here – there's a TA reason and a manipulative psychological reason that's going to trick a ton of people! The successful investors of the main pumps that have just occurred are going to go into coins like ARRR(!) that are incredibly valuable microcaps! Probably also pumping the gaming microcaps, which I've heard from my Dad today might've literally just started although I'm not looking at crypto gaming for I believe the gaming industry is deeply unethical due to its brain chemistry manipulation – instant gratification combined with making your financial income off the game is harsh!!
I can already see the microcap pump happening with ARRR and it's the reason why I'm passionately writing this now – I'm staying up to utilise this opportunity with the little money I have to invest in it - £30. I'm investing for experience, not the money.
When the microcaps pump, as Alex Becker has said in other previous crypto videos, the whales are going to take advantage of the little guy with XRP by dumping it and then take profit from pumping the targeted microcaps. The cash flow from the microcaps is immediately going to go into BTC to pump it up to about 75k along with most of the other top cryptos because they're controlled by BTC.
When the whales have profited from this, the cash will immediately go into pumping XRP when most XRP investors have jumped out of the boat demoralised. When the XRP hodlers decide to hop back on since it's skyrocketing for one last hope at making gains by it, the whales dump it with an Elliott correction wave, making it go back down to who-knows-what price (I can't see into the future).
Directly after BTC's completed its correction wave and starts deteriorating to 0 in price, the flippening will occur as the cashless society movement starts making moves. XRP skyrockets – the price action of which will be easily predictable with basic fib price extensions – which will flip BTC, or at least attempt to (I believe the privacy coins will win the battle, and the only people who'll be able to take advantage off XRP skyrocketing will be the people at the top of the pyramid of control since the holding of surveillance coins will be punishable by jail!).
I can see it practically – XRP will be a 10x+ gain, although the privacy cryptos will yield much higher gains of more than 20x like we saw in the explosive bull run at the start of this year! You win by investing in ethical fundamentals and knowing your stuff guys! Always invest with your heart and spread the love!
Back to what's happening in the psychological manipulation side right now – the whales know that people are expecting the XRP lawsuit to be won by ripple since the lawsuit is fundamentally flawed in logic, and because everyone's hopeful for the lawsuit and thus the price to skyrocket, it will actually fall because the whales will trick most of the small investors in the game and dump it! They've rattled you out of all your money so that you drop your XRP and they get to make profit off of it when BTC tanks!
Basic TA standpoint – XRP has literally always dropped downwards rapidly this year when it's formed a triangle as shown, so this case of the big triangle is no exception. Simple.
I've confirmed the price action with the fib price retracements, for which I thankfully believe that no fib time retracements or momentum analysis is necessary here and would just overcomplicate the graph.
You can see that I've drawn the upwards fib price retracements from the swing high to the swing low of each peak – the start and peak of each triangle to the second third of it, which predicted the peak easily all 3 times (the first midget peak is not involved in the Elliott wave I believe). I've also drawn downwards fib price retracements to accurately predict about the middle of each stagnant period after each small triangle formation which has worked accurately every time. I believe that this time will be no different, plus the fact that this most recent downwards fib retracement has gone to 0.5 bang on, I believe, is no coincidence. Although I have no clue why it would be planned to be at around that level exactly.
I could be wrong!
Remember that you are lovable, no matter what!
Expect XRP at 23 USD by Q1 2022another hard to assess chart due to the lack of data.
Assuming that XRP started a new major wave from march 2020 onwards, one would expect XRP to hit the 23$ mark by end of Q1 2022 and about 57 at the end of this wave 3 (orange).
Comments are welcome, yet as usual, this is not a financial advice.
XRP/USD BULL RUN (INVERSE H&S PATTERN)Support: $1.10/ $1. 05 / $1.00/ $0.9800/ $0.90-$0.88500/ $0.8200- $0.78500/ $0.7460/ $0.68500/ $0.64500-$0.62500
Resistance: $1.14/ $1.20/ $1.24650/ $1.3050/ $1.35/ $1.40-$1.42500/ $1.50/ $1.6450/ $1.70/ $1.76/ $1.86500-$1.88500/ $1.96-$2.00
What is Inverse Head And Shoulders?
An inverse head and shoulders, also called a "head and shoulders bottom", is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends. This pattern is identified when the price action of a security meets the following characteristics: the price falls to a trough and then rises; the price falls below the former trough and then rises again; finally, the price falls again but not as far as the second trough. Once the final trough is made, the price heads upward, toward the resistance found near the top of the previous troughs.
KEY TAKEAWAYS
An inverse head and shoulders is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends
An inverse head and shoulders pattern, upon completion, signals a bull market
Investors typically enter into a long position when the price rises above the resistance of the neckline
Ripple’s XRP would need to move back through the $1.1123 pivot to bring the first major resistance level at $1.1546 into play.
Support would be needed, however, for Ripple’s XRP to break back through to $1.15 levels.
In the event of a broad-based crypto rally, Ripple’s XRP could test resistance at $1.20 levels before any pullback. The second major resistance level sits at $1.1958.
Failure to move back through the $1.1123 pivot would bring the first major support level at $1.0711 into play.
Barring another extended sell-off, however, Ripple’s XRP should avoid sub-$1.05 levels and the second major support level at $1.0288. The 38.2% FIB of $1.0659 should limit the downside
XRPUSDSpeculative price range for XRP/USD is 0.85000 to 1.42000.
Ripple has not been able to create a violent trend upwards and maintain it the past two months. While other major cryptocurrencies are challenging highs, XRP/USD has maintained a rather middling area within its 3-month charts. If current support near the 1.05000 level falters and trading were to drop below the 1.00000 and become sustained this would be a bearish signal. Ripple does tend to correlate to the major cryptocurrency market with reactive moves. If the broad market were to become suddenly nervous and XRP/USD is pressured, it is conceivable a test of the 90 cents mark which was challenged in late September could unfold again.
However, if XRP/USD maintains the 1.10000 support level and buying remains strong, speculators may continue to target the 1.18000 to 1.20000 marks. If Ripple can maintain its current upwards mobility and the broad cryptocurrency market stays positive, there is plenty of reason to suspect the 1.22000 high of October could be surpassed in November. Sustaining values above the 1.20000 for a solid duration of time could be a bullish indicator for XRP/USD. Traders should not get overly ambitious with Ripple. Yes, it can produce solid percentage changes in value, but its price range has also demonstrated a rather comfortable stance.
Traders pursuing upside or downside momentum within XRP/USD should use take profit and stop loss orders which do not reach for the moon, particularly if a large amount of leverage is being used. Ripple remains an important cryptocurrency, but one that trades in a rather sedate manner compared to some of its other more speculative counterparts.
XRP/USD Multi-Timeframe analysis - update !!!Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
XrpUsd- 1.4 is my targetThe spike under 1 for Ripple was quickly reversed and the crypto has re-entered its familiar range started at the beginning of the months.
A new wave of buying in the crypto market is just around the corner and this can put Ripple on the run up to 1.4 resistance
I'm bullish as long as the price is above 1 figure
XRP/USD Multi-Timeframe analysis - update !!!Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.