XRPUSDT: Elliot Harmonic wave Of XRPHi everyone , note that after xrp experienced a price drop, it now needs a climb to complete its B wave, and as shown in the chart, it must then complete the C wave. Price targets are also specified in the chart and this is the best shopping position in this area. I think the second goal (tp2) is more likely.
Xrpusdanalysis
XRP can touch 0.52 today! BINANCE:XRPUSDT
XRP since May walking in downtrend! This fib is plays perfectly! Yellow arrows shows 2 times we rejected on downtrend line. After break out but false retest XRP going in to accumulation zone (white box) and retest fundamental price (green line) 0.52. So depends of today FED decision we can see this price once again.
This is always good enter point. On MACD I think XRP is ready to go in to buyers zone but we didnt see volume on chart. Thats why I can expect one big squeeze down at least to 0.65.
But globally chart looks logical. So If cycle will be longer 2.26$ for XRP can be realistic price by end of bull run. If we will see altseason in January when BTC capitulate targets for XRP 1.24 (0.5 level FIB) and 1.65 (0.78 lvl FIB)
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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.
Ripple- 0.9 zone is strong resistance nowAfter the strong drop and break of 0.9 support from the beginning of December, XrpUsd has rebounded and is in a consolidation phase now.
0.9 old support is now strong resistance and short-sellers should look for opportunities to sell in that zone.
My medium-term target for Ripple remains in 0.5 zone and only sustained buying pressure above 0.95 would change my opinion
XRP/USD: Headwinds Strong and Dangerous Mid-Term Lows SwamXRP/USD is above early December values experienced in the wake of the spike downward which hit the broad cryptocurrency market slightly more than a week ago. Yet after recovering some of its value XPR/USD after that downturn, Ripple has not been able to muster a move higher that has challenged prices seen in late November or even through the 3rd of December. XPR/USD did manage to climb to a high of nearly 0.93850 yesterday, but headwinds became strong and the digital asset has reversed lower again.
As of this writing, XPR/USD is trading above the 0.83000 and has crucial mid-term lows again within sight. Yes, from the 4th through the 10th of December XRP/USD did trade below 0.80000 and touched a low of nearly 0.65500 during the flash crash on the 4th. Yet the bigger and perhaps more troubling aspect of the current territory XRP/USD is sustaining, is that the digital asset is also near prices it was trading on the 9th and 10th of August.
The rather durable track lower ETH/USD has generated since the 10th of November correlates with the broad cryptocurrency market and is beginning to have the feel of more than brief nervous selloff. XRP/USD has a strong habit of creating trends which are rather transparent and while reversals higher should certainly be expected by traders, the notion that XRP/USD may use the 0.80000 ratio as a critical inflection point should be given consideration.
Cautious traders may want to wait for slight moves up which show that resistance remains adequate. If the 0.85000 to 0.87000 levels remain pronounced and are able to push XRP/USD backwards, this may trigger additional selling which may feel headwinds are too strong. Ripple can be volatile and its move to a high within sight of the 0.94000 mark yesterday, and then subsequent drop to nearly 0.82000 early this morning was a large percentage move which highlights the need for the use of conservative amounts of leverage.
Bearish traders may believe XRP/USD has the capability to puncture the 0.81000 to 0.79000 ratios in the short term and make speculative wagers regarding these targets. If the broad cryptocurrency markets remains skittish in the near term and is not able to produce a strong move higher, XRP/USD may continue to experience downward momentum.
Ripple Short-Term Outlook
Current Resistance: 0.86700
Current Support: 0.80300
High Target: 0.93300
Low Target: 0.72400
XRPUSDT:Elliot Harmonic WavesAs you can see, XRP is inside a five-harmonic wave with the first wave and the third wave completed, and we expect the fourth wave to complete and the fifth wave to complete.
Also, a bat harmonic pattern is formed, which can have an end to the bottom of the channel and a value of 0.38.
XRPUSD Strong Buy CaseOn the left an indicator called the "alligator" shows very similar formations to early XRP before it popped off to $3
On the right we can see price positioning itself above the Gaussian Channel on the upper band. Previously, it was the middle band that allowed for a large moonshot
Breakout will come, XRP hodlers have been very patient and patience is often rewarded.
Ripple- On its way to 0.5 zone?As all the crypto market, XrpUsd has dropped hard and broke under very important 0.86-0.87 support
The corrective rebound of this drop came to confirm this old support as new resistance and now Ripple is looking down again.
Sell rallies against 0.9 can be a good strategy and 0.5 zone support can be the target.
Yesterday's low also can provide some kind of support
XRP - UPSIDEXRP is still in a bullish cycle, on the 4th of December 2021 it completed the last of a 3 wave correction downside, I think the end of this correction means XRP can reach new highs, thought we were expecting to end the correction at about $0.84 areas with a maximum retracement going as low as $0.60, We were not looking to exceed below our blue box area thought at times it happens(not in this case) when markets are at extreme levels and due for major trend reversals.
XRP vs BTC: 10x incomingDear Crypto Degen,
Today we're looking good on the XRP/BTC pair.
This weekly candle appears to be a flying doji star.
The bottom is in on the higher and lower timeframes (check below predictive indicator).
The clouds are still above the price but we have a blue sky once we pierce above it (check blue line).
Trend is still bullish (check green line).
Wish you all good trading succes.
Cheers,
The Crypto Weatherman
The "CRAZIEST" Crypto Coincidence EVER! - XRP/USDFor the record, I am not a lunatic but rather an unconventional sort of outlier-type of thinker. What can I say... other than that I can not help myself from doing so 😁
From current book titles of "Principles for Dealing with the Changing World Order" to symmetrical price patterns, to brief excursions into some possible contrasts from ancient history with today. Heck! Who knows what's coming next in the world. It's becoming weirder by the day - or so it seems.
XRP xrp has recently been moving quite bearish; same as majority of the crypto space.
If we break the support area of $0.89, xrpusd next level of support is $0.75- which also corresponds with the daily 78.6% Fibonacci level. From here I hope to see a bullish correction.
Hope everyone has a great weekend!
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.
XRP : the NOV 20 fractal in all it's gloryXRP : the NOV 20 fractal in all it's glory
Been looking closely at the price action from this period. Looks very similar on a lot of alts. Check it out. Only ENJ doesn't look similar in my list.
I had assumed we were ready to go up here (had stretched the fractal this way first), but realizing we may not have had that dip, the indicators on this one are quite ambiguous.
Just wanted to get this down to reference it going forward. Lets see if it holds true.
Linked the other idea which is the more popular period to look at in comparison.
One thing to note is that sick dump after that big movement up.