Xrpusdforecast
If the wedge works out, we could see another 281% rise We had a wedge forming in February through to March after which it broke out by 281%. The current wedge has been forming for just shy of a month now. I think we will see further downside before we see the next meaningful rise in the price of XRP.
Trading Signals
The trading signals suggest that XRP could fall to around $1.47 before it completes the wedge pattern.
This whole ripple/SEC case is really testing my patience. Doge is spiking without a use case and little old XRP is desperately looking for regulatory certainty before it can have any meaningful mass adoption by financial institutions.
Hold the faith. We've come this far, give yourself the change to go further.
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XRP, Ripple - wooow, only buy🔥A few days ago I showed you that the price is near a level. I was waiting for a breakout and retest and it happened. Now is a good entry point. But as always with the stop boss. One of the strongest reasons why I expect growth, is the large accumulation in the zone of $1.3 - $1.5 several times. Let's see what happens next...
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
XRPUSD - RIPPLE SWING ANALYSIS XRPUSD - Good run up is there on the price, following the parallel channel, a small hurdle resistance is there on the top right now but the strength shows it can take out that easily, My approach will be bullish on this even from this price range taking stop around the support line as mentioned in the chart, Next upcoming move is drawn on the chart, Follow the levels as mentioned.
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A macro view of the XRPUSD chart - MonthlyHi all,
I have not updated any of my ideas on XRPUSD as everything is still moving according to plan. However, I do have an update on the price targets I am seeing for this cycle as more data is now available. I believe that once the price will push beyond $2 the ATH will be reach very quick and then surpassed. The minimum targets I am seeing atm would be the $11 -$13 where the top of the Fibonacci extension are based on the previous bull cycle. I will not dismiss a blow-off top where the price can go further up from those levels but do tread carefully if those zones are breached too as there will be a high risk of reversal. My current view is that we are in the middle of wave three of five and according to my calculations that could top over the current ATH. With both the RSI and the MACD having plenty of room to the upside I very bullish on this chart.
As always, this is not investment advice but my view on what the chart is showing at this moment. Good luck and make sure you have an exit plan in place and take profits along the way.
XRPUSD flagsXRPUSD has been consolidating in the 1.3 - 1.4 area and has formed two flags, one within the other.
IF we break out the top of the blue channel we can see a move up to just below the 2 dollar mark. If we see that happening and we can get past the $2 psychological barrier the move may continue over time to the 2.87 area.
Fro now though we have been blocked by the resistance area between 1.4 - 1.46 and we will have to clear that with some strong volume or risk a move down to the bottom of the channel at $1 or even down to the next support at 0.9.
For now I need to see that move higher and decent volume to back it otherwise we may move to 1.46, get rejected and move rapidly down to the areas of support mentioned.
Not financial advice just calling what I see. Any constructive criticism is welcomed.
Ripple- Don't get too excited, 1.20-1.25 is the ceilingAs I expected, XrpUsd has dropped under 1usd important figure. Of course, this strong sell-off was followed by a rebound and Ripple managed to recover some of the losses and is trading back above 1usd.
However, If we take a closer look, the rise is clearly corrective in nature and XrpUsd has a very strong confluence resistance between 1.2 and 1.25
A new leg of selling can start from this point and a new dive under 1usd is probable
XRP: Makaveli🦍Trader XRP update,Is it time to buy XRP pullback?XRP bulls are not done yet but pullbacks are normal in every bull run and this bull run still have a long way to go as we have only recently experienced wave 2 on the daily chart, The big question remains is it yet time to start buying the pullback since we are till in a bull trend? Thank you for your constant supports to our channel, Do subscribe if you are new to our channels.
For the sake of new traders(Bulls: means Buy force and Bears Means Sell Force, Support: means an Area where majority of traders place buy orders, Resistance: Means an Area where majority of traders place their sell orders, Consolidation: Means a sideways market where price is in stagnation as a result of equal buy and sell force, Force: means Money)
My last analysis I talk about xrp seeing a pullback to 1.26 to 0.6 after hitting 1.5, but the pullback ended at 1.29 where the bulls over powered the bears to hit the upper part of the bears resistance line of the channel at 1.96. This is very normal in a bull market especially one like xrp as a result of the parabolic spike from the long time consolidation since the drop in dec 2020 to 0.2 area support. It is also good to take note of the current
Let's take a closer look at the consolidation on the 4hrs chart :
We see that the price has been moving sideways since few day past now and shows since of break out soon but the question remains, will it break out to the upside or to the downside?
From my view of this consolidation we are likely to see a bounce of some sort to the upside as price is still currently on support but this support need more buy power to break the current resistance at the $2 range. the most likely support to this job better will be the $0.8 to 0.6 support area as this will enable the bulls hit $3 next. the current parallel channel shows strong resistance and possible support area.
In my opinion I still see possible 0.8 to 0.6 on XRP so I will definitely be patient for this if you are in for a long term on XRP
XRP - The Trap Has Been SetAnalysis:
- Fibonacci Retracement
- Support & Resistance
- Order Block Flow
- Market Maker Method
Inflection Point: $1.25 (Point Of No Return)
Target 1: $1.49667
Target 2: $1.11964
Target: $0.64172
Opinion:
Despite the massive bull run up I do believe a 50% - 70% correction is inbound
My reason being is that this rise has no fundamental backing
The SEC case has not been resolved and XRP has not been re-listed on major exchanges
I do not believe the powers to be will reward retail traders
I attached my previous markup that I did before the rise
I will be looking to trade this move both ways with an emphasis on shorts
XRP/USDT : Not a good time to buy BINANCE:XRPUSDT
Hello everyone 😃
XRP is moving below a bearish trendline, How ever it's seems like a pennant.
Also Indicators are overheated on high timeframes.
It's not recommended to take long position for XRP right now.
By the way, MA 50 has reached movement and it's trying to support movement !
So it will cause a retest on bearish trendline and then major target will be next support zone around 1.5$...
🔴 Any 4H closes above bearish trendline will change direction !
BTC is at support line, so we might see a little bullish recovery on market after current dive.
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
Ripple- Buy after the break for 2.1 targetRipple has risen 300% in only 12 trading days, and the cryptocurrency seems determined to make up for the lost time.
From a technical perspective, after reaching 2usd zone, XrpUsd is in a small correction/consolidation and is forming a triangle continuation pattern on smaller TF.
A break of this pattern would signal that the consolidation is over and the measured target is 2.1
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