XRP monthly bottom might be in/but beware countertrading whales!charts.cointrader.pro
As you can see in the monthly Chart of XRPUSD, there are strong arguments to be made we bottomed longterm.
Monthly double bottom @ $0.1740 and $0.1750.
When we draw a parallel channel on the log chart since 2013, we see that we always rejected or bounced from the borders.
Smart mathematicians will say: "You can't draw such a channel on a log chart, it has to be a flattening curve!".
Alright, but thus far, this channel works and I also don't think its probable that we will touch the top of this channel, but rather top out @ 0.236 of this fibonacci channel.
So basically, while price action on daily and weekly suggest further downside for XRP, traders forget to look at all the chart data you can find of an asset. For example: don't simply chart NEO on any exchange chart but look for the whole data including Antshares times, which you can find on charts.cointrader.pro @ the NEOUSD ticker.
While those log channels worked pretty well in 2017, the crypto market changed overall and it might be we can't use those channels anymore.
An Argument that those channels don't work:
charts.cointrader.pro
Argument that those channels might still work:
charts.cointrader.pro
While the probability for a monthly bottom on XRP seems quite high with the provided charts, beware of countertrading whales due to maybe me posting this charts right now. Be careful trading this and don't take to much leverage or none. The overall crypto market is on a brink of a big move due to low volatility in past 2 months. My best guess based on anything I know is, that BTC first quickly pumps to arround $9.700(stop hunting leverage shorts), in the next moment it dumps to $8.400(stop hunting leverage longs) and then we take off to the next parabolic phase for the whole crypto market. In this scenario XRP could breakdown from the channel for a short period of time, just to enter it again and take off as planned without the overleveraged moonboys!
Please comment down below what you think of this analysis. Thx!
I'm not a financial advisor, this is for entertainment purposes only :)
Xrpusdforecast
XRP / U.S. DOLLAR XRPUSDIn this Weekly chart of Ripple / United States dollar (XRP/ USD), there is a depreciating range from 0.5175 to 0.1105.
We can observe that the market then appreciated to the 0.206 level (identified by the yellow down arrow), just below the 23.6% retracement of the depreciating range at the 0.206552 level.
We can observe that XRP/USD then depreciated to the 0.1791 level, just below the 9-week Simple Moving Average.
We can also observe that the 0.1791 level was just below the 0.183462 level, representing the 23.6% retracement of the appreciating range from 0.1105 to 0.206.
If XRP/USD resumes its depreciation, price retracement levels below the current market include the 0.169519 (38.2% retracement), 0.15825 (50% retracement), 0.146891 (61.8% retracement), and 0.130937 (78.6% retracement) levels.
If XRP/USD resumes its appreciation, price retracement levels above the current market include the 0.265974 (38.2% retracement), 0.314 (50% retracement), 0.362026 (61.8% retracement), and 0.430402 (78.6% retracement) levels.
XRP / U.S. DOLLAR (XRPUSD) Weekly, DailyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
Trades made when the monthly, weekly and daily arrows are pointing in the same direction are the most profitable.
This is not trading advice. Trade at your own risk.
XRP LAWD AWOKENED, WHY $0.3 OR $0.9?(MUTI TF 1hr, 4hrs, 1D,1W)
Hello Friends, today I bring to you a well cooked analysis on RIPPLE the Biggest Bull RECENTLY Awaken (RIPPLE).
Before I serve you this delicious CRYPTO meal, kindly support my ministry by leaving your likes behind after reading, Thanks in advance.
XRP Started this uptrend run, As the first bull and also the most hated bull, XRP has too much to prove and that is why you will all be baffled by MEAL XRP HAS BEEN COOKING FOR SO LONG.
Using BINANCE:XRPUSDT charts let's look
Using multi timeframes, here is a clear picture of what to expect in May- June from the Awoken bull called XRP
1hours Chart
We see here a strong correction taking place after the recent fall, but this pump is far from over
1D chart
daily shows that XRP still have good chances of going up as it is still trading below last globex high and above the globex low still
1w chart
PATTERNS OBSERVED
1, Falling wedge (bullish signal)
2, MACD Weekly breakout
3, Trading above globex Low Range
4, Weekly strong volume and price trading above pivotlevel
ENTRY POINT
If prices stays above $0.215, means bullish and $0.25 will hit
if price goes below $0.205 possibility of going lower is 75% because of the Globex High on the breakout side
Weekly trend line breakout point = 0.25
Zones to watch out for Bear Zones dip
1, $0.23 to $0.248 expect a lil pull back before we can cross through, and we will attempt three times to cross, if we fail the third time it will drop a dip.
2, if volume remains strong, and the price holds above $0.25, price will make it up more through to $0.27 to $0.3 range( we will hit $0.27 to $0.3 zone )
3, Higher Timeframes like the 1week chart shows that XRP is well balanced sitting above the pivot level meaning going up is easier now.
1week chart if successful breakout occurs as expected in the $0.24 to $0.25 zone this will lead to a far BIGGER BULL RUN TO $0.8 TO $0.9 ZONE
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XRPUSD technicaly based forecast
📌Short intro:
I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support * Price action - FIBO - Candl pattern * FX - STOCK - CRYPTO * Simple ideas
💡 XRPUSD technicaly based idea, technicaly indicators showing we can expect higher bulish market continuation, we can see price is bounce from FIBO 0.2 and we can see before curent canedls there is DOJI candels which indicates in many cases reversing trend, expecting to see push in price till FIBO 0.382 possible and break will update with time.
📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment!
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All best, good luck!
My XRP thoughtsXRP is synced up with where it was at 3 years ago in 2017 before it shot up. {Jan.20,2017=Jan.20,2020}. Just my opinion. I think the 23rd is going to be a sell the news event and price will work its way down to .15 cents and possibly poke down to the .13 cent range. It will be done bottoming approximately March 22, 2020. Price will probably start shooting up beginning of April. Approximately April 1-2, 2020.
PS. Do not over trade and do not leverage more than a very small % of your bag if you do trade where leverage is offered. High risk of losing it all. Better off playing craps. I am not a financial advisor, I am just an average trader
Is the XRP/USD pair already on its way to recovery ?Is the XRP/USD pair already on its way to recovery or we are in for even more painful days?
We saw the XRP token moving below the 20-day moving average and on Thursday, February 20 it lost more ground by stopping at $0.271. The coin was trading in the $0.261 - $0.281 zone during intraday.
The last day of the workweek came with the formation of a fresh green candle on the daily chart. The “ripple” avoided further decline and moved up to $0.274.
The weekend started with a low volatility session as the XRP is currently hovering around the above-mentioned area during midday trading.
We are still looking at $0.28 and $0.265 as the next major support zones, also corresponding to the Fibonacci 38.20 and 50.00 lines. Surprisingly or not, the "ripple" is finding stability around $0.269 in recent days.
If bulls manage to initiate a reversal and regain position above $0.30 (and then the recent high at $0.335), then the most obvious targets will be $0.37 and $0.40.
Negative scenario: we fall down to the $0.23-$0.25 rectangle (on the chart), which, if broken, will open the door for $0.18.
24-hour trading volumes remained stable in the $3.8 billion zone on Monday then started to decrease on Tuesday and Wednesday reaching the $3 billion mark. We registered another peak to $3.6 billion on Thursday and again a drop to $2.6 billion on Friday.
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XRPUSDT - continuation of the uptrend!!!🤑🤞Good afternoon! The correction phase of altcoins is nearing completion. And XRP is no exception! The graph shows the XRP price movement plan at the end of the correction phase.
In general, we stock up on patience and look forward to growth.
We will do our time!
The only thing that can completely change the upcoming movement is the fall of BTC below 8900-8800.
Thanks to all my subscribers and readers for your attention! 🙏
Success and profit!
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#XRPUSD#RIPPLE, Back to normal or will we have a surprise?As we will see in the current review, there are some technical issues to continue the ups.
The Ripple failed to rise above the 200 moving average line and instead returned to decline.
The one last candle was closed in the form of a Doji and the candle that came immediately after the Doji is red which is a confirmation for a bear model.
The XRPUSD is still in decline if you look at all the technical data.
A short-term goal: 0.25 (We have not yet fully eulogized)