XRPUSDIf XRP continues to fall through my last support, then it's time for me to stop looking at the charts at least until the second week ends
Very tough week for XRP!
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About Market Cap XRP, $
A pioneer in the crypto market, XRP was originally created to be "the most practical cryptocurrency for applications across the financial services space". Judging by its market cap on the chart we've prepared for you, Ripple's path to success is a bumpy one — while it was once one of the most valuable cryptocurrencies, it couldn't avoid dips into the red. Depending on your life outlook, this chart can tell you two things: XRP, just like any other coin, is volatile, and its total market value can suddenly squeeze, so you should be prepared to take risks. On the other hand, Ripple has had its highlights and may have even more in the future — to predict them is up to you and your trading skills.
Breakout Imminent: XRP Supported by 2018 Market Cap ATHXRP got swiftly rejected from the 1.272 Fibonacci extension ($161.46b) on Monday but found immediate support at it's 2018 market cap ATH of $128b. On the hourly, it is currently in a downward wedge having been rejected for a breakout 3x times, but supported 4x times by the ATH.
It should breakout
XRP Market Cap With 2017 FractalStriking similarities between early 2017 price action on XRP market cap and our present situation.
I've overlayed the fracal from early 2017 and scaled it to fit our top of $2.92. If we follow the same pattern our bottom will be around $1.68.
Back in 2017 we consolidated for about month before we
XRP Not StoppingXRP has been consolidating recently, we had some shorter term wedges and things but this one has had a lot more time to develop. The current range should be between 126- 164.
If it breaks 164 I'd scale some longs out and we'll have blue skies above. Flag pole target would be near 200 for a final ta
XRP Market Cap Creates New All Time High; Likely to ContinueImpressive. Market cap in November alone has gone on to gain 326%. XRP went from the number 8 spot back up to the number 3 spot with extreme swiftness.
THOUGHTS ON THE FUTURE OF XRPXRP 15M - This is how XRP has been playing out over the course of the next few days, I feel we will see a big push up today but before that we may see price trade down and into the Demand Zone below.
Clearing any orders before the hike up, I have actually gone ahead and purchased more coins through
Another Bullish Setup for XRPOnly a 15m chart, but this thing has not slowed down at all. Forming another bullish pennant/wedge. First upside target would be the previous swing high and I'd expect that to hold as support if it does get broken.
If we get a downside break, will be looking for potential long entries on the trendl
XRP TriangleI'm not much of a speculator anymore, but if I were to speculate on what may be the biggest return in crypto outside of BTC and some random meme coins that pump crazy amounts, I would choose XRP. I have reasons, but it's just speculation and not that important.
For the chart, pretty neutral IMO. Bi
Analyzing XRP's Surge: Will the Momentum Continue or Fizzle Out?
XRP, the native cryptocurrency of the Ripple network, has recently experienced a significant price surge, reaching its highest level in over 43 months. This impressive rally has caught the attention of both retail and institutional investors, prompting questions about its sustainability and future
XRP Breakout Update: How's It Progressing After the Move?XRP's breakout is showing strong momentum as it continues to move within key levels. Here's an update on how the trade is progressing after the initial breakout. Let me know your thoughts or if you're tracking similar setups!
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Displays a symbol's price movements over previous years to identify recurring trends.