XRPBTC trade ideas
XRPBTC - Important TargetsBased on this simple chart, XRPBTC is trying to break a slant resistance.
Based on my beliefs, slant resistance lines are less significant than horizontal resistance lines. But, it is still resistance that XRPBTC will have to overcome, and it is there right now.
Once that is broken, XRPBTC must break 0.00004177. If it does that, it can go as high as 0.00011750, which gives XRP around a $7.50 target factoring in the current price of Bitcoin.
Overall, I am still very bullish on XRPBTC (and XRPUSD). If it does not power through the slant resistance, it may retrace to lower $1.xx in the coming weeks, and eventually power through it.
It can also break it immediately in the next few days, and I lean towards this possibility in this current bullish environment.
Please comment on my idea. Thanks.Look at this chart. You dont even have to know anything about technical anallysis or anything. Just simply look at it. It have to go down if it is to have sustainable upward movement. You dont even have to look any indicators to know this is an overbought instrument right now.
Im not going to lie, im in love with xrp since i was fortunous enough to enter very early before the huge price movement. But i expect downward movement and maybe a some sort of consolidation period before going up again. I did sell all of my holdings couple days back and im eagerly waiting to enter again. It seems it cant make a huge upward movement before taking some time to chill but you never know when! Therefore keep an eye on xrp. It can have you win big!
Good luck and be responsible with your hard earned money!
Always watch out for opportunities but be carefull.
XRP BTC - Healthy Path to the next levelXRP performed nicely during the last week. Considering the resistances and patterns, it should do more correction to 0.68 level for a while before the next bullish move:
Entry levels
Entry 1 - 0.00002489
Entry 2 - 0.00002200
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Target Levels
TP1 - 0.00003900
TP2 - 0.00008400
Either we rest or we go to ATHThere is clearly a congestion zone between 2600 and 2950 satoshi.
Either price will make a pause here and consolidate or we go straight to resistance.
If we surpass this zone we will go to 5300 sats (a projected price of 3.80 USD).
Either we stop here or we go to ATH.
Let's follow this closely.
RippleIt doesnt look too good. I sold all of my holdings last night and waiting to enter again. Because it seems price action need to cool down a bit. Also if you look at the daily chart it should definitly retrace before going upside. Daily chart shouting short me but i dont short crypto. Im not brave enough.
XRP Weekly perspectiveIt seems that XRP broke the weekly falling wedge which is a huge bullish indicator.
Now we need to see if it closes above this trending line.
The volume is still keeping high which is a bullish indicator
RSI is about to get overbought ( at 70+ levels) on which we should pay attention.
STOP Loss: ~2650 Satoshi
XRP try to breakout gaint falling wedge XRP / BTC
i tried to make the chart as simple as possible
Xrp is looking very high now ofcourse
But if you ask me weat it can go higher or not
the answer is only chart
ripple just restored strong horizontal weekly + monthly support (green color)
I also spotted gaint falling wedge since 2018 (violet color) Xrp try to breakout this wedge
Note : we still face trend resistance
Eyes on XRP next few weeks if it can hold above ...there is high chance we can see new ATH with USD pair
Dont forget to follow Risk managements in any trade
Good luck
The Overview of the XRPBTC Megabull to 0.00022 (30,000% Gains)A big hello to the XRP army out there! This chart is for you.
The chart speaks for itself. It is a direct comparison of the previous 2017 Megabull versus the current action and as you deduce, the setup is pretty much similar: XRPBTC is breaking out past the top of the blue falling wedge signaling a bull reversal of the entire bear market. Confirmation of this break out and bull reversal will come with a daily close at 0.00003170~.
Once we get that confirmation at 0.00003170 then XRPBTC could make its 30,000% move up to 0.00018-0.00022 if were lucky enough where I would look to sell at least 50% back to Bitcoin if all goes as expected. I am already fully loaded from the lower levels and been waiting patiently for this setup since last week.
Hit the like button and the follow button if you like this idea and check our profile for other recent setups for ADA, LTC and ETH and many more!
Best of luck and happy trading!
Carl M.
XRP Long - Big picture retracementIf XRP beats the SEC case, a retrace towards the ATHs are likely imho. This is not financial advice and is for educational purposes only.
XRP has been very fractal and someone has been accumulating using BTC on Bitstamp consistently since 2019 and since the SEC case dropped price back into that accumulation zone.
XRP may be setting up to reach new ATHs before BTC/USD begins a bearish correction cycle. If BTC/USD turns downwards below 50k first, this may cause a breakdown of market structure across many charts.
Medium Picture:
Big Picture if we break the last swing high before the SEC case: