XRPBTC trade ideas
XRP/BTC double bottomXRP/BTC is, at the moment, making a high volume dip below the last low. Considering that:
1. XRP/BTC is above major support lines;
2. XRP/BTC is well below the MA200 (-33%);
3. XRP/USD is squished between giant old support and resistance lines;
4. The MA200 of XRP/USD is rising;
5. XRP.D (dominance) has touched last year's bottom of 1.70%;
All of this suggests that the continuous spill could end soon, making a double bottom.
Did XRP hit the Bottom in BTC and is a reversal here?As we can see 4 rejections from the trendline and if we take a look back we can say that the bottom could be in. Also, we have a bullish divergence that is a clearly sign of possible reversal. Besides that, the BTC has reached the retrace target of 0.618 fib. and it could trigger a smaller ALT season. XRP missed out on the last one and it had a strong accumulation so this time could be huge and repeat 2017.
XRPBTC - 70% rise - forming a bottomPeople are saying that XRP isn't moving but i think a bottom is near.
Every time the XRPBTC chart is in a oversold zone we saw this bounces;
1900%
92%
82%
10000%
190%
32%
247%
130%
113%
We will soon form a bottom again and i think we will bounce about 70 % so we can move into the triangle formation.
We also bounced from a rising trendline that is forming for years.
Will this time be different?
I don't think so.
What do you think?
XRP/BTC - XRP: BBand Breakout◳◱ On the $XRP/ CRYPTOCAP:BTC chart, the Bband Breakout pattern suggests an upcoming trend shift. Traders might observe resistance around 0.00001475 | 0.00001525 | 0.00001613 and support near 0.00001387 | 0.00001349 | 0.00001261. Entering trades at 0.00001466 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: XRP
▣ Rank: 7
▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Mexc, Bittrex
▣ Category/Sector: Payments - Currencies
▣ Overview: XRP is a cryptocurrency aiming to increase the speed and reduce the cost of transferring money between financial institutions. Underpinning Ripple's xRapid product, an on-demand liquidity solution, XRP is used as a bridge currency for financial institutions exchanging value between multiple fiat currencies. XRP is the native token of the XRP Ledger, an open-source cryptographic ledger powered by a peer-to-peer network of nodes.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00001466 ₿
▣ 24HVol: 444.655 ₿
▣ 24H Chng: 3.239%
▣ 7-Days Chng: 4.52%
▣ 1-Month Chng: 2.77%
▣ 3-Months Chng: 27.56%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00001475 | 0.00001525 | 0.00001613
◢ Support: 0.00001387 | 0.00001349 | 0.00001261
◱◳ Indicators recommendation :
▣ Oscillators: SELL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -0.06
▣ Last 90D: 1.89
▣ Last 1-Y: 0.93
▣ Last 3-Y: 0.79
◲◰ Volatility :
▣ Last 30D: 0.36
▣ Last 90D: 0.49
▣ Last 1-Y: 0.94
▣ Last 3-Y: 1.18
◳◰ Market Sentiment Index :
▣ News sentiment score is 0.76 - V. Bullish
▣ Twitter sentiment score is 0.53 - Bullish
▣ Reddit sentiment score is 0.66 - Bullish
▣ In-depth XRPBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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XRPBTC 1939 Days Trendline breakout?XRPBTC
Since May 15, 2017, the top XRP bitcoin pair has been in a downtrend for over 1939 days with a clear trend line. today #XRP is breaking the multi-year trend in the #BTC pair.
(not confirmed yet)
as long Key support holds no panic( 0.0001570 weekly Base)
Resistance levels(TP)
0.00002170
0.00002772
once this level is cleared then we can look for a higher target, for now, this should do it!
XRP USDT pair looks good as well
The potential target I am looking for is for mid-term $0.55 -$0.61.
With ETH/USD cooling of the big-cap coin should do well.. ada, xlm dot vet... drop some like might drop also more chart for those Cheers.
always do your own research and risk management.
XRP/BTC is about go wild.I am sharing this TA because I predict a massive uptrend coming soon in 2024. XRP will lead the bull Market, no matter what the news and influencers are telling about XRP. I still believe XRP will have not just double digits but also triple digits.
See you all soon in the moon
📈📊 #ChartPattern Alert! 📈📊 📈 Triangle 📈A "triangle," in the context of trading and technical analysis, is a chart pattern that forms when the price movements of a financial asset create a shape resembling a triangle. Triangles are typically continuation patterns, meaning they often indicate that the asset's price is likely to continue moving in the direction it was heading before the formation of the triangle.
There are several types of triangles:
Symmetrical Triangle: This triangle forms when the price oscillates between two converging trendlines, one sloping upward and the other downward. As the price approaches the apex (the point where the two trendlines meet), it's expected to break out in either an upward or downward direction, indicating a potential continuation of the previous trend.
Ascending Triangle: An ascending triangle occurs when there is a horizontal resistance level and an upward-sloping support line. This pattern suggests that buyers are gradually becoming more aggressive, and a breakout above the resistance level could lead to an upward trend continuation.
Descending Triangle: Conversely, a descending triangle forms when there is a horizontal support level and a downward-sloping resistance line. In this case, sellers are becoming more aggressive, and a breakout below the support level could indicate a continuation of the downward trend.
Traders often use triangles to identify potential entry and exit points for their trades. The breakout direction from the triangle pattern is seen as a significant signal. However, it's essential to consider other factors, such as volume and overall market conditions, to confirm the validity of the breakout.
In summary, a "triangle" in trading represents a chart pattern formed by converging trendlines, indicating a period of consolidation in the market. It's a useful tool for traders to anticipate potential price movements and make informed trading decisions.
XRPBTC900 days of movement in a sideways direction after three upward waves, and this indicates that it is in a continuous consolidation phase, and when it comes to breaking it (and I think it is close because it has been going for approximately two and a half years in a consolidation direction), it will rise strongly upward and the break will be retested, and from there it will set off to test the historical falling peak, such as What is shown on the chart
XRP/BTC - XRP: Failure Swing◳◱ On the $XRP/ CRYPTOCAP:BTC chart, the Failure Swing pattern suggests indications that the trend may be gaining or losing strength. Traders might observe resistance around 0.00001714 | 0.00001819 | 0.00001993 and support near 0.0000154 | 0.00001471 | 0.00001297. Entering trades at 0.00001858 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: XRP
▣ Rank: 5
▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Mexc, Bittrex
▣ Category/Sector: Payments - Currencies
▣ Overview: XRP is a cryptocurrency aiming to increase the speed and reduce the cost of transferring money between financial institutions. Underpinning Ripple's xRapid product, an on-demand liquidity solution, XRP is used as a bridge currency for financial institutions exchanging value between multiple fiat currencies. XRP is the native token of the XRP Ledger, an open-source cryptographic ledger powered by a peer-to-peer network of nodes.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00001858 ₿
▣ 24HVol: 743.419 ₿
▣ 24H Chng: 5.448%
▣ 7-Days Chng: 17.12%
▣ 1-Month Chng: 23.91%
▣ 3-Months Chng: 4.57%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00001714 | 0.00001819 | 0.00001993
◢ Support: 0.0000154 | 0.00001471 | 0.00001297
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 6.33
▣ Last 90D: 0.63
▣ Last 1-Y: 0.67
▣ Last 3-Y: 0.86
◲◰ Volatility :
▣ Last 30D: 0.42
▣ Last 90D: 0.48
▣ Last 1-Y: 0.99
▣ Last 3-Y: 1.27
◳◰ Market Sentiment Index :
▣ News sentiment score is 0.56 - Bullish
▣ Twitter sentiment score is 0.53 - Bullish
▣ Reddit sentiment score is 0.37 - Bearish
▣ In-depth XRPBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
!? PAMP IT !? BTC XRP TOTALMARKETCAP YA YEET!!PAMP IT PLZ SIR TY
BTCUSD XRPUSD TOTALMARKETCAP
LONG TERM HODL DIAMOND HANDS TO THE MOON NFT CRYPTO HYPE YEEYEE MERICA
Hopefully looking at this in the future the market cap is above 3 Trillion dollars. That would be pretty cool. If not, it would be cool if everything collapsed, and we could buy all the projects with the most utility at lower prices.
SO pretty much its a win win. Either long term these dopamine triggering assets are going to continue to $3 Trillion+, and we are going to make some more of that inflationary fiat currency. Or we go down and use some of our inflationary fiat holdings to re-accumulate some assets that have LONG TERM UTILITY. Assets that are going to be here for the long run, with a ton of regulatory clarity, partnerships with governments, central banks, and that can create a level playing field for the global economy.
This is NOT financial advice. I am only monitoring these markets because they are so juicy right now.
XRPBTC Possibly The Most Bullish Chart In Crypto!I applied the fixed range volume profile tool to the history of XRPBTC pair on Bittrex on a weekly timeframe. It shows a very well defined clear level of support and resistance formed by the POC.
This has to be the most bullish chart out there. No doubt once XRPBTC breaks out of this zone, it will significantly outperform BTC.
This is a regular scale / nonlogarithmic chart, which I think gives you a better image of what XRP can do once it breaks out of this range.
XRP update: The pump WILL come. With or without SEC FUD.It's time to look again at good old XRP, the historically most brutal coin to hold, and it again does confirm its reputation.
The price action of XRP has been really subpar compared to some other coins, that have already seen strong rises, in accordance to the rise of BTC to new all-time highs.
This is of course largely due to the SEC vs Ripple case, and the subsequent delisting of XRP from american exchanges.
However, I am convinced that XRP will see epic pumps, no matter what happens in the future with the SEC lawsuit.
First of all, I am following the case and it looks as if either Ripple wins or settlement happens with a probability of close to 100%. The SEC are total clowns that have an extremely weak case,
and actually they are now even under scrutiny for suspicion of corruption as a direct result.
But chart-wise, what XRP is doing, is nothing new. This coin always was insanely stable in BTC runups, and then after everyone had given up, see insane short bursts of extreme rise in the matter
of mere weeks. This is the modus operandi of that coin, and we all knew it would be hard to have XRP.
Also, historically it was always one of the very last coins to pump in a bullmarket. Actually one could even say: When XRP has pumped, the bullmarket is over. Being the last coin to pump, this statement
could be verified again pretty soon.
I mistakenly thought that we would get a 2017 repeat. However, BTC is NOT doing a 2017 repeat, this rally is really different from 2017. It looks more like a weird version of 2013. So, why shouldn't the correct
XRP behavior also lie as far back as 2013, which is relevant to our analysis?
In 2013, we can actually see some fascinating stuff that happened. XRP made an insanely similar structure to what it is doing now !
I marked it with the two ellipses. First fake pump, then dump to a lower XRP/BTC ratio. Then from there pump, retrace, another smaller pump, and by that logic, we should soon see a dump, followed by
an outrageous pump.
Fascinatingly, this would coincide with a very likely BTC dump, before the epic pump towards the end of the year.
I also expect the US dollar DXY to further weaken and further fuel the crypto rally. Everything is aligning nicely and XRP will be again one of the last coins to pump, but I still believe that the reward for all
people that were insane enough to hold this coin through all that brutal time, will be extremely high.
XRP/BTC Time AnalysisThis analysis is not intended for price prediction but for timing. This means that important dates are located on the graph, at which reactions can occur and are marked with red vertical lines. Arrows are purely symbolic and the opposite direction can also occur as shown. However, considering that this pair has been in a downtrend for quite some time, possibilities of a near rebound exist.
With green horizontal lines, the more significant Gann levels are marked, and breaking through one level can lead to the next.
As you probably already know, I started exploring a new Gann method, focusing on key dates where a trend change might occur. Later, I will delve into price analysis.
The backtest revealed incredible price reactions at precisely determined dates when the top and bottom were reached. These are shown in the graph below with red vertical lines, which I've labeled with numbers.
Next up is number 6, and if history repeats itself, wave number 7 will be swift, lasting 5 days. Most likely, this will be followed by an uptrend and then a prolonged corrective phase lasting 23 days.
The important dates are as follows:
Wednesday, 6th September; Tuesday, 11th September; and Wednesday, 4th October 2023.
If this analysis holds true, it indicates that the mundane price movement will continue until next Wednesday.
Opomba: Ta metoda je v fazi testiranja in če bo držala, bom o njej v Septembru pripravil video tečaj