Is XRP going to $25 ??
Updated
Probably.
On the above 5-day chart price action has corrected 80%. A number of reasons now exist to be bullish, including:
1) The ‘incredible buy’ signal has printed. Do not ignore on this time frame.
2) Price action is currently on the 0.618 golden zone as measured from March 2020 bottom to the April 2021 high.
3) The Cup and Handle formation is text book. The handle is forming a perfect bull flag. The $1.80 target is an easy stretch to make from current levels.
4) IF the $1.80 becomes support later this year, expect $25 as the next target.
5) On the 2-day chart (below) price action is printing strong bullish divergence following a buy signal.
Is it possible price action falls further? For sure.
Is it probable? No.
Those crazy targets a number of charts are suggesting are nothing to do with the token itself but rather everything to do with what is happening to the dollar. This is what the beginning of a currency reset looks like.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: Don’t know.
Return: 70x
2-day chart
On the above 5-day chart price action has corrected 80%. A number of reasons now exist to be bullish, including:
1) The ‘incredible buy’ signal has printed. Do not ignore on this time frame.
2) Price action is currently on the 0.618 golden zone as measured from March 2020 bottom to the April 2021 high.
3) The Cup and Handle formation is text book. The handle is forming a perfect bull flag. The $1.80 target is an easy stretch to make from current levels.
4) IF the $1.80 becomes support later this year, expect $25 as the next target.
5) On the 2-day chart (below) price action is printing strong bullish divergence following a buy signal.
Is it possible price action falls further? For sure.
Is it probable? No.
Those crazy targets a number of charts are suggesting are nothing to do with the token itself but rather everything to do with what is happening to the dollar. This is what the beginning of a currency reset looks like.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: Don’t know.
Return: 70x
2-day chart
Trade active
"Incredible buy' prints on the weekly chart for the first time ever on the weekly chart of XRP price action.Trade active
Price action breaks out of bull flag on the BTC pair. Should be interesting weeks ahead for XRP.Trade active
Price action (again) lands on the golden pocket.Trade active
Hidden bullish divergence apparent.Trade active
A big move for XRP cometh the new week.Note
Forgot to add the chart - see the weekly hammer on past resistance? Which is also on an important Fib level not to mention a higher low.Trade active
70 cents next stop.Did you see the daily chart? Have you seen what just happened?
Deja-vu 2017..
Note
18 cents to go...Trade active
September 2018 or March 2017, that is how far you’ve got to look left to see the last time XRP price action broke through the 100-week EMA (cyan line) on the weekly chart.If is a fact to say that every time this has happened in the history of XRP… price action made astonishing upside moves.
Will this time be different? No.
Note
Price action setting up for a monster move Note
A 2-week chart. Do you see what I do?Seems to me everyone panics at a 5-10 cent move. They've no idea what's going to happen. Ironically the evangelical will allow their emotions to sell out long before this target is reached!
Note
Bitcoin goes down, XRP goes up. It might not feel like it but a wicked alt-season is nearing. You know the best plays, I've talked about them often enough.Don't miss out.. upon this market melt-up another like it will not be seen for 3-4 years.
Trade active
close 'short' positions if you've got them open.Note
Well that's interesting... in a good way.Note
PS: What happened in the last couple of weeks has not happened since October 2018.Note
Resistance is printing a breakout Note
Price action is about to print a move to 75 cents in the weeks ahead.Trade active
Ripple Labs shall win the court case against the SEC in the coming weeks. How do I know? Because the chart told me ;) Something awesome just printed in the chart.The result will be powerful for not just XRP but all tokens identified as securities by the SEC.
Trade active
A win for Ruppee labs..Trade active
Close swing trades, will say why elsewhereNote
A large move upwards is about to print. Don't let the negative emotions doing the rounds shake you out.Daily chart
Trade active
GRP support confirmed.. next resistance at 80 centsTrade active
A good momentNote
See the signal print on the XRP-BTC pair? It's not wrong, is indeed a great buy.Note
The macro cup and handle pattern this idea began with a year ago is now easy to see, isn't it?Price action is currently in wave 3, expecting a corrective move from 3.60.
Trade active
Now... especially if you'Re a Ripple fan-boy / girl / non-binary / they / itNote
Strong GRM support confirmation.Note
A move to 90 cents begins shortly.Trade closed manually
Been holding off closing this idea for a couple of weeks, but this now all but certain. Market structure is broken on the monthly. It is not possible to see a bullish outlook for XRP in 2024 and the year after, sorry!Support is at 12 cents currently, there might be a good long opportunity at that time.
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
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