It was a positive week for XRP, as the coin managed to regain some 20% in value within a single week. After a strong push of the price since the end of March this year, it seems that XRP is ready to finally stabilize the price, after reaching a minimum level at $0.30. During the first part of the week, XRP was traded sideways, without strength to make a move...
The charts seem to indicate the end to sideways trading in the 35 cent area terminating in a typical arrangement. You can see the same pattern (in yellow) play out most recently in the XRPUSD chart from January to March 2021. This pattern doesnt predict either up or down price movement, just that it will break soon.
Used in concert with the related idea that...
Its got a good feel to it, i dont expect the sort of drop others are predicting, and im forecasting higher volume as crypto exchanges and retail investors scramble for liquidity as the world reserve currency starts exponential inflationary pressures. Things also appear bad for the SEC in the ongoing case against RippleLabs. Seems to me that they are mitigating the...
Top down multi timeframe analysis, my current perspective on XRP as we go into a new week - remember trading is reactive not predictive the patterns and setup i have explained have high probability of completion but we have to wait for confirmations at the zones mentioned BEFORE we can take any position.
Follow up from previous xrp post, .37 was are intended target and a area for potential sell signal with diagram to show what we look for, not as clean as btc but we get the rejection the all assets will follow suit unless their btc pair show otherwise.
We will monitor .30 for a continuation lon
- As we can see XRP could potentially break that trend line and drop further, in order for that to happen though we will need a massive crash or another CRYPTO to be rug pulled!
- The elites have said so many silly things to FUD us out of the market.
- Keep dollar cost averaging.
- The 4.618 FIB targets always get met, the 4.618 price target for XRP is roughly...
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Bitcoin looks to me like it has bottomed out. I went back and read news articles and stories about Bitcoin during all these bottoms I have highlighted and the news is always the same. is Bitcoin able to recover, is Crypto Dead, looks like more downside, Major Analysts says we...
This is a revision from my $289 XRP Super Cycle Prediciton.
XRP is in a Trend/Channel.
2022 seems to be a retrace from 2018ATH and only went 1/2 to the trend as it did in 2015.
4 year cycles are now 6 years, and the next will be 8 years.
the 2018 Fractal is played out for the 2023.
$275 XRP sounds far fetched, but is it really?
Will 2023/2024 be the Altcoin...
SHORT:
0.702FIB: $0.72
0.786FIB: $0.78 - Catch this knife!
SUPPORT: $0.28
Were looking @ about a month for a 0.702 retrace from the previous crash which will total up to 150% gains.
*XRP loves the 0.702 FIB and and the 0.786 if were lucky.
Im anticipating a DOUBLE BOTTOM in a month, so have some cash on the side for the PUSH!
Potential BULL market if XRP can...
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#XRP
▪️There was a strong growth of 13%, now the indicators are overbought, which indicates a possible correction.
💎In the near future we will correct down by about $0.34
XRP - Intraday - We look to Buy at 0.3011 (stop at 0.2929)
Support is located at 0.3000 and should stem dips to this area.
0.2934 has been pivotal.
With signals for sentiment at oversold extremes, the dip could not be extended.
Our profit targets will be 0.3234 and 0.3294
Resistance: 0.3300 / 0.3400 / 0.3480
Support: 0.3200 / 0.3100 / 0.3000
XRP - Intraday - We look to Buy at 0.2882 (stop at 0.2788)
Support is located at 0.2900 and should stem dips to this area.
0.2850 has been pivotal.
With signals for sentiment at oversold extremes, the dip could not be extended.
Early pessimism is likely to lead to losses although extended attempts lower are expected to fail.
Our profit targets will be...
BTC daily zoomed in to take a look at the RSI as
well as some key areas of support. The RSI is
as oversold as it was 6 months ago, it could drop
a bit more but lets see if it can get some buy
pressure. I have listed the major areas of support
as well as showing the RSI and DeMark 9 Inidcators.
In order to really move up, we need
HUGE buy volume candles or we...
