XRPUSD Potential Bearish MomentumOn an hourly timeframe, XRPUSD printed a HangingMan candle on correction after printing a series of Lower Highs and Lower Lows.
RIPPLE trade ideas
XRP and the coming new all-time-high.XRP's price has been lagging behind the market, but it makes sense as Ripple has admitted to dumping XRP on retail's head during the rallies. As it stands, the selling of XRP is Ripple's only way to raise capital. However, XRP still remains the only single cryptocurrency on the entire market that has legal clarity. Not even Bitcoin has this, even though it is falsely touted to have such by Bitcoin shills all over the internet.
Once the lawsuit is finished, there will be nothing standing in the way of XRP finding true price discovery, and people who have gained massive amounts in other cryptos will be taking profits out and reinvesting them in undervalued assets like XRP.
I see a short squeeze from hell coming to XRP very soon!
Good luck, and always use a stop-loss!
Will This ever end?Doesn't smell like a bull just yet.
Rarely clean in moves... but this is what i am leaning to right now.
Which is a drop to a 56 cents area at least. to form a larger 3 wave move .
Xrp price prediction for Bullrun 2024As we know, Ripple is inside a 6-year regular flat triangle, so:
At the end of Bullrun 2024, I expect the price of Ripple to reach $27.
PRZ zones are drawn using two-point Fibonacci on regular flat wave a and three-point Fibonacci based on the previous Impulsive wave and the beginning of the new Impulsive wave.
XRP RIPPLE (Middle Term)Ripple has made a smaller regular flat triangle inside it's monthly bigger regular flat triangle.
According to Fibonacci PRZ zones for regular flats we have these TPs.
XRP Dollar Cost Average StrategyI am still bearish on XRP for the time being & we can see a clear trendline liquidity building up 7 being ready to get taken out. That is when I will look to load up buy positions.
However, if this scenario don't work out, my orange zones is where I will look to Dollar Cost Average into buy positions. After a break above each orange zone, I will open a new position and buy XRP.
XRP Buys, Anything is possibleJust based on history and seeing how candles are playing out is a thing of beauty
XRPUSD ARE WE READY PUMP ???one for the weekend, i went long on 4h from here (as shown on the chart)
The set up looks very bullish
Hopefully we get where we want to go over the coming days
XRPUSDI want to leave this analysis here for the XRP army who all think the price will go straight to the moon. Price usually does the opposite of what the XRP army thinks. Usually, the shepherd leads the flock of sheep, but it's not the sheep that lead the shepherd.
XRP waiting for move to upsideWaiting for move to upside in XRP. Sellers couldn't push down to new local lows so expecting moves up soon. Also looks like equities could have a bit of pullback next week or 2. Maybe crypto will rally some then return to a pullback and equities return back to bull moves
XRP Time for a retrace?XRP Time for a retrace? Seems to be moving in a downward wedge. Expecting to break through shortly to upside. Maybe a retrace of 61.8-78.6% (targets 68c-70c) of the recent move a week ago that saw 74c hit. Then possible visit down to 55-50c?
XRP obviously bullish to 1$Last year in July 2023 when XRP won the case ( partly ) with the SEC, price pumped 70% in one day and retraced from exactly like 0.96$
1$ is just psychological area and a value attraction
It will be here by May - just watch
XRP growth position for the coming monthsWe are approaching exit from the triangle after 6 years of accumulation. The chart shows the potential levels expected in the next few to several months, assuming that no black swan occurs along the way, such as COVID, which will dynamically withdraw capital from the markets.
The RSI shows how the lower level has been defended, and in the current accumulation period there is an emerging advantage of growth volume (green candles).
Ripple is about to triple Ripple is about to triple .
The SEC battle is nearing a close and their opening brief will soon be released to the public.
Major exchanges resumed trading late last year after the judge ruled that the secondary sales of XRP is not considered trading a security.
The SEC has been involved in heated controversy regarding their approach towards the crypto industry lately. We should see some volatile price action as case ultimately comes to a close.
XRP 5 Year patternThe XRP price has been forming a triangle pattern on the weekly chart. The pattern has been forming since 2018 and it is clear that the price as well as the RSI is being squeezed. There is still a long way this pattern could unfold over however if the BTC dominance start falling we might see a break sooner than expected. The hypothetical target would be around the 50 dollar mark however that might be too much to expect before the end of this bull run. Personally i would buy some when the price breaks above resistance on the weekly and aim to take profits at 10, 20 and the 30 dollar mark. A low leverage trade could also be used however i would not over leverage as the fees are high during a bull run and the target will take months to reach.
