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XRPETH trade ideas

XRPETH falling wedge/bull pennantWe can see that price action is reaching the apex of the white wedge/pennant and that the orange 50ma has now entered the pennant. Looking at where the stoch rsi currently is, odds are good that price can maintain support on the 50ma and that it could help lift or bounce price up out of the pennant and send it heading towards the breakout target. I have only posted the pennant breakout target here, the target for the wedge on its own will be a lower than this one, however I see that the pennant target share bullish confluence with the double bottom target so I feel that increases the odds that the breakout could result in it hitting the full pennant target instead of just the wedge target. Of course until a breakout is confirmed there’s still a chance it could go below the pennant and break downward instead although much less probable…it could also always do the classic fake like it’s breaking down when its really just pullling bad the slingshot before rocketing back upward and out of the pennant. We will likely see soon enough before September seems likely. *not financial advice*
by DrDovetail
2
Crypto is Very Volatile According To These 3 ThingsCrypto is very volatile in the market especially if you dont know what you are doing -- Honestly there is a luck of trust among investors on the type of crypto to buy or sell -- This is why this crypto you see on this chart may be a good buy -- According to the -MA -EMA -Cross of both --- You will see that this crypto is still in an uptrend -- This article is not meant to show you how to buy but only meant to tell you what you may buy -- Please read the disclaimer -- Disclaimer:This is not financial advice do your own research before you buy or sell anything
Long
by lubosi
🔝XRP +200%💥What Is XRP? XRP is a digital asset built for payments. It is the native digital asset on the XRP Ledger—an open-source, permissionless and decentralized blockchain technology that can settle transactions in 3-5 seconds. XRP can be sent directly without needing a central intermediary, making it a convenient instrument in bridging two different currencies quickly and efficiently. How Is XRP Used? Faster, less costly and more scalable than any other digital asset, XRP and the XRP Ledger are used to power innovative technology across the payments space. Ripple is focused on building technology to help unleash new utility for XRP and transform global payments. Third parties are also pursuing other XRP-related use cases.
Long
by MiguelFTCurado
6
#XRPETH - A Clear Break from Trend at Pinch PointTake a look at this chart, CTv2 has made some truly epic trades with #XRP / #ETH over the last 12 months or more, we've now got a fresh breakout of trend with price rising! There's multiple levels of resistance on the path upward so it may be a bumpy ride, with potential of upward of 50% gains to be made! _________ What Do You Think? If you enjoyed or agree with this idea - drop us a comment, like & follow! 😀 Ideas by theCrypster meet the guidance notes and disclaimer as mentioned below and within our website. See Signature for more info! ✌️ 🔥🔥🔥 Crypto Tipster v2 theCrypster 🔥🔥🔥
Long
by theCrypster
12
XRP-ETH short- 4HR viewHello🐶😃 Price created a rising wedge on the 4hr TF. I think we can expect to see some drop in price Over however, we recently broke up and out of a longstanding trendline 🐮 Short-term I am looking for a minor correction (retest of our blue trendline 🟦📈~0.00028) Blue trend-line above was formed over 1 month period📍 This chart can be indicative of when is XRP price going to turn bullish 🕡🧐 Thank you so much for considering my approach today Happy trading, Jazerbay ☯
Short
by jazerbay
7
XRP Looking to Nearly Double in ETH ValueXRP is sitting above the 89 and 200 day Moving Averages and has developed some nice looking Hidden Bullish Divergence if it holds out we should atleast see XRP come up to the 1.618 Fibonacci Extension. Ethereum's activity overall is not looking like a very fun market to sit in however there are many alts that seem to be setting up to take ETH dominance away from the total marketcap of crypto and among that list XRP and LTC rank the highest of all of them.
Long
by RizeSenpai
Strikingly similarities on XRP/USDT in 2020 vs XRP/ETH 2022XRP followed a fractal from a March '20 "capitulative" move until November '20 which was the first step to XRP's breakout move vs USD. That fractal lasted 245 days. Currently, on the XRP/ETH price chart we see a strikingly similar fractal playing out from a "capitulative" move at the beginning of December '21 until mid September '22 which was XRP's breakout move vs ETH. This fractal lasted 284 days. From the breakout move in '20, XRP rose 208% in 11 days vs USD From the breakout move currently in '22, XRP has risen 76% vs ETH and day 8 just began about 2 hours ago. 1. ETH FUD going around the market after "the merge" 2. All of the hype and speculation about the Ripple vs SEC lawsuit If you look towards the end of '20, XRP/USD eventually did stall out and suffered the lawsuit shortly after this 200%+ burst to the upside. It did, however, manage to reach about $1.96 even with the SEC's lawsuit looming. XRP has been able to flip ETH by market cap in the past so I wouldn't take anything off the table. This time it's just a different narrative.
Long
by Danglesnipecelly69
2
XRPETH continues to rise above a bigger inv h&s necklineAfter reaching the breakout target of a much smaller inverse head and shoulder pattern, the price action on the xrpeth chart has continued to pump and is now sitting above 2 necklines of a much bigger inv h&s pattern. The only resistance it is yet to break above is the yellow horizontal neckline of a double bottom pattern that also doubles as a horizontal channel. Flipping that top yellow horizontal line to solidified support will be the final confirmation we need to know that the inv h&s pattern is going to get validated. There are 2 different breakout targets posted here for the inv h&s pattern. The smaller one is for if the white neckline is more valid and the larger target is for is the turquoise neckline is more valid. I get the feeling both targets will be reached in due time. I will post the chart of the previous idea that showed the smaller inv h&s not shown here down below. *not financial advice*
Long
by DrDovetail
1
XRPETH just hit the target of a micro inv h&s breakoutWe can see it has wicked slightly higher than the measured move breakout target. More importantly, in reaching the target of the mini inverse head and shoulders, it has taken price back above the neckline of a larger inverse head and shoulders pattern as well. I anticipate a retracement candle or few to retest the neckline of the larger inverse head and shoulders neckline as support if it can solidify that larger neckline as support we should see XRP continue to make considerable gains against ethereum in the coming weeks and possibly even months. Once we have confirmation that we are likely to validate the breakout of the larger inv h&s pattern I will post another chart that focuses on its measured move. *not financial advice*
by DrDovetail
Inv h&s on xrpeth pair on the weekly chart.We can see price action on the weekly xrpeth chart is peeking above the neckline of an inverse head and shoulder pattern here. If we can close this weekly candle above it and see a bullish volume impulse on next weeks candle we should be able to confirm this breakout which has a target that would lead to xrp gaining 59% in value against ethereum. For now this isn’t confirmed, however you may have noticed I posted a chart a few weeks ago that showed xrp should be making even bigger gains on ethereum than that based on the triangle pattern it had broken above. So with that in mind, it doesn’t surprise me that we’ve seen this many daily green candles on the xrpeth chart and increases the probability of this inverse head and shoulders pattern getting validated. For now we must await the pattern validation *not financial advice*
by DrDovetail
Xrp appears primed 2 make close to 1500% gains against ethereum The XRPETH monthly chart does look like it needs to make a decision soon. To the me that decision seems like it will be a breakout upward, but of course these kind of pairs charts don’t behave anywhere close to as predictable as the usd pairs seem too so this pattern may not trigger like it usually does in traditional TA. Regardless even if it does break upward, since this is the monthly chart it may take 6 months or more to reach its target. *not financial advice*
Long
by DrDovetail
3
XRPETH bearish targetevery other 'breakout' *coughcough (its been in a bearish cycle forever) has been followed by an 80% + dump seriously do not buy this coin 0 real world usecase, 0% deflationary theres 0 reason for it to exist it will probably eventually just get delisted as its fkn useless it got way overhyped in a mistaken crossover with ripple labs, just the token doenst have any reason to exist, ripple labs are fine, but xrp doesnt buy you a share of ripple labs, it buys a token called xrp with no cap in supply and it literally doesnt do anything, its not even mined and therefore is neither a crypto currency, nor decenteralized. dont fomo this coin, fomo btc or eth sure, but this one is just going to continue to underperform until it is probably delisted from most exchanges. or just becomes more worthless than it is already.
by olliecoughland
16