Long

✴️ Entry Timing | XRP

Updated

Maybe an entry now can later be called "great timing", it seems that a low has been hit.

XRPUSD Bullish on the 4H timeframe.
Based on early signals.

This bullish potential can be invalidated on a daily close below the last low.
Any trading above this level (blue on the chart), we consider super bullish.

Namaste.

Note

Perfect timing.
Growth potential is really, really high... It is still very early, just the beginning.

Note

Ripple wins SEC lawsuit opens the doors for a 150% rally.
We have both a news update as well as a full 10X lev. trade live!

More information below...

✴️ Good News? SEC To Dismiss Lawsuit Against Ripple's CEO

✴️ Good News? SEC To Dismiss Lawsuit Against Ripple's CEO

✴️ XRP 10X Lev. Opens Easy 1,500% Growth Potential

Note

XRP is showing zero signs of weakness, in fact, all signals on all timeframes are becoming stronger when it comes to the bullish side.

When the low is hit, it is hard to read, doubt can creep in.
When the breakout comes, we feel relieved because that's the confirmation we were looking for...

With everything pointing up, we just have to let the market do its thing and produce a follow up.

Just as the chart succeeded in predicting a Ripple win and major XRP rally before the event actually took place... The chart is once more saying, "forget the doubters, a higher high comes next!"

Yes, a higher high follows a higher low.
Yes, we are strongly bullish above support.

Feel free to leave a message if you have any questions, "entry timing" is great.

Namaste.

Note

This formation here is a bullish continuation pattern, regardless of short-term swings:

The pattern can become invalid with several sessions closing below 0.500.
Anything higher and the bullish bias is intact ultra-short-term.

The bigger picture is really solid.

Focus on the price.
Ignore FUD and the rest.

Note

Here XRP can be seen holding daily above EMA50:

When above EMA50, bullish;
Below EMA50 bearish.

As long as XRPUSD trades above EMA50 it is bullish, the rest can be ignored.

There was a rejection late September/early October when this level was challenged as resistance but now XRPUSD is holding above EMA50 since October 19. This is bullish consolidation.

The longer it stays above this level, the stronger the pair becomes.
If it moves lower you can consider other scenarios but definitely bullish when above.

Namaste.

Note

This is a short-term/fast timeframe.

Here is an update for XRPUSD (4H)

Our "great entry" confirmed early on with the action that happened 16-Oct.

The strong move to break above EMA50 and EMA300 19-Oct confirms the bullish bias, this is the initial breakout and XRP starts to move up.

After the peak we have the classic retrace which is a form of consolidation.

Since EMA50 was recently conquered as resistance and is a strong level, it is now being tested as support. So far it holds.

EMA300 can also be tested but not likely (grey line on the chart).

The bullish bias remains intact and XRP is "loading" before a bullish continuation.

The main support levels are marked grey on the chart.
Immediate support is sitting above 0.5 Fib. retracement on EMA50 at 0.53733.

Next support matches 0.618 Fib. retracement together with EMA300 at 0.51693-0.52000.

XRP is set to move higher in the short-term (maximum within days), based on this chart.

This analysis would only become invalidated if prices crash strong and close below the "great entry/timing" low.

Anything else is strongly bullish.
Patience is key.

Namaste.

Note

We have rise of 6%+ since my last update... XRPUSD bullish bias continues to build up.

Straight up, the chart is saying.

The RSI is super strong above 70... We can only expect higher prices based on everything, the chart, the market all around, the signals, the fundamentals, the cycle, the sentiment...

Good times ahead for Cryptocurrency, better than what most of us can grasp.

Thank you for your continued support.

Note

Another new high, just minutes ago...

XRPUSD continues bullish.
We will zoom out to the 12H timeframe to get a better perspective of the next leg up.

The short-term fibs we plotted were hit perfectly and the peak coincides with the 13-August support breakdown which is now working as resistance.

If I had to update the chart it would look like this:

Grey is the main support, EMA10 and EMA50 both matching fib levels.

We can easily see straight up but if resistance is strong a test can happen before higher prices.

The technicals and bias is 100% bullish though, regardless of what potential moves can develop.

Going further back, we can see the August 2023 resistance highlighted. Previously a support level now turned resistance:

After this level straight up to 0.7800.
Now, this level can take a few days to break just as the support took a few days to fail.

The market decides.

Namaste.

Note

Fundamentals update

In support of the XRPUSD bullish bias, Ripple just had another minor win in the legal battle with the SEC, their demands are completely detached from reality.

This further supports everything we've been seeing and saying about this trading pair.

100% bullish.
Tons of potential left for additional growth.
This will be very clear soon based on actual results.

Thank you for reading.

All chart technicals mentioned above remain either the same or stronger.

Note

This is a very strong rise.
Remember when I said we should expect something similar to what happened in July?

This is it, it is happening again.
The only difference is that we will get a higher high, much more growth... Patience is key!

Namaste.

AlanSantana

🔝 Daily Cryptocurrency Technical Analysis
followalan.com

🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)

🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com

Also on:

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.