XRP has been within this descending channel for a while now. The next couple of days will be crucial. Do we head lower to test the 0.77-0.84 region before challenging ATH? Or has the previous backtest of the low 0.90’s been enough and we break out of this channel and continue higher? #questions
*VERY INTERESTING* So now that Super Dave came from the future and gave me all the price action over the last couple of days, I’ve had some time on my hands. Take a Fib channel and link the two previous lows over the past year or so. Then as the 0 level, link the low ascending channel trendline. This is kinda crazy... 1.618 level is were things started to take...
Double Retest Completed at Targeted Levels of 0.98 and 0.99. Look for strong move towards $1.10 followed by sharp reversal to $1.04. After those moves, we should push hard into the $1.20’s #nailedit
Many has mentioned a breakout to higher targets, Yes there is a huge triangle on the 1 hour chart, but there is also a "hidden" wedge present. We are most probably going to get a retracement to the levels showed in the chart. Remember, already in 2018 the Sweedish Central Bank had moved liquidity worth over a 1B SEK via Ripple. You really think they do not know...
Many has mentioned a breakout to higher targets, Yes there is a huge triangle on the 1 hour chart, but there is also a "hidden" wedge present. We are most probably going to get a retracement to the levels showed in the chart. Remember, already in 2018 the Sweedish Central Bank had moved liquidity worth over a 1B SEK via Ripple. You really think they do not know...
HUGE! XRP has finally broken through the upper trendline! If you’ve been following along, you realize what this means and why this is a big deal. Extreme bullishness. Previous fractal would indicate potential for ATH being broken. #wildrideahead
XRP has mimicked the previous structure. A breakthrough of the previous ATH trendline. Followed by a backtest. Now a clear break of the new ATH trendline should propel XRP well above the ATH as seen before. Once the 0.70 range has been cleared, the rocket ship will be a go. #lookout
Eventually this condensing structure will nd. Sept 22nd 2021 is the end. Between now and May 10th is a potential exit point. A breakout to the upside will be in uncharted territory and may indicate a break of the ATH is on the horizon. #thirteendollarxrp
XRP needs to break through 0.70 to finally get out of all this congestion. Breakout into the 0.60’s predicted yesterday has happened. This weekend my see the challenge of 0.66 and possibly a break of that upper most trendline. #fingerscrossed
Hi, we are in a beautiful triangle right now and we saw yesterday that the support level 742 held very well. Today we got a big push from the support level and if we break the trendline in the next couple of days, then we are ready to takeoff. We are going to see XRP outperforming BTC in coming weeks with RSI around 30, it indicates that XRP is oversold and...
BTC is about to make a new high. At that point XRP may be triggered to explode. The new bitcoin high will most likely come in the next 10 days. Most likely earlier in that time frame. 0.41-0.46 seems to be a strong buy price for XRP in this scenario. XRP has a lower trendline. The first bottom off of it was followed by ~120% bounce. The second bottom bounced...
XRP has been flat for the past week and a half, so not much to go over. Until today. We are back at a critical Fib channel retracement level, and either we are headed back down to the low 40's (0.375 seems out of reach now, thank goodness) Or, we are headed to battle that 0.66 level and possibly all the way up into the 1.25 levels. FlareNetwork should be up and...
We are going to have an XRP reckoning in the coming week. As discussed before, Bitcoin should hit around $58,000 before having a 50% retracement. That will more than likely bring XRP down with it. So are we at a spot where XRP may break lower, towards the 0.33 level? Or, will XRP finally diverge from BTC and shoot higher towards the 0.86 level?
Something looks to happen before the end of May. It's difficult making calls on short time frames, sometimes we need to step back and look at the big picture. Doesn't get more big picture than going back to the all time high. Either the low or high trendline gets broken by mid May, let's hope for a break on the high side ;) #youdoyou
Previous post was excluding a possibility of a near term XRP breakout. What if the BTC channel is flatter than previously mentioned? It would take longer to hit the $55-58k region. What if XRP sails past the 0.86 price during that time? Potential to hit $2.36 ... Now, if XRP is ranging around $2.36 and BTC is around $58k... Expect a swift pullback of XRP into the...
We have had a hard time with the 0.70-0.80 region over the past few years. BTC is in an ascending channel, as is XRP. Let’s assume both continue. BTC has major resistance over $55k (my guess is $58k) A major pull back for BTC may coincide with that same multi year resistance of 0.70-0.86 for XRP. That could create a big drop for BTC into the mid $20k region, as...
I've been eying this fractal for the past week or two. Big things coming for XRP.
This isn't over. Each previous breakdown set a lower low. Big things coming for XRP.