Looking at these two banking tokens on a weekly line chart it is not hard to see that the price action pattern of both has been nearly identical. Using a log scale to measure the change in percentage we see they are topping and bottoming together but yet XRP is up nearly 2x over XLM. If we look at the first range xrp traded in at launch we see a lower double...
XRP is getting close to completing the 2nd Wave of the 5 Wave move to the upside after breaking out of the Cup & Handle formation that I identified in my earlier posts these past few months. It looks like we could see a turn around, and the start of the 3rd Wave around, or shortly after the eclipse. Good luck, and always use a stop-loss!
Hi folks today I'm prepared for you Ripple analytics. A not long time ago price started to trades in the resistance zone, which coincided with the 0.6185 resistance level, after which XRP rebounded from this zone and rose to the trend line. Then price turned around from this line and in a short time declined back to the resistance zone and even lower, breaking the...
BCHG has broken through all the resistance levels. Next one is around $24.50 and if it can get through that then I see a straight shot to $43 and then $55. At those levels I would expect a decent pullback perhaps up to 50% before its attempt to break the high. BCHG is much further along than LTCN in its run. LTCN still has a long ways to go to reach the level...
Ripple Labs Inc., an American blockchain payments firm, has recently announced its intention to launch a stablecoin that could potentially compete with Tether ( CRYPTOCAP:USDT ) and other similar stablecoin assets in the market. The firm aims to offer transparency in its reserves, which will be pegged on a 1:1 ratio with the United States Dollar and will be...
Injective is one of the AI-related altcoins which grew by +800% after the channel breakout. Now the price consolidating in a channel and you can buy it close to the bottom and sell at the top of the channel. The main question is at what side the channel will be broken! Additional question, if the price have enough power to grow by 700% as the continuation of the...
The CRYPTOCAP:XRP market is grappling with turbulence as traders count their losses amidst mounting uncertainty surrounding the Securities and Exchange Commission's (SEC) lawsuit against Ripple ( CRYPTOCAP:XRP ). With the price plummeting to a two-week low of $0.56, investors are bracing for further volatility ahead of the next key deadline in the legal battle...
Strap in for the ride as XRPBTC looking to break out a substantial falling wedge and cause the XRP price to rise back over $1
XRP is currently in an ABC correction pattern that is forming a perfect Head & Shoulders pattern. If price action continues to drop, I expect it to hit the lower range of the descending wedge indicated by the purple box, which could act as a launching pad for the next wave up. Good luck, and always use a stop-loss!
Possibility for impulsive wave 1: Expanding diagonal (leading) - with target: 2.84 USDT ?
Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊 Recently price entered to rising channel, where it rose to support level, but at once bounced and fell to support line of channel. After this, price turned around and made upward impulse to resistance level, thereby breaking $0.5665 support level. Next, XRP...
XRP is retesting the last compression. Now waiting for the move to $1.5
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Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (XRPUSDT 1M chart) If the price remains above 0.47, it is expected to continue its upward trend. Since the volume profile section is formed around 1.0409, it is expected that a new wave will be...
See how the next 3 month closes with it being the 2nd half of the first 6 month candle of the year. If the 6 month can close bearish there is a higher possibility the next 6 months after could continue bearish. The last 3 months closed as a smaller bullish candle. See if it can break and close out of this range either side for a confirmation.
The SOL price makes a local pump after test of the trendline. The biggest price support for Solana is at $16 (channel bottom and trendline). Also pay your attention to the BUY and SELL side. If you open a trade at the bottom of the channel it would be better to close at least 30-40% at the top of it. 💥Bitcoin will show the direction for alts. So pay much...
💎 Paradisers, take note of #XRPUSDT as it unveils an intriguing pattern. Our focus lies on key resistance levels, which could potentially pave the way for a bullish continuation from the critical support at $0.5710. We remain vigilant, awaiting the opportune moment to execute our strategy. 💎 In the event that $RIPPLE loses momentum at the support level, we...
If you've followed my charts, then you've certainly seen the cup & handle pattern that I identified many months ago in XRP. Although the breakout wasn't as spectacular as many of us had hoped for, it seems a pattern is forming within the pattern. The bull-flag, in combination with the Fibonacci sequence, and the upper trendline of the 'XRP is not a security' rally...