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Lifeisbullish

XRP AND WHERE WE STAND 🔥 Hope everyone's been well! I've mainly been busy with work so haven't had the chance to post till now but again hope everyone has been alright and well! I'll be sure to keep this quick and concise. 🔥 Following up from our last idea we can see the turnaround from our Death cross with us having regained that 200 EMA. Here's a chart picture for reference from a couple days ago I took: 🔥 I highlighted those peaks to watch out for a breakout and that brings us now to today's chart: 🔥 I've added this blue dotted line to signify our resistance, if we get any breakouts or bullish runs watch that blue line for what'll be resistance no doubt, that being said if we can break it again I can see us breaking out of the 0.60 cent range soon enough with how things have been. 🔥 With the Fed Rate's Cut of 0.5 percentage points that's no doubt raised sentiments as of lately and the market's seemed to love it, especially crypto with Bitcoin leading the pack from it's low of roughly $54,000 in September to $64,000 signifying this bullish sentiment. 🔥 That being said the 200 EMA's are playing a huge role in things for technical traders so I'd keep an eye on that but we've got something else to note: 🔥 When we look at the big picture for the last month or two we see that we're in this sort of middle point, we've seen 0.45 to 0.66 cents in a relatively short period and we already see how dramatic the market can be, so do keep that in mind, whether or not we lose or keep that 200 EMA can help determine whether or not we can get a possible breakout or if we'll fail to sustain that pressure and retrace, reverse course. 🔥 I've got to run but wanted to put something out while I had the chance, overall even if we fall and retrace, things look bullish especially with XRPL development the future looks bright for XRP regardless of what the charts do, that's the biggest picture note I've got. 🔥 Thanks for tune in as always and wishing well till next! Have a great day and keep up all that you do! ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
1
XRP DEATH CROSS AND WHAT TO WATCH FOR 🔥 Hey hey, sorry it's been a couple days since I've been able to post, been working everyday so I haven't had any time but I do have a bit of time before work today so figured I'd pump out an idea for you guys here, and as always, thanks for tuning in! 🔥 In my last idea I brought up that death cross, it was looking like we we're about to have a death cross form and well, that's exactly what happened. Here's a quick chart from the other day in which we saw our chart already fighting to regain that 200 EMA on the hourly but unfortunately bulls weren't able to get that done and bears took over. 🔥 Gonna keep this idea short and simple since we already know we're in a death cross. We already knew that was likely going to happen once we lost our 200 EMA so now what we'll be looking to and watching out for is price action above 0.514. These horizontal levels are pretty prevalent and no doubt traders are acting off what we do here and here's a 15 minute chart: 🔥 Off the 15 minute chart alone we can see how we're slowly making our way back up and looking to regain that 200 EMA soon enough, that being said we'll likely regain the 200 EMA soon on the 15 minute timeframe but we'll need to regain it on the 30 minute and hourly to get a solid bullish confirmation before traders will throw money at XRP again so till that happens expect waters to be choppy. 🔥 So watch those horizontal levels, when we're below a level it'll act as resistance and when above any level it'll act as a support so watch for that as well as this new annotated descending channel which is highlighted in the blue lines to show off this descending channel that's formed since we lost our 200 EMA. That's helped bears push price action down so another bullish confirmation will be when we break out of this channel so bear that in mind. 🔥 I have to go but I wanted to give you guys a few things to look at for reference while I'm out, anyway thanks for coming by as always and thanks for tuning in, wishing all the best till next! ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
1
XRP Death Cross?⚡ Hey hey, hope everyone's doing well, short and quick idea here for you guys, we'll look at what could possibly be a death cross forming on XRP's chart. And as usual here's a quick reference to our previous idea, chart. ⚡ Off that we can see that we we're at that pivot point and we did make note to watch for a breakout or fall, wild to see what's happened since then, we did indeed get the breakout we were looking for before hitting that next resistance at our horizontal level above which is fair enough, we know those levels are important to the market bears ended up winning for the day knocking bulls back down but that's only after the fact that a higher high was established. ⚡ So it's great seeing that but here's the kicker, on our 45 minute chart as shown below, we could possibly be entering a death cross soon, check it out. ⚡ We've already seen what happened when we got that Golden cross at the beginning of the chart on the 19th which basically kickstarted this rally and we've been able to steer clear of the 200 EMA, till now that is. We're just barely skimming it but if we end up converging and fall below it then expect some bearish price action to keep it simple. ⚡ And on the 15 minute chart above we can already see the effect by which we've reversed and lost t hat 200 EMA so it'll be a matter of whether we can avoid losing the 200 EMA on the 45 and hourly charts, if we lose it on the hour then definitely expect some retracement is all. Hopefully not but if it happens it happens, it's just the market's ups and downs. ⚡ Have to get ready for work but thanks for coming by, appreciate the words and support as always, have a great day. ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
1
IMPORTANT QUICK XRP UPDATE!💥 Hey hey, hope all is well, we're kind of in the moment with things here so gonna keep this idea real short and simple. Thanks for coming by and for reference I'll put a link, chart below for our previous idea as reference: 💥 In our previous idea we we're watching that dotted support above the 0.58 cent line as well as our 20, 50 EMA's to see if they'd converge and shocking as it is they've managed to avoid it on the hourly, that being said the 15 minute is a bit different but we'll look down below for that: 💥 Quick and basic 15 minute chart here for you guys, we see there's been a couple times where our 15, 20 EMA's have flipped but what matters here is that 200 EMA. Regardless of our 20/50 EMA's we've managed to keep above that 200 EMA overall and bulls have taken to that with this big push back up above 0.61 to where we'll now have this next pivot, fight no doubt. 💥 Definitely set an alert for 0.615 if we break that and get a possible breakout, it's definitely a possibility though I do want to caution the fact that we're pulling away a bit from our 200 EMA and that's gonna make it easier for our 20,50 EMA's to converge at some point so keep an eye on those, we're already seen what happens when we overextend, take a look at the 20th for example, we see that the EMA's we're able to flip and we got that big drop from 0.61 to 0.59 so be mindful. 💥 I have to go, busy as usual but thanks for taking the time to read through my quick update, wishing the best till next and make sure to keep tuned, thanks and have a great day! ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
3
XRP QUICK FOLLOWUP! ⚡ Hey hey, hope everyone's doing well today, simply wanted to make a quick follow up from our last idea is all and this won't take too long, thanks for coming by! ⚡ In our previous idea we spoke on XRP's jump and how we'd gotten that golden cross and regained the 200 EMA. So far that's still the case and thankfully we've managed to avoid losing, crossing over our 200 EMA and our 20,50 EMA's have been pretty good so far as well even avoiding a convergence when we nearly fell below 0.59 cents. ⚡ That being said we can identify this support above the dotted line which is annotated with that support above 0.58. Would recommend setting an alert there in case we do fall and lose that support be which our next point of interest for support could possibly be 0.575 or 0.56 even if it comes down to that. ⚡ Can see how we're still fighting to break 0.61 but it was nice to see us form a higher high after falling from our first peak at 0.604 so that's been positive to see. Main thing I'll be keeping an eye on is our 20, 50 EMA's and whether or not we can form a higher high and close above 0.61 for the day or if we'll miss the mark and enter a bearish position. ⚡ Main thing is that we keep above that dotted line of support in at the very least, off past price action we can see that 0.58 and above has acted as a good support already so that should be a good reference point and we're gonna aim to hit 0.61 again and close above it if possible by which we'll continue to be bullish as long as our 20, 50 EMA's can avoid converging. ⚡ I'll end the idea here since I did say it was going to be short but keep an eye on the 20,50 EMA's and that 200 EMA if we do end up retracing and crossing over that as well. I'll keep you all posted as usual so make sure to keep posted for more as always and thanks vm for the continued support. Wishing all well and many blessings! ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
5
XRP Jumps! Ready for movement? 🔥 HI HI, hope everyone's doing alright today, this idea won't take too long so feel free to tune in for a short bit, thanks as always! 🔥 Before we speak quickly on XRP we'll look towards Bitcoin, Bitcoin's still in a bearish position being below it's 20,50 and 200 day EMA as displayed with our chart below: 🔥 Bitcoin would need a daily close above $58-59,000 to affirm an uptrend, we keep on failing to maintain any real uptrend so far, not to mention we keep losing our 200 EMA and until Bitcoin can start flashing bullish signals traders undoubtedly will keep shorting BTC understandably so that's something to take note of. 🔥 That being said XRP's taken a different route and we're not seeing much of a correlation between the two, especially after our recent news of the UAE's adoption of Ripple which has since formed a stark difference between BTC and XRP's charts. 🔥 Now let's get to the highlight of the idea here, I've got our hourly chart below depicting XRP's price action since August and we can pull a couple things from it though the main thing here is where we get hit with resistance. The horizontals are the same as ever and it's clear that we face resistance at 0.624 and 0.64 as we can see below: 🔥 That's something we should keep in mind since we'll face a fight there should we come back u to those horizontal levels soon so make sure to mark those for future reference. That being said XRP's looking positive, we've got this golden cross and we may just be headed for a comeback if we can sustain above 0.58 cents and avoid losing that 200 EMA though as usual we'll have to see if bulls can sustain price action up here. 🔥 I said this idea would be short and we'll leave it at that for now but definitely set some alerts and keep an eye on that 200 EMA as well as the lower EMA's. I'll keep you guys posted but I've gotta run, thanks for joining me for a bit, appreciate it! ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
1
XRP INSANE NEWS! DUBAI PARTNERSHIP! 🌠 Wow wow, didn't expect to be writing an article like this for XRP, let alone so soon but here we are! This is some pretty sudden news so I'll keep it short and simple and before we start we'll put down a reference chart of what we're looking at right now on the three minute chart for XRP and I'll add some links to the articles, announcement below as well. 🌠 Much like a shooting start XRP has shot straight across the sky or in this case, straight up amongst the breaking news now of it's UAE partnership! In a shocking revelation Ripple through an official announcement has announced plans to work and partner alongside the UAE's DIFC Innovation Hub which is the innovation ecosystem of the Dubai International Financial Centre or DIFC for short. This will allow XRP to accelerate it's blockchain and digital assets innovation in the UAE as the article puts it. 🌠 For those that aren't too familiar, the Dubai International Financial Centre is the leading international financial hub in the Middle East, Africa, and South Asia, this amongst XRP's SEC case in the USA signals an expansion which as I imagine many investors will take a liking too, especially when we look at how hostile the USA, SEC more specifically has been when it comes to crypto and the digital asset space. 🌠 This marks a significant step in the path for XRP becoming a real digital asset that will one day come to affect billions of lives as Ripple continues to make headway and create new partnership's and expand, grow as it continually has since being founded in 2012. This is a huge step for Ripple and will only lead to more adoption and help Ripple establish a stronger foothold in the financial world no doubt pulling a lot more attention and eyes no doubt. I'll leave a link to one or two articles below for reference if anyone would like to read more into the news. 🌠 Wanted to get something out real quick for you guys since it seems the market's just picking up on this news and I thought you guys may like some positive news! Here are the links below as well to the announcement and some additional articles on the subject. Technically wise to keep it simple, I'm not paying too much mind, things are going to be volatile as the market takes the sudden news so we'll keep updated on that for more as usual. Thanks for tuning in as always with me and feel free to leave a like and follow for more updates as always! May you all have a blessed day. ripple.com www.bitcoinsensus.com ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
1
XRP NIGHT ANALYSIS!🌧 Hey hey, thanks for tuning in, hope everyone's doing well, thought it'd be a good night for a quick night analysis so thanks for coming through, this won't take long and here's a reference, link to our previous idea: 🌧 In our last idea we already knew things we're going to get moving pretty soon thanks to that tug a war and ultimately we can see how bulls ended up winning with that one before that resistance kicked us back down at 0.65 thus prompting our fall, especially once we'd lost that 200 EMA. 🌧 That being said here's a 15 minute chart which should make things a lot clearer! 🌧 15 Minute chart makes things pretty clear, we see everything from the loss of the 200 EMA to our descending channel which we're in. Like I said in that previous idea, definitely watch those horizontal levels, can see just how crucial they've been and we may end up retesting 0.541 soon enough if we can't get out of this descending channel though that'll depend on when our 20, 50 EMA's decide to converge and bulls get their grip back. 🌧 Main thing I'll be watching for now is this descending channel and if we get a retest at 0.54 or keep above 0.55 in the least. Just looking for support right now and that being said if we can keep that then we'll get another go at facing that 0.60 cent level which continues to be a fight understandably. 🌧 I'll leave the idea here for now but I simply wanted to come through with that and share some quick thoughts and views is all, thank you for taking the time with me today as always, I appreciate you all and wish nothing but the best. Blessings till next. ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
2
XRP READY TO FALL OR BREAKOUT? ⚡️ Hey hey, hope all is well, wanted to come through with a quick ta before we catch some sleep so feel free to tune in for a quick read, and thanks as always. ⚡️ Since my last post we've managed to avoid falling further instead now forming what's become this ascending channel which has helped us to get all the way back up and break past 0.61 again before we understandably hit that resistance at 0.63. ⚡️ Being where we are right now, it's been great that we've managed to avoid losing this ascending channel, not to mention we've avoided losing our 200 EMA on the 45 minute timeframe but whether or not we can continue that will likely come to be seen within the next few hours, if not sooner. here's that 45 minute chart below: ⚡️ I've added a few annotations but the 45 minute chart helps us see things pretty clearly, since our original test of support at 0.54 and thanks to this ascending channel we've managed to avoid crossing paths with our 200 EMA only touching once before bulls helped with a big buy order to push us back up and avoid crossing. ⚡️ That being said, we failed to break above 0.63 and form a higher high, now that doesn't mean we're instantly bearish, we can see that we hit that resistance at the ascending channel's top, just like we have our support line which has helped us avoid falling further, we're gonna have our resistance line as well, simple enough. ⚡️ To keep things short and simple, bulls want to keep within the ascending channel and aim to break 0.63 for a possible breakout and bears will want us to lose our channel. If we slip and fall out the channel and our bars end up crossing paths with that 200 EMA again, then expect bears to take a lead and push us down like we went through last time. I'll be watching the 20, 50 EMA's to see if they flip, so far they haven't but if they do flip and cross over each other again then watch that 200 EMA for bearish or bullish confirmation depending on whether we can avoid or if we do end up crossing over that 200 EMA. ⚡️ I have to go, simply wanted to put out something quick for you guys, curious to see how this plays out over the next few hours and days! Keep tuned for that of course, talk to you guys in a bit and thanks for the support as always! ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
3
XRP QUICK NIGHT TA!🔥 Hey hey! Hope everyone's doing well, got some free time and wanted to get a quick TA and follow up here from our last idea. It'll be a quick but important idea. And thanks for joining me as always! 🔥 In our most recent idea we added in this ascending channel with the blue lines, I've extended it in today's idea with the red lines for reference. And here's a link and image of the previous idea: 🔥 Following off from that we'll take a quick look at what's happened since and some smaller timeframes. First thing to note is that as we spoke on in the previous idea, we we're anticipating a possible reversal and retracement, especially after the big rally we'd experienced. Can see how once we lost that ascending channel we really got some sell pressure before getting that support at 0.541. And for reference here's our 15 minute chart: 🔥 I've added two annotations for reference to highlight the two points of interest as of currently. First things first, can see how once we lost that 200 EMA bears basically took over before that support at 0.541 hit back ultimately helping us regain that 200 EMA and pushing us to our next highlight! 🔥 We're at this horizontal channel now and if I had to say from past trading action and behavior, we'll more than likely be seeing some sort of breakout soon enough, now whether or not that happens depends on the 200 EMA, we're familiar with that 200 EMA by now and it's effect so what happens next will more or less be based off whether or not we can stay afloat and above that or if we'll lose the 200 EMA again being that we've failed to form a higher high already and tested that support at 0.541 so definitely set some alerts for 0.541 and 0.610 if you want to keep tabs on things. 🔥 Said this was going to be a quick idea and that's that. Just wanted to follow up and highlight a couple things for now but I'll definitely keep you guys posted and thanks for joining me once again as always, many blessings and good wishes till next! ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
2
XRP IS ALIVE AND SO AM I! ✨ Before I start I just want to give thanks to anyone who's here, I really appreciate it and it means a lot to have you guys here. The past few weeks for me have been a lot to say in the least, been dealing with a lot and I haven't had the opportunity or chance to post thanks to all that unfortunately. ✨ That being said, we're back at it, and I'm hoping I can get back to normal with things, still dealing with a lot of course but I owe it to you guys to get back to being active, even with everything going on so thanks all the more for being here. ✨ It's been a rough month for the market in general, especially crypto as interest rates and inflation have battered us. On top of that we saw Bitcoin fall in a dramatic move which prompted the fall of other crypto's and the market overall before rallying this week back above that $65,000 mark in a sign of resilience however here's where we'll have another challenge. Bitcoin's going to have to keep above $62,000 at the very least to keep bullish and it'll have to break $66,000 in order for traders to be able to target and look to new and all time highs. ✨ Now Bitcoin isn't XRP of course but we are well aware by now that Bitcoin's price can be a lead indicator, a strong indicator at the very least for crypto as it usually drags the market with it thus another reason for why we've seen this dramatic rally in XRP this week as XRP alongside the majority of the market followed Bitcoin up. So now the markets holding it's breath waiting to see what Bitcoin does. ✨ As for another catalyst to this XRP breakout I've added a quick chart below highlighting the intersection and where that breakout started, we can see how we exited the blue wedge and regained the 200 EMA which allowed for us to get this golden cross and that's helped XRP rally. ✨ Next to look to is our ascending channel on the 45 minute chart displayed below which makes it clear that we've got this ascending channel that's helped to further boost XRP's price and rally. I see us getting a big retracement and falling if we end up slipping out and below the ascending channel as we don't have any support points to look to on the local time frame aside from our horizontal levels by which we'd take 0.515 as one support level and presumptively the levels below should also act as supports unless broken. ✨ I'll leave the idea here so we don't make it too long but yeah, keep an eye out for what'll likely be a retracement or some sort of reversal after such a rally. As much as we love seeing prices move up we always have to consider the alternative and be aware that sometimes the market's going to want to relax and cool off a bit, especially after a rally. And if we do end up losing that ascending channel then please look to that 200 EMA for a bearish, bullish confirmation. ✨ I have to go right now but I wanted to get something quick out for you guys, again apologies for the delay, it's just been a rough few weeks but I'll be back and active with it so thanks for the support, especially to those that have been with me for so long, thank you my friends. ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
3
XRP'S ASCENDING CHANNEL FOLLOW UP! 🔥 Hey hey, hope everyone's been well, here we are once again, coming through with a quick follow up for you guys on behalf of our previous idea. As always, thanks for joining me for a bit, appreciate it! 🔥 In our last idea we added that ascending channel and highlighted the fact that we didn't want to lose it else we'd likely fall and that's exactly what ended up happening. Here's a link to the idea, chart below for anyone that'd like to check it out: 🔥 We already knew we we're testing that support since we'd already had one touch there and we're fighting with the 200 EMA before we ultimately lost it, compare that to today's chart and we can see how we've been flowing through these channels which I've now added in the blue lines to make things simple. 🔥 The ascending channel took us down before we hit that support at 0.5146 by which then once we got that retest of the horizontal level bulls we're able to reverse things and we've even managed to regain the 200 EMA which is just great to see of course. That's what we like. In reference to the ascent I've added this ascending channel which we can see in depth below on a shorter time frame: 🔥 Judging by our current ascent, what matters is whether or not we keep above 0.526, if we can't keep above that horizontal level and our 20, 50 EMA's flip then expect some sort of retracement, especially if we lose that 200 EMA again. Just keep an eye on the horizontal levels which are in black and our ascending channel (within the blue lines). That's about our best reference points for now. 🔥 I've got to run, said this idea would be short and quick and so we'll leave things there for now, simply wanted to share some thoughts and all real quick with this follow up, we'll do a bigger picture analysis over the week too so keep posted for that! Thanks as always and till next, have a great day! ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
5
🔥 XRP'S ASCENDING CHANNEL 🔥🔥 Hey hey! Hope everyone's doing well, this is gonna be a pretty quick idea so feel free to tune in for a short bit, thanks! 🔥 In our last XRP idea, chart which is linked below we added in this ascending channel and some horizontal channels to help keep a reference on the chart. 🔥 Since that idea we see a couple things have happened notably. I've extended the ascending channel with some dotted lines to represent the before, after. First point is that we managed to find support again at 0.525 and rebound, even after we'd lost the 200 EMA which brings us to where we're at now. So we managed to avoid losing our ascending channel and regain the 200 EMA again. 🔥 I'll keep this simple, we're at a pivot point, if bulls can manage to keep us from falling and losing the ascending channel then they can use it as a support and that'll help us push for higher prices. We did manage to hit that 0.537 before retracing so if we can pull back up, I'd expect it to give us a fight with 0.54 being the main battle. We break that and we could possibly see a breakout should we form that higher high for the last couple days. 🔥 Another case is that we lose the 200 EMA, we fall below and out the ascending channel and fall hard by which I'd refer to the horizontal levels we have to test for support and resistance levels should that happen. 🔥 Said this idea was gonna be quick and I have to get ready for work so we'll leave things there, simply wanted to come back to our chart and go over a couple things we're looking at currently. I know it ain't much but I simply wanted to make a quick follow up for now and we'll do a deeper technical analysis for our next idea. 🔥 Anyway, thanks for joining me for a bit, appreciate all of you guys as always! Here's to a good future for crypto. As always, many blessings till next and Keep tuned for more. ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
1
✨ ETHEREUM TA AND EDITORS PICK!✨✨ Hey hey! Thanks for joining me! Crazy to think we're here and all today. I'm happy I was able to make a post on Ethereum's ETF being greenlit and so honored that I was picked by Tradingview for the Editor's picks. 3 years I've been here and I'm so grateful to each and every single one of you guys. Took 3 years to get one but it feels well worth and I owe it to all of you. Thanks so much. 🙏 ✨ Gonna try and keep this short, I'm sure you all have a lot going on so let's follow up on things. To start us off we've got a chart from yesterday's idea for reference in which we added that ascending channel and spoke on a few subjects including the possibility of a reversal or retracement following the impulse wave up. ✨ So we've got that chart from yesterday's and now here's today's chart with a 15 minute approach for better depth, analysis. ✨ Understandably, we had this battle for support and Ethereum ended up losing a bit of ground once those 20/50 EMA's started flipping, but once we lost the ascending channel and started to exit, traders notably took profits and closed a lot of positions. That's fair though, you see it lose the channel and you don't really know how far things can dip but in this case we've managed to keep above $3,630 and avoid anything too significant, at least for now. ✨ What matters now is who wins this tug of war. Bears and Bulls are notably gonna be fighting as we're sitting in this crossroad with the 20,50 and 200 EMA. If we lose that 200 EMA chances are good that we'll slip back down and have to retest the two support points we've already hit which are labeled in blue. ✨ So we've got that fight on the local timeframe at least, bears want us to lose the 200 EMA and bulls should aim to regain it as well as push to break back into the ascending channel though being that we've not lost it, we should now consider that bottom line of the channel to be resistance should we pull back up there for future reference. ✨ If we end up getting the worst case scenario and we do lose that 200 EMA on the 15 and 30 minute timeframe then we could be facing a drop and possibly retest $3,500. It's been a while since we've been up here so here's a big picture with 3 horizontal levels from past times we we're here, use those 3 levels and feel free to add them, if we should fall thse could be the support points we see. ✨ So basically if we end up getting some sort of flash drop or reversing then look to the 3 points in the chart for reference, hope that helps! ✨ Said this idea would be short and it is, I'll be posting more later so make sure to keep tuned and thanks again, I appreciate all the support, the likes, the follows, the shares, you guys have been nothing short of supportive, thanks for everything! Keep tuned for more till next. ~ Rock '
by Rocksorgate
1
📈 XRP AND THE ASCENDING CHANNEL 📈🔥 Hey hey, hope everyone's having a chill night, wanted to come through with a quick late night post on XRP and our ascending channel. 🔥 In the last idea we added this descending channel, that ended up pulling XRP down and hitting support at 0.492, I haven't added any horizontal levels so price is still adhering to the levels. So with everything that's happened we've got the local low of 0.492 and that high of 0.55. I've set alerts for those two points for reference. 🔥 I've added two horizontal channels as well as two defined black lines with labels to highlight, point out our ascending channel that's formed the past couple days, gives us some reference and insight onto what's happened, what we're looking at. 🔥 Personally, I would recommend adding in the ascending channel, drawings, can help us keep track of things, especially being that we're at this crossroad now with that 200 EMA, we've already had one slip down into the horizontal channel below. Should we end up losing that 200 EMA and reenter the channel I'll be watching the ascending channel's support line. If we lose that, chances are good that we'll continue further. Should that happen I'll look to the horizontal levels and 0.492 for support if we end up really falling. 🔥 I'll end the idea here for now, said it'd be a quick one and that's that, at least now we have some things we can use and refer to for reference and keeping an eye on things. It's been a positive week though for XRP alongside the S&P and a lot of the market so I'm looking forward to see how things play out this week, especially with the SEC's approval today of Ethereum ETF's in a historic push for crypto! 🔥 Thanks for joining me as always, I appreciate you guys so much and wish nothing but the best till next, thanks for keeping tuned! Best regards, ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
2
📉 XRP AND THE FALL TA / IN DEPTH 📉📉 Hey hey, been a couple days since the last idea, wanted to make a quick follow up and take a look at what's going on and happened since our last post. As always thanks for being here and coming by, I really appreciate you guys of course. 📉 In the last idea we pointed out this resistance at that 0.534 level where we had already seen two rejections and we we're looking to see what our chart would do next after falling below that ascending support level that we'd drawn up with the blue lone as shown below, this is the chart. link to the last idea: 📉 I pointed out in the last idea how we had fallen below the ascending channel, this horizontal support which again as shown in blue was helping to push us up in price action. We can see just what kind of battle we had as a result, I've extended the blue line from the last idea with a black line to highlight the before, after and we can see that even then the line's role still played a part in price action as we saw this wild fight between bear's and bulls. 📉 Personally it seems like the biggest fight was over the 20,50 EMA. On the 6th we can see how just when that 20 EMA was about to flip with the 50 EMA we got this massive price boost, buy in, seems like it was a whale, institutions attempt to help bulls avoid seeing a convergence of the EMA's which ultimately did end up happening just about a day later which has led to the creation of this descending channel and that's been the main catalyst for our reversal. 📉 Sure we got the rejection at 0.56, that makes total sense, we formed a new high on the local timeframe and understandably some traders, whales probably took profits, closed positions leading to this reversal and taking advantage of the quick price jump. Since then we've seen our 20, 50 EMA flip and lost the 200 EMA in the process. 📉 Main thing to watch is this descending channel, I'm looking to see if we get this breakout from the descending channel. If we get that breakout then as past price action has told us historically we'll more than likely see price recover and that'll give us this sort of catalyst for our next move up. That is of course granted we break out of the descending channel and can regain the 200 EMA in the process as well, bears will fight hard to prevent that so definitely keep an eye and feel free to add the lines to your own charts. I've added the two black lines to highlight our descending channel. 📉 Didn't want to keep this idea too long, just wanted to do a quick analysis as what we're looking at, what's happened and what could possibly come up soon. I personally see us retesting 0.515 like we last did on the 3rd, if we can bounce off that it should be positive but if we fail and continue down within this descending channel then we'll have to consider 0.50 and 0.492 should should traders want to take profit, close positions, mainly due to psychological factors so definitely set some alerts for those level's if you'd like. I will be doing the same as well as for the ones above our current price point of course, always good to know our top and bottom. 📉 Thanks for coming by as always and taking the time to read through my ideas, especially if you've made it this far, I try to keep things short but it's always fascinating taking an in depth analysis at prices and identifying why some things happen and what possibly can happen, no complaints though, it's helped us identify and formulate things a lot simpler. Thanks as always for joining me today, appreciate you guys and feel free to leave a like and follow to keep tuned! Thank you and till next, many blessings. 🙏 ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
3
⚡ XRP AND A QUICK TA! ⚡⚡ Alright, we're gonna keep things quick and simple today. ⚡ In the last idea we identified what seemed to have been a new resistance trend line and that indeed has been the case, it's simple enough to spot the effect as a result, we've seen prices pushed down right to that low point at the start of May. ⚡ It's there that we see the horizontal levels did indeed put in the work, as we retested 0.485. Once we found support there bulls took a firm grip and we we're finally able to get that breakout above the resistance trendline and that with our 20/50 EMA helped us recapture the 200 EMA to explain ripple's price action in a short and simple fashion. We we're stuck below the resistance, then we hit rock bottom, support and pulled up achieving this breakout that's helped us get back up basically. ⚡ I've encircled two points at 0.534 and 0.5378 or 0.534 to round things up. 0.534 is going to be our current point of interest. Since we already had an attempt at 0.534 before failing to break above the resistance line that made it all the more challenging for us to continue once we hit it again for the second time ultimately failing to regain higher ground. ⚡ Bulls will have to break that in order to push higher so I'd set an alert there and for 0.526 since that seems to be our local support, price action could have us seeing a horizontal channel form as bears and bulls fight to keep above that 200 EMA, or below depending on which team your on of course. So keep an eye out for the 200 EMA line, that'll be the bearish confirmation if we fall below and bullish if we can manage to keep above and avoid seeing those 20/50 EMA lines flip. ⚡ One last note is the blue line, that's basically a support line we've identified, it's also the reason XRP avoided losing the 200 EMA on the 3rd of May when we bounced off that line so it's definitely important to note that with us now being below the line things are technically bearish but whether things actually play out bearish or not will depend on who wins over the next few days and if we keep below the line or can regain ground above it though it'll be a challenge of course, but then again. Nothing is impossible, this is crypto after all. ⚡ Said I'd keep this idea short and that's it, I'll be posting more over the week so feel free to leave a like and follow to keep tuned, I simply wanted to give a quick summary of things and an idea of what we're looking at currently. Either way as things stand, I'm sure thing will heat up over the next few weeks, haven't had much movement following Bitcoin's halving so I'm curious to see what could be in the works. Thanks as always, and best wishes and blessings till next! ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
2
⭐️ XRP AND THE BITCOIN HALVING! ⭐️⭐️ Hi! Hope everyone's doing well today, it's finally that day, the halving has arrived and personally I feel like it flew up on us. Crazy to think that only a couple months ago we we're talking about the halving and now here we are. Bitcoin's fourth halving! ⭐️ Wild think that could be the case but here we are! I've been working everyday this month so I haven't exactly had too much time to post anything let alone be home but I decided to take a day off so here we are! Thanks for tuning in for a bit as always. ⭐️ Anyway I'm sure we want the technical analysis so I'll put one below in the displayed chart here: ⭐️ I made up this chart a few days ago but was unable to post an idea so why we've got that April 19th timestamp, regardless the chart did it's job and explains a bit of what's happened afterwards, what we're looking at today. ⭐️ We did in fact exit our horizontal channel signaling a bullish breakout and we managed to recapture out 200 as we had brought up in the previous chart forming a golden cross which helped send prices up in a new ascending channel as shown below: ⭐️ Thanks to that ascending channel and golden cross it's simply to see how we we're able to reclaim some ground and get that positive price action before hitting another resistance level at that 0.57 which is understandable, at some point we we're going to have to retrace and that brings up the next point. ⭐️ From our current position we're looking at a few new developments like that resistance line that's seemed to form since that rejection at 0.57 and 0.56 forming this new level of resistance which will probably play a role in future price action. That's not the main point right now though, we're still descending and looks like we're gonna be retesting our 0.526 horizontal level. For those of you that aren't familiar with my lines yet here's the summary. Their just horizontal levels which I've added over time. Some are few months old, some more, they are essentially resistance and support levels depending on which side your on . ⭐️ Anyway, to keep things simple. If we can't regain that 200 EMA on the hourly and we fail this retest at our 0.528 horizontal level then I'd expect us to fall further and retest 0.514 and 0.50 below should we breakdown. Admittedly that's gonna be a bit tough since our 20/50 day EMA's have already converged and flipped so it'll take a bit of pressure to get those flipped and get a bullish signal but it's definitely not out of the equation. So if bulls can sustain support above 0.525 then we stand to regain the 200 and continue pushing up in which case we'll look to that resistance line to see how the market reacts to that. ⭐️ As always, thanks for coming by, I appreciate you guys so much as always, especially if you've made it this far, I simply wanted to share a couple quick thoughts and get a post out, especially after Bitcoin's halving! It's incredible to think that it's been so long and yet here we are now at that point alas. Who knows what the future holds, I simply believe it'll be something well worth. Thanks as always and much love, all the best till the next idea! ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
2
🔥 XRP LEFT THE DESCENDING CHANNEL 🔥Hi! Hope everyone's doing well, if your a regular here then thanks for coming by as always, appreciate it! 🔥 In our last idea we highlighted that descending channel for XRP and pointed out that a lot of what would happen would be in correlation to Bitcoin as well as whether or not we exited the descending channel and that's basically it to keep things short and simple. We got that exit from the channel and since then this sort of ascending channel has formed which I've detailed with the dotted black lines. 🔥 That being said we have exited from the ascending channel and we see exactly what happened with that. We lost both the channel and the 200 day moving average thus we're close to retesting this support here ranging from 0.60-0.61 to gauge whether or not we can regain our footing or if we'll fall further. 🔥 Part of that will likely be on whether or not Bitcoin itself can keep itself grounded above $69,000. Here's the chart below for some perspective: 🔥 I haven't added anything, I've only extended the horizontal lines from the previous post so we're at this resistance point or pivot point right now as some may call it. If we fall back down below 69 I'd expect some volatile movements with a possible drop if we lose the 200 EMA on the lower time frames by which we could see another test of $61,500. After all, we can see that it already did one test of that level before rebounding and exiting it's own descending channel. 🔥 So definitely would recommend keeping an eye on that, it'll likely influence Ripple in the next few days as usual. As for economic events to watch for on the 29th, this Friday Powell will be speaking and we already know how that can sway the market so definitely watch out for some possible volatility depending on what Powell comments, speaks on or about. 🔥 Didn't want to make this idea too long but you get the gist, we're just at another pivot point and we've got these mini channels moving us up and down, nothing too crazy. And all this amongst the SEC asking the Judge to Fine Ripple nearly $2 Billion in the XRP case which alone as it is marks a crazy move by the SEC, they stay being nothing but trouble unsurprisingly. Here's the link to an article on that below: news.bitcoin.com 🔥 Any way I'm leaving the idea at that, there's no clear outlook on things as we're mainly waiting to see if BTC can sustain enough pressure and support to keep above that 69k mark again. I'll leave it there but thanks for coming by as always, really appreciate it you guys. Have a great day and see you all soon! ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
3
⚡️ XRP WHAT'S NEXT? ⚡️⚡️ Alright alright. Well we're back with it again, this time with a quick lighting idea for you guys, a real fit for this stormy weather we've got today going on where I'm at. Anyway let's just get started, thanks for tuning in of course, hope your all doing well as always. ⚡️ In that last idea of ours we honed in on a couple things and possibilities as Bitcoin was hitting that All time high and it seems we ended up getting the latter with the fall after that impulse wave up with our rocket of an ascent up to 0.736 cents for XRP and Bitcoin's basic All time high on the 13 of $73,083. Economic inflation data didn't hit too however great in the least to say and ⚡️ Right now we can see that we've had this descending channel form since XRP's jump up and it's pretty simple to see what we're dealing with, we've got these two descending lines, channel that's formed which has been the main thing to drag us down for the most part. That being said 0.57 seems to be our support level right now and I'd set an alert below that in case we slip back down below that. ⚡️ Main thing I'm going to be looking out for is a breakout from the descending channel here. That should help us get the move up and out from this descent that I'm sure bulls are looking for and waiting on though a lot of that will likely be thanks to Bitcoin's next move if it can face it's current hurdle as shown below: ⚡️ The chart overall speaks for itself for the most part thankfully. We can see how Bitcoin after hitting that All time high did have the retracement which is super fair considering it was an all time high and everything but that in turn ended up forming a head and shoulders pattern which was a pretty bearish confirmation and we can see the fall that ensued after before support was found at that $61,500 point. Definitely set some alerts there in case we fall below that. ⚡️ So yeah the main thing here that's likely gonna play a role on the market in the next few days is whether or not Bitcoin can face that hurdle of resistance at $69,000 and $73,000 of course so after. Chances are if we end up pulling up and failing to break that then we'll more than likely get some sort of reversal or further retracement and retest that $61,500 support so set some alerts for that $61.5k and SWB:69K if you want to keep an eye on those essential 'pivot points'. ⚡️ Like I said this was going to be a lightning idea and that's that, I simply wanted to give a quick insight on my perspective on stuff and what I can see, identify going on right now, at least in my own view point and all. So thanks for coming by, stay tuned for more as always and till next, wishing all the best of course, can't wait to see what the future holds! ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
1
🌠 XRP BTC AND THE BIG PICTURE! 🌠🌠 Well. To say it's been a wild month but be a bit of an understatement lol. It's crazy to see how quick things move in this space. Stocks is one thing but crypto? It's a whole different entity in itself and one which I'm grateful to be a part of. Hope everyone's doing well, I'm feeling a lot better today so thought I'd get a detailed but very important post out here for you all, thanks for coming of course! 🌠 I haven't really added anything to this chart aside from the two black trend lines to point out that ascending channel before we had the exit and prompt fall thereafter. So all of the horizontal lines and everything are the same markers we've had for months now. It's a good sign that the chart's are sticking to those historical price points and shows us that these levels are still putting in the work great enough to see. 🌠 Explains why we've managed to get that boost up to 0.736 before hitting that resistance level and retracing to this next horizontal level of 0.688 by which things look now to be in the midst of a battle between bulls and the bears. The next two support levels below that then are 0.65 and 0.624 for future reference should we fail to sustain pressure up here and fall back. 🌠I'll wrap things up soon so don't fret, just wanted to give two very big picture idea's of what we're looking at on behalf of XRP as well as Bitcoin's weekly charts as shown below: 🌠 To start off, XRP's chart looks promising and personally looks like we may get a breakout, it may not be in the next hour, the next day, or even week but at one point or another it's more than likely we'll be getting a breakout soon enough. We've technically already broken out of the wedge on the weekly but the main factor to take into account here is Bitcoin. Bitcoin is obviously gonna have a lot of influence and when looking at Bitcoin's chart we can see that the new all time high looks wild to see. 🌠 We're at a precarious point in the least to say, this could be the start of the next rally for all we know, Bitcoin is trending, we've got the halving and the new is positive but whether or not that can be sustained and continue will have to be seen. I personally don't like the fact that we've climbed up this high this quick, especially Bitcoin to it's ATH, It puts us in a good position for a mountain fall or selloff but then again we've got the halving and the overall sentiment is positive. Just the pace of everything is the only thing that irks me. 🌠 We've come up like a rocket and we'll have to see if we can continue with that boost and break through the atmosphere and continue, if not, we may be in a position for one more fall back down before continuing our ascent but definitely set a couple price alerts if you want to keep an eye on things or enter at a lower point, I'm personally hoping to see a bit more of a retracement but fall or rise, I'll take both. 🌠 I think I've detailed enough, I appreciate those of you that continue to stick by my side and join me for these ideas, simply wanted to give some quick insight and thoughts of my own but I hope everyone is doing well as always. You guys absolutely rock. Here's a quick cheers till next of course. 🥂 ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
1
🔥 XRP'S WILD RUN UP AND BITCOIN'S HALVING 🔥🔥 Hi! Been a while and all but this month hasn't exactly been what I was expecting I'll admit. Been at work just about every single day this month and between that and being sick the past week I haven't been in the best state so big thanks to those of you that are here with me today. Means a lot and it feels good to be able to post again! 🔥 Gonna do my best to keep things short and simple here. It's been a pretty wild month overall with XRP's climb up to 0.57 in which we almost saw 0.58 before moving back down after getting two touches at the horizontal level which I've highlighted with that black line. One of the main reasons we had that drop and fall back down after the 20th would likely be thanks to an Elliot Impulse Wave pattern which showed up. 🔥 I spotted a possibly Elliot Wave pattern on the 21st however was unable to post since I had to run back to work but here's the chart for that below as reference: 🔥 Also yes, I know that in Elliot wave patterns it's the third leg that is suppose to be the longest. I may have misplaced or read the chart a bit wrong but the idea still stands, I was in a rush and I had to jot down what I could. And whether or not the chart was perfectly accurate or not doesn't matter. We did in fact get that reversal and fall down to 0.53 in the days after so the pattern proved true and accurate. 🔥 With that said and done, what we've experienced over the last week or so is more than likely thanks to Bitcoin's halving prospect as things amp up. Yesterday alone Bitcoin hit that $60,000 mark. A number which many people doubted would ever happen again and yet surprise surprise, it very much did and with a pace like none could expect. With that having happened you can bet a lot of the crypto market followed en route pulling some serious gains such as Ethereum hitting $3,300 and XRP hitting 0.60 cents. 🔥 Personally, I see most of these gains driven thanks to Bitcoin which would only make sense, there hasn't been any significant news on XRP or some of the other cryptocurrencies which have seen gains over the past few days so my thoughts are that it's Bitcoin driving these right now which isn't too bad either. At least not in my mind. 🔥 Definitely gonna give things a few days and see how the market reacts as we'll have to see if Bitcoin can hold above $60,000. That's the most important thing right now to watch for, any other crypto is more than likely going to be influenced by that so keep your eyes peeked for any news or that $60,000 number. It's a strong number that's gonna be looked at closely for traders and big firms alike. 🔥 Said I'd keep this idea short and I will. That's it for now but thanks for tuning in as always, sorry it's been so long again, just haven't really had any time to catch my breath this month let alone post so thanks for bearing with me. Really appreciate it. All the best till next! ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
1
🔥 BIG MOVE SOON FOR XRP AND BITCOIN! IMPORTANT 🔥🔥 Hi hope everyone's doing well, wanted to come by and give a quick follow up and post before I have to head back to work but wishing the best as always and thanks for coming by as always! 🔥 This idea won't be too long but it'll be important so give it a quick read and check out some of the charts below! To cut to the chase, we can see XRP just about finally exiting out of this descending channel that it's been in since last year when we take a look at the 4 hour chart attached below: 🔥 Anyway we've got that as well as the combination of our 200 EMA being within arms reach so to say. If bulls can manage to regain that 200 EMA on the 4 hour chart then I can't emphasize just how much of a positive indicator that would be for us. We can clearly see how we had that flash drop at the start of the year and how losing that 200 EMA contributed so much to us falling, especially once we failed to regain it on the second attempt back in January. 🔥 With that all said and done next big picture we wanted to check on is Bitcoin. Bitcoin's at the same level at which we once stood back in January. This is undoubtedly gonna be a pretty big pivot point depending on whether or not we can break this resistance level by which we'll have a good shot at possibly forming/hitting new high's or at least hitting that $50,000 mark soon enough. 🔥 What that being said we can always have the opposite scenario and end up falling back down below our $47,000 level should that happen we could experience a similar flash sell to that in January following the ETF news though I wouldn't expect things to be as dramatic but then again, you can never be certain in this market, but past price action alone we're certain this level is going to likely make or break things for traders. Below is a bigger highlight of the big consolidation channel for Bitcoin that should be noted. 🔥 With the bigger picture here and a look at our big consolidation channel we can identify the points between $41,500-$43,000 to be this sort of horizontal consolidation channel for Bitcoin. Would definitely recommend adding to your own charts in case we come back to that point which is always a possibility. Traders are looking for a make or break indicator and hopefully we can avoid the latter. 🔥 With that all being said and I done I said this idea wouldn't be long and I keep to my word, just wanted to give a big picture view and quick analysis of both charts considering the fact that the market will likely stick close to Bitcoin and follow, the correlation grows apart sometimes but overall using Bitcoin as a lead indicator, confirmation can help us out over here too. That's it for today anyway, thanks for coming by as always and wishing the best as always till next. ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
1