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Lifeisbullish

☀️ XRP WILL IT FALL OR RISE? ☀️☀️ Hope everyone's doing alright today and again thanks for tuning in ladies and gentlemen, this won't take long. We've got XRP consolidating betweek 0.70 and 0.80 looking for it's next move alongside what'll happen with that 200 EMA as traders tip toe around precariously figuring out what play could be in next. Below is that chart displaying our channel. ☀️ For our micro outlook here's the next chart on the 5 minute timeframe display that pullback we got at 0.71 just barely avoiding retesting that 0.70 level. I've also added a micro horizontal level at 0.76 as we got that rejection there attempting to break out and above. ☀️ Target is to break 0.76 and avoid losing that support below 0.71 else we risk falling further and losing some of the week's gains. We've already lost the 200 EMA on the 5 minute and I'd love to see us reclaim that but as it is stuff looks a bit dim like we may be forming a death cross. ☀️ For those that don't know a death cross is basically just when a chart starts showing weakness and slips below a short term moving average which in this case is the 15 minute 200 EMA. So you slip below the 200 EMA and it usually signals a fall in price action which is usually pretty dramatic. For example we lose the 5 minute 200 EMA and we'll slip a bit, but once you lose the 15 minute or hourly EMA the slip extends further and you even get a mountain fall in some cases being those dramatic plunges so why we always pay mind to that 200 and the golden, death crosses. ☀️ For now I would pay mind to the channel's I've added as XRP has been consolidating within them searching for the next move. Below is the chart with arrows added to be simple, we slip below we fall and above we breakout and could possibly form another leg up which would be great. ☀️ Don't want to write up too much, just want to keep things concise but that's the main stuff to keep an eye on for today and the coming days. If you've made it this far I give my thanks and gratitude as always, really means a lot and feel free to leave a like or follow, never hurts. Till next, all the best. ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
⚡️ XRP Attempting to break first FIB level ⚡️⚡️ Thanks for tuning in real quick ladies and gentlemen, this won't be long but will be important. ⚡️ We had XRP do it's whole thing with the rally which saw us form a high of 0.95 cents before retracing to 0.67 afterwards pulling back up to 0.80 cents before hitting that most recent resistance which will be important. Below is the chart for that. ⚡️ The Fib level is from our Big picture chart so if we look back to one of my older idea's we'll see the overall big picture with the Fib retracement levels. Should XRP be able to break 0.80 we'll likely be able to push up and retest 0.92 at the First retracement level by which a successful breakout/push over that would put us in a position to revisit $1 and $1.40 being the next Fib resistance level after that and so on. ⚡️ The chart is prior to XRP's rally so it doesn't display any new bars but what matters is the Fib levels and for future reference we'll need those so I've added some simply annotations of resistance points which once passed will help be catalyst and lead to leg ups. ⚡️ And here is the current channel we've got going on to keep things simple. Break above we breakout and below we definitely risk falling and losing that 200 EMA on the 15 minute chart at least which we don't want right now. Want to establish some more support above 0.70 in the least so that we can get another leg up and retest that 0.92 Fib level. ⚡️ It's Sunday so today's thoughts are gonna be pretty short at that for now and that's the main gist of things right now to pay mind to, give some attention and mark for yourselves. And for those wondering a Fib retracement is basically just horizontal levels that can help identify possible places for resistance or support depending on which side your on of course. Above a line it'll become support and below resistance. ⚡️ I already refer to my own horizontal levels in my regular idea's but these Fibonacci levels are basically those levels as well, just on a much bigger scale for a wider period of time which in this case is Days/Weeks based on our highest and lowest points based off XRP's past price action/history. ⚡️ That's it for today's thoughts, hope that wasn't too much for you guys, but thanks as always for giving me a few minutes of your time, especially if you've made it this car. Likes and follow's never hurt and simply help me grow day by day alongside my experience and lessons. Thank you and all the best. ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
1
🏆 XRP WINS SEC CASE! WE DID IT! 🏆🏆 Hey! Hope everybody's doing great today! WE DID IT! If you've stuck with me through this journey and made it this far, especially those of you that help XRP and Ripple throughout this whole period alongside me I offer a cheers! It's been a journey that we've been down through more than 2 years now! But in the end it's proven well and well worth. and before I continue just wanted to apologize for the delay, posted an idea and trading view banned me for a bit from posting because I mentioned social in a post so can blame that for the absence. 🏆 In my last idea I noted the fact that XRP may be ready for it's BIG MOVE and alas to see that come true has been a sight! Especially after having exited our Major Falling Wedge to get that breakout coincidentally with the 200 EMA confirmation as the case outcome was released funny enough shooting us up. 🏆 I understand it's Saturday and most of you are probably busy so this will be short and concise but once again thanks for tuning in again! Here's our 30 minute chart showing the whole breakout. 🏆 Below I've marked down this resistance we've got and it'll basically help us identify when we get that breakout or if we'll fall further risking losing that 200 EMA though it's good to point out even with that risk we've done pretty good coming up this far and it'll only be a matter of time before things progress. 🏆 Main chart I wanted to point out though is below: 🏆 All of this ended up sending us back up to what was essentially $1 before we got with with that retracement which is understandable. But that's a good point to mark as we know now that $1 more then definitely possible now. It may not be immediate or quick but this is the turning point for a market that's been stuck in winter. 🏆 Things are going to start heating up is what matters and with Blackrock's Spot Bitcoin ETF being accepted it makes things all the more certain of a future in which cryptocurrency will take a foothold and serve as a real utility. Happy to see XRP get that regulatory confirmation on not being a security. Will help a lot of other cryptocurrencies adjust accordingly not to mention be some good ammunition for those already in legal battles with the SEC such as Coinbase. 🏆 Said today's idea would be short and so I'll leave it at that, but really happy again to see all of this come to fruition, we've been here for well over 2 years now and it was worth it. Thanks for tuning in ladies and gentlemen, feel free to leave a like or follow and share, always appreciated and as you know, simply doing the best I can. ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
5