$XRP / RIPPLE wave starts tonight?! FRACTAL. XRP / RIPPLE wave starts now!
Finally after 600+ days of bearmarket we can see that the new short alt run is coming!
XRP looks so great. Last week i also posted a chart. But this chart is more explained.
We are on the same point of march 2017. Where the short hick-up started.
Tonight the weekly close wil be so important. Maybe the last time to buy pretty low.
Im not sure if we can test $3.58 but XRP has a lot of fomo power. once started the fomo kicks in and boom..
Realistich view : $20 dollar XRP? Probarly not. XRP around $2-3 range YES why not?
Maybe XRP is the leader of the alts and it could activate a FULL altseason/ bullrun.
After the run. Maybe in December linked to my previous post, we can see BTC back in business!
We are following this closely. Set your notifications because it is very unexpected!
Goodluck you all! i hope for nice gains. But keep it realistic guys.
Share this and dont forget to like and follow me.
Also leave your idea behind.
Ripple-btc
XRPBTCXRP looks to be moving the dominance needle all by itself. This means that whatever hell is about to break loose(bullish or bearish)is going to be manifesting itself in XRP most likely. It hardly had any retracement against BTC last night like the other ALTS did which makes me believe there is strength along with the bull flag that is obvious on the 4hr chart. If the dominance chart IS showing weakness at this time then this means that XRP is about to have a legendary pump like the ones we are use to seeing as a harbinger in the ALT market. That being said there are other alts that have better setups with less risk but because this is moving the dominance needle all by itself I think it is noteworthy.
God Speed,
Mr. Manbearpig
$XRP - Wave 2 Correction UnderestimatedMy estimations of the top of Wave 5 yesterday proved accurate, but my estimation of where the correction wave would end, at 0.30164 ended up being not conservative enough as the price fell to the 0.618 retracement point at 0.28617.
Part of this move lower was due to the significant spike down by Bitcoin which appears to have tanked the whole market.
Technically speaking the larger degree Wave 2 can go down to the start of Wave 1, and in fact, from a theory point of view at least, Wave 2 coming from a reversal is expected to dip lower in the so-called denial stage.
So, where does that leave us...
I am seeing indications of the larger degree Wave 2 ending here. We could count the drop as a 12345 structure after it broke through the triangle.
Look for a break above the upper trendline that formed the triangle to signal an upward continuation with confirmation above Wave 5. In contrast, any movement below 0.262 would invalidate the whole count and would we would have to start over again.
Keep in mind, the Monthly Pivot is sitting there at 0.27170. That could very well provide the ultimate support before the next wave up.
XRP EASY scalps watching divergenceXrp now following a "reserval" pattern, with ascending triangle... this will take some time, or maybe this time is not different? we will see.
BTW looking divergence H1 chart help finding entry and earn some profit with leverage.
Another good entry is around 2500 sats.
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RIPPLE - The chart they don't want you to see...XRP haters. Please before you break your keyboard and p*ss your pants, please just appreciate this is an analysis.
XRP fans. Please before you ejaculate over your keybaord and keyboard bash, please appreciate this is not a guarentee.
I love you all, please appreciate this analysis and let me know what you think, I would love all your feedback.
- SXTrading
FUTURE - SURE, when time is wright.We all look at charts, hoping we can REALLY predict the next move. We get so good at it that indeed the number of our successful trades increase over time. So we start zooming in, our strategies get more sophisticated and everything goes according to plan... we differ from reality focusing on 4H, 12H or 1D charts.
I can hear a lot of bulls recently aiming for new 100k, people talking about the return of alt season, others hoping to make a quick buck, no trading necessary. But let's stop for a bit here.
Firstly there is no similarity on the 2 sets of monthly candles highlighted in yellow. Those from 2016 present bullish scenario, the one that is closing today convinces me, we are going to see another retracement.
Secondly. This bull run was explosive, many missed opportunity and now there's a lot of educated and non-educated people who don't know what to do. Confusion isn't the right feed for bulls.
If you bought at 3500 - now you would be thinking - I better sell and wait for what happens (it's normal - it's just emotions). Those who are hodlers will hodl - in fact, I believe that was a big reason why the price of Bitcoin increased so dramatically over the last 10 years. If you consider that some decided to own at least one Bitcoin and never sell it... here comes a time where this easy strategy isn't as easy anymore. Now you have traders from very different demographics, trying to make sense out of all this mess (that is healthy and reasonable). If you consider however that you own 10k worth of bitcoin and you're an average individual who works 09:00-17:00, making average wage - trust me, you won't hodl while value drops below 61.8 Fibonacci...
So where do I go with this?
To me we should first see confirmation of the blue line ... it didn't happen. And I know - there's 21 weekly EMA, There's 100 and 200 daily, there's Stoch, RSI, Elliot Waves and whatever other tools you want to look at - but realistically nearly everyone by now knows or have heard about Bitcoin, but we're not ready yet for global adoption. It will take significantly more time than anybody expects to see the new ATH.
Surely not everyone can accept my point of view, hence I'm glad we all agree on the fact we are actually speculating, but I'll tell you one thing though: I might miss out on next BTC bull run - sure there are other places to make money, but if this stuff drops to where it should according to my simple drafting, the 2% of my portfolio will be waiting for the right buy... and than I HODL - patience, that's all.
XRPBTC Potential Bounce!Hello Traders,
Today's chart will be on XRP's current price action,
Points to consider
- Overall trend is bearish
- Major structural support broken
- RSI coming out of oversold conditions
- Both EMA's acting as resistance
- Below average volume
- Potential bullish divergence
- VPVR showing low volume of transaction at current area and resistance
The probability of XRP to have a bounce from this area is more favorable as we can see a potential bullish divergence forming, where the RSI is putting in higher highs and the price is putting in lower highs. It is noticeable that the price action is leaning into a wedge formation, with support (green zone) being in confluence helps with the bounce. The current volume is below average and tapering of rapidly which signify a move is about to happen in the near future...
what are your thoughts ? please leave a like and comment
and remember,
"Limit your size in any position so that fear does not become the prevailing instinct guiding your judgment''' - Joe Vidich
Fund at XRP?An interesting DOJI is being formed weekly with the oversold RSI. In D1 there is a small double bottom in formation, if it breaks the previous day's candle is a good entry for a long term profit considering fetching 0.00003318 btc but with resistances along the way. In the medium and short term we have 0.00002767 with a 1: 1 risk. RSI pointing upwards in a bullish high.
Ripple Reality CheckXRP might just be the best Blockchain project fundamentally, but the price action suggests otherwise. During our weekly Long term chart analysis, we reached the conclusion that BTC might just outperform XRP by leaps and bounds and we certainly don't leave our followers in the dark. Below are some worrying observations that we made looking at XRPBTC Weekly chart:
- Price has broken below the crucial support levels between ~4000 - ~3500 sats
- OBV (On-balance-volume) shows increased selling interest as the price drops down
- Struggling pretty hard with the weekly 10EMA :'(
- ~1600 - ~2200 sats is the upcoming area of interest - still leaving a huge downside room of ~25% - ~40% (let's call it a falling knife, shall we?)
And finally why bother with XRP when one could just buy into much better investments such as; BNB, ATOM, ALGO, and LINK to name a few.
Fractal for Ripple (XRP) Refer to this as a ~"one year" cycle XRP TA and target Idea, will be continually updating, In related ideas below:
Comparatively to Ripples "ATH's" of May 2017 And "End of cycle" December 2017
Correlate very closely to "ATH's" of January 2018 and "End of cycle" July 2019
If you follow Ripple "Daily, Hourly, 15Minute" on a regular basis you will find continuous repeating patterns almost every day
Cycles work in tandem with each other Idea based from from Highs and relative lows of 2017 "Full cycle" ~(1 year), see how we are seeing the same growth/ consolidation periods, for the past two years or so?
Cycles as follows:
Start,
We started At "The end of a Bearish cycle In may 2017" (start of graph)
Then "End our Bullish cycle end of December 2017" (End of graph)
Which brings us to ATH's of 2018 (the start to our bearish cycle)
And the relative End to our bullish cycle July 2019
(This cycle lasted twice as long as the last one "Having two cycles (bearish and bullish respectively" to form one complete Bearish cycle)
While also,"Charging up in volume and slow increases in value".
This Asset is massively oversold at this point and is following a fractal, whats left to say?
My charts are unconventional, but very effective.
XRP could drop below ~28 cents to mimic my Fractal exactly.
Worthy to mention this is just the build up to a Possible 4 year Bull market for XRP if the pattern repeats itself.
ITS TIME XRP... WE TOUCHED DOUBLE SUPPORT ZONE :)So we are all waiting for XRP'S turn in this parabolic rally.. Maybe we are finally ending this correction and turn the bearish trend into a bullish.
Last time we hit the double support zone we got a crazy MOONSHOT. We also had a small Bitcoin Correction after XRP (Ripple at this time) pumped hard. So lets ride this train ;)
$XRP - 0.38-39 Holding? Last Day in WedgeWhen the major dump occurred a few days ago I posted a chart showing why I believed the 0.38 area would be a solid support area. As it happens, that area has indeed provided solid support.
However, within the next 36 hours the wedge plotted will come to an end and the supporting trendline will be at serious risk of breaking down. Assuming it isnt a bear trap, the first support would be at 0.34, but would also open the path to 0.28-0.31 again.
It is absolutely imperative that this level holds.
For the record I still hold from 0.28, 0.31 and 0.36. I will be adding more to my position here, as soon as my wire hits my account.
XRP/BTC - Longterm (altseason) plan - 916% Potential at ATH XRP BTC
My plan for the upcoming alt cycle, Ripple ( XRP ). Well known for its moonboy community, high chances this project will be among the high gainers if/when the next altcoin cycle starts, just because the newcomers like to buy it.
Full force 'the greater fool' theory at play here.
Currently, we're only able to reliably follow horizontal trend lines as support, and after almost an 84% drawdown a relatively cheap project to pick up, although the majority of projects had a greater loss to endure.
Aiming for a gradual entry from 3500 till 1200 satoshi's, as indicated on the chart, as this is the lowest point in history which XRP has seen neglecting the panic wick to 20 satoshi's
Profit target 1: 3575 (159%)
Profit target 2: 8246 (367%)
Profit target 3: 22833 (916%)
Stop loss: Riding this one out without a stop loss, this will be a longterm plan.
For those who feel like having a stop loss on your investments, I can recommend anything under 1000 satoshi's. Don't get faked out!
Best of luck, may the target entry and profit targets get hit, in that order.