XRP's Wave 2 is nearly complete. A BIG MOVE IS COMING!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!
Ripplelabs
XRP Cup & Handle forming bull-flag pattern with Fibonacci. 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 high, may be a good combination for traders to utilize in order to plot their next long position.
Good luck, and always use a stop-loss!
XRPH looks to have bottomed.XRPH (XRP Healthcare) is the first healthcare project that has been built on the XRPL. It has been falling like a waterfall for quite some time now, but looks to have bottomed, and possibly even started the process of breaking out.
Limited to 100 million tokens, and you can stake those tokens in the XRPH wallet available in the Apple Store, and Google Play, to get from 20% for 6 months, and 25% for a year.
Do your research first, but I think that this could be a great investment over the next 5 to 7 years, and we are definitely early, as this token is only listed on very small exchanges, and is only available in spot markets, and isn't available in futures anywhere, which makes for much better price stability.
This isn't investment advice, just my opinion.
Good luck, and always use a stop-loss!
XRP ascending channel could be indicating massive price increaseThe ascending channel that XRP is currently in looks to be indicating a massive potential price increase in 2024 if the fractal pattern repeats. Even if the pattern is only successful by a fraction, it would still mean some massive price gains.
Good luck, and always use a stop-loss!
XRP and the coming new all-time-high.XRP's price has been lagging behind the market, but it makes sense as Ripple has admitted to dumping XRP on retail's head during the rallies. As it stands, the selling of XRP is Ripple's only way to raise capital. However, XRP still remains the only single cryptocurrency on the entire market that has legal clarity. Not even Bitcoin has this, even though it is falsely touted to have such by Bitcoin shills all over the internet.
Once the lawsuit is finished, there will be nothing standing in the way of XRP finding true price discovery, and people who have gained massive amounts in other cryptos will be taking profits out and reinvesting them in undervalued assets like XRP.
I see a short squeeze from hell coming to XRP very soon!
Good luck, and always use a stop-loss!
Massive wall of sell orders in XRP between current price and .68As of this post, there's a MASSIVE wall of sell orders between the current price, and the .68 cent level in XRP. This will be challenging to get through without some volume on the buy side, but if that buying volume does roll in, these sell orders will provide the liquidity required for those buys. If XRP bulls do manage to clear out this area of sell orders, and drive the price up, we could see a nice squeeze around the .70 cent level as shorts panic to exit their positions.
Good luck, and always use a stop-loss!
XRP looks to be setting up for another run northward!The recent liquidation candle could be a very bullish sign for XRP price. As you can see from the chart, the Stoch MTM is showing a potential bullish crossover attempt. The last three times this happened, XRP price made decent gains shortly thereafter.
Good luck, and always use a stop-loss!
XRP Cup & Handle is playing out PERFECTLY!The XRP Cup & Handle formation that I identified a while back is progressing very nicely on the daily. It has now broken out of the handle formation, and will most likely be working toward the upper rim line at the .5744 level. Once broken, we can reasonably assume that XRP price will continue it's bullish move to the .6155 level, and the .6496 levels respectively.
Good luck, and always use a stop!
*** I apologize for the repetitive post. Tradingview has taken this chart down twice now.
XRP showing a beautiful cup & handle pattern on 4hr/Daily chart.XRP is showing a very nice cup & handle pattern on the 4hr, and hourly chart. I think we could see a very powerful breakout in the coming weeks. If so, this could trigger a short-squeeze that literally blows people's minds, as a large percentage of XRP is being held short right now.
There's also a nice bullish divergence in on the hourly chart that I'll show in the comments below.
Always trade with confidence, never trade with fear, and always use a stop!
XRP's rally today isn't the real breakout, but it's coming soon!Bitcoin bounce hard today taking out the 50K psychological barrier. Many alt-coins followed as well. Some like XRP rallied a little bit, but not too much. Why? Because, the money inflows right now are mainly focused on Bitcoin, and a few altcoins, but when the Bitcoin rally runs enough, cash will flow into cheaper alternatives.
XRP is showing a bearish divergence on the hourly chart, which most likely is indicating that the price action will fall back to, or near the lower trend line on the chart above. This same pattern played out not to long ago, and will likely repeat, as the people that missed today's rally will be looking for an entry point if/when it pulls back, and the additional money inflows will cause each following run to gain momentum until it ultimately breaks through the upper trend line, pulls back, bounces off it, then runs for a nice gain.
This is just my opinion, and in trading there are no guarantees or absolutes!
Good luck, and always use a stop. #NeverFOMO
The XRP hourly chart showing a bearish divergence.The crypto market as a whole has been moving up nicely recently. XRP has gained some ground, even though it hasn't moved near as much as most other cryptos. It is now showing a bearish divergence on the 1 hour chart, which could be a sign we're going to see a pullback.
I'd recommend caution here regardless of the cryptos you hold, just because we've seen seen many of them move significantly as of recent. Keep your eye on Bitcoin to be your primary indicator.
Good luck, and always use a stop loss.
A nice inverse head & shoulders pattern has formed in XRP.XRP is arguably the most hated crypto in the space right now, but it's forming a very nice inverse head & shoulders pattern on the hourly chart, and has just crossed the neck line. We could see a really nice rally right here if it holds above that neckline, if so, it may pull back to it, then bounce off it like a trampoline.
Other cryptos have been having nice rallies today, I think XRP might get it on a little of the action today.
Good luck, and always use a stop loss.
Warning! XRP looks like it's about to fall of a cliff!XRP has dropped below the bottom descending wedge trend line, and is now in very dangerous territory! If price fails to get back above the lower trend line, it looks like XRP will literally sh@t the bed, and fall off a cliff! If this is the case, we could see XRP in the lower .40's quicker than you think.
Selling into the market by short's opening short positions, forced liquidations from spent long positions, and panic selling by investors/traders who bought in the mid .50's hoping for a rebound, may cause 'The Perfect Storm!'
This will be very interesting to watch!
XRP may attempt to make a move to the .6239 level.XRP has of late been lagging behind many other popular cryptocurrencies, which has disheartened many long-term investors, causing them to abandon the XRP ship they've long treasured. I hold and am still adding to a long-term position that I will likely hold for many years to come, even though I am generally more of a day/swing trader than I am a long-term investor. But the charts do seem to now be showing the potential for a move to around the $0.6239 level.
XRP is one of those cryptos that likes to drag its feet until nobody is paying attention, then it makes a sudden, massive and unexpected move. Right now, with sentiment turning from positive obsession to sheer and utter frustration, in my opinion, could quickly turn into one of those times when XRP just kicks the doors off the charts and makes a large move very quickly!
Even though I'm bearish at this point overall, as a trader, I always keep my eyes open for potential profitable trades. Traders must be flexible and malleable to be successful, as trends tend to pop up out of nowhere and/or reverse on a dime. Not being willing to ditch an old idea, theory, or strategy and embrace change will keep you watching rather than participating.
Good luck, and always use a stop!
XRP WILL DROP 63% IN THE NEXT 45 TO 60 DAYS! Everyone is expecting the Bitcoin EFT to jolt crypto prices to the moon. This simply isn't going to happen. The mainstream media, and stock pundits have been extremely bullish about it, which is a sure sign that they are positioned, or positioning for the inevitable crash to come.
You can see the fractal pattern clearly in the charts, although exact ending price points, and turnaround dates of any massive drive are virtually impossible to calculate.
In my estimation, XRP will drop approximately 63% in the next 45 to 60 days.
Many look at this as a bad thing, but it is what it is. Align your trades and crypto purchases with the Market Maker's, and you will always be in the green. These moves are no accident, they are created by hedge funds like Black Rock, Vanguard and State Street to profit from. They have multi-billions of dollars at their disposal, and going against them is suicide!
I expect a small rally tonight or tomorrow as the last few straggler's position for what they think is going to be a breakout. They will most likely even throw a green breakout candle above the trend line to trigger the massive amount of buy orders in that area. Once triggered, the market will reverse and begin it's decent into red-candle-hell.
I'll be placing a short position today, and adding to it on any price gains heading into tomorrow.
Good luck!
XRP is breaking out of the wedge pattern, but...XRP is making a nice move northward breaking out of the wedge pattern it is currently in, but how long it will last remains to be seen. The indicators seem to indicate it's going to run out of steam in no time. Is it a bull-trap? We're about to find out!
Will XRP experience an epic PUMP, or an epic DUMP?The chart isn't really that clear right now, and could go either way. There's an argument that there's still a ton of room to the downside/about to fall off a cliff. And, there's also an argument that XRP is about to bounce like a kid jumping off the roof on to a trampoline.
What do you think?