$XRP/USDT 1D (#Bybit) Descending wedge breakoutRipple regained 100MA support while rest of the market is tanking, seems likely to push higher towards TL resistance.
⚡️⚡️ #XRP/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (3.4X)
Amount: 5.0%
Current Price:
0.3924
Entry Targets:
1) 0.3907
Take-Profit Targets:
1) 0.4593
Stop Targets:
1) 0.3449
Published By: @Zblaba
$XRP #XRPUSDT #Ripple #XRPL #XrpLedger
Risk/Reward= 1:1.5
Expected Profit= +59.7%
Possible Loss= -39.9%
xrpl.org
Ripplenet
$XRP/USDT 4h (#Bybit) Rising wedge breakdown & pullbackRipple seems to be done with local up-trend and could retrace down to 200MA after that bearish retest.
⚡️⚡️ #XRP/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (5.0X)
Amount: 6.7%
Current Price:
0.4072
Entry Targets:
1) 0.4153
Take-Profit Targets:
1) 0.3780
Stop Targets:
1) 0.4402
Published By: @Zblaba
Risk/Reward= 1:1.5
Expected Profit= +44.9%
Possible Loss= -30.0%
XRP Continues to Mirror BTC's Macro Pirce-Action; Only Slower.XRP since it was listed on Poloniex back in 2014 seems to have mirrored the overall price action of BTC over the years but at a much slower pace from the looks of it it wouldd appear that BTC makes the move first then XRP takes about 1.65x longer to make the move itself. Based off this we can see that in late 2013 BTC started trading within a Multi-Year-Range after a many previous months of positive price action and that it did not breakout of this range until a little over 3 years later in mid 2017 to which it proceeded to Blue-Sky-Breakout to all time highs never to see the Multi-Year-Range ever again. (atleast not yet anyway) XRP's story appears to be the same but with the small twist that it is still trading within it's Multi-Year-Range that it's found itself trading within after a huge 2017 rise. 2022 will be coming to and end soon and within the first half of next year XRP will have officially been 5 years since XRP has entered this range and given that the expectation is for XRP to move 65% the speed of BTC one could expect that XRP as it is right now is only several months away from a Breakout of it's own and of equal or better significance than BTC's Breakout was.
....... Stright to the point ........
If XRP's Multi-Year-Range Breakout lives up to BTC's, I would expect to see somewhere around a 4,500% pump from the Range Highs which would take XRP up to the seemingly insane target of $168.50
My Take on XRP price prediction in generalRipple as a company is huge and powerful one. They have high rank connection with the financial sector around Europe, Asia and Middle east.
From Technical Analysis perspective, I have ran over multiple scenarios and all leads to at first unreasonable price range. Then I started digging into XRPL and RippleNet which led me to Ripples investors and their partnerships (Which by the way are huge one with deep pockets), everything started to clear up and the unreasonable prices started to make sense somehow.
I can't claim my findings solely on my own research, I have searched and the first place I have looked into is Ripple website which you can after that follow the keywords in which will lead you to many information as documents, articles and solid contracts. I'd advice you to do your own research and see yourselves. But I will leave you with some articles I have verified myself for my own sake and hope it takes even further that that.
Technical Analysis:
I have done a ton of analysis especially on assets that lived at least a previous bull run and validated my technique and the price targets almost accurate came true.
I don't depend on indicators to determine the asset cycle final targets, I only use indicators to assist in trading.
I use price action along with Fib Extensions to determine the T.A price, I also put into my calculations the project achievements and weigh in their activities ( Partnerships, investors and type of contracts they close, monthly volume)
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xrpcommunity.blog
xrpcommunity.blog
xrpcommunity.blog
xrpcommunity.blog
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NEXT CLUE BELOWArrived: JUPITER SUN STATION 5
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Glad to see you're still under my umbrella. The Rain is over..lets close it for now. Christmas is near. It is time to reflect upon your year, what have you done for yourself? Your family? For others who are beloved and dear? What can you do for yourself now to plan for next year? The weather is getting cold..times need to change. Time to share a coat.
Can't fk with a / G \
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1hr Observation 48-72hr left We are observing the middle of the month and 11pm to 11am timeframe on November.....
15th
16th
17th
I have marked the current channel, pattern structure (pennant) and horizontal buy/sell wave on top of the channel.
The purple arrow route would indicate strong support where we currently are in the price zone. It also would recognize a more slanted pennant indicating more exhaustion for the bears. Less risky buy zones would be bottom of the channel near golden arrow zone or exiting of the channel
Speculation: 1 more drop come around these days around late in the night and a day and a half for it to reverse thereafter. We can head as far down as the golden arrow. This is just an added chart to our XRP follow.
XRP 4hr accumulation channelXRP’s correction from $0.30 was a necessary move to create fresh demand. It is also part of a consolidation move after the rally from $0.22 to levels marginally above $0.30.
Strength shows oversold still.
Wait for market to go sideways or to breach .25 again
Here is your channel XRP lovers. Gotta be on the other side of before buyers have enough strength to change the channel trend.
Lets keep watching this baby :) I wont miss this train!
XRP 11 11 windowIndiana had daylight savings time which means these charts can change on me by an hr forward. This being said the time is now gaged 10 - 12 am for me until I can see how it lines up. Overall we know we get a nice move usually 1hr or 12 hrs off the 11am / 11pm markers
I call this the window of structure formation when I trade XRP. Reversals tend to happen for accumulation or trend testing / continuation. Pivot points develop around this time. Catch the right pivot then ya might catch a leg C to D or D to E around this time. Use it to your advantage when you are counting up your signals for your bias. It will help. If we are on 11-2 of the 1333911-2 pattern we will repeat 1 impulse with a 3 to the third power move to follow after. Thus giving us 9 moves into the direction from the "1" impulse.
1 - look for the first impulse leg
333 - The onion layers kaleidoscope trade formula
9 - total moves 3 tests 3 rejects 3 patterns
11 - Window of opportunity time
2 - There is always 2 strong opportunities in a structure a buy or sell off the 11am and 11pm price action within 3hrs 9 - 12 am window for this to develop. It is best to trade this idea every other day and NOT on Mondays.
I don't expect a lot to understand this....but those with trading experience will see what kind of structure these could create and what follows. If we fall after Swell and cannot hold above .30 well we will see a discounted price for the rest of the year. If we hold above .30 then hell yes we can go to .50 cents
But we need to show that buyers have become so strong we change our level of support from .25 to .30
Makes sense right? Much love everyone. Trade safe as always.
XRP Predict your Price for Nov 07Charts tell me .33 - .35 HIGHS
.27 LOW and .2375 is the lowest of lows while .3650 is the highest of High while we wait for the 07th. The hype run can be small and stay in this price zone.
What if the hype doesn't happen this year because SO MANY people want it? Could we get a post-hype run instead of the typical buy the rumor sell the news the day of Swell ????
You tell me. I am curious to listen to the input of my followers/supporters/ and trading friends.
If you caught the 11 11 time secret you should be in profit with a buy from .29
It will be important to watch on Nov 07th from 9 to 11am Eastern Standard Time. Then again 11pm to 9am price action for the next 11 AM move.
Price tells you what is happening 3hrs before and after 11. Whether its 11am or 11pm you will see what I like to call "Whale action" Not a direct "direction of price" but a movement that will tell what price is wanting to do as a leading indicator to structure.
You're welcome. It happens religiously throughout XRPUSD chart. Learn to gage this time zone in your location. It will help with when you execute your order.
Binary Clue to trade from prev. idea:
Monday, Monday, can't trust that day;
Monday, Monday, sometimes it just turns out that way.
Oh, Monday morning, you gave me no warning of what was to be.
Oh, Monday, Monday, how could you leave and not take me?
----Price needs to hold .30 ------
----Price breaks and closes .25 or lower on monthly we are in deep shit. ------
------Price closes above .30 this month we are in for a bull treat for the end of the year trying to touch .50 before 2021
These are my thoughts. Overall - I will place a bet that price will be .33 cents by mid conference Nov. 07th
Depending on what they announce will really depend on the momentum for those 2 days....in turn I think it will give us our EOY decision on how price will move from Nov - till EOY.
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