Rippleusd
Ripple (XRP) -> Triangle ContinuationMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️
I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term wealth!
In today's anaylsis I want to take a look at the bigger picture on Ripple.
Since the beginning of 2018 Ripple Coin has been trading inside and forming a quite bullish triangle pattern which is most more often than not a simple continuation pattern.
I am now simply waiting for a breakout which is roughly at the $1.4 level and then we could see another crazy pump of more than 1000% towards the upside.
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I know that this is a quite simple trading approach but over the past 4 years I've realized that simplicity and consistency are much more important than any trading strategy.
Keep the long term vision🫡
A 'major breakout' in XRP will occur on or around...I'm calling this prediction the 'Phi Breakout.' On July 2nd I predicted a false breakout and a major breakout would both occur in XRP. Although my dates were wrong, the false breakout occurred on July 13th. I'm now adjusting the date for the major breakout based on my mathematics.
I'm predicting that on or near September 22nd 2023 we will see the 'major breakout' in XRP that we have all been expecting. Here's how I came to that assessment.
The Ripple/SEC case was settled on July 13th, which was the 164th day of the year.
164 days times Phi (1.618) = 265.35 which would be September 22nd at 8:04 a.m.
I also believe based on my math that another event will occur with XRP on February 18th 2024 which would be 265.35 (Sept 22nd) times PI (3.14) which would be 514.96 or February 18th 2024 between 10:57 p.m. and 10:58 p.m., but I'm not sure what it's going to be yet, so I will reassess later assuming my September 22nd prediction is correct.
So, we'll see if my theory about using sacred geometry to predict price movements in stocks/cryptos proves to be correct, as that 'major breakout' prediction date is only weeks away.
Happy trading folks, this isn't investment advice, just my theories!
Ripple XRP vs. SECXRP From 13-07-2023 to 18-08-2023
Disclaimer:
This is for educational purpose only.
This is not a financial advice.
XRP BREAKOUT WILL BEGIN IN OCTOBER 2023XRP will breakout of the descending wedge pattern it has been trapped in since Dec 2017 on or near October 23rd 2023. A false breakout will occur first on or near Aug 28th, which will fail at around .65 cents. It will then drop back into the descending wedge pattern bottoming around .50 before the final breakout occurs on or near Oct 23rd.
XRP will go on to set a new all time high before Christmas, and will most likely break the double digit level for the first time ever.
It will be a very Merry Christmas indeed! Remember I told you so...
The charts in XRP has changed, it's going down to...The charts in XRP have made some drastic changes in the past few weeks. However, for long term hodler's this will be another great buying opportunity, and for swing traders this will be the icing on the cake if you appropriate your trades correctly.
I think we are about to see XRP drop back down to a low of .3735.
Don't put all your eggs in one basket!
XRPUSD Analysis: Navigating Bullish Long-Term TrajectoryThe outlook for XRPUSD is under scrutiny, with a firm long-term bullish sentiment. A strategic analysis reveals key insights that we should consider for informed decisions.
📈 Long-Term Bullish Stance
The long-term perspective on XRPUSD presents a bullish trajectory. This suggests potential opportunities for investors looking to profit on upward price movements.
💼 Medium-Term Scenario: Upswing and Correction
In the medium term, a notable upswing is anticipated. However, traders are advised to stay cautious as a potential correction could follow. This cycle of surge and retreat demands calculated decisions.
🎯 Critical Levels to Watch
Buy/Support Level: For those considering entry, a key long-term buy/support level lies within the range of $0.20 to $0.22. This zone offers a potential strategic entry poin t.
Sell/Resistance Level: On the flip side, a crucial long-term sell/resistance level is identified at $3.20. It's a point where traders might consider profit-taking or reassessing their positions.
🔑 Breakout Potential: Bullrun Over 2024-2025
Remarkably, if the bullrun maintains stability throughout 2024-2025, the price might defy expectations and surpass the $3.20 resistance. This potential breakout could open doors to further gains.
🔍 The Path Ahead
As the XRPUSD journey continues, prudent investors should keep an eye on these critical levels and monitor market dynamics closely. Strategizing in line with these insights can enhance your trading edge and potentially capitalize on both short-term fluctuations and long-term growth.
Remember, successful trading requires careful analysis and adaptability to evolving market trends.
XRP To Hit $589 fake or real?Elliott Waves: Key to Understanding Markets and Price Movements
EW concept that has become a pivotal tool in the realm of technical analysis of financial markets and price movements. This theory, named after its creator Ralph Nelson Elliott, aims to uncover recurring patterns in market behavior and establish a structured framework for predicting future price movements.
Basic Principles of Elliott Waves
The Elliott Wave Theory is based on the premise that market prices move in distinct wave patterns, driven by the psychology and behavior of traders. This theory asserts that there are two main types of waves - impulsive waves and corrective waves.
Impulsive waves are price movements that align with the prevailing trend. These waves are often composed of five smaller sub-waves, where the first three are referred to as "motive" waves, while the last two are "corrective" waves. Impulsive waves are characterized by swift price movements upwards (in a bullish trend) or downwards (in a bearish trend).
Corrective waves are price movements that go against the primary trend. These waves typically consist of three smaller sub-waves and can encompass various types of corrections, such as simple corrections, triangle corrections, or flat corrections.
Elliott Cycles
The Elliott Wave Theory also describes several different time frames within which waves occur. These time frames are:
Grand Supercycle: This cycle can span multiple decades and includes several supercycles.
Supercycle: Lasting several years, it contains several cycles.
Cycle: Spanning several months, it includes several primary waves.
Primary Wave: Lasting several weeks, it encompasses several intermediate waves.
Intermediate Wave: Spanning several weeks, it comprises several minor waves.
Minor Wave: This cycle can last mere days and includes waves smaller than intermediate waves.
Applying Elliott Waves in Practice
Elliott Waves can be used to predict future price movements in financial markets. Traders and investors attempt to identify wave patterns on price charts and extrapolate possible market scenarios from them.
However, it's important to note that interpreting Elliott Waves can be subjective and at times challenging. Some experts argue that wave identification on charts may be based solely on historical data and might not be a reliable tool for predicting future developments.
Criticism and Controversy
Elliott Wave Theory is not without its controversies. Some analysts contend that identifying wave patterns can be so subjective that different experts might arrive at different conclusions regarding the same price chart. Thus, achieving consistent results can be difficult.
Conclusion
Elliott Waves present a sophisticated tool for the technical analysis of markets, which can aid traders and investors in better understanding price movements and trends. While this theory undoubtedly offers intriguing insights, it's crucial to acknowledge its limitations and potential interpretational challenges. When using Elliott Waves, it's essential to combine them with other analyses and strategies, refraining from placing excessive reliance on them as a singular miraculous tool for market prediction.
XRP is exhibiting fractal symptoms.XRP looks to be setting up for a rerun of it's previous breakout pattern. If this pattern plays out similarly to the previous breakout that ran to around $1.89 then we could assume this move could easily take us to the same level or even greater.
If the breakout pattern is fulfilled I expect $2.25 -$3.50 in the coming months.
XRP going upto 1.35$ !!!**A friend asked me if I think there is any hope for XRP to go up.
I am presenting this analysis to my dear friend. The reason for the validity of this analysis is the Ichimoku cloud gap method, which has a very high accuracy. Therefore, the long-term first profit margin of XRP is $1.35 (of course, as I mentioned in previous analyzes with respect to the Gan method, the target is $2.1). In other words, XRP has no choice but to touch those points due to the gaps it has left behind along the way. And the optimal and reasonable point is $1.35. But unfortunately, in the future, it will see 0.17 cents due to these gaps. Good luck.**
Ripple XRP price has not yet gained the "strength" next riseA bit of time has passed since the rapid rise in the XRPUSDT price and emotions have calmed down, so it's time to take a rational look at the chart.
The previous XRP price increase was surprising only in terms of the time it took to work out, but not in terms of price targets.
Looking at the XRPUSD price chart now, it seems that the correction of the previous growth is still too small. Accordingly, the correction should continue, and the price of Ripple should fall.
After this paragraph, here going to get a lot of dissatisfied "XRP believers" :)
So let's put it this way: with our personal money, we would be ready to buy some XRP for our investment portfolio no earlier than the price zone of $0.59-0.61.
And after that, hold it and wait for the next x2 growth with a desire to sell it in the price range of $1.15-1.25
P.S:
At this stage, we consider "wet dreams" about the price of XRP at $5-10-100 or even $300, to put it mildly, inappropriate. Because then Ripple's capitalization will be larger than BTC, the entire crypto market now, than the capitalization of gold, the US government debt, etc. Hopefully, you have caught the logic and critical thinking.)
But if "somehow" the issue and supply of XRP coins is denominated 100 or even 1000 times, then miracles can happen)
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xrp can break flag and continue to 3.41$ long time.If XRP can hold the flag and continue to increase price, and break the previous peak around $0.90, we can easily target $3.41.
Of course, there will be a lot of volatility along the way, which is great for those who want to invest in XRP long-term and spot.
XRP will go UP by Symmetrical Triangle🚀XRP seems to have managed to form a Symmetrical Triangle Pattern over the past few days.
Also, XRP has the potential to form an Ascending Channel after breaking the upper line of the symmetrical triangle pattern.
🔔I expect XRP will go UP to at least the 🔴 resistance zone($0.844-$0.820) 🔴 after breaking the upper line of the symmetrical triangle pattern.
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🌐➕ Positive News ➕🌐:
US lawmaker calls on SEC chair to reassess stance on crypto following Ripple ruling.
Judge orders Ripple, SEC to agree to possible settlement dates.
After Ripple won the court, the Volume Trading of XRP surpassed that of Bitcoin.
US regulatory clarity has begun in court after Ripple win: CFTC commissioner.
Banks Could Flock To Ripple’s XRP After Partial Victory, Company CLO Tells CNBC.
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XRP Analyze ( XRPUSDT ), 1-hour time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
XRP Not Yet- So first at all, i want to say i really have respect for Ripple Community because after all fuds, this community was brave enough and patient to support Ripple, if i was Ripple CEO, i would discern an " Hodling Oscar " or make a "Free Airdrop".
- Right now some of the news are talking about Ripple could win against SEC.
- Be carefull, you already experienced in the past, that often it's like " Buy the rumor, Sell the News ", you had the live proof with ETH 2.0 Merge.
- the real problem with XRP is last ATH is lower, in 2018 XRP pushed to 3.30$ish, in 2021 XRP ATH was only 2$.
- i really post this as trader, and i hodl some XRP (and XLM), because "Why not?".
- Diversify is the best way to be in at the good time.
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- Okay lets back to pure trading strategy :
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- Right now there's nothing to buy, absolutely nothing.
- XRP have to break 0.6$ ( EMA100 ) and breakout the downtrend, so i recommend a buy around 0.7$ to be safu.
- if XRP fall down again i suggest to wait and rebuy around 0.3$-0.25$
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- TP1 : 1.29 ish
- TP2 : 1.95 ish
- TP3 : 2.95 ish
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- i will post some olders XRP analysis in comments.
- As always Stay S4fe.
Happy Tr4Ding !
XRPUSD - LongWell this will be an interesting trade for sure - loads of Fundamental reasons, but... #crypto
I am long, I awaited a little break to the upside - which I see here.
I managed risk by the dollar amount I invested. No Stop at this level as I see insane movements could take me out.
No leverage was used.
I am actually new to stacking crypto assets - what a rabbit hole it is.
HODL - as they say.
XRP to rebound from this level?XRP’s HTF was bearish and could set a pullback retest on the key price zone of $0.407 - $0.434. The zone was key resistance in late November/ early Q1 2023 but was flipped to support in Q2 2023.
If the zone doesn’t crack, a positive price reaction could offer a long opportunity, targeting the bearish OB and a recent lower high of $0.527.
Entry: $0.434
Target: $0.527
Exit: $0.407
RR- 3:3
UPDATE: XRP "noy security" reached first target at 0.7018 XRP formed a large W Formation.
The last update I did was waiting for a breakout. We got the breakout and told you this would be a medium to long term trade.
But this was unexpected.
The price rallied to the first target and even higher.
This was after a judge in the Southern District of New York ruled that it’s “not necessarily a security on its face.
Does this mean XRP and other altcoins may soon be deemed commodities?
Will this change the very essence of crypto currencies face value?
Now I don't know what to do with it.
The trend is up, the confidence is up, but we have seen this before with sudden spikes.
Either it turns into a Bubble, comes down to retest a support or continues up.
I need more data before we can make any decisions.
It's ok to close half positions here, raise stop above breakeven and then let it continue to rally.
What do you think?
XRPUSDXRPUSD
Thoughts
After a long consolidation, Ripple has received a new impetus. At the moment, the price is approaching the global resistance zone at the level of 0.6.
If XRP is able to break through this level and gain a foothold above it, then the likelihood of further upward momentum increases.
In this scenario, we consider the following targets (indicated by blue lines): 0.6916 - 0.7476 - 0.8358 - 0.9038
We advise you to buy XRP 1% -3% of the deposit. It is also worth remembering that Ripple very often it goes against the market. It is worth remembering this and being prepared for such an outcome.
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Ripple XRP price hints at growth that is hard to believeWill the XRPUSDT price surprise us in the near future?
Such thoughts began to spin in my head while watching the "heavy" and long-forgotten BCH being pumped.
At the moment, all the prerequisites for the XRP price to start growing, organizing a way out of the classic consolidation, are visible on the chart. The only thing missing is the initial "magical kick" from big money to set the movement vector.
According to our calculations, the targets for the possible growth of the XRPUSD price are $0.75 and even $0.95, which is already x2 from the current price, which is an unprecedented luxury since 2021)
We can also think about the "conspiracy theory" :) It seems that now there is a "certain capital" allocated, which will be used to pump and "inflate" the liquidity of old and reliable altcoins, before they are announced to be listed on a new exchange "EDX Markets" for "big money trillion-dollar funds"
Since the capitalization of XRP is 5 times higher than, for example, BCH, the price pamp of XRP will be proportionally lower than that of BCH.
That is, conditionally! In recent weeks, $100 million has been spent on accelerating the price of BCH - a result of +200% to the price of BCHUSDT. If the same conditional $100 million is spent on accelerating the price of the "5 times heavier" XRP, the result of +40% will already be a good result!
Do you think that everything is just beginning, and bright times are ahead for the crypto market?
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XRP: A STRAIGHT 100% PUMP.Following a significant legal development favoring Ripple in its case against the Securities and Exchange Commission (SEC), the price of XRP has experienced a notable surge from $0.46 to $0.94. This substantial price movement has generated excitement among Ripple supporters, with heightened expectations for further positive developments in the wake of this news.
The recent ruling represents a significant milestone, concluding a three-year legal battle between Ripple and the SEC. However, it is important to note that this decision has been made at the trial court level, leaving room for the possibility of appeals and potential further legal proceedings.
This development has instilled a renewed sense of hope among Ripple believers, with many perceiving it as the commencement of a positive trajectory for XRP. It will be of great interest to monitor subsequent events and the potential implications for Ripple and the broader cryptocurrency market.
Please bear in mind that ongoing developments in the legal landscape could impact the trajectory of XRP in the future. Therefore, it is prudent to remain attentive to further updates and market dynamics surrounding this matter.
Sincerely,
Team Dexter.