This Triangle can also be seen well on the weekly…and also valid on the daily chart but you have to scroll over to see the whole triangle on the daily. I chose the monthly chart for this idea though because it’s the easiest one to see all the key valid touches on both the bottom and top trendlines of the triangle.That bottom trendline has been holding for 3 years...
Even after yesterday's blatant and pathetic attempt to manipulate the price downward. The XRP bulls have reversed the course of action to what could become a bullish full trend reversal. Even managing to turn the crash candle green on the daily chart... Wow! Watch the .37 and .40 levels. If these are broken and hold, then the bull-run has begun. We will...
Want to come back to $LTC, was on phone b4 #LTC has weekly BULLISH crossover Not many have done that, those that did rolled over $ETC $DOGE $XRP ( $MATIC still in area) Looking @ monthly none mentioned were able to CLOSE above except #ETC #Litecoin is @ monthly RESISTANCE
Leg 4 might be running sidways as it did in 2016. Leg 5 has not completed yet. Smelling a small rally/bull trap to $0.51 (Spring 2023) and a retest of $0.17 for the double bottom before a paraboilic push up.
The long term trading range was broken already a while ago. Bottom of the rising wedge is now confirmed. For now staying on sidelines to observe further price action development. At the moment most of crypto assets look similar. It's a risky business until the channel is regained. For now I'm bearish.
XRP price action imo is one of the cleanest to trade, red line break will trigger a short (stop $0.425 tp1 $0.33) - (in my opinion the more likely of the two scenarios unless some SEC case stuff comes out). Break of the blue line triggers long scenario up to the $0.49 region (stop $0.38).
pretty much ran the trajectory based on supply/demand and fib levels, as can be seen in previous post. trend continues to be bearish with standard retracements at this stage. personally i think now with the deep wick liquidity tap, xrp should see some upside here.
With the start of a new year, 2023, we would like to wish everyone a successful year ahead. Today, the U.S. stock market is closed due to the observed New Year Day holiday. Therefore, we would like to recap the performance of various assets in 2022. Performance of the major U.S. stock market indices in 2022: 1. Nasdaq Composite Index IXIC = -33% 2. S&P 500 Index...
On 8th August 2022, we introduced a setup with two alternative trades coming after the breakout from the wide range in which XRPUSD oscillated for some time. A few days later, a piece of news concerning a minor win for Ripple Labs Inc. against the SEC sparked a buying frenzy that propelled the price more than 40%. Meanwhile, in the early stage of the rally, we...
In the past few weeks, the sentiment among retail investors turned increasingly irrational, with calls for sky-high prices. Indeed, we encounter a lot of predictions forecasting double or even triple-digit figures for XRP. However, we would like to highlight that these claims are driven merely by hopes, dreams, and emotions. Unfortunately, many of these forecasts...
Since the summer, we have remained relatively bearish on XRP while later warning about the unsustainable rally right at its beginning. Then, as if it was not enough, we also set a medium-term price target of 0.30$ on 8th September 2022, which we updated to a short-term price target on 30th October 2022. This was quickly followed by the token dropping from 0.45$...
In our previous post, we briefly discussed the relationship between the XRP’s price and market cap. Furthermore, we compared their various valuations to the equity market capitalization encompassing 59 400 companies listed on the World of Exchanges. Then, we said that we would like to see the price fail to break above the 50-day SMA in order to support our bearish...
XRP is on it's way to the .20 cent range, and .30 is the first major line that will break. Once .30 breaks .25 will be sooner than you think. Keep adding to the multiple.
XRP/USDT sell setup in advance . downtrend already started
Hello, welcome to this XRP/USD 1DAY chart update by CRYPTO SANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:- Ripple (XRP) This past week, XRP had a good attempt at breaking the key resistance at $0.36 but was swiftly rejected by the bears. For this reason, the price fell by 3.4%, and XRP is now found just above the...
Been a while since I updated BTCD here on Trading View, 2020-2021 was my BTCD year where most of my analysis hit the targets. Reviewing this monthly chart we can see the Stoch RSI is bouncing off the 1/2 way level between overbought/sold. The diagonal has likely completed Wave 4 and W5 should hit that top expanding TL and likely overthrow , so we can assume...
I just bought few XRP at the current price. im expecting bullish for this coming 2 or 3 years. HODL!
Although I believe that we will see XRP prices below .20 between now and mid to late March, that doesn't mean that I'm right. I always keep my eyes open looking for opportunities to acquire more XRP to add to the stack. In the end what we all have is a multiple of the current price. Increase the multiple!