S-XRP
XRP QUICK NIGHT TA!🔥 Hey hey! Hope everyone's doing well, got some free time and wanted to get a quick TA and follow up here from our last idea. It'll be a quick but important idea. And thanks for joining me as always!
🔥 In our most recent idea we added in this ascending channel with the blue lines, I've extended it in today's idea with the red lines for reference. And here's a link and image of the previous idea:
🔥 Following off from that we'll take a quick look at what's happened since and some smaller timeframes. First thing to note is that as we spoke on in the previous idea, we we're anticipating a possible reversal and retracement, especially after the big rally we'd experienced. Can see how once we lost that ascending channel we really got some sell pressure before getting that support at 0.541. And for reference here's our 15 minute chart:
🔥 I've added two annotations for reference to highlight the two points of interest as of currently. First things first, can see how once we lost that 200 EMA bears basically took over before that support at 0.541 hit back ultimately helping us regain that 200 EMA and pushing us to our next highlight!
🔥 We're at this horizontal channel now and if I had to say from past trading action and behavior, we'll more than likely be seeing some sort of breakout soon enough, now whether or not that happens depends on the 200 EMA, we're familiar with that 200 EMA by now and it's effect so what happens next will more or less be based off whether or not we can stay afloat and above that or if we'll lose the 200 EMA again being that we've failed to form a higher high already and tested that support at 0.541 so definitely set some alerts for 0.541 and 0.610 if you want to keep tabs on things.
🔥 Said this was going to be a quick idea and that's that. Just wanted to follow up and highlight a couple things for now but I'll definitely keep you guys posted and thanks for joining me once again as always, many blessings and good wishes till next!
~ Rock '
XRP buy setupDue to its bearish structure, it is expected that the price will be rejected to a strong support range and the liquidity pools at the bottom of the chart will be swept away.
On the green range, we can look for buy/long positions.
Closing a daily candle below the green range will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
ETHEREUM 4800$ UNLOCKED. + 5036$ + 7000 +NovemberAs we said yesterday, we are moving forward knowing 100% correctly.
We have achieved 100% in predicting the future.
We achieved high profits with almost 0 losses.
We will see the records on all exchanges, not just Crypto.
Even below we will see the record. It's almost November.
We expect a big fake fall and a quick rally in November.
Our Expected Dates are on the List.
4h| 8h| 12h| 1d|3d|5d|6d|1w|3w|1m|3m|
Rally in Bitcoin is coming.
27.10.2021
08.11.2021
21.11.2021
28.11.2021
01.12.2021
07.12.2021
14.12.2021
21.12.2021
27.12.2021
08.01.2022
Do not forget to set Tp and Stop-loss. You'll understand when the rally comes. The media will write well. Governments will support. Banks will increase their expectations.
It is not investment advice.
Gradual entry and exit is recommended.
Time Proves Everything---- XRPFor cryptoers who are new to this bull market, Ripple is an unfamiliar project. More Rookie’s knowledge of Ripple is that Ripple and many regulatory agencies have lawsuits. But this project, which was born in 2012, has received favor from the traditional banking industry at the application layer.
Among Grayscale’s trusts, apart from BTC and ETH, XRP has a seat. The recent Bank for international settlements recording XRP as secondary capital, like BTC, also showd Ripple's power.
Ripple is an International remittance solution, which is the same as SWIFT. However, Ripple uses distributed ledgers to achieve secure and instant global financial transactions. Compared to projects growing in a complete ecosystem today, Ripple is more like an early blockchain innovation project relying on the real world. Even though Ripple is 12 years old, it is still functioning on an application level.
The premature attention attracted regulators from the SEC. The protocols or CEXs of the same period were almost defeated by regulation or eliminated by the times. Ripple is a living fossil. Now, regulators are loosening the rope on the crypto market. The listing of the ETF and the dismissal of the lawsuit prove this. Ripple gets a chance to get off the ropes. At the same time, become a strong competitor for the next ETF.
Next let’s look at the indicators. XRP is one of the few tokens with a BUY signal in the current environment. We can see that after the TSB indicator prompted a BUY signal on July 24, XRP had an obvious pump. It is now pulling back near the support line in the wavy zone. This will generate bullish power and is a suitable point to add to a position.
Introduction to indicators:
Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated.
KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
XRP hits target of green symmetrical triangle breakout.Target hit!nHopefully now that this target has been hit xrp will still hold support on all the MAs it rose above to hit this target including the weekly 20ma not shown here since this is the 1 day time frame. Nice to see price action send a wick above the top yellow trendline. Once it starts to close a few consecutive daily candles above the top yellow trendline and perhaps 1 to 2 consecutive weekly candles above it then it should really be go time. May take a second to flip it to support though after such a big pump. *not financial advice*
XRP hits target of green symmetrical triangle breakout.Target hit!nHopefully now that this target has been hit xrp will still hold support on all the MAs it rose above to hit this target including the weekly 20ma not shown here since this is the 1 day time frame. Nice to see price action send a wick above the top yellow trendline. Once it starts to close a few consecutive daily candles above the top yellow trendline and perhaps 1 to 2 consecutive weekly candles above it then it should really be go time. May take a second to flip it to support though after such a big pump. *not financial advice*
BEERUSDTTaking a stab at 1000BEER
Scraping to bottom of the range
Its a 4h chart and seems like a fairly new coin
Currently trading at the POC
Nothing really crash hot in Willy or RSI but the MACD is coming to a squeeze
The potential to bang out doubles here isn't crazy to say
Here's what I'm looking at as entry
XRP IS ALIVE AND SO AM I! ✨ Before I start I just want to give thanks to anyone who's here, I really appreciate it and it means a lot to have you guys here. The past few weeks for me have been a lot to say in the least, been dealing with a lot and I haven't had the opportunity or chance to post thanks to all that unfortunately.
✨ That being said, we're back at it, and I'm hoping I can get back to normal with things, still dealing with a lot of course but I owe it to you guys to get back to being active, even with everything going on so thanks all the more for being here.
✨ It's been a rough month for the market in general, especially crypto as interest rates and inflation have battered us. On top of that we saw Bitcoin fall in a dramatic move which prompted the fall of other crypto's and the market overall before rallying this week back above that $65,000 mark in a sign of resilience however here's where we'll have another challenge. Bitcoin's going to have to keep above $62,000 at the very least to keep bullish and it'll have to break $66,000 in order for traders to be able to target and look to new and all time highs.
✨ Now Bitcoin isn't XRP of course but we are well aware by now that Bitcoin's price can be a lead indicator, a strong indicator at the very least for crypto as it usually drags the market with it thus another reason for why we've seen this dramatic rally in XRP this week as XRP alongside the majority of the market followed Bitcoin up. So now the markets holding it's breath waiting to see what Bitcoin does.
✨ As for another catalyst to this XRP breakout I've added a quick chart below highlighting the intersection and where that breakout started, we can see how we exited the blue wedge and regained the 200 EMA which allowed for us to get this golden cross and that's helped XRP rally.
✨ Next to look to is our ascending channel on the 45 minute chart displayed below which makes it clear that we've got this ascending channel that's helped to further boost XRP's price and rally. I see us getting a big retracement and falling if we end up slipping out and below the ascending channel as we don't have any support points to look to on the local time frame aside from our horizontal levels by which we'd take 0.515 as one support level and presumptively the levels below should also act as supports unless broken.
✨ I'll leave the idea here so we don't make it too long but yeah, keep an eye out for what'll likely be a retracement or some sort of reversal after such a rally. As much as we love seeing prices move up we always have to consider the alternative and be aware that sometimes the market's going to want to relax and cool off a bit, especially after a rally. And if we do end up losing that ascending channel then please look to that 200 EMA for a bearish, bullish confirmation.
✨ I have to go right now but I wanted to get something quick out for you guys, again apologies for the delay, it's just been a rough few weeks but I'll be back and active with it so thanks for the support, especially to those that have been with me for so long, thank you my friends.
~ Rock '
XRP 16% PUMP To Next Resistance.XRP has broken out of a downtrend which started in March. We manage to close a weekly and daily candle above the POC.
There's a daily level we have failed to close above, over the past 3 days.
Flip that level into support and I would target $0.62 next 16%
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Overlapping double top & double bottom patterns on xrpusdHard to say which one of these patterns are more likely to get validated at this point. Always a chance Bitcoin dumps one last big leg down from now until June in which case one last big capitulation dump could be enough to trigger the double top pattern here. However if the correction for bitcoin has already found its bottom then I think its a higher probability that the double bottom pattern is the one that gets validated. Either way I think a decision will be made on one or the other before June. To actually get the double top pattern to play out and drop as low as this target would be an amazing opportunity of a gift to load up on much more xrp in my opinion *not financial advice*
XRP - Increase Possible after THIS LEVELXRP - it's possible that the bottom may be near, and we're going to use a technical indicator to look for the bottom.
It should be noted that I am NOT a fan of XRP BUT, I understand tat all coins are tradable despite whether or not I like them.
So let's dive into the SIGNS of the times:
Looking at the RSI below the chart, historically XRP bottoms are close when the RSI hit's the yellow line (34). It could trade lower for a few ore weeks to come, but ultimately this low RSI signals the bottom is either in or close.
It is also worth noting that the M-Pattern should be finished playing out, or close to finished:
Either way, if you MUST trade XRP, buy low and sell high. Bag holders gets burnt!
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BINANCE:XRPUSDT
What comes down, must go upLook to the past for some patterns. It seems like when things get moving, they getting moving and fast. Like really really fast. Out of no where, we'll see a spike in dominance which leads to a pump price. With the Ripple case being speculated on coming to a close, things might just interesting.
Right on time with the charts ;)
XRP Price Analysis: Support and Resistance LevelsXRP has recently experienced a significant decline, breaking below crucial support levels, notably $0.4240 and $0.4150. The price reached a low of $0.3826 before beginning a recovery wave. Despite this recovery, the price is still trading below the $0.4250 mark and the 100-hourly Simple Moving Average (SMA).
Key Levels to Watch
Support Levels:
Immediate support at $0.3900
Major support at $0.3850
Potential further support at $0.3620 if the price continues to decline
Resistance Levels:
Immediate resistance at $0.4050
Significant resistance at $0.4150 (aligned with the 50% Fibonacci retracement level and a key bearish trend line)
Additional resistance at $0.4220
Higher resistance at $0.4380 and $0.4450
Technical Indicators
Trend Line: A key bearish trend line is forming with resistance at $0.4150 on the hourly chart.
Fibonacci Retracement: The price faces resistance at the 50% Fib retracement level of the recent decline from $0.4467 to $0.3862.
Analysis
The XRP/USD pair is currently consolidating losses and may struggle to break above the $0.4150 resistance zone. The presence of a bearish trend line and the position of the 100-hourly SMA indicate a bearish sentiment in the market. The immediate recovery above $0.4050 may face strong resistance at $0.4150, beyond which $0.4220 acts as the next significant hurdle.
If the price fails to breach these resistance levels, it might witness another downward movement. Breaking below $0.3850 could lead to further declines, potentially targeting the $0.3620 support level.
Recommendation
Given the current market conditions and technical indicators, the following recommendations are made:
For Current Holders:
Monitor the $0.4050 and $0.4150 resistance levels closely. Consider reducing positions if the price fails to break above these levels and shows signs of further weakness.
Set stop-loss orders below the $0.3850 level to mitigate potential losses in case of a continued decline.
For Potential Investors:
Exercise caution and wait for a clear breakout above the $0.4150 resistance before considering new positions. A sustained move above this level could signal a potential recovery towards $0.4220 and higher.
Alternatively, look for buying opportunities if the price approaches the $0.3620 support level, provided there are signs of stabilization and reversal from that point.
For Short-Term Traders:
Consider shorting positions if the price struggles to break above $0.4150 with a target around $0.3850 and a stop-loss just above the trend line resistance.
Be prepared to switch to long positions if a clear breakout above $0.4150 occurs, targeting the $0.4220 and $0.4380 levels.
Conclusion