Re-counted the entire wave analysis for BTC & updated it accordingly. I know majority of the Crypto community are bullish due to the BTC halving coming up in April 2024. But such bullish momentum 2 months prior?🤔 Seems more like a buyers trap. ⭕️Wave X Complete, Wave Y Pending. ⭕️3 Sub-Waves (A,B,C) Complete. ⭕️BTC ETF Negative For Growth. Invalidation zone...
The top looks like it's about to pop off on XRP, god knows when. Its been moving up a small channel for a while so the extreme price gains will come (if they do come) off a steady, seemingly reliable, bullish foundation. Based on that, I'd bet on it hitting the top of the channel again which would give you 30% if you get in now. However, since the bitcoin...
- Ok Ripple is back. - Maybe the SEC will one day give up trying to perma-suppress XRP market to protect the big banks. Little facts : -------------------------------------------------------------------------------------------------------------- - XRP lost -96% from his 2018 ATH and bottomed hard around 0.12$. - XRP lost only -86% from his 2021 last ATH to find a...
BULLISH LONG XRPUSD to 0.7348 LONG IDEA FROM 0.5273 SL: 0.5067 TAKE PROFIT: 0.7348 getting the bulls ready for XRP
This chart is an update of an earlier post that has changed a bit. Always use a stop!
XRP is currently sitting on the main support of the ascending parallel channel. This is definitely a great opportunity to buy cheap XRP. We have a leading diagonal wedge as wave (1) followed by a sharp correction wave (2). Wave (3) should be in progress. You can be sure that XRP is a big deal for huge institutions such as banks. They are already investing a lot of...
XRP has been ranging, like it or not, for the past few months. Blue range high and low signify the parameters price has respected and I do not expect this to change. What I would expect, is a potential flush into the deman zone (green) preceeding a push up to the mid-range with a reclaim and push to the range high. This is contingent on the fact the altcoin...
XRP is showing a bearish bias on the daily and 4H timeframe. A break of market structure to the downside on the 4H chart with lower highs/lows reinforces this sentiment. Intraday Opportunity: We are looking at the 61.8% retracement for a sell opportunity with SL placed above the previous highs, and targeting previous lows. Disclaimer: Please note that this...
Hi folks today I'm prepared for you Ripple analytics. If we look at the chart we can see how the price a not long time ago rose to the trend line and then made a strong impulse down to the 0.5000 support level, thereby breaking the resistance level, which coincided with the resistance area. But at once Ripple rebounded and in a short time rose back to resistance...
Ripple has now expedited its global expansion spree by strengthening its presence in Egypt by collaborating with the CIB. Ripple, a leading blockchain solutions provider, has recently initiated a collaboration with Egypt’s Commercial International Bank (CIB). It is a pivotal milestone for the company as it expanded its foothold in the Egyptian market. This comes...
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...
I got a little experimental with the Bitcoin chart after seeing such a strong correlation on cycle one of Litecoin and this cycle. (I did an analysis on this exact this for Litecoin Ill past the chart below). Bitcoin and Litecoin cycles are playing out almost exactly the same as their previous cycles. As you can see in the chart Bitcoin from the time it came...
I invite you to review the chart of XRP versus USDT, in a one-day time horizon. It is worth starting here by identifying a very strong upward trend line that the price is currently based on. Additionally, we can locally determine a downward trend line, which, combined with the uptrend line, creates a triangle in which the price is approaching the exit...
After experiencing an initial surge of around 50% alongside the broader crypto market back in November of last year, the price action of BITSTAMP:XRPUSD has been rather disappointing for the XRP Hodl army, characterized by a consistent pattern of lower highs. However, recently, following a new test of the 0.5 zone, the cryptocurrency has shown signs of life and...
📉Hi Traders, Investors and Speculators of Charts📈 XRP is notorious for pumping and dumping, but even after the wallet "hack" of Chris Larsen, the price is still making higher lows. From a macro perspective, we can clearly see the price increase - gradually, but we're stair stepping up. XRP usually dumps harder than BTC when there's a correction and the XRPBTC...
XRP has formed a Bullish Flag. In the near future the price can break above the resistance. 🔵Entry Zone 0.5678 - 0.5351 🔴SL 0.5103 🟢TP1 0.6400 🟢TP2 0.6800 🟢TP3 0.8000 🟢TP4 0.8800 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not...
Scalp long, then short then long, then short then to mars We’re not done chopping yet, this coin is building some support above $0.50. However judging by past movements we could, (will probably still see) the spike down along with BTC before takeoff. Right now we are just scalping but we’re getting down to the limit where you’ll wish you invested more in XRP over...
XRP is currently taking back a Daily Support Zone after rebounding from the PCZ of a Bullish Gartley. Though the setup looks nice, it should be noted that the entry here is a bit late overall in relation to the PCZ so in trying to catch this late move it will be best to use a tighter stop in hopes that the upwards moves accelerates above the Support Zone but if...