Critical moment XRPXRP is touching the still intact log trendline. It's adjusted a small amount due to recent price action but still touching on previous up-swings.
If this holds and it continues to go up, we could see 4.2$ if the market wills it.
Xrp-usd
XRP still within logarithmic channelMy target box was only missed by a couple of cents. We all knew this was coming. Price action still well inside the log channel. Retrace can go down to 2.4$ action (previous ATH). It didn't dump as hard as some people would've thought/liked. Check the correction on the previous high for a comparison.
Keep an eye on the price when it gets to the channel lines. If it falls through. Bear cycle. If it holds, mega bull time. Next target if line holds would be 4.2$
Flag continuation?Has issues breaking through all-time high. Sell walls prevent us from crossing over. Flag pattern suggests that we'll see another push past this point, next target would be around 3.3$. If it fails, we might see a retrace to previous lows.
XRPUSD: Decision PointLike the XRPEUR chart it is hitting a fibonacci level with support line near top of downward trend channel, which could(!) lead to an outbreak of downward movement. Be aware.
XRP next leg-upAdjusted the trend-line from ATH to current situation. Possible target adjusted a bit due to length of previous leg up. Might see a small retrace at that point or a retest of lower blue trend-line. After that we might see a challenge to the ATH and beyond.
Purple lines are the log channel. Still healthily inside the log channel as you can see.
XRP preparing for a big moveBreak-out confirmed. First two stops are on the chart. Good indication for huge upswing potential if price action hits these. Volume is picking back up after the holidays. Set your stop and enjoy the ride!
XRP Breakout?XRP looks like it broke out of it's downward channel. Volume still needs to pick up a bit and might re-test trendline for confirmation. Should be heading to a retest on ATH levels.
Possible trend continuationABC was finished earlier than anticipated. Broke out of the downwards channel and is in a falling wedge now. If break on the upside, could test next fibonacci level and possibly even all-time high. If break on the downside, could retest yellow trendline from previous medium-term channel. Trade what you see. Happy new year!
Possible ABC formation XRPLooks like a downward channel supported by cloud resistance. Next Fib level possible support and back into original upward channel. Please let me know your thoughts!
XRP On the Move - Ripple Making Ripples XRP is on the Move - Ripple Making Ripples
Nice Elliot wave roll up here...
All the best wishes with your trading ;)
XRP/USD HODLIts the day before Christmas and a vast majority of people will be taking their profits over the festive period - This in turn creates great opportunites for the long term buyers to get in at just under $1 before things really start taking off next year. On the 4h timeframe we are looking at our next support level of 0.87 for our downside target and depending on how the market reacts when it comes to this point, will determine the future direction. For everyone that bought around 0.87 just hodl tight for a few months. We could be in for a bumpy ride!
Yet another BAT formation?Seems like ripple LOVES bat formations, if this pattern consolidates buy around ~0.85$
XRP/USD Pressure Point might send Price Surging Upwards!!!Looks like XRP price is converging to $1.02 or so. These three inside bars indicate that a positive pressure may be mounting that will create a huge up surge in price. Strap on your seat belts ladies!!
XRP FROM HERE..I believe we will see the top of the range, potentially higher. Watch BTCUSD since XRPUSD is positively correlated with bitcoin.
WHAT RIPPLE BUYERS WANT TO SEE!Break of bullish flag should imply another move up! Break of this consolidation range should signify further upside objectives.
Possible BAT Pattern 1h chartIf the BAT pattern consolidates in this hour we may experience a run to ~0.76
