XRPBTC
A further idea of a bullish outlook for XRPBased on a long term trend line which bottomed at COVID low, this trend line has held ever since. We are currently approaching a pinch and I would consider the likelihood of upside as opposed to breaking this long-term trend an almost definite possibility with potential targets of ~$1.20 in the coming months with aims of reaching the downward forming pendant in time for the next halving event. As we can see for the scaled circle areas these sections are starting to look very similar and XRP rising to $1.28 over the coming weeks would confirm this idea.
DID YOU INVEST IN XRP?If your answer is "Yes". Congrats to you, by next uptrending between Altcoins vs Bitcoin, your money will be doubled. HOW?! In short. Let's say, you bought $1k of XRP at 30 cents ( 1000 / 0.3 = 3333.33 XRP ). After next halving of Bitcoin on May 2020, Bitcoin will reach $15k at least and the reward of miners will be decreased to 6.25 Bitcoins. This will reverse the game from the downtrend of Altcoins vs Bitcoin to the uptrend of Altcoins vs Bitcoin with double increase in value of USD. I'm not saying "Hype" but every Altcoin will try to be survived after the halving of Bitcoin and that's normal to keep the main investors in safe side. So, if you does sell your XRP / BTC or / USD at that time, you will get double profit $2k or 6666.66 XRP.
If your answer is "No". You can set buy orders like what I did in GOOD TIME TO BUY BITCOIN!
NEXT UPTREND WILL BE 60 CENTS FOR XRP.
DECIDE AND TRY TO MANAGE YOUR WALLET WITHOUT LOSING. HAPPY TRADING ;)
The dynamic resistance has not been brokenXRP continued its range trend last week between the resistance and support levels intended for it. The price made a short-term strong bearish move to the $0.30 support area, which we expected, and was explored in the previous analysis. This momentary drop caused the positions taken to buy in the futures market to be liquidated. Again, a negative reaction was observed from above and in the resistance range of $0.35, which caused the continuation of the ripple range trend.
The dynamic resistance of the downtrend line has not yet been broken, and until this happens, we cannot expect the short-term trend to be bullish. A break of this resistance and price consolidation above the $0.36 range could activate higher targets at the $0.40 level. You can wait at least until the downtrend line of the RSI indicator breaks and creates favorable conditions to trade in the pullbacks that will occur to the support levels, and you can start trading if you see signs of support, start trading.
XRP vs XLM macro breakout?Who is gonna be stronger?💪 This is comparison XRPUSDT / XLMUSDT , so if the:
*price is going up, it means XRP is stronger than XLM
*price is going down, it means XRP is weaker than XLM
My last analysis (11/08/2022) of this pair anticipated the Head and Shoulders but the pattern has not been actually triggered as the neckline has not been broken and the formation was invalidated later.
Last months Ripple is much stronger than Stellar and the chart actually drawn huge inverted Head and Shoulders with Neckline being at the previous chart high @ 4.67. Now XRP is trying to get above the Neckline and stay there to confirm the breakout. IF that really happens, we could see run up to 8.62 meaning that 1 XRP would be worth 8.62 XLM, while now it's just 4.67 XLM. In other words Ripple would gain 85% against Stellar no matter what the USD value does. All the uptrendlines could act as magnets attracting and repeling the price. Invalidated below right shoulder @ 2.67.
To sum it up, I think that in the following months, Ripple could be stronger than Stellar with some pullbacks along the way. What's your take?
Check my other stuff in related ideas.
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Pathetic calls for 10$, 100$, and 1000$ - reality check 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 do ignore some basic facts. That is why we would like to dismiss some ridiculous notions running hot on TradingView. To do so, we repeatedly illustrate what market cap XRP would have if it was valued at 10$, 100$, and 1000$.
Marketcap
XRP at 10$ = 503.4$ billion
XRP at 100$ = 5.034$ trillion
XRP at 1000$ = 50.03$ trillion
Meanwhile, at its peak, the total cryptocurrency market cap (including over 20 000 different cryptocurrencies) had a value of 3.009$ trillion. The current equity market capitalization is about 122.94$ trillion. Therefore, notions promoting XRP at steep price tags lack any regard for the world we live in; furthermore, they are deeply flawed on many other levels.
Illustration 1.01
Retracement toward 20-day SMA and 50-day SMA raises the question of whether the current bounce is only another downtrend correction. To support a bearish thesis, we would like to see the price fail to break above the 50-day SMA; otherwise, a breakout above it will bolster bullish odds in the short term. However, we do not expect it to impact the primary downtrend.
Technical analysis
Daily time frame = Bearish
Weekly time frame = Bearish
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
Do not get fooled by bullish forecastsSince 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$ (at the time of our announcement) to about 0.31$ only days later.
After that, the rebound came, which sparked numerous bullish calls predicting a happy story for the token. However, we remained unfazed and said the rebound would be short-lived. Furthermore, we said the bounce would just push our price targets further into the future; indeed, we also set specific rules for their reactivation.
Now, with the FED raising interest rates and the reality sinking back in, we would like to reiterate our bearish stance again. With that said, we maintain our short-term price target at 0.30$ and medium-term price target at 0.28$.
Technical analysis
Daily time frame = Bearish
Weekly time frame = Bearish
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
Trend Lines and Bollinger Bands agree!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!
Accumulation is the name of the game for the foreseeable future!I believe we will see XRP hit a low of at least .18 by, or around March 23rd 2023. Now is the time to start accumulating a position in XRP that's worth your trouble. As the price goes lower, accumulation becomes larger and more aggressive until you reach your individual goals.
Plan on holding until 2030.
XRP formed a bullish Shark move | A good buy opportunityHi dear friends, hope you are well and welcome to the new trade setup of XRP with US Dollar pair.
Previously I shared a long-term trade setup for XRP, which is still in play as below:
Now on a 4-hr time frame, XRP has formed a bullish Shark pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
XRPBTC 'D' - Ripple Making Gains on BitcoinShowing a strong Buy signal from Crypto Tipster v2 within the lower half of a near perfect symetrical triangle after touching and rebounding off the lower edge - all good signs for a quick 8% long trade!
We've had a couple of really good short trades within XRPBTC recently from Crypto Tipster v2, is this Long going to be another quality trade before reaching the end of this symetrical triangle?
Where do you think the price will head once we reach of the end of this squeeze?
XRP falling triangleHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the XRP symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
XRP looking like a snackhonestly, from nothing more than this perspective this doesnt look half bad. near the ideal accumulation area for a value purchase, significant upside to the POC alone which aligns nicely with equilibrium, let alone the premium range sitting above that. in terms of the recent change in character could signify a break in market structure. meaning this area could easily be seen as accumulation range that its been trading in for the past few months. potential this goes lower is there dont mistake, i wouldn't be surprised to se this sub .20 but at the same time its closer to the bottom than the top it seems. could be a real potential longer term value pickup here
XRPUSD - head and shoulders (75 % downside potential)XRPUSD similary to other altcoins has been in a brutal downtrend and it keeps looking bearish.
What we can see on the chart is a potential head and shoulders formation on the weekly timeframe.
MACD looks bearish as well. Decreasing bars of positive momentum and potential bearish cross may help bears to drag the price down
We believe that if we get some catalyst (for example: Ripple loses vs SEC) it would be a trigger for the price and we may see a huge dump.
Keep in mind that it's a weekly time frame therefore reaching the target from the head and shoulders pattern may take many months.
Good luck
XRP - Whales will start buying XRP here. But first a 55% DROP!
This head and shoulders pattern on the weekly chart is almost ready for a breakdown, so this is your last chance to sell XRP and save your money!
On the other side, it's a great opportunity to short XRP on the futures market, as I already did at the top of the right shoulder (see my previous idea)!
But be careful; XRP is the beast, and I know XRP very well, more than most other people. Overlaps between waves are common, and movements can be difficult at times, but they are doable.
If you ask me when moon for XRP? I can tell you that after we hit 0,1 - 0,09 USDT, the whales will start buying massively.
The whales are going to send XRP to the moon! And I am telling you it will be massive; you don't want to miss it, so hit the LIKE if you think I am right.
But let's be realistic; this is the biggest bear market in history, and it's better to buy XRP at a cheaper price.
XRP is stuck in this parallel channel on the weekly chart, and the bears are in full control. There are no signs of a trend reversal at all. No buying alerts from whales
As per my Elliott Wave analysis, this downtrend is so incomplete. We are in the middle of the bearish trend that started on April 13, 2021. But we are basically finishing the downtrend that started in 2018.
It can take another 1-2 years for XRP to bottom out. XRP is ranked 6 on CoinGecko, which is pretty impressive.
Transactions on XRP are extremely fast and extremely cheap, so it's a pleasure to use it for payments. But it's not a digital gold nor a store of value and will never be, this can only be Bitcoin.
Thank you, and for more ideas, hit "Like" and "Follow"!
Ripple XRP/USD short Xrp was holding value for a long time, losing bullish momentum and generating new lows. If the trend line breaks we can see ripple going to $0.26 cents and lower, great accumulation zone for whales and hedge funds to invest in the coin, I hope you escape the matrix, happy holidays.
A.