XRPBTC
XRP $80 BY NOVEMBER 2022?- We are still WRAPPED UP into this SEC lawsuit, XRP will probably just consolidate until the lawsuit is over.
- The case will most likely settle when everyone is really BORED of crypto and waiting for it too MOON.
- They know all about human emotions and will FUD you out, so HODL STRONG AND BELIEVE IN YOUR INVESTMENT!
XRPBTC - Break-Out 2022 & Pricing in resolution?Price sitting in a flag after breaking monthly beartrend.
Important to note until XRP break rayline we are on HTF in a bear-trend against BTC.
I see break coming 2022, let's see now with XRPETH at all-time low that if XRP start to price in a resolution in the case in advance or if the actual resolution will spark the ignite.
I see 2021 LOW holding & is a sign of expansion.
Patience.
Simple but smartHi guys
We are facing a valid downward channel and many collisions. If the channel ceiling is not broken, the price can decrease to the bottom of the channel.
Do not pay attention to the shadows, price stability is important
For a more detailed look at the bitcoin chart analysis that was sent, take a look
what is your opinion?
XRP $120 BY FEBRUARY 2023???- As we can see XRP is still following the long term trend line
- This trend chart pattern is very similar to DOGE coin (I am not comparing XRP to doge in any way, just saying how similar the charts are)
- We could see XRP top off around the $100 once the lawsuit is over, but I do not believe it will go up really fast, it may do some short term pumps due to then positive news on the case, but besides that we could see a slow run up to $100-120 due to mass adoption by INSTITUTIONS.
XRP Sell the descending triangle.Ripple - Intraday - We look to Sell at 0.759 (stop at 0.772)
Daily signals are bearish.
There is no clear indication that the downward move is coming to an end.
Trades with a bearish descending triangle formation.
Trend line resistance is located at 0.760.
Preferred trade is to sell into rallies.
Our profit targets will be 0.722 and 0.712
Resistance: 0.740 / 0.760 / 0.780
Support: 0.720 / 0.710 / 0.700
XRP back in the gameXRP is holding a new uptrend and is slowly going up, the market is taking a break from the negative influence of BTC, the situation is developing and it is important to keep an eye on the developments every day, because BTC can wake up and repeat the correction or just strongly rebound upwards
XRP The explosive 3/3/3!If we don't get a new low bellow .51 we have to assume this move up from the low of .51 is a 1-2 of its own. If that is the case we would be working on the wave 3 of a wave 3 of a wave 3. Which I would expect to be very explosive. We have a lot of confluence between the 3 fib extensions. If .51 is broken then I would eliminate the red count and would have to assume the C wave of the blue count is still alive. For now we hope for a huge momentum push up so we can be clear of the current count.
XRP $13 OR $0.30 ???- As you can see XRP is still within the long term TREND line.
- It could potentially consolidate between now and September, however it will need to break up or down!
- With the SEC case XRP is still being supressed as they don't have the green light yet and I know the governments in this world are full of corruption and greed, they want to remain the elites, they want control over out money....BUT the XRP ARMY has strong diamond hands, we know what XRP is and what value it holds for us and our future!!
- These are the ONLY scenarios I see playing out!!
- Please DO NOT use this as financial advice, I am here to just give my opinions on the market, do your own research and only invest what you are willing to lose :D
XRP COULD BREAKOUT OF THE TREND AND THEN CONTINUE UP!!- As we can see the trend line is broken and we could drop down a little before we continue up!!
- There has been too much good news and ODL adoption, where I believe XRP will show this on the charts!
- The Bull market is still on we sill have not broken the ATH!!!
XRP WHATS NEXT?????????????- As you can see we are on the edge of the trend line
Scenario NO 1: We break the trend line for a short period of time like we did when the SEC sued RIPPLE, then we work our way up again.
Scenario No 2: We continue to the upside and continue consolidating until the case is over or if BTC starts dumping, however I believe we could be in a short term correction before we move up, I personally do not believe BTC has topped of, if it has then we should see a ALT season.
Scenario No 3: We continue breaking to the downside and go low as $0.30 or continue down to $0.14, which could mean a bear market!!
Scenario No 4: We may be entering a bear market but I do not believe that to be the case at all!!!!!!
XRP triangle breakout 📐Ripple is breaking out of this local range up and I think it will also break up this triangle 📐later on. Then there would be a chance for run to 2.29 and even higher. Setting BUY LIMIT order to catch the pullback.❌R P come on!
ENTRY : local high @ 0.9361
STOPLOSS (SL) : local low @ 0.7601
TARGETS (TP) : TP1 - resistance @ 1.41 | TP2 - resistance @ 1.70 | TP3 - resistance @ 2.22 right below of the projection (height of the triangle projected from midpoint of the local range (BUY LIMIT - SL))
REWARD RISK RATIO (RRR) : TP1 - 2.7 | TP2 - 4.3 | TP3 - 7.3
INVALIDATION : when SL level hit
Will the history repeat itself? 👇
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
XRP/USD - Downtrend may end soon. Until then stuck in channel!XRP has so far failed to reverse the downtrend and is found just above the key support.
Key Support levels: $0.75
Key Resistance level: $1
XRP had a difficult week, with the price slowly falling back towards the key support level at $0.75. While other altcoins such as Chainlink are making significant gains, XRP still struggles to find its footing. The resistance at $1 will likely not be tested any time soon considering this price action.
Technical Indicators
Trading Volume: The volume has decreased as the price went lower, showing weakness in the bearish trend. This is good news, as XRP may attempt a reversal soon.
RSI: The daily RSI has made a higher low. This also gives hope that XRP may finally return on the uptrend and attempt another break of the key resistance.
MACD: The daily MACD remains bearish, but the histogram shows a lack of conviction from the sellers. For this reason, MACD can quickly do a bullish crossover if buyers return in force.
Bias
The current XRP bias is neutral. While the price action is somewhat bearish, there is no conviction on either side to push price up or down in any significant way.
Short-Term Prediction for XRP Price
XRP may have reached the end of this correction after the sharp rejection at the $1 resistance level. The lack of volume shows this. For this reason, buyers may soon have a good opportunity soon to bring up the pace.