XRPBTC
XRP Sell into a rally.Ripple - Intraday - We look to Sell at 0.878 (stop at 0.901)
Daily signals are bearish.
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
20 1day EMA is at 0.880.
Preferred trade is to sell into rallies.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Our profit targets will be 0.811 and 0.791
Resistance: 0.840 / 0.860 / 0.880
Support: 0.820 / 0.805 / 0.785
XRP, what are the preconditions for growth?The XRP chart has a very good picture on the technical analysis side.
Preconditions for growth:
- accumulation.
- squeezing near the trend line
- a fake breakout of the trend line
- liquidity collection
- volume appeared at the bottom
- bitcoin is in consolidation
In case of a false breakout there could be a good buying opportunity.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
XRPUSD 2300 % gains in 2022XRPUSD currently in a reaccumulation zone.
Make a note that it´s a weekly chart and it may take some time for the price to visit our buy zone. Patience is a key.
We expect XRP to go parabolic in Q3 or Q4 2022.
Long term target over 10 $ .
What may push the price so high? Coinbase relisting or winning against SEC. Catalyst will come and the price will surge.
Drop a comment and let us know what you think
No financial advice
XRP 2022 APRIL BREAKOUT POSSIBLE!- As you can see the money miner has called out a BUY on the 1 day time frame, I think if the case is over Q1 then we could see a breakout in April this year and XRP could go parabolic to around $15 around May!!
- NOT FINANCIAL ADVICE!
- This is what could possibly happen as there is so much suppression with RIPPLE, XRP is a ticking time bomb!!!!
XRP a quiet trend and a gradual return to the topXRP has had a very difficult time, the large loss of value and the negative influence from BTC have had a huge impact on the chart. The near term could be different as the behavior of BTC has a big impact on other cryptocurrencies, but if there is no impact, XRP should gradually rise
I expect a re-testing of the $ 0.70 rangeOn a weekly timeframe, the trend is negative, and the roof and floor are being built lower. I expect a re-testing of the $ 0.70 range. If it tests this support, be sure to enter for the medium term. If it can break the range of $ 1 to $ 1.6, the upward trend will be, and you can re-enter.
XRP LONG TERM TA WITH MASS ADOPTION!- As you can see XRP has been supressed for 1,400 + days now, it still has not broken its ATH!
- It was the number one crypto in the previous BULLRUN!
- Its clear the SEC are just taking the piss, they have let ETH with a free pass even though they also had ICO's (INITIAL COIN OFFERING)
- The price would have been at around $5-15 easily if the SEC didn't stick their leg into the project!!!
- But its clear XRP will bridge CBDS's so long term we will see a 3 DIGIT XRP!!
- I am not so sure about 4-5 digits that could take some time, remember RIPPLE did say we will first take over the remittance market which I believed they said was around $150 TRILLION and only then they said they will focus on other avenues!!
XRP WILL BREAKOUT IN 2022!!!- As you can see every time XRP gets into a descending triangle there has historically always been an upside!
- The first pump in 2017 it did roughly a 6,000% move to the upside! If it was to do something like that we could see XRP at around $40-50 a coin!
- The second move closer to December 2017 it did roughly another move to the upside of around 1,200% which could take the XRP price to around $10-15 a coin!
We should be ready for a breakout between February and May 2022!!
THE RISE OR FALL OF XRPHello Traders,
As you can see price looks to be forming a symmetrical triangle inside a much bigger triangle. A symmetrical triangle can break both ways.
A break to the upside is the rise of XRP and should create a new HH.
A break to the downside is the fall of XRP and will break a major support trend line.
But XRP is in a year long lawsuit!XRP has been in a bullish divergence (RSI) trend against Bitcoin since May of 2019. Even the SEC lawsuit of Dec 18th of 2020 did not break this trend. If anything it has made it more noticeable and stronger.
Heading into 2022 XRP looks to be very bullish against Bitcoin. So it looks like all time highs are only a matter of time away.
Altcoins are looking very strong going into 2022 and XRP is defiantly one of them especially due to the divergence and the fact XRP has not hit all time highs yet.
To me the bullish divergence shows belief by at the least seasoned crypto holders.
Not Financial advice.
Thanks for taking a peak. Leave a comment and me know where you stand.
Kind regards
Let's look at XRPHere's a quick look at XRP 3 day chart. As we can see, the price has printed a bigger symmetrical triangle. The price action has been pretty boring for the past many weeks with decreasing volume. Decreasing volume indicates a bigger move to come soon. The price will probably revisit previous ATH when it breaks to the upside. Definitely one to keep an eye on.
The best entry would be, when the price breaks above the symmetrical triangle with good amount of volume .
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The idea is: Buy when the price breaks above the symmetrical triangle and take profits at the levels shown in the chart.
Targets:
1. 1.2$
2. 1.4$
3. 1.8$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure.
3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!