XRPBTC and DOGEBTC comparisonsXRP has a similar chart structure to DOGEBTC
The major similarity is that the price is range bound, meaning, price has been stuck in a limited area (squeezed) area for the majority of its existence
This 'bound' nature, builds tension as each day passes, influencing the probability of a breakout out of this range
Some things however are not similar,
As on DOGEBTC price can be seen to be consistently oscillating pumps, where XRP has limited pumps
An observation post
I am long XRP
Xrpbtclong
XRP found support at the 2020 highs of $0.8282Key Support Levels: $1.00, $0.95, $0.8282.
Key Resistance Levels: $1.05, $1.10, $1.25.
XRP found support at the 2020 highs of $0.8282 over the weekend and rebounded higher to break above $1.00. It is now struggling to close a daily candle above $1.05 (bearish .382 Fib), but the bulls are battling to remain above $1.00.
The resistance at $1.05 is starting to form an ascending triangle with the roof at $1.05. A closing candle above $1.05 (and $1.10) could set the stage for a bullish leg higher toward $1.30 (50-day MA) for XRP.
XRP-USD Short Term Price Prediction
Looking ahead, if the bulls break $1.05, the first resistance lies at $1.10 (20-day MA). This is followed by $1.25 (Feb 2018 highs), $1.30 (bearish .618 Fib & 50-day MA), and $1.52 (bearish .786 Fib).
On the other side, the first support lies at $1. This is followed by $0.95 (100-day MA), $0.8282 (Feb 2020 highs), and $0.75 (.786 Fib).
The RSI is now directly on the midline, indicating indecision within the market. For a breakout of the current ascending triangle, the RSI must break above 50 to indicate bullish momentum is returning to the market.
XRP/BTC – Bulls Battle With 20-day MA
Key Support Levels: 2660 SAT, 2400 SAT, 2260 SAT.
Key Resistance Levels: 2800 SAT, 3000 SAT, 3360 SAT.
Against BTC, XRP is now in a battle with the 20-day MA at around 2800 SAT. The coin found support at 2400 SAT over the weekend and started to rebound higher.
On Monday, XRP managed to climb above resistance at 2600 SAT (50-day MA & bearish .382 Fib), and it continued higher to 2800 SAT. Since then, it has struggled to close a daily candle above 2800 SAT.
XRP-BTC Short Term Price Prediction
Looking ahead, if the bulls break 2800 SAT, the first resistance lies at 3000 SAT (bearish .618 Fib). This is followed by 3360 SAT (Feb 2020 high), 3783 SAT (Oct 2019 highs), and 4000 SAT.
On the other side, the first support lies at 2660 SAT (50-day MA). This is followed by 2400 SAT, 2260 SAT (.786 Fib), and 2000 SAT.
The RSI is showing weak bullish momentum. To pass 2800 SAT, the RSI must rise to indicate the bullish momentum is starting to gain solid control.
XRP looking to explode in BTC value!!Xrp has pushed up once again to test this long term downtrend resistance and with a big altcoin wide push we are surely able to cut right through this resistance. Aswell Xrp has been showing incredible strength being among top performers in the markets recently even while being suppressed by the SEC. I believe the time is coming for XRP to explode i believe we will beat the SEC case and just that news alone could send XRP to the moon, aswell as every exchange relisting XRP would case a mega tsunami of FOMO. We are currently still 107% away from the 0.2 Long term FIB Level! i think XRP is a great project and crypto in general they have great technology and could be a huge benefit to the cross border payment system and banking system. All just my opinion DYOR and not financial advice!
High potencial XRPBTC - weekly Analysispotencial
Ripple-Bitcoin has formed a wedge pattern for long time in weekly time frame.
Ripple has high potencial to reach 0.0001 toward Bitcoin.
another important sign of grow is high volume at the botton of this chart, it shows "Smart Money"!
Don't forget:
1-Money managment
2-put Stop-loss
3-push like and share
Put your comment if you have any idea.
Goodluck
XRP CREATING A BUYING OPPURTINIY!Last couple days xrp goes a parabolic run and it needed to goes back and consolidate for healthier price action to the upside.
I mentioned this on my previous ideas on XRPBTC. I sold 5-6 days ago all of my holdings and was expecting this move.
Probably market selloff makes it easier this action to happen but nevertheless it was needed.
Volume was decreasing for the last couple of days and we were in highly overbought zone. I expect XRP to retrace to the 1750 sat area at most and not go any lower.
From there, we could see a W pattern on bolinger bands which means another retrace after price goes back up from 1750 area. I draw what i expect on the chart but we have to wait and see!
Price can also go directly up without making another retrace because we are in a strong bull crpyto market!
Im not expecting a sharper move to the downside other than 1750 sat area.
Lets see what happens.
Please comment on my idea. Thanks.Look at this chart. You dont even have to know anything about technical anallysis or anything. Just simply look at it. It have to go down if it is to have sustainable upward movement. You dont even have to look any indicators to know this is an overbought instrument right now.
Im not going to lie, im in love with xrp since i was fortunous enough to enter very early before the huge price movement. But i expect downward movement and maybe a some sort of consolidation period before going up again. I did sell all of my holdings couple days back and im eagerly waiting to enter again. It seems it cant make a huge upward movement before taking some time to chill but you never know when! Therefore keep an eye on xrp. It can have you win big!
Good luck and be responsible with your hard earned money!
Always watch out for opportunities but be carefull.
XRP is having a good chance to be longed 30/01/2021i believe Ripple is giving us an other chance to get along it
it seems that the market has done its accumulation Phase and currently getting itself ready for the next upraise
we have used Price action analysis in order to specify the Supply and Demand zones and Fibonacci Projection to project the next Target areas
we have specified the growth and forecasted it on the chart by Fibonacci time zone tool
please comment your opinions
XRP Currently it forms a bull flag so good chances to see second huge leg up after that consolidation is over. It can happen that everything dumps, but in this case support ~ 1200 should be strong enough to bounce price back up. So if you either enter the bull flag and suddenly plan crash just average cost your position there and reduce exposure on bounce to 1500. Let the rest grow to the moon.
Strong Move Coming for XRP/BTCGood Morning, XRP is about to make a strong move up on the BTC pair. We had a strong breakout earlier this week. The price fell with the markets but we are looking to get back on track with this pump. We have nice volume already and the MACD on the 4h is flipping bullish. XRP moves fast so we could reach the second resistance line sooner than we think. I will be watching this one close.