XRPEUR
Understanding When XRP Will MOON - Part 3 MartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space. The Bull market is here
Even tho the bull market is here XRP has not mooned yet . The ALTCOIN market has just hit a critical level , when this happens XRP can start its move higher . This needs to be watched carefully.
XRP To The MOON
Please watch the video for more information
XRP - When To Buy MartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space. The Bull market is here
Even tho the bull market is here XRP has not mooned yet . The ALTCOIN market has just hit a critical level , when this happens XRP can start its move higher . This needs to be watched carefully. In this video I talk about when it looks good to buy XRP for bull market.
XRP To The MOON
Please watch the video for more information
Understanding When XRP Will MOON- Part 2 MartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space. The Bull market is here
Even tho the bull market is here XRP has not mooned yet . The ALTCOIN market has just hit a critical level , when this happens XRP can start its move higher . This needs to be watched carefully.
XRP To The MOON
Please watch the video for more information
XRP still under 3d average as DXY continues breakout apologies again for sound issues at beginning
We can see clearly the inverse relationship between DXY and XRP
If DXY fails this breakout continuation and instead reverses (failed moves can fail fast).. then XRP can explode up from this 3d 200 average. However, as data is currently showing, there is a lot of downwards pressure being put on XRP and crypto coming into end of September
October has historically been a weak month
Its no surprise that downward pressure is the data showing coming into end of September. It is not uncommon tho for relief to be found in October start of last quarter before start of a new year.
Keep an eye on DXY and US Yields for sign of reversal in order to gain confidence in crypto
If US yields continue to rise then it will mount pressure on other weaker currencies and likely lead to a continuation in price of USD. As weve seen that price increase in USD will likely result in devaluation of crypto assets. Must keep an eye on new data as it comes out to be up to date with outlook.
🔝XRP +200%💥What Is XRP?
XRP is a digital asset built for payments. It is the native digital asset on the XRP Ledger—an open-source, permissionless and decentralized blockchain technology that can settle transactions in 3-5 seconds.
XRP can be sent directly without needing a central intermediary, making it a convenient instrument in bridging two different currencies quickly and efficiently.
How Is XRP Used?
Faster, less costly and more scalable than any other digital asset, XRP and the XRP Ledger are used to power innovative technology across the payments space.
Ripple is focused on building technology to help unleash new utility for XRP and transform global payments. Third parties are also pursuing other XRP-related use cases.
XRPEUR 'D' - 15-20% Gain Incoming.Just like our prediction with XRPCAD - we foresee a strong and reasonably quick move to the upside with XRP. Crypto Tipster v2 is showing Longs across the board with XRP currently so now is the time to grab what could be an easy 15% over the course of a week or two!
Trending in this slightly upward channel for quite some time, breaking out to test resistance before dropping back in line just one time; and with a closing resistance level drawing ever-closer, now looks like a good time to break upward and test resistance once more - no need to break through, we've got our profits simply by touching that descending line!
Ripple - Major updateOn 8th September 2022, when the XRPUSD was trending sideways, we introduced a setup with two alternative scenarios. Since then, the price broke to the upside from a trading range and rose by more than 40%. Meanwhile, right at the beginning of the rally, we stated that it was predestined to fail over time and that no reversal of the primary trend was taking place.
We repeated this same statement several times over the past month and a half while we continued to outline multiple bearish developments on the chart of XRPUSD. Furthermore, we kept our medium-term price target at 0.30 USD and long-term one at 0.28 USD. We reasoned that the FED's pursuit of tighter economic conditions would let the reality sink in over time.
Now, it is finally time for us to update our price targets on the timeline. In accordance with that, we would like to set a medium-term price target to a short-term price target. Additionally, we would like to change our long-term price target to a medium-term price target.
Illustration 1.01
Illustration 1.01 shows several technical developments on the daily chart of XRPUSD. The declining volume supports our bearish thesis, and the same applies to today's pick-up in volume. Furthermore, we expect the crossover between the 20-day SMA and 50-day SMA to occur, further confirming our thesis.
Technical analysis - daily time frame
RSI and Stochastic are bearish. MACD is due to break below 0 points which will be bearish for the short term if it succeeds. DM+ and DM- are bearish. Overall, the daily time frame is bearish.
Illustration 1.02
We will closely watch support levels at 0.44312 USD and 0.42542 USD. A breakout below each of these levels will confirm our bearish thesis for the short term. Contrarily, a breakout above the short-term resistance will be bullish.
Technical analysis - weekly time frame
RSI is slightly bearish. Stochastic also turned bearish. MACD shows signs of exhaustion. DM+ and DM- are bullish. Overall, the weekly time frame is neutral.
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.
Ripple - Dreams and hopes about to get crushed! In our previous posts on the Ripple cryptocurrency, we pointed out the bullish breakout from the symmetrical triangle and signs of exhaustion accompanying this price action. In addition to that, we outlined a part of the legal case between the SEC and Ripple Labs, Inc., debunked a myth about the market-cap capabilities, and described an ongoing behavior in the Ripple community as merely a “buy the rumor, sell the fact” behavior.
Today, again, we would like to hint at several worrying developments about XRPUSD. First, volume continues to hover around monthly lows, reflecting little to no interest among new investors willing to propel the price higher. Furthermore, the risk appetite in the overall market continues to decline with the prospect of higher interest rates and progressing recession.
However, that does not seem to concern many market participants predicting the bottom and chasing the market with the vision of huge profits. Unfortunately, in our opinion, that is all it is - a vision of huge profits without regard for any macroeconomic factors. Indeed, we believe those on the buying spree over the past weeks will feed the ultimate selloff later as the general market progresses deeper into recession.
In accordance with that, we have no reason to change our bearish bias toward Ripple and stick to our price targets at 0.30 USD and 0.28 USD. Our other reasons for that are described below and in the attached articles.
Illustration 1.01
Illustration 1.01 shows the daily chart of XRPUSD. Yellow arrows hint at the latest technical developments. The price retracement toward the 20-day SMA catches our attention as it might potentially foreshadow a failure of the trend to continue. Therefore, we will pay close attention to the price action. If the price holds above the 20-day SMA, it will be bullish. However, if the price fails to hold above this level, it will be very bearish for XRPUSD. Therefore, to confirm our bearish thesis, we would like to see a pick-up in volume accompanying a drop in the price.
Technical analysis - daily time frame
RSI reversed. MACD turned bearish. The same applies to Stochastic. DM+ and DM- are bullish. Overall, the daily time frame reflects the loss of bullish momentum.
Technical analysis - weekly time frame
RSI turned neutral. MACD and Stochastic point to the upside. DM+ and DM- are bullish. Overall, the weekly time frame is slightly bullish/neutral.
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.
XRP breakoutPlease 1st of all click the boost 🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free.
Ripple broke the (red) major downtrendline (click the idea below to see it the whole downtrendline)
...and then consolidated in form of triangle. Recently it broke up out of this triangle📐 and I think there is chance for run to 0.6330 and even higher. Setting BUY LIMIT order to previous range high to catch🎣 the pullback.
ENTRY : local high @ 0.5063
STOPLOSS (SL) : local low @ 0.4800
TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY LIMIT - STOPLOSS) @ 0.6330
REWARD RISK RATIO (RRR) : 4.8
INVALIDATION : when SL level hit
Check my other stuff in related ideas.
Please boost🚀, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Ripple - We warned but nobody listenedIn our last idea on Ripple, we warned about the inevitable end of the rally and a return to reality. Indeed, even before that, we dismissed why it would not be possible for Ripple to reach sky-high valuations like 100 USD or 1 000 USD, which many market participants seem to be forecasting.
Despite that, however, our view has not changed much. We remain bearish on XRPUSD and think it will go back to its 2022 lows over time. Accordingly, we maintain our price targets of 0.30 USD and 0.28 USD.
Illustration 1.01
Illustration 1.01 shows the weekly chart of XRPUSD and two yellow rays. The bullish breakout above the second ray took place; to confirm our bearish thesis, we would like to see the price break back below the Ray 2 and hold there.
Technical analysis - daily time frame
RSI turned bearish. Stochastic is also bearish. MACD is neutral. DM+ and DM- are bullish. Overall, the daily time frame is turning bearish.
Illustration 1.02
The picture above shows the daily chart of XRPUSD within the wide range. We previously outlined that the breakout above the range would be bullish; however, once it occurred, we said we would pay close attention to volume. Subsequently, volume was declining while the price was rising, leading us to speculate about the potential top.
Technical analysis - weekly time frame
RSI is bearish. MACD points to the upside but stays in the bearish area. Stochastic points to the upside. DM+ and DM- are bullish. Overall, the weekly time frame is still slightly bullish.
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.
XRPUSD - Loss of ≈90% from ATHAs for the rest of the cryptocurrency market, we are relatively bearish on XRP. Our view is based on several technical and fundamental factors. Technical factors are described lower in the text.
Meanwhile, fundamental factors include a strengthening dollar due to the FED's rising interest rates (which are likely to increase again during the current week), economic tightening, and a slowing global economy. These factors weigh on the stock market to which risk assets like cryptocurrencies are correlated. Therefore, we foresee weakness for both of these asset classes in the medium-term and long-term.
As a result, we think the current rally in the cryptocurrency market represents just a temporary relief before more selling takes over.
Illustration 1.01
Illustration 1.01 shows the hourly chart of XRPUSD. It also shows two trendlines. Trendline 1 connects peaks from 20th July 2022 and 22nd July 2022; this trendline acts as the short-term resistance. Trendline 2 is parallel to Trendline 1; it acts as short-term support.
Technical analysis - daily time frame
RSI and Stochastic are bearish. MACD is neutral. DM+ and DM- are due to perform bearish crossover, which will further bolster the bearish case for XRP. Overall, the daily time frame is bearish.
Illustration 1.02
Since April 2021, the Ripple cryptocurrency lost over 80% of its market cap.
Technical analysis - weekly time frame
RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the weekly time frame is 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.
XRP vs BTC - Massive Upside Potential on the BreakoutXRPBTC is testing a long-term resistance trend going back to its January 2018 high. Getting past resistance here would most likely lead to a very high volume breakout. Its daily RSI is currently at 70 which is very bullish territory. As long as BTC can find support here, we should see fireworks. Failure to breakout might mean XRP will revisit the bottom of the blue falling wedge before retesting resistance again. I'm buying the breakout.
A macro view of the XRPUSD chart - WeeklyWith the lawsuit about to finish in the next few months or potentially see a settlement, here is my idea on where the price of XRP will go to.
On the weekly chart we are currently in a very tight spot where the price is coiling up for a big move to the upside. The MACD on the same time frame has also made a bullish cross and despite the recent retracement of the price that signal suggests a strong buy. I am also expecting to see the price of XRPUSD decouple from what both BTC and ETH are doing after the initial period after the lawsuit win against the SEC. The win will also trigger a bullish rally on all the alt coins too as that will be seen as a greenlight to all the markets. It is possible that even BTC will benefit from this positive outcome.
My first immediate targets are $1.30 and $1.76 in the next 4-6 weeks. If a settlement will be reached and Ripple and XRP will have the regulatory clarity in the US, then I will expect to see the price surpassing the previous all time high and go towards the $6 - $7 area. After that I will expect an initial pull back to the previous ATH $3.80 - $4.00 and then another leg up to $11 - $13 for this cycle.
For the BTC price to move substantial higher, we will need to see an approval of a spot ETF in the US or another country or countries to declare it as legal tender.
Good luck!
Understanding When XRP Will MOON MartyBoots here. I have been trading for 16 years and I am here to share my ideas with you to help the Crypto space.
Bitcoin Is trying to have a BIG move soon and we in CryptoCheck intend to be prepared for it $$$$$$
Understanding XEP chart is very important for the next bull market
DO NOT BE LEFT BEHIND
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XRP triangle breakout 2 📐 Ripple is trying to break up this triangle 📐 and if successful I think there is chance for run to 1.03 and even higher.
ENTRY : local high @ 0.7693
STOPLOSS (SL) : local low @ 0.7033
TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 1.03
REWARD RISK RATIO (RRR) : 3.9
INVALIDATION : when SL level hit
Check my other stuff in related ideas.
Please like👍, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Short Vision on XRP EUR for 07/02/2022Hello Dear Traders,
You find below my analysis for XRP/EUR, this pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame XRP/EUR will fall to 0.64 as I am showing in my chart. Our Daily Goal is 0.62.
Currently, XRP/EUR is moving towards the resistance level of 0.69 ,where there is some liquidity from this value we are looking for short-term selling opportunities of XRP/EUR.
Good Luck and enjoy your Bearish Market for today.
Entry:@0.68
TP1: 0.66
TP2: 0.64
TP3: 0.62
SL 0.72
As mentioned on previous posting, we oscillate daily with the market based on Human Behavior and Sentiment.
Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!
XRP - Bullish Pennant on the Daily, Don't Miss This Rocket Ship!This is a very simple chart. XRP has been flagging since its high in May. A nice 7 months of consolidation before the next move up. The daily MACD is showing a bullish cross over the signal line. It looks like all systems are a go once this breaks out. And when XRP takes off, you will want to be on this flight. I have already boarded and strapped myself in ;) However, keep in mind that BTC finds itself in a precarious position sub-$48k. Make sure you have an exit plan in case BTC decides to ruin the party.