XRPEUR
huge symmetrical triangle
I'm just learning and observing... comming up to 4 months of pattern recognision learnng, so it goes without saying I'M NOT A FINANCIAL ADVISOR
So to me this looks like a huge triangle pattern, meaning we could see a new alltime high with this setup the momentum could be big enough to breach 2 USD mark and even higher than 2 EUR mark.
But I would keep a werry close eye to the news since at this moment good and bad news with the lawsuit and all that could break the support/ressistance
If I'm not seeing things right please tell me ;)
TLDR : triangle pattern- possible scenarios: UP to 2 EUR, DOWN to 0.5 EUR. the result could be seen in 10-15 days if everything is quiet
Alright have a nice day!
XRPMCAP Up SchemeThis bars pattern pasted is of course very speculative and based on the previous bull run
Assuming the same rate of growth within a bull market this Fib channel may hold
A minor trend has developed within the recent bull move in which I have sketched a parallel channel upward
I hodl XRP
A macro view of the XRPUSD chart - MonthlyHi all,
I have not updated any of my ideas on XRPUSD as everything is still moving according to plan. However, I do have an update on the price targets I am seeing for this cycle as more data is now available. I believe that once the price will push beyond $2 the ATH will be reach very quick and then surpassed. The minimum targets I am seeing atm would be the $11 -$13 where the top of the Fibonacci extension are based on the previous bull cycle. I will not dismiss a blow-off top where the price can go further up from those levels but do tread carefully if those zones are breached too as there will be a high risk of reversal. My current view is that we are in the middle of wave three of five and according to my calculations that could top over the current ATH. With both the RSI and the MACD having plenty of room to the upside I very bullish on this chart.
As always, this is not investment advice but my view on what the chart is showing at this moment. Good luck and make sure you have an exit plan in place and take profits along the way.
XRPUSD (Ripple) - 2021 Bull-Run, All time Highs within 1 Month?!I just want to highlight my view on XRPUSD (Ripple)! (Not a setup)
We had a lot of fundamental price manipulation over the past two months including the
current S.E.C Lawsuit and other news.
Many private investors got shaken out and panic-sold their XRP Holdings.
I am a Technical Trader but Fundamentals align perfectly right now and
everything looks like we at least repeat 2017 bull run...
We had a closure above 61.8 Fib for the first time repeating
the same pattern with an insane price action.
let us know what you think in the comment section..
Alan
XRP army long term target 30 $Well, the law suit case is over and like you're witnessing we see a lot of confirmations.
One thing I know for sure, that people tend to buy cheap coins than expensive one's and because of that the army of XRP is very strong and it will be too in the future.
short term price target 6.2 dollar and long term hodlers 30 dollar.
What are your opinions ?
Hit a like button and share your comment about long term price targets.
Peace.