If the wedge works out, we could see another 281% rise We had a wedge forming in February through to March after which it broke out by 281%. The current wedge has been forming for just shy of a month now. I think we will see further downside before we see the next meaningful rise in the price of XRP.
Trading Signals
The trading signals suggest that XRP could fall to around $1.47 before it completes the wedge pattern.
This whole ripple/SEC case is really testing my patience. Doge is spiking without a use case and little old XRP is desperately looking for regulatory certainty before it can have any meaningful mass adoption by financial institutions.
Hold the faith. We've come this far, give yourself the change to go further.
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Xrplong
Long Term XRP/BTC Possible Bullish ProjectionIf the scenario plays out where the SEC case is dismissed, XRP is re-listed on many exchanges that de-listed it (such as Coinbase), and XRP manages to gain additional uses and/or partnerships yet to be announced. If these things do not occur, this price action is unlikely. If the SEC case is lost or XRP does not regain access to many lost platforms, then it is even more unlikely. It is the most bullish scenario and is certainly NOT guaranteed. I am charting this as a projection for my own journaling and education. This is not financial advice and I am not a financial advisor. I do not like XRP as a project, but the crowd mentality around it is significant and cannot be ignored imho.
XRP, BTC declines in dominance, ALTS to moon? Pair: XRP/USDT
Type: Regular OR leveraged. If you will use leverage, use it with caution. We will use 3x as example as a benchmark for leverage traders.
Suggested buy-in: Under $1.49
Suggested Stop loss: $1.39, right under the white line representing support.
Suggested targets: $1.59 - $1.69 - $1.79
Ripple XRP Bullish ScenarioThings to Note:
1. Market Structure Intact - Printing HH and HL
2. Currently trading above Highest Weekly close level
3. Price is consolidating in a narrow range
4. BO from the channel can lead to a test of 1.80 region
P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk
XRP back to ATH in the next three weeks?Last time XRP broke above a long term resistance line ($0.63) the move was roughly 238%, there were three resting periods on the way up (dotted line wedges) and it ran out of steam on the third. A similar move here would bring XRP back to all time high. I have added a wedge to show the area which could prove to be the end of the run, in the short-term at least.
Very unlikely this will play out exactly this way but I hope you find this of interest none the less.
XRP Short Term Bullish Targets!!I have plotted a very strong symmetrical fib level where price is currently flirting with the symmetry line at $1.577.
As long as price can stay above that level, expect price to move back up to $1.657. Expect a reaction at this price. Sellers will step in but then a further push to complete the series at $1.759 can result in a pullback before further upside.
For now, keep your eyes on price staying above 1.577 to validate this idea.
RIPPLE : WELL RECOVEREDGreeting from IRAN to whole trading community
Ripple has made a new ATH in 14th April
After that it started a downtrend and lost 2 major support levels (1.5$ & 1.2&)
After about 10 BEARISH days Ripple started a new uptrend and has broken its major downtrend (Red Dotted Line)
Then price has broken 2 major resistance levels and maintain above 1.5$
The time for Ripple has come let see if Ripple could rise higher than 2$ or not?
OP : 1.55$
TP : 1.9$
SL : 1.39$
RoR : 2.2
KEEP IT SIMPLE :)
Ripple Good opportunity to go longRipple is shapping up nicely to reach previous ATH at the 3.3 area.
Price rejeted a few days ago the Daily 50EMA and the 0.681 fibonacci retracement, then we saw a proper impulse up and a pennant correction which has just been broken out with a lot of momentum. This means an intraday trend change has happened and price is now creating higher highs and higher lows.
Very simple but clean analysis on this one
what the future really holds for xrpchannels dont lie, if you look at any major pair they all follow them to a tea on large time frames.This situation is no different for XRP. only the strongest will withstand and they will reap the most rewards. every time we have an abc wave up, and if it follows same percent as last time, we will be at around $169 the top of the bull cycle, which "coincidentally" is the top trend line as well. All i am doing is showing what the chart says.
RIPPLE (XRPUSD) LONG $1.9 Quick analysis on RIPPLE (XRPUSD) using both wave theory, Fibonacci analysis :
Wave theory Analysis:
1) XRP had a nice IMPULSE run-up from Apr 4th to Apr 13th going from $0.58 to $1.96 as shown in my 5 point wave in the diagram above
2) After a good impulse phase comes the CORRECTION phase, markets usually stay two-thirds of the time in a correction phase
3) Looks like the correction is a ZIG-ZAG correction look at my wave A-B-C where Wave A touched FIB 61.8% and Wave B is a symmetrical triangle with a nice (3-3-3-3-3) pattern
4) Corrective wave C came down to FIB 78.6% i.e. $0.9
5) The next 5 series impulse wave started as indicated in blue wave line, it also broke the downward channel at $1.1 and started to climb up to $1.4 and hit resistance
6) I believe waves 1,2,3 are done and the resistance is hit at $1.4
6) Once this resistance is made as support and UPON confirmation it's going to go on the next impulse wave 5 to $1.9 target price
Summary :
-------------
1) Looks like the bulls/buyers took control
2) Resistance level in the yellow box is being tested at present
3) Upon confirmation, the resistance is turned into support and goes up in the next impulse leg to the price target
Happy trading, feedback is always appreciated
XRP ARMY ARRIVING TO DESTROY CRYPTOHello,
Well, i anticipated it earlier when xrp went crash on sec case,
me and my members accumulated on 0.90 on a recent dump and also my premium members accumulated xrp at 0.20 when it went crashed.
Opportunity comes to those who respect opportunities, they don't wait on your door steps for you that so you can take them obviously they have self-respect too :D
well, I didn't wanted to post my setup on xrp to the public but let plebs storm this as well we need you!
30th April the last hearing of XRP Case, tables gonna turn upside down.
Once 21 Weekly ema touched boom !!! you will never ever gonna see xrp below 10$
Cheers.