Its about time! I've been holding XRP since November 2017 whilst continuing to buy more along the way. Its been extremely hard to keep the faith during its very long period of capitulation. It currently forms 2/3rd of my speculative portfolio which shows my high conviction but also the fact that i am overly exposed to this crypto asset.
I've always been focused on the utility of the token with the end game being institutional adoption. Right now Ripple may have lots of partners who have signed up but i don't think that we have even seen a drop in the ocean when it comes to institutional adoption. I'm hoping that XRP goes to $17 - $18 within the next 12 - 18 months, however, why wouldn't it go to $50 000 - $500 000 per token once there has been:
Large scale institutional adoption.
Regulatory clarity in the US.
Complete deployment of all the XRP that is held in escrow.
More decentralized validators secured around the world.
lastly a household change in sentiment around XRP and its use case. Its such a hated crypto asset at the moment.
It may take another 10 - 15 years before all theses points can be addressed, however, as long as it reaches those insane numbers, it doesn't matter if it taken 2 years or 15 years.
The trading signals suggest that XRP may be overbought and in need of a healthy correction. Having studied the trading signals of different cryptos during their parabolic bull runs, these signals can become fairly useless as large amounts of capital flow into the various crypto assets. when bull runs happen in cryptos you simply buy and hold. If the crypto token corrects after a meteoric rise, don't panic. look to the end game.
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Please note that cryptocurrencies are speculative assets which carry a very high degree of risk and any speculation in such assets can result in a complete loss of capital. This idea is shared for educational purposes only and should not result in speculative decisions in any digital asset.
Xrplong
XRP is at a crucial point!!So as I already said XRP has been forming a nice bullish triangle...
Right now we can see it's about to break up or bounce down...
GREEN
If we get a closure ABOVE the resistance... we can see a price around the green area 0.8-0.9
BLUE
If it bounces back we can see it coming to lower resistance and bounce up to the area as well
RED
We might also see a breakdown to the lower support area and our long trendline...
XRP is still pretty bullish in long term!
Change my mind!
XRP demolishing the 6 month resistance?We got this long disputed crypto and its upcoming juridical courts which i personally am optimistic to the outcome.
alright, as you see the candles are rising slowly making foothold at each step, despite the usual spike moves. it says i am going to break the resistance! not gonna demonstrate long-term big targets but i expect this pattern to happen before 2022 or early 2022 ... the final target could be 4.3$ with spikes to 5.2$ . i dont believe in assuming stoploss for cryptos but anyway it can be 0.478 for some investors.
2.7-3.3$ is a bit rough resistance zone but it'll kneel.
depending on court results , this can happen sharply or slowly, and again the targets may be updated after reaching the current ones.
btw watchout for confirmation of breaking out from top channel. or we wanna fix upon 0.7$
XRP-Bull 3x Token - PoloniexStrategy works with respecting Fibonaccis and EMAs on different timeframes.
Blue arrow is preferred way, can make grey arrow way aswell.
up we go
This is no trading advice, just my own opinion.
3x Long Token is tradable on Poloniex:
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XRP is super bullish??So XRP has been making this bug bullish triangle here.
Ripple is also respecting Fib retracement and right now this resistance line is 0.78 which means... if we break this resistance at .65 we could see huge movement up to the resistance of the triangle...
Will enough volume, we could see XRP fly through the triangle and we could see the price at 0.8-0.9
If it gets rejected at the resistance we could see a breakdown and later a bounce back from the double resistance.
These are 4 scenarios that could happen...
The red one is the most pessimistic and least realistic in my opinion...
In long term, I am still super bullish on XRP and hopefully, we could see the price at 1 Dollar soon.
XRP/USDT two Targets has been achieved within hours#XRP/USDT Profit Update:-
$XRP currently trading at $0.57
And
Entry was $0.55 ✅
TP1:- $0.564 ✅
TP2:- $0.5712 ✅
Book profit partially.
Congrats guys.
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XRP/USDT Scalping Long trade for short term#XRP/USDT TA Update:-
$XRP looking good again.
Trading at support level.
Entry:- $0.55-$0.56
TP1:- $0.564
TP2:- $0.5712
TP3:- $0.584
SL:- $0.553
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XRP/USDT both Targets achieved within few hours#XRPUSDT Profit Update:-
$XRP currently trading at $0.5999
And our all Targets has been achieved.
Entry:- $0.55 ✅
TP1:- $5615 ✅
TP2:- $5715 ✅
TP3: $0.59 ✅
Why we won..?
Because we change our stop loss.
I am closing my position and booked profit.
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XRP/USDT 2 Hour chart In this idea we are seeing Bitcoin's pullback create what I would consider to be natural movement in the pattern of XRP.
My outlook on this is bullish following a small projected retrace being possible to $.40 then we should move up to break out the upper side of the triangle we are currently within.
I know there is a lot of concern about the SEC hearings, but I figure this will all be worked out and XRP should be relisted adding to momentum of its climb. $1.50 should be reached very soon.
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XRP road to $10 #XRP/USDT currently trading at $0.56
If you are long term holder then you can buy some $XRP.
Entry:- $0.5-$0.56
Targets:- $0.61/$1.03
once we break and close daily candle above 61 cents we can say that road to $10 started
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Xrp to the moon? 🚀Hello Traders , Hope you are having a wonderful weekend 🙌 .
Today I want to share my thoughts on XRP. As you can see, XRP is in the accumulation and price is moving in a triangle ( blue lines ) but to which
side? UP or DOWN ?
In my opinion, we are hearing some good news about ripple`s court and also exchanges are likely to relist XRP again so sounds like it is going to break the triangle upward and see a good bullish move from XRP. If this scenario happens, we are going to see 0.75$-0.80$ at least.
There are 2 strong resistance in front of XRP :
A ) 0.75$-0.80$ ( purple range ) is a strong resistance area + B) The long term yellow descending line ( around 0.70$ )
So overall, 0.70$-0.80$ area is the biggest resistance in front of XRP which in my opinion, by relisting XRP again in big exchanges, this resistance is going to
get powdered and God knows where is XRP going to? 🚀😎
🚩 Always remember to put stop loss for your orders in order to reduce the risk of your trades.
🚩 Always keep an eye on BTC chart as well because it can affect the movement of altcoins as you all know my dear traders.
If you want to check out my other analysis , I have linked them below and also don`t forget to follow me for further updates and new analysis.
Thank you guys for reading my idea on XRP. ✌
XRP BULLISH LONG 20X BTCAfter the XRP case is concluded well, the stock exchanges that delist XRP will open XRP to buy and sell options.
While BTC is $ 20K, XRP at the level of $ 3 should be a minimum of $ 6.
After the next altcoin rally and the result of the lawsuit, I expect 20x return in dollar terms.
XRP possible sleeping giantXRP has had quite some trouble lately, partially due to the SEC classifying XRP as a security. Though yesterday came out the news that the SEC is doubtful about its verdict. This might have been a set-up or a divergence to deliberately keep XRP on the background and setting up some hedge funds and futures to shoot big money in the pool when the time is ripe.
Technically older chart patterns as Bitcoin itself with all the older beartrends and bottoming out, it has always done a very elongated inverted H&S. As XRP has touched already 3 times in a row the price level of 0.8 usd and got rejected I am quite sure the 4th time will be a go. There's also a comparison with previous bullrun where XRP hesitated for a moment and had a revisit to a certain price level as well before shooting up.
I can not guarantee this bullrun, but it is technically possible and I might not be surprised of the suprises Ripple has in for us. Btw, XRP has always been a late bloomer, but when it comes, there is no holding. Many people have lost hope in this coin or are totally against the fundamentals as it is a banking coin, well they have literally the most practical use cases and hundreds of contracts. Many Asian banks have been using xrp in test phases and for cheap transfer already. But there might be a next step where institutions might want to hold on those tokens as assets.
Also we know that xrp is xrapid and not xcurrent, which is the coin practically used for banking, but the success of the company is related in its tokens as well.
3 years ago there has been specualtions and predictions of a price point of 7, 10 and even 14 usd.
Think about it.