XRPLONGTERM
XRP Has a Gigantic Symmetrical Triangle in Monthly ChartIn this chart, XRP is consolidating in a triangle.
All important support and resistence zones also added to the chart by Fib ext.
I believe that if XRP could reach 0.75 $ again, the next target should be 1 $.
Remember that it's a monthly chart so, it'd take some time to get there.
Every important zones in the chart, use it well.
Is it time???Just wanted to point out that the length of this huge convergence point in Xrp's chart has gone on much much longer than anticipated. If you take a look at the all time high and extend that to the next extreme high that Xrp had. We're talking from December 2017 (bullrun) to April 2021 (highest price). If we extend that timeframe from the April 2021 date all the way to now leading up to the present end date of September 2024, we'll have doubled that timeframe from all time high to most recent high.
I'm expecting big things for 2024, and we're only just getting started!
Xrp still trending on pullbacks!Clearly Xrp is replicating what happened in 2017 before it's first major bullrun to $3+. We should take note that more than 8000 Xrp are still burned on a daily basis and ever increasing. This has minimal effect on the price yet we still see these frequent trendlines to the upside on these pullback wicks. They can't be sold forever and the sellers will eventually get rekt.
From the previous 2017 bullrun we saw Xrp hit 0.0030 and so I believe Xrp won't go below 0.30 cents. Lowest possible before prices start moving back towards all time highs.
XRP Price Eyes $0.70 TargetCRYPTOCAP:XRP , the digital asset associated with Ripple, has recently witnessed a significant uptrend, reaching a new 2024 high of $0.65. Amidst this surge, developments in the ongoing SEC v. Ripple lawsuit have added complexity to CRYPTOCAP:XRP 's price dynamics.
Ripple's Influence on XRP Price:
Attorney Bill Morgan, a Ripple proponent, suggests that Ripple's influence on CRYPTOCAP:XRP 's price may gradually diminish as the payment remittance firm's holdings decrease. Ripple's strategic move to lock nearly 55% of CRYPTOCAP:XRP supply in escrow aims to enhance predictability and reduce volatility in the market. This development could potentially mitigate negative impacts on CRYPTOCAP:XRP 's price, fostering stability and investor confidence in the altcoin.
Technical Analysis and Price Outlook:
CRYPTOCAP:XRP 's price momentum remains bullish, with the altcoin surging towards its December 2023 peak of $0.70. Technical indicator, including the Moving Average Convergence Divergence (MACD), support CRYPTOCAP:XRP 's recent gains and reinforce the bullish thesis for the altcoin. To sustain its upward trajectory, CRYPTOCAP:XRP must surpass resistance at $0.6501 and establish it as a support level. Additionally, the altcoin could find support at the 78.6% Fibonacci retracement level of $0.6148 in the event of a price decline.
Legal Developments and Market Sentiment:
The ongoing SEC v. Ripple lawsuit continues to influence market sentiment and investor confidence in XRP. As legal proceedings unfold, clarity on XRP's regulatory status could potentially alleviate concerns and pave the way for broader adoption and investment. However, uncertainties surrounding the lawsuit remain, underscoring the importance of monitoring legal developments and their impact on CRYPTOCAP:XRP 's price dynamics.
Conclusion:
CRYPTOCAP:XRP 's recent surge to new highs reflects both positive market sentiment and strategic developments by Ripple to enhance the altcoin's stability and predictability. While legal uncertainties persist, XRP's resilience and bullish momentum position it as a formidable player in the cryptocurrency landscape. As investors navigate the evolving regulatory landscape and market dynamics, XRP's trajectory will continue to be shaped by legal developments, technical indicators, and broader market trends. Amidst this dynamic environment, staying informed and vigilant is crucial for assessing XRP's potential and navigating opportunities in the crypto market.
60 days forecasting result...60 days has passed and this is where we're at currently. Seems to be right on schedule still.
For the up and coming next 23 days we are expecting more price action to the downside as per our prediction drawn up on September 29th. We are expecting prices to touch 53 cents.
Leading straight into Christmas our forecasts show a positive return to approximate 0.57 cents. A possibly good trade off between now & Christmas time for the bears.
Happy trading and/or DCA potentiality 😃
Amateurs STILL calling 0.22 cent XRP!!Duurrr... the beginners are STILL calling dumbass prices like 0.22 cents! There's a 10 year + wall and we ain't gonna break that! It just not gonna happen so cut it out ya amateurs. Xrp is going to break upwards and retest the ALL TIME HIGH. We don't need stupid calls anymore. Xrp is also at a burnrate over 10,000 Xrp a day. Last year it was 5000 Xrp burn a day. It's doubled and only ever increasing.
Deadline January 1st!! 🚀🚀🚀Xrp's longterm upwards trendline and the line beginning from the top of Xrp's all time high price converges in May 2024. Although we may see a new bullrun occur anywhere from January 1st to April. Much earlier than the converged lines show because people will be anticipating a bullrun. Not to mention other cryptocurrencies will likely be first movers.
We'll see Xrp at minimum 0.55 cents in January so don't listen to idiots calling for 0.20 cents.. they're retarded.
Super bullish for the next 8 months! A new all time high is coming in less than a year! 🥳
For the haters :) Here's a bit of speculation for the haters, but numerous times Xrp has been claimed to be designed to work at 10k an Xrp. I just thought it'd be interesting to put it in perspective of a possible way in which it could get there logscale-wise.
And yes.. this is most definitely speculative, not 'actual' targets because there's just not enough information like Bitcoin to work out exactly what targets are going to be hit from 32 years in advance. Although if Xrp is to get to 10k.. a possible year could potentially be 2055 according to my chart. Lot's to look forward to :D
Where's all the haters at?? Haha!!! $$$
A possible perspective of where we're atI know that no one wants to see a longer timeframe with Xrp.. but if we're going longer than expected, this is my long term (what I'm seeing) chart that could most definitely play out.
I was painstakingly looking at each section if this is a repeat of what we've already seen before the prior bullrun and this is what I've come up with.
Agree or not agree.. it's simply a different perspective for a longer timeframe.
If you think otherwise please leave a comment on what you think! Regards!
Ready for takeoff! 🚀Really bad TA these days everyone trying to call for lower lows when Xrp has runout of room towards the downside. We won't be staying under 0.37 cents anymore so it has to push higher. This is the end of the bottoms so expect high prices in the coming months.
We are not going to 0.20 cents, we're not going to 0.15 cents, we're not going to 0.10 cents 🙄 😑
Heck.. we're not even going back to 0.30 cents. You missed your chance if you were waiting for those prices again.
Get ready for price action to the upside! 🎬
9900% 6 year gains minimum!As in my previously given chart, Xrp originally wicked down to 0.0030 before breaking out to all time highs. Currently Xrp had a wick down to 0.30 cents in January this year 2023 mimicking what happened before the breakout bullrun 2017. This is a 9900% gain minimum in 6 years.
Looking ahead.. a 9900% gain in 6 years will take us to exactly a minimum of $30. This would be after a downturn from all time highs for Xrp. So the price at $30 would initially be another wick down touch before another breakout.
Considering Xrp is 0.55 cents today.. we'd likely be seeing a $55 future equivalent pricetag.
Plan ahead and happy holdings!! 🚀
Xrp to $1400 usd for this reason 😀 If we pay attention closely to the charts & the future of where the price of Xrp is telling us it is headed, it is now obvious to see Xrp has begun a new trend line for the next cycle.
Just like the logarithmic pattern scales of Bitcoin. With each 5.3 year period, it creates a new sequence in the charts. And also these cycles like Bitcoin appear to get longer with every passing cycle.
This is now clearer than ever before with Xrp as it is ready for all time highs. Buckle your seatbelts, it's gonna catch everyone off their guard.
The trend that keeps on trending!As we can see in the chart, and hence the extremely important sentiment of Xrp never breaking the trend. The bears want you to believe this trend will be broken when Xrp is already too far undervalued.
The Xrp chart price action is longterm upwards just like the stockmarket trend sentiment is always longterm upwards.
There's 3 Xrp burned 🔥 a minute, and that burn rate is only adding fuel to the fire gradually increasing the scarcity of Xrp. Don't let anyone fool you otherwise.
Remember the trend is your friend!
Possibly an early spike..?You can see that the earlier spike up is in line with my earlier forecast drawn up since November 9th, but this current one could possibly be the next spike predicted to come to these lows. It appears that way, and it's come sooner than expected. Either way though, we'll see rebound action from here.
90% drop from ALL TIME HIGH is 🔑 The huge sentiment in crypto is 90% falls from ALT is one main reason why Xrp will not be going lower. We've seen this numerous times with Bitcoin and so many other cryptocurrencies.
Hence why Xrp has found support. Not only is it support but a long-term upwards trend of 8 years. And it's clear it will not drop below the 8 long year support. Hodl strong as always!! It's no wonder so many people are angry and bearish on Xrp lol!! 😆
💪 Xrp ftw!!!!
XRP is really Bearish (On The Big TF)Hello, I hope you are well
XRP is really Bearish On The Big Time Frame
I have a medium and long term analysis for Ripple here.
First of all, note that Ripple has a court hearing in the near future, which could experience a lot of price volatility.
I think we are at a big flat where wave B is ending and wave C is falling.
I specified the supports
Ask if you have any questions.
Thank you
This line is of great importance!!The bearish noobs out there are telling people like me and you that Xrp will go to 0.28 cents or 0.30 cents, but they aren't experienced enough in crypto.
The same are still calling Xrp Ripple when Ripple is not Xrp. If the 'company' Ripple disappeared tomorrow, Xrp would still exist. It has nothing to do with Ripple when Xrp is fully decentralised.
Now what is the chart telling us? Forget the naysayers. We can see Xrp trend setting the price upwards. By December Xrp most likely will never fall below 0.33 cents ever again.
As I've stated in the past... Xrp is way undervalued. It shouldn't even be below 0.65 cents which is the mean bottom. Now Xrp is in a double bottom position, hence why I'm confident the current bottom upward trendline tells us price action whereby Xrp will never drop below again.
Come 1st December.. Xrp will never drop below 0.34 cents again. Come New Years Xrp will never drop below 0.35 cents again.
We're seeing 👀 history in the making!!