XRPLONGTERM
XRP Bullrun has begunAccording to my TA, XRP drove out from the descending channel, renewed HH fractal on H4, retraced to 23.6 fibo. Now the short, mid-term targets are 76.4 fibo and 176.4 fibo. Stops are put under 0 fibo.
I will not limit myself with those targets I described above. It will make a new ATH. Seems to me, the spirit of winter*17 is here and we will repeat those huge moves.
This world is changing and fiat is being moved to digital assets. Now any person on Earth has a chance of getting wealthy. Do not miss this century opportunity.
XRP will surpass 100$, might be next year at ease.
XRP LongXRP has driven out of the descending channel, formed a reversal model. A great entry here would be at the 23.6 fibo level. A sniper entry if you fancy. My TA sets TPs at 76.4 and 176.4 fibo levels. I believe this is just the beginning of a great uptrend we are going to witness. Buy some with margin and get bunch of it at 1x
Wave 4 forming on Weekly XRPOn the weekly time we could see a 5 wave structure (Elliot wave) with Wave 4 forming up. This Wave is typically a consolidation and if it keeps this rate the price could catch up with the Weekly 50EMA and form a support.
Other scenarios are that the price can move lower in the red zone that acts as overall support and could then retrace around the 0.24 price zone: around 20% correction.
This in itself could shake out some buyers but would provide an excellent opportunity to accumulate more.
None of these scenarios nor TA structures are time bound - it's a wait and see game.
Overall view is a long term hold.
Thank you!
XRP Possible Golden Cross?The green line represents the 200 moving average, and the white line represents the 50. I will be on the watch to see how the price moves above OR below these two major moving averages. Currently, the Bitcoin Dominance is breaking below the 60% range, and may go lower over the last few months of this year. Almost like it played out in late 2017. This is only my opinions, and not to be taken as trading advice. just sharing what I see. I hope everyone has a good week, happy trading!
Realistic Ripple Price Prediction, are we done dumping?Many of us heard about shiny bright coin Ripple, this coin made some people rich, but the majority became holders.
After Ripple reached it's high's on January 2018, at 3 USD per coin roughly.... the downtrend began. It's was a pretty steep downside move, with many bumps along the road.
Happiness and pain accompanied this coin on its way, dreams and reality faced each other. Those years were pretty rough for all crypto community, it touched everyone.
Many of us learned lessons of the lifetime, I pray we'll never be facing them ever again. But life goes and brings us new opportunities, new setups, and new lesson to learn.
Ripple was going it's own steady road all the way down to 0,12 $ per coin, and maybe if we are lucky enough, and the vast majority of sellers paused their appetite of unstoppable dumping
(the biggest seller as we know is Ripple company itself).
We could take a deep breath and observe that wonderful altcoin through the prism of Gann box.
We are not going to discuss how high this coin would go, we will just set up checkpoints on its glorious path, through solid TA facts, as I would like to be realistic about Ripple price prediction... not just to throw 10 USD dreams...
If ripple found it's ground in 0,12 $ USD price per coin, then we could state that lower then this it should not go, to align with current TA.
Ripple managed to enter a bullish phase with a pretty wide range area estimated 0,12 - 0,23 USD. For now, Ripple holding nicely Gann Fibonacci 0,618 support (logarithmic chart).
Actually that support will slowly and steady lead ripple to following prices 0,24 USD / 0,3 USD / 0,5 USD. Losing this support and we will witness the retest of the bottom of Gann box ( 0,12 USD).
Dropping below 0,12 USD is ain't good for Ripple, and i won't dare to touch it after that!
For now I like the picture Ripple shows us. Estimated time to reach the prices mentioned are :
0,24 - 0,3 USD / till 9 october 2020;
0,3 USD / till 1 january 2021;
0,5 USD/ till 12 feburary/ 21 June 2021;
This is a conservative approach. Keeping things Real guys, if it goes above those target's that's great, but those are the target's I would keep a close eye on!
So let this idea be a LONG call, with careful buy entries, doubling down till 0,12 USD from current prices. Slowly, without harm, without FOMO. Midterm-longterm investing.
$XRP $Economy Technical Analysis & Breakdown | July 2020Technical Analysis & Market Breakdown of XRP & our economy CRYPTOCAP:XRP
Easy Loot's Bullish Trade: If we successfully hold & breakout...
Estimated Time: 2 Months
- Entry: $0.18759
- Target Profit: $0.21227
- Greedy Target Profit: $0.2213
- Stop-Loss: $0.18526
XRP News:
- According to CEO Adam Traidman, SBI Ripple Asia is conducting trial and pilot projects in Asia for Ripple’s On-Demand Liquidity.
- Most major cryptocurrencies are stuck in a range suggesting a balance between supply and demand. For those that don't understand this, ask Jerome Powell. To explain farther, the Fed (J.P.) is buying bonds like never before. In even simplier terms, the Fed is printing money and pumping it into our economy...
Can you guess why this is actually bad for the Crypto market?
Well in my opinion, I believe us investors just don't have enough money to hold up the major Crypto coins yet pump the market as the Fed is doing.
The Fed is blowing up a bubble, a bubble in which is filled with fake money to hold up a economy built to last. Unfortunately, our society has outgrown our economic structure which has left our market makers shook and nearly confused. During the first crash (this year), we saw Cryptos & Metals follow SPY as everything tanked.
When this next bubble pops, what will hold our Crypto markets up? Better yet who?
Do not trade this, take any information as a grain of salt. This is not financial advice.
DotcomJack | Easy Loot | The Dotcom Takeover
Where your moon boots at?Nah just kidding I'm not a moon boy nor am I negative about XRP. I do hold it because there is real potential and its ultimate goal is fairly simple and it is also useful...which some major banks and organisations are patterned with ripple. It amazes me that other cryptos out there are trading a lot higher than XRP that don't actually hold much value or their goal is not actually widely beneficial.
DYOR - these are bottom prices for some cryptos and i'm more than willing to buy them. XRP has not "mooned" or exploded yet because there isn't a demand. Once the supply drys up then the demand follows and that's where price climbs and yes I know there is lots of xrp that gets released from escrow every so often.
Looking at this chart though its just asking to rocket...there was a tweet floating around that said the market cap is way off for xrp and over 70% has already been bought which did look legit? again dyor.
If ripple did an IPO then I would look to sell some xrp and buy the IPO.
XRP: Possible Change in TideIn my last analysis, I discussed a hypothesis regarding the strange EW and its skewed nature. It looks as though this is the turning point where we see if I was right or not.
If the lagging span sustains a bullish position and the TK Cross comes into a bullish position (the cloud always follows last between the two in a clear, trend-like movement such as this one), this would prove that my hypothesis of the termination of the C wave has come true. This means that we should move on to the next step by preparing to determine our next point of entry.
The moment of truth will most likely occur during the next 24 hours, so we best be on our toes.
Happy Trading!
- LB
XRP: Strange Elliot Wave and Possible Buy-in OpportunityIf we look at our 30-min chart, we can see that the price has broken out of the key level of resistance. We want to see if this bullish sentiment is sustained to determine our next buy-in opportunity.
I noted that the ABC correction looked like it was going to be a classic textbook 535 zigzag in one of my previous analyses on XRP, but I've found that the final C wave is skewed by the overwhelming upward momentum that is apparent in the daily and our 30-min is suggesting a possibility that the C wave has finished and that the beginning of the next progressive wave is upon us. I understand that the C wave can be seen as "invalid" by zealot Ellioticians (because the fourth wave went past the first), but if you look closely, you can see that the buyers are clearly beating the sellers, which is causing the C wave to become skewed, as it forms the lavender triangle and the price is shot out of the apex and above the key level of resistance that has held down the dominant ABC wave. The 30-min's ichimoku cloud indicators are supporting this hypothesis, but we should be careful and patient just in case my hypothesis is incorrect and the price is rejected by the grander downward force that is projected by the ABC wave. The daily is still bullish, the 30-min is bullish, but the 4-hour has the possibility of becoming bullish over the next one to two days, as we should keep our eyes on the lagging span to see if it moves into a bullish position (and then watch out for a TK Cross) so that we can determine if this is actually the end of the correction and so that we can set ourselves up for the next progressive wave and make a well-informed decision regarding when to buy-in.
If my hypothesis is proved correct, I suggest buying in at the second wave of the next progressive wave since this is the only buy-in opportunity in the immediate future that is the most well-informed.
I hope this helps and happy trading!
-LB
XRP: End of C ApproachingIt seems as though the third wave down has started. I am utilizing my yellow and green support lines to help guide my corrective wave so that I can determine a proper buy-in. I am assuming that the C wave will finish off within this boundary.
You all should be on your toes and look to the IC indicators as a tool for gauging the momentum downwards. It will help you determine whether or not if there is any more room to go past my support lines so that you can find a proper buy-in.
Either way, this should be an exciting couple of days.
Happy Trading!
-LB
XRP Keeping it Simple, Massive AccumulationYes, XRP dumped after swell, but has XRP ever gone up on good news? After we dumped I took a step back and looked at the bigger picture, we have been in massive accumulation since the middle of August, three whole months!!! Also we are outside of a huge downtrend which was created April 2018. I have been looking at a lot of other alt coins and a lot of them are in long term accumulation as well. With bitcoin looking weak/in accumulation we can expect some sort of alt season. We are already seeing it to some degree. Put buy orders in at $0.252, trade is invalidated if we close below on a high time frame 4hr/Daily. This is a very low risk high reward trade if we close below next stop is the weekly at $0.23 I didn't mark it for simplicity reasons. If we close above $0.31 on a high time frame expect a vertical move. Last month we had a positive monthly candle, I expect that momentum to carry over into this month. The amount of FUD on XRP at the moment is ridiculous by the way, I believe this swell dump will have knocked out the last of the weak hands. DYOR and Trade at you own risk.
Do we finally have a bottom? On the daily chart of XRP\USD a diamond patter has seems to have formed. This usually indicates a major bullish indicator and a possible trend change. With the 21, 26 and 55 moving averages being very close to each other under the 100MA we should expect all three to cross. The RSI does still have room to move on the up side before hitting oversold could indicate a large move on the up side.
The first target would be to break the $0.32 - $0.33 area and then push towards the $0.46 level.
The funamentals of XRP this year have become stronger and stronger with Ripple making 2-3 new partnerships a week and the Moneygram deal would sustain such a move. XRP has been in a very prolonged accumulation phase for most of 2019 and in my view which started around end of 2018.
On the bear side, another quick visit around the $0.24 - $0.25 are may be possible but the chances are dimished with the above bullish patterns. The weekly chart of USD\XRP also looks very bullish and within a week or two we should see the price moving further up towards the $0.50 levels where a strong area of resistance is awaiting.
XRP/BTC Update - History Will RepeatXRP/BTC just broke out of its downtrend lasting 7 months. Take a look at the far left side of the chart, Sept. 2018. Once it broke out of its downtrend, it consolidated for a few days then shot up 170% in 5 days..
Right now we are looking at the exact same pattern, I believe the same movement will play out very soon. Except this time around, the accumulation behind the downtrend has been 2x as a long so it will take a little while longer to go up explosively.
XRP/BTC has bottomed out in Sept., just like I called, by wicking the monthly and regaining the longterm uptrend.
There is no possible way that XRP/BTC stays flat for this last quarter, history will repeat itself by shooting up parabolically.
Let me know your thoughts, and enjoy the Halloween themed candles.
As always do your own research, I am not a financial advisor.
XRP - next bullrun targetHello to everyone! Here is clean chart for clean price target on the next bull run. Fibs are friends, so this one is purely from Fibonacci extensions.Everything you need to know is in chart.
P.s. Messy version in comment section.
Don't forget to check out my published Idea -> XRP Bottom
I think XRP is about to take off.BTC is looking ripe for a pullback. When that happens Altcoins do one of two things. Go up or go down. Generally speaking here, most of the altcoins in this market have been pretty dead for some time and haven't seen much growth if any since BTC starting its rally in March. So its possible we might see the altcoin market grow when BTC pulls back.
That being said, Ive been following this market for years and I have always noticed that XRP lags a bit behind BTC. XRP is also one of the top altcoins that hasn't really had much growth compared to BTC. ETH has seen a good rise with BTC and it also looks like it is ready to pullback. But XRP hasn't really been doing much.
So take a look at this Daily chart of XRP/BTC and tell me what you think. Price is getting really close to the bottom trend of this triangle. Where historically it has increased in value rapidly. RSI levels are oversold. Theres some strong divergence with the RSI, unfortunately none with MACD so it's a mixed signal. But it's a nice confluence area and this is crypto, so 500% in a month is not unrealistic.
Happy trading :)