Hi all, XRP has been consolidating for nearly 2 years. Lackluster performance overall can be attributed to the ongoing Ripple v. SEC lawsuit. As seen on the above chart, a major breakout is expected any day. This pattern can be looked at as a symmetrical triangle. Symmetrical triangles don't carry a usual direction and often break out either way. The major...
Friends, pay attention, if the analytical work style is difficult for you and you do not understand, I will try to analyze in a simpler way. But for now, the penetration or lack of penetration in that area is important to me, the analysis will be updated
XRP 2H resistance is at ~$0.354 Enter 50% at the current price and try to set some sell orders near the resistance zone If XRP stays below the trendline, the Take-Profit target would be 5%, 10%, and 15% from your entry Cheers
CHoCH dont counter trade watch out for BTC RIsk management hope we catch the end and go reversal hoping this materialze thanks guys hope you enjoy my idea basic TA leave a thumbs up
In our last analysis, we had a level we were watching for SHORTS. Price came to that level and rejected perfectly and dropped over 35%. This was only a short term trade. Now we're getting ready for the longer term trade idea, which could show us gains of over 300%! Trade Idea: - Watch the structure level if we move down there and watch for a bounce -...
There are a few levels we're watching for XRP. If we continue to push up from here, we'll be looking to sell once more back to the buy zone. If we drop from here, we'll be looking to buy XRP for the long term from our buy zone. It's still unclear which way it will go so its a good idea to have these levels marked out and play what we see based on price action...
Ripple has reached our buy zone and now we're looking to buy XRP. For a safe entry we will be waiting for the breakout of the red trendline. Trade Idea: - watch for a breakout of the red descending trendline - Stops below the recent lows. Safer stoploss below the 0.54 - Targets: 0.9, 1.14, actively manage the rest Goodluck!
We recently saw the first wave of the impulse (which was a 5 wave impulse). We are now in the second wave, which is a corrective ABC wave. We can still capitalise for the short term during the corrective phase. Trade Idea: - Watch for bearish price action at one of our sell zones - Enter with SL just above the price rejection - Targets: 0.75, 0.7 Let's make...
We may seeing a brief retracement period, which could bring XRP down between the 0.5 and 0.618 fibonacci levels where we have moving average confluence as well. We'll be looking for bullish price action between 0.70 and 0.75. Trade Idea: - Watch for price to retrace back to the fibonacci levels - wait for lower timeframe trendline break to indicate bullish...
Since early December, we've had our eyes on the 0.50 - 0.55 level and kept mentioning that that was our reversal zone. Since then price came back down to our reversal zone and bounced perfectly! We posted an analysis on XRP when we were at the bottom and looking for a reversal. Currently it's up by almost 40% and that's just the start of it. Expecting a LOT more...
Late last year, we posted a Ripple analysis with the view that we will be reaching the 0.55 level. We have finally reached that level after a drop of almost 40% from our last analysis! Now that we're at the bottom, what next? We need to see if this level holds. As Ethereum and Bitcoin have not quite bottomed out, XRP can still sit at this level until the others...
It is almost time for us to look for buys for Ripple. In our last Ripple analysis, we were looking for one more move down back to the 0.50 to 0.55 level. See previous analysis below: Currently we appear to be in an ABC correction and nearing the end of C wave. After the completion of C wave, we are anticipating the next impulse (which is going to be a big...
In our last XRP analysis. we provided a weekly timeframe and mentioned that we're only just getting started. See below: We were waiting for XRP to move lower and it appears that we may be on the final leg down to our ideal entry zone for BUYS. Looking for buys around the 0.50 to 0.55 level. Targeting $5 and above. We'll update closer to the entry time. Keep...
XRP 6H support is at ~$1.16 Enter 50% here and try to set some buy orders near the support zone If XRP holds above the trendline, the Take-Profit target would be $1.28, $1.39, and $1.62 Cheers
The last time we marked up a parabolic set up was for Cardano, which ended up pushing gains of over 110%! See linked chart for the Cardano analysis. We have a similar set up for XRP. We are approaching a key level where we have structure, trendline and ofcourse, the parabolic curve. Watch the $1-$1.10 level for bullish pressure.
Target is 1.10, looks like its going to do a decent drop or continue up trend
we will see what happens/ r/w = 1 - 2 will it go to new all time highs?