XRP found support at the 2020 highs of $0.8282Key Support Levels: $1.00, $0.95, $0.8282.
Key Resistance Levels: $1.05, $1.10, $1.25.
XRP found support at the 2020 highs of $0.8282 over the weekend and rebounded higher to break above $1.00. It is now struggling to close a daily candle above $1.05 (bearish .382 Fib), but the bulls are battling to remain above $1.00.
The resistance at $1.05 is starting to form an ascending triangle with the roof at $1.05. A closing candle above $1.05 (and $1.10) could set the stage for a bullish leg higher toward $1.30 (50-day MA) for XRP.
XRP-USD Short Term Price Prediction
Looking ahead, if the bulls break $1.05, the first resistance lies at $1.10 (20-day MA). This is followed by $1.25 (Feb 2018 highs), $1.30 (bearish .618 Fib & 50-day MA), and $1.52 (bearish .786 Fib).
On the other side, the first support lies at $1. This is followed by $0.95 (100-day MA), $0.8282 (Feb 2020 highs), and $0.75 (.786 Fib).
The RSI is now directly on the midline, indicating indecision within the market. For a breakout of the current ascending triangle, the RSI must break above 50 to indicate bullish momentum is returning to the market.
XRP/BTC – Bulls Battle With 20-day MA
Key Support Levels: 2660 SAT, 2400 SAT, 2260 SAT.
Key Resistance Levels: 2800 SAT, 3000 SAT, 3360 SAT.
Against BTC, XRP is now in a battle with the 20-day MA at around 2800 SAT. The coin found support at 2400 SAT over the weekend and started to rebound higher.
On Monday, XRP managed to climb above resistance at 2600 SAT (50-day MA & bearish .382 Fib), and it continued higher to 2800 SAT. Since then, it has struggled to close a daily candle above 2800 SAT.
XRP-BTC Short Term Price Prediction
Looking ahead, if the bulls break 2800 SAT, the first resistance lies at 3000 SAT (bearish .618 Fib). This is followed by 3360 SAT (Feb 2020 high), 3783 SAT (Oct 2019 highs), and 4000 SAT.
On the other side, the first support lies at 2660 SAT (50-day MA). This is followed by 2400 SAT, 2260 SAT (.786 Fib), and 2000 SAT.
The RSI is showing weak bullish momentum. To pass 2800 SAT, the RSI must rise to indicate the bullish momentum is starting to gain solid control.
Xrpripple
XRP to $10 in 2025 ? Fib Speed Fan Analysis. #XRPARMYThe Fibonacci Speed Fan is a technical analysis tool that combines Fibonacci retracement levels with trend lines to identify potential support, resistance, and trend reversal points in an asset's price action. This tool has proven to be particularly useful in detecting trend reversals, especially in the case of the XRP token.
XRP has demonstrated a history of respecting significant Fibonacci extension levels since 2014, as evidenced by the 0.618 rejection in 2014, the large expansion to the upside with a mild correction at the 1.382, and the eventual blow off top at the 1.75 extension. The market then consolidated and appreciated until it encountered resistance at the 0.618 Fibonacci fan extension in April 2021, followed by further consolidation.
Analyzing historical price action can provide insights into potential future movements. By superimposing the 2014 fractal on the current price action and scaling it appropriately, we can identify a possible trajectory for XRP. This analysis suggests that XRP may experience a run-up to two intersecting 0.618 Fibonacci Speed Fan levels (from the previous peak and the most recent peak) around the $0.85 - $1.00 range. This could be followed by a rejection or consolidation period lasting several months before another potential explosive move to the upside in 2025.
The catalyst for this projected growth could be a favorable outcome in XRP's legal battle with the SEC, which would lend legitimacy and confidence to the asset. It is important to remember, however, that technical analysis, while valuable, is not foolproof and cannot predict future price movements with complete certainty. External factors, such as regulatory changes and market sentiment, can also have a significant impact on an asset's price trajectory.
In conclusion, the Fibonacci Speed Fan is a useful tool for detecting trend reversals due to its ability to combine Fibonacci retracement levels with trend lines, providing valuable insights into potential support and resistance areas. This has been particularly relevant for the XRP token, which has consistently respected significant Fibonacci extension levels since 2014. By analyzing historical price action and employing tools like the Fibonacci Speed Fan, traders and investors can make more informed decisions about potential entry and exit points in the market.
XRPH looks to have bottomed.XRPH (XRP Healthcare) is the first healthcare project that has been built on the XRPL. It has been falling like a waterfall for quite some time now, but looks to have bottomed, and possibly even started the process of breaking out.
Limited to 100 million tokens, and you can stake those tokens in the XRPH wallet available in the Apple Store, and Google Play, to get from 20% for 6 months, and 25% for a year.
Do your research first, but I think that this could be a great investment over the next 5 to 7 years, and we are definitely early, as this token is only listed on very small exchanges, and is only available in spot markets, and isn't available in futures anywhere, which makes for much better price stability.
This isn't investment advice, just my opinion.
Good luck, and always use a stop-loss!
A nice inverse head & shoulders pattern has formed in XRP.XRP is arguably the most hated crypto in the space right now, but it's forming a very nice inverse head & shoulders pattern on the hourly chart, and has just crossed the neck line. We could see a really nice rally right here if it holds above that neckline, if so, it may pull back to it, then bounce off it like a trampoline.
Other cryptos have been having nice rallies today, I think XRP might get it on a little of the action today.
Good luck, and always use a stop loss.
XRP may attempt to make a move to the .6239 level.XRP has of late been lagging behind many other popular cryptocurrencies, which has disheartened many long-term investors, causing them to abandon the XRP ship they've long treasured. I hold and am still adding to a long-term position that I will likely hold for many years to come, even though I am generally more of a day/swing trader than I am a long-term investor. But the charts do seem to now be showing the potential for a move to around the $0.6239 level.
XRP is one of those cryptos that likes to drag its feet until nobody is paying attention, then it makes a sudden, massive and unexpected move. Right now, with sentiment turning from positive obsession to sheer and utter frustration, in my opinion, could quickly turn into one of those times when XRP just kicks the doors off the charts and makes a large move very quickly!
Even though I'm bearish at this point overall, as a trader, I always keep my eyes open for potential profitable trades. Traders must be flexible and malleable to be successful, as trends tend to pop up out of nowhere and/or reverse on a dime. Not being willing to ditch an old idea, theory, or strategy and embrace change will keep you watching rather than participating.
Good luck, and always use a stop!
My projected future path for XRP.I just want to say thank you to all of my followers, both old and new! You can also help me grow by sharing my charts on social media either by link or screen shots.
This is probably a great way to make myself look like a complete fool, but it's been right so far. The white arrows have been my projected path for XRP price over the next few day. In order for the rally to continue XRP must take and hold the .85 cent level. This level is crucial. We may tap it, and test it a few times, but there's also a chance that we could plow right through it.
I know it sounds unlikely, maybe even a little crazy, but I think XRP will be around, or above the $1.25 level by Christmas!
Keep your eye's on .85.
Levels to watch for XRP.The following chart has some levels to watch for XRP in the next few days. Even if the super bullish path slows, or retracts, the thicker white lower trend line would be a good guess as to the lower trajectory in price.
For reference.
* The yellow line is the 50 day SMA.
** The stochastic is set to 60/1/3.
XRP is gaining momentum at a nice pace.Every XRP holder wants to see XRP go to the moon, but the problem is high percentage gains that happen quickly rarely hold. XRP is now gaining at a nice steady pace which will tender a much better final result.
Bottom line is this, we want investors, not speculators. We want long-term holders, not 5% flippers. The higher quality the investor, the greater chance that the value will hold.
Does Ripple Refuel?With the fall that happened in the market yesterday, Ripple seems to have not lost its decision to grow and has the possibility of climbing to the range of 90 cents.
In the time frame of 15 minutes, the price is fluctuating above a price block, which is likely to fill it as a market value gap and then start its growth.
It is possible that the price will drop to the range of 43 cents and then rise to 90 cents.
Stochastic set to 60 is working great as an indicator for XRP.Hello fellow traders, and HODLers. Lately I've been using the standard stochastic set to 60, and as you can see above that coupled with the proper trend-line is working very well lately as a 'tip-off' indicator. It looks like XRP could get even more interesting to watch in the coming weeks. Don't get shaken out of your positions early! Good luck!
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.
Potential Trend Reversal in XRP.Even after yesterday's blatant and pathetic attempt to manipulate the price downward. The XRP bulls have reversed the course of action to what could become a bullish full trend reversal. Even managing to turn the crash candle green on the daily chart... Wow!
Watch the .37 and .40 levels. If these are broken and hold, then the bull-run has begun.
We will reassess this potential trend change in the next 24 to 48 hrs.
To be a good trader/investor, one must become 'like the chameleon.' - Anna from Predator.
ADAPT!
XRP BACK DOWN TO $0.30- Remember that XRP is traded on the live financial markets 7 days a week against other crypto pairs and 5 days a week against fiat currencies, so the likelihood of XRP going up and down is absolutely normal!
- The market moves in 3 directions, UPTREND, DOWNTREND or CONSOLIDATION (SIDEWAYS)!
- Stay tuned for my next post
POTENTIAL MASSIVE CRASH THIS YEAR!- This massive crash could occur soon some time this year, still keep dollar cost averaging into your favorite utility cryptos, however have some money ready on the side lines so you can buy at a massive discounts!
- Understand that the markets are designed to be against the retail trader (YOU), just make sure that you don't listen to the news as its controlled by these elites 0.05% of the world!