Bearish action will hold support here.Anyone getting worried about Xrp currently has really not much to worry about. Support will hold around 0.538 and we're not going much lower before coming directly back up!
That's all.
Xrpsetup
The SUPER Support!!Found here the huge support that Xrp keeps going sideways on whenever it hits this 0.62 cent range. It's riding on this support going all the way back to August 2023. Then going further more back to November 2020... and then ALL the way back to final last run up of the 2017 to 2018 bullrun.
We'll call it the next launchpad for this new bullrun that's about to begin before April ends.
🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
How not to fall at the final hurdle...This is the moment that I believe is the last stretch for Xrp moving into the New Year 2024 and onwards towards March!
Don't let things bother you if we see this final average downturn. It'll be big buy opportunities before we go ahead to test all time highs!
This is accumulation stage and final chances to dollar cost average in on the red candles. See you on the other side ↘️➡️↗️⬆️
XRP → Quick Dip Before The Rip!? Let's Maximize Your Profits.Ripple is currently in a slight bull channel inching its way back up to the $0.64 resistance level. Will XRP break it here or fall down to the $0.58 range before breaking through?
How do we trade this? 🤔
XRP is in a bull channel, which means our bias should be long until the pattern is broken. We should be seeking a strong bull signal and confirmation bar toward the bottom of the channel, somewhere in the $0.60 range. Set a protective stop around $0.58 and a take profit at 1:2 Risk/Reward, a reasonable setup for a chart like this.
Do not be premature about entering the market, wait for the bars to close and enter when the confirmation is in to maximize probability.
💡 Trade Idea 💡
Long Entry: $0.60
🟥 Stop Loss: $0.58
✅ Take Profit #1: $0.68
⚖️ Risk/Reward Ratio: 1:2
🔑 Key Takeaways 🔑
1. Bull Channel, Bias to Long!
2. Wait for the price to bounce at Channel Support.
3. If Price Breaks Resistance, Wait for Test of Support.
4. RSI at 53.00 at Moving Average, Indecision.
5. Target 1:2 Risk/Reward at bottom of Channel.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
Like 👍 and comment if you found this analysis useful!
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 😃
Right on schedule!Don't really need to explain this one. Obviously obvious 🙄
Expected price path drawn up since Sept 29th.
Xrp may go sideways for a bitSeeing that Xrp has what appears to now retested this support line that's headed towards 0.55 cents by January. Although keeping in mind this is a retest. I expect Xrp will ride this support trendline a short period before another run up higher over the coming month or two.
This is just my thoughts at the current moment so don't hope entirely on it but if we're going higher then it will drag a bit.
Bull flag break sideways?It appears we've broken a clear sideways out of this flag structure. We did see a false breakdown and immediate break to the upside before heading out sideways. Still moreover a bullish outcome than a bearish. We may see some sideways action before continuing more higher.
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!!! $$$
Early breakout??It looks like Xrp has had an early breakout upwards. Anyone else think so? 🤔
If this is the case, expect over 60+ cents minimum Xrp in the next run up.
$xrp daily looks primedi tend to avoid xrp for obvious reasons. always been a scam in my book. currently tied up in that lawsuit.
that being said. just pulled up my old chart. haven't looked at it in probably 2 years lol.
but maaan this daily looks so good, i must admit.
if this is a 5 wave set up, we should be targeting ~ $.65 at least.
Xrp 0.31 cents is now bigtime support!Hate to see the bad 🐻's giving people terrible advice.
Considering that we had a relatively large recovery from the big liquid sale just recently, a bottom has been created for Xrp. It just doesn't make sense to remain bearish, especially in a consolidating current timeline.
In light of this huge support at 0.31 cents.. in my opinion Xrp may never see below 0.31 cents again. This leads me to believe that Xrp has only upside potentiality, and still more of that liquidity sales drop to recoup. Therefore we should be bullish. Cheers to the upside 🙂
XRP smooth like butter So we are on strongest POC and on 0,52 is FIB (0,786) ! 0,52 is DEMAND zone so i think we will see big pumps after touch !
If you want more , check my profile 🥰
XRP MOON INCOMING (NOT FINANCIAL ADVICE) - Remember guys/girls only invest what your willing to lose!!
- However do remember this is a ISO20022 COIN so don't sleep on it and always do your own research!
- In 5-8 years time XRP could be 3-4 digits so pack some long term bags!
XRP Short trade (Spot) Not future (leveraged)As per my wave count which is so far playing well, XRP is entering its 5th wave before an ABC correction.
XRP Scenario 1 & 2I don't see XRP going lower than 0.6645
Scenario 1- Price stays above 0.8000 with a Long Target of 2.2 upto 3.0
Scenario 2- Prics break below 0.8000 to 0.6645 with a Long Target to 2.2 upto 3.0
Keep in mind that the Crypto Market is very volatile, so trade with caution
I'm loading up on some more XRP and holding(HODL) until whenever. No signs of selling anytime soon
XRP Projection EntriesTA -
Broke current trend channel down after hitting a major Resistance Zone around 1.05.
1H retest of 0.986 - 0.995 HL Zone and MacD going green for a bit soon to come back up and retest support and VWAP before a dump. Bullish If it closes above last swing high.
4H MacD slowing momentum. Might see red soon. A 4h MacD dump is usually steep. Possible dump to daily trend ZONE 0.87 - 0.92 if it falls violently.
-I would only enter after a retest of a sup or resistance zone if you are unsure.-
XRP Projections Bear??XRP Bearish
Looks like it will slowly dive to bounce off bottom of daily trend channel
XRP relatively trending lower, 202103-202104 outlook-Potential bearish scenario retest trend line near $0.23
-Potential bullish scenario to retest trend line near $0.72
