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!
Xrptechnicalanalysis
XRP Finally Reaching Historic Bottoms | Breakout SoonThe Resistance Level : After being broken through, it doesn't hold much merit anymore. However, it should still be used as a sign of possible support in the future, but as of now it still shows signs of resistance, so it's safe to say that this is still an important level and we should be keeping our eyes on this one.
50 Day MA: The 50 Day MA has shows good support and resistance on this time frame, which is why I will be using it. The 20th of March (2023) Is where we started seeing levels of support and movement to the upside. A pattern can be seen of higher highs, and higher lows. If you look back at the 20th of August (2020), we see the same pattern emerge where we break through the 50 Day and proceed to reach higher highs and higher lows. It can also be seen in December (2020) where broke through the 50 Day. Will we see the same pattern in the next weeks, where we fall through the 50 Day, or will it show support? Allow me to give you more information.
FIB: The Break Through at the 0.236 Level was important, it shows signs that the market is ready to start seeing bullish pressure, but as we can see there was a reversal, and there is still sometime left before we truly reach higher levels on the FIB. So the 0.236 is still playing as resistance, but good signs of of a breakout soon.
RSI: The 3 overbought tops back in 2020 aren't the only tops we've seen on XRP, we've even seen them back in 2017, and now we are seeing the same patterns today. This is the pattern: Breaking through 40.00 to show bullish pressure, 50.00 playing as support, the 3 overbought tops, then begging of bear market. As we can see we are starting to reach those tops, which means this is the LAST FALL, OR have AT LEAST one more to go.
Historic XRP Candle Pattern: This is the Pattern: Rally, then a fall, Then Retrace to the Hight of previous rally, consolidation, then the final rally. That's what we saw in 2017, 2020, and now we are seeing the first steps of it right now.
Summary: We are waiting for prices to reach 50 Day MA, where we can retrace back to the SEC Rally and consolidate, but there may be a final fall as history is showing us.
Upper target reached..The moment of truth is here. A possible pullback as in my predicted forecast.. or there's a chance to push through with a breakout. I think a bit of bearish action will occur from here on before the big moonshot that will redefine what Xrp can really do! The greatest moment for Xrp is fast approaching! History about to be made! $$$🚀
XRP ABOUT TO BREAKOUT!- XRP is going to win this SEC LAWSUIT we all know that and if we don't then clearly the game is rigged!
- As soon as the lawsuit is over EASY £5-10 price, but the main pointer is the DEAL which set amongst central banks and governments to use XRP as a world reserve currency, it's a part of the whole reset agenda!
- NOT FINANCIAL ADVICE - PLEASE DO YOUR OWN RESEARCH!
XRP TO BREAKOUT SOON?- XRP looks like its coiling up, last time it broke out of that triangle it did nearly a 5,000% move that's around a 50X!
DO not sleep on XRP make sure buy it still whilst it is under a dollar!
This ASSET will be well over 4-5 DIGITS one day - understand the amount of money that is in play!
- NOT FINANCIAL ADVICE!
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!
XRP potentially go to $0.14 - As we can see that the market is experiencing massive losses, Celsius, Luna, whats next Shiba Inu or Dogecoin, because as much as people would like to argue doge and shiba are just a toke with no use case!
- If another crash occurs then we could see XRP at $0.14 (£0.11p)
REGULATIONS PUSH XRP LOWER?- 99% of Cryptos with NO USE CASE will die and all the ones with UTILITY will survive.
- We most likely could go lower but remember its not guaranteed that XRP will fall that low, so always remember to dollar cost average in.
- CRYPTOS which I hold that will survive regulations: XRP, XLM, XDC, QNT, CSC, CSPR, AGIX, DAG, VET, HBAR and TEL.
XRP potentially to fall lower!- As we can see we broke out of that trendline to the downside.
- Now XRP is consolidating (moving sideways)
- ISO20022 goes live in NOVEMBER 2022 this year.
- We could potentially have REGULATIONS this year or next year and once it takes place, we could see another major crash and then eventually after see massive pumps!
XRP 77% DISCOUNT!!- XRP is at a 77% DISCOUNT!
- XRP is a ISO20022 compliant CRYPTO
- XRP will survive regulations - 99% of shitcoins and coins with no proper use case will die!
- XRP will work with SWIFT to move money like email!
- 2030 you will own nothing an be happy!
- MANY JOBS will be wiped out by 2030, you need a new skillset or need to have enough money to survive and live!
- Massive wealth GAPS are coming!!
- ISO20022 goes live in NOVEMBER 2022 and is complete by NOVEMBER 2025!!
XRP IS GOING TO $0.29 (£0.24p)- WOW haha this market is volatile.... I am still BULLISH!
- Guys please don't FOMO in unless your HAPPY for your portfolio to go down further and not react emotionally.
- Always invest what your willing to lose!
- STAY level headed, go to the gym, eat healthy, talk to people communicate, please don't let this market affect your mental health!
XRP IS HEADING TO $0.40 - £0.30P- It's okay.... don't panic, remember to always erase your emotions when it comes to investing.... if XRP reaches $0.40 / £0.32p then think of it as a massive discount.
- XRP is designed to move TRILLIONS in seconds, so its use case is strong, utility is massive and its ISO20022 compliant....XRP is even on the world economic forum crypto pdf.
- I will keep you guys posted on the markers, please stay tuned for more TA.
XRP SUPPORT LEVEL MET, KNOW WHAT ?- Keep it simple we either break below and head further down and cause extreme fear for a couple weeks, followed by a massive pump.
- If your a clever investor, you will NOT react EMOTIONALLY!
- EMOTIONAL investors LOSE MONEY / SMART INVESTORS WHO de-tach their emotions from their investments always win!
XRP COULD DROP FURTHER!- I look at this crypto market on a long term scale, however in the short term I do believe a shake out is coming, some sort of negative news will send the overall crypto market down, but remember when there's blood on the streets you buy the DIP!
- RULE NUMBER 1: Only invest what your willing to lose
- RULE NUMBER 2: Always DOLLAR COST AVERGAE in your positions in crypto
- RULE NUMBER 3: Never be emotionally attached to your crypto wallet/portfolio
XRP BROKE & CLOSED TO THE DOWNSIDE!- As you can see we have broken out of the daily triangle pattern to the downside and a couple candles have closed outside the triangular pattern.
- This could mean a further drop for XRP, but if you know what you hold, you will keep holding and DCA (DOLLAR COST AVERAGE) into XRP on a monthly basis.
- NOT FINANCIAL ADVICE!