XRP CRYPTO COIN Analysis till OctoberAs we can see xrp on chart is Descending Triangle formation and most of the traders focus on short at lower time frames but on a bigger picture we have xrp court news and if it's positive then we can see a good rise in the price till the month of October.
It has been a great month in previous years for most of the crypto coins to pump.
So my view is pure bullish on xrp.
Xrptechnicalanalysis
XRP DAILY ANALYSIS!!- As you can see we are still within the long term trend.....XRP has stuck to this trend line so perfectly.
- Once this case is over we could see XRP reach around $90 (£70) before 2025!
- Just a quick reminder, TESLA went up after the lawsuit by 3,200% within 3 years!
- My message here is that don't expect XRP to fly to 2-3 digits straight away, it could take some time, just hold, accumulate more and HODL!
XRP Invalidated the weekly rounded bottom... But there is hope! XRP lost the weekly rounded bottom after closing below 0.80 cents. We knew to be expecting downside if that happened and here we are. There is still hope though as if we zoom out to the monthly time frame you can see we are still holding the rounded bottom there using the wicks. In our previous idea we were using the weekly time frame and real candle bodies. Difference this time we are using monthly and wicks of the candles. Great buying opportunity for those looking long term IMO. Not financial advice of course.
XRP DAILY ANALYSIS!!- Hello everyone, hope your all having an amazing weekend so far!
- As you can see we broke out of the small triangle that XRP has formed.
- This happened before aswell and then we shot right back up, there is way too much utility and upside for RIPPPLE as a company, we will see a breakout soon guys.
- HODL STRONG and keep stacking your bags!
- NOT FINANCIAL ADVICE!
XRP DAILY ANALYSIS!!- As you can see XRP is still consolidating, once the lawsuit is over, whether XRP WINS OR LOOSES, the price will still go up, take KIN coin into consideration, they got sued by the SEC, lose the case, was fined around $5 million dollars, was deemed a security and the price still shot up around 17,000% within 3 years!
XRP COULD REACH AROUND $100 (£76) BEFORE 2023!!- As we can see XRP is still hovering around the long term trend line!
- Previously when we broke below that trend line we saw a 30,000% move and a 700% even after the lawsuit!
- QUICK REMINDER: KIN COIN ALSO GOT SUED, IT SHOT UP AROUND 12,770% IN 168 DAYS!! LET THAT SINK IN!!
- NOT FINANCIAL ADVICE (PLEASE DO YOUR OWN RESEARCH)
XRP ARMY GET READY!!- We are so close to breaking out guys, keep holding your bags and as we reach £5, £10, £15 and potentially £20+ sell small portions of your bags to take profits!
- £5 - 5%
- £10 - 10%
- £15 - 10%
- £20 - 10%
- £30 - 10%
- £50-80 (if we go that high) 20-30%
- HOLD the rest of your bags for full blown utility!!
XRP - 50/100 EMA Crossed Over- As we can see on the charts, the 50 & 100 Exponential Moving Average crossed over on 11th of January 2021 and XRP shot up by about 450%, now due to the Lawsuit hanging over their head, XRP cannot move much, even though RIPPLE has made tones of partnerships with big banks, it wont show on the charts until this case is over, or we could see a massive move in price before the lawsuit is over.
- Last time XRP crossed over on the 27th of March 2017 it shot up by nearly 33,000% :P
- If we even see 10% of 33,000% XRP will be sitting at around £21 ($27)
- If we even see 20% of 33,000% XRP will be sitting at around £43 ($56)
- If we even see 30% of 33,000% XRP will be sitting at around £64 ($84)
- If we even see 40% of 33,000% XRP will be sitting at around £85 ($112)
- If we even see 50% of 33,000% XRP will be sitting at around £107 ($141)
- If we even see 60% of 33,000% XRP will be sitting at around £127 ($167)
- If we even see 70% of 33,000% XRP will be sitting at around £149 ($197)
- If we even see 80% of 33,000% XRP will be sitting at around £170 ($224)
- If we even see 90% of 33,000% XRP will be sitting at around £191 ($252)
- If we even see 100% of 33,000% XRP will be sitting at around £213 ($281)