Xrpthestandard
XRP-USD H12 Past Bull Run Retracement AnalysisI had some free time and decided to create a chart analysis of the Fibonacci retracement levels of the most recent bull-run impulse.
Notice how some of the Fib retracement levels shown were almost spot on with some of the price calls people have been making for XRP in the next 12 months. Yoshitaka Kitao has previously stated that he thinks XRP can get to $10 USD, once a few hurdles are vaulted. This leads me to think that these may be some price windows to watch for, if a massive move upward were to happen. FYI: Only the TV-standard levels of the FR analysis were used in the bull-run retracement analysis.
XRP-USD H12 Fib Retracement S/R ComparisonI had some free time and decided to create a chart analysis of a comparison of the Fibonacci retracement analysis of the latest impulse to the long term support and resistance levels that I rushed through trying to pick.
Notice how most of the S/R levels I picked were almost spot on with the Fib retracement levels typically presented in the analysis. I added a few non-TV-standard levels to the FR analysis, just for giggles (since I think XRP is about to make a big break). This leads me to think that this analysis may be a decent representation of what to expect regarding the resistances that will be encountered during the next move up. However, to be honest, I don't really expect these resistances to be major, if the previous major movement is any indication.
$XRP rally incoming? only 60% in 2019, $BTC & $ETH over 140%
$BTC vs $ETH vs $XRP - 2019
$BTC vs $ETH vs $XRP - Since bottom
$XRP rally incoming? only 60% gain 2018, $BTC & $ETH over 140%
$XRP only gained 60% in 2019, $ETH and $BTC more than 140%.
Bitcoin and Ethereum also doubled since their bottom. XRP didnt even reach 100% since bottom.
Something is coming if you ask me.
$XRP Bounce on support incoming? on 46k sats reversal? $XRPBTCKey points:
- Ascending support trend line identified. Due to come into play at ~44,000 sats.
- Higher lows on daily RSI suggests possible reversal of downtrend
- RSI dip below 30.0 mark on weekly chart strong oversold indicator
-Target set below key resistance levels of 60k sats (big even) and ~63.5k sats (first Fibonacci level)
PLEASE NOTE: As this trade was identified on a BTC paired chart, this trade is not intended specifically for USD gain. This trade should be played with any current BTC holdings in an effort to build your BTC value. BTC and USD paired charts are both equally relevant. However, if you have removed all of your BTC holdings (temporarily or otherwise), BTC paired trades are best avoided.
Trade triggered: 46,385 sats
Stop loss: 39,779 sats (13.84% loss)
Trade target: 59,300 sats (28.45% gain)
XRP:USD - Quick analysis by AmfeixMarket's moving very slow this weekend, with BTC consolidating in a $100 region, as well as alt-coins.
With BTC failing to break the $5500 region,which continued with a major sell-off and brought us to $5000 region again, could mean that we may continue going even lower, both downside and upside targets has been analyzed in prior breakdowns so I suggest you to take a look at them as well.
XRP on the other hand, is currently sitting at $0.32 region, i used the FIB retracement tool, and it appears that we are on a 50% retracement . If BTC continues to fall, XRP price most likely will correlate. I have marked few areas to take into consideration.
First one, being the resistance area marked with Yellow rectangle, failing to break above, it will take us to the support area of $0.28, and I highly believe that will take us to $0.24 which appears to be the first FIB retracement target (-0.27)
Please keep in mind, this is not final.. as the market's consolidating, we will wait for a confirmation before taking a trade.
XRP / USDT - THE BULLS ARE HERE!!!XRP is prime for its bull time, the transparent blue price action projection is based on its previous movement coupled with Elliot wave theory and market geometry making a lot of sense
I've constantly made small edits to this chart idea from nearly a year ago and i would say that its at its most accurate version at the moment.
here's a pic of the entire chart for those on their phones or unable to see the chart above properly.
XRP road-map to 1000$ This is not fanatic mumble-jumble price prediction. Price target regions are based on Fibonacci extensions from previous lows to new ATH's.
This worked 100% from the beginning of XRP's life.
To achieve these targets, a lot of things have to happen.But it's possible.
Candle pattern is for entertainment purpose only.
No dates are attached to targets.It could take 3 years to achieve all target zones and it could take 10 years and more..
XRP/BTC Analysis - Stuck in the middle with youObservations:
XRP/BTC was in a downtrend for some time, spent about 2 months in what looks like accumulation, broke out of that on high buying volume (that was very much a whale move disguised under the pretext of a 'buy the rumour sell the news' event) and is now trading in a range that mirrors the swing highs and lows of the original downtrend.
Wild speculations:
+ While Ripple is always impacted by Bitcoin, it does look like a chart that has ended it's bear market and is consolidating before a big move. It will most likely range for some time before deciding on a direction. Shorting or longing the top or bottom of this range would probably give you good profits, much like a Forex chart.
+ Ripple could surprise us by showing bullish moves even in the midst of Bitcoin's continued macro downtrend. There's enough hype around it as a rival to Bitcoin that I can imagine whales could manipulate the price to suck in more retail money on independent moves from BTC (this is not based on the chart but merely my own bias and interpretation).
+ It would be interesting to compare this XRP chart with Bitcoin's ultimate trajectory. I wonder if alts such as this are a leading indicator of where Bitcoin will ultimately move. If so, it would indicate we'll see more drawdown in BTC before it starts ranging in a region of 83%-85%. If we had a 2000 bottom for BTC, that would create a range of 2000-3700. Or 3000-5500. This seems like a fair bet for 2019-2020.
Chart analysed: XRP/BTC Daily
Indicators: RSI, Support/Resistance, Volume