Xrp still trending on pullbacks!Clearly Xrp is replicating what happened in 2017 before it's first major bullrun to $3+. We should take note that more than 8000 Xrp are still burned on a daily basis and ever increasing. This has minimal effect on the price yet we still see these frequent trendlines to the upside on these pullback wicks. They can't be sold forever and the sellers will eventually get rekt.
From the previous 2017 bullrun we saw Xrp hit 0.0030 and so I believe Xrp won't go below 0.30 cents. Lowest possible before prices start moving back towards all time highs.
Xrptrend
Update on convergence point.It appears that Xrp is still following the same trendlines. The convergence is delayed and clearly this could be a last ditched effort in making people sell their treasured Xrp bags. Whatever you do... don't give up and hodl that little bit longer.
Xrp is still trending upwards in these lows and we can see where it's headed. Time is running out for the lllooonnnggg-ass manipulation of Xrp. They can't keep it at these prices for much longer as we can see.
The trend is your friend.. until it's not, but in this case everything is still on schedule.
Don't give them your Xrp!
Update for current Xrp prediction pathway.Obvious from the current drop.. and comparison to my predictions for Xrp that was drawn up on September 29th. My prediction path is slightly ahead of the forecast but you can see it's still rhyming.
It's also noticeable that the huge dropdown wick we just had (probably a bot trade) didn't fall too much past our first initial trendline. It's been a support that's a strong gradual incline since Xrp's inception and so there's no reason why prices will ever go much lower but continue until the next bullrun. I believe this bullrun will begin from February to March so be ready!
New Year price drive!Here I have circled the end of a convergent zone for Xrp which typically will drive the price above 0.50 cents come New Year 2024. There basically will be no room to the downside and initially the potential to the upside is inevitable. Risk to reward comparison is being driven into the green and the sellers will be weeded out. So not much substantial time left for the sellers. No wiggle room left for profit margins in shorts.
So be of good cheer cos this is potentially the last moments (last few months) we'll ever see Xrp under 0.50 cents again.
Amateurs STILL calling 0.22 cent XRP!!Duurrr... the beginners are STILL calling dumbass prices like 0.22 cents! There's a 10 year + wall and we ain't gonna break that! It just not gonna happen so cut it out ya amateurs. Xrp is going to break upwards and retest the ALL TIME HIGH. We don't need stupid calls anymore. Xrp is also at a burnrate over 10,000 Xrp a day. Last year it was 5000 Xrp burn a day. It's doubled and only ever increasing.
Early January & Mid February lowestThe sentiment of Xrp's long-term trend line upwards tells us where we'll be in the coming months. We have the expected low trend, and then we have the actual lowest trends that Xrp has tested over and over.
If Xrp retests these lows in the next 2 months, we should expect the long-term trend line to be higher priced.
Come January 11th, Xrp shouldn't drop below 0.34 cents and come February 23rd, Xrp shouldn't drop below 0.35 cents. Good luck to you all who want to call lower than these prices. The sentiment of Xrp breaking these lows would mean Xrp breaks a 90% drop from All Time High and an 8 year long trend. Something I highly doubt will ever happen.
This line is of great importance!!The bearish noobs out there are telling people like me and you that Xrp will go to 0.28 cents or 0.30 cents, but they aren't experienced enough in crypto.
The same are still calling Xrp Ripple when Ripple is not Xrp. If the 'company' Ripple disappeared tomorrow, Xrp would still exist. It has nothing to do with Ripple when Xrp is fully decentralised.
Now what is the chart telling us? Forget the naysayers. We can see Xrp trend setting the price upwards. By December Xrp most likely will never fall below 0.33 cents ever again.
As I've stated in the past... Xrp is way undervalued. It shouldn't even be below 0.65 cents which is the mean bottom. Now Xrp is in a double bottom position, hence why I'm confident the current bottom upward trendline tells us price action whereby Xrp will never drop below again.
Come 1st December.. Xrp will never drop below 0.34 cents again. Come New Years Xrp will never drop below 0.35 cents again.
We're seeing 👀 history in the making!!
The trend IS your friend!! Jig is up ⤴️Amateurs keep posting 0.28 cents and 0.30 cents for Xrp. In one of my previous posts I have already given a reason why it's very highly likely Xrp will never go below 0.31 ever again. That reason is because of the overall trend setting upwards pathway of the Xrp chart direction. The trend! As well as 0.31 cents BIGTIME support! (See my linked chart.)
The trend is your friend.. until it's not... and Xrp is staying right on course! Don't listen to amateurs who don't understand the tech.. nor the utility and adoption rate. Xrp to tha Moon! Yyooo!!! 🌙 🌚
Ps: Xrp is crazily UNDERVALUED....!
XRPUSDT TrendIn the name of the Merciful God
Today, Tuesday, September 13, 2022
XRPUSDT trend in 4-hour time frame this week
With the breaking of the $0.35 price zone, it is going to fall
10 days in Range mode, 5 days of climbing and now we see the trend falling.
Probably in the next 2 weeks the price will go up to 0.32
And then it will drop to 0.313.
Hoping for good days✌
Linda P Jones 10% of Swift - XRP $1,200- As Linda P. Jones stated Swift settles $1.2 QUADRILLION A YEAR!
- Swift is SLOW, CLUNKY and OLD!
- WHO IS LINDA P. JONES: Responsible for Morgan Stanley Investment Management (MSIM) Institutional funds, mutual funds, and hedge fund sales by Morgan Stanley Financial Advisors in 8 states. Marketed investments to financial advisors and their high net worth clients. Over 25 years of financial industry experience in sales, management, and marketing with various financial organizations.
SEC HAS LOST THE CASE :P- GARY has accepted defeat now lets wait for the settlement before we sky rocket
- But knowing how manipulated these markets are we may see A FINAL CRASH before we go to the upside, the same thing happened in 2017 we saw a massive drop so many people got shaken out and then green light boooom!!
XRPUSDT 1HOURLY NEAR FUTURE PREDICIONSTechnical Analysis Summary
XRP/USDT
TREND ANALYSIS
We have 3 upward trend in white color
The wider the trend the stronger the trend
FUTURE PREDICTIONS
We have many resistanse and support levels that I have mentioned above.
I use thickness as an indicator of stregth of levels (ONLY FOR VISUALS).
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
A nice long play in XRPI like to do this pitchforks in a way that are more accurate historically. as you can see the median line of this pitchfork is toching key levels of price. Price has some tendency to move in a constant slope and respects its past. So i think playing a long here after this last fall is going to be a nice one.
Do not forget to risk manage your trades.
A recommended setup:
Entry : 1.076 (now)
Stop : 0.9
TakeProfit: 1.88
Position Size: 25% of your entire trading account
Ripple Analysis, The market is Bullish Hello everyone, as we all know the market action discounts everything :)
_________________________________Make sure to Like and Follow if you like the idea_________________________________
The XRP price has jumped in the last few days more than 65.43% where we see the price moving from the 0.81479 range to the 1.34375, And the market is showing a lot of bullish signs which could be the push that the ripple needs to go back to where it was last year.
Looking at the chart we can see 2 different scenarios on how the market could move in the next few days :
Scenario 1 :
The XRP price is reaching the first resistance line at 1.37087 if the bulls were able to keep control over the price then a breakout will happen and we will see the price rising even more and it is gonna be headed to the second resistance line at 1.45986 but with a strong push from the Bulls, this could be the push that the Ripple needs to go even further and go back to the range 1.61046.
Scenario 2 :
The XRP is trading close to the first resistance line at 1.37087 where The Bears will be tested, If the bears were able to gain back control over the market action then we could be seeing a drop in price from 1.37 to the edges of the first support line at 1.13180, and that's where a battle will happen between the Bears and the Bulls over control of the market again.
Technical indicators showing this :
1) The XRP Market Price is trending above the 5 10 20 50 100 and 200 MA and EMA (Strong Bullish Sign)
2) The MACD is above the 0 line showing that the market is in a Bullish state, with a positive crossover between the MACD line and the Signal line.
3) The ADX is at 41.70 showing the market is currently trending, With a positive crossover between DI+ (46.52) and DI- (4.76)
Support & Resistance points :
support Resistance
1) 1.13180 1) 1.37087
2) 0.98172 2) 1.45986
3) 0.89273 3) 1.60994
Fundamental point of view :
XRP’s parent company, Ripple was tangled in lawsuit troubles ever since the SEC (the Securities and Exchange Commission) opened up a case against the global payments company. It accused Ripple of offering unregistered securities up to the amount of $1.3 billion, starting in 2013. The dispute, which began in December last year, has really ended up nowhere but has done much to damage XRP’s reputation. In spite of this, its market cap has risen to levels where Ripple can just pay up tokens to settle.
However, one reason why Ripple needs to follow through with the lawsuit has been because of its biggest competitor, SWIFT. The Society for Worldwide Interbank Financial Telecommunication does large-scale transactions across 11,000 financial institutions in more than 200 countries. In order to combat that, Ripple needs to make sure global banks, treasuries, etc., want to work with it. Resolving the case and attaining a compliant status with regulators is the only way. According to Coin Quora
This is my personal opinion done with technical analysis of the market price and research online from fundamental analysts for The Fundamental point of view, not financial advice.
If you have any questions please ask and have a great day !!
Thank you for reading.