What are your thoughts on XRP?XRP / USD 1 DAY CHART
Ripple# XRP / USD
1.06810-0.03505 (-3.18%)
17:25:44 - Real-time Data
1.06592
18:00
20:00
22:00
1.05000
1.06000
1.07000
1.08000
Technical Summary
5 Min: Strong Sell
Hourly: Strong Sell
Daily: Sell
Monthly: Strong Buy
What is your thoughts on XRP?
XRP / USD made an intraday spike up perfectly into 61,8% Fibo. retracement, ideally for wave C of (B)/(2) as expected and we now have a nice bearish setup formation. So, watch out for more weakness in upcoming days that can send the price back to lows within wave (C) or (3).
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Xrpusdanalysis
XRP#XRPUSDT
SHOWED THAT DIDNT WANT TO BREAK THE SUPPORT LINE SO LETS BUY SOME
👑👑 #/USDT 👑👑
Exchanges: Binance
Signal Type: Regular (Long)
Entry Targets:
1) 1.1312 - 10%
2) 1.1179 - 20%
3) 1.0974 - 30%
4) 1.0621 - 40%
Take-Profit Targets:
1) 1.1708 - 50%
2) 1.2208 - 20%
3) 1.3500 - 20%
4) 1.4000 - 10%
Stop Targets:
1)0.9857
CALL OF CRYPTO
XRP Ready to go to ATHsIt is pretty clear now that XRP is ready to have another crazy pump in the short term. Many rumors are swirling that the SEC lawsuit is soon to end meaning that XRP will soon be relisted and tradable in the USA. This could be a catalyst for price point between 5 and 10 dollars for ripple. Do not miss out ;)
XRP is readyXRP looks nice and rested. The stoch RSI is oversold in the 4h, bullish on the daily. Also it has just broke a symmetrical triangle pattern, holding well above. It may retest one more time the 1.2, however i believe the 50 ma will provide great support around 1.22. XRP target is 1.55 with a possibility of a stretch to 1.70. That is a good 37% gain. Obviously always look at BTC to make sure the market is healthy.
XRPUSD: Time for Support ClearanceBreak and re-test created key structure acting as support.
However, this level left a zone of equal lows that is likely to get tackled at some point in the near future.
I expect significant retracements if we can hold below this last high created.
I have annotated the chart with my predictions.
Let me know what you think in the comments.
XRP Bull Flag Forming, Targeting $2.20 Short TermYes I know, in my previous post concerning XRP I discussed a bull pennant formation forming on XRP.
That pennant officially broke down instead of up, which is always possible in any triangle formation.
However, now we seem to be forming a bull flag, which is essentially the same end result when it comes to how to measure price targets from it.
If we get a breakout UPWARD from the bull flag, expect a price target of at least $2.20 short term.
I believe this will continue higher if achieved, as XRP will be surpassing its high on the year of right about $2.00 even.
Another thing to note, we also technically closed August 27th with a bullish engulfing candle as well, which will play in favor for a breakout.
If we break down instead, expect strong support around the $0.83-0.84 cent range.
ONCE AGAIN, unfortunately all of this will still depend on if BTC dumps.
The correlation still exists at the moment, but I bet we see a decoupling for most crypto within a few years.
The SEC lawsuit coming to a close will send this thing flying, so it is extremely risky to not be in, in my opinion!
- CA$HLESS