Falling Wedge and Triangle Formation. KEY LEVELS!Many has mentioned a breakout to higher targets, Yes there is a huge triangle on the 1 hour chart, but there is also a "hidden" wedge present.
We are most probably going to get a retracement to the levels showed in the chart.
Remember, already in 2018 the Sweedish Central Bank had moved liquidity worth over a 1B SEK via Ripple.
You really think they do not know what they are using?
Have a great day, and good luck :)
If you want to educated yourself : www.youtube.com
Xrpusdforecast
XRP 1D Good growth, time for correctionOver the past two months, we have published two ideas on Ripple
First, there was a global idea, which now reaches the global goal with a result of + 250-300%
And two weeks ago, they published a short-term idea of XRPUSD, which fully worked out.
Well, it's time to take profits.
Broadly speaking, XRPUSDT longs will be fixed in the $1.10-1.25 zone.
If you want to take risks and have the opportunity to follow from price, then you should carefully monitor the behavior of the XRPUSDT price in the zone of $1.20-1.25
It's time for such a strong growth to be corrected, and the best level for correcting the XRPUSD price will be $0.72-0.74
_____________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
Its about time! I've been holding XRP since November 2017 whilst continuing to buy more along the way. Its been extremely hard to keep the faith during its very long period of capitulation. It currently forms 2/3rd of my speculative portfolio which shows my high conviction but also the fact that i am overly exposed to this crypto asset.
I've always been focused on the utility of the token with the end game being institutional adoption. Right now Ripple may have lots of partners who have signed up but i don't think that we have even seen a drop in the ocean when it comes to institutional adoption. I'm hoping that XRP goes to $17 - $18 within the next 12 - 18 months, however, why wouldn't it go to $50 000 - $500 000 per token once there has been:
Large scale institutional adoption.
Regulatory clarity in the US.
Complete deployment of all the XRP that is held in escrow.
More decentralized validators secured around the world.
lastly a household change in sentiment around XRP and its use case. Its such a hated crypto asset at the moment.
It may take another 10 - 15 years before all theses points can be addressed, however, as long as it reaches those insane numbers, it doesn't matter if it taken 2 years or 15 years.
The trading signals suggest that XRP may be overbought and in need of a healthy correction. Having studied the trading signals of different cryptos during their parabolic bull runs, these signals can become fairly useless as large amounts of capital flow into the various crypto assets. when bull runs happen in cryptos you simply buy and hold. If the crypto token corrects after a meteoric rise, don't panic. look to the end game.
Please like and follow for daily posts on various asset classes. Please also share your views on the trading ideas and whether or not you find them to be of any value to you as a trader.
Please note that cryptocurrencies are speculative assets which carry a very high degree of risk and any speculation in such assets can result in a complete loss of capital. This idea is shared for educational purposes only and should not result in speculative decisions in any digital asset.
XRP/USD LONG SET UPTitle: XRP/USD BUY LIMIT
Asset: Crypto
Symbol: XRP/USD
Type: market execution/Buy Limit
Time Frame: 1D
Entry Price 1: 0.55740(Active)
Entry Price 2: 0.50740 (PENDING)
Stop Loss: 0.45740(1000 pips)
Take Profit 1: $0.65740 (1000Pips)
Take Profit 2: $0.75740 (2000 Pips)
Take Profit 3: $0.85740 (3000Pips)
Take Profit 4: $0.95740 (4000 Pips)
Take Profit 5: $1.05740 (5000 Pips)
Status: 🏃🏽♂️Active🏃🏽♂️
---------You Can enter a partial entry now
**Support**
-$0.55780 (Major Support)
-$0.51280 (Major Support)
-$0.41280 (Major Support)
-$0.36460 (Major Support)
-$0.30250 (MajorSupport)
**Resistance**
- $0.51280 (Minor Resistance)
- $0.63780 (Major Resistance)
- $0.76000 (Major Resistance)
- $0.86280 (Major Resistance)
- $0.96280 (Major Resistance)
- $1.00280 (Major Resistance)
XRP: My long-term dreamThis is just a fun chart for sh#ts and giggles.
What if you wake up in 14 months time and XRP has hit $100?
What if you wake up in 2030 and XRP hits $300 000?
I check XRP 4-5 times a day every day but i should be thinking of XRP in 2025, 2030 and 2035. Crypto isn't a 3 - 5 year story its a 10 - 15 year story.
Please like and follow for daily posts on various asset classes. Please also share your views on the trading ideas and whether or not you find them to be of any value to you as a trader.
Please note that cryptocurrencies are speculative assets which carry a very high degree of risk and any speculation in such assets can result in a complete loss of capital. This idea is shared for educational purposes only and should not result in speculative decisions in any digital asset.
XRP is about to blow up!Here are my thoughts about where XRP is going next.
The initial idea I have published last year got delayed due to the SEC irresponsible and soon to be proben wrong actions. Nevertheless, the chart still looks bullish respecting the initial EW count expecting to see the 3rd one to continue in a very explosive move. After the initial move to $0.75 - $0.80 area back in December the MACD had reset to zero and there's a lot of room to the upside. The price of XRP has been consolidating for about three months in the $0.25 - $0.60 area and a second attempt to break the $0.75 - $0.80. Once the break will happen, then we will see a rapid move to $1.25 - $1.35 and a continuation toward the ATH and past that. Personally I am expecting XRP to top EW 3 around the $13 - $14 area , followed by a corrective wave 4 and a then a flow off top around $20 -$22.
As we are looking at the weekly chart, one can argue that the price has been consolidating now for the past three and a half years since the $3.80 ATH and usually, the longer the consolidation lasts, the more violent the breakout will be.
As always, good luck and make sure you don't over invest in any markets and you are comfortable with the risks taken. My ideas are not investment advice but only my opinions and analysis on these charts.
XRP/USD LONG Set Up (HODL) Title: XRP/USD BUY LIMIT
Asset: Crypto
Symbol: XRP/USD
Type: market execution/Buy Limit
Time Frame: 1D
Entry Price 1: 0.41600(Active)
Entry Price 2: 0.40600 (PENDING)
Stop Loss: 0.38600(300 pips)
Take Profit 1: $0.44600 (300Pips)
Take Profit 2: $0.5740 (600 Pips)
Take Profit 3: $0.63740 (1200Pips)
Take Profit 4: $0.67740 (1600 Pips)
Take Profit 5: $0.71740 (2000 Pips)
Take Profit 6: $0.75740 (2400 Pips)
Status: 🏃🏽♂️Active🏃🏽♂️
---------You Can enter a partial entry now
**Support**
-$0.41280 (Major Support)
-$0.36460 (Major Support)
-$0.30250 (MajorSupport)
**Resistance**
- $0.51280 (Minor Resistance)
- $0.63780 (Major Resistance)
- $0.76000 (Major Resistance)
- $0.86280 (Major Resistance)
XRP/USD - BEARISH Trend startedXRP tried to break the ascending triangle that was within the range but failed.
After that, the market did not find support on the bullish trend line and broke it, with confirmation that the range had resumed.
But with continued downtrend and confirmation of price decline and breakout of range support, we can expect a downtrend until strong support is reached.
Price targets:
Target 1: 0.40
Target 2: 0.36
XRPUSD - WaitingHello dear traders & hodlers,
Looking into daily TF, we are back into actions.
Am just sharing my TA today. Less chat. XD
Chart can be drawn, analysis can be made. DYOR!
Have a good day and good trading, all the best!
"No one is born a great trader, One learn from trading"
Information provided is only educational and should not be used to take action in the market.
next up... xrp to 0.78Looking at the daily chart, the flag is closing and the next resistance looks like it's around 0.78usd. The volume is picking up and looking promising! So, unless BTC has a correction and pulls xrp and other alts down with it I'm expecting a nice rise. Hopefully, we are able to gain some more bullish momentum before that happens. Nice to see that the SEC case hasn't affected the price too much (minus the obvious manipulation and suppression). I actually expected to see a lot of FUD prior to the 22nd but clearly, that isn't happening. Also, congrats to those who are expecting to receive some Spark Flare. The predicted price based on the IOU's is looking amazing!
XRP rally towards new ATHI wanted to share my thoughts about XRP short term and long term movement. To sum it up, we are bullish AF. This coin scamazed investors twice already and shook many people out and now the coin is unappealing to trade...or is it??
I couldn't give a crap about a court case or any bad news because, as the saying goes "show me the charts and I'll tell you the news". And currently, XRP among many other alts is looking like it's about to start an insane, unimaginable bull run (not financial advice :D).
Looking at the 4H timeframe we are in a strong up-trend and have found support on the 21 EMA. If you ask me, it's go time. It was weekend so volume is lower but in the next few days I expect increased volatility and hopefully we will soon finally see what altcoins are capable of. In those market conditions all technical analysis can become useless, I've literally seen coins go x10 in 2 weeks and I'm not in this market for anything else than that!
Even if we get rejected here, the long-term picture remains bullish. I just have a feeling we will see extreme market behaviour very soon.
Anyway, just thought I would let you know what I'm thinking in terms of XRP and other cryptocurrencies which have not done much compared to Bitcoin.
I wish you all successful trading and if you wish to learn more, upvote the post and follow me, it means a lot!
XRP to $1+ very soon What's up guys! XRP looks like it's heating up for one of the biggest rallies we've seen in a while. My previous analysis took a little longer than I anticipated but my short term targets of 44 cents were absolute smashed! As you guys can see, most of the people who were scared out of XRP due to the SEC news have already been shaken out of the market and the sentiment on XRP has become very bullish. While there was a parabolic move upwards prior to the alleged XRP pump to be done on February first, the price action we are seeing now is indicative of a long term and much more sustainable bullish rally. We spiked to around 75 cents prior to the alleged and saw a sharp correction soon after. XRP was able to hold strong support around the 35-36 cents level and has since been trading above 40 cents and even reached a high of 64 cents. However, this time appears to be different than the attempted pump. We are creating higher highs and higher lows on the 1 and 4 hour timeframes. Seeing some pullbacks in this upward movement is key to understanding that there is a sustainable breakout that is imminent. On the daily timeframe, I have realized that XRP is on its way to complete a beautiful inverted head and shoulders pattern. I am expecting the market to complete the right shoulder at the zone around .45566. It is also a perfect .618 retracement to the golden zone from the previous swing low to the next swing high. After the completion of this pattern, I am expecting an explosive move to $1+ because once we break the zone of resistance from 75-78 cents, we're on a clear path to $1+. There has also been a lot of positive news circulating that ripple and the SEC may be getting closer to a resolution, and if this news comes out it will only magnify the bullish movement we are about to see on XRP. I already have my bags packed around the 20-30 cents range for my personal holdings of XRP and have open swing trades open from around 24-26 cents and 39-41 cents so I personally won't be making any more moves on the completion of this pattern, but it may be a great opportunity for anyone else looking to get into XRP for trades or personal holdings in general while it is still sub $1. I understand that XRP may even take off without completing this pattern fully, but I am just sharing my analysis on where I believe it is most likely to bounce off of. All I gotta say is strap up and get ready bois because we're going on a moon mission and definitely breaking all-time highs this market cycle!
Symmetrical level holding well expect upside moveWith XRP holding strong above a previous symmetrical level that once pulled price back temporarily in the past, I am looking for a move straight up to the .68 or .69 price level. At that point it is due or die on making it past that resistance to the .80 mark.
But the level I am watching closely at this time is price maintaining above the symmetry line. :)