XRP: Journey to the Moon as Non-Security Status Opens the SkiesIs the Second Technical Breakout Imminent After XRP's Non-Security Declaration?
Currently, we find ourselves at a crucial technical level on Tuesday. The 4-hour MACD suggests a bullish outlook, with a potential bullish divergence supporting the breakout towards the target at 1.5 dollars.
Xrpusdforecast
Can XRP reach $35+The top chart shows XRP market cap whereas the bottom chart shows XRP/USDT.
According to the trend analysis of XRP market cap, its highly likely that the peak will be somewhere around $1.3 TRILLION if flippening happens (overtaking BTC as the biggest crypto by market cap at the peak of the cycle).
Last flippening happened during 1st Jan 2018 when XRP became Rank 1 by market cap.
$35 derived from the percentage gain of the market cap sounds hypothetical because billions of XRPs are being released from escrow account to increase the supply, which is controlled by consensus.
In such scenarios the best possible thing to do is to observe the market cap.
Once market cap reaches $1.3 Trillion or 1.618 blue line of the fib channel, you can exit.
These are just my views on XRP token.
In the above statements, the term "market cap" refers to XRP market cap only.
Do your own due diligence before taking any action.
What is your target on XRP?
Do share your views as well.
Peace!!
XRP Should consolidate and pump to target It is currently facing the horizontal resistance on 1W TF. It is looking strong after the breakout of the symmetrical triangle and the ascending triangle.
It will follow the bullish path after the breakout of the weekly horizontal resistance. If it takes some correction then the lower marked horizontal support is a decent zone to accumulate.
A mere possibility for it to touch on the lowest is 0.51 but with the news and the accumulation it has lesser changes to do so. The target remains same 1.20-1.33 as the target for XRP>
XRP: The Ripple Effect of Opportunity!Today, I have some thrilling news to share that will surely make your heart skip a beat. Brace yourself for the Ripple Effect of Opportunity with XRP!
Now, let's dive right into it. You may have heard whispers in the crypto community about XRP's recent legal status. Well, I'm here to put those rumors to rest and spread some joyous tidings. XRP is NOT a security!
Yes, you read that right! The Securities and Exchange Commission (SEC) has lost so that XRP is not classified as a security. This monumental announcement has sent shockwaves through the market, igniting a rapid surge in XRP's value. And the best part? We're just getting started!
The beauty of this groundbreaking development is that it has unlocked a world of possibilities for us, the XRP enthusiasts. With the cloud of uncertainty lifted, we can now seize this golden opportunity to ride the XRP wave and make some serious gains.
So, what's the call to action, you ask? I encourage you to take advantage of this moment and immediately place your XRP market orders. Quick returns are within your reach, with the market poised for exponential growth. Don't miss the chance to capitalize on this exciting turn of events!
Remember, dear traders, opportunity knocks but once. The time to act is now! Let's ride this wave of positivity and embrace the immense potential of XRP. Together, we can make our dreams of financial prosperity a reality.
XRP Faces Rain ☔️ BTC & Altcoins Bullish Potential? 🐂While the crypto summer shines bright for most ☀️, XRP finds itself under rainy skies. 🌧️ This indicates a bear market 🐻 and a downward trend. 📉
ATTMO's short-term and one-week forecast predicts a slightly bullish market for Bitcoin and most cryptocurrencies, signaling upside potential. 📈✨
Stay updated with our crypto weather reports and follow us for more insights!
Bullish For XRP - Take A Look For A Second Opinion My perspective of XRP is generated through the knowledge and concepts acquired over the years, look within the lines to breaking down a pair and do listen, as at the end of the day you do "pay" attention - so please seek reward from your investment
Over and out - Ill see you on the next recording
XRPUSD 4June2023although there is an unresolved problem between Ripple & SEC but by looking at the current XRP price, it could be a positive sign if the results that will come out later will be in favor of Ripple. if this bullishness can last, there is a strong possibility of forming wave 3 after the price rises higher than wave 1. I see that the market is a form of human psychology, it could be a promising start to take XRP positions for the long term.
How XRP gets to $11 - It's just MATH 📈Hi Traders, Investors and Speculators of Charts📈📉
In today's post we're going to take a look at future potential prices for XRPUSD / XRPUSDT . Things are going to get very technical as this will require a lot of math - we're not just guessing or making up numbers here, and I want to prove this to you by taking you through the process of future speculation step by step. Things we'll be considering includes:
👉 XRPUSD LOWS and HIGHS for a specific period*
👉 BTCUSDT LOWS and HIGHS for a specific period*
👉 XRPUSD increase for a specific period*
👉 XRPBTC increase for a specific period*
*the time period we're looking at will be THE SAME across XRPUSD, BTCUSD and XRPBTC . This period is the weekly timeframe starting from Mon 4 DEC 2017 until Mon 1 JAN 2018. We'll be using Bitstamp USD charts to make sure the price percentages are related.
⭐ BITSTAMP:XRPUSD ⭐ BITSTAMP:BTCUSD ⭐ BITSTAMP:XRPBTC
Let's start by taking a look at the XRPUSD highs and lows during this period:
THUS, During the weeks of 4 DEC 2017 - 1 JAN 2018, the price of XRP increased from &0.19776 to $3.33063 . This results in an XRPUSD increase of 1585.41% exactly .
During this time, the XRPBTC price went parabolic. Let's look at it here: I had to cross check it on BITFINEX BITFINEX:XRPBTC , because the lows on Bitstamp seems bugged, (def not 0.000001) :
THUS the XRPBTC price increased by 1823.15% exactly.
NOW, Let's look at the BTCUSD prices during that period. Again looking at the weekly candle closes. ( Please ignore the other numbers on the chart, that was part of another analysis, we're just looking at the candle lows and highs here):
THUS:
The BTCUSD price was $10850 when XRP was on $0.19776, MON 4 DEC 2017.
The BTCUSD price was $17235 as XRP was on $3.33063, MON 1 JAN 2018.
To make sure we're still on the same page, the parabolic jump on XRP happened between the weeks of Mon 4 DEC 2017 and peaked on Mon 1 JAN 2018.
AND FINALLY, we're heading towards the calculation. We want to know, what could the price of XRPUSD be in the future if such an event were to occur again, where XRP gains against BTC like it did during Dec 2017 - Jan 2018. We can use multiple entry prices for BTC and XRP, but let's start with BTCUSD on FWB:25K and XRPUSD on $40c (slightly lower than recent prices) :
🔰🔰🔰
Current BTCUSD price: $25,000
Current XRPUSD price: $0.40
XRPUSD gain: 25865%
XRPBTC gain: 1823.15%
To calculate the future potential price of XRPUSD:
Calculate the future price of XRPBTC:
XRPBTC future price = XRPBTC HIGH * (1 + XRPBTC gain)
= 0.00002298 * (1 + 1823.15%)
= 0.00002298 * 19.2315
= 0.00044187 BTC
Calculate the future potential price of XRPUSD:
XRPUSD future price = XRPBTC future price * BTCUSD price
= 0.00044187 BTC * $25,000
= $11.04675
THUS, if a similar scenario were to happen again with BTC at $25,000 and XRP at $0.40, the potential future price for XRPUSD would be approximately $11.04675.
🔰🔰🔰
SCENARIO B, JUST AS EXAMPLE : Let's use different current prices for BTCUSD and XRPUSD: We'll take a look at the prices for XRP and BTC when BTC made it's ATH of SWB:69K :
🔰🔰🔰
Current BTCUSD price: $69,000
Current XRPUSD price: $1.23079
XRPUSD gain: 25865%
XRPBTC gain: 1823.15%
Calculate the future price of XRPBTC:
XRPBTC future price = XRPBTC HIGH * (1 + XRPBTC gain)
= 0.00002298 * (1 + 1823.15%)
= 0.00002298 * 19.2315
= 0.00044187 BTC
Calculate the future potential price of XRPUSD:
XRPUSD future price = XRPBTC future price * BTCUSD price
= 0.00044187 BTC * $69,000
= $30.41303
THUS, if a similar scenario were to happen again with BTC at $69,000 and XRP at $1.23079, the potential future price for XRPUSD would be approximately $30.41303 .
🔰🔰🔰
💭FINAL THOUGHTS💭
I'm using the cover Fibonacci Retracement from a macro perspective (ATH till ATL) to just look at the Fib Extensions for interest sake and to see if anything overlaps. Notice how $11 is at the 3.618 EXACTLY. This is the kind of confirmations that holds weight, considering how valuable the .618's are when looking at Fibs. It's important to note that I'm not saying this is going to happen overnight . I'm not saying rush in and buy now . As you all know, I believe in the fundamental arguments for XRP altcoin, I've made many many videos about it in the past which you can go look up. This is simply using past occurrences to speculate a future potential outcome in a way that holds much more weight than just guessing - by using actual data from past occurrences.
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Are you ready for the next leg of $XRP?Hi Guys!
Im baaaaaaaaaack!!!
Bearmarket is over! and I will start to make ideas again!
Anywayssssss!
Lets get back on XRP
Will make this short analysis
Based on the chart, XRP is currently is consolidating in this Huge Ascending Broadening wedge and currently lookslike bounce on the support of this wedge and aiming to get the second leg for this wedge tapping the Resistance pertaining to the upward arrow.
Goodluck
Trade responsibly!!!!!
XRP/USDT: Profitable Swing Trade PotentialThe current price level of XRP/USDT has caught my attention, and I believe it presents a conservative entry point for a swing trade that could be profitable.
Let's analyze the daily chart, where the RSI indicates oversold conditions and the MACD indicator is on the verge of a bullish crossover. But that's not all! Another significant development has unfolded: XRP has established a strong support level near the 0.618 Fibonacci Retracement. This measurement encompasses the price movement from March 13, where it reached a low of $0.34, to the high of $0.59 on March 29.
Despite my reservations and aversion towards XRP, I must acknowledge that the compelling factors cannot be ignored. The enticing buying signal that is emerging has the potential to result in a profitable and conservative swing trade.
Ripple XRP price still in a growth trendIt would be nice if XRP buyers could keep the price above $0.44-0.45
Fulfilling this condition will be a good confirmation that buyers are strong and full of energy to push XRPUSDT price higher, at least to $0.75-0.78.
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XRP LONG TERM ANALYSIS I am an xrp investor for a long time and sometimes hearing some other investors from the community that only use trendlines or chart patterns sucks. So, I tried applying elliott wave since 2017 to 2018 at xrp's first motive wave and I noticed why xrp did not had an all time high since 2021 than bitcoin and ethereum. I reflected from the chart and saw a corrective wave and I think xrp will go even lower than $.10 as a possible retracement. But after this correction I still think xrp will go even higher, xrp's candlestick may look low on its price action but it can still perform an impulsive wave, I mean really impulsive.
Not financial advise, always do your own technical analysis and research.
🔮🔥XRP - Critical Levels to Watch🔥🔮What's up traders!👋
In today's breakdown, we cover one of our favorite altcoins in XRP.
Let's cut right to the chase and dive in...
CHART KEY:
Supply: 0.523-0.529 (red zone)
Demand: 0.492-0.501 (green zone)
Other key levels: 0.511-0.514 (grey zone)
XRP has clearly slowed down since our last analysis on it and has been trading inside this channel between ~0.49 and ~0.53 this whole week.
Our original plan of avoiding any substantial downside play is still valid since we have continued to hold demand around ~0.49
The true risk to reward remains on the upside still with demand at 0.492-0.501 holding up. We would need supply at 0.523-0.529 to be broken for a high conviction / big move.
However, shorter term short plays are valid now that we have identified this channel and seen the strength of it - all we need to do is be cautious of shorting into demand and longing into supply until either of those levels are broken with conviction.
We are currently trading in a key zone between 0.511-0.514. We need to be cautious of this zone if we're bullish and cautious of demand below if we're bearish.
✅ Bullish Case: you want to see price break past this 0.511-0.514 zone, pull back into it, show that it will hold this level and find strength here for a move past or into supply at 0.523-0.529 again.
Or you want to see price pull back into demand at 0.492-0.501 again, support build up again for a move back past or into this ~0.511 zone.
The big upside play would be to wait for supply at 0.523-0.529 to be broken and have it become new demand if it pulls back and finds support there for possibly a big move into the highs from a couple weeks ago.
🟥 Bearish Case: you want to see price reject this 0.511-0.514 zone, pull back into it, show that it will hold resistance here and find weakness for a move back into demand at 0.492-0.501 again.
Or you want to see price approach supply at 0.523-0.529 again and reject for a downside move.
The big downside play would be to wait for demand at 0.492-0.501 to be broken and have it become new supply on a pull back.
So what do you think? Where is XRP headed? Boost and comment your thoughts below!
We'll see you in the next one
-The AlgoBuddy Team
XRP Triangle Break Out ? Will It Go Up?🙄🤔XRP Triangle Break Out ? Will It Go Up?🙄🤔
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Ripple XRP price is trying to grow. How long will buyers last? While almost the entire crypto market is trying to correct and prices are falling, the XRPUSDT price is trying to grow.
Well, XRP buyers can afford the growth now, given the fact that in the previous months, while the entire market was growing, and some assets even made +Xs, the XRPUSD price did not fall at least)
That's how they are "crypto-anarchists" who believe in Ripple)
But seriously, the first resistance from above is near $0.415
And if we look at the XRPBTC chart and the room for growth
We can assume that the XRP price will be able to reach $0.50 in the near future.
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