Xrpusdsignal
Ripple- Approaching strong resistanceLike all the crypto market, also Ripple has had a strong and nice rally.
However, at this moment, XrpUsd is entering a strong resistance zone and a correction could follow.
0.77 and 0.71 are support and these are the points of interest for buyers.
Short term speculators also can trade on the short side with these as targets
Ripple is approaching sell zoneAfter the double bottom from around 0.5, XrpUsd has risen nicely, gaining almost 0.25 usd
Now the cryptocurrency is approaching 0.8 which should be a strong sell zone and technical resistance
Rallies to that zone should be sold for at least a correction to 0.7 now support
The Final and Only XRP Technical Analysis You NeedHello boys, it's been a great journey posting ideas here since the correction in May, but sadly this will be my last post. If you have been following me, then I hope you've been taking advantage on my warnings of these dips I've been indicating for months, for this is once in a life time chance. Let's not be sappy and I will give you my final play by play expectations on what will happen in the next few days, but remember none of these are financial advice.
Next week, on the 28th, the FED will make a decision about the current monetary policy and interest rate of the current market that will most likely affect both the stock market and the crypto market along with it.
It's most likely that they will mention about the possibility of tapering and hiking the interest rate base on the CPI data that was released earlier this month that sent the stock market and crypto market down. Which will force companies to turn to the dollar since if the interest rate/tapering happens then asset classes will be hugely affected. You can look up the inverse correlation of the US dollar and the crypto market for yourself. To put it in simple terms, if the dollar goes up, crypto goes down. Companies and most big players already left different markets (including crypto) and the only people who are buying are the retail traders and hedge funds. If you're following whale wallets in the past few days you can see that a lot of them are pulling out their cash outside of exchanges and injecting coins back to the market from their cold wallets. Anybody that tells you that institutions are buying are only shilling the coins otherwise.
As expected and what I mentioned from my posts before, BTC is beginning to rally to the upside in anticipation for the biggest sell off we'll be seeing in the crypto market that will send BTC down to 12-19k area. I can see it rallying all the way towards the 35k-38k area and staying there until Monday until we start to see the stock market make their movement in anticipation for the Fed's announcement on the 28th of July.
There will be consolidation and bouncing around 28k, 24k, and 19k before having the final dip towards 12k area which will likely be in September. Why September? Because after major market corrections, the U.S. House of Committee usually have meeting about policies for the FED, but on the month of August they only have two week session before going to a break until September. So I expect a dip to 19k then see a rally to 28k area as a major fake out in the month of August, then dip to 12k around the beginning week in September.
Who knows, maybe if the market do crash and we see a temporary fix by the government and the Fed, that will be the catalyst of BTC to go for the next leg of the bull run. I would be expecting it to happen in December 2021/February 2022 at the latest. But that's too far for anybody to try to predict what will happen.
I'm sorry I couldn't give you the entire details on how I got these informations but if you follow the stock market, crypto wallets, federal news and different sectors and their movements, macro economics and cyclicals then you'd get the point. The market will do what the market have to do.
Be safe trading!
ciao
The Only XRP Technical Analysis You NeedLike what I predicted in my past few TA's, crypto and the stock market is trending towards the downside both in respect to other markets (bonds) and the FED's sentiment (inflation). BUT, as bearish I've been with my past TA's and things unfolding to the downside, I want to give a quick update and share what the next moves could be. Remember this is not a financial advice.
I'm still leaning towards BTC going down to 12-24k, but with how things are unfolding, I'm beginning to think there will be a set up for both bull and bear trap before going down to the indicated targets. I would not be surprised if we get a rally towards 40-50k before heading down to 24k. I would assume both exchanges and whales will attempt to liquidate both long and short positions. According to my BTC chart and my stock market charts, I'm expecting to see one more leg up for BTC before going to the downside. So be careful if you're thinking about having a short or long position. In the past, whales have been able to manipulate the market and increase the price by 20-30% in a matter of hours, and bring it down as quickly too. In the past Tether printed more USDT and bough bitcoin with it, few days later Tesla and Elon announced that they're buying bitcoin which prompted a rally towards the 60k btc. I've been tracking both whale wallets and different crypto exchange movements, and they have been printing more USDC and USDT, while also injecting more coins in these crypto exchanges. Be very careful.
xo
The Only Technical Analysis You Need: Emergency Update!!!!Be fear not, if you've been following me on my TA then these dips are expected. But let me tell you the rational behind the market right now to give you some peace of mind and some idea of what might happen next.
Like I said before, Alt coins are correlated to Bitcoin, and Bitcoin is correlated to the Stocks market.
You cannot make TA about XRP while disregarding Bitcoin and the stocks market. If the stocks market go down, so will BTC, and so will XRP.
Now why are we dipping? To put it in simple terms. The stocks market is reaching its peak and is becoming more unstable as it gets higher therefore the expectation is that there will be huge incoming correction for Dow, S&P, and Nasdaq. Everyone is pulling out their money in different markets, including the crypto market, to protect their assets and investment from this anticipated correction.
The dip you're seeing now was partly the result of the CPI data (inflation report) that came out this morning, which reported a spike in inflation, therefore sending the stock market into panic. But the most important part was the Bond Auction data that came out later in the afternoon today, at 1pm exactly which is now sending the market even deeper.
Now here's the play, when inflation goes up the FED usually raises the interest rate, and when the rates are high, the bond goes down. The bond market is going down, taking all of the market with it, in anticipation for the FED's chairmans testimony tomorrow at 12pm. IF the chairman says anything about inflation and the rates, perhaps that will be the catalyst for the stock market correction and the crypto dip we've been anticipating since last month.
If that happens, then according the indicators we'll be expecting a 5-15% correction of the stocks market, and I'm expecting it will be even worse in the crypto market, perhaps the biggest dip this market will ever see so far during a bull run. If not then there's a possibility that we will have a major fake out all the way to 40-50k BTC before going down to the target I've indicated. This dip will not happen in a day but perhaps gradually. Now I'm not here to spread FUD or anything, just relaying these information like I've been doing since the beginning. It's completely up to you what you want to do and this is not a financial advice.
stay safe trading everyone
xo
Ripple is pressing supportAfter the recent drop to 0.5, Ripple corrected to 0.75, but has started to fall again, making lower highs and the recent price action is resembling a descending triangle.
0.6 is the base of this triangle and a drop under looks imminent.
Short therm traders can target 0.5 support
The Only XRP Analysis You NeedIt's possible they will do one last fake out (.71-.80~ area) before we dip to .44-.30 area where we will most likely consolidate for the next few months.
When we do dip to the next consolidation area, expect the shills to go on full bull run mode saying that the correction is over. DON'T BUY THEIR B.S.
XRP is correlated to BTC. Sorry folks the narrative about decoupling is still few years from us, so for now we stay with what's true. If BTC goes down, so will XRP. Now about the other catch. BTC is correlated to the stock market. If S&P and Dow even make a 4% correction, expect BTC and the entire crypto market to plummet. Every indicator right now is pointing towards the stock market having a major correction, perhaps more than 4%, in the near future. Maybe even the next few weeks. Which is the switch I'm looking for to send XRP down to my targets.
The three targets I have on the chart are .21, .16, and even .10 cents per XRP.
These targets will be where the whales are waiting so I expect these to be quick wicks that will last no more than 30 mins to an hour before we go back to the consolidation area.
The longer BTC consolidate on the 30k area, the higher the chance that we will plummet to these expected targets.
XRPUSD Longer Term Bull Still ValidThe price of XRP is indeed a 45% increase engineer from June 22 to high June 29 but does not meet the impulsive recovery criteria because the volume is not impressive. Today's damage from the bearish flag pattern reflects the corrective temperament rebound. It has increased the chances that Ripple will be damaged under $ 0.650 and targets the Fibonacci retracement level of 78.6% of $ 0.555 and potentially low June 22 for $ 0.512. We are going to open a long run from 0.60 cents and will keep hold tight. We all know that Ripple was the world's 3rd largest cryptocurrency, but now it's holding number 7th.
The Only XRP Technical Analysis You Need: EMERGENCY UPDATE!!I keep seeing YouTubers "technical analysts" post day after day announcing "bullish signal breakouts" only to post "we failed to break the resistance/target" videos the following day ever since the predicted crash happened in May.
So, let me tell you straight up about the game that's being played here.
They're manipulating you. STOP BUYING THE SHILLS.
THERE ARE NO INDICATORS RIGHT NOW SAYING THAT BITCOIN IS IN A REVERSE TREND.
SO THE ONLY TREND RIGHT NOW IS DOWN. ANYBODY WHO SAYS SO ARE ONLY MANIPULATING YOU TO ELIMINATE COMPETITION WHEN BITCOIN DIPS DOWN TO 20K.
-The price is all below moving average = BEARISH
-Head and shoulder pattern = BEARISH
-The RSI haven't even put any reverse trend signal and still have some space on being oversold = BEARISH
-Blood Diamond pattern forming = SUPER BEARISH
-MACRO AND MICRO downtrend pattern = BEARISH
-Elliot wave still aren't complete for the 5th wave downwards = BEARISH
YES. YOUR FAVORITE YOUTUBER CRYPTO ANALYST IS MANIPULATING YOU. AND YES, THEY'RE PAID BY THE MARKET CREATORS WHICH ARE THE CRYPTO EXCHANGES.
They will shill these coins as bullish to make you buy in at 30-38k BTC range to trap you into spending your money over these false breakout and advice you to buy these 30k dips masking it as "dollar cost averaging advice" so when the real dip happens you'll be out of spending power and that they will have no competition in buying these 90% off sale Alt coins when BTC dumps to 15-20k. Which they will then later shill to you as bullish when they start spiking up the prices for retail traders FOMO kick in.
BTC will go to 20-24k range and possibly lower and it will drag the entire market down with it, I guarantee you. Be patient and don't play their game.
The Only XRP Technical Analysis You NeedBE CAREFUL ON JULY 5TH, it's almost guaranteed at this point that BTC will test the 20-24k area and also it's possible it will retest the previous all time high of 19k of the previous bull run. We could see BTC try to test the 37k area then continue to go down afterwards.
There will be a few day bounce on the 27k before heading down to 19k-24k range. Then the bull run will proceed after that.
xo
XRP, Ripple - 2 local entry points for coin.Take a look at whereI see two options for trading:
1. We have a local low at 0.5691. If we touch it several times and start trading near it, the chance of breaking down is very high. The entry point after the breakout and retest of the support line.
2 . We have a local resistance line. I'll consider it for a breakthrough in case of a squeeze to the level. If it happens, I'll enter after the breakout and retesting accordingly.
Write in the comments all your questions and instrument analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Ripple- Next target 0.4?As expected, XrpUsd has broken 0.8 support and now is trading at 0.75
My outlook for the crypto market remains grossly bearish and I expect Ripple to reach 0.4 in the next wave of selling
0.8 is now resistance and rallies to that zone should be sold
Only Ripple above 1usd would put a pause on this outlook
XRP,Ripple - first target - done✅. Second target - in what case❓As I said 2 days ago, the price planed to go to 0.8 zone. It happened. Congratulations. If the price starts squeezing to 0.79, only, in this case, I'll buy. Sure, we must control the situation with BTC. Unfortunately, the BTC now sets the movement of almost the entire market.
Write in the comments all your questions and instrument analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Monday: RIPPLE PART 2 - week 23Ripple is not really going anywhere, it just keep correcting. The structure is making flat-structures, but they are all very short-term setups, and to take advantage of these opportunities it's all about timing, and being able to enter and exit positions quickly and swiftly. It's hard to update these trades and ideas in real-time here on tradingview, but if you understand market structure, then you understand how to adapt and identify to the market structure scenarios unfolding and you know how to take advantage of them.
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
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RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
Monday: RIPPLE - Week 23I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
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SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.