Xrpusdtlong
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 - The way to the moonI know these last month everyone was disappointed with XRP! But I have a surprise package here , if you look at the chart the purple route is the way that xrp can go up, actually, I believe after a big fall we need reverse head and shoulder or double/triple bottom to jump and recover half of the way. and then we have the option for the flag and Eliot channel to recover the rest of the way. now what I see here is a double bottom. in the next post, I will should you what I expect from this move, and why I believe xrp might never see this price anymore. ;)
In my charts :
red : stoploss
green / purple / blue targets for ideas
orange : entry point for long
XRPUSDT - a PennantWhat Is a Pennant?
In technical analysis, a pennant is a type of continuation pattern formed when there is a large movement in a security, known as the flagpole, followed by a consolidation period with converging trend lines—the pennant—followed by a breakout movement in the same direction as the initial large movement, which represents the second half of the flagpole.
all the goals are drawn on the chart!
XRP to $5XRP is looking bullish technically as well as fundamentally.
It is forming inverse H&S on charts and is ready to explode. Once it breaks $1 mark, it will break its ATH in no time and will make a new ATH of $5.
It is also planning to launch NFTs on its ledger which will give XRP a super boost.
XRPUSDT (ripple), time to purchase.Hi friends. So we all know that ripple very specific crypto. And ripple not directly related to bitcoin pricing. In last days i see very good bulls potential in this cryptocurrency. I mark all interesting market process areas on the chart window. And i mark important levels for you.
Volume analysis thanks to "Earned Pro" script (link below - you can rent it). Levels thanks to X-Lines script (free to use).