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XRPUSDTPERP

XRP/USDT Monthly analysis Bullish??I've been keeping an eye on XRP for some time now.. and I expect it to be around $0.55 in 1 or 1.5 months, for a long-term buy. for a shorter-term approach (1-1.5weeks), I would be looking at $0.45. And in any case price shouldn't be falling below $0.33. As far as my analysis goes, I would say, it should start to act bullish just around this week. XRP bounced back up 2 times in the past months, with that in mind, it gained more momentum upwards. Hence making it suitable for XRP to create a bullish trend earlier than I would have anticipated. I will be looking for more specific setups to buy, as the price rises. I am not an expert, and this is not a financial advice, please always do you own analysis before taking a risk.
Long
by Kivvwi
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. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
73
Ripple XRP price formed a trend reversal pattern. What goal?3 days ago, on the chart XRPUSDT prices formed a beautiful and convincing "Inverted Hammer" reversal pattern The large shadow of the Japanese candlestick indicates that sellers pressed the price down with great force, and broke many longs' stops in the highlighted blue zone. But there was an aggressive and voluminous buyer who was able to sharply buy back the fall at the right moment. Purely theoretically, in the current low-volume market, one "big player" who wanted to buy a lot of XRP at the same time could have organized this show: + First, the "big player" on various platforms places limit and hidden buy orders for XRPUSD in the range of $0.305-0.31. And then systematically starts selling XRP and presses the price down. Arbitrage bots simultaneously make sales on different platforms by repeating this maneuver. And then the cascading triggering of stop orders and margin calls, which were hidden behind each of the previously formed "pins" As a result, the "big player" who started this show received a large flow of orders for the sale of XRP, which fully filled his "buckets" for the purchase. When the big player gained a position, he bought several XRPUSDT market orders and organized an aggressive buyback, and it was easy to do this because the glass was empty earlier. + The second goal that could be achieved by such a maneuver is the "destruction" of competitors who have taken long positions over the past 6 months. Nothing personal - only business - it will be much easier for the XRP price to grow if few people will fix profits by selling their XRP, which can freeze the growth. + Well, the third goal is the formation of the Inverted Hammer reversal pattern, which will give everyone a signal: "it's time to buy". The goal of this pattern is to increase the price of XRPUSDT to at least $0.40-0.41. In general, on the chart, we have depicted the possible movement of the XRPUSDT price in the medium term until the end of spring. Target $0.60-0.65 and higher _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
Long
by P_S_trade
54
Ripple XRP price ready to change the trend to growthThe name of the idea speaks for itself. To see the global trend channel of the falling price of XRPUSDT, we invite you to take a look at this idea 👇, because today the analysis will be on less timeframe. The main achievement of XRP can be considered that the price did not update the lows that were set in June 2022. It's hard to pronounce it, but: buyers of XRPUSD showed more strength than buyers of BTCUSDT, who allowed the price to update the lows of 2022.) This means that the time has come for the realization of the strength of buyers. We see this in the form of the future growth of the Ripple price along the following route: Growth impulse - consolidation under $0.50 - growth impulse - breakout of the trend line - reaching the local target of $0.60 - $0.65 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
Long
by P_S_trade
22