XRP runs to 0.79 probability highSeeing lots of potential for XRP/USD to hit 0.7900 soon. Price currently sitting at 78.6%fib support. Check the distribution pattern from the Fib placement.
1:7.6 RR trade.
Probability for 11,50% gain.
Price sitting at 0.7000 support, made a new higher high and now came back to retest the same 0.7000 support at 78,6% fib level.
This setup is assisted by xrp/btc weekly chart, which currently sitting at a strong support and this can help push xrp/usd price higher.
XRPBTC trade ideas
XRP/BTC it's look bearish scenario!!!I look that XRP it's interesting to invest, but not in currencies, if you're so smart and inteligent, we can firstbly invest in Bitcoin when XRP down in front of Bitcoin and you can to take more power to buy XRP to hold.
As I hold 0.34 BTC. if XRP down to 632 satoshi. I could to hold over 53,000 XRP coins just if XRP continue down more, I'm enfocous in this part if XRP down to 632 satoshi, I going to buy XRP and hold 53,000 XRP in this opportunity. As also, I find up that when XRP making a bullish volatily hard and reach or equal the Cardano price, I may to change my 53,000 XRP to 53,000 ADA. This it's so theory. But if in case that XRP down to 632 satoshi, I will going to buy in this level of Bitcoin value.
I'm interesting in this cryptocurrency for my plan B. And you can to copy me if you like to invest like a professional in cryptocurrency.
XRPBTC and DOGEBTC comparisonsXRP has a similar chart structure to DOGEBTC
The major similarity is that the price is range bound, meaning, price has been stuck in a limited area (squeezed) area for the majority of its existence
This 'bound' nature, builds tension as each day passes, influencing the probability of a breakout out of this range
Some things however are not similar,
As on DOGEBTC price can be seen to be consistently oscillating pumps, where XRP has limited pumps
An observation post
I am long XRP
XRP Ready to Launch!Hello IWealth Here, I have been Trading and Teaching for 7 years. and im happy to share my idea that could help you in the crypto space.
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XRP/BTC loves to make triangles/ falling wedge. If we look back in history you can see the pattern are very similar and now its just a waiting game. Eventually we can see it back to all time high in the next year or two. Be patient and stay safe everyone.
XRP ready for takeoff!!?Xrp versus bitcoin, we have found what seems to be a pretty solid floor for xrp shown by green support and we have been in a confirmed downtrend since early june, but i noticed we are starting to see some life here! Pirce action has broken above the midline on the bollinger bands and we are now looking to grab ahold of that top band to go for a ride upwards, that aswell as the bollinger bands have been squeezing pretty hard on our candles and that means volatility is shrinking but we are due for a massive move, now the bb don't say which way this move is going but i got a feeling looking at other indicators and PA trying to reach that top band we are due for a big move up! Looking at the RSI we have found slight uptrend support and we are curling very nicely to the upside, the real test for xrp will be when the rsi reaches that 50. point midline, we need to blast through it and be able to hold that level if XRP wants to be the front runner in this lagging market, we need that confirmed uptrend to do so! Now the Stoch RSI has also found nice uptrend support with both our blue and orange starting to shoot upwards, we have lots of room to run up until we are considered overbought. Everything for the most part looks great for xrp right now and maybe we could be starting to see a trend reversal for altcoins, a lot of alts look fantastic against BTC right now but as im sure you all know everything is affected by BTC and where BTC heads! Not financial advice just my opinion!
XRP UPDATE - ANOTHER BULLISH FALLING WEDGE CONTINATION?!SHORT TERM BEARISH BUT BULLISH IN A FEW WEEKS/MONTHS!! COINCIDENCE, THE CHART IS FOLLOWING THE SEC NEWS!
ELITES BEEN MOVING THEIR BITCOIN BACK AND FORTH INTO XRP MANIPULATING THE PRICE. THIS HAS BEEN GOING ON SINCE 2013. THEY KNOW WHEN TO BUY AND SELL, AND RIGHT NOW THEY ARE ABOUT TO BUY XRP WITH BITCOIN AGAIN. I DO NOT FOLLOW ITS FUNDAMENTALS OR NEWS. I'M NOT EVEN A FAN OF ANY OF THESE ALTCOINS.. I DONT CARE IF THEY ARE GETTING SUED. NEWS CREATES WICKS, BUT THE BODY OF THE CANDLES TELL THE FACTS!
SEC SUED AMAZON AND TESLA . ALL AVERAGE PEOPLE SOLD WHILE ELITES BOUGHT! THEY ARE NOW THE WORLDS RICHEST PEOPLE. THEY ARE DOING THE SAME EXACT THING WITH XRP!!!
Everything is on the chart! XRP is on the verge of exploding higher. Dips/Corrections are normal and needed in a bull market, and are BUYING OPPORTUNITIES! HUGE GAIN opportunity in the coming months! NEVER TRADE BLINDLY. USE MULTIPLE INDICATORS TO MAKE CALCULATED DECISIONS. TRADE WITH NO EMOTIONS!!
XRP/BTC IS CREATING A FALLING WEDGE CONTINATION??
FALLING WEDGE CONTINUTION - A BULLISH CONTINUATION PATTERN APPEARS IN AN UPTREND AND IS A REVERSAL PATTERN WHEN IT APPEARS IN A DOWNTREND.
FACTS:
1. CHART IS SHOWING XRP/BTC PAIRING. IN ORDER TO KNOW WHERE WHALES/ELITES MOVE THEIR BITCOIN, WE NEED TO KNOW BTC PAIRING COMPARED TO XRP.
2. AT THE MOMENT, WE ARE STILL IN A BEARISH MOMENTUM ON THE WEEKLY IN THE STOCHASTIC RSI
3. IN THE PAST, XRP/BTC HAS VERY SIMILAR STRUCTURE OF "FALLING WEDGES CONTINUATION".
BUY TARGET:
1. 0.0000172BTC (Corresponds to 0.618 Fib level!) THIS IS WHERE AVERAGE PEOPLE BUYS TO GET RICH!
SELL TARGET:
1. 0.00008582 (Corresponds to 3.618 Fib)
2. 0.00009970 (Corresponds to 4.236 Fib)
Money flows like this:
FIAT > BITCOIN > LARGE MARKET CAP COINS > MIDDLE MARKET CAP COINS > SMALL MARKET CAP COINS > back to FIAT, and the cycle starts again.
Get ready to have an explosive Altcoin season just like what happen in the 2017 bull market. Once my sell indicators hit, I will be selling my positions to buy real estate, a lambo ;) , and moving the rest to Ethereum to Stake it!
Good Luck!
"If you can't beat the fear, do it scared!"
"Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet.
"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet
"Show me the charts, and I'll tell you the news." - Bernard Baruch
Another interesting XRPBTC fractalSo when trying to understand what the hell XRP is doing, I looked at the chart further back in history.
Then I noticed an interesting fractal pattern early in XRP's history, in the 2013-2014 era, when the coin was still young.
Turns out, XRPBTC back then did something extremely similar. Eerily similar actually, and that although the situation back then was absolutely different.
It did the same doube peak structure, then the fakeout pump, and after that dropping even lower, before then starting to recover and kreeping slowly upwards in XRPBTC for a very long time. Basically it kept creeping up for a year until there was a pretty impressive rally in XRPBTC in the middle of the BTC bearmarket.
This is a rally that many people seem to forget. I don't know what happened back then, even though I was in the market, back then I had other coins and didn't yet understand the utility of XRP.
So XRP can do rallies even in BTC bearmarkets, I assume there must have been some kind of strong bullish news.
The similarity to today is obvious: Depending on when the SEC case is resolved, I assume XRPBTC will be creeping upwards slowly, and then when the case is resolved, BOOM, XRPBTC will see a rally no matter what BTC does. Repeat, no matter if BTC is in a mini bearmarket or if it is at 200k.
I have been following the case, and I think the probability for settlement is extremely high, followed by XRP winning the case. But since the SEC cannot sue other crypto companies if Ripple wins, hence those A-holes won't get funds from penalty fees (yes this is actually the business model of this very cool and absolutely not corrupt UA government agency), they will most likely settle so that they can continue suing. Or Ripple will decide not to settle and crush the SEC, so that the crypto sector is protected in the future from their immoral suing behavior.
Anyways, so depending on WHEN this happens, I assume that we will then see an impressive rally in XRPBTC, and until then a slow creep upwards.
As always, what does this mean for XRPUSD? Well, this of course depends 100% on BTC, so please keep that in mind.
If BTC does the mini bearmarket now, accordinlgy the XRPUSD price will be lower. So for example settlement is reached, XRPBTC starts to rally for 6-8 weeks, peaking at 0.00025-0.0003, and BTC is at only 30k-ish at the peak, we are looking at a top of 7-9 USD.
However, should the case drag out until late 2022, and BTC is then already at 200k, accordingly this means that XRP will surge from a baseline of a few dollars, to around 50 USD.
We must be patient :) But I still believe the reward will be worth it.
Until then, XRP will just follow BTC. So one can trade XRP like BTC.
I think that BTC will revisit 15-20k, so one could sell a portion of XRP now in the bounce to 50k, and rebuy XRP lower when BTC hits 15-20k.
That would be a possible trading strategy.
XRP Divergence and Trend AnalysisXRPBTC is showing a bullish divergence
While XRPUSD is struggling to hold above 0.5 Fibonacci retracement level
I believe this level will hold and XRP is headed a lot higher, it just may take some time. The bullish divergence on the BTC pair is evidence for this assumption.
When XRP will kick ?Will dominance of BTC hold? We are in the rising phase of 30-day cycle and moving towards sell zone ( red ). This will be a good test for XRP, I'm hoping that we will break sell zone and close above fib 0.786 what will give us some clues about next cycle which should start between 20-24'th of June. For now odds are on bear side, we will probably see failed rally and visit green support zone.