XRPBTC trade ideas
XRP/BTC Pair Back testing the 200 Day SMA Following Golden CrossEven with all the blood in crypto markets currently, most major alts look healthy against the BTC pair.
Altcoin dominance is still steadily climbing, and the secondary trend of the crypto market seems to be showing us alts are still the play.
Last time XRP had a golden cross that held support in 2017, we saw XRP follow up with 2600% returns on the BTC pair.
This time around, if we can achieve a similar satoshi price we could see another 1200% gain in XRP against BTC.
It will be crucial for XRP to hold the 200 Day as support, so the next few days will be important to watch.
The only outliers we have of this not playing out is XRP breakout in December of 2020 followed by the bearish SEC news, and the failed golden cross in September of 2016.
Other than that, history might not be repeating identically, but it definitely rhymes!
Stay tuned!
- CA$HLESS
XRPBTC could retest 0.000015 XRPBTC could retest 0.000015 after a double top on the weekly timeframe. The price lost important daily support. According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
XRP ranging what could be the next legCurrently XRPBTC pair is showing some support on the 2250-2300 sats levels. This is proven to be a support previously and is continuing now. However, on the short term, we could see another drop off the test the support zone market with the rectangular. As this zone is less tested and we need to confirm it as a support too. Additionally, this would be a finishing move from the crash structure perspective and we could be looking to a move to the upside. As the MACD indicator is showing signs of a bottom, and the volume is steadily decreasing for the last few days this well may be a turning point in the cycle. Will keep an eye on the indicator and update this idea accordingly.
XRPBTC 3 monthsCurrently XRP on BTC pair is above the support area (rectangle box). Kindly note the previous candle is an inverted hammer (bullish pattern) and we have only 15 days remaining to close the current candle. If we close above or within the rectangle box which is a demand area we will see a break out on the trendline and break the .236 fibanocci level. Rest Fibanocc level will be the target.
Not a financial advise but if you like the idea, please support me by hitting the like botton.
Thank you
XRP BTC, WeeklyXRP BTC pair is still bullish and try to break out in the falling wedge. The chart speaks it self of the target as per fibanocci level. Once we break .236 fib level we will see the rally upward.
This is not a financial advise. If you like the idea please support me by hitting the like botton.
Thanks you
XRP UPDATE - DO NOT LET ELITES WIN THIS TIME!!XRP UPDATE - DO NOT LET ELITES WIN THIS TIME!!
ELITES BEEN MOVING THEIR BITCOIN BACK INTO XRP. THIS HAS BEEN GOING ON SINCE MID MARCH. THEY KNOW WHEN TO BUY AND SELL, AND RIGHT NOW THEY ARE BUYING XRP. I DO NOT FOLLOW ITS FUNDAMENTALS OR NEWS. 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!!!
FACTS:
1. XRP HAD AN STOCH RSI CROSS MARCH
2. %D (ORANGE LINE) STILL IS AT 70 ON THE STOCH RSI. AWAITING TO REACH TO 90!!
3. RSI IS STILL HIGHLY OVERSOLD ON THE MONTHLY
4. AT THE MOMENT WE ARE TESTING PAST RESISTANCE LINE!! A MONTHLY CLOSED BELOW THIS LINE WILL INVALIDATE THIS ANALYSIS!
TARGET: 1600 - 1700 SATOSHI!
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