XRP/BTCCup and handle formation now complete of XRPBTC.
Targeting a 1:1 ration for next leg up. Of BYC holds its current level. We should see decent gains for XRP.
XRPBTC trade ideas
XRP/BTCCup and handle formation with the handle now complete. Target of a 1:1 ratio mid February for the next leg up.
Ripple / BitcoinHere’s my XRP in sats targets. We’re breaking out from an overhead resistance, and we should retest the top of the range, before coming back down to retrace the breakout zone. It doesn’t mean it comes all the way down, but there is a target there, which is land on top of the prior overhead. Good luck. I’m calling $30, sell $28 on this initial pump
XRPBTC This is how you can play XRP's strength.The XRPBTC pair is rising parabolically since November as XRP has been massively outperforming Bitcoin.
This 1week chart shows the pair's price action since August 2013 and that is somewhat a Rectangle.
Even though the price has only crossed the 0.5 Fibonacci level twice in 5 years before this week, it appears that the double bottom formation can alter that and with incredibly strong fundamentals for XRP, bring it back to the glory days before 2017.
A sound trading plan would be to keep buying XRP until the pair reaches the 0.786 Fibonacci level, where historically it has been a good level to sell and switch to BTC.
Four times BTC regain its strength and outperformed XRP there.
Even though it can go higher, it is worth the risk selling XRP and buying BTC on the 0.786 Fib, all the way to at least the 0.382 Fib if not 0.236.
In times of clear trends, paying attention to this pairs can be enormously profitable.
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XRP/BTC pump followed by 200 day cool off, then pump again
Been here for a while (2016) and got out at $3.25 in 2017, rebought at .30 in 2022. Basic TA with a bull pennant shows the flagpole getting really close to my first target level on xrp/btc. There is potential to hit the higher level as well where my solid bright red line is around .000246btc/xrp
likely we see the dotted line at .000123btc/xrp
2017 repeat seems highly probable
lmk your thoughts
Bullish XRP - XRP/BTC Chart - Weekly Time FrameXRP/BTC has broken out vs Bitcoin on the Weekly chart. This seems to be true no matter how you draw the lines too. The red line in the image in particular had several attempts made before finally breaking. So it was a strong resistance level. XRP broke out and re-tested the level perfectly. A bullish move upwards for XRP should continue in the coming weeks or months.
What this means is that XRP will be a better investment than BTC. XRP will make up some ground compared to BTC in terms of market cap.
Note: This agrees with my monthly analysis for XRP/BTC also. See link to related publication. Both are on high time frame charts which makes them more reliable, but they may take a long time to fulfill.
XRPBTC pair flirting with a bullflag breakoutCurrently retesting the top trendline of the bullflag. It hasn’t tested this zone much so resistance is very possible to hold for the moment however I expect that resistance will likely be fairly temporary. *not financial advice*
XRP/BTCIf the XRP/BTC 4H chart shows a breakout and then rises by 50%, it could indicate a strong bullish trend and the start of a new market phase. Such a significant increase would likely boost confidence in XRP, especially if it's supported by increased demand or positive fundamental developments.
A 50% surge could also signal a major shift in market sentiment. If XRP strengthens relative to Bitcoin, it could influence other altcoins, with investors potentially moving towards XRP in search of better returns.
However, it’s important to remain cautious, as such rapid increases are often followed by volatility and quick corrections. This might just be a temporary rally, and it's crucial to closely monitor market conditions and any news surrounding XRP and Bitcoin to get a clearer picture of the future direction. Overall, while a 50% rise is promising, traders should maintain solid risk management strategies.
NFA
$XRPBTC - 3 white solders? XRPBTC appears to be forming a bullish pennant, suggesting a potential continuation to the upside after consolidation. If we see the formation of three consecutive green candles with higher highs and higher lows (known as “three white soldiers”), it could signal the beginning of the next impulse wave.
All You Need To Know About XRPXRP chart cant say much __ but the pair is a definite reference to predict the present forward
Possible 30 -50% haircut here before IF BO and when it does IF it does it will go to double digits.
XRP/BTC RangeXRP/BTC has a very simple range pm the weekly. I would like to see a big flash dump before making any new move higher, especially considering RSI has reached around 88. To keep momentum around such a high RSI, I think it will need to see a big pullback into liquidity for a boost into new highs.
XRP/BTC pull back after runQuick Take!
XRP currently showing multiple bearish indicator divergences and failing to break key resistance at 2485. Looking at a price target of 2195 and 2049.
As always, keep those stops tight!
XRP's oscsillating behaviorBrief intro
The 22nd of December 2020 the SEC sues XRP; claiming that Ripple conducted an unregistered securities offering by selling XRP, which they classified as a security, without proper registration or exemption.
This is important for us to note before we go forward, because it is one if the key reasons that we have seen a semi-halt in the returns of XRP relative to BTC and ETH.
The stationary timeseries of the returns of XRP
Se notice that both for ETH as well as BTC that the XRP returns tend to move in a non-cyclical oscillator within a certain range.
I believe that the outcome of the SEC's case against XRP will move the oscillator to a new regime, like we saw after december 2020 where the SEC started it's case against Ripple
Using this theory you could get an overview of when XRP is likely to outperform ETH or BTC in the mid-term. Make sure you are aware of external market factors if you use this method though!
Bullish XRP - XRP/BTC Chart - 1 Month Time FrameThere are 2 chart patterns coinciding on the XRP/BTC chart for the monthly time frame.
Pattern #1:
Falling Wedge pattern with a target of 0.00010612
Target = 398% Increase
Pattern #2:
Double Bottom pattern with target of 0.00007199
Target = 269% Increase
Note: This is very reliable trade since it's the monthly TF, but it could also take very long to play out. Expect XRP to catch up to Bitcoin in the coming weeks or months!
XRPBTC - A Look At the Gaussian ChannelThe Monthly channel is slowly curling itself around as the bulls gain momentum
As this turns green this channel, the bulls will come back with force.
I'm bullish on XRP right now and think we will see the run very soon.
All the significant runs have occurred when the bottom of the Channel has been touched.
XRPBTC - 2802 Day Bear Market As of now we have seen one of the largest moves since the 2017 run on XRP
Price on this chart has barely even moved relatively to the 2017 run, suggesting that XRPUSD has a lot of steam left.
A very bullish state for XRP.
2802 days since we have seen action like this!
I'm not including the 2020 / 2021 run as it was a false run in a way for XRP which is also evident on this chart.
XRP vs Bitcoin = Bullish — 164% Bullish Wave Or Higher & MoreXRP Is about to grow really strong vs Bitcoin (XRPBTC).
And it tends to grow fast...
How are you doing my fellow trader?
This should be a nice one.
Notice how the last two bullish waves were super fast and strong.
We have the break below support (orange line) and the formation of a bottom.
This pattern is invariably followed by a strong bullish jump.
Now, in the past, prices were really high before jumping up.
In both instances, Bitcoin was either dropping or consolidating.
➖ XRPBTC goes super bullish now, the bottom was hit in June 2024. At that time, Bitcoin was both, dropping and consolidating.
➖ As XRPBTC enters a bullish continuation, Bitcoin is likely to move lower or stay the same.
This move will be bigger than in previous waves, but why?
Because of the major down-wave seen recently on the chart.
The stronger the correction, the stronger the bullish wave that follows.
👉 We have 164% target mapped on the chart, but there can be more.
My intention is to show you a great entry timing, a good chart setup so that you can have a great position with this and other pairs. When the market starts moving, green, you can take care of the rest.
This is not financial advice.
All the information is shared for learning purposes mainly and for your entertainment.
Thank you for reading.
Namaste.
Nothing New Here With XRPThis thing has been trading in a giant range against Bitcoin. It has been exploited as an accumulation tool, with very specific and seemingly coordinated price action. I'm honestly a bit surprised Ripple got away with their shenanigans and that their court case went the way it did. The result left the doors open for this thing to fly. It's important to pay attention to the token supply - it is primarily used to enrichen its founders during price bumps. At one point, I was bullish on it, but after observing this behavior over and over again, I caught on.
Interestingly, it almost seems like XRP and XLM were repressed a little bit during the last cycle due to the court case, and now they've got a bit less sell pressure. XLM is associated with XRP, due to its founder having been originally part of the Ripple project.
These coins can be extremely volatile during period of price appreciation. Just look at those spikes and retraces. Best not to get caught off-guard. All I can say is, I'm happy for those who held this long and are able to skim some profit today.
A note of caution: Explosive price behavior from XRP often precedes a broader shift to the downside for the market. This can come in the form of an extended correction or the end to a bull market.
Looking at XLM/BTC, price has only reached levels seen not too long ago. In 2017, the ratio exploded 30x once it hit those sub 200 sats levels. So, in theory, price has a lot of room for upside...it's just that once the end of the pump is reached, it could be many years before it sees prices that high again, particularly in Bitcoin valuation.
XLM/BTC for reference:
Though I also suppose, if I'm going by my previously held opinions on XLM, its applicability as a currency is far superior to Bitcoin, so, in a world where cryptocurrencies exist AS CURRENCIES, I'd rather XLM win out in the end. I don't mind the project so much as its price action appears somewhat manipulated and unpredictable.
That's it from me! Thanks for reading as always. And of course this represents my opinion only, and is not meant as financial advice.
-Victor Cobra
3 potential targets for the xrpbtc triangleUpon closer look, I feel like only giving one potential top trendline for the triangle pattern on the monthly xrpbtc logarithmic chart is ignoring some other possibilities so I wanted to ost 3 other top trendline possibilities s well with this chart. Surely one of the will be the ost valid although they potentially all could be validated. *not financial advice*
XRPBTC breaking up from triangleYou never know when chart patterns will behave roperly when you are on the xrpbtc chart. Often times all bets are off on the usual chart pattern expectations with this pair. Suppose we were to actually follow through with the measured move breakout target from this blue triangle xrpbtc pears to be breaking up from well it would put price action even noticeably higher than the all time high between this pair that was set back in 2018. Let’s see if for once price action behaves like it’s supposed to herewith this pair. *not financial advice*
XRPBTC breaking up from triangleYou never know when chart patterns will behave roperly when you are on the xrpbtc chart. Often times all bets are off on the usual chart pattern expectations with this pair. Suppose we were to actually follow through with the measured move breakout target from this blue triangle xrpbtc pears to be breaking up from well it would put price action even noticeably higher than the all time high between this pair that was set back in 2018. Let’s see if for once price action behaves like it’s supposed to herewith this pair. *not financial advice*
xrpbtc eyes up 2000% rise against bitcoinxrpbtc eyes up 2000% rise against bitcoin.
we have some htf levels here (2x yearly) and a 3M OB, all at the quarter channel.
if xrp can make a 2017-esque tare there is a good chance it goes for the htf levels at the upper end where the 0.5, gz and channel top is
