XRPBTC - Big Green Candle I’m waiting for that big green candle to come like it did in history!
If you take a look at the chart then you can see that historically every time we touched horizontal resistance we got a huge reaction with big green candles. This happened 3 times in the past and we now touched this support zone for the 4TH time.
What else we can see on the chart is that every time we reached the RSI at around 38 we bounced magnificent and once we broke the RSI at 50 we saw that massive run! If we take a look at where we are now at RSI levels then you see that we are curling up and we are testing that 50 zone. At the same time price action is testing horizontal resistance and if you look further if we break resistance then there isn’t much resistance. And there my friends I think the real run will start.
So we need to break the 50 RSI level + Horizontal resistance!
For every new follower I will add a new idea :)
XRPBTC trade ideas
XRPbtc -- nothing to trade at the momentPrice had a nice move up but met strong resistance at resistance with a severe sell off. Ideally, i wanted to see a rejection here with an easier sell off telling me buyers were still strong. With as hard as the sell off was, i'm not so sure. I'm waiting for more confirmation that this short term trend is going to hold and continue to push through the resistance band.
This is a good trade either way once confirmation is found. Until then, i'm on the sidelines.
XRP Road to $10 hopium still alive?XRP also tanked super hard while BTC correct 54%, but considering the fact that its an alt coin it actually ended up correcting 50% from its previous high. The xrp/usd chart looks like it finished some sort of side ways abc correction and the xrp/btc pair held a higher low (for now). If we hold the higher low and start making for higher highs, we may have a decent roadmap to some insane pumps for the coin. BTC doesn't look ready for a new ATH, nor a new low. A 54% correction is pretty significant for BTC and in the previous instances this happened it had multiple weeks of correction move up. I'm expecting some sort of complex side ways correction for BTC for months before any clear direction. If we are to still assume a super cycle or a 4 year bull cycle, we should consolidate and move up. During the sideways price action, I still think Alts have room to run since their narrative is completely different than BTC. Ideally, XRP will hit mid $3 correct, mid $5 correct, and finally hit $10~ before giving up dominance to BTC. The bullish catalyst of a SEC settlement would be the most ideal scenario in the coming weeks to send it up full. The initial pumps maybe in anticipation of settlement with the actual news sending it to $10.
XRPBTC - Weekly chart still bullishHello Friends, i hope you all are fine after this massive dump.
It will be a day to remember..
The XRP BTC chart still looks very bullish, we didnt lose the uptrend and retested a major broken resistance zone.
It's important to focus on the stronger names during this times.
Stay safe everyone!
For every new follower i will add a new idea :)
XRPBTC nice breakout from daily resistance 🦐XRPBTC nice breakout from daily resistance inside an ascending channel. The price could retest the previous resistance as new support before testing the weekly resistance. 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.
XRPBTC full downtrend broken BULLS ARE HERE Finally XRPBTC is ready to take over. Once it breaks this resistance area, theres no doubt we will see new highs. Most bullish confirmations this chart has ever seen. Almost looks too good to be true. Look what happened every time we held this support. We also broke out and confirmed the top trend line which shows bullish momentum towards breaking this zone. Now seems like the last chance to put bags in XRP before moon. Everything looks ready and in line with the SEC settling lawsuit in the month of may as well as some relisting, then some spark? May/June is what we have been waiting for. This is just the beginning guys..
XRP reaching resistanceThe 1.618 FIB coincides almost perfectly with the level of resistance that stopped Ripple's move up last November.
We can also see a bearish divergence on the RSI. Thus indicating we might see a pullback here. Where I'll be targeting the 3100 sats level as support and a valid entry point. With a SL placed just below the previous high and the 2.618 as a target zone.
What are your thoughts on XRP?
XRP/BTC Breaking out of Daily Triangle PT1 $2.31 PT2 $4.05 XRP/BTC is showing beautiful movements and is breaking out of a symmetrical triangle as we speak. Interestingly enough, XRP/USDT is also inside of a symmetrical triangle on daily and weekly candles.
Additionally, we have a very bullish MACD crossover, the last time this occurred was the beginning of April when the price ultimately went to $2 USD. We are clearly at the start of a similar move but from a higher starting base.
PT1: $2.31
PT2: $4.05
PT3: $7.73
The XRP pump to dump 2021Tis' the season for suckers to become convinced XRP is the future, so of course our seasonal pump is incoming.
Expect:
Step 1: 500%+ up (target .00014)
Step 2: 50%+ down (target .00007)
Step 3: 1000%+ up (target .0007)
Step 4: Full retrace
Enjoy and trade responsibly!
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XRPBTC potential bull run for the next couple of weeksIn my opinion,a big run to the upside for xrpbtc has started. Observing from a structural stand point there is a break of structure to the upside and a quick run to downside to induce selling activity which i believe is clear market manipulation.