XRPBTC trade ideas
XRP: Breakout time is approachingThere is a massive bullish divergence on the weekly timeframe in the XRPBTC chart.
We can also see a quite similar fractal pattern to early 2017: Two fake outbreaks with subsequent dumps. In 2017 it was more benign that this time, but back then the timescale was also longer.
This was now amplified because of the commotion with the SEC.
But note how fascinating: Despite the SEC turmoil, XRPBTC prints a setup which is remarkably similar to the one in early 2017.
Similar double peak pattern, similar bullish divergence in the RSI.
This time however, the bullish divergence in the RSI is a lot stronger than back then.
The coil has been stretched much further this time, than back then. And a coil that is stretched too far, bears great force within, ready to explode with the utmost imaginable power!
I assume that XRPBTC will now start printing first a small green weekly candle. Then a larger one. Then an even larger one.
How high it will go and how long it will last, of course also depends strongly on BTC.
Will BTC do a 2013 or 2017 repeat? That will also determine if XRP will do one single gigantic rally, or two rallies, like back in 2017/18.
I think the conservative target for XRPUSD is 10 USD in this bullrun, this is a lower limit.
However, if BTC does a double rally, and indeed reaches prices as crazy as 200k, an upper limit for XRPUSD would be, as crazy as it sounds, 40-50 USD.
I will keep a close eye on BTC, and XRPBTC, to determine how high XRP can go this cycle.
Note: I think the entire SEC thing will have no effect whatsoever on the price action.
Maybe some short-term action, but the end price will reach these values no matter what the outcome will be.
XRP/BTC - Ready For Altseason? Hi, we are in a beautiful triangle right now and we saw yesterday that the support level 742 held very well. Today we got a big push from the support level and if we break the trendline in the next couple of days, then we are ready to takeoff. We are going to see XRP outperforming BTC in coming weeks with RSI around 30, it indicates that XRP is oversold and undervalued. So be patient and don’t panic 🙌🏼
greedy Whales vs XRP army of HOLDERS!!! XRP / BTC 50x gainsAt the moment I don't have and didn't have XRP, but after thinking about the SEC situation, I will create a huge bag of XRP!
this idea only came to me because the SEC filed a case against xrp and now holders are being squeezed out of XRP (XRP has the largest army of holders). This is done simply: the pair to bitcoin always falls, and the dollar stays in place and also falls, while the rest of the ALTA makes a lot of profit, forcing people to sell the asset for a penny in order to buy what is growing.At this time, xrp is accumulating. big players are saving up for a future pump that we can't even imagine in our worst dream. I believe that a very dirty game is being played here in relation to the holders, and I will buy this asset in tons! entry points into bitcoin!
Believe me, if they have a shopping and entertainment center in their hands, then these guys are very serious, I can't believe how influential people play crypt here. They came up with this whole fairy tale just to shake out the holders at the bottom of the market! NOW ALL XRP HOLDERS are at a loss to BITCOIN!
1)745 sat 33%
2)575 sat 33%
3)460 sat 33%
TARGETS -> GREEN BOX!
XRPBTC - Long - Potential 7.75%XRPBTC - Long - Potential 7.75%
Exchanges: Binance
Signal Type: Regular (Long)
Entry Targets:
1) 0.00000805
Take-Profit Targets:
1) 0.00000829
2) 0.00000865
Stop Targets:
1) 0.00000761
Trailing Configuration:
Entry: Percentage (1.0%)
Take-Profit: Percentage (1.0%)
Stop: Breakeven -
Trigger: Target (1)
Bullish Divergence on $XRPPairs XRPBTC
I can honestly say that its been a tough time with XRP, but its been bullish for along time and some say manipulated. Money from BTC will enter XRP.
Bullish divergence on this Weekly chart RSI MFI Stochastic RSI
Time to add more, We havent been this cheap since December 2016
XRP/BTC In An Area of High Confluence Right NowXRP/BTC is in an area of high confluence right now. If it should break through the pink 100 MA target of 0.00000960 area, next target price we are looking at is where the yellow line is.
The yellow line represents the 1.68 in the fibonacci retracements, so we may reach the 0.00001030 price area and have a sideways movement first before we go on to my next price target located at the blue 200 MA with the region of around 0.00001060.
It is particularly looking like it will go towards the upside right now with the 9 and 21 EMA forming a bullish crossover.
If it goes to the downside, we may see it retest at the 0.00000905 area again.
I am open for feedback, suggestions and advice. Thanks!