When markets rotate the money has to come from somewhere. Money can move in and out of one sector of the economy into the other, like money moving from industrials into technology or from fiat into precious metals. Money can also move around within a macro system from its constituent sub-systems. In the case of crypto, think we will see the Ethereum ecosystem...
We can see that price action is reaching the apex of the white wedge/pennant and that the orange 50ma has now entered the pennant. Looking at where the stoch rsi currently is, odds are good that price can maintain support on the 50ma and that it could help lift or bounce price up out of the pennant and send it heading towards the breakout target. I have only...
Hello, welcome to this XRP/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- XRP was back in the green on Friday after the Bulls abruptly ended a three-day win streak during yesterday’s session. Following a low at 0.5025 on Thursday, XRP/USD moved to a peak at 0.5134 earlier in the day. The surge saw XRP, formerly Ripple, once again make strides towards a key...
XRPETH on the weekly forming a nice Livermore Accumulation Cylinder pattern. XRP looks like it will outperform ETH eventually.
What Is XRP? XRP is a digital asset built for payments. It is the native digital asset on the XRP Ledger—an open-source, permissionless and decentralized blockchain technology that can settle transactions in 3-5 seconds. XRP can be sent directly without needing a central intermediary, making it a convenient instrument in bridging two different currencies quickly...
I've said so many things. It didn't fit in the books. My words were seen today as meaningless and meaningless. It will be very valuable today and tomorrow. It is not investment advice.
Take a look at this chart, CTv2 has made some truly epic trades with #XRP / #ETH over the last 12 months or more, we've now got a fresh breakout of trend with price rising! There's multiple levels of resistance on the path upward so it may be a bumpy ride, with potential of upward of 50% gains to be made! _________ What Do You Think? If you enjoyed or...
According to the trend line and the resistance zone, we expect the price to drop after approaching this zones. If the trend line breaks, the analysis will be updated. Its not Buy or Sell SIGNAL DYOR BY : M.TeriZ - @AtonicShark
Hello🐶😃 Price created a rising wedge on the 4hr TF. I think we can expect to see some drop in price Over however, we recently broke up and out of a longstanding trendline 🐮 Short-term I am looking for a minor correction (retest of our blue trendline 🟦📈~0.00028) Blue trend-line above was formed over 1 month period📍 This chart can be indicative of when is...
Merely a few hours after our warning, the price of XRPUSD fell more than 10% before recovering some of its losses. Interestingly, the price halted its decline slightly above the short-term support. Therefore, we speculate the price might end up trading within the wide range for an extended period; unless a breakout below the short-term support takes place and...
Please 1st of all click the boost 🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free. Ripple broke the (red) major downtrendline (click the idea below to see it the whole downtrendline) ...and then consolidated in form of triangle. Recently it broke up out of this triangle📐 and I think there is chance for...
Please 1st of all click the boost 🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free. Don't be just a taker, be a giver! 👍🏻 Ripple has been stronger than most of other coins recently but yesterday it just hit resistance confluence - the major downtrendline (red) plus local uptrendline (dotted yellow,...
Today, we would like to update our thoughts on the Ripple cryptocurrency. We continue to notice signs of exhaustion from the technical perspective. At the moment, we closely watch the symmetrical triangle on the daily chart of XRPUSD. The recent breakout from the pattern is bullish. However, we have no reason to change our bearish bias on Ripple. As we noted...
A brief history In 2004, a few years before the introduction of the white paper and Bitcoin by Satoshi Nakamoto, Ryan Fugger conceived the idea now known as Ripple. Initially, Ripple was not based on blockchain technology. The development of blockchain technology and its implementation within Ripple began in 2012 after Ryan Fugger handed over his project to Chris...
After a long time, the strong downward trend line has finally broken and reached the resistance range. Currently, he has drawn possible scenarios according to support and resistance ranges! Its not Buy or Sell SIGNAL DYOR BY : M.TeriZ - @AtonicShark
After reaching the breakout target of a much smaller inverse head and shoulder pattern, the price action on the xrpeth chart has continued to pump and is now sitting above 2 necklines of a much bigger inv h&s pattern. The only resistance it is yet to break above is the yellow horizontal neckline of a double bottom pattern that also doubles as a horizontal channel....
We can see it has wicked slightly higher than the measured move breakout target. More importantly, in reaching the target of the mini inverse head and shoulders, it has taken price back above the neckline of a larger inverse head and shoulders pattern as well. I anticipate a retracement candle or few to retest the neckline of the larger inverse head and shoulders...
Ripple has been trading predominantly within the wide range for the past three months, indicating a neutral trend. Despite that, we remain bearish on XRPUSD and await it to drop below the short-term support over time. Our notion is supported by a combination of fundamental and technical factors. However, the fact that this cryptocurrency is down approximately...