fib channels, cyclic lines plus fibonacci circles - who would of thought about this powerful combo.
alot is pointing towards a massive xrp movement soon:
- corrective fib circle
- fib channel support
- cyclic timeline balance
...its positioned for 2024 to moon
like i said i thought $20 would be a nice pump, if retail jumps in with the same vengeance as 2017...
Im posting this as my prediction for the scam coin XRP. XRP has failed its two recent golden crosses on the WEEKLY chart, and COULDNT move up even with BTC PUMPING hard. A death cross is on the way on the weekly and will hit right around the trent line. When this happens XRP will calapse to 0.06 and below.
All the red flags are their, XRP fails to pump anytime...
So many red flags on XRP the bulls have lost. Death cross, bull trend broken, the only thing holding it up is BTC. Once btc starts dumping xrp will dump alot harder.
The dump is just getting started
coingape.com
finbold.com
www.coindesk.com
BINANCE:XRPUSDT BITSTAMP:XRPUSD CRYPTOCAP:XRP Update
XRP is currently trending within a rising channel that has been in place for over 600 days. Presently, it maintains a position above the lower support level of this channel. We anticipate a potential rebound from this lower support zone.
The area marked by the blue box represents the accumulation...
Xrp is going to have to make a choice on where it wants to go.
1. Overall trend is down ( trend is your friend)
2. Option 1 is we go straight down and hit the bottom of a demand zone
3. Not to mention the head and shoulders too. A lot of bearish confluences
4. We have bullsih divergence on the daily and 4 hour at the bottom of a bearish bat ending on the .50...
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As someone interested in the Elliott Wave principle, I find it a valuable tool for analyzing the market. I have developed my approach by combining this principle with my personal experience and by considering various...
Correction Phase: XRP's price is caught in a significant correction, challenging its stance above the crucial $0.50 support amidst a formidable resistance trendline.
Death Cross Alarm: A looming death cross between the 200 and 50-day EMAs signals potential trouble, underscoring a bearish outlook for Ripple.
Reversal Hopes: Despite the downward pressure, a forming...
I want you to see how there was an established ascending channel and then it broke the structure, but still after a long time it managed to get back into the ascending channel and continue the trend. I just feel like this market structure rhymes with what we are going through right now.
I just want to throw this out there and let people know that an ascending channel exists and while we may have gone below the ascending channel I thought it would be interesting to consider this scenario. I’m not predicting this will play out. It’s just an idea for entertainment. I’ll share another post after this and I want you to see how these two ideas rhyme...
Following last week’s week-ahead post on the price of ripple versus the US dollar, the H4 harmonic ‘alternate’ AB=CD bearish formation at $0.53316, depicted through a 1.272% Fibonacci projection ratio (plus the moderate Fibonacci cluster, backed by 38.2% and 61.8% Fibonacci retracement ratios), served well as resistance and sent price to a fresh YTD trough of...
4 drives down
time between each leg down. has been decreasing,
the price is accelerating downwards
the capitulation is most likely this final leg down if it happens within this week
then price has to retrace back above resistance line in purple
and follow the yellow line to confirm the bottom is in
then do a market structure break to the upside
following the...
According to the timing of the previous cycle that XRP experienced until it popped out in 2017, we can see that it is now entering the most boring and depressed period of its cycle. The blue chart is from Bitstamp chart from XRPs first trading day until the 2017 bullrun. If we compare it to price action of last few years we can see a lot of similarities, the lower...
XRP / USD TA
Here we are just looking at a possible move that we can anticipate from XRP in the coming days and/or weeks. Although trend lines are not a very reliable method, in this case we have a pattern emergence also within the trend line so time will tell.
XRP Ripple: Chart Analysis and Market Overview
XRP Ripple, one of the prominent players in the cryptocurrency space, has recently captured the attention of traders and investors as it navigates a critical juncture in its price action. With the token currently holding a major make-or-break support level at 50 cents, coupled with the formation of a 6-year bull...
