I first posted this XRP gaussian channel chart in November of 2023. I noticed a price pattern within the red portion of the gaussian channel. This pattern could provide a clue for when XRP will moon. More specifically, when XRP will top. The 2016 and 2020 BTC Halving Event both occurred within the gaussian channel when it was red. I pulled out the price pattern...
XRPUSD is almost oversold on the 1D technical outlook (RSI= 36.211, MACD = -0.013, ADX = 34.490) as it is under a LH trendline and trading inside a Channel Down since the November 6th 2023 High. This is an identical price action, also on RSI parameters, with October 2022 - February 2023. On March 21st 2023 the price crossed over the LH trendline aggressively and...
Rising wedges often leads to bear breaks (: My personal target will be 0.80 if we can hold this zone.
Cryptocurrency markets, which previously awaited the approval of a Bitcoin ETF, are now facing selling pressure attributed to factors affecting Bitcoin and the cryptocurrency market as a whole. The continuous withdrawal from the Grayscale Bitcoin fund and the exploitation of Bitcoin miners add to the worries and negative outlook. Although Bitcoin has been the...
updated the lines not to be optimistic based on the goverment shutdown they avoided until march.
Technical analysis is just a hypothesis, but with this strong market cap and ranking of 6, it has not grown and it is one of the most potential currencies. timeframe = monthly bitspamp
The last two times the gaussian channel flipped from red to green, xrp had parabolic rises. (orange arrows) This flipping from red to green also led to market cycle tops. (orange circle) Will this time be the same? Currently the channel has been red for the last 336 days, and we haven't reached bitcoin's halving event yet. Will the gaussian channel flip to...
Just an idea, you can see Xrp went for $0.1665 to $0.5000 Then snapped back to $0.0085 before ripping up to $3.50 Always watching this coin because we all see it’s huge pontential, with BTC making a pattern to drop and black rock trying to control the market, I imagine we could see a sharp push up to collect, followed by a heavy retracement down before take...
Is it just me or is XRP holding up strong? XRP has steadily been grinding higher and higher since the lows in June 2022. Truly the chart speaks for itself. Let's take a look at the weekly time frame. The yellow overall fib from swing high to swing low has been playing out beautifully. The .236 level was resistance on multiple occasions(September 2022, October...
Notice the weekly stoch also the structure price has created. The reversal higher should be sharp and volatile i believe we will respect the cloud from low to high. Bitcoin already did XRP is ready.
I frequently watch various XRP videos where individuals predict a price surge, ranging from $10 (the "less" optimistic view) to $100 or even $1000. These predictions often come with fantastical explanations about why such increases will occur. However, the harsh reality contradicts these optimistic forecasts, as XRP hasn't shown significant movement during this...
⭐️ Hi! This idea won't take too long, it's late night after all and I simply wanted to make a quick follow up before I caught some much needed sleep for the night, thanks for tuning in as always, we'll keep things short. ⭐️ Following up from my last idea which is linked and showed in the chart below we did highlight this new channel that's formed following that...
I think right now is a great time to accumulate XRP. The green rectangular box is the Fair Value Gap. XRP will be trading within the price in the box for 2-3 weeks max and start the bull run I believe.
End of January is looking interesting for XRP in your face.
Triangle with potential target at 3.50 for xrpusd. Long term scenario
LIL inverse head and shoulder there 1 hour what U think ??
⭐️ Hey hey! Hope everyone's been well been a few days but so much has happened. Following up from my last idea it's crazy to see that we in fact did get that spring jumping up to 0.62 with that announcement of the Bitcoin ETF on the 10th as well as XRP's successful exit out of our descending wedge. So we had that as well as the fact that we caught our 200 EMA...
Honestly it will affect it and all other cryptos too, even tho Ethereum is dropping which isn’t good. So back to XRP I can see will hit 1$ because of BlackRock and JP Morgan made 7,500,000 move to it and that’s huge ..which mean it will rise above it. That means we are in the bullish trend because rumors showed that XRP will have its own ETF that will be massive...