Struggle for Bullish Momentum: Despite market recovery, XRP price struggles to regain bullish momentum post the Binance hiccup. Cup and Handle Pattern: The daily chart shows a cup and handle pattern, suggesting potential for a bullish recovery. Bullish Breakout Potential: If XRP regains momentum, a bullish breakout of $0.70 could lead to a rise towards...
Ahhh come on haters & bag holders, that buy in at $0.48 as mentioned here () has been 1st class haha. What did happen since then? XRP has triggered 2.618 nicely while holding above 1.272 and currently about to break its (bull) flag. Given that, next imminent target would be above 4.236 - above $0.90. If it wants to pull out an extension, see you at 8.236. Break...
Need I say more? What Is a Cup and Handle Pattern? A cup and handle price pattern on a security's price chart is a technical indicator that resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift. The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically...
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Keep an eye out for XRP in its current area, if we see it test the the support line and not break it, then I would be in for a long term buy position. If it decides to start its bull run from its current position then I would also go in for a long term buy. Either way the future is looking bright for ripple and all of crypto with all this economic uncertainty.
Hello friends In the Ripple currency, we see a clear 5 wave The next wave is corrective It can be counted in different ways! However, with the failure of the drawn down channel and pullback to it or reaching the important support level of 0.5600 or 0.5450, we expect price growth. Be profitable and successful.
XRP / USD Our Cup & Handle pattern is moving along nicely. According to this pattern we should be anticipating a break above the downward trend channel within the next 5-10 days. Stay tuned!
Everybody is looking at the same structure, which looks like a textbook breakout from a descending triangle. I would place buy orders if we break 0.625, looking for continuation. There is also a possibility that price will be back in the triangle, in that case, I would place sell orders at 0.58 with target 0.54.
We have nice setup for bullish entry at previous analysis, with 0.5834 long. that entry are fibonacci 0.618 october Our target for this setup at 0.8383 I will update more about ripple if I found key level. Dont forget to support this analysis to get update analysis notification
Ripple almost reach channel down resistance, with a strong bullish candle. If $0.62460 break up, we will have a new bullish wave with a big target at $0.85352 as fibonacci 1.618 projection, but if it failed to break bullish confirmation level, our focus still at $0.59480 support level and $0.58344 fibonacci support to enter long position. I will update this...
To gain extensive knowledge about future market movements, establish a solid framework for comprehending market trends (excluding Elliott Wave theory). Learn from each mistake without fixating on it excessively. Take your time, as achieving this mastery is pivotal for navigating the intricacies of wave tracking. Avoid assuming you've mastered the field; instead,...
Which way for ripple? Fundamentals: Is the Ripple law suit settlement with the SEC possibly going to impact on the price of XRP?
As you can see a decending channel is formed from the 0.75 impulse a couple of weeks ago. I am looking at the price to bounce down 3x as whales grab liquidity above 0.6xx fake out.Then revisit this unmitigated demand area at around 0.52xx and sweep this bullish FVG before its final accent to 1.1xx area. Hoping XRP play out this way. As of this writing: Fear and...
Looks like its going down more. for now im looking for support around the 0,57.
I gave a buy signal on this pair.... After I gave the buy signal it went up and then dropped down. The uptrend is still intact! I held this pair and I traded with risk management. If you lost this pair... im sorry... it looked perfect when i gave the buy! But there is a lesson to be learned here... and that lesson is that we must ALWAYS and i mean ALWAYS trade...
According to the recent fundamental news (winning the court), the XRP currency seems to have a strong upward movement in the next rise of Bitcoin.
.586 is support then onto stage 2 which is 1.90 is where we would have to watch out of a rejection but if it does break and be used as a support then 2.72 is next 4.43 after that