XRP's price has been lagging behind the market, but it makes sense as Ripple has admitted to dumping XRP on retail's head during the rallies. As it stands, the selling of XRP is Ripple's only way to raise capital. However, XRP still remains the only single cryptocurrency on the entire market that has legal clarity. Not even Bitcoin has this, even though it is...
Doesn't smell like a bull just yet. Rarely clean in moves... but this is what i am leaning to right now. Which is a drop to a 56 cents area at least. to form a larger 3 wave move .
As we know, Ripple is inside a 6-year regular flat triangle, so: At the end of Bullrun 2024, I expect the price of Ripple to reach $27. PRZ zones are drawn using two-point Fibonacci on regular flat wave a and three-point Fibonacci based on the previous Impulsive wave and the beginning of the new Impulsive wave.
Ripple has made a smaller regular flat triangle inside it's monthly bigger regular flat triangle. According to Fibonacci PRZ zones for regular flats we have these TPs.
I am still bearish on XRP for the time being & we can see a clear trendline liquidity building up 7 being ready to get taken out. That is when I will look to load up buy positions. However, if this scenario don't work out, my orange zones is where I will look to Dollar Cost Average into buy positions. After a break above each orange zone, I will open a new...
Just based on history and seeing how candles are playing out is a thing of beauty
one for the weekend, i went long on 4h from here (as shown on the chart) The set up looks very bullish Hopefully we get where we want to go over the coming days
I want to leave this analysis here for the XRP army who all think the price will go straight to the moon. Price usually does the opposite of what the XRP army thinks. Usually, the shepherd leads the flock of sheep, but it's not the sheep that lead the shepherd.
Waiting for move to upside in XRP. Sellers couldn't push down to new local lows so expecting moves up soon. Also looks like equities could have a bit of pullback next week or 2. Maybe crypto will rally some then return to a pullback and equities return back to bull moves
XRP Time for a retrace? Seems to be moving in a downward wedge. Expecting to break through shortly to upside. Maybe a retrace of 61.8-78.6% (targets 68c-70c) of the recent move a week ago that saw 74c hit. Then possible visit down to 55-50c?
Last year in July 2023 when XRP won the case ( partly ) with the SEC, price pumped 70% in one day and retraced from exactly like 0.96$ 1$ is just psychological area and a value attraction It will be here by May - just watch
We are approaching exit from the triangle after 6 years of accumulation. The chart shows the potential levels expected in the next few to several months, assuming that no black swan occurs along the way, such as COVID, which will dynamically withdraw capital from the markets. The RSI shows how the lower level has been defended, and in the current accumulation...
XRPUSD 1D XRP to the moon !!! Naysayers gonna fomo in at high prices
Ripple is about to triple . The SEC battle is nearing a close and their opening brief will soon be released to the public. Major exchanges resumed trading late last year after the judge ruled that the secondary sales of XRP is not considered trading a security. The SEC has been involved in heated controversy regarding their approach towards the crypto industry...
The XRP price has been forming a triangle pattern on the weekly chart. The pattern has been forming since 2018 and it is clear that the price as well as the RSI is being squeezed. There is still a long way this pattern could unfold over however if the BTC dominance start falling we might see a break sooner than expected. The hypothetical target would be around the...
XRP has given us a buy signal on the hour 4 time frame. XRP is also giving us a buy signal on our long term trend indicator... We have a unique opportunity to buy XRP right now and it has been on the rise after a pullback finished at the top of the hour. Make no mistake... Your buying this in a uptrend and you have a nice entry right now
XRP on a weekly tf is looking bullish. This is based on price hitting demand zones or discounted zones multiple times. On a daily tf (March 11th candle), price made a change of character to the upside, and again retraced to a demand/discount area.
Hi Traders! XRP Coin has not yet experienced the splendor like other Cryptocurrencies, and this is certainly one of the reasons why we are following Ripple, the second reason, and maybe the most important one, is attributable to the technical structure on the daily chart. A few weeks ago we published a potential bullish harmonic structure on the 8H chart (see...