XRP is still in a bullish cycle, on the 4th of December 2021 it completed the last of a 3 wave correction downside, I think the end of this correction means XRP can reach new highs, thought we were expecting to end the correction at about $0.84 areas with a maximum retracement going as low as $0.60, We were not looking to exceed below our blue box area thought at...
Price is trying to make the resistance support and we were are waiting for more information.It’s a buy if buyers confirm 1450 level…yellow line. If sellers confirm 1450 level than short. There’s a double top formation that is very sexy to a single bottom.
Clearly $XRP has made a massive break ABOVE key down trending resistance, which it has now turned to support. If we are to identify the next resistance level, one has to look no further than the .618 FIb. $1.41 is the Key, break that and it would not shock me to see $XRP explode to $2 in short order.
Teknikal Tipz:
#XRP
Possible na bumaba ang presyo sa $.64 bago tuluyang umakyat ng $.82.
Still shows bullish signs sa 1D Timeframe kahit overbought na dahil sa bullish divergence.
dear traders,
the hearing from today bombshell:
a big exchange asked the SEC, can we trade XRP? is it a currency or a security? that was in 2019. The SEC didn't response, so the exchange traded XRP.
So what changed between 2019 and 2020: Nothing... Strong point from the lawyers of XRP. Big fault from SEC.
Things are very positive for XRP.
You saw that run from...
Hi to all, this is my idea on XRP,
Please comment if you agree or not with this idea.
XRP price just bounce with a little bit of trouble form the EMA200 and break the neck line from the previous H&S pattern, this means that the bearish market end.
The MACD and the RSI also are ready to support this movement.
Enter Price above the neck line: 0.23
Targets:
Right...
I expected a retrace to about .38 (by coincidence fib retrace and price), but I expected it to take a little bit longer. In any case this is about a perfect scenario to buy back in as everything is setting up for a reversal and it shouldn't be long before it starts heading back up toward .48 and beyond. Look for a strong weekend and keep your eye on the volume ...
Currently breaking out of an ascending triangle while currently in an uptrend. The current uptrend should give us the confidence to believe that with continued volume we should see about .325 fairly soon "if" the candle closes above the trend line.
MACD looking bad, and still need a breakout above that Ichimoku cloud. Banks found a way to circumvent XRP. Fundamentals do not look good moving forward.
Banks have no intention of mass adoption of XRP, they will copy the tech and do their own thing. Just my opinion......
