Which way is the music going?If the price action falls through that 0.382. It will be looking for support. Perhaps at the 0.786 or the 0.618 of the next Fib Channel. How far will the knife tumble?
XRPUSD trade ideas
XRP, XLM, XDC Similar wedges at different time horizon I adjusted a pitchfork to reveal a wedge (bull flag)
These assets have developed the same wedge pattern (bull flag) in slightly varying forms with differing time horizons.
XRP - cross border payment settlement
XLM - local payment settlement
XDC - smart contracts & tokenization of financial assets
This batch of tokens has been under-hyped and likely under valued. Likely due to the government sanctioned heist involving S.B.F and FTX scaring the masses away from crypto with the "Wild, Wild West" risk and losses that lead to the demand by the masses to regulate blockchain/crypto. Like any new tech that surfaces.
If the DXY falls further, these assets may step into the light.
Does anyone have extensive charts on the DXY?
What happened to crypto the last time banks crashed?
Are banks crashing again?
DO YOUR OWN RESEARCH!!
DONT INVEST, ONLY TRADE!!
Performance time for XRPNote the Fib Channel lines from Q1 2021. Then the Fib Channels between those lines and where the 0.618 of those intersect with the price. Where the price goes, no dumb $ really knowns. It has certainly been a rough road for HODLers.
What I find most interesting is the fact that the price did a "rise, retrace, continuation" at the macro 0.236, maybe twice. The X-A-B portion of the Gartly pattern may be a larger "rise, retrace, continuation".
Price may not go far below $0.55 for long, but definitely expect a retest. Last year Ripple's escrow put 1billion(?) XRP on the market them moved 700million(?) back to escrow causing the price to dip down to $0.30, so buckle up for Q1 2024.
There is an intersection where the center of one of the pitchforks meets a 0.618 (golden line) on Dec. 25th. It is likely bait for dumb $. I think we have already seen the "Santa Clause Rally" in other tokens. I have set an alert in case price moves up.
Time will tell where XRP goes. I speculate XRP stays above that 0.236, $0.55.
XRP USDT uptrend move possible.xrp can reach 0.7 dollar if it brokes the strong resistance.
above targets i have given in chart.
only long term buyers.
XRP is hitting some turbulence📉 XRP is hitting some turbulence.
🚨 The trend line has been broken, and it's shouting 'SHORT' right now. 📉
💥 The next support we're eyeing is at 0.48237. But don't think it's going to be a smooth ride.
💨 Momentum has been disrupted, and the market needs a small bleed. Macd? Yeah, it's showing negative signs too.
📊 The 1-hour chart volume? Pretty low. 📉
📅 It's a weekend, and you know what that means. Things can get wild. 🌪️
Hold on tight and watch your steps. This XRP ride might be bumpy.
🛡️ Remember, never enter a battle without your armor, so set your stop-loss and always be ready for the market's surprises.
📢 Share your insights and observations, what's your take on XRP? Comment below and let's discuss! 🔥
#XRP #TradingTalk #WeekendInsights #CryptoUpdate
Got My Trade in XRPUSDThe only thing you need to remember is that in trading, incurring losses is quite common, even if you are correct in your analysis
Previously, the market had gone against us, and, considering the present market conditions, I conducted my analysis, made my entry, and secured my profits.
xrpusd i think its going to pump up from this key levelI am not an financial adviser soo trade at your own risk
IT'S TIME XRP BULLISH RUNlooking at both technical and fundamental aspects of XRP, it's almost time.
Buying spot XRP.
BUY LIMIT @ 0.55000
TAKE PROFIT @ 3.30000
STOP LOSS :
( RISKY @ 0.40530)
( MEDIUM RISK @ 0.28700)
( SAFE RISK @ 0.00000 )
It's almost time for XRP to flyXRP have been consolidating in this range from a long time and looking at both technical and fundamental aspects of XRP, it's almost time.
Buying spot XRP splits.
at rejection of trendline
and at breakout red range I have marked
will see if it taps the red trendline again too. I'll add bigger position on rejection of that area
Xrp USD upside move possibleXrp USD upside move possible
Buying above the 0.7104
Stoploss 0.6708
Target 0.8226
XRP TA price action analysis buy area is green book is prefect area
yellow box is for book profit or invested amount
red box is for exit according to my TA based on price action
before exiting keep on eye on market sentiments
DATES may go up & down to reach targets
BUT
targets r perfect triggering points
only for long term holders
if u want daily trading setup
let me know
XRP B>O>L>O consider the facts of the potential a small investment could do im aware of the potential harmonic confirming bullish formation.Just a good point to consider..
Final Chart evaluation for XRPThis is going to be my final take on XRP price appreciation. Generational wealth awaits.(Not a financial advice)
XRP Ready For A Bullish MoveAfter long period of bearish run and nullification of bearishness by consolidation. It is ready for a bullish run again.
Possible Breakout Generational Wealth Awaits….Case is coming to a close…..The stage is setup for Moonshot…..Ps : Not financial advice
XRP Bulls eye on 0.65XRP Bulls active if stay above 0.48 for Target of 0.60/0.65/0.70
Bears active below 0.48 for 0.45/0.42
we can see 4th wave triangle is completed near 0.48
5th wave is unfolding as showing in chart.
XRP - Ripple - BullishXRPUSD - Ripple CMP - $0.45
Buy Range $0.45350 / Strict Stop Loss $0.30
Target 1 - $0.55
Target 2 - $0.90
Target 3 - $1.25
Disclaimer: This is my view and for educational purpose only.
Logarithmic XRP ChartIf Previous data plays out we can see XRP at around 280$ at the end of 2022. Completing the 4 year cycle of the bear market.
