XRP
Long
Zaktualizowano

Is XRP going to $25 ??

Probably.

On the above 5-day chart price action has corrected 80%. A number of reasons now exist to be bullish, including:

1) The ‘incredible buy’ signal has printed. Do not ignore on this time frame.

2) Price action is currently on the 0.618 golden zone as measured from March 2020 bottom to the April 2021 high.

3) The Cup and Handle formation is text book. The handle is forming a perfect bull flag. The $1.80 target is an easy stretch to make from current levels.

4) IF the $1.80 becomes support later this year, expect $25 as the next target.

5) On the 2-day chart (below) price action is printing strong bullish divergence following a buy signal.

Is it possible price action falls further? For sure.

Is it probable? No.

Those crazy targets a number of charts are suggesting are nothing to do with the token itself but rather everything to do with what is happening to the dollar. This is what the beginning of a currency reset looks like.

Ww

Type: trade
Risk: <=6% of portfolio
Timeframe: Don’t know.
Return: 70x

2-day chart
snapshot
Zlecenie aktywne
"Incredible buy' prints on the weekly chart for the first time ever on the weekly chart of XRP price action.

snapshot
Zlecenie aktywne
Price action breaks out of bull flag on the BTC pair. Should be interesting weeks ahead for XRP.
Zlecenie aktywne
Price action (again) lands on the golden pocket.

snapshot
Zlecenie aktywne
Hidden bullish divergence apparent.
Zlecenie aktywne
A big move for XRP cometh the new week.
Uwaga
Forgot to add the chart - see the weekly hammer on past resistance? Which is also on an important Fib level not to mention a higher low.

snapshot
Zlecenie aktywne
70 cents next stop.

Did you see the daily chart? Have you seen what just happened?

Deja-vu 2017..
Uwaga
18 cents to go...
Zlecenie aktywne
September 2018 or March 2017, that is how far you’ve got to look left to see the last time XRP price action broke through the 100-week EMA (cyan line) on the weekly chart.

If is a fact to say that every time this has happened in the history of XRP… price action made astonishing upside moves.

Will this time be different? No.

snapshot
Uwaga
Price action setting up for a monster move

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Uwaga
A 2-week chart. Do you see what I do?

Seems to me everyone panics at a 5-10 cent move. They've no idea what's going to happen. Ironically the evangelical will allow their emotions to sell out long before this target is reached!

snapshot
Uwaga
Bitcoin goes down, XRP goes up. It might not feel like it but a wicked alt-season is nearing. You know the best plays, I've talked about them often enough.
Don't miss out.. upon this market melt-up another like it will not be seen for 3-4 years.
Zlecenie aktywne
close 'short' positions if you've got them open.
Uwaga
Well that's interesting... in a good way.
Uwaga
PS: What happened in the last couple of weeks has not happened since October 2018.
Uwaga
Resistance is printing a breakout

snapshot
Uwaga
Price action is about to print a move to 75 cents in the weeks ahead.
Zlecenie aktywne
Ripple Labs shall win the court case against the SEC in the coming weeks. How do I know? Because the chart told me ;) Something awesome just printed in the chart.

The result will be powerful for not just XRP but all tokens identified as securities by the SEC.
Zlecenie aktywne
A win for Ruppee labs..
Zlecenie aktywne
Close swing trades, will say why elsewhere
Uwaga
A large move upwards is about to print. Don't let the negative emotions doing the rounds shake you out.

Daily chart
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GRP support confirmed.. next resistance at 80 cents
Zlecenie aktywne
A good moment
Uwaga
See the signal print on the XRP-BTC pair? It's not wrong, is indeed a great buy.

snapshot
Uwaga
The macro cup and handle pattern this idea began with a year ago is now easy to see, isn't it?

Price action is currently in wave 3, expecting a corrective move from 3.60.


snapshot
Zlecenie aktywne
Now... especially if you'Re a Ripple fan-boy / girl / non-binary / they / it
Uwaga
Strong GRM support confirmation.
Uwaga
A move to 90 cents begins shortly.
Zlecenie zamknięto ręcznie
Been holding off closing this idea for a couple of weeks, but this now all but certain. Market structure is broken on the monthly. It is not possible to see a bullish outlook for XRP in 2024 and the year after, sorry!

Support is at 12 cents currently, there might be a good long opportunity at that time.
Uwaga
one from the vault

will resistance break?!


snapshot
Uwaga
A full 10x from publication.

Price action now at 2018, Jan 1st resistance. Expect heavy profit taking from here.

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