롱

Is XRP going to $25 ??

업데이트됨

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

액티브 트레이드

"Incredible buy' prints on the weekly chart for the first time ever on the weekly chart of XRP price action.

액티브 트레이드

Price action breaks out of bull flag on the BTC pair. Should be interesting weeks ahead for XRP.

액티브 트레이드

Price action (again) lands on the golden pocket.

액티브 트레이드

Hidden bullish divergence apparent.

액티브 트레이드

A big move for XRP cometh the new week.

노트

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.

액티브 트레이드

70 cents next stop.

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

Deja-vu 2017..

노트

18 cents to go...

액티브 트레이드

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.

노트

Price action setting up for a monster move

노트

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!

노트

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.

액티브 트레이드

close 'short' positions if you've got them open.

노트

Well that's interesting... in a good way.

노트

PS: What happened in the last couple of weeks has not happened since October 2018.

노트

Resistance is printing a breakout

노트

Price action is about to print a move to 75 cents in the weeks ahead.

액티브 트레이드

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.

액티브 트레이드

A win for Ruppee labs..

액티브 트레이드

Close swing trades, will say why elsewhere

노트

A large move upwards is about to print. Don't let the negative emotions doing the rounds shake you out.

Daily chart

액티브 트레이드

GRP support confirmed.. next resistance at 80 cents

액티브 트레이드

A good moment

노트

See the signal print on the XRP-BTC pair? It's not wrong, is indeed a great buy.

노트

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.

액티브 트레이드

Now... especially if you'Re a Ripple fan-boy / girl / non-binary / they / it

노트

Strong GRM support confirmation.

노트

A move to 90 cents begins shortly.

매매 수동청산

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.