XRP update!Update!
Going back to my previous report I would just like to say THANK YOU FOR THE LOVE!
We can see that XRP is moving in the direction of which we predicted and if I may say we have might quite the accurate prediction.
In my "non pro" opinion, I believe we are simply creating structures to sustain the 0.60USD level. I believe this is to be due to the fact that we have not seen these levels CONSISTENTLY building bullish structures since before the SEC lawsuit.
I believe in order to get passed the 0.75USD level we need to consistently build bullish structures from the 0.40-50USD levels to introduce the breakout passed 0.75USD.
The big outburst are not going to last, any experienced trader understands this. We are currently at a level where XRP is being used as speculative subject because the financial institutions are aware of the ability this can provide to retailer investors and BANKS are always looking to have the advantage over retail investors.
With that being said, I would come to assume that regulatory clarity will side with financial institutions as they make the government more capital than the average retail investor and let us not forget to close ties between central banks to governments and banks to central banks. They are all connected.
With the focus being placed on XRP being used as a payment system to potentially replace the SWIFT system, one must ask themselves if retail investors will be able to buy XRP and other cryptos from banks as well.
The main point of this report is to provide my perspective on the fact that I believe the financial institutions are waiting for clarity in the US to integrate XRP in their system. Many people are speaking about Bitcoin not being regulated and that being a problem for the Crypto industry as a whole.
My answer to that is that Financial institutions are buying up assets like BTC AND ETH because once regulated they will have the upper hand as to who is protected under these new "crypto laws" that will be established. These assets will be mainly used for BUSINESS to BUSINESS transactions and XRP will be the one allow these financial institutions and businesses to connect with the average retail investor/average person. At this point it would make sense to see XRP hit 10 or even much higher.
Refer back to crash of 2008, people sold their homes and banks bought them up. Years later those same banks profited and now dictate the outcome of your financial decisions. I am not saying we retail investors will not have the ability to keep our XRP, however, I do believe it will come down to a day where the average retail investor is not able to buy even 1 XRP due the price being too high for them.
In my opinion, the system behind XRP is the reason why I am personally invested. The innovation that comes with XRP simply cannot be ignored and the thing this is just the beginning of understanding what XRP can do!
I do believe the GOV will provide clarity on XRP and other crypto currencies primarily to central banks, banks and businesses and finally the average person. In order to be well POSITIONED, and this is not Financial advice, I would buy and hold as much XRP as I can while I still can.
Thank you for reading this I did promise a more detailed report if y'all showed more love and you did!
Let's get some more love up in here and I wanted to ask you all, should I start making Youtube Vids? LET ME KNOW!!!!!
Xrparmy
XRP rejects SEC Price Manipulation & Begins it's Alt-season! Hey Everyone! Today I bring to you an update on XRP. As we can see after the SEC news, it scared many out of the XRP market, but lets discuss this in depth a bit. The SEC is one part of a government in the US, with most of the trading volume outside of the USA. With US trading mostly halted, it scared a lot of people, but I suspect it was a big money manipulating the market by driving a lot of fear in order for whales to accumulate more before the run up. Black swan events are easy money for a smart investor.
XRP is showing strong signs of trend reversal, making up nearly all of the losses since the SEC FUD event. I expect a little turbulence here as we approach the 80 cent levels, but if we can break this, I think just like 2017, price will rise rapidly, causing FOMO events all the way to my projected target of 10-13 dollars. XRP has a way of surpassing conservative price levels, so I can see XRP beyond these prices by end of year or early next year 2022. I have average entries of 21.8 cents and believe XRP ROI potential will expand and envelope other alt coins as it did in 2017. We also notice XRP tends to lag as others flock into the "hype". Last cycle it was IPOs, now its decentralize finance "DeFi". But as expect XRP will move and move fast as BTC extends to its end cycle.
I am holding the trend to the end and not chasing shorts. I am long until BTC reaches its top.
XRP long, when dafuq did it get back to $0.75? oh wait...Back again,
Not holding too much weight to this one but if it's going up, my entries/stop loss/targets are listed on the chart.
Good enough confluence to from Price Action and the MM setups to take the long. Main bias is definitely coming from how price has busted out of the Correction Channel. Tight stop relative to Target, good R/R.
Do yo THANG XRP Army!
XRP Crashing Structure and Elliot WavesXRPUSD has confirmed an ABC crash correction. Following will be a 5 wave to over two dollars to catch up to the market. We have serious resistance at 30.5 cents, where you can see multiple touch points that have acted as BOTH Support & Resistance. Once we start trading above this, we should see some aggressive upside moves.
XRP price action speculationNOT financial advice. I DO NOT have a financial background. I am NOT a financial advisor. DO YOUR OWN RESEARCH
New at making charts and first chart publishing. With that in mind here goes! Note exact %s and prices are off but you get the idea. Also, weekly chart
I'm showing XRP with the potential to mirror itself from when the .22 (give or take) support level flipped into resistance. See the following:
-Chart is showing symmetry from support level flipping to resistance level
-The 3 yellow circled tops from 2018 & 2019 are repeating
-The 2 red circled bottoms could as well
-This would form a nice launching ramp upwards; with the same intensity as its ride down
-Also, note our current cycle, blue circle, looks very similar to early 2017; huge green candle followed by a red one taking out most of the gains
-After some correction (shake out) and consolidation price exploded 1500% to a high of .40 (green circles)
-Price then corrected/sideways; formed a bull flag
-Critical point was reached /bull flag closed in? and price exploded again another 1500% to all time high (ATH) of 3.40
-XRP then behaved like the roller coaster Raging Bull and gave us an epic free fall
-XRP is carrying all the kenotic energy forward now / the Bull has been let out
-Price shoot up after forming double bottom just recently at .17 / head and shoulders?
-Price to push into the .60- . 80 or .80 - 1.00 before getting rejected back to .45 resistance, flipping it to support
-Blast off to ATH and beyond it slightly; following BTC breakthrough success of ATH
-Afterwards price goes side ways, purple circles till end of 2021
-$3.40 is now support and the ".30 cents rage"
-History repeats and we see another 1500% run up to $56 dollars at least
Notes: News follows price. The news is priced in. A combo of Ripple lawsuit being settled (XRP will be a currency) and Tether lawsuit (will be deemed a security and will decimate BTC; BTC dominance is already pushed past its previous ATH which after its fall led to ALT coins season).
Speculation: With regulatory clarity by new administration, lack of exchanges to purchase XRP (for retail only of course, institutions will be gobbling it OTC or some type of restitution by the settlement by Ripple will give custody of escrow to IMF or Fed or some institution of that nature to help provide liquidity to the markets), and with BTC dominance fall out, and SEC going after other Alts (ruling from Ripple defining most Alts in some way they scare off investors), ETH will suffer some scaling issues or be deemed not environmentally friendly; POF or mining centralized?, will leave XRP as the hands down best (already having clarity, utility, adoption, decentralized, fast, etc) top Crypto. This will lead to the great flipping where XRP takes the number 1 spot as floods of institutional money pours into (or its used as the SDR for gold and commodity backed CBDCs)! Either way, XRP takes its spot as number 1 and price explodes into the 1000s. Also, Flare takes ETH place for smart contracts. "All the money"
NOT financial advice. I DO NOT have a financial background. I am NOT a financial advisor. DO YOUR OWN RESEARCH
XRP👨🚀🚀🪐✨
i hope you bought this ripple shakeoutweekly chart showing its not as bad as the fud parade are making out:
obv is the real key as the volume does not reflect the drop creating a bullish divergence.
the long term trendline bounced the price
the weekly wick (if closed here) will confirm the support around £0.20p
range top went straight to range bottom, price will now travel back to mid
ranage bottom is also the weekly ATR.
better R:R longing here then shorting to zero with the other clowns, be greedy when most are fearful ;-)
XRP Army Iam a fan of XRP for almost three years but considering the volume and the RSI below 50 on monthly is concerning.
Check the buy and sell volume.It seems big bag holders are fed up and moving to btc.
XRP may delisted from some of the exchanges but don't fed up.
If RSI falls below 30 with the current situation it can go upto 0.013$.Fill the bags there.
XRP/USDT 15 MINUTE symmetrical triangle
XRP throwing a bull pennant . Its not hard to see why XRP is one of the coins I am most bullish on. I knew that it wouldn't stay down. They just shook them weak hands out lol. If you agree throw me a like and follow me for more unique ideas and concepts that keep you in the gains.
XRP Perspective with TARGETS!!!XRP has HUGE growth potential. Holding Longs in XRP for the BTC bull market is most equitable. This is a chart that shows fractals, channel of growth, and targets based on fibs (not show in chart). There is a larger move incoming for XRP, while we are range bound at the moment. I am currently LONG from 17.5, 20 ,28 cents. XRP tagets are 10-13 dollars, 20-30, and final stop at 50 plus. No one knows what will happen, but this is in line with a lot of analysts.
XRP/USD LONG $.70 min.XRP appears to be in a bullish descending wedge structure after the last drop. If this holds true, I’d expect another run at the local top. This is all depending on what BTC does of course. Have a plan, but overall I like the way XRP is looking on both USD & BTC pairs.
GOOD LUCK Y’ALL!
Is it the bottom ?Brad Garlinghouse: It reminds me of the dot-com era in that this is a transformational platform that will affect far more industries than are aware today. Blockchain technologies will change transactions in a broad way.
I had been exposed to bitcoin early. I thought the consumer application of it felt, to me, further away. I thought there would be faster adoption of the blockchain in the enterprise space and with banks.
When you look around Silicon Valley at new companies, there are very few ideas that are going to make a dent in the universe. But when I met with Chris Larsen, his vision was to enable the Internet of Value. There are secondary and tertiary implications of that vision which I think even people at the company aren’t aware of yet.
OK OK JUST PUMP YOUR SHITY COIN PLEASE NO MORE BLABLA THE CAPITULATION IS NEAR ...
Where will XRP go?XRP is potentially forming a bat harmonic pattern which will end in 0.2042. As we can see we have just rejected the 0.382 Fibonacci retracements and currently in the descending triangle. We might have a few more swing before decided to go lower. As long as we didn't break above the 0.382 retracements, the downside target will remain. The potential reversal zone will most likely be the last target before the bull run starts