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XRP Continues to Mirror BTC's Macro Pirce-Action; Only Slower.XRP since it was listed on Poloniex back in 2014 seems to have mirrored the overall price action of BTC over the years but at a much slower pace. It would appear that BTC makes the move first then XRP takes about 65% longer to make a move of equal significance. We can see that BTC had a Major Pump in 2013 and that from there it traded within a range until 2017 before rising 5,424% XRP's story appears to be the same but with the small twist that it is still trading within it's Multi-Year-Range that it's found itself trading within after a huge 2017 rise. 2022 will be coming to and end soon and it will soon be that XRP has traded 6 Years within this range and just like BTC in the past it appears to be holding on to a trendline, if XRP goes like how BTC went, then we should expect XRP to be nearing or even above the top of the range Several Months after it's first test of the trendline which would point us to February 2023. If XRP's Multi-Year-Range Breakout lives up to BTC's, I would expect to see an approximate 5,400% pump from XRP's Range Highs which would take it up to the seemingly insane and "unreachable" target of $120.94 We even have some added Monthly MACD Hidden Bullish Divergence to back XRP up.
POLONIEX:XRPUSDLong
by RizeSenpai
9
XRP - Two Longs on the Horizon!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 Medium-Term: XRP broke below the $2 support zone last week, shifting the momentum from bullish to bearish. 📍 As it retests the lower bound of the channel — which perfectly intersects with the orange demand zone and the $1.5 round number — I’ll be looking for short-term longs. 🚀 For the bulls to take over in the long term and kick off the next bullish phase, a breakout above the red structure at $2.15 is needed. Which scenario do you think will happen first — and why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
TICKMILL:XRPUSDLong
by TheSignalyst
16
XRPUSD Future PredictionsSummary: We know that most big cryptos are making moves towards the downside, the question is how long will this last. Is this a typical crypto correction, or have the markets become bearish? We know this happens a lot based on history, so my predictions are this correction won't last much longer as many big cryptos are sitting and rejecting at major support levels and we will see a move back to the upside. Please do you own research and use this as a tool! Keeping it simple will work wonders, don't overcomplicate your trading strategy! Balancing risk is the best strategy you can use!!!! Chart Analysis: Based on this chart, we can see that price has began to break through the support level on this chart. There are nearby support levels below that you can use to structure any stop losses if you are buying or are in current buys. It looks like price broke through and is retesting the break with some rejection. So price may continue towards the downside, but keep a close eye on things.
BITFINEX:XRPUSD
by Claywolk
Updated XRP Count Bearish (Short Term)Hello Friends, I've been trying to tackle this count for a couple of days now and finally came up with something that fits the picture and seems to work. I’m not in love with this count—it’s very tricky when it comes to the X wave. I’ve been reviewing and processing what the highest probability count could be for this part of the structure. As we understand it, Wave 1 of the 5th wave (or Wave A of the Y wave) was completed around January 20th at approximately $3.40. From that point until now, we are likely in Wave 2 of the 5th wave (or Wave B of the Y wave), which appears to be nearly complete. Wave 2 (or Wave B) is forming as a sharp double zigzag: A zigzag in Wave W A truncated, ugly-looking sharp double in the X wave (which I’m not a fan of, though I believe it’s valid and it fits) And a zigzag in Wave Y, which we are currently still in Probabilistically, we are in Wave B of the Y wave and should retrace to around $2.10–$2.40. As more subdivisions develop in the B wave, they’ll help confirm more precise target ranges in the coming days. I expect we’ll finish in the $1.60–$1.36 range (leaning more toward the lower end around $1.43–$1.36) to complete this correction before continuing toward the $10 target area. Thoughts? Thank you, GOD BLESS and TRADE ON!
BITSTAMP:XRPUSD
by schu3269
XRP: XRP following Chainlink 2024 PlaybookI'm seeing a lot of Bearish Head and Shoulders XRP "iT's aLL oVeR" posts/videos. It should be noted that XRP is following the same Head and Shoulders Fake Out Chainlink went through in 2024. A stab down below the head and shoulders neckline into the white trend based fib extension support area before going to new bull market highs. Base Case: $8 Bull Case: $26 It also should be noted that Chainlink in 2024 spent 94 days trading sideways before breaking out to the upside.
BITSTAMP:XRPUSDLong
by StockScaper
1