SEC
DESCENDING BROADENING WEDGE PATTERN ON XRP!!In this Chart, you will see a Descending Broadening Wedge Pattern is forming on the XRP.
Meanwhile, BTC Dominance is rebound, I think this scenario would likely play out as the market will continue it's downwards momentum. While waiting BTC Dominance pullback for Bullish Scenario on XRP.
There is some target that I put on the chart, and let's see together about what could possibly happen on XRP.
Disclaimer: This content is not a Financial Advise.
XRP JUST BROKE OUT THE INVERSE HEAD & SHOULDERS!!XRP just broke out the Neckline from Inverse Head & Shoulders on 1H Timeframe.
The impact might be for a very short term, but still, I guess it's good to trade with any situation that we've got on the Chart.
The target for XRP is around $0,94. But, we might see XRP re-testing the neckline first before trying to breach the upper Resistance that potential forming a Rising Wedge Pattern.
Wish you well and have decent profits.
Disclaimer: This content is not a Financial Advise.
Elon Musk vs BitcoinElon Musk is the new Donald Trump of the Markets.
As Elon Musk tweets go, so does the markets especially the cryptocurrency market, namely Dogecoin, Bitcoin & CumRocket among the main ones. (Trump had similar effects from his tweet as president of the United States on the stock market.) The billionaire and Tesla CEO has been have been specifically tweeting about crypto a lot recently affecting prices by up sometimes fewer than 80 characters and memes of dogs.
I am not sure what his game plan is most recently but Elon Musk have been driving the price of Bitcoin down relentlessly and with coordinated and precision attacks at some of the weakest low liquidity trading times. Musk’s tweets may not be for his own financial gains, but they are highly affecting crypto investors and he is attracting a lot of hate from the community currently for his actions.
My main questions are why is he doing it? Can anyone stop him? What will be the long-term effects of his actions? Could he be driving down the price so that us retail investors can hop on for a highly discounted ride to the moon?
Ripple, XRP, SEC and the FUD of the century - My final idea.
SEC's price suppression on XRP is coming to an end as it is rumoured that SEC employees and whales have already bought as much as they could at low prices.
Earlier this year the defence case for the San Francisco firm had looked dead in the water with maximum FUD, haters clapped and weak hands sold, according to crypto observers.
The SEC file its lawsuit a few days before Christmas 2020, claiming its founders were selling it's product, imagine that? a company selling products is something unheard about until now. They also stated its founders were getting rich, something unheard also.
Now, six months on and after series of bruising battles, it appears the odds are now with Ripple Hodlers.
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Dear TradingViewers, so this is my last and final idea, it was fun while it lasted but my humour is not for everyone and I keep getting banned in here, thanks for everyone's likes and comments, all the best.
XRP/USDT - TIME TO SHINE FOR XRPAssalamualaikum and hello guys. Last time my analysis is not going to do a big wave for correction before going deep again, and now price is break. So, it’s time for this pair to shine again. the price has broken on the line that has been marked as in the following figure. I assume the price will go down around 0.52 - 0.47. The MA 20 on candle weekly also shows at that price. please be
prepared, prices will soar again and will surpass ATH in 2017 before this. this is just my 2 cent opinion and not financial advise. Please DYOR!
XRP/BTC Breaking out of Daily Triangle PT1 $2.31 PT2 $4.05 XRP/BTC is showing beautiful movements and is breaking out of a symmetrical triangle as we speak. Interestingly enough, XRP/USDT is also inside of a symmetrical triangle on daily and weekly candles.
Additionally, we have a very bullish MACD crossover, the last time this occurred was the beginning of April when the price ultimately went to $2 USD. We are clearly at the start of a similar move but from a higher starting base.
PT1: $2.31
PT2: $4.05
PT3: $7.73
XRP - DailyA zoomed-in look at the downside bias for this pair on the Daily Timeframe.
After reaching the Monthly (Dec 2017 / Jan 2018) candle bodies and reaching the Weekly Fibonacci Extensions, we have another Fibonacci in play aligning with our downside targets.
The -61.8% Extension aligns up nicely with the Monthly (Dec 2020 / Jan 2021) candle bodies from the Monthly Timeframe analysis.
I think this will be a great opportunity to shake out those new investors who caught on during the last few months looking to FOMO into the hype as this bias is showing on other pairs such as BTC, ETH & DOGE.
For us early buyers who caught on at $0.20, this would be another great opportunity to accumulate more at our original buy-in price.
Already looking good!
XRP - WeeklyFollowing the previous post of the Monthly Timeframe, this Weekly Fibonacci further validates why $1.96 is a rejection zone.
The -161.8% Extension aligns with the Dec 2017 / Jan 2018 candle closes where we have tapped it perfectly.
I would anticipate that the next move would be back towards 61.8% and 78.6% retracements where we can identify the next set up.
I will post a Daily Timeframe analysis of this bias to complete the full top-down analysis which shows more confirmations.
XRP looking incredibleXRP has had a massive capitulation and went all the way back to its 2014 & 2017 cycle lows because of the SEC decision... but they still have a chance to win + some people still believe it is decentralized so none of that matters. Overall longs got destroyed and there are no sellers left which makes it a lot easier to pump.
Resistance is very clear here but of course it could go much higher than that later on.
"RIPPLE SEC LAWSUIT" LONG XRP 2021 Providing very basic technical analysis of XRP/USD
Ripple's native cryptocurrency, XRP, is one of the most attractive assets to look at for long term and/or short term investing. Short term, there are many opportunities involving XRP, however if you are trading cryptocurrencies you should always expect extreme volatility at any moment. None of anything I say or write is investment advice, I am only a stranger you do not know on the internet discussing an asset that I have been extremely passionate about for the past 5+ years. That being said,
On this Weekly Chart we can see that the .702 Fib. level has been wicked down to, there is about 9 hours left to this Weeks close, on the lower time frames this area has been respected as support. Both the .382 and .702 areas on my fibs are colored different than the rest of my fib levels. That is because these are areas of extreme significance to me personally. I always am on the look out to see what price will do at these levels. On the week of the 13th of August 2018 there is a wick which begins a trendline that also wicks on the 17th of June 2019, this extends all the way through to where we are currently at today. Waiting for this Weekly close. All moving averages are bullish, confirming uptrends, the adx and di for crypto is also confirming uptrend. The higher high on the weekly has been created, we are now looking for a higher low to continue the trend upwards.
The prices around that trend line, which begins in 2018, is now being tested on lower time frames..
So currently there is a lot of exciting action in the markets, the news on top of all of this is even more exciting! (and bullish)
The goal for this post is to monitor XRP long term, I will be posting more information about NEWS, and any exciting updates on XRP here as well.
$XRP in a nutshell - Last distribution?Hello XRP community! Hope you enjoying the XRP ride so far.
$XRP is in its third accumulation phase, preparing for a new impulse wave to break above the 2$.
Some XRP hodlers have sold their positions between 1.8 and 1.9 due to decreasing volume. But overall XRP is still bullish! After a correction down to 1.56 we might see another +20% move very soon.
PS1: SEC lawsuit might ruin this whole thing
PS2: XRP relist will take us to the moon