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.
Xrparmy
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
XRPurgatoryan eternity of consolidation awaits the xrp army as price consolidates until mid 2021 or 2031 depending on how price action plays out
be prepared by enjoying your life otherwise
if you are a long term holder of xrp then you are used to being dragged along
this chart is for entertainment only and is not a prediction
still it is possible
happy trading
The Future Of XRP.Here on the (One Day) chart i have mapped out the future price of XRP, bullish or bearish scenario. The yellow dashed line is my short term target if the price breaks out above the purple descending trend line. Honestly, I want to see the price of XRP go above this target, and turn it into future support. Overall I am still bullish for crypto in general. So BTFD