XRP
Long
Aggiornato

Logarithmic Trend on XRP, XRP bottomed out last year

6515
XRPUSD
istantanea

Here is a different view of XRP compared to my old one (
XRP Pre-Breakout
)

Despite everything happening with XRP, we have touched the bottom of the logarithmic channel and XRP is ready to shoot past that fib above which has been quite strong resistance.

The SEC outcome will determine what happens with the XRP chart.

Either we drop back to the bottom of the channel for a while, or we jump over the fib above and slowly move towards the top of the logarithmic trend channel

Nota
*My previous XRP idea has been updated*
XRP Pre-Breakout
Nota
There is a fib around 55cents that's important to break & hold before we can make a move towards the 80cent region
istantanea
Nota
Here is a closer look around the key area
istantanea
Nota
This was posted on my previous XRP idea, however I'll be expecting the price of XRP to follow a pattern kind of like this: istantanea
Nota
New idea!
The true bottom for XRP is in, XRP train leaving soon
Nota
istantanea
What's that famous saying? "Be fearful when others are greedy, and greedy when others are fearful"
This is applicable to the current situation with XRP...
Buy the fear..
Sell the greed..

I've had a closer look at the weekly chart against BTC for XRP & noticed some more bullish signs:
- VMC's market cipher B shows a triple bullish divergence on WT (on the weekly scale)
- VMC showing bullish divergence on stochastic RSI as well
- MacD bullish crossover just occurred
- Buy signals flashing on VMC B
- Appears bottomed out (Confirmed via other charting methods e.g renko/P&F/Line-break) *See idea posted for XRP/BTC*

Now, with the declining price, increasing volume and strong bullish divergences in a very strong support area for the XRP/BTC pair, this could break out at any moment...
Buy the fear..
Nota
istantanea Point & Figure Chart set to 5min shows a massive ascending triangle forming, a break above would lead to a major rally
Nota
istantanea Zoomed in
Nota
istantanea
^More macro scale
Nota
istantanea
XRP is in a massive double descending wedge & ready for a big breakout on the BTC pair
Nota
XRP Double Descending Wedge Within A Macro Descending Wedge

^New idea for XRP
Nota
PA update for the ascending triangle on P&F for the USDT pair
istantanea
Nota
1hr line break chart showing massive resistance cluster above
istantanea
Nota
A look at resistance with renko set to 1hr bricks istantanea
Nota
Here is a nice & clean look at support & resistance areas for the XRP/BTC pair on a renko chart
istantanea
Nota
Reduced brick size to spot the early reversal
istantanea
Nota
istantanea
Looking at just demand only with a P&F chart, we are in an area of demand for XRP that's only been visited 3 other times, each with a major breakout & price move up
Nota
istantanea Triangle almost broken
Nota
The ascending triangle on Point & Figure broke out!
Nota
Gold vs XRP is extremely bearish atm & looking like XRP is set to make a major move up against gold:

istantanea

istantanea

istantanea

istantanea

istantanea

Silver vs XRP very bearish for silver, looking like XRP is ready to make some major gains against it!!

istantanea

istantanea

istantanea
Nota
istantanea
look familiar?
istantanea

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.