XRPBTC trade ideas
XRP/BTC - How high can XRP go?Over the next 2-6 months I expect the price of many altcoins to take off, marking the end of the current bull run / market cycle. In the previous 2 cycles (ending 2013/14 & 2017/18) XRP was one of the best performers, and I believe it will be again in the coming months (with or without any progress from the SEC case filed against Ripple).
To try an identify just how high XRP will go, I am not relying on 'what is a reasonable market cap', because the altcoin market is not exactly reasonable to begin with, which Shiba Inu has recently demonstrated. Instead I am looking at the price of XRP in terms of BTC, the market leader, and applying one of the most basic concepts of technical analysis, that history tends to repeat itself. From this I am going to come up with a range of $ targets for XRP, based on the price of Bitcoin.
In 2013 , 2014, 2015, 2017 , 2018, 2019, XRP/BTC entered the highlighted zone (approx 0.000089 - 0.000137). Assuming history will repeat itself, I believe XRP/BTC will enter this zone once again in the coming months, likely marking the end of the current cycle. With a minimal target of $70,000 for Bitcoin (just 6% higher than current market price), XRP will need to reach a minimum of $6 in order for the XRP/BTC chart to enter the low of this zone. If Bitcoin ($) goes higher, XRP ($) will also need to go higher if we are to enter this zone as we have done historically. Taking some common targets for Bitcoin, I have generated respective targets for XRP:
BTC: $70k // XRP: $6 - 10 (IF XRP TOPS WHILST BTC IS AT $70K, IT MUST REACH A MINIMUM OF $6 TO ENTER THE HIGHLIGHTED ZONE)
BTC: $107k // XRP: $9 - 14 (IF XRP TOPS WHILST BTC IS AT 107K, IT MUST REACH A MINIMUM OF $9 TO ENTER THE HIGHLIGHTED ZONE)
BTC: $150k // XRP: $13 - 20 (IF XRP TOPS WHILST BTC IS AT 150K, IT MUST REACH A MINIMUM OF $13 TO ENTER THE HIGHLIGHTED ZONE)
BTC: $227k // XRP: $22 - 34 (IF XRP TOPS WHILST BTC IS AT 227K, IT MUST REACH A MINIMUM OF $22 TO ENTER THE HIGHLIGHTED ZONE)
I am leaning towards the first 2 scenarios, and will be keeping a close eye on Bitcoin price to help determine where to start selling my XRP holdings.
XRP/BTC buy opporunityHi followers,
BINANCE:XRPBTC reacting nicely to the support area, forming higher lows and breaking out of the down trendline.
Potential upside...
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
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Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only
History Repeats ... Triangle Three Incoming...2022!!Just an overview. Snapshot of the marketplace - history perhaps repeating. If the SEC can let loose in two months, XRP will as well!! (If not earlier). The timing is perfect!! I'm flowing the money. Not financial advice. Entertainment purposes, FUN triangles, and opinion only. Good luck everyone!! Cheers
XRPBTC - Reversal StructureIf you ask me we are creating a reversal structure and we can move up at least 20%
I've circled previous reversal structures which all led to a big bounce.
It seems that we are holding support once more !
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XRPBTC - Where we at? 👀The monthly candle will close soon and it seems that we will continue this tight monthly range because we are holding the low!
If we continue this pattern and even if we only move still in the pattern and not burst out, we already can move up 50%!
Risk reward wise this is very good!
Thanks for taking your time to check out my idea 😎😎! Often, my ideas are fast gone from the front page because there are so many ideas on the platform and the algo picks the one with more likes 🤖🤖. I think once I have around 20 likes/idea my idea will be shown in front 🥳🥳. It would be awesome if you could like my idea, (only if you really like it of course) 🤪! I believe that the more we can interact with each other, and share thought about an idea, the more we can learn! 👩🏫🧑🏾🏫👨🏻🏫
Furthermore, I made a challenge for myself, I will add 1 idea for every new follower🦹♀️ So if I have 1 follower each day, I will add 1 idea. If I have 10 followers, I will add 10 🏌️♂️ It’s fun for me and you! More followers = more ideas = powerful community! 💪💪💪 Besides, all the ideas are … FREE 🥳🥳🥳
⚠️⚠️ If you want to know how my previous ideas played out, > push the play button on my previous ideas and check it out 🕵️🕵️
Is there a ticker you want me to look into? Let me know in the comments below ⬇️⬇️⬇️
$XrP Appears ready to really take off! 7x possible. 700% Upside!XRP has been strugling since Feb 2018 with this Bitcoin resistance. It appears just about ready to take off, making the previous 2 week bull run look like a walk in the park.
If this plays out at current BTC pricing we are looking at XRP reaching $14-15 with a possible $19-22 in play!
This is a risky trade and not financial advice!
I am going to trade it!
XRP and the Interesting weekly RSIWhat do we have here?? XRP vs BTC chart on the weekly. The weekly RSI is telling me something different from what the SEC lawsuit is trying telling me. Although the scare of the lawsuit broke the divergence {that ultimately formed another one} it seems to have recently been restored to the long term trend. XRP has formed a lot of strength against Bitcoin and looks to be ready to make it's move.
Always invest with with lowered risk! There is no such thing as no risk.
XRPBTC - Very strong support 🟢🟢🟢XRP entering a ver strong support zone.
The last time we dipped in this zone we went up 70%, the time before 130%
What will you do here at support , long or short ? 😈
I expect a bullish week for alts next week ! 🟢
Thanks for taking your time to check out my idea 😎😎! Often, my ideas are fast gone from the front page because there are so many ideas on the platform and the algo picks the one with more likes 🤖🤖. I think once I have around 20 likes/idea my idea will be shown in front 🥳🥳. It would be awesome if you could like my idea, (only if you really like it of course) 🤪! I believe that the more we can interact with each other, and share thought about an idea, the more we can learn! 👩🏫🧑🏾🏫👨🏻🏫
Furthermore, I made a challenge for myself, I will add 1 idea for every new follower🦹♀️ So if I have 1 follower each day, I will add 1 idea. If I have 10 followers, I will add 10 🏌️♂️ It’s fun for me and you! More followers = more ideas = powerful community! 💪💪💪 Besides, all the ideas are … FREE 🥳🥳🥳
⚠️⚠️ If you want to know how my previous ideas played out, > push the play button on my previous ideas and check it out 🕵️🕵️
Is there a ticker you want me to look into? Let me know in the comments below ⬇️⬇️⬇️