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XRP Price Prediction: huge profit warning detected. Ripple bulls in anticipation of rapid growth


XRP Price Prediction: huge profit warning detected. Ripple bulls in anticipation of rapid growth
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

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Compared to other altcoins experiencing overwhelming growth during this bullish period, Ripple hasn’t made any significant steps up. Traders are a bit disappointed, but it’s not all lost yet – that’s what tradingview users think. So, will Ripple take the course on new price targets, or it’s doomed? Read XRP price predictions – you’ll be surprised.

We hope for high profits and low risk

It’s high time for trading!


Ripple (XRP) price chart from Cryptosuf

At the moment, XRP looks very good. The TF pattern looks like a descending triangle which would break upwards if we can see it hit E. It can also break up earlier but to be safe, a purchase in the green zone will help. Right now, it’s the perfect time for trading, so don’t miss your chance!

XRP/BTC is ripe for a breakout

Ripple can repeat the same pattern as in 2015-2017

Ripple (XRP) price chart from FlaviusTodorius67

So far, XRP is the only altcoin that hasn't yet risen much since BTC made the last low and started rising now. XRP seems absolutely unimpressed and the price didn't change much.

Let’s look at XRP/BTC price chart to understand why.

XRP/BTC is interesting: 95% of the time it keeps just going down, and then suddenly, it pops around the Bitcoin top making an insane rise!

We could see something similar happen as the last time. There is a large triangle within a falling wedge structure in 2015-17.

Right now, a new big triangle has formed which will soon end. If XRP/BTC breaks to the downside, we might see something very similar happen as in 2015-17.

If it breaks sooner to the upside, the idea is invalidated. There’s a potential for a sooner break to the upside because stock RSI is massively oversold on weekly.

What about long-term perspectives? XRP/BTC can easily reach peak values again in the next 2-3 years. If BTC is at 100k in 2021, XRP/USD could go as high as $25-35.

According to FlaviusTodorius67, XRP has an interestingly high potential ROI (even x100 is possible).  

A great opportunity to make some good gains

There’s still a chance for XRP to grow and reach $0.40

 

Ripple (XRP) price chart from Cryptosuf

Now we get down to the XRP/USDT chart. To get a better understanding of Ripple’s performance, let’s take a look at the fractal analysis performed by Cryptosuf. Both currencies had a handle after about 30-35% increases from the bottom of the rounded formation. Both have an ascending triangle looking in the middle (RED) between Adam and Eve.

That might seem strange, but Cryptosuf looks a great opportunity for gains in this fractal. It meets a lot of requirements. Thus, there’s still a chance for us to see Ripple crawling to $0.40 during this spring.

XPR to go up 60%?

XRP/BTC is likely to grow by 60%

Ripple (XRP) price chart from JessicaWhite

User JessicaWhite analyzed XRP/BTC chart and found out there’s a chance for it to grow by 60% based on the triangle formation.  According to her, XRP/BTC will grow to 0.00004381 in 21 days. Thus, it might be a good idea to invest now.

If you’re an advanced trader who prefers keeping assets in Bitcoins, you might increase your riches soon using Ripple as an instrument. Despite its slow growth in relation to the US Dollar, it might reach new heights on other markets.

XRP price charts are taken from TradingView

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Pump or Dump? BTC Price Analysis Is Interpreted in Two Opposite Versions


Pump or Dump? BTC Price Analysis Is Interpreted in Two Opposite Versions
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Contents

One of the most extravagant crypto traders on YouTube, Crypto Kirby Trading, has come up with his own observation of Bitcoin price predictions and technical analysis. His notes give us a hint that there are two ways for BTC to go. What are they? Watch this YouTube video and check out which BTC price theories the trader has.

Head & Shoulders pattern – a bullish sign

Head & Shoulders bearish pattern cannot stay unnoticed – we can see it forming from the beginning of April until now. However, the right shoulder hasn’t formed yet, so the pattern should be confirmed – don’t rush to make conclusions.


What happened recently when BTC fell into the abyss? According to Crypto Kirby Trading, it was resistance short. Shorts got a little bit high, and they squeezed it. In fact, the recent squeeze didn’t bring us anywhere – it’s like nothing happened.

At the moment, BTC goes sideways and sees resistance. Judging by H&S pattern, the volume peak has been reached, and now we are under resistance line in the right shoulder. If BTC’s price suddenly goes up, the pattern will be invalidated.

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Pattern within a pattern

Which pattern has been taken by BTC? It depends on how you look at it! What do we have here?

Descending triangle pattern or an ascending triangle (a little bit longer term)? Both are possible!

There has been lot of speculation about these patterns – that’s the problem. So, we have two different triangles and H&S, three patterns at the same time. If the H&S or descending triangle get validated – BTC is expected to go down to $5,000 and further into the abyss.

Take a look at the chart. We are still trading below the key resistance in the red box, and the rest of indicators still look bearish. We haven’t been trading so low since February 2018! That’s why it’s hard to believe that we will pump.

According to Crypto Kirby Trading, the $6,000 resistance might be very hard to beat – the hardest in BTC history. Very unlikely that it will happen in the nearest time, but who knows?

So, what should happen?

Crypto Kirby Trading  reckons that the possible $4,500-$4,300 would be a better bottom to buy BTC even than at the winter level. However, you should be very attentive. We are testing the November 2018 levels, and it’s important to make proper adjustments here.

Currently, the volume has been higher than in the previous months, but it’s not promising – it seems to be declining gradually. If we go down, we will reach consolidation to resistance.

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What should happen for a dump?

If we move sideways without touching resistance, expect a bearish period, and we’ll continue adjusting the triangle pattern until it breaks. Confirmation of patterns is required – don’t rush to make conclusions yet.

One more thing signifying a possible dump is the Fear & Greed Index – 61, which means we can fall as it always occurs when we get greedy and want to squeeze maximum profit from the market.

What should happen for a pump?

For pump, we should break the red box ($5,750). We should test the top of the box as well as the H&S and reach new volume – we want this boom to happen and bring us to the top, don’t we? If that happens, opportunities can get insane because the bulls vs bears battle will be epic. We might get through $6,000-$7,000, but of course not without failing the first attempts to scratch the top – it always happens this way.

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