Ripple (XRP) Needs to Exhibit These Three Moves to Go Parabolic: Analyst

2023-11-28 20:30

Analysts JD and Cryptotoes share crucial insights about Ripple (XRP), providing a glimpse into the potential for a parabolic move.

JD lays out three key factors that could pave the way for a parabolic move in Ripple XRP:

Bullish SRSI Cross: The first indicator is a bullish cross on the Stochastic Relative Strength Index (SRSI), signaling a positive momentum shift. SRSI Lines Above 80: Both lines on the SRSI need to cross above the 80 mark, indicating a strong upward trend. 8-Year Trendline Break: The breaking of an 8-year trendline is identified as a pivotal moment, potentially triggering a parabolic surge.

JD tantalizingly mentions that once these conditions align, smart money—representing 5% of investors—might seize the opportunity for life-changing profits, leaving the question: Will you be part of that 5%?

Cryptotoes Spotlight Bullish Cup and Handle Formation

In tandem with JD’s analysis, Cryptotoes introduces a bullish cup and handle formation for Ripple XRP. The progression towards a potential breakout hinges on specific criteria:

Close Above Daily 21MA: The first checkpoint is a daily close above the 21-day Moving Average (21MA), setting the stage for bullish momentum. Blue Resistance Break: The breakout level is identified as a close above the blue resistance, a crucial threshold that could mark a significant shift in market sentiment.

Cryptotoes, ever mindful of market dynamics, cautions that while bullish formations hold promise, they don’t always unfold as anticipated, emphasizing the need for vigilant observation.

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In summary, these expert analyses provide a roadmap for Ripple XRP enthusiasts, offering key indicators and formations that could potentially lead to a noteworthy parabolic move. As always, strategic awareness and readiness remain paramount in the dynamic crypto landscape.

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The post Ripple (XRP) Needs to Exhibit These Three Moves to Go Parabolic: Analyst appeared first on CaptainAltcoin.

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Ripple (XRP) на Currencies.ru

$ 0.5169 (-0.15%)
Объем 24H $959.633m
Изменеия 24h: -0.41 %, 7d: -0.66 %
Cегодня L: $0.5159 - H: $0.5213
Капитализация $28.618b Rank 7
Цена в час новости $ 0.6132 (-15.7%)

ripple xrp parabolic these three move needs

Источник: captainaltcoin.com

ripple xrp → Результатов: 126


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Фото:

Издание Forbes назвало блокчейн Ripple «зомби-сетью»

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В феврале компания Ripple продала 120 миллионов из зарезервированных для своей казны 200 миллионов XRP. Интересно в этом процессе то, что бездействующий два года адрес кошелька, который контролирует компания и который помечен XRP Scan как «Ripple (52)», отправил 100 миллионов токенов на сумму $53,5 миллиона на адрес «Ripple (1)».

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