#XRP 0.50 Cents is a Brick Wall, it will be hard to be broken.
Time for a Price Thread 🧵 to understand the possibility & probability of 0.50 cent Range is our potential bottom.
#XRP on the D 0.50 cents played more than 9 times a pivotal role, as resistance & Support(1/5)
#XRP on the 5 D, Fib 0.786 ( in the Fib Channel) & Fib 0 ( in the Fib Extension) has a confluence on target 0.5071 cents. A fourth confluence that 0.50 Cents is our bullish bounce. (2/5)
#XRP The 200 Weekly MA is confluencing at 0.50 Cents (3/5)
On the Monthly Chart the Lux Algo is still signaling Strong Buy.
This is the 1st time in history of XRP.
It is a 5th sign that we r very near the bottom.
0.50 Cent range is our bottom (4/5)
#XRP on 2M Chart, the edge of the handle is having a confluence price of 0.50 Cents. (5/5)
As promised, here’s a detailed breakdown of #XRP across 5 key timeframes 🕰️, providing a crystal-clear outlook on its next move using the Fib Channel Chart
1⃣ Monthly
2⃣ Weekly
3⃣ 3-Day
4⃣ Daily
5⃣ 8-Hour & 2-Hour
🔎 Monthly Time Frame Analysis (1/7)
Fibonacci Channels are a game-changer! They reveal key support & resistance levels, potential trend reversals, and precise price targets 🎯.
✅ The $0.75 zone was my critical price expansion target, and now, #XRP has penetrated the Fib Channel 0.236, which is incredibly bullish! 💥
🔥 Closing the Monthly Candle above 0.236 will be the ultimate green light to target Fib Channel 0.382. 🏁 This move could unlock the path toward a major rally! 🚀
Weekly Time Frame Analysis (2/7)
Simple Price Targets with Candle Formations:
Scenario A:
❌ If #XRP closes the weekly candle body below $2.44, the chances of revisiting $2.05 increase significantly. 🚨
Scenario B:
✅ If #XRP closes the weekly candle body above $2.60, get ready for an exciting Christmas week 🎄
The odds of hitting the All-Time High (ATH) and pushing beyond it become very high! 🚀💎The key levels are clear—now we watch and prepare! 💪
3-Day Time Frame Analysis (3/7)
Christmas Gift 🎁Incoming for the #XRPFamily and it’s called #ATH (All-Time High)! 🚀
#XRP is currently forming a bullish Ascending Triangle 📐, a pattern known for breaking to the upside 🔝.
While it might hover around for a few more days, the APEX is shaping up between December 25th and 28th, setting the stage for a potential breakout. 💥
Measured Move Target: $3.288 🎯
#XRPFamily GET READY , this could be the ultimate holiday surprise! 🎉💎
Let’s kick things off with the Monthly Timeframe! 🗓️
📊 Monthly Timeframe Analysis (1/7):
✅ As long as December closes without any bearish candle formations such as:
❌Hanging Man
❌Shooting Star
❌Gravestone Doji
❌Bearish Spinning Top
Then we’re in good shape, and January could kick off bullish! 💹
⚠️ Key Level to Watch:
The critical level is $2.2. For bearish formations to remain invalid, the candle body must not close below $2.2.
👉 Wicking, retesting, retracements, are all noise and are less important to me. What matters is the candle formation on the monthly timeframe — it holds major significance for future price action!
📊 Weekly Time Frame Analysis (2/7):
The previous weekly candle with long legs was impressive, showing that the #Bulls 🐂 scooped up every single dip of #XRP! 💪
However, this week’s candle close will be critical for the rest of December and the start of January 2025. 🗓️ Right now, the weekly candle has opened below the body of last week’s close.
⚠️ What Does This Mean?
🔻 Opening below the previous week’s close can indicate bearishness, but we still have 6 days until the weekly candle closes.
✅ If #XRP closes with a full body above $2.44, I can confidently say January and February 2025 will be explosive — get ready for fireworks! 🎆
❌ If it doesn’t, we may range for a while.
🔥 Key Level to Watch: As long as we hold the $2 mark on the weekly time frame, the structure remains solid.
📊 3-Day Time Frame Analysis (3/7):
🐻 On December 2, 2024, the #Bears made their move, dropping the price from $2.9, but the #Bulls 🐂 stood their ground, defending the $2 level and pushing the price back up! 💪
⚔️ The Current Battlefield:
The fight between the #Bulls and #Bears is now centered between $2.53 and $2.17.
📈 Who Wins?
Whichever side reclaims the price with a full-body candle on the 3-day timeframe will dictate the next big move. Victory will decide whether the price surges higher or dips lower! 🔥
🔥 Bulls, get ready! It’s time to scoop up every single drop of #XRP and turn the tide! 💹