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Xrpanalysis

XRP LOOKS BULLISHConsidering the lack of drop in the timeframe we have considered, XRP seems to be in the build-up phase for another jump. Because the movement after the intended pattern was not realized The previous scenario is declared expired and we have no bias on the analysis. The previous scenario was diametric, but we may be facing a symmetric one, which means that xrp is not ready to drop yet. By maintaining the green range, it can move towards the specified TPs. The safe buy range is the green range, which allows us to have a logical buy/long setup on xrp. Do not enter the position without capital and leverage management and stop setting
by behdark
XRP → Ripple Heading Down to $0.53? This May Surprise You.XRP had yet another rejection off the top of the Triangle Resistance, pushing the price down below the Daily 30EMA. The crypto market as a whole is pulling back from its recent bull run. Are we going down? How do we trade this? 🤔 I believe the crypto market is going to reverse to the downside in the coming weeks. Refer to my recent Bitcoin lifetime analysis for those details: What does that mean for XRP? Given the large bear candle after contact with resistance closing below the Daily 30EMA, RSI below the Moving Average, the crypto market itching for at least a pullback if not a full blown reversal to previous lows, XRP has a high likelihood of touching the Triangle Support. The short-term trade option is to short scalp the market to the bottom of the Triangle with a 1:1 Risk/Reward Ratio. I would use a small position size give we have some distance from Resistance and that this is a scalp, which is inherently higher risk but in trade for greater probability of success. 💡 Trade Idea 💡 Short Entry: 0.61 🟥 Stop Loss: $0.67 ✅ Take Profit: $0.55 ⚖️ Risk/Reward Ratio: 1:1 🔑 Key Takeaways 🔑 1. Contact with Triangle Resistance, falling below 30EMA. 2. Last Daily Candle Closed Below 30EMA. 3. Gap to 200EMA and bottom of Triangle. 4. RSI at 44.00 and below Moving Average, Bias to Short. 5. Bitcoin Showing Signs of Reversal. Scalp Short. ⚠️ Risk Warning! ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and comment if you found this analysis useful!
Short
by TraderEngineering
XRP (UPDATED!) → Ripple Higher Highs! Long the Moon Candle!?Ripple has formed another pattern for us to take advantage of! My previous analysis showed a bear channel followed by what looked to be a forming double bottom. Now we have an ascending channel that appears to be putting in a second higher high. How do we trade this? We have most of the pieces we need to long with one crucial exception; the bull confirmation candle. The ascending pattern, higher highs, price above 30EMA and 200EMA, and RSI above the Moving Average, are all requirements for the long entry and we have them on this chart. Things to watch out for . Bitcoin as a leading indicator is at its Weekly Resistance, we need to be aware that if Bitcoin reverses here, it could stall market sentiment to the upside. Be ready to respond to a bear signal and follow through with any such long position. Trade Idea Long Entry : $0.62 Stop Loss: $0.60 Take Profit: $0.66 Risk/Reward Ratio: 1:2 Key Takeaways 1. Three Legs Down, Trend Reversed. 2. Two Higher Lows, confirming the second. 3. Price above 30EMA and 200EMA. Wait for a Confirmation Candle. 4. RSI at 55.00 and above Moving Average, Bias to Long. 5. Target 1:2 Risk/Reward. You are solely responsible for your trades, trade at your own risk! If you found this analysis helpful, click the Boost button and let us know what you think in the comment section below!
Long
by TraderEngineering
XRP Ripple: A Rollercoaster Ride Ahead! CRYPTOCAP:XRP BINANCE:XRPUSDT.P XRP Ripple: A Rollercoaster Ride Ahead! 🎢🚀📉 Attention, crypto enthusiasts and traders! As we dissect the charts of XRP Ripple, a fascinating pattern emerges, hinting at a significant market movement. After its impending retracement, XRP is poised for a notable surge, potentially offering lucrative opportunities for the astute trader. However, it's not all clear skies and smooth sailing. The rise we anticipate could well be the precursor to a more extensive, cycle-degree bear market. This shift in market dynamics calls for a strategic approach to trading XRP Ripple. For those invested in or considering a position in XRP, now is the time to stay extra vigilant. The expected upswing could be your chance to capitalize, but it's crucial to remain aware of the potential downturn that might follow. In the crypto market, volatility is a constant companion, and XRP Ripple is no exception. The projected bear cycle, while challenging, is a natural ebb in the ever-fluctuating world of cryptocurrencies. To navigate these turbulent waters, keep an eye on key technical indicators and market news. Consider leveraging this upcoming rise, but also prepare for the longer-term bearish phase. As always, risk management and a well-thought-out exit strategy will be key to your success. Stay ahead of the curve, and let's make the most of these dynamic market phases!
by MaestroAI
XRP → Ready to Rocket!? A Simple Chart Answers that Question!XRP found its way out of the bear channel after a 3-leg push downward followed by a bullish reversal. The price meandered sideways and fell below the 30EMA and 200EMA ribbons looking for support. Are we ready for takeoff? Or are we going to sub $0.50? How do we trade this? The current price is at $0.60 above the support zone of $0.57. Sideways outside of a bear channel does not give us the confirmation we need to enter a trade. What we need is a bull signal bar on or near the Support Zone to confirm that the bulls are here to carry us upward. It's reasonable to wait for the price to fall a but further and bounce. Look for a bull signal bar closing on or near its high followed by a strong confirmation bar. Longing in the $0.59 area gives plenty of room for a 1:2 or 1:3 Risk/Reward ratio, a reasonable ratio given we're looking for a trend reversal. I would not short in this scenario until we see more price action. Trade Idea Long Entry: $0.5850 Stop Loss: $0.5416 Take Profit: $0.7150 Risk/Reward Ratio: 1:3 Key Takeaways 1. Three Pushes Down, Bull Breakout of Bear Channel. 2. Not a Strong Breakout. Look for Bull Signal Bar. 3. Price Below 30EMA and 200EMA. Wait for Support Zone. 4. RSI at 40.00 but below Moving Average. 5. Wait for Bull Signal Bar for Confirmation to Long. You are solely responsible for your trades, trade at your own risk! If you found this analysis helpful, click the Boost button and let us know what you think in the comment section below!
Long
by TraderEngineering
XRP will ⚔️Attack⚔️ to 🟢Support zone🟢⏰(4-Hour)⏰✅ XRP seems to have succeeded in breaking the Support line . 🌊In terms of Elliott Waves , XRP completed a Double Three Correction(WXY) . 🔔I expect XRP to attack the 🟢 Support zone($0.4950_$0.4820) 🟢 in the coming hours. ---------------------------------------------------------------------------- 🌐➕ Positive News ➕🌐: Judge rejects SEC’s motion to file an appeal against Ripple ruling. Crypto CEO Very Bullish On XRP Price, Sets Make Or Break Point. 🌐➖ Negative News ➖🌐: XRP Eyes Epic Outflows from Korea's Major Exchange to Mysterious Wallet ---------------------------------------------------------------------------- XRP Analyze ( XRPUSDT ), 4-hour time frame⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
23
🚀XRP🚀 The Monthly Flag Pattern 📈📊 The Flag Pattern: The flag pattern is a technical analysis formation that often indicates a continuation of the current trend. It typically consists of a strong price movement (the flagpole) followed by a consolidation phase (the flag) that forms a distinct shape on the chart. 🏁 A Familiar Sight: XRP enthusiasts might feel a sense of déjà vu because the monthly chart is showing signs of yet another flag pattern formation. We've seen this before in XRP's historical price action. 📈 What It Could Mean: The flag pattern is generally considered a bullish continuation pattern. If history repeats itself, this formation might suggest that XRP is gearing up for another bullish run. 🔎 The Importance of Confirmation: While patterns like these can be exciting, it's crucial to remember that technical analysis is just one piece of the puzzle. Confirmation from other indicators and fundamental factors should be considered before making any trading decisions. 🌌 The Crypto Journey: The crypto market is known for its unpredictability, and every move should be approached with caution. Risk management and thorough research are your allies. In conclusion, the appearance of another flag pattern on the monthly XRP chart is an intriguing development. It hints at the possibility of a new bullish phase, but it's essential to use it as one tool in your analytical toolbox. Stay tuned, stay informed, and remember - the crypto world is full of surprises, and each chart pattern tells a unique story! 📊🚀 ❗See related ideas below❗ Follow + Like this post and share your thoughts in the comments; your engagement fuels the crypto conversation! 💚🚀💚
BITSTAMP:XRPUSDLong
by Yaroslav_Krasko
XRP POSSIBLE 40% GAIN CLASSIC BULLISH DOUBLE BOTTOM hello traders so after doing a quick analysis on XRP it appears that it might gain 30-40% in the upcoming days / weeks . - the price formed a classic reversal bullish pattern : a double bottom on a key level . - the price broke the neckline of the double bottom violently and it appears that it went down to do some retesting . - if the price manages to break that neckline again we might see XRP reach that bearish trendline again and even break out of it and reach new highs . the break out will be the confirmation we need . if you liked the idea be sure to help me out with a like / boost and why not a follow its FREE ! i provide weekly signals and analysis on my tradingview for FREE! this is not financial advice just my humble opinion
BINANCE:XRPUSDLong
by xAB777
8
XRP Finally Reaching Historic Bottoms | Breakout SoonThe Resistance Level : After being broken through, it doesn't hold much merit anymore. However, it should still be used as a sign of possible support in the future, but as of now it still shows signs of resistance, so it's safe to say that this is still an important level and we should be keeping our eyes on this one. 50 Day MA: The 50 Day MA has shows good support and resistance on this time frame, which is why I will be using it. The 20th of March (2023) Is where we started seeing levels of support and movement to the upside. A pattern can be seen of higher highs, and higher lows. If you look back at the 20th of August (2020), we see the same pattern emerge where we break through the 50 Day and proceed to reach higher highs and higher lows. It can also be seen in December (2020) where broke through the 50 Day. Will we see the same pattern in the next weeks, where we fall through the 50 Day, or will it show support? Allow me to give you more information. FIB: The Break Through at the 0.236 Level was important, it shows signs that the market is ready to start seeing bullish pressure, but as we can see there was a reversal, and there is still sometime left before we truly reach higher levels on the FIB. So the 0.236 is still playing as resistance, but good signs of of a breakout soon. RSI: The 3 overbought tops back in 2020 aren't the only tops we've seen on XRP, we've even seen them back in 2017, and now we are seeing the same patterns today. This is the pattern: Breaking through 40.00 to show bullish pressure, 50.00 playing as support, the 3 overbought tops, then begging of bear market. As we can see we are starting to reach those tops, which means this is the LAST FALL, OR have AT LEAST one more to go. Historic XRP Candle Pattern: This is the Pattern: Rally, then a fall, Then Retrace to the Hight of previous rally, consolidation, then the final rally. That's what we saw in 2017, 2020, and now we are seeing the first steps of it right now. Summary: We are waiting for prices to reach 50 Day MA, where we can retrace back to the SEC Rally and consolidate, but there may be a final fall as history is showing us.
BINANCE:XRPUSDLong
by DenzelitoTrades
The Xrp launchpad beyond $1 deadline...The image itself is explanatory. Setup for $1 & beyond! We have a March 2024 deadline approaching and currently Xrp can never drop below 0.43 cents again. What a BEAUTIFUL launchpad being created! So there's very little movement for Xrp to the downside. We're talking 0.20 cents max! But looking damn bullish to the UPSIDE!!! Oh yeah 😎 😏 😁 📈 Downside VS UPSIDE.. obvious is obvious. And it has nothing to do with some lawsuit. The charts is the news.. not the other way around. They have to make news for the price action of Xrp because the launchpad is heating up and we ain't 👀 seen nothing yet! So to recap.. the downside potentiality compared with the upside potentiality there's SERIOUS money 💰 to be made from now to March regardless of temporary downside movements.
BITSTAMP:XRPUSDLong
by Immortalsouls
2
XRP , TP is between 2.1 to 2.2$ !XRP seems stronger than ever, and we may be in the beginning of wave four. Therefore, the price decline in wave four should end between 0.57 and 0.59 cents. If it stabilizes at these prices, we can say that the decline is a 38.2% Fibonacci retracement. The price growth and the start of wave five will be here, and wave five will be as long as wave three, with a target between $2.2 and $2.1. The time to reach the suggested prices: The price of 0.85 will be around late June 2024, and the price of $2.1 will be around December 2024. Please note that the dates are approximate and not exact. The analysis method: The analysis is based on Elliott waves, Gann fan, Fibonacci, and Ichimoku.
by khosrooparviz
7
XRP The Fall of the RiseHello fellow traders! In this analysis we will talk about the XRP In short! very bad picture!! still, 1. Cardano Founder Is Done with XRP (u.today) 2. XRP Supporter John Deaton Jumps into SEC v. LBRY Case 3. Ripple, SEC make final bids for a quick win in XRP lawsuit 4. 5.. .. ... and many more to be written! while price falls Whales add more XRP amid rumors of lawsuit ending interesting piece.. let's consider this scenario: coin image is for sale the price falls more whales buy a big chunk then the value will rise the whales sell at a profit and the price falls again and we are in the red... (the good scenario) then let's wait a little longer and then buy If you liked this idea or if you have your own opinion about it, write in the comments. Thanks for reading!
BITFINEX:XRPUSDLong
by GP101
2
XRP, will history repeat?XRP and the Army. XRP will do nothing and could be considered a stable coin until it finally doesn't. Historically XRP does nothing without the rest of the market, they all follow bitcoin. When does the magic start? When the yellow line crosses the purple and the red, more specifically the purple. Until then, stable coin. I have that area circled in prior history. When it starts it should be 4 weeks of insanity then a correction and pause for approximately 8 months and a final 4 weeks of the final phase. That's the good news, the bad news is it might be well into 2024 and bitcoin will have to make new highs before XRP de-pegs it self from it's stable coin status. I have also added the TDI indicator on the bottom as it shows the bear market areas and bull market areas. I Have linked another chart that I made a few back on XRP and a lengthening altcoin cycle chart. I have picked long for XRP but I don't expect it anytime soon. The earliest would be late this year but most likely 2024. WeAreSat0shi Thank you
BITSTAMP:XRPUSDLong
by WeAreSat0shi
2
Ripple: Rollercoaster 🎢After the exciting rollercoaster ride during the past few weeks, Ripple has lately been showing more interest in following our primary scenario. We expect the altcoin to resume the downwards movement, heading for the support at $0.2874. Soon, our crypto friend should drop below this mark to finish wave (c) in magenta and then turn upwards again. However, there is a 40% chance that Ripple could have already finished wave alt.(c) in magenta and thus climb directly above the resistance at $0.5847 to develop wave alt.i in orange.
KRAKEN:XRPUSD
by MarketIntel
1