XRPBTC
XRP (XRP) - April 14hello?
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(XRPUSDT 1W Chart)
Support: 0.7251-0.7788
If it does not fall below the downtrend line, it is expected to rise.
(1D chart)
(buy)
- After confirming that it is supported above 0.7251
(Stop Loss)
- When it falls below 0.6283 and receives resistance
(Sell)
- When resistance is received in the range 0.8239-0.8731
- When resistance near 1.0409
A rise above 0.8731 is expected to lead to a surge.
If it falls below 0.6283 and below the downtrend line, it is highly likely to enter the mid- to long-term investment area, so careful trading is required.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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XRP DAILY ANALYSIS!!- As you can see XRP is still consolidating, once the lawsuit is over, whether XRP WINS OR LOOSES, the price will still go up, take KIN coin into consideration, they got sued by the SEC, lose the case, was fined around $5 million dollars, was deemed a security and the price still shot up around 17,000% within 3 years!
Ripple price predictionThe Ripple price has plummeted to the lowest level since February as the stocks and cryptocurrency market fell. XRP is trading at $0.7161, about 23% below the highest point this month. It remains about 47% below the highest point in 2021, bringing its total market cap to about $33 billion. Other coins like Ethereum, Bitcoin, Solana, and Cardano have plunged.
The XRP price has plunged because of the ongoing concerns about the bond market. The ongoing bond sell-off has pushed yield prices to the highest level in years. The yields of the 10-year and 30-year are approaching the 3% mark. At the same time, there are signs that the yield curve inversion will continue for a while.
This performance has helped drag most cryptocurrencies and stocks down. The tech-heavy Nasdaq 100 index has fallen by more than 8% from this month’s highest level. Likewise, the Dow Jones and S&P 500 indices have not done well as investors anticipate a more hawkish Federal Reserve. The bank has already hinted that it will deliver several interest rate hikes this year.
Another reason why the XRP price has dropped sharply is the ongoing SEC vs Ripple case. The case is still dragging in court, and analysts expect the verdict to happen in this year’s second quarter.
The daily chart shows that the Ripple price has been in a strong bearish trend in the past few days. However, a closer look shows that this crash happened after the coin formed a rising wedge pattern ( A rising wedge is usually a bearish sign )
The coin has also moved below the 25-day and 50-day moving averages. The two have made a bearish crossover, signaling that the downward trend will continue. Therefore, the next key support level to watch will be at $0.62 ( the lowest level on February 24 this year ).
#XRP/USDT 150% POTENTIAL RALLY UPCOMING !Hello, members welcome to XRP/USDT 1D chart analysis by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome to this chart.
Show some support, hit the like button follow me and comment in the comment section because this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS:
XRP/UDST looks good in the daily time frame as we can see in the above-mentioned chart that XRP retested the upper trend line and bounced.
So, according to the current scenario, XRP can move up towards the marked doted levels.
Entry:- $0.6850,$0.7200
Traget:- 150%
Stoploss:- $0.5475
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
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Thank you...
XRP triangle breakout 2 📐 Ripple is trying to break up this triangle 📐 and if successful I think there is chance for run to 1.03 and even higher.
ENTRY : local high @ 0.7693
STOPLOSS (SL) : local low @ 0.7033
TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 1.03
REWARD RISK RATIO (RRR) : 3.9
INVALIDATION : when SL level hit
Check my other stuff in related ideas.
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
XRP DAILY ANALYSIS!!- XRP can breakout of that triangle and go up or down!
- If it closes above and retest the trend line to the upside then we could see a 200-300% move to the upside!
- If it closes below and retest the trend line to the downside then we could see a massive crash, possibly a BLACK SWAN EVENT what people keep saying may occur!
BTC needs to get above 48k, before XRP can break out!Here's a quick Look at XRP daily chart. As we can see, the price has been forming a bigger descending triangle and a break to the upside could be around the corner! The price is very close to a bigger break to the upside. We need BTC to get above 48k to gain some bullish momentum - XRP probably won't break to the upside if BTC doesnt get above 48k.
The best entry would be, when the price breaks above 0.922$ with good amount of volume . Definitely one to keep an eye on.
The market is shifting, and big gains could be coming our way!
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The idea is: Buy when the price breaks above 0.922$ and take profits at the levels shown in the chart.
Targets:
1. 1$
2. 1.19$
3. 1.34$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure.
3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
CHINESE BAMBOO TREE ANALOGY ON XRPThe Story of The Chinese Bamboo Tree
- Like any plant, growth of the Chinese Bamboo Tree requires nurturing – water, fertile soil, sunshine.
- In its first year, we see no visible signs of activity.
- In the second year, again, no growth above the soil. The third, the fourth, still nothing.
- Our patience is tested and we begin to wonder if our efforts (caring, water, etc.) will ever be rewarded.
- And finally in the fifth year – behold, a miracle! We experience growth. And what growth it is! The Chinese Bamboo Tree grows 80 feet in just six weeks!
XRP RIPPLE - Market Analysis 📉📉📉📉 Expecting bullish price action on XRP as price shifted the market strucutre when it made a bullish BOS. We have a lot of buy side liquidity above 0.95000 and 1.0000 price area. I think we will see a retracement back into 0.70000 and from there the price will rocket, i already setted my alarm right there and i will clearly wait for a moment to enter.
What do you think ? Comment below..
Is XRP loading up for a big move? Wait for the breakout!Here's a quick Look at XRP daily chart . As we can see, the price has been forming a bigger descending triangle and a break to the upside could be around the corner! The price is very close to a bigger break to the upside. The best entry would be, when the price breaks above 0.922$ with good amount of volume . Definitely one to keep an eye on.
The market is shifting, and big gains could be coming our way!
-------------------------------------------
The idea is: Buy when the price breaks above 0.922$ and take profits at the levels shown in the chart.
Targets:
1. 1$
2. 1.19$
3. 1.34$
-------------------------------------------
What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure.
3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
xrp pattern formation bullish biasXrp almost breaking out of bullish structure
when we breakout aspect rise
to and test the high
coming weeks/ months with upcoming news events
for my longterm play
u should see my other chart to
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