Possible price dump to sub 0.25ish level.Hello all,
It has been.....quite some time indeed since i posted an idea. So here is one that you might not like. I fed many of you with hopium in some charts and I'm still confident we shall see new ATH which i place around 5 to 7 $.
Yet this is not going to happen before another year or 2... Yeah..My grey hair are growing waiting...
We are going to see sub 0.25 level short term should 0.40 area of support not hold.
If it ever goes again that low or any lower, please grab this chance to add more XRP to your stack.
Take care all.
XRPUSDT
Ripple can rebound from support line of channel and start growHello traders, I want share with you my opinion about Ripple. Looking at the chart, we can see how the price a not long time ago traded near the 0.5800 resistance level, which coincided with the seller zone, and soon reached this level and later broke it too. After this, Ripple rose to 0.6240 points and then started to decline inside the downward channel, where it in a short time broke the 0.5800 resistance level. But a long time price traded very close to this level and later finally rebounded and made a downward impulse to 0.5215 current resistance level, which coincided with the support line of the channel and resistance area. And the price at once rebounded and rose to the resistance line of the channel, but soon turned around and declined lower the 0.5215 level, thereby breaking it. Also recently Ripple fell below the resistance area, which continues to trades at the moment. So, I think XRP can decline to the support line and then it bounce and start to rise to the 0.5215 resistance level, therefore I set my target at this level. Please share this idea with your friends and click Boost 🚀
Will XRP experience an epic PUMP, or an epic DUMP?The chart isn't really that clear right now, and could go either way. There's an argument that there's still a ton of room to the downside/about to fall off a cliff. And, there's also an argument that XRP is about to bounce like a kid jumping off the roof on to a trampoline.
What do you think?
HelenP. I Ripple will break support level and continue to fallHi folks today I'm prepared for you Ripple analytics. A not long time ago price started to decline inside the downward channel, where it first rebounded from the trend line and declined to the 0.6350 resistance level, which coincided with the resistance zone and soon broke it. After this, the price declined to support line of the channel, after which XRP turned around and rose until to the resistance zone, but cannot fixed and soon made impulse down to 0.5000 points, and at once backed back to the channel, making a fake breakout. Later price rose to the trend line, which is and resistance line of the channel, and then rebounded down to the support level, which coincided with the support zone. Recently Ripple tried to rise back, but failed and now continues to trades near the 0.5250 level. For my mind, XRP will break this level again, but this time RIpple can continue to decline to support line of the channel. That's why I set my target at the 0.4950 level, which coincided with this line. If you like my analytics you may support me with your like/comment ❤️
XRP getting closer to turning pointThis is not financial advice, only what I see on the charts.
If we look at the weekly chart of XRP, there is a huge Dragon formation formed, spanning over multiple years.
Price action is now moving between a narrow space of support and resistance and at the low of the rising channel while Stoch SRI is getting closer to a bottom.
Once it breaks resistance and price gets over the orange line, we can look at targets of $1.32, $1.95 and $2.41.
On the other side, if support is broken it could get much lower, but this would invalidate the huge Dragon pattern and is less likely to happen.
Will XRP Teach Us a lesson?According to the school of technical analysis, “The basic concept of underlying harmonic patterns is based on price/time movements that follow the symmetry of the Fibonacci ratio and its correlations in markets.”
The issue with Harmonic Patterns is that harmonic pricing patterns need to exhibit movements of a specific size in order to indicate an accurate reversal point when the pattern expands.
Therefore, looking at CRYPTOCAP:XRP it demonstrates a pure Harmonic movement working a long-term ascending channel.
On a weekly Oscillators standpoint, the indication is by far clearer to reality:
- Momentum (10) 0.12776 = Buy
- MACD Level (12, 26) 0.03080 = Buy
- Exponential Moving Average (20) 0.58496 = Buy
- Simple Moving Average (20) 0.56844 = Buy
- Exponential Moving Average (30) 0.56559 = Buy
- Simple Moving Average (30) 0.57230 = Buy
- Exponential Moving Average (50) 0.54378 = Buy
- Simple Moving Average (50) 0.51553 = Buy
- Exponential Moving Average (100) 0.53909 = Buy
- Exponential Moving Average (200) 0.51817 = Buy
- Simple Moving Average (200) 0.54754 = Buy
XRP/USDT possible next move? 👀🚀XRP Today Analysis💎 Paradisers, it's time to observe #XRPUSDT closely, as it is making an intriguing move by trading in a demand zone, setting the stage for a potential bullish shift.
💎 Our analysis shows that #Ripple has been consistently following a descending channel trajectory, respecting the channel resistance three times. Currently, there are a few possible scenarios unfolding. If the price can uphold its momentum at the demand level of $0.5365, we might see a bullish move. However, should this scenario not play out, our focus will shift to a potential bullish rebound from a lower demand level at $0.4964.
💎 Another key point to consider is if #XRPARMY continues its downward trajectory and breaks below the demand level of $0.4964, this could lead to a significant bearish movement.
Just an ideaJust an idea, you can see Xrp went for $0.1665 to $0.5000
Then snapped back to $0.0085 before ripping up to $3.50
Always watching this coin because we all see it’s huge pontential, with BTC making a pattern to drop and black rock trying to control the market, I imagine we could see a sharp push up to collect, followed by a heavy retracement down before take off.
Currently sitting on the side waiting for confirmation of entry, but what we have seen in the past before Xrp takes off is a quick wick down then too the moon.
Currently sitting around $0.55 we could see a break downward if it doesn’t hold, however if it does hold we could see a push up collecting before a sharp retracement before take off.
Good luck and have fun with it
RIPPLE - Price can bounce up from support level to $0.5850Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
Recently price entered to falling channel, where it reached $0.5935 resistance level, which coincided with resistance zone.
Then price bounced and in a short time declined lower than $0.5600 support level, and later it declined to support line.
Ripple bounced from this line and made strong upward impulse to resistance line, making fake breakout and exiting from channel.
Also, price broke $0.5600 level and $0.5935 too, but a not long time ago it bounced of resistance line and declined below this level.
XTP fell to support zone, and recently price bounced up, and now it trades near support level.
Possibly, Ripple can bounce up from this level to $0.5850, thereby breaking resistance line.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
XRP to 10usd, what about 30 cents?I frequently watch various XRP videos where individuals predict a price surge, ranging from $10 (the "less" optimistic view) to $100 or even $1000. These predictions often come with fantastical explanations about why such increases will occur.
However, the harsh reality contradicts these optimistic forecasts, as XRP hasn't shown significant movement during this bullish trend. Despite an initial rise of approximately 50%, this gain has been nearly entirely offset.
Analyzing the chart reveals a conspicuous presence of selling pressure, with each upward spike promptly followed by selling activity.
From a strictly technical standpoint, if XRP falls below $0.5, the path to $0.3 seems inevitable, carrying a high probability of a drop to that level.
The bearish scenario can be dismissed if XRP rises above $0.65, but even in such a situation, substantial growth seems unlikely. From my perspective, $1 is the most optimistic scenario for this coin, even under the best circumstances.
XRPUSDTXRPUSDT was trading in symmetrical triangle pattern. The price was reacting well the support and resistance of triangle.
Currently the price has given the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 0.600
What you guys think of this idea?
Ripple can rise to resistance level and try to break itHello traders, I want share with you my opinion about Ripple. Looking at the chart, we can see how the price some days ago broke the 0.6900 resistance level, which coincided with the seller zone, and started to trades in the range. Inside range, XRP firstly declined to 0.5900 current resistance level, which coincided with the resistance area, after which it rebounded and made an upward impulse to the seller zone. But the price at once turned around and in a short time declined back to the 0.5900 level, making a fake breakout. Then Ripple bounced from this level and tried to rise, but failed and made a strong downward impulse to the support line, thereby exiting from range and breaking the 0.5900 level. After this, the price at once rebounded from the support line and rose to the resistance area, even rose higher than the resistance level, but recently XRP declined back, making a fake breakout. Now price trades near the support line and I think that Ripple can bounce from the support line and rise to the resistance level and try to break it. After the breakout, XRP will make a retest of this level and continue to move up. So, that's why I set my target at the 0.6300 level. Please share this idea with your friends and click Boost 🚀
Expect to see a continuation of strong growth of $0.75LONG #XRPUSDT from $0.586 stop loss $0.48
4h TF. The price is trading in a long-term accumulation, within the framework of which we managed to make a local breakdown of the structure into an upward one.
I expect to see a continuation of strong growth from the mitigation block at the level of $ 0.511 with the aim of breaking through the downward slope, a cascade of resistance levels and updating the local maximum of $0.7535
XRP|The possibility of starting a new BULLISH waveAfter the price reached the resistance area of 0.7154 in the form of an upward trend, we saw the return of the price, which is in the form of a descending channel.
The demand areas in the daily time have prevented the price of Ripple from falling further, which has gathered all the available liquidity in these areas in a last ditch effort to start an upward trend.
At the moment, we have to wait for the channel to break upwards, and in the return to valid support areas, we should enter into buying transactions to reach the price targets of 0.7154 and 0.8341.
XRPUSDT to $1.22 this year?2 factors drive my analysis for why I'm forecasting XRP to hit $1.22 this year.
First:
XRP ETF Speculation from Blackrock. - BlackRock CEO Larry comment on the potential for an XRP ETF on Fox Business interview “I can’t talk about that!” when asked about an XRP ETF.
This left investors and analysts parsing his words for hints of BlackRock's possible foray into XRP
2nd: Technical Analysis
2 sides of the coin for this, as seen by my bullish green price action arrow forecast and bearish red price action arrow forecast.
However, i'm leaning more towards longs, due to fundamentals where despite volatility and FUD, the overall momentum is hopeful bullish.
At the time of posting - 14Jan 4.30 SGT, XRPUSDT is on the weekly support -resist level. Previous week's candle closed bearish, however, with a long wick showing buyers strength. This week looks to be ending on a green candle. Long sell wick indicates sellers strength.
Weekly is gonna close with a sideways momemtum, as market is hesistant and bith bear and bulls are looking to see each others next move.
I however, expect week support to be respected, and pump up to week's resist after some consolidation, to retest March 22 week resist zone.
If price retest Mar 22 resist zone and forms support on 0.748, I'm expecting XRP to push all the way to 1.22.
While bullish for $1.22 target, that'll probably be pre ETH ETF, to which, a massive liquidity grab will bring XRP back to 0.5-0.8 zone.
XRP High probability Uptrend with 70% move with target: $1.042The analysis below outlines a bullish case, with a target price of $1.042, marking a potential 71.76% increase from the current level.
Ascending Channel Formation:
The XRPUSD has been trading within an ascending channel, exhibiting higher lows and higher highs, a classical indicator of a bullish trend. The lower boundary of the channel has consistently provided support, suggesting a strong buying interest.
Consolidation Zone:
Prior to the current price action, XRPUSD was consolidating, with the price oscillating between a well-defined range of support and resistance levels. The upper boundary of this range may act as a springboard for a breakout.
Z-Score Probability Indicator:
The Z-Score indicator has dipped into the red zone, which often precedes a reversal. Given the other bullish signals, this could indicate a potential buying opportunity.
Moving Averages:
XRPUSD is currently trading above its significant moving averages, which have started to trend upwards, suggesting a bullish market structure.
How XRP got the bullish trend confirmation by Bullish Bngulfing Hello everyone,
XRP is aiming to establish a new price zone between $0.62 and $0.64, which could pave the way for a further rise to $0.71-$0.75.
In this post, I will share with you a clear and easy analysis of the XRPUSDT pair on a 1H chart. As you can see, XRP recovered from the market dump and entered a wide price zone, which indicated a potential upward trend. Before the break of the downtrend line, there were two long-wick candles in the price zone, which showed that the buyers were testing the resistance level. The break of the downtrend line was followed by a strong bullish Engulfing candle, which signaled a reversal of the bearish momentum and a continuation of the bullish trend. I hope you find this analysis useful and informative.
What do you think about this analysis? Do you agree or disagree with it? Please share your thoughts and opinions in the comments below. I would love to hear from you.
Disclaimer: Please note that this is not a financial advice and you should do your own research before making any investment decision