XRPCRYPTOCAP:XRP is looking good in a weekly chart. After a successful breakout from a triangle, we will see massive gains. Always use stop-loss. Everything is on the chart
Trust @TheCryptoCity1
#Dollar #BULLRUN2024 #1000x #memecoins #Altseason
XRPUSDT
XRP Breaking out of consolidationAll my CRYPTOCAP:XRP HODLERS.
After nearly 2 months of consolidation, XRP saw a slight pump due to XRP20 Inscriptions, that saw fresh 3-5m worth of payment transactions flowing through XRPL.
Looking back at the charts, this pushed XRP to almost retesting a strong 2 months 4 hour resistance zone.
Looking back at Aug, there was a similar duration of consolidation, before a 1.5x pump from 0.4 to 0.6.
If history repeats, we are looking at XRP hitting the 0.8-0.9 levels.
LFG!
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: $0.55
⚖️ Risk/Reward Ratio: 1:1
🔑 Key Takeaways 🔑
1. Contact with Triangle Resistance, falling below 30EMA.
2. Last Daily Candle Closed Below 30EMA.
3. Gap to 200EMA and bottom of Triangle.
4. RSI at 44.00 and below Moving Average, Bias to Short.
5. Bitcoin Showing Signs of Reversal. Scalp Short.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
Like 👍 and comment if you found this analysis useful!
XRPUSDT Elliott Waves Analysis (Investment Idea)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Main(investment) target zone: 5 - 7.5$
Cancellation of setup - consolidation under ~0.3
RR: 1 to ~30
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
#XRP/USDT#XRP
The price approached strong resistance areas and broke the downtrend at that point
We expect that the price will push strongly upward, achieving levels that we have not seen in almost a year
My current entry points are 555.
Targeting the following levels
0.7370 $
0.9840 $
1.360 $
1.650 $
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like this kind of analysis don't forget to like and follow
XRP, breakout mode? XRPUSDT / 1W
NEARUSDT / 1W
Hello Traders, welcome back to another market breakdown.
XRPUSDT is one of the charts I'm waiting for confirmation then pul-back. The price seems to be forming a triangle which is a beakout mode.
Checkout the chart for where I would like to get a spot entry.
Trade safely,
Trader Leo.
📉⚠️ XRP Alert: Brace for -30% Drop 🚨💥The current state of the cryptocurrency market appears to be quite worrisome. The resistance level of XRP, one of the popular cryptocurrencies, has been breached, indicating a potential significant decline of around 30% from its current value. This could signal that the cryptocurrency market may be in for a rough patch, and investors should be cautious with their investments.
Ripple $XRP Xrp Cup and handle Pattern... Breakout?CRYPTOCAP:XRP currently in a falling channel of it's Cup and handle Pattern!
Current Price: $0.63
A break out of the channel will lead to Neckline resistance (0.71-0.73)
A break above neckline resistance will lead higher resistances: 0.81, 0.89, 0.97
If #Xrp cannot break above neckline resistance then expect a retest of previous supports!
XRPUSDT.1DBased on the provided market data, the XRP cryptocurrency is currently trading at $0.63 against USDT. The Relative Strength Index (RSI) for 4 hours, 1 day and 7 days is 67.81, 54.85, and 53.09 respectively. This suggests that XRP is approaching overbought territory on the 4-hour chart (RSI above 70 indicates overbought conditions), while the daily and weekly RSI readings are in the neutral zone.
The Moving Average Convergence Divergence (MACD) for 4 hours, 1 day, and 7 days are 0.0037, 0.0001, and 0.0306 respectively. This indicates a bullish trend in the short term (4 hours) and a more neutral trend in the longer term (1 day and 7 days).
The Bollinger Bands (BB) for 4 hours, 1 day, and 7 days are 0.6433, 0.66, and 0.69 respectively. The current price of 0.63 is below the middle band in all cases, suggesting that XRP is not overbought.
The main resistance levels are $0.6681, $0.6720, and $0.6919 for the 4-hour chart, and $0.67, $0.71, and $0.73 for the daily chart. For the weekly chart, the resistance levels are at $0.73, $0.90, and $1.36. On the other hand, the support levels are at $0.6176, $0.5998, and $0.5775 for the 4-hour chart, and $0.60, $0.56, and $0.54 for the daily chart. For the weekly chart, the supports are at $0.56, $0.46, and $0.44.
In conclusion, the technical indicators suggest a short-term bullish trend for XRP, but the cryptocurrency is approaching overbought conditions on the 4-hour chart. Therefore, traders should be cautious about a possible price correction. In the longer term, the trend is more neutral, and the price could move in either direction, depending on market conditions and sentiment.
XRP → Why is Ripple standing still and when to expect growth?BINANCE:XRPUSDT is underperforming across the board, although fundamentals, are relatively positive. The coin is forming a consolidation. What should we expect from this situation?
XRP is forming a weak, but still bullish trend. On the chart, we see the formation of a sideways movement within a symmetrical triangle. Consolidation inside the ascending price channel.
The price movement is due to the conflict related to the SEC and securities. The crypto community expected the settlement of the conflict or some key news on November 30, but it did not happen. The trial has been postponed to spring 2024, where it is likely to be settled, but there is no clear understanding whose side will win in this situation. If we ignore the SEC, Ripple continues to actively expand and enter into contracts with large companies. Technically, the altcoin market looks very bullish and the more we see the gap between CRYPTOCAP:TOTAL2 and XRP, the tenser the situation becomes.
Support levels: 0.585, 0.493
Resistance levels: 0.648, 0.7325
Until the issue with the regulation of the dispute between Ripple and SEC is over, the coin will continue trading inside the price channel. We expect the price to decline towards the trend support area followed by a rebound towards 0.7325.
CRYPTOCAP:XRP COINBASE:BTCUSD CAPITALCOM:US500
Regards R. Linda!
RIPPLE - Price can little decline and then start to move upHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
When price entered in triangle, it first bounced from support line and rose to resistacne line, breaking $0.6520 level.
XRP in a short time declined lower than this level, exiting from triangle and starting to trades in flat.
In flat, price fell to support level, which coincided with support area and even made fake breakout, but soon backed up.
Then Ripple made upward impulse to $0.6520 resistance level, broke it, exiting from flat too, and entered to wedge.
Inside wedge, price fell from resistacne line to support line, but recently it rose to resistance line back.
In my mind, Ripple can fall a little more and then bounce up to $0.6800, exiting from wedge and breaking resistance level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
XRPBTC 1939 Days Trendline breakout?XRPBTC
Since May 15, 2017, the top XRP bitcoin pair has been in a downtrend for over 1939 days with a clear trend line. today #XRP is breaking the multi-year trend in the #BTC pair.
(not confirmed yet)
as long Key support holds no panic( 0.0001570 weekly Base)
Resistance levels(TP)
0.00002170
0.00002772
once this level is cleared then we can look for a higher target, for now, this should do it!
XRP USDT pair looks good as well
The potential target I am looking for is for mid-term $0.55 -$0.61.
With ETH/USD cooling of the big-cap coin should do well.. ada, xlm dot vet... drop some like might drop also more chart for those Cheers.
always do your own research and risk management.
XRP is ready for a new triangleXRP has been forming triangles that start with spikes for a long time. Its conflict with the SEC and lawsuits prevented it from fluctuating and followed a boring chart.
However, with new agreements, XRP continues on its way. In the coming days, news of a new deal or a statement about SEC lawsuits may cause a sudden rise and create a new triangle formation. Because we are about to come to the end of the current one.
XRP ANALYSIS🔮 #XRP Analysis 💰💰
🌟🚀In 4hr time frame we can see a formation of "Ascending Triangle Pattern" in #XRP. $0.6370 is a crucial resistance and if #XRP breaks it then we will see a good bullish move.💲💲
🔖 Current Price: $0.6215
⏳️ Target Price: $0.6880
⁉️ What to do?
- We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #XRP. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#XRP #Cryptocurrency #DYOR #PotentialBreakout
After correction, Ripple can rebound up from support lineHello traders, I want share with you my opinion about Ripple. By observing the chart, we can see that the price a few time ago price declined from the 0.6280 resistance level, which coincided with the seller zone to the support line. After this, the price rebounded from the support line, which coincided with the 0.6000 support level, and in a short time rose to the resistance line of the wedge, but when Ripple reached this line it at once around down and started to decline. Price fell lower than 0.6280 and 0.6000 levels to support line of the wedge, thereby breaking these levels. But soon, the price bounced of this line and made a strong upward impulse to the resistance line, which coincided with the 0.6280 level, breaking the support level again. After this movement, XRP bounced from the resistance line and declined to support line of the wedge, where it continues to trades near. So now, I think that Ripple can make a correction to the support line again and then rebound up to the resistance level, thereby exiting from the wedge. For this case, I set my target at the 0.6280 resistance level. Please share this idea with your friends and click Boost 🚀
When XRP crosses the green trend line...When XRP crosses the green trend line - it's 'Hello $1.25!'
Then the herd will come rushing in... 'hello $2.00!'
Hold on tight...
XRPUSDT # 007 ( Notice for Bullish rally !!! ) Hello dear traders.
Good days.
April-2024 Monthly Bullish Gann square will Finish , and expected XRPUSDT reach itself to the 0.618 Gann Box price level which will be about 3.09 $ .
Two scenario is considered for bull run move .
- 1st Scenario ( Green Line ) : expected to reach itself to the 0.618 price level at begins of New year
- 2nd scenario ( Blue line ) : expected to achieve 0.618 Gann Box Price level and end on Monthly Gann Square time zone which will be around April-2024 .
Road map is plotted with help of Gann Square and Gann Box.
Good luck and safe trades.
Thanks for your support and comments.
XRPUSDT: Ripple Effecting a Bullish Surge! 🚀💹Introduction: 🌐 Get ready for a ripple effect in the crypto markets with XRPUSDT! Traders are diving into a long position from $0.624, as the price transitions from a prolonged upward movement to a consolidation phase, marked by a bullish structural break. Let's explore the details of this potential surge.
Trade Details: 💰 The long position (#XRPUSDT) sets sail from $0.624, anchored with a stop-loss at $0.6. The rationale behind this move is the price's shift into a consolidation phase after a sustained upward movement, with an observable bullish structural break (BOS).
Technical Analysis: 📊 Zooming into the 1-hour timeframe, XRPUSDT has entered a consolidation phase, within which a bullish structural break (BOS) is apparent. The trader anticipates a continuation of the upward movement from current levels, aiming for a breakthrough and consolidation above the descending slope.
Expectations and Strategy: 🎯 The trader expects a 7.5% potential market movement, excluding leverage, as the price aims for a breakthrough and secure consolidation above the descending slope.
Trade Target: 🚀 The primary goal is to ride the ripple effect, capitalizing on the potential bullish surge and achieving a net market movement of 7.5%.
Conclusion: 🌊 XRPUSDT invites traders to ride the wave of potential profits. Prepare for a bullish surge, watch for the breakthrough and consolidation, and get ready to experience the ripple effect in the crypto markets! 🚀💹
LONG #XRPUSDT potential is 7%LONG #XRPUSDT from $0.624 stop loss $0.6
1h TF. After a fairly long increase, the price moved into a consolidation phase, within which we can already observe the breakdown of the structure into an ascending one in the form of bos.
I expect the growth to continue from current levels with the aim of breaking through and consolidating above the downward slope, the potential is 7.5% of the net market movement excluding shoulders.
XRPUSD strong resistanceRipple hit strong resistance again at 0.6254
if this resistance still cannot broken, short target at 0.6102 and 0.5868
HelenP. I Ripple can continue decline to $0.6000 support levelHi folks today I'm prepared for you Ripple analytics. After the price started to rise, it at the sort time reached 0.6600 resistance level, which coincided with the resistance zone and later broke it too. The price rose higher than the resistance zone and rose to the trend line, but soon XRP around down and made a strong impulse down to the 0.6000 support level, which coincided with the support zone, thereby breaking the 0.6600 level. After this, the price bounced from the support level and some days traded near, but also recently Ripple fell below the support zone and then in a short time rose to the trend line, making a fake breakout. As well soo, the price rebounded of this line and at the moment it trades very close. For my mind, Ripple will break the trend line, rise a little more, but then rebound down to the support level, breaking the trend line again. That's why I set up my target at the 0.6000 level. If you like my analytics you may support me with your like/comment ❤️
XRP Bullish 24 Hrs ☀️; Bearish 1-Week Forecast ☁️ Mixed trading conditions lie ahead for the global crypto market in the next 24 hours, with a bullish sun ☀️ shining over Bitcoin, Ripple’s XRP, Binance Coin, Avalanche, and Polygon. Bearish clouds hang over Ether, Chainlink, and Cardano. ☁️
Over a one-week horizon, these bearish clouds ☁️ will move in and are likely to weigh on the price of Bitcoin, Ether, Litecoin, XRP, and Polygon. The bullish sun ☀️ will continue to shine over Cardano, Binance, and Avalanche.
Follow us for more crypto weather reports!
Can XRP Moon Before mid January?I was trying to figure out when Ripple token can start to pump. I found this interesting pattern that looks like it fit pretty well. According to this pattern, XRP should pump around mid january, with a possible peak around 1.4 usd. Is it possible?
