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.
XRPUSDT
XRP/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this XRP/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- XRP, which fell by as much as 5% during today’s session.
After peaking at 0.6623 during yesterday’s session, XRP/USD plunged to a bottom at the 0.6253 level.
XRP, formerly Ripple, has been on the decline since its peak of 0.9479 on July 13, which was a 20-month high.
The latest drop coincided with the RSI failing to break out of a key resistance zone at the 46.00 region.
In the event momentum remains bearish throughout the week, XRP could be moving towards 0.5000.
I have tried to bring the best possible outcome to this chart.
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XRPUSDT Defies Gravity with 50% Growth Potential💎Following our previous analysis on #XRPUSDT, we can observe a significant development in the price action. The decline was halted at the uptrend trendline, coinciding remarkably with the Volume Profile support level. Notably, prior to this, there was a strong rejection of the 200 Simple Moving Average, establishing a crucial support level at $0.41.
💎As long as this support level remains defended by the bulls, and the Volume Profile support and uptrend trendline continue to be respected, the probability leans in favor of an uptrend continuation. Paradisers, it is essential to acknowledge that #XRPUSDT faces a formidable resistance near the $0.55 area. However, considering the aforementioned factors, the odds currently favor the bulls.
💎Taking all of this into consideration, we can anticipate a potential price increase of 30% to 50% for #Ripple in the coming weeks. It is worth noting that key resistance levels, as often observed, are based on Fibonacci retracement indicators. The nearest Fibonacci resistance level sits at 50%, while the second and most significant level is located at 61.8%. Intriguingly, if #XRP surpasses the 61.8% Fib level, we may witness an exponential price surge of 100% or more.
💎To summarize, a buying opportunity with a strong risk/reward ratio is apparent. However, it is important to consider factors such as multiple bounces off the supply area, which slightly diminish the probability of an uptrend. The MCP team remains vigilant, and #Ripple could potentially be one of the first coins to experience significant movement in the near future.
Revisiting XRPUSDT after our last bullish forecastIntroduction and Context:
💎Since our last analysis of #XRPUSDT, there's been a lot of speculation about the next moves for #Ripple. A month has passed since the pullback, and it's time to delve into the price action once more.
Understanding Key Zones:
💎The previous supply zone around $0.6 has transitioned into a demand zone. This shift indicates that this area might attract buyers.
Conversely, the supply near $0.9 has been staunchly defended by bears. This sets the stage for a trading range with support at $0.6 and resistance at $0.9.
Fibonacci Insights:
💎The price has touched the 61.8% Fibonacci level, a common retracement point. This is significant as it often indicates potential future price movements.
Trend Analysis:
💎The prevailing trend for #XRPUSDT is bullish, characterized by higher highs and higher lows. Given this trend, there's a higher likelihood that the price might ascend again, targeting the $0.9 supply zone.
Potential Downward Movements:
💎If #XRP were to break below the demand zone, we could anticipate a drop towards the 88.6% Fibonacci support level at $0.47. This could be followed by a period of consolidation before any potential uptrend continuation.
Bullish Outlook Invalidation:
💎A significant bearish indicator would be if the price breaks below the $0.41 support. This level is crucial as it's where #XRPUSDT previously bounced off both the uptrend trendline and the 200 Simple Moving Average. It also represents the previous lower low. Unless a new lower low is established, the outlook for #Ripple remains bullish.
xrp---> what happen after pump?!hello guys...
I choose the weakly time frame to show you this detail!
you can see the xrp break up the descending trendline and break out the rectangle, as you can see the target of the rectangle was 0.66 fibo level touched,
so let me go another time frame!
be with me!
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WHERE WILL XRP GO? (1D)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ICP symbol.
Although it went up very wildly, but it reached the red drawn resistance that I had specified, it was rejected.
Now correcting for our diametric F wave. If it reaches the green zone, you can buy for the rising G wave
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
☁️ Forecast for XRP ; Downside Risk; Shorting Opportunity? 🤔Clouds ☁️ or rain 🌧️ loom over Ripple’s XRP due to potential setbacks in the ongoing court case against the US regulator.
This hints at a slightly bearish market with downside risk in the near and medium term (3 days to one week).
Follow us for more crypto weather reports!
Ripple XRP price has not yet gained the "strength" next riseA bit of time has passed since the rapid rise in the XRPUSDT price and emotions have calmed down, so it's time to take a rational look at the chart.
The previous XRP price increase was surprising only in terms of the time it took to work out, but not in terms of price targets.
Looking at the XRPUSD price chart now, it seems that the correction of the previous growth is still too small. Accordingly, the correction should continue, and the price of Ripple should fall.
After this paragraph, here going to get a lot of dissatisfied "XRP believers" :)
So let's put it this way: with our personal money, we would be ready to buy some XRP for our investment portfolio no earlier than the price zone of $0.59-0.61.
And after that, hold it and wait for the next x2 growth with a desire to sell it in the price range of $1.15-1.25
P.S:
At this stage, we consider "wet dreams" about the price of XRP at $5-10-100 or even $300, to put it mildly, inappropriate. Because then Ripple's capitalization will be larger than BTC, the entire crypto market now, than the capitalization of gold, the US government debt, etc. Hopefully, you have caught the logic and critical thinking.)
But if "somehow" the issue and supply of XRP coins is denominated 100 or even 1000 times, then miracles can happen)
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Ripple is poised to break through all resistance levels...Ripple is a powerful cryptocurrency. The upcoming resistances will include 0.66, 0.68, 0.70, 0.72, and 0.76 cents. It also has two strong trend lines(green lines) from the past that will act as resistance.
The analysis style is based on Gann, trend lines, Ichimoku, ADX, and DI.
XRP 4HR Analysis: Key Levels: .60 and .66 4HR 200 Moving AverageXRP is currently consolidating underneath a zone created by the BIG run up it had around July 13th.
Next we will make another push higher to and above .66 or get a clear rejection sometime soon down to under .60
Alerts set at .60 and .66
Once Triggered I will watch the 1HR timeframe to anticipate the next move.
RIPPLE - Price can break resistance line and continue to riseHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
Recently price traded inside flat, where it reached top part of flat and started to decline to resistance level.
When price fell to $0.6930 level, which coincide with resistance area, it bounced up, exited from flat, and entered to falling channel.
In channel Ripple broke $0.6930 resistance level and reached resistance line, after which, it bounced down to support level.
But recently it declined to support line and then bounced up to resistance line, where continues to trades now.
I think, that Ripple can decline to support line and then bounce up to $0.6500 level, thereby breaking resistance line.
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XRP Outlook: ☁️ with Downside Potential as Pressure Persists 📉XRP faces clouds or rain in the next 24 hours. ☁️ This translates into a slightly bearish market with downside risk.
Over the next week, XRP is anticipated to face sustained pressure, potentially resulting in a downpour of challenges for this particular coin. 🌧️
Follow us for more crypto weather reports!
XRP: Bullish Pennant BreakoutRipple (XRP) technical analysis:
Trade setup : Following a breakout from a Descending Triangle, price spiked up massively to $0.92 resistance on favorable legal ruling. This level also acted as resistance way back in early 2022. However, it got very overbought (RSI > 80) and saw selling pressures from some profit taking. Price has consolidated in a Pennant pattern but broke out of it bearishly (below support), which could open up further downside to $0.55 support next. Fibonacci Retracement support levels are $0.70 (50%) and $0.56 (78%).
Pattern : Bullish Pennant – forms typically following a sharp advance, followed by a brief triangular shaped consolidation in price (a small change in direction), before the previous uptrend (bullish) typically resumes. The period of consolidation should have lower volume and the breakouts should occur on higher volume.
Trend : Neutral on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $0.55, then $0.45. The nearest Resistance Zone is $0.68 (previous support), then $0.92.
DOGEUSD h1 : LONG setupHi Guys Hope You well.
I decide to share you some position to trade . but please check the chart by your own result and research and do the best risk management and money management . Give the confirmation from lower timeframe.
SecondChanceCrypto
⏰ 6/August /23
⛔️DYOR
Always do your research.
If you have any questions, you can write them in the comments below and I will answer them.
And please don't forget to support this idea with your likes and comments.