XRP hits 8-month high, but the selling is comingXRP price recently saw a significant surge, rallying by 40% and reaching an 8-month high. However, the rally appears to be losing momentum, as XRP now faces a potential pullback.
This retreat is largely due to emerging selling signals among investors, signaling a possible shift in sentiment.
On the chart, the overbought RSI indicates that XRP’s bullish momentum may be losing steam, and a price correction could follow. With the current conditions suggesting saturation, XRP’s price may struggle to maintain its recent highs. This technical indicator further confirms that XRP could be at risk of a pullback on the daily chart, likely affecting short-term investor sentiment.
Despite its recent 40% rally, XRP was unable to close above the 8-month resistance level at $0.73. As a result, the altcoin has already faced a 6% decline, signaling a possible correction phase in the near term.
XRP’s next likely support sits at $0.61, a level that has held as support previously. If selling pressure intensifies, however, XRP may fall further to $0.56, signaling deeper corrective action as investors secure profits.
The only way to invalidate the bearish outlook is if XRP reclaims $0.66 as a solid support level. Achieving this would set the stage for another attempt to breach $0.73, potentially renewing bullish momentum for the altcoin.
XRPUSDT
#XRP/USDT#XRP
The price is moving in a descending channel on the 1-hour frame and is holding it tightly and is about to break out to the upside
We have a bounce from the lower limit of the channel at 0.5220
We have a bearish trend for the RSI that is about to break out, which supports the upside
We have a trend to stabilize above the 100 moving average
Entry price 0.5300
First target 0.5555
Second target 0.5890
Third target 0.6290
WARNING -------BABYDOGE Is About To Go ------PARABOLICMartyBoots here , I have been trading for 17 years and sharing my thoughts on BABYDOGE.
BABYDOGEis looking beautiful , very nice chart for more upside when this base breaks out
Very similar to MATIC back in 2021
Do not miss out on BABYDOGE as this is a great opportunity
Watch the video for more details
The key is whether the price can be maintained above 0.6810
Hello, traders.
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(XRPUSDT 1W chart)
The point to watch is whether it can break out of the box section and start an upward trend.
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(1M chart)
If the price is maintained above 0.6810, it is significant because it has succeeded in breaking through the upper point of the box of the HA-Low indicator on the 1M chart.
In other words, it means that it has broken out of the bottom section from a long-term perspective.
Therefore, the key is whether the price can be maintained above 0.6810.
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(1D chart)
It has risen above the Fibonacci ratio 0.5 (0.7144) that was the target point.
Accordingly, if it receives support near 0.7384 and rises, it is expected to rise to around 0.618 (0.8121).
As I mentioned earlier, if it falls below 0.6810, it is highly likely to enter the box section again in the long term, so you should consider it as a stop loss point and think about a response plan for it.
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The maximum rise point is expected to be around 1.0409.
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It seems that there is an issue related to the ETF of XRP and SOL.
If the ETF issue is over, there is a high possibility of price adjustment, so you should also think about a response plan for it.
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Have a good time.
Thank you.
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- Big picture
It is expected that the real uptrend will start after rising above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are the points where resistance is likely to be encountered in the future. We need to see if we can break through these points.
We need to see the movement when we touch this section because I think we can create a new trend in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start by creating a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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XRP Hits Resistance Level: Will It Break Through?Based on the XRP/USDT chart, it appears that XRP is trading within a clear rectangular range, with resistance around the $0.64 level and support near $0.53. Recently, XRP attempted to break above this range but has returned within the channel after facing resistance.
Looking forward, if XRP successfully rebounds from the $0.55-$0.53 support zone, there is a potential for it to challenge the upper resistance level once again. Traders should watch for confirmations around these key support and resistance levels, as a breakout above or below could signal a new trend direction.
RIPPLE (XRP) Big Triangle PatternXRP is currently forming an ascending triangle pattern, with price action testing the minor resistance at 0.5631. A breakout above this resistance could pave the way for a bullish continuation toward the next target at 0.6658.
However, if the 0.5631 resistance holds, we could see a potential pullback toward the triangle’s support at 0.51077.
This analysis will be updated if any significant changes occur. Thank you.
XRPUSDT Breaks Downtrend, Bullish Momentum BuildsXRPUSDT has successfully broken out of its downtrend and is now moving upward at a rapid pace.
Currently, XRPUSDT is up by more than 3.6% on the day, confirming a new support level as marked on the chart. With signals from the EMA 34 and 89, XRPUSDT is gaining bullish momentum fueled by positive market sentiment. The confluence of the EMA levels with this support area is shaping up to be an ideal entry point.
Consider entering a position wisely, and be sure to set your take-profit and stop-loss levels!
XRP/USDT 1D ChartHello everyone, let's look at the current situation of XRP in pair with USDT taking into account the one-day time frame. In this situation, we can see the price rebounding from the downtrend line.
Let's start by setting goals for the near future, which include:
T1 = $0.56
T2 = $0.60
T3 = $0.63
T4 = $0.68
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $0.50
SL2 = $0.47
SL3 = $0.42
Ripple XRP price may please holdersThe #XRPUSDT price is walking on a knife's edge)
It does not walk - it crawls))
But it happens that from time to time #XRP holders "go crazy" and try to push the #XRPUSD price up
Looking at the #Ripple price chart, we can assume that the attempt to pump may be repeated in the coming weeks/months.
What do you think, will it happen as it's drawn or not?)
XRP finally ready to take off ?xrp is finally getting bullish based on date range i would not take long for it to take of.looking like a big double choppy bottom. if we see the fixed range volume profile of the session traded from may 2021 to april 2022 we see the VAH at around $1.05. also this is in confluence with the trend based fib extension 1. so $1.05 would be my first target for xrp. offcourse it could go higher. around $1.48 is also a realistic target based on the 1.618.
also on the monthly candle we see a bullish engulfing candle. overall XRP is looking good and ready to take off. but dont overleverage because the chart is super choppy.
cheers!
XRP | Buy/Sell-side Imbalance\Inefficiency + Buy/Sell-side Liq.Markets consist of three things:
- Time
- Price
- Liquidity
All of the green lines represent Buy-side liquidity. All of the red lines represent sell-side liquidity. The price will seek areas that are inefficient in order to correct them, and it will also seek high concentrations of liquidity to fill large orders, and to stockpile coins for future market delivery.
Keep you eye's on these SIBI/BISI areas, as price will be drawn to them like a magnet.
SIBI -
Sell-side imbalance: There is an excessive supply of sell orders in the market, indicating a dominance of sellers.
Buy-side inefficiency: At the same time, there is a lack of effective buying pressure, meaning that buyers are not able to absorb the available sell orders.
BISI -
Buy-side imbalance: There is an excessive supply of buy orders in the market, indicating a dominance of buyers.
Sell-side inefficiency: At the same time, there is a lack of effective selling pressure, meaning that sellers are not able to absorb the available buy orders.
Good luck, and always use a stop-loss!
XRP/USDT 1D Chart ReviewHello everyone, let's look at the current situation of XRP in pair with USDT taking into account the one-day time frame. In this situation, we can see the price rebounding from the downtrend line.
Let's start by setting goals for the near future, which include:
T1 = $0.57
T2 = $0.60
T3 = $0.63
T4 = $0.68
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $0.52
SL2 = $0.47
SL3 = $0.42
XRP signalBased on the chart provided for XRP/USD , here's an analysis of your trade setup:
Trade Analysis for XRP/USD:
- Entry Point (EN): 0.5399
- Stop Loss (SL): 0.5445
- Take Profit 1 (TP1): 0.5347
- Take Profit 2 (TP2): 0.5275
The chart illustrates a trading range where XRP is expected to move between support and resistance levels. The market shows signs of a possible rejection around 0.5445, suggesting an opportunity to enter a short position at 0.5399 with two potential profit targets, the first around 0.5347 and the second at 0.5275.
A stop-loss is set above the recent highs at 0.5445, ensuring risk management.
XRP Price Analysis: Potential 20% Drop Amid Key Support LevelsXRP is currently trading within a box pattern, with a lower high suggesting a higher probability of a downside breakout. If the crucial support level of $0.5213 is lost, there is a 20% potential drop in price, targeting $0.4164. If you are holding XRP, you might consider selling, or alternatively, you could take a short position upon a clear break of the $0.5213 level. Given the importance of this support, a sharp decline is expected if it breaks. Keep an eye on this critical zone for any significant moves.
'THE XRP BREAKOUT CHART' - May predict the month of the breakoutTHE XRP BREAKOUT CHART is a chart I created to show a very interesting trend that I discovered within XRP's monthly chart. Four times in XRP's previous price action history, prior to periods of significant price appreciation, XRP formed a FVG (fair value gap), as shown in the white boxes, which consisted of three candles. Then, while within that FVG, price broke out on the 8th candle four consecutive times. Three of these four FVG breakouts were preceded by, or included, a single liquidation candle breaking below the lower trend line. Regarding current price action, we just saw the pattern liquidation candle this past July. So, it appears that this trend will continue for the next breakout of the current wedge pattern.
However, the key takeaway is that the pattern FVG has not formed, which means, as of this month (October), if the pattern is to repeat for a fifth time, then we are at a minimum of eight months away from the breakout we have all been waiting for.
The herd—retail investors and YouTube influencers—believe, in sync, that the breakout will begin in mid-December, continue through January, and peak around late February to early March. According to this chart, they’re all wrong.
I believe that incredible price appreciation is coming in the future, but I think this pattern will repeat. That means the breakout of the current wedge pattern, at the earliest, will be sometime around mid/late summer to early fall of 2025, most likely on the 8th monthly candle within the next FVG formation. But when will the first three candles form?
Good luck, and always use a stop loss!
XRPUSDT / TRADING FVG AREA / 4HXRPUSDT / 4H TIME FRAME
HELLO TRADERS
FVG Area (0.55 - 0.54) , The price is currently trading and stabilizing within the Fair Value Gap (FVG) between 0.55 and 0.54 , The FVG area refers to a zone where there’s an imbalance between buy and sell orders, often indicating where price might consolidate before making a significant move.
Potential Decline , The prices suggests that if the price continues to decline, it could reach the demand zone between 0.52 and 0.50. The demand zone is where buying interest is expected to be stronger, possibly halting the downward movement.
Potential Upside , If the price breaks above the FVG area with a 4-hour candle close, it’s expected to increase, targeting the supply zone between 0.59 and 0.60. A supply zone represents a price area where selling pressure may increase.
Confirmation of Trend , To confirm an uptrend, the price needs to break the supply zone (0.59 - 0.60) , To confirm a downtrend, the price must break the demand zone (0.50 - 0.52).
Overall Trend , Despite the short-term potential for upward movement, the text concludes that the price is under downward pressure.
Supply Zone : 0.59 - 0.60.
Demand Zone : 0.50 - 0.52.
FVG : 0.55 - 0.54.
XRP – 15-Min Time Frame Breakout SetupI'm currently watching XRP on the 15-minute timeframe as it approaches the pink resistance level. If we get a breakout above this resistance, my target will be the grey zone, which I’ve identified as a resistance level for potential profit-taking.
Strategy: I’ll monitor the price action closely. Once the breakout is confirmed, I’ll aim for the grey zone as my next target to reduce the position or take profit.
XRPUSDT : SELL ? The chart for XRP/USDT shows that the price recently tested a strong resistance zone around $0.55 to $0.64 but failed to break above it, resulting in a pullback. Currently, the price is trading near $0.5375, hovering just above a key support level.
A breakdown from this level could see the price declining towards the $0.43 zone, as indicated by the downward projection. This would represent a bearish move following the failure to sustain gains above the trendline and resistance zone. Conversely, if the price manages to bounce back from the support region, it could attempt another rally to retest the resistance, but further upside momentum would depend on breaking through this critical level.
Traders should keep an eye on these key zones: $0.4338 as support and $0.5574-$0.5580 as resistance, to gauge potential moves in the near future.
XRP (Crypto Ripple-USD) BUY TF H4 TP = 0.61On the H4 chart the trend started on Oct.5 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 0.61
This level, which I have outlined above, is certainly not a “finish” level. But it is the level that has the “highest percentage of hits on target.”
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelievelnTrading
Ripple / XRP AnalysisXRP price today is $0.39 with a 24hour trading volume of 1.2 billion dollar. XRP price is up 1% in the last 24 hours and 11% since last week
In the daily timeframe, the price formed an ascending price channel pattern, and after being supported by the lower trendline, it started moving upward. However, the $0.4 resistance level has paused the rally for now, resulting in short-term price consolidation.If xrp surpasses the $0.4 level, the channel’s middle trendline and the $0.5 levels will be the next obstacles to surpass. On the other hand, if the $0.4 level rejects the price, the channel’s lower boundary will be the next significant support level. short term targets are 0.43 , 0.45 , 0.47 and 0.5$
Ripple Moves 100M XRP amid growing whales Interest in asset plus xrp overtakes BTC and ETH in terms of trading Volume in Australia
XRP Long Target 0.96451. Resistance Breakout:
- There was a prior horizontal resistance level that the price attempted to break above. This level has been marked as a horizontal line across the chart, indicating that the price previously struggled to rise above it.
- The price initially broke through this resistance but has since retraced.
2. Retest of Support:
- After the breakout, the price retraced back to the support zone marked with "$$$." This retest area is crucial for the potential continuation of the bullish trend.
- The support is aligned with a demand zone, where the price might find buying pressure again.
3. Trade Setup:
- The shaded area extending upwards from the retest zone indicates the potential bullish price target area. This suggests the trader expects the price to rise after bouncing off the support zone.
- The target is near the 0.9645 level, indicating a potential move toward this resistance in a successful scenario.
4. Risk Management:
- The lower grey box shows the stop-loss zone below the key support level, around 0.5555 to 0.5582. A break below this level could invalidate the bullish idea, signaling that the price might move lower.
In summary, the trader expects a bounce from the current support area after the price retests the breakout level, targeting a move up to around 0.9645. However, the setup includes a defined stop-loss below the support zone at 0.5555.