Ripple XRP price. Global view of the chart on weekly timeframe😱If you believe in fairy tales that CRYPTOCAP:XRP can be worth $10 , then please prepare your psyche for the reality that #XRPUSDT has every chance of dropping to $0.20
Now, after a cold shower, let's take a look at the chart.
According to the wave analysis, there is no final answer yet: has the bottom of wave -2- already been reached or is it still ahead?
👉 If the #XRPUSD price can't be pushed below $0.40-0.45 in the coming weeks, then there will be a ray of hope that the "bottom has already been there". This will mean that the price may eventually start to grow by blue scenario.
👉 If no one "holds" the price of #Ripple, then "hello" $0.20-0.21. If you buy XRP there, you will be officially initiated into the sect of "$10=XRP witnesses" founded by desperadoes people in 2017.
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XRPUSDTPERP
XRP BIG MOVE EXPECTED XRP is poised for a significant move on a higher timeframe , The breakout of a triangle pattern has already been confirmed, with the price currently retesting the breakout zone. If the breakout sustains, a substantial bullish rally towards $1 is anticipated. It's important to note that this information is not financial advice, so it's essential to conduct your research (DYOR) before making any investment decisions.
XRP bouncing from weekly support, may head to 0.8-0.9The price has found support at weekly support WS1 and has bounce from there. I think the price will target the weekly resistance WR1 as its next goal. The resistance next to WR1 is a monthly resistance MR1 around 0.8-0.9. MR1 will be a significant resistance level in case price reaches there and will cause a substantial pullback.
Do you believe the x2 growth of the Ripple XRP price ?The XRPUSDT trading pair is very specific, it moves as it wants and when it wants, regardless of the market trend.
The abnormally large issue of 100 billion coins, half of which are currently in circulation, makes XRP "clumsy".
But this does not prevent XRP from having a large caste of fans who believe that "soon" the price of XRPUSDT will reach $10, although they have believed in this since 2017 and may have been holding it since then ;)
Miracles rarely happen in the world, but perhaps the XRPUSDT price is again preparing for a rapid x2 growth to the $1 area ?)
What do you think? It was really good in the summer, can they do it again?
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: Poised for a Bullish Move
Hello fellow traders,
I would like to share my outlook on the XRP price, as I believe it may be gearing up for a substantial surge. However, please note that the following information is solely my opinion and should not be considered financial advice. Remember to conduct your own research (DYOR) before making any trading decisions.
Analysis:
XRP has shown signs of consolidation in recent weeks, exhibiting a strong base around the $0.60 level. This stabilization indicates a potential accumulation phase, with buyers gaining control and preparing for an upward move.
Price Projection:
Based on the current market conditions and the underlying bullish sentiment, I anticipate that XRP could reach a target price of $0.94. However, it is crucial to exercise caution and consider other technical indicators and fundamental factors that may impact price discovery.
Factors to Monitor:
As we track XRP's progress, it is advisable to keep an eye on significant market events, news releases, and cryptocurrency trends. These external factors can greatly influence the sentiment and price of XRP.
Risk Management:
As with any investment, it is important to have a well-defined risk management strategy. Set appropriate stop-loss levels and consider position sizing to protect your capital in case the market does not move in our anticipated direction.
Closing Thoughts:
To sum up, in my observation, XRP is consolidating and demonstrating accumulation characteristics. While I expect the price to move towards $0.94, it is vital to conduct thorough research, evaluate risk factors, and make informed trading decisions.
Remember, this analysis is for educational purposes only and should not be misconstrued as financial advice. Trade responsibly and make decisions based on your personal assessment of the market.
Best regards,
Crypto By Ghazi
XRPUSDT: TIME FOR BULLS TO TAKE OVER!Dear Traders,
XRPUSDT prices have potentials to reverse from current price action, it will a great opportunity to hold buy positions on this crypto. After analysing the chart it showed us that priced first accumulated and ‘accumulation phase’ have just finished. Price have retested the liquidity voided area.
Waiting for XRP to Catch Up• Since May of 2022, XRP has been trading in a range, Between 0.31 – 0.55 cents.
• XRP’s PA is highly correlated to Bitcoin (Correlation Coefficient >96%). I think it is safe to assume that if Bitcoin’s uptrend will continue, XRP will break above the range high to recover the July 13th wick (at least).
• XRP is above the 200, 50 & 21 Daily EMAs. The EMAs are beginning to spread apart with the short EMAs above the longer EMAs. This means that XRP’s short-term PA is turning bullish.
• A breakout 55 cents and a S/R flip is a prerequisite for a long trade.
Trade Idea:
• Entry: 0.55 (range high s/r flip).
• SL: 0.51 (EMA cluster).
• Target: 0.90 (50% of the July 13th wick).
• TP: 0.625, 0.70, 0.85.
• R: R: 1:9 (1:1.8 to first TP).
Volatility Period: Around October 13 (October 12-14)Hello?
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(XRPUSDT 1M chart)
If the price stays above 0.47, the upward trend is expected to remain.
(1D chart)
The key is whether it can receive support and rise in the box range of 0.4799-0.5086.
If not, and it falls below 0.47,
1st: 0.4485
2nd: 0.3942
You need to check if you receive support near the first and second levels above.
The volatility period is around October 13 (October 12-14).
Based on this point, it is necessary to check whether a trend can be formed by deviating from the 0.4799-0.5086 range.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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XRP will go UP by Symmetrical Triangle🚀XRP seems to have managed to form a Symmetrical Triangle Pattern over the past few days.
Also, XRP has the potential to form an Ascending Channel after breaking the upper line of the symmetrical triangle pattern.
🔔I expect XRP will go UP to at least the 🔴 resistance zone($0.844-$0.820) 🔴 after breaking the upper line of the symmetrical triangle pattern.
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🌐➕ Positive News ➕🌐:
US lawmaker calls on SEC chair to reassess stance on crypto following Ripple ruling.
Judge orders Ripple, SEC to agree to possible settlement dates.
After Ripple won the court, the Volume Trading of XRP surpassed that of Bitcoin.
US regulatory clarity has begun in court after Ripple win: CFTC commissioner.
Banks Could Flock To Ripple’s XRP After Partial Victory, Company CLO Tells CNBC.
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XRP Analyze ( XRPUSDT ), 1-hour time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
XRPUSDT on hourly support, likely to head to 0.77-0.79The price has come back to our previous entry for long trade which is also an hourly support. This support is likely to provide a bounce which can allow for a long trade here. The price is likely to bounce to at least 4h resistance zone 0.77-0.79. Lets target that.
Xrp, We meet again at LastXrp has formed a double harmonic pattern(Abcd extension and double bottom) , broken out, reformed second line of support, held and retested 50 ema. So we will take this 9% move at 20x up to resistance and reassess.
XRP is a great coin for a casual trader at 20x, not much volatility re % changes. Support is auto recalculating so I will update once finished.
XRPUSDT long ideaThe price is pulling back right now. I expect it to retrace to LTFS1 and then bounce from there. Therefore, a long is favorable from LTFS1 support. Next support is LTFS2 which is a bit stronger. In case the price retraces further, that would be another level to go long. However, as mentioned, I expect the price to bounce from LTFS1 itself. The target of the trade should be around 0.8176
Ripple XRP price hints at growth that is hard to believeWill the XRPUSDT price surprise us in the near future?
Such thoughts began to spin in my head while watching the "heavy" and long-forgotten BCH being pumped.
At the moment, all the prerequisites for the XRP price to start growing, organizing a way out of the classic consolidation, are visible on the chart. The only thing missing is the initial "magical kick" from big money to set the movement vector.
According to our calculations, the targets for the possible growth of the XRPUSD price are $0.75 and even $0.95, which is already x2 from the current price, which is an unprecedented luxury since 2021)
We can also think about the "conspiracy theory" :) It seems that now there is a "certain capital" allocated, which will be used to pump and "inflate" the liquidity of old and reliable altcoins, before they are announced to be listed on a new exchange "EDX Markets" for "big money trillion-dollar funds"
Since the capitalization of XRP is 5 times higher than, for example, BCH, the price pamp of XRP will be proportionally lower than that of BCH.
That is, conditionally! In recent weeks, $100 million has been spent on accelerating the price of BCH - a result of +200% to the price of BCHUSDT. If the same conditional $100 million is spent on accelerating the price of the "5 times heavier" XRP, the result of +40% will already be a good result!
Do you think that everything is just beginning, and bright times are ahead for the crypto market?
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Strong bounce for XRPWhat is seen in the chart is not enough
This analysis is based on fundamental analysis + complete price analysis + time analysis
The important trading points for buying are specified in the chart, which is the best blue trend point that you can use
We expect this climb to start from the date indicated in the chart, and don't forget that this time is weekly and the trigger is daily and 4-hour times.
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