XRP - returning to ascending channelOn monthly:
RSI breakout is happening
Price needs to break thru resistance cca $0.65
...THEN WE FLY...
XRPUSD.P trade ideas
XRPUSD appears to be exiting the biggest bullish pennant EVERSome will argue that this pattern is not pennant (and therefore not a continuation pattern).
I think it is just that. Just that it's the biggest thing ever. And it just has just drawn a golden cross o a 4 hour chart. I am forecasting bright future for this thing here.
u.today
XRP Poised for Critical Breakout Amid Key Resistance Levels Ripple’s XRP has been navigating a defined range over recent months, marked by consistent rejections and support zones that traders should be paying close attention to. The current weekly chart reveals a consolidation pattern with key levels acting as critical indicators for potential future price movement.
Key Technical Insights:
Current Trading Range: XRP/USD is trading near $0.589, holding within a rectangular range that spans from approximately $0.497 to $0.665. This range has persisted since mid-2023, showcasing a repeated cycle of buying and selling pressure.
Potential Breakout Indicators: A close above the $0.665 level, which aligns with the first “SELL Stop 1” threshold, could pave the way for a rally towards higher resistance levels, notably around $0.742 and $0.852. These points mark historical pivots where significant rejections occurred.
Volume Dynamics: The recent uptick in volume hints at growing interest, suggesting that a decisive move could be on the horizon. Traders should monitor if this surge in volume accompanies a break of the current range or signals another false breakout.
Downside Risk – Key Supports to Watch: On the downside, the $0.497 mark is highlighted as a critical “SELL Zone” but carries a caution of potential bounce. A weekly close below this level would likely lead to further downward momentum towards the $0.439 “BUY ZONE,” providing a potential entry for long-term positions.
Conclusion:
Investors and traders should be vigilant as XRP approaches these pivotal levels. The confluence of past trading behavior and heightened volume indicates that the cryptocurrency may soon break out of its months-long consolidation phase. While an upside breakout could propel XRP towards $0.742 and beyond, caution is warranted as reversals within the current range remain possible.
Extremely ugly invh&s currently in play on XRPUSDI have placed the measured move/breakout target line rather arbitrarily here. It wouldn’t surprise me if price action had a pullback or correction to reset some of the indicators before actually breaking above the neckline in which case the measured move breakout line(dotted line) would most likely need to be readjusted lower than where I’ve arbitrarily placed it here iin the process lowering the breakout target as well. Always a possibility that it doesn’t correct in between now and reaching the target though in which case we are looking at a target somewhere around 89-93 cents. I know many who only consider bukowski’s textbook version of an inverse head and shoulders to be one will have their skepticism about such an ugly looking example of an inverse head and shoulders, but n my experience it is the ugliest and most asymmetrical examples of inverse head and shoulders patterns that seem to have the highest percentage of being validated and reaching their full breakout targets. *not financial advce*
XRPUSDIf you followed this setup with us, you are still doing well. If not, here's an update:
We are still in this trade and have cut some profit. This helped out tremendously with the Gold oversight and we'll hold the last position to completion. If you have not moved your trailing stop up please do so now depending on where your entry is. Ours was at .51402 and .52395 with a stop at .48629 which was moved to.52395 to cover the last entry.
Next week we'll be taking a low risk approach moving toward the holidays but rest assured we will be on standby for all good looking opportunities that present themselves!
T.Y.L.A.
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.
Getting thereThis a just a simple idea of what could happen. Not necessarily the exact blue line 1-5, I am in favor or the orange line moving downward. We have seen typically that there is a bull trap right before launch. I expect a major rejection off the black line downward trend line like we have seen a downward wedge shaping. However the biggest picture we know is the 7 year triangle forming for a major pump. Keeping a bag for potential break and preparing funds for a major move downward to load up.
If this breaks and does a rapid move upwards we will scalp in, but I don’t believe this is the major move just yet.
Good luck and have fun with it.
XRP Holders 75cents incomingTo all XRP holders this is it! We Hold 49-48 and not give it up we see 75cents incoming this year and higher! Its Time for xrp to moon! I will be doing deep dives into xrp for the next 3months or so to give you my price targets to $1.25 we should see an upside movement very shortly next 7days or so Goodluck traders
XRP/USD Hits New Low at 0.4861Hello,
XRP/USD has once again reached a new low at 0.4861, with further downside anticipated.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
XRP chart prediction (Invert scale)After the whipsaw, a strong leading diagonal (Wave 1 in progress) is forming, indicating an upward movement, and soon a correction followed by Wave 3 is expected.
RIPPLE - Buy Idea (Short-term)Ripple is on the move and seems to be breaking out the key-level resistance of 0.5200 right now as we speak. We suspect this breakout is legit and will lead price action to the next significant key-level of 0.5515, our official profit target. Stay tuned...
A 80% correction to 10 cents in 2024 for XRP?For exactly seven years XRP price action has been trading inside a defined range as shown by the green arrows. A long or short position from those areas would have been excellent.
For the last two years price action has traded inside an uptrend channel. The channel support has now failed with confirmation. Red arrow.
The failed support follows the double top in price action where market market structure previous broke in April 2022. Orange arrow.
30 cents is the next support level to test now that price action has exited the channel. Should that support not confirm, 10 cents is next.
Is it possible price action enters the channel and continues the uptrend? Sure.
Is it probable? No.
Ww
XRP Full Analysis With Long-Term Support & Resistance + Pre...Here is what I did, I plotted the Fib. retracement levels for the entire chart since the bear-market. The entire bullish wave from the June 2022 low all the way to the July 2023 high. The levels are shown on the chart.
This is long-term and these are strong levels and signals.
XRPUSD is trading weekly below 0.618 Fib retracement relative to the bullish wave just mentioned above, more than a year long. This is the blue line on the chart.
Below this level/line, this pair's bearish potential is really strong and a crash can happen anytime. This support was lost last week. This level is set at $0.53952. To keep it simple, bullish above and bearish below. Or I should say, bullish potential is stronger above this line and the potential for another drop is more likely below it. XRPUSD is trading below.
The next support and level is 0.786 Fib. retracement with a price tag of $0.42848. This price range, resistance and support, has been valid since March 2023 and has been activated many times; will it break?
The chart says yes based on long-term bearish action; lower highs since July 2023 and support being challenged over and over. The more it is challenged, the weaker it becomes.
Recent action is coming out of a major lower high and trading volume is low.
The next level is 1 Fib. retracement but this is too low, we are likely to find support higher but the chart is saying down. Conditions for changed have been mentioned above (if XRPUSD moves above 0.53952 the bulls become action; bearish below).
Thank you for reading.
Namaste.
XRP - BEAR Almost approaching a point where the market will pivot.
Here is a free idea as we are nearing structure #xrp
NEW IDEA FOR RIPPLE Technically, in the daily time frame, Ripple has broken down the support area of the bottom of the descending channel in the range of 0.5528, and now, provided it is maintained, the rate can decrease to the support of the second downward channel in the range of $0.4939.
XRP/USD at Key Monthly Support: Upside Potential if HeldHello,
BITSTAMP:XRPUSD has experienced recent downside movement as anticipated, with the price currently resting at a significant monthly support level of 0.5216. If this level holds, further upside potential is likely.
TradeWithTheTrend3344
Buying This may be the last chance to launch. Please pay attention to XRP lovers because there is a clear and strong signal, and perhaps the market will do otherwise. There is a buy signal rising to one dollar. This is just an analysis and not a recommendation. Good luck.
XRP USDXRP USD @ 0.51719 SL 0.48629 TP 0.61220 Following previous analysis. We are expecting a nice run on this one but the mitigation has to ensue before the distribution phase.
This is our outlook for the week in XRP USD.
Stay tuned for the outcome.
Trade Your Life Away!
XRP over $100 but potential dump first If we see a repeat of 2017 into 2018 we could see xrp take a massive dump followed by a quick reversal and finally break out into 2025
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 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.
