XRP Short-terma huge drop is coming
A significant short-term drop in XRP is likely as the market opens. Proceed with caution.
XRPUSDT.P trade ideas
XRP/USDT: Preparing for the Next ImpulseMarkets move in cycles of Impulse ➡️ Correction ➡️ Impulse, and XRP is no exception. Since December 3, we’ve been in a correction phase, consolidating after the recent strong rally.
The structure is tightening, and the market is “cooking” something interesting. Watch for potential breakouts as we approach the next impulse phase.
📊 Let’s see how this unfolds—stay sharp and ready!
#CryptoAnalysis #XRP #TradingView
Ripple is on the downslide againDuring the previous stages, Ripple experienced two ups and downs in Major Time.
The first time it took 399 days to ascend, and 427 days to descend, adding up to 826 days.
After that, due to the prolonged court proceedings of Ripple, its ascension time lasted 875 days. Considering the clarity of the issue and the outcome of the Ripple case, it is likely to go down to the level of 786, i.e. the price of $0.65, and it is normal for the SEC to fail to receive compensation , And otherwise, it will lead to a bigger fall.
Xrp long termXrp for the long term support levels level 1 1.8486
Level 2 1.6759
And de last one must hold is Level 1.3058
The levels to gain Level 2.2003
The level to gain for the moonshot Level 2.6629
Disclaimer: Think carefully before making an investment and never invest more than you could afford to lose. We at legendsoffcrypto do not provide financial advice and are not responsible for any financial loss. The content we offer has purely entertaining and educational value.
XRPUSD Chart Analysis: Key Patterns and Price PredictionsHere’s a complete list of patterns and observations of what I see in the chart:
1. Symmetrical Triangle (Current Pattern):
• The price is consolidating with lower highs and higher lows, forming a symmetrical triangle. This is typically a continuation pattern, and given the prior uptrend, an upward breakout is more likely.
2. Ascending Channel (Previous Trend):
• Before the current consolidation, the price exhibited higher highs and higher lows, forming an ascending channel that indicates a strong bullish momentum.
3. Double Top Potential:
• The chart shows a possible double top forming near the resistance zone of $2.25. If the neckline (support level) breaks, it could signal a bearish reversal.
4. Bullish Flag (Earlier in the Uptrend):
• Earlier in the trend, there’s a sharp upward movement followed by a slight pullback in a parallel channel, forming a bullish flag, which is a continuation pattern.
5. Golden Cross (EMA Crossover):
• The EMA 55 (yellow line) crossing above the EMA 144 (blue line) earlier in the trend suggests a golden cross, a strong bullish signal.
6. Support and Resistance Levels:
• Key resistance is visible at $2.25, while support is around $2.10. These levels are crucial for determining whether the price will break out upward or downward.
These patterns provide a detailed picture of XRP’s current and prior price actions, highlighting both bullish and bearish possibilities based on key levels and formations.
XRP Buy the incoming dump (1.42 $)I'm expecting a huge dump in crypto market in the upcoming days, and I believe it's the best time to buy since I'm I believe the trend is too powerful to end now.
Place your buy orders on 1.42 $ which is a very strong level in my opinion: Daily order block + 61.8 fibbo level.
Will history repeat itself? Somehow found this pattern oddly similar to the November pump. and looking back, its building up to something. ;)
XRPUSDT 700% Profits PotentialWe are going to approach XRPUSDT differently. If you read the Solana trade-idea , you know that we are using a strategy based on accumulation to enter a LONG position. With XRP we are using a different approach and this is because these two charts are quite different. For XRP, we will wait for confirmation. Let me explain.
The retrace/correction/consolidation period can last for as long as it wants, we have no way to determine when it will be over. Sometimes we go into the chart and start to calculate time predictions based on past action and we feel very confident and the market moves completely different to whatever numbers we came up. That's why we focus on resistance and support rather than specific dates. The levels where a pair will find support or resistance are easy to spot, but it is very hard to predict when exactly the market will move because this happens based on many varied events. It can be the choice of a single entity or a group, it can be a market development, some news event, etc. Information we don't have access to.
When will it grow?
We can make some approximations.
Is it growing?
When the next move is in and confirmed we can tell with a very high level of accuracy. While we cannot predict exact timing, when it is happening the market gives very strong and clear signals; the point of no return.
There is a moment when the decision is made and there is no going back. This is how we will approach our next XRPUSDT LONG Leveraged trade. We will wait for market confirmation and profit all the way to the moon.
Leave a comment if you want to know more.
I'll post an update.
If you leave a comment and boost I know that you are interested and I can publish many more articles. This is the only feedback I have. (No interactions means no interest —feel free to show your support!)
Thank you for reading.
Namaste.
XRPXRP - upside Target is 3.00
That is 1st one and very reliable.
BUT(1) it should be (sooner or later) much higher!
XRP and what is actually happening Despite the widespread optimism and enthusiastic support for XRP on social media, the broader picture reveals a more nuanced and potentially precarious situation. Social media platforms often amplify sentiments that may not align with underlying market conditions, creating an echo chamber of bullish sentiment. This optimism can be misleading, especially when it fails to account for actual market dynamics like volume trends, liquidity constraints, or institutional participation.
A key factor complicating XRP's trajectory is the persistent selling pressure that offsets or even eclipses buying pressure. While social media narratives might suggest strong demand, on-chain data and order book analysis often reveal heavy selling activity. This dynamic suggests that market participants, including whales or early investors, could be offloading their holdings during price rallies, limiting upward momentum. Such consistent selling pressure acts as a ceiling for price appreciation and undermines the ability of XRP to achieve sustained breakouts. This indicates that the bullish consensus may be fragile, relying more on sentiment than market mechanics.
The potential for a short squeeze could further complicates the situation. However, selling pressure zeroing out buying pressure could indicate that short sellers have taken aggressive positions against XRP, expecting further price declines. However, this also creates a precarious balance. If buying pressure suddenly spikes due to a catalyst. While this might seem bullish, short squeezes are often temporary and highly volatile, leaving prices vulnerable to retracement once the squeeze subsides. It’s a double-edged sword that could momentarily align with the social media hype but fails to establish long-term stability.
Example in the H4 time frame based on XRP:USDT.P
Short explanation:
1) The main pane shows the price action. We can clearly see in the 4 hours time frame a majority of supply rather than a strong demand action (based on LL HL and retracement)
2) the choppiness level of the market seems to be quite persistent, indicating a clear consolidation path likely mid term lasting
3) the red line indicates the balance between premium and discount , and as we can see at present , the price is tapping constantly the discount area of support provided by the lower band of supply.
Some consideration about the BULL flag which I should call it BS flag most of the time when is so wide spread. Here the 4H chart for the current wide spread believe that XRP is creating a bull flag:
We can see clearly the choppiness of the market is even better visible adding the so called bullish triangle to the actual current price trend which will see some action between the new year eave and the 9th of January 2025:
In short, if you are an XRP holder spot just keep it , if you are trying to get the so called breakout be aware that market makers know how many retail traders are trying to jump into this high level of choppiness because over leverage is actually visible. Actually as an indicator when you have a good way to identify choppiness in the market , means that we should expect some sort of action soon the choppiness reached its peak. For this I wrote an indicator that you can see in my charts.
Price entries for buy :
Around 2.150 if does not break the demand zone below (always at least 3 candles confirmation in 3 different time frames)
If the demand zone is breached around that zone next one should be around 1.9500 and 1.90 . In between there are also several gaps to be covered so we could also expect a short squeeze and also an array of orders to sweep buy stop losses too.
XRP JUST IN! Tom Lee’s Bold Prediction: $10 or $35🚨 XRP JUST IN! Tom Lee’s Bold Prediction: $10 or $35 for CRYPTOCAP:XRP ? 🚀
Tom Lee, a renowned crypto analyst and co-founder of Fundstrat Global Advisors, has turned heads with his optimistic forecast for XRP, Ripple's digital asset. According to Lee, XRP could surge to $10-$35, depending on critical developments in the crypto market and regulatory landscape.
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🔑 Key Factors Influencing XRP's Potential Growth
📜 Regulatory Clarity:
The Ripple Labs vs. SEC lawsuit remains a game-changer. This case, which debates if XRP should be classified as a security, could reshape XRP’s future trajectory and its regulatory standing.
💳 Market Adoption:
Wider use of XRP in cross-border payments and partnerships with financial giants could boost demand and drive prices higher.
⚙️ Technological Advancements:
Improvements to the XRP Ledger and new innovative features may enhance investor trust and attract a broader user base.
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📊 Current Market Overview
Price: $2.21 (as of Dec 23, 2024)
📉 Change: Down 3.07% from the previous close
Intraday High: $2.28 | Low: $2.13
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🧐 Conclusion
Tom Lee’s prediction of XRP hitting $10 to $35 is bold but hinges on:
✅ Favorable regulatory outcomes
✅ Growing adoption by financial institutions
✅ Continuous innovation
🚨 Investors Alert: Cryptocurrency markets are highly volatile. Do thorough research before making any decisions!
📌 Disclaimer: This content is for informational purposes only and is NOT financial advice. Always Do Your Own Research
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💸 Where do you think XRP is headed? Share your thoughts! 🗨️
XRP 1 HR POSSIBLE SCENARIOS 🚨 XRP 1-Hour Analysis 🚨
Here’s what we’re watching:
📈 Upside Targets:
• TP1:2.190
• TP2: 2.235
📉 Downside Targets:
• TP1: 2.08
• TP2: 2.04
So we have to watch out for level. If XRP stays below 2.12 - 2.14 then you can target downside targets and if above then you can target above levels mentioned as TP(take profit)
Keep an eye on key levels and trade smart! 💹
xrp update 1 hourupdate xrp usdt 1 hour chart
dont overpower the trade en look what the price action tells
have a nice day!
Disclaimer: Think carefully before making an investment and never invest more than you could afford to lose. We at legendsoffcrypto do not provide financial advice and are not responsible for any financial loss. The content we offer has purely entertaining and educational value.
XRPUSD Chart Analysis: Identifying the Current PatternBased on the chart you’ve provided, the price appears to be consolidating in a sideways movement, forming a symmetrical triangle pattern or pennant pattern. This is characterized by converging trendlines with lower highs and higher lows.
Key Observations:
1.Trend Before the Pattern: There was a strong upward trend leading into the consolidation, which supports the possibility of a continuation pattern.
2.Converging Lines: The highs and lows are narrowing, forming the triangle shape.
3.Volume Decrease: If volume is decreasing during this consolidation phase (not visible in the chart but typically happens), it further supports the pattern.
Outcome:
Breakout Direction: Symmetrical triangles are neutral patterns, so the breakout can occur in either direction. However, since this follows an uptrend, the probability leans toward an upward breakout (continuation of the trend).
Key Levels to Watch: The breakout above the resistance line or below the support line will confirm the next move.
If you want a more specific analysis or further details about this formation, let me know!
Can’t wait to find out soon! What do you think? 🤔
Xrpusd pattern breakoutXrpusd broke through resistance of the chart pattern on the 15min. 30pip stop loss with a 60pip take profit giving RR 2:1
XRP Analysis – December 23, 2024Hello, this is Greedy All-Day.
Today's chart analysis is on XRP.
Daily Chart Overview:
Looking at the daily chart of XRP, we can see that since December 1, 2024, the chart has been forming a pennant pattern. As per the pattern's characteristics, we should look for either a breakout above resistance or a breakdown below support. Until that happens, the general approach is to remain on the sidelines during the consolidation phase.
Currently, the price is still within the pattern, so there is no clear direction yet. Although we’re seeing some correction, we cannot call this a full correction just yet, as the consolidation may simply be a brief pause before a potential continuation of the upward move. The concern is the red box area, where the Lagging Span (or Lagging Line) is about to break through the candles. If this occurs, the Lagging Span may face resistance from the candles above.
For the trend to continue upwards, we need the price to stay above the middle of the pattern. If not, we might see a weakening of buying pressure.
Risk of a Pennant Breakdown:
If XRP breaks down below the pennant pattern, the next support level to watch is at 1.847. Should this level also be broken, it could complete a descending triangle, with a target around 58% lower. As you can see, this is close to a key resistance level from the previous upward movement. Therefore, breaking below 1.847 is critical.
Further Historical Data Analysis:
Looking at more historical data on the daily chart, we can see that XRP previously broke above a major resistance level (the red box) and tested it as support before rebounding. However, if XRP breaks below 1.847, it will likely enter a consolidation phase after completing a new pattern. In the past, the next frame showed a significant drop toward 0.766 after a similar strong rise. This suggests that a sharp decline is highly likely if the current breakout fails to hold.
This analysis highlights the current critical levels for XRP. The next steps depend on whether the price can maintain its position above support or if a breakdown occurs, potentially leading to a more significant drop.
Conclusion:
In summary, XRP is currently in a pennant pattern, and we need to watch for a breakout above resistance or a breakdown below support. While there’s still potential for an upward move, the key levels to watch are 1.847 and the red box area. A breakdown below 1.847 could lead to a significant decline, potentially completing a descending triangle with a target lower than the current price.
It’s crucial to wait for clear price action before taking action, as the market is still uncertain. If the price breaks lower, we could see a strong correction, but if it holds support and resumes the upward trend, it could be an opportunity for further gains.
Price PredictionI painted the first fib retrace and subtracted about 1% from the 2.618 line and it was 4.444 I subtracted another 1% to start the next fib retrace, then another 1% of of that 2.618. this is how I normally calculate when to pull out and it blew me away that the final number came to the legendary $5.89 number.
Ripple-XRPUSD Periodic Analysis (Issue 54)The analyst believes that the price of { XRPUSD } will increase in the next 24 hours. This prediction is based on quantitative analysis of the price trend.
Please note that the specified take-profit level does not imply a prediction that the price will reach that point. In this framework of analysis and trading, unlike the stop-loss, which is mandatory, setting a take-profit level is optional. Whether the price reaches the take-profit level or not is of no significance, as the results are calculated based on the start and end times. The take-profit level merely indicates the potential maximum price fluctuation within that time frame.
XRP/USDT25-12-2024 G-Money's short version technical analysisXRP/USDT 2H G-Money's short version analysis based purely on technical analysis only, no nonsense or "BS". I do totally ignore any fundamental analysis, technical analysis only
XRP/USDT still kinda on the watchlist waiting for a signal to enter trade. Some early/partial entries are done as well already. Still waiting for crossing & closing candle over "entry" level...
What do you think?
Chart is itself explaining. Kept a "KISS" approach all the way ( "Keep It Simple, Stupid") & beginners friendly... ;)
I do hope that nobody ignoring SL ( Stop Loss) ! Without it, It is a fastest way to loose hard earned money...
;)
Trade safe & don't do "gambling". In the end it never pays, not worth it to risk loose all your $...
PS: above technical analysis is done for the community & educational purpose only! It is not a financial advice. Just share my very own insight to it.
This Technical analysis is my Christmas "Present" for You ! Merry Christmas to ALL !
XRP Price Update: Short-Term Dip or Buying Opportunity?🚨 XRP Price Update: Short-Term Dip or Buying Opportunity? 🚨
CRYPTOCAP:XRP is currently trading at $2.19, reflecting a slight decline of 2.43% over the past 24 hours. Despite the short-term volatility, XRP continues to shine as one of the most popular cryptocurrencies with strong fundamentals and a loyal community.
🔑 Key Levels to Watch
📈 Resistance: $2.30 (Potential short-term target)
📉 Support: $2.10 (Critical support zone to monitor)
📊 Trade Setup
🟢 Long Entry: Around $2.15, targeting:
1️⃣ $2.30 (short-term PDA)
2️⃣ $2.40 (next major level)
🔴 Short Entry: If XRP falls below $2.10, consider:
1️⃣ $2.05 (retracement zone)
2️⃣ $1.95 (lower PDA)
🛡 Risk Management
💡 Stop-loss: $2.05 to minimize downside risk.
💬 Market Insight
The slight dip in XRP may present a buying opportunity for those looking to accumulate at lower prices. Keep an eye out for recovery signals to confirm a bullish trend in the short term.
🚀 Stay tuned for updates and trade wisely!
XRP - Will it lead to a masssssivvveeeeee??? What?XRPUSDT - You won't want it to reach monthly lows, The FAT big yellow box shows major buyers attraction, if it cant defend this, would short to death to the red arrows marked. ideally expect some small scalps overall. Some can short from the point of green box as well, For me still a No-No
