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XRPUSDT trade ideas

XRPUSDT ( INSIDE SENSITVIE AREA ) (4H)XRPUSDT HELLO TRADERS Tendency , the price inside two turning level around 0.58 & 0.56 . TURNING LEVEL (1) : the price of this level at 0.58, so if the price breaking this level reach a resistance level (1) . TURNING LEVEL (2) : the price of this level at 0.56 , so if the price breaking this level reach a support level (1) . RESISTANCE LEVEL (1) : this level around 0.60, for reach this resistance level the price need breaking a turning level (1) . RESISTANCE LEVEL (2) : around 0.65 , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1) SUPPORT LEVEL (1) : this level around O.51 , for reach this support level the price need breaking a turning level (2) . SUPPORT LEVEL (2) : support level at 0.47 , for reach this level will be breaking by open 4h candle below support level (1) . CORRECTIVE LEVEL : currently price 0.57 , have two scenario , first corrective turning level (1), before dropping to touch a turning level (2) , then breaking this level reach a support level (1), second corrective turning level (2) , to reach a turning level (1) , then breaking this level reach a resistance level (1). TARGET LEVEL : RESISTANCE LEVEL : 0.60 , 0.65 . SUPPORT LEVEL : 0.51 , 0.47 .
by ArinaKarayi
XRP Fever Grips South Korea as Traders Anticipate Legal VictoryA surge in XRP trading activity is sweeping across South Korea, propelling the token to its highest price since March 25th. The sudden surge in demand, particularly on domestic exchanges, has caught the attention of market observers, who point to the country's history of fervent support for rallying cryptocurrencies. South Korean traders are renowned for their enthusiasm for digital assets, often driving rapid price increases through collective buying fervor. This characteristic, often referred to as the "Korean premium," has been a significant factor in the cryptocurrency market, particularly during periods of heightened optimism. The recent surge in trading volume and price appears to be fueled by growing expectations that the legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) is nearing its end. A favorable outcome for Ripple could significantly impact the price of XRP, as it would likely clarify the regulatory status of the token. Data indicates that XRP's trading volume on South Korean exchanges has dramatically outpaced that of Bitcoin, the world's largest cryptocurrency. This unusual dominance highlights the intense focus on XRP among South Korean traders. Some analysts suggest that the token's performance in the Korean market could serve as a leading indicator for broader market trends. While the current surge in XRP price is undoubtedly exciting for investors, it's essential to approach the market with caution. The cryptocurrency market is highly volatile, and rapid price Moreover, the outcome of the Ripple-SEC case remains uncertain, and any negative developments could have a significant impact on XRP's price. Traders should carefully consider their risk tolerance before investing in XRP or any other cryptocurrency. Despite these caveats, the recent surge in XRP trading activity is a testament to the enduring appeal of cryptocurrencies in South Korea. As the legal landscape for digital assets continues to evolve, the country's role as a global cryptocurrency hub is likely to grow. Disclaimer: This article provides general information and should not be considered financial advice. Investing in cryptocurrencies involves significant risks.
Long
by bryandowningqln
XRPUSDT ( BETWEEN TWO TURNING LEVEL ) ( 1H )XRPUSDT HELLO TRADERS Tendency , the price inside two turning level at 0.62 & 0.60 . TURNING LEVEL (1) : the price of this level at 0.60 , so if the price breaking this level reach a resistance level (1) . TURNING LEVEL (2) : the price of this level at 0.62 , so if the price breaking this level reach a support level (1) . RESISTANCE LEVEL (1) : this level around 0.65 , for reach this resistance level the price need breaking a turning level (1) . RESISTANCE LEVEL (2) : around 0.69 , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1) . SUPPORT LEVEL (1) : this level around 0.56, for reach this support level the price need breaking a turning level (2) . SUPPORT LEVEL (2) : support level at 0.51, for reach this level will be breaking by open 4h candle below support level (1) . CORRECTIVE LEVEL : currently price 0.61 , have two scenario , first corrective 0.62, before dropping to touch a 0.60 , then 0.56, second corrective 0.60 to reach a 0.62 , then breaking this level reach a resistance level (1). TARGET LEVEL : RESISTANCE LEVEL : 0.65, 0.69 . SUPPORT LEVEL : 0.56 , 0.51 .
by ArinaKarayi
Lingrid | XRPUSDT breakout of the COMPRESSION channelThe price perfectly fulfilled my last idea. It hit the target level. BINANCE:XRPUSDT has made higher highs, indicating a bullish trend. Recently, the price formed a triangle pattern—typically a trend continuation pattern—and has broken and closed above it, suggesting a potential upward movement. On the weekly timeframe, the market also broke above the high of the last two weeks. I believe that further bullish momentum is likely, especially since the market has recently bounced off the support level at 0.6000. My target is resistance at 0.7000 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Long
by Lingrid
5
Expected Volatility Period: Around August 5 (August 4-6)Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (1M Chart) The key is whether it can maintain an uptrend along the long-term rising channel. To do so, it is necessary to check whether it is supported and rising around 0.382 (0.6166). The most important support area is around 0.47. If the price maintains above 0.47, XRP is expected to form an uptrend. If the uptrend continues, 1st: 0.5 (0.7144) ~ 0.7460 2nd: 1.0409 The 1st and 2nd areas above are expected to act as resistance. - (1W chart) A volume profile area has been formed in the 0.5455-0.6070 area. Accordingly, the key is whether it can be supported and rise in the 0.5455-0.6070 area. Therefore, whether it can be supported or not in the 0.382 (0.6166) area is important. If it falls below the 0.47 point and shows resistance, I think it would be better to wait until it rises again without trading if possible. If you want to buy, it is better to buy when it rises rather than when it falls. The reason is that if it falls below 0.47, it will enter the mid- to long-term investment zone, so I don't know when it will rise. We need to check whether it can break through the first resistance zone of 0.6810-0.7460. - (1D chart) The key is whether it can receive support near 0.6296 and rise. If not, we need to check which direction it deviates from the 0.6070-0.6296 zone and maintains the price after around August 5. - The fact that the HA-High indicator was created means that a high point zone has been formed. Therefore, in most cases, it will not break through the box zone of the HA-High indicator and will fall. If it does not and breaks through the box zone of the HA-High indicator upward, there is a high possibility that an upward trend will begin. In this sense, the 0.5682-0.5979 section should be interpreted as an important support and resistance section for an upward trend. Accordingly, if we look at it comprehensively, the 0.5455-0.6296 section is an important support and resistance section. If we think about a trading strategy based on this section, Buy section: 0.5682-0.5979, 0.6296 Stop loss section: 0.5455 1st sell section: 0.6810-0.7460 You should set it as above and think about whether you can proceed with the transaction according to your trading strategy. The box section of the HA-High indicator of the current 1D chart is 0.5833-0.6379. The box section of the HA-High indicator of the previous 1D chart is 0.5712-0.7077. Therefore, there is a possibility that it will be restricted in its rise, but if it shows support near the HA-High indicator of the current 1D chart, it is expected that it will maintain its upward trend. Therefore, the current wave can be said to be the beginning of a different wave from the previous wave. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that the full-scale upward trend will start when it rises 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 (overshooting) 4th: 13401.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
1
XRP — The Biggest Breakout You've Ever SeenI've been part of the crypto community for more than seven years. Ever since then, XRP holders have been calling for massive pumps and the craziest price targets. Many of them have sold their bags during the last few years and are disappointed about the performance. However, for the first time in years, the current chart builds an extraordinarily bullish setup. First, XRP trades close to its resistance at 0.63. Except for some false breakouts, this level has been a massive barrier. A pump above and confirmation could already cause the token to reach higher heights. However, there's another much more intriguing trend line. XRP trades close to the downtrend line originating in 2018 (!!). A break above a 6-year downtrend would certainly fuel a new rally and should shoot the token beyond $1 quickly.
Long
by ben_walther