XRP For new ATHXRP expected to move lower before a move past 2$ mark. The marked buy zones will be closely monitored as price is expected to come to them before we get another leg that will see us hit new ATH.
XRPWCRO_E83FFA.USD trade ideas
XRP: Bullish Momentum Building Towards $1.63Technical Analysis
2-Day Chart (Left Panel):
XRP has completed a W-formation (double bottom) as of 11/27/2024, signaling a strong bullish reversal pattern.
The price has successfully broken above the 0.618 Fibonacci retracement level at $1.49548, a critical resistance level now turning into support.
The next major target is the previous high at $1.63339, where significant resistance may emerge.
10-Hour Chart (Right Panel):
Price action shows a new intraday high being formed as XRP maintains momentum above the 0.786 Fibonacci level at $1.55612.
The structure is supported by strong volume and consistent bullish candles, indicating continued buying interest.
A minor pullback to retest the 0.618 Fibonacci level at $1.49548 is possible before continuation to higher levels.
Market Behavior
XRP's price movement aligns with its bullish market cycle, respecting key Fibonacci levels and liquidity zones.
The completion of the W-formation provides a solid foundation for further upward movement, making $1.63 a critical short-term target.
Outlook
If XRP sustains momentum above $1.55612, the likelihood of retesting and potentially breaking $1.63 increases significantly.
However, a retest of lower support levels, particularly $1.49548 or $1.45289, should not be ruled out before continuation.
This market structure reaffirms the broader bullish sentiment for XRP as it continues its upward trend.
XRP/USD Uptrend Analysis: Sell and Buy Opportunities at Key ZoneWe are trading in an uptrend, where the price has approached our key zone and has shown a strong reaction on the 30-minute timeframe. Now, we can wait for the price to approach the zone again and bounce off it, which will present an opportunity to enter a sell position.
If the price breaks through the zone and then bounces off it, we can consider continuing the buy trend. However, we must wait for proper confirmation, so the chart shows us which side is stronger.
XRP - BistampThese Targets need to be reviewed and updated based on any increases in the circulating supply.
New Movement XRP/USDIf XRP/USD approaches $1.63 with strong bullish momentum, it could signal the start of a new uptrend, targeting higher resistance levels around $1.80 or $2. Conversely, a failure to sustain $1.24 might result in a bearish breakdown, pushing XRP toward the $1.00 support zone. Watch for volume and external developments as key drivers of momentum.
XRP - 2 Week Gaussian ChannelThe last two times the gaussian channel flipped from red to green, xrp had parabolic rises.
(orange arrows)
This flipping from red to green also led to market cycle tops. (orange circle)
Will this time be the same?
Currently the channel has been red for the last 336 days, and we haven't reached bitcoin's halving event yet.
Will the gaussian channel flip to green before the halving event?
Or will it be like in 2016 and 2020, where it flipped to green 300ish days after the halving event?
XRP Breaking up again?Like CRYPTOCAP:XRP price action and CRYPTOCAP:BTC driving all. The holidays are infamous for wild crypto swings. Buckle up, buttercup.
XRP Pullback or more sideways consolidationDescending triangle shown in this 1-month view; Resistance at 1.50; could retrace to 1.21
WILL #XRP BREAK THE CURRENT RESISTANCE?Looks like we had a fakeout here which will happen during volatility in the market!
I still wouldn't rule out a potential downside to $1.13 but if we break the green area we could see $1.90 quite quickly.
We first need to close above our current resistance (green zone) to see further highs.
A retest to $1.13 would be very healthy at this point which would mean that XRP could easily break the $1.90 and send it higher.
Marvel Diego The Billionaire
"XRP/USD: A Promising Investment Opportunity
As we navigate the ever-changing landscape of cryptocurrency, one coin that's gaining attention is XRP. With its fast transaction times and low fees, XRP is an attractive option for investors looking for a reliable and efficient cryptocurrency.
While no investment is without risk, XRP's potential for growth in 2024 and 2025 makes it an exciting opportunity for those looking to diversify their portfolios."
*Option 2: Optimistic Tone*
"XRP/USD: The Key to Unlocking Wealth in 2024 and 2025
Get ready to seize the opportunity of a lifetime! XRP is poised to make a significant impact in the cryptocurrency market, and those who invest now could reap substantial rewards.
With its cutting-edge technology and growing adoption, XRP is an investment that could potentially make people rich in 2024 and 2025. Don't miss out on this chance to be a part of something big!"
*Option 3: Technical Analysis Tone*
"XRP/USD: A Technical Analysis of its Potential
A review of XRP's chart patterns and technical indicators suggests a strong potential for growth in 2024 and 2025. With its current momentum and support levels, XRP could be poised for a significant breakout.
Investors looking for a cryptocurrency with strong technical fundamentals may find XRP to be an attractive option. As with any investment, it's essential to do your own research and consider your own risk tolerance before making a decision."
XRP Could it be this easy this time?This is the fairytale scenario for CRYPTOCAP:XRP if all the stars align, and the universe decides to reward us for our patience. The game really is patience, but let's see how this plays out in the real world. Good luck XRP holders. You deserve it. Nice play!
xrp next move weakly chart in #xrp is so elliotic type ! 4 main waves are done and now we are in the 5th wave as you can see the rising is stopped for few days i believe that there should be a correction to the rebuy zone and then rising again
XRP/USDTIf history repeats itself... profits is on the way. I have been waiting for this price suppression to break out for months. Enjoy!
THE XRP BULL RUN HAS BEGUNAssuming the same % increase as the 2017 run the price hits a whopping 177
I dont think it will go that high this run. But it is absurd to look at.
The breakout of the Gaussian Channel is clear, the bullrun has begun.
So around $1.2 is the new support zone for XRP! Looks like XRP got some nice support at $1.2. Keep buying fellas!
XRP, 5 years long triangleWhile other coins building finals waves in their correction structures before going up, there is XRP, who had been in a relative consolidation for previous almost 5 years. And now it may soar as big triange completes its formation. Although, it may continue, there is a decent impulse (marked red) with unclear correction. At .44, I suppose, it will be good to stard accumulating long position with targets at 2.0+
And, as far as this is a triangle, which occurs on a position of wave 4, here I see one more evidence, that this growth will be the last on the whole crypto market for many years ahead.
XRP failed to break the resistanceIs another downfall waiting for the XRP? This crypto failed to stabilize over the resistance zone.
XRPUSD LONG This is just my idea and opinion about the projection of XRPUSD pair, on the long term.
By the looks of it, and with the events coming up with the US elections results, clarity in crypto regulations coming up, and also possible future ETF applications this could be few triggers for a Long position.
Could XRP Do the Same % in DEC as 2017 ?????So maybe I'm too hyped about this Coin because I've been stacking for so long & hold since 2020 but just curious on everyone else's thoughts. When I measured the % of the first few weeks of December 2017. The gains seemed huge, First week was 294% Second 94% then Christmas week was another 159%. You think with the case being over, all the Connections / partnerships / ETF filings / Ripple stable coin launching soon, could turn this thing into a GameStop type of Bull Run ??? Just everyone just so much FOMO its just starts to just go Banana's ...... Bags packed / Space Suit on
Lets see if this happens I'm down
Is Ripple's XRP ETF the Next Big Investment Opportunity?
The cryptocurrency market has been excited as Ripple's XRP token continues its upward trajectory. The recent surge in XRP's price, coupled with a significant development in a new ETF application, has fueled optimism among investors.
WisdomTree Joins the XRP ETF Race
WisdomTree Investments, a prominent asset management firm, has taken a bold step by applying with the U.S. Securities and Exchange Commission (SEC) to launch an XRP exchange-traded fund (ETF). This move is a significant development in the crypto industry, particularly for Ripple and its XRP token.
WisdomTree's decision to pursue an XRP ETF aligns with the growing interest in digital assets and the increasing institutional adoption of cryptocurrencies. By applying in Delaware, a state known for its business-friendly regulations, WisdomTree aims to streamline the regulatory process and potentially accelerate the launch of the ETF.
XRP's Stellar Performance
XRP has emerged as one of the top-performing altcoins in the recent crypto rally, experiencing a remarkable price surge. The token's value has soared to levels not seen since 2021, captivating the attention of investors and analysts alike.
Several factors have contributed to XRP's impressive performance:
1. Positive Legal Developments: Ripple's ongoing legal battle with the SEC has been a major catalyst for XRP's price movement. Positive developments in the case, such as favorable court rulings or settlements, can significantly impact the token's value.
2. Increased Institutional Interest: As more institutional investors recognize the potential of cryptocurrencies, XRP has gained traction. The growing interest from traditional finance players has led to increased demand for the token.
3. Strong Network and Utility: XRP's underlying technology, the RippleNet, offers fast and efficient cross-border payments. The network's growing adoption by financial institutions has solidified XRP's position as a valuable digital asset.
4. Positive Market Sentiment: The overall bullish sentiment in the crypto market has also benefited XRP. As investors become more optimistic about the future of digital assets, they are allocating funds to promising projects like Ripple.
The Future of XRP and Crypto ETFs
The filing of an XRP ETF application by WisdomTree is a testament to the growing institutional interest in cryptocurrencies. If approved, the ETF would provide investors with a convenient and regulated way to gain exposure to XRP.
However, it's important to note that the SEC has historically been cautious about approving crypto-related ETFs. Regulatory hurdles and concerns about market manipulation and investor protection have often delayed or prevented the launch of such products.
Despite the challenges, the increasing number of ETF applications for cryptocurrencies, including Bitcoin and Ethereum, suggests that the regulatory landscape is gradually evolving. As regulators better understand the crypto market and its potential benefits, we may see more approvals for crypto ETFs in the future.
Conclusion
Ripple's XRP has been on a remarkable journey, and the recent surge in its price, coupled with the filing of an ETF application by WisdomTree, has further solidified its position as a significant player in the crypto industry. While challenges and uncertainties remain, the future of XRP and cryptocurrencies appears bright. As the industry continues to mature and regulatory frameworks become more supportive, we can expect to witness further innovation and growth in the years to come.
XRPUSD - Entry Setup at H1Trend: Bull
Phase: Retracement
EW: Completing wave 4 of Wave Y.
Plan: Wait for entry at Wave 5 of Wave Y.
CL: Close below wave 5.
TP: Wave 5 of the continuation trend.
Trade at your own risk.
XRP Momentum CaseGiven the news and the state of crypto market reaction, supported with technical analysis to unfold some basic insights of growth
