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XRP / WRAPPED CRO on CRONOS (0xe83FfaD6c8ceC615B7A8d7c96706F717E91784D2) in USDXRP / WRAPPED CRO on CRONOS (0xe83FfaD6c8ceC615B7A8d7c96706F717E91784D2) in USDXRP / WRAPPED CRO on CRONOS (0xe83FfaD6c8ceC615B7A8d7c96706F717E91784D2) in USD

XRP / WRAPPED CRO on CRONOS (0xe83FfaD6c8ceC615B7A8d7c96706F717E91784D2) in USD

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XRPWCRO_E83FFA.USD trade ideas

I haven't published in a long time.First of all, I can't believe that I'm publishing a post here now. There is a high probability that we will leave the triangle that has been sitting and going sideways for several years. The recent problems with Microsoft only push me to LONG positions on the lever. The last BEAR TRAP confirmed this exit for me. Everyone started SHORT on XRP, because what else has been done with this cryptocurrency over the years? Since everyone has done it, I'll hold you by the balls and go up. But it won't be stairs. This will be the elevator. Good luck !
BITSTAMP:XRPUSDLong
by SayMoney
2
XRP bullish ideaI don’t know what’s going on behind closed doors at the Ripple office, but the chart certainly looks interesting. Looking at the daily chart, we can see the price action is approaching a 36 (3+6=9) month old horizontal resistance/support zone. “If you only knew the magnificence of the 3, 6, and 9, then you would have the key to the universe.” Nikola Tesla. Going back to July 2023, we see the market exploded past key resistance, resulting in a ~97% gain in a single day. This indicates the market is closely watching that level. There is also a successful break of a 4 month diagonal resistance, building up momentum. On top of that, XRP could be coming out of an accumulation phase that lasted approx 800 days. ( 800 Days in crypto is 8000 days in normal life) Let’s not forget that XRP is an ISO20022 compliant cryptocurrency. Additionally, Ripple is listed on almost every existing exchange, making it accessible to buy for anyone on the planet and possibly beyond. Moreover, CNBC's Fast Money streamed how to buy Ripple at $2.57 back in January 2018. With XRP currently trading at approx a 75% discount since then, it would need to pump by approx 370% to return to that level. Overall, should XRP break the key level of ~$0.55, the next key zone would be ~$1.3.
BINANCE:XRPUSDLong
by Krokzi
Elliott Wave Analysis on Ripple (XRP/USD)Major Wave Structure 1. Primary Waves • W-X-Y-XX-Z: The chart begins with a complex corrective structure, which is common in Elliott Wave Theory to describe prolonged corrective phases. • 1-2-3-4-5: Following the complex correction, an impulsive wave structure is apparent. 2. Subwaves • Each primary wave consists of smaller-degree waves, identified using numerical (1, 2, 3, 4, 5) and alphabetical (A, B, C) labels. Detailed Breakdown Corrective Phase (W-X-Y-XX-Z) • Wave W: Indicates an initial corrective phase, typically forming a zigzag pattern. • Wave X: A connecting wave that can take the form of a triangle, flat, or zigzag. • Wave Y: Another corrective wave similar to wave W. • Wave XX: Another connecting wave, similar in structure to wave X. • Wave Z: The final corrective phase in the complex structure. Impulsive Phase (1-2-3-4-5) • Wave 1: Initial impulsive wave marking the beginning of a new trend. • Wave 2: Corrective phase, typically retracing part of wave 1. • Wave 3: The strongest and usually the longest wave, often extending to 161.8% of wave 1. • Wave 4: Another corrective wave, usually less severe than wave 2. • Wave 5: Final wave in the impulsive phase, often displaying divergence with indicators like MACD or RSI. Fibonacci Levels • Fibonacci retracement levels are crucial in identifying potential reversal points and are marked on the chart: • 23.6% Retracement: Around 0.58025, indicating a potential resistance level during a pullback. • 38.2% Retracement: Near 0.54160, suggesting a significant support level. • 50% Retracement: Often considered a strong support or resistance level, located around 0.51587. Future Projections 1. Current Scenario • The chart indicates that Ripple is currently forming wave (3), which is expected to continue upwards, with potential resistance around 0.65795. 2. Wave (4) Projection • After completing wave (3), a corrective phase (wave (4)) is likely. This wave could retrace to the 38.2% or 50% Fibonacci levels, around 0.54160 or 0.51587, respectively. 3. Wave (5) Projection • Following wave (4), the upward trend is expected to resume in wave (5), potentially targeting new highs above the previous peak of wave (3). Conclusion • Short-Term: Expect continued upward movement in wave (3), with resistance around 0.65795. • Medium-Term: A corrective phase (wave (4)) is expected, targeting support around 0.54160 or 0.51587. • Long-Term: After wave (4), the upward trend should continue in wave (5), potentially reaching higher levels. Trading Strategy • Entry: Consider entering long positions near the end of wave (4), using Fibonacci support levels around 0.54160 or 0.51587 as potential entry points. • Stop-Loss: Place stop-loss orders below the 61.8% retracement level to protect against deeper corrections. • Targets: Set initial profit targets around the resistance level of wave (3) and adjust positions based on the development of wave (5).
FOREXCOM:XRPUSDLong
by KironKavanagh
BuyBack is @ 0.5219 for safe inBuyBack is @ 0.5219 for safe in. XRP on the daily is about to turn into a sell. I have my Buy Back in already at 0.5219 which is the Dashed Lines on the weekly chart. The actual target is: 0.5064 HOWEVER, you will not be able to capture that in time (if sleeping) and that is usually when the target hits. The formula is prior 21 Day MA movents on the weekly. 0.5064 is near limit and exchanges are anywheres from 1 to 2 cents difference in exchanges thus, I feel 0.5219 is A SAFE BET FOR ME. The WizardOfRealms13
BITSTAMP:XRPUSDShort
by WizardOfRealms
2