Confluence of Technical Indicators Pointing to a Potential TrendThe XRP 4H chart displays a series of technical indicators that, when combined, provide insights into the current market sentiment and potential future price movements. With a focus on Bollinger Bands, Volume Oscillator, Stochastic, MACD, RSI, and Fibonacci retracement levels, we will decode the price action and provide a comprehensive view of the most probable scenario.
Technical Indicators Analysis:
Bollinger Bands: The price is currently trading near the middle band, suggesting a neutral stance. However, the slight contraction of the bands indicates reduced volatility and a potential breakout soon.
Volume Oscillator: A negative value of -15.02% indicates selling pressure, suggesting that bearish momentum might still be present.
Stochastic: Both %K and %D are under the 50 mark but are converging, which can be a sign of potential bullish divergence in the near term.
MACD: The MACD line and the Signal line are close together with a minimal histogram, indicating a lack of strong momentum in either direction.
RSI: Hovering around the 49.21 mark, it's in a neutral zone, not giving a clear bullish or bearish signal.
Fibonacci Retracement Levels: The chart shows various retracement levels. Currently, the price is hovering around the 0.5 retracement level. This level, along with the others you provided, will act as potential support and resistance zones.
Most Probable Scenario:
Given the confluence of indicators, there's a potential for a short-term bullish reversal, especially if the price can maintain above the 0.5 Fibonacci level and if the Stochastic continues its bullish divergence. However, the selling pressure from the volume oscillator suggests that any bullish move might face resistance. Therefore, traders should watch the key price levels mentioned for potential breakouts or rejections.
Overall Sentiment:
Neutral to slightly bullish. While some indicators hint at a potential bullish reversal, the overall sentiment remains mixed. It's essential to wait for more confirmations before taking a definitive position.
I-XRP
XRP will Go🛫UP🛫 by Falling Wedge Pattern⏰(1-Hour)⏰✅ XRP is moving inside the 🟡 Price Reversal Zone(PRZ) 🟡 and near the Support line ; also, XRP has succeeded in forming a Falling Wedge Pattern .
🌊In terms of Elliott Waves , XRP was able to complete the end of main wave 5 in 🟡 Price Reversal Zone(PRZ) 🟡.
💡Also, we can see Regular Divergence(RD+) between two Consecutive valleys .
🔔I expect XRP will go UP at least to the 🔴Resistance zone($0.494_$0.489)🔴 after breaking the upper line of the Falling Wedge Pattern.
XRP Analyze ( XRPUSDT ), 1-hour time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
XRPUSDT, weekly analysis. Bears market.Hi friends. I analysing Daly and weekly timeframe graphics and see, that's all planned bears closings (purchases) go out from market. Open interest going down on any price upper tendention. X-lines script show 0.4253 like a major bears target 🎯. So downward in long term. Follow me.
XRP IS BEARISH !We had a diametric that the strength of the falling F wave of this diametric was high and the G wave was shortened, which indicates the strength of the seller.
It is expected that the price will move up to the green support area or even lower.
If the price pulls back to the supply range, it is a good opportunity to short.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
RIPPLE - Price can break resistance level and then continue riseHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
Recently price bounced down to $0.4590 points, thereby breaking $0.4945 level, which coincided with support area.
After this, price started to rise inside rising channel, where it rose higher of this level and reached resistance line of channel.
Then Ripple bounced down to $0.4945 level, exiting from channel, and then Ripple rose to resistance line of pennant.
But then price bounced and made strong downward impulse to support line, thereby breaking $0.5350 and $0.4945 levels.
Also recently, price exited from pennant and now it trades very close to $0.4945 level in support area.
Possibly, Ripple can break this level, make retest, and then bounce up to $0.5150 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
XRP - Are You Ready?⏱Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📊 After breaking below 0.55, XRP has been in the making of an Accumulation phase ranging between 0.45 and 0.55 for a couple of month.
The 0.5 zone is also a strong demand and support zone from Weekly timeframe.
📈 For the bulls to take over, and start the Markup phase, we need a daily candle close above 0.55.
📉 Meanwhile, XRP would be consolidating and can still test the lower bound of the range where we will be on the lookout for short-term buy setups.
📚 Always remember to follow your trading plan regarding entry, risk management, and trade management.
Good luck!
And always remember: All strategies are good if managed properly!
~Rich
⚡️ XRP LOCAL TA ⚡️⚡️ Today's idea is gonna be pretty quick and simple so this shouldn't take too long.
⚡️ XRP following up from our last idea doing it's part to regain that 200 EMA continuing within out ascending channel. In yesterday's idea though we did give the ascending triangle and following up from that on the hourly can see how we are still within that ascending triangle roughly. Below is the hourly chart:
⚡️ Main point right now is that we're hitting that resistance at the top of our ascending channel/ the ascending triangle in trying to break 0.49 with bears definitely trying to keep the pressure on us with that large sell order clearly displaying strong resistance on behalf of one whale or whoever it may be that wants to pull prices down.
⚡️ I would watch the ascending channel as right now that'll be the catalyst for things alongside whether or not we can regain the 200 EMA or fail and get a double top here which hopefully doesn't happen but if so 0.485-6 is that support level where you should set any alerts for those that may like to keep an eye on price action.
⚡️ That's it for today, said this would be a quick idea and I've got to get ready for work, going in early today but appreciate you guys as always, wishing nothing but the best. Any likes or follows also help me out so thanks to those of you that continue to support me.
~ Rock '
🔥 XRP FOLLOW UP AND SUPPORT! 🔥🔥 Just keeping this quick, feels like that kinda day but thanks for stopping by of course! Appreciate you guys as usual.
🔥 Basically since our last idea XRP has managed to continue climbing and avoid falling further back below that 0.479 horizontal level with what's looking like a possibly Ascending triangle here as shown below on the hourly chart.
🔥 I've added some encircled points to highlight that resistance at 0.488 but if we can manage to get another break above 0.488 I can definitely see it as a good catalyst for a possible breakout back to the 0.50's with 0.492 being the first resistance to break but still. With the ascending triangle things don't look too bad, not we've had that support on the diagonal trendline below us keeping us in check from falling further but that's where the next point starts.
🔥 Just like the ascending triangle can help us get that breakout there's still the possibility of failing to break 0.488 and losing momentum which could put us in another precarious position if we we're to slip below that diagonal line, such could set us up for a bit of a drop admittedly but for that case you could set an alert below the line in case for 0.485 or so.
🔥 Main thing for me is whether or not Bitcoin breaks $27,000 soon or not, it's pretty clear that the market for the most part is still keeping some form of correlation with Bitcoin and whales are likely just waiting to see what Bitcoin does as it fights between $26 and $27,000 trading sideways for the most part this week. Just one of those pivot points is all, we're at another junction and though we can't see into the future, we can at least view our prospects with regards to how things may play out.
🔥 I have work soon so I've got to go and get ready, but thanks for stopping by as always, really appreciate it and all the best till next everyone! Feel free to leave any likes or follows, never hurts, simply helps, thanks.
~ Rock '
XRP.USD (Ripple) Full AnalysisHello My Friends.
It's a new day and I want to talk about my favorite Coin known it as Ripple.
It's really a die-hard asset against many problems.
Let me remember that it's NOT financial advice.
It's just a new vision for the Ripple.
So, please read carefully and don’t forget to Like, share write your friends, and write your comments below.
Let's go into details.
As you see, I want to analyze this chart on a weekly time frame to show you what's happening in XRP on a big scale!
I drew 5 zones as the main support zone. I believe that the First zone around 0.45 USD will be lost soon.
So, don’t hurry to buy this asset at an insensible price.
The Next support is around 0.28 USD. This zone is rarely strong but I believe that this zone will be broken too.
The 3rd one is around 0.18 USD and could be a good place to put your order for the first Level.
But I believe that the 0.15 USD will touch the Price and it's really an excellent place to buy XRP.
Finally, the Last support zone is around 0.12 USD. This is a fabulous zone to buy and hold Ripple for a Long time.
I want to tell you something sweet, according to my calculation, the final target of Ripple at the end of the next Bull cycle will be around 50 USD in the long term. it means a profit of more than 40000% at the end of 2029. So, please pay attention to my words and be patient.
The situation of the world economy is terrible.
The U.S. government is stuck in recession. So, it's a good chance to start the best investing.
Please be patient. control your emotions.
Opportunities in the market flow smoothly like a river.
It was my duty to tell you all things you need to know.
Please don’t forget to write your comments ✍️✍️ Like 👍👍 and Share 👌👌 this Vision with your friends.
And Tell me do you agree with me or Not?
I wish you Health and Wealth
Sincerely Yours
Ho3ein.mnD
Bitcoin's dominance overshadows altcoinsAfter staying adamant in our assessment that XRP was manifesting only another short-lived bounce above $0.50 (and then fakeout above $0.54), we finally saw it falter in the past few days. Overall, the picture has not improved, and technicals point to more weakness for the token. We still believe the support at $0.43 will be taken out, and new lows will be put in. As such, we remain bearish on XRP.
Illustration 1.01
Illustration 1.01 displays the daily chart of XRP. In a recent article about Bitcoin, we explained how it was likely for BTC dominance to grow at the expense of other altcoins, and this is a prime example of this.
Technical analysis gauge
Daily time frame = Bearish
Weekly time frame = Bearish
*The gauge does not necessarily indicate where the market will head. Instead, it reflects the constellation of RSI, MACD, Stochastic, DM+-, ADX, and moving averages.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
It's now make or break for XRP.XRP is at a crucial juncture. If it breaks below the lower trend line it will be an utter disaster going possibly as low as .16 - .23 cent range. If it gains momentum it could easily run to the upper trend line range in the 1.19 range. If it breaks that then hold on tight!
Volatility Period: Around October 13 (October 12-14)Hello?
Hello traders!
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(XRPUSDT 1M chart)
If the price stays above 0.47, the upward trend is expected to remain.
(1D chart)
The key is whether it can receive support and rise in the box range of 0.4799-0.5086.
If not, and it falls below 0.47,
1st: 0.4485
2nd: 0.3942
You need to check if you receive support near the first and second levels above.
The volatility period is around October 13 (October 12-14).
Based on this point, it is necessary to check whether a trend can be formed by deviating from the 0.4799-0.5086 range.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
⚡️ XRP AND THE MAJOR MOVES! ⚡️⚡️ Hi, I have no time so I'm just keeping this short. Been absolutely burnt out with work, I barely have time for myself as it is with everything going on, but I'll at least get this idea out and respond to some comments later when I get more time.
⚡️ I did try to post an idea on the 7th however for whatever reason trading view didn't let me but I have attached the chart I had for that below.
⚡️ And here's with the title
⚡️ XRP did have that ascending channel and that was what I wanted to point out in the idea I wasn't able to get out, wanted to warn about that but now we can see the result after having lost that ascending channel which ended up pulling us down to just about where the channel itself started with us even getting that major pull down, longs squeeze. No doubt some whale or institution sold to knock out those longs.
⚡️ Above 0.479 XRP's managed to keep some grip though that in itself is a bit understated no doubt, I'd like to see more action first above 0.479 since this is the first time we're here since just about a month ago basically. Definitely set some alerts for 0.4973 in case we revisit below that though I doubt we'll see another fall quite as dramatic as the one on the 9th.
⚡️ Most of this was just a perfect set of events for the fall with the SBF trial ongoing throwing some shade at crypto and no doubt dimming public opinions and sentiment thus shaking up the market more at a time when Bitcoin was looking at possibly breaking some local levels which promptly ended up dumping Bitcoin below that $27,000 mark and sending the rest of the market down with it including XRP of course.
⚡️ So it's not just XRP that's taken the hit, the market as a whole has and in our case we had the two catalyst with the first being the loss of that 200 EMA on the hourly, 4 hour which was then confirmed once we lost and exited the Ascending channel failing to stick above 0.52 and getting dumped on.
⚡️ I'm not stressing crazy right now, we have seen this before but still always find it funny how the perfect storm seems to brew every time for crypto, we'll have good news and sentiment raise us up and help form good movement, and then we'll have weeks like this which do the exact opposite, for example we have the SBF FTX trial ongoing and we even had Jim Cramer yesterday commenting and issuing a 'major Bitcoin price warning' with him even being quoted: "A lot of the people who watch us are searching for ways not to lose money but to make money. I can't go out with gold cause gold is not good. I can't go out with Bitcoin because...Mr. Bitcoin is about to go down big". Definitely doesn't help us.
⚡️ To me just seems like a narrative, the whales pump up the news and sentiment buying in, then when they decide to sell they put out FUD like the jim cramer which in turn ends up helping send prices down, of course before this happens they make sure to take their profits and sell at the high before buying down at the lowest points and buying back in for a cheap price. They sell high and buy low.
⚡️ I have to go but all the best till next. Bye
~ Rock '
XRP: The Conundrum According to Matthew Dixon (@mdtrade), the CEO of Evai, an AI crypto rating platform, XRP could be in for some turbulent times. Dixon is an investment trader and financial expert, and his analysis suggests that XRP’s future could be a mix of highs and lows closely tied to the performance of Bitcoin.
Dixon presented his prediction using a daily XRP chart, highlighting a distinctive 5-wave pattern that XRP has followed since the victory recorded by Ripple in mid-July.
XRP began its first wave when it experienced a substantial 73% price surge to $0.93 on July 13, only to retreat from those heights. The drop to $0.69 marked the end of Wave 1.
The second wave came shortly after the first, as indicated by Dixon’s chart. This wave followed a recovery period that began after XRP’s dip to $0.69, eventually reaching $0.84 to mark the end of Wave 2.
Sadly, XRP could not keep the bullish momentum and succumbed to bearish pressure after hitting $0.84. The price plummeted from $0.84 in July to $0.42 in August, ending Wave 3 and marking a 50% decline in just one month.
HelenP. I Ripple can make correction and then continue riseHi folks today I'm prepared for you Ripple analytics. A short time ago price rebounded from the trend line and made a strong impulse up until to 0.5235 points, thereby breaking the 0.4915 support level, which coincides with the support zone. After this movement, Ripple made a correction to this level, which there moment coincided with the trend line, and then continued to move up to the 0.5300 resistance level. When the price reached this level, it made a fake breakout and in a short time declined below, but soon Ripple repeated this movement and broke the 0.5300 level, which coincided with the resistance zone again. But a not long time ago Ripple started to decline to the trend line, breaking the resistance level again and even soon price broke the trend line too and fell until to support level. After this, it rebounded up and now it traded near. For my mind, Ripple can make correction to the support level and then continues to rise. That's why I set up my target at the 0.5100 level. If you like my analytics you may support me with your like/comment ❤️
XRP/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this XRP update from Crypto Sanders.
Chart Analysis, Ripple, was another notable mover on Monday, falling by over 4% in today’s session.
After reaching a high of 0.5218 on Sunday, XRP/USD plunged to a bottom at 0.4975 earlier in the day
This resulted in the world’s fifth-largest cryptocurrency moving to its weakest point since September 18.
Monday’s move occurred as the RSI retreated towards a support level at the 43.00 mark for the first time in three weeks.
the index is now at a reading of 43.60, with ripple trading at 0.5014, following a three-day losing streak.
In the event that the RSI falls under 43.00, XRP will likely edge below 0.5000 in the upcoming days.
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.
XRPUSDT, big volume of bulls exit. SellHi friends. XRPUSDT downward trend started. 350 million contracts of bulls closed and still there's no quality volume about they'll purchasing. So we go down. Target for bears 0.5094, 0.4965 and major target - 0.4810. Have a nice trade's and follow me) Volume analysis thanks to X-Volume indicator want rent - write in private.
XRP's Market WaltzAs the October leafs flutter in the crypto theatre, XRP pirouettes on the stage of uncertainty on October 5, 2023, with its price elegantly poised at $0.529669. Despite a recent encumbering bearish sentiment, the curtains are yet to draw on XRP's performance as a soft whisper of bullish momentum echoes through the market halls.
Just days before, on October 3, a mild stumble of 3.01% against the US Dollar had slightly dimmed the spotlight on XRP. Yet, as the choreography unfolds, a medium-term price encore at $0.5675 is being choreographed by the market maestros for October, with a long-term crescendo targeted at $0.9300 come January 2024.
The script hints at a captivating act with a predicted price surge of about 32% over a week to touch $0.66, following a meaningful breach of a Fibonacci ballet step. This projection twirls in harmony with the general market optimism for a grand XRP rally in October.
The technical tableau paints a scene of mixed sentiment. The resistance and support levels stand as the pivotal stages for XRP's next act. A triumphant leap above the resistance of $0.66 could herald a bullish ensemble, propelling XRP towards the medium-term crescendo of $0.5675 and beyond. Yet, a falter could send XRP spiraling down to retest the lower support zones, a scene the market audience watches with bated breath.
Amidst the backdrop of an October scheduled buyback and the simmering notes of the SEC case, the $0.66 resistance level emerges as a critical battleground, setting the stage for XRP's short-term price ballet.
The choreography of XRP amidst the mixed market sentiment resonates through the crypto auditorium, embodying the volatile yet hopeful narrative of XRP as it endeavors to regain its bullish tempo in this financial choreography.
Key Price Levels:
- Resistance Level 1: $0.66
- Resistance Level 2: $0.5675 (medium-term target for October)
XRP (RIPPLE) SELL ANALYSIS📉:XRP moved as we said it would on yesterday's analysis. It moved a little higher above the yellow resistance zone, seen a small wick fill & now dropping back below $0.52 zone.
A nice 7.5% profit gain to make from this trade. 7.5% without leverage, could easily do 50-100% with leverage😉 Trade accordingly to your account balance & your personal risk appetite.