Expected Volatility Period: Around August 5 (August 4-6)Hello, traders.
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(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.
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(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.
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(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.
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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.
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Have a good time.
Thank you.
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- 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
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I-XRP
i thought id be happy with $20 XRP, im adding another 0fib channels, cyclic lines plus fibonacci circles - who would of thought about this powerful combo.
alot is pointing towards a massive xrp movement soon:
- corrective fib circle
- fib channel support
- cyclic timeline balance
...its positioned for 2024 to moon
like i said i thought $20 would be a nice pump, if retail jumps in with the same vengeance as 2017 then this could absolutely rocket into triple digits.
expansion from a 6 year consolidation will absolutely melt faces
XRP : buy 0.55 $Technical Analysis of XRPUSD Buy Signal 🚀📈
AhmadArz Analysis:
In the 4-hour XRP/USD chart from TradingView, a clear upward trend is observed. The prices are consistently moving within an ascending channel 📊 and have recently reached a new local high. This chart highlights optimal entry and exit points for a successful trade.
Entry Point:
The suggested entry point is around $0.61122. This point is near the middle line of the ascending channel, making it a good entry for continuing the upward trend. 📈
Stop Loss:
The stop loss is set at $0.50705. This level is below the previous support and indicates the end of the current upward trend if breached. 🛑
Take Profit Levels:
TP1: $0.59686
TP2: $0.63724
TP3: $0.68110
TP4: $0.73448
These profit targets are set progressively as the price reaches higher resistance levels, allowing the trader to exit the trade gradually and lock in profits. 💰
Important Points:
Ascending Channel: The black lines indicating the channel represent dynamic support and resistance. Prices continuously move between these lines. 📊
Strong Trend: The steep slope of the channel indicates a strong upward trend, increasing the likelihood of this movement continuing. 🚀
Entry and Exit Points: The selection of entry and exit points is optimized using technical analysis to provide maximum profit with minimum risk for the trader. 📈
This analysis serves as a practical guide for traders looking for optimal opportunities to enter the market and profit from strong trends.
XRP Finally set up May need some more time. However once horizontal line breaks, moon is certain. XRP and Dogecoin are comparable in supply, except half of XRP supply is locked, and at least 20-30% of the total supply has been accumulated, meaning float for XRP is in the 30-32 billion range. The case for a big pump can be made b/c of the way supply is distributed. Also if you think about, this coins sole purpose in life is to be pumped. And who knows maybe it'll become "the standard". Old USD aths and new USD aths are coming, BTC bull raises all coins.
Total Doge supply: 125,367,046,142 DOGE
Total Doge circulating supply: 125,367,046,142 DOGE
Around 100 billion DOGE are dormant. Making it's float around 20-25 billion.
Total XRP supply: 99,990,932,726 XRP
Total XRP circulating supply: 44,257,803,618 XRP
No real way to confirm dormant XRP however it's safe to assume roughly 30% of the circulating supply has been accumulated making it's float around 30-32 billion perhaps lower in the 10-20 billion range if more than average accumulation has taken place.
XRP AND THE TUG OF WAR! ⚡️ Hey hey, hope everyone's well as always, wanted to make a real quick tune in and follow up to our last idea so let's take a quick look and here's a chart and link to our previous idea for reference and thanks for tuning in:
⚡️ In that previous idea we we're considering XRP either getting ready for a breakout or possibly falling and on that note I'll attach a 30 minute chart which will help us look at things on a better scale:
⚡️ Off the chart we can see that since our previous idea, we have in fact exited that ascending channel however we haven't fallen! Instead we can see this fight that's playing out between bears and bulls. Based off past trading action most of you guys that have been with me already understand what we're looking at. We've got a horizontal channel which has formed or a 'tug of war' as I like to call it!
⚡️ Based off what we can see it's easy to identify our support and resistance levels which I'll be setting some alerts for, those alerts at 0.59 and 0.60 should help us keep tabs on when price really moves. With this horizontal channel having formed it's a tug of war between both teams until we get a break out of the channel, what matters then, will be which way we break out of the channel notably.
⚡️ You already know, we break below the channel and lose that 200 EMA then chances are more than likely we'll fall till we hit another strong support level which we can't be certain of since we don't exactly have any levels on the local timeframe so definitely be wary if we do fall and watch my solid horizontal levels below for support at 0.541 and 0.55 if it comes down to that scenario. That being said and all, we can always break to the upside and get a breakout, that's a possibility of course but there's one thing I'd like to say before finishing this idea.
⚡️ XRP is in a crab market currently which is a stock trading reference to a market that's a bit indecisive, basically meaning that the market's trading in a sideways and rather neutral manner, things may not exactly be bullish but they aren't bearish either, lately what's been driving price action the past few weeks has been these channels we've been moving through, not news as we've become perhaps a bit too accustomed to this year with so many announcements and events.
⚡️ So please do take that into account, the markets in sort of a neutral territory right now and we may be in this sort of stagnant up and down cycle for a bit until we get some news or some real catalyst and reason for traders to either be bullish or bearish, that's more than likely why price action has been rather slow these past few weeks.
⚡️ I've got to run, busy day as usual but thanks for stopping by and I'd love to hear some thoughts from you guys as always, simply doing what I can and sharing a thought or two when I can. Thanks for the support as always, make sure to keep tuned and blessings till next!
~ Rock '
XRP READY TO FALL OR BREAKOUT? ⚡️ Hey hey, hope all is well, wanted to come through with a quick ta before we catch some sleep so feel free to tune in for a quick read, and thanks as always.
⚡️ Since my last post we've managed to avoid falling further instead now forming what's become this ascending channel which has helped us to get all the way back up and break past 0.61 again before we understandably hit that resistance at 0.63.
⚡️ Being where we are right now, it's been great that we've managed to avoid losing this ascending channel, not to mention we've avoided losing our 200 EMA on the 45 minute timeframe but whether or not we can continue that will likely come to be seen within the next few hours, if not sooner. here's that 45 minute chart below:
⚡️ I've added a few annotations but the 45 minute chart helps us see things pretty clearly, since our original test of support at 0.54 and thanks to this ascending channel we've managed to avoid crossing paths with our 200 EMA only touching once before bulls helped with a big buy order to push us back up and avoid crossing.
⚡️ That being said, we failed to break above 0.63 and form a higher high, now that doesn't mean we're instantly bearish, we can see that we hit that resistance at the ascending channel's top, just like we have our support line which has helped us avoid falling further, we're gonna have our resistance line as well, simple enough.
⚡️ To keep things short and simple, bulls want to keep within the ascending channel and aim to break 0.63 for a possible breakout and bears will want us to lose our channel. If we slip and fall out the channel and our bars end up crossing paths with that 200 EMA again, then expect bears to take a lead and push us down like we went through last time. I'll be watching the 20, 50 EMA's to see if they flip, so far they haven't but if they do flip and cross over each other again then watch that 200 EMA for bearish or bullish confirmation depending on whether we can avoid or if we do end up crossing over that 200 EMA.
⚡️ I have to go, simply wanted to put out something quick for you guys, curious to see how this plays out over the next few hours and days! Keep tuned for that of course, talk to you guys in a bit and thanks for the support as always!
~ Rock '
XRP in Range // Long Opportunity maybe soonKey Levels:
Sellside Liquidity Zone:
shaded gray area indicating a potential support level where sell orders may be concentrated.
Resistance Level: horizontal line drawn around the $0.65 mark, suggesting a significant resistance level based on past price actions.
XRP: $0.30 ---> $0.20 ---> 14.00 this animal rewards STRONG HANDS since inception or day 1
a weak hand will never make it alive come redemption day
bear in mind that CLINTON FUND and STANFORD group are on board heavily
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good lucks holders... neophytes just size your entries very well
this is a SLEEPING DRAGON ... or pretending to be sleeping since forver
4 potential shorter timeframe triangles on rep 1wk log chartMy previous chart idea which I will link to below showed the monthly timeframe logchart of the 2 potential larger triangles xrp has been consolidating in, so I wanted to also follow that up with a weekly chart timeframe of the the 4 potential smaller triangles we have also been consolidating in so I can eep track of their progress as well. All the potential measured move ines here have been randomly placed so of course where ever it does break upward will likely be slightly different and will only require I readjust those measured move lines slightly at that point only changing their price targets slightly. *not financial advice*
XRPUSD log chart’s triangle pattern on the 1 month chart.Always a chance price action could break above this triangle at any given moment but we can see that the apex of this triangle goes all the way not 2026, so it could also just continue to grind slowly idle ways as well. Hopefully a final ruling in the SEC Ripple case occurs soon and isn’t followed up by any kind of appeal so price action can finally get moving. I am simply posting this chart here so i can keep tabs on this pattern as time progresses. *not financial advice*
Ripple: Please Come Back!The recent rise is not yet significant and sustainable enough to convince us that the low of the magenta wave alt.(c) has already been placed. This scenario (37%) would require a rise above the resistance at $0.9479 for confirmation. For the time being, we stick to our assumption that the altcoin should bounce back and fall below the support at $0.2874 before placing the low of the magenta wave (c).
XRP (Ripple): Pullback in UptrendTrade setup : Price is in an uptrend. Following a a bullish breakout from Falling Wedge pattern, price broke above $0.57 key level. However, it got overbought (RSI > 70), which was followed by a pullback on some profit taking. We would be buyers on pullbacks to $0.50-$0.55 support zone, with +30% upside potential back to $0.67 resistance.
Pattern : Pullback in Uptrend . Price remains in an Uptrend but has pulled back, which could present a 'buying dip' opportunity. Traders should look for the nearest support level where price could stabilize and resume its Uptrend. This support level could be a level where price bounced off of in the past, or a level that was previously resistance. (concept known as polarity).Learn to trade key levels in Lesson 3.
Trend : Short-term trend is Strong Up, Medium-term trend is Up and Long-term trend is Strong Down.
Momentum is Bullish but inflecting. MACD Line is still above MACD Signal Line but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum could be nearing a downswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $0.50, then $0.42. Nearest Resistance Zone is $0.67.
Powerful Indicators---- XRPXRP again. In our report last week, we mentioned that XRP is in the bullish trend and pull back to the wavy area, and the bulls will increase. Unsurprisingly, XRP started to rebound just after we published the idea. Once again, XRP hit the upper rail of the wavy zone and bulls strengthened again.
When you use the TSB indicator, it will give a BUY or SELL signal, which means that the token has entered a bullish or bearish trend. The three rails in the wavy area are important support or resistance levels, depending on the direction of your position. You can add positions at these prices and reduce costs.
What’s more
At the daily level, the TSB indicator also gives a BUY signal, which means that XRP has turned into a bullish trend at both the daily level and the 4h level. Use our indicators to earn profits at any level.
Introduction to indicators:
Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated.
KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
XRP QUICK NIGHT TA!🔥 Hey hey! Hope everyone's doing well, got some free time and wanted to get a quick TA and follow up here from our last idea. It'll be a quick but important idea. And thanks for joining me as always!
🔥 In our most recent idea we added in this ascending channel with the blue lines, I've extended it in today's idea with the red lines for reference. And here's a link and image of the previous idea:
🔥 Following off from that we'll take a quick look at what's happened since and some smaller timeframes. First thing to note is that as we spoke on in the previous idea, we we're anticipating a possible reversal and retracement, especially after the big rally we'd experienced. Can see how once we lost that ascending channel we really got some sell pressure before getting that support at 0.541. And for reference here's our 15 minute chart:
🔥 I've added two annotations for reference to highlight the two points of interest as of currently. First things first, can see how once we lost that 200 EMA bears basically took over before that support at 0.541 hit back ultimately helping us regain that 200 EMA and pushing us to our next highlight!
🔥 We're at this horizontal channel now and if I had to say from past trading action and behavior, we'll more than likely be seeing some sort of breakout soon enough, now whether or not that happens depends on the 200 EMA, we're familiar with that 200 EMA by now and it's effect so what happens next will more or less be based off whether or not we can stay afloat and above that or if we'll lose the 200 EMA again being that we've failed to form a higher high already and tested that support at 0.541 so definitely set some alerts for 0.541 and 0.610 if you want to keep tabs on things.
🔥 Said this was going to be a quick idea and that's that. Just wanted to follow up and highlight a couple things for now but I'll definitely keep you guys posted and thanks for joining me once again as always, many blessings and good wishes till next!
~ Rock '