XRP will go UP by Symmetrical Triangle🚀XRP seems to have managed to form a Symmetrical Triangle Pattern over the past few days.
Also, XRP has the potential to form an Ascending Channel after breaking the upper line of the symmetrical triangle pattern.
🔔I expect XRP will go UP to at least the 🔴 resistance zone($0.844-$0.820) 🔴 after breaking the upper line of the symmetrical triangle pattern.
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🌐➕ Positive News ➕🌐:
US lawmaker calls on SEC chair to reassess stance on crypto following Ripple ruling.
Judge orders Ripple, SEC to agree to possible settlement dates.
After Ripple won the court, the Volume Trading of XRP surpassed that of Bitcoin.
US regulatory clarity has begun in court after Ripple win: CFTC commissioner.
Banks Could Flock To Ripple’s XRP After Partial Victory, Company CLO Tells CNBC.
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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.
J-xrp
XRP LOOKS BULLISHHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the XRP symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
🌠 XRP Breaks out from Consolidation 🌠🌠 If you've been following my idea's then you know what's going on right now. And before I start just wanted to say thanks for joining as usual ladies and gentlemen. Yesterday's idea we pointed out that XRP was still consolidating/trading sideways but was nonetheless pushing and it's pushed well today no doubt.
🌠 Past few days I've been pointing out that we've been within this channel consolidating between that resistance and support of 0.80 and 0.70 with price looking for a break in one direction or another. We got that confirmation after breaking past my 0.76 resistance promptly rallying up to that 0.816 mark before getting hit by what is likely some retracement.
🌠 Through that rally XRP managed to break out of it's consolidated channel breaking that 0.80 mark with relative ease. We did fall back into that channel afterwards but promptly left it to bring us to where we currently are. And for that we'll look to this 3 minute visual chart I've made for you guys.
🌠 5 minute chart tells us a long more and I've annotated most of the important things to keep stuff simple for you guys. XRP has now hit this resistance twice at 0.81 and if we can't break that expect a possible reversal to start if some whales or traders start taking profits/closing positions as we'd risk losing that 200 EMA again and with what we will have to look at 0.77 for support being that we just previously found it there at the 4:30 UTC time mark though there's only been one confirmation there so it's not a reliable support but good to note.
🌠 What I want you guys to watch for now is 0.79. We break below 0.79 and we'll risk losing that 200 and starting a reversal, should that happen and we slip then pay mind to my 0.71 support mark as that's the bottom of our consolidation channel. And below 0.71 it's no mans land as we'll call it. We just don't want to go there right now, would bring down a lot of gains for traders and bring out uncertainty, leading to volatile moves so we don't want that right now, just want support right now in the last above 0.76.
🌠 Below is the chart/link to yesterday's idea in which we pointed out XRP was consolidating but still pushing for anyone who would like a bigger picture view, the chart will still be prominent even today and until we break away from it in either direction. Again the arrows are there to keep things simple, we go below 0.71 and we fall, and above 0.80 we stand to gain another leg up and build support aiming for that $1 benchmark but first before that will be 0.90-92. Click on the idea if you missed the chance to read yesterday or are curious.
🌠 That's going to be about it for today's idea, didn't want to make it too long but had some important stuff to highlight. Main thing is that we still have the 200 EMA on the 15 minute timeframe but if we ever lose it on the 15 minute just be prepped and don't fret. Simple pay mind to the level's I've pointed out and given, that's all for today, thank you and feel free to leave a like or follow as usual, always helps.
~ Rock '
Trade Alert - Take Profit XRPTraders,
As suspected, a favorable ruling on XRP. Head and Shoulders target was achieved and more. I held to .75 cents and sold half for profits. The remaining balance I will hold with a breakeven stop out.
Congratulations who followed me in this trade! We were able to double at least half of our trade. I have a feeling the remaining balance will do even better but we may have to hold it for a bit.
Stay Tuned,
Stew
🔥 XRP Perfectly Timed Reversal: UpdateLast week, just after XRP's massive surge, I made an analysis about my game plan for this token and how I planned to approach it. See below.
As explained in my previous analysis, I wanted a move towards the 0.5 and 0.618 Fibonacci Retracement combined with an oversold RSI on the 15 min timeframe. Congratulations if you took the trade!
Thus far, the trade has worked out perfectly. I'm waiting for a move towards 0.90 to take profits. For more risk-averse traders, now is a great time to take some profits off the table.
The Hardest Part Is OverXRP Army with an epic win this week. Fednow launching a few days after this call makes me ver suspicious and the presense of Rosie Rios I think its the BIGGEST signal you can get. YOU WILL here this cant happen because of A or B but at the end of the day ANYTHING can happen. IF we do what we did in 2017/2018 50,000% we could get up to $300 ish. If we do 10% of what we did in 2017/2018 we'll see 30 ish.
🔥XRP STILL CONSOLIDATING BUT PUSHING🔥🔥 Quick 2 to 3 minute read today, thanks for reading in ladies and gentlemen!
🔥 Just gonna keep it pretty visual today, judging from the current 5 minute chart we're still consolidating within our overall channel between 0.70 and 0.79-80 looking for the next major pivot/move and here's the chart for that.
🔥 Good to see XRP still pushing and even forming a higher high on the smaller timeframe to hit that 0.77 before retracing as it has so far. What'll matter is if we slip back below to form a double top by which then we'll need some good support to keep from losing that 200 EMA again. With this consolidation though still ongoing wouldn't be surprised to see us lose that 200 again once or twice more like we already have this week following the rally.
🔥 Below is a simple chart with some arrows just showing things very simply as they are, slip below one line we fall and above another we likely breakout and form a leg up. I said today's idea would be a 2-3 minute read and that's exactly so, especially since we're still just trending with the waves basically, nothing crazy today. Target is to break 0.77 but if we can't we'll watch 0.71 for support and so on with the horizontal levels.
🔥 With that all said, I appreciate you taking the time to read this idea, even for those of you who may not care to leave a like or follow, I still appreciate you taking the time to read this and share some time with me. And all the more thanks to those of you that do continue to like my ideas and follow, really means a lot, thank you and all the best till next.
~ Rock '
Bullrun?27th of July is the date of the FED interest rate decision announcement. It happens to align with a significant retest to the upside. Short-term price movement will be impacted by the outcome of the decision, whereas the long-term direction shouldn't change.
--> Current Interest Rates: 5.25%
--> Expected Interest Rates: 5.5%
Short-term price movements:
Actual < 5.5% = Pump
Actual > 5.5% = Dump*
* As cryptocurrencies are progressively less associated with equities, the dump scenario may be questioned.
Long-term price movements:
based on available information
- I believe the bullish scenario is most likely (green line)
- In an unlikely scenario we can have uncertainty (orange line; may play out completely different in reality)
- We may see a sharp dump, which will be the continuation of the current bear cycle (red line)
I hope you took away something useful. Feel free to share your opinion :)
XRP Not Yet- So first at all, i want to say i really have respect for Ripple Community because after all fuds, this community was brave enough and patient to support Ripple, if i was Ripple CEO, i would discern an " Hodling Oscar " or make a "Free Airdrop".
- Right now some of the news are talking about Ripple could win against SEC.
- Be carefull, you already experienced in the past, that often it's like " Buy the rumor, Sell the News ", you had the live proof with ETH 2.0 Merge.
- the real problem with XRP is last ATH is lower, in 2018 XRP pushed to 3.30$ish, in 2021 XRP ATH was only 2$.
- i really post this as trader, and i hodl some XRP (and XLM), because "Why not?".
- Diversify is the best way to be in at the good time.
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- Okay lets back to pure trading strategy :
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- Right now there's nothing to buy, absolutely nothing.
- XRP have to break 0.6$ ( EMA100 ) and breakout the downtrend, so i recommend a buy around 0.7$ to be safu.
- if XRP fall down again i suggest to wait and rebuy around 0.3$-0.25$
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- TP1 : 1.29 ish
- TP2 : 1.95 ish
- TP3 : 2.95 ish
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- i will post some olders XRP analysis in comments.
- As always Stay S4fe.
Happy Tr4Ding !
✏️ $GOLD : Bullish or Bearish ? (READ THE CAPTION)By re-analyzing gold in the 2hour and 30min time frames, we see that today price attacked the liquidity pool below $1951, and By collecting the desired liquidity, it is continuing to grow again and is currently trading in the range of $1953 with a growth of 30 pips! We have to see if the price can maintain itself above this level and go for higher targets or not! Currently, the possibility of falling to fill the liquidity void is still high from $1933 to $1950! We have to wait for a new HIGH or LOW to be recorded in the London session and then follow the trend with the start of the New York session!
The Main Analysis :
Don't Forghet To Push The Boost (Like) Button and Follow Me for more !
Best Regards , Arman Shaban
☀️ XRP WILL IT FALL OR RISE? ☀️☀️ Hope everyone's doing alright today and again thanks for tuning in ladies and gentlemen, this won't take long. We've got XRP consolidating betweek 0.70 and 0.80 looking for it's next move alongside what'll happen with that 200 EMA as traders tip toe around precariously figuring out what play could be in next. Below is that chart displaying our channel.
☀️ For our micro outlook here's the next chart on the 5 minute timeframe display that pullback we got at 0.71 just barely avoiding retesting that 0.70 level. I've also added a micro horizontal level at 0.76 as we got that rejection there attempting to break out and above.
☀️ Target is to break 0.76 and avoid losing that support below 0.71 else we risk falling further and losing some of the week's gains. We've already lost the 200 EMA on the 5 minute and I'd love to see us reclaim that but as it is stuff looks a bit dim like we may be forming a death cross.
☀️ For those that don't know a death cross is basically just when a chart starts showing weakness and slips below a short term moving average which in this case is the 15 minute 200 EMA. So you slip below the 200 EMA and it usually signals a fall in price action which is usually pretty dramatic. For example we lose the 5 minute 200 EMA and we'll slip a bit, but once you lose the 15 minute or hourly EMA the slip extends further and you even get a mountain fall in some cases being those dramatic plunges so why we always pay mind to that 200 and the golden, death crosses.
☀️ For now I would pay mind to the channel's I've added as XRP has been consolidating within them searching for the next move. Below is the chart with arrows added to be simple, we slip below we fall and above we breakout and could possibly form another leg up which would be great.
☀️ Don't want to write up too much, just want to keep things concise but that's the main stuff to keep an eye on for today and the coming days. If you've made it this far I give my thanks and gratitude as always, really means a lot and feel free to leave a like or follow, never hurts. Till next, all the best.
~ Rock '
XRP: Bullish PennantRipple (XRP) technical analysis:
Trade setup : Price is in a clear uptrend. Price is consolidating in a Bullish Pennant pattern. We wait for a breakout. Bullish breakout could see price revisit $0.92 resistance while bearish breakout could be followed by a dip to $0.55 support. Previously, following a breakout from a Descending Triangle, price spiked up massively to $0.92 resistance on favorable legal ruling. This level acted as resistance way back in early 2022. However, it got very overbought (RSI > 80) and saw selling pressures from some profit taking.
Pattern : Bullish Pennant – forms typically following a sharp advance, followed by a brief triangular shaped consolidation in price (a small change in direction), before the previous uptrend (bullish) typically resumes. The period of consolidation should have lower volume and the breakouts should occur on higher volume.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.55 (previous resistance), then $0.45. The nearest Resistance Zone is $0.92.
XRP, completed Z Z?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
CRYPTOCAP:XRP Update
Levels hitting.
Potential triangle in there.
Cant have a triangle as a W2.
So could lean ZZ.
Quickest resolution is a hold of a
.7318 and blast up, or some sideways possible.
Still short.
.7318 and 0.7836 are the levels to watch.
Cheers!