TONUSDT 1H in Sideways MovementTONUSDT continues to trade sideways on the daily timeframe, with the price consolidating between 6.00 and 7.00, indicating an accumulation phase. On the weekly timeframe, the price remains within the range set by the previous week. Notably, the price has broken above and closed above the 6.00 level, a historically strong support. Given these factors, it seems likely that the market will continue to consolidate within this range until August. The target is the resistance zone around 7.660
Ripple
XRP Final CountdownHere I have posted a photo of XRP back in 2018 before take off.
On the bigger chart I have copied ghost candles in (RED) from Aug 2018 until December take off.
The green box in the photo above the chart is the area we are at. The green box on the actual chart shows the exact same time frame from 2018.
We know you can’t time the market but we can learn from the history of the market and what it may do.
As we can see in 2018 it broke the trend line once and traced back down, shot up again
(This time I imagine up to $0.73-$0.85 per XRP then immediately will get sold off with people taking profit.)
From there I imagine we have the blood in the water bull trap, and a touch below the support lever with major support possibly lower than $0.35 even down to $0.28 and then we’re off to the races and running with the bulls. Christmas time seems to be when crypto likes to take off.
And for 7 years we’ve been waiting for XRP to finish its lawsuits and the whales getting more rich than ever before… this is just my TA on XRP not financial advice, I hope this gives a accurate representation.
Obviously very bullish on this coin but only after liquidity grabs happen on both ends.
Good luck, and have fun with it!
Ripple (XRP): brief price analysisXRP broke above the immediate resistance of $0.58 on Aug. 19, clearing the path for a rally to $0.64.
The 20-day EMA ($0.57) has started to turn up gradually, and the RSI is in the positive territory, indicating that the bulls have a slight edge. If bulls overcome the $0.64 resistance, the XRP/USDT pair is likely to pick up momentum and rally toward $0.74. The bears are expected to fiercely defend the level.
The 50-day SMA is the crucial support to watch out for in the near term. A break below it suggests that the pair may remain stuck inside the $0.46 to $0.64 range for a few more days.
XRP QUICK FOLLOWUP! ⚡ Hey hey, hope everyone's doing well today, simply wanted to make a quick follow up from our last idea is all and this won't take too long, thanks for coming by!
⚡ In our previous idea we spoke on XRP's jump and how we'd gotten that golden cross and regained the 200 EMA. So far that's still the case and thankfully we've managed to avoid losing, crossing over our 200 EMA and our 20,50 EMA's have been pretty good so far as well even avoiding a convergence when we nearly fell below 0.59 cents.
⚡ That being said we can identify this support above the dotted line which is annotated with that support above 0.58. Would recommend setting an alert there in case we do fall and lose that support be which our next point of interest for support could possibly be 0.575 or 0.56 even if it comes down to that.
⚡ Can see how we're still fighting to break 0.61 but it was nice to see us form a higher high after falling from our first peak at 0.604 so that's been positive to see. Main thing I'll be keeping an eye on is our 20, 50 EMA's and whether or not we can form a higher high and close above 0.61 for the day or if we'll miss the mark and enter a bearish position.
⚡ Main thing is that we keep above that dotted line of support in at the very least, off past price action we can see that 0.58 and above has acted as a good support already so that should be a good reference point and we're gonna aim to hit 0.61 again and close above it if possible by which we'll continue to be bullish as long as our 20, 50 EMA's can avoid converging.
⚡ I'll end the idea here since I did say it was going to be short but keep an eye on the 20,50 EMA's and that 200 EMA if we do end up retracing and crossing over that as well. I'll keep you all posted as usual so make sure to keep posted for more as always and thanks vm for the continued support. Wishing all well and many blessings!
~ Rock '
2 to 5 Risk vs. Reward XRP "ALL OR NOTHING" CUP & HANDLE TRADEXRP has formed a textbook cup-and-handle pattern on the hourly chart. It's currently working on forming the handle. I've placed what is known as a 'suicide' trade, meaning that if it fails, you lose everything you risked, but if it succeeds, you can make a fantastic profit.
I would generally never make a trade like this, as they are too risky. However, with the cup-and-handle formation identified, these moves tend to be a bit more predictable. Since I’ve gained over $1,700 in the past three trading days, I’m willing to take a little risk here.
Don’t follow my trades; come up with your own ideas. Don’t be a follower—be a trailblazer!
Good luck!
XRP: Sell stop 1. Key Zones (Support and Resistance)
- Resistance Zone: At the top of the chart, a zone around 0.6088 is marked as a strong resistance level. This level shows where the market previously attempted to break through but failed.
- Middle Zone: This area around 0.5796 acts as a key support and resistance level. It can be a critical zone for market decisions.
- Support Zone: At the bottom of the chart, a support level is marked around 0.5525, which may prevent the price from falling further.
2. Trade Entry Signal
- Red Zones (Supply Block): In this chart, a red area represents a short-term supply and resistance zone. Entering a short trade is reasonable if the price fails to break this zone and moves downward.
- Entry Point: 📉 The entry for the trade is suggested at 0.5917, which aligns with the supply and resistance block, making it a suitable point for initiating a short position.
- Stop Loss: 🚨 The stop loss is set at 0.5974, indicating that if the price reaches this level, the trade would be invalidated, and the trader should exit.
- TP1, TP2, TP3 (Target Prices):
- TP1 is set at 0.5844, which is the first target for taking profit from the short trade.
- TP2 is set at 0.5764, marking the second target.
- TP3 is set at 0.5680, which is the final target for closing the short position.
3. Confirmation or Invalidation of Analysis
- If the price moves upward and breaks the red resistance zone, reaching above 0.5974, the short trade setup would be invalidated, and traders should reconsider their strategy.
Conclusion:
Based on this chart, there is a clear signal for entering a short trade with an entry at 0.5917 📉 and a stop loss at 0.5974 🚨. If the price moves downward, the identified target prices (TP1, TP2, TP3) provide potential exit points for taking profits.
Cup & Handle formation on the XRP Hourly Chart.There is a perfect cup-and-handle formation developing on the XRP hourly chart. This not only makes it easier to identify some promising trade setups but also suggests that XRP might be poised for a significant upward move.
Good luck, and always use a stop loss!
Small 1 to 2 Risk vs. Reward XRP SHORT TRADE $500 at 25XThis is a risky time to enter this trade, but I'm going to take a small short position against XRP in an attempt to capture a potential correction to the bottom of the forming wedge pattern as the bull flag is forming. I'm not going to risk much; it’s more of a hunch. Overall, I'm very bullish on XRP right now, but as a trader, I can't help but try to capture this potential red candle.
Don’t follow my trades; come up with your own ideas. Don’t be a follower—be a trailblazer!
Good luck!
Buy on best zoneAnalysis by: EZ7strategy 🎖
📊In these patterns in the chart, the long-term trendline, which we are waiting for a failure to climb, and next to it, the buying areas that have places to be touched at any moment, which is consistent with the end of the second leg of the second move.
🎯Please exit according to the targets and stop loss must be placed.
Primary entry: 0.439 ___ Secondary entry: 0.385
Stop loss: 0351
Targets: 0.491 - 0.579 - 0.671 - 0.802
XRPUSDT potentially good moment to reenter on the correctionXRPUSD has recently seen an upward impulse move but is now pulling back after encountering resistance. The price has retraced roughly one-third of the previous bullish advance, indicating some selling pressure, yet the overall trend remains intact within an ascending channel. A complex pullback has formed near the resistance zone. The breakout and close above the critical 0.500 level signal growing momentum in the market. This could suggest a potential accumulation phase, as buyers might be waiting for a more attractive entry point. The psychological level of 0.500 is expected to offer strong support. If this level holds, it could provide an opportunity for buyers to re-enter the market, potentially triggering another upward leg. The outlook remains cautiously optimistic, as long as the price stays above this crucial support. The target is the resistance zone around 0.6160
XRP Major Breakout: Is Next Price Target Will $1.22?Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before making any investment decisions.
The cryptocurrency market has been characterized by volatility and uncertainty, but one digital asset is currently turning heads: XRP. Technical analysts are buzzing about a potential game-changing breakout as the altcoin displays a classic bullish Symmetrical Triangle pattern on its weekly chart.
The Symmetrical Triangle Pattern
A Symmetrical Triangle is a chart pattern formed by converging trend lines connecting a series of lower highs and higher lows. This pattern often indicates a period of consolidation before a significant price move. The direction of the breakout, upwards or downwards, determines the subsequent price action.
In the case of XRP, the Symmetrical Triangle has been forming for an extended period, suggesting a substantial amount of energy building up within the pattern. If the price breaks out to the upside, it could signal a powerful bullish move.
The Bullish Case for XRP
Several factors contribute to the bullish sentiment surrounding XRP. Firstly, the ongoing legal battle between Ripple and the Securities and Exchange Commission (SEC) has been a major catalyst for price volatility. While the case is still ongoing, recent developments have injected a sense of optimism into the XRP community.
Secondly, XRP's underlying technology, RippleNet, continues to gain traction in the global payments industry. As more financial institutions adopt Ripple's solutions, the demand for XRP as a bridge currency could increase, potentially driving up its price.
The Potential Price Target: A Jaw-Dropping Figure
Based on the Symmetrical Triangle pattern and historical price movements, some analysts are predicting a mind-boggling price target for XRP: $1.22. Achieving this level would represent a significant increase from current prices and would undoubtedly shock the market.
It's important to note that price targets are estimates based on technical analysis and should not be taken as guaranteed predictions. The cryptocurrency market is highly volatile, and numerous factors can influence price movement.
Conclusion
XRP's bullish Symmetrical Triangle pattern has captured the attention of traders and investors alike. If the breakout occurs as anticipated, it could trigger a substantial rally in the price of XRP. However, it's crucial to approach this potential move with caution and conduct thorough research before making any investment decisions.
The cryptocurrency market is constantly evolving, and new developments can emerge at any time. Stay informed, manage your risk, and consider consulting with a financial advisor to create a personalized investment strategy.
XRP Jumps! Ready for movement? 🔥 HI HI, hope everyone's doing alright today, this idea won't take too long so feel free to tune in for a short bit, thanks as always!
🔥 Before we speak quickly on XRP we'll look towards Bitcoin, Bitcoin's still in a bearish position being below it's 20,50 and 200 day EMA as displayed with our chart below:
🔥 Bitcoin would need a daily close above $58-59,000 to affirm an uptrend, we keep on failing to maintain any real uptrend so far, not to mention we keep losing our 200 EMA and until Bitcoin can start flashing bullish signals traders undoubtedly will keep shorting BTC understandably so that's something to take note of.
🔥 That being said XRP's taken a different route and we're not seeing much of a correlation between the two, especially after our recent news of the UAE's adoption of Ripple which has since formed a stark difference between BTC and XRP's charts.
🔥 Now let's get to the highlight of the idea here, I've got our hourly chart below depicting XRP's price action since August and we can pull a couple things from it though the main thing here is where we get hit with resistance. The horizontals are the same as ever and it's clear that we face resistance at 0.624 and 0.64 as we can see below:
🔥 That's something we should keep in mind since we'll face a fight there should we come back u to those horizontal levels soon so make sure to mark those for future reference. That being said XRP's looking positive, we've got this golden cross and we may just be headed for a comeback if we can sustain above 0.58 cents and avoid losing that 200 EMA though as usual we'll have to see if bulls can sustain price action up here.
🔥 I said this idea would be short and we'll leave it at that for now but definitely set some alerts and keep an eye on that 200 EMA as well as the lower EMA's. I'll keep you guys posted but I've gotta run, thanks for joining me for a bit, appreciate it!
~ Rock '
2 to 1 Risk vs Reward XRP attempted recover trade. $1,000 @ 30X.I got caught slippin' on that last trade by the big red candle of death, and had a small loss. This is why I reduced the size of the 2nd trade, just in case this happened. In an attempt to recover, I placed a market order at what I hope is the bottom.
We'll see how this trade goes.
2 to 1 Risk vs. Reward, XRP TRADE SETUP AT 30X LEVERAGE ON $500.My last trade went perfectly according to plan. I'm going to attempt a secondary trade based on the same premise, but this time, I will try to capture the retest of the .583 level. To reduce my risk, since the first trade was a success, I've reduced the dollar amount in the trade by 50% to avoid giving back too much of the profit from the previous trade, assuming I'm wrong on this one. I have also reduced the risk-to-reward ratio by 20% on the reward size to make the trade a little easier to achieve.
Limiting losses is key to successful trading.
Don't follow my trades; come up with your own ideas. Don't be a follower—be a trailblazer!
Good luck!
XRP 1 day ChartHave a look at the trend lines that I have placed on the chart. This could be a potential bottom.
At some point in time I feel that Xrp will be relisted, allowing the free market to decide what the true price of Xrp will be. Institution(s) will be rushing in to pump the price to make money. Xrp is in the top ten and has not had a price pump unlike every other coin in the top 10. Take a chance and buy what you can afford and hold. Even a week's worth of coffee money could make a difference in your life, more than what you would have gotten from the coffee.
I have no targets in mind other then it should make a new or close to all time high.
P.S. why would ripple go to the expense of a trial, persevere for years and won their trial!...If and
only if there is something bigger for them in the future? Along with the fine that Ripple is ordered to pay which is the amount that Xrp would have on the balance sheet for a week. Also saying that"Ripple" has no problem paying the B.S. fine!
2.5 to 1 Risk vs. Reward, XRP TRADE SETUP. XRP is looking ripe for a nice bounce here. Now that the price is resting on top of the upper trend line, it's looks like a great opportunity to put on a small trade. I really like this setup here, especially going into Sunday, as I think a lot of people are looking to add to their XRP positions at these levels before it hits the .60 cent level again.
I may be a little early on this trade, but with the risk vs. reward, I think it's worth a shot.
Don't follow my trades, come up with your own ideas. Don't be a follower, be a trailblazer!
XRP's Victory and the Path to $1: What’s Next for the Ripple?In a significant turn of events for the cryptocurrency world, Ripple has emerged victorious in its legal battle against the U.S. Securities and Exchange Commission (SEC), sparking a surge of optimism and speculation surrounding the CRYPTOCAP:XRP token. The court ruling, delivered on August 7, affirmed that Ripple’s sales of XRP to retail investors do not violate federal securities laws, providing a much-needed boost to both the token’s price and its future prospects.
Ripple’s Legal Triumph: A Game Changer for XRP
The recent legal win has been a game changer for $XRP. Following the court’s decision, the price of XRP saw a remarkable increase of over 30%, reaching levels not seen since April. This legal victory has not only revived confidence in CRYPTOCAP:XRP but also set the stage for a potential bullish rally. Market sentiment is currently bullish, with analysts closely watching the retracement pivot at $0.70 to validate XRP's bullish trajectory toward $1.
Binance US Spotlight: Unveiling XRP’s Potential
Adding to the positive momentum, Binance US has provided crucial insights into XRP’s technology and scalability. The exchange highlighted that XRP, created in 2012 by David Schwartz, Jed McCaleb, and Arthur Britto, operates on the XRP Ledger Consensus Protocol. This protocol, distinct from Bitcoin’s proof-of-work system, enables XRP to handle up to 1,500 transactions per second, showcasing its efficiency and scalability.
These revelations have intensified interest in XRP, particularly following Ripple’s legal success. The update underscores the cryptocurrency’s potential and fuels speculation about an XRP Exchange-Traded Fund (ETF), which could further enhance its market presence.
Market Reactions and Speculation
The market reaction to Ripple’s legal victory has been swift. XRP’s price increase post-ruling is accompanied by a noticeable decline in supply on exchanges, indicating that investors are holding onto their assets in anticipation of further gains. Retail accumulation is on the rise, especially among smaller holders, while larger investors have adjusted their positions.
Speculation about an XRP ETF has gained traction in light of recent developments. The announcement of XRP/USD futures contracts by Bitnomial Exchange has further fueled discussions. These contracts, which are physically settled and margin-based, reflect the value of 100,000 XRP units, signaling a step toward increased market accessibility and liquidity.
The Road Ahead:
As XRP navigates through this transformative period, all eyes are set on the retracement pivot at $0.70. This level is crucial for validating the token’s bullish momentum. If CRYPTOCAP:XRP maintains its position above this pivot, it could solidify the path toward $1, marking a significant milestone in its journey.
In summary, Ripple’s court victory has revitalized XRP’s market outlook, setting the stage for potential bullish movements. With increasing interest, technological advancements, and speculative excitement around an XRP ETF, the cryptocurrency is poised for an exciting phase. Investors and analysts will be keenly watching the retracement pivot at $0.70 as CRYPTOCAP:XRP strives toward its next target of $1.
GTAI/USDT : Another Bullrun Ahead ? (READ THE CAPTION)By analyzing the #GTProtocol chart on the 4-hour timeframe, we observe that, as expected from our previous analysis, this cryptocurrency has grown by 13% to reach $0.5620! Now, after a correction that brought GT Protocol down to the $0.48 level, we see support at this range. If the price can stabilize above the support zone of $0.45 to $0.48, we can anticipate further growth from this cryptocurrency! The expected short-term return is 9%, and the mid-term return is 45%.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
XRP: SEC vs Ripple Case Closed -(Don't Get Your Hopes Up Though)The 4 Year war is over for the worlds most hated altcoin.
Judge Analysa Torres has ordered Ripple to pay $125 million in civil penalties and cease any further violations of securities laws, concluding the outstretched legal case against Ripple. This penalty is favorable for Ripple, given that the SEC had originally claimed a $2 billion fine.
Considering the XRP army is still fairly strong thanks to paid youtubers and Twitter/X shillers, I'm expecting a short term volatility and wicky price action similar to what happened the previous time Ripple announced an SEC victory.
Noteworthy that XRP has ALREADY gone through a pre-emptive pump, increasing nearly 50% BEFORE the official announcement, likely due to insider trading as is typical with these kinds of things.
The previous 24-hours saw a trading volume of around $1.68 billion, indicating that whales are moving and the biggest action is likely already over. The market capitalization of the altcoin is currently $29.5 billion, which is ridiculous considering there is no actual usecase for the alt after 12 years.
To be completely objective - this COULD change, IF Ripple could come up with an actual usecase for XRP that somehow burns the enormous supply . Unfortunately, up until this point, it has been used by the board members as a liquidity pool to fund their actual company (Ripple). I don't think it would be wise to trust them considering they have shown their true colors and misused the once promising coin as well as the community.
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BINANCE:XRPUSD CRYPTOCAP:XRP
XRP (Crypto Ripple-USD) SELL TF H1 TP = 0.5496On the H1 chart the trend started on Aug. 08 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 0.5496
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelievelnTrading
Dogecoin Weekly Analysis: Another Bull Move Ahead (READ CAPTION)By examining the #Dogecoin chart in the weekly timeframe (logarithmic), we observe that after dropping to $0.080 last week, the price saw heavy demand and increased by 30%, reaching $0.105. Currently, Dogecoin is trading above 10 cents, and we need to see if the price will successfully stabilize above 10 cents in the coming week. The mid-term price targets are $0.14, $0.1660, and $0.23. The expected return in the mid-term is over 100%.
Bitcoin Weekly Analysis: Bull or Bear ? (Read the Caption)By examining the #Bitcoin chart in the weekly timeframe, we observe that in the past week, the price dropped to $49,000 and then encountered buying pressure, rising up to $63,000. Currently, Bitcoin is trading around $59,750, and we need to see if the weekly candle will close below $60K or above $60K in the next 4 hours. The price might even rise to $63,400 in the coming week, after which it could undergo another correction. This analysis will be updated next week.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
XRP ReboundsXRP has been impacted by the recent market downturn. The price of XRP is currently at $0.4884, having found support after a significant drop. This movement reflects broader trends in the cryptocurrency market, which has been affected by various macroeconomic and regulatory factors.
Key Factors Influencing the Market Crash
Macroeconomic Concerns:
Interest Rates and Economic Slowdown: Investor fears over a potential slowdown in the U.S. economy and emergency rate cuts by the Federal Reserve have triggered a broader sell-off in risk assets, including cryptocurrencies.
Regulatory Uncertainties:
Delay in ETF Listings: The U.S. Securities and Exchange Commission's delay in approving spot Ethereum ETFs has created uncertainty and negatively affected market sentiment, leading to increased selling pressure.
Global Market Trends:
Strength of the U.S. Dollar: The recent strength of the U.S. dollar, bolstered by the European Central Bank's rate cuts, has added pressure to the cryptocurrency market as a strong dollar typically results in weaker performance for risk-on assets.
The MACD is bearish, indicating downward momentum with the histogram at -0.0054 and MACD line at -0.0299.
The RSI is at 34.32, suggesting that XRP is nearing oversold conditions, which could indicate a potential for a rebound.
With %K at 39.52 and %D at 30.30, the Stochastic Oscillator shows that XRP is in oversold territory, signaling a possible short-term recovery.
Conclusion and Market Outlook
XRP has experienced significant downward pressure but has found support at $0.4596. The technical indicators suggest a cautious outlook with potential stabilization at current levels. Monitoring the resistance levels at $0.5330 and the dynamic support at $0.3823 will be crucial for determining the next directional move.