Ripple
XRP Weekly Breaking Through Lines I’ve Had Drawn For Years Recent price action has sent the weekly candle above this multi year triangle I have drawn on the chart here. I have left this wedge formation untouched for years. It has been interesting to see it following so well. With every day the sentiment towards seamless transactions and secured digital money are more of a reality. All while fiat is silently hyper-inflating.
I am bullish and long especially if the weekly candle closed above the line of resistance. I will re-evaulate upon the weekly close and following weeks.
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.
Ripple (XRP): brief price analysisXRP has been stuck between $0.57 and $0.64 for the past few days, indicating a balance between supply and demand.
The upsloping 20-day EMA ($0.57) and the RSI near 63 suggest that the bulls have the edge. The XRP/USDT pair could rise to $0.64, which is an important level to watch out for. If buyers clear this hurdle, the pair may pick up momentum and surge to $0.74.
Contrary to this assumption, if the price turns down and breaks below the 20-day EMA, it will signal that the bears have seized control. That may start a slide to the 50-day SMA ($0.51).
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: Outperforming Bitcoin and EthereumThe cryptocurrency market is a volatile landscape, marked by sudden shifts in investor sentiment and regulatory uncertainty. Amidst this turbulence, XRP has emerged as a standout performer, outpacing both Bitcoin and Ethereum. This exceptional performance can be attributed to several key factors, including its unique value proposition, technological advancements, and the evolving regulatory landscape.
Unlike Bitcoin, which primarily functions as a digital store of value, XRP is designed to facilitate fast, low-cost, and global payments. This focus on utility has made it particularly attractive to financial institutions and remittance services seeking to streamline cross-border transactions. Additionally, XRP's consensus mechanism, which is significantly faster and more energy-efficient than Bitcoin's proof-of-work, provides a compelling advantage.
While offering smart contract functionality, Ethereum has faced scalability challenges that have impacted transaction speeds and costs. XRP, on the other hand, has been engineered to handle high transaction volumes efficiently. This superior scalability makes it a more viable option for real-world applications, such as payments and remittances.
A crucial factor driving XRP's recent outperformance is the improving fundamental backdrop. The long-standing legal battle between Ripple and the SEC has cast a shadow over the cryptocurrency. However, with Ripple CEO Brad Garlinghouse expressing optimism about a resolution in the near future, investor confidence in XRP has been bolstered. A favorable outcome in the lawsuit could potentially unlock significant institutional investment and propel XRP to new heights.
Furthermore, XRP's growing ecosystem of partnerships and integrations is solidifying its position as a leading player in the global payments landscape. By collaborating with financial institutions and payment providers, XRP is expanding its reach and demonstrating its practical utility. This expanding network effect is likely to attract more users and investors, further driving price appreciation.
While XRP's performance has been impressive, it is essential to approach any investment with caution. The cryptocurrency market remains highly volatile, and regulatory risks persist. However, the confluence of XRP's unique value proposition, technological advantages, and improving fundamentals positions it favorably for continued outperformance in the long term. As the broader cryptocurrency market matures and institutional adoption accelerates, XRP's focus on utility and scalability could give it a significant competitive edge.
Ultimately, the decision to invest in XRP should be based on thorough research, risk tolerance, and a long-term investment horizon. By carefully considering these factors and staying informed about market developments, investors can make informed decisions about whether XRP aligns with their investment goals.
Why is XRP ranging? I was expecting this range and i told you in my previous idea. But why? XRP is a news coin, that pump and dump following the news about the legal case. There are lot of rumors now about a settlement. The actual price is a range zone, where we have volumes and liquidity. That's why i was expecting a range here. Probably, here orders are accumulating and retails will short, while whales will manipulate the price once again before pumping the price. I expect a legal resolution this year, and a new ATH
BTW, it's always me, ex CFG, just decided that a rebrand was needed
GTAI/USDT : Keep an eye on this Demand Zone (READ THE CAPTION)Alright, let's dive into another analysis of #GTProtocol ! As you can see, the price moved exactly as expected. It started to rise from the demand zone I had identified and achieved a solid 25% growth, hitting the target at $0.91 where the liquidity pool was located. This was followed by a price correction. Over the past two weeks, this analysis has yielded a total return of over 65%! Now, the price has returned to the demand zone between $0.63 and $0.67. If it stabilizes above this crucial level, we can anticipate another upward move. The expected short-term return is 40%, and in the medium term, it could exceed 70%!
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 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 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.
Is Ripple (XRP) back to bullish cycle? – price analysisThe bears pulled XRP below the breakout level of $0.57, but they could not sustain the lower levels. This suggests aggressive buying on dips.
The bulls will try to push the price above $0.64, setting the stage for a move to $0.67 and later $0.74. Sellers are expected to defend the $0.74 level with all their might. If the XRP/USDT pair turns down from $0.74, it will signal that the range-bound action may continue for a few more days.
The $0.57 to $0.54 zone is expected to act as a strong support on declines. A break below the zone will tilt the advantage in favor of the bears.
XRP Might Undergo a Big Move as Technical Flash BullishBINANCE:XRPUSDT has shown a series of upward movements in recent sessions, reflecting a bullish sentiment in the market. Recent closing prices have displayed a steady climb from $0.5946 to $0.6123, suggesting an overall upward trend. The 9 EMA (Exponential Moving Average) has crossed above the 20 EMA, further signaling a bullish trend. This crossover is a key indicator that the short-term momentum is in favor of the bulls, potentially attracting more buying interest.
Meanwhile, the MACD (Moving Average Convergence Divergence) indicator also supports the bullish outlook. The MACD line has consistently stayed above the signal line, with a positive histogram indicating increasing momentum. Rising MACD values also suggest that the bullish momentum is gaining strength, and the crypto could see further upward movements if this trend continues. However, traders should be cautious as the histogram values are showing signs of slight divergence, which might indicate a possible slowdown in the momentum.
The RSI (Relative Strength Index) is currently in the range of 64 to 65, which is below the overbought threshold of 70. This indicates that while the asset is experiencing bullish momentum, it has not yet entered the overbought territory, leaving room for further upward movement before a potential pullback.
The next key resistance level to monitor is $0.626. A break above this level could pave the way for further gains, potentially attracting more buyers into the market. On the downside, immediate support is seen at $0.5822. A drop below this level could indicate a reversal of the current trend, leading to a test of lower support levels at $0.5494 and $0.528.
For traders looking to enter long positions, a break and close above the $0.626 resistance level could be a good entry point, with a potential target towards $0.65 and higher. On the other hand, if the price fails to break above this level and starts to show signs of weakness, short traders might consider entering around $0.626 with a stop loss slightly above this level to manage risk.
For those looking at short positions, a break below the $0.5822 support level could provide an entry opportunity, targeting the lower support levels of $0.5494 and $0.528. It's essential to keep a tight stop loss just above the entry point to protect against potential false breakouts.
Overall, the technical indicators for the XRP price on the 4-hour chart are currently bullish, suggesting potential upward movement. However, traders should remain cautious and closely monitor the key support and resistance levels to manage their trades effectively.
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.
BTC Weekly Chart: Targeting $67,600 After Bullish Surge (READ)By examining the Bitcoin chart on the weekly (logarithmic) timeframe, we observe that the price recently surged to $66,000. Currently, BTC is trading around $64,000. I still expect further growth from Bitcoin, with the next target being $67,600. Additionally, we should monitor the price reaction to the $67,600 to $72,000 zone. This analysis will be updated accordingly.
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
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 '
XRP buy setupDue to its bearish structure, it is expected that the price will be rejected to a strong support range and the liquidity pools at the bottom of the chart will be swept away.
On the green range, we can look for buy/long positions.
Closing a daily candle below the green range will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You