XRP Poised for Further Spike: Could $2 be Next?XRP, the cryptocurrency token associated with Ripple, has been enjoying a remarkable rally lately, with its value increasing by over 9% in the past 24 hours alone, breaching the $0.64 threshold. This is a significant milestone for the token, as it marks the first time since December 2023 that XRP has reached this level. The token's recent surge in value is largely attributed to the Bitcoin-led crypto market frenzy, which has benefited several other cryptocurrencies as well.
The rally has caught the attention of market analysts, who have released bullish forecasts for XRP, predicting that the token could reach $2 in the near future. This optimism is fueled by the token's recent performance and various technical indicators that suggest the asset's upward trajectory is set to continue.
One market watcher, Dark Defender, has set his sights on the $0.6462 mark, which he believes is the next target for XRP. With this target now largely materialized, the analyst predicts that the token could reach $1 in the short term. Beyond that, enthusiasts can expect XRP to rally further to $1.88, once it regains the $1 mark.
Overall, XRP's recent gains have been impressive, and the token's positive momentum is expected to continue as the alt season heats up.
Ripple
RIPPLE - Price can bounce up from support area to $0.6600Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
Recently price entered to rising channel, where it at once declined to support line and then continued to rise.
Price reached $0.5400 level, which coincided with support area, and in a short time broke it, after which rose to resistance line.
Then Ripple some time traded near $0.5400 level and later declined to support area, thereby exiting from channel.
After this, price reached support line in this area and soon made strong upward impulse to resistance line.
Also, XRP broke $0.6190 level, which coincided with support area, and recently broke resistance line too.
Now I think that Ripple can bounce from support area and rise to $0.6600
If this post is useful to you, you can support me with like/boost and advice in comments❤️
XRP Cup & Handle is playing out PERFECTLY!The XRP Cup & Handle formation that I identified a while back is progressing very nicely on the daily. It has now broken out of the handle formation, and will most likely be working toward the upper rim line at the .5744 level. Once broken, we can reasonably assume that XRP price will continue it's bullish move to the .6155 level, and the .6496 levels respectively.
Good luck, and always use a stop!
*** I apologize for the repetitive post. Tradingview has taken this chart down twice now.
RiskMastery's Breakout Stocks - XRP/USDT EditionWelcome to RiskMastery's Breakout Stocks - Stocks with breakout potential.
In this edition, we'll be looking at BINANCE:XRPUSDT ...
I believe this code is at a point of potential volatility.
If price can hold above $0.6295 ... Bullish potential may be unlocked.
My key upside targets include:
- $0.7042 (Conservative)
- $0.8059 (Medium)
- $1.0442 (Aggressive)
If however price falls below $0.5418 ... Bearish risk potential may be unlocked.
(My key risk targets - C, M,& A - are as noted on the chart)
Enjoy, and I look forward to being of further service into the future.
If you'd like to connect, feel free to reach out and comment below.
Mr RM | Risk Mastery
Disclaimer:
This post is intended for educational purposes only - Publicly available RiskMastery information & content is not intended to be financial advice in any shape or form. Please do your own research and seek advice from a licensed professional before acting on any of the information contained within this post. This post is not a solicitation or recommendation to buy, sell or hold any positions in any financial instrument. All demonstrated trades are merely incidental to the educational training RiskMastery aims to provide. You are solely responsible for your own investment and trading decisions, of which should be made only according to your own opinion, knowledge and experience. You should not rely on any of the information contained on this site or contained in any RiskMastery material on any website or platform. You assume the sole risk of any trade or investment you elect to make. RiskMastery and affiliates shall not be liable to you for any monetary losses or any other damages incurred directly or indirectly, from your use, reliance or reference of RiskMastery materials, content and educational information. Thank you for your understanding and cooperation - We look forward to working with you into the future to navigate the fine line of trading and investment success.
XRP/USDT Bullish Leap from Demand Zone? 🚀Ripple💎 Paradisers, get ready for an enticing trading prospect with #XRPUSDT, as it's positioned in a demand zone, hinting at an upcoming bullish shift.
💎 Observing #RIPPLE momentum, it's been riding an upward trend from the pivotal support at $0.5213. Currently, as the price edges closer to the resistance at $0.5405, breaking and holding above this barrier could signal a climb aimed at overcoming the overhead bearish Order Block.
💎 Should the #XRP wane, a bullish resurgence from the established support at $0.5179 might be in play, with a descent below this point potentially triggering a notable slide.
💎 ETH/USDT - What's the next Target of ETHEREUM? (READ CAPTION)By checking the Ethereum chart in the weekly time frame (logarithmic), we see that the price has grown by 120% ✅ since October 20, 2023 and is currently trading in the $3500 range! The historical ceiling (ATH) of Ethereum was $4875, which with the trend of this cryptocurrency, we will probably see the price return to this level ($4875) in the short term! In 5 consecutive weeks, Ethereum has managed to experience more than 55% growth and we have to see how far this trend will continue!
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
💎 ADA/USDT - What's the next Target of CARDANO ? (READ CAPTION)By checking the Cardano chart in the weekly (logarithmic) time frame, we see that the price after the correction up to 45 cents went up again and the overall efficiency of this analysis has reached more than 190% ✅! If the price breaks and stabilizes above 67 cents, we can expect the price to grow to higher levels, whose targets will be $0.82, $1.12, $1.42, $1.78, and $3, respectively!
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
Ripple (XRP) Enters Crucial Phase: Six-Year Bull PennantDeciphering Ripple (XRP): Navigating a 6-Year Bull Pennant Towards Potential Upsurge
In the realm of cryptocurrency, where price movements often resemble the ebbs and flows of the tide, Ripple (XRP) has emerged as a notable contender, navigating a six-year bull pennant formation that could herald significant price action in the near future. As the cryptocurrency community eagerly anticipates the resolution of this pattern, Ripple finds itself at a critical juncture, poised to overcome obstacles and potentially embark on a major bullish trajectory.
Unveiling Ripple: A Brief Overview
Ripple, launched in 2012, is more than just a digital currency; it's a blockchain-based payment protocol designed to facilitate fast, low-cost cross-border transactions. Unlike Bitcoin and Ethereum, which rely on proof-of-work consensus mechanisms, Ripple operates on a unique consensus algorithm known as the Ripple Protocol Consensus Algorithm (RPCA). This approach enables rapid transaction settlement, making Ripple an attractive option for financial institutions seeking to streamline their payment processes.
The Six-Year Bull Pennant: A Tale of Compression and Anticipation
For the past six years, Ripple's price has been compressing within a bull pennant formation—a pattern characterized by decreasing volatility and converging price action. This prolonged period of consolidation has fueled speculation and anticipation among traders and investors, with many eagerly awaiting a breakout that could signal the beginning of a major uptrend.
With the end of the pennant coinciding with the new year, there's a possibility that Ripple could experience a prolonged squeeze leading up to a significant move. The recent clearance of stage 1 resistance marks a promising development, suggesting that Ripple may be on the cusp of entering stage 2, where short-term breakouts and upward momentum become more prevalent.
Navigating Stage 2: Short-Term Breakouts and Price Momentum
As Ripple sets its sights on stage 2 of the bull pennant formation, traders are closely monitoring short-term resistance levels for signs of upward movement. The recent uptick in price suggests that Ripple may be gathering momentum, with the potential for further upside if key resistance levels are breached.
However, the journey towards stage 3—a critical milestone signaling a major bull run—remains fraught with obstacles and challenges. Chief among these is regulatory uncertainty, as Ripple continues to grapple with legal issues and regulatory scrutiny, particularly in the United States. The outcome of ongoing legal battles, including the Securities and Exchange Commission (SEC) lawsuit alleging that XRP is an unregistered security, could have significant implications for Ripple's future trajectory and market sentiment.
Conclusion: Navigating Uncertainty Towards Potential Upsurge
As Ripple navigates the complexities of the cryptocurrency landscape, traders and investors remain cautiously optimistic about its prospects. The convergence of technical indicators and market dynamics suggests that Ripple may be on the verge of a major breakout, with the potential for significant price appreciation in the coming months.
However, challenges remain, and the path forward is fraught with uncertainty. Regulatory hurdles, legal battles, and broader market conditions will all play a role in shaping Ripple's future trajectory.
In conclusion, Ripple's journey from compression within a six-year bull pennant to potential breakout is a testament to the resilience and innovation of the cryptocurrency space. As traders and investors eagerly await the resolution of this pattern, the eyes of the cryptocurrency community remain fixed on Ripple, with the hope that it will overcome obstacles and realize its full potential in the ever-evolving landscape of digital finance.
Yes, it pumps last but. . . XRPYou know, XRP is the last crypto that pumps and usually, it pumps when BTC is near the tops and want to drop. This time it will not be different, XRP will pump last and fast as always, with the only difference that this time i want (and you also) a new ATH and maybe, for the first time from the beginning of the legal case, it's possible. Actually it's approaching multi year trendline and it's trying to broke out from multi year resistance.
HelenP. I Ripple can rise a little more and then it start fallHi folks today I'm prepared for you Ripple analytics. A not long time ago price broke support 2, which coincided with the support zone, and started to trades inside consolidation, where in a short time later it reached support 1. After this, XRP made little correction, after which it tried to rise back to support 1, which coincided with one more support zone, but failed and declined more until to support 2. Price, after declining to this level, some time tried near, after which it turned around and made a strong impulse up to support 2, and soon broke it also. Then XRP rose a little higher, after which made a strong correction movement until to support 2, but soon the price turned around and rose back to this level. As well recently, the price rose higher than the support zone and now it continues to grow. For this reason, I expect that Ripple will rise to 0.6100 points, after which it can make a correction movement to the support zone. That's why I set my target at 0.5845 points, which is located in this zone. If you like my analytics you may support me with your like/comment ❤️
Can Ripple Join The Other Crypto Boomers?Looking at XRPUSD on our daily chart, we can see that Ripple is barely moving higher, despite the recent crypto-mania. Major cryptos such as Bitcoin and Ethereum have accelerated rapidly to the upside at the end of February. This is something that Ripple is struggling to achieve. Most likely the demand for this crypto has faded away due to the ongoing lawsuits, which the SEC has against this tech company.
That said, from the technical perspective, recently, the rate had popped above a medium-term downside resistance line drawn from the highest point of July 2023. At the time of writing, the crypto continues to balance above that trendline, however, in order to get comfortable with further advances, we would have to see XRPUSD remaining above that downside line.
If that happens, we will then aim for higher areas, such as the 0.6241 hurdle, marked by the high of January 11th. If that hurdle is not able to withstand the bulls, its break may clear the way to the 0.6582 obstacle, or even the psychological 0.7000 zone, marked by the highest point of December 2023.
Alternatively, a break of a short-term tentative upside support line taken from the low of January 31st, may attract more sellers into the game. XRP/USD could then travel to the 0.5182 hurdle, marked by the current lowest point of this week. If that hurdle doesn't stop the fall, the next possible target might be the current lowest point of this year, at 0.4815, or even the 0.46000 level.
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Just Some XLM - XRP - BTC Analysis...This video isn't about trading ideas, but rather about my current thoughts on these cryptocurrencies.
Right now, I'm leaning towards shorting XRP rather than XLM given the current setup. Bitcoin has experienced a significant rally, but I believe its potential is limited. We haven't fully emerged from the long-term correction that began in 2017 yet.
When that time comes, we can execute trades and witness substantial growth in our trading accounts.
For the moment, I anticipate a continuation of corrective patterns until we reach that pivotal moment where we'll be gearing up to invest heavily and start dreaming of that Lambo.
🔥 XRP'S WILD RUN UP AND BITCOIN'S HALVING 🔥🔥 Hi! Been a while and all but this month hasn't exactly been what I was expecting I'll admit. Been at work just about every single day this month and between that and being sick the past week I haven't been in the best state so big thanks to those of you that are here with me today. Means a lot and it feels good to be able to post again!
🔥 Gonna do my best to keep things short and simple here. It's been a pretty wild month overall with XRP's climb up to 0.57 in which we almost saw 0.58 before moving back down after getting two touches at the horizontal level which I've highlighted with that black line. One of the main reasons we had that drop and fall back down after the 20th would likely be thanks to an Elliot Impulse Wave pattern which showed up.
🔥 I spotted a possibly Elliot Wave pattern on the 21st however was unable to post since I had to run back to work but here's the chart for that below as reference:
🔥 Also yes, I know that in Elliot wave patterns it's the third leg that is suppose to be the longest. I may have misplaced or read the chart a bit wrong but the idea still stands, I was in a rush and I had to jot down what I could. And whether or not the chart was perfectly accurate or not doesn't matter. We did in fact get that reversal and fall down to 0.53 in the days after so the pattern proved true and accurate.
🔥 With that said and done, what we've experienced over the last week or so is more than likely thanks to Bitcoin's halving prospect as things amp up. Yesterday alone Bitcoin hit that $60,000 mark. A number which many people doubted would ever happen again and yet surprise surprise, it very much did and with a pace like none could expect. With that having happened you can bet a lot of the crypto market followed en route pulling some serious gains such as Ethereum hitting $3,300 and XRP hitting 0.60 cents.
🔥 Personally, I see most of these gains driven thanks to Bitcoin which would only make sense, there hasn't been any significant news on XRP or some of the other cryptocurrencies which have seen gains over the past few days so my thoughts are that it's Bitcoin driving these right now which isn't too bad either. At least not in my mind.
🔥 Definitely gonna give things a few days and see how the market reacts as we'll have to see if Bitcoin can hold above $60,000. That's the most important thing right now to watch for, any other crypto is more than likely going to be influenced by that so keep your eyes peeked for any news or that $60,000 number. It's a strong number that's gonna be looked at closely for traders and big firms alike.
🔥 Said I'd keep this idea short and I will. That's it for now but thanks for tuning in as always, sorry it's been so long again, just haven't really had any time to catch my breath this month let alone post so thanks for bearing with me. Really appreciate it. All the best till next!
~ Rock '
💎 BTC/USDT - $62,000 Reached, What's Next ? (READ THE CAPTION)By checking the Bitcoin chart in the weekly time frame, we can see that as we expected, Bitcoin continued to climb powerfully and managed to hit all the targets that I announced in the previous analysis! Now, after the price growth up to $64,000, Bitcoin has faced initial correction because it has entered its oldest Bearish Order Block (ATH), which is between $62,000 and $69,000! So the negative reaction to this level was logical, we have to see how the candle closes this week and next week so that we can determine its mid-term trend! I hope you have made the most of this analysis!
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
The Last Analysis :
XRPUSD, Crypto GEM is About to Form a Huge Bullish Breakout.Hello There!
Welcome to my new analysis of XRP from the daily timeframe perspective. XRP recently caught my attention because it is forming a hugely bullishly inclined formation that has the potential to convert into a massive bullish breakout once the formation has been finalized. Especially as the XRP number is growing further and XRP is becoming more and more popular this is a bullish sign adding to the current scenario.
When looking at my chart now XRP is forming a highly important formation here which in almost all of the cases is a sure indication of a major bullish breakout to follow through. This formation is called a bullish descending wedge formation and such a formation is completed once the wave count from A to C has completed with the final wave C and the bounce in the lower boundaries.
Currently, XRP is already approaching the main structure support levels from where a major bounce is likely to follow through within the next times as it is marked within my chart. Once XRP has done so the final bounce above the upper boundary of the descending wedge is going to mark the fundamental origin of a huge bullish expansion wave to follow up into the upper directions.
Once the whole bullish descending wedge formation has been finalized this will activate the minimum target zones seen within my chart in the upper boundaries of the primary bullish channel formation. Once the final target zones have been reached and the bullish volume and momentum hold on XRP will easily move above these levels and accelerate the trend dynamic.
Thank you everybody for watching my idea about XRP! Support is greatly appreciated.
VP
This Is The Crucial Formation Which Will Determine XRPs Outcome!Hello, Traders Investors And Community, welcome to this analysis about recent events, the current price-action and the huge massive formation ripple is developing which will show the outcome within a highly possible likelihood as a volatile market-move because this is the property that formation inheriting. As already mentioned in past analysis the cryptocurrency-space is sending a lot of differential signals in the individual currencies, while some look more bullish like ethereum there are some which looking more bearish than bullish like ethereum or bitcoin cash. This not only the factor of the sorting out in the inflationary market with over 1000 currencies similar to those mechanisms seen in the millennial stock-market crash in 2000 but also has technical issues, therefore we are looking at the daily perspective.
As you can examine in my chart ripple is moving above an important support zone which is the level between 0.174 and 0.177 where it is consolidating now since more than 80 days which is unnatural in the cryptocurrency-space and such a long consolidation period will show a volatile breakout with increase pace the longer it is staying in such a period. What I also contemplated is the huge head and shoulder formation ripple is trading in and that will show the outcome with the activated target after it has confirmed. Right now this formation is still unconfirmed but it will happen when we either confirm the support and move higher above the 0.2 level or fall below the neckline which will cause bearish pressure to the downside.
For now, this is a long-lasting consolidation and the volume was also the whole time at the same value, in this case, both scenarios are possible and can happen right now because of this the wisest thing in such an environment is to wait until the proper scenario has confirmed and placed the trade in the right direction otherwise it can lead to a bad trade in ripple and this should not happen for traders who want to make consistent profit in the market. Therefore ripple is definitely a coin to wait on the sideline for confirmation to enter, there are however other coins like ethereum which providing more clearer signals at the moment, these currencies should traders focus the attention on, it is similar to the stock-market which I already mentioned where stocks profiting out of the crisis and others showing bearish signs, we see such mechanisms showing up also more in crypto now with an expanding tempo.
In this manner, thank you for watching support for more market insight and all the best!
Astonishing claims require astonishing evidence in order to succeed in destiny.
Information provided is only educational and should not be used to take action in the markets.
XRP, Possible Wedge Detected, Continuation After Confirmation!Hello, Traders Investors And Community, welcome to this analysis about the recent events, the current price-formation and what we can expect from ripple the next hours and days. As already mentioned in past analysis ripple was on the verge to a bullish breakout where it confirmed above the major falling support-line which coordinated the downtrend and is now consolidating within its channel on the local timeframes. Recently I detected some more interesting and important signs which making the bullish breakout and continuation scenario besides the head and shoulder scenario which I already mentioned more possible therefore we are looking at the locally 4-hour timeframe.
As you can examine in my chart now ripple bounced at the important support we have between 0.171 and 0.179 a third time in a row with a long and big wick in its candle, that is normally a bullish sign when it bounces from a certain level like we have seen it in these cases. The lows in that level also build the lower boundary that you see marked in blue of the overall big broadening wedge we are currently forming. As the price has bounced a third time at the major support line we can expect it to move some higher similar like we have done it already in the past bounces. When this happens we can target the upper boundary of the broadening wedge at 0.221 where the price already bounced two times and one time remaining.
After we got the remaining uptrend to the upper boundary comes the critical part in which the broadening wedge formation has to be confirmed properly to have it fully validated, this scenario happens when we bounce at the support we have in the range between 0.2 and 0.21 which you can see marked in blue at the level, a fall below this price-level and even lower can validate the broadening wedge so the level between 0.2 and 0.21 is important to hold. When the bounce happens we can expect ripple to test the upper boundary of the wedge a fourth time therefore when we test it successfully and ripple manages to climb above this can confirm the wedge, remember that this has to play out with good volatility otherwise we can still fall back into the range.
When the scenario plays out like expected and it should be technical there are two main resistance levels which need to be taken out to sustain further bullish with ripple in this scenario, firstly it is the 0.222 level and secondly, the 0.235 level after these have been taken out it is within the high likelihood spectrum that ripple provides a new higher high to us as you can see marked in my chart. At the moment the whole cryptocurrency market is in a lowe volatility range and is sending mixed signals, in some coins we can possibly still break down or to the upside, in such situations we need to keep patient and don't fall for the illogical speculative trap we see to often these times this means to be prepared for possible trend changes when they happen.
In this manner, thank you for watching, support for more market insight have a good day, and all the best!
Information provided is only educational and should not be used to take action in the markets.
XRPUSDT|Strong support area and potential growthHello guys, I hope you are doing well
We see the Ripple chart in the daily time frame.
Important supply and demand areas are drawn on the chart
Currently, we had a reaction from the demand area, candlestick patterns are observed, the trend line has been broken upwards in smaller timeframes.
A suitable position for Ripple price growth from this area can be at least up to the area (0.60-0.63).
I will mention additional points in the next updates.
Xrp appears t be breaking up from a 4hr timeframe invh&sAs always with any timeframes under the 1day, the reliability of chart patterns playing out starts to reduce the smaller and smaller the time frame you go to but the 4hr does seem to validate its fair share of chart patterns often enough to take this 4hr inverse head and shoulders serious. If it can reach it’s full target it will climb to 59 cents here Ithink the next few days to a week or two, however we can see the pump is currently running into some long standing resistance that it may take quite a few retests on before it can break through those and head to the full target. The good news is, in reaching the full 59 cent target by breaking above the current resistance, we will likely also trigger/validate the breakout of a much bigger higher time frame chart pattern or 2 that should hopefully create a domino effect and send price soaring in the near future. *not financial advice*
XRPUSD keylevelRipple is one of a bullish coin that perform a nice channel up pattern.
If you are holding ripple, or wanna jump in to follow bullish market, there is several key level that u need to know.
1. Minor resistance (bullish key level)
0.5493 become strong resistance for ripple, If this resistance break up, Ripple ready to move in a strong bullish wave to reach channel up resistance around 0.5944
2. Channel up resistance (bullish target)
If minor resistance broken, bullish target at channel up resistance at 0.5944. This resistance also as fibonacci 1.272 bullish projection and also as previous resistance.
3. Channel up support (bearish key level)
If 0.5493 cannot broken, Ripple will back to channel up support at 0.5321. This is martingale point if you wanna double your long volume. But careful, this level also as bearish key level if it break down, you can use stoploss few point below
4. Major support
0.4905 as major support for ripple, if channel up support break down, Ripple will perform another bearish wave to reach this level.
I will update more about this analysis, make sure you support this analysis to get a quick notification of any update. Happy trading, and see u at next analysis. Bye