🔎 XRP STILL CONSOLIDATING 🔎🔎 Hey hey! You already know, real quick idea here for you guys and a short follow up on yesterday's idea!
🔎 Yesterday's idea had us adding in our consolidation channel following that initial exit from the descending channel (black lines) since then we've just managed to keep above that 200 EMA. I'm not going to go out here and say it's going to do this or that, you already know we keep it 1:1 here.
🔎 XRP's in this consolidation phase and for those that may not know, a consolidation is basically this sort of tug a war as I like to call them when a stock moves within one point and another sort of like an air hockey table as I like to think of it. It's a battle of air hockey and eventually we're gonna end up going one way or the other.
🔎 When you have a stock consolidating it's stuck within a sideways trading pattern/rough range. When you break out of the range up or down it can possibly start off a breakout or reversal basically which usually causes a big move like we've already seen XRP do time and time before. Until we exit the range though there's no clear way to predict whether or not we'll be headed up or down but that's why we keep it simple and note those channels and areas of interest.
🔎 Watch the channel and that 200 EMA for sure if you'd like but we already know the EMA is a lagging indicator though a good friend when it comes to confirmations so the strength that EMA will have of course will vary based on the timeframes so jump between 15 minute and 1-4 hour timeframes if you'd like.
🔎 That's about it! Again just a quick and reasonable idea as always! Thanks for stopping by as always and your constant support with the likes and follows, your support is appreciated as always. Blessings till next.
~ Rock '
Ripple
XRP/USDT preparing for bull move? ? 👀 🚀 XRP Today analysis💎Paradisers, get set for a promising opportunity with XRPUSDT as it faces a setback from the supply zone, suggesting a strong chance for a bullish rebound from the demand level.
💎Historically, we've seen supply transform into demand, propelling the price upward. Currently, after a rejection at the .6237 supply zone, there's a strong chance for a bullish pivot from the .5794 demand level.
💎There's also a possibility of a bullish turn from the .5575 demand level. The asset's robust position above the ema55 is signaling a potential uptick.
💎 On the flip side, should the price dip below the .5575 demand level, we could see a shift towards a bearish trend. Keep a close eye on these levels and plan your strategy with these dynamics in mind.
⚡️ XRP QUICK TA ⚡️⚡️ Hey guys! You already know what's up! Difference with today's idea is that I'm going to keep it real concise, let me know any thoughts, trying to keep the length short without sacrificing quality of course so a work in progress.
⚡️ XRP alongside the broader market definitely seems to have hit that exhaustion point following the rally the past few days, weeks understandably. We did end up getting a mountain fall understandably but it's good to see that we've formed a sort of new consolidation channel.
⚡️ In yesterday's idea we already pointed out that 0.688 would be a pivot point and the charts are sticking pretty close to that idea with us finding strong resistance now at breaking, keeping above 0.69. That being said we have managed to keep things relatively calm even managing to regain that 200 EMA on the 15 minute and breaking out from the descending channel which helped boost us back up.
⚡️ Below is the 5 minute chart which shows the sort of tug a war within our consolidation channel.
⚡️ Main thing now is to see whether or not buyers can keep things up though volume alone signifies for us that traders are definitely willing to buy above 0.66 and higher showing confidence no doubt, curious to see how things progress over the next few days but no doubt traders are watching that channel for a break to the upside or below from what we can infer currently.
⚡️ I'll leave the idea there for now but thanks for stopping by of course, really appreciate it and hope you guys do well as always. Thanks for the constant support and blessings. Feel free to leave and likes or follows as well, simply helps me out.
~ Rock '
🔥XRP: This Is Not A Fake Pump, Just A Preparation To 🚀Ripple made a strong pullback by -55% after the liquidity collection.
The price falls to the launch pad 🚀 and continue to consolidate inside the massive triangle.
💥why does no one think about this pullback as an opportunity? think about it.
The closest huge resistances at $0.93 and $1.93. They can be considered local targets.
like❤️ and follow
XRP/USDT Is it break the supply area or back to retesting phase?💎 XRP has undoubtedly created a stir in the market with its substantial ascent. However, XRP is currently encountering resistance while attempting to breach the supply area at $0.736, resulting in repeated rejections. This situation makes it likely that XRP will experience a decline and return to test the demand area around $0.6 to build up new momentum.
💎 Yet, if XRP can successfully break through the supply area, it opens up the probability for XRP to continue its upward trajectory and reach our target in the major supply area.
💎 should XRP retreat to the demand area at $0.579 without demonstrating a rebound, it raises the potential for XRP to break below the demand level. In this situation, it signifies a bearish indication for XRP, and there's a likelihood that XRP will continue its descent, possibly returning to the strong demand area.
xrp what will happens the big resistance 50cents become suport line
and the next resistance line is 85 cents to 90 cents
i think we will stay in below 90 cents for while
for breaking the 90cents resistance we need a big push up like a good news from sec
but good news is its hard to get back below to 50 cents in short term scenario
best buy zone when 50cent suport line actually worked
many thx
🌠 XRP INSANE DRIVE UP! IMPORTANT! 🌠🌠 IT'S AMAZING! I MEAN WOW! Hope everyone is doing great as always! Can't believe I'm writing up this idea, not to mention the fact that this is the start of something much bigger.
🌠 This read should just be a few minutes but it's important, and before I continue just wanted to say I'm really grateful to be a part of this. It's been a long journey the past few years but weeks like this make all the difference. This week's had a lot of developments from the Georgia Pilot project to the development with Dubai's Financial Authority authorizing the use of XRP in Dubai's financial trading center amongst some other developments the past few weeks and XRP's cases in the legal realm have given us nothing but boosts in what's been a long journey no doubt.
🌠 I'll spare you the chit chat but I'm just grateful to be able to be here and have you guys with me. Comment below how you're doing, haven't heard from some of you in a bit, hope everyone's well as always! I've added a quick technical below with two charts, the first chart is for the big picture 4 hour timeframe while the second one will be for the local, 5 minute chart.
🌠 From our 4 hour chart we can identify that we're at a real big resistance point for XRP just based off a quick look at our previous price action when we we're trading back up at this range just prior to August. So add that mark to your charts and set some alerts, could be that point for another breakout or our resistance. Either way, it's a pivot point. Below then is our local 5 minute chart.
🌠 Just based off our 5 minute chart we can identify that ascending channel and pinpoint that resistance which is already happening, the main thing to point out is that this whole time we've managed to avoid losing that 200 EMA on the low timeframe's as well as the longer one's such as the 4 hour, that's helped us get up high as we are alongside institutional investments this week. * I'm editing this section as I was about to post the idea but just noticed the major fall on the 5 minute which I'll add below to outline the importance of the ascending channel. So seems like that reversal or retracement may be starting but we'll have to see.
🌠 Historically we know XRP like's to pull up like a rocket sometimes before finding a landing zone and whether or not we'll find a zone or continue into a possible orbit is a valid question but I think the main thing that matters by this point is that technical aside. Whether or not XRP come's back down hard or just retraces a bit we know that they continue to grow and that this again is simply the beginning of something much bigger. Crypto isn't even a major part of society yet, imagine what the next few years hold for us. I'm ending the idea here but as I've continued and will continue to say, XRP keeps on pushing and doing it's work. Cheers to the wonderful Ripple team XRP has got. 🥂
🌠 I have no doubt that Ripple will continue growing and more and more institutions and nations will start taking initiatives and actions to adopt Ripple's services, the future is bright no doubt, thanks for joining me today as always, I've added a link below to an article highlighting some of the most recent developments for anyone curious. Again thanks for taking the time to join me today and please let me know how you all are, appreciate you guys as always and feel free to leave any likes and follow! Have a great and blessed day.
~ Rock '
XRP Price Rallies as Institutions Embrace It! Picture this: a skyrocketing XRP price, fueled by the growing adoption and trust from major financial institutions. It's like witnessing a rocket launch, and we have the chance to be part of this exhilarating journey. So, grab your trading gear and let's dive into the exciting world of XRP!
Now, you might be wondering, "Why XRP?" Well, my fellow traders, XRP has been making significant strides in bridging the gap between traditional finance and the digital sphere. With its lightning-fast transaction speed and low fees, XRP has become the go-to choice for financial institutions seeking to enhance their cross-border payment systems. And boy, are they flocking to it!
The recent surge in institutional adoption has sent XRP prices soaring, and the excitement is palpable. As more institutions recognize the potential of this digital asset, the demand for XRP is skyrocketing, propelling its price to new heights. It's like witnessing a supernova of opportunity, and we can't afford to miss out on this remarkable ride!
So, my dear traders, it's time to take action and seize this golden opportunity. I encourage you to consider going long on XRP, as its upward trajectory shows no signs of slowing down. With institutions pouring in and the market sentiment increasingly positive, the potential for substantial gains is at our fingertips.
Remember, the key to success lies in staying ahead of the curve. By embracing XRP now, we position ourselves at the forefront of this financial revolution and open the door to incredible profit potential. Let's ride this wave together and make the most of this thrilling journey!
To get started, make sure you have a reliable trading platform that supports XRP trading. Conduct thorough research, stay updated on the latest news, and equip yourself with the necessary tools to maximize your gains. And most importantly, trust your instincts and follow your trading strategy diligently.
The world of cryptocurrency trading is ever-changing, and with the current XRP price rallies, we have an opportunity that simply cannot be ignored. It's time to take a leap of faith and dive into the exciting world of XRP!
Wishing you a thrilling trading experience filled with success and prosperity!
Ready to jump on the XRP bandwagon and make the most of these exhilarating price rallies? Don't wait another moment! Open an account with a reliable trading platform today and start your journey towards potential profits. Remember, the time to act is now!
My projected future path for XRP.I just want to say thank you to all of my followers, both old and new! You can also help me grow by sharing my charts on social media either by link or screen shots.
This is probably a great way to make myself look like a complete fool, but it's been right so far. The white arrows have been my projected path for XRP price over the next few day. In order for the rally to continue XRP must take and hold the .85 cent level. This level is crucial. We may tap it, and test it a few times, but there's also a chance that we could plow right through it.
I know it sounds unlikely, maybe even a little crazy, but I think XRP will be around, or above the $1.25 level by Christmas!
Keep your eye's on .85.
XRP: Overbought at ResistanceRipple (XRP) technical analysis:
Trade setup : Bullish breakout from Ascending Triangle pattern, above 200-day MA and $0.55 resistance, signaled resumption of uptrend and price has reached our target of $0.68. However, price is now very overbought (RSI > 85!) just as it reached that $0.68 resistance. Hence, near-term, we’re likely to see it pause here on some profit taking.
Trend : Uptrend on Short- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Bullish but extremely overbought. ( MACD Line is above MACD Signal Line). RSI is bullish (> 55) but extremely overbought (> 80) which could imply that price could briefly pause or pull back if it reaches Resistance.
Support and Resistance : Nearest Support Zone is $0.55 (previous resistance), then $0.45. The nearest Resistance Zone is $0.68, then $0.92.
XRP - MarkUp Phase Started 📊Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📊 After breaking above the 0.55 level mentioned in my previous idea, XRP exited the accumulation phase and entered the markup phase.
📈 For the bulls to maintain control , we need a break above the 0.7345 resistance highlighted in blue.
📉 Meanwhile, XRP could still face rejection at the resistance , which can be confirmed on lower timeframes. In this scenario, a correction towards the 0.55 support level would be anticipated.
📚 Always remember to follow your trading plan regarding entry, risk management, and trade management.
Good luck!
And always remember: All strategies are good if managed properly!
~Rich
Ripple Price AnalysisIf a downward movement occurs towards the blue support box mentioned in the analysis, a spot investment can be made at the $0.5792 level.
If the blue support area is lost, the region for adding to the spot investment is at the $0.5479 level.
XRP will aim to continue the uptrend as long as it doesn't lose the $0.538 support. The upward target for XRP is $0.69.
NFA
XRPUSD working on a horizontal channel breakout. Not a sure thing that the breakout will confirm here, always a chance it could correct back inside the channel once or possibly even twice before triggering the real breakout, though of course the current move could easiy be the breakout. Either way sooner rather than alter the breakout should be official and once that happens the target will be around 63-64 cents. For now the current bullish impulse looks very convincing. If it can maintain solid support on the top trendline of the channel then we will almost certainly see the recent deathcross be uncrossed and confirmed a fakeout. *not financial advice*
XRP price likely to make contact with the 100 d.m.a.The global financial "day of reckoning" seems is getting closer everyday, and as the pressure builds in the banks, and financial markets, lots of new money is entering the crypto market. XRP is likely to pull back to the 100 d.m.a (the yellow line) before continuing the uptrend.
🌠 XRP'S DRIVE UP 🌠🌠 Hope you guys are doing well per usual, thought I'd make a quick stop and we'd follow up on things. It's definitely been a pretty eventful few days with XRP alongside Bitcoin and the major market seeing some of the highest inflows in the past year so that's been nice. Especially considering we're heading into winter I don't mind some warmer weather on the charts.
🌠 In our last idea we noted we'd need a catalyst or some news most likely to get that break past our resistance and wow we've definitely had some developments the past few days as always. One example is Ripple's win in being selected as the official technology partner for the Digital Lari Pilot project which is being overseen by the National bank of Georgia (NBG). Ill delve more in this on the following idea but it's great and a good boost as well for public sentiment no doubt as ripple continues expanding. Another development is XRP's approval by the Dubai Financial Services Authority (DFSA) which will allow for any financial institutions operating in the Dubai International Finance center to use/ conduct transactions with the tokens.
🌠 XRP's continued within that ascending channel and basically just drove itself up to 0.62 before that retracement started and we can see by the blue outline that diagonal resistance that started and acted on things till it was broken pushing price up to that 0.6119 price point or 0.612 rounded up. Also this chart below is the 5 minute from the 1st of november but thought I'd point it out, crazy to see how much that ascending channel was affecting XRP's price. Simply fascinating.
🌠 Main thing here was that on the 30 minute we avoided losing the 200 EMA which of course would have most likely sent us further down should we have lost that. Definitely be sure to keep an eye on that 200 EMA as always though seems this week's just been a positive week for XRP overall. I won't keep the idea too long but the chart does most of the speaking anyway. For support currently watching that 0.59 level and 0.60 above for the more local.
🌠 Gonna go but wanted to get something quick out, hope you guys enjoy and have a great one as always, and any likes or follows always help, thanks and all the best. Below are related articles.
www.businesswire.com
cointelegraph.com
~ Rock '
Levels to watch for XRP.The following chart has some levels to watch for XRP in the next few days. Even if the super bullish path slows, or retracts, the thicker white lower trend line would be a good guess as to the lower trajectory in price.
For reference.
* The yellow line is the 50 day SMA.
** The stochastic is set to 60/1/3.
Unleash the Bull Wicks and Ride the Wave of Strong Support!I want to share some exciting news about XRP that will surely get your adrenaline pumping. So, fasten your seatbelts and let's dive right in!
XRP has been on fire lately, showcasing nothing but bull wicks that are leaving traders in awe. These powerful upward movements are a testament to the incredible potential this digital asset holds. With each bull wick, XRP is making its intentions crystal clear - it's ready to break barriers and soar to new heights!
But that's not all - XRP has also been building a fortress of strong support levels. These levels act as a solid foundation, providing a safety net for any potential dips. It's like having a safety harness while climbing a mountain - you can confidently take risks, knowing that you have a strong support system in place.
Now, you might be wondering, "How can I be a part of this thrilling journey?" Well, my fellow traders, it's time to seize the opportunity and go long on XRP! The current market conditions, coupled with the bull wicks and robust support, present an ideal moment to ride the wave and potentially reap substantial profits.
So, here's your call-to-action: Don't miss out on this incredible chance to long XRP! Conduct your due diligence, analyze the charts, and make an informed decision. Trust your instincts, but also remember to manage your risks effectively. As the saying goes, "Fortune favors the bold," and it's time to be bold with XRP!
As always, it's crucial to stay updated with the latest market trends and news. Keep an eye on any developments that might impact XRP's trajectory, and be ready to adapt your strategy accordingly. Remember, successful trading requires a combination of knowledge, skill, and a bit of excitement!
So, buckle up, fellow traders, and get ready for an exhilarating journey with XRP. Let's embrace the bull wicks and strong support levels, and ride the wave of potential profits together!
Unleash the Bull Wicks and Ride the Wave of Strong Support!