XRP BOOM!XRP REACHED 400% gains in the month of November before a pull back to the previous breakout zone. Ripple CEO appeared on 60 Minutes for a brief interview to introduce the world to the entire crypto industry as a whole. Although it was bias news, it was great news. On 12/10/24 Brad Garlinghouse announced that $RLUSD has been approved and will be listed on exchanges soon.
I look for XRP to reach towards $3+
The price target varies. If RLUSD approval quickly helps XRP rise, the mere adoption of the US backed stable coin and the possible overtaking of competitor Swift. XRP could reach milestone levels, above the $100-$500 range. After trump gets in office, gensler steps down, and regulations are made in the congressional seats. Ripple could grow to see ETH type numbers. This would be dependent on financial adoption and utilization around the world. Keep an eye on this. Good luck!
Ripple
XRP Christmas Rally Imminent! New All time high incoming!!BITSTAMP:XRPUSD Your last opportunity to get XRP at a discount before it goes parabolic is presenting itself. $1.52 -$ .1.50 is the target bottom....
If it doesn't get back down to $1.96, then that means $1.96 was the bottom, and we would backtest that level and break straight out of this bull flag pattern! 🚀
reversal of this downtrend, an ABC correction, could possibly be complete by the 11h of Dec.
XRP TO $2 An update on my previous post regarding XRP.
As you can see XRP did break through the $2.40 price level, i would like to think this could be some manipulation and a liquidity trap from short sellers at the $2.40 level as it is an easily identifiable key level.
On the higher timeframes however the fib does show a perfect reversal of half the previous extension to the %61.80 level as well as forming a new lower high. Still not buying just for the moment, the higher timeframes do still indicate some more relief is incoming especially with the lower major key levels of $1.9500 aligning perfectly with the -27.00% fib retracement which would be a target for many retail traders.
Also a clear double rejection from the $2.6200 price point has created the reversal to the down side.
XRP Analysis==>>Correction Signs!!!XRP ( BINANCE:XRPUSDT ) is moving in the Resistance zone($2.63-$2.50) .
In this post, I want to show you some signs that XRP may still need to be corrected in a one-hour time frame :
1 -Regarding Classical Technical Analysis , XRP seems to have succeeded in forming the Rising Wedge Pattern .
2 -The formation of the Evening Star Candlestick Pattern in the Resistance zone can signify the reverse of XRP .
3 -The formation of the Bearish Gartley Harmonic Pattern can also be another sign of the decline of XRP .
4 -According to Elliott wave theory , XRP seems to be completing the main wave 4 .
I expect XRP to break the lower line of the Rising Wedge Pattern , which should drop to at least $2.38 . If the Support line is broken, the next target will be the Support zone($2.25-$2.17) .
⚠️Note: If XRP manages to break the Resistance zone($2.63-$2.50), we can expect an XRP pump.⚠️
XRP Analyze (XRPUSDT), 1-hour time frame⏰.
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ETH/USDT : More Bullish Move Ahead? (READ THE CAPTION)By analyzing the #Ethereum chart in the weekly (logarithmic) timeframe, we can see that the price is still within the range we discussed a few weeks ago. As mentioned earlier, the $2100 to $2450 zone is a critical support and demand area. After Bitcoin's rise above $74,000, we can anticipate a similar strong move from Ethereum. The next targets for Ethereum are $2820, $3079, $3700, and $4090.
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 $3.00 Still Active - Consolidation looks BullishSince my last BINANCE:XRPUSDT Trading Idea the altcoin consolidated more sideways and breached the trend line. Nevertheless, as long as the support zone at around $2.18 is holding, the setup remains intact. Bitcoin still hovers below $100K and tries to break out to the upper side. This will be the catalyst for this trade. Same goes for most of the other altcoins out there.
Target Zone
$3.00
Support Zone
$2.18
XRP Moonshots XRP has exploded recently but how high can it go?
The recommended at $10 which aligns with a larger channel but ive heard $55 also so ill place that there.
$10 is a more reasonable target for this coin.
Still bullish following this breakout, looking to stay bullish into Feb
Daily chart
Is XRP Ready to Surge? A Deep Dive into Technical Analysis Disclaimer: This article is for informational purposes only and should not be construed as financial advice. It's crucial to conduct thorough research or consult with a financial advisor before making any investment decisions.
XRP on the Rise: Technical Analysis and Whale Activity Point to Significant Gains
The XRP market has been steadily gaining momentum, with recent technical analysis and whale activity suggesting significant price increases in the coming days. It is predicted that XRP could surge to $5 within the next 72 hours, with a more conservative estimate of $8.00+ in the long term.
Technical Analysis: A Bullish Outlook
Technical analysis of XRP's price charts reveals a strong bullish trend. Key indicators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) are signaling a potential upward breakout. The RSI, which measures the speed and change of price movements, is currently in the overbought zone, indicating strong buying pressure.
Furthermore, the MACD, which compares two moving averages to identify trend changes, has formed a bullish crossover, suggesting that the upward trend is likely to continue. These technical signals, combined with the recent surge in whale activity, have fueled optimism among XRP investors.
Whale Activity: A Sign of Confidence
Large-scale investors, often referred to as whales, have been actively accumulating XRP during recent price dips. This increased whale activity is seen as a positive sign, as it suggests that these experienced investors anticipate significant price appreciation in the future.
A recent transaction involving the purchase of $288 million worth of XRP by a single whale has further ignited speculation about a potential price surge. Such large-scale purchases can significantly impact the market, as they can help drive prices higher.
Expert Prediction: A Conservative Estimate
It is suggested that XRP could reach $8.00+ in the long term, as the cryptocurrency market continues to mature and gain wider adoption.
This conservative estimate is based on a number of factors, including the ongoing legal battle between Ripple Labs and the Securities and Exchange Commission (SEC). While the outcome of this case remains uncertain, many investors believe that a favorable ruling could significantly boost XRP's price.
Maintaining the Momentum: Key Factors
To maintain the current price rally, several key factors will need to come into play:
• Positive Market Sentiment: Continued positive sentiment among investors and traders is essential for sustaining the upward trend.
• Favorable Regulatory Environment: A favorable regulatory environment, particularly in the United States, could significantly boost XRP's price.
• Increased Institutional Adoption: Increased adoption of XRP by financial institutions and corporations could further drive demand and price appreciation.
• Strong Fundamental Performance: Strong performance of the underlying technology and network will be crucial for long-term growth.
In conclusion, the combination of bullish technical indicators and increased whale activity has created a strong bullish case for XRP. While short-term price predictions may vary, the long-term outlook for XRP remains positive, as the cryptocurrency market evolves and matures.
XRP 4H. Preparing for a Breakout. 12/08/24Ripple is currently trading sideways, and this consolidation phase is likely to continue for some time.
Let me share some insights with you: indicators in technical analysis provide various insights into the market's condition, such as whether it is overheated or oversold. When these indicators deviate significantly from their normal levels (e.g., overbought or oversold conditions), they may generate false signals. Sideways movement helps "reset" these indicators to more normal levels, which is exactly what’s happening now.
During a sideways phase, traders buying and selling the asset frequently rotate, preventing significant price movements. This is crucial for analysis, as it may indicate the market is preparing for the next significant move, such as a trend.
In summary, periods of no clear trend are essential for the market to allow indicators to normalize and trader rotations to occur, creating the conditions for the next price movements. So, hold and wait.
Forecasted movement is shown on the chart.
DYOR.
XRP $3.00 - 25% Within HoursRipple / XRP is currently one of the coins with the most momentum. As we all know, this is very important for trend following models. As you can see, XRP holds the current trend line and repeats a pattern it already did two times within this short bullish trend. As $3 is a very important mark (and a round number too) I assume we will see a 25% move within hours (at max. a few days).
I’d love to hear your thoughts and predictions. Where do you see XRP heading in the next hours to days? Let’s discuss below!
A clue of where xrp can head based on it being a fractal of 2016Ok this will be a slightly extensive dive into how the current breakout move from the multi year triangle that xrp just broke out of has a high probability of being a fractal of the triangle pattern breakout move xrp did in 2016 that yielded explosive parabolic bullish price appreciation. I want to start with this image on xrp on the Monthly chart to show how the first monthly candle that confirmed the breakout of the 2016 triangle went up 287 percent and the first monthly candle confirming the current breakout went very similarly to around 283%. So since we already have it following that same pattern there, I’m gong to extrapolate where price could head from here if we are needed mirroring that same explosive move of 2016 with our current price action. If so, the very first spot XRP had a pullback and then consolidated into a bull flag before heading further up was actually at the 1.038 fib level which is just 13% or so above its previous all time high. If we were to do something similar today we could see xrp’s first real significant pullback consolidation around $3.75-$3.77. This is in line with certain chart patterns breakout targets I have in mallet time frame charts that I don’t have shown here. Other chart patterns in those smaller time frames have a targets around $3.80, $3.84 and some as high as $4.06 and then on the logarithmic chart as high as $4.77-$4.85. I think even as high as $45 would still fall in line with a standard deviation away from the 1.038 fib and would still retain the fractal if we were to reach the top logarithmic target before having that first pull back. We can see on the left of the chart above on the first triangle breakout, after it moved on from the 1.038 level the net level it rose to before the first significant correction s all the way up at the 1.618 (in blue). If Xrp were to maintain the fractal in current price acton then the 1.618 should be its destination to before the first ajar correction, and as you can see the 1.618 for the current Fibonacci retracement is all the way up at around $26!
XRP updated price analysis & forecast: 3.1-3.3 is coming soon!!updated analysis on most recent price action indicates a strong buy sequence to 3.1-3.3 range to occur over this next wk, TO BE FOLLOWED BY the FINAL (aggressive) retracement to 1.5 -1.6 zone!!!
**if we get any dips in price to 2.15-2.2 range BEFORE running to 3.1-3.3, it'll remain a buy opportunity imo until 3.1-3.3 is reached...
I'm expecting the final discount window to occur by 12/12-14 dates...should witness the selloff/retracement in price to the 1.50 liquidity target level, which will be an amazing final chance to increase XRP position size after taking partial profits around 3.1-3.3 (my thoughts/trade plan)
XRP Testing MomentumHey Trader!
This is a quick update, as it builds on one of my recent analysis.
As I have illustrated, XRP is moving within strong resistance levels, where there is a lot of liquidity from the recent triangle formation.
XRP is charging up the momentum to break these levels and head for the ≈$3 fib. target!
Alternatively XRP has to pull back to a support level before going up.
I am generally positive about the future for XRP.
I wish you a pleasant day!
Logarthmic bullflag has an even larger breakout targetBrace yourself and fair warning this post is gonna get slightly more esoteric than some are comfortable with as it delves into numerology, so fair warning. I found it extremely interesting from a numerological standpoint when I saw @chartguy had predicted that this current xrp correction would ultimately find support on the .888 Fibonacci retracement level and as of now it appears it has. The number 38 as well as 888( aka 3 8s) has been coming up like crazy all the time for me this entire year, but then I also noticed it more than a few times specifically in reference to ripple and xrp. For example Ripple now has 38 billion xrp remaining locked in escrow. I found an iage during XRP’s 2016 pump of Brad on CNBC or fox business ot some channel like it and enxt to them they had put a graphic up on screen along side Brad Garlinghouse that said XRP had gone up 38,000% percent. Next fast forwarding back to a little earlierthis year, the last low xrp had put in as a bottom before finally slowly climbing back up to the blast off point was 38 cents. Because I had been seeing all these connections with 38 in regards to xrp and ripple but also in many other elements in my personal life, I bought some more xrp at 38 cents feeling like it would actually mark the most recent bottom and low and behold it did. Also the all time high for xrp on a few different exchanges is $3.80. Like I said above, another way to represent 38 is with 3 8’s aka (888). So on the lion’s gate portal this year 8/8/2024, 2024 numerologically reduces to 8 as well giving us the first time in quite awhile we have had 8/8/8 date like that, I was expecting something noteworthy to occur being that it’s a time that’s known for manifestation and abundance every year but with 3 8s instead of just the usual 8/8 it should be even more so, and sure enough ti was right on this weekend that Judge Torres issued her final judgement in the RIpple vs SEC case after 4 long years of waiting patiently for it to arrive. All this being said, when I then see that XRP corrected down exactly to the .888 Fibonacci level and is holding support there, if it does continue upwards from this level, it will simply be more confirmation and confluence to me that there is something significantly special and interrelated between xrp, and the numbers 38.88,888, 11, and 1111. I won’t go into the 11 significance too much in this idea as I’d prefer to focus on the 8s instead….so I’ll leave the numerology talk there for now and focus instead of the actual TA behind this logarithmic bullflag
XRPUSD currently retesting support on the double bottom necklineWe currently have one weekly candle close above the double bottom neckline and the currently weekly candle is still currently holding support on that same neckline with 3 more days left to go before it closes. A close above the neckline would certainly be a bullish sign especially when the entire candle’s body closes above such a resistance level. Considering Trump just appointed PayPal Mafia’s David Sacks as cryptocurrency/AI czar,I think probability favors a breakout up fro XRP’s double bottom pattern. Were price to confirm the breakout from the spot it just recently broke above the neckline at, then the full breakout target will be $4.0422 a most auspicious number full of multiple numerogically encoded 11-11’s. I also think if we are fractally mirroring 2016’s huge breakout move, that $3.80 or perhaps 3.84 could be an important level to watch also both very auspicious numbers as well, though the 4.0422 target would be preferred considering it would make for a new all time high. Whichever one it may be they will all get reached eventually this bull run in my opinion. *not financial advice*
250% Profit XRPThis chart for the XRP/USDT pair in the 4-hour timeframe presents a potential technical analysis predicting a 250% profit. Here's a detailed breakdown of the analysis:
Overall Trend Analysis
Clear Uptrend 📈
The chart shows a strong bullish movement, with the price increasing from the initial support level of $1.1865 to a local peak at $2.5905. This indicates significant upward momentum in recent days.
Key Support and Resistance Levels 📊
Major Support at $1.950: A crucial level where the price might bounce again.
Main Resistance at $7.0264: The final target predicted by the analysis, indicating a 250% profit potential.
Correction Zone 🔻
Several support levels exist in the correction zone:
$1.9932
$1.5282
$1.1865 (a strong support area).
Possible Scenarios
Bullish Scenario 🚀
If the price holds above the mid-level supports, it could rally towards the target of $7.0264. This suggests a highly optimistic outlook for XRP.
Bearish Scenario 📉
If the price breaks below $1.5282, it might drop further to lower levels like $1.1865 or even $1.1556.
Key Notes and Warnings ⚠️
Reaction to Fibonacci Levels: The chart appears to respect Fibonacci retracement zones, showing a correction phase before a potential upward continuation.
Risk Management 🛡️: Traders should carefully manage their positions with stop-loss levels near key supports (e.g., $1.9539).
Volume Dynamics 📊: Increased or decreased trading volume around these levels could confirm potential breakouts or reversals.
Summary 📝
This analysis suggests a 250% profit opportunity for XRP. However, traders must monitor how the price reacts to the support zones before making a decision. If the broader cryptocurrency market remains positive, this target is achievable. 💎
XRP 30m Analysis 06/12Analysis:
This is just a correction!!!
Don't sell XRP under $5.
Currently we can see that price has pulled back and has changed character into a temporary downtrend. I would assume this is due to people selling their XRP and securing profits due to lack of knowledge or confidence within XRP.
It appears internally to be creating LL and LH. The current swing high and low are indicating the potential next moves:
HH - If the next move is a HH we will be waiting for a HL confirmation before taking out $3+
LL - If the next move is a LL we will be looking for long positions within our Supply zone around the $2 area.
As always XRP is the best crypto available to invest in and whilst its as cheap as it is now it will not be this price forever.
To consider:
Pullback
FOMO
News and Speculation