Ripple
RIPPLE - Price can decline a little more and then bounce upHi guys, this is my overview for Ripple, feel free to check it and write your feedback in comments👊
Recently price bounced from resistance area to support line and then at once started to decline to $0.6060 level.
Also, Ripple broke $0.6600 level and later it tried to rise but failed and fell back to one more resistance area.
But soon, price bounced and made strong impulse to $0.6600 resistance level, thereby breaking support line.
Next price entered to falling channel, where Ripple in a short time declined to $0.6140 - 0.6060 resistance area.
As well recently, price exited from channel, broke $0.6060 level, and now trades below and I think that Ripple can decline more.
Then price can bounce up to $0.6220, thereby breaking $0.6060 resistance level.
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☔️ THINGS HAVE BEEN ROUGH. ☔️☔️ Today's idea won't be long, but thanks for joining nonetheless. And before I start just wanted to apologize over the fact that I haven't been able to post the past few days. I've barely been home and just been working these 12, 13 hour shifts some days even, not to mention my mental health just hasn't been the best. I've been mentally drained and going through a lot but that doesn't mean I'm ever gonna give up on you guys. Never. Even if I may be gone some days just know I'll be back. Especially for those of you that believe in me.
☔️ Today's idea is a bit tough in the least to say with XRP having been hit with a rather big sell off following Bitcoin's fall below that $29,3-400 mark after failing to break $30,000 again, and here's the chart for that below for a quick visual.
☔️ Chart speaks for itself and once that 200 EMA was lost what soon followed was an exit by what's likely been a couple institutional traders/ whales with the same happening with XRP as shown visually below as well.
☔️ The chart speaks for itself, I've added a couple new annotations and the consolidation channel is the same as the one from the last idea I posted, I simply extended it to the right but we can see how once we lost that consolidation channel and failed to regain it traders we're pretty quick to sell.
☔️ I'd already indicated in the last idea that if we fell below that 0.62-3 we'd likely get a sell off and that's exactly what's happened unfortunately though we know that it's not because of anything to do with XRP but rather the market having been dragged down by Bitcoin.
☔️ The drop looks a lot more dramatic for XRP but with XRP having a much lower market cap than Bitcoin it makes sense being that you need much less volume to get a bigger move with XRP vs BTC so I wouldn't stress over it too much. And below is the 1 minute chart.
☔️ Can see how even with the fall's that have been largely thanks to a couple whales/ stop loss orders being triggered, XRP still managed to keep above 0.59 showing that there's some support there in the least with a lot of buy volume hitting at that point thus it's still looking like a buying opportunity for some traders.
☔️ Personally I've bought some more XRP down here, especially at that 0.59 mark, no heavy buys but some buying in the least. I'm still buying with the intent to hold at least a year or so believing in the market, after all till Bitcoin breaks $30,000 and the ETF get's confirmed I won't think the bull run has started.
☔️ Not to mention with the SPX continuing to decline traders are for another consecutive day now the market sentiment just continues to be sluggish and bearish which has impacted crypto no doubt. Nonetheless I persist and I'll continue to believe in XRP and crypto.
☔️ Target is to keep above 0.59 in the least, we drop below that expect another big sell off but remember, this is thanks to Bitcoin that we've fallen, nothing to do with XRP. I've got confidence and my confidence continues to be steadfast as ever never waning. A couple cents isn't gonna matter to me when I'm looking at the future and utility years ahead.
☔️ I have to go but please remember I'm no financial advisor, just a humble guy that likes to share my ideas from time to time and help others make sense of the confusion and storm sometimes. And apologies again for the brief ghost, again stuff's just been rough but never means I'll give up on you guys, never. Thanks for tuning in and feel free to leave any likes and share, comment. Wishing all the best.
~ Rock '
Bullish is coming | Long BiasChart 4H TF
Look at the picture, you will see Ripple BINANCE:XRPUSDT downed to the support 0.618 FibRe and now it's retesting the resistance at 0.68 but need break and close above descending trend line.
If this breakout is succeed, XRP will pullback to FVG around 0.625 that point to join
Wait a next move to decide
Ripple can bounce down from buyer zone to 0.6000Hello traders, I want share with you my opinion about Ripple. Looking at the chart, we can see how the price a few moments ago bounced down from the support line of the downward channel and fell firstly to the 0.6850 resistance level, which coincides with the seller zone. Then price continue to decline, broke this level, and made a strong impulse down to 0.6285 current resistance level, thereby exiting from the downward channel. After this Ripple declined below the 0.6285 level to the buyer zone, and at once it tried to rise, but failed and declined to support line of pennant. Then the price rebounded and rose to the resistance level, but a not long time ago Ripple declined to the current resistance level and some time traded near this level. Also recently, the price exited from pennant and now it trades in the buyer zone near the 0.6285 resistance level. Probably Ripple can decline lower buyer zone, therefore I set up my target at the 0.6000 level. Please share this idea with your friends and click Boost 🚀
Areas to accumulate XRP.If the price of XRP goes up then this talking point is moot. However, if XRP continues to consolidate then any buys below the RED LINE and above the GREEN LINE are a good buy. Any buys below the GREEN LINE and above the YELLOW line are a great buy. And any buys below the YELLOW LINE are a fantastic buy!
Don't put all your eggs in one basket, and don't fill the basket in one trip!
💧 XRP STILL TREADING WATER 💧💧 Hi, thanks for joining today ladies and gentlemen, today's idea won't be too long but it'll be good so feel free to tune in. And sorry about that, just not doing the best today mentally so gonna keep this short. Thanks.
💧 XRP's still treading above our goal of 0.62 and I've added/encircled the three points demonstrating the support we've found and the wicks extension's with all managing to keep above 0.622 in the least. Below the 15 minute chart I've made for you guys on the local.
💧 The chart basically does the work for itself, I added 2 horizontal dotted trend lines alongside a box to outline the new consolidation channel XRP is within on the local which puts us in between 0.628 and 0.6345 roughly. We'll need another break to the upside to get any momentum back up but that's brought us right back to our foe being that solid diagonal line of resistance that most of you are already aware of, if you aren't check out my past few ideas.
💧 The goal is to continue to form support above 0.623 and form a sort of defense there upon which we can get a better shot at potentially breaking that diagonal resistance that's kept us down so long and hopefully get a breakout/ some form of movement back up. We already saw what happened last time we failed to break the channel and tumbled back down, we don't want that happening again so definitely set some alerts and add any markings to your own charts.
💧 That was it for today, just wanted to give you guys the channel and keep it short. Sorry it's not like my usual ideas but again just not really feeling myself today, even so I had to get an idea out for you guys, thank you and feel free to leave a like or follow, helps me out a ton.
~ Rock '
✏️ $GOLD : Important Weekly TA (READ THE CAPTION)By examining gold in the weekly time frame, we can see that the price after falling to $1893 was again accompaind with growth and was able to grow up to $1988! Pay attention that the range of $1977 to $2016 is a very important supply range! For this reason, in the last 3 weeks, the price is showing a negative reaction to this level! It is very important to determine the long-term trend of breaking or stabilizing above $1946! As long as the weekly candle closes above $1946, we can expect price growth! Otherwise, and the break of $1946 and stabilization of the price below it, we can expect a drop to $1934 as the first weekly bearish target! This analysis will be updated again!
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Best Regards , Arman Shaban
HelenP. I Ripple can bounce from support zone and continue riseHi folks today I'm prepared for you Ripple analytics. Some days ago price declined to the 0.7145 resistance level, which coincide with the resistance zone, but at once it rebounded up and made a strong impulse up to the trend line. After the price reached the trend line, it started to decline and a few moments later, the Ripple fell to the resistance zone, thereby breaking the 0.7145 resistance level. Price tried to rise, but it failed, rebounded from the trend line, and continue to decline to the 0.6145 support level, which is located inside the support zone. Later Ripple bounced from the support level and started to rise. Also recently price broke the trend line, made a retest, and now trades near the support zone. I expect that Ripple can fall to the support level again and then rebound up, therefore I set up my target at the 0.6750 level. If you like my analytics you may support me with your like/comment ❤️
XRPUSDT Defies Gravity with 50% Growth Potential💎Following our previous analysis on #XRPUSDT, we can observe a significant development in the price action. The decline was halted at the uptrend trendline, coinciding remarkably with the Volume Profile support level. Notably, prior to this, there was a strong rejection of the 200 Simple Moving Average, establishing a crucial support level at $0.41.
💎As long as this support level remains defended by the bulls, and the Volume Profile support and uptrend trendline continue to be respected, the probability leans in favor of an uptrend continuation. Paradisers, it is essential to acknowledge that #XRPUSDT faces a formidable resistance near the $0.55 area. However, considering the aforementioned factors, the odds currently favor the bulls.
💎Taking all of this into consideration, we can anticipate a potential price increase of 30% to 50% for #Ripple in the coming weeks. It is worth noting that key resistance levels, as often observed, are based on Fibonacci retracement indicators. The nearest Fibonacci resistance level sits at 50%, while the second and most significant level is located at 61.8%. Intriguingly, if #XRP surpasses the 61.8% Fib level, we may witness an exponential price surge of 100% or more.
💎To summarize, a buying opportunity with a strong risk/reward ratio is apparent. However, it is important to consider factors such as multiple bounces off the supply area, which slightly diminish the probability of an uptrend. The MCP team remains vigilant, and #Ripple could potentially be one of the first coins to experience significant movement in the near future.
Revisiting XRPUSDT after our last bullish forecastIntroduction and Context:
💎Since our last analysis of #XRPUSDT, there's been a lot of speculation about the next moves for #Ripple. A month has passed since the pullback, and it's time to delve into the price action once more.
Understanding Key Zones:
💎The previous supply zone around $0.6 has transitioned into a demand zone. This shift indicates that this area might attract buyers.
Conversely, the supply near $0.9 has been staunchly defended by bears. This sets the stage for a trading range with support at $0.6 and resistance at $0.9.
Fibonacci Insights:
💎The price has touched the 61.8% Fibonacci level, a common retracement point. This is significant as it often indicates potential future price movements.
Trend Analysis:
💎The prevailing trend for #XRPUSDT is bullish, characterized by higher highs and higher lows. Given this trend, there's a higher likelihood that the price might ascend again, targeting the $0.9 supply zone.
Potential Downward Movements:
💎If #XRP were to break below the demand zone, we could anticipate a drop towards the 88.6% Fibonacci support level at $0.47. This could be followed by a period of consolidation before any potential uptrend continuation.
Bullish Outlook Invalidation:
💎A significant bearish indicator would be if the price breaks below the $0.41 support. This level is crucial as it's where #XRPUSDT previously bounced off both the uptrend trendline and the 200 Simple Moving Average. It also represents the previous lower low. Unless a new lower low is established, the outlook for #Ripple remains bullish.
⚡ XRP FALLS BACK BELOW. QUICK TA ⚡⚡ Thanks for joining me ladies and gentlemen, today's idea is gonna be pretty clear cut and quick so let's not waste any more time.
⚡ XRP fell back below the main diagonal resistance we added just a few days ago and tumbled back down like I said would most likely happen if we did end up falling below. While that hasn't been too great it's just the market doing it's thing and what matters is that XRP has managed to keep above that 0.62 threshold managing to hold the line in a sense.
⚡ And for anyone interested here's last night's chart I saved just before going to bed, this was nearly 12pm so overnight when trading volume dropped bears took the opportunity and sent us back down the diagonal with a semi-big sell order dropping things.
⚡ That was basically all that was needed and what immediately followed was the tumble back down with another big sell order/set of orders, stop loss orders, etc. Wasn't able to post at night since I was going to bed but wanted to at least save the chart and see what the progression would be in the morning which we now see as having found support above 0.62 thankfully.
⚡ We basically lost our duel again with our main foe here but at one point or another we're gonna beat the hell out of him and move on by, I don't doubt that. First of all though we need bitcoin to break back to $30k, Bitcoin made a push to it last night before failing and falling back to $29,300-400 level's as of currently dragging much of the market down with it. That alongside the SPX continuing to fall today and stocks moving rather sluggish signals to me that traders are sort of in a zone of hesitation, fear which is understandable.
⚡ I have to go attend to something personal but wanted to get this quick idea out in the least, target is to stay above 0.62 and there is no direction, just up is the hope but below 0.62 we likely fall more to 0.61 or 0.60. Feel free to set some alerts if you'd like ofc there. And as always feel free to leave a like and follow, never hurts and simply helps me out, thank you.
~ Rock '
xrp---> what happen after pump?!hello guys...
I choose the weakly time frame to show you this detail!
you can see the xrp break up the descending trendline and break out the rectangle, as you can see the target of the rectangle was 0.66 fibo level touched,
so let me go another time frame!
be with me!
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WHERE WILL XRP GO? (1D)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ICP symbol.
Although it went up very wildly, but it reached the red drawn resistance that I had specified, it was rejected.
Now correcting for our diametric F wave. If it reaches the green zone, you can buy for the rising G wave
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Ripple XRP price has not yet gained the "strength" next riseA bit of time has passed since the rapid rise in the XRPUSDT price and emotions have calmed down, so it's time to take a rational look at the chart.
The previous XRP price increase was surprising only in terms of the time it took to work out, but not in terms of price targets.
Looking at the XRPUSD price chart now, it seems that the correction of the previous growth is still too small. Accordingly, the correction should continue, and the price of Ripple should fall.
After this paragraph, here going to get a lot of dissatisfied "XRP believers" :)
So let's put it this way: with our personal money, we would be ready to buy some XRP for our investment portfolio no earlier than the price zone of $0.59-0.61.
And after that, hold it and wait for the next x2 growth with a desire to sell it in the price range of $1.15-1.25
P.S:
At this stage, we consider "wet dreams" about the price of XRP at $5-10-100 or even $300, to put it mildly, inappropriate. Because then Ripple's capitalization will be larger than BTC, the entire crypto market now, than the capitalization of gold, the US government debt, etc. Hopefully, you have caught the logic and critical thinking.)
But if "somehow" the issue and supply of XRP coins is denominated 100 or even 1000 times, then miracles can happen)
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🤺 XRP MEETS OUR FOE ONCE AGAIN! 🤺🤺 Quick but important idea! Thanks to everyone who tuned in yesterday as well, guys really showed out with the support so thank you for everything, happy to be here for you as always and without further a due ladies and gentlemen, let's chart.
🤺 For today's we'll use a spar emoji, fits appropriately considering XRP's managed to pull up to it's much anticipated fight/foe being that major diagonal resistance line that's held us back so much. Below is the 15 minute chart which is the same as yesterday for the most part aside from a quick annotation of the duel point and a clear view of what's in store.
🤺 XRP's managed to pull up the plane and hit some good height's but that's brought us to our foe which we added in yesterday's ideas the main resistance. That solid black line is our foe. It's what has basically been suppressing XRP prices the past few weeks and prevented us from regaining any solid ground.
🤺 This is the foe we need to beat if we want to continue up or with anything in any manner basically. Till we beat this, we'll keep having to fight and face selling. Consider this a pivot point, it may be diagonal but it still is. We already see how we managed to cross above before getting pulled down to where we've got that fight between the bulls and the bears.
🤺 Bears are trying to pull us back down below while bulls are fighting to keep us above the line as well as the 0.65 level. We're at a pretty pivotal level being that this is where our 0.65 horizontal level and main diagonal resistance lines both intersect and we already know how that can help contribute to a fall or breakout so definitely would set some alerts for 0.6485-9 and 0.653.
🤺 We could also end up sideways trading a bit or forming a new consolidation channel but with us being at the main resistance again something dramatic is most likely gonna have to happen, the last few times we failed to break the resistance we basically tumbled back down so if there's ever a point we want to fight it's here.
🤺 That's basically it today, we just want to keep above the support though that won't be as easy with Bitcoin pulling down some of the market after forming a double top on the local failing to break above and sustain $30,000 so that'll be a challenge for sure but XRP still being up where it is shows that the correlation between XRP and BTC is getting weaker which is great to be honest, doesn't mean it isn't still affected but goes to show XRP's got some strong grip in this battle.
🤺 Set those alerts and if you've already added the marks from yesterday's you should be set analytically. I have to go deal with some personal things but thanks for joining me as always, and remember I'm not financial advisor, just someone who I guess you could say likes looking at squiggly lines and drawing. Always do your due diligence and stay blessed. And feel free to leave any likes or follows, only takes a second and goes a long way with helping me out!
~ Rock '
XRPUSDTXRPUSDT
Ripple, after winning the court, did not particularly show any movements. We had a quite logical and expected rollback down.
If the support of 0.5796 holds, then we will very likely see an increase to the levels of 0.8716 - 1.056 - 1.175
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🔥 XRP REGAINS THE LINE! AND MAIN RESISTANCE! 🔥 🔥 You guys thought I wasn't gonna post today? Sike! Of course I made it! After all, you guys have made it this far enough with me tuning in everyday so thanks for the continued support as always. And sorry for the delay, been busy cleaning the house and helping out the family today but that never stops us, happy to be here and thank you for joining.
🔥 This won't be a long idea anyway but it'll be a good one at least. In yesterday's idea we pointed out the resistance line that was holding XRP back/ we we're having trouble breaking and here's the link to yesterday's chart below for anyone that may have missed or want's to see the before/after.
🔥 The chart aside now I'm happy to see that believing did the trick in a way and we got this good bounce in the market today with Bitcoin regaining/touching that $30,000 mark again today which has been positive pulling up a lot of other crypto's with altcoins leading some of the biggest gains such as XRP notably extending to 0.647 on our 30 minute chart below:
🔥 On the 30 minute chart we should pay mind to that 0.649 mark now being that we've already hit resistance there and that was basically the point from which we had our most recent quick sell-off happen once we fell below 0.650 and the buttons just started hitting sell basically. So add that as a new horizontal level for the local in the least.
🔥 One more thing I want you guys to add is this new solid black line I've added to the chart. Meet our opponent. I don't have any specific name just yet but we'll just say it's an opponent in the least. We just saw how we've broken out from this recent diagonal resistance on the 30 minute but here's our main resistance. Consider the 30 minute our 50 or 100 day ema. And this resistance on the 3 hour chart much like our 200 EMA.
🔥 The 200 EMA line always has a much more significant effect when crossed above or below compared to the 100 or 50. The same goes here. This new mark is gonna be that significant catalyst/allow for a breakout if we can break past it. That or it'll continue to act as a resistance. I haven't done a big picture chart in a few days and thought this may help you guys a bit. Feel free to let me know your idea's below.
🔥 I have to get to some online classes so I'll see you guys later but feel free to leave a like and follow as always, only takes a second and really helps! Have a great day.
~ Rock '
XRP 4HR Analysis: Key Levels: .60 and .66 4HR 200 Moving AverageXRP is currently consolidating underneath a zone created by the BIG run up it had around July 13th.
Next we will make another push higher to and above .66 or get a clear rejection sometime soon down to under .60
Alerts set at .60 and .66
Once Triggered I will watch the 1HR timeframe to anticipate the next move.
RIPPLE - Price can break resistance line and continue to riseHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
Recently price traded inside flat, where it reached top part of flat and started to decline to resistance level.
When price fell to $0.6930 level, which coincide with resistance area, it bounced up, exited from flat, and entered to falling channel.
In channel Ripple broke $0.6930 resistance level and reached resistance line, after which, it bounced down to support level.
But recently it declined to support line and then bounced up to resistance line, where continues to trades now.
I think, that Ripple can decline to support line and then bounce up to $0.6500 level, thereby breaking resistance line.
If this post is useful to you, you can support me with like/boost and advice in comments❤️