XRP is about to go BOOM! This chart is looking as good as slice of cherry pie with a scoop of ice cream and a shot of rum!
Don't put all your baskets in one egg! (You know what I mean!)
Ripple
🏊 XRP STILL SWIMMING 🏊🏊 XRP is still swimming, what more can I say. Thanks for joining ladies and gentlemen, appreciate it. This won't be long.
🏊 Pretty good stuff going on today as XRP's getting what looks like some big buy ins, that with Bitcoin leading the way being at $26,346 now up $600 the past 24 hours alone signaling another buy in from whales, entry.
🏊 There's no news specifically that would point to why Bitcoin or XRP are doing what they are but it's possibly with the anticipation of a Bitcoin ETF coming out soon within the next few months if not sooner.
🏊 Crypto and the general market continue to face macro headwinds keeping prices down but that isn't stopping the crypto's from being used and actively traded. For example, XRP alone last month in August made significant headwinds with regards to daily volume with XRP as a report by Kaiko revealed that even with the pullback XRP's received since it's quick jump to $1.
🏊 XRP's trade volume was $462 million last month which alone was higher by 4x then the next largest altcoins by trade volume with solana following behind at $128 million respectively, this was validated/calculated by the on-chain market data tracker Kaiko. It may just be volume but it's great to see considering it proves that XRP is still holding that Alt-coin lead, especially thanks to it's utility of being able to send and receive xrp virtually anywhere in the world for payments and remittance's, etc. Attached below is the link to the source:
u.today
🏊 Even with the apparent buy in and support, we still have this diagonal resistance to face, I've added the marking today point out the support below and the diagonal line above which has proven to be nothing but resistance keeping us down. That's what we want to break past for a break out and in order to regain the 200 EMA which would help us recover price's though Bitcoin would also have to do the same first for the market and whales to get the confirmations most are likely waiting on.
🏊 In the last we're still above 0.50. We did have two apparent drop downs below but even with that 0.495 holding out and keeping support we managed to pull up above 0.50 and get the move's we're seeing today. Looks mostly like whales or someone big is trying to get us to regain that 200 EMA which is totally reasonable, it's a bullish attempt and hopefully it works out, if not we'll have that 0.50 battle again and we may not get as lucky if we have to meet that 0.495 level again. Hopefully that's not the case but would add the markings to your own charts anyway.
🏊 Leaving the chart there for now, I've set my alerts for 0.50 and 0.495-6. Said this wouldn't be too long and it won't so that's it for today, but thanks for joining me as always even if it's only a few of you guys, I always appreciate it. And feel free to leave any likes or follows.
~ Rock '
XRP - Follow The Trend 🏹Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
on Weekly: Left Chart
XRP has been overall bullish from a long-term perspective trading inside the rising wedge pattern and it is currently sitting around the lower bound / blue trendline.
Moreover, the zone 0.5 is a strong support and round number.
🏹 Hence, XRP is sitting around a strong area to look for buy setups as it is the intersection of the green support and lower blue trendline.
Thus, we will be looking for buy setups on lower timeframes as long as the 0.46 support holds.
on H4: Right Chart
XRP has been stuck inside a range.
For the bulls to take over short-term, we need a momentum candle close above the last minor high in red.
And then, for the bulls to remain in control from a medium-term perspective, we need a break above the last major high in blue around 0.56.
Meanwhile, until the bulls take over, XRP would be bearish and can still dive inside the 0.46 - 0.50 support zone.
📚 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
XRP will hit $4 in the next bull runI can't think of any reason why XRP won't hit $4 in the next bull run. As you can see on the weekly chart, XRP has formed a double bottom pattern indicated in the blue color. Also, XRP has formed a bullish symmetrical triangle targeting 4 in the next bull run. Stochastic RSI indicator on the weekly frame is oversold. I am not saying that there is no room for correction back to 0.35 / 0.40 areas. That is very possible and it would be a great price to buy
🔥 XRP STILL CONSOLIDATING 🔥🔥 Hope everybody enjoyed labor day, you already know though, we're back at it again. Thanks for joining in with me today ladies and gentlemen.
🔥 Don't have too much time today, busy as usual so today's write up is gonna be pretty simple.
🔥 As TA stands right now we're doing alright, we have lost that 200 EMA no doubt but what matters is that we've managed to keep above that 0.50 blue dotted line, proves to show that we do have good support above 0.50 but once you fall below 0.50 it gets a bit tricky no doubt.
🔥 Below 0.50 and we risk falling much like we did on the 1st day of september in the chart but a couple big sell orders did also contribute to that so that is important to note, if we we're to fall again I would be looking to that 0.492 level and 0.486 below for support, below that it'll likely start a sell-off.
🔥 Did get close to 0.515 though after we've failed to establish any higher high's simply forming what slightly resembles a head and shoulders on the chart though that doesn't take into account the 0.50 support bounces we've been getting so we're still in that gray area I've been mentioning. Chances are again we'll just keep trending till some news makes or breaks us.
🔥 If we can manage to regain the 200 and pull up past 0.51 for a third time I will be looking to 0.5145 as well as the bottom of our consolidation channel above to identify whether or not we break that resistance there or get pushed back down.
🔥 Everything considered TA and news wise what matters is that XRP's keeping above 0.49 and 0.50 which has been the main goal. The longer we stay here and avoid falling further the better our chances of pulling up soon get but regardless like I've been saying it'll likely take a news catalyst for things to get triggered like that. We saw how Grayscale impacted the market before a lot of people took profits or sold out their positions pulling us back down to where we're at. So it'll likely take more news and better news to get us moving again but what matters for now is that we're keeping that support.
🔥 I've got to go but wanted to get something out real quick for today in the least, hope you guys are all doing well, and you already know you can leave a like or follow if you'd like, and if not, then just keep well and have a good one.
~ Rock '
RIPPLE - Price can bounce up from support area to $0.5550Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
A few time ago price traded near $0.6255 resistance level inside resistance zone, but later it broke this level and made strong downward impulse.
Ripple broke $0.5035 level too and fell to support line of triangle, but soon bounced higher of this level.
Then price some time traded near $0.5035 resistance level, which coincided with support area, and even rose to resistance line.
But recently price declined below $0.5035 level, thereby breaking this level and at the moment it trades below.
I think that Ripple can make a little movement down and then bounce from support area to $0.5550, breaking resistance level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
XRP- 0.4 is still my targetOn my 21st of August XRP analysis, I said that after the drop-back under old resistance, which should have provided support, the coin is not looking good at all and the more likely scenario is a down continuation to 0.4 next support.
The coin, as expected, tested the old resistance from 0.55 and dropped again.
Now, we are in a small correction from the recent drop, and if/when we dive under the flag's support, a continuation to 0.4 is the most probable scenario.
In conclusion, sell rallies remain my preferred strategy and as long as the price is under 0.55 I will stay bearish.
My 21st August analysis:
Ripple can rebound up from support line and exit of pennantHello traders, I want share with you my opinion about Ripple. Observing the chart, we can see that the price some days ago price rebounded from 0.5080 current resistance level and started to trade in a big range. Inside the range, the price made the correction and later rose to the 0.5340 resistance level, which coincided with the seller zone. After this price broke this level, thereby exiting from the range and reaching the resistance line of the pennant. Then Ripple rebounded from the resistance line and in a short time declined to the support line of the pennant, breaking 0.5340 and 0.5080 levels. Later price rebounded from the support line and rose to the resistance line, but recently it rolled back and now it trades very close to the resistance area. In my mind price can rebound up from the support line to the resistance line, which coincides with the resistance level, and try to break them. After the breakout, Ripple can make retest and continue to move up. For this reason, I set up my target at the 0.5200 level. Please share this idea with your friends and click Boost 🚀
A 'major breakout' in XRP will occur on or around...I'm calling this prediction the 'Phi Breakout.' On July 2nd I predicted a false breakout and a major breakout would both occur in XRP. Although my dates were wrong, the false breakout occurred on July 13th. I'm now adjusting the date for the major breakout based on my mathematics.
I'm predicting that on or near September 22nd 2023 we will see the 'major breakout' in XRP that we have all been expecting. Here's how I came to that assessment.
The Ripple/SEC case was settled on July 13th, which was the 164th day of the year.
164 days times Phi (1.618) = 265.35 which would be September 22nd at 8:04 a.m.
I also believe based on my math that another event will occur with XRP on February 18th 2024 which would be 265.35 (Sept 22nd) times PI (3.14) which would be 514.96 or February 18th 2024 between 10:57 p.m. and 10:58 p.m., but I'm not sure what it's going to be yet, so I will reassess later assuming my September 22nd prediction is correct.
So, we'll see if my theory about using sacred geometry to predict price movements in stocks/cryptos proves to be correct, as that 'major breakout' prediction date is only weeks away.
Happy trading folks, this isn't investment advice, just my theories!
💥 XRP CRITICAL POINT FOLLOW UP💥💥 Quick and short idea for you guys today, so thanks for joining me real quick ladies and gentlemen.
💥 Just a quick follow up from yesterday's idea in which we honed in on the fact that XRP was indeed at a critical point on the 2 hour timeframe being that we we're at a rather important juncture/point of support which did and has ended up proving true as we look at our current chart. Below is the 15 minute chart:
💥 Based off the chart above we can note how we did indeed regain that 200 EMA on the 15 minute shortly after making waves above our dotted blue horizontal level of 0.50. We did lose it ounce but after bouncing from that 0.50 again we regained the 200 and got a nice boost up to 0.51 before retracing a bit to where we're at right now.
💥0.506 is going to prove to be another resistance for us, especially being the last time we we're down here it took a break above 0.506 before we got that big move up and it'll likely take the same this time around is past price action proves right.
💥 In the least I'm looking for us to hold above 0.50 but if we fall we'll be in another tumultuous battle and risk falling further if we lose that 200 EMA so definitely hoping we don't, at least on the 15 minute chart. And if we get the chance to climb further look to the bottom of the consolidation channel to act as resistance and support if we enter it.
💥 That's it for today's idea, I did say it was going to be short and I keep my word. So thanks for tuning in as usual, feel free to add any annotations or markings to your own charts, thanks and always be sure to do your own due diligence! Thanks and feel free to leave any likes or follows, simply helps me keep pushing.
~ Rock '
Ripple XRP vs. SECXRP From 13-07-2023 to 18-08-2023
Disclaimer:
This is for educational purpose only.
This is not a financial advice.
XRPUSD Analysis 3Sep2023After the last analysis last month, the price of XRP did soar and there was currently a correction period. There is a change in Elliot's notation from the old analysis. I think currently there is a zig zag correction with invalid limits under Wave II. For those of you who transact in the Spot Market, there is a chance to Long to see the current price approaching the bottom. Adjust your budget to be able to do AVERAGING later.
XRP BREAKOUT WILL BEGIN IN OCTOBER 2023XRP will breakout of the descending wedge pattern it has been trapped in since Dec 2017 on or near October 23rd 2023. A false breakout will occur first on or near Aug 28th, which will fail at around .65 cents. It will then drop back into the descending wedge pattern bottoming around .50 before the final breakout occurs on or near Oct 23rd.
XRP will go on to set a new all time high before Christmas, and will most likely break the double digit level for the first time ever.
It will be a very Merry Christmas indeed! Remember I told you so...
XRP's Uncertain Future: A Bear and Bull Case Analysis..XRP's Uncertain Future: A Bear and Bull Case Analysis
After a long-awaited court ruling in July, cryptocurrency enthusiasts had high hopes for XRP's resurgence. The Securities and Exchange Commission's (SEC) case had cast a shadow over XRP for over two years, but many believed the coin would effortlessly cross the $1 threshold this year. However, the reality has been quite different.
Over the past 30 days, XRP's value has dropped by a staggering 25%, now hovering around $0.54. This drastic decline has raised questions about the coin's future. In this article, we'll explore both the bear and bull case scenarios for XRP.
The Bear Case for XRP
Firstly, it's essential to reconsider XRP as a short-term momentum play. Investors who bought into the optimism generated by the SEC court ruling in July and August are now facing significant losses. While overall sentiment towards XRP has improved, the path to $1 seems much more challenging than initially anticipated. Despite a mid-July surge, XRP finds itself nearly where it started at the beginning of summer.
The protracted SEC court case undeniably damaged XRP's prospects. In December 2020, when the SEC initiated its case, XRP was a dominant player in the crypto payments sector. Its Ripple payment network offered efficient, fast, and cost-effective cross-border transactions. XRP was also forming partnerships with key financial service providers that recognized the transformative potential of blockchain-based payments.
However, since then, numerous blockchain competitors have emerged, offering even faster and cheaper transaction capabilities than XRP. Additionally, some initial partners, like MoneyGram International, severed ties, likely due to the legal uncertainties of the SEC case. This left XRP vulnerable to fresh competition. To compound matters, the SEC has announced its intention to appeal the July court verdict, keeping XRP in regulatory limbo.
Nevertheless, XRP's underlying Ripple network still offers practicality for facilitating payments. Despite losing some financial service partners, XRP continues to secure new collaborations. Notably, Western Union has expressed interest in potentially integrating XRP into its payment infrastructure, potentially revolutionizing international money transfers for the better.
Moreover, XRP can benefit from macro trends like de-dollarization and the rise of central bank digital currencies (CBDCs). Integration into de-dollarization and CBDC initiatives worldwide could significantly enhance XRP's long-term growth potential.
For example, the BRICS coalition (Brazil, Russia, India, China, and South Africa) aims to develop a digital payment system for rapid cross-border transactions, reducing dependence on the US dollar. XRP's blockchain technology aligns well with this vision, leading some to speculate about XRP surpassing its historical peak of $3.84.
The Bull Case for XRP
Assuming no unforeseen setbacks, XRP could find a niche in the financial services sector, particularly in cross-border remittances. Digital remittances represent a potential $135 billion market, but investors may prefer safer avenues like Western Union, avoiding the risks of the crypto space. Many emerging market ventures that could incorporate XRP remain speculative at this point.
In conclusion, XRP remains off the radar for many investors, and some are hesitant to consider it a viable long-term investment. XRP's path ahead is undoubtedly an uphill battle, with numerous altcoins priced under $1 showing more promising long-term growth prospects. Investors should carefully evaluate the risks and rewards before considering XRP as part of their portfolio.
💥 XRP CRITICAL POINT 💥💥 Thanks for tuning in today ladies and gentlemen, today's idea won't take too long! It's gonna be a quick one, thanks.
💥Here we're looking at XRP on the 2 hour timeframe for a bigger picture point of view and from what we can infer here XRP is at another juncture/ critical point being a point that'll help determine whether or not we move back up or down, either of which may be pretty dramatic.
💥 We're right back at that same support we'd found just a week or two ago being just above that 0.485 mark on the 18th of August, that's where we last found that major support before kicking back up and it's looking about the same right now with the wicks extending towards the bottom signaling more buy pressure there than sell but that doesn't mean we're out of trouble yet as always.
💥 The last time we we're down here we had that fight with 0.50 and it took a solid and clean break above to get that breakout and it'll likely take the same thing right now with us being stuck between 0.492 and 0.50 as traders try to make or break above.
💥 Seems like the market's also just been a lot more wary lately as we see how volume wise we've had a lot more selling recently than buying with buying looking pretty week compared to the last week or two of last month. Traders are definitely waiting for more signals or confirmations before making any trades which is understandable, the market is still in that gray area unsure but in the least it's found support above 0.50 again which can act as another test of support which would be great if we could get that confirmation.
💥 I've got to go but wanted to leave the idea there at that at least with some quick notes for today before I get going, but there's no goal for today, just to stay above 0.47-8 and hopefully break that 0.50 and our next horizontal levels above as always. Again things are being a bit grey right now and it'll likely take some news for things to fire up again as usual but till then, we'll keep doing our best.
💥 Thanks for tuning in as always, you already know, if you'd like to leave a like or follow, share it'd really help me out, but if not that works too, just keep well and do your best!
~ Rock '
Support Reactions Amidst Bearish MarketAfter experiencing an impressive growth spurt of 100%, Ripple saw a rapid decline in demand. Even within the predefined support ranges allocated for this digital currency, its reactions were transiently positive, failing to muster sufficient demand for a renewed test of the resistance thresholds. While the initially earmarked support levels exhibited a complete responsive behavior, the absence of substantial upward price movements above these levels raised the prospect of a breach, potentially causing them to transform into barriers of resistance.
Furthermore, Ripple's price broke out of its short-term bullish channel and exhibited a favorable response upon encountering support around the $0.45 range. It's important to acknowledge that Ripple's trajectory is influenced by prevailing bearish market conditions, indicating a bearish trajectory unless a substantial rebound propels it beyond the $0.60 threshold. Considering the trends observed across weekly and monthly timeframes, there remains a distinct possibility of price contraction towards its crucial support level.
In tandem with these developments, the Relative Strength Index (RSI) currently rests at the 33 level. This RSI reading signifies that Ripple's prevailing price conditions may be verging on oversold territory, hinting at a potential period of weakness in its price trend.
Good luck.
The charts in XRP has changed, it's going down to...The charts in XRP have made some drastic changes in the past few weeks. However, for long term hodler's this will be another great buying opportunity, and for swing traders this will be the icing on the cake if you appropriate your trades correctly.
I think we are about to see XRP drop back down to a low of .3735.
Don't put all your eggs in one basket!
RIPPLE - Price can bounce from support line and leave triangleHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
After price bounced from support line, it rose to resistance line of wedge and started decline to $0.6255 resistance level.
Ripple broke this level and fell to support line, but at once bounced back, exited from wedge, and some time traded near resistance area.
Later price broke $0.6255 level and fell below support level, which coincided with $0.4960 support area, to support line of the triangle.
But then Ripple bounced higher $0.4960 level and now price continues to trades in triangle near support line.
Possibly price can grow to resistance line and break it, exiting from triangle and after this make retest.
Then Ripple can continue to rise to $0.6255 resistance level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
XRPUSD waiting for confirmationRipple perform short term bullish with Ascending triangle pattern, and also almost reach major resistance trendline.
to perform strong bullish movement, XRP need to break this resistance and break up ascending triangle pattern as bullish confirmation above 0.5528
We have 2 target for this setup, 0.6380 at previous resistance and 0.7317 around fibonacci resistance
If you have any question about this analysis, feel free to contact me
Happy trading
💥 XRP Tumble 💥💥 Thank you guys for joining in quick today, hope you ladies and gentlemen are doing alright, this won't take too long.
💥 following up from yesterday's idea we noted how XRP had exited from that descending channel however we failed to keep ahold of that 200 EMA thanks to low support with bears taking the lead as we fell through each horizontal level one by one as you can see, we'd battle sometimes then fall below and then it'd be a fight at that level and so on. The chart speaks for itself.
💥 XRP fell through the levels one by one and with that last loss of the 200 EMA we formed a mountain fall which ended up seeing us reenter the consolidation channel and rather quickly falling out of it by which once we did exit the channel that seemed to be some pretty good sell confirmation for whales and they definitely took that opportunity sending us down real hard on XRP and Bitcoin alike.
💥 XRP did find it's support above 0.50 cents again which is nice but still crazy to see that kind of sell volume though it's understandable, thus we've ended up down where we're at now, Bitcoin itself led the fall quickly falling from $27,100 down to below $26,500. Definitely seems like a planned sell by a quick of whales/institution, just a part of the market sometimes.
💥 All I'm watching for now is that we keep above 0.50 and 0.505 respectively, any lower below that and we risk a big chance of another sell-off. As of currently technical wise we've overextended away from that 200 EMA on the 15 minute in my idea and I'd expect us to at least get some kind of pull up and regain the 200 EMA in a couple of days if we're lucky.
💥I don't have any levels down here aside from that resistance at 0.515 and 0.514 but for now look to 0.51 as that point we want to break and hopefully form support above again. I know after big moves like this the market likes to consolidate and trade sideways a bit searching for the next move which will likely use the news as the next catalyst for whichever move/direction we may move. That or just whale activity. It's not easy being in a market like this but at least we know it's got it's good and bad days and we just have to face them best we can ourselves and not give up.
💥 I'm leaving the idea here for now but again watch 0.50-0.505 for support and 0.51 for that resistance with my other levels above forming resistance if we climb back up to them which will likely happen at one point or another. That's all for today, have a great day and remember, keep faith and never let something small ruin something way bigger. Always do your due diligence and stay persistent. And thanks for tuning in, you already know your free to leave a like or follow and if not, that works too, just keep well.
~ Rock '
XRPUSD Analysis: Navigating Bullish Long-Term TrajectoryThe outlook for XRPUSD is under scrutiny, with a firm long-term bullish sentiment. A strategic analysis reveals key insights that we should consider for informed decisions.
📈 Long-Term Bullish Stance
The long-term perspective on XRPUSD presents a bullish trajectory. This suggests potential opportunities for investors looking to profit on upward price movements.
💼 Medium-Term Scenario: Upswing and Correction
In the medium term, a notable upswing is anticipated. However, traders are advised to stay cautious as a potential correction could follow. This cycle of surge and retreat demands calculated decisions.
🎯 Critical Levels to Watch
Buy/Support Level: For those considering entry, a key long-term buy/support level lies within the range of $0.20 to $0.22. This zone offers a potential strategic entry poin t.
Sell/Resistance Level: On the flip side, a crucial long-term sell/resistance level is identified at $3.20. It's a point where traders might consider profit-taking or reassessing their positions.
🔑 Breakout Potential: Bullrun Over 2024-2025
Remarkably, if the bullrun maintains stability throughout 2024-2025, the price might defy expectations and surpass the $3.20 resistance. This potential breakout could open doors to further gains.
🔍 The Path Ahead
As the XRPUSD journey continues, prudent investors should keep an eye on these critical levels and monitor market dynamics closely. Strategizing in line with these insights can enhance your trading edge and potentially capitalize on both short-term fluctuations and long-term growth.
Remember, successful trading requires careful analysis and adaptability to evolving market trends.
XRP bear flagXRP formed another bearish flag should we worry. XRP came up to levels before winning the SEC court case. Lets wait and see how it plays out, I am currently neutral on XRP until the overall trend is confirmed
XRP update: The pump WILL come. With or without SEC FUD.It's time to look again at good old XRP, the historically most brutal coin to hold, and it again does confirm its reputation.
The price action of XRP has been really subpar compared to some other coins, that have already seen strong rises, in accordance to the rise of BTC to new all-time highs.
This is of course largely due to the SEC vs Ripple case, and the subsequent delisting of XRP from american exchanges.
However, I am convinced that XRP will see epic pumps, no matter what happens in the future with the SEC lawsuit.
First of all, I am following the case and it looks as if either Ripple wins or settlement happens with a probability of close to 100%. The SEC are total clowns that have an extremely weak case,
and actually they are now even under scrutiny for suspicion of corruption as a direct result.
But chart-wise, what XRP is doing, is nothing new. This coin always was insanely stable in BTC runups, and then after everyone had given up, see insane short bursts of extreme rise in the matter
of mere weeks. This is the modus operandi of that coin, and we all knew it would be hard to have XRP.
Also, historically it was always one of the very last coins to pump in a bullmarket. Actually one could even say: When XRP has pumped, the bullmarket is over. Being the last coin to pump, this statement
could be verified again pretty soon.
I mistakenly thought that we would get a 2017 repeat. However, BTC is NOT doing a 2017 repeat, this rally is really different from 2017. It looks more like a weird version of 2013. So, why shouldn't the correct
XRP behavior also lie as far back as 2013, which is relevant to our analysis?
In 2013, we can actually see some fascinating stuff that happened. XRP made an insanely similar structure to what it is doing now !
I marked it with the two ellipses. First fake pump, then dump to a lower XRP/BTC ratio. Then from there pump, retrace, another smaller pump, and by that logic, we should soon see a dump, followed by
an outrageous pump.
Fascinatingly, this would coincide with a very likely BTC dump, before the epic pump towards the end of the year.
I also expect the US dollar DXY to further weaken and further fuel the crypto rally. Everything is aligning nicely and XRP will be again one of the last coins to pump, but I still believe that the reward for all
people that were insane enough to hold this coin through all that brutal time, will be extremely high.
