XRP Hits $1.3 High Thanks to U.S. Policy and Legal ActionXRP reached a new high of $1.3, driven by Donald Trump's crypto-friendly policy and lawsuits against the SEC by 18 U.S. states. The market outlook with the next target at $2.0 remains valid as long as XRP holds above the $0.785 support.
Article: fxnews.me
Rippleforecast
XRP Could Hit $1 If Bulls Secure Above $0.75Ripple (XRP) held above the 38.2% Fibonacci retracement level, leading to the uptrend's resumption. That said, a close above $0.75 could extend XRPUSD to $1.0.
Please note that the bullish scenario should be invalidated if XRP dips below $0.651.
Article: fxnews.me
Ripple's Bullish Trend Holds Above 100-SMA with Target at $0.565FxNews — Ripple gained 3.7% today, trading around $0.533, testing the upper line of the bearish flag and the 50-period SMA.
On the 4-hour chart, today's price jump created a bullish Fair Value Gap, while the Stochastic Oscillator is nearing 80, indicating a potential overbought condition. The RSI has dipped to 65, just below overbought levels. Despite these signals, XRP/USD remains above the 100-period SMA, maintaining a bullish trend.
Forecast
Immediate support stands at the 50% Fibonacci retracement level of $0.517, backed by the 100-period SMA. If XRP stabilizes below $0.531, the price may fill the FVG near $0.517, possibly reaching $0.511. The bullish outlook holds as long as prices stay above the 100-SMA, with the next target at $0.565 after a brief consolidation.
Support: $0.517 / $0.611
Resistance: $0.548 / $0.565
Ripple (XRP) Bulls Eye Rebound from 61.8% FibonacciFxNews —Ripple (XRP) began a consolidation phase below the 78.6% Fibonacci retracement level and filled the bullish Fair Value Gap at 0.620.
The primary trend is bullish. From a technical perspective, the uptrend will likely resume if Ripple exceeds 0.655. In this scenario, the uptrend could gradually resume toward the $0.7 high.
Please note that the bullish outlook should be invalidated if XRP falls below the 61.8% Fibonacci.
Article: Ripple (XRP) Bulls Eye Rebound from 61.8% Fibonacci
XRP Above 54 CENTS LONG/ BELOW 50 CENTS SHORT MUST WATCH Good morning traders
First time looking at XRP lets get into it. first and foremost it has hit my Daily projection going up, this could be a indication of further shorts to come but is it?
Currently we a bit more depth of our analysis we have found that if we break above 54cents it would make a good long position to the 73 cents range and above. However if we go below 50 cents be expected to drop to the 40 cent range and lower
Always look at both sides because as traders we follow the market in what it gives us not predict it based on what we see
If this video helped you boost, comment, follow, like share
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Have a awesome day trading
Selling the Ripple-SEC Settlement News: A Cautionary TaleThe cryptocurrency market is notoriously volatile, driven by a complex interplay of factors including technology, regulation, and investor sentiment. One phenomenon that can significantly impact prices is the "sell the news" event. This occurs when a positive event, anticipated by the market, fails to live up to expectations or is followed by profit-taking, causing the asset's price to decline.
The potential settlement between Ripple and the SEC is a prime example of a situation where investors should exercise caution. While a resolution to this long-standing legal battle is undoubtedly positive for the cryptocurrency industry, it's crucial to approach any potential settlement with a critical eye.
A look back at the initial ruling in June of last year provides a stark reminder of the risks. Following the favorable decision, XRP surged dramatically, only to reverse course and plunge shortly thereafter. This classic "bull trap" highlights the importance of avoiding emotional decision-making and conducting thorough analysis before making investment choices.
Several factors could contribute to a "sell the news" event in the case of a Ripple-SEC settlement. Firstly, the terms of the settlement may not be as favorable to Ripple as investors had hoped. The SEC's stance on cryptocurrencies has been consistently stringent, and any compromise it makes is likely to be carefully calculated. Secondly, the market may have already priced in a positive outcome, leaving little room for further upside. This is a common occurrence in highly anticipated events, as investors tend to build bullish expectations in advance.
Furthermore, profit-taking is a natural market dynamic. After a significant price increase, many investors will look to realize their gains, putting downward pressure on the price. This can exacerbate a "sell the news" situation, as it reinforces the negative sentiment.
To mitigate the risks associated with selling the news, investors should adopt a disciplined approach. This includes conducting thorough research, understanding the potential implications of different settlement outcomes, and developing a clear investment strategy. It's also essential to maintain a long-term perspective and avoid making impulsive decisions based on short-term price movements.
While a Ripple-SEC settlement is undoubtedly a significant development, it's crucial to approach it with a healthy dose of skepticism. By understanding the potential pitfalls and implementing sound investment practices, investors can increase their chances of navigating this complex market successfully.
Ultimately, the cryptocurrency market remains highly speculative, and past performance is not indicative of future results. Investors should carefully consider their risk tolerance and investment goals before allocating capital to any digital asset.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Conducting thorough research and consulting with a financial advisor is recommended before making investment decisions.
XRPUSD BULLISH MONEY HEIST PLANMy Dear Robbers / Traders,
This is our master plan to Heist XRPUSD Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Stop Loss : Recent Swing Low using 4h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
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XRPUSD Ripple/US Dollar Bearish Side Money Heist PlanMy Dear Robbers / Traders,
This is our master plan to Heist XRPUSD Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Green Zone that is High risk Dangerous level MA act as a Dynamic Support & Order Block, So the Market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: Day traders & Scalpers If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan,
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money Use Trailing Stop To Protect Looted Money and wait for next breakout of dynamic level / Order Block, Once it is cleared we can continue our heist plan to next new target it will update after the Breakouts.
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XRP Update: Waiting Game Between $0.47 and $0.56!
XRPUSD is neutral int he daily chart and as long as it is trading between $0.4722 and $0.5603, XRP will lack the momentum.
A bullish break-out of $0.56 will lead to $0.6642, a very important levels in different timeframes.
If Bitcoin will decline, XRP has a potential to revisit $0.4722, the daily support zone.
Below $0.4722 zone, XRP is the bearish.
XRP Intriguing Intraday: Slow Moves Ahead or Breakout to $0.55?The intraday chart is slow and choppy.
1. A downward move to $0.5044, followed by bullish rejection, could propel XRP's price back to $0.5276, however price action is likely to be sluggish and choppy.
2. A bullish momentum and a breakout above $0.5276 will lead XRP to $0.5549.
3. Conversely, a dip below $0.5276 may intensify bearish sentiment towards $0.4770.
More details in the signature!
XRP: buy in low renge📊Analysis by AhmadArz:
🔍Entry: 0.5878
🛑Stop Loss: 0.5668
🎯Take Profit: 0.6025-0.6247
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
Do you believe the x2 growth of the Ripple XRP price ?The XRPUSDT trading pair is very specific, it moves as it wants and when it wants, regardless of the market trend.
The abnormally large issue of 100 billion coins, half of which are currently in circulation, makes XRP "clumsy".
But this does not prevent XRP from having a large caste of fans who believe that "soon" the price of XRPUSDT will reach $10, although they have believed in this since 2017 and may have been holding it since then ;)
Miracles rarely happen in the world, but perhaps the XRPUSDT price is again preparing for a rapid x2 growth to the $1 area ?)
What do you think? It was really good in the summer, can they do it again?
XRP → Ripple Target Set to $0.75!? Let's Maximize Your Profits.Ripple has its sights set on the Resistance Zone at a price range of $0.715 to $0.75! We're currently breaking out from the Bull Channel to the upside. Do we long now?
How do we trade this? 🤔
If you're going to long, Do it at the close of this 4HR candle in 30 Minutes! The best place to long would have been a couple of candles ago when the price was at $0.63 to $0.635, giving us a 1:3 Risk/Reward. A long now could still render a 1:2 Risk/Reward which is still reasonable! However, the position size needs to be smaller to accommodate the larger distance to the Stop Loss.
Zoom into the 4HR chart and look for this candle to close in about 35 Minutes. If it closes above the Bull Channel, enter a long and set your protective stop below the Daily 30EMA. Go for a 1:2 Risk/Reward Ratio which sets a Take Profit target around $0.72. Be prepared to take profits once we approach the Resistance Zone, look for Bear signal and confirmation bars that tell us the move is over and it's time to exit!
💡 Trade Idea 💡
Long Entry: $0.6533
🟥 Stop Loss: $0.6200
✅ Take Profit: $0.7200
⚖️ Risk/Reward Ratio: 1:2
🔑 Key Takeaways 🔑
1. Bull Channel, Bias to Long!
2. Price is currently breaking out, Target Resistance Zone.
3. Forming a Cup pattern, likely going to retest previous High.
4. RSI at 65.00 and above Moving Average, Bias to Long.
5. Target 1:2 Risk/Reward, Stop Loss below 30EMA.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
Like 👍 and comment if you found this analysis useful!
XRP Ripple Technical Analysis And Trade Idea NAS100Lately, XRP (Ripple) has demonstrated a strong upward trend. This video provides a detailed analysis of this trend, thoroughly examining price movements and revealing potential trading chances by extensively studying both weekly and daily timeframes. Anticipate a thorough assessment of price changes, market trends, trend analyses, and crucial technical analysis components. It's crucial to emphasize that the content presented here is strictly for educational purposes and should not be interpreted as financial advice.
XRP (UPDATED!) → Ripple Higher Highs! Long the Moon Candle!?Ripple has formed another pattern for us to take advantage of! My previous analysis showed a bear channel followed by what looked to be a forming double bottom. Now we have an ascending channel that appears to be putting in a second higher high.
How do we trade this?
We have most of the pieces we need to long with one crucial exception; the bull confirmation candle. The ascending pattern, higher highs, price above 30EMA and 200EMA, and RSI above the Moving Average, are all requirements for the long entry and we have them on this chart.
Things to watch out for . Bitcoin as a leading indicator is at its Weekly Resistance, we need to be aware that if Bitcoin reverses here, it could stall market sentiment to the upside. Be ready to respond to a bear signal and follow through with any such long position.
Trade Idea
Long Entry : $0.62
Stop Loss: $0.60
Take Profit: $0.66
Risk/Reward Ratio: 1:2
Key Takeaways
1. Three Legs Down, Trend Reversed.
2. Two Higher Lows, confirming the second.
3. Price above 30EMA and 200EMA. Wait for a Confirmation Candle.
4. RSI at 55.00 and above Moving Average, Bias to Long.
5. Target 1:2 Risk/Reward.
You are solely responsible for your trades, trade at your own risk!
If you found this analysis helpful, click the Boost button and let us know what you think in the comment section below!
XRP CALM BEFORE THE STORMXRP recently broke out of its down-ward channel. Its now aiming for the $0.7 price point with analysts predicting up to $10k per XRP but realistically will be more like $10 or $100 price point. With that all being said, it is still very possible to reach 3,4 or even 5 digit price point as XRP is still very undervalued.
XRP Aiming for $0.73? Don't Let the Bear Channel Fool You.XRP has been marching to the downside for weeks and it would seem there's no end in sight. Except that we're currently sitting on what *used* to be a resistance zone of $0.55-$0.57. RSI is around 40, Bitcoin could fall to $35,000, the million-dollar question is (hopefully literally):
How do we trade this?
If our only point of analysis is the bear channel, then we would always be looking for a short, which is reasonable. Several other data points interfere with that bias. XRP is currently sitting on what previously was resistance that is now being tested as support; in the $0.55-$0.57 price range. We also have 4 pushes to the downside (you could argue 3 and this is the double bottom) which is a reversal signal that we should watch out for.
Bitcoin is also facing a potential pullback which as a leading indicator, could hinder XRP's ability to mobilize to the upside. The RSI is also around 30.00, a weak indicator on its own, but supports the other data points in this analysis. This is why we should wait for a bull signal and confirmation bar at support before rushing into a long position. We need that confirmation to increase our probability of profit.
Key Points
1. In a Bear Channel, but 4 pushes down complete.
2. Currently Testing Previous Resistance Turning Support.
3. Wait for Bull Signal and Confirmation
4. RSI at 30.00, Reversal to the Upside Probable.
5. Use Caution, Bitcoin could fall further and take XRP with it.
You are solely responsible for your trades, trade at your own risk!
Let us know what you think in the comment section below!
Ripple: Analyzing XRPUSDT Current TrendsRipple has recently undergone a notable surge, ascending from $0.47 to $0.73. BINANCE:XRPUSDT now enters a consolidation phase, let's delve into a analysis of its current position and potential future movements.
Technical Overview:
On the daily timeframe, BINANCE:XRPUSDT is revealing the formation of a compelling rising channel structure. This pattern often indicates a period of consolidation and can offer insights into potential future price action.
Key support for this channel is notably situated within the $0.53 to $0.58 range, highlighting a crucial zone.
Support and Resistance Levels:
Support Levels: The strength of the channel support becomes evident at the $0.53 and $0.58 levels, providing a foundation for the ongoing consolidation.
Resistance Levels: Significant resistance levels are identified at various points along the Fibonacci retracement and the channel itself.
These key levels are situated at $0.62, $0.66, $0.73, $0.82, $0.93, and $1.16. We should keep a keen eye on these levels as they can play a pivotal role in determining the direction of future price movements.
Interpreting the Rising Channel:
The rising channel pattern suggests a delicate balance between buyers and sellers. Traders will closely monitor the price action within this channel for potential breakouts or breakdowns. As of now, the channel serves as a roadmap, guiding us through the intricacies of Ripple's current market sentiment.
Ripple's CRYPTOCAP:XRP is presenting a scenario ripe with opportunities. Understanding support and resistance levels, particularly within the context of a rising channel, is crucial for making trading decisions. As always, risk management and staying attuned to market sentiment are paramount in navigating financial markets.
Happy trading!
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!
XRP Shows 3 Rising Wedges - Time to Long!
XRP is showing not one, but three rising wedges that have the potential to skyrocket its price! This is a moment we've been eagerly waiting for, and I believe it's time to seize the moment and long XRP.
Now, let's dive into the details and explore why this opportunity is so thrilling. Rising wedges are a powerful bullish pattern that often indicates a forthcoming upward trend. XRP has formed not just one, but three of these patterns in recent days, which is a rare occurrence. This suggests a strong bullish sentiment building up among traders, making it an opportune time to consider a long position.
Each wedge indicates a higher low and a resistance level that is consistently being tested. This repetitive pattern signifies that buyers are becoming increasingly dominant and are likely to push XRP's price higher.
So, why should you consider long positions on XRP? Well, apart from these rising wedges, there are several other factors that make this an enticing opportunity. XRP has been gaining significant momentum lately, with positive news and partnerships driving its growth. Additionally, the overall market sentiment is turning bullish, and XRP has historically been known to outperform during such market conditions.
Now, here's the exciting part: I invite you to take advantage of this incredible opportunity and consider going long on XRP. However, as with any investment, it's essential to conduct your own thorough analysis and risk assessment before making any trading decisions. I encourage you to review the charts, analyze the indicators, and set your stop-loss and take-profit levels accordingly.
Remember, timing is crucial in the world of trading, and this moment seems ripe for a potential upward surge in XRP's price. So, don't miss out on the action! Keep a close eye on XRP's price movements and make an informed decision that aligns with your trading strategy.
If you have any questions or need further insights, feel free to comment below. I'm here to offer support and discuss any trading ideas you may have.