XRP Chopping Up: XRPBTC Breakout OVERDUE📉Hi Traders, Investors and Speculators of Charts📈
XRP is notorious for pumping and dumping, but even after the wallet "hack" of Chris Larsen, the price is still making higher lows.
From a macro perspective, we can clearly see the price increase - gradually, but we're stair stepping up. XRP usually dumps harder than BTC when there's a correction and the XRPBTC chart is still in prison. However, if we consider this chart, it is more likely that XRP will GAIN ground n BTC soon, instead of weakening more against BTC:
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BINANCE:XRPUSDT BINANCE:XRPBTC
S-XRP
XRP has formed a Bullish FlagXRP has formed a Bullish Flag. In the near future the price can break above the resistance.
🔵Entry Zone 0.5678 - 0.5351
🔴SL 0.5103
🟢TP1 0.6400
🟢TP2 0.6800
🟢TP3 0.8000
🟢TP4 0.8800
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Chop, 15min chartScalp long, then short then long, then short then to mars
We’re not done chopping yet, this coin is building some support above $0.50.
However judging by past movements we could, (will probably still see) the spike down along with BTC before takeoff.
Right now we are just scalping but we’re getting down to the limit where you’ll wish you invested more in XRP over the years as we will most likely never see $0.50 again.
I imagine a push up to the purple line before some resistance. And pull back to $0.53 area or a bit lower. (Even $0.28 isn’t out of the question)
After that a strong push to $0.80 then possible a massive sell off like back on NOV, 3rd or 16th in 2017
After the sell off a tap to an absolute low (DEC, 6th, 2017) then the sky is the limit.
All of this is not FA but keep in mind we could still not have the retracement and push up to $0.80 and beyond this is just my thinking.
Good luck and have fun with it
XRPUSD: Bullish Gartley Recovering Support LevelXRP is currently taking back a Daily Support Zone after rebounding from the PCZ of a Bullish Gartley. Though the setup looks nice, it should be noted that the entry here is a bit late overall in relation to the PCZ so in trying to catch this late move it will be best to use a tighter stop in hopes that the upwards moves accelerates above the Support Zone but if it doesn't, XRP may come back down to the PCZ of the Gartley and in such a case we'd want to stop out early so that we may reposition lower.
Ideally XRP will make a move towards the 0.786-0.886 from here but it is very possible that we see Fibonacci Extensions such as the 1.618 which would take XRP up to $1.26 per coin.
XRP WILL PUMP WITHIN 2 WEEKS!!Looks like a massive pump will come withing the next 2 weeks here. The descending trendline price compression is slowly coming to an end.
I EXPECT HIGHER PRICES IN THE LONG-TERM STILL BULLISH!
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XRP: Chris Larsen Wallet Hack... or STAGED Dump?📉Hi Traders, Investors and Speculators of Charts📈
Yesterday, news came out that a huge XRP wallet has been hacked, stealing $112 million worth of XRP. According to information currently available, the hack was as a result of compromised security keys. It turned out to be the wallet of none other than tech-giant Chris Larsen, Ripple Co-founder. (suspicious already?🤔 let's dive in...)
One of many strange incidents surrounding this hack is that it was discovered by a Twitter user and popular blockchain security expert ZachXBT. I imagined that one would notice if your personal accounting holding 9 digits of XRP worth $112 million got hacked, but apparently not. It took ZachXBT a public Twitter post to make the apparently unaware team at Ripple take action. This makes you wonder, if ZachXBT didn't pick it up... would this have gone unnoticed and been swept under the rug, or would Chris Larsen have come out and admitted it? I guess we'll never know. But with Ripple's dodgy actions in the past (ultimately leading to the SEC case), one can only guess.
Not too long ago, Jed McCaleb finally sold off the last of his enormous amount of XRP which he had been dumping monthly for years. One Twitter user voiced a very valid concern; "are all Ripple execs holding 9 digits of xrp, is there something in place to prevent them from dumping all at once on the market?"
It just seems like despite the markets best bullish trends, the constant overwhelming selling pressure is just too high for XRP to reach new highs. It's sad to see such a industry leader and once-promising project fall to new lows.
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CRYPTOCAP:XRP BINANCE:XRPUSDT BITSTAMP:XRPUSD BINANCE:XRPUSDT.P
Ripple can decline to 0.5315 points, breaking support levelHello traders, I want share with you my opinion about Ripple. By observing the chart, we can see that the price some time ago broke the 0.5180 support level, which coincided with the buyer zone and declined below. Then the price turned around and started to rise in an upward channel, where XRP soon broke the 0.5180 level broke it again and rose to the resistance line of the channel. After this, the price bounced down from this line and declined to the buyer zone, where it exited from the channel and entered to upward pennant, in which Ripple turned around and then it rebounded from the support line and made a strong upward impulse to resistance line, thereby breaking 0.5500 level, which coincided with resistance area. But a not long time ago price rebounded from this line and declined to 0.5500 current support level, and at the moment price trades very close to this level in the resistance area. So, in my mind, Ripple can exit from the pennant, break the support level, and continue to decline. For this reason, I set my target at the 0.5315 level. Please share this idea with your friends and click Boost 🚀
#XRP Completing the 4th correction waveRange trading range... Above the range trading range, because there is heavy resistance, one or more powerful candles are needed for the path.
However, there is a correction in wave 4 that can break wave 5 of the resistance zone.
The range of 55 cents should be considered invalidity of the analysis.
ELON Dogelon Mars Move Incoming 20xDogelon Mars looks like once it breaks the downtrend and finds support its going straight up. Probably following Doge while its doing the same thing. I dont think this will go any higher than a 20x and thats being generous. At 20x your're looking at almost 2 Billion market cap. Im thinking Dogelon does a 10x at least with a likely 12-15x and 20x if Doge has a massive blowoff. This is just my opinion not financial advice.
XRPUSDT.1DBased on the market data provided, the XRP cryptocurrency is currently trading at $0.560 against Tether (USDT). The Relative Strength Index (RSI) for 4 hours, 1 day, and 7 days are 79.83, 67.19, and 51.20 respectively. The higher values of RSI (especially the 4-hour RSI) suggest that the cryptocurrency is currently being overbought, which might indicate a potential downward correction in the near future.
The Moving Average Convergence Divergence (MACD) for 4 hours, 1 day, and 7 days are 0.011, 0.0080, and -0.0014 respectively. The positive MACD values in the shorter time frames (4 hours and 1 day) suggest a bullish trend, but the negative MACD value in the 7-day time frame may hint at a longer-term bearish trend.
The Bollinger Bands (BB) for 4 hours, 1 day, and 7 days are 0.57, 0.57, and 0.68 respectively. The BB values suggest that the cryptocurrency is currently trading near the upper band, which might indicate a potential price drop.
The support levels for 4 hours, 1 day, and 7 days are $0.54, $0.52, and $0.57 respectively, while the resistance levels are $0.59, $0.62, and $0.62. The proximity of the current price to the support levels suggests that a downward price movement might encounter some resistance, which could potentially slow down or halt the price drop.
Based on the technical analysis, it seems that XRP might be heading for a short-term price correction due to its overbought condition. However, the positive MACD values in the shorter time frames suggest that the bullish trend might continue if the cryptocurrency can maintain its momentum. Please note that this is just a technical analysis and does not take into account other factors like market news or sentiment, which can also have a significant impact on the price.
🔥 XRP Has Some Huge Upside: Follow The Trend!XRP has been gradually trading upwards since the massive crash in June 2022. Even though the trend is slow, it's still bullish over the long-term.
As seen on the chart, we've yet again bounced from the bottom diagonal area of support. With BTC trading at 52k, we have to consider the idea that the bull-market is about to start and that XRP can see some great gains over the next months.
RIPPLE - Price can bounce from support area and continue to riseHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
Recently price entered to falling channel, where it declined to $0.5400 level, which coincided with support area.
Then price broke this level, exited from channel, and entered to flat, where Ripple declined until to $0.4970 level.
Price rose to $0.5400 level, but soon it turned around and fell back to $0.4970 level, which coincided with one more support area.
After this movement, XRP turned around and in a short time rose to $0.5400 level and broke it, thereby exiting from flat.
Also recently, price rose higher than support area and now I think that Ripple can correct to support level.
Next, XRP will bounce from support level and continue to move up to $0.5750 level.
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XRP 2 year annual trend continuation The upward trajectory observed on the yearly chart suggests that XRP is poised to maintain its two-year trend in the foreseeable future, with a support level potentially around $0.50.
Furthermore, the current oversold condition and signs of market exhaustion on the yearly scale, combined with XRP's 100% deflationary nature, strongly indicate the likelihood of XRP reaching new monthly peaks in the near future.
XRP's rally today isn't the real breakout, but it's coming soon!Bitcoin bounce hard today taking out the 50K psychological barrier. Many alt-coins followed as well. Some like XRP rallied a little bit, but not too much. Why? Because, the money inflows right now are mainly focused on Bitcoin, and a few altcoins, but when the Bitcoin rally runs enough, cash will flow into cheaper alternatives.
XRP is showing a bearish divergence on the hourly chart, which most likely is indicating that the price action will fall back to, or near the lower trend line on the chart above. This same pattern played out not to long ago, and will likely repeat, as the people that missed today's rally will be looking for an entry point if/when it pulls back, and the additional money inflows will cause each following run to gain momentum until it ultimately breaks through the upper trend line, pulls back, bounces off it, then runs for a nice gain.
This is just my opinion, and in trading there are no guarantees or absolutes!
Good luck, and always use a stop. #NeverFOMO
HelenP. I Ripple can correct below support level and rebound upHi folks today I'm prepared for you Ripple analytics. A not long time ago price declined to the trend line, which coincided with the support line of the upward channel, thereby breaking support 2. After this, Ripple in a short time rose higher than this level and later rose to the resistance line of the channel. Then price made a correction to support 2, which coincided with the support zone, some time traded near and then rebounded and continued to move up. Soon, Ripple reached support 1, which coincided with the resistance zone, but the price at once rebounded and little declined. Then the price turned around and broke support 1, but soon fell back, after which turned around and finally broke support 1. After this, the price rose to the resistance line of the channel, but a not long time ago it rebounded and fell to the resistance zone, where XRP continued to trades very close to the support level. For my mind, Ripple will make a correction lower than support 1, after which it turns around and starts to move up to the resistance line of the channel. That's why I set my target at the 0.5385 level, which coincided with this line. If you like my analytics you may support me with your like/comment ❤️
XRPUSD: Thoughts and Analysis Today's focus: XRPUSD
Pattern – Descending
Support – .4960
Resistance – .5337
Hi, traders; thanks for tuning in for today's update. Today, we are looking at XRPUSD on the daily chart.
We have reviewed levels and possible price patterns, focusing on current support and resistance levels. Will we see buyers push forward from the current mini breakout, or is this a bear trap that will break lower once Bitcoin prop-up fades?
Good trading.
🔥 BIG MOVE SOON FOR XRP AND BITCOIN! IMPORTANT 🔥🔥 Hi hope everyone's doing well, wanted to come by and give a quick follow up and post before I have to head back to work but wishing the best as always and thanks for coming by as always!
🔥 This idea won't be too long but it'll be important so give it a quick read and check out some of the charts below! To cut to the chase, we can see XRP just about finally exiting out of this descending channel that it's been in since last year when we take a look at the 4 hour chart attached below:
🔥 Anyway we've got that as well as the combination of our 200 EMA being within arms reach so to say. If bulls can manage to regain that 200 EMA on the 4 hour chart then I can't emphasize just how much of a positive indicator that would be for us. We can clearly see how we had that flash drop at the start of the year and how losing that 200 EMA contributed so much to us falling, especially once we failed to regain it on the second attempt back in January.
🔥 With that all said and done next big picture we wanted to check on is Bitcoin. Bitcoin's at the same level at which we once stood back in January. This is undoubtedly gonna be a pretty big pivot point depending on whether or not we can break this resistance level by which we'll have a good shot at possibly forming/hitting new high's or at least hitting that $50,000 mark soon enough.
🔥 What that being said we can always have the opposite scenario and end up falling back down below our $47,000 level should that happen we could experience a similar flash sell to that in January following the ETF news though I wouldn't expect things to be as dramatic but then again, you can never be certain in this market, but past price action alone we're certain this level is going to likely make or break things for traders. Below is a bigger highlight of the big consolidation channel for Bitcoin that should be noted.
🔥 With the bigger picture here and a look at our big consolidation channel we can identify the points between $41,500-$43,000 to be this sort of horizontal consolidation channel for Bitcoin. Would definitely recommend adding to your own charts in case we come back to that point which is always a possibility. Traders are looking for a make or break indicator and hopefully we can avoid the latter.
🔥 With that all being said and I done I said this idea wouldn't be long and I keep to my word, just wanted to give a big picture view and quick analysis of both charts considering the fact that the market will likely stick close to Bitcoin and follow, the correlation grows apart sometimes but overall using Bitcoin as a lead indicator, confirmation can help us out over here too. That's it for today anyway, thanks for coming by as always and wishing the best as always till next.
~ Rock '
The XRP hourly chart showing a bearish divergence.The crypto market as a whole has been moving up nicely recently. XRP has gained some ground, even though it hasn't moved near as much as most other cryptos. It is now showing a bearish divergence on the 1 hour chart, which could be a sign we're going to see a pullback.
I'd recommend caution here regardless of the cryptos you hold, just because we've seen seen many of them move significantly as of recent. Keep your eye on Bitcoin to be your primary indicator.
Good luck, and always use a stop loss.
Ripple can break resistance level, make retest and continue growHello traders, I want share with you my opinion about Ripple. Observing the chart, we can see that the price a not long time ago started to trades in an upward channel, where it first declined to the support line and then continued to move up in the channel. XRP reached a resistance level, which coincided with the seller zone and soon broke it, after which the price made little correction and later rose to the resistance line of the upward channel. Next, the price turned around and made a strong downward impulse to support line of the triangle, thereby exiting from the channel and breaking two levels - 0.5265 and 0.5010. But soon, Ripple turned around again and in a short time rose back to the resistance line, breaking the 0.5010 support level, which coincided with the buyer zone. Then it made a correction to this level and some time traded near, after which the price rebounded and made impulse up to the resistance level, thereby exiting from the triangle. Now Ripple trades near the 0.5265 level and I think that price can correct a little and then rise to the resistance level, and try to break it. After breaks, Ripple will make retest and continue to move up. For this case, I set two targets, the first target at the 0.5265 resistance level, and the second - at the 0.5365 level. Please share this idea with your friends and click Boost 🚀
i thought id be happy with $20 XRP, im adding another 0fib channels, cyclic lines plus fibonacci circles - who would of thought about this powerful combo.
alot is pointing towards a massive xrp movement soon:
- corrective fib circle
- fib channel support
- cyclic timeline balance
...its positioned for 2024 to moon
like i said i thought $20 would be a nice pump, if retail jumps in with the same vengeance as 2017 then this could absolutely rocket into triple digits.
expansion from a 6 year consolidation will absolutely melt faces