S-XRP
XRP / USD - WHAT IS GOING ON? - CryptoManiac101XRP / USD OUTLOOK
Here we are again guys... The make it or break it phase.
If we look at the overall structure. It's bullish, we're making a bull flag on the 4H chart and this is actually the 3rd time, within the last 30 days that we've hit resistance in a similar fashion, only difference is...? Each time we get more of the accumulation phase, which is then followed up by an even bigger pump.
Will it happen again? Only time will tell, but we are getting very very close to a hyper excitement phase whether were make a rejection here tomorrow or break out of it today. Either way, through it would be interesting to show you guys.
Remember that this is not a financial advice and is solely for entertainment purposes.
#BTC Potential Long Setup
looking at the Volume increasing now and the Breakout of the Value Area High with Confluences also from the WVAP i personally could now imagen that this Drop what we had was the last Drop for now to catch everything deeper.
i will take a Risk and it is my Personal thought that we will see those Targets on BTC:
📈 Entry CMP : 101164
🛑 SL: 97993
🎯 Target 1: 105710.5
🎯 Target 2: 112919.0
🎯 Target 3: 124707.0
🎯 Target 4: 136410.0
🎯 More TP: 140k - 150k
also do your own Reseach this is my own idea.
Cheers to all and happy Trading.
XRP/USDT (4H) — A look at the current situationHello, friends! 👋 Let’s analyze what’s happening with XRP on the 4-hour timeframe and what prospects lie ahead.
📈 Current Trend
Currently, XRP/USDT is showing signs of local growth after a pullback. We observe:
The price is breaking through local resistance around $2.40, consolidating slightly above.
Key zones:
• Strong support: $2.35 (green zone). The price tested this area and rebounded upward.
• Weak resistance: $2.46–$2.48. Breaking through this zone could pave the way to $2.60.
🔍 Signals from Indicators
1. Midas Multi Indicator shows confident Buy signals in the $2.35–$2.40 area. 💡
2. MACD (Midas Down) indicates a growing bullish momentum: lines have crossed upward, signaling buyer strength.
3. Volumes: Increased activity is observed — confirmation of buyer interest.
📊 Price Movement Forecast
• Probability of growth: 70%. If the price consolidates above $2.46, we may see a test of $2.60.
• Probability of decline: 30%. In case of a pullback, the key support level is at $2.35.
Justification : A reversal pattern is visible on the chart, and buyers are actively defending key levels.
💡 What am I doing?
• Waiting for consolidation above $2.46 to confirm the upward momentum.
• Considering entry points after a resistance breakout or on a support retest.
⚠️ Attention! Monitor the overall dynamics of the crypto market. Any unexpected news could affect XRP’s movement.
Did you enjoy the analysis? Support with a like and drop a rocket 🚀!
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❓ Frequently Asked:
Which indicator do I trade on? It’s Midas Multi Indicator. Want to try it for free? Follow the link in my profile signature! 😉
XRP/USDT 4-Hour AnalysisXRP/USDT 4-Hour Analysis
On the 4-hour time frame, XRP/USDT is forming a small bullish pennant pattern. Using the height of the previous leg as a projection, the first target is in the green zone 1.
To change the current structure of lower lows (LL) and lower highs (LH), the price needs to form a new higher high (HH). This also requires breaking through the pink resistance zone, which is a critical level to watch.
Targets:
First target (green zone 1): $2.87
Second target (green zone 2): $3.35
It’s essential to monitor the breakout of the resistance zone and confirm bullish momentum to reach these levels.
Phemex Analysis #42: XRP To the Moon or Back to Earth?The cryptocurrency market is a wild ride, and PHEMEX:XRPUSDT.P has been one of its most thrilling roller coasters lately. After a meteoric 583% surge in just 30 days, many are wondering: is this the real deal, or just another pump-and-dump scheme? Unlike previous bullish cycles, this time feels different. But as the old adage goes, "past performance is not indicative of future results."
Today, we'll delve into several potential scenarios that could shape XRP's future trajectory. By understanding these possibilities, you can make informed trading decisions and navigate this volatile market with confidence.
Possible Scenarios:
1. Price Going for a 3rd Higher Top with RSI Divergence:
We can see that RSI was above 90 during the 1st and 2nd 1D Tops, and it dropped to a low of 61 during the recent dip. This is a strong bearish reversal sign. If the price insists on forming a third higher top (above $2.93) with a lower RSI than the previous two tops (below 90), it's highly likely that a price reversal and subsequent drop will occur. Exercise caution if this scenario unfolds.
2. Price Facing Heavy Resistance at $2.93:
The $2.93 level represents the highest price of the second 1D top. Many traders may look to take profits near this level after the recent decline. Therefore, it's possible that the price could encounter significant resistance around $2.93, leading to a sharp downward correction.
3. Price Going for Consolidation:
Given the substantial price increase, a consolidation phase is a plausible outcome. During this period, the price may stabilize, and a new support level may form at a higher price. In this case, you could consider entering a position during the consolidation phase and setting a stop-loss order below the recent low. Alternatively, you could wait for a clear breakout before initiating a trade.
4. Price Continuing to Drop:
If the price breaks below the $1.90 support level, it may continue to decline further. For long-term bulls, potential buying opportunities may arise at the $1.30 and $1.00 levels.
Conclusion
The future of XRP remains uncertain, but by analyzing potential scenarios, we can position ourselves for success. Whether it's a third higher top, a resistance test at $2.93, a consolidation phase, or a deeper correction, each scenario presents unique opportunities and risks.
Remember, the key to successful trading is patience, discipline, and risk management. As you navigate the exciting world of cryptocurrencies, stay informed, stay vigilant, and most importantly, stay true to your trading plan.
Tips:
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Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
I believe XRPUSDT is heading downtownAs much as I would love XRP to pump further, I don't see it happening. Momentum has been waning for days now and it's accelerating it's dumping as we speak. I believe there might be MINOR support around the $1.90 mark, and then will hover around $1.50 temporarily, but eventually I believe it's heading back to around $0.60 - $0.70 within the next month or so.
People getting caught up in the pump really need to zoom out and starting looking at weekly charts. It's near vertical. I've been through this before back in 2017/2018.
I'm personally going to wait until it reaches the $0.60 - $0.70 level and show signs of consolidation. From there, I will start DCA'ing in.
I may look at taking a short-term trade around $1.50 to help accumulate more however.
XRP Christmas Rally Imminent! New All time high incoming!!BITSTAMP:XRPUSD Your last opportunity to get XRP at a discount before it goes parabolic is presenting itself. $1.52 -$ .1.50 is the target bottom....
If it doesn't get back down to $1.96, then that means $1.96 was the bottom, and we would backtest that level and break straight out of this bull flag pattern! 🚀
reversal of this downtrend, an ABC correction, could possibly be complete by the 11h of Dec.
XRP !!!Hello friends
As you know, XRP experienced good growth during this period and then entered the correction phase.
Now, by maintaining the specified range, he can see the specified targets. In case of a strong failure, there are lower ranges to buy, which I will inform you about.
be successful and profitable
XRP Moonshots XRP has exploded recently but how high can it go?
The recommended at $10 which aligns with a larger channel but ive heard $55 also so ill place that there.
$10 is a more reasonable target for this coin.
Still bullish following this breakout, looking to stay bullish into Feb
Daily chart
Viewing Point: 2.2181-2.5102 Support -> 3.618 (3.2983) Up
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Have a nice day today.
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(XRPUSDT 1D chart)
I think that coins (tokens) that are renewing their ATH are in a virtually unpredictable range.
However, it is only possible to roughly predict support and resistance points based on the movements of indicators generated by price movements or Fibonacci ratios.
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The Fibonacci ratio currently displayed on the chart is drawn using Trend-Based Fib Extension.
The selected point is marked with X.
The final point of the Fibonacci ratio drawn this way is 3.618 (3.2983).
After that, you need to draw it again using a different wave.
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However, when the price falls while making waves, you need to think about a response plan by checking whether there is support from the movement of indicators such as BW(100), HA-High, BW(0), HA-Low, M-Signal (1M, 1W, 1D charts).
HA-High, BW(100) indicators indicate high point ranges, so if the price is maintained above the 2.218-2.5102 range, it means that it is in the high point range.
Therefore, if the price is maintained in this high point range, it is highly likely to lead to an additional rise.
If it fails to do so and falls, it is highly likely that a downtrend will eventually begin.
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Even though the price has risen, the StochRSI indicator is in the oversold range.
Therefore, when the StochRSI indicator rises in the oversold range and becomes StochRSI > StochRSI EMA, if it is supported near the high point range (2.218-2.5102), it is expected to rise near the Fibonacci ratio 3.618 (3.2983).
At this time, the BW indicator should be maintained above the 50 point.
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When the M-Signal indicator of the 1D chart rises to around 2.2181, if XRP falls, there is a possibility that it will touch the M-Signal indicator of the 1W chart, so you should think about a response plan for this.
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Have a good time.
Thank you.
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- Big picture
I used TradingView's INDEX chart to check the entire range of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015.
In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend.
Accordingly, the upward trend is expected to continue until 2025.
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(LOG chart)
Looking at the LOG chart, you can see that the upward trend is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, we expect that we will not see prices below 44K-48K in the future.
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The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
In other words, it is the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, it is expected that this Fibonacci ratio will be used until 2026.
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No matter what anyone says, the chart has already been created and is already moving.
How to view and respond to this is up to you.
When the ATH is updated, there are no support and resistance points, so the Fibonacci ratio can be used appropriately.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous when used as support and resistance.
This is because the user must directly select the important selection points required to create Fibonacci.
Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous when used for trading strategies.
1st : 44234.54
2nd : 61383.23
3rd : 89126.41
101875.70-106275.10 (Overshooting)
4th : 134018.28
151166.97-157451.83 (Overshooting)
5th : 178910.15
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XRP 4H. Preparing for a Breakout. 12/08/24Ripple is currently trading sideways, and this consolidation phase is likely to continue for some time.
Let me share some insights with you: indicators in technical analysis provide various insights into the market's condition, such as whether it is overheated or oversold. When these indicators deviate significantly from their normal levels (e.g., overbought or oversold conditions), they may generate false signals. Sideways movement helps "reset" these indicators to more normal levels, which is exactly what’s happening now.
During a sideways phase, traders buying and selling the asset frequently rotate, preventing significant price movements. This is crucial for analysis, as it may indicate the market is preparing for the next significant move, such as a trend.
In summary, periods of no clear trend are essential for the market to allow indicators to normalize and trader rotations to occur, creating the conditions for the next price movements. So, hold and wait.
Forecasted movement is shown on the chart.
DYOR.
A clue of where xrp can head based on it being a fractal of 2016Ok this will be a slightly extensive dive into how the current breakout move from the multi year triangle that xrp just broke out of has a high probability of being a fractal of the triangle pattern breakout move xrp did in 2016 that yielded explosive parabolic bullish price appreciation. I want to start with this image on xrp on the Monthly chart to show how the first monthly candle that confirmed the breakout of the 2016 triangle went up 287 percent and the first monthly candle confirming the current breakout went very similarly to around 283%. So since we already have it following that same pattern there, I’m gong to extrapolate where price could head from here if we are needed mirroring that same explosive move of 2016 with our current price action. If so, the very first spot XRP had a pullback and then consolidated into a bull flag before heading further up was actually at the 1.038 fib level which is just 13% or so above its previous all time high. If we were to do something similar today we could see xrp’s first real significant pullback consolidation around $3.75-$3.77. This is in line with certain chart patterns breakout targets I have in mallet time frame charts that I don’t have shown here. Other chart patterns in those smaller time frames have a targets around $3.80, $3.84 and some as high as $4.06 and then on the logarithmic chart as high as $4.77-$4.85. I think even as high as $45 would still fall in line with a standard deviation away from the 1.038 fib and would still retain the fractal if we were to reach the top logarithmic target before having that first pull back. We can see on the left of the chart above on the first triangle breakout, after it moved on from the 1.038 level the net level it rose to before the first significant correction s all the way up at the 1.618 (in blue). If Xrp were to maintain the fractal in current price acton then the 1.618 should be its destination to before the first ajar correction, and as you can see the 1.618 for the current Fibonacci retracement is all the way up at around $26!
XRP updated price analysis & forecast: 3.1-3.3 is coming soon!!updated analysis on most recent price action indicates a strong buy sequence to 3.1-3.3 range to occur over this next wk, TO BE FOLLOWED BY the FINAL (aggressive) retracement to 1.5 -1.6 zone!!!
**if we get any dips in price to 2.15-2.2 range BEFORE running to 3.1-3.3, it'll remain a buy opportunity imo until 3.1-3.3 is reached...
I'm expecting the final discount window to occur by 12/12-14 dates...should witness the selloff/retracement in price to the 1.50 liquidity target level, which will be an amazing final chance to increase XRP position size after taking partial profits around 3.1-3.3 (my thoughts/trade plan)
Logarthmic bullflag has an even larger breakout targetBrace yourself and fair warning this post is gonna get slightly more esoteric than some are comfortable with as it delves into numerology, so fair warning. I found it extremely interesting from a numerological standpoint when I saw @chartguy had predicted that this current xrp correction would ultimately find support on the .888 Fibonacci retracement level and as of now it appears it has. The number 38 as well as 888( aka 3 8s) has been coming up like crazy all the time for me this entire year, but then I also noticed it more than a few times specifically in reference to ripple and xrp. For example Ripple now has 38 billion xrp remaining locked in escrow. I found an iage during XRP’s 2016 pump of Brad on CNBC or fox business ot some channel like it and enxt to them they had put a graphic up on screen along side Brad Garlinghouse that said XRP had gone up 38,000% percent. Next fast forwarding back to a little earlierthis year, the last low xrp had put in as a bottom before finally slowly climbing back up to the blast off point was 38 cents. Because I had been seeing all these connections with 38 in regards to xrp and ripple but also in many other elements in my personal life, I bought some more xrp at 38 cents feeling like it would actually mark the most recent bottom and low and behold it did. Also the all time high for xrp on a few different exchanges is $3.80. Like I said above, another way to represent 38 is with 3 8’s aka (888). So on the lion’s gate portal this year 8/8/2024, 2024 numerologically reduces to 8 as well giving us the first time in quite awhile we have had 8/8/8 date like that, I was expecting something noteworthy to occur being that it’s a time that’s known for manifestation and abundance every year but with 3 8s instead of just the usual 8/8 it should be even more so, and sure enough ti was right on this weekend that Judge Torres issued her final judgement in the RIpple vs SEC case after 4 long years of waiting patiently for it to arrive. All this being said, when I then see that XRP corrected down exactly to the .888 Fibonacci level and is holding support there, if it does continue upwards from this level, it will simply be more confirmation and confluence to me that there is something significantly special and interrelated between xrp, and the numbers 38.88,888, 11, and 1111. I won’t go into the 11 significance too much in this idea as I’d prefer to focus on the 8s instead….so I’ll leave the numerology talk there for now and focus instead of the actual TA behind this logarithmic bullflag
XRPUSD currently retesting support on the double bottom necklineWe currently have one weekly candle close above the double bottom neckline and the currently weekly candle is still currently holding support on that same neckline with 3 more days left to go before it closes. A close above the neckline would certainly be a bullish sign especially when the entire candle’s body closes above such a resistance level. Considering Trump just appointed PayPal Mafia’s David Sacks as cryptocurrency/AI czar,I think probability favors a breakout up fro XRP’s double bottom pattern. Were price to confirm the breakout from the spot it just recently broke above the neckline at, then the full breakout target will be $4.0422 a most auspicious number full of multiple numerogically encoded 11-11’s. I also think if we are fractally mirroring 2016’s huge breakout move, that $3.80 or perhaps 3.84 could be an important level to watch also both very auspicious numbers as well, though the 4.0422 target would be preferred considering it would make for a new all time high. Whichever one it may be they will all get reached eventually this bull run in my opinion. *not financial advice*