S-XRP
Bitcoin Cats 1CAT Is About To Go ParabolicChart looks really bullish. Selling is done for now it seems. People are buying this up and the rumor or Binance listing may be quite bullish for this token. This is very popular in Asian countries. Watch Youtube vids from Asia on this token with Auto translate CC on. I can this hitting its all time high fairly quickly and begin its real parabolic run. This is not financial advice this is just my opinion. Thank you
Will XRP experience an epic PUMP, or an epic DUMP?The chart isn't really that clear right now, and could go either way. There's an argument that there's still a ton of room to the downside/about to fall off a cliff. And, there's also an argument that XRP is about to bounce like a kid jumping off the roof on to a trampoline.
What do you think?
📉 THE FALL. WHAT HAPPENED? 📉📉 Hi, sure you guys are busy and all so I'll keep this idea short and yet important as usual, thanks for tuning in of course. Really do appreciate it as always.
📉 Seems XRP has been dragged down alongside Bitcoin and the rest of the market in a sort of 'buy the rumors, sell the news' event. It's nothing crazy considering we've seen this happen many times before but to see this kind off fall still is never easy to take in.
📉 In my previous idea I added this new descending channel that I had seen form and I did point out that we may end up getting rejected and dragged down further thanks to that channel which is exactly what's happened basically. If you compare the chart below from the previous idea to what we've got currently you can see that's indeed been the case.
📉 And here is the descending channel extended on the 30 minute timeframe:
📉 Anyway with us having been dragged down thanks to the channel and failing to regain our 200 EMA that helped clear the path for bears to drag us further down and ultimately break below our support of 0.56 and 0.55 which saw us even hit 0.526 at one point breaking through our horizontal levels down below as depicted:
📉 So it's not exactly like we've had any bad news but we haven't had any good news either and the fall was only intensified in due part to even more liquidations being executed as Bitcoin dropped out of the 45k point to the $41-42,000 range where it's fighting right now. This alongside the SEC v Ripple case still ongoing with a further developments of which can be read below in the linked article:
www.fxempire.com
📉 Investors are basically at a 'not sure' point from what I can tell right now, first thing is that we've been fighting to break back above 0.55 since our fall below thanks again to the descending channel so whether or not we can regain that will simply have to be seen but if we can't then expect a further drop and please pay mind to my horizontal levels in my charts. I haven't added any new levels in a few week and they still do the job just fine, here's more of the levels further below in case you guys would like to add them to your own charts.
📉 I'm leaving the idea there, good news is that we have indeed exited our descending channel so we don't have to worry as much right now with falling down further but the chance is still there, especially as investors grapple with Bitcoin's fall the past couple days since the ETF filings so we're on thin ice right now. I'm sitting and letting the river flow, setting an alert for 0.54 and 0.53 in case we do slip further down should we not regain that 200 EMA.
📉 Leaving the idea there for now but just know that whatever happens over the next few days will mainly be thanks to Bitcoin and XRP is simply going in flow with bitcoin much like the rest of the market is overall, we're use to this we've been here time and time again, and just like we've been here we'll manage and get through things and persevere. All that matters is how much will one has. Thanks for coming by as always, will definitely try to post more this month and ahead, so please keep tuned and feel free to follow and leave a like, really helps me out with these ideas, thanks so much and all the best till then.
~ Rock '
Ascending ChannelRipple is positioned within an ascending channel.
As observed, a minor downtrend line has been established within this channel.
Considering the robust support at the bottom of the channel, should the downtrend line be breached, Ripple is likely to undergo a substantial increase.
(All analyses will be updated)
This analysis is informational, not financial advice. Good luck!
XRP - The Genesis of the Crypto Bull Market Takes Shape...Recent Analysis Suggests a Wave D Scenario Since March 2021, Indicating a Potential Breakout from the Current Range. These Developments Hint at Possible Culmination of Wave 2 Correction, Marking the Onset of a Significant Bull Market in 2025, Following a Projected Major Correction in Stock Markets, Potentially Resulting in Lower Rates and Continued QE Programs.
Additionally, Enhanced Bullish Count for Bitcoin and XLM to be Posted Soon.
XRP Technical Analysis• Ripple, in the weekly timeframe, has developed a triangular pattern, with the lower side acting as a robust support.
• A break above the pattern's upper side would signal the start of a substantial price ascent.
(All analyses will be updated)
This analysis is informational, not financial advice.
XRPUSD: Prepare for massive bullish breakout soon.XRPUSD is almost oversold on the 1D technical outlook (RSI= 36.211, MACD = -0.013, ADX = 34.490) as it is under a LH trendline and trading inside a Channel Down since the November 6th 2023 High. This is an identical price action, also on RSI parameters, with October 2022 - February 2023. On March 21st 2023 the price crossed over the LH trendline aggressively and hit the R1 level.
As the pattern since May 2022 is a Channel Up, the upside potential is very high. Consequently we initially target the R1 level (TP1 = 0.9200) and after a pullback to the 1D MA200, we will rebuy and target the top of the Channel Up (TP2 = 1.1500).
See how our prior idea has worked out:
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XRP/USDT possible next move? 👀🚀XRP Today Analysis💎 Paradisers, it's time to observe #XRPUSDT closely, as it is making an intriguing move by trading in a demand zone, setting the stage for a potential bullish shift.
💎 Our analysis shows that #Ripple has been consistently following a descending channel trajectory, respecting the channel resistance three times. Currently, there are a few possible scenarios unfolding. If the price can uphold its momentum at the demand level of $0.5365, we might see a bullish move. However, should this scenario not play out, our focus will shift to a potential bullish rebound from a lower demand level at $0.4964.
💎 Another key point to consider is if #XRPARMY continues its downward trajectory and breaks below the demand level of $0.4964, this could lead to a significant bearish movement.
Just an ideaJust an idea, you can see Xrp went for $0.1665 to $0.5000
Then snapped back to $0.0085 before ripping up to $3.50
Always watching this coin because we all see it’s huge pontential, with BTC making a pattern to drop and black rock trying to control the market, I imagine we could see a sharp push up to collect, followed by a heavy retracement down before take off.
Currently sitting on the side waiting for confirmation of entry, but what we have seen in the past before Xrp takes off is a quick wick down then too the moon.
Currently sitting around $0.55 we could see a break downward if it doesn’t hold, however if it does hold we could see a push up collecting before a sharp retracement before take off.
Good luck and have fun with it
RIPPLE - Price can bounce up from support level to $0.5850Hi 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 reached $0.5935 resistance level, which coincided with resistance zone.
Then price bounced and in a short time declined lower than $0.5600 support level, and later it declined to support line.
Ripple bounced from this line and made strong upward impulse to resistance line, making fake breakout and exiting from channel.
Also, price broke $0.5600 level and $0.5935 too, but a not long time ago it bounced of resistance line and declined below this level.
XTP fell to support zone, and recently price bounced up, and now it trades near support level.
Possibly, Ripple can bounce up from this level to $0.5850, thereby breaking resistance line.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
XRP - Wait For It 🏹Hello TradingView Family / Fellow Traders,
XRP has been overall bearish trading inside the falling channel in red.
However it is currently approaching the lower bound of the channel and a strong support at 0.54.
📈 As long as the support holds, we will be looking for short-term buy setups on lower timeframes.
🏹 For the bulls to take over from a medium-term perspective, we need a break above the last major high at 0.625.
📉 If the 0.54 support is broken downward, we will expect further bearish movement till the 0.5 support where we will be looking for new short-term buy setups.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
⭐️ The Market Draws a Trend ⭐️ Continued ⭐️⭐️ Hi! This idea won't take too long, it's late night after all and I simply wanted to make a quick follow up before I caught some much needed sleep for the night, thanks for tuning in as always, we'll keep things short.
⭐️ Following up from my last idea which is linked and showed in the chart below we did highlight this new channel that's formed following that flash crash we got hit with at the start of the month and that's given us some insight as to what we we're possibly facing and seems that traders did in fact take the action once we lost our ascending channel.
⭐️ In our previous idea we called on the fact hat 0.55 and 0.56 respectively we're some pretty good support levels and that you guys should put up some alerts and curiously enough we did get that drop down to 0.56 with the wick's extension still representing the strength we've got there. I said it in the last idea and I'll reiterate it, even with the support showing and all that doesn't mean 0.55 and 0.56 are the bedrock bottoms for us, the risk for more downside is always there just as there is the fact that at any moment we could have some news and get a crazy jump, you simply never know.
⭐️ What we do know though is that since our exit from the ascending channel in which we also lost the 200 EMA we've been in this descending channel and chances are more than likely traders simply want to see which way we break out from this one. I don't see this descending channel having as big of an impact as our ascending channel, the ascending channel carried a lot of strength with it, especially thanks to our bottom after the flash crash but our current channel feels more minor and more likely than not in the next few days or even tomorrow we could get a breakout to the upside.
⭐️ Since the formation of this channel we can see how bulls have managed to keep price from slipping further out of the channel, I did add in a little black arrow to point out the spot where we can especially see that. Personally I'm looking out for a breakout to the upside and out of the channel but if we keep getting rejecting whilst trying to break out expect some more of a tug a war till we get a break one way or another. And below is the chart with the descending channel.
⭐️ That's the main thing for now, I'll leave it there but I appreciate you guys stopping by as always and wish the best till next! Let's simply keep positive and keep faith as always in ourselves and avoid stressing over things, take some time, have some tea and make sure you give yourself the 'you' moment today that you deserve.
~ Rock '
XRP/USDT Analysis - Anticipating a Price Increase Post ResistancThe XRP/USDT pair is currently under scrutiny, and a positive outlook is emerging from the analysis. The anticipation is for a potential price increase, contingent on the breakout of a significant resistance level as indicated on the chart.
Current Observation: The present market conditions for XRP/USDT exhibit promising indicators that suggest a bullish sentiment.
Resistance Breakout: The key focal point of this analysis lies in the awaited breakout of a resistance level highlighted on the chart. The price is expected to experience upward momentum once this resistance barrier is convincingly breached.
Chart Analysis: Refer to the chart for specific details on the identified resistance level. This breakout could serve as a catalyst for a sustained upward movement in XRP/USDT.
Confirmation Factors: Look for additional confirmation factors such as increased trading volumes, supportive indicators (like RSI or MACD), and other technical signals that may strengthen the conviction in the impending bullish move.
Risk Management: Despite the positive outlook, it's crucial to implement sound risk management strategies. Set stop-loss orders and be prepared to adapt your approach based on real-time market developments.
Price Targets: Once the resistance is broken, consider establishing price targets for potential take-profit levels. This can be based on further technical analysis or predefined profit objectives.
Remember, the cryptocurrency market can be dynamic and subject to rapid changes. Stay vigilant, keep a close eye on the evolving market conditions, and be ready to adjust your strategy accordingly.
XRP - Best time to buy is right now, here is whyXRP is currently sitting on the main support of the ascending parallel channel. This is definitely a great opportunity to buy cheap XRP. We have a leading diagonal wedge as wave (1) followed by a sharp correction wave (2). Wave (3) should be in progress. You can be sure that XRP is a big deal for huge institutions such as banks. They are already investing a lot of money into implementation of this cryptocurrency. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
Unlike Bitcoin or Ethereum, the XRPL uses a unique Federated Consensus mechanism as its method of validating transactions. Transactions are confirmed on the XRPL through a consensus protocol, in which designated independent servers called validators come to an agreement on the order and outcome of XRP transactions. All servers in the network process each transaction according to the same rules, and any transaction that follows the protocol is confirmed right away. All transactions are public and transparent, and anyone can operate a validator. There are currently over 150 validators on the ledger, operated by universities, exchanges, businesses, and individuals around the world.
Through the Federated Consensus mechanism, all verified transactions can be processed without a single point of failure as no single participant makes a decision independently. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
BITCOIN weekly roadmapGood time friends, I hope you are great.
According to last week's analysis, Bitcoin reached the range of $48,000 twice and could not go beyond this range.And from this area, it started its falling movement, this fall could be predicted both technically and the news that has come for Bitcoin during the last week.
Bitcoin is forming MTR in the daily time, it has broken the upward channel that we had downwards, the last bottom that I marked with a dashed line on the chart, below this range we also had a close candle.
In general, I see Bitcoin as bearish, this week I could not find a safe area for selling positions so that we can take swing selling positions.
But we can have buying positions in the range of (40000-41000) and (39400-39800) by getting appropriate approvals, if there is an opportunity for selling positions, I will inform you in the next analysis.
HelenP. I Ripple will break trend line and continue to move upHi folks today I'm prepared for you Ripple analytics. Some time ago price traded inside the resistance zone, which coincided with the resistance level, and later it made a fake breakout, after which the price rose to 0.6385 points. Next, Ripple rebounded and made a strong impulse down to the trend line, thereby breaking the 0.6150 and 0.5500 levels. After this movement, XRP rebounded from the trend line and rose higher than the 0.5500 support level, which is located in the support zone, breaking this level again. Also, the price started to trades in a triangle, where so long XRP traded near the support zone. At the last time, when the price declined to this zone, it at once rebounded up to the 0.6150 resistance level. Price even broke this level and entered to resistance zone, but soon it turned around and in a short time declined to the trend line. As well recently, Ripple exited from this pattern and now it continues to trades very close to the trend line. For this case, I expect that XRP will break this line again, make a retest, and continue to move up. That's why I set up my target at 0.6100 points. If you like my analytics you may support me with your like/comment ❤️
⭐️ The Market Draws a Trend ⭐️⭐️ Hey hey! Hope everyone's been well been a few days but so much has happened. Following up from my last idea it's crazy to see that we in fact did get that spring jumping up to 0.62 with that announcement of the Bitcoin ETF on the 10th as well as XRP's successful exit out of our descending wedge. So we had that as well as the fact that we caught our 200 EMA again and that definitely helped to reel us back up. Here's a link to the chart/idea below:
⭐️ Anyway I said this would be short so here's the current wedge I've drawn out that's formed since our impulse move up to 0.61 and 0.62 respectively. The wedge is on the 30 minute chart and on our main chart up above I've added this ascending channel which will likely continue to play a role in the next few days/weeks.
⭐️ Main thing traders are likely watching for is whether or not we get that break to the upside or down, basically the same as the move we just went though previously. So that alongside the 200 EMA and if we can keep ahold of it. That being said 0.55 has been doing well for support with our second wick down to that level being kept closed at 0.56 and above thus there's definitely a good support level there.
⭐️ While it's a good support level it also doesn't mean that it's bedrock or an absolute bottom, we should always consider the unexpected and on that note I'd definitely set some alerts at 0.56 and .55 just in case we do get a break down out of our wedge and come to retest those levels.
⭐️ I'll leave the idea there for now, but overall it's been a good week everything considered, so happy to finally be at a point where crypto is getting recognition, it's taken a few years but it's good to know the train is moving and getting going. Thanks for coming by as always, I appreciate each and every single one of you guys as usual and wish nothing but the best till next, thank you!
~ Rock '
XRP|The possibility of starting a new BULLISH waveAfter the price reached the resistance area of 0.7154 in the form of an upward trend, we saw the return of the price, which is in the form of a descending channel.
The demand areas in the daily time have prevented the price of Ripple from falling further, which has gathered all the available liquidity in these areas in a last ditch effort to start an upward trend.
At the moment, we have to wait for the channel to break upwards, and in the return to valid support areas, we should enter into buying transactions to reach the price targets of 0.7154 and 0.8341.
ETH Will Make A Lower High This BullrunETH chart looks terrible to me. The Log chart looks like Luna did before the collapse. This run ETH will probably make a lower high and then fall significantly. Not sure what will cause this but probably a hack or a screw up by the devs while the implement these upgrades leaving the chain vulnerable. Who really knows but it looks like something is coming for ETH and it aint good. Oh and does anyone notice the elephant in the room, a giant bear flag. Not financial advice this is just my opinion. Thank you and good luck out there.
ADA Cardano Will Have A Great BullrunI believe that Cardano will have a great run this next bullrun. The chart looks bullish and I believe it has finished its correction and consolidation, considering it only did about a 10x in the last run give or take, I think this one has some room to grow. This next one may be the big run for ADA in my opinion.
In the short term I see ADA falling down about 40% percent down to 30 cents before its run up.
Not financial advice, just my opinion.