XRP Ripple: A Rollercoaster Ride Ahead! CRYPTOCAP:XRP
BINANCE:XRPUSDT.P
XRP Ripple: A Rollercoaster Ride Ahead! 🎢🚀📉
Attention, crypto enthusiasts and traders! As we dissect the charts of XRP Ripple, a fascinating pattern emerges, hinting at a significant market movement. After its impending retracement, XRP is poised for a notable surge, potentially offering lucrative opportunities for the astute trader.
However, it's not all clear skies and smooth sailing. The rise we anticipate could well be the precursor to a more extensive, cycle-degree bear market. This shift in market dynamics calls for a strategic approach to trading XRP Ripple.
For those invested in or considering a position in XRP, now is the time to stay extra vigilant. The expected upswing could be your chance to capitalize, but it's crucial to remain aware of the potential downturn that might follow.
In the crypto market, volatility is a constant companion, and XRP Ripple is no exception. The projected bear cycle, while challenging, is a natural ebb in the ever-fluctuating world of cryptocurrencies.
To navigate these turbulent waters, keep an eye on key technical indicators and market news. Consider leveraging this upcoming rise, but also prepare for the longer-term bearish phase. As always, risk management and a well-thought-out exit strategy will be key to your success.
Stay ahead of the curve, and let's make the most of these dynamic market phases!
Xrpanalysis
XRP → Ready to Rocket!? A Simple Chart Answers that Question!XRP found its way out of the bear channel after a 3-leg push downward followed by a bullish reversal. The price meandered sideways and fell below the 30EMA and 200EMA ribbons looking for support. Are we ready for takeoff? Or are we going to sub $0.50?
How do we trade this?
The current price is at $0.60 above the support zone of $0.57. Sideways outside of a bear channel does not give us the confirmation we need to enter a trade. What we need is a bull signal bar on or near the Support Zone to confirm that the bulls are here to carry us upward.
It's reasonable to wait for the price to fall a but further and bounce. Look for a bull signal bar closing on or near its high followed by a strong confirmation bar. Longing in the $0.59 area gives plenty of room for a 1:2 or 1:3 Risk/Reward ratio, a reasonable ratio given we're looking for a trend reversal. I would not short in this scenario until we see more price action.
Trade Idea
Long Entry: $0.5850
Stop Loss: $0.5416
Take Profit: $0.7150
Risk/Reward Ratio: 1:3
Key Takeaways
1. Three Pushes Down, Bull Breakout of Bear Channel.
2. Not a Strong Breakout. Look for Bull Signal Bar.
3. Price Below 30EMA and 200EMA. Wait for Support Zone.
4. RSI at 40.00 but below Moving Average.
5. Wait for Bull Signal Bar for Confirmation to Long.
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 will ⚔️Attack⚔️ to 🟢Support zone🟢⏰(4-Hour)⏰✅ XRP seems to have succeeded in breaking the Support line .
🌊In terms of Elliott Waves , XRP completed a Double Three Correction(WXY) .
🔔I expect XRP to attack the 🟢 Support zone($0.4950_$0.4820) 🟢 in the coming hours.
----------------------------------------------------------------------------
🌐➕ Positive News ➕🌐:
Judge rejects SEC’s motion to file an appeal against Ripple ruling.
Crypto CEO Very Bullish On XRP Price, Sets Make Or Break Point.
🌐➖ Negative News ➖🌐:
XRP Eyes Epic Outflows from Korea's Major Exchange to Mysterious Wallet
----------------------------------------------------------------------------
XRP Analyze ( XRPUSDT ), 4-hour time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
🚀XRP🚀 The Monthly Flag Pattern 📈📊 The Flag Pattern: The flag pattern is a technical analysis formation that often indicates a continuation of the current trend. It typically consists of a strong price movement (the flagpole) followed by a consolidation phase (the flag) that forms a distinct shape on the chart.
🏁 A Familiar Sight: XRP enthusiasts might feel a sense of déjà vu because the monthly chart is showing signs of yet another flag pattern formation. We've seen this before in XRP's historical price action.
📈 What It Could Mean: The flag pattern is generally considered a bullish continuation pattern. If history repeats itself, this formation might suggest that XRP is gearing up for another bullish run.
🔎 The Importance of Confirmation: While patterns like these can be exciting, it's crucial to remember that technical analysis is just one piece of the puzzle. Confirmation from other indicators and fundamental factors should be considered before making any trading decisions.
🌌 The Crypto Journey: The crypto market is known for its unpredictability, and every move should be approached with caution. Risk management and thorough research are your allies.
In conclusion, the appearance of another flag pattern on the monthly XRP chart is an intriguing development. It hints at the possibility of a new bullish phase, but it's essential to use it as one tool in your analytical toolbox.
Stay tuned, stay informed, and remember - the crypto world is full of surprises, and each chart pattern tells a unique story! 📊🚀
❗See related ideas below❗
Follow + Like this post and share your thoughts in the comments; your engagement fuels the crypto conversation! 💚🚀💚
XRP POSSIBLE 40% GAIN CLASSIC BULLISH DOUBLE BOTTOM hello traders so after doing a quick analysis on XRP it appears that it might gain 30-40% in the upcoming days / weeks .
- the price formed a classic reversal bullish pattern : a double bottom on a key level .
- the price broke the neckline of the double bottom violently and it appears that it went down to do some retesting .
- if the price manages to break that neckline again we might see XRP reach that bearish trendline again and even break out of it and reach new highs .
the break out will be the confirmation we need .
if you liked the idea be sure to help me out with a like / boost and why not a follow its FREE !
i provide weekly signals and analysis on my tradingview for FREE!
this is not financial advice just my humble opinion
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 Finally Reaching Historic Bottoms | Breakout SoonThe Resistance Level : After being broken through, it doesn't hold much merit anymore. However, it should still be used as a sign of possible support in the future, but as of now it still shows signs of resistance, so it's safe to say that this is still an important level and we should be keeping our eyes on this one.
50 Day MA: The 50 Day MA has shows good support and resistance on this time frame, which is why I will be using it. The 20th of March (2023) Is where we started seeing levels of support and movement to the upside. A pattern can be seen of higher highs, and higher lows. If you look back at the 20th of August (2020), we see the same pattern emerge where we break through the 50 Day and proceed to reach higher highs and higher lows. It can also be seen in December (2020) where broke through the 50 Day. Will we see the same pattern in the next weeks, where we fall through the 50 Day, or will it show support? Allow me to give you more information.
FIB: The Break Through at the 0.236 Level was important, it shows signs that the market is ready to start seeing bullish pressure, but as we can see there was a reversal, and there is still sometime left before we truly reach higher levels on the FIB. So the 0.236 is still playing as resistance, but good signs of of a breakout soon.
RSI: The 3 overbought tops back in 2020 aren't the only tops we've seen on XRP, we've even seen them back in 2017, and now we are seeing the same patterns today. This is the pattern: Breaking through 40.00 to show bullish pressure, 50.00 playing as support, the 3 overbought tops, then begging of bear market. As we can see we are starting to reach those tops, which means this is the LAST FALL, OR have AT LEAST one more to go.
Historic XRP Candle Pattern: This is the Pattern: Rally, then a fall, Then Retrace to the Hight of previous rally, consolidation, then the final rally. That's what we saw in 2017, 2020, and now we are seeing the first steps of it right now.
Summary: We are waiting for prices to reach 50 Day MA, where we can retrace back to the SEC Rally and consolidate, but there may be a final fall as history is showing us.
The Xrp launchpad beyond $1 deadline...The image itself is explanatory. Setup for $1 & beyond! We have a March 2024 deadline approaching and currently Xrp can never drop below 0.43 cents again. What a BEAUTIFUL launchpad being created! So there's very little movement for Xrp to the downside. We're talking 0.20 cents max! But looking damn bullish to the UPSIDE!!! Oh yeah 😎 😏 😁 📈
Downside VS UPSIDE.. obvious is obvious.
And it has nothing to do with some lawsuit. The charts is the news.. not the other way around. They have to make news for the price action of Xrp because the launchpad is heating up and we ain't 👀 seen nothing yet!
So to recap.. the downside potentiality compared with the upside potentiality there's SERIOUS money 💰 to be made from now to March regardless of temporary downside movements.
XRP , TP is between 2.1 to 2.2$ !XRP seems stronger than ever, and we may be in the beginning of wave four. Therefore, the price decline in wave four should end between 0.57 and 0.59 cents. If it stabilizes at these prices, we can say that the decline is a 38.2% Fibonacci retracement. The price growth and the start of wave five will be here, and wave five will be as long as wave three, with a target between $2.2 and $2.1.
The time to reach the suggested prices: The price of 0.85 will be around late June 2024, and the price of $2.1 will be around December 2024. Please note that the dates are approximate and not exact.
The analysis method: The analysis is based on Elliott waves, Gann fan, Fibonacci, and Ichimoku.
xrp can break flag and continue to 3.41$ long time.If XRP can hold the flag and continue to increase price, and break the previous peak around $0.90, we can easily target $3.41.
Of course, there will be a lot of volatility along the way, which is great for those who want to invest in XRP long-term and spot.
Xrp may go sideways for a bitSeeing that Xrp has what appears to now retested this support line that's headed towards 0.55 cents by January. Although keeping in mind this is a retest. I expect Xrp will ride this support trendline a short period before another run up higher over the coming month or two.
This is just my thoughts at the current moment so don't hope entirely on it but if we're going higher then it will drag a bit.
XRP The Fall of the RiseHello fellow traders!
In this analysis we will talk about the XRP
In short! very bad picture!!
still,
1. Cardano Founder Is Done with XRP (u.today)
2. XRP Supporter John Deaton Jumps into SEC v. LBRY Case
3. Ripple, SEC make final bids for a quick win in XRP lawsuit
4.
5..
..
...
and many more to be written!
while price falls Whales add more XRP amid rumors of lawsuit ending
interesting piece..
let's consider this scenario:
coin image is for sale
the price falls more
whales buy a big chunk then the value will rise
the whales sell at a profit and the price falls again and we are in the red... (the good scenario)
then let's wait a little longer and then buy
If you liked this idea or if you have your own opinion about it, write in the comments.
Thanks for reading!
XRP, will history repeat?XRP and the Army.
XRP will do nothing and could be considered a stable coin until it finally doesn't. Historically XRP does nothing without the rest of the market, they all follow bitcoin.
When does the magic start? When the yellow line crosses the purple and the red, more specifically the purple. Until then, stable coin. I have that area circled in prior history.
When it starts it should be 4 weeks of insanity then a correction and pause for approximately 8 months and a final 4 weeks of the final phase. That's the good news, the bad news is it might be well into 2024 and bitcoin will have to make new highs before XRP de-pegs it self from it's stable coin status.
I have also added the TDI indicator on the bottom as it shows the bear market areas and bull market areas.
I Have linked another chart that I made a few back on XRP and a lengthening altcoin cycle chart.
I have picked long for XRP but I don't expect it anytime soon. The earliest would be late this year but most likely 2024.
WeAreSat0shi
Thank you
Ripple: Rollercoaster 🎢After the exciting rollercoaster ride during the past few weeks, Ripple has lately been showing more interest in following our primary scenario. We expect the altcoin to resume the downwards movement, heading for the support at $0.2874. Soon, our crypto friend should drop below this mark to finish wave (c) in magenta and then turn upwards again. However, there is a 40% chance that Ripple could have already finished wave alt.(c) in magenta and thus climb directly above the resistance at $0.5847 to develop wave alt.i in orange.
Percentage comparisons..If we take the same percentage of Xrp's rise in 2017 to it's all time high and duplicate that to where we are currently, our Xrp price target will be $336.
In the last bullrun Xrp made an approximate 65872% rise in value. 0.0051 to 3.36. If Xrp accomplishes the same feat from 0.51 cents.. then $336 is 65872%. How bizarre because we've been hovering around $0.51 for quite some time now 😏😎💲💲💲
XRP/USD 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this XRP/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- XRP, formerly Ripple, remained near a multi-month high on Monday, despite today’s bearish sentiment.
XRP/USD rose to a peak of 0.5447 to start the week, which is marginally lower than Sunday’s high at 0.5466.
ripple remains close to its highest level since March 30, which saw markets peak at 0.5575.
the drop off from Sunday comes as traders opt to secure gains, which coincides with the relative strength index (RSI) dropping out of a support point.
Price strength fell below the floor at 69.00 earlier in the day, and is currently tracking at 67.75.
Should momentum continue in this direction, XRP bears will likely target a floor at 0.5090.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Ripple is really looking goodThere is exactly one year since Ripple is trading in a range between 0.3 and 0.5.
However, looking closely at the chart we could see that since the start of 2023, the price is making clear higher lows, and also 0.4 median is at this moment strong support.
Yes, indeed, we need a trigger and this could and should be SEC, but in my opinion, a genuine break above resistance would lead to an explosive rise.
I'm not a "tu da muner", and I don't say Ripple at 10usd or whatever phantasmagoric prediction we see on the web, but 100% rise is very probable in an instance of a break
XRPUSD 4June2023although there is an unresolved problem between Ripple & SEC but by looking at the current XRP price, it could be a positive sign if the results that will come out later will be in favor of Ripple. if this bullishness can last, there is a strong possibility of forming wave 3 after the price rises higher than wave 1. I see that the market is a form of human psychology, it could be a promising start to take XRP positions for the long term.