Can the price of XRP really go that high? This chart shows how it could be possible for the price of #XRP to reach the coveted $589 price target. I'm not a big fan of these extravagant price targets in short time periods, but I do firmly believe that they are attainable given enough time and the right circumstances.
Good luck, and always use a stop-loss!
XRPBTC
XRP is looking ripe for appreciation against BTC.XRP has been getting smashed by BTC for quite some time now, but the charts indicate that this may be changing. There is a very nice pattern forming on the chart currently, and the Fibonacci retracement levels are showing what could be some incredible opportunities for gains in the coming months.
Good luck, and always use a stop loss!
The key is whether it can be supported and rise near 0.6013Hello, traders.
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(XRPUSDT 1D chart)
XRP is moving sideways, but I think it is rising along a long-term rising channel.
Accordingly, the key is whether it can be supported near 0.6013 and rise above the long-term rising trend line -1.
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If it falls below 0.6013, it is important whether it can be supported and rise near the M-Signal indicator on the 1D chart.
If not, you should check whether it is supported near 0.5682.
If that happens, when the M-Signal of the 1D chart > M-Signal of the 1W chart > M-Signal of the 1M chart, I think it is highly likely that a full-scale uptrend will begin as it breaks through the long-term rising channel upward.
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If it fails to rise and falls below the M-Signal indicators of the 1W and 1M charts, it is expected to fall near the HA-Low indicator (currently 0.5083) of the 1D chart.
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If it rises above the long-term rising trend line-1,
1st: 0.5 (0.7144)
2nd: 0.618 (0.8121)
The 1st and 2nd areas above correspond to the support and resistance areas.
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Have a good time.
Thank you.
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- Big picture
It is expected that the real uptrend will start after rising above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
Since I think it can create a new trend in the overshooting section, I need to check the movement when this section is touched.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to create a pull back pattern and start after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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Small 1 to 2 Risk vs. Reward XRP SHORT TRADE $500 at 25XThis is a risky time to enter this trade, but I'm going to take a small short position against XRP in an attempt to capture a potential correction to the bottom of the forming wedge pattern as the bull flag is forming. I'm not going to risk much; it’s more of a hunch. Overall, I'm very bullish on XRP right now, but as a trader, I can't help but try to capture this potential red candle.
Don’t follow my trades; come up with your own ideas. Don’t be a follower—be a trailblazer!
Good luck!
2.5 to 1 Risk vs. Reward, XRP TRADE SETUP. XRP is looking ripe for a nice bounce here. Now that the price is resting on top of the upper trend line, it's looks like a great opportunity to put on a small trade. I really like this setup here, especially going into Sunday, as I think a lot of people are looking to add to their XRP positions at these levels before it hits the .60 cent level again.
I may be a little early on this trade, but with the risk vs. reward, I think it's worth a shot.
Don't follow my trades, come up with your own ideas. Don't be a follower, be a trailblazer!
XRPUSDT Bullish Channel!XRPUSDT technical analysis update
XRP has been trading within a descending channel for the past 400 days. The price is now approaching the channel's resistance line, and if a breakout occurs, a strong bullish move in XRP can be expected.
A good entry point would be after the breakout is confirmed on the daily chart.
Regards
Hexa
XRP lookin niceee . xrp/usd xrp/btc comparison ! Decoupling ?!12hr chart on both xrp/usd & xrp/btc
Both charts , market is over 20,50,100,200 MA's
Stoch RSI is bullish on both charts as you can see pointed out
MACD MA's crossing over to upside on both charts as well .
You see Bullish pennant formed on both charts .
BINANCE:XRPBTC is trying to breakout but in order to do this price must close above 78.6FIB.
XRP needs a Candle to close above $0.64 which is right above the 70.2FIB on the WEEKLY .
we get these two confirmations , price will surge .
If the CAPITALCOM:RTY Russel 2000 creates new highs this week , XRP will surge to $1+
these are my theories
brace yourselves for the volatility
Expected Volatility Period: Around August 5 (August 4-6)Hello, traders.
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Please click "Boost" as well.
Have a nice day today.
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(1M Chart)
The key is whether it can maintain an uptrend along the long-term rising channel.
To do so, it is necessary to check whether it is supported and rising around 0.382 (0.6166).
The most important support area is around 0.47.
If the price maintains above 0.47, XRP is expected to form an uptrend.
If the uptrend continues,
1st: 0.5 (0.7144) ~ 0.7460
2nd: 1.0409
The 1st and 2nd areas above are expected to act as resistance.
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(1W chart)
A volume profile area has been formed in the 0.5455-0.6070 area.
Accordingly, the key is whether it can be supported and rise in the 0.5455-0.6070 area.
Therefore, whether it can be supported or not in the 0.382 (0.6166) area is important.
If it falls below the 0.47 point and shows resistance, I think it would be better to wait until it rises again without trading if possible.
If you want to buy, it is better to buy when it rises rather than when it falls.
The reason is that if it falls below 0.47, it will enter the mid- to long-term investment zone, so I don't know when it will rise.
We need to check whether it can break through the first resistance zone of 0.6810-0.7460.
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(1D chart)
The key is whether it can receive support near 0.6296 and rise.
If not, we need to check which direction it deviates from the 0.6070-0.6296 zone and maintains the price after around August 5.
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The fact that the HA-High indicator was created means that a high point zone has been formed.
Therefore, in most cases, it will not break through the box zone of the HA-High indicator and will fall.
If it does not and breaks through the box zone of the HA-High indicator upward, there is a high possibility that an upward trend will begin.
In this sense, the 0.5682-0.5979 section should be interpreted as an important support and resistance section for an upward trend.
Accordingly, if we look at it comprehensively, the 0.5455-0.6296 section is an important support and resistance section.
If we think about a trading strategy based on this section,
Buy section: 0.5682-0.5979, 0.6296
Stop loss section: 0.5455
1st sell section: 0.6810-0.7460
You should set it as above and think about whether you can proceed with the transaction according to your trading strategy.
The box section of the HA-High indicator of the current 1D chart is 0.5833-0.6379.
The box section of the HA-High indicator of the previous 1D chart is 0.5712-0.7077.
Therefore, there is a possibility that it will be restricted in its rise, but if it shows support near the HA-High indicator of the current 1D chart, it is expected that it will maintain its upward trend.
Therefore, the current wave can be said to be the beginning of a different wave from the previous wave.
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Have a good time.
Thank you.
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- Big picture
It is expected that the full-scale upward trend will start when it rises above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 13401.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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XRP Finally set up May need some more time. However once horizontal line breaks, moon is certain. XRP and Dogecoin are comparable in supply, except half of XRP supply is locked, and at least 20-30% of the total supply has been accumulated, meaning float for XRP is in the 30-32 billion range. The case for a big pump can be made b/c of the way supply is distributed. Also if you think about, this coins sole purpose in life is to be pumped. And who knows maybe it'll become "the standard". Old USD aths and new USD aths are coming, BTC bull raises all coins.
Total Doge supply: 125,367,046,142 DOGE
Total Doge circulating supply: 125,367,046,142 DOGE
Around 100 billion DOGE are dormant. Making it's float around 20-25 billion.
Total XRP supply: 99,990,932,726 XRP
Total XRP circulating supply: 44,257,803,618 XRP
No real way to confirm dormant XRP however it's safe to assume roughly 30% of the circulating supply has been accumulated making it's float around 30-32 billion perhaps lower in the 10-20 billion range if more than average accumulation has taken place.
XRP buy setupDue to its bearish structure, it is expected that the price will be rejected to a strong support range and the liquidity pools at the bottom of the chart will be swept away.
On the green range, we can look for buy/long positions.
Closing a daily candle below the green range will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Understanding When XRP Will MOON - Part 3 MartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space. The Bull market is here
Even tho the bull market is here XRP has not mooned yet . The ALTCOIN market has just hit a critical level , when this happens XRP can start its move higher . This needs to be watched carefully.
XRP To The MOON
Please watch the video for more information
XRP/BTC Main trend. Channel. Turning zones 03/15/2024Logarithm. Completion time 1 month. Horizontal channel and reversal (reaction) zones for work. For clarity, I showed percentages of key support/resistance levels.
The line graph is now at 03/2024.
The queue for pumping cryptocurrencies by liquidity and “crowd involvement”.
Remember this is a pair to Bitcoin. As a rule, the market brand, that is, BTC, is the first to move in a trend. After some time, when the crowd “stops being afraid”, along with the growth of BTC, low liquidity altcoins begin to pump, then medium liquidity and ETH. And only then, with Bitcoin consolidation or a local rollback, does a significant increase in XRP prices begin.
By understanding the sequence and time when “big capital” transfers money from one liquid trading instrument to another and back according to a developing trend, you can double your profits.
Trading pair XRP/USD.
Similar to the main trend towards clarity. Published 07/2022 but now more relevant than ever in the near future before the huge triangle breaks out.
XRP/USD Main trend
The same key zone. Publication 07 2022.
XRP/USD Main trend (part) Triangle
Since 1 year and 8 months have passed since publication, it is worth going to ideas 1 and 2 for USD and clicking “play” on the chart to understand where the price has come.
Let me remind you again. Understanding the current values of BTC/USD and the XRP/BTC pair can help you understand when the key price movement in the XRP/USD pair will occur and what its local potential (relative to the trend) is, as well as what manipulations may occur. What to expect in the medium and maximum term from this hype trading tool.
XRP will highly likely go to 6-8 USD soonI have to say that I almost finished my analysis but somehow my page got refreshed and it got lost..
So I will summarize what I wanted to say:
Pattern recognition is important and are (magnified) copies, and following signs are bullish:
* Compare the blue and pink rectangulars
* we are hovering above the 200 ema
* if we have a break-out of the pink rectangular, we will probably hang below the yellow descending trendline
* If we break-out we will most likely see very rapidly ATH or 3-3.2 usd
First bullrun around end of 2017 was around 1600% which will be repeated from this level 0.48-0.5 usd..
which results in a level of around 8 usd or exactly the 2.618 FIB level !
I might think a 3th wave will pass the 3 usd level to come back as support in a 4th wave and meet the 6-8 usd in a 5th wave.
On a macroeconomic scale it looks all clear and the graph is quite clean for a run-up after a long 6 years consolidation!
I think there is much momentum made as we didn't have a ATH in previous bullrun after covid.
So the potential is enormous as XRP has a decent bottom and support around the 0.3-0.5 usd level.
Also remember when there was a crash in USDT several years ago..everyone ran into XRP which was quite atonishing.
It is somehow a reserve currency and could take out ETH in the a second spot which it did already briefly in jan. 2018 !
I foresee a bullrun like end 2017 with a start after 2nd quarter, so end of June this year... which will have a peak again at the end of this year.
XRP is bullishXRP structure looks bullish on hourly time frames.
We have a bullish iCH on the chart and the trigger line is broken.
By maintaining the demand, it can move towards the targets.
Closing a 4-hour candle below the invalidation level will violate the analysis.
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks