Ripple's Bullish Trend Holds Above 100-SMA with Target at $0.565FxNews — Ripple gained 3.7% today, trading around $0.533, testing the upper line of the bearish flag and the 50-period SMA.
On the 4-hour chart, today's price jump created a bullish Fair Value Gap, while the Stochastic Oscillator is nearing 80, indicating a potential overbought condition. The RSI has dipped to 65, just below overbought levels. Despite these signals, XRP/USD remains above the 100-period SMA, maintaining a bullish trend.
Forecast
Immediate support stands at the 50% Fibonacci retracement level of $0.517, backed by the 100-period SMA. If XRP stabilizes below $0.531, the price may fill the FVG near $0.517, possibly reaching $0.511. The bullish outlook holds as long as prices stay above the 100-SMA, with the next target at $0.565 after a brief consolidation.
Support: $0.517 / $0.611
Resistance: $0.548 / $0.565
Xrpforecast
XRP moonshot incoming?!Based on previous priceaction on the weekly timeframe i think we will soon be ready for the long awaited XRP moonshot. This would fit perfectly with a resolution for the Ripple/XRP SEC lawsuit... hold tight my friends!
hold .33$, clear and gain .75$ and 2$ ... new ATH incoming!
One final draw down possibility!As you can see from my accurate predictions drawn up since September 29th, we have one last chance of a big dip coming. This will end my predictions for this period.. and I expect a push to all time highs by mid-April.
May be one last chance to buy Xrp at under 55 cents... and ultimately last final calls for under $1 USD!!
Expect a pull back in a few days to 5 days time.
Ripple Stronger- Ok Ripple is back.
- Maybe the SEC will one day give up trying to perma-suppress XRP market to protect the big banks.
Little facts :
--------------------------------------------------------------------------------------------------------------
- XRP lost -96% from his 2018 ATH and bottomed hard around 0.12$.
- XRP lost only -86% from his 2021 last ATH to find a bottom around 0.28$.
- During those 2 years of bear market, XRP stayed most of the time very strong and resilient.
- Nothing was tremendous ( as it should be ), XRP just climbed with steady regularity.
- XRP stayed in the TOP5 of the Total Market.
- That's much better !
--------------------------------------------------------------------------------------------------------------
- So what we can expect for the next bull run ( if we don't have again a FUD at the bad time )
- We have to keep in mind that XRP have 100B Supplies.
- XRP price could grow at a maximum of 7$ at the end of the next rally.
- That would be around +2400% from the 2022 last bottom.
- His MarketCap could grow around 700B$ ( same as actual BTC MarketCap)
--------------------------------------------------------------------------------------------------------------
Happy Tr4Ding!
177 days of Xrp predictions ending.We can finally see the end of my Xrp predictions coming to a close in 32 days! This was all drawn up on September 29th 2023 & now we can see the outcome of Xrp's entire price over this time.
It's been one heck of a long time and how accurate do you guys think I've been?
This is my 2nd one for Xrp. The last one was 99 days. So this one is my best effort and longest yet! Don't say you didn't make any money because I did!
We're in the last 32 days and then I'm expecting the bullrun to begin playing out after one last final dip in price. Don't miss it. It may be the last opportunity to buy Xrp at these golden low prices under a dollar!
The trendline that keeps on keeping on giving!So here we have my minimum price prediction for Xrp come 2031! I believe that minimum price WILL BE $7 and no less in 8 years! This trendline has been just paying everyone in Xrp since Xrp's inception.
I don't see this stopping anytime soon especially for Xrp's adoption in the next 8 years!
You can be safe in the knowledge of how much you'd like to invest into Xrp and/or dollar cost average in.
If prices tend to go higher than the minimum forecast for 2031 in the nearest future.. over the next year or two would probably be a good time to consider selling a portion (or percentage) of your Xrp. Don't ever let your earnings go back into the downturn if there's such good opportunity to sell at lucrative highs. So this would be a good guideline to follow so you don't miss out on potential future profits.
Happy earnings and prepare now.
Update for current Xrp prediction pathway.Obvious from the current drop.. and comparison to my predictions for Xrp that was drawn up on September 29th. My prediction path is slightly ahead of the forecast but you can see it's still rhyming.
It's also noticeable that the huge dropdown wick we just had (probably a bot trade) didn't fall too much past our first initial trendline. It's been a support that's a strong gradual incline since Xrp's inception and so there's no reason why prices will ever go much lower but continue until the next bullrun. I believe this bullrun will begin from February to March so be ready!
How not to fall at the final hurdle...This is the moment that I believe is the last stretch for Xrp moving into the New Year 2024 and onwards towards March!
Don't let things bother you if we see this final average downturn. It'll be big buy opportunities before we go ahead to test all time highs!
This is accumulation stage and final chances to dollar cost average in on the red candles. See you on the other side ↘️➡️↗️⬆️
Still rhyming...Just quick update. Even though my predictions are generally not entirely accurate to a tee we can still see how the timing of the green/red candles are rhyming nicely.
Buying and selling at a timely manner is a great key way in ensuring trades are made regardless of whether prices go exponentially higher or lower than expected. Waiting on key timely changes and knowing where they occur is all that's needed specifically to know 'when' to buy or 'when' to sell.
Would it necessarily matter if Xrp went from 0.48 cents to 0.72 cents if you were expecting 0.52 to 0.67? You would simply make much more.
Tip for today.
XRP → Quick Dip Before The Rip!? Let's Maximize Your Profits.Ripple is currently in a slight bull channel inching its way back up to the $0.64 resistance level. Will XRP break it here or fall down to the $0.58 range before breaking through?
How do we trade this? 🤔
XRP is in a bull channel, which means our bias should be long until the pattern is broken. We should be seeking a strong bull signal and confirmation bar toward the bottom of the channel, somewhere in the $0.60 range. Set a protective stop around $0.58 and a take profit at 1:2 Risk/Reward, a reasonable setup for a chart like this.
Do not be premature about entering the market, wait for the bars to close and enter when the confirmation is in to maximize probability.
💡 Trade Idea 💡
Long Entry: $0.60
🟥 Stop Loss: $0.58
✅ Take Profit #1: $0.68
⚖️ Risk/Reward Ratio: 1:2
🔑 Key Takeaways 🔑
1. Bull Channel, Bias to Long!
2. Wait for the price to bounce at Channel Support.
3. If Price Breaks Resistance, Wait for Test of Support.
4. RSI at 53.00 at Moving Average, Indecision.
5. Target 1:2 Risk/Reward at bottom of Channel.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
Like 👍 and comment if you found this analysis useful!
60 days forecasting result...60 days has passed and this is where we're at currently. Seems to be right on schedule still.
For the up and coming next 23 days we are expecting more price action to the downside as per our prediction drawn up on September 29th. We are expecting prices to touch 53 cents.
Leading straight into Christmas our forecasts show a positive return to approximate 0.57 cents. A possibly good trade off between now & Christmas time for the bears.
Happy trading and/or DCA potentiality 😃
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!
Where we are so far.54 days worth of predictions and this is where we're at so far. Drawn up on September 29th.
There is still a chance we could move up slightly in price.. before the overall direction heads back to the downside.
Everything's leading up to March next year where I believe we'll see the beginning of the new Xrp bullrun. It's coming! Get your binoculars out 🏴☠️
End of December outlook...Pretty good so far after predicting the expected price path of Xrp drawn on Sept 29th. From here we can see my prediction shows Xrp will gradually fall off from these approximate tops to test the lows of the longterm uptrend leading up to New Years Eve.
I believe we're seeing the final moments of Xrp staying under $1. Come New Year 2024 Xrp will remain over 0.50 cents indefinitely.
New Year price drive!Here I have circled the end of a convergent zone for Xrp which typically will drive the price above 0.50 cents come New Year 2024. There basically will be no room to the downside and initially the potential to the upside is inevitable. Risk to reward comparison is being driven into the green and the sellers will be weeded out. So not much substantial time left for the sellers. No wiggle room left for profit margins in shorts.
So be of good cheer cos this is potentially the last moments (last few months) we'll ever see Xrp under 0.50 cents again.
A drawn out expectation of Xrp's pathFrom the fractals we've been observing 2 times already since March 2020.. we've completed 2 cycles of fractals that are in comparison identical in structural terms to each other. The 1st largest cycle fractal ended (within the price range) in January of this year before making a new smaller 2nd cycle fractal that has already been completed. This rise in price begins the 3rd and final fractal within the range that will take us to the pinnacle of the end of the wedge where Xrp must decide to breakout of the wedge pattern. This is in relation to the first created wedge pattern that occured prior to the 2017 Xrp bullrun.
As it is said.. history rhymes & this is what's to be expected for these final months where the overall falling wedge pattern ends at the end of April 2024. Highly anticipated that this will trigger the breakout to all time highs we've all been expecting.
The more we wait the more it becomes obvious. Happy hodling or trading 😄👍
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.
XRP going upto 1.35$ !!!**A friend asked me if I think there is any hope for XRP to go up.
I am presenting this analysis to my dear friend. The reason for the validity of this analysis is the Ichimoku cloud gap method, which has a very high accuracy. Therefore, the long-term first profit margin of XRP is $1.35 (of course, as I mentioned in previous analyzes with respect to the Gan method, the target is $2.1). In other words, XRP has no choice but to touch those points due to the gaps it has left behind along the way. And the optimal and reasonable point is $1.35. But unfortunately, in the future, it will see 0.17 cents due to these gaps. Good luck.**
XRP , TP is between 2.1 to 2.2$ !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.
Ripple is poised to break through all resistance levels...Ripple is a powerful cryptocurrency. The upcoming resistances will include 0.66, 0.68, 0.70, 0.72, and 0.76 cents. It also has two strong trend lines(green lines) from the past that will act as resistance.
The analysis style is based on Gann, trend lines, Ichimoku, ADX, and DI.