XRP/USD 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this XRP/USDT 1DAY chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome to this chart.
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CHART ANALYSIS:- On the daily chart, the negative momentum slowed marginally as the asset approached the support zone in the $0.3 to $0.33 region (in green). However, this cannot be considered the end of the downward spiral.
After 50 days, XRP hit the descending line (in yellow), which now serves as support. If the pair closes below this level, the price is anticipated to fall to around $0.24- something it has not seen since January 2021. Until the price can reclaim resistance at $0.42 (in red), it is premature to talk about the end of the downtrend.
A break and close below $0.30 would likely be accompanied by heightened selling pressure. In this circumstance, a prolonged bear market becomes very likely.
This is not a piece of financial advice.
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Xrplong
This line is of great importance!!The bearish noobs out there are telling people like me and you that Xrp will go to 0.28 cents or 0.30 cents, but they aren't experienced enough in crypto.
The same are still calling Xrp Ripple when Ripple is not Xrp. If the 'company' Ripple disappeared tomorrow, Xrp would still exist. It has nothing to do with Ripple when Xrp is fully decentralised.
Now what is the chart telling us? Forget the naysayers. We can see Xrp trend setting the price upwards. By December Xrp most likely will never fall below 0.33 cents ever again.
As I've stated in the past... Xrp is way undervalued. It shouldn't even be below 0.65 cents which is the mean bottom. Now Xrp is in a double bottom position, hence why I'm confident the current bottom upward trendline tells us price action whereby Xrp will never drop below again.
Come 1st December.. Xrp will never drop below 0.34 cents again. Come New Years Xrp will never drop below 0.35 cents again.
We're seeing 👀 history in the making!!
The trend IS your friend!! Jig is up ⤴️Amateurs keep posting 0.28 cents and 0.30 cents for Xrp. In one of my previous posts I have already given a reason why it's very highly likely Xrp will never go below 0.31 ever again. That reason is because of the overall trend setting upwards pathway of the Xrp chart direction. The trend! As well as 0.31 cents BIGTIME support! (See my linked chart.)
The trend is your friend.. until it's not... and Xrp is staying right on course! Don't listen to amateurs who don't understand the tech.. nor the utility and adoption rate. Xrp to tha Moon! Yyooo!!! 🌙 🌚
Ps: Xrp is crazily UNDERVALUED....!
RIPPLE - Fundamental News Strong Support.The momentum that gave 10% local growth from the pro-trade tells us the intention of the price to show growth further.
The news that's been circulating around the internet says:
"Ripple CEO: already 12 independent organizations from the world of finance are promising legal support for Ripple in proceedings against the SEC."
Perhaps these events are luring traders into longs playing on emotion, for further gains at the expense of their stop losses.
If you like the idea, do like it. That's the best "Thanks!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
Pay attention to the missed opportunity to work out the trading situation.
XRP/USDT - LONG----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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⚡️⚡️ XRP/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Long)
Leverage: Cross (1.0X)
Entry Orders:
1) 0.4727 - 100.0%
Take-Profit Orders:
1) 0.5029 - 70.0%
2) 0.5331 - 20.0%
3) 0.5582 - 5.0%
Trailing Configuration:
Stop: Moving Target -
Trigger: Target (1
#XRP/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this XRP/USDT 1DAY chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome to this chart.
Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS: The cryptocurrency was recently rejected by the upper trendline of the bearish flag pattern and dropped to the middle boundary. This level nearly aligns with strong short-term support at $0.45.
If the price drops below both the boundary and the $0.45 support level, a plummet toward the channel’s lower trendline will be inevitable. Contrarily, if XRP successfully surpasses the multi-month descending trendline, a rally toward the $0.85 resistance region is anticipated.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
thank you.
Xrp... volatility! Buy the rumor sell the news.Xrp has a breakout that will occur by March 2023. A lot of hype now that crypto is being claimed to have become volatile.
Well... they love to make people fearful when crypto is already in fear on the fear and greed index. So what do we do? We BUY the rumor leading up to the news, and sell later.
Xrp 0.31 cents is now bigtime support!Hate to see the bad 🐻's giving people terrible advice.
Considering that we had a relatively large recovery from the big liquid sale just recently, a bottom has been created for Xrp. It just doesn't make sense to remain bearish, especially in a consolidating current timeline.
In light of this huge support at 0.31 cents.. in my opinion Xrp may never see below 0.31 cents again. This leads me to believe that Xrp has only upside potentiality, and still more of that liquidity sales drop to recoup. Therefore we should be bullish. Cheers to the upside 🙂
XRPUSDTPERP - Re-accumulationIf from the current price the buyer will not be able to break through the local resistance for further movement, we are looking for an entry point into the long at the lower boundary of the range. On the chart after the breakdown of the trend and the formation of the range, we see that the spread is narrowing and the volume is falling, which tells us about the absence of large sales.
If you like the idea, do like it. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
XRP|USDT - Is 0.34 next for Ripple?It is quite possible that we're still in triangle Global Wave of (B).
Main target zone: 5 - 7.5$
Risk/Reward: 1 to ~30
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
XRP|USDT - Will we brake 0.50The support for the XRP/USD pair is seen at the $0.3576 level, and the bulls are currently aiming for a breakout above the $0.4215 resistance level . A bullish continuation could see the price reach highs of $0.48 in the near term. The 24-hour trading volume for XRP is $3.806 billion, and the coin is currently changing hands at $0.4134 while the market cap is at $20 billion.
Ripple price analysis shows an uptrend
Support for XRP/USD is present at $0.3576
Ripple’s key resistance is seen at $0.4215
#XRP/USDT 1DAY UPDATEHello, welcome to this XRP/USDT 1 DAY chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome to this chart.
Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS :
Ripple (XRP)
Ripple has managed to sustain a price above the key support at $0.44. This allowed it to close the past seven days in green with a modest 1.5% price increase. The key resistance continues to hold at $0.56.
Yesterday’s price drop and volatility did not shake buyers, and this cryptocurrency remains on the offensive, with buyers continuing to show strength when other altcoins, such as Cardano, have lost their key support level. For this reason, XRP remains bullish.
Looking ahead, bulls may attempt to break away from the key resistance at $0.56, which would open the path for XRP to rally toward $0.70 and above. Until this happens, buyers need to be on their guard, as sellers will capitalize on any weakness as the price approaches the resistance.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Ripple - possible buyer's test.Resistance did not allow the price to accelerate above the local highs. This was followed by a breakout of the local trend line. Resumption of purchases is possible from the support area. If the test is not successful, we expect a breakdown even lower.
If you like the idea, please like it. That's the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
$XRP - Hedging Bullish Against Pevious Call? *SMT**SMT* = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges , trendlines , channels, harmonics, etc. has any effect on how price reacts. I'm Sorry, but you won't convince me that Tasla or Bitcoin knows it has created a triangle and that it knows how to react from that? It does and will remember price levels, that's it. The second is to recognize that the price is not random, it is set by an algorithm controlled by those that control the asset. The Third thing to remember is price will do 2 things 1) move toward attacking where there is Liquidity (Equal Highs, Equal Lows, phantom Trendlines etc.) and 2) Move toward Imbalance (Fair Value Gaps, Liquidity Voids. Open Gaps) That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas.*
I batttled withthis and had two ideas and I've narrowed it down to one. It should fill the 4 hour fair value gap bellow before shooting up and filling the Weekly fair value gaps created back in May/April
So Currently the price dropped today in the new day and month but has not finished out the week. And I don't think that my original idea will be finished out this week. I do believe that the price will Move up. because if you look at the current Wave, the 162% is the current high within the last few days . Additionally it is within the weekly Faif value gap that it entered and droped created an Instititional Order Entry Drill (WHICH IS THE CURRENT HIGH) Now you can enter now with little leverage and leave a atop loss of about $0.42000 as well as a second entry of $0.4400 with the same stop loss. also with very low leverage. The reasoon I have it bullish above these prices are because the last quartly highs haven't been above $0.4100 and I would expect them to stay above that considering the weekly fair value gap prices.
However, I do take a step back and think that it could fulfill the current 4 hour fair value gap before moving updward and then fulfilling the weekly fair value gap before getting to the current high. So that's why I have a thir entry, this would be high leveraged and the current 4 hour fair value gap price jumps from .4050 to .4230
Lastly I have an entry of $.42500 with a stop loss that would cover the 4 hour fair value gap and that entry would be the last bullish order block of $0.42545 covering to the previou areas consolidation low of $0.3760 ( 9however, if this is what you think you might as well add more leverage to your short and us these numbers as take profit) although, it' really the 4 hour FVG Low of 0.40550 that O dpn't think it will get lower than before I put on a high leverage long through the current Weekly Fair Value Gap and Hoping It gets to the other weekly Fair value Gap just above it. as you can see the weekly lows of the current chart are balanced vut where there is a weekly fair value gap above that price usually wants to fill, this is where the unbalanced act is that needs to be balanced. If it does fill the below 4 hour fair vlaue gap, my previous idea's take profit is complete and then it should move up to complete the banlancing of the weekly now that the daily's have been balanced.
But if it goes up first and completes the balancing of the weekly, I wouldn't be surprised to see price not hi my original stop loss and turn around and filll the 4 hour gap.
So just to be clear here is what I think the scaenarios are on chart
1. Now until $.4400 is an entry with a S/L of $0.42 Staying above highs. but falling again once it covers the weekly FVG near 5585
or
2. Entry at or below $0.4250 to $0.40550 To up above 0.5585 In which case the original idea has hit it's Take profit and now we're just going the opposite way
So while I believe it is going to long, right now, it's whether it's going to go long short term and fall back to cover the 4 hour? Or cover the 4 hour FVG first and then go long?
Considering most prices still follow bitcoin and I think Bitcoin still has time to get to it's ultimate low of $15,6 I think it's going to cover the second option first, clear out my first take profit and then head to my second. Giving it a 3.25 R:R. However, if you think right now is the time to go long, then you have a 2.75 R:R ... This is why I currently have a small amount in low 3x leverage going long, because if the second comes true, I can get 4 times the amount if I enter correctlty with 12 x leverage. Because I believe either are going to win. And I might Just not enter a second time until .41 and just ad double my current entry and have 15x leverage rather than losing any at all.
Quite a bit to think about but any of these scenarios I believe are winners, It's just paying attention to Bitcoin now.
XRP must break UP or DOWN!!!! ↕️Xrp is now being tight squeezed! Something BIG incoming!
This is also a huge falling wedge and a falling wedge is more so likely a bullish scenario as the sellers lose selling pressure.
If Xrp breaks up through this falling wedge we could see huge potential gains for the XRP Community 💪
Brad Garlinghouse said it just the other day that he believes the SEC lawsuit will end early 2023. This most definitely coincides with this bullish falling wedge scenario. A catalyst for Xrp to reach all time highs!
Strong bullish longterm resistance begins @ 0.34 usd!!
It's all playing out nicely! Make sure to buy up before this breaks!!! 🚀🚀🚀🚀🚀🚀🚀🥳🥳🥳🥳🥳🥳🥳