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Xrplongsetup

50 cent ...No I'm not talking about the rapper... I'm talking about Xrp price. I believe Xrp will begin heading back up towards a dollar now and these may be the final moments of Xrp hovering around 0.50 cents. So we may never see these prices ever again. It's all in the charts and from what I can see with the trendlines, Xrp should be at or above 0.70 cents by late January or February. If not triggering the beginning of the bullrun. It's all coming to ahead so buy now if you hadn't already done so. It'd be strange if you ain't stocked up by now. This has gone sideways for way too long.
BITSTAMP:XRPUSDLong
by Immortalsouls
Xrp crash already occurred??Just wanted to point out that this narrative of a crash occurring in Xrp has most likely (according to the charts comparison to 2017 crash) already occurred. In 2017 Xrp crashed from 0.0050's to 0.0030's.. and recently we had similarly 0.50's (average) to 0.38's. So maybe we've already had the Xrp crash everyone has been calling for. What I have been particularly paying attention to is the trendline angles to the upside. 2017's angles are less extreme, whilst our current Xrp trendline angles to the upside are higher. Therefore it makes sense we've already had the equivalent 2017 crash. Xrp is still way oversold.. and when everyone is calling for a particular narrative.. maybe start thinking opposite what they're calling for.
BITSTAMP:XRPUSDLong
by Immortalsouls
17
Launchpad formation____________Xrp still bouncing off this support line. This is still the same support zone that goes all the way back to 2021 straight after Xrp had gone up to $2.00. And no doubt forming a launchpad into the next bullrun. When Xrp fell below this support in 2022, it acted as resistance whilst Xrp gradually trended upward. We also see below that upwards trendline lower highs were formed supporting the increase in price action back to the support zone. We had the recent big breakdown below this yearly support zone, then we pushed back up above the trendline and here we are back on this crucial support zone that used to be resistance. This is why I now call it the launchpad to a new all time high. Expect no less than 0.70 cents by February or something bigger to occur.
BITSTAMP:XRPUSDLong
by Immortalsouls
Is it time???Just wanted to point out that the length of this huge convergence point in Xrp's chart has gone on much much longer than anticipated. If you take a look at the all time high and extend that to the next extreme high that Xrp had. We're talking from December 2017 (bullrun) to April 2021 (highest price). If we extend that timeframe from the April 2021 date all the way to now leading up to the present end date of September 2024, we'll have doubled that timeframe from all time high to most recent high. I'm expecting big things for 2024, and we're only just getting started!
BITSTAMP:XRPUSDLong
by Immortalsouls
Xrp still trending on pullbacks!Clearly Xrp is replicating what happened in 2017 before it's first major bullrun to $3+. We should take note that more than 8000 Xrp are still burned on a daily basis and ever increasing. This has minimal effect on the price yet we still see these frequent trendlines to the upside on these pullback wicks. They can't be sold forever and the sellers will eventually get rekt. From the previous 2017 bullrun we saw Xrp hit 0.0030 and so I believe Xrp won't go below 0.30 cents. Lowest possible before prices start moving back towards all time highs.
BITSTAMP:XRPUSDLong
by Immortalsouls
Australians before $1 priced out of XrpNot only are we getting close now to USD seeing the final moments being under 1 dollar per Xrp, but Australians are now at a pivotal moment in history where Xrp will never be under a dollar again very soon! There is only 10 cents USD difference between the lowest point buy to the highest point buy before Australians will not be able to buy under 1 Australian dollars again. 0.66 USD (cents) equals $1.00 dollar per Xrp for Australians. Why am I doing this chart? It's because I'm from Australia and giving our fellow Aussies a heads up before it's too late to buy under a dollar ever again. It's becoming a tight squeeze in this range. There's 6 cents USD to the buyout point to 0.66 cents and there's 6 cents to the lowest point buy being at the current price of 0.60 cents USD. Basically don't wait if you want these cheap XRP tokens because time is of the essence!
BITSTAMP:XRPUSDLong
by Immortalsouls
10
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.
BITSTAMP:XRPUSDLong
by Immortalsouls
XRP (UPDATED!) → Ripple Higher Highs! Long the Moon Candle!?Ripple has formed another pattern for us to take advantage of! My previous analysis showed a bear channel followed by what looked to be a forming double bottom. Now we have an ascending channel that appears to be putting in a second higher high. How do we trade this? We have most of the pieces we need to long with one crucial exception; the bull confirmation candle. The ascending pattern, higher highs, price above 30EMA and 200EMA, and RSI above the Moving Average, are all requirements for the long entry and we have them on this chart. Things to watch out for . Bitcoin as a leading indicator is at its Weekly Resistance, we need to be aware that if Bitcoin reverses here, it could stall market sentiment to the upside. Be ready to respond to a bear signal and follow through with any such long position. Trade Idea Long Entry : $0.62 Stop Loss: $0.60 Take Profit: $0.66 Risk/Reward Ratio: 1:2 Key Takeaways 1. Three Legs Down, Trend Reversed. 2. Two Higher Lows, confirming the second. 3. Price above 30EMA and 200EMA. Wait for a Confirmation Candle. 4. RSI at 55.00 and above Moving Average, Bias to Long. 5. Target 1:2 Risk/Reward. 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!
Long
by TraderEngineering
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!
Long
by TraderEngineering
XRP Aiming for $0.73? Don't Let the Bear Channel Fool You.XRP has been marching to the downside for weeks and it would seem there's no end in sight. Except that we're currently sitting on what *used* to be a resistance zone of $0.55-$0.57. RSI is around 40, Bitcoin could fall to $35,000, the million-dollar question is (hopefully literally): How do we trade this? If our only point of analysis is the bear channel, then we would always be looking for a short, which is reasonable. Several other data points interfere with that bias. XRP is currently sitting on what previously was resistance that is now being tested as support; in the $0.55-$0.57 price range. We also have 4 pushes to the downside (you could argue 3 and this is the double bottom) which is a reversal signal that we should watch out for. Bitcoin is also facing a potential pullback which as a leading indicator, could hinder XRP's ability to mobilize to the upside. The RSI is also around 30.00, a weak indicator on its own, but supports the other data points in this analysis. This is why we should wait for a bull signal and confirmation bar at support before rushing into a long position. We need that confirmation to increase our probability of profit. Key Points 1. In a Bear Channel, but 4 pushes down complete. 2. Currently Testing Previous Resistance Turning Support. 3. Wait for Bull Signal and Confirmation 4. RSI at 30.00, Reversal to the Upside Probable. 5. Use Caution, Bitcoin could fall further and take XRP with it. You are solely responsible for your trades, trade at your own risk! Let us know what you think in the comment section below!
Long
by TraderEngineering
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.
BITSTAMP:XRPUSDLong
by Immortalsouls
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 😄👍
BITSTAMP:XRPUSDLong
by Immortalsouls
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.
BITSTAMP:XRPUSDLong
by Immortalsouls
2