Xrpshort
#XRP/USDT#XRP
The price is moving in a descending channel on the 1-hour frame and is holding it tightly and is about to break out to the upside
We have a bounce from the lower limit of the channel at 0.5220
We have a bearish trend for the RSI that is about to break out, which supports the upside
We have a trend to stabilize above the 100 moving average
Entry price 0.5300
First target 0.5555
Second target 0.5890
Third target 0.6290
XRP LIQUIDITY HUNT COULD CAUSE ANOTHER 18% - 19% DROP.XRP is very likely to seek liquidity below the lower wedge trend line before moving upward again. It's probable that the price will wick down to the $0.50 level to grab liquidity resting under the previous low. However, if it seeks additional liquidity, the price could drop to the $0.43 level before we see a significant reversal. If that occurs, this could be a great opportunity for a quick short to that level, followed by a reversal trade for the ride back up.
Good luck, and always use a stop-loss!
Interesting indicatorsXRP is trying to find its range. A possible head and shoulders appeared in the ascending triangle, but it's hard to tell. 200 MA isn't playing the break and had a resistance rejection. If this is a head and shoulders, I believe there will be one more pump before a reversal. If not, it will break the ascending triangle to find new highs and lows. From a fundamental point of view, XRP is likely unstable because of its upcoming appeal, making traders skeptical of its short future. At this point, if you are serious about XRP, look at XRP as a long-term investor. Bitwise filed XRP ETF. (INVESTOR NEWS) - www.tradingview.com
XRP (Crypto Ripple-USD) SELL TF H1 TP = 0.5730 On the H1 chart the trend started on Aug. 20 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 0.5730
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelievelnTrading
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!
XRP - 29c back on the cards for Cripple? 📉Hi Traders, Investors and Speculators of Charts📈
XRP has once again disappointed by being one of very few coins that did not rally during the recent BTC surge, which ultimately led to a new ATH. You would expect more from one of the altcoins-Titans, but unfortunately the fundamentals for XRP are looking terrible (at best).
The price has lost a long-standing trendline which acted as support, a bearish sign for the foreseeable future (until we can reclaim daily candles above):
XRPBTC is trading at all time lows (again) so if you ever did want to buy (for some reason), this would probably be a good time. The multiyear triangular consolidation keeps on heading lower and lower, each breakout failing into a further decline of value-loss against BTC:
The only thing I can really say about this... is that it is utmost disappointing. XRP has become a pool of liquidity to just drain and drain, dominated by sellers every time there is an upward trend in the market. The XRP market cap is getting smaller, and there isn't much growth happening on the ledger. XRP reserves help by executives is just a quick buck for Ripple to fund their slow-bleed company.
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BINANCE:XRPBTC BINANCE:XRPUSDT
XRP RIPPLE Technical Analysis & Trade IdeaXRP is showing a bearish bias on the daily and 4H timeframe. A break of market structure to the downside on the 4H chart with lower highs/lows reinforces this sentiment.
Intraday Opportunity: We are looking at the 61.8% retracement for a sell opportunity with SL placed above the previous highs, and targeting previous lows.
Disclaimer: Please note that this analysis is purely technical and not to be construed as financial advice. Always conduct your own thorough due diligence and implement sound risk management practices before executing any trades.
Warning! XRP looks like it's about to fall of a cliff!XRP has dropped below the bottom descending wedge trend line, and is now in very dangerous territory! If price fails to get back above the lower trend line, it looks like XRP will literally sh@t the bed, and fall off a cliff! If this is the case, we could see XRP in the lower .40's quicker than you think.
Selling into the market by short's opening short positions, forced liquidations from spent long positions, and panic selling by investors/traders who bought in the mid .50's hoping for a rebound, may cause 'The Perfect Storm!'
This will be very interesting to watch!
XRP RIPPLE Trade IdeaRIPPLE (XRP) has experienced recent downward pressure, retracing to the 61.8 Fibonacci level, as indicated on the chart. If the Dollar Index (DXY) advances following its current retracement, XRP/USDT may target further downside levels, considering the typical inverse correlation between DXY and XRP. It is crucial to emphasize that this analysis is provided solely for educational purposes and should not be construed as financial advice.
XRP → Ripple Heading Down to $0.53? This May Surprise You.XRP had yet another rejection off the top of the Triangle Resistance, pushing the price down below the Daily 30EMA. The crypto market as a whole is pulling back from its recent bull run. Are we going down?
How do we trade this? 🤔
I believe the crypto market is going to reverse to the downside in the coming weeks. Refer to my recent Bitcoin lifetime analysis for those details:
What does that mean for XRP? Given the large bear candle after contact with resistance closing below the Daily 30EMA, RSI below the Moving Average, the crypto market itching for at least a pullback if not a full blown reversal to previous lows, XRP has a high likelihood of touching the Triangle Support. The short-term trade option is to short scalp the market to the bottom of the Triangle with a 1:1 Risk/Reward Ratio. I would use a small position size give we have some distance from Resistance and that this is a scalp, which is inherently higher risk but in trade for greater probability of success.
💡 Trade Idea 💡
Short Entry: 0.61
🟥 Stop Loss: $0.67
✅ Take Profit: $0.55
⚖️ Risk/Reward Ratio: 1:1
🔑 Key Takeaways 🔑
1. Contact with Triangle Resistance, falling below 30EMA.
2. Last Daily Candle Closed Below 30EMA.
3. Gap to 200EMA and bottom of Triangle.
4. RSI at 44.00 and below Moving Average, Bias to Short.
5. Bitcoin Showing Signs of Reversal. Scalp Short.
⚠️ 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!
XRP/USDT 4HOUR UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
Chart Analysis:-4-hour chart, Ripple’s ascent faced significant resistance around the 0.74 level. Heightened selling pressure in this critical region led to a notable decline, characterized by an extended retracement towards the 0.5-0.618 Fibonacci levels.
Despite subsequent attempts by buyers to push the price beyond the 0.74 threshold, these efforts proved unsuccessful. This price action signifies market uncertainty, with Ripple undergoing a consolidation phase accompanied by low volatility.
substantial support is evident in the price range between the 0.5 and 0.618 Fibonacci levels. A potential decline below this critical range could signal an imminent significant downturn for XRP, and market participants should brace for notable changes under such circumstances.
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XRP/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this XRP/USDT update from Crypto Sanders.
Chart Analysis:- XRP is also bullish and managed to book a 5% increase this week. However, the resistance at 68 cents is still to be broken before this cryptocurrency can aim for higher levels.
The support at 57 cents held well, and considering that buyers are dominating the market right now, XRP could continue to perform in the coming week.
this cryptocurrency could break the current resistance and aim to reach the previous high from July when XRP got close to $1.
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XRP/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this XRP update from Crypto Sanders.
Chart Analysis:- XRP rose to a two-week high on Friday, following a decision by the Securities and Exchange Commission (SEC) to drop its case against Garlinghouse and Larsen.
XRP/USD peaked at 0.5291 earlier in the day, which comes following a low at 0.4831 the day prior.
As a result of today’s high, the ripple rose to its highest point since October 5, when the price peaked at 0.5325.
Earlier gains have now eased, which comes as the relative strength index (RSI) failed to move beyond a ceiling of 57.00.
At the time of writing, price strength is now tracking at 56.32, with the next visible floor at the 50.00 level.
The 10-day (red) moving average has also begun to trend upward, increasing the chances of an upward crossover in the upcoming days.
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XRP/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this XRP update from Crypto Sanders.
Chart Analysis, Ripple, was another notable mover on Monday, falling by over 4% in today’s session.
After reaching a high of 0.5218 on Sunday, XRP/USD plunged to a bottom at 0.4975 earlier in the day
This resulted in the world’s fifth-largest cryptocurrency moving to its weakest point since September 18.
Monday’s move occurred as the RSI retreated towards a support level at the 43.00 mark for the first time in three weeks.
the index is now at a reading of 43.60, with ripple trading at 0.5014, following a three-day losing streak.
In the event that the RSI falls under 43.00, XRP will likely edge below 0.5000 in the upcoming days.
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XRP/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this XRP/USDT update from Crypto Sanders.
Chart Analysis:- XRP was another big mover on Wednesday, as the price attempted to break out of a key resistance level.
After Tuesday’s low at 0.5075, XRP/USD rallied to an intraday high of 0.5449 during today’s session.
As a result of this surge, the world’s fifth-largest cryptocurrency briefly rose past a ceiling at 0.5400.
Earlier gains have since edged lower, which comes as the RSI fell below a ceiling at the 62.00 mark.
The index has since dropped further, and is now tracking at 56.57, and seems to be heading towards a floor of 51.00.
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XRP/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this XRP/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- XRP was back in the green on Friday after the Bulls abruptly ended a three-day win streak during yesterday’s session.
Following a low at 0.5025 on Thursday, XRP/USD moved to a peak at 0.5134 earlier in the day.
The surge saw XRP, formerly Ripple, once again make strides towards a key resistance level at 0.5450.
it appears that the rebound came as the relative strength index (RSI) climbed back above a ceiling of 47.00.
price strength is now sitting at 48.72, with the next visible ceiling near the 54.00 region.
In the event this target is hit, there is a strong likelihood that XRP will move above 0.5400.
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XRP/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this XRP/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- XRP was a notable gainer on Friday, as the cryptocurrency climbed higher for a fourth straight session.
XRP/USD peaked at a high of 0.5051 earlier in the day, which comes a day after trading at a low of 0.4824.
As a result of today’s gains, XRP, formerly Ripple, rose to its highest point since September 1, when the price traded at a high of 0.5115.
the move occurred after the token broke out of a resistance level at 0.4920.
This took place as the relative strength index (RSI) briefly escaped a ceiling of its own around the 38.00 mark.
Price strength now sits at 38.42, with the next visible point of resistance at 42.00.
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XRP/USDT 1DAY UPDATE !!hello, welcome to this XRP/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Detailed examination reveals a multi-week consolidation phase that unfolded after a bullish bounce above the 200-day MA in mid-August. Ripple price saw minor volatility during this consolidation period, remaining close to the 200-day moving average, at around $0.51.
However, the scale tilted in favor of sellers as supply outstripped demand, leading to increased selling pressure and, as a result, a drop below the 200-day moving average. This MA is generally considered an important level of support or resistance, and its violation underlines the prevalence of bearish sentiment in the market, with the potential for further downside.
While a slight upward retracement, creating a pullback towards the broken MA remains a possibility, the overall outlook for Ripple is bearish, with the next likely destination being the critical support area at $0.42. Therefore, the upcoming price action is extremely important, as it could potentially determine the path forward for Ripple.
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(XRPUSD) : Broken Daily Uptrend Hey guys, I hope you're all doing well. For XRP, the main thing that is obvious and can show the possibility of a fall in price is the weekly downtrend (attached on the chart). So it can show me the destination of the price for a much longer time. Another reason is the respect of the price in the resistance area (2 times, between 0.54 and 0.55 areas). In my opinion, the price will fall step by step until it reaches the 0.31 or 0.30 area.
May you all be PROFITABLE,