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Xrptrading

XRPUSD: Preparing for a major move. Will it be up or down?XRPUSD is dead neutral on its 1D technical outlook (RSI = 53.714, MACD = 0.06, ADX = 26.919) as it is consolidating over the 1D MA50 but at the top of the short term Triangle. This top is also near the LH trendline of the long term Descending Triangle pattern and has been acting as Resistance since July 13th 2023. A crossing over it will push it towards the R1 level, in which case we will aim for a new +70.60% rise (TP = 0.8500). The longer it fails to cross over the LH trendline though, the more likely it is to get rejected, at least on the short term back to the S1 level, so for now we keep a short on a tight (LH) SL targeting for the S1 level (TP = 0.5200). A quick look at the RSI fractals of the Descending Triangle is enough to see a similar pattern after each High. The current one though is more bullish than the rest as at this stage the others had already made a deep correction towards the S2 Zone but the current hasn't, potentially hinting to a breakout. This is why this is more likely to happen now than before. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:XRPUSD
by InvestingScope
Cryptolean Ripple XRP Update After finding a resistance at $0.73, XRP is confirming $0.65-$0.675 zone as a support, which is highly positive I expect this support zone to hold. XRP is gearing up for a bullish rally to the previous local high at $0.93 and, possibly, higher. A daily candle closure above $0.73 will result in a move towards $0.79 and higher. An inability to sustain the price action above $0.65-$0.675 support zone will lead to a decline to $0.59. Intraday Chart In the 4-Hour chart of XRPUSDT, the Ripple coin has already tested the resistance of $0.746 and now is heaving a pullback trying to confirm the key intraday zone of $0.691-$0.715 as a support. A bullish break-out of $0.71 will push Ripple XRP to the next intraday resistance target of $0.772 and higher. A inability to sustain the price action above $0.69 will result in another bearish dip to $0.657 or, lower, to $0.628 that could lead to a bullish rejection towards $0.69-$0.72 and higher. XRP is bullish in the daily and intraday charts and I expect to see a continuation of a bullish move soon. Like once read. Thank you!
Long
by Trade-Lean
XRP | Price may rise more...Bullish volume is still highXRP | Price may rise more...Bullish volume is still high During the previous analysis, the price was above the small structure and as we can see after the price developed more now it is above the second structure that I was looking at. Price is increased nearly +75% from the bottom where I shared the previous analysis and it keeps rising very well. On the 4-hour chart, we can see a type of triangle pattern. After the price will bounce above the small pattern should increase further. Targets: 🎯 0.59567 🎯 0.70017 🎯 0.88119 Thank you and Good Luck! Previous Analysis: Previous Analysis:
Long
by KlejdiCuni
22
XRP LONG TERM TA WITH MASS ADOPTION!- As you can see XRP has been supressed for 1,400 + days now, it still has not broken its ATH! - It was the number one crypto in the previous BULLRUN! - Its clear the SEC are just taking the piss, they have let ETH with a free pass even though they also had ICO's (INITIAL COIN OFFERING) - The price would have been at around $5-15 easily if the SEC didn't stick their leg into the project!!! - But its clear XRP will bridge CBDS's so long term we will see a 3 DIGIT XRP!! - I am not so sure about 4-5 digits that could take some time, remember RIPPLE did say we will first take over the remittance market which I believed they said was around $150 TRILLION and only then they said they will focus on other avenues!!
BITSTAMP:XRPUSDLong
by ALTCOIN_BEAST
3
XRP too 1.45Since the 11th of Aug. we've been on the massive Uptrend & haven't slowed down yet. We have had some Wedge patterns develop which we have continued moving up, we have just now broke through the top of another wedge as well. If you take a look at the RSI there has been a Triple Bottom created over the past 7 days which also indicates we may continue too see this Uptrend send us too $1.45 moving through the week. If we do break this trend we may fall to $1.10 which would be a solid entry point to average down.
by Kyle_Kinnaird
What would happen if '17 repeats again in xrp this '21Sometimes just for fun I like to play around with extensions and see what happens... this time evaluating XRPUSD i found something quite interesting. If that was the case, and we are reliving the '17 pattern, look at what would be the target of the first wave, more or less 1.96! what is more amazing is... the correction of this wave should be.... 0.85!! (so far so good for this 2021 first wave!0.17-1.96-0.88) If that doesn't rythm... well just take a look at the dates by yourself! first wave on March followed by april correction (simple) third wave on May followed by jun/nov correction (complex) fifth wave december/january. It's nice to look at the highs but the corrections ar enormous! -57% and -44% respectively to second and fourth waves... I'm a long time holder and I'm used to it but hey... if I see that 11.3 by June... you guys know who will be getting that 4th wave correction xD I'm aware of SEC's lawsuit and everything but, 500b$ market cap (+-11$/xrp) doesn't sound crazy at this point with all the craziness we are living. What I see crazy is the 5th wave target 93.5$/XRP or 4.25Trillion $ market cap at current circulating supply! but hey.... who knows! (maybe what certain scrow manager suggested becomes a reality and some 50bn XRP dissapear! or maybe thhey deem XRP as a security in the USA and this goes to nothing) I repeat, this is just for fun and the intention of evaluating crazy targets (and possible rythm with the past!) If some of this becomes true... enjoy, be responsible, and take profits! you've earned it!
BITSTAMP:XRPUSDLong
by kncokoff
3
XRP - Buy The Dip Hi, I updated you last week about the most important trendline. We have now backtested the trendline multiple times + we have also a beautiful uptrend that held very well. SMA50 and SMA100 helped us to recover from the support level $0,40 and I think we are going to see a bullish momentum in the next couple of days. I expect we are going to do the same structure as before to break the resistances $0.63 and $0.75. We need that 🙌🏼 Be patient and don’t panic 🚀
BITSTAMP:XRPUSDLong
by GOAT1375
XRP - Most Beautiful Chart Ever I have found many interesting thing here. 1.) We broke the important trendline last week (the red ellipse)☑️ 2.) We are in uptrend right now ☑️3.) We had to back test the support level 0.475-0.49 to check if it holds and we have done it, but we have to close a weekly candle above it to be 100% sure.☑️ 4.) We have made double bottom in RSI and it’s a good sign. ☑️5.) Next week we are ready to test the resistance 0.75, once we get above it the next resistance is 0.94-0.96. I think this is going to happen likely, so be patient and don’t panic 🙌🏼
BITSTAMP:XRPUSDLong
by GOAT1375
5