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Xrpusdanalysis

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 $1.35. But unfortunately, in the future, it will see 0.17 cents due to these gaps. Good luck.**
by khosrooparviz
XRP- Back under support, not good at allThe news that XRP is not secure triggered a strong move for the coin with the price almost reaching parity. However, after a normal correction and consolidation, instead of continuing to the upside, XrpUsd has dropped back under 0.55 old resistance, which should've provided support and it hasn't. Now, with the price back under this resistance and with the selling pressure all over the crypto market, we can expect a new drop to 0.4 support. I'm looking to sell with stop loss above 0.55
BITSTAMP:XRPUSDShort
by Mihai_Iacob
16
XRP , TP is between 2.1 to 2.2$ !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.
by khosrooparviz
7
Ripple XRP price has not yet gained the "strength" next riseA bit of time has passed since the rapid rise in the XRPUSDT price and emotions have calmed down, so it's time to take a rational look at the chart. The previous XRP price increase was surprising only in terms of the time it took to work out, but not in terms of price targets. Looking at the XRPUSD price chart now, it seems that the correction of the previous growth is still too small. Accordingly, the correction should continue, and the price of Ripple should fall. After this paragraph, here going to get a lot of dissatisfied "XRP believers" :) So let's put it this way: with our personal money, we would be ready to buy some XRP for our investment portfolio no earlier than the price zone of $0.59-0.61. And after that, hold it and wait for the next x2 growth with a desire to sell it in the price range of $1.15-1.25 P.S: At this stage, we consider "wet dreams" about the price of XRP at $5-10-100 or even $300, to put it mildly, inappropriate. Because then Ripple's capitalization will be larger than BTC, the entire crypto market now, than the capitalization of gold, the US government debt, etc. Hopefully, you have caught the logic and critical thinking.) But if "somehow" the issue and supply of XRP coins is denominated 100 or even 1000 times, then miracles can happen) _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
45
Buy the Dip: XRP's Breakout Sets the Stage For Test of $1.12?The XRP chart is shaping up to be quite intriguing following the massive breakout from the weekly accumulation period. So, what's next on the horizon? The charts are indicating that now might be an excellent time to consider re-entering this pair. The colossal breakout not only breached the Monthly SUPPLY/SELL zone that was formed last year but also underwent its first successful test of that level, likely triggering stops at the spike high. Since the breakout, we've been witnessing a gradual retracement back towards the initial breakout level. However, taking a closer look at the momentum of the price on the Daily charts, it seems we could be gearing up for the next bullish leg up. Here's the XRP chart for you to check out: My expectation is that the price will dip into the BUY zone I've marked in the image above. This zone holds significant importance since it coincides with the location of the previous weekly high that lost its validity due to the breakout, now serving as a critical support level. Right at this level, we find the 78% Fibonacci retracement level of the weekly swing up from 0.45, adding further weight to its significance. With the price gradually slowing down towards this level, my confidence grows in accumulating more XRP. My approach involves patiently waiting for a dip into the buy zone, followed by a clear signal on my TRFX indicator on the 8-hour to daily charts before making any moves. In terms of targets for this trade, the first one would be the swing high of the breakout at 0.95. And beyond that, I'm eyeing the Monthly SUPPLY/SELL level marked on the chart as the next potential target. It's essential to approach this setup with caution and wait for the right entry signal, as that can make all the difference in a successful trade. I hope you enjoyed reading this analysis and find it helpful in your decision-making process. Happy trading!
BITSTAMP:XRPUSDLong
by TheFxAce
17
XRP Target Area If that confluence of FIB numbers and trend lines isn't a bottom for bounce or break under and retest for market crash then idk what is If we lose 0.684-0.667 structure FIB 0.382 (0.598) from ATH to recent June 2022 FIB 0.382 (0.6002) June 2022 low to recent high FIB 0.618 (0.597) 4hr Swing low June 30th to recent high ATH to March 2020 FIB 0.5 (0.6151) And 1st Downside TP I use using FIB levels (plays out OFTEN) From recent high on 13th to to the dip on 14th at (0.6007) And the major Trend line (0.61-0.63) give or take From March 13th to Dec 29th where it formed
BITSTAMP:XRPUSD
by Wen2TradeOfficial
3
XRP 🌞 24-Hour Outlook; ☁️ for LTC, BNB, & DOGE?Mixed conditions ahead on the global crypto market with XRP, Bitcoin, and Ethereum facing sun 🌞 in the next 24 hours and week ahead. This signals a slightly bullish market with upside potential. However, Litecoin, Binance, and Dogecoin face clouds ☁️ in the next 24 hours, indicating a slightly bearish market with downside risk. Over a one-week horizon, this negative trend should turn into a positive one as the sun returns and shines over these crypto coins. 🌤️ Follow us for more crypto weather reports!
by ATTMO
XRP's Bullish Breakout: Inverse Head & Shoulders + Double BottomExcitingly, XRP's price action reveals a powerful combination of bullish patterns: the inverse head and shoulders and a confirmed double bottom on the one-hour timeframe. This alignment indicates a potential shift from bearish to bullish sentiment, signaling a promising breakout ahead. With the short-term target set at approximately $0.75, traders are on high alert, eagerly awaiting confirmation to capitalize on this potential buying opportunity. Caution is advised, as the cryptocurrency market remains volatile, but with the confluence of these patterns, XRP's short-term potential appears intriguing for those willing to seize potential gains. Stay tuned for further developments and trends to make informed decisions.
BINANCE:XRPUSDLong
by VanRojasCapital
XRP: Inverse Head and Shoulders Backs Double BottomTitle: Inverse Head and Shoulders in 1-Hour Timeframe Supports Double Bottom Pattern The cryptocurrency market has been bustling with excitement as traders closely monitor the recent developments in XRP's price action. A remarkable technical formation has emerged, pointing towards a potential bullish trend on the horizon. The combination of an inverse head and shoulders pattern along with a double bottom formation on the 1-hour timeframe has captured the attention of many investors, hinting at a promising buying opportunity. 1. Inverse Head and Shoulders Pattern: The first notable development is the emergence of an inverse head and shoulders pattern in XRP's 1-hour chart. This pattern is recognized by three distinct troughs, with the middle trough (head) being lower than the surrounding two (shoulders). The pattern typically signifies a shift from a bearish to a bullish trend, often indicating an impending upward price movement. As traders eagerly eye this formation, it adds to the bullish sentiment surrounding XRP. 2. Double Bottom Formation: Simultaneously, a double bottom formation has taken shape, reinforcing the positive outlook for XRP. A double bottom consists of two distinct troughs (lows) at approximately the same price level, separated by a peak (high) in between. This pattern signifies a potential trend reversal, indicating that the downtrend may be coming to an end and a new uptrend could be on the horizon. 3. Confluence of Patterns: The combination of the inverse head and shoulders pattern and the double bottom formation creates a confluence of bullish signals, intensifying the belief that a significant price surge may be in store for XRP. Technical analysts and traders have been closely monitoring these patterns as they seek to capitalize on potential gains. 4. Confirmation and Price Targets: While these patterns offer promising prospects, it is essential to await confirmation before making any trading decisions. A breakout above the neckline of the inverse head and shoulders pattern and the double bottom formation's resistance level would strengthen the bullish case. Traders should keep a close eye on price movements and look for increased trading volume to confirm the potential bullish trend. As for the price targets, projections can be calculated based on the height of the patterns. Conservative estimates place XRP's potential target around the neckline's height, while more ambitious projections could reach the combined height of both patterns. However, it's crucial to remember that the cryptocurrency market is highly volatile, and unexpected fluctuations can occur. In conclusion, the appearance of an inverse head and shoulders pattern and a double bottom formation in XRP's 1-hour timeframe has sparked optimism among traders. The confluence of these bullish signals suggests the possibility of a significant upward move. Nevertheless, prudent investors will exercise caution and await confirmation before making any significant trading decisions. As always, conducting thorough research and analyzing risk-reward ratios will be critical for capitalizing on this potential buying opportunity.
BINANCE:XRPUSDLong
by VanRojasCapital