XRP formed a bullish Shark move | A good buy opportunityHi dear friends, hope you are well and welcome to the new trade setup of XRP with US Dollar pair.
Previously I shared a long-term trade setup for XRP, which is still in play as below:
Now on a 4-hr time frame, XRP has formed a bullish Shark pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Xrpusdanalysis
XRP looking like a snackhonestly, from nothing more than this perspective this doesnt look half bad. near the ideal accumulation area for a value purchase, significant upside to the POC alone which aligns nicely with equilibrium, let alone the premium range sitting above that. in terms of the recent change in character could signify a break in market structure. meaning this area could easily be seen as accumulation range that its been trading in for the past few months. potential this goes lower is there dont mistake, i wouldn't be surprised to se this sub .20 but at the same time its closer to the bottom than the top it seems. could be a real potential longer term value pickup here
XRPUSD - head and shoulders (75 % downside potential)XRPUSD similary to other altcoins has been in a brutal downtrend and it keeps looking bearish.
What we can see on the chart is a potential head and shoulders formation on the weekly timeframe.
MACD looks bearish as well. Decreasing bars of positive momentum and potential bearish cross may help bears to drag the price down
We believe that if we get some catalyst (for example: Ripple loses vs SEC) it would be a trigger for the price and we may see a huge dump.
Keep in mind that it's a weekly time frame therefore reaching the target from the head and shoulders pattern may take many months.
Good luck
XRP should start moving soon XRP the case deadline is set by 31st march 2023.
We might see accumulation and also possible a dip accumulation around 0.28 zone. XRP's accumulation zone I 0.22 to 0.32. XRP might be the only BULLISH coin in 2023 once the SEC ISSUE clears out. Ripple already opted to leave USA if SEC continues to create issues. BOFA intends to partner with RIPPLE So Ripple stands on. very solid ground.
XRP - Long Term Target > 500$ As you see in th chart, an increased waiting period means a more substantial new ATH level as on the 500$ levels. The only crucial point is the SEC decision on #XRP (RIPPLE). If it is positive, we can rapidly reach this target within two years. Otherwise, XRP can not predict short-term investors.
XRP seems ready to fly, All it needs is the news XRP is ready to fly, all it needs is a good news and court settlement of the ongoing case. The chart has been following all ideal of chart but denying to go up since looks like everyone;'s eyes are glued on the news. But a positive move by the fed can move BTC and also XRP.
XRP Might test local support XRP has a lot of resistance around the 0.3940 zone and will happen so until BTC moves more or there is some more good news. It might re-test local support and rebound. PS: Idea is valid if BTC remains long and positive unless we hear something positive with the SEC news.
XRP Broke the downward Channel XRP broke the downward channel and is attempting to form an upward movement. There is a resistance at 0.394 onwards and support at 0.37. 0.32 happens to be a very strong support so far and a good liquidity zone. IF BTC remains flat to positive and some news come as its already due. XRP can fly like nothing else you have ever seen.
INCOMING 0.394-5 then possible bounce back of the support.At the moment it's unclear what is happening at the market but by predicting local price movement we can briefly understand what can happen in future. At the moment I will be looking to hit 0.395 and then without a rush watch what the market will show us. I also have a belief that we can drop down more if we do it will be 0.35-34 levels. A lot of bad news in the world which could impact. Also, gotta watch what BTC does.
XRP SHORT SETUPHello, dear traders. how are you ? Today we have a setup to SELL/SHORT the XRP symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Today 2 Resistance levels 0.41 & 0.42. Can reach both then down!Today we already hit the first resistance level . BTC dominance has dropped so we might see XRP trying to hit the second stongest level of resistance at 0.42. Then i belive we will continue our way down and start monday of by bleeding down. Bottom targets are still the same 0.393 achieved. 0.388. 0.375 Hopefully I made it clear for you If this was helpful i would aprecciate a boost!
-P.S Later today ill make a post on the long term prediction price movements.
Ripple XRP price ready to change the trend to growthThe name of the idea speaks for itself.
To see the global trend channel of the falling price of XRPUSDT, we invite you to take a look at this idea 👇, because today the analysis will be on less timeframe.
The main achievement of XRP can be considered that the price did not update the lows that were set in June 2022.
It's hard to pronounce it, but: buyers of XRPUSD showed more strength than buyers of BTCUSDT, who allowed the price to update the lows of 2022.)
This means that the time has come for the realization of the strength of buyers. We see this in the form of the future growth of the Ripple price along the following route:
Growth impulse - consolidation under $0.50 - growth impulse - breakout of the trend line - reaching the local target of $0.60 - $0.65
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XRP USD Analysis (Final stop of the $0.30 and off to a Bull run)Hi
Back again
Monthly demand zone confirmed
Weekly support confirmed for the last couple of weeks now
Overall strong support on Daily with last Kiss confirmed
Let's buy some XRP
Target is $0.70 and higher over the long-term
Buy some and let's reconvene in a couple weeks or months.
XRP/USD Multi-Timeframe Analysis ! Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
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.