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XRPUSDT

2.5 to 1 Risk vs. Reward, XRP TRADE SETUP. XRP is looking ripe for a nice bounce here. Now that the price is resting on top of the upper trend line, it's looks like a great opportunity to put on a small trade. I really like this setup here, especially going into Sunday, as I think a lot of people are looking to add to their XRP positions at these levels before it hits the .60 cent level again. I may be a little early on this trade, but with the risk vs. reward, I think it's worth a shot. Don't follow my trades, come up with your own ideas. Don't be a follower, be a trailblazer!
BITSTAMP:XRPUSDLong
by MetaShackle
XRP/USDT 4H IntervalHello everyone, let's look at the 4H chart of XRP to USDT, because you can see that the price has broken out of the descending triangle. Let's start by setting goals for the near future that we can include: T1 = $0.59 T2 = $0.63 T3 = $0.68 AND T4 = $0.71 Now let's move on to the stop loss in case of further market declines: SL1 = $0.56 SL2 = $0.50 SL3 = $0.47 AND SL4 = $0.42 Looking at the RSI indicator, we can see that we are staying above the upper limit, which may indicate an attempt at price recovery.
by cryptodailyuk
ARBUSDT ( TRADING BELLOW TURNING LEVEL ) ( 4H )ARBUSDT HELLO TRADERS The current price is trading below turning level at 0.59. Consolidation and holding below this level would provide strong support for a price decline towards the support level (1) of 0.51. However, if the price breaking and a four-hour candle closes above this level, it may lead to a rising towards resistance level (1) . Downward Zone: As long as the price stays below the turning level at 0.59 , ARBUSDT is likely to dropping towards support level (1) at 0.51 . If a 4-hour candle closes below this level , it could push further to 0.42 , then 0.42 . Upward Zone: by breaking turning level around 0.59 , it suggests a increase towards resistance level (1) at 0.67 , confirming a upward trend. If the price stabilizes or stays above this level, there is a strong likelihood of reaching the resistance level (2) around 0.73 or possibly even rising . CORRECTIVE : currently price it will be attempt to retest to reach a turning level at 0.59 before dropping . TARGET LEVEL : RESISTANCE LEVEL : 0.67 , 0.73 , 0.82 . SUPPORT LEVEL : 0.51 , 0.47 , 0.42 . Turning level at 0.59 , Time Frame ( 4H ) .
Short
by ArinaKarayi
2
XRP: SEC vs Ripple Case Closed -(Don't Get Your Hopes Up Though)The 4 Year war is over for the worlds most hated altcoin. Judge Analysa Torres has ordered Ripple to pay $125 million in civil penalties and cease any further violations of securities laws, concluding the outstretched legal case against Ripple. This penalty is favorable for Ripple, given that the SEC had originally claimed a $2 billion fine. Considering the XRP army is still fairly strong thanks to paid youtubers and Twitter/X shillers, I'm expecting a short term volatility and wicky price action similar to what happened the previous time Ripple announced an SEC victory. Noteworthy that XRP has ALREADY gone through a pre-emptive pump, increasing nearly 50% BEFORE the official announcement, likely due to insider trading as is typical with these kinds of things. The previous 24-hours saw a trading volume of around $1.68 billion, indicating that whales are moving and the biggest action is likely already over. The market capitalization of the altcoin is currently $29.5 billion, which is ridiculous considering there is no actual usecase for the alt after 12 years. To be completely objective - this COULD change, IF Ripple could come up with an actual usecase for XRP that somehow burns the enormous supply . Unfortunately, up until this point, it has been used by the board members as a liquidity pool to fund their actual company (Ripple). I don't think it would be wise to trust them considering they have shown their true colors and misused the once promising coin as well as the community. ________________________________ BINANCE:XRPUSD CRYPTOCAP:XRP
BINANCE:XRPUSD
by CryptoCheck-
XRP - Trading Inside the channel - Pending BreakoutBINANCE:XRPUSDT (1W CHART) Technical Analysis Update XRP is currently trading at $0.57 and price is trading inside in the channel. Price got successfully bounced back from the support line and now trading near the resistance line, A clear breakout will confirm the bullish trend of the XRP. We can enter the long trade after the confirmed breakout. Entry level: $ 0.7040 (Candle close above the channel Stop Loss Level: $ 0.4158 TakeProfit 1: $ 0.8563 TakeProfit 2: $ 0.9925 TakeProfit 3: $ 1.1653 TakeProfit 4: $ 1.4356 TakeProfit 5: $1.8800 Max Leverage: 2x Position Size: 1% of capital Remember to set your stop loss. Follow our TradingView account for more technical analysis updates. | Like, share, and comment your thoughts. Cheers GreenCrypto
Long
by GreenCryptoTrades
XRPUSDT ( BETWEEN TWO TURNING LEVEL ) (4H)XRPUSDT HELLO TRADERS price of BINANCE:XRPUSDT inside sensitive area between two turning level , currently it will be attempt to reach turning level (2) . Tendency, the price inside sensitive are between two turning level around 0.5822 and 0.6184 . Upward Zone : in order see increase , if the price corrective turning level (2) and stabilizing above this level should be trying to reach turning level (1) at 0.61844 , to confirm up trading , the price will be breaking turning level (1) to reach resistance level (1) at 0.6508 , after by closing 4h candle above it reach a resistance level (2) at 0.6939 . Downward Zone: by breaking turning level (2) at 0.5822 , the price should be trying to reach support level (1) 0.5595 , after stabilizing below this level could further support to reach of as next level at 0.5144 . TARGET LEVEL : RESISTANCE LEVEL : 0.6508 , 0.6939 . SUPPORT LEVEL : 0.5595 , 0.5144 .
by ArinaKarayi
1
XRP ReboundsXRP has been impacted by the recent market downturn. The price of XRP is currently at $0.4884, having found support after a significant drop. This movement reflects broader trends in the cryptocurrency market, which has been affected by various macroeconomic and regulatory factors. Key Factors Influencing the Market Crash Macroeconomic Concerns: Interest Rates and Economic Slowdown: Investor fears over a potential slowdown in the U.S. economy and emergency rate cuts by the Federal Reserve have triggered a broader sell-off in risk assets, including cryptocurrencies. Regulatory Uncertainties: Delay in ETF Listings: The U.S. Securities and Exchange Commission's delay in approving spot Ethereum ETFs has created uncertainty and negatively affected market sentiment, leading to increased selling pressure. Global Market Trends: Strength of the U.S. Dollar: The recent strength of the U.S. dollar, bolstered by the European Central Bank's rate cuts, has added pressure to the cryptocurrency market as a strong dollar typically results in weaker performance for risk-on assets. The MACD is bearish, indicating downward momentum with the histogram at -0.0054 and MACD line at -0.0299. The RSI is at 34.32, suggesting that XRP is nearing oversold conditions, which could indicate a potential for a rebound. With %K at 39.52 and %D at 30.30, the Stochastic Oscillator shows that XRP is in oversold territory, signaling a possible short-term recovery. Conclusion and Market Outlook XRP has experienced significant downward pressure but has found support at $0.4596. The technical indicators suggest a cautious outlook with potential stabilization at current levels. Monitoring the resistance levels at $0.5330 and the dynamic support at $0.3823 will be crucial for determining the next directional move.
by MonoCoinSignal
Selling the Ripple-SEC Settlement News: A Cautionary TaleThe cryptocurrency market is notoriously volatile, driven by a complex interplay of factors including technology, regulation, and investor sentiment. One phenomenon that can significantly impact prices is the "sell the news" event. This occurs when a positive event, anticipated by the market, fails to live up to expectations or is followed by profit-taking, causing the asset's price to decline. The potential settlement between Ripple and the SEC is a prime example of a situation where investors should exercise caution. While a resolution to this long-standing legal battle is undoubtedly positive for the cryptocurrency industry, it's crucial to approach any potential settlement with a critical eye. A look back at the initial ruling in June of last year provides a stark reminder of the risks. Following the favorable decision, XRP surged dramatically, only to reverse course and plunge shortly thereafter. This classic "bull trap" highlights the importance of avoiding emotional decision-making and conducting thorough analysis before making investment choices. Several factors could contribute to a "sell the news" event in the case of a Ripple-SEC settlement. Firstly, the terms of the settlement may not be as favorable to Ripple as investors had hoped. The SEC's stance on cryptocurrencies has been consistently stringent, and any compromise it makes is likely to be carefully calculated. Secondly, the market may have already priced in a positive outcome, leaving little room for further upside. This is a common occurrence in highly anticipated events, as investors tend to build bullish expectations in advance. Furthermore, profit-taking is a natural market dynamic. After a significant price increase, many investors will look to realize their gains, putting downward pressure on the price. This can exacerbate a "sell the news" situation, as it reinforces the negative sentiment. To mitigate the risks associated with selling the news, investors should adopt a disciplined approach. This includes conducting thorough research, understanding the potential implications of different settlement outcomes, and developing a clear investment strategy. It's also essential to maintain a long-term perspective and avoid making impulsive decisions based on short-term price movements. While a Ripple-SEC settlement is undoubtedly a significant development, it's crucial to approach it with a healthy dose of skepticism. By understanding the potential pitfalls and implementing sound investment practices, investors can increase their chances of navigating this complex market successfully. Ultimately, the cryptocurrency market remains highly speculative, and past performance is not indicative of future results. Investors should carefully consider their risk tolerance and investment goals before allocating capital to any digital asset. Disclaimer: This article is for informational purposes only and does not constitute financial advice. Conducting thorough research and consulting with a financial advisor is recommended before making investment decisions.
BITSTAMP:XRPUSD
by bryandowningqln
XRP - Pending Breakout#XRP/USDT #Analysis Description --------------------------------------------------------------- SCENARIO-1 + Sudden surge in the XRP price gave some hope for XRP price and currently trading around the resistance zone. + breakout from this resistance is essential for the continued bullish trend + If the breakout from this resistance confirmed then we can enter a LONG trade. SCENARIO-2 + If the price gets rejected from the resistance line then next support is around 0.45 range. + from this support we can expect a bounce back and eventual breakout from the resistance. + We have a short trade opportunity once we have confirmed rejection from the resistance line. --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
by VectorAlgo
XRP (Ripple): Resistance BreakoutTrade setup : Price is in an uptrend as price has broken back above 200-day moving average. Price also made a Higher Low (above the low from early July of $0.38), which is positive. Now we look for the right entry opportunity in Uptrend. We wait for price to either 1) break above $0.67 resistance to signal continuation of uptrend, with +15% upside potential to $0.75 next, or 2) pull back near $0.50 support for another swing trade entry in Uptrend with upside potential back to $0.67. Learn risk management in Lesson 9. Pattern : Resistance Breakout . Once a price breaks above a resistance zone, it signals that buyers have absorbed all the supply from sellers at this level and price can resume it's advance. Following a resistance breakout, the next closest resistance zone becomes a price target. Learn to trade key level breakouts in Lesson 7. Trend : Short-term trend is Up, Medium-term trend is Strong Up and Long-term trend is Up. Momentum is Bearish but inflecting. MACD Line is still below MACD Signal Line but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing an upswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $0.50, then $0.42. Nearest Resistance Zone is $0.67, then $0.75.
Long
by altFINS
XRPUSDT: READY TO PUMP AGAINHello All: Welcome to the quick update of XRPUSDT. After consolidating for a few days, XRP pumped around 20-25% until 0.64 As of now, it is making a bull flag kind of pattern, it has broken it and retested and can pump again anytime soon at around 20%. We can take a long entry into this fundamentally good and stable coin. Possible entry-exit points: Entry: 0.5821 to 0.6100 Target: 0.651, 0.672, 0.698, until 0.7800 in the long run. STOPLOSS: 0.5700 Until then, stay tuned and trade with caution, ensuring strict STOPLOSSES!! This is not financial advice, please do your research before investing, as we are not responsible for any of your losses or profits. Please like, share, and comment on this idea if you liked it. ScramblerG is always there to help and trade with caution but DYOR.
Long
by ScramblerG
2
XRPUSDT ( BREKOUT ASCENDING CHANNEL ) (4H)XRPUSDT HELLO TRADERS Tendency , the price is under bearish pressure , until trading below turning level at 0.51 . TURNING LEVEL : the price of this level at 0.51 , so until the price trade below this level indicates likely to reach a support level (1) , but if the breaking by open 4h candle above this level reach a resistance level (1) . RESISTANCE ZONE : this zone between 0.56 and 0.61 , in order to see this zone the price need breaking turning level at 0.51 , breaking this price indicates an increase and reaching the resistance level (1) at 0.56 , then stabilizing above resistance level (1) likely to reach of a resistance level (2) at 0.61 , after breaking this zone it will be attempt to reach resistance level (3) at 0.65 , selling have already increase in this zone . SUPPORT ZONE : this zone between 0.44 & 0.39 , until the price trading below turning level or stabilizing below this level indicates to reach of a support level (1) at 0.44 , then breaking this level by open 4h or 1h candle below this easily to touch a support level (2) at 0.39 . CORRECTIVE : the price corrective at 0.51, before dropping . TARGET LEVEL : RESISTANCE LEVEL : 0.56 , 0.61 , 0.65 . SUPPORT LEVEL :0.44 ,0.39 .
Short
by ArinaKarayi
11
Black Swan Incoming (Part 1)This is the start of a series I will be publishing for the rest of the year. I will focus 100% on trying to do the impossible and predict a narrow timeframe of a potential black swan event. **The series will end and this theory will be invalidated if we break and close a weekly above the previous weekly high at 75k.** **Fear and Greed Index (alternative.me)** As you can see, we only have data from 2018. Nevertheless, we have data on the last bull market and rallies since then. As we can see, the index will print lower highs before rallies and bull markets. **What we have now is a break of a multi-year uptrend on the index and currently putting in a lower low, which is not a good sign at all.** **2Week MACD BEARISH CROSS** The MACD has crossed bearish on the 2W timeframe five times. One out of the five times, it was a false signal, and that was the crash in May 2021 down to 30k. The rest of the time, when this signal fires off, Bitcoin from that candle close on average moves down 63%. TOPPING DISTRIBUTION FRACTAL APPEARS I have covered this fractal many times on my channel; you can probably find more than ten publications just on this fractal. Why are we seeing a double-top distribution fractal again play out at the top of rallies? How many times are they going to use it? These three occasions, you can see they all happened with very similar timing from peak to peak and the first wave down. Volume Block and Bayesian Trend The Bayesian Trend is currently giving a 41% probability of a move higher from this point. As I'm writing this, Bitcoin has just hit the 0.618, which happens to be the level with a dominant sell order block. It's a classic move, guys: double-topping pattern into a 0.618 retracement rollover, nothing new. Crash Zone Explained Here is why I think "if" a black swan happens, this is the timeframe where it's most likely to happen. We have US elections, the first possible rate cut, and the start of my Fib time. As you can see, this Fib sequence predicted the last black swan event, which was the Covid Crash. It is a very powerful sequence for predicting Bitcoin macro pivot points a year. Last year, unfortunately, was the first time it failed. Nevertheless, I still keep an eye out during these periods. Fed cuts are not bullish, especially after long pauses above 5%. Last time we had rates at 2% when we started cutting, a multi-month downtrend began which led to the Covid crash. NAS100 above. **BTCBTC: Spent Volume Lifespan 7y-10y** The total transfer volume of coins that were last active between 7y and 10y ago. Always a useful tool to see what the big boys are doing and what we see is something pretty shocking. Big volume in these wallets can be connected to major pivot points for Bitcoin in the past. So the largest volume output recorded before 2024 was 1600 BTC. In 2024............... It's the same chart, just included 2024. The output volume in June 2024 was 13,900 Bitcoin. I double-checked it; it's the reason now all the other pivot points look like a small blip on the chart. Insane, 13,900 Bitcoin moved at an all-time high, and then we get a big move down. I guess this metric still works perfectly at finding tops. **Crash Targets** As you can see, we have two main diagonal supports to look at. Honestly, I do not trust any diagonal supports, but the yellow macro one has three cycle low hits, so it holds a lot of weight. The second one, which is the orange dotted line, has two hits and will most likely fail. In my experience, when we have a very clear diagonal support and it comes down for its third touch, it breaks because everyone is looking at the same thing. It's that simple: the entire space is looking at it, so therefore it breaks and everyone gets rekt. The golden pocket sits at 35-37k and at the macro yellow support. This is where I would say the bottom is most likely in. If the black swan plays out all the way, we would most likely see the CME gap at 21k close. This would most likely be a hammer candle that would last seconds. **Invalidation** If Bitcoin were to break the previous swing high at 74k and close a weekly above it, this entire TA would be invalidated. Even if it closed above 0.618 at 67k, the chance of invalidation would increase dramatically.
INDEX:BTCUSDShort
by Sporia
43