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.
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Thank you!
XRPUSDT
HelenP. I Ripple will bounce up from support level to trend lineHi folks today I'm prepared for you Ripple analytics. Some time ago price fell to the support level, but soon rebounded and tried to rise more. Ripple failed and made a strong impulse down to 0.5380 points, after which in a short time it rose back to the support level, which coincided with the support zone. Soon, the price broke this level and some time traded near, after which Ripple fell below the support zone again, turned around, and made a strong impulse up to the trend line, making a fake breakout of the 0.6100 level and also breaking 0.7000 resistance level, which coincided with resistance zone. Also, the price started to trades in a triangle, where later XRP rebounded from the trend line and soon declined lower 0.7000 level, breaking it again. Then price made a retest and continued to fall to the support level and after declining to this level, Ripple rebounded and tried to move up, but failed and now continues to trades close to the support level. For this reason, I expect that Ripple will fall to this level and then rebound up to the trend line. That's why I set my target at 0.6550 points, which coincided with the trend line. If you like my analytics you may support me with your like/comment ❤️
XRP About To Print A God CandleSo it looks like XRP is a bit of a lagard in this run. This only means that its even more coiled for an even more explosive move. BBWP which measures volatility is starting to move up but still very low. The measured move would be aroun $50 dollars. I dont know what will make this happen but perhaps banks adopt XRP in full since the the building of the project around XRP is and has always been around banks.
Keep this in mind. Over the next few years I expect banks to really start falling like dominoes. so if XRP is going to be the bankster coin it will skyrocket and will reach this price if not higher just from the FOMO and then crash with the banks. That will be the top for XRP for a very long time and probably will not participate in the second half of this bull run from 2026 to 2030 as the united states and the world enter a massive revolution and restructuring of our monetary system.
The RSI and MACD are showing that XRP is losing steam over the years, much more so than other stronger cryptos. In my opinion if I was holding XRP and I am not, I would put a sell order at $40 and walk away. When that is hit move all that right into Bitcoin, Litecoin, Dogecoin and possibly Eth and ride the parabolic stages of the bull run straight up for the next few years.
Good luck out there my friends. None if this is financial advice its jsut my opinion.
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XRP has a major battle ahead to gain on Bitcoin.The XRP vs BTC chart is showing a massive stack of sell orders between the current price, and the upper, long-term trend line. Filling that gap isn't going to be an easy task, but it is possible. And, the fact that the current ratio is nearing the bottom trend line that has been in play for 3,350 days, it could be a sign that XRP is soon to start gaining ground on BTC.
Good luck, and always use a stop-loss!
XRP COULD slowly creep to $1📉Hi Traders, Investors and Speculators of Charts📈
XRP is notorious for pumping and dumping, but even after BTC clocks a new ATH, XRP is still trading under $1 and exponentially far below it's previous ATH.
From a macro perspective, we can clearly see the price increase - gradually, but we're stair stepping up. XRP usually dumps harder than BTC when there's a correction and the XRPBTC chart is still in prison. However, if we consider the XRPBTC chart, it is more likely that XRP will GAIN ground n BTC, instead of weakening more against BTC:
Now if you've been following me for a while you will know I am no longer an XRP fan... It pains me to label this post as "long" for the lack of better options BUT, there is opportunity for the price to move towards $1 from this perspective. Unfortunately, many like myself, will look to sell at these zones which creates a heavy resistance.
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BINANCE:XRPUSDT BITSTAMP:XRPUSD BINANCE:XRPBTC
XRP is well on it's way to making gains that will shock people!XRP has been lagging behind the majority of the market for quite some time since the recent breakouts began market-wide, but this is, has, and will continue to be the case until it isn't. XRP has always had a knack for taking its time while other cryptos fly, then suddenly making up that ground in a matter of hours or days.
XRP is going to make gains over the next few years that will shock even those with the most ridiculous price predictions.
With everyone screaming "XRP is trash," "I sold all my XRP and I'm so happy about it," now is the time to be positioned for the inevitable rise to come. Remember, 90% of investors/traders lose money, so doing the opposite of the crowd will put you in the 10%.
Be the 10%!
Good luck, and always use a stop-loss!
XRP USDT - RİPPLE | 1H | TECHNICAL CHARTHello traders, BINANCE:XRPUSDT I have determined the formation target on the chart. I wish everyone success.
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
Wish you many pips
PS: Thank you very much that you support me with your likes and Comments
If you have another analysis at this pair, please share in comments, I will be glad to discuss with you.
XRP - Support is holding strong, Only way is UP BINANCE:XRPUSDT (1W CHART) Technical Analysis Update
XRP is currently trading at $0.6642 and showing overall bullish sentiment after holding the support strong for more than an year.
Price is respecting it's well established support zone and currently we can see price breaking out from the triangle pattern. This is a clear confirmation that xrp is finally showing some momentum after being at the same price for around 2 years.
We
Entry level: $ 0.6875
Stop Loss Level: $ 0.4831
TakeProfit 1: $ 0.7688
TakeProfit 2: $ 0.9304
TakeProfit 3: $ 1.099
TakeProfit 4: $ 1.499
TakeProfit 5: $ 1.900
Max Leverage: 2x or Spot market
Don't forget to keep stop loss.
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XRP: trade in dual support📊Analysis by AhmadArz:
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Ripple can correct to support area and then start to riseHello traders, I want share with you my opinion about Ripple. Observing the chart, we can see that the price a not long time ago started to rise in an upward channel, where it first made a fake breakout of 0.5825 level, which coincided with the buyer zone and then rebounded up to the resistance line of the channel. Then XRP rebounded from this line and made the correction, but soon it turned around and rose to the current support level, which coincided with the support area, after which the price turned around and made a strong downward impulse to 0.5385 points, thereby exiting from the upward channel. Also, price started to trades in a triangle, where it rebounded from support line and made impulse up higher than the 0.5825 level, after which XRP made correction to this level. Then price repeated the upward impulse, and at this moment it exited from the triangle and reached the current support level and soon broke it. After this, the price continued to move up, but recently it turned around and started to decline to support area, after which it bounced up, so now I think that Ripple can decline to support area again and then rebound up. Therefore I set my target at the 0.7360 level. Please share this idea with your friends and click Boost 🚀
XRP Price Hits New 2024 PeakThe CRYPTOCAP:XRP cryptocurrency has once again captured the spotlight as its price soared to a new year-to-date high of $0.7440 on Monday, marking a significant milestone in its 2024 journey. However, this surge is not merely a result of market dynamics but is intricately tied to legal battles and technical indicators shaping the future trajectory of Ripple's native token.
Legal Turmoil and Market Impact:
The recent surge in XRP's price coincides with mounting anticipation surrounding key legal developments, notably the ongoing Securities and Exchange Commission (SEC) lawsuit against Ripple. Ripple ( CRYPTOCAP:XRP ), the payment giant behind CRYPTOCAP:XRP , faces allegations of conducting an unregistered securities offering. The looming deadline for the opening brief in this lawsuit has spurred speculation and heightened volatility in CRYPTOCAP:XRP 's price.
Coinbase's Intervention and Regulatory Uncertainties:
Coinbase, a leading cryptocurrency exchange, has thrown a wrench into the regulatory landscape by filing a motion against the SEC, highlighting the regulator's inconsistent stance on digital assets. This intervention underscores the broader regulatory uncertainties plaguing the cryptocurrency market, as stakeholders grapple with shifting regulatory frameworks and enforcement actions.
Technical Analysis and Market Sentiment:
Beyond legal intricacies, technical indicators provide further insights into XRP's price movements. The cryptocurrency's uptrend is reinforced by robust technical momentum, as evidenced by the Moving Average Convergence/Divergence (MACD) and Awesome Oscillator (AO) indicators. Positive momentum and bullish signals suggest continued upside potential for CRYPTOCAP:XRP , with the November 2023 high of $0.7500 emerging as a key target.
Challenges and Potential Corrections:
Despite its upward trajectory, CRYPTOCAP:XRP faces potential challenges, particularly in maintaining support levels amidst market volatility. Corrections to key Fibonacci retracement levels, notably at $0.6886 and $0.6452, pose a critical test for CRYPTOCAP:XRP 's bullish thesis. A failure to hold above these levels could signal a shift in market sentiment and trigger further downside pressure.
Conclusion:
CRYPTOCAP:XRP 's journey to new highs is a testament to its resilience amidst legal uncertainties and technical complexities. As legal battles unfold and regulatory landscapes evolve, XRP continues to navigate choppy waters with a blend of market speculation and technical prowess. Whether it sustains its upward momentum or succumbs to regulatory pressures remains to be seen, but one thing is certain: the fate of CRYPTOCAP:XRP is intertwined with the broader dynamics of the cryptocurrency market.
XRP IS BULLISHBefore anything, pay attention to the time frame, the time frame is big and time consuming.
Ripple seems to be in a symmetrical pattern that is now about to start its upward F wave.
By keeping the green box, it can continue to pump in the coming days.
The targets are clear on the picture.
Closing a daily candle below the invalidation level will violate the analysis
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
XRP looking bottomish, can pump in few daysXRP breaking on daily RSI around 30 area, holding the strong support zone and trying to move upside. Trying this first spot trade on XRP!
Grabbing some XRP in Spot
Entry: $0.5352
SL: Daily close below $0.4962 (7% away)
TP1: $0.6240 (15%)
TP2: $0.6836 (27%)
TP3: $0.9288 (75%)
Daily timeframe might take a few weeks to months to play out! Trying to catch bottom on XRP, if it fails here I'll look for another position later on but looks like it is bottomed already.
XRP to the moon ? or something around 2.2USDBased on the transformation of the weekly Moving Average Convergence Divergence (MACD) into a bullish pattern and a significant likelihood of a breakout from the triangle formation, it is plausible to anticipate a substantial surge in XRP's price in the coming weeks.
Technically speaking, the convergence of the MACD lines, specifically the crossover of the MACD line above the signal line on the weekly chart, signals a bullish momentum shift. This is often accompanied by increased buying pressure, suggesting a potential uptrend in the near future. Furthermore, the formation of a triangle pattern typically indicates a period of consolidation, with prices oscillating within a narrowing range. A breakout from this pattern, especially when coupled with bullish MACD signals, tends to lead to a significant price movement.
XRP, as a digital asset, offers several advantages within the cryptocurrency landscape. Firstly, its transaction speed is notably faster compared to traditional banking systems and even other cryptocurrencies like Bitcoin. This attribute makes it ideal for facilitating quick and efficient cross-border payments and remittances. Additionally, XRP operates on a decentralized ledger system, providing security and transparency in transactions while bypassing intermediaries, thereby reducing costs. Moreover, its scalability enables it to handle a high volume of transactions, making it suitable for widespread adoption in various sectors.
In the broader context of the cryptocurrency market, XRP serves as a crucial bridge currency, facilitating seamless transactions between different cryptocurrencies and fiat currencies. Its utility and practical applications contribute to its significance in the cryptocurrency space, positioning it as a viable solution for real-world financial challenges.
Considering these technical indicators and the inherent strengths of XRP, it wouldn't be surprising to witness a price surge, potentially pushing XRP to around the $2 mark in the upcoming weeks. However, as with any financial prediction, it's essential to exercise caution and conduct thorough research before making investment decisions.
XRP Price: Breaking Above Weekly Trend Line for Bullish MomentumCurrently, the price of the XRP has reached the descending trend line from higher timeframes, which is identified by the highs of April 2021 and July 2023. Additionally, this trend line serves as the upper boundary of a symmetrical triangle.
A similar symmetrical triangle pattern has also formed on timeframes from 1D and below, and the price of the asset has already managed to establish itself above it.
In the current conditions of a bullish trend, it is more likely for the asset to to break above this weekly/monthly trend line and exit this huge triangle to the upside. Potential targets could be the values at the top of the symmetrical triangle, ranging from $1.53 to $1.96.