XRPUSD 1 year supportHi, welcome to my analysis.
Today Ripple reach a very strong support level at 0,4706
This support create nearly 1 year ago at 13 July 2023, and as you can see, that sometimes ripple pump after touch this suport.
If ripple able to hold bearish, my near term target at 0.6925 resistance with almost 50% profit projection.
XRPUSDT
XRP will highly likely go to 6-8 USD soonI have to say that I almost finished my analysis but somehow my page got refreshed and it got lost..
So I will summarize what I wanted to say:
Pattern recognition is important and are (magnified) copies, and following signs are bullish:
* Compare the blue and pink rectangulars
* we are hovering above the 200 ema
* if we have a break-out of the pink rectangular, we will probably hang below the yellow descending trendline
* If we break-out we will most likely see very rapidly ATH or 3-3.2 usd
First bullrun around end of 2017 was around 1600% which will be repeated from this level 0.48-0.5 usd..
which results in a level of around 8 usd or exactly the 2.618 FIB level !
I might think a 3th wave will pass the 3 usd level to come back as support in a 4th wave and meet the 6-8 usd in a 5th wave.
On a macroeconomic scale it looks all clear and the graph is quite clean for a run-up after a long 6 years consolidation!
I think there is much momentum made as we didn't have a ATH in previous bullrun after covid.
So the potential is enormous as XRP has a decent bottom and support around the 0.3-0.5 usd level.
Also remember when there was a crash in USDT several years ago..everyone ran into XRP which was quite atonishing.
It is somehow a reserve currency and could take out ETH in the a second spot which it did already briefly in jan. 2018 !
I foresee a bullrun like end 2017 with a start after 2nd quarter, so end of June this year... which will have a peak again at the end of this year.
XRP is bullishXRP structure looks bullish on hourly time frames.
We have a bullish iCH on the chart and the trigger line is broken.
By maintaining the demand, it can move towards the targets.
Closing a 4-hour candle below the invalidation level will violate the analysis.
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
More BAD NEWS for XRP !!BINANCE:XRPUSDT & BINANCE:XRPBTC
The price has lost a long-standing trendline which acted as support, a bearish sign for the foreseeable future (until we can reclaim daily candles above):
XRPBTC is about to head for previous lows, during which time the price of XRP was 0.23c:
This further supports my suspicion that XRP may be heading back to the 0.20s, as seen here:
It is, however, important to note that each time the XRPBTC hits the bottom of a triangular consolidation, there is a small increase in the price. This could mean that we see another leg up before dropping lower:
as you can see from the chart, we are now nearly back at XRPBTC level's that lead to the previous parabolic pump. Will this time be the same? I don't think so. XRP has been showing extreme weakness. However, it never hurts as a small part of a diversified portfolio... just for incase.
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Will XRP rebound from the lower border of the channel?Hello everyone, let's take a look at the XRP to USDT chart on a 4-hour time frame. Let's start by defining, using white lines, a sideways trend channel in which the price moves at its lower border.
Let's start by determining the support and as you can see, first of all, as support, we have a support zone from $0.50 to $0.45, when the price drops below this zone, the next support is at $0.37, and then support at the price of 0.32 $.
Looking the other way, we can see a resistance line at $0.58, then at $0.62, the third resistance at the upper border of the channel at $0.69, and then we can see an increase to around $0.84.
When we turn on the EMA Cross 50 and 200 indicator, we can see how the yellow line tries to cross the blue line at the bottom, which would indicate entering an upward trend.
XRP: Approaching ResistanceTrade setup : Price is in a downtrend. Price needs to break above stiff resistance area: horizontal $0.55 resistance and 200-day moving average (~$0.58) to resume an uptrend.
Pattern : Price is Approaching Resistance, which is a level where it could pause or reverse its recent advance, at least temporarily. Resistance is often a level where price got rejected in the past, or potentially prior Support level that was broken. (concept known as polarity). Once price breaks above resistance, it can advance higher to the next resistance level. Learn to trade key levels in Lesson 7.
Trend : Short-term trend is Up, Medium-term trend is Down and Long-term trend is Strong Down.
Momentum is Bullish (MACD Line crossed above MACD Signal Line) ABOVE days ago. 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 $0.55, then $0.65.
Check for support around 0.5236-0.5384Hello traders!
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(XRPUSDT 1D chart)
The most important point on the XRP chart is the 0.47 point.
This is because if it falls below 0.47, it is expected to enter the bottom range from a long-term perspective.
Therefore, the price should be maintained above 0.47.
Since the M-Signal of the 1M chart > M-Signal of the 1W chart > M-Signal of the 1D chart, it shows a downward trend.
Accordingly, the key is whether it can receive support and rise around 0.5236-0.5384.
If it fails to rise, caution is needed as it is likely to touch around 0.47 again.
If the HA-High indicator is supported and rises, it is likely to renew the previous best high.
Therefore, it is time to buy whenever it rises above the HA-High indicator on the 1D, 1W, and 1M charts and shows support.
If it is not supported by the HA-High indicator and falls, it will be time for a split sale, so caution is needed in response.
One thing you must think about before you start trading is your investment horizon.
If you do not decide how long you will invest for, you may not be able to respond properly when prices fluctuate, so you must decide on the investment period.
Next, you must decide how much to invest and how to trade or realize profits.
No matter how long-term you invest, you must sell when the price rises to a certain level.
There are three ways to sell: selling 100%, selling a portion, or selling an amount equivalent to the purchase principal to increase the number of coins (tokens) corresponding to the profit.
The method of increasing the number of coins (tokens) corresponding to profit by selling an amount corresponding to the purchase principal ultimately ends up holding only the number of coins (tokens) whose average purchase price is 0.
Therefore, there is absolutely no risk associated with holding it.
Have a good time.
thank you
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched.
#BTCUSD 1M
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55
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XRP cool opportunity🚀
Hey traders! Let's dive into an exciting opportunity on XRP. It appears that XRP has been forming a triangle pattern since 2017. This signals potential for a significant breakout!🚀
🎯 Buy-In Levels: 0.5 - 0.6 🎯
Considering the current market dynamics, it might be a strategic move to accumulate XRP within the range of 0.5 to 0.6. These levels offer favorable entry points for traders looking to capitalize on the impending breakout.
💰 Profit Targets: 0.93 - 1.23 - 1.57 - 1.89 - 2.8 💰
Once XRP breaks out of the triangle pattern, we anticipate notable price movements. Set your profit targets at 0.93, 1.23, 1.57, 1.89, and 2.8 to secure gains at various levels.
🛑 Stop Loss: Below 0.13 🛑
As with any trade, risk management is crucial. Place your stop-loss orders below 0.13 to protect your capital in case the market moves against us.
Remember, trading involves risks, so always perform your own analysis and use risk management strategies. Stay informed, stay disciplined, and seize the opportunities!
Happy Trading! 🚀
Thanks for Your attention 🫶
Always sincerely with You, Kateryna💙💛
CAN WE FINALLY START IT? XRPThis week is very important for the Ripple legal case, and some millions are moving from Ripple. Can this be a sign of an agreement with the SEC? Last year, a positive new has pumped the price of XRP to $0.9. This time, also considering the actual Bitcoin price, i think that an end at the case can teleport the XRP price to a new ATH. Personally, i am increasing my long exposure, keeping a safe stoploss below 0.25. Risk to reward (0.25 SL, 3.5 TP) is again extremely good
XRP Update: Waiting Game Between $0.47 and $0.56!
XRPUSD is neutral int he daily chart and as long as it is trading between $0.4722 and $0.5603, XRP will lack the momentum.
A bullish break-out of $0.56 will lead to $0.6642, a very important levels in different timeframes.
If Bitcoin will decline, XRP has a potential to revisit $0.4722, the daily support zone.
Below $0.4722 zone, XRP is the bearish.
RIPPLE - After exiting from pennant, price can bounce upHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
A few moments ago price entered to falling channel, where it first reached resistance line and then continued to fall.
In channel, XRP broke $0.5360 level, which coincided with resistance area and declined until to support area.
After this, price made strong upward impulse to $0.5705 points, exiting from channel and breaking $0.5360 level.
But soon, Ripple turned around and in a short time declined to $0.4900 support level inside downward pennant.
Next, price bounced from support line of pennant and rose to resistance line and now tired to exit from this pattern.
In my mind, Ripple, after exiting from pennant, can make retest and then bounce up to $0.5440, breaking resistance level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
$XRP RIPPLE consolidating in rising channel for 2years....CRYPTOCAP:XRP Ripple has been consolidating in this channel for 2years since June 2022 (Weekly Timeframe)
Current price: $0.52
Ripple's price action is currently outside the Rising channel, Only two things can happen:
1. Price action can reclaim rising channel and move to higher prices with resistances: 0.63, 0.74, 0.85, 0.95
Or
2. #XRP can continue to break down to retest major support around 0.4
XRP ANALYSIS🚀#XRP Analysis : What Next ??💲💲
✅️As we can see that there was a formation of Descending Triangle Pattern in #XRP and given a breakout. A perfect retesting would indicate a bullish move 📈
🔰Current Price: $0.05200
🎯 Target Price: $0.07200
⚡️What to do ?
👀Keep an eye on #XRP price action. We can trade according to the chart and make some profits. Stay tuned for further analysis and stay updated with market sentiments and news.⚡️⚡️
#XRP #Cryptocurrency #TechnicalAnalysis #DYOR
EVERYTHING IS PUMPING, BUT NOT XRPThis is an old movie, every crypto is pumping but Ripple coin is still at the same price of years ago. I can honestly say that it's pretty frustrating (XRP is a part of my bags, but hopefully a little part) and i think it's worse for who has a big bag of XRP. It's a clear manipulation, some big players are keeping the price low for a reason. Probably we will see a mega pump as soon as the legal case will be over. I expect a new ATH this year, and i start taking profit there only. Looking at the chart, you can see that the price is ranging again above the main trendline. I expect an upside moves at least till the first resistance area i drawed
Ripple can make correct move and then start to move upHello traders, I want share with you my opinion about Ripple. Looking at the chart, we can see how the price rebounded from the support level, which coincided with the buyer zone and support line to the resistance line. After this, the price made a little correction and then in a short time rose to the seller zone, breaking the resistance level, where it some time traded and later rebounded higher. Soon, XRP broke the resistance line, but at once turned around and started to decline inside the downward channel, where it later broke the support line and soon 0.5310 level too. After this, the price in a short time declined to the support line of the channel, after which rebounded and rose to the resistance line, but at once turned around and fell to the support level. A not long time ago, the price rebounded from the 0.4890 support level and in a short time rose higher resistance line, thereby exiting from the channel. So, at the moment, I think Ripple can make a correction move, after which turn around and start to grow. Therefore I set my target at 0.5225 points. Please share this idea with your friends and click Boost 🚀
HelenP. I Ripple can turn around and start to grow to $0.5345Hi folks today I'm prepared for you Ripple analytics. Some days ago price declined to the resistance level, which coincided with the resistance zone, and at once rebounded and started to grow. After the price a little rose, it turned around and started to decline. Also later XRP reached the trend line and made a strong impulse down to 0.4190 points, thereby breaking 0.5720 and 0.4780 levels. But soon, Ripple turned around and rose higher to 0.4780 level, which coincided with the support zone, breaking it again. After this, XRP continued to rise and reached a later resistance level, after which rebounded and in a short time declined to the support level. As well, price formed a triangle pattern, where it rebounded from the support line, which coincided with the support level and rose to the trend line, which is the resistance line of this pattern also. Then it declined to support line and recently exited from the triangle, and just now continues to decline. For my mind, Ripple will decline a little more and then rebound up to the trend line. Therefore I set my target at 0.5345 points. If you like my analytics you may support me with your like/comment ❤️