RIPPLE - Price can exit from wedge and rise to resistance areaHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
A not long time ago price entered to wedge, where it at once made downward impulse from resistance line.
Ripple broke $0.5630 level, which coincided with resistance area, and in a short time declined to support line, breaking $0.4660 level too.
Soon, it turned around and rose higher than $0.4660 level, making fake breakout, and continued to trades near this level.
After XRP made a correction to $0.4660 level, it bounced and in a short time rose to resistance line of wedge.
But recently price turned around and started to decline, so, I think Ripple can decline a little more.
Later, price can bounce up to $0.5785 resistance area, exiting from wedge and breaking resistance level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
XRPUSDT
The XRP chart is indicating a move to around the $2.50 level.As the BRICS gold-backed digital currency, which is running on the XRP ledger, prepares to go live, XRP adoption and usage will continue to gain momentum. The charts are indicating a move to the $2.50 level over the next year or so.
Good luck, and always use a stop-loss!
XRP Approaching key levelXRP is slowly recovering from the recent drop. It's reaching and important resistance area at $0.55. I will look for some fresh longs is the price will range there and broke the resistance area with a strong bullish candle. My main target is still the same for spots, a new ATH
📈XRP: Technical Analysis Amidst Market Tranquility🐢📊 Comprehensive Analysis - XRP 📊
Embarking on today's analysis amidst a market holiday, we find the market continues its calm demeanor, with the possibility of another day of consolidation and range-bound trading. Hence, exercise caution to avoid impulsive positions, as trading opportunities may be scarce during this period.
🔍 Project Overview:
Today, we turn our attention to XRP, a cryptocurrency that personally doesn't resonate with me for its deviation from the fundamental principles of blockchain. However, as a professional, it's essential to stay abreast of developments in all relevant areas.
📈 Chart Analysis:
Zooming into the daily timeframe, we witness a sharp downward movement, breaching the $0.495 support level. However, subsequent candlesticks failed to sustain below this level, potentially indicating the initiation of a new upward trend. Notably, XRP exhibits a bullish high wave cycle, with a conceivable upward target of $0.7240.
💡 Trading Strategy:
For spot traders eyeing entry points, a cautious approach is advised. Consider setting your sights on the $0.7240 resistance level, where profit-taking may occur, or wait for a potential retracement to the support box. In the worst-case scenario, exercise patience and re-enter after a break below $0.724.
📊 Volume Analysis:
Examining recent volume trends, red candle volumes outweigh green candles, suggesting prevalent selling pressure. Furthermore, the lackluster volume in the latest candlestick adds to the ambiguity, rendering it inconclusive for trading decisions.
🔄 Conclusion:
With XRP's high wave cycle confining it within a range, traditional technical indicators like Fibonacci retracement offer limited utility. In such scenarios, traders must exercise caution and rely on comprehensive analysis to navigate the market effectively. May this analysis serve as a valuable resource in your trading endeavors.
🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2
XRP Long TermJust a long term chart on XRP. I simply drew lines from highs to lows. I don't know what I'm doing with regards to charting and this chart is not financial advice.
I threw in some fibs, but not sure if I did those right either. But if you just look at the lines, looks like XRP is about to curve upwards and break out of the long term consolidation pattern by 2025 or so. If you follow all of the developments on the XRPL, announcements from Ripple, and lawsuit of Ripple vs. SEC, the stars are all aligning there too. We will see what happens in time. Again this is not financial advice and merely my opinion.
Ripple can make retest of support line and then continue growHello traders, I want share with you my opinion about Ripple. Looking at the chart, we can see how the price traded in the seller zone, which coincided with the resistance level, after which rebounded and rose a little. But then XRP turned around and started to decline back to the seller zone, and when the price reached the seller zone, it entered to triangle, where Ripple made a downward impulse from the resistance line to the support line, breaking 0.5900 and 0.4735 levels. After this movement, XRP bounced from the support line and in a short time rose higher than the 0.4735 support level, breaking it again, after which it turned around and declined to this level. Price some time traded close to this level and later it declined to support line of the triangle, which coincided with the buyer zone and then made a strong impulse up, thereby breaking the 0.4735 support level and a not long time ago exiting from the triangle pattern. At the moment, in my opinion, Ripple can make a retest, after the breakout and then continue to move up. For this case, I set my target at the 0.5600 level. Please share this idea with your friends and click Boost 🚀
HelenP. I Ripple can correct to support level and then bounce upHi folks today I'm prepared for you Ripple analytics. A few moments ago price started to decline in a downward channel, where it at once rebounded from the resistance line and in a short time declined to the trend line, which is the support line of the channel too, thereby breaking the 0.6435 resistance level. But later, the price turned around and rose to a resistance zone, after which it rebounded and some time traded below. Then XRP rose to the resistance level again, but at once turned around and in a short time declined to the trend line, which coincided with the support level and zone. Price even made a fake breakout of a downward channel, after which it soon backed up and continued to trades near the 0.4800 support level. Now, I expect that Ripple will make a correction to the support level and then start to move up. For this reason, I set my target at 0.5425 points. If you like my analytics you may support me with your like/comment ❤️
XRP - When To Buy MartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space. The Bull market is here
Even tho the bull market is here XRP has not mooned yet . The ALTCOIN market has just hit a critical level , when this happens XRP can start its move higher . This needs to be watched carefully. In this video I talk about when it looks good to buy XRP for bull market.
XRP To The MOON
Please watch the video for more information
Ripple XRP price. Global view of the chart on weekly timeframe😱If you believe in fairy tales that CRYPTOCAP:XRP can be worth $10 , then please prepare your psyche for the reality that #XRPUSDT has every chance of dropping to $0.20
Now, after a cold shower, let's take a look at the chart.
According to the wave analysis, there is no final answer yet: has the bottom of wave -2- already been reached or is it still ahead?
👉 If the #XRPUSD price can't be pushed below $0.40-0.45 in the coming weeks, then there will be a ray of hope that the "bottom has already been there". This will mean that the price may eventually start to grow by blue scenario.
👉 If no one "holds" the price of #Ripple, then "hello" $0.20-0.21. If you buy XRP there, you will be officially initiated into the sect of "$10=XRP witnesses" founded by desperadoes people in 2017.
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Ripple can break support level and decline to 0.4480 pointsHello traders, I want share with you my opinion about Ripple. Observing the chart, we can see that the price some time ago, and started to trades in the range, where it at once rose to the top part of this pattern and some time traded near. After this, the price turned around from the top part of the range, and in a short time declined to the seller zone, which coincided with the 0.5680 resistance level, after which XRP bounced and tried to rise in the range. But, after it a little rose, the price turned around and made a strong impulse down to the support line, thereby exiting from the range and breaking resistance with support levels also. After this, XRP in a short time rebounded from the support line and rose higher support level, breaking it one more time. After this, Ripple made a little correction to the support line, but now XRP continues to trades near the 0.4835 support level. In my opinion, Ripple can make a little movement up and then rebound down to 0.4480, thereby breaking the support line and level. Please share this idea with your friends and click Boost 🚀
🚧XRPUSDT is Bullish now🚧 & many Traders don't see it 👀!!!Hi.
COINEX:XRPUSDT
Today, I want to analyze XRP for you in a Weekly time frame so that we can have a mid-term view of XRP regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
XRP is testing the top of symmetrical triangle on weekly timeframe
Up We Go if we manage to break upwards.
✅ Due to the Ascending structure of the chart...
- High potential areas are clear in the chart.
- AB=CD
- symmetrical Triangle
Stay awesome my friends.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
$XRP Preparing for a price jumpAt the end of the XRP analysis, you saw that we gave buy areas and from these areas, the price brought a good pump
Again, according to the correction below the LQ, we again have a great area for price jumps, which you can buy after receiving and confirming the time trigger.
This analysis will be performed with your likes
UPDATED XRP Cup & Handle Chart.Since identifying the Cup & Handle pattern in XRP months ago, I have been updating it as the price movement continues to progress. With the major drop we've seen the past two days, it actually lined up the Fibonacci levels nearly perfect to the chart.
I do believe this is the end on the wave 2, and will ear-mark the beginning of wave 3 which will be spectacular for the price of XRP.
Good luck, and always use a stop-loss!
Ripple can reach resistance level and try to break itHello traders, I want share with you my opinion about Ripple. By observing the chart, we can see that the price some time ago broke the resistance level, which coincided with the seller zone, and started to decline inside the downward channel, where it soon fell to the support line of the channel. Later price tried to rise, but failed and declined to the current resistance level, which coincided with the resistance area, after which it turned around and started to move up in an upward channel, thereby exiting from the past channel. In the upward channel, XRP rose to the 0.6275 resistance level and even entered to seller zone, but at once turned around and rebounded down to the support line, where it some time traded near and later made a strong downward impulse. Ripple exited from the upward channel and declined to 0.5620 level, but a not long time ago it broke this level too and even fell lower resistance area. Also recently, XRP turned around and rose almost to the resistance area, and now, in my opinion, Ripple can rise to the resistance level, after which it makes little correction. After correction movement, XRP can try to break the 0.5620 level, and if the price breaks this level, Ripple will continue to move up, therefore I set my target at the 0.5840 level. Please share this idea with your friends and click Boost 🚀
XRP FALLS OFF A CLIFF! BREAKING THE JUNE 18, 2022 TREND LOW.XRP has been absolutely struggling to hold even mediocre gains as of late, and has now broken the June 18, 2022 trend low, which has held for a year and ten months.
Is this a disaster for the XRP price in the coming weeks, or be an incredible buying opportunity?
Let me know what you think in the comments below.