RIPPLE - Price can little correct and then continue to growHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
Some days ago price entered to falling channel, where it broke $0.6580 level, which coincided with resistance area.
After this, price fell to support line of channel, but at once bounced and reached resistance line of falling channel.
Next, XRP bounced down to support level, which coincided with support area, exiting from channel and entering to flat.
In flat, price reached $0.6580 level again, but then bounced and in a short time declined to $0.5715 support level.
Recently, Ripple bounced from this level and started to grow, and now I think that XRP can make correction.
Then Ripple can turn around and continue to move up to $0.6580 resistance level in flat.
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XRPUSDT
HelenP. I Ripple will continue to decline to $0.5715 levelHi folks today I'm prepared for you Ripple analytics. Some days ago price rebounded from the resistance zone, which coincided with the resistance level and made impulse down to the support level, breaking the 0.6435 level. After this, XRP rebounded from the support level and tried to rise, but when it rose almsot to the resistance level it made a correction. Then Ripple made a strong impulse up to the trend line, breaking the 0.6435 level again, but soon it turned around and started to decline in a triangle, where firstly price fell to the resistance zone and later broke the 0.6435 level one more time. Then price declined to the support zone, after which it turned around and rose to the resistance zone, but soon XRP exited from this zone, making a fake breakout and in a short time declined to the 0.5715 level. After this movement, the price made impulse up to the resistance level again, thereby exiting from the triangle and breaking the trend line, but recently XRP rebounded from the 0.6435 level and started to fall. Just now, I expect that Ripple will rise a little more and then continue to fall to the support level. For this case, I set my target at 0.5715 level. If you like my analytics you may support me with your like/comment ❤️
#XRP/USDT#XRP
The price is moving in a descending triangle on a 3-day frame
That triangle has just been broken up
We have movement at levels supported by stability above the Moving Average 100
And the rising trend on the RSI indicator
Entry price is 0.6211
The first target is 0.6876
The second target is 0.7397
The third goal is 0.7999
XRPUSDT.4HAnalyzing the XRP/USDT chart from a 4-hour timeframe, the market is currently in a consolidation phase, trading within a defined range marked by the support level S1 and resistance level R1. The horizontal channel pattern indicates indecision between buyers and sellers.
The RSI is just shy of the 60 mark, suggesting a slight bullish bias but not significant enough to confirm a strong upward trend. The market could be approaching a potential shift in momentum as the RSI is neither overbought nor oversold.
The MACD shows a narrowing gap with the signal line, implying a weakening of the current trend. The histogram reflects this indecision with minimal height bars, indicating the market could be poised for a breakout or breakdown.
If the price action can sustain above the S1 level, it might indicate an appetite for a retest of the resistance at R1. A breakout above R1 could signal the start of a new uptrend. Conversely, a fall below S1 may indicate a bearish move towards the lower end of the range or beyond.
In conclusion, as a trader, I would wait for a clear signal beyond this consolidation range before making any significant trading decisions. The current market condition calls for a cautious approach, with an eye on both the R1 and S1 levels for potential breakout or breakdown.
XRP/USD - Bullish Opportunity AheadKey Support Area and Harmonic Pattern Formation:
XRP/USDT is currently hovering around a crucial support zone, bolstered by the formation of an XABCD harmonic pattern. This pattern, coupled with the significant support level, suggests a potential reversal in the near term. Additionally, this area coincides with the 4-hour trendline, adding further confluence to our analysis.
Entry Strategy:
A prudent entry point for long positions presents itself near 0.5944, aligning with the identified support area and the harmonic pattern formation. This strategic entry aims to capitalize on the anticipated bullish momentum.
Risk Management:
A well-defined stop-loss order should be placed near 0.5590 to mitigate potential losses. This level serves as a critical threshold, protecting against adverse price movements and invalidation of the trade setup.
Profit Targets:
Upon entry, traders may consider the following profit targets:
- TP-1: 0.6335
- TP-2: 0.6720
- TP-3: 0.7100
These targets are strategically chosen based on key resistance levels and Fibonacci extensions, aiming to capture potential upward price movements while optimizing risk-to-reward ratios.
Conclusion:
In summary, the technical analysis for XRP/USDT suggests a favorable opportunity for a bullish move, supported by the convergence of key factors including the harmonic pattern formation, significant support level, and alignment with the 4-hour trendline. By adhering to proper risk management principles and profit-taking strategies, traders can position themselves to capitalize on the anticipated uptrend.
Disclaimer:
This analysis is for informational purposes only and should not be construed as financial advice. Trading in the forex market carries inherent risks, and traders should conduct their research and exercise caution before making investment decisions.
Ripple can continue to move up inside upward channelHello traders, I want share with you my opinion about Ripple. By observing the chart, we can see that the price not long time ago price declined to the seller zone, which coincided with the 0.6585 resistance level and soon broke this level, after which XRP started to trades in the range. Then price in a short time fell to the buyer zone, which coincided with the bottom part of the range and soon made impulse up to the seller zone, after which turned around and started to decline. Price declined to the 0.5880 level, and broke it, thereby exiting from range and even fell below the buyer zone, after which Ripple turned around and started to rise in an upward channel. In the channel, the price soon broke the 0.5880 support level one more time and later reached the resistance line, but then made a correction movement. After this movement, XRP rebounded and continued to move up in the channel, so, at the moment I think that Ripple can make a correction move to the support line and then rebound up to the resistance line of the upward channel. For this case, I set my target at the 0.6350 level. Please share this idea with your friends and click Boost 🚀
XRP's Wave 2 is nearly complete. A BIG MOVE IS COMING!XRP is getting close to completing the 2nd Wave of the 5 Wave move to the upside after breaking out of the Cup & Handle formation that I identified in my earlier posts these past few months. It looks like we could see a turn around, and the start of the 3rd Wave around, or shortly after the eclipse.
Good luck, and always use a stop-loss!
XRP BIG MOVE EXPECTED XRP is poised for a significant move on a higher timeframe , The breakout of a triangle pattern has already been confirmed, with the price currently retesting the breakout zone. If the breakout sustains, a substantial bullish rally towards $1 is anticipated. It's important to note that this information is not financial advice, so it's essential to conduct your research (DYOR) before making any investment decisions.
HelenP. I Ripple can continue to move up to $0.6000 levelHi folks today I'm prepared for you Ripple analytics. A not long time ago price started to trades in the resistance zone, which coincided with the 0.6185 resistance level, after which XRP rebounded from this zone and rose to the trend line. Then price turned around from this line and in a short time declined back to the resistance zone and even lower, breaking the 0.6185 level, but soon rose back. Price some time more traded near the resistance zone and later made impulse down to the support level, which coincided with the support zone, thereby breaking the resistance level with the trend line. Next, Ripple turned around from the 0.5725 level and tried to rise more, but when it reached the trend line, the price declined lower support level to the support zone. After this movement, XRP a not long time ago made impulse up from this area, thereby breaking the support level with the trend line one more time. As well, the price reached a resistance level, but in a short time declined to the support level and now it tried to rise again. For my mind, Ripple will make correction to the support level again and then rebound up. That's why I set my target at the 0.6000 level. If you like my analytics you may support me with your like/comment ❤️
XRP: buy in low renge📊Analysis by AhmadArz:
🔍Entry: 0.5878
🛑Stop Loss: 0.5668
🎯Take Profit: 0.6025-0.6247
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XRP Head & Shoulders + Wave Count Chart.XRP is currently in an ABC correction pattern that is forming a perfect Head & Shoulders pattern. If price action continues to drop, I expect it to hit the lower range of the descending wedge indicated by the purple box, which could act as a launching pad for the next wave up.
Good luck, and always use a stop-loss!
RIPPLE - Price can break support level and continue to declineHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
Recently price entered to rising channel, where it rose to support level, but at once bounced and fell to support line of channel.
After this, price turned around and made upward impulse to resistance level, thereby breaking $0.5665 support level.
Next, XRP corrected and then repeated upward impulse to $0.7440 points, breaking $0.6630 level and exiting from channel.
Soon, price turned around and in a short time declined to support level in triangle, breaking resistance level again.
A not long time ago Ripple bounced up and started to rise and now I think that XRP can fall to support level back.
Also then, Ripple will break this level, make retest, and continue to fall to $0.5200
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Nothing new for XRPI decided to share the XRP/BTC chart just to show you that there is not something new for XRP. Every time that XRP hit the black line, it pumped in the next days/ weeks. Considering this possible pump against Bitcoin, we can expect a 2x/3x pump for XRP/USDT that could reach a possible price of $1.2/$1.4
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The key is whether it can receive support around 0.5682 and riseHello traders!
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(XRPUSDT 1M chart)
If the price remains above 0.47, it is expected to continue its upward trend.
Since the volume profile section is formed around 1.0409, it is expected that a new wave will be created only if it rises above 1.0409.
(1W chart)
The HA-High indicator is formed at 0.5682.
Accordingly, the key is whether it can receive support around 0.5682 and rise.
If not,
1st: 0.5236
2nd: 0.47
You need to check if you receive support near the first and second levels above.
Since a psychological volume profile section is formed around 0.618 (0.8121), in order to continue the upward trend, the price must rise above the psychological volume profile section formed around 0.618 (0.8121).
(1D chart)
As prices fall, the likelihood of a new HA-Low indicator being created increases.
The creation of the HA-Low indicator means that a low point is formed.
Therefore, if the HA-Low indicator is touched, support is an important issue.
Currently, the HA-Low indicator is formed at 0.5145.
Therefore, if the HA-Low indicator plummets to around 0.5145 before a new indicator is created, you should check to see if it shows support.
If support is confirmed, it is time to buy.
Falling below the HA-Low indicator means that there is a high possibility of renewing the low point, so a stepwise decline may occur, so you need to think about how to respond.
Since the HA-High indicator is formed at the 0.6405 point, it must rise above 0.6405 to continue the upward trend.
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 area, you should check the movement when this area 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 Cup & Handle forming bull-flag pattern with Fibonacci. If you've followed my charts, then you've certainly seen the cup & handle pattern that I identified many months ago in XRP. Although the breakout wasn't as spectacular as many of us had hoped for, it seems a pattern is forming within the pattern. The bull-flag, in combination with the Fibonacci sequence, and the upper trendline of the 'XRP is not a security' rally high, may be a good combination for traders to utilize in order to plot their next long position.
Good luck, and always use a stop-loss!
HelenP. I Ripple can make impulse up from support levelHi folks today I'm prepared for you Ripple analytics. A not long time ago price declined lower support level, which coincided with the support zone, thereby breaking it, but later XRP turned around from the trend line and started to rise in an upward channel. In the channel, the price broke the support level one more time and soon reached the resistance zone, which coincided with the 0.6370 resistance level, but at once fell back to the support level. After this XRP rebounded from this level and in a short time rose to the resistance line of the channel, thereby breaking the 0.6370 level. Then, the price turned around and made a strong impulse down to the support line, breaking the resistance level again. After this movement, XRP some time traded near the support line of the channel and a not long time ago broke this line, which is a trend line too. At the moment, the price trades near the support level, and I expect that Ripple will decline to the support level one more time and then rebound up to the resistance level, thereby breaking the trend line again. That's why I set my target at the 0.6370 level. If you like my analytics you may support me with your like/comment ❤️