XRPUSDTXRPUSDT was trading in symmetrical triangle pattern. The price was reacting well the support and resistance of triangle.
Currently the price has given the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 0.600
What you guys think of this idea?
XRPUSDT
Ripple can rise to resistance level and try to break itHello traders, I want share with you my opinion about Ripple. Looking at the chart, we can see how the price some days ago broke the 0.6900 resistance level, which coincided with the seller zone, and started to trades in the range. Inside range, XRP firstly declined to 0.5900 current resistance level, which coincided with the resistance area, after which it rebounded and made an upward impulse to the seller zone. But the price at once turned around and in a short time declined back to the 0.5900 level, making a fake breakout. Then Ripple bounced from this level and tried to rise, but failed and made a strong downward impulse to the support line, thereby exiting from range and breaking the 0.5900 level. After this, the price at once rebounded from the support line and rose to the resistance area, even rose higher than the resistance level, but recently XRP declined back, making a fake breakout. Now price trades near the support line and I think that Ripple can bounce from the support line and rise to the resistance level and try to break it. After the breakout, XRP will make a retest of this level and continue to move up. So, that's why I set my target at the 0.6300 level. Please share this idea with your friends and click Boost 🚀
Expect to see a continuation of strong growth of $0.75LONG #XRPUSDT from $0.586 stop loss $0.48
4h TF. The price is trading in a long-term accumulation, within the framework of which we managed to make a local breakdown of the structure into an upward one.
I expect to see a continuation of strong growth from the mitigation block at the level of $ 0.511 with the aim of breaking through the downward slope, a cascade of resistance levels and updating the local maximum of $0.7535
XRP|The possibility of starting a new BULLISH waveAfter the price reached the resistance area of 0.7154 in the form of an upward trend, we saw the return of the price, which is in the form of a descending channel.
The demand areas in the daily time have prevented the price of Ripple from falling further, which has gathered all the available liquidity in these areas in a last ditch effort to start an upward trend.
At the moment, we have to wait for the channel to break upwards, and in the return to valid support areas, we should enter into buying transactions to reach the price targets of 0.7154 and 0.8341.
XRPUSDT to $1.22 this year?2 factors drive my analysis for why I'm forecasting XRP to hit $1.22 this year.
First:
XRP ETF Speculation from Blackrock. - BlackRock CEO Larry comment on the potential for an XRP ETF on Fox Business interview “I can’t talk about that!” when asked about an XRP ETF.
This left investors and analysts parsing his words for hints of BlackRock's possible foray into XRP
2nd: Technical Analysis
2 sides of the coin for this, as seen by my bullish green price action arrow forecast and bearish red price action arrow forecast.
However, i'm leaning more towards longs, due to fundamentals where despite volatility and FUD, the overall momentum is hopeful bullish.
At the time of posting - 14Jan 4.30 SGT, XRPUSDT is on the weekly support -resist level. Previous week's candle closed bearish, however, with a long wick showing buyers strength. This week looks to be ending on a green candle. Long sell wick indicates sellers strength.
Weekly is gonna close with a sideways momemtum, as market is hesistant and bith bear and bulls are looking to see each others next move.
I however, expect week support to be respected, and pump up to week's resist after some consolidation, to retest March 22 week resist zone.
If price retest Mar 22 resist zone and forms support on 0.748, I'm expecting XRP to push all the way to 1.22.
While bullish for $1.22 target, that'll probably be pre ETH ETF, to which, a massive liquidity grab will bring XRP back to 0.5-0.8 zone.
XRP High probability Uptrend with 70% move with target: $1.042The analysis below outlines a bullish case, with a target price of $1.042, marking a potential 71.76% increase from the current level.
Ascending Channel Formation:
The XRPUSD has been trading within an ascending channel, exhibiting higher lows and higher highs, a classical indicator of a bullish trend. The lower boundary of the channel has consistently provided support, suggesting a strong buying interest.
Consolidation Zone:
Prior to the current price action, XRPUSD was consolidating, with the price oscillating between a well-defined range of support and resistance levels. The upper boundary of this range may act as a springboard for a breakout.
Z-Score Probability Indicator:
The Z-Score indicator has dipped into the red zone, which often precedes a reversal. Given the other bullish signals, this could indicate a potential buying opportunity.
Moving Averages:
XRPUSD is currently trading above its significant moving averages, which have started to trend upwards, suggesting a bullish market structure.
How XRP got the bullish trend confirmation by Bullish Bngulfing Hello everyone,
XRP is aiming to establish a new price zone between $0.62 and $0.64, which could pave the way for a further rise to $0.71-$0.75.
In this post, I will share with you a clear and easy analysis of the XRPUSDT pair on a 1H chart. As you can see, XRP recovered from the market dump and entered a wide price zone, which indicated a potential upward trend. Before the break of the downtrend line, there were two long-wick candles in the price zone, which showed that the buyers were testing the resistance level. The break of the downtrend line was followed by a strong bullish Engulfing candle, which signaled a reversal of the bearish momentum and a continuation of the bullish trend. I hope you find this analysis useful and informative.
What do you think about this analysis? Do you agree or disagree with it? Please share your thoughts and opinions in the comments below. I would love to hear from you.
Disclaimer: Please note that this is not a financial advice and you should do your own research before making any investment decision
Ripple - XRPUSDT - Sleeping GiantGreetings Everyone,
Today we are looking at Ripple's XRP.
Ripple is one of the oldest crypto project and the only project which flipped ETH for second spot in crypto ranking in 2017 bull run and is the only one that came closest to flipping Bitcoin for first spot during the same time period. Although it was a very short period but it happened and it speaks volume.
Later on SEC vs Ripple lawsuit came into play during last bull run which capped the projects adoption and growth potential significantly. Even with that it had 10x growth during last bull cycle peak. Last year, however, Ripple won the lawsuit and XRP had a short lived spike but we were not completely out of the bear cycle lows so it did not amount to much.
This time, with SEC troubles behind us, we expect to have bright days ahead for XRP.
For the last little while XRP has been trending in an up-slopping channel except for a short live spike mentioned before. It still maintains the elite top 10 crypto status which demonstrates the strength of the project and it made a significantly higher low compared to last cycle i.e., its holders have diamond hands. Additionally it has been in the news that there will be ETF filings for XRP in April 2024.
Based on all the history and factors indicated, we expect that XRP start to print great gains soon now that BTC ETF has successfully been approved and the market stagnation due to that is behind us.
Our target for XRP at the peak of bull cycle is around $12 mark which will be 20x return from current price level.
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Note: This is not financial advise and shall only be used for educational and/or entertainment purpose. Please do your own research before investing. Crypto Markets are highly volatile and you are responsible for the risk of losing your entire investment.
ETH Bullish ☀️ 24H & 1W Horizon; XRP Bearish ☁️? Sell Now? Ethereum, Litecoin, and Cardano are likely to profit from a bullish sun in the next 24 hours. ☀️ On the other hand, Ripple’s XRP and Avalanche are also likely to face downward pressure ☁️
Over a one-week horizon, bullish sun will shine over a larger part of the crypto universe, however, XRP, Avalanche, and Polkadot will still be facing bearish clouds, signaling further downside risk. ☁️
Follow us for more crypto weather reports!
BTC - ETH - XRP (GROWTH POTENTIAL) - JAN 2024
BTC - ETH - XRP (GROWTH POTENTIAL) - JAN 2024
It seems that today, the decision regarding the BTC ETF will likely be revealed. Regardless of the outcome, I think it might be advisable to consider transitioning from BTC, especially after it reached FWB:48K , to alternative coins such as ETH or XRP. Various other alternative cryptocurrencies also exhibit promising potential. To sum up, it might be prudent to refrain from buying Bitcoin for the time being, starting from January 2024, and explore other options within the cryptocurrency market.
RIPPLE - Price can bounce up from support area to $0.6000 levelHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
When price reached resistance level, which coincided with resistance area, XRP soon broke it and rose higher.
But later price declined back, thereby breaking $0.6500 level again, and started to trades inside flat.
Inside flat, XRP first made fake breakout and then made upward impulse to resistance zone, after which price started to decline.
Later Ripple in a short time declined to $0.5000 points, exiting of flat, and soon it also entered to triangle.
In triangle, price rose higher than $0.5600, but recently XRP reached resistance line and fell to support area.
In my mind, Ripple can break support line, exiting of triangle, and then bounce up to $0.6000, breaking resistance level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
XRP Long term buy zones - BTC ETF cancelled push down XRPSlow grind for XRP could ensure that we see the lows once more. The upcoming BTC ETF will probably not be approved in one go. As a result, XRP will probably fall along with BTC.
As you can see the bottom line will take us to +/- 0.40$ first buy zone where I buy 10,000$.
If this structure gets broken to the downside, it would probably be a fast wick down and up.
So my second buy zone would be around 0.30$/0.25$. Where I buy another 6,000$.
For a flip to 0.90$ XRP
Please let me know your thoughts in the comments!
XRPXrp analysis:
Currently the Price is testing resistance area . This is not a place to buy , we should wait for a breakout and confirmation or We may see a move towards the support area again.
Local support area $0.51-$0.53
Major support area
$0.38-$0.41
Local resistance area
$0.58-$0.60
Major resistance area
$0.69-0.72
XRP: Poised for a Bullish Move
Hello fellow traders,
I would like to share my outlook on the XRP price, as I believe it may be gearing up for a substantial surge. However, please note that the following information is solely my opinion and should not be considered financial advice. Remember to conduct your own research (DYOR) before making any trading decisions.
Analysis:
XRP has shown signs of consolidation in recent weeks, exhibiting a strong base around the $0.60 level. This stabilization indicates a potential accumulation phase, with buyers gaining control and preparing for an upward move.
Price Projection:
Based on the current market conditions and the underlying bullish sentiment, I anticipate that XRP could reach a target price of $0.94. However, it is crucial to exercise caution and consider other technical indicators and fundamental factors that may impact price discovery.
Factors to Monitor:
As we track XRP's progress, it is advisable to keep an eye on significant market events, news releases, and cryptocurrency trends. These external factors can greatly influence the sentiment and price of XRP.
Risk Management:
As with any investment, it is important to have a well-defined risk management strategy. Set appropriate stop-loss levels and consider position sizing to protect your capital in case the market does not move in our anticipated direction.
Closing Thoughts:
To sum up, in my observation, XRP is consolidating and demonstrating accumulation characteristics. While I expect the price to move towards $0.94, it is vital to conduct thorough research, evaluate risk factors, and make informed trading decisions.
Remember, this analysis is for educational purposes only and should not be misconstrued as financial advice. Trade responsibly and make decisions based on your personal assessment of the market.
Best regards,
Crypto By Ghazi
XRP MASSIVE BEAR FLAG ABOUT TO PLAY OUT TO 16 CENTSXRP chart looks terrible. Volume is dropping, interest is dropping. A massive and obvious bear flag is forming, I dont know how no one can see this and people are still buying this thing. This was just an extended bounce for wave B of this correction from XRP top. XRP is losing strength, it failed to make a new high in the least bull run and is now slowly bleeding out. Its going to take a while to bleed out because of how many bag holders there are and how much silly youtubers keep pumping this thing. Its unfortunate that many are going to lose their shirts on this thing. I used to think that maybe XRP could do some amazing things but after doing more research and looking into on chain metrics I am now convinced this was the biggest pump and dump in history.
It looks like XRP is going to dump hard down to single digit pennies in the not too distant future. What will cause this sort of drop you may ask? Well probably the obvious that the SEC will get their way as they always do and XRP will be considered an unregistered security or another lawsuit and people holding get impatient and dump. Who knows, all I know is that its about to tank. Maybe one more quick fakeout up into the 70 cent range to the top of the bear flag, and then whoosh, pull the rug. It is hitting some really strong resistance right now so Im not sure if it can actually break through this.
RSI as you can see is pointed straight down on the 2 WEEK
MACD also pointed straight down on the 2 WEEK
Not financial advice just my opinion.
Ripple can exit from triangle pattern and then continue to growHello traders, I want share with you my opinion about Ripple. Observing the chart, we can see that the price some days ago started to trades in a downward channel, where it first declined to the support line of the channel, and then XRP rebounded up to the resistance line, breaking the 0.6230 level. But soon, the price bounced from the resistance line and in a short time declined to the support line, breaking the resistance level again. After this movement, Ripple bounced from the support line and rose to the seller zone, but the price couldn't fixed and later made a strong downward impulse to 0.5000 points, thereby one more time breaking the 0.6230 resistance level and exiting from the downward channel. After this movement, XRP started to trades in a triangle, where it bounced from the support line and rose higher than the 0.5565 support level, which coincided with the buyer zone. But a not long time ago price declined back to the support line and now trading near. So, possibly Ripple can break the resistance line, thereby exiting from the triangle, and then will continue to grow. For this case, I set my target at the 0.6050 level. Please share this idea with your friends and click Boost 🚀
XRP ANALYSIS🔮 #XRP Analysis - Both Side Scenario 🚀🚀
💲💲 #XRP is trading in a Symmetrical Triangle Pattern and trying to breakdown the channel. We may see a rejection till its support area. But if the price of #XRP breaks and sustain the higher price then will see a pump 📈📉
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#XRP #Cryptocurrency #Support #Resistance #DYOR
Scalp trading (XRP)📊Analysis by AhmadArz:
buy in support reng
🔍Entry: 0.559
🛑Stop Loss: 0.552
🎯Take Profit: 0.567
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💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
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HelenP. I Ripple will fall little and then rebound up to $0.5930Hi folks today I'm prepared for you Ripple analytics. A not long time ago price started to trades in consolidation, where it firstly tried to rise, but soon declined until to resistance zone, breaking the 0.5930 resistance level. But in a short time, XRP rebounded from this zone and some time traded near the resistance level, after which it finally rose to the top part of the consolidation. Then Ripple made little correction, and in a short time rose back to the top part, but later it rebounded from this part and started to decline to the resistance zone. After the price declined to the resistance zone, it broke the 0.5930 level again, and soon XRP made a strong impulse down to 0.5000 points, thereby exiting from consolidation. After this, the price in a short time rose back to the resistance zone, reached the resistance level and recently it started to decline. At the moment, XRP trades below the resistance zone and I expect that Ripple will make one more movement down and then rebound up to the resistance level. That's why I set my target at this level - 0.5930. If you like my analytics you may support me with your like/comment ❤️
Latest XRP Gemini Pro Vision PredictionSo I'm basically posting this just as a way of recording the predictions I've received from the Gemini Pro Vision tests I've started messing around with. So far, as you can see by the chart, it's been pretty good and predicting future price directions within a 10-25 pip range.