Bearish ☁️ Hover Over XRP 1D/1W Horizon; Downtrend? Mixed trading conditions hover over the global crypto market 🌐 in the next 24 hours, with a bullish sun ☀️ shining over Bitcoin and Dogecoin. However, bearish clouds ☁️ will exert pressure on the rest, including Ether, Ripple’s XRP, and Binance Coin.
Over a one-week horizon, the sun is forecasted to break through 🌥️, casting rays of positivity on Ether, Litecoin, and Binance Coin. Bitcoins are expected to bask in this upside trend ☀️, according to ATTMO. Nevertheless, bearish clouds are predicted to persist over XRP, Avalanche, and Polkadot. ☁️
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XRPUSDT
HelenP. I Ripple can decline a little more and then start riseHi folks today I'm prepared for you Ripple analytics. If we look at the chart, we can see how the price rebounded from the support area some days ago and made a strong impulse up to the trend line, thereby breaking 0.5900 and 0.6700 levels. But then Ripple started to decline and in a short time fell below the 0.6700 level, which coincided with the resistance zone. Price some time trades close to this level and tries to back up, but fails and declined lower to the support level. Next, Ripple rebounded from this level and rose to the trend line, after which it at once rebounded and fell to the support zone. Then the price made impulse up higher than this level and even soon broke the trend line. After this, Ripple made a retest and a little rose higher, but recently it started to decline. Now, I expect that the price can continue to decline to the support level and after Ripple reaches this level, it rebound and start to move up. That's why I set up my target at the 0.6400 level. If you like my analytics you may support me with your like/comment ❤️
XRPUSD double fibonacci patternCRYPTOCAP:XRP perform a nice bullish wave at previous analysis and still follow fibonacci rules.
We have 2 setup here :
Setup 1 :
ABCD pattern with entry at $0.6021
Stoploss at $0.5616
Target at $0.8333
Risk reward ratio : 6.78
Setup 2 :
Harmonic pattern with entry at $0.6021
Stoploss at $0.5661
and target at $0.7177
Risk reward ratio : 3.44
Good luck
The cup and handle formation XRPUSDTHow Did the Cup and Handle Pattern Form?
The cup and handle formation appears when there has been an upward movement pattern. This is a bullish upward continued pattern.
The trend is confirmed as cup and handle formation only when the stock price surpasses the resistance level and shows an upward movement. Only then can a trader get a confirmation that the higher price stock movement is going to sustain.
When a stock begins to move upwards and shows a bullish pattern, traders continue to invest in the stock’s growth and positive trend. As the stock breaches high levels, investors who came in at the beginning of the uptrend start booking profits. At this level, the upward trend halts, and the price falls with selling pressure. At this stage, the cup formation curves downwards in a bowl shape. As traders and investors continue to book profits, the cup moves lower, indicating a temporary downward cup.
At these levels, savvy investors, traders, and institutions begin to pump funds into the stock at attractive levels due to the fundamentals of the stock or value buying. At these low price levels, buying comes in, and with buying pressure, the cup curvature starts moving up to reach the resistance line. At this stage, an entire curved bowl-shaped cup is seen.
The handle emerging here is interesting to note and indicates human psychology. The trader who had invested at the peak of the resistance line before the stock dipped is eager to take his capital back as the stock moves up. Moment stock touches the resistance level, and this trader sells. Also, the traders who started buying at the bottom of the cup look at the resistance point as a safety level to book profits. There is selling pressure at resistance levels, and the upward cup shape is halted.
The volume of stocks also identifies the cup and handle at the beginning of formation at the end of the cup curve. The volume of shares is low at the end of cup formation as the selling is not heavy here. The investors who bought at the previous resistance level their capital and sell. Short-term traders without a fundamental view sell at the seeming peak of the stock.
The institutions and experienced investors hold on to the stock bout at cup bottom. The selling volumes are low and don’t push the stock price down. The buying also continues, and if large volumes of buying hold, the stock breaks the resistance level, and upward trends emerge, making a handle pattern.
Exciting Opportunity: XRP's Recent Falling Wedge Signals a BulliI wanted to reach out and share some fantastic news about XRP, as it has recently formed a falling wedge pattern that indicates a potential bullish breakout in the near future. This is definitely a moment to pay attention to!
For those who may not be familiar with technical analysis, a falling wedge is a bullish chart pattern characterized by converging trendlines that slope downwards. It typically represents a period of consolidation before a significant upward move. And guess what? XRP has been forming a beautiful falling wedge pattern, setting the stage for a potential breakout to the upside!
Now, I understand that investing involves risks, but the current market conditions and XRP's technical setup make it an incredibly enticing opportunity for those looking to go long on XRP. The falling wedge pattern suggests that the price of XRP is likely to experience a strong upward movement, possibly leading to substantial gains for investors who position themselves accordingly.
So, why should you consider going long on XRP? Here are a few compelling reasons:
1. Technical Indicators: Traders and analysts widely recognize The falling wedge pattern as a bullish signal. It serves as a strong indication that XRP's price is likely to reverse its downward trend and embark on a significant upward trajectory.
2. Ripple's Expanding Ecosystem: XRP's underlying technology, RippleNet, continues to gain traction and adoption across the globe. Ripple's partnerships with major financial institutions and banks indicate a growing demand for XRP as a bridge currency for cross-border transactions.
3. Market Sentiment: With the overall market sentimenat turning increasingly positive, XRP stands to benefit from the broader cryptocurrency market's recovery. As investor confidence grows, XRP's potential for substantial gains becomes even more promising.
Now, I don't want you to miss this exciting opportunity! It's time to take action and consider going long on XRP. Investing always carries risks, so it's crucial to do your own research and seek professional advice if needed. However, with XRP's falling wedge pattern and the positive factors mentioned above, the potential rewards could be well worth it!
XRP Price TargetIf you haven`t bought the dip on XRP here:
Then you need to know that Binance, along with its CEO 'CZ,' has confessed to federal charges and committed to settling fines amounting to $4.3 billion.
The crypto exchange “admits it engaged in anti-money laundering, unlicensed money transmitting and sanctions violations"!
The question arises: from where will these substantial funds be derived?
One possible source is Binance's Proof-Of-Reserves, which reportedly exceeds 100%.
Among the tokens impacted is XRP.
I've set a short-term price target for XRP at $0.53.
Looking forward to read your opinion about it!
XRP: Pullback in UptrendRipple (XRP) technical analysis:
Trade setup : Bullish breakout from Ascending Triangle pattern and above 200-day moving average signaled resumption of an Uptrend. Price spiked up as high as $0.73 but got very overbought (RSI > 85!) and pulled back on some profit taking. This pullback near $0.55 support and 200-day MA could be a swing entry opportunity in an Uptrend with upside to $0.92. That’s the peak from July’s runup.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $0.55 (previous resistance), then $0.45. The nearest Resistance Zone is $0.68, then $0.92.
XRPUSDTXRPUSDT
At the time of writing this post, the price is at the level of 0.57 and is trying to break through the key resistance at the level of 0.58.
If buyers take the initiative and are able to push the price higher, we will see a likely breakdown of this resistance (red line).
If after breaking through we are able to gain a foothold above the level of 0.58, then we will very likely see further growth.
In this case, our targets will be the blue lines: 0.6806 - 0.7314 - 0.8388.
In case of any significant updates, we will update the idea.
Don't forget to show your support by like(rocket) and comment✅
Also you can ask for only 1 altcoins analysis and i will try to do my best to cover as much as i can✍️
XRP price increase will shock people in the coming months!Less than 1/2500th of 1% of the global population is aware of what is about to happen to the global economic system. The new digital system is virtually unknown by the vast majority of people on earth, and very few of those 'in the know' are even aware of just how incredible the next 7 to 10 years are going to be for the right digital assets.
XRP will be the king of the digital-asset-space bar none! And even many people who hold XRP now will be picking their jaws up off of the floor when they see what is about to happen to the price in the short, and long term!
XRP holders - hold on tight!
XRP has Broken Out of Descending Channel |👀🚀 What 's Next?💎 Paradisers, prepare for a captivating trading prospect with XRPUSDT. The asset is currently exhibiting significant activity within the demand zone, indicating a potential shift towards an upward trend.
💎 Ripple has been meticulously following a descending channel. It has previously broken above this channel, and we anticipate a move towards a resistance level, followed by a quick pullback, consistent with its typical channel behavior.
💎 There's a strong likelihood of a bullish movement initiating from the support level around $0.5742. With XRP having effectively broken out of the trading channel upwards, a resistance target near $0.9500 is within sights.
💎 Timing is crucial for astute Paradisers. Identifying the most favorable entry points during this upward trend is key. It's advisable to be cautious and avoid buying at the peak of the movement.
💎 Stay alert, as there's a possibility of XRP falling below the support level of $0.471. A drop beneath this crucial point might cast doubts on the sustainability of the upward trend.
XRP broke out of a descending wedge pattern on the daily chartFor the past two weeks, BINANCE:XRPUSDT has been in a descending channel. Price just broke out of this channel, making higher highs for the first time in a while. If this maintains, we could see a retrace back up to $0.73.
Are you bullish on XRP? Now is a good time to load up your bags!
XRP/USDT - 15% pumpOk folks, here is what I think and I am 70/30 certain we will see at least a little pump and continued upward momentum on the XRP/USDT chart.
1) We just broke a downward channel, after a retest I think we will continue climbing up.
2) RSI has somewhat of a repetitive pattern of going above 70, we have not seen it there for about 18 days and I think we are on our way to going there.
3) we already touched the 0.618 fib retracement levels. If we are on our way to making wave 3, We might go up as much as 0.80
4) It's Thanksgiving and every self-respecting retail investor is about to share the hidden knowledge of XRP with their uncle, cousins, and the rest of the family. I am expecting at least 5% of uncles and cousins to FOMO in and jump on the hype train. So that's that. Overall, I am short-term bullish -70/30 and by short-term, I think this will play out by Sun/Mon.
What do you think?
Good luck trading and Happy Thanksgiving!
XRPUSD bearish wave almost overRipple almost reach channel down resistance, with a strong bullish candle.
If $0.62460 break up, we will have a new bullish wave with a big target at $0.85352 as fibonacci 1.618 projection,
but if it failed to break bullish confirmation level, our focus still at $0.59480 support level and $0.58344 fibonacci support to enter long position.
I will update this analysis if I found a new pattern or if channel down break up.
you can check my previous analysis at ripple here :
Ripple can decline to support 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 a few moments ago declined to the support line and at once rebounded and made a strong upward impulse to the 0.6600 resistance level, which coincided with the seller zone. Also, the price broke the 0.5700 level too, and later Ripple started to decline in a downward channel, where it soon fell to the 0.6600 level and some time traded near. Price tried to back up, but later it finally broke the 0.6600 level and continued to decline in a downward channel. As well then, Ripple declined to support level, which coincided with the buyer zone, and at once rebounded up from it. And now, the price trades near the resistance line of the channel and I think that Ripple can reach this line and then rebound down to the support level. Next, the price can try to break this level and after the breakout, Ripple can fall to the buyer zone. Therefore I set up my target at the 0.5550 level, which coincided with the buyer zone. Please share this idea with your friends and click Boost 🚀
XRP On hell supportXRP is sitting on a very strong support at 0.58. It's a multy weekly support, so what we can expect is a continuation of the uptrend here. Target (expected to be reached before Christmas) is 0.9, that is a strong resistance. From that level we XRP price could start to drop to our entry point waiting for the bull run start
XRP Aiming for $0.73? Don't Let the Bear Channel Fool You.XRP has been marching to the downside for weeks and it would seem there's no end in sight. Except that we're currently sitting on what *used* to be a resistance zone of $0.55-$0.57. RSI is around 40, Bitcoin could fall to $35,000, the million-dollar question is (hopefully literally):
How do we trade this?
If our only point of analysis is the bear channel, then we would always be looking for a short, which is reasonable. Several other data points interfere with that bias. XRP is currently sitting on what previously was resistance that is now being tested as support; in the $0.55-$0.57 price range. We also have 4 pushes to the downside (you could argue 3 and this is the double bottom) which is a reversal signal that we should watch out for.
Bitcoin is also facing a potential pullback which as a leading indicator, could hinder XRP's ability to mobilize to the upside. The RSI is also around 30.00, a weak indicator on its own, but supports the other data points in this analysis. This is why we should wait for a bull signal and confirmation bar at support before rushing into a long position. We need that confirmation to increase our probability of profit.
Key Points
1. In a Bear Channel, but 4 pushes down complete.
2. Currently Testing Previous Resistance Turning Support.
3. Wait for Bull Signal and Confirmation
4. RSI at 30.00, Reversal to the Upside Probable.
5. Use Caution, Bitcoin could fall further and take XRP with it.
You are solely responsible for your trades, trade at your own risk!
Let us know what you think in the comment section below!
#XRP - Target $1.50 for first part of major breakoutThe longterm chart of XRP is extremely bullish
I think there is a good chance we have a bull flag about to break, that will target the high form last July
This level is our High 3 in a massive #HVF pattern
and the key trigger to take us to Major Target 1 of $1.50 (log target)
Bull Flag - XRPHere I have XRPUSDT on the 4Hr Chart in what looks to be a Bull Flag!!
Price was previously in a Strong Uptrend prior to entering the pattern.
-Price gave us 3 tests of the Falling Resistance and 2 tests of the Falling Support.
If this is in fact a Bull Flag, we should expect a Bullish Break to this continuation pattern where price should continue HIGHER!
**Chart patterns are known to fail 1/3 of the time so BEWARE OF FALSE BREAKS!!!
-Pattern Prediction-
*If price Breaks and Closes below Falling Support, pattern INVALIDATED!
*If price Breaks and Closes above the Falling Resistance, price action will initiate my Trade Action Plan!
The key is whether it can receive support at 0.6070 and riseHello traders!
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Have a good day.
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(XRPUSDT chart)
(1M charts)
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, when the rise begins,
1st: 1.1248-1.3083
2nd: 1.9023
It is expected to rise to around the 1st and 2nd levels above.
Accordingly, the area around 1.0409 corresponds to an important support and resistance area.
(1W chart)
The HA-High indicator fell and broke out of the previous box, a major resistance zone in the 0.65-1.7050 range.
Accordingly, the key is whether it can rise from the current box range of 0.4226-0.6369 and rise above 0.7046.
(1D chart)
The key is whether it can receive support around 0.6070 and rise to the box range of 0.6808-0.7799.
If not, you should check for support around 0.5416-0.5690.
If support is confirmed around 0.5416-0.5690, it is expected to form a pull back pattern and rise.
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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.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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