Ripple can exit of range and then continue to grow to 0.6750Hello traders, I want share with you my opinion about Ripple. Observing the chart, we can see that the price started to decline in a downward channel, where it first reached the resistance line and then in a short time declined to the 0.6750 resistance level, which coincided with the seller zone. then price broke this level, made a retest, and declined until to buyer zone, breaking the 0.6000 support level. But soon, Ripple rose back and even exited from the channel. Also then, Ripple started to trades in a range, in which it tried to rise higher, but failed and declined back to the support level, which coincided with the buyer zone. Then XRP some time traded near this level and bounced up. Now, I think that Ripple can continue to move up to the top part of the range and try to exit from it. After the price exit from the range, it makes a retest and continues to move up to the 0.6750 resistance level, where is located my target. Please share this idea with your friends and click Boost 🚀
XRPUSDT
XRP/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this XRP/USDT update from Crypto Sanders.
Chart Analysis:- XRP is still in a downtrend, but the price found good support at 57 cents. Bearish momentum decreased in the past few days and the price only fell by 2% compared to last week.
If buyers return, then this correction may be coming to an end. However, any renewed rally will have to face the resistance at 68 cents.
this cryptocurrency is well-positioned to resume its uptrend in December if the overall market remains bullish.
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.
XRP ☁️ 24 Hours; Short-Term Bearishness? A bullish sun will shine over the largest crypto tokens, Bitcoin and Ether, in the next 24 hours and over a longer one-week horizon. 🌞 However, altcoins like Ripple’s XRP, Cardano, Avalanche, Polkadot, and Chainlink won’t profit from this positive trend and face bearish ☁️ trading conditions.
Binance Coin and Cardano will face bearish clouds ☁️ in the next 24 hours, but then profit from a bullish sun over a longer time horizon, ATTMO shows. 🌞
Follow us for more crypto weather reports!
XRPUSDT Loading Up to retest previous highTA on the daily and 4 hour timeframe shows a double confluence for XRP to go up.
1. XRP is bouncing within Daily Fibs zone
2. Bullish Pennant form
On Fundamentals, there are some relatively positive news about XRP despite its ongoing battle with the SEC
I have placed a positions on the Fib zone, and another limit buy entry on the lowest support zone area seen on the 2nd green line.
WDYT!
Long XRP here to 73 CentsI really like XRP at this level. The 58 cent level proved it is legit support and XRP now looks to have formed a bull flag which it is at this moment attempting to break out of. All moving averages are on the underside of us assisting the 58 cent level in supporting price. Additionally, we have touched that RED line (see RSI) yet again and everytime we do so a decent pump has followed. I'm long to 73 cents with my SL at 53 and a RRR of 1.5. My stops are rather loose. Others may tighten that up to increase the RRR pending risk tolerance.
None of this is fin advice.
Best,
Stewdamus
RIPPLE - Price can bounce up from support level to $0.6540Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
Recently price started trading inside falling channel, where it soon broke $0.6860 level, which coincided with resistance area.
After this, price declined to support line of channel and then tried to rise, but reached resistance line and then fell lower.
Ripple declined until to support level, which coincided with support area, and even soon declined to this area.
But later price bounced and rose higher than support area and later it exited from channel and tried to rise.
But Ripple failed and now trades near $0.6000 level, and I think price can bounce from this level to $0.6540
If this post is useful to you, you can support me with like/boost and advice in comments❤️
💎 $XRP : The Price will Pump again ? (READ THE CAPTION)By checking the Ripple chart in the daily time frame, we can see that the price is trading in the range of 0.6045 and if the price can stabilize above the level of 0.5730 in the next week, we can still expect growth from this cryptocurrency, otherwise Considering that Ripple is below a supply range, selling pressure may increase and soon we will see targets below 0.5730! This chart will be updated!
Please share your opinion about the possible trend of this chart with me and support us with your likes and comments.
Best Regards , Arman Shaban
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. ☁️
Follow us for more crypto weather reports!
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!