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XRPUSDT

Ripple can bounce down from buyer zone to 0.6000Hello traders, I want share with you my opinion about Ripple. Looking at the chart, we can see how the price a few moments ago bounced down from the support line of the downward channel and fell firstly to the 0.6850 resistance level, which coincides with the seller zone. Then price continue to decline, broke this level, and made a strong impulse down to 0.6285 current resistance level, thereby exiting from the downward channel. After this Ripple declined below the 0.6285 level to the buyer zone, and at once it tried to rise, but failed and declined to support line of pennant. Then the price rebounded and rose to the resistance level, but a not long time ago Ripple declined to the current resistance level and some time traded near this level. Also recently, the price exited from pennant and now it trades in the buyer zone near the 0.6285 resistance level. Probably Ripple can decline lower buyer zone, therefore I set up my target at the 0.6000 level. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
6
XRP - Time to buy for a 500% profit! (now) XRP is currently retesting a major trendline from 2022, and this retest is exactly where you want to buy this coin! This trendline is also part of an ascending parallel channel on the daily chart, which strengthens the support. What's more, we have had a strong 0.618 FIB retracement on the LOG scale. We hit this level almost to the dollar, so if you bought at this level, congratulations! I share my trades transparently and post trade setups privately. We also need to take a look at the volume indicator. Clearly, since the downtrend finished in 2022, the bullish volume is overwhelming. That's definitely positive, and XRP could reach much higher levels in the next few weeks and months! Now the most important question is: what is the profit target, and where do I take it? To answer this question, we need to take a look at the market caps of XRP and BTC. The current market cap of XRP is $33,134,349,311 and that of BTC is $574,121,632,744. The market capitalization of BTC is 17x higher than XRP! This means that XRP could theoretically make a 1500% profit and still be number 2. But be optimistic and stay with a 500% profit because it's possible that XRP will go through a 1-year consolidation period before another huge pump. So you want to use your money on something else if it happens. From the Elliott Wave perspective, this is really a strong setup. We have a nest (1-2-1-2), which is a bullish base. Now we are waiting for the 3rd wave to finish. XRP won the SEC case recently, and that caused a 100% pump in a few days. New developments are good and positive, so I don't see any reason why XRP should go down. We will take a look at all profit targets from a technical perspective in the next update on this post tomorrow. Thanks for reading! I hope you learn something new, and let me know your thoughts in the comment section!
Long
by UnknownUnicorn2537518
115
XRP/USDT ReviewHello everyone, I invite you to review the XRP chart on an hourly interval. As we can see, the price went down and entered the local downtrend channel. What's more, we see that there was an attempt to return to the uptrend, above the Cross 200 EMA, but it failed. Let's start by marking the support spots for the price and we see that first we have a support zone from $0.6311 to $0.6249, but if the price goes lower then we have a second zone from $0.6150 to $0.6078, then we can mark strong support at $0.5990. Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that the price has rebounded. Next we can mark resistance at $0.6594, next resistance is at $0.6678 and then towards the resistance at $0.6798. The CHOP index indicates that there is still energy for movement, the RSI is near the middle of the range, which may give a greater price rebound, and the energy on the STOCH indicator has run out.
by cryptodailyuk
1
HelenP. I Ripple can bounce from support zone and continue riseHi folks today I'm prepared for you Ripple analytics. Some days ago price declined to the 0.7145 resistance level, which coincide with the resistance zone, but at once it rebounded up and made a strong impulse up to the trend line. After the price reached the trend line, it started to decline and a few moments later, the Ripple fell to the resistance zone, thereby breaking the 0.7145 resistance level. Price tried to rise, but it failed, rebounded from the trend line, and continue to decline to the 0.6145 support level, which is located inside the support zone. Later Ripple bounced from the support level and started to rise. Also recently price broke the trend line, made a retest, and now trades near the support zone. I expect that Ripple can fall to the support level again and then rebound up, therefore I set up my target at the 0.6750 level. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
9
XRP , TP is between 2.1 to 2.2$ !XRP seems stronger than ever, and we may be in the beginning of wave four. Therefore, the price decline in wave four should end between 0.57 and 0.59 cents. If it stabilizes at these prices, we can say that the decline is a 38.2% Fibonacci retracement. The price growth and the start of wave five will be here, and wave five will be as long as wave three, with a target between $2.2 and $2.1. The time to reach the suggested prices: The price of 0.85 will be around late June 2024, and the price of $2.1 will be around December 2024. Please note that the dates are approximate and not exact. The analysis method: The analysis is based on Elliott waves, Gann fan, Fibonacci, and Ichimoku.
by khosrooparviz
7
XRP/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this XRP/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- XRP, which fell by as much as 5% during today’s session. After peaking at 0.6623 during yesterday’s session, XRP/USD plunged to a bottom at the 0.6253 level. XRP, formerly Ripple, has been on the decline since its peak of 0.9479 on July 13, which was a 20-month high. The latest drop coincided with the RSI failing to break out of a key resistance zone at the 46.00 region. In the event momentum remains bearish throughout the week, XRP could be moving towards 0.5000. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
6
XRPUSDT Defies Gravity with 50% Growth Potential💎Following our previous analysis on #XRPUSDT, we can observe a significant development in the price action. The decline was halted at the uptrend trendline, coinciding remarkably with the Volume Profile support level. Notably, prior to this, there was a strong rejection of the 200 Simple Moving Average, establishing a crucial support level at $0.41. 💎As long as this support level remains defended by the bulls, and the Volume Profile support and uptrend trendline continue to be respected, the probability leans in favor of an uptrend continuation. Paradisers, it is essential to acknowledge that #XRPUSDT faces a formidable resistance near the $0.55 area. However, considering the aforementioned factors, the odds currently favor the bulls. 💎Taking all of this into consideration, we can anticipate a potential price increase of 30% to 50% for #Ripple in the coming weeks. It is worth noting that key resistance levels, as often observed, are based on Fibonacci retracement indicators. The nearest Fibonacci resistance level sits at 50%, while the second and most significant level is located at 61.8%. Intriguingly, if #XRP surpasses the 61.8% Fib level, we may witness an exponential price surge of 100% or more. 💎To summarize, a buying opportunity with a strong risk/reward ratio is apparent. However, it is important to consider factors such as multiple bounces off the supply area, which slightly diminish the probability of an uptrend. The MCP team remains vigilant, and #Ripple could potentially be one of the first coins to experience significant movement in the near future.
Long
by MyCryptoParadise
Revisiting XRPUSDT after our last bullish forecastIntroduction and Context: 💎Since our last analysis of #XRPUSDT, there's been a lot of speculation about the next moves for #Ripple. A month has passed since the pullback, and it's time to delve into the price action once more. Understanding Key Zones: 💎The previous supply zone around $0.6 has transitioned into a demand zone. This shift indicates that this area might attract buyers. Conversely, the supply near $0.9 has been staunchly defended by bears. This sets the stage for a trading range with support at $0.6 and resistance at $0.9. Fibonacci Insights: 💎The price has touched the 61.8% Fibonacci level, a common retracement point. This is significant as it often indicates potential future price movements. Trend Analysis: 💎The prevailing trend for #XRPUSDT is bullish, characterized by higher highs and higher lows. Given this trend, there's a higher likelihood that the price might ascend again, targeting the $0.9 supply zone. Potential Downward Movements: 💎If #XRP were to break below the demand zone, we could anticipate a drop towards the 88.6% Fibonacci support level at $0.47. This could be followed by a period of consolidation before any potential uptrend continuation. Bullish Outlook Invalidation: 💎A significant bearish indicator would be if the price breaks below the $0.41 support. This level is crucial as it's where #XRPUSDT previously bounced off both the uptrend trendline and the 200 Simple Moving Average. It also represents the previous lower low. Unless a new lower low is established, the outlook for #Ripple remains bullish.
Long
by MyCryptoParadise
xrp---> what happen after pump?!hello guys... I choose the weakly time frame to show you this detail! you can see the xrp break up the descending trendline and break out the rectangle, as you can see the target of the rectangle was 0.66 fibo level touched, so let me go another time frame! be with me! ______________________________ always do your research. If you have any questions, you can write them in the comments below, and I will answer them. And please don't forget to support this idea with your likes and comment
Long
by melikatrader94
49
WHERE WILL XRP GO? (1D)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ICP symbol. Although it went up very wildly, but it reached the red drawn resistance that I had specified, it was rejected. Now correcting for our diametric F wave. If it reaches the green zone, you can buy for the rising G wave For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
3
Ripple XRP price has not yet gained the "strength" next riseA bit of time has passed since the rapid rise in the XRPUSDT price and emotions have calmed down, so it's time to take a rational look at the chart. The previous XRP price increase was surprising only in terms of the time it took to work out, but not in terms of price targets. Looking at the XRPUSD price chart now, it seems that the correction of the previous growth is still too small. Accordingly, the correction should continue, and the price of Ripple should fall. After this paragraph, here going to get a lot of dissatisfied "XRP believers" :) So let's put it this way: with our personal money, we would be ready to buy some XRP for our investment portfolio no earlier than the price zone of $0.59-0.61. And after that, hold it and wait for the next x2 growth with a desire to sell it in the price range of $1.15-1.25 P.S: At this stage, we consider "wet dreams" about the price of XRP at $5-10-100 or even $300, to put it mildly, inappropriate. Because then Ripple's capitalization will be larger than BTC, the entire crypto market now, than the capitalization of gold, the US government debt, etc. Hopefully, you have caught the logic and critical thinking.) But if "somehow" the issue and supply of XRP coins is denominated 100 or even 1000 times, then miracles can happen) _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
45
RIPPLE - Price can break resistance line and continue to riseHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊 Recently price traded inside flat, where it reached top part of flat and started to decline to resistance level. When price fell to $0.6930 level, which coincide with resistance area, it bounced up, exited from flat, and entered to falling channel. In channel Ripple broke $0.6930 resistance level and reached resistance line, after which, it bounced down to support level. But recently it declined to support line and then bounced up to resistance line, where continues to trades now. I think, that Ripple can decline to support line and then bounce up to $0.6500 level, thereby breaking resistance line. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
9