Pack your bags and let's travel with XRPThe first point for the Ripple currency is that it is in an upward trend and has reached close to one dollar, so the possibility of growth for this currency is stronger.
Considering that it can be said that it is out of the triangle, but if we consider the worst case, we can draw a triangle as shown in the image and consider the safe entry range after the blue box breaks.
XRPUSDT
XRP Not Yet- So first at all, i want to say i really have respect for Ripple Community because after all fuds, this community was brave enough and patient to support Ripple, if i was Ripple CEO, i would discern an " Hodling Oscar " or make a "Free Airdrop".
- Right now some of the news are talking about Ripple could win against SEC.
- Be carefull, you already experienced in the past, that often it's like " Buy the rumor, Sell the News ", you had the live proof with ETH 2.0 Merge.
- the real problem with XRP is last ATH is lower, in 2018 XRP pushed to 3.30$ish, in 2021 XRP ATH was only 2$.
- i really post this as trader, and i hodl some XRP (and XLM), because "Why not?".
- Diversify is the best way to be in at the good time.
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- Okay lets back to pure trading strategy :
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- Right now there's nothing to buy, absolutely nothing.
- XRP have to break 0.6$ ( EMA100 ) and breakout the downtrend, so i recommend a buy around 0.7$ to be safu.
- if XRP fall down again i suggest to wait and rebuy around 0.3$-0.25$
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- TP1 : 1.29 ish
- TP2 : 1.95 ish
- TP3 : 2.95 ish
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- i will post some olders XRP analysis in comments.
- As always Stay S4fe.
Happy Tr4Ding !
☁️ Trading Conditions; XRP Bucks the Trend & Shines 🌞Cloudy trading conditions loom over the global crypto market ☁️ , suggesting a slightly bearish outlook in the next 24 hours. But wait! Ripple's XRP defies the negative trend, and the predicted ☀️ signals additional upside potential.
Over a one-week horizon, the sun ☀️ should return to the crypto universe, with a slightly bullish market and upside potential for Bitcoin and Ether. However, both XRP and Litecoin may face downside risk.
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XRP: Bullish PennantRipple (XRP) technical analysis:
Trade setup : Price is in a clear uptrend. Price is consolidating in a Bullish Pennant pattern. We wait for a breakout. Bullish breakout could see price revisit $0.92 resistance while bearish breakout could be followed by a dip to $0.55 support. Previously, following a breakout from a Descending Triangle, price spiked up massively to $0.92 resistance on favorable legal ruling. This level acted as resistance way back in early 2022. However, it got very overbought (RSI > 80) and saw selling pressures from some profit taking.
Pattern : Bullish Pennant – forms typically following a sharp advance, followed by a brief triangular shaped consolidation in price (a small change in direction), before the previous uptrend (bullish) typically resumes. The period of consolidation should have lower volume and the breakouts should occur on higher volume.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.55 (previous resistance), then $0.45. The nearest Resistance Zone is $0.92.
XRP, completed Z Z?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
CRYPTOCAP:XRP Update
Levels hitting.
Potential triangle in there.
Cant have a triangle as a W2.
So could lean ZZ.
Quickest resolution is a hold of a
.7318 and blast up, or some sideways possible.
Still short.
.7318 and 0.7836 are the levels to watch.
Cheers!
✏️ #XRP : 101% Pump . now what ? (READ THE CAPTION)By examining Ripple, we see that based on the latest price analysis, it was able to grow again by maintaining the support of the 0.4140 to 0.4440 range, and with the announcement of the end of the court against the SEC , this cryptocurrency faced a heavy pump and was able to grow up to 93 cents! Can the price see 1 dollar again? We have to wait and see! Currently, with the pump that was created, the price created a big FVG , and if the price stabilizes below 0.8150, there is a high probability of correcting and filling this void ! To buy again, the area of 0.4650 to 0.50 is recommended! The important and attractive liquidity pool of the price is in the range of 1.033, which probably in the medium term, the bearers will move in this direction to collect liquidity!
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ArmanShabanTrading |🟢 XRP/USDT : bull or bear ? Let's See !!!The important supports of the #Ripple are 0.4140 to 0.4440 and 0.37 to 0.3920, respectively, and the second level has a higher strength, now if the first support keeps the price, We can expect growth up to 0.5090 as the first target and then 0.5850 as the second target!
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 04.27.2023
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XRP - Another 83% - 350% pump is very likely! (must see)
Another 83% pump to 1.3244 from the current price in the next few days or weeks is more than likely! Why 1.3244? It is the next strong resistance because we have there the 0.618 Fibonacci retracement from the previous major wave. Also, there is a trendline from 2018 -> 2021, which is dynamic resistance, but it's near the specified FIB level!
XRP looks very strong because bulls were able to break a falling wedge pattern and an ascending triangle pattern on the weekly chart! Together with the recent bullish news, the XRP coin surged after a judge delivered a huge win to Ripple in the SEC case.
If the bulls are able to break the 1.3244 level, then the next resistance I see is the previous all-time high from 2018, which is at 3.2834. But make sure to sell your XRP here, because it's probably not going to break on the first touch. And a 50% or 70% crash from this level is very possible!
The market cap of XRP is $38,028,893,068 compared to ETH $232,527,075,117 and BTC $589,643,779,223. The market cap of XRP is pretty big already, so there is not too much room for some crazy 100x profit. Make sure you understand it if you are a hodler and expecting moon gains. 350% to reach the previous all-time high is definitely possible in the medium term.
What do you think about XRP? Let me know in the comment section right now!
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I share my trades transparently and post trade setups privately.
XRP pumped from 0.49 to 0.92 and made a 100% profit in a single day. It was rejected by the 0.618 LOG FIB and the middle of the previous triangle from 2021. Now the price is around 0.72, which is a pretty good pullback to buy XRP.
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Can XRP reach $35+The top chart shows XRP market cap whereas the bottom chart shows XRP/USDT.
According to the trend analysis of XRP market cap, its highly likely that the peak will be somewhere around $1.3 TRILLION if flippening happens (overtaking BTC as the biggest crypto by market cap at the peak of the cycle).
Last flippening happened during 1st Jan 2018 when XRP became Rank 1 by market cap.
$35 derived from the percentage gain of the market cap sounds hypothetical because billions of XRPs are being released from escrow account to increase the supply, which is controlled by consensus.
In such scenarios the best possible thing to do is to observe the market cap.
Once market cap reaches $1.3 Trillion or 1.618 blue line of the fib channel, you can exit.
These are just my views on XRP token.
In the above statements, the term "market cap" refers to XRP market cap only.
Do your own due diligence before taking any action.
What is your target on XRP?
Do share your views as well.
Peace!!
XRP, Double Z Z ?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
XRP updated from other posting locations.
Got the break above .7318 level.
Came back and held for a flip on smaller TF.
0.7318 is the ideal level to hold atm.
0.7836 is the next level to beat.
But, getting into an #Elliottwave Wave X MLT.
If 0.7318 breaks hard, could head lower.
Cheers!
#XRPArmy
XRP to rebound from this level?XRP’s HTF was bearish and could set a pullback retest on the key price zone of $0.407 - $0.434. The zone was key resistance in late November/ early Q1 2023 but was flipped to support in Q2 2023.
If the zone doesn’t crack, a positive price reaction could offer a long opportunity, targeting the bearish OB and a recent lower high of $0.527.
Entry: $0.434
Target: $0.527
Exit: $0.407
RR- 3:3
XRPUSDT on hourly support, likely to head to 0.77-0.79The price has come back to our previous entry for long trade which is also an hourly support. This support is likely to provide a bounce which can allow for a long trade here. The price is likely to bounce to at least 4h resistance zone 0.77-0.79. Lets target that.