XRP 🌧️ In One Week? Cloudy weather with some sun lies ahead for the overall global crypto market in the next 24 hours. This translates into a slightly bearish market with downside risk. However, Ether trades in sunnier conditions, indicating potential upside. ☀️
Over a one-week horizon, the forecast is mixed with sunny trading conditions ☀️ for both major cryptocurrencies – Bitcoin and Ether, as well as Binance. Other altcoins such as XRP, Litecoin, and Cardano face 🌧️ rainy if not stormy trading conditions, signaling a bear market with a possible downward trend.
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XRPUSDT
HelenP. I Ripple can break resistance level and then make retestHi folks today I'm prepared for you Ripple analytics. Some days ago price declined to the 0.4865 support level, which coincide with the support zone, and even declined more to 0.4595 points, but at once rebounded and started to rise inside the upward channel. Inisde channel, the price rose back, higher of 0.4865 level, and then made a correction, after which the price continued to move up to next level. When Ripple reached the 0.5240 resistance level, it rebounded down to the support line of the channel, but then the price at once bounced and made impulse up higher of this level with the resistance zone, but in a short time declined below 0.5240 level, thereby making a fake breakout. Later Ripple tried to back up, but now it trades very close to the resistance level and I expect that Ripple can break this level, make a retest, and then continue to move up to the resistance line of the upward channel. Therefore I set up my target at the 0.5540 level, which coincides with this line. If you like my analytics you may support me with your like/comment ❤️
XRP is not out of the woodsAbout two weeks ago, we warned XRP would likely test its support near $0.43. However, this has not been the case so far, and XRP moved from around $0.48 to $0.52. Despite this upward movement, we believe the retest is still due to happen. In fact, we would not be surprised to see XRP continue lower than that, being dragged by the rest of the cryptocurrency market. To reassess our view (or even abandon it), we want XRP to break above $0.54 and broader strength in the crypto market. We will update our thoughts with the emergence of new developments.
Illustration 1.01
Illustration 1.01 displays the daily chart of XRP and simple support/resistance levels derived from peaks and troughs.
Technical analysis
Daily time frame = Slightly bearish
Weekly time frame = Slightly bearish
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
XRP/USDT ascending channel bullish move ? 🚀XRP today analysi💎 Heads Up, Paradisers! Brace yourselves for an exhilarating opportunity with XRPUSDT! We’ve spotted it navigating through an ascending channel, gearing up for a potential bullish advancement.
💎 In the past, we’ve noticed it maneuvering through a descending channel, whose breakout triggered a notable downward shift. It seems like this asset is scripting a similar narrative, oscillating between ascending and descending channels.
💎 Another key observation is the transformation of vrvp into a support mechanism for XRP, exhibiting substantial volume. This implies that a bullish stride is on the horizon, and a breach of support could precipitate a 4.46% downward trajectory.
💎 For those strategizing a trade, remember to set an appropriate stop loss and proceed with caution and wisdom!
Stay vigilant and let’s navigate through the crypto waves with precision and insight!🌴
XRP → A head and shoulders patternhello everyone...
as you can see xrp formed a long shadow and bar candle, and in the middle of it formed a head and shoulders pattern that is slope!
the neckline breakout and you can get a long position!
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XRP/USDT 1DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this XRP/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- XRP, formerly Ripple, was one of today’s biggest movers, climbing by as much as 5% earlier in the day.
Following a low of 0.5036 yesterday, XRP/USD raced to a peak of 0.5455 during Friday’s session.
This resulted in the token hitting its highest point since August 29, which is the last time the price hit a ceiling of 0.5490.
it appears that the move came as the 14-day relative strength index (RSI) rose beyond a ceiling of its own at 56.00.
the index is tracking at 58.67, with the next visible point of support near the 60.00 mark.
In the event the 60.00 ceiling is broken, there is a good chance that XRP will climb beyond 0.5500.
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
XRP Might Break Above - But It Doesn't Look GreatXRP is an interesting asset to watch, following it's crazy pump back in July of this year.
XRP's price has been relentlessly swatted down from a Fair Value Gap Zone between $0.5371 and $0.5578. This Fair Value Gap was created all the way back in May of 2022 during the market-wide selloff.
We can see very cleary that everytime XRP's price comes up into that zone, it gets rejected. With the only exception being the lawsuit pump when news broke that Ripple Labs had secured a "sort-of" victory against the SEC in their ongoing legal battle.
Although I'm feeling bullish on ETH and BTC, XRP is a wild card.
We just wicked up into that FVG Zone again, and are currently rejecting. Normally, I would immediately enter into a short however this time I'm going to wait for confirmation in the form of a bearish candle moving away. Once that occurs, I will short targeting our Demand Zone all the way down around $0.30.
Re-evaluate and flip bias if price is able to continue moving up and through the FVG Zone.
RIPPLE - Price can make correction to $0.5155 levelHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
Recently price bounced from resistance line of wedge to support area, which coincide with $0.4930 support level.
Then it tried to rise but failed and fell to support line of wedge, where Ripple at once bounced and started to rise.
Price rose to resistance line, thereby breaking $0.5155 level, which coincided with resistance area, but soon it declined below.
Also, Ripple entered to flat, where it first fell to support level and then bounced up to top part of flat.
And recently price made strong upward impulse, thereby breaking resistance level and exiting of flat too.
Now I think that Ripple, after upward impulse can make correction to $0.5155 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
XRPUSDTXRPUSDT was trading in descending parallel channel and recently it seems like the sellers are bit exhausted now and bulls took the charge and now has given the breakout from descending channel.
Currently the price is forming a local support around 0.5070 region.
Will the bulls take charge again continue for leg higher?
What you guys think of this idea?
Ripple can break support line and then fall to 0.4865 levelHello traders, I want share with you my opinion about Ripple. Observing the chart, we can see that the price a few time ago rebounded down from the resistance line of the triangle, which coincided with the seller zone and fell to the support line. Next, Ripple started to rise from this line, which coincided with the 0.4865 support level and rose to the resistance line, where soon bounced and fell back to the support line. In a short time price made a strong impulse down to the support line, thereby exiting from the triangle and breaking the support level, which coincides with the buyer zone. After this movement, Ripple bounced up from the support line and rose back to the 0.4865 support level, broke it, and later made a retest. Then price made an impulse up to the resistance line, which is located in the seller zone, thereby breaking the 0.5185 resistance level and after Ripple reached this line, it started to decline. A few moments ago Ripple declined to support line, where recently price rebounded up and started to trade near the support line. In my mind price can reach the resistance line and then rebound down to the support level, thereby breaking the support line. That's why I set my target at the 0.4865 level. Please share this idea with your friends and click Boost 🚀
XRPUSDT, downward trend to 0.46Hi friends. I think its a hot idea🔥, because we have strong depression of open interest on a Ripple market now. Bulls closing they positions and new bears come to trending party) All this analysis thanks to X-Volume and X-lines indicators. Follow me and have a good trends.
XRP Daily count Elliott waveXRP expecting to continue to the upside. Wave (iv) may have ended at 0.6686 if so I expect an ascent over the coming sessions to suggest an impulse upper is wave (v). Target 1.03 - 1.12 zone
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Future updates will be posted as updates to this count.
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XRPUSDT Trade ZonesAs per previous chart history and my latest analysis of RIPPLE (XRP), there are three Zones is being seen to buy and sell XRPUSDT crypto pair.
Buy Zone 1
0.4857 to 0.4788
Buy Zone 2
0.4939 to 0.4877
Buy Zone 3
0.5036 to 0.4990
Sell Zone 1
0.5036 to 0.4990
Sell Zone 2
0.5036 to 0.4990