XRPUSDT Breaking Channel PatternXRPUSDT technical analysis update
XRP's price is breaking out of a descending channel pattern after 450 days of formation. If the daily candle closes above the channel resistance, we can expect a strong bullish move in XRP. and price trading above 100 and 200 EMA.
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XRP/USD - Bullish Opportunity AheadKey Support Area and Harmonic Pattern Formation:
XRP/USDT is currently hovering around a crucial support zone, bolstered by the formation of an XABCD harmonic pattern. This pattern, coupled with the significant support level, suggests a potential reversal in the near term. Additionally, this area coincides with the 4-hour trendline, adding further confluence to our analysis.
Entry Strategy:
A prudent entry point for long positions presents itself near 0.5944, aligning with the identified support area and the harmonic pattern formation. This strategic entry aims to capitalize on the anticipated bullish momentum.
Risk Management:
A well-defined stop-loss order should be placed near 0.5590 to mitigate potential losses. This level serves as a critical threshold, protecting against adverse price movements and invalidation of the trade setup.
Profit Targets:
Upon entry, traders may consider the following profit targets:
- TP-1: 0.6335
- TP-2: 0.6720
- TP-3: 0.7100
These targets are strategically chosen based on key resistance levels and Fibonacci extensions, aiming to capture potential upward price movements while optimizing risk-to-reward ratios.
Conclusion:
In summary, the technical analysis for XRP/USDT suggests a favorable opportunity for a bullish move, supported by the convergence of key factors including the harmonic pattern formation, significant support level, and alignment with the 4-hour trendline. By adhering to proper risk management principles and profit-taking strategies, traders can position themselves to capitalize on the anticipated uptrend.
Disclaimer:
This analysis is for informational purposes only and should not be construed as financial advice. Trading in the forex market carries inherent risks, and traders should conduct their research and exercise caution before making investment decisions.
#XRPUSDTDear Traders,
As with other crypto pairs we have strong belief that XRPUSDT will be bullish in coming days and therefore it would be right time to invest in it. XRPUSDT is one of the stable crypto coin when it comes to stability of the crypto assets.
Enter at the current price or wait for price to drop a little and then enter accordingly to your risk management and trading plan. If you have any questions please comment down in the comment section.
Goodluck and trade safe.
The familiar "U-shape" begins on XRPUSDT ??Following my previous idea post on XRPUSDT, the 4 hour candle has broken out of the fibs zone and day trendline.
A close above the 4 hour dotted line resistance with resistance form signals a strong indicator that XRP might trend upwards till at least the ,7 levels.
This move mimicks a familiar "U-shape" chart pattern that can be seen on the like of Gold, as well as major crypto coins
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!
XRPUSDT: TIME FOR BULLS TO TAKE OVER!Dear Traders,
XRPUSDT prices have potentials to reverse from current price action, it will a great opportunity to hold buy positions on this crypto. After analysing the chart it showed us that priced first accumulated and ‘accumulation phase’ have just finished. Price have retested the liquidity voided area.
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.
XRPUSDT aiming for daily and weekly resistanceThe price is being held by weekly resistance and has been rejected multiple times from there. Currently it is trading between the weekly support and weekly resistance and to be precise between daily support and daily resistance. After getting rejected from weekly resistance, it came back close to weekly support and now heading towards the daily resistance. Looking at the chart, it seems likely that the price is aiming towards daily resistance and may further target the weekly resistance again. But I think hitting the daily resistance is looking more favorable at the moment.
XRPUSDT-Bullish Momentum to continue Traders, XRPUSDT, likewise other crypto pairs that we have shared those setups are spot on, and right time entries but this one we missed out on, however, if we are correct then we will have next possible area to get into action so that we do not misses out on this crypto pair too.
Like and comment, that will helps send you the best ideas in future.
#XRP: looks good to accumulate!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
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I have tried my best to bring the best possible outcome to this chart, Do not consider it as financial advice.
#XRP long-term exclusive update
XRP is trading in this big channel and currently, looks like it is on strong support we can accumulate XRP in this range of $0.3 to $0.325
never before XRP has gone in the oversold range
If it breaks this lower support then the chart will be invalided.
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
#XRP/USDT UPDATE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider it as financial advice.
XRPis forming this symmetrical triangle pattern but confirmation let’s wait for a sustain break down or breakout will confirm the next move of the XRP.
Looks good to long at CMP and we add more up to $0.3175
Sl-$0.3
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
XRP/USDT HAS POTENTIAL TO PUMP 70%!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
LONG #XRP is about to break out this symmetrical triangle pattern.
ENTRY: $0.7 to $0.71
SELL- 50% to 70%
LEVERAGE: 5X
STOP LOSS: $0.65
This chart is likely to help you in making better trade decisions, if it did consider upvoting this chart.
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XRP/USDT TRADE SETUP! READY TO PUMP 50% FROM HERE!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
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Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as an
#XRP breaks out this symmetrical triangle pattern now it is coming to retest the support level.
ENTRY- $0.75 - $0.743
TARGET- 50%
SL- If it breaks and closes below the upper support level of this symmetrical triangle pattern.
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
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Thank you
XRP/USDT 4 HOURS UPDATE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
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I have tried my best to bring the best possible outcome in this chart, Do not consider it as an
XRP is making this ascending triangle pattern now it is lying on the support of $0.74 level.
First scenario: In this scenario, we have a higher chance that ETH can Bounce from here up to %0.77 level.
Second scenario: If BTC breaks this $0.74 level then we have this downer support Level of this ascending Triangle.
Let's see how the market reacts in a few hours.
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
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XRPUSDT 1 HOURS ANALYSIS Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as an
XRP/USDT LONG
Entry: CMP add more above 0.72
Targets- $.7310 - $0.743- $0.75- $0.763 - $0.777 - 79
LEVERAGE-5X - 10X
Stop Loss: $0.71
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
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XRPUSDT Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL.
ENTRY PRICE BLACK COLOR
MOST PROBABLE SCENARIOS TARGETS GREEN COLOR
LEAST PROBABLE SCENARIOS TARGETS RED COLOR
TARGETS ARE NOT EXACT NUMBERS THEY ARE MORE LIKE A ZONE.
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN
💡Don't miss the great buy opportunity in XRPUSD @RippleTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.1073).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XRPUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 76.
Take Profits:
TP1= @ 1.2090
TP2= @ 1.3175
TP3= @ 1.4156
TP4= @ 1.5323
TP5= @ 1.7068
SL= Break below S2
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ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in XRPUSD @RippleTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.1073).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XRPUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 76.
Take Profits:
TP1= @ 1.2090
TP2= @ 1.3175
TP3= @ 1.4156
TP4= @ 1.5323
TP5= @ 1.7068
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️