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Xrpusdtidea

XRP/USDT Weekly Breakout – Potential 200% Upside!XRP/USDT is on the verge of breaking out from a long-term descending triangle pattern on the weekly timeframe. The price is currently hovering near the critical resistance zone. A confirmed breakout could set the stage for substantial bullish momentum. Entry Strategy: - Entry: Upon a clean breakout, close above the 0.6270 level, confirming the move beyond the descending resistance line, to accumulate $.55 to .62 is a good range! Stop Loss (SL): - Stop Loss: Set below the support level at 0.4820, in case the breakout fails and bearish momentum takes over. Take Profit (TP) Targets: - Target 1 (TP1): 0.9380 – A retest of the local high from April 2022. This target offers a 50% potential upside. - Target 2 (TP2): 2.0059 – The major resistance level and key psychological zone. This gives a possible 200% gain from the breakout entry. This is not financial advice, Always do your research. Do show your support and hit that like button. If you have any questions/requests you can comment, and I'll read you. :) Thank you #PEACE
Long
by Cryptorphic
XRPUSDT ( UNDER DOWNWARD ORESSURE ) ( 4H )XRPUSDT HELLO TRADERS Tendency , the price is under bearish pressure , until trading below turning level . TURNING LEVEL : the price of turning level around 0.60 , so if the price breaking this level reach a first resistance level , as long as BINANCE:XRPUSDT price breaking this level reach a first resistance level . RESISTANCE LEVEL (1) : this level around 0.63, for reach this resistance the price it will be breaking turning level . RESISTANCE LEVEL (2) : around 0.66 , for reach this level it will be breaking by open 4h candle above resistance level (1) SUPPORT LEVEL (1) : this level around 0.57 , for reach this support level the price need stabilizing below a turning level . SUPPORT LEVEL (2) : support level at 0.54 , for reach this level the price will be breaking by open 1h or 4h candle below support level (1) . CORRECTIVE : the price may be corrective turning level at 0.60 , before drooping . TARGET LEVEL : RESISTANCE LEVEL :0.63 , 0.67 . SUPPORT LEVEL : 0.57 ,0.54 .
Short
by ArinaKarayi
XRPUSDT ( UNDER LONG PRESSURE ) ( 4H ) XRPUSDT HELLO TRADERS Tendency active bullish after the price stabilizing a turning level around 0.41 . TURNING LEVEL : a blue line between resistance and support level around 0.041, indicates if the price stabilizing above this level reach resistance level , if the breaking turning level reach a support level . RESISTANCE LEVEL : there is a green line around 0.45 , indicates selling have already increase this level , so if the price stable turning level reach this level . SUPPORT LEVEL : there is a red line below turning level around 0.38 , indicates buying have already increase this level , so if the price breaking turning level reach this level . PRICE MOVEMENT : maybe first the price will trying to dropping turning level around 0.41, after rising to the resistance level around 0.45 , then stable above this level and breaking a gap easily to reach at 0.47 , if the price breaking turning level reach a support level at 0.38 , then stable by open 4h candle below this level reach a 0.37 TARGET LEVEL : RESISTANCE LEVEL : 0.45 , 0.46 ( gap ) , 0.47 SUPPORT LEVEL : 0.38 , 0.37
Long
by ArinaKarayi
XRPUSDT ( BETWEEN RESISTANCE AND SUPPORT TRENDLINE ) ( 4H )XRPUSDT HELLO TRADERS Tendency the price trade below a resistance trendline , indicates the price is under bearish pressure TREND ANALYSIS : resistance trendline was strong not easy to breakout , the price trade below this line to reach a support level TURNING LEVEL : a black line around 0.46 , indicates if the price stabilizing below this level reach support level , if the breaking turning level reach a resistance level RESISTANCE LEVEL : there is a green line around 0.49 , indicates selling have already increase this level , so if the price breaking above turning level reach this level SUPPORT LEVEL : there is a red line below turning level around 0.43 , indicates buying have already increase this level , so if the price stabilizing below turning level reach this level PRICE MOVEMENT : as long as the price trade below turning level at 0.46 , reach a support level at 0.44 , then stable below this level reach a 0.43 , if the price breaking turning level reach a resistance level at o.48 , then stable above this level touch a 0.49 CORRECTIVE LEVEL : the price corrective turning level at 0.46 , before dropping TARGET LEVEL : RESISTANCE LEVEL : 0.47, 0.48 SUPPORT LEVEL : 0.44 , 0.43
Short
by ArinaKarayi
6
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.
BINANCE:XRPUSDLong
by trading_jupiter
XRPUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: Market and lower Targets: 0.75 and 0.8 after first target reached move ur stop to breakeven Stop: ~0.55 (depending of ur risk). ALWAYS follow ur RM . RR: 1 to 2 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions
Long
by trytofeelpositive
XRPUSDT Elliott Waves Analysis (Investment Idea)Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Main(investment) target zone: 5 - 7.5$ Cancellation of setup - consolidation under ~0.3 RR: 1 to ~30 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions
Long
by trytofeelpositive
#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.
Long
by Setupsfx_
5
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!!
CRYPTOCAP:XRPLong
by Swastik24
1
XRPUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and lower Targets: 0.58 and ~0.66 after first target reached move ur stop to breakeven Stop: ~0.415 (depending of ur risk). ALWAYS follow ur RM . RR: 1 to 3 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions
Long
by trytofeelpositive
3