XRP- Ranging for accumulation?Hello traders!
In the last time big thoughts wondering whether the crypto market has bottomed or not. Different scenarios are still in place, however we want to point out the possibility of a new cycle to the upside for XRP.
As you can see from the main chart, xrp has been ranging between the yellow zones for months, near to the POC.
For very volatile assets as cryptos, logarithmic chart can sometimes clarify the situation. Since logarithm is an increasing function, it preserve monotinicity(so if A>B, then log(A)>log(B)) and does not alter the wave structure of the market.
Here is the logarithmic chart of xrp. This chart shows an impulse followed by a bullish flag and it looks like a 1-2-i-ii Elliott Wave pattern.
We therefore believe that there is thee possibility of xrp currently ranging in accumulation before a significant move higher.
We plan to buy at the bottom of the lower bound, or in case of a breakout and retest of the upper bound of the range.
We will update below.
GMR
Xrpusdtlong
XRP/USDT :: In a descending channel, there is an upward trend !XRP/USDT :::
The probability of regrowth and failure of the channel is very low. There are two heavy resistance lines and the downward channel, but due to the excitement of the market, it is possible to continue the upward trend up to the top of the channel .
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XRPUSDT Analysis (Local Setup)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.
Entry: market and lower
Targets: 0.44 - 0.48 - 0.52
after first target reached move ur stop in breakeven
Stop: ~0.34 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 4
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.
the LAST uptrend for XRP incomingsimple as always replace others which drawing 200 indicators and do stylish designs to attract paid members to their channels..
we will have an uptrend from here or 0.29 zone
STOP LOSS : 0.26 (would not touch in my idea)
TP1: 0.37
TP2: 0.4
TP3: 0.46 ( MAX )
market will be in same situation of now in incoming months but its the last exit chance for XRP and whole crypto market.
GG
💡Don't miss the great buy opportunity in XRPUSD @RippleTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.4673).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XRPUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
Take Profits:
TP1= @ 0.5077
TP2= @ 0.5289
TP3= @ 0.5495
TP4= @ 0.5872
TP5= @ 0.6148
SL= Break below S2
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Now, It's your turn!
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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 (0.4673).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XRPUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
Take Profits:
TP1= @ 0.5077
TP2= @ 0.5289
TP3= @ 0.5495
TP4= @ 0.5872
TP5= @ 0.6148
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 ❤️
XRPUSDT Elliott Waves Analysis (Local Vision)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.
Entry: market and lower
Target: 0.6 and ~0.7
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 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.
XRP - ForcastingXRP has a unique price action habit, after a big pump occurs, it will be followed by a big dump, the average previous correction is at the 0.78 fibo area if we use the same pattern it will look like forcasting, where the bottom area will be an opportunity long, is at 0.4890 - 0.4950, with potential RR 1:8
📈✌XRP will jump to 1$ after the court result?✌📉BINANCE:XRPUSDT
BITFINEX:XRPUSD
BITSTAMP:XRPUSD
First, please take a look at my previous analysis and positions.
As the outcome of the Ripple court is approaching, there is a possibility that the price will jump to higher peaks.
The current level of the price is near the middle line of the long-term price-channel, which in case of more pressure from the sellers, the price can fall to the levels below the second yellow area.
Of course, I foresee a bullish scenario!!!
between now and the yellow areas, you can open a long position in two steps.
If the price rises and reaches the yellow line, you can risk-free the position.
TP1-2 are on the chart.
The optimum stop-loss is below the second yellow area.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌
XRP | Price may rise more...Bullish volume is still highXRP | Price may rise more...Bullish volume is still high
During the previous analysis, the price was above the small structure
and as we can see after the price developed more now it is above the second structure
that I was looking at.
Price is increased nearly +75% from the bottom where I shared the previous analysis and
it keeps rising very well.
On the 4-hour chart, we can see a type of triangle pattern. After the price will bounce above
the small pattern should increase further.
Targets:
🎯 0.59567
🎯 0.70017
🎯 0.88119
Thank you and Good Luck!
Previous Analysis:
Previous Analysis:
#XRP/USDT 1DAY UPDATE BY CRYPTOSANDERS !Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
Ripple (XRP) UPDATE:-
Ripple has been one of the strongest performers in a market that has otherwise seen only red in the past week. With an increase of 54% in the last seven days, XRP is back in the spotlight, fueling rumors of what could have caused this surge.
This most recent rally came to a halt when the price hit the resistance at $0.55. XRP is taking a break after such a significant move and consolidates under this crucial resistance. The support is found at $0.44 and may not be tested if buyers remain interested.
This move from XRP has surprised the market, considering BTC and ETH have made lower lows this past week. The biggest question is if buyers will manage to sustain this rally and protect these most recent gains. XRP is known for its sharp increases in price, only to be followed by a gradual correction back to previous price levels.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you