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Xrpusdtlong

XRPUSDT Is XRP on the Brink of a Major Move?Yello, Paradisers! Are you ready to uncover the potential of #XRPUSDT's recent breakout? Let's dive in and see if this is the moment we've been waiting for. 💎#XRP has successfully broken out of its descending resistance with a strong green candle, signaling a potential bullish momentum to continue its upward move. This breakout is further confirmed by the RSI, which has also broken its resistance trendline. 💎However, the price hasn't retested yet, which means there's a probability that XRP will retest the support line at 0.4645 before continuing its upward movement towards the key resistance level at 0.567. A break above this level is required to maintain the upward momentum and reach our target area. 💎But what if XRP fails to break this resistance and faces a hard rejection? In that case, there's potential for the price to return to the support and move sideways within the support-resistance range. If XRP also breaks below the support line, it could be a bad sign, as the price might revisit the strong demand area at 0.411. 💎It's crucial for XRP to bounce when revisiting this strong demand area because it's an important level. If XRP fails to bounce and breaks the strong support at 0.411, the bullish invalidation will be confirmed, and the price will likely dip further downward. If you want to be consistently profitable, you need to be extremely patient and always wait for the best, highest probability trading opportunities. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise
2
CAN WE FINALLY START IT? XRPThis week is very important for the Ripple legal case, and some millions are moving from Ripple. Can this be a sign of an agreement with the SEC? Last year, a positive new has pumped the price of XRP to $0.9. This time, also considering the actual Bitcoin price, i think that an end at the case can teleport the XRP price to a new ATH. Personally, i am increasing my long exposure, keeping a safe stoploss below 0.25. Risk to reward (0.25 SL, 3.5 TP) is again extremely good
Long
by SaliJournal
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 MZ_FX_
XRPUSDT 1W LONG📈Hi all. Timeframe 1 week. Locally, Ripple, after declining in the downward channel, is consolidating at the support of the global upward channel. On the upcoming bull run, a fractal repetition of growth towards the channel resistance is possible. Depending on your type of trading, it is possible to recruit to spot now, with unlikely gains from green levels. Or go long on a breakdown/retest of the local channel. It should be remembered that the entry during a retest is the safest, but during a breakdown it may not be available. Marked goals and levels on the chart.
Long
by KvazarBTC
3
#XRP/USDT#XRP The pair has been moving in a falling wedge since September 2022 The price has always respected the lower and upper border of the wedge Currently, the price has begun to rise to reach the upper border of the downtrend Supported by the momentum of Moving Average 100 The selling follow is on the MACD It is expected that the downtrend will be broken, heading towards upward targets The price now is 0.6600 First target 0.7880 Second goal 1.2900 Third goal 1.7900 It has 350% of the current price Support and resistance points must be taken into account as there are possible corrections during the rise ✅Thank you, for more ideas, hit 🚀 Like❤️ and 🌟Follow🌟!
Long
by CryptoAnalystSignal
1
XRP COULD slowly creep to $1📉Hi Traders, Investors and Speculators of Charts📈 XRP is notorious for pumping and dumping, but even after BTC clocks a new ATH, XRP is still trading under $1 and exponentially far below it's previous ATH. From a macro perspective, we can clearly see the price increase - gradually, but we're stair stepping up. XRP usually dumps harder than BTC when there's a correction and the XRPBTC chart is still in prison. However, if we consider the XRPBTC chart, it is more likely that XRP will GAIN ground n BTC, instead of weakening more against BTC: Now if you've been following me for a while you will know I am no longer an XRP fan... It pains me to label this post as "long" for the lack of better options BUT, there is opportunity for the price to move towards $1 from this perspective. Unfortunately, many like myself, will look to sell at these zones which creates a heavy resistance. If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck BINANCE:XRPUSDT BITSTAMP:XRPUSD BINANCE:XRPBTC
BITSTAMP:XRPUSDLong
by Crypto-Check-
2