#XRP ascending triangle?📊#XRP ascending triangle?
🧠From a structural perspective, we are currently in a complex consolidation phase between the stage resistance zone and the neckline support zone. Only if we successfully break through the inflection point can we build a long structure to continue the upward trend.
➡️From a graphical perspective, there is a chance to form an ascending triangle here. Breaking through the inflection point will be seen as an upward breakthrough, and the probability of continued rise will increase. If it falls below the long defense point, a short structure will appear, and there will be a possibility of a pullback.
➡️No matter how the market develops in the end, we just need to try it with risk management.
Let's see 👀
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BITGET:XRPUSDT.P
XRPUSDTPERP
Can #XRP challenge the historical high📊Can #XRP challenge the historical high❓
🧠After 875 days of sideways trading at the bottom, we finally ushered in an explosive rise. From a structural point of view, after we broke through the weekly level neckline, the bullish structure was established. The ideal target of this structure is near the historical high, so we have the possibility to challenge the historical high.
Let's see👀
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BITGET:XRPUSDT.P
XRPUSDT: 1,700 Days of Accumulation Over! XRPUSDT Technical analysis update
XRPUSDT price has been trading within the longest triangle formation for the past 1,700 days. This week, which can be considered a 1,700-day accumulation phase, the price broke out of the triangle resistance on the weekly chart, . A strong bullish move is expected in the coming months, supported by a rise in volume on the weekly chart. Additionally, the price is trading above the 100 and 200 EMAs, which is considered bullish for XRP.
Regards
Hexa
XRPUSDT Breakout Alert! After 3 Years of Consolidation!BINANCE:XRPUSDT is currently breaking out of a long-term consolidation box after nearly three years of sideways movement. This breakout from key resistance levels signals a potential uptrend that traders have been eagerly anticipating. The recent price action, combined with increasing volume, suggests a strong bullish momentum that could drive prices higher.
BINANCE:XRPUSDT Currently trading at $0.69
Buy level: Above $0.67
Stop loss: Below $0.49
Max Leverage 3x
Always keep Stop loss
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The key is whether the price can be maintained above 0.6810
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(XRPUSDT 1W chart)
The point to watch is whether it can break out of the box section and start an upward trend.
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(1M chart)
If the price is maintained above 0.6810, it is significant because it has succeeded in breaking through the upper point of the box of the HA-Low indicator on the 1M chart.
In other words, it means that it has broken out of the bottom section from a long-term perspective.
Therefore, the key is whether the price can be maintained above 0.6810.
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(1D chart)
It has risen above the Fibonacci ratio 0.5 (0.7144) that was the target point.
Accordingly, if it receives support near 0.7384 and rises, it is expected to rise to around 0.618 (0.8121).
As I mentioned earlier, if it falls below 0.6810, it is highly likely to enter the box section again in the long term, so you should consider it as a stop loss point and think about a response plan for it.
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The maximum rise point is expected to be around 1.0409.
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It seems that there is an issue related to the ETF of XRP and SOL.
If the ETF issue is over, there is a high possibility of price adjustment, so you should also think about a response plan for it.
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Have a good time.
Thank you.
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- Big picture
It is expected that the real uptrend will start after rising above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are the points where resistance is likely to be encountered in the future. We need to see if we can break through these points.
We need to see the movement when we touch this section because I think we can create a new trend in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start by creating a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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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.
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Thank you
#PEACE
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.
Regards
Hexa
#XRP/USDT#XRP
The price is moving in a descending channel on the 12-hour frame and is sticking to it very well and is expected to break it upwards
We have a bounce from a major support area in green at 0.5250
We have a downtrend on the RSI indicator that was broken upwards which supports the rise
We have a trend to stabilize above the 100 moving average which supports the rise
Entry price 0.5770
First target 0.6394
Second target 0.6747
Third target 0.7267
XRPUSDT Bullish Channel!XRPUSDT technical analysis update
XRP has been trading within a descending channel for the past 400 days. The price is now approaching the channel's resistance line, and if a breakout occurs, a strong bullish move in XRP can be expected.
A good entry point would be after the breakout is confirmed on the daily chart.
Regards
Hexa
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 .
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
XRP Update: Waiting Game Between $0.47 and $0.56!
XRPUSD is neutral int he daily chart and as long as it is trading between $0.4722 and $0.5603, XRP will lack the momentum.
A bullish break-out of $0.56 will lead to $0.6642, a very important levels in different timeframes.
If Bitcoin will decline, XRP has a potential to revisit $0.4722, the daily support zone.
Below $0.4722 zone, XRP is the bearish.
Ripple XRP price. Global view of the chart on weekly timeframe😱If you believe in fairy tales that CRYPTOCAP:XRP can be worth $10 , then please prepare your psyche for the reality that #XRPUSDT has every chance of dropping to $0.20
Now, after a cold shower, let's take a look at the chart.
According to the wave analysis, there is no final answer yet: has the bottom of wave -2- already been reached or is it still ahead?
👉 If the #XRPUSD price can't be pushed below $0.40-0.45 in the coming weeks, then there will be a ray of hope that the "bottom has already been there". This will mean that the price may eventually start to grow by blue scenario.
👉 If no one "holds" the price of #Ripple, then "hello" $0.20-0.21. If you buy XRP there, you will be officially initiated into the sect of "$10=XRP witnesses" founded by desperadoes people in 2017.
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XRP BIG MOVE EXPECTED XRP is poised for a significant move on a higher timeframe , The breakout of a triangle pattern has already been confirmed, with the price currently retesting the breakout zone. If the breakout sustains, a substantial bullish rally towards $1 is anticipated. It's important to note that this information is not financial advice, so it's essential to conduct your research (DYOR) before making any investment decisions.
XRP bouncing from weekly support, may head to 0.8-0.9The price has found support at weekly support WS1 and has bounce from there. I think the price will target the weekly resistance WR1 as its next goal. The resistance next to WR1 is a monthly resistance MR1 around 0.8-0.9. MR1 will be a significant resistance level in case price reaches there and will cause a substantial pullback.
Do you believe the x2 growth of the Ripple XRP price ?The XRPUSDT trading pair is very specific, it moves as it wants and when it wants, regardless of the market trend.
The abnormally large issue of 100 billion coins, half of which are currently in circulation, makes XRP "clumsy".
But this does not prevent XRP from having a large caste of fans who believe that "soon" the price of XRPUSDT will reach $10, although they have believed in this since 2017 and may have been holding it since then ;)
Miracles rarely happen in the world, but perhaps the XRPUSDT price is again preparing for a rapid x2 growth to the $1 area ?)
What do you think? It was really good in the summer, can they do it again?