XRPUSDT: READY TO PUMP AGAINHello All:
Welcome to the quick update of XRPUSDT. After consolidating for a few days, XRP pumped around 20-25% until 0.64
As of now, it is making a bull flag kind of pattern, it has broken it and retested and can pump again anytime soon at around 20%.
We can take a long entry into this fundamentally good and stable coin.
Possible entry-exit points:
Entry: 0.5821 to 0.6100
Target: 0.651, 0.672, 0.698, until 0.7800 in the long run.
STOPLOSS: 0.5700
Until then, stay tuned and trade with caution, ensuring strict STOPLOSSES!!
This is not financial advice, please do your research before investing, as we are not responsible for any of your losses or profits.
Please like, share, and comment on this idea if you liked it.
ScramblerG is always there to help and trade with caution but DYOR.
Xrpusdttechnicalanalysis
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 .
Is Ripple (XRP) back to bullish cycle? – price analysisThe bears pulled XRP below the breakout level of $0.57, but they could not sustain the lower levels. This suggests aggressive buying on dips.
The bulls will try to push the price above $0.64, setting the stage for a move to $0.67 and later $0.74. Sellers are expected to defend the $0.74 level with all their might. If the XRP/USDT pair turns down from $0.74, it will signal that the range-bound action may continue for a few more days.
The $0.57 to $0.54 zone is expected to act as a strong support on declines. A break below the zone will tilt the advantage in favor of the bears.
XRP outlook amidst SEC vs Ripple updatesRipple (XRP) reclaimed a $0.6 level, a three-month high, amid speculations of a settlement between the US Securities and Exchange Commission (SEC) and Ripple.
According to some market observers, a secret meeting between SEC and Ripple scheduled for 18th July could end the long-running legal battle between the two parties.
However, a former SEC lawyer, Marc Fagel, downplayed the SEC-Ripple settlement rumors. He noted that the agency has held several such meetings with Ripple, none of which resulted in a conclusive endgame for the ongoing lawsuit.
Still, some market participants were convinced the massive XRP pump was linked to insider news of a potential settlement or positive news.
The upswing to $0.61 on the price chart marked a +7% daily gain and effectively reversed all losses made in Q2.
On a monthly adjusted basis, XRP was up 30% in July after rallying from $0.38 to above $0.6. This performance eclipsed the rest of the market, including Bitcoin (BTC), which was up only 3% in the first half of July.
If XRP convincingly reclaimed the 38.6% Fib level ($0.61) and eyes the next bullish target at 23.6% Fib ($0.66), an extra 7% gain would be likely.
However, XRP hit a key in a bearish order block, marked in red, which aligned with the 38.6% Fib level. Additionally, the RSI (Relative Strength Index) was in the overheated territory. This meant that buying was strong, but buyer exhaustion couldn’t be ruled out.
If so, a retracement to the 50% Fib level could offer side-lined speculators another market re-entry point to ride the rally to the 23.6% Fib level.
Meanwhile, traders went long on XRP since Monday, with the futures long positions increasing from 47% to 49%. The outcome of the July 18th meeting could determine whether the rally will be sustained or not.
Ripple (XRP) explodes with 10% daily growth: what's next?The crypto markets have overcome the selling pressure generated by Mt. Gox’s BTC transfers and the German government liquidating the seized assets. As a result, the Bitcoin price underwent a nice breakout and surged above the pivotal resistance zone, confirming a rise above the bearish captivity. With this, the traders appear to have jumped into a ‘FOMO’ well, as altcoins like Ripple (XRP) have gained immense attention.
The XRP price attempts to reclaim levels above the multi-year ascending trend line, which could spark a new upswing to $1. The RSI is breaking above the descending resistance after failing to do so several times previously. Furthermore, the MACD is positioned for a bullish crossover. As a result, if the price closes the weekly trade above the trend line, it may find support in the $0.65 to 0.7 range, where bears dominate.
As a result, the next few days could be crucial for the XRP price rally, as reclaiming $1 will be dependent on the weekly close.
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
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
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 Preparing for a price jumpAt the end of the XRP analysis, you saw that we gave buy areas and from these areas, the price brought a good pump
Again, according to the correction below the LQ, we again have a great area for price jumps, which you can buy after receiving and confirming the time trigger.
This analysis will be performed with your likes
XRP is likely to rebound from the lower support of this patter!BINANCE:XRPUSDT BITSTAMP:XRPUSD CRYPTOCAP:XRP Update
XRP is currently trending within a rising channel that has been in place for over 600 days. Presently, it maintains a position above the lower support level of this channel. We anticipate a potential rebound from this lower support zone.
The area marked by the blue box represents the accumulation zone.
Resistance levels to watch include the 50-day moving average, the 0.513 level, and the 0.85 level.
To invalidate this pattern, XRP would need to break below the lower trend line of the channel.
Stay tuned for further updates as the situation develops.
XRPUSDT to $1.22 this year?2 factors drive my analysis for why I'm forecasting XRP to hit $1.22 this year.
First:
XRP ETF Speculation from Blackrock. - BlackRock CEO Larry comment on the potential for an XRP ETF on Fox Business interview “I can’t talk about that!” when asked about an XRP ETF.
This left investors and analysts parsing his words for hints of BlackRock's possible foray into XRP
2nd: Technical Analysis
2 sides of the coin for this, as seen by my bullish green price action arrow forecast and bearish red price action arrow forecast.
However, i'm leaning more towards longs, due to fundamentals where despite volatility and FUD, the overall momentum is hopeful bullish.
At the time of posting - 14Jan 4.30 SGT, XRPUSDT is on the weekly support -resist level. Previous week's candle closed bearish, however, with a long wick showing buyers strength. This week looks to be ending on a green candle. Long sell wick indicates sellers strength.
Weekly is gonna close with a sideways momemtum, as market is hesistant and bith bear and bulls are looking to see each others next move.
I however, expect week support to be respected, and pump up to week's resist after some consolidation, to retest March 22 week resist zone.
If price retest Mar 22 resist zone and forms support on 0.748, I'm expecting XRP to push all the way to 1.22.
While bullish for $1.22 target, that'll probably be pre ETH ETF, to which, a massive liquidity grab will bring XRP back to 0.5-0.8 zone.
XRP Breaking out of consolidationAll my CRYPTOCAP:XRP HODLERS.
After nearly 2 months of consolidation, XRP saw a slight pump due to XRP20 Inscriptions, that saw fresh 3-5m worth of payment transactions flowing through XRPL.
Looking back at the charts, this pushed XRP to almost retesting a strong 2 months 4 hour resistance zone.
Looking back at Aug, there was a similar duration of consolidation, before a 1.5x pump from 0.4 to 0.6.
If history repeats, we are looking at XRP hitting the 0.8-0.9 levels.
LFG!
#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.