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Xrpusdttechnicalanalysis

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.
BITSTAMP:XRPUSDLong
by CRYPTOMOJO_TA
2
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.
Long
by lesnermj
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!
Long
by lesnermj
2
#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
XRP/USDT: Profitable Swing Trade PotentialThe current price level of XRP/USDT has caught my attention, and I believe it presents a conservative entry point for a swing trade that could be profitable. Let's analyze the daily chart, where the RSI indicates oversold conditions and the MACD indicator is on the verge of a bullish crossover. But that's not all! Another significant development has unfolded: XRP has established a strong support level near the 0.618 Fibonacci Retracement. This measurement encompasses the price movement from March 13, where it reached a low of $0.34, to the high of $0.59 on March 29. Despite my reservations and aversion towards XRP, I must acknowledge that the compelling factors cannot be ignored. The enticing buying signal that is emerging has the potential to result in a profitable and conservative swing trade.
Long
by joerivdpol
2
Ripple XRP price ready to change the trend to growthThe name of the idea speaks for itself. To see the global trend channel of the falling price of XRPUSDT, we invite you to take a look at this idea 👇, because today the analysis will be on less timeframe. The main achievement of XRP can be considered that the price did not update the lows that were set in June 2022. It's hard to pronounce it, but: buyers of XRPUSD showed more strength than buyers of BTCUSDT, who allowed the price to update the lows of 2022.) This means that the time has come for the realization of the strength of buyers. We see this in the form of the future growth of the Ripple price along the following route: Growth impulse - consolidation under $0.50 - growth impulse - breakout of the trend line - reaching the local target of $0.60 - $0.65 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
Long
by P_S_trade
22