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Ripple Is Breaking Bullish TriangleWe talked about Ripple with ticker XRPUSD back on September 12, where we mentioned and highlighted that a larger bullish triangle pattern in wave IV is coming to an end that we may see a bullish breakout for wave V. As you can see today on November 15th, XRPUSD is breaking out of a larger bullish wave IV triangle pattern, which means that wave V can be already underway, especially if breaks 0.95 bullish confirmation level, just watch out on short-term pullbacks. The reason why Ripple could extend higher is the upcoming launch of Ripple USD (RLUSD). Ripple USD (RLUSD) is a new stablecoin aimed at bridging blockchain and traditional finance. Designed for enterprise use, RLUSD focuses on stability, efficiency, and transparency, enhancing Ripple’s cross-border payments and meeting the demand for USD transactions.
BITSTAMP:XRPUSDLong
by ew-forecast
XRPUSD Ripple vs SEC and Technical Analysis Weekly **Fundamental Description: XRP and SEC Lawsuit Update** The ongoing SEC lawsuit against XRP has taken a significant turn as legal developments appear to favor Ripple. Adding to the optimism, there is speculation that if Donald Trump returns to office, SEC Chair Gary Gensler may face dismissal. This potential leadership change could bring a more crypto-friendly approach to regulatory policies, further boosting sentiment around XRP. Such developments, combined with Ripple’s growing use cases, strengthen the market’s confidence in XRP's long-term potential. **Technical Analysis: XRP Price Action** On the weekly chart, XRP has successfully passed the 0.786 Fibonacci retracement level from its all-time high, a notable bullish signal. However, the price is now testing the resistance at the July 2023 high. With two critical resistance levels in play, it’s prudent to wait for the weekly close to see how the price reacts. A clear breakout above these resistances could signal further upside, while rejection might indicate a period of consolidation. Patience is key as the market seeks direction.
BITSTAMP:XRPUSDLong
by vagada
$XRP Historic Breakout IncomingIn all the years I've been trading cryptocurrency, I've never encountered a bull flag that has been forming for a full seven years. Such a phenomenon is virtually unprecedented and could herald one of the most monumental and historically significant breakouts in the crypto market. We may be standing on the threshold of an event that will not only attract the attention of the entire financial world, but may also set an entirely new development vector for the entire crypto industry. This pattern is already starting to break through, this could be the moment that changes everything, opening a new era in the world of digital assets.
KRAKEN:XRPUSDLong
by horbanbrothers
Xrp - This Triangle Wil Double Your Money!Xrp ( BITSTAMP:XRPUSD ) is retesting a major confluence of support: Click chart above to see the detailed analysis👆🏻 For a couple of years now, Xrp has been trading in a bullish symmetrical triangle pattern. As we are speaking, Xrp is retesting the lower support trendline and also a horizontal support level. It is quite likely, that we will eventually see a breakout above both triangle patterns on Xrp. Levels to watch: $0.5, $0.6, $1.0 Keep your long term vision, Philip (BasicTrading)
BITSTAMP:XRPUSDLong
by basictradingtv
10
XRP weekly breakout - monster upside ahead?!The XRP weekly chart staged a crazy upward breakout through a longstanding triangle formation. The price exploded above the 200 week moving average, and now we can realistically start thinking about the height of that triangle formation to project price targets. $3.00 looks a likely target using this sort of projection, and is conservatively well below the all time high around $3.8. Technically we now keenly await a golden cross on the weekly as confirmation of a bullish trend. The best thing about betting on a coin like XRP is its deep liquidity. XRP is not nearly as speculative as the GOATs (meme coin) of the world, yet ships with massive upside potential.
BINANCE:XRPUSDLong
by quickshiftinn
5
The Calm Before the Breakout: XRP’s Next Move The chart for XRPUSD shows several bullish signals, pointing towards a potential breakout. The price is currently trading above the EMA Ribbon, a clear sign of sustained bullish momentum. Although the TSI (True Strength Index) had been in a downtrend, it has now crossed above the zero line, signaling a shift in momentum. Historically, similar TSI crossovers while the price is above the Ribbon have led to significant upward moves. The price recently rejected the 0.9200 resistance level but has been consistently forming higher lows, indicating growing bullish pressure. Additionally, despite the last bearish signal from the Signal Builder, the price quickly rebounded, showing strong resilience. With the ascending wedge pattern in play, a breakout above 0.9200 seems imminent. The next major target lies at 4.2800, based on weekly Fibonacci projections and historical resistance levels. 👨🏻‍💻💭 What’s your take on XRP’s potential? Could we be gearing up for a massive rally? Let’s discuss! _________________________________________________________________ The information and publications within the 3Commas TradingView account are not meant to be and do not constitute financial, investment, trading, or other types of advice or recommendations supplied or endorsed by 3Commas and any of the parties acting on behalf of 3Commas, including its employees, contractors, ambassadors, etc.
CRYPTO:XRPUSDLong
by 3Commas
2
XRP is showing promising signs of a breakoutXRP/USD – Weekly Chart XRP is showing promising signs of a breakout. After consolidating for a while, the price is approaching a key resistance level at $0.75. A break above this level could signal a strong upward move, with the first target at $1.293. The overall trend is supported by rising indicators, and a sustained pump could follow once we clear $0.75. Support lies around $0.29, but bullish momentum looks likely to build in the near term. Keep an eye on how the price reacts at this resistance zone for further confirmation. #XRP #Ripple #Crypto #TechnicalAnalysis #Breakout
BITSTAMP:XRPUSDLong
by profitoptionnew
2
XRP breakout!After consolidating for four months, XRP has successfully broken through the 0.625 level, indicating renewed bullish momentum. However, it is currently facing resistance around the 0.73 mark, which may act as a barrier in the near term. We anticipate that the market could pull back slightly to retest support, followed by a period of sideways movement as it gathers momentum for the next potential upward surge. Should the price fall below the 0.60 level, however, this bullish setup would no longer be viable, and further downside could be expected.
BINANCE:XRPUSDLong
by EL_STOCKTROOPER
Ripple (XRP)Ripple needs no introduction, an open-source, permissionless and decentralized technology which offer low-cost, speed, scalability and inherently green attributes as well as featuring the first decentralized exchange. Also, Ripple news about legal battle with the SEC increased its popularity; although, the final outcome of these courts battle can determine its long-term direction. Anyway, it can be seen from the chart that XRP loves to make big triangle-shaped pattern, mostly descending ones. And after each ones, XRP's price soared. XRP also broke its last descending triangle pattern and went upward, albeit a little. But it seems for the XRP to soar, we need to wait for the legal battle results. Let's see what happens.
BINANCE:XRPUSDLong
by SaeedSalehinia
1