XRP breakout?Quick Take!
Higher lows, bullish formation, strong interest, and strong buy signal alert... XRP may be primed for a breakout. Be looking for strong upward momentum through key local resistance.
RIPPLE trade ideas
XRP path of least resistance Diamond Hands Looks like XRP held on the top of the channel line maybe this could be the trade. Even though I'm not a day trader Im holding fat bags forever!!!!!!!!!!!!
XRP to 3.30$ investors see 2.186 is a great price to generate more liquidity for uptrend which mean price rise to 3.30$ with a strong buy momentum for xrp depends on bullish market move
XRP/USA ABC Correction. Will Negate If it Breaks 2.58 and HoldsJust a Short turn Top Structure. I could have Done a 5 wave Elliot. showing it Confirming This is a short term top. But 15 min Elliot Wave count is what it is. Usually 1 hour or 2 hour is better. Also if my Wave C start Is! do not hold it will shift Structure or Negate it.
XRPUSD BUY ANALYSIS DOUBLE BOTTOM PATTERNHere on XRPUSD price has form double bottom as line 2.5041 has broken price is likely to go up more and trader should go for LONG with expect profit target of 2.8126 . Use money management
NOOB uses fib retracement for the first time and needs adviceAm i seeing it right, that the 4.236 fib retracement brings XRP to roughly $5.25 (ca. 300B MC)? That means that there is room for another 110% of growth? I´m new please tell me if this logic is flawed :)
XRP $3.00 - 25% Within HoursRipple / XRP is currently one of the coins with the most momentum. As we all know, this is very important for trend following models. As you can see, XRP holds the current trend line and repeats a pattern it already did two times within this short bullish trend. As $3 is a very important mark (and a round number too) I assume we will see a 25% move within hours (at max. a few days).
I’d love to hear your thoughts and predictions. Where do you see XRP heading in the next hours to days? Let’s discuss below!
XRP/USD: Potential Rally to a New All-Time HighXRP is showing strong bullish momentum, positioning itself for a significant rally. If today’s candle closes above the critical price level of $2.62, it could set the stage for XRP to challenge its previous all-time high of $3.31, last seen in January 2018. This price level represents a key psychological and technical barrier, and a breakout would signal the start of a new phase of price discovery.
Bullish Scenario: Toward a New All-Time High
If XRP successfully closes above $2.62, it may gain the momentum needed to push higher. A sustained rally could see XRP reaching and surpassing the $3.31 mark, establishing a new all-time high by December 25th, with a potential peak of $3.70. This scenario would provide a significant boost to market sentiment, rewarding long-term holders and reinforcing XRP's position as a top-performing asset in the crypto space.
Key Drivers for the Rally:
Increased Institutional Interest: XRP continues to benefit from growing adoption in cross-border payments and institutional use cases.
Market Sentiment: Positive developments in the broader crypto market are likely to contribute to sustained buying pressure.
Breakout Momentum: A close above $2.62 could trigger a wave of buying as traders look to capitalize on the breakout.
Potential Resistance Levels:
$3.31: Previous all-time high and major resistance.
$3.50 – $3.70: New price discovery range if the rally continues.
Support Levels:
$2.50 – $2.62: Critical zone for maintaining bullish momentum.
$2.00: Strong support in case of a pullback.
Outlook for XRP Holders:
If XRP achieves a new all-time high during the holiday season, it would mark a significant milestone for the asset and its holders. Closing above $2.62 today could act as the catalyst for this rally, potentially making Christmas Day 2024 a historic moment for XRP.
XRP Potential Short Term Trend ChangeSMA's clearly crossed on the 4hr time frame, a key support level broken and looks like a retest of what is now the resistance approaching.
If we get a clear rejection on the $2,40 resistance and the SMA's cross on the 12hr i would be inclined to stop buying XRP for the moment and wait till the market plays out to potentially buy the dip, no point continuing to buy whilst the market is changing to a bearish short term trend.
We might as well wait until the market returns to a specific price points like $2 then look to buy more as we can anticipate a rejection of that level and capitalise from buying the dip.
For the record, I'm not saying don't buy XRP. I'm simply saying potentially wait a week to buy it at a better price.
Still XRP 🚀
$XRP BOUNCE OFF FIB 78% DEMAND LEVEL AROUND $2.47Hope this can help you guys add on to your own analysis.
Remember this is not Investment advice just insights into my own perspective of this company's future price direction.
Remember follow the big money to make big money.
peace and love!
A clue of where xrp can head based on it being a fractal of 2016Ok this will be a slightly extensive dive into how the current breakout move from the multi year triangle that xrp just broke out of has a high probability of being a fractal of the triangle pattern breakout move xrp did in 2016 that yielded explosive parabolic bullish price appreciation. I want to start with this image on xrp on the Monthly chart to show how the first monthly candle that confirmed the breakout of the 2016 triangle went up 287 percent and the first monthly candle confirming the current breakout went very similarly to around 283%. So since we already have it following that same pattern there, I’m gong to extrapolate where price could head from here if we are needed mirroring that same explosive move of 2016 with our current price action. If so, the very first spot XRP had a pullback and then consolidated into a bull flag before heading further up was actually at the 1.038 fib level which is just 13% or so above its previous all time high. If we were to do something similar today we could see xrp’s first real significant pullback consolidation around $3.75-$3.77. This is in line with certain chart patterns breakout targets I have in mallet time frame charts that I don’t have shown here. Other chart patterns in those smaller time frames have a targets around $3.80, $3.84 and some as high as $4.06 and then on the logarithmic chart as high as $4.77-$4.85. I think even as high as $45 would still fall in line with a standard deviation away from the 1.038 fib and would still retain the fractal if we were to reach the top logarithmic target before having that first pull back. We can see on the left of the chart above on the first triangle breakout, after it moved on from the 1.038 level the net level it rose to before the first significant correction s all the way up at the 1.618 (in blue). If Xrp were to maintain the fractal in current price acton then the 1.618 should be its destination to before the first ajar correction, and as you can see the 1.618 for the current Fibonacci retracement is all the way up at around $26!
XRP - Next Leg Up Potential XRP is showing strong bullish momentum and appears ready for its next leg up, with the potential to tap its all-time high (ATH) in the near future. Currently, we are in an ideal entry zone for this move. Here’s a breakdown of the trade setup:
Entry: Current price between $2.50 - $2.60
Stop Loss (SL): $2.45 (Just below key support level)
Take Profit (TP) Targets:
TP1: $2.80 (First key resistance zone)
TP2: $3.00 (Mid-term resistance level)
TP3: $3.20 - $3.30 (Long-term target, potential ATH range)
Rationale:
XRP is showing strong bullish price action and is poised to break above key resistance levels.
The entry range between $2.50 - $2.60 offers a good risk-to-reward ratio.
The $2.45 stop loss is placed just below the previous support, protecting against a reversal.
Targeting the $2.80, $3.00, and $3.20 - $3.30 levels aligns with historical price action and recent trends, positioning us for a possible ATH move.
Risk/Reward Ratio: Favorable, with minimal risk to capture significant upside potential.
absolutely huge move upObserving the elevated short positions and their coverage challenges, it appears that the x100 shorts are on the verge of liquidation at 2.8, which is imminent. This situation is likely leading to a buildup towards 4.44.
XRP to $60?XRP has been printing a GIANT bullish pennant for the last few years. Since the SEC case has ended, this might've marked the end of price suppression for this token. Only time will tell but I remain optimistic.
