Doge and Xrp Analogy.There seems to be an interesting graphic similarity between Doge and Xrp. The Doge chart is like the completed version of Xrp chart. It's a good idea to keep this as a secondary point of view.
XRPBEARUSD trade ideas
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.
Ugly invh&s on XRPUSD already breaking above the necklineEven though this already now has a sizable candle breaching the neckline of this inv h&s pattern, we must remember that even bigger breaks above invh&snecklines in the past have still found a way to dip back below the neckline, and this candle currently has a decent top wick goin on it as XRP often likes to pull after a pump, so we haven’t validated the breakout of this pattern just yet. However, wanted to post a new updated version of this pattern to show that if we were to validate the breakout here which is a little earlier than where. Arbitrarily placed the measured move line of the breakout on the previous version of this chart, the target would then be slightly higher taking us to around 93-94 cents. Again, no guarantee we won’t find a way to dip back below the neckline here in which case I will ahve to readjust the measured mvoe line lower again but I still out of excitement wanted to post this update considering XRP has been playing it coy the ast few days that bitcoin has been pumping. *not financial advice*
XRP is ready for a big move to 10$ XRP has been in this triangle for nearly 7 years, and it's finally breaking out! We could see $10 in the next 6 months. 🚀
Don't sell your houses and cars to buy XRP... just kidding! 😄
Let’s make this happen, guys! Stay strong! 💪 #XRP #Crypto #Breakout
A Years worth of CompressionIt's been alot more than a Year for Ripple. With their ridiculous lawsuit off the table and the Arch Nemesis getting kicked out of his chair. It's pretty much open season from here.
We are currently at a crystal clear resistance zone and not seeing the historically normal rejection candle that shorts would pile into. Thanks to the broader market rally and the US wanting to become the crypto capital with its new presidente, I think we actually see ATH levels this bullmarket.
Coinbase just came out with their Top 50 ETF type index for crypto alts. I imagine more exchanges will follow suit. And if it is anything like a normal index ETF from the stonk market, they will be purchasing the coins listed for their reserves. Adding even more fuel to the fire.
XRP will soon be one dollar💯Hello
The crypto market is increasing day by day
Ripple is one of the oldest and stable currencies
My first goal is one dollar🎯
XRP Could Hit $1 If Bulls Secure Above $0.75Ripple (XRP) held above the 38.2% Fibonacci retracement level, leading to the uptrend's resumption. That said, a close above $0.75 could extend XRPUSD to $1.0.
Please note that the bullish scenario should be invalidated if XRP dips below $0.651.
Article: fxnews.me
Next targets if it breaks thru .75.75 is resistance but if it breaks thru, next targets are .83 and .95
XRP GofishXRP looks like it wants to make a break out from its second cycle fractal pattern which from the fractal it copied from its first cycle was much smaller in scale. Macro Diamond Pattern lets go fishing!
XRP Poised for Critical Breakout Amid Key Resistance Levels Ripple’s XRP has been navigating a defined range over recent months, marked by consistent rejections and support zones that traders should be paying close attention to. The current weekly chart reveals a consolidation pattern with key levels acting as critical indicators for potential future price movement.
Key Technical Insights:
Current Trading Range: XRP/USD is trading near $0.589, holding within a rectangular range that spans from approximately $0.497 to $0.665. This range has persisted since mid-2023, showcasing a repeated cycle of buying and selling pressure.
Potential Breakout Indicators: A close above the $0.665 level, which aligns with the first “SELL Stop 1” threshold, could pave the way for a rally towards higher resistance levels, notably around $0.742 and $0.852. These points mark historical pivots where significant rejections occurred.
Volume Dynamics: The recent uptick in volume hints at growing interest, suggesting that a decisive move could be on the horizon. Traders should monitor if this surge in volume accompanies a break of the current range or signals another false breakout.
Downside Risk – Key Supports to Watch: On the downside, the $0.497 mark is highlighted as a critical “SELL Zone” but carries a caution of potential bounce. A weekly close below this level would likely lead to further downward momentum towards the $0.439 “BUY ZONE,” providing a potential entry for long-term positions.
Conclusion:
Investors and traders should be vigilant as XRP approaches these pivotal levels. The confluence of past trading behavior and heightened volume indicates that the cryptocurrency may soon break out of its months-long consolidation phase. While an upside breakout could propel XRP towards $0.742 and beyond, caution is warranted as reversals within the current range remain possible.
XRP on the Verge of a Major Rally: Bullish Momentum BuildingAt Vital Direction, our technical analysis for XRP suggests that it may be on the cusp of a significant rally. Since XRP’s notable bottom in early 2017, the price surged dramatically until its peak in early 2018, reaching around $3.20. Following this peak, XRP entered an extensive consolidation phase, which, according to Elliott Wave Theory, appears to have formed a WXY complex correction. This correction saw both the W and X waves unfold as ABC zigzags, with the final Y wave developing as a contracting ABCDE triangle.
A critical support level at $0.486 remains pivotal to XRP’s future movement. Provided this level holds, we believe XRP has the potential to break free from its prolonged consolidation phase and surge towards a new all-time high. Our analysis suggests that, as long as $0.486 is not breached, XRP could rally significantly, with a conservative price target of $9 or higher.
This analysis aligns with rising optimism around the potential of XRP’s ecosystem, especially given its integration within financial networks and blockchain solutions. As XRP approaches this decisive support, traders and investors should closely watch for a potential breakout, which could reward those positioned in the market early.
Ugly invh&s on XRPUSD already breaking above the necklineEven though this already now has a sizable candle breaching the neckline of this inv h&s pattern, we must remember that even bigger breaks above invh&snecklines in the past have still found a way to dip back below the neckline, and this candle currently has a decent top wick goin on it as XRP often likes to pull after a pump, so we haven’t validated the breakout of this pattern just yet. However, wanted to post a new updated version of this pattern to show that if we were to validate the breakout here which is a little earlier than where. Arbitrarily placed the measured move line of the breakout on the previous version of this chart, the target would then be slightly higher taking us to around 93-94 cents. Again, no guarantee we won’t find a way to dip back below the neckline here in which case I will ahve to readjust the measured mvoe line lower again but I still out of excitement wanted to post this update considering XRP has been playing it coy the ast few days that bitcoin has been pumping. *not financial advice*
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
RIPPLE - Buy ideaThe recent breakout of the key-level resistance at 0.5793 had been confirmed by the close of the weekly bar. It is more than likely that price action will continue on this upside trajectory. the next significant key-level is at $0.6860, our official profit target.
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.
Ripple's Bullish Trend Holds Above 100-SMA with Target at $0.565FxNews — Ripple gained 3.7% today, trading around $0.533, testing the upper line of the bearish flag and the 50-period SMA.
On the 4-hour chart, today's price jump created a bullish Fair Value Gap, while the Stochastic Oscillator is nearing 80, indicating a potential overbought condition. The RSI has dipped to 65, just below overbought levels. Despite these signals, XRP/USD remains above the 100-period SMA, maintaining a bullish trend.
Forecast
Immediate support stands at the 50% Fibonacci retracement level of $0.517, backed by the 100-period SMA. If XRP stabilizes below $0.531, the price may fill the FVG near $0.517, possibly reaching $0.511. The bullish outlook holds as long as prices stay above the 100-SMA, with the next target at $0.565 after a brief consolidation.
Support: $0.517 / $0.611
Resistance: $0.548 / $0.565
Breakout Structure Daily XRPUSD I'm bullish on XRP on this daily timeframe
Looking for a breakout of this triangle drawn between lows and peaks
The breakout will be aggressive and overdue
BULLISH
Ema chat//@version=5
indicator("Custom MA Cross with Buy/Sell Labels", overlay=true)
// User-defined inputs for moving averages
shortPeriod = input.int(10, title="Short Period", minval=1)
longPeriod = input.int(100, title="Long Period", minval=1)
// Calculate the moving averages
shortMA = ta.sma(close, shortPeriod)
longMA = ta.sma(close, longPeriod)
// Plot the moving averages
plot(shortMA, color=color.blue, title="Short MA")
plot(longMA, color=color.red, title="Long MA")
// Generate crossover signals
buySignal = ta.crossover(shortMA, longMA)
sellSignal = ta.crossunder(shortMA, longMA)
// Plot buy and sell labels
if (buySignal)
label.new(bar_index, low, "Buy", color=color.green, style=label.style_label_up, textcolor=color.white, size=size.small)
if (sellSignal)
label.new(bar_index, high, "Sell", color=color.red, style=label.style_label_down, textcolor=color.white, size=size.small)
$XRPUSDthis is the path i have drawn out for xrp this cycle
just some random lines tho so just ignore me
i dont know anything xDD
XRP Weekly Trend Line Broke & Retested (BULLISH)There has been a weekly downward trend line for BINANCE:XRPUSD ever since early 2021. Actually, it goes back to 2018, but for the sake of good visibility on this chart it goes back to only 2021. Zoom out of look on the monthly chart though to see that it goes back to 2018!
Note: You can check multiple price feeds too, not just Binance. For example, Bitstamp BITSTAMP:XRPUSD and others.
This downward trend line has been broke and retested. Price is currently at support now and ready to take off. Expect some fireworks for XRP soon.
Minimum TP = $0.94
Longer term TP = $1.40
Current price = $0.59-$0.60
Price is currently at support, so risk is extremely low. You may want to set a SL somewhere below $0.50 just to be safe. Please note, Price will likely go way above my two TP prices posted. These are just two very probable TP prices that will be reached with without waiting forever. This is a long-term chart and very reliable.
Ripple currency technical analysisAccording to the attached chart, it is estimated that the main waves of the uptrend are black waves, and based on this, I expect wave 4 to end in the displayed range (of course, it must be monitored to calculate the exact point) and then enter wave 5. Of course, the points that must be considered are that we have types of waves 5 and the ascents can be long, and based on Elliott wave data, this value is currently considered, and after monitoring, the ceiling numbers of wave 5 can be corrected.
