XRP Fibs XRP has reached initial fib zone mentioned back in august (check previous XRP post). It was in the perfect buy zone for a few months and played out nicely . I will be highlighting some fib extensions targets soon :)
XRPBEARUSD trade ideas
Ripple (XRP) Bulls Eye Rebound from 61.8% FibonacciFxNews —Ripple (XRP) began a consolidation phase below the 78.6% Fibonacci retracement level and filled the bullish Fair Value Gap at 0.620.
The primary trend is bullish. From a technical perspective, the uptrend will likely resume if Ripple exceeds 0.655. In this scenario, the uptrend could gradually resume toward the $0.7 high.
Please note that the bullish outlook should be invalidated if XRP falls below the 61.8% Fibonacci.
Article: Ripple (XRP) Bulls Eye Rebound from 61.8% Fibonacci
XRPUSD Eyes 1-Year Pivot, Caution AdvisedHello,
BITSTAMP:XRPUSD has finally experienced some upward movement and is approaching the 1-year pivot point. However, caution is recommended, as the rally is still dependent on the 1-day pivot point providing support. As long as that holds, the uptrend remains intact.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
Extremely ugly invh&s currently in play on XRPUSDI have placed the measured move/breakout target line rather arbitrarily here. It wouldn’t surprise me if price action had a pullback or correction to reset some of the indicators before actually breaking above the neckline in which case the measured move breakout line(dotted line) would most likely need to be readjusted lower than where I’ve arbitrarily placed it here iin the process lowering the breakout target as well. Always a possibility that it doesn’t correct in between now and reaching the target though in which case we are looking at a target somewhere around 89-93 cents. I know many who only consider bukowski’s textbook version of an inverse head and shoulders to be one will have their skepticism about such an ugly looking example of an inverse head and shoulders, but n my experience it is the ugliest and most asymmetrical examples of inverse head and shoulders patterns that seem to have the highest percentage of being validated and reaching their full breakout targets. *not financial advce*
XRP can breakout of logchart triangle once .59 is sold supportThe top trendline of this logarithmic weekly chart symmetrical triangle has played amazing resistance for quite some time now. However since that trendline is a descending one, the price that xrp’s price action needs to maintain as support gets lower and lower with every weekly candle close. Currently, if xrp can flip 59 cents to solidified support and maintain that support for multiple weekly candles it would validate the breakout. By next week’s candle it could be even lower. For the sake of the steroids 589 number that seems to be associated with XRP, it would be fun if the level needed to flip to support to break above was 58.9 cents imo. With the uptrend in the crypto bull cycle seemingly resuming here, the probability of XRP climbing above .589 in the near future and staying above it has greatly increased. Wouldn’t surprise me if the day it really blasts off and confirms//validates the breakout of this triangle coincides with something newsworthy like Gensler resigning or the SEC Ripple case being settled or even dropped. I anticipate a Bullish December, but perhaps even a quite bullish rest of november here as well for XRP It’s already off to a good start to the month so far and hopefully it can keep that momentum going. Always a chance at some sort of temporary Black Friday black swan discounts though so wise to stay vigilant. In order to get as zoomed in as possible on price action for this post, I cut the measured move target out of the frame, but if you were to drag the chart with your mouse(or finger if using a touchscreen) you will see that the target for the breakout of this log triangle is around $10.57 if it were to break above the triangle on the enxt few candles. *not financial advice*
XRPUSDIf you followed this setup with us, you are still doing well. If not, here's an update:
We are still in this trade and have cut some profit. This helped out tremendously with the Gold oversight and we'll hold the last position to completion. If you have not moved your trailing stop up please do so now depending on where your entry is. Ours was at .51402 and .52395 with a stop at .48629 which was moved to.52395 to cover the last entry.
Next week we'll be taking a low risk approach moving toward the holidays but rest assured we will be on standby for all good looking opportunities that present themselves!
T.Y.L.A.
RIPPLE (XRP) Big Triangle PatternXRP is currently forming an ascending triangle pattern, with price action testing the minor resistance at 0.5631. A breakout above this resistance could pave the way for a bullish continuation toward the next target at 0.6658.
However, if the 0.5631 resistance holds, we could see a potential pullback toward the triangle’s support at 0.51077.
This analysis will be updated if any significant changes occur. Thank you.
Getting thereThis a just a simple idea of what could happen. Not necessarily the exact blue line 1-5, I am in favor or the orange line moving downward. We have seen typically that there is a bull trap right before launch. I expect a major rejection off the black line downward trend line like we have seen a downward wedge shaping. However the biggest picture we know is the 7 year triangle forming for a major pump. Keeping a bag for potential break and preparing funds for a major move downward to load up.
If this breaks and does a rapid move upwards we will scalp in, but I don’t believe this is the major move just yet.
Good luck and have fun with it.
Ripple (XRP) Technical AnalysisRipple (XRP) retreated from the $0.504 support level (September 6 low), testing the 50% Fibonacci retracement level.
Indicators show a bullish bias despite the price being below the 100-period simple moving average. The Awesome Oscillator histogram is green and approaching the signal line from below. Meanwhile, the Stochastic and RSI (14) values are rising, recording 51 and 50, respectively.
Immediate resistance is at the 50% Fibonacci retracement level ($0.524). If XRP/USD closes and stabilizes above $0.524, the bullish wave from $0.487 could resume. In this scenario, the next target for buyers might be the 38.2% Fibonacci retracement level at $0.557.
Conversely, a bearish trend may be triggered if sellers push XRP below the immediate support at $0.504. If this happens, the price could revisit the October 25 low of $0.487.
XRP Holders 75cents incomingTo all XRP holders this is it! We Hold 49-48 and not give it up we see 75cents incoming this year and higher! Its Time for xrp to moon! I will be doing deep dives into xrp for the next 3months or so to give you my price targets to $1.25 we should see an upside movement very shortly next 7days or so Goodluck traders
XRP/USD Hits New Low at 0.4861Hello,
XRP/USD has once again reached a new low at 0.4861, with further downside anticipated.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
XRP chart prediction (Invert scale)After the whipsaw, a strong leading diagonal (Wave 1 in progress) is forming, indicating an upward movement, and soon a correction followed by Wave 3 is expected.
RIPPLE - Buy Idea (Short-term)Ripple is on the move and seems to be breaking out the key-level resistance of 0.5200 right now as we speak. We suspect this breakout is legit and will lead price action to the next significant key-level of 0.5515, our official profit target. Stay tuned...
A 80% correction to 10 cents in 2024 for XRP?For exactly seven years XRP price action has been trading inside a defined range as shown by the green arrows. A long or short position from those areas would have been excellent.
For the last two years price action has traded inside an uptrend channel. The channel support has now failed with confirmation. Red arrow.
The failed support follows the double top in price action where market market structure previous broke in April 2022. Orange arrow.
30 cents is the next support level to test now that price action has exited the channel. Should that support not confirm, 10 cents is next.
Is it possible price action enters the channel and continues the uptrend? Sure.
Is it probable? No.
Ww
XRP Full Analysis With Long-Term Support & Resistance + Pre...Here is what I did, I plotted the Fib. retracement levels for the entire chart since the bear-market. The entire bullish wave from the June 2022 low all the way to the July 2023 high. The levels are shown on the chart.
This is long-term and these are strong levels and signals.
XRPUSD is trading weekly below 0.618 Fib retracement relative to the bullish wave just mentioned above, more than a year long. This is the blue line on the chart.
Below this level/line, this pair's bearish potential is really strong and a crash can happen anytime. This support was lost last week. This level is set at $0.53952. To keep it simple, bullish above and bearish below. Or I should say, bullish potential is stronger above this line and the potential for another drop is more likely below it. XRPUSD is trading below.
The next support and level is 0.786 Fib. retracement with a price tag of $0.42848. This price range, resistance and support, has been valid since March 2023 and has been activated many times; will it break?
The chart says yes based on long-term bearish action; lower highs since July 2023 and support being challenged over and over. The more it is challenged, the weaker it becomes.
Recent action is coming out of a major lower high and trading volume is low.
The next level is 1 Fib. retracement but this is too low, we are likely to find support higher but the chart is saying down. Conditions for changed have been mentioned above (if XRPUSD moves above 0.53952 the bulls become action; bearish below).
Thank you for reading.
Namaste.
XRP - BEAR Almost approaching a point where the market will pivot.
Here is a free idea as we are nearing structure #xrp
NEW IDEA FOR RIPPLE Technically, in the daily time frame, Ripple has broken down the support area of the bottom of the descending channel in the range of 0.5528, and now, provided it is maintained, the rate can decrease to the support of the second downward channel in the range of $0.4939.
XRP/USD at Key Monthly Support: Upside Potential if HeldHello,
BITSTAMP:XRPUSD has experienced recent downside movement as anticipated, with the price currently resting at a significant monthly support level of 0.5216. If this level holds, further upside potential is likely.
TradeWithTheTrend3344
Buying This may be the last chance to launch. Please pay attention to XRP lovers because there is a clear and strong signal, and perhaps the market will do otherwise. There is a buy signal rising to one dollar. This is just an analysis and not a recommendation. Good luck.
The Symmetrical Triangle on the monthly logchart w/ a $10 targetQuickly reaching its Apex. Reaching the target of this triangle should trigger the breakout on all the triangles / pennants / c&hs / and flags that are even bigger than this triangle and eventually get us to even higher targets as well. *not financial advice*
XRP USDXRP USD @ 0.51719 SL 0.48629 TP 0.61220 Following previous analysis. We are expecting a nice run on this one but the mitigation has to ensue before the distribution phase.
This is our outlook for the week in XRP USD.
Stay tuned for the outcome.
Trade Your Life Away!
