Can XRP get close to 20 dollars?LMACD suggest that this rally might be similar to the one we see in 2017.
XRPBEARUSD trade ideas
XRP!!!!I could see it test the bottom of the Golden zone overnight around 2.27. If that holds it will make a higher low and start making its way back up to test the high. Lets see where she goes.
XRP / USD - WHAT IS GOING ON? - CryptoManiac101XRP / USD OUTLOOK
Here we are again guys... The make it or break it phase.
If we look at the overall structure. It's bullish, we're making a bull flag on the 4H chart and this is actually the 3rd time, within the last 30 days that we've hit resistance in a similar fashion, only difference is...? Each time we get more of the accumulation phase, which is then followed up by an even bigger pump.
Will it happen again? Only time will tell, but we are getting very very close to a hyper excitement phase whether were make a rejection here tomorrow or break out of it today. Either way, through it would be interesting to show you guys.
Remember that this is not a financial advice and is solely for entertainment purposes.
$XRP Goes beyond your imagination? ATH?analysis using SNR ORIGINAL chart pattern. i'm not saint 100% accurate. Trade wisely and trade at ur own risk. Stick with SL and ENJOY the ride later.
XRP - Bullish Flag for a breakout (4H)Bullish Flag forming for a break out. First test at $2.8. A break above $2.8 we'll see $3.2
👽XRP - One Triangle To Rule Them All!XRP has formed a MASSIVE multi-year triangle. Combine this with multi year MACD and RSI in very bullish posture we are really on the precipice of an explosive move in the coming weeks / months.
This is a long term play and I think will take a while to happen.
Once we get above previous ATH I'm looking at $10 - $20 for the long term target.
Patience will be rewarded with this one guys.
XRP continues from where it left off.If it breaks the downward trend in the coming hours, an upward movement and a rise above $3 could occur in the coming days, provided that Bitcoin does not experience a significant drop. This is not financial advice.
A Bullish XRP Flag Emerges as $5 Call Options Heat UpXRP, the native cryptocurrency of the Ripple network, has been making waves in the crypto market recently.1 It has not only outperformed Bitcoin but has also shown resilience against the broader market downturn.2 This bullish sentiment is further amplified by a potential bullish flag pattern emerging on the price chart and increased activity in the $5 strike call options on Deribit.
Bullish Flag Pattern: A Technical Analysis
A bullish flag pattern is a technical analysis chart pattern that suggests a potential continuation of an uptrend.3 It typically forms after a sharp upward move, followed by a period of consolidation, resembling a flagpole.4 The subsequent sideways movement, often contained within parallel trend lines, is known as the flag.
If the price breaks above the upper trendline of the flag, it signals a potential resumption of the uptrend, potentially leading to significant price gains.5
Increased Activity in $5 Call Options
The increased activity in the $5 strike call options on Deribit is another bullish indicator. Call options give the buyer the right, but not the obligation, to buy a specific asset at a predetermined price (strike price) on or before a specific date6 (expiration date).7
A surge in call option buying often indicates that traders are anticipating a significant price increase in the underlying asset.8 In this case, the high volume of $5 strike call options suggests that traders believe XRP could potentially reach or even surpass the $5 price level in the near future.
XRP's Recent Performance
XRP has been one of the top-performing cryptocurrencies in recent weeks. It has outperformed Bitcoin and many other altcoins, defying the broader market downturn.9 This strong performance can be attributed to several factors, including:
• Positive Ripple News: Ripple's ongoing legal battle with the SEC has been a major catalyst for XRP's price movement. Positive developments in the case, such as favorable court rulings, could significantly boost XRP's price.
• Increased Institutional Interest: Several institutional investors have shown interest in XRP, recognizing its potential as a digital asset with real-world use cases.10 This increased institutional adoption could drive demand for XRP and push its price higher.
• Strong Community Support: XRP has a strong and dedicated community of supporters who actively promote the cryptocurrency and its underlying technology. This community support can help drive adoption and price appreciation.
Potential Challenges and Risks
While the bullish outlook for XRP is promising, it's important to consider potential challenges and risks:
• Regulatory Uncertainty: The ongoing regulatory uncertainty surrounding cryptocurrencies, especially in the United States, could impact XRP's price.11
• Market Volatility: The cryptocurrency market is highly volatile, and sudden price swings can occur without warning.12
• Technical Analysis Limitations: Technical analysis is not foolproof, and it's essential to consider other factors, such as fundamental analysis and market sentiment, when making investment decisions.
Conclusion
The emergence of a bullish flag pattern on the XRP price chart, coupled with increased activity in the $5 strike call options, suggests that XRP could be poised for a significant price rally. However, it's crucial to approach any investment with caution and conduct thorough research before making any decisions.
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. Please consult with a qualified financial
XRP Short Term LongThis is a trade setup for the next 3-4 hours or so. I see a pullback to a FVG, at a Fibonacci level, and then a run up to $2.4877 at the 61.8% fib level. Let me know your thoughts. If you like my idea give me a thumbs up!
XRP Update 2024-11-12XRP Most Probable Targets are mentioned.
Note : This is a personal Idea and Not enough for trading
New All Time High PendingXrp is now setting itself up for the next huge leg up past all time high to set new all time highs!
As you can see, this bullrun hasn't even begun yet, and Xrp is making similar set ups as the previous ones, but on a larger scale.
We haven't seen anything yet! 🚀
XRP TO $1.45!Previously i stated i was waiting for XRP to develop to provide more data to generate some better predictions using TA. I said that XRP seems to be in a consolidation phase and it still looks that way, aggressively bouncing between key levels.
Price rejected support at $1.95 and pumped to $2.47 which is roughly where XRP is sitting now. Based on basic TA the market is now creating LH's & LL's which would align with my previous idea regarding a short term trend change to the downside, it does look like XRP is in a relief period (pull back on larger time frames).
My SMA's have crossed clearly on the 4hr, it's also rejecting the SMA's as well as the resistance at $2.47 seems to be holding up for now and again we have LH's & LL's confirming the trend change.
The fib is also supporting my analysis as the 61.8% pull back percentage is aligning perfectly with my initial key level of $1.45, this is now a major key level as its pretty obvious so a lot of traders (retail & whales) will be looking at this key level, for targets, limit orders and liquidity for the whales.
If the $2.47 clearly rejects i would be inclined to short, but will have to be careful of slight breaks through the resistance as liquidity traps so won't be to eager to enter, instead i'll wait for a few forms of confirmation of rejection before entering. This is a trade with 40% as a potential ROI so no need to rush in, if i'm a bit late to reduce risk then so be it.
If the resistance at $2.47 breaks through, comes back to retest it as a support then that will likely void this set up for now. Stop would be placed above last LH and resistance level for protection.
Another XRP BreakoutHere we go again, two downtrend breaks in a row and sharp recovery after some serious volatility and liquidations earlier this week. Looking for a move up to 2.65, might be good for a long if it breaks and holds on a retest.
XRP fibonacci circlesThis is a fibonacci chart that explains the prior price and time action using the repeat motifs of God's natural sequence in nature called Fibonacci. and these are some points of interest of time and place to analyze for those that do scalping or spot purchases and to use a tool to possibly help to mitigate loss. It is my art and hobby because I give it away to inspire and help. Best wishes.
RIPPLE (XRP) - Bullish continuation???The price is above the Kumo indicating a bullish trend in the longer term.
The Tenkan-sen and Kijun-sen are closely interacting near the price, suggesting consolidation or a potential setup for trend continuation.
A descending channel is drawn, suggesting a corrective structure.
The Y wave with projection (E) is marked outside the channel at a significant resistance zone between $2.8356 (0.886 Fib) and $2.910 (1.0 Fib).
The price is currently testing the upper boundary of the descending channel near $2.4432.
Volume seems to fluctuate with stronger activity during bullish impulses.
Immediate resistance is the channel's upper boundary and the $2.5000 level.
Immediate support lies at $2.2512 and the lower channel boundary, followed by the Kijun-sen near $2.2170.
Enter on a confirmed breakout above the channel's upper boundary and $2.5000. Ensure volume supports the breakout.
The chart structure shows a corrective phase within a larger bullish trend. Watch for signs of trend resumption or a deeper correction.
Monitor Ichimoku signals for confirmation, especially if the price stays above the Kumo while breaking the channel.
Be cautious of market volatility and confirm all trades with volume and candlestick patterns.
Note:
1. Analysis for education purposes only.
2. Trade at your own risk.
Xrp $3.05 or $3.76????After completing the minor ABC correction next elliot wave heads north of $3......but where will it stop? What's your guys thoughts?
MY LAST SUPPORT XRPUSDSince the price back again to my last support, then i have to make my clear stand at XRP even more so when it now forms an invert H&S pattern. i love this pattern!
Another possible XRP dumpLooking at the 15 min chart for XRP we have a possible falling wedge meaning it may dump 1 more time.
Support @$2 Looks like the support at $2 is holding for the mean time if can stay above this and keep it as support I see a run at the ATH by News Years. As long as we don’t close any candles below $2 we can still see upside in consolidation at the three monthly candle peaks. If we break below an eventual slip to .80 cents isn’t out of the question.
XRP to the moon XRP appears to be in a strong uptrend. The price has been steadily rising over the past few weeks, with healthy pullbacks. The volume has also been increasing, which suggests that there is strong buying interest in the market.
Ripple Secures NYDFS Approval for RLUSD Stablecoin also will push XRP higher
XRP IS GOING NO WHEREAs you can see XRP is entering what looks to be a consolidation phase / sideways market cycle. On the higher timeframes (daily) it is also evident. There is a lot of uncertainty and manipulation taking place with XRP, bouncing around from key level to key level.
The whales are laughing all the way to the bank as retail traders emotional decisions of buying and selling instantaneously provides them liquidity to keep entering, pumping and selling.
In moments like this it can be best to sit back & spectate as 95% loose common sense & start to pull their hair out because they cant seem to catch a pump or dump.
The bigger picture will prevail and once it presents itself we'll be able to establish a better idea of which direction XRP might be headed, at the moment there is a significant lack of data to even begin to predict price targets / points.
Sometimes sitting on your hands is the BEST risk management strategy.
XRP!!So, I've got my chart on XRP, and it's playing out as expected. Dropped down to retest the previous high, which lined up with the 618 retracement level. Now, we're pushing back up, hitting the 786 as resistance, which is holding for now. Market's seen a downturn, and oscillators are hinting at a sell-off. If it holds at the 786, there's potential for a breakout after a minor pullback.
In the Golden Zone. Will it Retrace?Based on the Fibs i think it can retrace back up. Had to have a pull back.
