xrp ouroboros coming weeksLets have a laugh The xrp dance for the coming weeks, ranging ranging and ranging zzzzzz
XRPBULLUSD trade ideas
XRP Daily ChartConsolidating after a huge move down, starting to move down at this point.
See if this can break either side, clean range above / wick fill below.
NEW IDEA FOR RIPPLE By examining the trend in the four-hour time frame, Ripple has the support interval of the bottom of the ascending channel in the range of 0.53 to 0.54, and under the condition of maintaining and not registering any close candle time of four hours below it, the rate can reach The resistance of the ceiling of the D channel is around 0.57 dollars to increase the price.
Ripple: ConsolidationXRP is currently moving within a sideways range and remains between our two scenarios. Primarily, we expect a drop below the support level at $0.2874 before the magenta wave (C) is completed. After establishing this low, the price should rise over the long-term. However, if the price rises imminently and breaks the resistance level at $0.9479 (probability: 45%), we will already consider the price in the alternative magenta wave alt.(D).
Bullish Outlook on XRPUSDKey Reasons for a Bullish Bias:
1. Positive Market Sentiment: XRP has recently broken through an important resistance level, which shows that traders are feeling optimistic about its future.
2. Bullish Technical Patterns: An inverted Head and Shoulders pattern has formed, suggesting that XRP might be ready for a price increase.
3. Improving Regulations: Recent developments in cryptocurrency regulations are becoming more favorable, which could attract more institutional investors to XRP.
I plan to use probabilities based on historical data and the X1X2 methodology to enter long positions in XRP. Here’s why:
- Learning from the Past: By looking at past price movements and historical data of XRP, I can spot biases that might help predict future behavior.
- X1X2 Methodology: This method helps me identify key price levels to enter and exit trades, making my strategy more focused.
- Smart Risk Management: By using probabilities, I can set stop-loss orders at strategic points, reducing my risk and making more informed decisions.
In summary, with a positive market outlook and a solid trading strategy based on historical data and mathematical rules, I’m confident in taking long positions in XRPUSD.
Traders, if you found this idea helpful or have your own thoughts on it, please share in the comments. I’d love to hear from you!
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BRICS Chooses XRP and XLM for New Cross-Border Payments System
In a recent announcement, the BRICS alliance (Brazil, Russia, India, China and South Africa) has confirmed that the XRP and XLM cryptocurrencies will be the cryptocurrencies of choice to power its new cross-border payments system. The move underscores BRICS' focus on creating an efficient, decentralized alternative to current legacy systems such as Swift.
XRP and XLM, both known for their speed and ability to process large volumes of transactions efficiently, have been recognized for their potential in the new financial architecture BRICS is developing. Although their prices have not shown significant increases in recent months, this strategic adoption could be a key factor for their long-term growth.
On the technical side XRPUSD has been moving since July in a bearish channel with a high of $0.9267 and a low of $0.2950. Its support zones are $0.3766 and $0.1446 at the moment the RSI is near the mid-zone at 49.49% and the bell control point is located at $0.4598. It would not be unusual for the token to try to test the $0.6546 area. If the BRICS definitely put activities in motion with this token it is possible that it will increase in value back to the previously indicated highs.
This announcement marks an important milestone in the advancement of cryptocurrencies within the global economy, strengthening their role in facilitating international payments.
Ion Jauregui –ActivTrades Analyst
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Short term down - signal for giant upthrustPrice today alone doesnt mean much. The price moves trigger signals. When we compare signals that of today to 2016-2017, it is clear that if XRP is to have a god candle, it needs to first produce liquidation signals similar to those in the above circle/rectangles. ADX/Stoch, Chakin, CHOP. Short term bearish long term bullish. good luck all.
updates on the trades we took this weekthe final results of trading Gbpusd and Gbpjpy! in todays video we broke down the 2 pairs we traded today
6 year old trendline is broken - Target between 1 - 1.30We are moving for about a year sideways now and we finally broke the 6 year old downward trendline.
The first arget will be around 1 dollar with a strong resistance, afterwards we can push towards 1.30.
The SEC won't and can't stop this.
Xrp - This Is The Bullish Breakout!Xrp ( BITSTAMP:XRPUSD ) is preparing two major breakouts:
Click chart above to see the detailed analysis👆🏻
Xrp has been consolidating for almost 7 years and if a triangle breakout happens, it will certainly be followed by new all time highs. Price action and market structure are both pretty clear, and it seems almost impossible for Xrp to break the current support. Therefore longs!
Levels to watch: $0.5, $1.0
Keep your long term vision,
Philip (BasicTrading)
XRPUSD This is how it can reach $10 by the end of 2025.XRPUSD hasn't made a new ATH since January 2018. Instead its last Cycle was a Lower High of a 6 year Triangle that hasn't been broken yet.
The price has been consolidating for 18 months and is pattern is running out of space.
Volatility is expected to become fierce until the end of the year but if it follows the expansion pattern of the 2013-2016 Triangle, then we can see a massive price explosion early in 2025.
That rally reached the 2.0 Fib, the parabolic channel of XRP suggests it won't go higher than the 1.5 Fib.
As a result, we think $10 is a fair price in this scenario.
Follow us, like the idea and leave a comment below!!
XRP/USD Long-Term Buy if 1W Pivot HoldsHello,
BITSTAMP:XRPUSD remains a long-term buy as the price has once again respected previous support levels. We can expect further upside, but only if the 1-week pivot point holds.
TradeWithTheTrend3344
50 cent ...No I'm not talking about the rapper... I'm talking about Xrp price.
I believe Xrp will begin heading back up towards a dollar now and these may be the final moments of Xrp hovering around 0.50 cents. So we may never see these prices ever again.
It's all in the charts and from what I can see with the trendlines, Xrp should be at or above 0.70 cents by late January or February. If not triggering the beginning of the bullrun.
It's all coming to ahead so buy now if you hadn't already done so. It'd be strange if you ain't stocked up by now. This has gone sideways for way too long.
Xrp Go shorty in your birthday It about that tiiiiiiime.
No intellectual verbiage necessary.
Diamond hands you will be rewarded soon
Let the bullish aggression start. Everything is lining up and the world is a big stage. On demand liquidity times! The new Gold standard!
You’ve been warned.
XRPUSD Shows Bullish Momentum, Eyes on $0.65 ResistanceMarket Overview:
XRPUSD is bouncing from strong support at $0.502, signaling demand in that zone.
Since the July lows, XRP has formed higher-lows and higher-highs, indicating building bullish momentum within an upward channel.
Key Levels to Watch:
Support: $0.502 (recent bounce) and swing low for potential stop loss placement.
Resistance: $0.65, with potential for further upside if convincingly breached.
Outlook:
XRP's shallow pullback from the $0.65 resistance and the holding of key support levels suggest underlying strength. If $0.65 is broken, the bullish case strengthens, with room for more gains.
#XRP #CryptoTrading #PriceAnalysis #SupportAndResistance #BullishMomentum
XRP continues to decline? Given the support in the 0.5067 range After breaking this area, we can expect the 0.4717 range to continue falling Otherwise, if the resistance range of 0.5560 is broken, we can expect the range of 0.5969 and 0.6588 to rise.
