Who is ready for the XRP breakout??XRP is about to break the triangle that has been forming since the beginning of 2018.
Next target is around 10$
XRPBULLUSD trade ideas
XRP , to breakout? or give up?XRP closed with a bullish weekly candle and is currently testing strong resistance at $0.66.
After months of consolidation, is it time for XRP to make its move?
We’re looking for a breakout above $0.66.
The weekly MACD has crossed and is trending upward, showing that the bulls are in control.
XRP LongXRP is finally having its rally. Saturday, 9/28, hit a milestone as it broke its previous high (resistance). It will most likely retest with a pullback balancing itself between 0.62 and 0.67 in the coming days. On the weekly chart, a golden cross formed on Monday, 9/15. 200 MA is playing the break. Resistance - $0.74 Support - $0.50
MAKE ROOM XRP COMING THROUGHBINANCE:XRPUSD -XRP is starting to show signs of strength as it passes through the MICRO DEMAND LINE. Several attempts of trying to break through have been made in the past, but it just didn’t seem to have enough gas.
Some hidden BEARISH divergence can be noticed on the RSI possibly signaling some pull back in the mix.
The MACD is showing a full tank with plenty of room for some movement to the upside.
A Textbook Elliot 5 wave pattern appears to be in its final making. This is a huge signal where noramlly a continuation pattern follows, breaking out of the contraction triangle.
Higher highs will most likely be in the making, can’t wait to see how this coin performs the next year to come!
-Not financial advice-
XRP: GETTING TIGHTXRP holding above the 40 weekly pushing against the upper resistance trend line. Looking for a break of the trend line and a retest to go higher. If XRP holds this wedge pattern I would anticipate a break out no later than Jan 2025.
xrp to $3, then level to level channel ridinghtf channel is fully respected, many touches across all the lines
the first 0.25 level converges at ATH $3, after that the mid is over $20
xrp has lots of room to run
SUN 9.29 XRP target XRP .608 first level target on way down hunting easy liquidity. September was green collectively overall for the market. If things go as thought. OCTOBER could be RED. Either way we swing and scslp liquid both ways in crypto and US mkt.
Bullish signal on XRP?XRP is showing signs of bullish activity. However, the SEC appeal is still in the air. If the SEC appeal does not happen, the bullish trend will continue. I used the wedge formation for projection.
XRP SHORTThe chart shows a clear range that XRP/USD has been trading in from April to June, followed by a significant price drop. Currently, the price has rallied back towards a previous area of interest, indicating potential liquidity around the 0.65857 level.
Trade Setup:
1. Entry: Look for signs of price rejection around the 0.6500 - 0.65857 zone, which is marked as an area of external liquidity. This area is expected to act as resistance, with the potential for the price to reverse from this level.
2. Stop Loss: Place a stop loss just above the external liquidity zone at 0.6650 to account for any potential fakeouts or spikes.
3. Target: The initial target would be around the 0.43120 level, where significant demand is anticipated. This is also the projected area shown on the chart.
4. Risk/Reward: The trade offers a favorable risk/reward ratio, with a larger downside potential versus the upside risk if the resistance holds.
Additional Notes:
- Monitor the price action closely around the external liquidity zone for confirmation before entering the trade.
- If price breaks and holds above the 0.65857 level, reassess the trade idea as this would invalidate the bearish outlook.
Hello From the Other Side Of the Trendline !We broke out, we're busting out, we're about to rocket
But man it is a historic break out, dating back to 2017 peak
Now how far the sentiment will take us
Levels to watch are on the chart
We shouldn't forget that XRP has a big market cap, Do not hope for a 20x or even a 10x
Other than that, Send it 🚀
See you up there !
"That's it, that's the idea" - Good night !
SEC suppression done and dusted???Buy signal once again. What shall the market gift this time round?
XRP to 23 USD just by using past performance for ONLY 1st part !Using the logarithmic scale just to be able to show what REALLY happened after the ICO of XRP in September 2013 and the 'momentum' until March 2017 in a period of 3.5 years, we can clearly see an identical pattern being formed over a period of 6.5 years, from the peak of 3.4 usd in December 2018 until now !
So to repeat the numbers I've mentioned already in the drawing, there was a 8000 % increase after a similar build-up in the preceding cycle or an 80 x in value until the 1st half of the bullrun!
This means that calculated from 0.4 usd, which is an average bottom of the present bear-market AND exactly the INTERMEZZO top in between the 2 cycles, we can foresee a 32 usd as an interim target or a 80 x with the nearing bullmarket.
Also notice the 3 lower highs in each cycle of the accumulation period...
Now let that all sink in and if I draw from the bottom of 0.005 usd until the previous top of 3.42 usd, this is an increase of 70,000 % or 700 x !!!
So if we calculate from 0.40, this would mean a projected price of 0.40 x 700 = 280 usd !!!
1st projection : 27 usd !
2nd projecton: 280 usd ??
The numbers are a somehow insane, so I would like to believe that 27 usd is already a crazy number which already doesn't seem like reality.. But who knows?
Xrrpusd bullishpennant on the weekly logarithmic chartSame pattern as my previous two chart ideas but this time shown on the weekly chart. All 3 measured move targets remain the same. *not financial advice*
Xrpusd Bullishpennant on the 1month timeframeSame pattern as the previous idea i just posted but I’ve switched it from the 3 month chart to the 1 month time frame in order to keep track of the developments in price action more quickly. Im also going to post this pattern one more time but on the weekly timeframe as well. The 3 targets remain the same. *not financial advice*
bullpennant on the xrpusd 3month logarithmic chartJust posting an updated version of this Also going to post a 1 month timeframe version of it and a weekly timeframe version of it to keep track of how it develops. We can see 3 main targets should the entire pennant be validated and not just the symmetrical triangle. First one is 10 dollars, then 33, then 609. These amounts can of course change somewhat depending on wherever the actual breakpoint occurs. *not financial advice*
XRPUSD1 Year
Stoch RSI-looks bearish, so it may drop a few cents to around $0.55, which is around the EMA 200.
5 Year
Stoch RSI-has a bullish direction and might continue up.
ALL
Stoch RSI-has a bullish direction as well and might continue up.
Prediction: We may see a small drop in the short term, but I think this is positioning into a move upwards.
XRP - Failed inverse SHS ? Big dump in the cards?XRP broke it's long time held support line. It made an inverse head and shoulder pattern to try to climb back up. If this fails (which it looks like right now), we could see a big dump for XRP. On the other hand, if we miraculously are able to reclaim the support line, it could be real bullish.
XRP , pending for a bullXRP has been trading within a range since mid-July, with a breakout above $0.625 needed to trigger a bull run
XRP Dying Star?! Or Rising Again!?XRP has been dying for years
Relative to the space XRP has been a bad hold. In the last bull run it underperformed BTC and of course many others. It also underperformed its own previous high.
Pattern is similar to previous mega run
The lower high pattern is similar to what it made before its last mega run in 2017. It did top out late and was a market topping signal overall.. so even if not an XRP fan its worth keeping an eye on.
XRP AND WHERE WE STAND 🔥 Hope everyone's been well! I've mainly been busy with work so haven't had the chance to post till now but again hope everyone has been alright and well! I'll be sure to keep this quick and concise.
🔥 Following up from our last idea we can see the turnaround from our Death cross with us having regained that 200 EMA. Here's a chart picture for reference from a couple days ago I took:
🔥 I highlighted those peaks to watch out for a breakout and that brings us now to today's chart:
🔥 I've added this blue dotted line to signify our resistance, if we get any breakouts or bullish runs watch that blue line for what'll be resistance no doubt, that being said if we can break it again I can see us breaking out of the 0.60 cent range soon enough with how things have been.
🔥 With the Fed Rate's Cut of 0.5 percentage points that's no doubt raised sentiments as of lately and the market's seemed to love it, especially crypto with Bitcoin leading the pack from it's low of roughly $54,000 in September to $64,000 signifying this bullish sentiment.
🔥 That being said the 200 EMA's are playing a huge role in things for technical traders so I'd keep an eye on that but we've got something else to note:
🔥 When we look at the big picture for the last month or two we see that we're in this sort of middle point, we've seen 0.45 to 0.66 cents in a relatively short period and we already see how dramatic the market can be, so do keep that in mind, whether or not we lose or keep that 200 EMA can help determine whether or not we can get a possible breakout or if we'll fail to sustain that pressure and retrace, reverse course.
🔥 I've got to run but wanted to put something out while I had the chance, overall even if we fall and retrace, things look bullish especially with XRPL development the future looks bright for XRP regardless of what the charts do, that's the biggest picture note I've got.
🔥 Thanks for tune in as always and wishing well till next! Have a great day and keep up all that you do!
~ Rock '
Can the price of XRP really go that high? This chart shows how it could be possible for the price of #XRP to reach the coveted $589 price target. I'm not a big fan of these extravagant price targets in short time periods, but I do firmly believe that they are attainable given enough time and the right circumstances.
Good luck, and always use a stop-loss!
T minus two weeks to SEC appeal deadlineThe SEC has until October 7th to file an appeal in their securities case against Ripple. Some suspect the recent debut of the Grayscale XRP Trust suggests there won't be one.
The XRP price has shown sensitivity to big dates in the case, and the SEC seems bent on pushing further action in new forms. Closure of the securities case itself though could be the catalyst that sets the XRP price free to climb. On the other hand, an appeal could last to a precipitous drop!
XRPUSDXRPUSD @.59026 RSK .60560 TP .55855 TP .58956 Following previous analysis after a strong move to what could now be HOM. Did not like the previous entry taken so went ahead and closed out. This re entry will be our weekly outlook moving into the end of September.
Trade Your Life Away!
