XRP last runThe XRP community knows by now about the triangle breakout.
This fractal shows what happened in the 2017 bull run.
Could history repeat? Or will it take more time?
XRPUSD.P trade ideas
You think your geometry is enough?See bunch of posts showing a false breakout. ADX needs tripple bottom on the +DI for it to gain momentum for god candle to 165.
Ripple Is Breaking Bullish TriangleWe talked about Ripple with ticker XRPUSD back on September 12, where we mentioned and highlighted that a larger bullish triangle pattern in wave IV is coming to an end that we may see a bullish breakout for wave V.
As you can see today on November 15th, XRPUSD is breaking out of a larger bullish wave IV triangle pattern, which means that wave V can be already underway, especially if breaks 0.95 bullish confirmation level, just watch out on short-term pullbacks.
The reason why Ripple could extend higher is the upcoming launch of Ripple USD (RLUSD). Ripple USD (RLUSD) is a new stablecoin aimed at bridging blockchain and traditional finance. Designed for enterprise use, RLUSD focuses on stability, efficiency, and transparency, enhancing Ripple’s cross-border payments and meeting the demand for USD transactions.
XRPUSD Ripple vs SEC and Technical Analysis Weekly **Fundamental Description: XRP and SEC Lawsuit Update**
The ongoing SEC lawsuit against XRP has taken a significant turn as legal developments appear to favor Ripple. Adding to the optimism, there is speculation that if Donald Trump returns to office, SEC Chair Gary Gensler may face dismissal. This potential leadership change could bring a more crypto-friendly approach to regulatory policies, further boosting sentiment around XRP. Such developments, combined with Ripple’s growing use cases, strengthen the market’s confidence in XRP's long-term potential.
**Technical Analysis: XRP Price Action**
On the weekly chart, XRP has successfully passed the 0.786 Fibonacci retracement level from its all-time high, a notable bullish signal. However, the price is now testing the resistance at the July 2023 high. With two critical resistance levels in play, it’s prudent to wait for the weekly close to see how the price reacts. A clear breakout above these resistances could signal further upside, while rejection might indicate a period of consolidation. Patience is key as the market seeks direction.
$XRP Historic Breakout IncomingIn all the years I've been trading cryptocurrency, I've never encountered a bull flag that has been forming for a full seven years. Such a phenomenon is virtually unprecedented and could herald one of the most monumental and historically significant breakouts in the crypto market.
We may be standing on the threshold of an event that will not only attract the attention of the entire financial world, but may also set an entirely new development vector for the entire crypto industry. This pattern is already starting to break through, this could be the moment that changes everything, opening a new era in the world of digital assets.
XRP eyes on $0.8522: Golden sister of our bouncer may form a TopXRP rising with crypto tide has arrived at a Golden Genesis fib.
Golden fibs (1.618 exponents) are always strong contenders.
Especially true when the sister Golden was an exact bouncer.
$ 0.85220 is the Golden Genesis fib to watch.
$ 0.74683 is first (minor) support fib below.
$ 0.95756 is next above (drag down on price scale)
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Xrp - This Triangle Wil Double Your Money!Xrp ( BITSTAMP:XRPUSD ) is retesting a major confluence of support:
Click chart above to see the detailed analysis👆🏻
For a couple of years now, Xrp has been trading in a bullish symmetrical triangle pattern. As we are speaking, Xrp is retesting the lower support trendline and also a horizontal support level. It is quite likely, that we will eventually see a breakout above both triangle patterns on Xrp.
Levels to watch: $0.5, $0.6, $1.0
Keep your long term vision,
Philip (BasicTrading)
XRP - Bear Move In SightXPR, since it's positively correlated to BTC, is also about to tank hard. The bull run is almost over.
XRP weekly breakout - monster upside ahead?!The XRP weekly chart staged a crazy upward breakout through a longstanding triangle formation. The price exploded above the 200 week moving average, and now we can realistically start thinking about the height of that triangle formation to project price targets.
$3.00 looks a likely target using this sort of projection, and is conservatively well below the all time high around $3.8. Technically we now keenly await a golden cross on the weekly as confirmation of a bullish trend. The best thing about betting on a coin like XRP is its deep liquidity. XRP is not nearly as speculative as the GOATs (meme coin) of the world, yet ships with massive upside potential.
The Calm Before the Breakout: XRP’s Next Move
The chart for XRPUSD shows several bullish signals, pointing towards a potential breakout. The price is currently trading above the EMA Ribbon, a clear sign of sustained bullish momentum. Although the TSI (True Strength Index) had been in a downtrend, it has now crossed above the zero line, signaling a shift in momentum. Historically, similar TSI crossovers while the price is above the Ribbon have led to significant upward moves.
The price recently rejected the 0.9200 resistance level but has been consistently forming higher lows, indicating growing bullish pressure. Additionally, despite the last bearish signal from the Signal Builder, the price quickly rebounded, showing strong resilience.
With the ascending wedge pattern in play, a breakout above 0.9200 seems imminent. The next major target lies at 4.2800, based on weekly Fibonacci projections and historical resistance levels.
👨🏻💻💭 What’s your take on XRP’s potential? Could we be gearing up for a massive rally? Let’s discuss!
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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.
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
XRP Multi year breakout Wave 5 impulse incoming Today, I will show you the emergence of a long-term upward trend for XRP, which suggests the continuation of the development of the primary wave 5 cycle with a minimum target of $5.
Since we have broken out, it is possible to look for a long entry point at any retracement.
MOON TIME has finally come for XRP In this chart I have set up possible outcomes for the direction of XRP We need to see some more closures but we are off to an amazing start . Bags have been packed for a while just had to dust them off lol
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.
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 $0.6860, our official profit target.
Next targets if it breaks thru .75.75 is resistance but if it breaks thru, next targets are .83 and .95
XRP GofishXRP looks like it wants to make a break out from its second cycle fractal pattern which from the fractal it copied from its first cycle was much smaller in scale. Macro Diamond Pattern lets go fishing!
XRP is ready for a big move to 10$ 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
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.
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.
