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!
XRPUSD.P trade ideas
XRP may finish correction soon In my MHO 30% correction is enough for XRP to break the previous all time high. The best decision to DCA is right now and the next support level. DYOR
XRPUSD should correct before any further leg up
The party could continue but a correction is overdue. We're in a distinct Wave 5 move on the 2hr with several key indicators firing. Overbought on multiple oscillators.
Additionally, profit-taking from recent XRP gains, driven by optimism around partial legal victories, could add selling pressure. If trading volumes drop, it could amplify the downside move, before another (potential) leg up.
In the Golden Zone. Will it Retrace?Based on the Fibs i think it can retrace back up. Had to have a pull back.
XRPUSD 4H Frame AnalysisWe are seeing XRP breaking resistance at a good pace, having pullbacks to get liquidity before keeping the uptrend. In this scenario we see XRP trying to break the previous relative ATH.
Throwing a fibonacci it give us a possible area for a pullback, where the price can accumulate more liquidity before deciding to test the 2,00$ target and break further highs.
Keep your eyes peeled. Boost, share and comment any ideas that can add up more knowledge to it.
Thanks family!
$XRP Broading FormationNot Financial advice.
CRYPTOCAP:XRP still inside this weekly time frame broadening formation. price might still retest the bottom of the formation. only time will tell.
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$XRP bullish formationSEC #Lawsuit Resolution, new Banking #Partnerships, #Payment Network Integrations and #Ripple $RLUSD #Stablecoin approval are the upcoming events that could drive the #XRP price in the near future.
#XRP➕When the market identifies 3 lows on a corrective wave, it usually goes back down to the 50% Fibo of the last wave that identified the third low.. (Commander's word 😐)
XRP Christmas Rally Imminent! New All time high incoming!!BITSTAMP:XRPUSD Your last opportunity to get XRP at a discount before it goes parabolic is presenting itself. $1.52 -$ .1.50 is the target bottom....
If it doesn't get back down to $1.96, then that means $1.96 was the bottom, and we would backtest that level and break straight out of this bull flag pattern! 🚀
reversal of this downtrend, an ABC correction, could possibly be complete by the 11h of Dec.
Support for XRP?I think if XRP can stay above the triple peak it may be able to use that line as support and continue sideways above $1.95 USD but if it closes a daily or weekly candle below I think we could go back down and trade on the lower trend line again. Time will tell.
ABC Correction on XRPBased on current Price action an XRP might be doing ABC Correction before continue moving upwards. Unless a very Bullish News on XRP shift the Market Sentiment.
stair step into 2025There maybe a couple of buying opportunities before 2025 and possibly a short gift of 3$ before venturing into the new year where ATH will be tested and broken. Good luck to all and Happy Holidays.
XRP Weekly ChartHuge moves up since Trump won, see if this can reach ATHs going into 2025.
A huge retracement is possible but very hard to go against all the positive news for Ripple.
bullish flagContinuation Pattern: The bullish flag is considered a continuation pattern, meaning it suggests that the price will likely continue to rise after the consolidation phase.
Volume: During the flagpole phase, there is typically high trading volume, indicating strong buying interest. During the flag phase, the volume usually decreases as the price consolidates.
Breakout: A bullish flag pattern is confirmed when the price breaks out above the upper boundary of the flag with increased volume. This breakout signals the resumption of the uptrend and is often seen as a buying opportunity.
In summary, a bullish flag on the daily chart indicates a temporary pause in an uptrend, followed by a continuation of the upward movement. Traders often look for this pattern to identify potential entry points for long positions
bullish flag on the dailyContinuation Pattern: The bullish flag is considered a continuation pattern, meaning it suggests that the price will likely continue to rise after the consolidation phase.
Volume: During the flagpole phase, there is typically high trading volume, indicating strong buying interest. During the flag phase, the volume usually decreases as the price consolidates.
Breakout: A bullish flag pattern is confirmed when the price breaks out above the upper boundary of the flag with increased volume. This breakout signals the resumption of the uptrend and is often seen as a buying opportunity.
In summary, a bullish flag on the daily chart indicates a temporary pause in an uptrend, followed by a continuation of the upward movement. Traders often look for this pattern to identify potential entry points for long positions
XRP/USD 12/17/2024XRP/USD Daily Chart Analysis
XRP is one of the OG altcoins that has maintained significant hype over time.
• Accumulation Phase:
After being dropped on Coinbase in July 2023, XRP experienced a steady decline, entering an accumulation stage that persisted through November.
• Breakout and Uptrend:
In mid-November, massive volume flooded into the coin, breaking it out of its accumulation phase. Following this breakout, the price entered a strong uptrend, consistently respecting the 10-day EMA.
o The uptrend pushed the price +265% in just two weeks.
• Consolidation and Triangle Formation:
After reaching its peak, the price began consolidating sideways, forming a triangle pattern. For those who missed the initial breakout, this pattern provided a potential entry opportunity.
• Current Price Action:
Today, the price has broken above the triangle pattern, signaling a continuation of the uptrend. The 10-day EMA remains intact as support, reinforcing the bullish sentiment.
o The MACD is in bullish territory but still below its signal line. However, the contracting MACD histogram indicates a possible MACD crossover above the signal, which could provide the momentum needed for a sharp move upward.
o Expect volume to increase, similar to the initial breakout phase.
________________________________________
Trade Setup (Long Position):
• Entry: 2.5427
• Stop-Loss: 2.1213, -16.57%
• 1st Target: 3.6723 (+44.43%) | Risk-Reward Ratio: 2.68
• 2nd Target: Trailing the 10-day EMA on the daily chart.
________________________________________
Conclusion: With the breakout from the triangle pattern, the strong 10-day EMA support, and the improving MACD setup, XRP looks poised for another substantial move north. Volume is expected to flood in, mirroring the breakout momentum observed in mid-November.
XRP - might just be ready to challenge the ATHLooking at different levels - broke though the down side and now respective going to aLH #XRP
XRPUSD: Key Support at 2.3159 for Upside or Bearish MoveHello,
BITSTAMP:XRPUSD has experienced more support than expected at the 1W support level. If the 1D support at 2.3159 fails to hold, we could see further downside. However, if it holds, there may be potential for upside. At this stage, a bearish continuation seems the most likely direction, though we shouldn't completely rule out the possibility of the opposite happening.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
XRP/USD on a 4-hour timeframe0.382 (~$2.20): Price has bounced from here after retracing from the recent high.
0.618 (~$2.00): This area would act as a strong support zone if price drops further.
The price is currently hovering just above the 0.5 Fibonacci level, which often indicates a consolidation phase where the market may decide the next directional move.
Previous Trend: The preceding price action shows a strong upward movement, suggesting bullish momentum.
Current Behavior: Price appears to be consolidating after a pullback. This could indicate:
Accumulation for another upward push (if bullish pressure remains).
Preparation for a larger retracement if bearish sentiment takes over.
3. Key Levels
Support:
~$2.20 (0.382 Fib level)
~$2.00 (0.618 Fib level)
Resistance:
~$2.60 to $2.70: This area has capped price advances previously.
~$3.00: A psychological resistance level and potential target for a break
Typically, during consolidation, volume drops, indicating low conviction. If volume spikes accompany a move above $2.50, it could signal a bullish breakout.
The chart highlights vertical lines and icons around December 16-19, which could represent key fundamental events (e.g., regulatory decisions, token unlocks, or macroeconomic data releases). These events might influence the price heavily.
Buying Scenario:
Wait for a breakout above $2.50-$2.60 with strong volume.
Set a target near $3.00 with stop-loss near $2.20.
Selling Scenario:
If price breaks below $2.20, consider a short with targets near $2.00 and $1.80.
Patience is key to waiting for clear confirmation of the next move.
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 bearish unless I think if we close the second monthly candle in the green we could start a new trend but if not it looks like a slow dive back to the lower trend line. Going through large swings and large corrections until that flip gets switched.
Slight pull back before the releaseRemember, coins like XRP, BTC are long term investments. Of course everyone would love for this to shoot straight up to the moon, especially after waiting for so long for the long term people. But with recent attention and much more bigger investors, more public acknowledgement of what XRP can do for the world, up to quick now gives way to a pullback to shake out weak hands and allow for more coins to get picked up. I see a potential pull back, at least close to the ladt support line of around 1.48-1.60 area. This would be my ideal spot, even 1.70-1.80 to be safe.
