So around $1.2 is the new support zone for XRP! Looks like XRP got some nice support at $1.2. Keep buying fellas!
XRPUSD trade ideas
XRP, 5 years long triangleWhile other coins building finals waves in their correction structures before going up, there is XRP, who had been in a relative consolidation for previous almost 5 years. And now it may soar as big triange completes its formation. Although, it may continue, there is a decent impulse (marked red) with unclear correction. At .44, I suppose, it will be good to stard accumulating long position with targets at 2.0+
And, as far as this is a triangle, which occurs on a position of wave 4, here I see one more evidence, that this growth will be the last on the whole crypto market for many years ahead.
XRP failed to break the resistanceIs another downfall waiting for the XRP? This crypto failed to stabilize over the resistance zone.
XRPUSD LONG This is just my idea and opinion about the projection of XRPUSD pair, on the long term.
By the looks of it, and with the events coming up with the US elections results, clarity in crypto regulations coming up, and also possible future ETF applications this could be few triggers for a Long position.
Could XRP Do the Same % in DEC as 2017 ?????So maybe I'm too hyped about this Coin because I've been stacking for so long & hold since 2020 but just curious on everyone else's thoughts. When I measured the % of the first few weeks of December 2017. The gains seemed huge, First week was 294% Second 94% then Christmas week was another 159%. You think with the case being over, all the Connections / partnerships / ETF filings / Ripple stable coin launching soon, could turn this thing into a GameStop type of Bull Run ??? Just everyone just so much FOMO its just starts to just go Banana's ...... Bags packed / Space Suit on
Lets see if this happens I'm down
Is Ripple's XRP ETF the Next Big Investment Opportunity?
The cryptocurrency market has been excited as Ripple's XRP token continues its upward trajectory. The recent surge in XRP's price, coupled with a significant development in a new ETF application, has fueled optimism among investors.
WisdomTree Joins the XRP ETF Race
WisdomTree Investments, a prominent asset management firm, has taken a bold step by applying with the U.S. Securities and Exchange Commission (SEC) to launch an XRP exchange-traded fund (ETF). This move is a significant development in the crypto industry, particularly for Ripple and its XRP token.
WisdomTree's decision to pursue an XRP ETF aligns with the growing interest in digital assets and the increasing institutional adoption of cryptocurrencies. By applying in Delaware, a state known for its business-friendly regulations, WisdomTree aims to streamline the regulatory process and potentially accelerate the launch of the ETF.
XRP's Stellar Performance
XRP has emerged as one of the top-performing altcoins in the recent crypto rally, experiencing a remarkable price surge. The token's value has soared to levels not seen since 2021, captivating the attention of investors and analysts alike.
Several factors have contributed to XRP's impressive performance:
1. Positive Legal Developments: 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 or settlements, can significantly impact the token's value.
2. Increased Institutional Interest: As more institutional investors recognize the potential of cryptocurrencies, XRP has gained traction. The growing interest from traditional finance players has led to increased demand for the token.
3. Strong Network and Utility: XRP's underlying technology, the RippleNet, offers fast and efficient cross-border payments. The network's growing adoption by financial institutions has solidified XRP's position as a valuable digital asset.
4. Positive Market Sentiment: The overall bullish sentiment in the crypto market has also benefited XRP. As investors become more optimistic about the future of digital assets, they are allocating funds to promising projects like Ripple.
The Future of XRP and Crypto ETFs
The filing of an XRP ETF application by WisdomTree is a testament to the growing institutional interest in cryptocurrencies. If approved, the ETF would provide investors with a convenient and regulated way to gain exposure to XRP.
However, it's important to note that the SEC has historically been cautious about approving crypto-related ETFs. Regulatory hurdles and concerns about market manipulation and investor protection have often delayed or prevented the launch of such products.
Despite the challenges, the increasing number of ETF applications for cryptocurrencies, including Bitcoin and Ethereum, suggests that the regulatory landscape is gradually evolving. As regulators better understand the crypto market and its potential benefits, we may see more approvals for crypto ETFs in the future.
Conclusion
Ripple's XRP has been on a remarkable journey, and the recent surge in its price, coupled with the filing of an ETF application by WisdomTree, has further solidified its position as a significant player in the crypto industry. While challenges and uncertainties remain, the future of XRP and cryptocurrencies appears bright. As the industry continues to mature and regulatory frameworks become more supportive, we can expect to witness further innovation and growth in the years to come.
XRPUSD - Entry Setup at H1Trend: Bull
Phase: Retracement
EW: Completing wave 4 of Wave Y.
Plan: Wait for entry at Wave 5 of Wave Y.
CL: Close below wave 5.
TP: Wave 5 of the continuation trend.
Trade at your own risk.
XRP Momentum CaseGiven the news and the state of crypto market reaction, supported with technical analysis to unfold some basic insights of growth
ALT SEASON BREAKOUT! XRP to $1.78 & higher! Ripples & WavesBITSTAMP:XRPUSD
Keeping it simple, Alt season is here!!!
You can see it in the ripples & waves of the XRP Chart as they emanate outward from what seems to have been a massive buy bomb! and from the looks of It, it appears it was the direct hit we needed to finally propel XRP through the stratosphere !!
It seems by all metrics that we are set and ready for market expansion for the ALT coin market. XRP only moves with the broader crypto market, so a breakout in alts, means breakout for XRP. What's more, the only 2 possible moves left for XRP both lead to an imminent breakout. There could be a retest back down to $1.20 - $1.09 area, then we experience the parabolic breakout from there or, we break straight out from our current price levels of around $1.45.
Either way, exciting times are ahead. careful with leverage, protect your portfolios and just ride the waves...... 🌊
Xrp - The Bullrun Is Finally Starting!Xrp ( BITSTAMP:XRPUSD ) will finally break out of the triangle:
Click chart above to see the detailed analysis👆🏻
As expected and mentioned in basically all of my previous analysis, Xrp now broke above the first of two bearish trendlines. It seems like it will be just a matter of time until Xrp will also break out of the five-year consolidation symmetrical triangle.
Levels to watch: $1.0, $3.0
Keep your long term vision,
Philip (BasicTrading)
XRP - MAJOR Breakout - What To Expect NextMartyBoots here , I have been trading for 17 years and sharing my thoughts on XRP.
XRP 3 month is looking very strong, and looks good for more upside
Do not miss out on XRP as this is a great opportunity
Watch the video for more details
XRP Rally Over?Did XRP really top? Charts on crypto often tell made up stories. Lets see if we head lower throughout the week. Long, holding and want more : )
XRPUSD Gathering Strength broken downward trend bull strike soonHI everyone,
XRPUSD has its long term accumulating and now broken downtrend.
XRP is still in accumulation area which can last upto .75 cents as you can see in the channel.
After the breakout of 75 cents, i am expecting a strong rally in XRP as i believe it is an institutional grade product and they are coming for solid product and what else to buy than a long boring accumulation and no interest from Retail.
On 3day chart, the rsi has clearly broken out from downward trend
Also, if you look into pairing with btc, you will see it is trying to hold support at double bottom.
if successful, it can get strong momentum till december and beyond.
As a target, i am expecting a minimum hit of 1.50 as a target which is in between .618 and .786 fib level.
Have a nice day and best of luck trading this pair at your own due diligence
Please like and subscribe for more analysis
Can XRP go beyond $1.6? Looking forward to the resistance zone for XRP. Need more liquidity and volume.
XRP's Parabolic Rally Sets the Stage for ConsolidationRecent Performance:
XRP has experienced a parabolic rally, tripling in value since mid-October. This explosive price movement has firmly established the long-term bullish trend.
Current Outlook:
Healthy Consolidation: A period of sideways consolidation or a pullback would be beneficial, allowing the market to stabilize and form a flagpole pattern. This structure could set the stage for the next leg up.
Upside Potential: If XRP resumes its rally after consolidating, it could aim for $2.50-$2.80.
Risks:
Overheating Concerns: A rapid rise to $2.50-$2.80 without a consolidation phase may indicate market instability. Historically, such sharp moves often lead to steep corrections.
Key Levels to Watch:
Support: XRP must hold above the $1.05-$1.10 range to maintain its bullish trajectory. A break below could indicate a deeper retracement.
Resistance: Beyond $1.50, the next key levels are $2.50-$2.80.
Outlook:
The path of least resistance appears higher as long as support levels are respected. Watch for consolidation or a retest of key levels before the next move. For traders, this phase offers an opportunity to assess risk and prepare for the breakout scenario.
#XRP #CryptoTechnicalAnalysis #BullishMomentum
XRP on the monthly Can it really be this easy for XRP to reach $1 trillion MC? Let's see how it plays out now that there are no government (bad actor) barriers to impede it's growth. I'm buying all dips. Generational wealth incoming!
XRPUSD: The Next Bull Run is NearXRPUSD is currently positioned for a bullish breakout, and I'm excited to share my analysis with fellow traders.
Market Context and Probabilities
In this environment, I will leverage probabilities to strategically position myself for long entries. The key support level at $0.54 has held strong, and breaking through the resistance at $0.68 could pave the way for a rally towards $0.93 and beyond. With the altcoin market gaining traction, XRP is poised to attract more buyers, especially if we see increased trading volume that confirms this bullish trend.
Global Fundamentals Aligning with Bullish Sentiment
On a broader scale, several fundamental factors are supporting this bullish bias. The recent US elections have injected optimism into the crypto market, contributing to XRP's impressive 134% increase since November 6. Additionally, ongoing developments in regulatory clarity around cryptocurrencies are fostering a more favorable environment for digital assets like XRP.
The combination of technical indicators and supportive fundamentals creates a compelling case for a bullish outlook.
Let's capitalize on these opportunities together!
P.S. If you have any questions about how I trade probabilities with the overall market direction, feel free to reach out.
12M:
2W:
4H:
XRP Long Term Trend TargetsWill be keeping an eye out at those levels.
Will most definitely will be taking profit and re-assessing the market when/if we hit those targets.
XRP's Intrinsic Value This Bull Cycle (QTM)The chart illustrates the application of the Quantity Theory of Money (QTM) model to XRP. According to QTM, MV = PT , where M represents the circulating supply of XRP (approximately 56.998 billion), V is the velocity of money (estimated at 9.675), P is the average price of XRP (noted as $0.60 currently), and T is the total annual transaction volume (approximated at $919.1 billion from November 2023 to November 2024). Using this model, the intrinsic price is calculated as T / MV , which equates to $5.00 under the assumption of a 5x increase in transaction volume during the next bull market, which is well in line with prior bull markets.
xrp falling wedge target $2.16liking what I see on the 1h timeframe
xrp broke out of the bigger bullflag
came back to retest $1.27 and turn resistance into support
we also see the price making higher highs while the rsi is making lower lows, this is hidden bullish divergence meaning we have 90% chance we break the high of $1.63 before losing $1.08
I am long, and you?
XRP.usd watch $1.47 then 1.57: Genesis fibs that may cause a DipXRP riding high on the crypto tide, stronger than most OG coins.
After blowing through many fibs, we might be at or near a top.
Expecting a dip from one of these fibs to Golden sister below.
XRP is Not Finished climbing After clearing 50% of sellside liquidity, testing support around $1.26, XRP appears to be taking another trend line toward long targets at $1.80 - $2.00 ...
Rough timeline for XRP cycle for newbiesXRP has gained some positive attention in the spotlight now that its getting some price action. While im hopeful this will continue for the remainder of the bull cycle, reality is no-ne really knows (at least outside of the inside traders :P)
However this Chart is simply to show the typical run-times for newer investors and where we look to be as things stand now.
