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XRPUSD trade ideas

XRP Will break out before 2024 is over Since the All time high at 3.14 dollars back in 2017 XRP have been creating a 7 years symmetrical triangle. This is the longest symmetrical triangle i have seen, and XRP have been held down by SEC for 3 years. The lawsuit is now over, and when xrp breaks out, people are going to go crazy. There are two things that will make people sell: 1. Big red candles 2. Long time with no bullish price action When XRP moves, its going to move fast and high, its been held down for too long now. MY TARGETS IS ALWAYS BASED ON FIBONACCI, keep it simple and take your profits. XRP will surpass 10$ (more than 20x from here)
BITSTAMP:XRPUSDLong
by sivertbb
2
XRP target is still 0.32 not 400$ lolRetesting of a broken weekly triangle with a strong rejection candle and long wick (technically we still need to wait for 3 candles to close below or breakdown of 0.53 support for confirmation) I see no reason for going higher than this because most of this move happened on low volume weekend and some nonsense news like the anniversary of last year's pump! Without any extra demands in this area by retail traders sooner or later we will see retest of support from 3 years ago only then I expect greed and accumulation start again (which means more time for Ripple to dump its holdings)
BINANCE:XRPUSDShort
by uchar1
4
XRP - A misdirection to Bitcoin's final magic act? Possible scenarios: 1. BTC breaks through ATH and it's dominance grows continuing to suck money out of other assets, followed by marginal lackluster ALT rallies 2. BTC gets rejected at ATH and uses XRP rallies to muster up wounded dog pumps 3. BTC and XRP decouple and XRP rallies on its own Two out of these three scenarios has the targets in the chart above! Peace! Disclaimer: These are not trading signals. Trade at your own risk!
KRAKEN:XRPUSDLong
by TulpenFieber
7
XRP Fresh View (Based On The Daily Chart Only — 3.3 Min. Read)So this is the one... I looked at the chart first and immediately wanted to project my own thinking into it; like I couldn't read it but instead would start thinking what "ought to happen" based on pre-conceived ideas. I know you guys like these analyzes so I closed it and promised to revisit again. I am back and we will focus on the daily timeframe. Later on we will look at the long-term timeframe. ➖ We will ignore all the trade-ideas of the past and develop a new market perspective. ➖ We will look at XRPUSD in isolation, what is the chart saying? We have a clear bounce after a lower low. A natural market reaction. This bounce leads to a lower high and now we have high bearish volume. 👉 Short-term it is looking bearish, it is that simple. For this chart setup to become invalid a move and close daily above the 31-July high (0.658) would be necessary. Any trading below this level and the bearish bias is active. This is only short-term. I don't think we have to worry much about the bears... It is all coming to an end. We are in August now of the year 2024 and only a few months left for selling. After the final selling frenzy we will have sustained, long-term growth; and this is what we've been waiting for... Thanks a lot for your support. Namaste.
BITSTAMP:XRPUSD
by AlanSantana
10
XRPUSDMan it's been a min since I've done this one. Ive been waiting for the .37000 range to get tapped for a while and we just about hit and bounced to the upside. As of now I'm looking for retests to continue in this major bull run coming. If we hold above this weekly zone I would think we would be pushing back above the .59500 level. If we don't, I believe the double daily area would be a great support area before continuing bullish. We will see how this plays out .
BITSTAMP:XRPUSDLong
by HighermindsXRP
9