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XRPUSD trade ideas

💥 XRP GETTING READY TO SPRING? READ 💥💥 Been a pretty interesting week everything considered, Bitcoin managed to hit that $45,000 mark only to be hit with a flash crash following a rather innocuous article coming out on behalf of an author from Matrixport who gave their thoughts on why they think the SEC will reject a spot Bitcoin ETF once again which promptly spooked the market into a rather quick sell-off which recovered just as quick. Below is a link to that matrix article for reference. www.matrixport.com 💥 Main catalyst here was the fact that off that article which spooked investors some whales definitely sold rather large positions across the crypto market prompting the fall which was only sunk further due in part to Long future positions being liquidated which created a domino effect and cascade. We've seen this before and this time was no different. This was Bitcoin's biggest drop in over a month with nearly $700 million in liquidations over the 24 hour period of January the 3rd. Bitcoin accounted for $170 million of that and all of the data is thanks to Coinglass of course. Here's a link below to a reference article. cryptoslate.com 💥Anyway, that dragged the market down before we got a prompt recovery though that doesn't mean we got out of the waters. Since the drop we've struggled to break back above 0.60 with us then forming this line of resistance helping to make up the current descending triangle we're in at the moment. I've added that in accented black lines below to display the triangle. And below are two option's or cases with breakouts happening to both the upside as well as the upside for visual representation. 💥 A breakout is definitely what traders are waiting for right now, we've seen this time and time before especially with XRP, for whatever reason XRP love's these descending triangles after those big mountain falls and more than likely we'll get a spring back up which could help us see 0.60 broken should traders get that confirmation and regain the 200 EMA which we also have drifted far apart from, a meeting soon could be due. Below is a quick reference to the same descending channel from yesterday: 💥 Also watch 0.571 to 0.584, that's the second horizontal channel since we've fallen and has also been our main resistance at 0.571 since we fell out of that channel itself. We get that break out and break back into the second channel we'll probably have a pretty good chance at facing 0.59 and possibly breaking 0.60 too in the process. Here's a chart of the second channel from yesterday. I wasn't able to finish the post hence the title. 💥 There's no guarantee though, that's just a possibility as always till it happens, so just as we can get that breakout to the upside we can get rejected and get a breakout to the downside past that 0.560 level of support. Personally I see the chances of that being relative low unless we got some new update or negative article out regarding crypto or Bitcoin. 💥 XRP has a lot of support at 0.55 as this flash drop highlighted with that sharp pullback up and has managed to keep above 0.56 ever since then only having it's wick dip down below in a few instances. I'll keep the idea short and leave it here for now, I'm sure you all have a lot going on today but wanted to get some objective thoughts and a couple possible ideas of what our next move's may be looking like. 💥 With that all being said I appreciate you guys for sticking by my side, especially if you've made it this far in the idea. Thanks for taking the time to read some of my thoughts, hope you all are doing great as always, wishing nothing but the best till next! WE got this! ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
5
XRP MASSIVE BEAR FLAG ABOUT TO PLAY OUT TO 16 CENTSXRP chart looks terrible. Volume is dropping, interest is dropping. A massive and obvious bear flag is forming, I dont know how no one can see this and people are still buying this thing. This was just an extended bounce for wave B of this correction from XRP top. XRP is losing strength, it failed to make a new high in the least bull run and is now slowly bleeding out. Its going to take a while to bleed out because of how many bag holders there are and how much silly youtubers keep pumping this thing. Its unfortunate that many are going to lose their shirts on this thing. I used to think that maybe XRP could do some amazing things but after doing more research and looking into on chain metrics I am now convinced this was the biggest pump and dump in history. It looks like XRP is going to dump hard down to single digit pennies in the not too distant future. What will cause this sort of drop you may ask? Well probably the obvious that the SEC will get their way as they always do and XRP will be considered an unregistered security or another lawsuit and people holding get impatient and dump. Who knows, all I know is that its about to tank. Maybe one more quick fakeout up into the 70 cent range to the top of the bear flag, and then whoosh, pull the rug. It is hitting some really strong resistance right now so Im not sure if it can actually break through this. RSI as you can see is pointed straight down on the 2 WEEK MACD also pointed straight down on the 2 WEEK Not financial advice just my opinion.
BITSTAMP:XRPUSDShort
by Bitgolder
40
"Mission Control" check & check... countdown to extinction. Two candles holding up launch pads. I feel XRP's time is getting close for a major move up. Hold on for our demise with the WEF- world bank -central bank -blackrock clowns that want us in cbdc(s). Decentralized? Bleh! The unelected elite are in control. Everything else you see is smoke 'n mirrors, a grand opera for their honeypot (promises of wealth) scheme that's been in the works for decades. Decades!! They act like they don't want it but, they've been in it, manipulating all along. When ETFs are approved, and of course, it will be... it'll be the first step to legitimizing cbds which is what the power elite have always wanted. And of course the first step to a cashless society and totalitarianism. They will see everything and turn it on and off if you don't toe the line with their ESG scores ruining U.S. corporations or mandates. Where in The SCRIPT ures have you read that? See 1988 The Economist "Get ready for a world currency" with a XLM design token chained to the Phoenix with 2018 on the coin and cash burning around its claws. A WEF stooge just took control of BNB you know? The Writing is on the Wall. Let them know, that you know, that their acting doesn't fool anybody! Because these people think we are cattle.
BITFINEX:XRPUSDLong
by Nobueno
2
XRP Price 24H/48H Gemini PredictionHi Guys. So I been running many tests using Google Gemini Pro Vision AI Model which I have fine tuned by refine tuning the prompt as well as seeing which chart image combination and time frames as well as historical data timeframes work best in order for the model to generate it's most accurate and best possible predicted answer. /// Predictions for 24hr/48hr XRP //// /// Provided by Gemini Pro Vision //// XRPUSD is XRPUSD is currently trading at $0.5875, down -1.41% in the past 24 hours. The RSI indicator is oversold, and the MACD indicator is showing a bearish crossover. The price is also below the 200-day moving average, which is a sign of a downtrend. Therefore, I predict that XRPUSD will continue to fall in the short term and reach a low of $0.56 in the next 48 hours. /// END ///
BLACKBULL:XRPUSD
by Y2K_B
2
XRP - The Correction Will Be Prolonged Here's Why...In this update, I endeavor to clarify our current position within Wave B of Wave iv within the broader downward movement of Wave E. The intricate, fractal nature of the waves might make the explanation less straightforward, but I strive to present the material as clearly as possible. Going forward, I will ensure clearer labeling for better comprehension. It's increasingly evident that this correction will unfold gradually, so caution is advised against news articles proclaiming an imminent breakout. Many analysts tend to be incorrect in their predictions, as you may have noticed by now. The most reliable indicator remains price action.
BITSTAMP:XRPUSDShort
by AriasWave
The trendline that keeps on keeping on giving!So here we have my minimum price prediction for Xrp come 2031! I believe that minimum price WILL BE $7 and no less in 8 years! This trendline has been just paying everyone in Xrp since Xrp's inception. I don't see this stopping anytime soon especially for Xrp's adoption in the next 8 years! You can be safe in the knowledge of how much you'd like to invest into Xrp and/or dollar cost average in. If prices tend to go higher than the minimum forecast for 2031 in the nearest future.. over the next year or two would probably be a good time to consider selling a portion (or percentage) of your Xrp. Don't ever let your earnings go back into the downturn if there's such good opportunity to sell at lucrative highs. So this would be a good guideline to follow so you don't miss out on potential future profits. Happy earnings and prepare now.
BITSTAMP:XRPUSDLong
by Immortalsouls
10
Update for current Xrp prediction pathway.Obvious from the current drop.. and comparison to my predictions for Xrp that was drawn up on September 29th. My prediction path is slightly ahead of the forecast but you can see it's still rhyming. It's also noticeable that the huge dropdown wick we just had (probably a bot trade) didn't fall too much past our first initial trendline. It's been a support that's a strong gradual incline since Xrp's inception and so there's no reason why prices will ever go much lower but continue until the next bullrun. I believe this bullrun will begin from February to March so be ready!
BITSTAMP:XRPUSD
by Immortalsouls
3
XRP - Awaiting MACD monthly bullish cross above 0 confirmation!*Important - Once the majority bashes crypto and calls it a scam calling for lower targets (like how many did in 2018 and missed out), that is when I will be all in! Whales/elites will not miss any opportunities to make money. They simply buy the fear, hype up the market, take profit and crash it again after taking profit. Instead of beating then, lets ride with them! ;) Majority got Rekt last year due to listening to the "Bullish" Narratives the media and Social Media Influencers were portraying last year! Stop listening to them and start paying attention to the technicals. Before reading, get rid of your moonboy mentality and no emotions for dips/corrections! Cannot rule bearish scenarios! Dips are for buying!! People are so focused on the hourly/daily timeframe that they get emotional on every dip! Take a step back to the weekly/monthly timeframe and see why I'm so bullish now. Stop looking at the short-term dips/rise. Short term is irrelevant for the move that is coming! You can't be emotional in these markets (stocks, forex, crypto, real estate, etc.). You will lose this game following the news and doing what the majority does. News creates emotions. Everything you need to know is on the charts. News is manipulated by the elites, and they take advantage of our emotions. Stop listening to the news and pay more attention to the charts. Don't follow the majority, because the majority will lose in the end! Also, don't buy the hype when everyone is buying... instead buy the fear when everyone else is selling. Everything is on the chart! Cryptocurrencies are on the verge of exploding higher. Dips/Corrections are normal and needed in a bull market and are buying opportunities! Huge gains opportunity in the coming months! Never trade blindly. Use multiple indicators to make calculated decisions. Trade with no emotions! "If you can't beat the fear, do it scared!" "Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet. "Markets are a device for transferring money from the impatient to the patient. - Warren Buffet "Show me the charts, and I'll tell you the news." - Bernard Baruch "The secret to investing/trading is figuring out how rich you want to be and how poor you're willing to become." "If you want to live like the 5% of the population who are hugely successful, then don't act like the 95%!"
BITSTAMP:XRPUSD
by jaydee_757
16
XRP - THE ROAD TO 1.20-1.30$ EXPLOSION FOLLOWED BY CORRECTIONXRP is holding 0.55$ Support area after the recent liquidation. If it maintains at this level, we can continue with the movement and climb up towards 1$ at least. The conservative de-risk play, would be around 1.07-1-13$ . While most ambicious one is around 1.20-1.30$. This triangle is in play and we are in PHASE D. This is why is still have this impulse left towards a dollar and above. After that, I can say we may visit again the 0.60 territory. This may sound crazy, but this is how the overall cryptomarket is looking. We are in the Wave 3. Once this finishes, Wave 4 corrective, A,B,C comes. Therefore, we must prepare to capitalize even more. **PREPARE NOW. GET INTO POSITIONS. HOLD AND DO NOT DOUBT**
BITSTAMP:XRPUSDLong
by xReve
1
XRP - I Believe This Count Explains Why It's Taking So Long...In preparation for the upcoming significant bull market rally for XRP, my objective is to formulate an exceptionally bullish interpretation without compromising the analytical integrity. I believe I have achieved this with my latest perspective, elucidating the reasons behind the choppy price action since the commencement of the downtrend in April 2021. Employing the AriasWave methodology, I meticulously detail each wave, adhering to the established guidelines that elucidate the downward trajectory since that pivotal period. While I initially mentioned discussing the XLMXRP crosspair chart in this video, I've decided to reserve that topic for the subsequent video.
BITSTAMP:XRPUSD
by AriasWave
1
Crypto markets are definitely bullishHello there, I hope you're having a great start to the new year. I wish you all the best in your trading ventures and a happy new year with your loved ones. I'm a fan of the Elliott wave principle, which I find interesting and useful for market analysis. I've developed my analytical approach by combining this principle with my personal experience and considering various scenarios that are likely to occur in the market. Although I'm going to share my analysis with you, please note that I won't be providing a buy or sell signal. My goal is to share my unbiased analysis so that you can use it as a guide to make an informed decision. To give you confidence in my analysis, I'll always share my previous analysis from the same market so that you can compare. All the details of my analysis are clearly labeled, making it easy for you to understand. I hope my analysis will be useful to you in your business journey, and I wish you the best. I'm waiting to hear from you. Finally, I'd like to remind you that like-mindedness and support, comments, and likes are the most important pillars of progress, like support points in the financial markets. They give me the energy to continue and share more ideas with you. Sincerely,
CRYPTO:XRPUSDLong
by mehdi47abbasi79
$xrp👇🔥 CRYPTOCAP:XRP : A Bullish Triangle Ready to Explode 📷Introduction: CRYPTOCAP:XRP has formed a triangle formation in the price chart RSI and MACD are also forming triangles Bollinger Bands are squeezing Our proprietary oscillator is coiling MACD is flirting with the Zero line Key Takeaways: Multiple bullish signals suggest an imminent breakout to the upside Triangle formations in price chart, RSI, and MACD indicate potential upward move Bollinger Bands squeezing and MACD coiling add to the bullish sentiment Proprietary oscillator is also coiling that leads to increasing momentum Conclusion: CRYPTOCAP:XRP is poised for a breakout to the upside Keep an eye on this exciting development Share your thoughts and predictions in the comments below 📷
BITSTAMP:XRPUSDLong
by TradingBTC1
XRP- Identical pattern with Price projection 2024The price could break either way out of symmetrical triangle. It seems to me that the price has completed triangle pattern abcde which is the wave B of larger degree wave A. The smaller degree wave (b) was also a triangle pattern which was formed from Dec 2013 till Jan 2017 and then it rallied up. The same pattern is now again on the card which has been continuing from Jan 2018 till Jan 2024. It suggests that it will break the BD resistance. The price is still hovering around the 50ma and 200ma.
BITSTAMP:XRPUSD
by sanv-TPD