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XRPUSD trade ideas

Interesting indicatorsXRP is trying to find its range. A possible head and shoulders appeared in the ascending triangle, but it's hard to tell. 200 MA isn't playing the break and had a resistance rejection. If this is a head and shoulders, I believe there will be one more pump before a reversal. If not, it will break the ascending triangle to find new highs and lows. From a fundamental point of view, XRP is likely unstable because of its upcoming appeal, making traders skeptical of its short future. At this point, if you are serious about XRP, look at XRP as a long-term investor. Bitwise filed XRP ETF. (INVESTOR NEWS) - www.tradingview.com
BITSTAMP:XRPUSDLong
by LOWCO_487
MAKE ROOM XRP COMING THROUGHBINANCE:XRPUSD -XRP is starting to show signs of strength as it passes through the MICRO DEMAND LINE. Several attempts of trying to break through have been made in the past, but it just didn’t seem to have enough gas. Some hidden BEARISH divergence can be noticed on the RSI possibly signaling some pull back in the mix. The MACD is showing a full tank with plenty of room for some movement to the upside. A Textbook Elliot 5 wave pattern appears to be in its final making. This is a huge signal where noramlly a continuation pattern follows, breaking out of the contraction triangle. Higher highs will most likely be in the making, can’t wait to see how this coin performs the next year to come! -Not financial advice-
BINANCE:XRPUSDLong
by TheGemHunter
XRP SHORTThe chart shows a clear range that XRP/USD has been trading in from April to June, followed by a significant price drop. Currently, the price has rallied back towards a previous area of interest, indicating potential liquidity around the 0.65857 level. Trade Setup: 1. Entry: Look for signs of price rejection around the 0.6500 - 0.65857 zone, which is marked as an area of external liquidity. This area is expected to act as resistance, with the potential for the price to reverse from this level. 2. Stop Loss: Place a stop loss just above the external liquidity zone at 0.6650 to account for any potential fakeouts or spikes. 3. Target: The initial target would be around the 0.43120 level, where significant demand is anticipated. This is also the projected area shown on the chart. 4. Risk/Reward: The trade offers a favorable risk/reward ratio, with a larger downside potential versus the upside risk if the resistance holds. Additional Notes: - Monitor the price action closely around the external liquidity zone for confirmation before entering the trade. - If price breaks and holds above the 0.65857 level, reassess the trade idea as this would invalidate the bearish outlook.
BITSTAMP:XRPUSD
by SerenityEquity
3
XRP to 23 USD just by using past performance for ONLY 1st part !Using the logarithmic scale just to be able to show what REALLY happened after the ICO of XRP in September 2013 and the 'momentum' until March 2017 in a period of 3.5 years, we can clearly see an identical pattern being formed over a period of 6.5 years, from the peak of 3.4 usd in December 2018 until now ! So to repeat the numbers I've mentioned already in the drawing, there was a 8000 % increase after a similar build-up in the preceding cycle or an 80 x in value until the 1st half of the bullrun! This means that calculated from 0.4 usd, which is an average bottom of the present bear-market AND exactly the INTERMEZZO top in between the 2 cycles, we can foresee a 32 usd as an interim target or a 80 x with the nearing bullmarket. Also notice the 3 lower highs in each cycle of the accumulation period... Now let that all sink in and if I draw from the bottom of 0.005 usd until the previous top of 3.42 usd, this is an increase of 70,000 % or 700 x !!! So if we calculate from 0.40, this would mean a projected price of 0.40 x 700 = 280 usd !!! 1st projection : 27 usd ! 2nd projecton: 280 usd ?? The numbers are a somehow insane, so I would like to believe that 27 usd is already a crazy number which already doesn't seem like reality.. But who knows?
BITSTAMP:XRPUSDLong
by Wolverinos
2