XRP 5-Yaer Bullish PatternThere are so many factors that I believe will hit $10 by 2024. This Chart shows 5-Year Cup and Handle pattern making its target to be $13. Please wait for confirmationLongby XRP-investorPublished 18
Macro Perspective: XRP's Potential Path to 21-22 CentsIntroduction: In the ever-evolving landscape of cryptocurrency trading, enthusiasts and analysts are constantly seeking clues to decipher the market's next move. A keen observer recently uncovered an intriguing macro perspective on XRP using TradingView, suggesting that the digital asset may be poised for a descent to the 21-22 cents range. Let's delve into the analysis that points towards this projection. Macro Analysis: The analysis begins with a macro view of XRP, focusing on the completion of the ABC correction. According to the trader, the current scenario appears to be indicative of a running flat correction, a pattern often observed in financial markets. This correction consists of three waves labeled A, B, and C. Running Flat Correction: The trader asserts that XRP is currently within the confines of a running flat correction, a pattern characterized by a three-wave structure where the Wave B exceeds the starting point of Wave A. This scenario implies that the market is not yet done with the corrective phase, setting the stage for further exploration. Wave C Retracement: According to the analysis, the critical aspect of this correction is the retracement level of Wave C in comparison to Wave A. In this particular case, the trader suggests that Wave C should ideally retrace 0.618 of Wave A. This Fibonacci retracement level is a commonly used metric in technical analysis to identify potential reversal points. Logarithmic Chart: The analysis emphasizes the use of a logarithmic chart, a valuable tool in cryptocurrency analysis that allows for a clearer view of percentage changes rather than absolute price movements. This charting approach can provide a more accurate representation of the market's dynamics, especially when dealing with assets known for their price volatility. Projection to 21-22 Cents: Drawing on the principles of the running flat correction and the 0.618 retracement level, the trader proposes that XRP's Wave C has not yet completed its downward journey. The anticipated retracement to 21-22 cents becomes the focal point of this analysis, suggesting a potential entry point or a zone for traders to monitor closely. Conclusion: While cryptocurrency markets are inherently unpredictable, the macro analysis presented on TradingView offers a compelling perspective on XRP's potential trajectory. As always, it's crucial for traders and investors to conduct their due diligence, considering multiple factors and risk management strategies before making any financial decisions based on technical analysis. The XRP community awaits further market developments to validate or challenge this intriguing projection.Shortby jimmyjames4684Published 2
XrpStarting an upward trend and growing to the specified targets with the best technical analysis methodLongby khanjanivPublished 3
⚡ XRP QUICK READ ⚡⚡ Quick TA here. Following up from yesterday's idea in which we talked about that consolidation channel and the air hockey idea we can see that we did end up breaking down and out below that channel falling to our next horizontal level. Again I haven't added any new marks or notations to this idea, the ones I have are simply accurate for the most part. ⚡ 0.64990 is that current local point of action for us on whether or not we'll find support here and manage to climb back up or if we'll fail to sustain pressure and get pulled back down should we fail to regain that 200 EMA soon enough. ⚡ I have added in a new trendline which is in black to point out this sort of breakdown between what seems to be one positive and negative half if that makes sense. Can identify how the moment we slipped below the trend line we got that plunge and that seemed to be the confirmation for some traders with us even finding resistance at the trendline on the bounce back up so definitely feel free to add to your own charts. ⚡ Said this idea would be short and that's it, after a fall like this I'm just watching to see whether or not we can keep above that 0.649 or if our retracement will extend, whether or not one or the other happens will simply have to be seen. Till then I appreciate you guys stopping by as always, feel free to leave a like and follow, never hurts and simply helps me out! Thanks and all the best till next! ~ Rock ' by RocksorgatePublished 116
Move to low CH-level for start to middle CHIn order to reach the desired goal, which is considered the middle of the range and channel, it is necessary to reach the bottom of the designated channel to climbby ahmadarzUpdated 8
XRP Fractal, $2.00 In sight!I posted this as well on another account of mine but wanted to reiterate it for everyone. Fractals are to be taken with a grain of salt, but as they say, history rhymes. I believe we are going to see a nice retrace back to all time highs. Everyone should be making money here! Not Financial Advice.by Mental8BTCPublished 2212
Right on schedule!Don't really need to explain this one. Obviously obvious 🙄 Expected price path drawn up since Sept 29th.by ImmortalsoulsPublished 6611
XRP movement to $0.55-$0.60 imminent?Getcha moonboi hats on, the 'splosion is near. Well, not really. Not to ATH's, but we could see a bump to $0.55-$0.60 imminently. Why? A confluence of chart factors and recent news narratives. Enter now and look to close position at a 50% gain. Longby BustersCharts89Updated 2220
XRPUSD 1H BUYXRPUSD we have break few days consolidation area Looks like wants to continue its gain Bought target 0.7465-1.20 SL TIGHT 0.6803 SL STRONG 0.6488 WISH ME LUCK :)Longby donchichi1Updated 2213
🔎 XRP STILL CONSOLIDATING 🔎🔎 Hey hey! You already know, real quick idea here for you guys and a short follow up on yesterday's idea! 🔎 Yesterday's idea had us adding in our consolidation channel following that initial exit from the descending channel (black lines) since then we've just managed to keep above that 200 EMA. I'm not going to go out here and say it's going to do this or that, you already know we keep it 1:1 here. 🔎 XRP's in this consolidation phase and for those that may not know, a consolidation is basically this sort of tug a war as I like to call them when a stock moves within one point and another sort of like an air hockey table as I like to think of it. It's a battle of air hockey and eventually we're gonna end up going one way or the other. 🔎 When you have a stock consolidating it's stuck within a sideways trading pattern/rough range. When you break out of the range up or down it can possibly start off a breakout or reversal basically which usually causes a big move like we've already seen XRP do time and time before. Until we exit the range though there's no clear way to predict whether or not we'll be headed up or down but that's why we keep it simple and note those channels and areas of interest. 🔎 Watch the channel and that 200 EMA for sure if you'd like but we already know the EMA is a lagging indicator though a good friend when it comes to confirmations so the strength that EMA will have of course will vary based on the timeframes so jump between 15 minute and 1-4 hour timeframes if you'd like. 🔎 That's about it! Again just a quick and reasonable idea as always! Thanks for stopping by as always and your constant support with the likes and follows, your support is appreciated as always. Blessings till next. ~ Rock 'by RocksorgatePublished 118
Xrp to the moonMy idea for xrp so good for future and rise to moon TP1:0.84$ TP2:1.48$ TP3:1.8$Longby mehran_bmPublished 9
XRPUSD - Ripple outlookThis one is simple. Ripple has a high potential to crawl up to the Center-Line. It was very stable at the L-MLH. Now with the back wind of BTC, I can see the target at around 1.20 Peace4TheWorld!Longby Tr8dingN3rdPublished 7
XRP ready to blast offHoly cow.... XRP has completed the wedge with an ABC correction, broken out and back tested, while at the same time creating a bullish head and shoulderz.... AND the MACD has flipped bullish. I dont see how xrp can go back down to .63 or .64. Longby Dejavu787Published 3313
⚡️ XRP QUICK TA ⚡️⚡️ Hey guys! You already know what's up! Difference with today's idea is that I'm going to keep it real concise, let me know any thoughts, trying to keep the length short without sacrificing quality of course so a work in progress. ⚡️ XRP alongside the broader market definitely seems to have hit that exhaustion point following the rally the past few days, weeks understandably. We did end up getting a mountain fall understandably but it's good to see that we've formed a sort of new consolidation channel. ⚡️ In yesterday's idea we already pointed out that 0.688 would be a pivot point and the charts are sticking pretty close to that idea with us finding strong resistance now at breaking, keeping above 0.69. That being said we have managed to keep things relatively calm even managing to regain that 200 EMA on the 15 minute and breaking out from the descending channel which helped boost us back up. ⚡️ Below is the 5 minute chart which shows the sort of tug a war within our consolidation channel. ⚡️ Main thing now is to see whether or not buyers can keep things up though volume alone signifies for us that traders are definitely willing to buy above 0.66 and higher showing confidence no doubt, curious to see how things progress over the next few days but no doubt traders are watching that channel for a break to the upside or below from what we can infer currently. ⚡️ I'll leave the idea there for now but thanks for stopping by of course, really appreciate it and hope you guys do well as always. Thanks for the constant support and blessings. Feel free to leave and likes or follows as well, simply helps me out. ~ Rock ' by RocksorgatePublished 8818
XRP Daily Chart Analysis 🚀 Major Resistance Levels: $0.69 $0.73 🔍 Trend-Based Fib Extension Targets: $0.79 $0.85 $0.96 📊 Key Indicators and Insights: 1️⃣ Accumulation/Distribution Indicator: Showing steady growth in accumulation is a positive sign for XRP. 2️⃣ Chaikin Money Flow (CMF): Indicating an increase in money flows into XRP, potentially signalling growing interest. 3️⃣ Correlation Coefficient: XRP is showing signs of decreased correlation with Bitcoin. Recent examples of XRP not following BTC's price movements include May 27th, June 30th, and July 8th. Currently, the correlation is around 70%, down from 100% last week, suggesting potential independent price action. 4️⃣ Parabolic SAR: When SAR dots move below the price, it's a bullish (buy) signal. This indicator is more effective on shorter time frames, complementing the accuracy of MACD. 5️⃣ Relative Volatility Index (RVI): Reading between 65 and 85, signalling a bullish sentiment.Longby CryptoMitchXPublished 6
Zanny XRP analysis. Commodity Channel Index. lines everyehereLooking at XRP yesterday with longterm Commodity Channel index. I found this a useful way to look at historical trends. maybe xrp's biggest cycle? Time will tell. I have never looked at commodity channel index before. perhaps someone has similar or varying ideas on such matters. Longby homebrew1001Published 2