$XRP Broading FormationNot Financial advice.
CRYPTOCAP:XRP still inside this weekly time frame broadening formation. price might still retest the bottom of the formation. only time will tell.
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XRPUSD trade ideas
$XRP bullish formationSEC #Lawsuit Resolution, new Banking #Partnerships, #Payment Network Integrations and #Ripple $RLUSD #Stablecoin approval are the upcoming events that could drive the #XRP price in the near future.
#XRP➕When the market identifies 3 lows on a corrective wave, it usually goes back down to the 50% Fibo of the last wave that identified the third low.. (Commander's word 😐)
XRP Christmas Rally Imminent! New All time high incoming!!BITSTAMP:XRPUSD Your last opportunity to get XRP at a discount before it goes parabolic is presenting itself. $1.52 -$ .1.50 is the target bottom....
If it doesn't get back down to $1.96, then that means $1.96 was the bottom, and we would backtest that level and break straight out of this bull flag pattern! 🚀
reversal of this downtrend, an ABC correction, could possibly be complete by the 11h of Dec.
ABC Correction on XRPBased on current Price action an XRP might be doing ABC Correction before continue moving upwards. Unless a very Bullish News on XRP shift the Market Sentiment.
Support for XRP?I think if XRP can stay above the triple peak it may be able to use that line as support and continue sideways above $1.95 USD but if it closes a daily or weekly candle below I think we could go back down and trade on the lower trend line again. Time will tell.
stair step into 2025There maybe a couple of buying opportunities before 2025 and possibly a short gift of 3$ before venturing into the new year where ATH will be tested and broken. Good luck to all and Happy Holidays.
XRP possible correction to downsideIf you pull out to 1 year it is almost at an all time high along with it being way overbought on the 21 day ema. This image is of the 15 min. This simple wedge I drew may be an indicator.
XRP Moonshots XRP has exploded recently but how high can it go?
The recommended at $10 which aligns with a larger channel but ive heard $55 also so ill place that there.
$10 is a more reasonable target for this coin.
Still bullish following this breakout, looking to stay bullish into Feb
Daily chart
XRP Weekly ChartHuge moves up since Trump won, see if this can reach ATHs going into 2025.
A huge retracement is possible but very hard to go against all the positive news for Ripple.
XRP/USD: Key Pivot Points Signal Potential UpsideHello,
BITSTAMP:XRPUSD has potential for further upside if the 1W Pivot Point (PP) holds as support. Confirmation from the 1D PP later on could reinforce the bullish momentum. However, if the 1W PP acts as resistance, we may see a downside from this point onward.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
Not looking good for xrp. Elon musk smhFeels like dogecoin all over again with xrp lol no way the do this twice right?
XRP $7-$13Conservative targets based on Fib 4.236 of wave III of V and wave 2 of 5 lead to $7 and $13, respectively. These targets are part of wave 3 of 5 and the V wave.
Inverse H&S still in Play with previous Similarities showing. GM & Good Afternoon Everyone! XRP 1h has been bouncing between the 2.17 & 2.19 supports. We may see XRP visit 2.59 then get rejected and find support around 2.47. Inverse H&S also still in play. We also are showing similarities between Nov 22 - 24 on the chart. I share what I see. Not financial advice. I do not have a crystal ball. Cheers & have a wonderful day!
Thanks,
-Higher_State
XRP/USD 12/17/2024XRP/USD Daily Chart Analysis
XRP is one of the OG altcoins that has maintained significant hype over time.
• Accumulation Phase:
After being dropped on Coinbase in July 2023, XRP experienced a steady decline, entering an accumulation stage that persisted through November.
• Breakout and Uptrend:
In mid-November, massive volume flooded into the coin, breaking it out of its accumulation phase. Following this breakout, the price entered a strong uptrend, consistently respecting the 10-day EMA.
o The uptrend pushed the price +265% in just two weeks.
• Consolidation and Triangle Formation:
After reaching its peak, the price began consolidating sideways, forming a triangle pattern. For those who missed the initial breakout, this pattern provided a potential entry opportunity.
• Current Price Action:
Today, the price has broken above the triangle pattern, signaling a continuation of the uptrend. The 10-day EMA remains intact as support, reinforcing the bullish sentiment.
o The MACD is in bullish territory but still below its signal line. However, the contracting MACD histogram indicates a possible MACD crossover above the signal, which could provide the momentum needed for a sharp move upward.
o Expect volume to increase, similar to the initial breakout phase.
________________________________________
Trade Setup (Long Position):
• Entry: 2.5427
• Stop-Loss: 2.1213, -16.57%
• 1st Target: 3.6723 (+44.43%) | Risk-Reward Ratio: 2.68
• 2nd Target: Trailing the 10-day EMA on the daily chart.
________________________________________
Conclusion: With the breakout from the triangle pattern, the strong 10-day EMA support, and the improving MACD setup, XRP looks poised for another substantial move north. Volume is expected to flood in, mirroring the breakout momentum observed in mid-November.
XRP - might just be ready to challenge the ATHLooking at different levels - broke though the down side and now respective going to aLH #XRP
XRPUSD: Key Support at 2.3159 for Upside or Bearish MoveHello,
BITSTAMP:XRPUSD has experienced more support than expected at the 1W support level. If the 1D support at 2.3159 fails to hold, we could see further downside. However, if it holds, there may be potential for upside. At this stage, a bearish continuation seems the most likely direction, though we shouldn't completely rule out the possibility of the opposite happening.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
XRP/USD on a 4-hour timeframe0.382 (~$2.20): Price has bounced from here after retracing from the recent high.
0.618 (~$2.00): This area would act as a strong support zone if price drops further.
The price is currently hovering just above the 0.5 Fibonacci level, which often indicates a consolidation phase where the market may decide the next directional move.
Previous Trend: The preceding price action shows a strong upward movement, suggesting bullish momentum.
Current Behavior: Price appears to be consolidating after a pullback. This could indicate:
Accumulation for another upward push (if bullish pressure remains).
Preparation for a larger retracement if bearish sentiment takes over.
3. Key Levels
Support:
~$2.20 (0.382 Fib level)
~$2.00 (0.618 Fib level)
Resistance:
~$2.60 to $2.70: This area has capped price advances previously.
~$3.00: A psychological resistance level and potential target for a break
Typically, during consolidation, volume drops, indicating low conviction. If volume spikes accompany a move above $2.50, it could signal a bullish breakout.
The chart highlights vertical lines and icons around December 16-19, which could represent key fundamental events (e.g., regulatory decisions, token unlocks, or macroeconomic data releases). These events might influence the price heavily.
Buying Scenario:
Wait for a breakout above $2.50-$2.60 with strong volume.
Set a target near $3.00 with stop-loss near $2.20.
Selling Scenario:
If price breaks below $2.20, consider a short with targets near $2.00 and $1.80.
Patience is key to waiting for clear confirmation of the next move.
Support @$2 Looks like the support at $2 is holding for the mean time if can stay above this and keep it as support I see a run at the ATH by News Years. As long as we don’t close any candles below $2 we can still see upside in consolidation at the three monthly candle peaks. If we break below an eventual slip to .80 cents isn’t out of the question.
XRP bearish unless I think if we close the second monthly candle in the green we could start a new trend but if not it looks like a slow dive back to the lower trend line. Going through large swings and large corrections until that flip gets switched.
Slight pull back before the releaseRemember, coins like XRP, BTC are long term investments. Of course everyone would love for this to shoot straight up to the moon, especially after waiting for so long for the long term people. But with recent attention and much more bigger investors, more public acknowledgement of what XRP can do for the world, up to quick now gives way to a pullback to shake out weak hands and allow for more coins to get picked up. I see a potential pull back, at least close to the ladt support line of around 1.48-1.60 area. This would be my ideal spot, even 1.70-1.80 to be safe.
