0.5723 next possible target (OB trading)Don't forget to put a SL at the level of the higher of the OB (or middle).
XRPUSDT.P trade ideas
Ichimoku + Order blocks in m15, price toward 0.57 ?I think that the price could go to 0.5702.
Here are 2 order blocks that I identified.
XRPUSDT D Bullish Setup:50% fill of the FVG,POC,liquidity poolsTechnical indicators suggest growth. There is a possibility of a growth reaction from the 50% fill of the imbalance, POC, liquidity pool with a liquidity sweep below the previous low and the completion of a truncated fifth wave of Elliott. Liquidity pools have formed above, which will act as a magnet for the price. This scenario will be invalidated if the price consolidates below the POC. Then, expectations for the price are in the order block (OB) zone.
XRP's Victory and the Path to $1: What’s Next for the Ripple?In a significant turn of events for the cryptocurrency world, Ripple has emerged victorious in its legal battle against the U.S. Securities and Exchange Commission (SEC), sparking a surge of optimism and speculation surrounding the CRYPTOCAP:XRP token. The court ruling, delivered on August 7, affirmed that Ripple’s sales of XRP to retail investors do not violate federal securities laws, providing a much-needed boost to both the token’s price and its future prospects.
Ripple’s Legal Triumph: A Game Changer for XRP
The recent legal win has been a game changer for $XRP. Following the court’s decision, the price of XRP saw a remarkable increase of over 30%, reaching levels not seen since April. This legal victory has not only revived confidence in CRYPTOCAP:XRP but also set the stage for a potential bullish rally. Market sentiment is currently bullish, with analysts closely watching the retracement pivot at $0.70 to validate XRP's bullish trajectory toward $1.
Binance US Spotlight: Unveiling XRP’s Potential
Adding to the positive momentum, Binance US has provided crucial insights into XRP’s technology and scalability. The exchange highlighted that XRP, created in 2012 by David Schwartz, Jed McCaleb, and Arthur Britto, operates on the XRP Ledger Consensus Protocol. This protocol, distinct from Bitcoin’s proof-of-work system, enables XRP to handle up to 1,500 transactions per second, showcasing its efficiency and scalability.
These revelations have intensified interest in XRP, particularly following Ripple’s legal success. The update underscores the cryptocurrency’s potential and fuels speculation about an XRP Exchange-Traded Fund (ETF), which could further enhance its market presence.
Market Reactions and Speculation
The market reaction to Ripple’s legal victory has been swift. XRP’s price increase post-ruling is accompanied by a noticeable decline in supply on exchanges, indicating that investors are holding onto their assets in anticipation of further gains. Retail accumulation is on the rise, especially among smaller holders, while larger investors have adjusted their positions.
Speculation about an XRP ETF has gained traction in light of recent developments. The announcement of XRP/USD futures contracts by Bitnomial Exchange has further fueled discussions. These contracts, which are physically settled and margin-based, reflect the value of 100,000 XRP units, signaling a step toward increased market accessibility and liquidity.
The Road Ahead:
As XRP navigates through this transformative period, all eyes are set on the retracement pivot at $0.70. This level is crucial for validating the token’s bullish momentum. If CRYPTOCAP:XRP maintains its position above this pivot, it could solidify the path toward $1, marking a significant milestone in its journey.
In summary, Ripple’s court victory has revitalized XRP’s market outlook, setting the stage for potential bullish movements. With increasing interest, technological advancements, and speculative excitement around an XRP ETF, the cryptocurrency is poised for an exciting phase. Investors and analysts will be keenly watching the retracement pivot at $0.70 as CRYPTOCAP:XRP strives toward its next target of $1.
Lingrid | XRPUSDT Bullish MOMENTUM. Leveraging PULLBACKBINANCE:XRPUSDT has experienced an impulse leg upward but has started to pull back after hitting resistance. The price has retraced approximately one-third of the bullish move, indicating that while there is some selling pressure, the overall trend remains within an upward channel. As observed, the market made a complex pullback from the resistance zone. The breakout and close above the important level at 0.500 suggest that the market is gaining momentum. This could indicate a potential accumulation phase as buyers may be waiting for a more favorable entry point. I believe the market may find solid support near the psychological level of 0.500. If this support level holds, it may provide an opportunity for buyers to re-enter the market, potentially leading to another upward leg. Overall, the outlook remains cautiously optimistic as long as the price maintains above this key support level. My target is resistance zone around 0.6160
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
XRP Chart Analysis & Potential Trade SetupsXRP's push after the recent news regarding the SEC settlement hasn't been sustainable. As many times previously, XRP was rejected at the long-term downtrend line.
I am still convinced that once this downtrend breaks, XRP will pump massively. However, it doesn't look like XRP has enough strength to give it another try.
Conversely, XRP is back in the channel where it has been consolidating for a longer period at the end of 2023 and between March and May this year.
Moreover, in both cases, the price dropped lower after the consolidation and entered the lower channel.
From a trading point of view, the approach is relatively clear:
- No long-term trade until the downtrend breaks
- Short-term trades (1H) are possible based on support and resistance zones (break and bounce).
XRP Daily | Keeping It SimpleGood evening my dear friends, time to visit another one more chart. I am trying to look at XRP on the daily timeframe since the previous chart is for the real long-term, a multi-year long perspective.
Here, the situation is much different but still, quite simple. So simple that I am sure you will be able to quickly relate and understand the signals I am about to detail.
Talking about detail, these are the details of this analysis.
We are looking at XRPUSDT. This is a descending channel drawn in orange. Bearish, as in lower highs and lower lows. Preceding the major drop leading to 5-August, we have an inverted hammer. The bounced after the 5-Aug. drop ended as a lower high. This confirms the persistence of the bearish bias; meaning, XRPUSDT continues bearish on the daily timeframe.
That's it. Keeping it simple.
Expect a lower low on the next drop compared to 5-Aug. The descending channel lower trendline can be used as a guideline.
Namaste.
TRADE ON XRP/USDT ON 1D TF WITH HORMONICS PATTERN.Here XRP/USDT form a pattern BUTTERFLY if it will break its "B Point" we will short and ride until reversal.
XRPUSDTScalping session on XRP: After the removal of sell-side liquidity, I expect a short-term appreciation of the asset towards the buy-side liquidity. The analysis was conducted on the 5-minute timeframe.
XRP - Trading Inside the channel - Pending BreakoutBINANCE:XRPUSDT (1W CHART) Technical Analysis Update
XRP is currently trading at $0.57 and price is trading inside in the channel. Price got successfully bounced back from the support line and now trading near the resistance line, A clear breakout will confirm the bullish trend of the XRP. We can enter the long trade after the confirmed breakout.
Entry level: $ 0.7040 (Candle close above the channel
Stop Loss Level: $ 0.4158
TakeProfit 1: $ 0.8563
TakeProfit 2: $ 0.9925
TakeProfit 3: $ 1.1653
TakeProfit 4: $ 1.4356
TakeProfit 5: $1.8800
Max Leverage: 2x
Position Size: 1% of capital
Remember to set your stop loss.
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Cheers
GreenCrypto
XRP Price Movements Under Pressure from Judicial Decisions In the ever-evolving world of cryptocurrency, both technical patterns and fundamental news play critical roles in determining market trends. Recent developments in the Ripple (XRP) vs. SEC legal battle have highlighted this dynamic, particularly as Ripple’s price faces resistance in tandem with broader market movements, notably Bitcoin’s trends.
Multiple Rejections Forming a Straight Resistance Line
As observed in the latest technical analysis, Ripple (XRP) is encountering a strong resistance line formed by multiple price rejections. This resistance is part of a larger symmetrical triangle pattern that reflects market indecision and the build-up of potential breakout energy. The downward-sloping trendline acts as a significant barrier, consistently rejecting XRP's attempts to move higher. This technical setup suggests that XRP is trapped between this resistance and a rising support line, indicating that a breakout in either direction could be imminent.
Judicial Decisions Influencing XRP Price
The price action of XRP has not only been shaped by technical factors but also by significant legal developments. The rulings by Judge Analisa Torres have had a profound impact on XRP’s market behavior:
July 2023 Decision: Judge Torres delivered a mixed ruling in the SEC vs. Ripple case:
Institutional Sales: Found to be unregistered securities, as the court ruled these sales to sophisticated investors violated U.S. securities laws under the Howey Test.
Programmatic Sales: The judge ruled these sales, made to retail investors through exchanges, did not constitute securities due to the lack of investor expectation based on Ripple’s efforts.
Market Impact: Following this decision, XRP saw a notable surge, as the ruling provided clarity and was viewed as a partial victory for Ripple. This spike was a direct reflection of market sentiment responding to fundamental news.
August 2024 Final Judgment:
The legal landscape took another turn when Judge Torres imposed a $125 million penalty on Ripple for their institutional sales, marking a significant chapter in the case. Despite this setback, Ripple’s retail sales were not penalized, maintaining a key victory for the company.
The final judgment reiterated the ongoing regulatory scrutiny faced by cryptocurrencies in the U.S., and while the penalty was a blow to Ripple, it also signaled some closure to the long-standing case, affecting investor sentiment and market dynamics.
Correlation with Bitcoin Movements
XRP’s price movement is not occurring in isolation; it is also being influenced by broader market trends, particularly Bitcoin (BTC). Bitcoin has been showing signs of consolidation, forming a similar resistance line as it approaches key technical levels. The price action in BTC often correlates with XRP, as movements in the dominant cryptocurrency tend to influence the broader market, including altcoins like XRP.
The chart analysis reveals that XRP is following Bitcoin’s lead, struggling to break through its own resistance as Bitcoin faces similar challenges. The combination of Bitcoin’s technical struggles and the fundamental pressures from the Ripple case creates a scenario where XRP is under dual influence—market-wide sentiment driven by Bitcoin and legal uncertainties surrounding its own future.
Coach Miranda Outlook and Strategy
For traders and investors, the key takeaway from the current situation is the need to closely monitor both the technical and fundamental developments. The symmetrical triangle pattern on XRP’s chart suggests a breakout is on the horizon, but the direction remains uncertain. Given the resistance line’s strength and the ongoing legal and regulatory challenges, caution is warranted.
Technicals:
Watch for a breakout above the resistance line or a breakdown below the support line to signal the next major move in XRP.
Fundamentals:
Stay updated on any further legal developments or SEC actions, as these could provide additional volatility or trend confirmation.
In conclusion, XRP’s price is at a critical juncture where technical resistance and fundamental news converge. The market is watching closely as Ripple navigates its legal battles while Bitcoin’s influence continues to play a significant role. Whether XRP can break free from its resistance will depend on the interplay of these factors, making it an exciting but challenging environment for traders.
This analysis is brought to you by Coach Miranda Miner and the research team at Global Miranda Miner Group, highlighting the intricate dance between market technicals and the powerful influence of regulatory decisions.
Disclaimer: Not Financial Advice
CRYPTOCAP:XRP
The content provided in this analysis, article, or any associated materials is for informational and educational purposes only and should not be construed as financial, investment, or trading advice. Cryptocurrency markets, including XRP, are highly volatile and subject to rapid changes in price due to market forces, regulatory developments, and other factors. Past performance is not indicative of future results.
You should perform your own research, consider your financial situation, and seek independent advice from a qualified financial advisor before making any trading or investment decisions. Trading cryptocurrencies involves significant risk and can result in the loss of your capital. You should not trade or invest money that you cannot afford to lose.
Global Miranda Miner Group, its affiliates, and contributors to this content are not responsible for any losses or damages incurred as a result of reliance on the information provided. Always trade responsibly and be aware of the risks involved.
SIMPLE STRTEGYXup is now in a good condition to sell down to the 4hrsorderblock....Take hold of this sell opportunity from the 15min ORDERBLOCK with a good RRR....💀💀💯
XRP Will Surprise Many Of You📍 XRP High Timeframe (Logarithmic Chart)
👉 After Reaching 2$ Area As a Wave 1 Pivot ,It’s Almost three Years That XRP Playing At The Range As a Wave 2 ,Now It’s Time For Breakout ,Or Better To Say HUGE BREAKOUT
📈Currently The Price Playing Below The Main Trend Line Which Drew From April 2021 And By The Elliot View Wave 1 And 2 From Main 3 Completed And Currently The Price Is About To Start Wave 3 From Main 3 Which Usually Its a Strongest Wave ,So I Expect Heavy Breakout Soon Toward a 1.3$ And 3$ As a Main Targets
🔎 The Important Point About The XRP Is ,Most Of The Times Impulsive Moves Of This Sleeping Gain Was Too Fast ,For example In Last Cycle It Takes Only 12 Days To Breakout The Trend Line And Pump From 0.57$ To The 2$ Area Which Was Almost 250% Profit
🔥 XRP Will Surprise Many Of You
XRPUSDT ( BETWEEN TWO TURNING LEVEL ) (4H)XRPUSDT
HELLO TRADERS
price of BINANCE:XRPUSDT inside sensitive area between two turning level , currently it will be attempt to reach turning level (2) .
Tendency, the price inside sensitive are between two turning level around 0.5822 and 0.6184 .
Upward Zone : in order see increase , if the price corrective turning level (2) and stabilizing above this level should be trying to reach turning level (1) at 0.61844 , to confirm up trading , the price will be breaking turning level (1) to reach resistance level (1) at 0.6508 , after by closing 4h candle above it reach a resistance level (2) at 0.6939 .
Downward Zone: by breaking turning level (2) at 0.5822 , the price should be trying to reach support level (1) 0.5595 , after stabilizing below this level could further support to reach of as next level at 0.5144 .
TARGET LEVEL :
RESISTANCE LEVEL : 0.6508 , 0.6939 .
SUPPORT LEVEL : 0.5595 , 0.5144 .
Ripple (XRP): Possible Another Sharp Rejection!Ripple is back after a nice dump movement that we caught and a huge bullish movement that we also predicted 😉
We are now back at major resistance zone, looking for another rejection to approve, but only after we break the branch of EMAs here so keep an eye on them!
Swallow Team
XRP (Crypto Ripple-USD) SELL TF H1 TP = 0.5496On the H1 chart the trend started on Aug. 08 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 0.5496
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelievelnTrading
SIMPLE STRATEGY After successfully following our previous bearish analysis........IOTX is expected to have a slight bullish reaction to the upsidefrom the 4HRSORDERBLOCK to complete the downtrend...💯💀💀
$XRP Long attempt #2Yesterday's long may have been a bit premature! Risking a bit more now that CRYPTOCAP:XRP tapped recent VWAP and stepped out of local value. Looking to see some green candles soon! Orderbook also fully on my side this time as opposed to yesterday where there was not much clarity.
The base of this whole trade is the trend start that I saw on Wednesday.
XRP ReboundsXRP has been impacted by the recent market downturn. The price of XRP is currently at $0.4884, having found support after a significant drop. This movement reflects broader trends in the cryptocurrency market, which has been affected by various macroeconomic and regulatory factors.
Key Factors Influencing the Market Crash
Macroeconomic Concerns:
Interest Rates and Economic Slowdown: Investor fears over a potential slowdown in the U.S. economy and emergency rate cuts by the Federal Reserve have triggered a broader sell-off in risk assets, including cryptocurrencies.
Regulatory Uncertainties:
Delay in ETF Listings: The U.S. Securities and Exchange Commission's delay in approving spot Ethereum ETFs has created uncertainty and negatively affected market sentiment, leading to increased selling pressure.
Global Market Trends:
Strength of the U.S. Dollar: The recent strength of the U.S. dollar, bolstered by the European Central Bank's rate cuts, has added pressure to the cryptocurrency market as a strong dollar typically results in weaker performance for risk-on assets.
The MACD is bearish, indicating downward momentum with the histogram at -0.0054 and MACD line at -0.0299.
The RSI is at 34.32, suggesting that XRP is nearing oversold conditions, which could indicate a potential for a rebound.
With %K at 39.52 and %D at 30.30, the Stochastic Oscillator shows that XRP is in oversold territory, signaling a possible short-term recovery.
Conclusion and Market Outlook
XRP has experienced significant downward pressure but has found support at $0.4596. The technical indicators suggest a cautious outlook with potential stabilization at current levels. Monitoring the resistance levels at $0.5330 and the dynamic support at $0.3823 will be crucial for determining the next directional move.
XRPUSDT ANALYSIS Pair : BYBIT:XRPUSDT.P
Leverage: 5X
Direction: Long 🔼
SL: HODL
TP: 0.6600
ANALYSIS:
Market Cypher B: 1D TF✅
Bull Bear Power: 2HR TF✅
Nearest Resistance: 0.600
Nearest Support: 0.500
⚠️#DYOR
XRP doubts for long positionI am trying to create a plan for XRP. As far as I know, this cryptocurrency carries a high level of risk. However, the chart appears to be very bullish to me after a prolonged period of consolidation. My strategy is to wait for it to reach one of the current fair value gaps on either the 4-hour or daily timeframe, and then make a move. XRP has already formed a swing low, so I anticipate a new swing high to be reached soon. BINANCE:XRPUSDT
XRPUSDT.PSshort setup.
Trade Idea.
There is a probability of the price going lower by the wedge pattern after the downtrend. Atlant15 fixing short. The news background is negative. The potential of the wedge is converging with the Fibonacci retracement level. I consider it a full-fledged signal for a short sale.
XRP Pre-2025 Bull-Market Accumulation Zone & StrategyMy dear friends...
Accumulation for XRP, when considering the bigger picture, has been on-going since June 2022. The 2023 bullish wave was just a minor wave compared to bull-market proportions. "Wave 1" of a much bigger structure. This is the same dynamic all across the altcoins market.
Look at this...
➖ 2022 = Bear market.
➖ 2023 = Recovery year.
➖ 2024 = Accumulation.
➖ 2025 = Bull-market.
Now in reverse...
➖ 2021 = Bull-market.
2021 + 4 = 2025 (Bull-market)
➖ 2020 = Accumulation.
2020 + 4 = 2024 (Accumulation)
➖ 2019 = Recovery year.
2019 + 4 = 2023 (Recovery year)
➖ 2018 = Bear market.
2018 + 4 = 2022 (Bear market)
➖ 2017 = Bull market.
2017 + 4 = 2021 (Bull-market)
I can keep going...
XRP Technical Analysis (Comparing Other Altcoins)
XRP bottomed June 2022, like Ethereum. This is a signal of strength. Both peaked first in 2021 and also bottomed first in 2022, compared to Bitcoin.
The entire period from June 2022 through present day can be considered a long consolidation phase for XRPUSDT.
Some of the altcoins that moved really, really strong in 2023/24, can become shy in 2024/25. Some of the altcoins that were shy in 2023/24, can become really strong in 2024/25.
This is tricky.
Those that move strong, tend to continue doing so.
Those that are weak, tend to remain weak.
But the market is tricky, things can work in reverse as mentioned above.
Instead of the super-active ones stealing the show next year, those that accumulated last year can have enough force to burst up next year, while those that already did thousands of percentages of points of growth would be too tired to do the same again.
Think of Fetch, Injective and Tellor as examples. At first, I was thinking that these would continue to perform as they performed in the past, but now I am thinking that they will underperform. For example, Dogecoin performed strongly in 2022. Dogecoin performed poorly in 2023; alternation.
It will be tricky to choose, but we have so much experience now that even with this difficulty, we will be able to make good choices. At first, we would do it with intuition, 90% intuition and still pick most of the winners. Now, with intuition, patience, the charts and experience, we can pick basically all of the winners... We will see about that.
Any potential for a bigger correction or drop is completely irrelevant. At this point, all that matters is to build a strong position in anticipation of next year's bull-market. the fact that the 2023 wave is so small, relatively speaking, gives hope as to huge growth potential in 2025.
XRP New All-Time High
For XRP, the standard ATH projection might be easily broken. The insiders here have unlimited money and they very organized, and they went through a very strong ordeal which only results in further strength.
The Fibs. point toward $4.6 which is around 700% from the current price. My own calculations give $5.13 as a new All-Time High. I don't know why but I feel that this can be easily broken in the upcoming bull-market. One reason, can be this extremely long consolidation phase. No lower lows since June 2022 is major signal of strength.
Whatever strategy you use is up to you, but I would focus on buy and hold thinking of the long-term.
This one is good to diversify as it has different cycles compared to the rest. The general cycle is always the same, but these are different groups, different people, different projects, different systems, different softwares, different mindset, different backgrounds... That's diversification; some cryptos are basically the same. We need variety for strength.
Thanks a lot for the support.
See you at the millionaires club, in 2025 and beyond.
Namaste.
