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XRPUSDT trade ideas

XRPUSDT Is XRP on the Brink of a Major Move?Yello, Paradisers! Are you ready to uncover the potential of #XRPUSDT's recent breakout? Let's dive in and see if this is the moment we've been waiting for. 💎#XRP has successfully broken out of its descending resistance with a strong green candle, signaling a potential bullish momentum to continue its upward move. This breakout is further confirmed by the RSI, which has also broken its resistance trendline. 💎However, the price hasn't retested yet, which means there's a probability that XRP will retest the support line at 0.4645 before continuing its upward movement towards the key resistance level at 0.567. A break above this level is required to maintain the upward momentum and reach our target area. 💎But what if XRP fails to break this resistance and faces a hard rejection? In that case, there's potential for the price to return to the support and move sideways within the support-resistance range. If XRP also breaks below the support line, it could be a bad sign, as the price might revisit the strong demand area at 0.411. 💎It's crucial for XRP to bounce when revisiting this strong demand area because it's an important level. If XRP fails to bounce and breaks the strong support at 0.411, the bullish invalidation will be confirmed, and the price will likely dip further downward. If you want to be consistently profitable, you need to be extremely patient and always wait for the best, highest probability trading opportunities. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise
2
Xrpusdt I still believe this was a fake triangle breakdown as mention on last post and it whales took advantage of the liquidity .. . even if the triangle had failed , the uptrend Is intact since 2020 making higher lows . Over all this structure looks bullish as ripple vs SEC case remedy phase is near its end . I would be surprised if the judge doesn’t make her decision within two weeks. The sec will not appeal the non security status they stated already . I think we will see momentum gaining traction as the days go by . I do believe this technology will revolutionize the financial industry I am here for more years to go before I sell . Levels to watch now are 0.63 cents and 0.32 cents in a bull scenario and bear scenario. I believe the ultimate bull market starts above 0.65 cents that’s where the main downtrend line has holder us back for years .
Long
by Todopoderoso
XRP Price Surges: Critical Levels for Your Next TradeIn the latest 4-hour trading chart, BINANCE:XRPUSDT has shown a steady upward movement, closing at $0.4639. The 9 EMA and 20 EMA values indicate a bullish trend as they remain below the current price, signaling a potential continuation of upward momentum. Specifically, the 9 EMA has consistently risen from $0.4421 to $0.4517, while the 20 EMA has also increased from $0.4389 to $0.4451. These moving averages suggest that buying pressure is currently dominant in the market. The Moving Average Convergence Divergence (MACD) further supports this bullish sentiment. MACD histogram values have shown a consistent increase, indicating a strengthening bullish momentum. The MACD line has risen above the signal line, reinforcing the positive trend. Recent MACD readings, with the MACD line at 0.0056 and the signal line at 0.0028, also highlight the growing buying interest. Relative Strength Index (RSI) values have climbed from 57.13 to 67.29, approaching the overbought territory. This upward movement in the RSI reflects increasing buying pressure and suggests that the XRP price could continue to rise in the short term. However, traders should remain cautious as XRP approaches significant resistance levels. The first resistance level at $0.4766 is crucial. If the price breaks above this level, the next resistance zones to watch are at $0.4778 and $0.48. These levels could act as potential exit points for long trades, especially if the RSI continues to climb towards overbought levels, indicating a possible price reversal. On the downside, key support levels are found at $0.4331, $0.4146, and $0.3986. These levels offer potential entry points for long positions if the price retraces. A break below these support levels could signal a shift in momentum, making them critical areas to watch for potential short trades. In conclusion, the technical indicators suggest a bullish outlook for XRP with potential upward movement towards the resistance levels. However, traders should monitor these key levels and indicators closely to make informed decisions. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Ecoinimist is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
by Ecoinimist
Selling XRP @ 0.4865Selling XRP @ 0.4865 XRP I believe will hit the top bollinger at near 0.4944 and I have already put my sell order in for 0.4865 so my order takes presidence over others including whales. I do believe, BUT COULD BE WRONG that XRP WILL ULTIMATELY GO TO NEARLY 0.0977 (support) on the monthly No one knows where this will ultimately fall to. But, having a clear picture of direction is important. This is not financial advice, I am just documenting my journey with XRP with a buyback set for 0.1351 as A FALLING KNIFE SCENARIO CATCHING IT BEFORE IT HITS 0.0977 and ROCKETING BACK UP!!! Good luck on your trades. The WizardOfRealms13
Short
by WizardOfRealms
2
#EURUSD Uncertain Future After Surprise French Election Results🔹The French election resulted in a surprise with the left-wing New Popular Front gaining the most seats in the National Assembly. 🔸This has led to a hung parliament, creating potential governance challenges for Macron's party. French financial markets are slightly lower as traders await details on the new government. 🔹French borrowing costs are expected to rise due to proposed policies like lowering the pension age and increasing the minimum wage. 🔸The Euro remains stable, benefiting from US dollar weakness, the pair can drift to 1.087 and with further weakening of the Dollar and the 200 MA becoming a strong support, the price can rise to 1.091, 1.097 and 1.103. 🔹In a divergent approach, a stronger Dollar can push the price below the 200 MA (1.097) where the next targets would be the 0.61 (1.071) and 0.78 fib level (1.059) and the strong support at 1.053. Zanzibar Trading
by Zanzibar_Trading
#XRP Why is Ripple's Price So Low🔸Ripple price is currently sitting at $0.4329, the lowest it's been in the last 3 months, the pair fell below the triangle pattern from $0.6135 to $0.4206, a 30% drop compare to Bitcoin's 16% rise during the same period. 🔹Much of the bearish momentum was in the result of The SEC rejecting Ripple's request to reconsider the $2 billion penalty, maintaining uncertainty in the XRP market. 🔸The almost $12 billion possible selling pressure that can come from the germen Government and Mt. Gox repayments have made traders more cautions which is also indicated by funding rate drop. 🔹On the technical side, the price is sitting at an strong support, if this support cracked sellers can push the price down to $0.3680, $0.3356 and $0.3013. 🔸Alternatively, buyers can use this support and possibly any positive fundamentals to push the price up to the 50 MA ($0.4923), the 200 MA ($0.5474) and $0.5827 Zanzibar Trading
Long
by Zanzibar_Trading
XRP Must cross 0.4615 ELSE A RETESTXRP Must cross 0.4615 ELSE A RETEST. If XRP CROSSES "THE SELL LINE" = 0.4016 then, it will go towards next target. However, we generally see a retest before launch. I suspect there will be a pullback on firts attempt to cross the white ma (21 Day moving average) on the 1 Day Chart and should pull back to the dashed lines at: 0.4348 (estimate) Before heading towards: 0.4865 Dashed Lines (which is below my red line max target of: 0.4944 I predict a sell at 0.4010, a buyback at 0.4348 (or) just above it, and a sell at 0.0.4865 (or) just below it. We are still on coarse. The WizardOfRealms13
Long
by WizardOfRealms
1