Get started

XRP / TetherUS

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

XRPUSDT trade ideas

XRP JUST IN! Tom Lee’s Bold Prediction: $10 or $35🚨 XRP JUST IN! Tom Lee’s Bold Prediction: $10 or $35 for CRYPTOCAP:XRP ? 🚀 Tom Lee, a renowned crypto analyst and co-founder of Fundstrat Global Advisors, has turned heads with his optimistic forecast for XRP, Ripple's digital asset. According to Lee, XRP could surge to $10-$35, depending on critical developments in the crypto market and regulatory landscape. --- 🔑 Key Factors Influencing XRP's Potential Growth 📜 Regulatory Clarity: The Ripple Labs vs. SEC lawsuit remains a game-changer. This case, which debates if XRP should be classified as a security, could reshape XRP’s future trajectory and its regulatory standing. 💳 Market Adoption: Wider use of XRP in cross-border payments and partnerships with financial giants could boost demand and drive prices higher. ⚙️ Technological Advancements: Improvements to the XRP Ledger and new innovative features may enhance investor trust and attract a broader user base. --- 📊 Current Market Overview Price: $2.21 (as of Dec 23, 2024) 📉 Change: Down 3.07% from the previous close Intraday High: $2.28 | Low: $2.13 --- 🧐 Conclusion Tom Lee’s prediction of XRP hitting $10 to $35 is bold but hinges on: ✅ Favorable regulatory outcomes ✅ Growing adoption by financial institutions ✅ Continuous innovation 🚨 Investors Alert: Cryptocurrency markets are highly volatile. Do thorough research before making any decisions! 📌 Disclaimer: This content is for informational purposes only and is NOT financial advice. Always Do Your Own Research --- 💸 Where do you think XRP is headed? Share your thoughts! 🗨️
Long
by AlphaBull-Trading
XRP Price Update: Short-Term Dip or Buying Opportunity?🚨 XRP Price Update: Short-Term Dip or Buying Opportunity? 🚨 CRYPTOCAP:XRP is currently trading at $2.19, reflecting a slight decline of 2.43% over the past 24 hours. Despite the short-term volatility, XRP continues to shine as one of the most popular cryptocurrencies with strong fundamentals and a loyal community. 🔑 Key Levels to Watch 📈 Resistance: $2.30 (Potential short-term target) 📉 Support: $2.10 (Critical support zone to monitor) 📊 Trade Setup 🟢 Long Entry: Around $2.15, targeting: 1️⃣ $2.30 (short-term PDA) 2️⃣ $2.40 (next major level) 🔴 Short Entry: If XRP falls below $2.10, consider: 1️⃣ $2.05 (retracement zone) 2️⃣ $1.95 (lower PDA) 🛡 Risk Management 💡 Stop-loss: $2.05 to minimize downside risk. 💬 Market Insight The slight dip in XRP may present a buying opportunity for those looking to accumulate at lower prices. Keep an eye out for recovery signals to confirm a bullish trend in the short term. 🚀 Stay tuned for updates and trade wisely!
Long
by AlphaBull-Trading
XRP Analysis – December 23, 2024Hello, this is Greedy All-Day. Today's chart analysis is on XRP. Daily Chart Overview: Looking at the daily chart of XRP, we can see that since December 1, 2024, the chart has been forming a pennant pattern. As per the pattern's characteristics, we should look for either a breakout above resistance or a breakdown below support. Until that happens, the general approach is to remain on the sidelines during the consolidation phase. Currently, the price is still within the pattern, so there is no clear direction yet. Although we’re seeing some correction, we cannot call this a full correction just yet, as the consolidation may simply be a brief pause before a potential continuation of the upward move. The concern is the red box area, where the Lagging Span (or Lagging Line) is about to break through the candles. If this occurs, the Lagging Span may face resistance from the candles above. For the trend to continue upwards, we need the price to stay above the middle of the pattern. If not, we might see a weakening of buying pressure. Risk of a Pennant Breakdown: If XRP breaks down below the pennant pattern, the next support level to watch is at 1.847. Should this level also be broken, it could complete a descending triangle, with a target around 58% lower. As you can see, this is close to a key resistance level from the previous upward movement. Therefore, breaking below 1.847 is critical. Further Historical Data Analysis: Looking at more historical data on the daily chart, we can see that XRP previously broke above a major resistance level (the red box) and tested it as support before rebounding. However, if XRP breaks below 1.847, it will likely enter a consolidation phase after completing a new pattern. In the past, the next frame showed a significant drop toward 0.766 after a similar strong rise. This suggests that a sharp decline is highly likely if the current breakout fails to hold. This analysis highlights the current critical levels for XRP. The next steps depend on whether the price can maintain its position above support or if a breakdown occurs, potentially leading to a more significant drop. Conclusion: In summary, XRP is currently in a pennant pattern, and we need to watch for a breakout above resistance or a breakdown below support. While there’s still potential for an upward move, the key levels to watch are 1.847 and the red box area. A breakdown below 1.847 could lead to a significant decline, potentially completing a descending triangle with a target lower than the current price. It’s crucial to wait for clear price action before taking action, as the market is still uncertain. If the price breaks lower, we could see a strong correction, but if it holds support and resumes the upward trend, it could be an opportunity for further gains.
by Greedy_allday
Cautious Moment - Leaning Bearish Based on the WeeklyThe weekly chart is showing signs of caution, with the most recent weekly candle closing as a 'Hangman' candlestick. This pattern is often associated with the potential end of an uptrend and the beginning of a correction. Supporting my bearish sentiment: The Weekly Chart The RSI (Relative Strength Index) is extremely overbought at 85.25, a level that typically signals an overstretched market. The Stochastic RSI is also in overbought territory, with the K line crossing below the D line, marking a bearish reversal signal. While an overbought RSI doesn't necessarily indicate an imminent dump, it does serve as a cautionary marker that a possible correction may be on the horizon. The Stochastic RSI, however, strengthens the bearish bias by indicating slowing momentum—a signal that aligns with observations on the daily chart. The Daily Chart On the daily timeframe, the price has corrected from the recent high of $2.94, marking what I believe to be the end of Wave 1. The current correction appears to be a Wave 2 correction forming within a descending channel. Here are the key observations: The last 7 daily candles have been either 'Spinning Tops' or 'High Wave' candlesticks. Both patterns are indicative of market indecision, with low momentum clearly slowing. The RSI and Stochastic RSI on the daily chart also reflect this flat momentum, further signaling the market's lack of direction. Elliott Wave Context - Wave 2 Correction Referencing Bennett McDowell’s 'Elliott Wave Techniques Simplified': 15% of Wave 2 corrections retrace between 23.6% and 38.2% of the Fibonacci levels. 70% of Wave 2 corrections typically retrace between 38.2% and 61.8%. So far, XRP has corrected slightly past the 38.2% Fibonacci level, suggesting that the Wave 2 correction could still be in progress. Based on historical patterns and current price action, I believe a deeper correction toward the 61.8% Fibonacci retracement level at $1.40 remains a strong possibility. Summary & Strategy This is a highly cautious area for XRP: I am not currently in the market and would only consider entering if there is a clear breakout above the descending channel, supported by volume. Even then, I would wait for a backtest of the channel to confirm the breakout is not a fake-out before entering a long position. However, given the current chart signals, I anticipate that XRP could correct all the way to the 61.8% Fibonacci level at $1.40. I don’t expect this correction to be clear-cut or quick; rather, it could evolve into a 'Complex Correction', with price chopping around before ultimately completing the retracement at the 61.8% level.
Short
by heywippa
XRP/ USDT: Poised for breakout above trendline resistance XRP/USDT: Poised for a Breakout Above Trendline Resistance XRP/USDT is setting up for an exciting move 📈 as it edges closer to a critical trendline resistance zone 📊. The price has been consolidating tightly, creating an ideal scenario for a potential breakout 💥. If the breakout occurs, we could witness a strong bullish rally unfold 🚀. Stay vigilant 👀 and wait for confirmation before entering a position. Key Insights: 1. Trendline Resistance: XRP/USDT is nearing a significant trendline that has acted as a barrier in the past. A break above this level could trigger a strong upward movement. 2. Volume Surge: Monitor trading volume during the breakout. A significant spike can confirm strong buyer momentum 🔥. 3. Bullish Indicators: Momentum indicators like RSI and MACD are currently trending positively ⚡, supporting the potential for a bullish breakout. Steps to Confirm the Breakout: Look for a clear 4H or daily candle close above the trendline 📍. A notable increase in volume during the breakout is crucial to validate buying pressure 📊. A successful retest of the broken trendline as a new support zone strengthens the breakout's credibility ✅. Be cautious of fake breakouts, including sharp reversals or wicks above the trendline ⚠️. Risk Management Strategies: Implement stop-loss orders to protect your capital 🔒. Ensure position sizing is consistent with your trading plan 🎯. This analysis is for educational purposes only and not financial advice. Always do your own research (DYOR) 🔍 before making investment decisions.
Long
by Crypto-By-Ghazi
1
XRP WHICH WAY? (EARTHTRADER ANALYSIS)With overall market bearishness, we could see Ripple move down to the external range liquidity region after its initial unwillingness to settle there but rather move up to claim more orders at the order block. As you all know, I deal mainly with scalps and intraday, this is a good 3.3RR! I have drawn outlines for possible entry, exit, and stop out orders. I based my entry on the order block created in the 1H timeframe, and still on that timeframe we see our entry at the golden zone called O.T.E which will mark our confluence. O.T.E, Bearish OB, Premium sell, Liquidity sweep all used as our confirmatory confluences. Only an institutional news will render this analysis invalid. LEAVE A FOLLOW!
Short
by earthtraderx
4
XRP 4-hour chartDear Traders, Over the past few days, the crypto market, including BTC, has experienced a significant pullback. Observing the XRP 4-hour chart, it’s evident that price has retraced into internal liquidity—specifically to test the 50% consequent encroachment of the weekly Fair Value Gap (FVG), which coincides with a 4-hour order block. Using the principle of movement from internal to external liquidity, there’s a strong possibility that this retracement marks the bottom. The next logical target is the external liquidity at $2.90 USD. For this setup: Entry: Around $2.15 USD, at the 4-hour order block and FVG alignment. Stop-Loss: Positioned at $1.90 USD, below the previous low to protect against invalidation. Target: External liquidity resting at $2.90 USD, with further potential toward $3.01 USD if momentum persists. Additionally, it’s worth noting that this weekly gap aligns with the lower boundary of the daily dealing range, adding confluence to this potential reversal zone. Trade wisely and always protect your capital, Lord MEDZ
Long
by Skinwah
2
NAVIGATING THE MARKET PULLBACK🚨📉 #MarketPullback: Navigating the Market Pullback 📉🚨 The market pullback has many traders and investors on edge. Here's what you need to know to stay ahead: 💡 Understand the Trend: A pullback could be a short-term dip in an ongoing uptrend or a sign of a larger correction. Identifying which one it is can help you make informed decisions. 🔍 Opportunity or Caution?: A pullback presents an opportunity to buy at lower prices, but only if you believe the market will recover soon. Otherwise, holding off or cutting losses might be a safer play. ⚠️ Risk Management: If you're buying the dip, ensure you're managing your risk. Setting stop-loss orders can help minimize potential losses if the market continues to drop. 🌍 Market Sentiment: Pay attention to news and investor sentiment. If the pullback is caused by external factors, such as regulatory changes or macroeconomic conditions, it could last longer. 🤔 Are you ready to make your move or sitting this one out? Let me know your thoughts below! 🔥📊💬 Stay sharp. Stay informed. Trade smart. 💬📊🔥
Short
by AlphaBull-Trading
RSI EMA VWMA Long-Only Strategy (Updated)RSI EMA VWMA Long-Only Trading Strategy This script is a fully adjustable long-only trading strategy designed to help traders identify profitable entry and exit points based on the Relative Strength Index (RSI), Exponential Moving Average (EMA), and Volume Weighted Moving Average (VWMA). The strategy is straightforward, yet powerful, combining trend-following and momentum-based indicators for enhanced decision-making. How It Works Entry Criteria (Buy Signal): A long trade is triggered when the RSI crosses above the lower threshold (e.g., 39) while the EMA is trading above the VWMA. This combination ensures that trades are initiated in favorable momentum and trend conditions. Exit Criteria (Sell Signal): Profit Target: The strategy automatically exits a trade once the price increases by the user-defined profit target percentage (e.g., 0.74%). Stop Loss (Optional): To limit risk, the strategy includes an optional stop loss feature (e.g., 3%). RSI Exit: Additionally, the trade is closed if the RSI crosses above the upper threshold (e.g., 78), indicating overbought conditions or reduced momentum. Key Features Indicator-Based Entries and Exits: Combines RSI (momentum), EMA (trend-following), and VWMA (volume-weighted trend) for highly effective signal generation. Fully Adjustable Parameters: RSI Period: Number of periods for RSI calculation (default: 6). Lower RSI Threshold: Determines when a buy signal is triggered (default: 39). Upper RSI Threshold: Determines when a trade is exited due to overbought conditions (default: 78). EMA Period: Number of periods for the EMA calculation (default: 8). VWMA Period: Number of periods for the VWMA calculation (default: 35). Profit Target (%): User-defined profit target to automatically exit trades (default: 0.74%). Stop Loss (%): Optional feature to exit trades when the price moves against the position by a certain percentage (default: 3%). Visualizations: Plots RSI values and threshold lines for easy interpretation. Displays EMA and VWMA trends for visual confirmation of the trend-following logic. Highlights buy signals with green triangles below the bars on the chart. Alerts: Built-in alerts for buy signals, making it suitable for webhook integrations or notifications. Use Cases Scalpers and Day Traders: This strategy is ideal for short-term traders who need precise entry and exit signals. Trend-Following Traders: By combining EMA and VWMA, the strategy ensures trades align with the prevailing market trend. Risk-Averse Traders: The inclusion of a stop loss and profit target allows for disciplined risk management and consistent results. Tips for Optimization Backtesting: Use TradingView’s Strategy Tester to evaluate performance across different timeframes and assets. Optimize parameters like RSI thresholds, EMA/VWMA periods, and profit targets to match your trading style and market conditions. Pair Selection: The strategy works best on trending assets with good volatility and liquidity. Risk Management: Ensure the stop loss and position sizing align with your overall risk tolerance. Paper Trading: Before live trading, test the strategy in a simulated environment to confirm its effectiveness. Disclaimer This strategy is shared for educational purposes and should not be considered financial advice. Always backtest thoroughly and trade with caution. Past performance does not guarantee future results. Adjust the parameters to suit your trading preferences and risk tolerance.
Long
by PPonBIN
Short term XRP Trade PossibilityHi all given recent market sentiment, market makers are still buying BTC . Noting market makers have heavy influence over the market. They just want to take out simple liquidity and stop loss hunt retail traders. Nothing new here. When crypto drops quick, people panic sell which contributes to the price of something dropping (many other factors to consider in crypto, but this is at face value). When stop lost hunts occur, liquidation cascades do too, never try to catch a falling dagger. Just a quick expectation, it ranges, breaks pattern in the short timeframe due to a fkn random pump, after it absolutely pumps to the target zone, where I will look to enter shorts close to price indicated by purple verticle line at two whit lines above it (expect it can go a cent or two higher). Also, DCA entries, that's a smart idea, just don't leverage trade above what your capital allows. Chances are low you hit the lottery. Anyways, swing trade ongoing - doing well. take profits whenever, if anything is to note it is one of the many obvious risk mitigation strategies. If you're in a trade and have profits that are 2x, take the initial investment out keep the rest for TPs or let it run with a stop loss at a critical point still ensuring your are in profit. It'll be like a free trade at that point.
Short
by getpeterm
4
Ripple's RLUSD Launch: A Catalyst for XRP's AscentRipple has launched its stablecoin, RLUSD, which has immediately spurred a notable increase in XRP's price. This launch not only marks Ripple's strategic expansion into the stablecoin arena but also positions XRP for potential new highs, catalyzed by both technical and fundamental advancements. Fundamental Impact: RLUSD's Design and Utility: RLUSD is designed to be fully backed by US dollar deposits, US government bonds, and other cash equivalents, ensuring stability akin to traditional currency. Monthly third-party audits further enhance its credibility and transparency, making it a trusted bridge between fiat and crypto. Its multi-chain support allows for broader adoption and integration, particularly in cross-border payments and DeFi applications. This aligns with Ripple's vision to improve the efficiency of global financial transactions, thereby directly benefiting the XRP ecosystem. Enhancing XRP's Ecosystem: The introduction of RLUSD is seen as a vote of confidence in CRYPTOCAP:XRP and the XRP Ledger (XRPL). By providing a stablecoin that complements CRYPTOCAP:XRP , Ripple aims to increase the liquidity and utility of CRYPTOCAP:XRP , potentially attracting more institutional investors wary of cryptocurrency volatility. The stablecoin's launch is expected to integrate more seamlessly into Ripple's existing payment solutions, enhancing both the XRP Ledger's utility and Ripple's service offerings. Regulatory Approval: RLUSD has received approval from the New York Department of Financial Services (NYDFS), adding a layer of regulatory compliance that could further legitimize Ripple's operations and XRP's use in broader financial systems. This approval is pivotal for Ripple's expansion in the regulated US market, a move that could set a precedent for other stablecoins. Technical Analysis Price Movement: Following the announcement and launch of RLUSD, CRYPTOCAP:XRP has seen a significant uptick, with its price jumping to $2.66, marking a 12.61% increase in the last 24 hours. This surge has pushed XRP past critical resistance levels, breaking a wedge pattern and setting sights on $2.65 and $2.91 as the next possible resistances. The high trading volume accompanying this price rise, up by over 100%, reflects strong market interest and confidence in XRP's direction. Overbought Conditions: The Relative Strength Index (RSI) for$ XRP currently stands at 82, indicating an overbought market which suggests caution for short-term traders. However, for long-term holders, this surge from $0.69 to $2.698 in just two months underscores a robust bull market trend, potentially fuelled further by the RLUSD launch. The technical outlook, with the RLUSD news acting as a catalyst, suggests a trajectory towards $5 before Christmas, fueled by both the intrinsic value of the XRP Ledger and the new stablecoin's impact. Conclusion Ripple's strategic introduction of RLUSD is not just a step towards diversifying its offerings but a significant leap in enhancing the XRP ecosystem's robustness and utility. From a fundamental standpoint, RLUSD offers stability and regulatory compliance, which are pivotal for mainstream adoption in financial services. Technically, the stablecoin's launch has propelled XRP's value, with market indicators suggesting continued growth. As Ripple continues to navigate the complexities of crypto-finance integration, RLUSD and XRP together are poised to redefine how digital assets can be leveraged for global payments, potentially setting new benchmarks in the crypto industry before the year's end.
Long
by DEXWireNews