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XRPUSDT trade ideas

XRPUSDT Unmistakable Signs of an UptrendFollowing XRPUSDT's breakout above the descending channel, unmistakable signs of an uptrend have emerged: Higher Highs and Higher Lows: Price action is consistently printing higher highs and higher lows, indicative of upward momentum. Support Zone Transformation: The previous resistance area has successfully transitioned into a support zone, reflecting bullish sentiment. Fibonacci Respect: The 61.8% Fibonacci level has been duly respected, underlining the strength of the uptrend. Bounce Off Uptrend Trendline: A clean bounce off the simple uptrend trendline further validates the bullish trajectory. Considering these factors, a 45% jump is easily anticipated, with overall much higher upside potential.
Long
by CryptoPAMM
1
Keep an eye on this level! It's time to keep a close watch on XRP, which is gearing up for a big move! If you're looking to trade XPR at the moment, here's a quick setup that you might find helpful! The idea is: Buy when the price breaks above 0.647$ and take profits at the levels shown in the chart. Targets: 1. 0.655$ 2. 0.675$ 3. 0.705$ ------------------------------------------- About our trades: Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!). Our TradingView page serves as a testament to this claim, and we invite you to verify it!
Long
by MBM_Crypto
1
XRP Holders Are Beginning to Lose Hope on the AltcoinXRP traders have accrued about $31 million in losses over the last week in trading. Traders are shedding their XRP holdings and on-chain activity has dropped since the altcoin bridged its year-to-date high on the 11th March, 2024. Technical Analysis CRYPTOCAP:XRP price is at risk of further decline as holders anticipate developments in the SEC vs. Ripple lawsuit. CRYPTOCAP:XRP price broadly consolidated above $0.60 on Thursday currently trading at $0.6233 up by 2% as The Securities and Exchange Commission (SEC) is set to file its remedies-related opening brief on Friday. According to Ripple and SEC’s agreement, the proceedings will remain sealed from public view and this has increased XRP holders’ anticipation of the developments in the legal battle. CRYPTOCAP:XRP quickly dropped below the key support level at $0.60 on Thursday morning and surged to $0.6234. The altcoin has repeatedly tested the $0.60 support and rebounded from it, signaling its importance for the altcoin. If the bears gain momentum, CRYPTOCAP:XRP could potentially drop to $0.5464. Moreover, the altcoin could collect liquidity at this level, it could see a rebound and target a new resistance level of $0.6886. Meanwhile, the Relative Strength Index (RSI) has shown a moderate growth rate for the asset at 51 indicating a neutral Pendulum bulb here. No overbought neither is there oversold scenario. On-Chain Metrics On-chain metrics pose a loss of interest in CRYPTOCAP:XRP while the altcoin faces a price correction. CRYPTOCAP:XRP has considerably decrease in on-chain activity, as measured by the Active Addresses and Whale Transaction Count of those transfers valued at $100,000 and higher. according to Santiment’s on-chain data, CRYPTOCAP:XRP reached its year-to-date peak on March 11 and since then these two metrics have been declining steadily. This occurs at the same time as XRP’s price has corrected. Ripple lost nearly 20% since March 11 together with the drop in activity.
Long
by DEXWireNews
2
Ripple can exit from triangle and continue rise to 0.6660 levelHello traders, I want share with you my opinion about Ripple. Observing the chart, we can see that the price some days ago reached the support level, which coincided with the support area inside the upward channel and after two times it rebounded below. After this movement, Ripple turned around and in a short time rose to the resistance line of the channel, thereby breaking the 0.5680 level, but soon XRP bounced from this line and fell to the support line. Soon, the price made a strong upward impulse from this line to the resistance line, making a fake breakout of 0.5680 level and also breaking the 0.6660 level, which coincided with the seller zone. Then Ripple exited from the upward channel and rose to the resistance line of the triangle, after which it turned around and soon declined back to the 0.6660 level, broke it, and continued to decline. When the price declined to the support level, it a not long time ago rebounded and started to rise, so, I think that Ripple can reach the resistance line and break it, thereby exiting from the triangle. After this, possible that the price will make a retest and continue to rise to the resistance level. For this case, I set my target at the 0.6660 level. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
1
XRP BULLISH. BE READY, IT HAPPENS FASTThe sentiment around XRP/BTC appears to be quite varied with several perspectives suggesting a potential for significant movement. Some analysts on TradingView are pointing towards the possibility of XRP reaching lower support levels against BTC, which could set the stage for a significant pump, potentially up to 70%. This analysis aligns with your bullish outlook, suggesting that if certain conditions are met, XRP could indeed see a notable upward trajectory. Further analysis indicates a range-bound behavior with the beginning of an uptrend expected. There's talk of XRP being in a "great buy opportunity" zone, suggesting that current levels might be attractive for long-term holders looking to capitalize on potential future gains. Investing.com notes the current XRP/BTC trading at around 0.00001290, with a day's range of 0.00001285 - 0.00001336, highlighting recent fluctuations and the dynamic nature of the market. While these analyses provide a promising outlook for XRP against BTC, it's crucial to remember that cryptocurrency markets are highly volatile and unpredictable. Investors should conduct their own research, consider their risk tolerance, and possibly consult with a financial advisor before making investment decisions.
Long
by Rickkiee
Cryptolean Ripple XRP Update Yesterday, XRP dipped to below the key daily support at $0.593 and we need to wait for today's daily candle closure. I would like to avoid a sustained price action below $0.593. An inability to sustain the price action above $0.593 will lead to a decline to $0.543 and we will see a considerable slow down in the price momentum. A bullish break-out of $0.593 will result in a re-test of $0.65-$0.675 zone. Intraday chart In the 4-Hour chart of XRPUSDT, the #Ripple coin is in the bearish territory and teasing the intraday support at $0.586. A bullish rejection of $0.586 could push #RippleXRP price for a re-test of $0.618, and possibly higher to $0.68. A ibearish break-out of $0.586 will result in another bearish dip towards $0.519-$0.547, the next key intraday support zone.
by Trade-Lean
2
XRPUSDT 1W LONG📈Hi all. Timeframe 1 week. Locally, Ripple, after declining in the downward channel, is consolidating at the support of the global upward channel. On the upcoming bull run, a fractal repetition of growth towards the channel resistance is possible. Depending on your type of trading, it is possible to recruit to spot now, with unlikely gains from green levels. Or go long on a breakdown/retest of the local channel. It should be remembered that the entry during a retest is the safest, but during a breakdown it may not be available. Marked goals and levels on the chart.
Long
by KvazarBTC
3
XRP about to make moves!It's time to keep a close watch on XRP, which is gearing up for a big move! If you're looking to trade XPR at the moment, here's a quick setup that you might find helpful! The idea is: Buy when the price breaks above 0.631$ and take profits at the levels shown in the chart. Targets: 1. 0.65$ 2. 0.665$ 3. 0.685$ ------------------------------------------- About our trades: Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!). Our TradingView page serves as a testament to this claim, and we invite you to verify it!
Long
by MBM_Crypto
4
#XRP/USDT#XRP The pair has been moving in a falling wedge since September 2022 The price has always respected the lower and upper border of the wedge Currently, the price has begun to rise to reach the upper border of the downtrend Supported by the momentum of Moving Average 100 The selling follow is on the MACD It is expected that the downtrend will be broken, heading towards upward targets The price now is 0.6600 First target 0.7880 Second goal 1.2900 Third goal 1.7900 It has 350% of the current price Support and resistance points must be taken into account as there are possible corrections during the rise ✅Thank you, for more ideas, hit 🚀 Like❤️ and 🌟Follow🌟!
Long
by CryptoAnalystSignal
1