$XRP monthly chart and forecast.Take a look at this monthly chart,
Here’s what I’m seeing on the monthly timeframe:
- **MACD**: Historically overbought, with the EMA on the verge of a bearish crossover.
- **RSI**: Also at historical overbought levels, signaling a potential massive crash.
Based on these indicators, here are my conclusions:
1. This pump doesn’t seem organic—it’s far too extreme.
2. We’re at an **ATH**, and there’s a strong chance this could be the last one for the next 2–3 years.
I do not trade this coin.
DYOR
XRPUSDT trade ideas
XRP: Bullish continuation imminent! XRP has been on a massive upside move, and currently, the price is cooling off in a falling wedge pattern! If you're looking to trade XRP at the moment, here's a quick setup that you might find helpful!
The idea is: Buy when the price breaks above $2.51 and take profits at the levels shown in the chart.
Targets:
1. $2.6
2. $2.7
3. $2.8
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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!
Buy the rumors, sell the news...As we can see in this indicative projection using Eliott Waves, there is a world we can imagine a retracement of XRP token.
Correlated with Fibo levels..
Let's see if the futurs and others indicators confirm or not.
This is only EDUCATION CONTENT !
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XRP Long OpportunityMarket Context:
XRP has shown strong performance and is revisiting the 2021 resistance highs, which have now flipped into support. This creates an ideal zone for a long entry with solid risk-to-reward potential.
Trade Details:
Entry Zone: Around $1.80
Take Profit Targets:
$2.42
$2.90
Stop Loss: Close below $1.60
This setup aligns with XRP’s bullish structure, providing an opportunity to capitalize on its momentum while managing downside risk effectively. 📈
XRP / USDT : rebounding from key support XRP/USDT: Rebounding Strongly from Key Support
XRP/USDT is showcasing resilience 💪 as it bounces back from a critical support level, indicating the potential for bullish momentum to build 📈. This key level has previously acted as a strong demand zone, and the current price action suggests a similar upward move may be on the horizon 🚀.
Key insights:
1. Strong support zone: XRP has rebounded from a well-established support area, reinforcing its significance in holding buyer interest.
2. Momentum indicators: RSI and MACD are shifting positively ⚡, signaling that bullish momentum may be returning.
3. Volume surge: Early signs of increasing volume suggest renewed buying interest 🔥.
Steps to confirm the uptrend:
Look for a clear 4H or daily candle close above immediate resistance levels 📍.
Monitor trading volume; a significant increase during upward moves supports the bullish narrative 📊.
Confirm higher highs and higher lows on the charts to validate a trend reversal 📈.
Risk management strategies:
Place a stop-loss below the support level to minimize potential risks 🔒.
Gradually scale into positions as bullish confirmation unfolds 🎯.
Maintain disciplined position sizing to align with your overall trading strategy ✅.
Important note:
This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research (DYOR) 🔍 and trade responsibly.
XRPUSDT.4HThis analysis provides a comprehensive look at the XRP/USDT pair based on the 4-hour chart data. We aim to evaluate the current price dynamics, identify critical levels, and provide an informed forecast based on the observed technical indicators.
Price Action and Trend Analysis:
XRP has recently displayed a consolidation pattern, breaking down from a symmetrical triangle that indicates a period of indecision before a potential directional move. The recent price action below the support level suggests a short-term bearish sentiment.
Key Levels to Watch:
Resistance Level (R1): $2.0910 is the immediate resistance level, previously acting as both support and resistance, making it a pivotal level for any potential upward movements.
Support Levels (S1 and S2): The first major support is found at $2.0910, which if breached could lead to further declines towards the stronger support (S2) at $2.00. This level could serve as a psychological barrier for further losses.
Technical Indicators:
MACD: The Moving Average Convergence Divergence (MACD) is trending below the signal line, indicating bearish momentum. The histogram also shows increasing bearish volume, which supports the potential for further downside.
RSI: The Relative Strength Index (RSI) is near 55, suggesting a slight bearish bias but not yet in the oversold territory, which means there could be more room for downward movement before a potential reversal.
Volume and Market Sentiment:
The trading volume has been relatively consistent with the price declines, confirming the bearish outlook in the short term. The market sentiment appears cautious, reflecting the recent breakdown from the consolidation pattern.
Conclusion and Trading Strategy:
The breakdown from the consolidation pattern and the technical indicators suggest a bearish outlook for XRP in the short term. Traders should consider potential short positions on rallies towards $2.0910, with stops above this level. The primary targets would be the next support levels at $2.00 and further down at $1.90, depending on the momentum and market response at the first support.
Summary:
The current technical setup in XRP/USDT points towards a bearish continuation, with key levels providing both entry points for shorts and potential reversal zones if a bounce occurs. Caution is advised, as the near-term market conditions show increased volatility, requiring vigilant risk management and adjustment of positions based on price action at these critical levels.
XRP Possible FVG Retest before moving up again
FVG's seem to always get filled (they at the minimum, act as a strong support/resistance level). We will see if the XRP army rallies from these latest retests but $2.23 would seem to be a reasonable buy so long as OBV shows a buy.
There was a good short opportunity shown in the chart. I didn't take it as I was thrown by the green candle (also a green candle on OI) but I should follow my golden rules of OBV always being right!
XRP/USDT THE RETURN OF $1 AFTER LONG TIME..XRP seems to have a low time frame and a high time frame to make a new trend change.
XRP has been a long time in the breakdown.. This year seems XRP to add a new change in the trend for the first time.
On the low time frame, XRP seems to make a new increase level, which can allow XRP to return to the first target of $ 0,74 followed by a target up the $1
We will follow XRP
XRP: TARGETING $3🚀 XRP: TARGETING $3 – THE BULLS ARE IN CONTROL! 🐂
XRP is displaying clear bullish intent as it moves strategically toward key levels, offering a prime opportunity for those aligned with the bulls.
📊 What’s Happening?
We’re currently eyeing the 2.5100 Fair Value Gap (FVG) on the 4H chart, a key zone that XRP seems determined to fill. The price action suggests that after reaching the previous daily high, we could see a minor retracement or accumulation phase before resuming the upward march.
🌀 The $3 Milestone in Sight
If this scenario plays out as expected, XRP’s next significant move could see it breaking into the $3 range. This aligns with its broader uptrend and increasing market interest, setting the stage for a continuation of bullish momentum.
🔥 Why the Bulls Are Confident
The current structure and flow are favoring buyers, with XRP maintaining its composure even during pullbacks. A minor retracement or consolidation phase around key levels will only solidify its base for a stronger push upward.
👉 Are you ready for the next leg up? XRP is sending a clear signal to join the bulls as it marches toward $3 and beyond.
What’s your outlook? Share your thoughts below! 💬👇
Daily XRP - Crash or ConsolidationTaking a look at the daily XRP chart we can see that XRP remains above the long term upper channel resistance where it remains heavily in the over bought territory on the monthly time frame. Take a look at our Monthly XRP chart idea below for more on this.
Back to the daily XRP chart, we can see that XRP has been forming lower highs and lower lows, a classic sign of a the bulls failing and the bears beginning to take over.
We can see that the Fibonacci Retracement, drawn from the most recent high - the all time high price of 2.904, down to the most recent low of 1.908 (which also happens to be inline with the long term channels upper resistance level) has seen a retracement and rejection of the 0.764 Fib which sits at 2.6678. From here, as per the Fibonacci's expectations we would presume that the first target would be the -0.272, or any of the other Fibonacci extension levels which line up with relevant support levels - highlighted by the blue box.
Monthly XRP Analysis:
If we look at the above Monthly XRP chart we can see that for the month of December 2024 the RSI is still in overbought territory, after reaching the highest "over bought" RSI reading in XRP's entire history. Usually, after such an overbought month, XRP finds its way back down heavily before consolidating for a number of months within a tight range.
Therefore we would expect to see XRP fall heavily, back within the Long Term Channels range. However, it is possible that XRP could continue with this lower high, lower low formation on the daily whilst remaining outside of the Upper Channels Resistance level. It would have to do this for the period of December, and perhaps January and February too before it could potentially set another All Time High - this is because we need to allow XRP either the time for its RSI to come back within a neutral level, or XRP will force its way back into this neutral zone and thus bring it back into the long term channels range.
Right now, it can be bought upon retests of the upper channel resistance (with a very tight stop) and sold/ shorted upon the formation of a new lower high - if attempting to scalp theses movements. Personally, we would recommended waiting to see whether or not XRP wants to come back within the channels range over the next couple of months and if so, look for a much lower long entry once it comes back into range.
The long awaited XRP pullbackHello, traders!
I’ve got some great news. From now on, I’ll be reviewing coins that my readers are most interested in — specifically, the most popular and trending ones in this cycle. And the first one on the list is XRP.
Considering BTC's ambitious targets for 2025 and the potential for significant regulatory shifts, XRP is just beginning its journey...
The price has found support at the $1.9 level, forming a zigzag correction. The retracement targets have been met, and XRP could continue reaching new all-time highs. However, due to the overall market weakness, the risk of a double zigzag remains. Given this, it’s reasonable to start building a position with the possibility of averaging down in case the price revisits local lows.
Recent News --> Following the bull run triggered by news of SEC Chairman Gary Gensler's potential resignation, we’ve received fresh updates about the New York regulator approving Ripple's stablecoin, RLUSD. Ripple CEO Brad Garlinghouse confirmed the development today, adding that the company will soon announce exchange listings and partnerships for the asset.
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XRP GETTING WEAK. BE CAUTIOUS Just wanted to point out a few things on xrp. First off it’s had an amazing run. Gotta give it that. But nothing goes up forever. Greed takes over and big boys will always take their profits.
Xrp volume is consistently going down lately. Strength is starting to show signs of weakness and rolling on over soon. We are at 95 on the rsi 5 day here. Price going up as volume falls is a sign of divergence as well. All signs lead to a reversal soon.
Be careful out there guys. Happy trading, and God bless all.
XRP/USDT Latest UpdateXRP/USDT Latest Update
As shared in my previous idea, XRP has already seen a 12% increase from the levels mentioned. However, for the short-term outlook over the next few days, I expect XRP to potentially drop below the 2.40 level.
Please note, this is not financial advice. Always do your own research (DYOR).
Good luck with your trades!
XRP Flag Setup XRP price broke out of the flags descending channel hitting a high of 2.72 .
This high coincides with the 0.786 fib resistance level as well as the supply zone between 2.55 - 2.6490.
I'm expecting bears to push the price back down to the 50% level at 2.1 from here before triggering the long entry to 3.5 .