$XRP Ready for Asia to send it...Hourly showing nice work on all indicators and has created its own Cup and Handle. Add in the pennant above volume shelf and it creates an ideal situation for a substantial move higher.
XRPUST trade ideas
Keep an eye on this level! It's time to keep a close watch on XRP, which is gearing up for a big move! If you're looking to trade XPR at the moment, here's a quick setup that you might find helpful!
The idea is: Buy when the price breaks above 0.647$ and take profits at the levels shown in the chart.
Targets:
1. 0.655$
2. 0.675$
3. 0.705$
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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!
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.
XRP After the breakout will go upXRP After the breakout will go up
🔵Entry Zone 0.5908 - 0.6234
🔴SL 0.5467
🟢TP1 0.6928
🟢TP2 0.8320
🟢TP3 1.0980
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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XRPUSDT - Long Couple of things to note here:
USDT pair:
Support on 1D and 2D GRM
Triangle breakout
BTC pair:
Oversold on 1W (also 3D,4D,5D,6D...)
Massive bullish divergence + multiple indicators flashing green
Check charts below and verify for yourself
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 🚀
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.
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-$0.547, the next key intraday support zone.
[XRPUSDT] - under retesting!for weekly chart xrp going to retest the 0.382 fib level and upper side of the massive symmetrical triangle..
successfull retest meaning 1$ is our target .
don't forget to support us with ur like , comment and follow for more updates🎯
Ripple(XRP): Potential Breakdown Near 200EMARipple coin caught our attention with multiple touches to that 200EMA line, which usually has been acting as a good bounce zone but not right now.
We see a weakness to kick near that zone and also no big volume, which could push the price back up. For now, we are looking for a breakdown!
Swallow Team
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.
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!
#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🌟!
XRP Long 0.6247🚀💲XRP Long 0.6247
Entry into the deal on the "breakout" model
🤖🎁1st target 0.99
Yesterday a large volume entered the coin. The increased volume holds for more than a day.
Deep pullback destroyed longs with big shoulders.
🚀🚀🚀The coin is ready to start!
Massive wall of sell orders in XRP between current price and .68As of this post, there's a MASSIVE wall of sell orders between the current price, and the .68 cent level in XRP. This will be challenging to get through without some volume on the buy side, but if that buying volume does roll in, these sell orders will provide the liquidity required for those buys. If XRP bulls do manage to clear out this area of sell orders, and drive the price up, we could see a nice squeeze around the .70 cent level as shorts panic to exit their positions.
Good luck, and always use a stop-loss!
XRP SHOWING NEW TREND VOLUME FIRST TIME 2024Thanks for reading this update.
XRP seems to show new confirmation on the new opening time frame trend..
XRP bouncing from weekly support, may head to 0.8-0.9The price has found support at weekly support WS1 and has bounce from there. I think the price will target the weekly resistance WR1 as its next goal. The resistance next to WR1 is a monthly resistance MR1 around 0.8-0.9. MR1 will be a significant resistance level in case price reaches there and will cause a substantial pullback.
Let's see what happens with this Dog shit.Added two more predictive trend lines to the CRYPTOCAP:XRP chart. Now listen, this does not mean that #XRP can't break out back to .70 or dump to .49 cents - TA for crypto is just possibilities, not fortune telling like the TA accounts try to tout.
RIPPLE - Price can bounce up from support level to $0.6555 pointHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
Recently price entered to rising channel, where it first declined below support level, which coincided with support area.
But in a short time it rose back and even later reached resistance line of channel, after which XRP made correction.
After correction, Ripple made strong upward impulse to $0.7440 points, thereby exiting from rising channel.
Also, price broke resistance level and started to decline in triangle, where price soon fell below $0.6900 level.
Later price declined to support level and a not long time ago it bounced up to resistance line of triangle.
Possibly, Ripple can decline to support level and then bounce up to $0.6555 points, exiting from triangle pattern.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
XRPUSDT Bullish View Last Move was Great and made my starategy 123 for bullish view !
So in Last correction if it made another 123 so buy it with 2 R/R can be awesome ?
Updated and simplified XRP Cup & Handle chart.XRP has an uphill battle ahead for the bulls. Gaining ground won't be easy unless buying volume rolls in, but it is possible to break back into the .70's range fairly quickly if this is the case.
Good luck, and always use a stop-loss!
