XRP 20% Increase NextAfter winning the lawsuit, #XRP has made a new range and we are #trading at the bottom of the #volume profile of that range. There is a higher probability that we move 20% higher to test the top of the #range leading into a potential #breakout.
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This is not financial advice. This is for educational purposes only.
I-XRP
The Symmetrical Triangle on the monthly logchart w/ a $10 targetQuickly reaching its Apex. Reaching the target of this triangle should trigger the breakout on all the triangles / pennants / c&hs / and flags that are even bigger than this triangle and eventually get us to even higher targets as well. *not financial advice*
XRP | Buy/Sell-side Imbalance\Inefficiency + Buy/Sell-side Liq.Markets consist of three things:
- Time
- Price
- Liquidity
All of the green lines represent Buy-side liquidity. All of the red lines represent sell-side liquidity. The price will seek areas that are inefficient in order to correct them, and it will also seek high concentrations of liquidity to fill large orders, and to stockpile coins for future market delivery.
Keep you eye's on these SIBI/BISI areas, as price will be drawn to them like a magnet.
SIBI -
Sell-side imbalance: There is an excessive supply of sell orders in the market, indicating a dominance of sellers.
Buy-side inefficiency: At the same time, there is a lack of effective buying pressure, meaning that buyers are not able to absorb the available sell orders.
BISI -
Buy-side imbalance: There is an excessive supply of buy orders in the market, indicating a dominance of buyers.
Sell-side inefficiency: At the same time, there is a lack of effective selling pressure, meaning that sellers are not able to absorb the available buy orders.
Good luck, and always use a stop-loss!
XRP LONG AFTER STOPRUNEntry Reasoning: The red zone indicates a "stop hunt" area where liquidity was likely collected after breaking below recent lows. This manipulation phase suggests a reversal and a potential rally as buyers reclaim positions.
Targets:
First Target at around $0.6600 - aligns with a previous structural resistance level.
Final Target at approximately $0.7400 - near a significant high, likely to attract profit-taking and potential resistance.
XRP/USDT 1D Chart ReviewHello everyone, let's look at the current situation of XRP in pair with USDT taking into account the one-day time frame. In this situation, we can see the price rebounding from the downtrend line.
Let's start by setting goals for the near future, which include:
T1 = $0.57
T2 = $0.60
T3 = $0.63
T4 = $0.68
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $0.52
SL2 = $0.47
SL3 = $0.42
XRP signalBased on the chart provided for XRP/USD , here's an analysis of your trade setup:
Trade Analysis for XRP/USD:
- Entry Point (EN): 0.5399
- Stop Loss (SL): 0.5445
- Take Profit 1 (TP1): 0.5347
- Take Profit 2 (TP2): 0.5275
The chart illustrates a trading range where XRP is expected to move between support and resistance levels. The market shows signs of a possible rejection around 0.5445, suggesting an opportunity to enter a short position at 0.5399 with two potential profit targets, the first around 0.5347 and the second at 0.5275.
A stop-loss is set above the recent highs at 0.5445, ensuring risk management.
XRP Price Analysis: Potential 20% Drop Amid Key Support LevelsXRP is currently trading within a box pattern, with a lower high suggesting a higher probability of a downside breakout. If the crucial support level of $0.5213 is lost, there is a 20% potential drop in price, targeting $0.4164. If you are holding XRP, you might consider selling, or alternatively, you could take a short position upon a clear break of the $0.5213 level. Given the importance of this support, a sharp decline is expected if it breaks. Keep an eye on this critical zone for any significant moves.
XRPUSD Will it repeat the November 2020 break out?XRPUSD is trading under a Falling Resistance since July 2023.
For the past 3 months the price has been consolidating.
This is an identical price action to what produced the November 2020 bullish break out above the Falling Resistance.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 1.9750 (Resistance 1).
Tips:
1. The RSI (1w) is also forming a sequence simiarl to October 2020.
Please like, follow and comment!!
Notes:
Past trading plan:
XRP Poised for Breakout After Consolidation to Support of $0.50In a major development, Turkish banking giant Garanti BBVA has announced a strategic partnership with Ripple and IBM to launch a secure crypto trading and custodial platform. This collaboration, aimed at enhancing the security and efficiency of Türkiye’s crypto asset market, will utilize Ripple Custody alongside IBM’s cutting-edge technologies. The integration promises robust security features, including data encryption, and will provide institutional-grade performance for Garanti BBVA’s 14,000+ customers.
A Game-Changing Partnership
Garanti BBVA's partnership with Ripple and IBM sets the stage for a transformative shift in the Turkish banking sector’s approach to digital assets. By leveraging Ripple Custody’s secure infrastructure and IBM’s technology stack, the platform will offer a flexible governance framework designed to mitigate risks posed by malicious actors and safeguard client assets. The use of Hardware Security Modules (HSMs), along with top-tier security certifications, will bolster the trust of institutional investors by eliminating single points of failure and protecting sensitive customer data.
This collaboration not only marks a key milestone for Ripple, especially amid its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC), but it also signifies a major leap forward for Türkiye’s burgeoning crypto market. As Ripple continues to innovate and expand despite the regulatory hurdles, this partnership shows the firm's commitment to providing compliant and secure solutions globally.
Aaron Sears, SVP of Global Customer & Partner Success at Ripple ( CRYPTOCAP:XRP ) , expressed enthusiasm about this partnership:
“We’re thrilled to partner with Garanti BBVA Kripto to bolster the development of Türkiye’s vibrant crypto asset market. Secure custody is foundational to unlocking value and addressing the growing demand for new asset classes across the digital economy.”
Technical Outlook: What’s Next for XRP?
Despite this groundbreaking partnership, CRYPTOCAP:XRP is trading down by 1.55% at the time of writing. However, the cryptocurrency has shown resilience in the face of market fluctuations and regulatory challenges. CRYPTOCAP:XRP recently broke down of a rising wedge pattern—a typically bearish signal—but in this case, the breakout can be viewed as a consolidation move. This suggests that CRYPTOCAP:XRP could test the $0.50 support level before making a bullish run towards the $0.60 resistance pivot.
This anticipated price movement aligns with increased interest and momentum spurred by the partnership with Garanti BBVA and IBM. A break above the $0.60 level could ignite a substantial influx of buyers, with a potential surge to $1 before Halloween or the U.S. presidential election in November. The strong fundamentals behind CRYPTOCAP:XRP , including its technological advancements and strategic partnerships, indicate a positive outlook for the asset’s long-term trajectory.
Ripple’s Expansion Amid SEC Struggles
XRP’s innovation and adaptability have kept it at the forefront of the crypto market, despite its ongoing legal struggles with the SEC. The partnership with Garanti BBVA demonstrates Ripple’s ability to attract industry-leading collaborators and deliver secure, scalable solutions. Furthermore, Ripple is also preparing for an initial public offering (IPO) slated to launch within the next year. This IPO could further boost market sentiment for CRYPTOCAP:XRP , making it a key asset to watch.
XRP is well-positioned for growth, even amid short-term price volatility. As Ripple expands its services, such partnerships will only strengthen XRP’s role in the digital asset ecosystem.
Conclusion
Garanti BBVA’s partnership with Ripple and IBM is a clear testament to XRP’s long-term potential in the evolving crypto landscape. Despite the regulatory hurdles, CRYPTOCAP:XRP continues to push the envelope with technological innovations and strategic collaborations. With strong institutional backing, advanced security features, and a resilient technical setup, CRYPTOCAP:XRP could see significant gains in the coming weeks, making it an asset to keep on the radar.
As the digital asset market evolves and the legal landscape for Ripple clears up, the future looks bright for CRYPTOCAP:XRP , with potential price targets of $0.60 and beyond.
'THE XRP BREAKOUT CHART' - May predict the month of the breakoutTHE XRP BREAKOUT CHART is a chart I created to show a very interesting trend that I discovered within XRP's monthly chart. Four times in XRP's previous price action history, prior to periods of significant price appreciation, XRP formed a FVG (fair value gap), as shown in the white boxes, which consisted of three candles. Then, while within that FVG, price broke out on the 8th candle four consecutive times. Three of these four FVG breakouts were preceded by, or included, a single liquidation candle breaking below the lower trend line. Regarding current price action, we just saw the pattern liquidation candle this past July. So, it appears that this trend will continue for the next breakout of the current wedge pattern.
However, the key takeaway is that the pattern FVG has not formed, which means, as of this month (October), if the pattern is to repeat for a fifth time, then we are at a minimum of eight months away from the breakout we have all been waiting for.
The herd—retail investors and YouTube influencers—believe, in sync, that the breakout will begin in mid-December, continue through January, and peak around late February to early March. According to this chart, they’re all wrong.
I believe that incredible price appreciation is coming in the future, but I think this pattern will repeat. That means the breakout of the current wedge pattern, at the earliest, will be sometime around mid/late summer to early fall of 2025, most likely on the 8th monthly candle within the next FVG formation. But when will the first three candles form?
Good luck, and always use a stop loss!
Golden Cross is forming on Bitcoin Weekly Charta Golden Cross is forming on the Bitcoin MACD Weekly Chart.
We saw what that did to the price of Bitcoin before as pointed in the chart.
Bitcoin is near the all time high price now and could make new highs any time soon.
Very bullish months to come for Bitcoin & the Crypto market!!
Ripple: ConsolidationXRP is currently moving within a sideways range and remains between our two scenarios. Primarily, we expect a drop below the support level at $0.2874 before the magenta wave (C) is completed. After establishing this low, the price should rise over the long-term. However, if the price rises imminently and breaks the resistance level at $0.9479 (probability: 45%), we will already consider the price in the alternative magenta wave alt.(D).
Xrp - This Is The Bullish Breakout!Xrp ( BITSTAMP:XRPUSD ) is preparing two major breakouts:
Click chart above to see the detailed analysis👆🏻
Xrp has been consolidating for almost 7 years and if a triangle breakout happens, it will certainly be followed by new all time highs. Price action and market structure are both pretty clear, and it seems almost impossible for Xrp to break the current support. Therefore longs!
Levels to watch: $0.5, $1.0
Keep your long term vision,
Philip (BasicTrading)
XRPUSD This is how it can reach $10 by the end of 2025.XRPUSD hasn't made a new ATH since January 2018. Instead its last Cycle was a Lower High of a 6 year Triangle that hasn't been broken yet.
The price has been consolidating for 18 months and is pattern is running out of space.
Volatility is expected to become fierce until the end of the year but if it follows the expansion pattern of the 2013-2016 Triangle, then we can see a massive price explosion early in 2025.
That rally reached the 2.0 Fib, the parabolic channel of XRP suggests it won't go higher than the 1.5 Fib.
As a result, we think $10 is a fair price in this scenario.
Follow us, like the idea and leave a comment below!!
Possible Scenarios For RippleCurrently, XRP is oscillating within a price channel, and no decisive move has been made either upward or downward. This channel is defined by a clear top and bottom, with a potential supply zone above, which could influence future price action.
Possible scenarios:
Break above the channel: If the price manages to break above the channel, it may approach the higher supply zone. At this point, it would be important to observe how the price reacts to this level.
Reaction to the supply zone: After reaching the supply zone, the price might face selling pressure and move back towards the lower support levels within the channel.
XRP Price Set for a Breakout: Could $1 Be the Next Target?CRYPTOCAP:XRP has recently caught the attention of traders and investors alike, with notable price movements sparking optimism for the coin’s short- and long-term potential. Following a 4% price surge today, CRYPTOCAP:XRP is currently trading at $0.5577, and analysts predict that the cryptocurrency could be on track to hit $1 in the short term, potentially reaching as high as $7.5 in the long run.
Ripple SEC Case Drives Sentiment
XRP’s recent rally can largely be attributed to developments in the ongoing Ripple-SEC lawsuit. Market sentiment has been increasingly positive as speculations rise over the U.S. Securities and Exchange Commission (SEC) potentially missing a critical filing deadline. Ripple’s Chief Legal Officer (CLO) mentioned that the SEC had until October 16 to file the necessary Form C in its appeal, yet no filing had been made by that date. Although some sources, like journalist Eleanor Terret, indicate the SEC might have until October 18, the missed deadline speculation has fueled bullish sentiment for XRP.
The Ripple-SEC legal battle has been an overhang for XRP’s price for years, but recent cross-appeals by Ripple have shown that the company remains confident in its position. The anticipation surrounding a favorable outcome has injected renewed optimism into the market, leading to higher trading volumes and price volatility.
Additionally, Ripple’s announcement of exchange partnerships ahead of the launch of its new stablecoin, RLUSD, also plays a significant role in boosting confidence. Exchanges like Bitstamp, Uphold, and Bullish, along with market makers such as B2C2 and Keyrock, are on board to provide liquidity for RLUSD, further solidifying Ripple's ecosystem.
Technical Analysis
On the technical side, CRYPTOCAP:XRP has exhibited positive market behavior in the past few days, fueled by this optimistic sentiment. Currently trading above the key $0.56 level, We are predicting a breakout within the next 15 to 30 days, driven by mounting pressure between buyers and sellers. The analyst has identified a critical resistance level between $0.61 and $0.62, which, if breached, could lead to a significant price uptick.
At the time of writing, XRP’s technical indicators reveal a moderate Relative Strength Index (RSI) of 51.17, signaling neither an overbought nor oversold market. This neutral RSI suggests that the coin has enough momentum to push higher without hitting overbought conditions, making a move to $0.61 pivot Point.
Furthermore, CRYPTOCAP:XRP is trading just above its 200-day Moving Average (MA) but remains slightly below its 50-day and 100-day MAs, reflecting consolidation in the market.
As CRYPTOCAP:XRP continues to consolidate, its triangle formations suggest a buildup of tension between buyers and sellers, setting the stage for a breakout. Should the price breach the identified resistance, a bullish move to $1 could come into play, aligning with our predictions. On the downside, a failure to break the “Genuine Wake-Up Line” and falling below the “Atlas Line” could signal a bearish reversal, but for now, the indicators are tilting towards a bullish outcome.
Long-Term Outlook: $7.5 Potential
While the short-term target remains $1, the long-term outlook for CRYPTOCAP:XRP is even more exciting. If market conditions remain favorable CRYPTOCAP:XRP could rally further, potentially reaching $7.5. This prediction is contingent upon the broader cryptocurrency market rally, the ongoing developments in the Ripple-SEC lawsuit, and Ripple’s success in rolling out its stablecoin and expanding its cross-border payment solutions.
Given the increasing utility of CRYPTOCAP:XRP , particularly in enterprise-grade payment solutions, and Ripple’s strong regulatory focus with RLUSD, the coin could become an essential part of the evolving financial infrastructure.
Market Confidence Boosts CRYPTOCAP:XRP
The broader crypto market has also experienced positive momentum, with Bitcoin recently hitting $68,000 and other altcoins following suit. This "Uptober" rally, as many are calling it, has led to renewed confidence across the board. XRP’s participation in this rally is bolstered by its role in cross-border payments and the anticipation of the Ripple stablecoin, making it a strong candidate for further price growth.
Conclusion
CRYPTOCAP:XRP is riding on the back of positive market sentiment fueled by the Ripple-SEC case and Ripple’s upcoming stablecoin launch. Technically, the coin is well-positioned for a breakout in the next few weeks, with $0.60 acting as a key pivot level. If XRP manages to break through the $0.61-$0.62 resistance, a run toward $1 could become a reality, and the long-term prospects remain equally bullish with the possibility of hitting $7.5 in the future.
As always, investors should remain cautious, given the legal uncertainties, but the outlook for CRYPTOCAP:XRP seems brighter than it has in recent months.
Ripple / XRP AnalysisXRP price today is $0.39 with a 24hour trading volume of 1.2 billion dollar. XRP price is up 1% in the last 24 hours and 11% since last week
In the daily timeframe, the price formed an ascending price channel pattern, and after being supported by the lower trendline, it started moving upward. However, the $0.4 resistance level has paused the rally for now, resulting in short-term price consolidation.If xrp surpasses the $0.4 level, the channel’s middle trendline and the $0.5 levels will be the next obstacles to surpass. On the other hand, if the $0.4 level rejects the price, the channel’s lower boundary will be the next significant support level. short term targets are 0.43 , 0.45 , 0.47 and 0.5$
Ripple Moves 100M XRP amid growing whales Interest in asset plus xrp overtakes BTC and ETH in terms of trading Volume in Australia
Bullish Butterfly Ascends a Channel w/Underlying Fib LevelsHere I have BINANCE:XRPUSDT on the Weekly Chart!
Beginning of March 2020, BINANCE:XRPUSDT hits its Lowest Low @ .1013
Beginning of April 2021, BINANCE:XRPUSDT hits its Highest High @ 1.9669
For context ~1,800% Increase in 1 Year
Taking the Fibonacci Retracement Tool, we can see that Price made a drop after the Higher High (Point A) to the 78.6% level (Point B), created a Lower Low at the 32.8% (Point C), then was rejected after descending to the 88.6% (Point D) and with this Price Action, formed a Bullish Harmonic Butterfly Pattern!!
Parameters:
X - B .786
A - C .382 / .886
B - D 1.618 / 2.618
X - D 1.27 / 1.618
(B/D and X/D Fall Short)
-Price is continuing to trade Above the 200 EMA
With the short-coming completion of this pattern, sprouts an Ascending Channel that Price now currently is traversing up!
-If Price can continue this upward path, I believe it will battle with the Overlying Resistance Zones that line up with these Fibonacci Levels!
1) .8139 - .9240
(61.8% - 55.9%)
2) 1.2542 - 1.5266
(38.2% - 23.6%)
*Caution to those who see the Ascending Channel break Bearish, because then Price Action could be a signal of a Double Top!
XRPUSD Shows Bullish Momentum, Eyes on $0.65 ResistanceMarket Overview:
XRPUSD is bouncing from strong support at $0.502, signaling demand in that zone.
Since the July lows, XRP has formed higher-lows and higher-highs, indicating building bullish momentum within an upward channel.
Key Levels to Watch:
Support: $0.502 (recent bounce) and swing low for potential stop loss placement.
Resistance: $0.65, with potential for further upside if convincingly breached.
Outlook:
XRP's shallow pullback from the $0.65 resistance and the holding of key support levels suggest underlying strength. If $0.65 is broken, the bullish case strengthens, with room for more gains.
#XRP #CryptoTrading #PriceAnalysis #SupportAndResistance #BullishMomentum
XRP Long Target 0.96451. Resistance Breakout:
- There was a prior horizontal resistance level that the price attempted to break above. This level has been marked as a horizontal line across the chart, indicating that the price previously struggled to rise above it.
- The price initially broke through this resistance but has since retraced.
2. Retest of Support:
- After the breakout, the price retraced back to the support zone marked with "$$$." This retest area is crucial for the potential continuation of the bullish trend.
- The support is aligned with a demand zone, where the price might find buying pressure again.
3. Trade Setup:
- The shaded area extending upwards from the retest zone indicates the potential bullish price target area. This suggests the trader expects the price to rise after bouncing off the support zone.
- The target is near the 0.9645 level, indicating a potential move toward this resistance in a successful scenario.
4. Risk Management:
- The lower grey box shows the stop-loss zone below the key support level, around 0.5555 to 0.5582. A break below this level could invalidate the bullish idea, signaling that the price might move lower.
In summary, the trader expects a bounce from the current support area after the price retests the breakout level, targeting a move up to around 0.9645. However, the setup includes a defined stop-loss below the support zone at 0.5555.
XRP Trade idea based of BTC TrendIf BTC remains bearish, or potentially drops further I will be interested in selling XRP
2 Key Price levels I see. The first one is for intraday-ish setups, and the second is for the swing trade idea.
BTC must remain in the current trend to support the idea. Unlike BTC XRP is in a very long range for a quiet bit, that's why if hitting the second price level, I'm looking to buy if HTC candle confirms this idea on such a level.
XRP Price prediction (Invert scale)1. Log Scale:
Using a log scale can help visualize price changes more effectively, especially for assets with high volatility like XRP. It makes percentage changes clearer and can help identify trends over time.
2. Line Chart:
A line chart can provide a smoother view of price movements, making it easier to see overall trends without the noise of price fluctuations seen in candlestick charts.
3. Invert Chart:
Inverting the chart can offer a different perspective on price movements, allowing for potential insights into future price behavior based on historical patterns.
4. Trend Line:
Drawing trend lines can help identify key support and resistance levels by connecting significant highs or lows, providing a visual tool for predicting future movements.
5. Support Line:
If you're predicting XRP may reach around $0.04, it could be useful to analyze past support levels and market conditions that led to similar price points to validate this expectation.