2invh&s acting like Russian nesting dolls on XRPUSD chartNow that xrp has chosen to consolidate here for a few days it gives the chance for the potential blue inv h&s possiblity to form a right shoulder here, so I thought it was worth including, The smaller purple inner inverse head and shoulders patter is definitely legit and should have its breakout confirmed as soon as xrp has it’s next move to the upside. *not financial advice*
Ripple
XRP price forecast for early December 2024 & beyondCycles analysis indicating near term resistance to form at 2.5-2.8 levels, to be followed by retracement to 1.50 zone as the FINAL discount buying opportunity before price explodes to 7-10$ range in early Q1 2025.
Analysis for longer term indicates we may run to 100$ sometime in 2026 based on broader buy cycle and the current comprehensive overhaul of finance/banking sector infrastucture taking place...
This is one of the those you don't want to trade in and out of, imho. HODL to 2026 AT LEAST, possibly into 2028-2030.
Patience will always pay when you're dealing with high quality innovation!
XRP - PUMP and DUMP SchemeThis is the moment that bag holders have been waiting for - XRP has crossed the $2 mark in an unexpected pump scheme.
Through the Fibonacci, we can establish likely short term targets , being the 1.618 Fib level.
XRP is notorious for hard dumps after the pump, so do be mindful of this possibility and remember that it is an extremely unpredictable, high risk altcoin.
Here's my take on Bitcoin, incase you are wondering what to watch for BTC:
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BINANCE:XRPUSDT
XRP - ON THE ROAD TO $5 - CryptoManiac101XRP / USD TA
Upcoming Resistance Levels:
$1.92 - Current immediate resistance level that needs to be broken in order for bullish continuation to continue without any pull backs
$2.75 - Upcoming 2017/2018 Resistance level, which if broken, will send XRP completely parabolic. Something that hasn't been seen since the early 2018
Remember that this is for entertainment purposes only and is not financial advice.
3 potential targets for the xrpbtc triangleUpon closer look, I feel like only giving one potential top trendline for the triangle pattern on the monthly xrpbtc logarithmic chart is ignoring some other possibilities so I wanted to ost 3 other top trendline possibilities s well with this chart. Surely one of the will be the ost valid although they potentially all could be validated. *not financial advice*
Something very peculiar is occurring with XRP dominanceUsually when the candles go upward on the xrp dominance chart, the btc dominance chart is going downward and the liquidity along the xrp dominance chart go up is coming from bitcoin liquidity. This time however something has changed. XRP dominance is rising substantially all while bitcoin dominance is also still rising. This suggests that the liquidity is no longer coming from btcoin but instead from other sources likely institutional investors. We can see the candle on the monthly has broken above the neckline of a large inverse head and shoulders pattern on the logarithmic chart. Will be interesting to see how well this plays out. Chart patterns don’t behave as they usually do when working with these kind of charts so it’s no guarantee what looks like a bullish breakout currently will behave like one. I will definitely be keeping an eye on this as it develops though *not financial advice*
XRPBTC breaking up from triangleYou never know when chart patterns will behave roperly when you are on the xrpbtc chart. Often times all bets are off on the usual chart pattern expectations with this pair. Suppose we were to actually follow through with the measured move breakout target from this blue triangle xrpbtc pears to be breaking up from well it would put price action even noticeably higher than the all time high between this pair that was set back in 2018. Let’s see if for once price action behaves like it’s supposed to herewith this pair. *not financial advice*
XRPBTC breaking up from triangleYou never know when chart patterns will behave roperly when you are on the xrpbtc chart. Often times all bets are off on the usual chart pattern expectations with this pair. Suppose we were to actually follow through with the measured move breakout target from this blue triangle xrpbtc pears to be breaking up from well it would put price action even noticeably higher than the all time high between this pair that was set back in 2018. Let’s see if for once price action behaves like it’s supposed to herewith this pair. *not financial advice*
4 potential top trendlines for monthly log chart xrp patternXrp has some sort of bull pennant that it has been forming since the 2018 top and there are at least 4 potential top trendlines for it which I have showcased here with different colors. The green top trendline would be if the most valid pennant is an ascending triangle, the light pink line is for a cup n handle pattern, the brown trendline is jut connecting the two red wicks, and the teal trendline is there because it was able to connect 4 key wicks. The purple trendline is the top trendline of a smaller triangle inside the pennant that has a breakout target of around $12 which means once it breaks out and its getting quite close to its apex, the momentum it brings on the way to its measured move target will take us well above the highest of all these potential top trendlines causing the chain reaction of the larger pennant validating its breakout as well. This is a monthly chart timeframe of course though…so even though the inside triangle with the purple top trendline is nearing its apex that breakout from that triangle could still be very possibly 1-3 more months away. I get the feeling around the time of the automated market maker amendment being implemented(march 22nd) we could see price finally leap up out of the triangle, if so I’m expecting a very bullish april for xrp The good news is the highest price for any of these potential top trendlines currently is around $1.56-1.58 or so and is not gonna be getting any higher so once we flip that price zone to solidified support then we can look forward to validating the breakout on the big pattern, and the fact that it’s a pennant means we will have 2 targets to look for in the long run: 1 for just the flag portion and then a much higher one based on the height of the pennant’s pole. I left the price target of the poles measured move target(in neon yellow) out of the frame of this chart idea but you may be able to drag that part of the chart down into the frame with your mouse or touchscreen if trading view still lets you. The reason I left it out of the frame is because I wanted to be zoomed in close enough to the flag portion of the bull pennant itself to be able to clearly see how the candles move in the coming months whenever I pull this chart back up and click the play button. *not financial advice*
XRPUSD log chart’s triangle pattern on the 1 month chart.Always a chance price action could break above this triangle at any given moment but we can see that the apex of this triangle goes all the way not 2026, so it could also just continue to grind slowly idle ways as well. Hopefully a final ruling in the SEC Ripple case occurs soon and isn’t followed up by any kind of appeal so price action can finally get moving. I am simply posting this chart here so i can keep tabs on this pattern as time progresses. *not financial advice*
Analyzing XRP's Surge: Will the Momentum Continue or Fizzle Out?
XRP, the native cryptocurrency of the Ripple network, has recently experienced a significant price surge, reaching its highest level in over 43 months. This impressive rally has caught the attention of both retail and institutional investors, prompting questions about its sustainability and future trajectory.
The Drivers Behind XRP's Rally
Several factors have contributed to XRP's recent price surge:
1. Positive Legal Developments: The ongoing legal battle between Ripple Labs and the Securities and Exchange Commission (SEC) has been a major catalyst for XRP's price volatility. Positive developments in the case, such as favorable court rulings or settlements, can significantly impact XRP's price.
2. Increased Institutional Interest: Institutional investors, including hedge funds and venture capital firms, have shown increased interest in XRP, recognizing its potential as a digital asset with real-world use cases.
3. Growing Adoption of RippleNet: RippleNet, Ripple's blockchain-based payment network, has gained traction among financial institutions worldwide. As more banks and financial institutions adopt RippleNet, it could drive demand for XRP.
4. Positive Market Sentiment: The broader cryptocurrency market has experienced a period of relative stability and growth, which has benefited XRP and other altcoins.
Technical Analysis: A Cautionary Tale
While XRP's recent rally has been impressive, technical analysis suggests that the cryptocurrency may be due for a correction. Several technical indicators point to a potential 20% price decline in December:
1. Overbought Conditions: XRP's Relative Strength Index (RSI) has surged into overbought territory, indicating that the asset may be overvalued and due for a pullback.
2. Potential Resistance Levels: XRP may encounter significant resistance levels at certain price points, which could limit its upside potential.
3. Overleveraged Positions: The cryptocurrency market is prone to volatility, and overleveraged positions can exacerbate price swings. If a significant number of traders are heavily leveraged on XRP, a sudden price drop could trigger a cascade of liquidations, further driving the price down.
Is It Time to Buy XRP?
While XRP's recent rally has been impressive, investors should approach the cryptocurrency with caution. Before making any investment decisions, it is crucial to conduct thorough research and consider the following factors:
1. Risk Tolerance: Investing in cryptocurrencies, including XRP, involves significant risk. Investors should only allocate capital that they can afford to lose.
2. Diversification: Diversifying one's investment portfolio across various asset classes can help mitigate risk.
3. Long-Term Perspective: Investing in cryptocurrencies is a long-term endeavor. Short-term price fluctuations should not dictate investment decisions.
Conclusion
XRP's recent price surge has been fueled by a combination of factors, including positive legal developments, increased institutional interest, and growing adoption of RippleNet. However, technical analysis suggests that the cryptocurrency may be due for a correction in the near future. Investors should approach XRP with a balanced perspective, considering both the potential upside and downside risks.
XRP, a sight to see!If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
CRYPTOCAP:XRP , my first profitable delve into crypto, luckily right before the CNBC instructions.
Still have a bag, but congrats to the army that held this long!
Some levels I'm watching if pull back.
But eyeing up flips and more sideways consolidations as well.
Trade safe, trade smart, trade clarity.
XRP - History Repeating Itself...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📔I find the BINANCE:XRPUSDT 4H chart interesting.
Do you notice a pattern here?
Take a look at the first two red arrows.
📊Mid-November, XRP made a lower low (red arrows), got stuck within a range (green zone), and finally broke above the green zone to start its bullish impulse.
Currently, XRP seems to be forming a similar pattern.
🔄 If history repeats itself, a break above the green zone around $1.53 is needed to signal the start of the next bullish movement.
🎯Once the setup is activated, I will target the $2 mark!
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
4 potential shorter timeframe triangles on rep 1wk log chartMy previous chart idea which I will link to below showed the monthly timeframe logchart of the 2 potential larger triangles xrp has been consolidating in, so I wanted to also follow that up with a weekly chart timeframe of the the 4 potential smaller triangles we have also been consolidating in so I can eep track of their progress as well. All the potential measured move ines here have been randomly placed so of course where ever it does break upward will likely be slightly different and will only require I readjust those measured move lines slightly at that point only changing their price targets slightly. *not financial advice*
Xrpusd Bullishpennant on the 1month timeframeSame pattern as the previous idea i just posted but I’ve switched it from the 3 month chart to the 1 month time frame in order to keep track of the developments in price action more quickly. Im also going to post this pattern one more time but on the weekly timeframe as well. The 3 targets remain the same. *not financial advice*
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 can breakout of logchart triangle once .59 is sold supportThe top trendline of this logarithmic weekly chart symmetrical triangle has played amazing resistance for quite some time now. However since that trendline is a descending one, the price that xrp’s price action needs to maintain as support gets lower and lower with every weekly candle close. Currently, if xrp can flip 59 cents to solidified support and maintain that support for multiple weekly candles it would validate the breakout. By next week’s candle it could be even lower. For the sake of the steroids 589 number that seems to be associated with XRP, it would be fun if the level needed to flip to support to break above was 58.9 cents imo. With the uptrend in the crypto bull cycle seemingly resuming here, the probability of XRP climbing above .589 in the near future and staying above it has greatly increased. Wouldn’t surprise me if the day it really blasts off and confirms//validates the breakout of this triangle coincides with something newsworthy like Gensler resigning or the SEC Ripple case being settled or even dropped. I anticipate a Bullish December, but perhaps even a quite bullish rest of november here as well for XRP It’s already off to a good start to the month so far and hopefully it can keep that momentum going. Always a chance at some sort of temporary Black Friday black swan discounts though so wise to stay vigilant. In order to get as zoomed in as possible on price action for this post, I cut the measured move target out of the frame, but if you were to drag the chart with your mouse(or finger if using a touchscreen) you will see that the target for the breakout of this log triangle is around $10.57 if it were to break above the triangle on the enxt few candles. *not financial advice*
The next potential invh&s pattern for XRPUSDDepending on which left shoulder is more legitimate we have a possible slightly descending neckline on this invh&s or a possible slightly ascending neckline on it. No idea when price will break above these necklines so obviously if it takes longer I will need to readjust the measured move lines for it. This is just an initial idea for now. *not financial advice*
Xrp moving above highest top trendline of linear trianglesThese triangle trendlines are most accurate looking on the monthly chart. I wll also post a weekly timeframe version of this chart and a daily time frame version thats zoomed nto the top green trendline so you can see how we have 3 consecutive daily candle closes above this extremely pivotal trendline and now officially have closed one weekly candle close above it too. Seeing as how the trendlines of the green triangle seem most valid on the monthly time frame however, i think the most important candle close will be once we have a 1 month candle closing a portion of the candles body above the line and the follow up monthly candle also holds the line as solidified support. This is such a major trendline to flip to support and as you can see, the breakout target for the green triangle of $3.75 is actually right around the same breakout target as the yellow triangle of $3.70 that’s very strong bullish confluence that should help increase the probability of hitting those targets as it has twice the bullish momentum potential as just one of the patterns would have. *not financial advice*
3 consecutive 1day candle closes abve key triangle top trendlineI wanted to post a daily timeframe close up of the top trendline of the macro time frame green triangle that xrp has been consolidating inside since 2018. We now have 3 consecutive daily candle closes above its top trendline and are working on what looks to be the fourth here. You can tell that it appears to be forming another little smaller time frame bullflag here with the last 5-6 candles which it has already done a couple times as well on the 20 or so candles just prior to those. The triangle pattern is most valid on a monthly chart so we should definitely not get too presumptuous that we have flipped this trendline to permasupport until we have closed 1 monthly candle above it and retested it as confirmed support with the follow up monthly candle. However we are making good progress now as we now officially have 1 weekly candle close above this green top trendline as well —>
I will link the monthly version of this chart below so you can click on that idea as well to get the full perspective of this triangle instead of just a zoomed in look at the daily. Target if breakout confirms in this zone is $3.75. *not financial advice*
Ripple can continue rising or ?...This place of price can be the Most risky spot for all people not Whales
This is for who trading rarely and watching the market as weeks and trading every 2weeks or checking the market every week .
As the picture we have 2 scenarios
I am bearish about xrp now and drawing the purple scenario for my myself!
A good handled and mathematics sell Position can be Good now
But the yello scenario can happen and after some ranges we can see the sharp Pump of xrp again!!
If the yellow one happen the potential of xrp will rise of 2.5$
Good luck
XRP on the Verge of Breaking $2CRYPTOCAP:XRP has recently made headlines by outperforming Binance Coin (BNB) to claim the 5th position in market capitalization on CoinMarketCap. The cryptocurrency surged over 17% in a day, surpassing the $1.70 milestone and signaling strong bullish momentum. Let's delve into the key drivers and technical indicators pointing toward XRP's potential future trajectory.
Ripple's Role in Fintech
What is Ripple?
Ripple, a leading fintech company, powers its global payment network—RippleNet—using the XRP Ledger (XRPL). Unlike most cryptocurrencies, Ripple aims to connect banks, payment providers, and exchanges, enabling near-instant settlements and lower transaction costs. This institutional focus differentiates XRP from peer-to-peer-centric tokens, positioning it as a significant player in cross-border payments.
Key Metrics Driving Momentum:
- Market Capitalization: Currently at $97.3 billion, XRP's market cap reflects its increasing investor confidence.
- Trading Volume: XRP's daily trading volume surged 144% to $14.9 billion, indicating a sharp rise in market activity and liquidity.
- Global Position: Outperforming the global market (up 2.7% in 7 days), XRP has gained 17.6%, demonstrating its resilience and investor interest during this bull phase.
Technical Analysis
CRYPTOCAP:XRP is trading within a well-defined bullish trend channel, currently up 11%. The Relative Strength Index (RSI) sits at 74, indicating bullish strength without entering overbought territory, suggesting room for further upside.
Key Technical Levels:
- Immediate Resistance: Breaking past the $2 mark is crucial. A confirmed breakout could set the stage for a run toward $4, with potential to reach $10 in the long term.
- Support Levels: If a retracement occurs, CRYPTOCAP:XRP may find strong support at the 38.2% Fibonacci retracement level. This would offer a healthy cooldown before a potential major leap.
Outlook and Conclusion: Is $10 in Sight?
XRP's recent surge is backed by robust fundamentals and a favorable technical setup. Its unique position in the fintech sector, combined with increased trading activity and strong technical indicators, suggests that the cryptocurrency could break $2 soon. A sustained rally could even push XRP toward $4 in the short term, with $10 being a longer-term target if bullish momentum continues.
Investors should watch key resistance levels and broader market trends, particularly Bitcoin (BTC) and Ethereum (ETH), as they often influence altcoin movements. XRP's current position signals that it’s well-poised for further gains, making it a token to watch closely in this bullish cycle.