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🌠 XRP'S DRIVE UP 🌠🌠 Hope you guys are doing well per usual, thought I'd make a quick stop and we'd follow up on things. It's definitely been a pretty eventful few days with XRP alongside Bitcoin and the major market seeing some of the highest inflows in the past year so that's been nice. Especially considering we're heading into winter I don't mind some warmer weather on the charts. 🌠 In our last idea we noted we'd need a catalyst or some news most likely to get that break past our resistance and wow we've definitely had some developments the past few days as always. One example is Ripple's win in being selected as the official technology partner for the Digital Lari Pilot project which is being overseen by the National bank of Georgia (NBG). Ill delve more in this on the following idea but it's great and a good boost as well for public sentiment no doubt as ripple continues expanding. Another development is XRP's approval by the Dubai Financial Services Authority (DFSA) which will allow for any financial institutions operating in the Dubai International Finance center to use/ conduct transactions with the tokens. 🌠 XRP's continued within that ascending channel and basically just drove itself up to 0.62 before that retracement started and we can see by the blue outline that diagonal resistance that started and acted on things till it was broken pushing price up to that 0.6119 price point or 0.612 rounded up. Also this chart below is the 5 minute from the 1st of november but thought I'd point it out, crazy to see how much that ascending channel was affecting XRP's price. Simply fascinating. 🌠 Main thing here was that on the 30 minute we avoided losing the 200 EMA which of course would have most likely sent us further down should we have lost that. Definitely be sure to keep an eye on that 200 EMA as always though seems this week's just been a positive week for XRP overall. I won't keep the idea too long but the chart does most of the speaking anyway. For support currently watching that 0.59 level and 0.60 above for the more local. 🌠 Gonna go but wanted to get something quick out, hope you guys enjoy and have a great one as always, and any likes or follows always help, thanks and all the best. Below are related articles. www.businesswire.com cointelegraph.com ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
2
Unleash the Bull Wicks and Ride the Wave of Strong Support!I want to share some exciting news about XRP that will surely get your adrenaline pumping. So, fasten your seatbelts and let's dive right in! XRP has been on fire lately, showcasing nothing but bull wicks that are leaving traders in awe. These powerful upward movements are a testament to the incredible potential this digital asset holds. With each bull wick, XRP is making its intentions crystal clear - it's ready to break barriers and soar to new heights! But that's not all - XRP has also been building a fortress of strong support levels. These levels act as a solid foundation, providing a safety net for any potential dips. It's like having a safety harness while climbing a mountain - you can confidently take risks, knowing that you have a strong support system in place. Now, you might be wondering, "How can I be a part of this thrilling journey?" Well, my fellow traders, it's time to seize the opportunity and go long on XRP! The current market conditions, coupled with the bull wicks and robust support, present an ideal moment to ride the wave and potentially reap substantial profits. So, here's your call-to-action: Don't miss out on this incredible chance to long XRP! Conduct your due diligence, analyze the charts, and make an informed decision. Trust your instincts, but also remember to manage your risks effectively. As the saying goes, "Fortune favors the bold," and it's time to be bold with XRP! As always, it's crucial to stay updated with the latest market trends and news. Keep an eye on any developments that might impact XRP's trajectory, and be ready to adapt your strategy accordingly. Remember, successful trading requires a combination of knowledge, skill, and a bit of excitement! So, buckle up, fellow traders, and get ready for an exhilarating journey with XRP. Let's embrace the bull wicks and strong support levels, and ride the wave of potential profits together! Unleash the Bull Wicks and Ride the Wave of Strong Support!
by bryandowningqln
XRP : Forever the Pump-and-Dump coin?Hi Traders, Investors and Speculators of Charts📈📉 The markets are trading in the red and XRPUSDT is currently trading right on top of the 0,50c support zone. Unfortunately no buyers are showing up on lower timeframes and the technical indicator flashes a clear SELL in the weekly, meaning more downside is to be expected. More downside seems highly likely with 45c being the next immediate support zone. It seems that the SEC victory-increase was short lived and that definitely does raise some concern for the fundamental arguments of XRP. Unlike ETH and BTC, XRP has been unable to regain highs and consistently trades lower as if there is an endless supply of sellers. While there is persistent and obvious growth on other early giants like Bitcoin and Ethereum, XRP remains the "pump and dump" coin. _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck CRYPTOCAP:XRP BINANCE:XRPUSDT BITSTAMP:XRPUSD
Short
by CryptoCheck-
38
XRP Shows 3 Rising Wedges - Time to Long! XRP is showing not one, but three rising wedges that have the potential to skyrocket its price! This is a moment we've been eagerly waiting for, and I believe it's time to seize the moment and long XRP. Now, let's dive into the details and explore why this opportunity is so thrilling. Rising wedges are a powerful bullish pattern that often indicates a forthcoming upward trend. XRP has formed not just one, but three of these patterns in recent days, which is a rare occurrence. This suggests a strong bullish sentiment building up among traders, making it an opportune time to consider a long position. Each wedge indicates a higher low and a resistance level that is consistently being tested. This repetitive pattern signifies that buyers are becoming increasingly dominant and are likely to push XRP's price higher. So, why should you consider long positions on XRP? Well, apart from these rising wedges, there are several other factors that make this an enticing opportunity. XRP has been gaining significant momentum lately, with positive news and partnerships driving its growth. Additionally, the overall market sentiment is turning bullish, and XRP has historically been known to outperform during such market conditions. Now, here's the exciting part: I invite you to take advantage of this incredible opportunity and consider going long on XRP. However, as with any investment, it's essential to conduct your own thorough analysis and risk assessment before making any trading decisions. I encourage you to review the charts, analyze the indicators, and set your stop-loss and take-profit levels accordingly. Remember, timing is crucial in the world of trading, and this moment seems ripe for a potential upward surge in XRP's price. So, don't miss out on the action! Keep a close eye on XRP's price movements and make an informed decision that aligns with your trading strategy. If you have any questions or need further insights, feel free to comment below. I'm here to offer support and discuss any trading ideas you may have.
by bryandowningqln
XRP : Short Term, Take EXTREME CAUTIONHi Traders, Investors and Speculators of Charts📈📉 As promised, a short term update on XRP. It's important to remember, the price action we're seeing on most altcoins right now is due to rotations between BTC and alts. More info on this topic here: Again I think there are better buys in the market than XRP right now. Alts with way better setups. Incase you missed the previous update, here's some really important notices from my side. Also hence why I'm advising caution when trading XRP, especially if you're trying to swing trade: _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 We thank you for your support ! CryptoCheck
BITSTAMP:XRPUSD
by CryptoCheck-
10
XRP: Ascending Triangle BreakoutRipple (XRP) technical analysis: Trade setup : Bullish breakout from Ascending Triangle pattern, above 200-day MA and $0.55 resistance, could signal resumption of uptrend with upside potential to $0.68. Pattern : Ascending Triangle which is a continuation pattern (it typically breaks out in the direction of existing trend). Most traders wait for a breakout but Swing traders could trade between the trendlines (Buy at Support, Sell at Resistance) as long as the trendlines are still relatively far apart. Trend : Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis. Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $0.45. The nearest Resistance Zone is $0.55, then $0.68, and $0.92.
Long
by altFINS
XRP Triangle Formation Signals Potential Breakout! XRP has been forming a triangle pattern, and all signs are pointing towards a potential breakout on the horizon. This is an opportunity you surely don't want to miss! For those of you who may not be familiar with triangle patterns, let me quickly explain. Triangles are a common chart pattern characterized by converging trend lines that create a contracting price range. They often indicate a period of consolidation before a significant price movement occurs. In this case, XRP has been exhibiting this pattern, and history has shown us that such formations often precede powerful breakouts. Now, why am I so excited about this? Well, fellow traders, XRP has been building up momentum, and with the triangle formation nearing its apex, we could witness a substantial price movement in the coming days or weeks. This presents an excellent opportunity to capitalize on potential profits! So, what's the call to action here? Add XRP to your watchlist and be prepared to take action when the breakout occurs. Keep a close eye on the price as it approaches the apex of the triangle, and once it breaks out decisively above the upper trend line, consider entering a position. Of course, please remember to perform your own analysis and risk management before making any trading decisions. The potential for a breakout in XRP is undeniably exciting, and it's crucial to position ourselves strategically to maximize our gains. By staying vigilant and ready to act, we can seize this opportunity and potentially ride the wave of XRP's upward momentum. Remember, timing is key in the trading world, and being prepared ahead of time can make all the difference. So, let's gear up, fellow traders, and get ready to take action when the XRP breakout occurs
Long
by bryandowningqln
XRP - IT'S THAT SIMPLE - CryptoManiac101XRP / USD TA The XRP/USD chart reveals a distinctive pattern over the past decade. Initially, from 2014 to early 2017, XRP underwent a prolonged consolidation, marked by a descending triangle. Contrary to typical bearish expectations from this formation, 2017 witnessed a robust upward rally, peaking around 2018, reflecting the broader cryptocurrency boom of that period. Following this surge, there was a corrective phase, with the price oscillating within another descending triangle until end of 2023. As we approach the end of 2023 and transition into 2024, the price action indicates a strong bullish momentum, represented by the sharp upward spike. This suggests heightened market confidence or possible positive catalysts impacting XRP's perceived value. The breakout from such a long-term consolidation pattern can signal a significant trend change, implying that the upcoming November/December of 2023 and Q1 of 2024 period may see sustained bullish movement or heightened volatility as the market assesses and repositions its stance on XRP's value and potential.
BITSTAMP:XRPUSDLong
by CryptoManiac101
1
XRP will easily see a 20% to 25% gain from current levels.XRP has been on a tear this past week, and there's no sign of it stopping anytime soon! I think we will easily see XRP gain 20% to 25% in short order. I think there's a good chance that price will hit the bottom trend line of the developing wedge pattern first, but it also may not. Watch the top trend line as your key indicator, and adjust it as needed to help predict the next move up according to your trading ideals. Good luck!
BITSTAMP:XRPUSDLong
by MetaShackle
!? PAMP IT !? BTC XRP TOTALMARKETCAP YA YEET!!PAMP IT PLZ SIR TY BTCUSD XRPUSD TOTALMARKETCAP LONG TERM HODL DIAMOND HANDS TO THE MOON NFT CRYPTO HYPE YEEYEE MERICA Hopefully looking at this in the future the market cap is above 3 Trillion dollars. That would be pretty cool. If not, it would be cool if everything collapsed, and we could buy all the projects with the most utility at lower prices. SO pretty much its a win win. Either long term these dopamine triggering assets are going to continue to $3 Trillion+, and we are going to make some more of that inflationary fiat currency. Or we go down and use some of our inflationary fiat holdings to re-accumulate some assets that have LONG TERM UTILITY. Assets that are going to be here for the long run, with a ton of regulatory clarity, partnerships with governments, central banks, and that can create a level playing field for the global economy. This is NOT financial advice. I am only monitoring these markets because they are so juicy right now.
Long
by TAEDU
1
🔥 XRP GAINS MORE GROUND 🔥🔥 Hope you guys are doing well today, I appreciate you ladies and gentlemen taking the time to stop by, means a lot. 🔥 XRP's gained more ground having exited from our horizontal channel to the upside forming some higher ground and a higher high having pulled us up to that 0.53 level. I'll be watching here to see whether or not we can form a higher high or if this will be our next ceiling/point of resistance. 🔥 I expect that 0.531 level to be a bit of a blockade for us no doubt, it's good to see how these horizontal levels have basically done pretty well to keep us up to date with those support and resistance levels having done the job pretty accurately. Alongside that we look to our EMA's and can identify how we've continued to gain having avoided losing that 200 EMA on the 30 minute timeframe with our 20/50 EMA's doing the job still. 🔥 I'm waiting to see when the next pullback in but I'd set some alerts for 0.525 and 0.514 in case we reverse down to that point and get into a price war as that 200 EMA will no doubt catch up to us at one point or another so when that comes to fruition I'll be sure to keep an eye on price action. Below is also the main chart with the ascending channel having been added. 🔥 That ascending channel is what's holding us up right now but once we exit that channel I expect things to lose momentum and start the retracement. I have to go but hope that's alright, just wanted to share something quick to keep you guys posted. Thanks and all the best as always, thanks for the continued likes and support. ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
2