XRP (Ripple): Resistance BreakoutTrade setup : Price is in an uptrend as price has broken back above 200-day moving average. Price also made a Higher Low (above the low from early July of $0.38), which is positive. Now we look for the right entry opportunity in Uptrend. We wait for price to either 1) break above $0.67 resistance to signal continuation of uptrend, with +15% upside potential to $0.75 next, or 2) pull back near $0.50 support for another swing trade entry in Uptrend with upside potential back to $0.67. Learn risk management in Lesson 9.
Pattern : Resistance Breakout . Once a price breaks above a resistance zone, it signals that buyers have absorbed all the supply from sellers at this level and price can resume it's advance. Following a resistance breakout, the next closest resistance zone becomes a price target. Learn to trade key level breakouts in Lesson 7.
Trend : Short-term trend is Up, Medium-term trend is Strong Up and Long-term trend is Up.
Momentum is Bearish but inflecting. MACD Line is still below MACD Signal Line but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing an upswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $0.50, then $0.42. Nearest Resistance Zone is $0.67, then $0.75.
Rippleusdt
XRP (Ripple): Pullback in UptrendTrade setup : Price is in an uptrend. Following a a bullish breakout from Falling Wedge pattern, price broke above $0.57 key level. However, it got overbought (RSI > 70), which was followed by a pullback on some profit taking. We would be buyers on pullbacks to $0.50-$0.55 support zone, with +30% upside potential back to $0.67 resistance.
Pattern : Pullback in Uptrend . Price remains in an Uptrend but has pulled back, which could present a 'buying dip' opportunity. Traders should look for the nearest support level where price could stabilize and resume its Uptrend. This support level could be a level where price bounced off of in the past, or a level that was previously resistance. (concept known as polarity).Learn to trade key levels in Lesson 3.
Trend : Short-term trend is Strong Up, Medium-term trend is Up and Long-term trend is Strong Down.
Momentum is Bullish but inflecting. MACD Line is still above MACD Signal Line but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum could be nearing a downswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $0.50, then $0.42. Nearest Resistance Zone is $0.67.
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XRP: Approaching ResistanceTrade setup : Price is in a downtrend. Price needs to break above stiff resistance area: horizontal $0.55 resistance and 200-day moving average (~$0.58) to resume an uptrend.
Pattern : Price is Approaching Resistance, which is a level where it could pause or reverse its recent advance, at least temporarily. Resistance is often a level where price got rejected in the past, or potentially prior Support level that was broken. (concept known as polarity). Once price breaks above resistance, it can advance higher to the next resistance level. Learn to trade key levels in Lesson 7.
Trend : Short-term trend is Up, Medium-term trend is Down and Long-term trend is Strong Down.
Momentum is Bullish (MACD Line crossed above MACD Signal Line) ABOVE days ago. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $0.50, then $0.42. Nearest Resistance Zone is $0.55, then $0.65.
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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.
XRP showing a beautiful cup & handle pattern on 4hr/Daily chart.XRP is showing a very nice cup & handle pattern on the 4hr, and hourly chart. I think we could see a very powerful breakout in the coming weeks. If so, this could trigger a short-squeeze that literally blows people's minds, as a large percentage of XRP is being held short right now.
There's also a nice bullish divergence in on the hourly chart that I'll show in the comments below.
Always trade with confidence, never trade with fear, and always use a stop!
The XRP hourly chart showing a bearish divergence.The crypto market as a whole has been moving up nicely recently. XRP has gained some ground, even though it hasn't moved near as much as most other cryptos. It is now showing a bearish divergence on the 1 hour chart, which could be a sign we're going to see a pullback.
I'd recommend caution here regardless of the cryptos you hold, just because we've seen seen many of them move significantly as of recent. Keep your eye on Bitcoin to be your primary indicator.
Good luck, and always use a stop loss.
XRP with fibonacciRipple found fibonacci support at $0.649 and try to break channel down pattern
If this pattern break up with one candle full , target will be at previous high $0.7349 and fibonacci 1.618 at $0.7879
DOn't forget to like this analysis
If you have any question, do not hesitate to contact me
Your support at this analysis will also support Ripple to reach bullish target
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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.
XRP: Bullish Pennant BreakoutRipple (XRP) technical analysis:
Trade setup : Following a breakout from a Descending Triangle, price spiked up massively to $0.92 resistance on favorable legal ruling. This level also acted as resistance way back in early 2022. However, it got very overbought (RSI > 80) and saw selling pressures from some profit taking. Price has consolidated in a Pennant pattern but broke out of it bearishly (below support), which could open up further downside to $0.55 support next. Fibonacci Retracement support levels are $0.70 (50%) and $0.56 (78%).
Pattern : Bullish Pennant – forms typically following a sharp advance, followed by a brief triangular shaped consolidation in price (a small change in direction), before the previous uptrend (bullish) typically resumes. The period of consolidation should have lower volume and the breakouts should occur on higher volume.
Trend : Neutral on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $0.55, then $0.45. The nearest Resistance Zone is $0.68 (previous support), then $0.92.
xrp can break flag and continue to 3.41$ long time.If XRP can hold the flag and continue to increase price, and break the previous peak around $0.90, we can easily target $3.41.
Of course, there will be a lot of volatility along the way, which is great for those who want to invest in XRP long-term and spot.
Ripple XRP price hints at growth that is hard to believeWill the XRPUSDT price surprise us in the near future?
Such thoughts began to spin in my head while watching the "heavy" and long-forgotten BCH being pumped.
At the moment, all the prerequisites for the XRP price to start growing, organizing a way out of the classic consolidation, are visible on the chart. The only thing missing is the initial "magical kick" from big money to set the movement vector.
According to our calculations, the targets for the possible growth of the XRPUSD price are $0.75 and even $0.95, which is already x2 from the current price, which is an unprecedented luxury since 2021)
We can also think about the "conspiracy theory" :) It seems that now there is a "certain capital" allocated, which will be used to pump and "inflate" the liquidity of old and reliable altcoins, before they are announced to be listed on a new exchange "EDX Markets" for "big money trillion-dollar funds"
Since the capitalization of XRP is 5 times higher than, for example, BCH, the price pamp of XRP will be proportionally lower than that of BCH.
That is, conditionally! In recent weeks, $100 million has been spent on accelerating the price of BCH - a result of +200% to the price of BCHUSDT. If the same conditional $100 million is spent on accelerating the price of the "5 times heavier" XRP, the result of +40% will already be a good result!
Do you think that everything is just beginning, and bright times are ahead for the crypto market?
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XRP: Pullback in UptrendRipple (XRP) technical analysis:
Trade setup : Following a brief period of consolidation in a Bullish Flag pattern, price broke out in the direction of existing Uptrend and reached our target of $0.55 resistance, where it got rejected. Pullback near horizontal support zone is around $0.45 could be a swing entry in Uptrend. It also lines up with Fibonacci retracement level (potential support area) of $0.44 (61.8%). Momentum is inflecting bullish again (MACD Histogram rising).
Trend : Neutral on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $0.45 (previous resistance), then $0.40. The nearest Resistance Zone is $0.55, then $0.60.
Ripple XRP price still in a growth trendIt would be nice if XRP buyers could keep the price above $0.44-0.45
Fulfilling this condition will be a good confirmation that buyers are strong and full of energy to push XRPUSDT price higher, at least to $0.75-0.78.
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XRP: Bullish Pennant Breakout!Ripple (XRP) technical analysis:
Trade setup : Breakout from Bullish Pennant after brief consolidation. Price could revisit $0.55 resistance.
Pattern : Bullish Pennant Pattern. – forms typically following a sharp advance, followed by a brief triangular shaped consolidation in price (a small change in direction), before the previous uptrend (bullish) typically resumes. The period of consolidation should have lower volume and the breakouts should occur on higher volume.
Trend : Uptrend on Short- and Medium-Term basis and Neutral 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 $0.40 (previous resistance), then $0.32. The nearest Resistance Zone is $0.45, which it broke, then $0.55.