Symmetrical Triangle on the XRP Monthly chart ready to breakout?This Triangle can also be seen well on the weekly…and also valid on the daily chart but you have to scroll over to see the whole triangle on the daily. I chose the monthly chart for this idea though because it’s the easiest one to see all the key valid touches on both the bottom and top trendlines of the triangle.That bottom trendline has been holding for 3 years now and is super strong support. We just had a flash crash on the daily dip down below it and threaten to trigger what looks like a h&s on the daily chart (not shown here) however that was quickly bought up and with very little volume to show is looking to be a classic fakeout breakdown/bear trap. Still a decent amount of hours left in todays daily candle but as long as that candle closes green it is a very good sign that this triangle will likely be breaking upwards. *not financial advice*
Xrp
Current price retracement on xrpusd is creating right shoulderWe can see the current price retracement on xrpusd is starting to form the right shoulder of an inverse head and shoulders pattern.This means that once price bounces and gets firmly above 95 cents or so then maintains that level as support it could trigger a breakout from this inverse head and shoulders pattern. At that point the target would be around $1.55-$1.60 and if we can get tot hat level and maintain that level as strong support thats when the real fireworks can start to begin. Could take multiple weeks for this right shoulder to find its bottom and head back towards the neckline, but hopefully sooner rather than later. *not financial advice*
XRPUSD Weekly chart suggests a triangle breakout is nearingWe can see here how the bottom trendline of this brown symmetrical triangle has held support since early 2020 and will likely continue to do so. We can also see that we are on the verge of a weekly golden cross with the weekly 50ma (in orange) looking like it will cross above the weekly 200ma(in blue) shortly after the next bullish impulse in price action. Those MAs are currently serving as support for current price action and could easily maintain that support. If so then the place I arbitrarily put the dotted breakout measured move line is likely to be close to where the actual breakout occurs in which case the price target should be similar to what you see here. There is also a chance that we are given some sort of Black Friday or holiday discount, in which case price action dips below the weekly MAs momentarily….if so I personally think a retest of the bottom trendline of the brown triangle will be an optimal place for me to buy such a dip if I’m lucky enough for price action to retest it. If that were to happen the spot where the breakout eventually happens will have to be changed but it shouldn’t effect the price target too dramatically. Of course as always this is not financial advice and simply my strategy for my own holdings. Thanks for reading. Excited to see how this one pans out.
Monthly chart triangle XRP is reaching apex We can see this monthly triangle that xrp has been forming since 2020 is nearing an apex. We can also see that, barring some sort of black swan, XRP is fairly unlikely to stay above 40 cents based on the extremely solid support of the triangles bottom trendline and the fact that the monthly 100 ma is now overlapping that trendline for double reinforced support. The top trendline has the 3 touches needed to be a valid line so it is suggesting a measured move of over $2. Of course being a monthly chart pattern it would likely take may months to reach the full target. *not financial advice*
Legendary Golden Cross on XRP happening right at triangle apexThis chart screams bullishness. We are just a few weeks max from the apex of this symmetrical triangle on the xrpusd weekly chart and we are also about to have a weekly golden cross(where the orange line goes above the blue line) Doesn’t take a TA expert to see on this chart what tends to happen when this weekly Goldencross occurs on xrp. Obviously this isn’t financial advice but if I had to take a mildly educated guess of what the outcome with the highest probability of happening here is I’d simply say:UP!!!
Updated monthly chart of the XRPUSD Symmetrical TriangleWe just had a big correction in the crypto markets and like clockwork the bottom trendline of this symmetrical triangle held exact support on the bottom wick of the current monthly candle. Will be interesting to see if that holds ultimate support as often right before a pattern breaks up there is a big pullback in price action similar to an archer pulling back their bow before releasing the arrow and letting it fly forward. So it’s also quite common to see price dip below the bottom trendline of a pattern right before the breakout upwards. Meaning, there’s still an opportunity for a correction that dips below this triangle before the break upward which would be a nice opportunity to accumulate a little at a discount if it were to occur. Either way the current dump we have experienced gives me confidence that a breakout is right around the corner. On the linear chart the breakout target for the triangle is right around $2.36-$2.40. The logarithmic measured move has us eventually reaching a target of around $11.47 or so but that is likely to take a fairly longer amount of time to reach the target of. I posted another chart of this triangle logarithmic mode and will link that chart link down below. *not financial advice*
Posted a chart of the XRP triangle fractalWe can see xrpusd is doing something very very similar for the past few years its been forming this massive triangle pattern that it did before the last time it had its massive breakout from a triangle that eventually led to its all time high. On the weekly chart we can see we are now very very close to the apex of this triangle and I have also superimposed a small screenshot of the triangle it broke up from. Back then as it does seem to be repeating itself here. If you zoom in you can see just before it broke up from the previous triangle it painted a big red wick to the downside to fake a lot. Of traders out of their positions before finally skyrocketing up and out of the triangle. This increases the odds that the fractal of that triangle we are in now might also have a big capitulation wick that dips below the current triangle first before the breakout upwards. If we are lucky enough to get a repeat of this fakeout tactic I know I will personally be buying such a dip. Speaking only for myself of course *not financial advice*
XRPUSD Weekly triangle currently retesting as exact wick supportEven though we are still inside the triangles on the logarithmic chart, we have now been above this key linear chart symmetrical weekly triangle now for 2 consecutive weekly candle closes, and sure enough the big dump that coincided with the SEC’s appeal found wick support right on the top trendline of this triangle retesting it currently as support. It’s certainly plausible that price could continue to fall back inside the linear chart symmetrical triangle here, however closing the currentl weekly candle above ot’s top trendline here and maintaining it as precise wick support would be such a bullish sign were it. To happen that then I would start wondering if the entire appeal thing might actually not go through because maintaining this as support should validate the breakout and send price action on its way up to find that $3.73 cent measured move target. Of curse still very probably we could dip back inside this triangle one more time as well, either way I thought it’d be a good idea to repost this triangle and also include a screenshot of the current wick support zoomed in. *not financial advice8
The weekly linear symmetrical triangle truncatedI wanted to post thesame triangle I posted in the previous idea,but instead of starting the top trendline from the ath in 2018 starting it from the second highest wick.I think both are valid but wanted to give this one its own separate chart since in doing so it makes both the top trendline of the triangle and the bottom have a more similar length and also gives me a easy red ,ove line that is tilted forward which could be useful should the dotted measured ove line start to act as additional support or resistance along the way to the target. Once again as I said in the previous idea, no breakout has been confirmed of this in ear triangle pattern just yet, but the current weekly candle is holding wick support exactly on the top trendline currently which is an optimistic sign. Still completely possible it loses that support but for now it seems post worthy so I can keep a close eye on it. *not financial advice*
Could This Bullish Break Take XLM to .95?!Let's break down what I see on COINBASE:XLMUSD on the 4Hr Chart!
Based on the Rally from the Low @ .089 to the Multi-Year High @ .633, we can see Price fell into a Pennant Pattern, First making a Retracement to .425 or the 38.2% Fibonacci Level to find Support then found Support again at .505 or the 23.6% Fibonacci Level.
Price has given us a Break of the Falling Resistance and upon the opening of the 4H & 1H Candle, Retested the Break of Falling Resistance.
Now the Rally generated from the Low @ .229 to the High @ .633 was a ~ .40 or 175% increase.
-If Bulls are able to hold Price above the .50 - .54 area, that .40 movement or potential 74% increase in Price from the Point of Break could lead us to the Potential Target of .95!
Ripple Stronger- Ok Ripple is back.
- Maybe the SEC will one day give up trying to perma-suppress XRP market to protect the big banks.
Little facts :
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- XRP lost -96% from his 2018 ATH and bottomed hard around 0.12$.
- XRP lost only -86% from his 2021 last ATH to find a bottom around 0.28$.
- During those 2 years of bear market, XRP stayed most of the time very strong and resilient.
- Nothing was tremendous ( as it should be ), XRP just climbed with steady regularity.
- XRP stayed in the TOP5 of the Total Market.
- That's much better !
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- So what we can expect for the next bull run ( if we don't have again a FUD at the bad time )
- We have to keep in mind that XRP have 100B Supplies.
- XRP price could grow at a maximum of 7$ at the end of the next rally.
- That would be around +2400% from the 2022 last bottom.
- His MarketCap could grow around 700B$ ( same as actual BTC MarketCap)
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Happy Tr4Ding!
XRP/USDT: The Path to $5 is Set!Hey everyone!
If you’re finding value in this analysis, don’t forget to hit that 👍 and follow for more updates!
Technical Analysis:
XRP is displaying strong bullish momentum, breaking out of a symmetrical triangle pattern on the weekly timeframe. This technical formation, coupled with increasing trading volume, suggests a potential for significant price appreciation.
Potential Targets:
Target 1: $1
Target 2: $2.4
Target 3: $3.7
Target 4: $4.8
Entry Range: $0.6 - $0.7
Stop-Loss: $0.38
Fundamental Analysis:
XRP, the native cryptocurrency of the XRP Ledger, is designed to facilitate fast, efficient, and cost-effective cross-border payments. With its growing adoption by financial institutions and its potential to revolutionize the global payments industry, XRP holds strong long-term prospects.
What are your thoughts on XRP's future? Do you see the potential for a significant price surge? Share your analysis and predictions in the comments below! Let's discuss!
RIPPLEWhen planets set on the same line
Xrp is a dinosaur in the crypto sphere , having beeing ranked n 1 market cap one day since btc creation .
Not to under estimate .
Charts are on a large perspective reaching a strong resistance but after flwing all bullish signs price will fly once we passe the resistance built in 10 years .
Get ready to see price climb and be prepar to get inside a train that prooved himself since beggening of blockchain and btc .
Ethereum $ETH/USDT - 200D SMA Bull Regime DetectionThis indicator helps traders identify market regimes using the powerful combination of 50 and 200 SMAs. It provides clear visual signals and detailed metrics for trend-following strategies.
Key Features:
- Dual SMA System (50/200) for regime identification
- Colour-coded candles for easy trend visualisation
- Metrics dashboard
Core Signals:
- Bullish Regime: Price > 200 SMA
- Bearish Regime: Price < 200 SMA
- Additional confirmation: 50 SMA Cross-over or Cross-under (golden cross or death cross)
XRP’s 3 hour chart 50ma climbing up through the bullflag A rare look by me at the 3 hour timeframe chart on XRPUSD. I normally don’t try to chart timeframes lower than 1 day because the chart patterns have a much lower success rate of reaching their full breakout targets. However I noticed that the 3 hour charts 50ma (in orange) has held as support since November 5th and is getting close to climbing its way up out of the bullflag here. If price continues to maintain solidified support on that 50ma, then it will validate the breakout up from this bullflag in the near future which will have a breakout target of around $2.00 . Of course being a small time frame, the 3hr 50ma could also easily flip back to resistance in which case we wouldn’t validate the breakout. For now probability favors the breakout upward slightly moreso. *not financial advice*
2invh&s acting like Russian nesting dolls on XRPUSD chartNow that xrp has chosen to consolidate here for a few days it gives the chance for the potential blue inv h&s possiblity to form a right shoulder here, so I thought it was worth including, The smaller purple inner inverse head and shoulders patter is definitely legit and should have its breakout confirmed as soon as xrp has it’s next move to the upside. *not financial advice*
XRP price forecast for early December 2024 & beyondCycles analysis indicating near term resistance to form at 2.5-2.8 levels, to be followed by retracement to 1.50 zone as the FINAL discount buying opportunity before price explodes to 7-10$ 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!
Alikze »» XRP | Wave 3 or C bullish scenario - 1D🔍 Technical analysis: Wave 3 or C bullish scenario - 1D
- Ripple is moving in an ascending channel in the weekly time frame.
According to the current momentum, it can touch the range of 93 cents in the first step, which is an important supply area.
- Before hitting the supply area, he can break the roof of the channel and after hitting the supply area, he can have a correction or pullback to the broken channel roof.
- According to the previous structure that had a zigzag modification; It currently has a zigzag reversal to the upside, which could touch the targets indicated on the chart.
⚠️ In addition, according to the current structure, the price should not enter the Invalidation LVL range, in which case it should be reviewed and updated again.⚠️
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OKX:XRPUSDT
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.
BTCUSD | 15M | SCALPING TIME I've put together a Bitcoin analysis for all of you. I've marked my target and stop-loss levels right on the chart. Thanks to everyone who's been like and support my work. I'm here working hard for you, and I'm never gonna give up on you.
We're gonna keep making gains together. All I ask is that you show your support with a like.
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*