XRP → Consolidation before the breakout and rally ↑BINANCE:XRPUSDT has been in consolidation for a little over a month after a strong rally and this is a good sign indicating that there is still strength in the market. And as we know, consolidation at some point turns into distribution
The symmetrical triangle in our case has the character of a consolidation pattern, the purpose of which is the continuation of the trend. Buyers are aggressively defending the support zone, forming a cascade of levels. But more remarkable concerning the pattern is the consolidation 2.5 - 2.337, which is formed near the triangle resistance. Consequently, we can assume that the market is accumulating strength to break the resistance.
Fundamentally, the project has very good prospects after a long and protracted winter. Trump's victory and the changes provoked by him have a favorable impact on Ripple.
Resistance levels: 2.5, 2.73, 3.05
Support levels: 2.337, 2.2, 2.00
Accordingly, the realization phase will start after breaking the resistance of 2.5. Thus, we can assume that the exit from the accumulation will be upward, which can also be helped by a bullish and growing bitcoin.
Regards R. Linda!
Xrp
Does $XRP deserve a total cap of a half trillion dollarsClassical charting has guidelines and rules. Many on X and social media seem to think they can call any congestion zone by any name -- but the rules of classical charting were set down by Richard W. Schabacker in 1934, codified by Edwards and Magee in 1948.
The current congestion zone in CRYPTOCAP:XRP can best be described as a half-mast flag. But there are rules.
According to Richard W. Schabacker, Robert Edwards, and John Magee, the maximum length of time permitted for a flag pattern on price charts is generally considered to be around four to six weeks. Flags that extend beyond this period are viewed with suspicion as they may not fulfill their role as a continuation pattern.
The flag in CRYPTOCAP:XRP is now in its sixth week. Should this congestion continue to drift sideways, then the chart is most likely to morph into a yet identifiable chart pattern with yet to be determined implications.
But a strong surge upwards now would complete this half mast flag. The price target implied would represent a total market cap for CRYPTOCAP:XRP of a half trillion dollars.
Time will tell. This is the type of education ongoing provided to members of the Factor Service. The Factor Service is about education and does NOT provide real time signals. For real time signals, there are plenty of scammers on X and social media you can turn to.
XRP/USD Long-TERM Bullish TA 2025-2035It is time to update our long-term technical analysis for XRP. The mathematical principles remain unchanged, but the time intervals have been adjusted. We present you with an updated chart for the next 10 years.
Regarding prices, we anticipate a price range of $28 to $60 during the current cycle, which is expected to conclude within the next 12 months.
Subsequently, we anticipate a correction between $3 and $5, followed by another substantial increase to $25.
After that, we enter a prolonged period of low prices for #Bitcoin, which we expect to bottom out in the range of $1 to $3 between 2027 and 2030.
These prices will serve as potential purchase opportunities prior to the commencement of the next altcoin cycle, which is projected to begin in 2032 and continue until 2035. During this cycle, Ripple is expected to attain the coveted price of $600.
Historically, XRP was launched in 2012 by Ripple Labs as part of a vision to revolutionize global payments. Its innovative consensus ledger and transaction protocol offered faster and more cost-effective cross-border transactions, setting it apart from its peers.
Over the years, XRP has forged strategic alliances with financial institutions worldwide, enhancing its credibility and adoption. Despite facing regulatory challenges, particularly with the U.S. Securities and Exchange Commission in 2020, XRP has demonstrated resilience, maintaining its relevance within the crypto ecosystem.
It is imperative to recognize that this journey will be protracted and challenging, but it is worthwhile to pursue it at a steady pace.
Best regards, Earliers!
Check my other Charts to be informed!
Xrp - The New +400% Bullish Triangle!Xrp ( CRYPTO:XRPUSD ) is creating another bullish triangle:
Click chart above to see the detailed analysis👆🏻
Despite the recent rally of +300% on Xrp, this crypto coin is still totally bullish. However at the moment, Xrp is starting to reject a quite significant all time high resistance level. We could see another drop lower from here before bulls will take over again and eventually create new highs.
Levels to watch: $2.0, $10.0
Keep your long term vision,
Philip (BasicTrading)
All things looking bullish for XRP Trump+Alt Season+Gary ResignsPattern Recognition:
The chart identifies a "Flag" pattern, which is a continuation pattern indicating a pause in the uptrend before resuming. The flagpole represents the initial strong upward move, followed by consolidation within the flag pattern, and then a breakout.
Ichimoku Cloud:
Kijun-sen (Blue Line): This line represents the baseline and is calculated as the average of the highest high and lowest low over the past 26 periods.
Tenkan-sen (Red Line) : This line is the conversion line, calculated as the average of the highest high and lowest low over the past 9 periods.
Senkou Span A (Green Line) : Part of the future cloud, calculated as the average of the Tenkan-sen and Kijun-sen, plotted 26 periods ahead.
Senkou Span B (Orange Line) : The other part of the future cloud, calculated as the average of the highest high and lowest low over the past 52 periods, plotted 26 periods ahead.
Chikou Span (Purple Line) : The lagging line, which is the current closing price plotted 26 periods back.
Cloud Interpretation:
The price breaking above the cloud (Kumo) is generally a bullish signal. The cloud represents support and resistance levels.
If the price is above the cloud, it indicates a bullish trend. If it's within the cloud, it's a consolidation phase, and if below, it's bearish.
Breakout:
The price has broken out of the flag pattern upwards, which is confirmed by the breakout label. This breakout should be viewed in the context of the Ichimoku cloud.
Volume Analysis:
Volume spikes during the breakout phase can confirm the strength of the move. High volume on the breakout specifically on the Daily chart suggests strong buying interest.
Tenkan-sen and Kijun-sen:
When Tenkan-sen crosses above Kijun-sen, it's a bullish signal (golden cross). Conversely, a cross below is bearish (death cross).
Technical Analysis Summary:
Trend: The overall trend appears bullish, with the price breaking out of a flag pattern and moving above the Ichimoku cloud. This suggests strong momentum.
Ichimoku Signals:
Bullish Signals: The price above the cloud, Tenkan-sen above Kijun-sen, and Chikou Span above past price action suggest bullish momentum.
Resistance and Support: The cloud now acts as a dynamic support level. If the price dips into the cloud, it might find support there.
Potential Targets:
Using the flag pattern's flagpole length for projection, the price could aim for higher levels. However, the Ichimoku system doesn't provide exact price targets but guides on trend direction and momentum.
Risks:
A failure to sustain above the cloud could lead to a pullback into the cloud or even below, indicating a potential trend reversal or correction.
Strategy:
Entry: For traders using Ichimoku, entering on a bullish breakout above the cloud with additional confirmation from other indicators (like volume) could be considered. Alternatively, waiting for a pullback to the cloud or Kijun-sen for a safer entry might be prudent.
Stop Loss: Placing a stop loss below the cloud or significant support levels within the flag pattern can manage risk.
Take Profit:
This could be based on the projected move from the flagpole or where the price encounters next resistance, possibly where the future cloud might be. More or less it depends very much on ones own strategy.
Conclusion:
The chart with the Ichimoku indicator suggests a strong bullish outlook for XRP/USD, with the price currently above the cloud and a breakout from a flag pattern. However, traders should watch for potential pullbacks to key Ichimoku levels for optimal entry points and risk management. Always consider broader market conditions and any news or events that might impact cryptocurrency prices.
The pattern identified in THE XRP BREAKOUT CHART continues...The pattern that I identified in mid-2024, where the price action forms a fair value gap followed by an 8-month candle pattern (3 + 5), and then breaks out on the 8th candle, is playing out exactly as predicted many months ago. This means that if the pattern, which has occurred identically four times thus far, repeats for a 5th consecutive time, we can expect an incredible period of price appreciation following the breakout of the 8th candle in the month of May 2025.
I believe that around mid-April to early May, we will see a 'flash crash' type of liquidity run on the sell-side liquidity before the 8th candle breaks out as predicted.
Prepare to be amazed!
Good luck, and always use a stop loss!
$XRP Historic Breakout IncomingIn all the years I've been trading cryptocurrency, I've never encountered a bull flag that has been forming for a full seven years. Such a phenomenon is virtually unprecedented and could herald one of the most monumental and historically significant breakouts in the crypto market.
We may be standing on the threshold of an event that will not only attract the attention of the entire financial world, but may also set an entirely new development vector for the entire crypto industry. This pattern is already starting to break through, this could be the moment that changes everything, opening a new era in the world of digital assets.
XRP Long to 6.66Observing the fractal pattern on XRP, we see a potential setup similar to AVAX's previous price action.
The price seems ready to expand soon and is likely to dip into the orange demand zone, creating a buying opportunity. The demand zone is crucial, much like it was on AVAX's chart before its massive move upward.
Entry Zone : Look for a dip into the orange demand zone around $2.21 - $2.41.
Target: $6.66 – A potential long-term target based on the fractal comparison with AVAX.
Key points:
The price structure shows a similar pattern of consolidation before a major price breakout.
Timing will be critical as we expect the price to dip into the demand zone before moving up.
Stay vigilant for entry confirmation within the demand zone.
If this fractal plays out as expected, XRP could see significant upside potential, following a path similar to AVAX's recent price action.
XRP - Bull FlagXRP looks to break out soon. A channel (flag) formed after XRP's uptrend (flag pole), signaling a rally to resistance levels. The Relative Strength Index (RSI) is overbought, signaling a dip before a possible breakout. A dip in the upcoming days will follow the bull flag signal, with market price striking key resistance levels.
Chart - 12hr
Resistance - $2.90
Support - $1.96
F & G Index - 61 Greed
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XRP, will history repeat?XRP and the Army.
XRP will do nothing and could be considered a stable coin until it finally doesn't. Historically XRP does nothing without the rest of the market, they all follow bitcoin.
When does the magic start? When the yellow line crosses the purple and the red, more specifically the purple. Until then, stable coin. I have that area circled in prior history.
When it starts it should be 4 weeks of insanity then a correction and pause for approximately 8 months and a final 4 weeks of the final phase. That's the good news, the bad news is it might be well into 2024 and bitcoin will have to make new highs before XRP de-pegs it self from it's stable coin status.
I have also added the TDI indicator on the bottom as it shows the bear market areas and bull market areas.
I Have linked another chart that I made a few back on XRP and a lengthening altcoin cycle chart.
I have picked long for XRP but I don't expect it anytime soon. The earliest would be late this year but most likely 2024.
WeAreSat0shi
Thank you
Ripple analysishello guys
There are two scenarios for Ripple:
1: By hitting the ceiling for the third time, it will succeed in breaking and witness its growth.
2: Don't be afraid to break the ceiling and make a step purchase by falling in the specified
support areas.
What do we think?
We think scenario 1 is more likely to happen.
Be successful and profitable.
XRP movement and rhythm originally figured for a smaller abcde triangle with upside resolution, however, zooming out makes it appear as tho maybe we have more time to eat up before the next leg up.
this is just a chart to track progress.
hypothesis: one more leg down, but a higher low, followed by new move up for new ATH sometime around january 29th 2025
two highlighted paths in white and red represent the bullish scenario
separate post may be warranted for bearish case
Public trade #2 - #XRP price analysis ( Ripple )The CRYPTOCAP:XRP price is holding very well and very firmly, what is there cannot be taken away!)
🟢 In the first stage of the correction, the OKX:XRPUSDT price was allowed to touch the previous ATH only slightly.
🔵 If in the next correctional stage, the price of #Ripple is kept above $1.60, then even we will buy it a little and join the “believers” of this project, at least to $3.90, for starters)
🔴 Worst-case scenario - red - a drop to the range of $0.95-1.20 and prolonged consolidation before continuing growth.
Which scenario do you believe in?) Blue or Red?)
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STRONG BREAKOUT - CONTINUATION IMPULSE?As illustrated, we see a strong bullish 1D candle break-out of the bullish pattern (consolidation phase), which could indicate the start of the continuation impulse to the upside to re-test previous highs and potentially breaking to create ATHs.
Target area:
AB = CD:
It is calculated based on the measurement of the first bullish impulse; meaning it should be the same distance.
That being said, the price target would be the $4.300 - $4.500 range.
Fundamentals:
A lot of expectation with Trump's take over and his plans for the crypto industry. As the date comes closer ( 20th of JAN ), there could be a hype into the general market; specially XRP since (apparently) there's talks about RLUSD replacing USDT + serving as a governmental stable coin which the US could start using.
Another key event would be the potential BTC reserve that Trump might decide to create. This would increase demand of BTC tremendously, causing a chain reaction effect in most alt coins. It only makes sense to do this with how fast the industry is expanding and growing.
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GOOD LUCK.
XRP ShortThe last two shorts I've taken on this coin have given me profit to walk away with before stopping me from taking the bigger swing I am looking for. I am happy to keep shorting until my target is met. This coin may have a future, but not right now IMO.
In short, I haven't lost yet.
This is just chop. Dubai isn't sending this to the moon and more adoption pumps are coming on the way down
I will stick to my narrative until the market says otherwise
Stay safe in this bear market and enjoy it. We won't get one like this for a very long time, if ever.
PS. Leave your immaturity to yourself, you won't get a response from me just because you don't agree or you're upset that I'm speaking the truth and won't be invested like you want to so I can lose along with 90% of the market.
What if Santa is REAL?!Hear me out.
Santa is coming this year.
Let's assume that the correction is over for the Christmas' sake, in a simple ABC zigzag, and we the low set at $1.9 was the local low.
Right now, we could be simply in the beginning of the final impulse in 2024.
From my point of view based on the subwave count, we could be waiting for a wave (3) of the intermediate degree to take out the ATH.
How confident can I be in this scenario and the Santa rally?
Not so much. Unless BTC retakes 100K, stabilizes around there, and the dominance relaxes to allow the altcoin market to breathe, I'd still assume we are range bound in a wedge.