XRP IS BULLISHBefore anything, pay attention to the time frame, the time frame is big and time consuming.
Ripple seems to be in a symmetrical pattern that is now about to start its upward F wave.
By keeping the green box, it can continue to pump in the coming days.
The targets are clear on the picture.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Xrpanalysis
XRPUSDT.1DBased on the provided market data, XRP is currently trading at $0.719 against USDT. The Relative Strength Index (RSI) for 4 hours, 1 day, and 7 days are 79.58, 79.16, and 66.86 respectively. These high RSI values suggest that XRP is currently in an overbought condition, which could be a signal of a potential price decrease in the short term.
The Moving Average Convergence Divergence (MACD) for 4 hours, 1 day, and 7 days are 0.0124, 0.012, and 0.019 respectively. The positive MACD indicates a bullish signal for XRP, suggesting that the buyers are in control.
The Bollinger Bands (BB) for 4 hours, 1 day, and 7 days are 0.71, 0.73, and 0.73 respectively, and the current price is slightly below the upper band. This could mean that the price is in a high range and could potentially revert.
In terms of support and resistance levels, the immediate support levels stand at $0.62, $0.57, and $0.54 for the 4-hour timeframe. For the 1-day timeframe, support is at $0.62, $0.53, and $0.49, and for the 7-day timeframe, it is at $0.58, $0.48, and $0.30. The resistance levels are $0.74, $0.83, and $0.94 for 4 hours; $0.75, $0.83, and $0.86 for 1 day; and $0.93, $1.060, and $1.43 for 7 days.
Based on these technical indicators, it seems that XRP is currently in a bullish trend but is overbought. Therefore, there might be a potential for a short-term price correction. However, the positive MACD suggests that the overall trend might continue to be bullish. Please note that this analysis is based on the current market data and does not consider other factors that could impact the price. It's always recommended to do your own research and consider multiple factors before making any investment decisions.
Cryptolean Ripple XRP UpdateNow, XRP lacks the momentum, however, it will change soon.
Today, it again tested the key daily support at $0.593 and we saw a bullish rejection.
It has to move to above $0.65-$0.675, the key daily resistance zone, for bulls to take control and move price to the previous local high at $0.93.
A daily candle closure above $0.675 will result in a bullish rally towards $0.73 and, possibly, higher .
An inability to sustain the price action above $0.59 will result in price slowly declining towards $0.54.
IMPORTANT: XRP Satoshi Price is under pressure due to a bullish Bitcoin Dominance, while XRPUSD chart is consolidating in the narrow range. Once Satoshi price of XRP in the #XRPBTC chart finds a support that could happen at 810 Satoshi and reverses, XRP price will shoot up.
Intraday Chart
The sentiment for the #XRPUSDT 4-Hour chart is neutral
A bullish break-out of $0.628 will push #RippleXRP to the key intraday resistance zone of $0.69-$0.72, however on the way to this zone, #Ripple coin will have to deal with a resistance at $0.657.
A inability to break through $0.628 will result in another bearish dip to $0.602 or, lower, to $0.575 that could lead to a bullish rejection towards $0.69-$0.72 and higher.
XRP has formed a Bullish FlagXRP has formed a Bullish Flag. In the near future the price can break above the resistance.
🔵Entry Zone 0.5678 - 0.5351
🔴SL 0.5103
🟢TP1 0.6400
🟢TP2 0.6800
🟢TP3 0.8000
🟢TP4 0.8800
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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#XRPIn a bearish structure in time h1 and h2, if the red box does not have the ability not to exit the bearish structure, you can enter a sell position with one or more confirmation candles up to the specified areas of the green boxes. But if the red box breaks upwards, it will be able to move to the resistance zone. Therefore, in the event of a zone break, you can enter the reverse position.
The trendline that keeps on keeping on giving!So here we have my minimum price prediction for Xrp come 2031! I believe that minimum price WILL BE $7 and no less in 8 years! This trendline has been just paying everyone in Xrp since Xrp's inception.
I don't see this stopping anytime soon especially for Xrp's adoption in the next 8 years!
You can be safe in the knowledge of how much you'd like to invest into Xrp and/or dollar cost average in.
If prices tend to go higher than the minimum forecast for 2031 in the nearest future.. over the next year or two would probably be a good time to consider selling a portion (or percentage) of your Xrp. Don't ever let your earnings go back into the downturn if there's such good opportunity to sell at lucrative highs. So this would be a good guideline to follow so you don't miss out on potential future profits.
Happy earnings and prepare now.
XRP LOOKS BULLISHConsidering the lack of drop in the timeframe we have considered, XRP seems to be in the build-up phase for another jump. Because the movement after the intended pattern was not realized
The previous scenario is declared expired and we have no bias on the analysis. The previous scenario was diametric, but we may be facing a symmetric one, which means that xrp is not ready to drop yet.
By maintaining the green range, it can move towards the specified TPs.
The safe buy range is the green range, which allows us to have a logical buy/long setup on xrp.
Do not enter the position without capital and leverage management and stop setting
XRP → Ripple Heading Down to $0.53? This May Surprise You.XRP had yet another rejection off the top of the Triangle Resistance, pushing the price down below the Daily 30EMA. The crypto market as a whole is pulling back from its recent bull run. Are we going down?
How do we trade this? 🤔
I believe the crypto market is going to reverse to the downside in the coming weeks. Refer to my recent Bitcoin lifetime analysis for those details:
What does that mean for XRP? Given the large bear candle after contact with resistance closing below the Daily 30EMA, RSI below the Moving Average, the crypto market itching for at least a pullback if not a full blown reversal to previous lows, XRP has a high likelihood of touching the Triangle Support. The short-term trade option is to short scalp the market to the bottom of the Triangle with a 1:1 Risk/Reward Ratio. I would use a small position size give we have some distance from Resistance and that this is a scalp, which is inherently higher risk but in trade for greater probability of success.
💡 Trade Idea 💡
Short Entry: 0.61
🟥 Stop Loss: $0.67
✅ Take Profit: $0.55
⚖️ Risk/Reward Ratio: 1:1
🔑 Key Takeaways 🔑
1. Contact with Triangle Resistance, falling below 30EMA.
2. Last Daily Candle Closed Below 30EMA.
3. Gap to 200EMA and bottom of Triangle.
4. RSI at 44.00 and below Moving Average, Bias to Short.
5. Bitcoin Showing Signs of Reversal. Scalp Short.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
Like 👍 and comment if you found this analysis useful!
XRP (UPDATED!) → Ripple Higher Highs! Long the Moon Candle!?Ripple has formed another pattern for us to take advantage of! My previous analysis showed a bear channel followed by what looked to be a forming double bottom. Now we have an ascending channel that appears to be putting in a second higher high.
How do we trade this?
We have most of the pieces we need to long with one crucial exception; the bull confirmation candle. The ascending pattern, higher highs, price above 30EMA and 200EMA, and RSI above the Moving Average, are all requirements for the long entry and we have them on this chart.
Things to watch out for . Bitcoin as a leading indicator is at its Weekly Resistance, we need to be aware that if Bitcoin reverses here, it could stall market sentiment to the upside. Be ready to respond to a bear signal and follow through with any such long position.
Trade Idea
Long Entry : $0.62
Stop Loss: $0.60
Take Profit: $0.66
Risk/Reward Ratio: 1:2
Key Takeaways
1. Three Legs Down, Trend Reversed.
2. Two Higher Lows, confirming the second.
3. Price above 30EMA and 200EMA. Wait for a Confirmation Candle.
4. RSI at 55.00 and above Moving Average, Bias to Long.
5. Target 1:2 Risk/Reward.
You are solely responsible for your trades, trade at your own risk!
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XRP Ripple: A Rollercoaster Ride Ahead! CRYPTOCAP:XRP
BINANCE:XRPUSDT.P
XRP Ripple: A Rollercoaster Ride Ahead! 🎢🚀📉
Attention, crypto enthusiasts and traders! As we dissect the charts of XRP Ripple, a fascinating pattern emerges, hinting at a significant market movement. After its impending retracement, XRP is poised for a notable surge, potentially offering lucrative opportunities for the astute trader.
However, it's not all clear skies and smooth sailing. The rise we anticipate could well be the precursor to a more extensive, cycle-degree bear market. This shift in market dynamics calls for a strategic approach to trading XRP Ripple.
For those invested in or considering a position in XRP, now is the time to stay extra vigilant. The expected upswing could be your chance to capitalize, but it's crucial to remain aware of the potential downturn that might follow.
In the crypto market, volatility is a constant companion, and XRP Ripple is no exception. The projected bear cycle, while challenging, is a natural ebb in the ever-fluctuating world of cryptocurrencies.
To navigate these turbulent waters, keep an eye on key technical indicators and market news. Consider leveraging this upcoming rise, but also prepare for the longer-term bearish phase. As always, risk management and a well-thought-out exit strategy will be key to your success.
Stay ahead of the curve, and let's make the most of these dynamic market phases!
XRP → Ready to Rocket!? A Simple Chart Answers that Question!XRP found its way out of the bear channel after a 3-leg push downward followed by a bullish reversal. The price meandered sideways and fell below the 30EMA and 200EMA ribbons looking for support. Are we ready for takeoff? Or are we going to sub $0.50?
How do we trade this?
The current price is at $0.60 above the support zone of $0.57. Sideways outside of a bear channel does not give us the confirmation we need to enter a trade. What we need is a bull signal bar on or near the Support Zone to confirm that the bulls are here to carry us upward.
It's reasonable to wait for the price to fall a but further and bounce. Look for a bull signal bar closing on or near its high followed by a strong confirmation bar. Longing in the $0.59 area gives plenty of room for a 1:2 or 1:3 Risk/Reward ratio, a reasonable ratio given we're looking for a trend reversal. I would not short in this scenario until we see more price action.
Trade Idea
Long Entry: $0.5850
Stop Loss: $0.5416
Take Profit: $0.7150
Risk/Reward Ratio: 1:3
Key Takeaways
1. Three Pushes Down, Bull Breakout of Bear Channel.
2. Not a Strong Breakout. Look for Bull Signal Bar.
3. Price Below 30EMA and 200EMA. Wait for Support Zone.
4. RSI at 40.00 but below Moving Average.
5. Wait for Bull Signal Bar for Confirmation to Long.
You are solely responsible for your trades, trade at your own risk!
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XRP will ⚔️Attack⚔️ to 🟢Support zone🟢⏰(4-Hour)⏰✅ XRP seems to have succeeded in breaking the Support line .
🌊In terms of Elliott Waves , XRP completed a Double Three Correction(WXY) .
🔔I expect XRP to attack the 🟢 Support zone($0.4950_$0.4820) 🟢 in the coming hours.
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🌐➕ Positive News ➕🌐:
Judge rejects SEC’s motion to file an appeal against Ripple ruling.
Crypto CEO Very Bullish On XRP Price, Sets Make Or Break Point.
🌐➖ Negative News ➖🌐:
XRP Eyes Epic Outflows from Korea's Major Exchange to Mysterious Wallet
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XRP Analyze ( XRPUSDT ), 4-hour time frame⏰.
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🚀XRP🚀 The Monthly Flag Pattern 📈📊 The Flag Pattern: The flag pattern is a technical analysis formation that often indicates a continuation of the current trend. It typically consists of a strong price movement (the flagpole) followed by a consolidation phase (the flag) that forms a distinct shape on the chart.
🏁 A Familiar Sight: XRP enthusiasts might feel a sense of déjà vu because the monthly chart is showing signs of yet another flag pattern formation. We've seen this before in XRP's historical price action.
📈 What It Could Mean: The flag pattern is generally considered a bullish continuation pattern. If history repeats itself, this formation might suggest that XRP is gearing up for another bullish run.
🔎 The Importance of Confirmation: While patterns like these can be exciting, it's crucial to remember that technical analysis is just one piece of the puzzle. Confirmation from other indicators and fundamental factors should be considered before making any trading decisions.
🌌 The Crypto Journey: The crypto market is known for its unpredictability, and every move should be approached with caution. Risk management and thorough research are your allies.
In conclusion, the appearance of another flag pattern on the monthly XRP chart is an intriguing development. It hints at the possibility of a new bullish phase, but it's essential to use it as one tool in your analytical toolbox.
Stay tuned, stay informed, and remember - the crypto world is full of surprises, and each chart pattern tells a unique story! 📊🚀
❗See related ideas below❗
Follow + Like this post and share your thoughts in the comments; your engagement fuels the crypto conversation! 💚🚀💚
XRP POSSIBLE 40% GAIN CLASSIC BULLISH DOUBLE BOTTOM hello traders so after doing a quick analysis on XRP it appears that it might gain 30-40% in the upcoming days / weeks .
- the price formed a classic reversal bullish pattern : a double bottom on a key level .
- the price broke the neckline of the double bottom violently and it appears that it went down to do some retesting .
- if the price manages to break that neckline again we might see XRP reach that bearish trendline again and even break out of it and reach new highs .
the break out will be the confirmation we need .
if you liked the idea be sure to help me out with a like / boost and why not a follow its FREE !
i provide weekly signals and analysis on my tradingview for FREE!
this is not financial advice just my humble opinion
XRPUSD Analysis 3Sep2023After the last analysis last month, the price of XRP did soar and there was currently a correction period. There is a change in Elliot's notation from the old analysis. I think currently there is a zig zag correction with invalid limits under Wave II. For those of you who transact in the Spot Market, there is a chance to Long to see the current price approaching the bottom. Adjust your budget to be able to do AVERAGING later.
XRP Finally Reaching Historic Bottoms | Breakout SoonThe Resistance Level : After being broken through, it doesn't hold much merit anymore. However, it should still be used as a sign of possible support in the future, but as of now it still shows signs of resistance, so it's safe to say that this is still an important level and we should be keeping our eyes on this one.
50 Day MA: The 50 Day MA has shows good support and resistance on this time frame, which is why I will be using it. The 20th of March (2023) Is where we started seeing levels of support and movement to the upside. A pattern can be seen of higher highs, and higher lows. If you look back at the 20th of August (2020), we see the same pattern emerge where we break through the 50 Day and proceed to reach higher highs and higher lows. It can also be seen in December (2020) where broke through the 50 Day. Will we see the same pattern in the next weeks, where we fall through the 50 Day, or will it show support? Allow me to give you more information.
FIB: The Break Through at the 0.236 Level was important, it shows signs that the market is ready to start seeing bullish pressure, but as we can see there was a reversal, and there is still sometime left before we truly reach higher levels on the FIB. So the 0.236 is still playing as resistance, but good signs of of a breakout soon.
RSI: The 3 overbought tops back in 2020 aren't the only tops we've seen on XRP, we've even seen them back in 2017, and now we are seeing the same patterns today. This is the pattern: Breaking through 40.00 to show bullish pressure, 50.00 playing as support, the 3 overbought tops, then begging of bear market. As we can see we are starting to reach those tops, which means this is the LAST FALL, OR have AT LEAST one more to go.
Historic XRP Candle Pattern: This is the Pattern: Rally, then a fall, Then Retrace to the Hight of previous rally, consolidation, then the final rally. That's what we saw in 2017, 2020, and now we are seeing the first steps of it right now.
Summary: We are waiting for prices to reach 50 Day MA, where we can retrace back to the SEC Rally and consolidate, but there may be a final fall as history is showing us.
The Xrp launchpad beyond $1 deadline...The image itself is explanatory. Setup for $1 & beyond! We have a March 2024 deadline approaching and currently Xrp can never drop below 0.43 cents again. What a BEAUTIFUL launchpad being created! So there's very little movement for Xrp to the downside. We're talking 0.20 cents max! But looking damn bullish to the UPSIDE!!! Oh yeah 😎 😏 😁 📈
Downside VS UPSIDE.. obvious is obvious.
And it has nothing to do with some lawsuit. The charts is the news.. not the other way around. They have to make news for the price action of Xrp because the launchpad is heating up and we ain't 👀 seen nothing yet!
So to recap.. the downside potentiality compared with the upside potentiality there's SERIOUS money 💰 to be made from now to March regardless of temporary downside movements.
XRP , TP is between 2.1 to 2.2$ !XRP seems stronger than ever, and we may be in the beginning of wave four. Therefore, the price decline in wave four should end between 0.57 and 0.59 cents. If it stabilizes at these prices, we can say that the decline is a 38.2% Fibonacci retracement. The price growth and the start of wave five will be here, and wave five will be as long as wave three, with a target between $2.2 and $2.1.
The time to reach the suggested prices: The price of 0.85 will be around late June 2024, and the price of $2.1 will be around December 2024. Please note that the dates are approximate and not exact.
The analysis method: The analysis is based on Elliott waves, Gann fan, Fibonacci, and Ichimoku.
xrp can break flag and continue to 3.41$ 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.
Xrp may go sideways for a bitSeeing that Xrp has what appears to now retested this support line that's headed towards 0.55 cents by January. Although keeping in mind this is a retest. I expect Xrp will ride this support trendline a short period before another run up higher over the coming month or two.
This is just my thoughts at the current moment so don't hope entirely on it but if we're going higher then it will drag a bit.