XRP 🌧️ In One Week? Cloudy weather with some sun lies ahead for the overall global crypto market in the next 24 hours. This translates into a slightly bearish market with downside risk. However, Ether trades in sunnier conditions, indicating potential upside. ☀️
Over a one-week horizon, the forecast is mixed with sunny trading conditions ☀️ for both major cryptocurrencies – Bitcoin and Ether, as well as Binance. Other altcoins such as XRP, Litecoin, and Cardano face 🌧️ rainy if not stormy trading conditions, signaling a bear market with a possible downward trend.
Follow us for more crypto weather reports!
Xrpusdanalysis
XRP Might Break Above - But It Doesn't Look GreatXRP is an interesting asset to watch, following it's crazy pump back in July of this year.
XRP's price has been relentlessly swatted down from a Fair Value Gap Zone between $0.5371 and $0.5578. This Fair Value Gap was created all the way back in May of 2022 during the market-wide selloff.
We can see very cleary that everytime XRP's price comes up into that zone, it gets rejected. With the only exception being the lawsuit pump when news broke that Ripple Labs had secured a "sort-of" victory against the SEC in their ongoing legal battle.
Although I'm feeling bullish on ETH and BTC, XRP is a wild card.
We just wicked up into that FVG Zone again, and are currently rejecting. Normally, I would immediately enter into a short however this time I'm going to wait for confirmation in the form of a bearish candle moving away. Once that occurs, I will short targeting our Demand Zone all the way down around $0.30.
Re-evaluate and flip bias if price is able to continue moving up and through the FVG Zone.
Smaller time frameDouble zig zag is in the play in my opinion.
Switching the perspective to line chart gives better clarity because of the wickery.
Just as having the wick above the (5), it might happen that we wont have a lower low point on XRP for ultimate bottom.
Btc drops once again, and pulls everything with it, and if it finally bottoms , we might see the Bullrun, hopefully not a foolsrun.
(XRPUSD) : Broken Daily Uptrend Hey guys, I hope you're all doing well. For XRP, the main thing that is obvious and can show the possibility of a fall in price is the weekly downtrend (attached on the chart). So it can show me the destination of the price for a much longer time. Another reason is the respect of the price in the resistance area (2 times, between 0.54 and 0.55 areas). In my opinion, the price will fall step by step until it reaches the 0.31 or 0.30 area.
May you all be PROFITABLE,
Ripple (XRP) -> Triangle ContinuationMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️
I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term wealth!
In today's anaylsis I want to take a look at the bigger picture on Ripple.
Since the beginning of 2018 Ripple Coin has been trading inside and forming a quite bullish triangle pattern which is most more often than not a simple continuation pattern.
I am now simply waiting for a breakout which is roughly at the $1.4 level and then we could see another crazy pump of more than 1000% towards the upside.
- - - - - - - - - - - - - - - - - - - -
I know that this is a quite simple trading approach but over the past 4 years I've realized that simplicity and consistency are much more important than any trading strategy.
Keep the long term vision🫡
XRP ☁️ Ahead, Bearish Momentum On a Longer Time Horizon Rain 🌧️ and clouds ☁️ linger over the global crypto market for the next 24 hours, suggesting a bearish trend with downside risk for XRP, Bitcoin and most alts.
But amidst the gloom, Cardano and Dogecoin shine through with sunnier trading conditions, hinting at upside potential. 🌞
The forecast shows somewhat improved trading conditions ahead with Ether, Litecoin, and Uniswap basking in bullish sun over the next week. 🚀
However, bearish clouds are expected to linger over XRP, Bitcoin, and Cardano on a longer time horizon, as per ATTMO's forecasts. ☁️
Follow us for more crypto weather reports!
XRP $33 by Christmas 2023Hello again!
Just squeezing some lemons here seeing what I can get out of XRP in my spare time.
Use bars pattern tool and measure price in the 788 day periods and layer that price action over the other 788 day cycles you'll see price action is nearly identical only difference is price may be inverted here and there but it's pretty much the same old thing going on here pretty clear to see.
Anyways It appears we will have some sort of correction in October and then November we begin pumping. Good chance we finish the year around a $33 XRP.
EDIT: The two small vertical dotted lines in the blue zone are not showing their dates so I'll share them here. First one is (12/25/23 $33) & second one is (8/23/24 $268) and the high in November 2023 is $5.84
-NeverWishing
XRPUSD Analysis 3Sep2023After the last analysis last month, the price of XRP did soar and there was currently a correction period. There is a change in Elliot's notation from the old analysis. I think currently there is a zig zag correction with invalid limits under Wave II. For those of you who transact in the Spot Market, there is a chance to Long to see the current price approaching the bottom. Adjust your budget to be able to do AVERAGING later.
Breakout in next week!We should see a move to the upside in the coming days. There's still room for a minor draw down before a break out of this wedge. I'd then expect more sideways action after a small pump and more bleed outs leading to New Years. Ups and downs from here on but getting stricter within this range.
XRP Facing ☁️ In the Next 24 Hrs; Next 7 Days 🌧️? Bearish TrendThe global crypto market faces mixed trading conditions 🌥️ over the next 24 hours, with XRP, Bitcoin, and Litecoin, and most other altcoins facing clouds ☁️, indicating a slightly bearish market with downside risk. However, the sun ☀️ shines over Ether and Polkadot, suggesting a slightly bullish market with upside potential.
Over a one-week horizon, the subdued mood is likely to continue. 🌧️ Bitcoin, Ether, Binance, and most other altcoins will face rain ☔ or clouds with some sun piercing through – a bearish trend.
Follow us for more crypto weather reports!
XRP TECHNICAL ANALYSIS \ STOP LOSS INDICATORS BITFINEX:XRPUSD
On the daily chart
Broke out of the pendant and dumped
We break into the red box > I/m shorting
Break into the green I’m running long game
Possible pattern occurring in relation to the previous Bull flag formation
We may trade sideways for a little and break to the upside again
Who knows. I sure don’t.
XRP going upto 1.35$ !!!**A friend asked me if I think there is any hope for XRP to go up.
I am presenting this analysis to my dear friend. The reason for the validity of this analysis is the Ichimoku cloud gap method, which has a very high accuracy. Therefore, the long-term first profit margin of XRP is $1.35 (of course, as I mentioned in previous analyzes with respect to the Gan method, the target is $2.1). In other words, XRP has no choice but to touch those points due to the gaps it has left behind along the way. And the optimal and reasonable point is $1.35. But unfortunately, in the future, it will see 0.17 cents due to these gaps. Good luck.**
XRP- Back under support, not good at allThe news that XRP is not secure triggered a strong move for the coin with the price almost reaching parity.
However, after a normal correction and consolidation, instead of continuing to the upside, XrpUsd has dropped back under 0.55 old resistance, which should've provided support and it hasn't.
Now, with the price back under this resistance and with the selling pressure all over the crypto market, we can expect a new drop to 0.4 support.
I'm looking to sell with stop loss above 0.55
XRP ☁️ Week Ahead - Downside Trend XRP is facing clouds with intermittent sunny intervals 🌥️, suggesting a slightly bearish market sentiment.
Looking ahead to the next week, while many areas of the crypto universe will enjoy sunny conditions, XRP is expected to encounter clouds ☁️, indicating a sustained downward trend according to ATTMO forecasts.
Follow us for more crypto weather insights!
XRP , TP is between 2.1 to 2.2$ !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.