Xrpusdanalysis
XRPUSD - 50 % gains (NEW)XRP couldn' break the downsloping resistance. It has been underperforming but xrp's time will come soon.
We expect the price to retest the support zone around 0,34$ which would be our entry for a long position.
From there, we're expecting more upside.
Targets are shown on the chart.
Good luck
XRPUSDT: Massive Breakout Imminent Hi all,
XRP has been consolidating for nearly 2 years. Lackluster performance overall can be attributed to the ongoing Ripple v. SEC lawsuit.
As seen on the above chart, a major breakout is expected any day. This pattern can be looked at as a symmetrical triangle. Symmetrical triangles don't carry a usual direction and often break out either way.
The major level to watch is 0.396 (shown with a dashed green line). Once we see price acceptance above this level on a higher time frame, price should move north fast.
The judges decision in the suit will likely cause a major volatile move. Logically, if it is ruled in Ripples favor, XRP should fly to the green zones, otherwise look towards low 0.20s with an unfavorable ruling.
The structure formed since June 2022 is odd to say the least. Its been seen two other times in history. 1st time was in early 2017 before XRP surged to 0.45 from 0.005. Second time was Dec 2018 - Apr 2019, which ultimately happened before its year long journey to 0.10.
Overall, using multiple pieces of analysis, it looks more similar to the early 2017 structure.
Otherwise, its more of a guess to what occurs in the lawsuit ruling, which should highly impact price.
Keep a close eye the next few weeks.
See below for more analysis.
Please like and comment!
Ripple XRP price is trying to grow. How long will buyers last? While almost the entire crypto market is trying to correct and prices are falling, the XRPUSDT price is trying to grow.
Well, XRP buyers can afford the growth now, given the fact that in the previous months, while the entire market was growing, and some assets even made +Xs, the XRPUSD price did not fall at least)
That's how they are "crypto-anarchists" who believe in Ripple)
But seriously, the first resistance from above is near $0.415
And if we look at the XRPBTC chart and the room for growth
We can assume that the XRP price will be able to reach $0.50 in the near future.
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XRP : Whales Asleep, Bears defend $0.55 Hi Traders, Investors and Speculators of the Charts 📈📉
If you've been following me for the past year, you'll be well aware that I am notoriously bullish on XRP. However, today's analysis on XRPUSDT is focused on the price for short term, and for that I like to pull up the technical indicators RSI, LSMA, EMA and Momentum. My favorite indicator, the Phoenix Ascending, points to more possible upside price action for the immediate term. However, it's also noteworthy that the buying pressure is running out, as observed on the momentum.
Usually when XRP rallies, it shoots through 2 - 3 resistance zones. We're currently struggling to capture the first one above, so it may seem that this is not the candle that's going to go parabolic. For now, candles need to keep closing above the BLUE zone, which is now the support zone.
Here's a quick look at XRPBTC . Overlaid in this chart is the XRP line chart and the BTC line chart.
We can see that XRP is overdue to gain some grounds on BTC and from past scenarios we can tell that when it finally does, it will be a facemelt. It's also important to note that XRPUSDT is prone to pump and dump and can act very wicky therefore the best strategy is to have your targets pre-set for TP.
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xrpusdt possible buying opportunities hey everyone, here for xrpusdt i am waiting for a break and a retest / rejection of the break out area
so this trade is not a trade idea but perhaps a potential trade idea if price action does exactly what we're looking for it to do!
Disclaimer - past profits don't guarantee future results trading is risky and you can loose 100% of your trading account balance
Information shared is for educational and demo purposes only!
love to hear some feed back, drop me some comments and show some love!!!
XRP Long - Will history repeat? Will history repeat and will we see XRP flying again to similar levels compared to 2017? A positive outcome of the current litigation between SEC vs Ripple may be concluding. Personally I believe that the price will move ahead of the actual decision based on all the current knowledge we have about the case, which leans towards a Ripple win. Usually, the longer the accumulation the more explosive the move that follows after. Yes, the macro view about the economy in the world and in the stock market in general does not look good but in the same time XRP can bring real change to the current financial system.
As always, good luck and please DYOR before investing any money.
XRP Price Soar as March Momentum BuildsGreetings and welcome to my presentation on XRP price expectations.
As most of you are aware, XRP is an often overlooked cryptocurrency that has recently faced several challenges, including being sued. However, despite these setbacks, there are still many who believe in its potential and predict that its price will exceed $1000.
Given the current state of the world and its increasing reliance on digital currencies, this prediction may not be as far-fetched as it initially seems.
Moreover, March is an especially important month for XRP and its supporters. As such, I am excited to share my technical analysis of the cryptocurrency, which includes two potential price targets.
I am eager to hear your thoughts on these price targets and your own predictions for XRP's future. Let us engage in a lively discussion and discover what the future holds for this fascinating digital asset.
XRP BUYS!Alert triggered while I was on the phone and miss the best entry. You can see we still have good RR and I like the look of this so this is our first trade of the week.
Still a heavy eye on GBP this week for downside. Out of GBPAUD, GBPNZD or GBPCAD, whichever works out first is the one I will take (and post here). The others I will post too but just know I do not take more than one live FX trade at a time. Once it goes risk free, I can look for others.
I will post all GBP trades that I like, but will make sure to let you know which are 'demo' trades and which is live.
XRP short termXRP had a retrace to the 0.5.
I do expect it to go a little lower but we cant break the 0.786 and close a few candles there or this chart is INVALIADATED!
1) *least bullish scenario* if it stays above the 0.786 and we pump the min target is the 1.0fib max target the 1.618.
2) $ mega bullish $ we are in a 5 waves up, 3down then 5back up. Targets are 90cent.
short term:
-lets focus on what price does this week and if the fib levels hold.
-if we pump watch how the price reacts to the 1fib and the 1.618.
Longterm:
-After all that we can still drop to 2-10cents if we break the pandemic lows.
If btc goes as planned and breaks the 25k zone ->28k then we can have an alt season. -> xrp 90cents
*alt seasons only happens 2times
1) if btc makes a new cycle high
2) btc retraces from the 'bearmarket crash'
XRP'S Ripple consolidation coming to an end?! 06.02.2023Really simple stuff.
Take the technicals combine it with SEC lawsuit looking very positive for Ripple (The prosecutors basically admitted that XRP token is not a security, making the lawsuit invalid).
On another fundamental bullet point we have the XRP ledger paving the way for tokenization as it continues to mount up popularity.
The technical aspect shows a descending trend-line since mid last year being tested 6 times and 2 ascending trend-lines converging since November, December last year, tested a combined 6 times - Classic consolidation.
**The resistance of consolidation is around 0.415-0.42, a breakout with weekly candle open higher could be the firing shot to a huge rally back to ATH and more.
**The support of consolidation is around 0.39-0.38, a breakout below could revert price back down to lows of ~0.30 and below in case XRP loses the trial (very low odds according to info out) is probably the only viable reason for XRP to break consolidation down.
RSI 14 shows plenty of breathing room to continue to rally with ease.
Pay attention and do not miss what could be x10 gains and more very quickly once consolidation breaks up consistently with weekly candle open.
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I encourage you to do your own research and trade with caution.
Thank you for reading and let me know if you have any questions or comments, highly appreciated!
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XRPThe xrp currency is in a side channel trying to break upwards, and this is the proposed scenario, and it is more realistic, reaching the price of 5500. The second scenario is to break the channel at the bottom, and therefore the currency is negative for sale. My advice is to wait to snipe the opportunity. A good investment, dear traders. With joy and pleasure ♥️💵