XRP : Short Term, Take EXTREME CAUTIONHi Traders, Investors and Speculators of Charts📈📉
As promised, a short term update on XRP. It's important to remember, the price action we're seeing on most altcoins right now is due to rotations between BTC and alts. More info on this topic here:
Again I think there are better buys in the market than XRP right now. Alts with way better setups.
Incase you missed the previous update, here's some really important notices from my side. Also hence why I'm advising caution when trading XRP, especially if you're trying to swing trade:
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XRP Triangle Formation Signals Potential Breakout!
XRP has been forming a triangle pattern, and all signs are pointing towards a potential breakout on the horizon. This is an opportunity you surely don't want to miss!
For those of you who may not be familiar with triangle patterns, let me quickly explain. Triangles are a common chart pattern characterized by converging trend lines that create a contracting price range. They often indicate a period of consolidation before a significant price movement occurs. In this case, XRP has been exhibiting this pattern, and history has shown us that such formations often precede powerful breakouts.
Now, why am I so excited about this? Well, fellow traders, XRP has been building up momentum, and with the triangle formation nearing its apex, we could witness a substantial price movement in the coming days or weeks. This presents an excellent opportunity to capitalize on potential profits!
So, what's the call to action here? Add XRP to your watchlist and be prepared to take action when the breakout occurs. Keep a close eye on the price as it approaches the apex of the triangle, and once it breaks out decisively above the upper trend line, consider entering a position. Of course, please remember to perform your own analysis and risk management before making any trading decisions.
The potential for a breakout in XRP is undeniably exciting, and it's crucial to position ourselves strategically to maximize our gains. By staying vigilant and ready to act, we can seize this opportunity and potentially ride the wave of XRP's upward momentum.
Remember, timing is key in the trading world, and being prepared ahead of time can make all the difference. So, let's gear up, fellow traders, and get ready to take action when the XRP breakout occurs
XRP ☀️ Outlook; Bullish Trend On? Mixed trading conditions ahead on the global crypto market in the next 24 hours, with Bitcoin and Binance Coin facing slightly bearish clouds. ☁️ This implies a downside risk. The rest of the cryptosphere will see cloudy spells, indicating further upside potential. Ripple, which faces strong sunshine ☀️ , has the most upside potential, according to ATTMO.
Over a one-week horizon, Bitcoin faces tropical 🌦️ trading conditions, which signal that the drawn-out bull market is nearing its end, with an imminent market correction ahead. A bullish sun ☀️ will continue to shine over Ethereum, Ripple, and Cardano, indicating additional upside potential. Smaller coins such as Polygon and Uniswap face bearish clouds, signaling a downward risk ahead. ☁️
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XRP : Bullish Momentum Signals Potential Upside Breakout This technical analysis of XRP reveals a notable triangle pattern consolidation from October 24 to October 27, culminating in a strong breakthrough on October 27. Despite a brief drop to $0.5238, subsequent rapid gains to $0.5459 suggest potential bullish distribution and positive momentum. The analysis provides trade parameters, including a target of $0.623 and a conservative stop-loss at $0.5282. Market participants are advised to monitor trading volume for confirmation of the bullish trend, with a disclaimer highlighting the inherent risks of cryptocurrency trading.
Technical Analysis:
- Triangle Pattern: The consolidation period from October 24 to October 27 formed a triangle pattern, providing a strong foundation for the subsequent price movement.
- Strong Breakthrough: At the candle closing on October 27, XRP fell to $ 0.5329 then breached $0.5238 with strong momentum, indicating potential strengthening.
Interpretation:
- Manipulative Price Action: The brief price drop to $0.5238 likely resulted from market accumulation and manipulation. However, the rapid subsequent increase serves as a positive signal.
- Bullish Distribution: The rise to $0.5459 a few hours later suggests potential bullish distribution, where market participants prepare for further price escalation.
Trade Parameters:
- Target: With the closure above $0.5238 and positive follow-through to $0.5459, the potential upside for XRP is anticipated to reach the $0.623 level.
- Stop Loss: To manage risks effectively, a conservative stop-loss order can be placed at $0.5282, just below the support level.
Outlook:
Market participants should monitor whether this upward movement is accompanied by strong trading volume to validate the bullish trend.
Disclaimer:
Cryptocurrency trading involves high risks, and this analysis is for reference only. Be sure to conduct research and consider other factors before making investment decisions.
Potential break of high RENGE💪🏻*-Technical Analysis 📈
With the previous sharp move, it can be concluded that higher price levels penetrate after breaking through the ceiling
*Trade (Buy/Sell) 📊
buy 0.5083$
*-Stop Loss 🔴
0.4720$
*-Take Profit 🎯
0.5856$ - 0.6294$
*-Risk Management 🚧
5%
👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
XRP Pumping 10% as SEC Drops Charges!XRP has surged a whopping 10% as the Securities and Exchange Commission (SEC) drops its legal charges against Ripple Labs. It's time to rejoice and seize this golden opportunity!
🚀 XRP Rockets to New Heights! 🚀
The recent development in the Ripple vs. SEC case has sent shockwaves throughout the crypto community. With the SEC's charges dropped, a renewed sense of optimism and confidence has flooded the XRP market. As a result, XRP has skyrocketed by an impressive 10%, and the momentum shows no signs of slowing down.
💰 Time to Long XRP: Embrace the Bullish Wave! 💰
Are you ready to ride this bullish wave and capitalize on the XRP pump? This is the perfect moment to consider longing XRP, as the market sentiment is overwhelmingly positive. With the legal shadow lifted, Ripple Labs can now focus on expanding its innovative solutions, potentially driving XRP's value even higher.
📈 Seize the Opportunity: Take Action Now! 📈
Don't miss out on this incredible chance to maximize your gains. It's time to take action and long XRP! Here's what you can do to make the most of this exciting situation:
1. Conduct thorough research: Dive into the latest news, market analysis, and expert opinions to gain a comprehensive understanding of the current XRP landscape.
2. Set your trading strategy: Define your entry and exit points, establish stop-loss orders, and determine your risk tolerance to ensure a well-informed and calculated approach.
3. Choose a reliable platform: Select a trustworthy cryptocurrency exchange that offers seamless trading experiences, robust security measures, and competitive fees.
4. Stay updated: Keep a close eye on XRP's price movements, market trends, and any potential catalysts that may impact its value. Stay informed to make timely decisions.
Remember, trading involves risks, and it's essential to exercise caution and make informed decisions based on your individual circumstances. The recent developments in the Ripple vs. SEC case present an exciting opportunity, but always ensure you are comfortable with the potential outcomes.
✨ Embrace the Ripple Effect: Let's Ride the Bullish Wave! ✨
Join us in celebrating this significant milestone for XRP and Ripple Labs. The positive sentiment surrounding XRP is contagious, and together, we can ride this bullish wave to new heights. Long XRP and make the most of this incredible opportunity!
XRP ☁️ 24-Hours Ahead - Downside Risk; Bearish TrendMixed trading conditions ahead for the global crypto market, with Bitcoin, Ripple, and Binance Coin facing slightly bearish clouds in the next 24 hours. ☁️ Ether, Cardano, Avalanche, and Dogecoin bask in slightly bullish sun. ☀️ However, Litecoin and Polkadot endure the crypto storm 🌧️, signaling a very bearish market with downside risk.
Over a one-week horizon, the outlook remains cloudy ☁️ and rainy 🌧️ for most cryptocurrencies, with Bitcoin and Polygon as the exceptions. They should both enjoy a slightly bullish sun ☀️, indicating an upside potential.
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XRP will Go🛫UP🛫 by Falling Wedge Pattern⏰(1-Hour)⏰✅ XRP is moving inside the 🟡 Price Reversal Zone(PRZ) 🟡 and near the Support line ; also, XRP has succeeded in forming a Falling Wedge Pattern .
🌊In terms of Elliott Waves , XRP was able to complete the end of main wave 5 in 🟡 Price Reversal Zone(PRZ) 🟡.
💡Also, we can see Regular Divergence(RD+) between two Consecutive valleys .
🔔I expect XRP will go UP at least to the 🔴Resistance zone($0.494_$0.489)🔴 after breaking the upper line of the Falling Wedge Pattern.
XRP Analyze ( XRPUSDT ), 1-hour time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
XRP.USD (Ripple) Full AnalysisHello My Friends.
It's a new day and I want to talk about my favorite Coin known it as Ripple.
It's really a die-hard asset against many problems.
Let me remember that it's NOT financial advice.
It's just a new vision for the Ripple.
So, please read carefully and don’t forget to Like, share write your friends, and write your comments below.
Let's go into details.
As you see, I want to analyze this chart on a weekly time frame to show you what's happening in XRP on a big scale!
I drew 5 zones as the main support zone. I believe that the First zone around 0.45 USD will be lost soon.
So, don’t hurry to buy this asset at an insensible price.
The Next support is around 0.28 USD. This zone is rarely strong but I believe that this zone will be broken too.
The 3rd one is around 0.18 USD and could be a good place to put your order for the first Level.
But I believe that the 0.15 USD will touch the Price and it's really an excellent place to buy XRP.
Finally, the Last support zone is around 0.12 USD. This is a fabulous zone to buy and hold Ripple for a Long time.
I want to tell you something sweet, according to my calculation, the final target of Ripple at the end of the next Bull cycle will be around 50 USD in the long term. it means a profit of more than 40000% at the end of 2029. So, please pay attention to my words and be patient.
The situation of the world economy is terrible.
The U.S. government is stuck in recession. So, it's a good chance to start the best investing.
Please be patient. control your emotions.
Opportunities in the market flow smoothly like a river.
It was my duty to tell you all things you need to know.
Please don’t forget to write your comments ✍️✍️ Like 👍👍 and Share 👌👌 this Vision with your friends.
And Tell me do you agree with me or Not?
I wish you Health and Wealth
Sincerely Yours
Ho3ein.mnD
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⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Amateurs STILL calling 0.22 cent XRP!!Duurrr... the beginners are STILL calling dumbass prices like 0.22 cents! There's a 10 year + wall and we ain't gonna break that! It just not gonna happen so cut it out ya amateurs. Xrp is going to break upwards and retest the ALL TIME HIGH. We don't need stupid calls anymore. Xrp is also at a burnrate over 10,000 Xrp a day. Last year it was 5000 Xrp burn a day. It's doubled and only ever increasing.
Don't Miss Out on XRP's Big Move!
XRP remains an asset to watch - my next "big" trade of the season.
We remain consolidating underneath critical resistance. A successful breakout of $0.5572 is going to lead to an aggressive long - while any violent rejection downwards is going to trigger a short back down to our Demand Zone at $0.32.
Volatilty is starting to contract on the Daily Timeframe for XRP.
Watch for Daily Breakdowns of $0.50, that is our new Support Level and we already put in a deviation of that level with a drive down to $0.46.
If XRP is going to successfully breakout, there's no reason to revisit that level of support again. Breaking down below it would be an early trigger for our short position.
XRP like BTC and ETH are pumping today.
XRP just drove down into a Demand Zone, again, watching this Demand Zone is crucial for catching an early short if XRP breaks down here.
Until that happens, we trade to the Long Side like everything else and see if XRP can break short-term resistance at $.5280.
XRP Set to Soar Past Target of 0.54 with New License Approval I am thrilled to share with you that XRP has recently received a groundbreaking license approval in Singapore, a major financial hub and a hotbed of innovation. This development is set to catapult XRP's value beyond our initial target of 0.54, and the possibilities are simply mind-boggling!
With this new license in hand, XRP is poised to solidify its position as a leading cryptocurrency, gaining increased acceptance and adoption in the financial sector. The license approval in Singapore is a testament to the immense potential and robustness of XRP's technology, making it an irresistible choice for both institutions and individual investors alike.
Now, you might be wondering, "How can I get in on this extraordinary opportunity?" Well, my friends, the answer is simple: it's time to long XRP!
By taking advantage of this exciting moment, you have the chance to ride the wave of XRP's success and potentially reap substantial rewards. With the new license approval, XRP's value is expected to surge exponentially, surpassing our initial target of 0.54 in no time.
So, don't wait any longer! Seize this golden opportunity and position yourself for maximum gains by long XRP today. The time is ripe, and the potential returns are too tempting to ignore.
Remember, successful traders are those who dare to embrace opportunities, and this is undoubtedly one of those moments that can shape your financial future. Long XRP now and join the ranks of those who have the foresight to recognize the immense potential in front of them.
XRP's Golden Cross: The Perfect Time to Ride the Wave! As you may have already noticed, XRP has been making some significant moves recently. But hold on tight, because things are about to get even more exhilarating! The much-anticipated golden cross has finally appeared on XRP's chart, signaling a potential breakout on the horizon.
For those unfamiliar with the term, a golden cross represents a powerful bullish signal. It occurs when a shorter-term moving average (such as the 50-day MA) crosses above a longer-term moving average (like the 200-day MA). This event often suggests a shift in sentiment and can be a strong indicator of an upcoming price surge.
Now, you might be wondering, "Is this the right time to long XRP?" Well, the golden cross certainly adds weight to the argument. It's essential to remember that technical indicators are just one piece of the puzzle, but they can provide valuable insights when combined with other factors.
Considering XRP's recent positive momentum, the golden cross could be the catalyst that propels it to new heights. As traders, it's crucial to seize opportunities when they arise, and this might just be one of those moments.
So, without further ado, we encourage you to carefully evaluate the current market conditions and consider a long position on XRP. Of course, always exercise caution and conduct your own thorough analysis before making any investment decisions. Remember, knowledge is power!
As always, we're here to support you on your trading journey. If you have any questions, need further analysis, or simply want to share your thoughts, feel free to comment below.
A drawn out expectation of Xrp's pathFrom the fractals we've been observing 2 times already since March 2020.. we've completed 2 cycles of fractals that are in comparison identical in structural terms to each other. The 1st largest cycle fractal ended (within the price range) in January of this year before making a new smaller 2nd cycle fractal that has already been completed. This rise in price begins the 3rd and final fractal within the range that will take us to the pinnacle of the end of the wedge where Xrp must decide to breakout of the wedge pattern. This is in relation to the first created wedge pattern that occured prior to the 2017 Xrp bullrun.
As it is said.. history rhymes & this is what's to be expected for these final months where the overall falling wedge pattern ends at the end of April 2024. Highly anticipated that this will trigger the breakout to all time highs we've all been expecting.
The more we wait the more it becomes obvious. Happy hodling or trading 😄👍
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!
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.