XRP Price Analysis On The Daily Chart :)Hello all XRP peeps out there! Here's my View of the coin on the daily chart! Hope you enjoy :)
XRP Needs to hold the .4111 LVL if it wants to continue to the upside. XRP needs to break the .4245 LVL AND then it might touch the very important LARGE area of Resistance at the .4585 LVL .
IF THE ABOVE FAILS..
XRP will go back down and test the LARGE area of Support at around .3884 - .4000 LVL .
Thanks for checking this out! good luck out there guys :) LOVE LOVE .
Xrpusdanalysis
xrp target is 2 or 6$?Ripple is a strange cryptocurrency and full of potential to increase in price. The reasons are its universal use and low fees, as well as the liveness of this currency. But I believe that Ripple will easily go up to 2 dollars, then it will hit the resistance at that point and it will drop a little until the nearest resistance, which may be the price around 1.5 dollars, and it will make a cup pattern, then it will go to 3-6 dollars by this pattern.
XRP to Break free?XRP - 24h expiry - We look to Buy a break of 0.3811 (stop at 0.3733)
Short term MACD has turned positive.
Short term momentum is bullish.
Short term bias has turned positive. 0.3713 has been pivotal.
Trades at the highest level in 26 days.
A break of yesterdays high would confirm bullish momentum.
Our profit targets will be 0.3998 and 0.4098
Resistance: 0.3787 / 0.3850 / 0.3950
Support: 0.3650 / 0.3600 / 0.3530
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
A further idea of a bullish outlook for XRPBased on a long term trend line which bottomed at COVID low, this trend line has held ever since. We are currently approaching a pinch and I would consider the likelihood of upside as opposed to breaking this long-term trend an almost definite possibility with potential targets of ~$1.20 in the coming months with aims of reaching the downward forming pendant in time for the next halving event. As we can see for the scaled circle areas these sections are starting to look very similar and XRP rising to $1.28 over the coming weeks would confirm this idea.
Ripple XRP price formed a trend reversal pattern. What goal?3 days ago, on the chart XRPUSDT prices formed a beautiful and convincing "Inverted Hammer" reversal pattern
The large shadow of the Japanese candlestick indicates that sellers pressed the price down with great force, and broke many longs' stops in the highlighted blue zone. But there was an aggressive and voluminous buyer who was able to sharply buy back the fall at the right moment.
Purely theoretically, in the current low-volume market, one "big player" who wanted to buy a lot of XRP at the same time could have organized this show:
+ First, the "big player" on various platforms places limit and hidden buy orders for XRPUSD in the range of $0.305-0.31.
And then systematically starts selling XRP and presses the price down. Arbitrage bots simultaneously make sales on different platforms by repeating this maneuver. And then the cascading triggering of stop orders and margin calls, which were hidden behind each of the previously formed "pins"
As a result, the "big player" who started this show received a large flow of orders for the sale of XRP, which fully filled his "buckets" for the purchase. When the big player gained a position, he bought several XRPUSDT market orders and organized an aggressive buyback, and it was easy to do this because the glass was empty earlier.
+ The second goal that could be achieved by such a maneuver is the "destruction" of competitors who have taken long positions over the past 6 months.
Nothing personal - only business - it will be much easier for the XRP price to grow if few people will fix profits by selling their XRP, which can freeze the growth.
+ Well, the third goal is the formation of the Inverted Hammer reversal pattern, which will give everyone a signal: "it's time to buy". The goal of this pattern is to increase the price of XRPUSDT to at least $0.40-0.41.
In general, on the chart, we have depicted the possible movement of the XRPUSDT price in the medium term until the end of spring. Target $0.60-0.65 and higher
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Fading into current XRP bullish momentum.XRP - 24h expiry - We look to Buy a break of 0.3721 (stop at 0.3631)
Short term MACD has turned positive.
Short term momentum is bullish.
Short term bias has turned positive.
0.3713 has been pivotal.
A break of bespoke resistance at 0.3713, and the move higher is already underway.
We are trading at oversold extremes.
Our profit targets will be 0.3941 and 0.4011
Resistance: 0.3650 / 0.3713 / 0.3800
Support: 0.3530 / 0.3450 / 0.3400
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
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$XRP - Two ScenariosXRP price action imo is one of the cleanest to trade, red line break will trigger a short (stop $0.425 tp1 $0.33) - (in my opinion the more likely of the two scenarios unless some SEC case stuff comes out). Break of the blue line triggers long scenario up to the $0.49 region (stop $0.38).
Ripple XRP is NOT the scam!Hello, long-suffering Ripple holders!
Today it’s time to make you happy because the “immortal scam” project is going to be alive and give us the huge profits in the next bull run. I have never invested in the XRP , but this time I will do it because it has the clear waves structure and I have the idea where I can do it.
Let’s take a look at the daily time frame of the XRPUSDT chart of the WhiteBit exchange. It’s also printing the ending bearish wave 5 like the Bitcoin, Cardano and other crypto assets. This wave 5 also consists of 5 waves. Looking at the Fibonacci extension level 1.61 which has been touched “cent to cent” by the price I can conclude that the wave 3 has been finished yet.
After that we saw the corrective wave 4 which coincides with the same wave on the BTC . Now the market is forming the ending wave 5. It has two possible targets. the conservative one is $0.28 and the pessimistic one is $0.19 . The exact reversal point we will define where the price will break the current local low at $0.31 using the trading chaos approach by Bill Williams.
My friends, I wish you happy New Year, be healthy and wealthy. Turn on you “God mode” in trading and earn million of dollars and be happy.
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XRP formed a bullish Shark move | A good buy opportunityHi dear friends, hope you are well and welcome to the new trade setup of XRP with US Dollar pair.
Previously I shared a long-term trade setup for XRP, which is still in play as below:
Now on a 4-hr time frame, XRP has formed a bullish Shark pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
XRP looking like a snackhonestly, from nothing more than this perspective this doesnt look half bad. near the ideal accumulation area for a value purchase, significant upside to the POC alone which aligns nicely with equilibrium, let alone the premium range sitting above that. in terms of the recent change in character could signify a break in market structure. meaning this area could easily be seen as accumulation range that its been trading in for the past few months. potential this goes lower is there dont mistake, i wouldn't be surprised to se this sub .20 but at the same time its closer to the bottom than the top it seems. could be a real potential longer term value pickup here
XRPUSD - head and shoulders (75 % downside potential)XRPUSD similary to other altcoins has been in a brutal downtrend and it keeps looking bearish.
What we can see on the chart is a potential head and shoulders formation on the weekly timeframe.
MACD looks bearish as well. Decreasing bars of positive momentum and potential bearish cross may help bears to drag the price down
We believe that if we get some catalyst (for example: Ripple loses vs SEC) it would be a trigger for the price and we may see a huge dump.
Keep in mind that it's a weekly time frame therefore reaching the target from the head and shoulders pattern may take many months.
Good luck
XRP should start moving soon XRP the case deadline is set by 31st march 2023.
We might see accumulation and also possible a dip accumulation around 0.28 zone. XRP's accumulation zone I 0.22 to 0.32. XRP might be the only BULLISH coin in 2023 once the SEC ISSUE clears out. Ripple already opted to leave USA if SEC continues to create issues. BOFA intends to partner with RIPPLE So Ripple stands on. very solid ground.
XRP - Long Term Target > 500$ As you see in th chart, an increased waiting period means a more substantial new ATH level as on the 500$ levels. The only crucial point is the SEC decision on #XRP (RIPPLE). If it is positive, we can rapidly reach this target within two years. Otherwise, XRP can not predict short-term investors.
XRP seems ready to fly, All it needs is the news XRP is ready to fly, all it needs is a good news and court settlement of the ongoing case. The chart has been following all ideal of chart but denying to go up since looks like everyone;'s eyes are glued on the news. But a positive move by the fed can move BTC and also XRP.
XRP Might test local support XRP has a lot of resistance around the 0.3940 zone and will happen so until BTC moves more or there is some more good news. It might re-test local support and rebound. PS: Idea is valid if BTC remains long and positive unless we hear something positive with the SEC news.
XRP Broke the downward Channel XRP broke the downward channel and is attempting to form an upward movement. There is a resistance at 0.394 onwards and support at 0.37. 0.32 happens to be a very strong support so far and a good liquidity zone. IF BTC remains flat to positive and some news come as its already due. XRP can fly like nothing else you have ever seen.
INCOMING 0.394-5 then possible bounce back of the support.At the moment it's unclear what is happening at the market but by predicting local price movement we can briefly understand what can happen in future. At the moment I will be looking to hit 0.395 and then without a rush watch what the market will show us. I also have a belief that we can drop down more if we do it will be 0.35-34 levels. A lot of bad news in the world which could impact. Also, gotta watch what BTC does.