Xrpusdanalysis
BTC, XRP 🌤️ Will Bullish Momentum Prevail? 🤔Sunny weather with a few scattered clouds lies ahead for the global crypto market, including Bitcoin and Ripple, in the next 24 hours, according to ATTMO. 🌤️ This means that a slightly bullish market with upside potential is likely.
The crypto markets might move into positive territory as talks on raising the debt ceiling between the US President and the House of Representatives speaker resume and investors bet on a deal.
Over a one-week horizon, ATTMO expects cloudy weather for Bitcoin and Binance Coin, translating into a slightly bearish trend with downside risk. ☁️
Follow us to stay updated with more crypto weather insights and reports!🌩️⛅🌈
Can XRP retest this mid-range?Ripple oscillated within a short-term range of $0.4332 - $0.4869 between 20 April - 8 May. The mid-range stood at $0.4604.
Price action broke above the recent narrow price compression range, seen from 8 May, and faced rejection at the previous mid-range of $0.4604.
A pullback retest on $0.4413 could see XRP target the mid-range again.
Entry: $0.4423
Take-profit: $0.4604
Stop-loss: $0.4332 (below the previous range low)
RR: 2
Ripple's [XRP] price reversal highly likely at this supportPrice action hit the bullish order block (cyan) at $0.4495 - the support has proven steady since the second half of April. A pullback retest and confirmed uptrend could rally the pair toward the bearish order block (OB) at 0.4800.
A session close below $0.4385 will be an invalidation.
RSI hit the oversold zone while OBV dipped - confirming the current selling pressure.
Entry: $0.4495 (bullish OB)
Target: $0.4800 (near the bearish OB)
Stop-loss: $0.4385 (below bullish OB)
R:R - 2.9
XRP/USDT: Profitable Swing Trade PotentialThe current price level of XRP/USDT has caught my attention, and I believe it presents a conservative entry point for a swing trade that could be profitable.
Let's analyze the daily chart, where the RSI indicates oversold conditions and the MACD indicator is on the verge of a bullish crossover. But that's not all! Another significant development has unfolded: XRP has established a strong support level near the 0.618 Fibonacci Retracement. This measurement encompasses the price movement from March 13, where it reached a low of $0.34, to the high of $0.59 on March 29.
Despite my reservations and aversion towards XRP, I must acknowledge that the compelling factors cannot be ignored. The enticing buying signal that is emerging has the potential to result in a profitable and conservative swing trade.
XRP what will happen to Ripple?IT'S NOT FINANCIAL ADVICE
SO JUST READ AND THINK ABOUT IT. IS THIS REASONABLE OR NOT ?!!!
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Hi Guys
what's up?
I try to explain simply
it's a new day and I want to dedicate to you a new analysis of #XRP
as you see we have a parallel channel and the price reacts to this channel line whenever the price touches it.
so, we expect that the price touch the channel line in the RED circle.
That's all.
please SHARE this analysis with your friends and write below what you think.
Are you agree with me?
by the way, the next analysis is about GOLD
SO DON'T FORGET TO SHARE AND WRITE YOUR COMMENTS.
XRP ARMY💂♂️ XRP Accumulates, Rally Next?BINANCE:XRPUSDT
Hi Traders, Investors and Speculators of the Charts 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
As you all know by now, I'm a huge fan of XRP. The fundamentals are promising, and I've done a number of posts on these. However, today's analysis is a quick look at where we are in terms of the MAcro cycle on XRPUSDT. We take a look at trendline analysis, support zone and resistance zone, Fibonacci as well as the new CryptoCheck START V3.5 Indicator to give us an idea when we might expect to see a parabolic run on XRP.
The XRPUSD chart is self explanatory and in it's complexity, it's actually pretty simple : Buy LOW, sell HIGH. Don't be greedy, take profits.
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XRP 4hr Trade Plan XRP showed a double top and sold off due to it not being able to break back above. ( .54800 ). With the way it's looking, I will be selling down. I have several alerts to see if price will hold -( .44500, .42000, .413000 ). before reaching- (.37000 ) I have a long account that I will be adding entries on top of entries lol. At (.37000 ) price should bounce and head toward ( .81500 ). Now I see a couple sells coming 47100 & 49100. I will be watching to what price does so I put aa short set up so you have. an idea what im looking at if that happens. Once price shows what im looking for, im in for the sell. Its almost time to hit the All time high
A possible perspective of where we're atI know that no one wants to see a longer timeframe with Xrp.. but if we're going longer than expected, this is my long term (what I'm seeing) chart that could most definitely play out.
I was painstakingly looking at each section if this is a repeat of what we've already seen before the prior bullrun and this is what I've come up with.
Agree or not agree.. it's simply a different perspective for a longer timeframe.
If you think otherwise please leave a comment on what you think! Regards!
XRP to 1.3: Up or Down Next?Expectations:
After a big 5 impulse wave, a Zigzag Correction occurred, and a strong uptrend was expected to start, but a 3-3-5 Flat correction pattern has formed instead, indicating a potential WXY pattern.
The current 3-3-5 wave is too small to be an X wave, and it has not even reached the 23.6% retracement level, suggesting that we may be in a sub WXY wave that will create the parent X wave.
The current 3-3-5 wave is expected to end around 0.61 to 0.64, followed by a simple ABC correction that will take the price down to around 0.45 to 0.42.
After that, a Zigzag 5-3-5 correction is expected to complete the parent X wave between the 50-61.8% retracement level.
At this point, the chart must be reanalyzed to determine whether the uptrend will continue or if it will go down to complete the big WXY wave.
Note:
These scenarios are just some of the analysis scenarios and are not necessarily expected to happen.
Please check the monthly analyses and other scenarios for more information.
Ripple XRP price still in a growth trendIt would be nice if XRP buyers could keep the price above $0.44-0.45
Fulfilling this condition will be a good confirmation that buyers are strong and full of energy to push XRPUSDT price higher, at least to $0.75-0.78.
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XRP to continue its ascentA few weeks back, I bought XRP at 0.4 with a 0.55 target and after the target was reached I decided to wait and see.
With the price consolidating under the resistance but very stable above 0.5, I'm considering a new buy with 0.9 this time.
In conclusion, I'm looking to buy dips close to 0.51 in anticipation of a resistance break and acceleration to the upside.
A drop under 0.47 or so, would negate my bullish scenario
At least 10% growth of XRP by Inverse H&S Pattern🚀Since XRP is one of the cryptocurrencies that has the lowest correlation to Bitcoin, it has always been attractive to me as a trade. (correlation of XRP to BTC=0.54)
XRP was able to break the 🔴resistance zone($ 0.53-$ 0.521)🔴 with the Inverse Head and Shoulders pattern .
I expect XRP to move towards the next 🔴resistance zone($ 0.586-$ 0.5738)🔴 based on the double channel strategy after the pullback is completed.
XRP Analyze ( OKX:XRPUSDT ), 2-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.