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Xrpusdanalysis

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!
BITSTAMP:XRPUSD
by Immortalsouls
6
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.
by ahmadsaad83
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.
Long
by pejman_zwin
2
🔮🔥XRP - Critical Levels to Watch🔥🔮What's up traders!👋 In today's breakdown, we cover one of our favorite altcoins in XRP. Let's cut right to the chase and dive in... CHART KEY: Supply: 0.523-0.529 (red zone) Demand: 0.492-0.501 (green zone) Other key levels: 0.511-0.514 (grey zone) XRP has clearly slowed down since our last analysis on it and has been trading inside this channel between ~0.49 and ~0.53 this whole week. Our original plan of avoiding any substantial downside play is still valid since we have continued to hold demand around ~0.49 The true risk to reward remains on the upside still with demand at 0.492-0.501 holding up. We would need supply at 0.523-0.529 to be broken for a high conviction / big move. However, shorter term short plays are valid now that we have identified this channel and seen the strength of it - all we need to do is be cautious of shorting into demand and longing into supply until either of those levels are broken with conviction. We are currently trading in a key zone between 0.511-0.514. We need to be cautious of this zone if we're bullish and cautious of demand below if we're bearish. ✅ Bullish Case: you want to see price break past this 0.511-0.514 zone, pull back into it, show that it will hold this level and find strength here for a move past or into supply at 0.523-0.529 again. Or you want to see price pull back into demand at 0.492-0.501 again, support build up again for a move back past or into this ~0.511 zone. The big upside play would be to wait for supply at 0.523-0.529 to be broken and have it become new demand if it pulls back and finds support there for possibly a big move into the highs from a couple weeks ago. 🟥 Bearish Case: you want to see price reject this 0.511-0.514 zone, pull back into it, show that it will hold resistance here and find weakness for a move back into demand at 0.492-0.501 again. Or you want to see price approach supply at 0.523-0.529 again and reject for a downside move. The big downside play would be to wait for demand at 0.492-0.501 to be broken and have it become new supply on a pull back. So what do you think? Where is XRP headed? Boost and comment your thoughts below! We'll see you in the next one -The AlgoBuddy Team
by QuantVue
2
Will XRP outpace Bitcoin over the long run? There was an article where the Ripple CTO said that a critical driver of performance for XRP is based on the number of units in circulation and the price. To me, this does not make sense compared to Bitcoin. coinpedia.org/ripple/ripple-cto-unveils-key-drivers-for-boosting-xrp-price/ I feel XRP could outperform Bitcoin over the long run once Ripple settles with the SEC in their lawsuit. This is based upon the interest in XRP with institutional interest in it as Ripple was founded by a consortium of banks. I could be wrong, but I'm just looking for an opinion on this.
by bryandowningqln
XRP - Where are we headed?📈📉In today's big brain analysis, we'll be breaking down the infamous altcoin XRP. Let's dive right in... XRP seems to have slowed down at long-term supply levels kicking in around ~0.58 which is exactly what we want to see for a healthier continuation of this 2023 rally. The crypto market as a whole has shown a lot of resilience throughout last year so it would not be wise to enter any substantial downside plays in this market, at least until ES and NQ break major demand levels to show a potential new low coming. With that being said, we rejected the key supply at ~0.58 on 03/29/23 and are yet to retest that level. It is very possible that this supply level will hold up for a significant amount of time. However, the weakness in the last 10 days gives us a nice pullback for continuation to the upside off of this ~0.49 demand zone. Our main watch should be longing for the retest of supply at ~0.58 until demand at ~0.49 breaks. It is also important to note that volume during the last few days has been very low which explains why we haven't gotten a significant move during this period. Bullish Case: you want to see this ~0.49 hourly demand hold, volume to start building up here, and strength off this demand to retest hourly supply around ~0.58 Bearish Case: you want to see volume kick in on the downside and break hourly demand at ~0.49, show further weakness, and look for a retest of ~0.49 for further downside As always, NONE of this is financial advice. Trade, and invest at your own risk. This is for educational and entertainment purposes only, and we are in no way shape or form financial advisors. Eyes peeled out there team. See ya in the next one.
by QuantVue
8
XRP price surge between $7 and $30 per unitBased on the shown fractal and fibonacci sequences from a prior bull run, XRP could be worth $7 to $30 per unit depending on the price of Bitcoin during the surge and the height of the move. For example, if Bitcoin were to surge to 125,000 suddenly, and XRP surged to the full XRP/BTC ratio at 0.00025, then expect to see $30 price. I expect this to be a very low probability. However, I see a surge in the more near term with Bitcoin between 30k and 50k which puts the XRP price between $7 and $10. That being said, it is entirely plausible that the XRP/BTC ratio never rises past the .236 again, and thus stays in a range of $.0.50 and $3.00 for the foreseeable future.
Long
by Augurnaut
XRP: Priming for a move Here I will attempt to document a price action plan and trade setup focusing on XRPBTC pair. DAILY STRUCTURE - From my observations, price has come down to fill an imbalance, located at left of chart, signalling liquidity injecting into the market, usually i have noticed that XRP can wick into an area to test that area then go towards it which leaves no imbalance area. (See yellow markings) - It wicks first, then the liquidity injects to that level and perhaps breaking it, i suspect it is wiping orderbook clean by wicking, then it is easier to inject the liquidity for the desired result. XRP does move differently, but we can use the basic strategies in order to try and position ourselves utilising BTC to XRP trades. DAILY MOMENTUM - Trend perspective - Daily OVERWATCH printed a clean divergence before this pump equalling 37%, 1BTC = 1.37BTC. Nice. Aswell after this pump candle, the MFI came down and bounced while price bounced of the TM scalper levels which could have been a nice entry in itself equalling 19%. OVERWATCH has not reached its upper levels on the daily yet, will look to do 4hr analysis next, but looking at the daily, down at 0.000016 level at this point would be a bounce off the tm level is current optimal entry zone for daily. H4 STRUCTURE : Have zoomed out so one can really follow the structure here, please appreciate what i am sharing, no deletion or movement of key levels and structure to obscure what I am showing. You can follow from left to right the price movement pattern, zig zag. H4 MOMENTUM - Trend perspective - H4 OVERWATCH is topping out aswell as MFI (Bottom pane), we will need at least two good candles pushing above this BOS - H4 level for a valid breakout, and then, after that happens we will await the pullback for an entry. Until we get a rejection at this level, or a breakout, this is all i can say for now. Any comments welcomed. I will update the chart each day if Price action requires until we take an entry and we are only looking for LONG positions within this thread. EG: Switching BTC into XRP for increased BTC holdings.
Long
by TraderE9
Can Falling Wedge work on XRP❗️❓🧐XRP is completing microwave C of the main wave Y of the Double Three Correction structure(WXY). It seems that Double three correction is running on falling wedge pattern. I expect XRP goes up at least until the upper line of falling wedge pattern and then it will make a decision(probably XRP will touch 🔴resistance zone($0.4450-$0.4230)🔴 during next weeks). XRP Analyze ( XRPUSD), 12-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.
BITSTAMP:XRPUSDLong
by pejman_zwin
22