Xrpusdidea
(XRPUSD) : Broken Daily Uptrend Hey guys, I hope you're all doing well. For XRP, the main thing that is obvious and can show the possibility of a fall in price is the weekly downtrend (attached on the chart). So it can show me the destination of the price for a much longer time. Another reason is the respect of the price in the resistance area (2 times, between 0.54 and 0.55 areas). In my opinion, the price will fall step by step until it reaches the 0.31 or 0.30 area.
May you all be PROFITABLE,
Ripple XRP vs. SECXRP From 13-07-2023 to 18-08-2023
Disclaimer:
This is for educational purpose only.
This is not a financial advice.
XRP The Fall of the RiseHello fellow traders!
In this analysis we will talk about the XRP
In short! very bad picture!!
still,
1. Cardano Founder Is Done with XRP (u.today)
2. XRP Supporter John Deaton Jumps into SEC v. LBRY Case
3. Ripple, SEC make final bids for a quick win in XRP lawsuit
4.
5..
..
...
and many more to be written!
while price falls Whales add more XRP amid rumors of lawsuit ending
interesting piece..
let's consider this scenario:
coin image is for sale
the price falls more
whales buy a big chunk then the value will rise
the whales sell at a profit and the price falls again and we are in the red... (the good scenario)
then let's wait a little longer and then buy
If you liked this idea or if you have your own opinion about it, write in the comments.
Thanks for reading!
XRP - Next move for xrp! #xrpcommunityXRP - completed its A,B,C correction.
looking for a Elliot wave too 0.65 - this would be the next resistance level's.
first looking to get back into the creek then would expect a breakout!
XRP being XRP, likely it pulls back then stalls with the long grueling lawsuit holding it back
* lawsuit due to come to an end any week - which makes this coin very unpredictable!
*markets are posed for a verdict this month or at least some progress in a bullish direction.
*also waiting on liquidity to transfer into the altcoin market. would expect that to come fully after BTC completes its rally.
XRPUSD Sell TF D1. TP = 0.3356 On the daily chart, the trend started on March 30 (linear regression channel).
There is a high probability of profit. A possible take profit level is 0.3356
But do not forget about SL = 0.5866
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelieveInTrading
Are you ready for the next leg of $XRP?Hi Guys!
Im baaaaaaaaaack!!!
Bearmarket is over! and I will start to make ideas again!
Anywayssssss!
Lets get back on XRP
Will make this short analysis
Based on the chart, XRP is currently is consolidating in this Huge Ascending Broadening wedge and currently lookslike bounce on the support of this wedge and aiming to get the second leg for this wedge tapping the Resistance pertaining to the upward arrow.
Goodluck
Trade responsibly!!!!!
retest of the 60c for xrp zone if we break out of this symmetrical triangle to the upside looking at the fibs, we should see a retest of the 58c to 60c zone as resistance and if we can flip to support, we should see a continuation of the upward trend into the 64c to 70c zone and a confirmation that the 5 month resistance zone has been flipped to the new support zone.
XRP's downtrend line is still present.XRP - 24h expiry - We look to Sell at 0.3898 (stop at 0.3968)
The primary trend remains bearish.
Trend line resistance is located at 0.3900.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
There is no clear indication that the downward move is coming to an end.
Our profit targets will be 0.3718 and 0.3688
Resistance: 0.3700 / 0.3750 / 0.3800
Support: 0.3600 / 0.3550 / 0.3501
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XRPUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Ripple - positive dynamics + news background. Accumulation for 130 days ended with a successful test of purchases, followed by an exit from the trading range on the rising volume of purchases.
This instrument has all the prerequisites to start trending upward, and the news background is supporting the positive dynamics: the SEC and Ripple Labs have filed motions for summary judgment on a possible violation of the Securities Act. Plaintiff and defendant explained that the judge had sufficient information to do so.
The company's lawyers pointed out that the Commission had run out of arguments in trying to prove that the XRP sales constituted an "investment contract." The SEC noted that it was able to confirm this.
If you like the idea, please like it. That's the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
XRPUSD is set to drop!!XRPUSD 4h has formed a strong down-trending market structure. After strong rejection from the neckline of monthly head & shoulder, it has broken down on the lower timeframe. Currently, the price on the 4h timeframe failed to create a higher high, instead has broken down. As the long-term trend is down, it is a high probability for the price to continue to drop.
Thank you for visiting the idea. Press the like button if you enjoy this content :)
Two pathway for XRP targeting 0.9$XRP / USDT
XRP made a surprise move like he always does
And broke-out a long term trendline resistance (dotted yellow trendline )
currently it is facing a strong horizontal resistance (violet color)
Two possible pathways for XRP now :
1- Direct breakout to 0.87$ - 0.9$
2- Pullback and continue the movement to 0.87$ - 0.9$
Where is XRP fans ? Do you agree ?
Share with me in comment section below ⬇️