*Updated XRP 30m Analysis 06/12 Analysis:
To start this analysis off lets make it clear, XRP WILL long term reach $1000+, I am extremely confident that the use case and real world utility outweigh how undervalued the currency right now.
Following on from yesterdays analysis.
We could be seeing some consolidation within this zone which I have marked.
Firstly taking a deeper look into internal structure, We can see that price appears to be creating HL and HH which indicate a iBOS and also potentially iCHoCH.
The confluences I'm looking for next would be a HL once again, followed by a HH. However taking into account the overall short term trend, we are bearish as this is just a correction for price and If it was to come down to the M30 Swing low or even better the Supply zone I've marked I will be looking to add more long positions at this level.
To consider:
INTERNAL Break of Structure
If price creates LL below M30 Low
If price creates HL internal structure
FOMO and Paper hands
Xrpusdidea
XRP sees outflows, bear trend prevails: analysisOn December 4, XRP exchange outflow was 980.65 million. As of now, it has decreased to 44.17 million, indicating a difference of 936.48 million. This metric tracks the number of tokens taken out of exchanges.
Considering XRP’s current price is around $2.33, the exchange outflow between yesterday and the time of writing is worth $2 billion. Given the stated conditions, if the outflow continues to fall, XRP’s price might do the same.
On the daily chart, XRP has flashed three consecutive red candlesticks, indicating selling pressure on the altcoin. A further look at the chart shows that the trading volume of the cryptocurrency has decreased.
In short, a ton of the volume confirms that there has been more selling than buying. Should this continue, then XRP’s price might continue to fall. If validated and XRP exchange outflow declines, the value might drop to $1.90.
In a highly bearish scenario, the altcoin could drop to $1.46. However, this trend might change if the exchange outflow increases again. In that case, the price could bounce to $2.90.
XRP Ripple Technical Analysis and Trade Idea👀 👉 While XRP has maintained a bullish trend, recent price action shows signs of consolidation within a sideways range. Historically, Ripple has often retraced significantly following strong rallies—could we be on the brink of another pullback? In this video, we delve into the trend, price action, market structure, and a potential trade setup. Disclaimer:* Trading carries significant risk, and market conditions can shift rapidly. This video is for educational purposes only and should not be considered financial advice. 📊✅
XRP at a Key Breakout Spot – What’s Next?Hey trading family, let’s keep this simple and actionable. XRP is at a critical level, and the next move could be a big one. Here’s what we’re looking at:
Scenario 1: If we break above $1.18, we could see XRP push to $1.40 and then $1.50 levels.
Scenario 2: If we break below $1.13, expect a correction down to the $0.90-$0.97 range.
This is a classic breakout or breakdown setup. What’s your plan if it goes up, or if it pulls back? Let’s stay prepared and trade what we see.
Like, comment, and share your thoughts below! Got questions or insights? Send me a DM – let’s talk about it.
Mindbloome Trading // Kris
Trade What You See.
XRP (Crypto Ripple-USD) BUY TF H4 TP = 0.61On the H4 chart the trend started on Oct.5 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 0.61
This level, which I have outlined above, is certainly not a “finish” level. But it is the level that has the “highest percentage of hits on target.”
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, WeBelievelnTrading
XRP Above 54 CENTS LONG/ BELOW 50 CENTS SHORT MUST WATCH Good morning traders
First time looking at XRP lets get into it. first and foremost it has hit my Daily projection going up, this could be a indication of further shorts to come but is it?
Currently we a bit more depth of our analysis we have found that if we break above 54cents it would make a good long position to the 73 cents range and above. However if we go below 50 cents be expected to drop to the 40 cent range and lower
Always look at both sides because as traders we follow the market in what it gives us not predict it based on what we see
If this video helped you boost, comment, follow, like share
MB Trader
Have a awesome day trading
$XRP Looking GreatCRYPTOCAP:XRP Looking 🔥🔥🔥🔥, previous 1D closed super bullish, currently on $0.5636-$0.5516 support area. Next key resistance at $0.6273. RSI on 4H and 1D looking good, good influence of #Bitcoin 's movement here, requires CRYPTOCAP:BTC to lead for uptrend. Struggling at $0.5843 as of now. Watch Given S/R
XRP (Crypto Ripple-USD) BUY TF H1 TP = 0.5473On the H1 chart the trend started on Sept. 7 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 0.5473
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, WeBelievelnTrading
XRP (Crypto Ripple-USD) SELL TF H1 TP = 0.5730 On the H1 chart the trend started on Aug. 20 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 0.5730
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, WeBelievelnTrading
XRP Investment Strategy: Capitalizing on a Bullish TrendXRP is currently experiencing a bullish trend, trading above $0.4720 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line with support at $0.4760, indicating a potential upside break if it can surpass the $0.4840 resistance zone.
If successful, the price may target the $0.4880 and $0.5050 resistance levels, with further potential to reach $0.5120 and beyond. However, if XRP fails to clear the $0.4840 resistance, it might decline towards the $0.4765 and $0.4740 support levels, potentially falling to $0.4640 if these supports fail.
Given the current bullish trend and potential for upside movement, consider the following investment strategy:
Entry Point: Buy XRP if it closes above the $0.4840 resistance level, indicating a potential breakout and continuation of the bullish trend.
Short-Term Targets: Aim for profit-taking at $0.4880 and $0.5050, with a possibility to extend to $0.5120 and $0.5250 if bullish momentum continues.
Stop-Loss: Place a stop-loss order below the $0.4740 support level to mitigate risk in case of a downside break.
Monitoring: Keep an eye on the $0.4840 resistance level. If XRP fails to break this level and shows signs of weakness, consider a more cautious approach or partial exit to protect your investment.
This strategy balances the potential for gains with risk management, ensuring you can capitalize on the bullish trend while minimizing losses in case of a reversal.
XRP Holders! FOLLOW ME~!hello, friends!
This is ESS team.
It's XRPUSDT chart in 5D.
If it keeps from the GREEN uptrend line's below, We're expect candles break through the RED long-term downtrend line.
If it succeeds in breaking through, It'll reach the TOP green uptrend line.
If it fails to break through the RED long-term downtrend line, It can go upside at an ORANGE uptrend line's bottom after accumulation once again.
#XRP/USDT#XRP
The pair has been moving in a falling wedge since September 2022
The price has always respected the lower and upper border of the wedge
Currently, the price has begun to rise to reach the upper border of the downtrend
Supported by the momentum of Moving Average 100
The selling follow is on the MACD
It is expected that the downtrend will be broken, heading towards upward targets
The price now is 0.6600
First target 0.7880
Second goal 1.2900
Third goal 1.7900
It has 350% of the current price
Support and resistance points must be taken into account as there are possible corrections during the rise
✅Thank you, for more ideas, hit 🚀 Like❤️ and 🌟Follow🌟!
XRP RIPPLE Technical Analysis & Trade IdeaXRP is showing a bearish bias on the daily and 4H timeframe. A break of market structure to the downside on the 4H chart with lower highs/lows reinforces this sentiment.
Intraday Opportunity: We are looking at the 61.8% retracement for a sell opportunity with SL placed above the previous highs, and targeting previous lows.
Disclaimer: Please note that this analysis is purely technical and not to be construed as financial advice. Always conduct your own thorough due diligence and implement sound risk management practices before executing any trades.
#XRP (Ripple) Technical Analysis and Trade IdeaXRP exhibits clear signs of bearish pressure on both weekly and daily timeframes. The formation of lower highs and lower lows signals underlying weakness. Price has now reached a key support level, raising the potential for a retracement and a short entry opportunity.
Potential Trade Setup:
- Entry: Consider a short position upon a retracement, targeting previous weekly and daily lows.
- Rationale: Price action suggests continued downward momentum in Ripple, and the current support level may prompt a temporary bounce before further declines.
Important Disclaimer: This analysis reflects my personal market interpretation and does not constitute financial advice. Always conduct your own independent research and thorough risk assessment before making any trading decisions.
XRP RIPPLE Trade IdeaRIPPLE (XRP) has experienced recent downward pressure, retracing to the 61.8 Fibonacci level, as indicated on the chart. If the Dollar Index (DXY) advances following its current retracement, XRP/USDT may target further downside levels, considering the typical inverse correlation between DXY and XRP. It is crucial to emphasize that this analysis is provided solely for educational purposes and should not be construed as financial advice.