XRPUSD 7May2023the correction is deep enough for XRP, there are several areas that you can choose to buy with a relatively small risk. if these notations match, there is a high probability that a super bullish event will occur
Xrpusdlong
XRPUSD Expected PatternI expect a move upwards to form this W structure on XRPUSD, with the previous high being the middle of the W.
The bars pattern on chart shows my thinking.
XRP May 1 shortterm tradeHi Traders,
back with another signal. RSI in the lows and a retest higher could come soon enough.
Buy range from 0.4560 - 0.46
TP around 0.4770
SL 0.4530
good luck
W10-19 XRP SHORTTERM BULLISH IDEA (DOUBLE BOTTOM)Potential Bullish Entry Dow Theory In Place -
Higher High and Higher Low Expected in Place
Formation of DOUBLE bottom coupled with bullish divergence (Bullish reversal pattern)
SL & TP Levels are defined.
another very short term idea on XRPthis time long from 0,4660-0,4670
to TP 0,4850 at least
SL is 0,46
good luck
XRP has RETESTED biggest trend line on the chartXRP has been stuck under this top trend line since its high at 1.80 formed 2 years and 13 days ago. XRP has been chopping its way up through all the top trend lines you could draw, until it reached the TOP top trend line. This is the first time XRP has successfully broken out and retested every major trend line since this downtrend started. There has not been a single time in history where XRP did this, and did not proceed to make new highs soon after.
XRP / USDT LONG TRADE SETUPXRP / USDT LONG TRADE SETUP
Entry, Stop-Loss and Targets are shown in the chart
NOTE : This setup is made for educational purpose only. Investment in crypto currency and NFT's is subject to high market risk pls do your own research before investing.
XRP to break to the upside?XRP - 24h expiry - We look to Buy a break of 0.4841 (stop at 0.4681)
We are trading at oversold extremes.
Daily signals are mildly bullish.
Bullish divergence is expected to support prices.
A break of the recent high at 0.4830 should result in a further move higher.
We look for gains to be extended today.
Our profit targets will be 0.5241 and 0.5301
Resistance: 0.4620 / 0.4700 / 0.4830
Support: 0.4520 / 0.4400 / 0.4300
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very short term XRP ideaXRP can pump up to 0,4740 to revisit the Ichimoku Cloud
Entry here around 0,4450 - 0,4460
Stop is below 0,44
💡 XRPUSDT | The best scenario for climbingDon't miss the great BUY opportunity in XRPUSDT
Wait For The Trigger!
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
XRPUSDT 1H BUY SETUP, SWING TRADEBreakout from bullish pennant, may try to reach previous wick of 0.5472 and close above it.
XRP on way to 0,64-65XRP is probably on its way to 0.65 very soon, we will see if there is a retest, trade safe, there is always a risk of a reversal and that summer will come. Especially with Altcoins, there may be testing of lower positions or a double bottom. lots of places were never tested again. Take care and always SL
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
Could XRP get up to $800?????Sounds just like the 589.......CRAZY and unthinkable until it happens. I heard that HKEX:800 price prediction from zack rector in youtube.com www.youtube.com and I rushed to the charts to discredit such claim. For my surprise the HKEX:800 isnt out of the long term channel XRP has been since 2013. If XRP gets up there, it would be the third time to reach the top of the channel. IF you havent seen this www.visualcapitalist.com
You will then see the possibility of crypto numbers getting NUTS.
🔮🔥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
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.
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.
XRP USDT Bigger PictureXRP USDT Bigger Picture
RIPPLE vs SEC is going to be the game changer in coming weeks.
Charts tell massive growth in XRP but from the point i mentioned the buy from.
Always DYOR before investing
Trade Alert - XRP LongTraders,
After waiting patiently, we are back in a key support area. Could we fall below this? Yes. Of course. But at the moment, I am obviously betting on support holding. I will hold from my ,49 cents take back up to ,58 cents and higher.
Stew
area of 4th wave. Im of the opinion that only the first leg of potential wave 4 is in. This could be a micro inner wave 4 before xrp hits a larger one.
Wave 2 lasted for more than a month. Expecting simmilar for larger 4. Yet to see.
Anyway, demand zone is here. Waiting for a reaction and divergences for a cleaner entry
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.
