XRP looking bottomish, can pump in few daysXRP breaking on daily RSI around 30 area, holding the strong support zone and trying to move upside. Trying this first spot trade on XRP!
Grabbing some XRP in Spot
Entry: $0.5352
SL: Daily close below $0.4962 (7% away)
TP1: $0.6240 (15%)
TP2: $0.6836 (27%)
TP3: $0.9288 (75%)
Daily timeframe might take a few weeks to months to play out! Trying to catch bottom on XRP, if it fails here I'll look for another position later on but looks like it is bottomed already.
Xrpusdlong
XRP triangle breakoutXRP 1day breakout from the symetrical triangle could be the injection needed to start the next run If I were a betting man I would punt here that we could see a recovery to 1.20 over the next few weeks Longer term (Jan-Feb 2022) resistance at the 0.92 area will need to be negotiated on the way through with stacks of coal in the rsi to back this idea
XRP: Harmonic Structure in play in mid-term?Hi Traders!
In the long term the trend is still bearish especially on high time frames, but if we look at the intraday chart, from a technical point of view we do not exclude the formation of a bullish harmonic structure with potential Target 1 around 1.15 area and subsequently 1.40 area. Having said that, if we look at 8H chart, we see resistance area around 0.6983, but if the trend is bullish and our analysis is correct, after first touch and pullback, we expect an important breakout of it.
Trade with care
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Cryptolean Ripple XRP UpdateNow, XRP lacks the momentum, however, it will change soon.
Today, it again tested the key daily support at $0.593 and we saw a bullish rejection.
It has to move to above $0.65-$0.675, the key daily resistance zone, for bulls to take control and move price to the previous local high at $0.93.
A daily candle closure above $0.675 will result in a bullish rally towards $0.73 and, possibly, higher .
An inability to sustain the price action above $0.59 will result in price slowly declining towards $0.54.
IMPORTANT: XRP Satoshi Price is under pressure due to a bullish Bitcoin Dominance, while XRPUSD chart is consolidating in the narrow range. Once Satoshi price of XRP in the #XRPBTC chart finds a support that could happen at 810 Satoshi and reverses, XRP price will shoot up.
Intraday Chart
The sentiment for the #XRPUSDT 4-Hour chart is neutral
A bullish break-out of $0.628 will push #RippleXRP to the key intraday resistance zone of $0.69-$0.72, however on the way to this zone, #Ripple coin will have to deal with a resistance at $0.657.
A inability to break through $0.628 will result in another bearish dip to $0.602 or, lower, to $0.575 that could lead to a bullish rejection towards $0.69-$0.72 and higher.
The scam is exposed XRPMy chart is showing you the DOGE chart (orange line) and the XRP chart. The price pf XRP perfectly followed the DOGE price in past years, and as you can see on this 1hr timeframe, in the last 2 months moves was pretty the same. XRP started to decoupling by end of February, when every crypto started to pump hard. WHat does this means? I have no doubt this is a manipulation from Ripple labs to keep the price low. It's a big scam imho. Why keep the price low? Maybe it's time for WSB guys to do something...
Have you forgot this? XRP vs DOGESome people forgot that usually, XRP and DOGE are connected. DOGE pump first, and after few days, XRP start pumping. This chart shows the DOGE price (orange line) vs the XRP price. They made basically the same moves. According to this chart, XRP can skyrocket till 1.13 soon
** Possible XRP Breakout **XRP may finally be ready to run.
As likely profit taking in BTC ensues, money looks to be flowing into previously dormant projects like ADA and now XRP.
The 21 day EMA crossing above the 50 day EMA, which usually gives an approximate average pump of 45%.
Also our indicators are turning Green, showing a new uptrend may be starting, and XRP is breaking out of the wedge patter it's been forming for many months.
Near term upside target is $.075
What do you think?
Ripple (XRP) Enters Crucial Phase: Six-Year Bull PennantDeciphering Ripple (XRP): Navigating a 6-Year Bull Pennant Towards Potential Upsurge
In the realm of cryptocurrency, where price movements often resemble the ebbs and flows of the tide, Ripple (XRP) has emerged as a notable contender, navigating a six-year bull pennant formation that could herald significant price action in the near future. As the cryptocurrency community eagerly anticipates the resolution of this pattern, Ripple finds itself at a critical juncture, poised to overcome obstacles and potentially embark on a major bullish trajectory.
Unveiling Ripple: A Brief Overview
Ripple, launched in 2012, is more than just a digital currency; it's a blockchain-based payment protocol designed to facilitate fast, low-cost cross-border transactions. Unlike Bitcoin and Ethereum, which rely on proof-of-work consensus mechanisms, Ripple operates on a unique consensus algorithm known as the Ripple Protocol Consensus Algorithm (RPCA). This approach enables rapid transaction settlement, making Ripple an attractive option for financial institutions seeking to streamline their payment processes.
The Six-Year Bull Pennant: A Tale of Compression and Anticipation
For the past six years, Ripple's price has been compressing within a bull pennant formation—a pattern characterized by decreasing volatility and converging price action. This prolonged period of consolidation has fueled speculation and anticipation among traders and investors, with many eagerly awaiting a breakout that could signal the beginning of a major uptrend.
With the end of the pennant coinciding with the new year, there's a possibility that Ripple could experience a prolonged squeeze leading up to a significant move. The recent clearance of stage 1 resistance marks a promising development, suggesting that Ripple may be on the cusp of entering stage 2, where short-term breakouts and upward momentum become more prevalent.
Navigating Stage 2: Short-Term Breakouts and Price Momentum
As Ripple sets its sights on stage 2 of the bull pennant formation, traders are closely monitoring short-term resistance levels for signs of upward movement. The recent uptick in price suggests that Ripple may be gathering momentum, with the potential for further upside if key resistance levels are breached.
However, the journey towards stage 3—a critical milestone signaling a major bull run—remains fraught with obstacles and challenges. Chief among these is regulatory uncertainty, as Ripple continues to grapple with legal issues and regulatory scrutiny, particularly in the United States. The outcome of ongoing legal battles, including the Securities and Exchange Commission (SEC) lawsuit alleging that XRP is an unregistered security, could have significant implications for Ripple's future trajectory and market sentiment.
Conclusion: Navigating Uncertainty Towards Potential Upsurge
As Ripple navigates the complexities of the cryptocurrency landscape, traders and investors remain cautiously optimistic about its prospects. The convergence of technical indicators and market dynamics suggests that Ripple may be on the verge of a major breakout, with the potential for significant price appreciation in the coming months.
However, challenges remain, and the path forward is fraught with uncertainty. Regulatory hurdles, legal battles, and broader market conditions will all play a role in shaping Ripple's future trajectory.
In conclusion, Ripple's journey from compression within a six-year bull pennant to potential breakout is a testament to the resilience and innovation of the cryptocurrency space. As traders and investors eagerly await the resolution of this pattern, the eyes of the cryptocurrency community remain fixed on Ripple, with the hope that it will overcome obstacles and realize its full potential in the ever-evolving landscape of digital finance.
Yes, it pumps last but. . . XRPYou know, XRP is the last crypto that pumps and usually, it pumps when BTC is near the tops and want to drop. This time it will not be different, XRP will pump last and fast as always, with the only difference that this time i want (and you also) a new ATH and maybe, for the first time from the beginning of the legal case, it's possible. Actually it's approaching multi year trendline and it's trying to broke out from multi year resistance.
#XRP: Forming Symmetrical triangle pattern!🚨CRYPTOCAP:XRP BITSTAMP:XRPUSD BINANCE:XRPUSDT is currently forming a symmetrical triangle pattern in the daily time frame, which has a breadth of almost 100%. After the breakout, it is expected to move technically by 100%.
To enter this pattern, you should accumulate above the lower trendline.
It is important to have a stop loss in place to manage risk. If any daily candle closes below the lower trendline of the triangle, then you should exit the trade.
Remember to always be cautious and consider risk management strategies.
I will keep you updated. Stay tuned.
XRP 0.55 flipping to support, soon entering 60cent?XRP after weeks of trending down, finally took the first step for a new uptrend.
0.55 flippening as support is the first step in the next days.
Beautifull accumulation, breakout, retest and whats next?
0.61 and the descending macro trendline next resistances.
If xrp breaks this, its gonna move hard like the past 20 times when its broke the resistance.
XRP - 20.000% RallyHello Traders, welcome to today's analysis of XRP.
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Explanation of my video analysis:
After XRP has been trading in a triangle formation for over four years, we saw an expected breakout in 2017 followed by a rally of +25.000%. Exactly five years ago XRP then started forming a similar triangle (continuation) pattern and if we see a breakout towards the upside and a break above the resistance mentioned in the analysis, we could maybe see a similar rally.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.