XRP signalBased on the chart provided for XRP/USD , here's an analysis of your trade setup:
Trade Analysis for XRP/USD:
- Entry Point (EN): 0.5399
- Stop Loss (SL): 0.5445
- Take Profit 1 (TP1): 0.5347
- Take Profit 2 (TP2): 0.5275
The chart illustrates a trading range where XRP is expected to move between support and resistance levels. The market shows signs of a possible rejection around 0.5445, suggesting an opportunity to enter a short position at 0.5399 with two potential profit targets, the first around 0.5347 and the second at 0.5275.
A stop-loss is set above the recent highs at 0.5445, ensuring risk management.
Xrpusdshort
XRPUSDT - Sell all my XRP at 0.56Looking at the 8-hour chart we can see that there is some upside potential on XRP towards 0.56 - 0.58 area's before we see another push downwards. Over all XRP is not looking to good on the 1-Month chart however on the 8-Hour chart, the RSI has reset and we should see some short term upside movement. I think we could see XRP below 0.50 over the next few weeks allowing for a good buy opportunity.
#XRP/USDT#XRP
The price is moving in a descending channel on the 1-hour frame and is holding it tightly and is about to break out to the upside
We have a bounce from the lower limit of the channel at 0.5220
We have a bearish trend for the RSI that is about to break out, which supports the upside
We have a trend to stabilize above the 100 moving average
Entry price 0.5300
First target 0.5555
Second target 0.5890
Third target 0.6290
XRPUSDT - Ripple not looking good on the 1 Week ChartLooking at the 1 week chart, XRP is not looking good compared to the rest of the market. XRP touch 0.63 at the start of October only to come crashing back down to 0.53 in the first week. Looking at the RSI , XRP is over extended and looking to come down the range over the next few weeks. We might just see XRP back at 0.28 before years end.
XRP/USDT Weekly Breakout – Potential 200% Upside!XRP/USDT is on the verge of breaking out from a long-term descending triangle pattern on the weekly timeframe. The price is currently hovering near the critical resistance zone. A confirmed breakout could set the stage for substantial bullish momentum.
Entry Strategy:
- Entry: Upon a clean breakout, close above the 0.6270 level, confirming the move beyond the descending resistance line, to accumulate $.55 to .62 is a good range!
Stop Loss (SL):
- Stop Loss: Set below the support level at 0.4820, in case the breakout fails and bearish momentum takes over.
Take Profit (TP) Targets:
- Target 1 (TP1): 0.9380 – A retest of the local high from April 2022. This target offers a 50% potential upside.
- Target 2 (TP2): 2.0059 – The major resistance level and key psychological zone. This gives a possible 200% gain from the breakout entry.
This is not financial advice, Always do your research.
Do show your support and hit that like button. If you have any questions/requests you can comment, and I'll read you. :)
Thank you
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XRP - High Timeframe Analysis - SHORT TRADE SETUPDISCLAIMER: This is not trade advice, this is for educational and entertainment purposes only. Trading involves real risk. Do your own due diligence.
Utilizing my 12 Month - 2 Week - 12 Hour Mult-Timeframe approach, I have identified XRP as a market that I would consider shorting IF price action satisfies my rules for entry.
The 2023 candle traded up into the 2022 high and failed to close beyond it. For this reason, I have a bearish bias down to the 2023 lows.
XRP intermediate timeframe (2 week) is currently delivering price bearishly, and is currently in a intermediate timeframe bearish orderblock, which is a point of interest for me to look for entries. For this reason, I am satisfied taking an entry on the 12 hour timeframe if we get one of the following entries: Bearish change-in-state-of-delivery (CISD), 18 Period MA Entry, 10h8c MAC w/ Acc/Dis confirmation. I note that if price trades up into some of the intermediate term swing highs that I would consider shorting there as well, in the event that price trades through the intermediate timeframe bearish orderblock.
Let me know if you have any questions about this multi-timeframe approach.
I hope you are all having a great week.
Good Luck & Good Trading.
XRP - SHORT to 45cBINANCE:XRPUSDT
It seems like we in the drop I predicted a few days ago (find here👇):
I really just watched the rotation between Bitcoin, Alts and Bitcoin dominance which gave me a good idea of where we are in the cycle compared to the previous years. See also👇:
Naturally, alts will fall harder than BTC and there will be a few shorting opportunities across the market right now.
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XRP Prediction: dump before heading towards 0.75-1$In this video, we dive into the current XRP price action and outline our strategy for the upcoming weeks.
We'll start by identifying the weekly high as our initial target, where we expect XRP to face resistance. Following this, we anticipate a dip into the imbalance zone, offering a potential entry point. From there, we’ll discuss our long position strategy, aiming for a price target between $0.75 and $1 by September.
Stay tuned as we break down the technical analysis and key levels to watch!
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: Sell stop 1. Key Zones (Support and Resistance)
- Resistance Zone: At the top of the chart, a zone around 0.6088 is marked as a strong resistance level. This level shows where the market previously attempted to break through but failed.
- Middle Zone: This area around 0.5796 acts as a key support and resistance level. It can be a critical zone for market decisions.
- Support Zone: At the bottom of the chart, a support level is marked around 0.5525, which may prevent the price from falling further.
2. Trade Entry Signal
- Red Zones (Supply Block): In this chart, a red area represents a short-term supply and resistance zone. Entering a short trade is reasonable if the price fails to break this zone and moves downward.
- Entry Point: 📉 The entry for the trade is suggested at 0.5917, which aligns with the supply and resistance block, making it a suitable point for initiating a short position.
- Stop Loss: 🚨 The stop loss is set at 0.5974, indicating that if the price reaches this level, the trade would be invalidated, and the trader should exit.
- TP1, TP2, TP3 (Target Prices):
- TP1 is set at 0.5844, which is the first target for taking profit from the short trade.
- TP2 is set at 0.5764, marking the second target.
- TP3 is set at 0.5680, which is the final target for closing the short position.
3. Confirmation or Invalidation of Analysis
- If the price moves upward and breaks the red resistance zone, reaching above 0.5974, the short trade setup would be invalidated, and traders should reconsider their strategy.
Conclusion:
Based on this chart, there is a clear signal for entering a short trade with an entry at 0.5917 📉 and a stop loss at 0.5974 🚨. If the price moves downward, the identified target prices (TP1, TP2, TP3) provide potential exit points for taking profits.
XRP (Crypto Ripple-USD) SELL TF H1 TP = 0.5496On the H1 chart the trend started on Aug. 08 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 0.5496
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
What's the red line? XRPIt's not a secret that i hold a discrete bag of XRP. And i am holding it at least till a new all time high (this year?). Now, i want to show you what the red line. I added a volume profile for the whole chart of XRP, since the beginning. As you can see, the red line is where the price was traded the most (to simplify) and has generated the highest volume. Price is back again on this level (around 0.39) and majority of trades are long. This is, matematically, a strong, strong level. I expect that if something will happen, it's from there. And a flash dump, it's exactly need to generate a massive, flash pump.
Support me with a like and share my ideas, thanks
XRP Price Likely to Fall Again: Understanding The Key DriversXRP's price has been falling continuously below the $0.480 level, similar to what happened with Bitcoin and Ethereum, dropping below $0.4650 down to $0.4620. The price formed a low at $0.4619 before it recently began to recover.
The price saw a noticeable upward movement above the $0.4700 and $0.4720 resistance levels, even surpassing the halfway mark of the Fibonacci retracement for the recent downward wave from $0.4885 to $0.4620. However, sellers are still active around the $0.4780 area, defending the 61.8% Fibonacci retracement level of the same downward wave. There are also significant downtrend lines forming with resistance at $0.4770 on the hourly chart for the XRP/USD pair.
Currently, XRP is trading below $0.4800 and also below the 100-hour simple moving average. From the upside, the price faces resistance near $0.4770, with the first major resistance near $0.4800.
If the price successfully surpasses the $0.4800 resistance, it may head towards the $0.4885 resistance. The next significant resistance is at $0.5050, and a close above this area could push the price higher. The following main resistance is at $0.5250, and any additional gains might direct the price towards $0.5500.
On the other hand, if XRP fails to overcome the $0.4800 resistance area, it could start recording more declines. The initial support on the downside is at $0.4685, and the next significant support is at $0.4620. If there is a downward break and close below $0.4620, the price might gain bearish momentum. In this case, the price could trade even below the $0.450 support in the near future.
Recommendation... Sell or Buy?
Based on the data and XRP price movements and current resistance and support levels, the market seems headed towards more short-term selling pressure for several reasons. One is that XRP faces solid resistance at $0.4800, and its repeated failure to exceed this level indicates weak upward momentum. Another reason is that XRP trading below the 100-hour moving average suggests a short-term downward trend.
Therefore, if XRP fails to break the resistance level and starts to decline, this might increase the selling pressure, making selling a reasonable option to reduce losses or avoid larger drops. However, it's beneficial to monitor the market for some time to see if XRP can break the resistance and confirm an upward trend before making a decision.
Remember, managing risks and setting acceptable loss limits is crucial in cryptocurrency trading due to its high volatility.
XRP About to See a Big IncreaseAmid the recent developments in the cryptocurrency market, hopes are rising for a bright future for the XRP. With prices increasing and growing interest in cryptocurrencies, it is important to consider the factors that could lead to a rise in XRP’s value and how investors can take advantage of this opportunity.
Since reaching its peak of $3.40 in 2017, XRP has experienced significant price fluctuations, ranging from $0.14 to $1.90. Over the past 6 years, XRP has been trading within a descending channel, with strong resistance at $1.90 and strong support at $0.14. This narrow channel indicates increasing pressures that could lead to a major price breakout.
I expect the price of XRP to rise and reach $3.40, representing a 608.33% increase. This potential increase may seems strange at first glance, but there is a logical basis for this expectation.
Looking at history, we find that a similar price cycle occurred between 2013 and 2017. During that period, the price of XRP experienced a significant rise after a long period of trading within narrow ranges. Based on this historical precedent, it is reasonable to expect a similar explosive move in the near future.
Relying on historical patterns does not necessarily mean repeating events exactly, but it gives us an idea of the potential possibilities in the market based on past price behaviors. Therefore, it is logical to expect a significant increase in XRP’s price if similar conditions to those seen in the previous price cycle are repeated.
In conclusion, XRP could represent an attractive investment opportunity for those who want to take advantage of potential upward trends in the cryptocurrency market. With positive expectations based on technical analysis, this could be a good time to consider enhancing investment positions in XRP.
Technical Analysis of XRP: Upside Potential and Downside RisksCurrent data indicates that the XRP price is struggling to start a steady rise above the $0.50 level. The price needs to settle above $0.50 and $0.510 to gain upward momentum in the near term. The XRP price has started a slight upward move from the $0.4765 area. It is now trading above $0.4850 and the 100-hour Simple Moving Average. There is a short-term rising channel forming with resistance at $0.500. Losses extended below $0.50 before buyers emerged, as the price tested the $0.4765 level and recently started a recovery wave.
The price faces obstacles near the $0.4980 and $0.50 levels. The main resistance coincides with the 61.8% Fibonacci retracement level of the recent decline from $0.5105 to $0.4765. If the resistance at $0.50 is surpassed, the price could move towards the $0.510 level. The next resistance is near $0.520. Closing above the $0.520 resistance zone might push the price to the $0.5320 level, and if this level is exceeded, there could be a steady rise towards the $0.550 resistance. Any further gains might drive the price towards the $0.5650 resistance.
If the price fails to overcome the resistance area at $0.50, it may start to decline again. The initial support on the downside is near the $0.490 level and the channel area. The next main support is at $0.4840. If there is a breakdown and a close below the $0.4840 level, the price may gain bearish momentum, in which case, it could trade below the recent low at $0.4765 in the near term.
We recommend closely monitoring the resistance levels at $0.50 and $0.510. If the price manages to surpass these levels, there might be a buying opportunity targeting the $0.520 and $0.5320 levels. On the other hand, if the resistance is not exceeded and the price fails to stay above critical support levels, it might be better to avoid buying until a clear rebound point is confirmed. It is also crucial to follow news and events that could affect the market in general and the XRP price in particular.
XRP Price Danger Zone: Key Support Levels to WatchRipple's (XRP) price has seen a significant decline after failing to maintain the critical support level at $0.4840. This drop led the currency to fall to the $0.4750 level, raising concerns among traders about the possibility of further losses in the near future.
XRP has faced strong selling pressure, causing it to trade below the $0.4880 level and the 100-hour Simple Moving Average (SMA). With continued bearish pressure, it has become essential to closely monitor key support levels such as $0.4740 and $0.470. If XRP manages to hold these levels, we might see attempts to regain some bullish momentum. However, breaking below these levels could indicate further declines towards the next support level at $0.450.
This article will focus on analyzing the current situation of XRP's price, highlighting the important support and resistance levels that traders need to monitor carefully to protect their capital and avoid potential risks.
Resistance Levels:
First resistance level: $0.4820
Second resistance level: $0.4850
Key resistance level: $0.4950
Next resistance levels: $0.5050 and $0.5250
Support Levels:
First support level: $0.4740
Second support level: $0.470
Next support level: $0.450
Current Trend:
The currency is currently trading below the $0.4880 level and the 100-hour SMA.
There is a downward trend line forming with resistance at $0.4880.
Buying at Support:
It is preferable to wait until the price reaches the key support levels ($0.4740 and $0.470) before making a buying decision, as these levels represent strong support points where the decline is expected to halt and the price might start to rise again.
Buying at these levels can provide an opportunity to acquire the currency at a low price, increasing the likelihood of achieving profits when the price rebounds upwards. This way, risks are minimized, and the chances of benefiting from future upward movements in the market are increased.
Taking Profits at Resistance:
In case of a price rise, the mentioned resistance levels ($0.4850 and $0.4950) can be identified as areas to take profits. Resistance levels are points on the chart where the price is expected to face difficulty in continuing to rise, and it might stop or decline due to a large number of sellers willing to sell at these levels.
Therefore, when the price reaches these levels ($0.4850 and $0.4950), traders can decide to take profits from the purchases made previously at the support levels. This helps secure their profits before the price declines again.
It is important to monitor price movements around the $0.5050 level, as this level is considered a key resistance. If the price exceeds this level and stabilizes above it, it might indicate strong buying momentum and continued upward movement. In this case, the price is expected to rise towards the next resistance level at $0.5250, providing an additional opportunity for greater profits.
Hence, monitoring price movements around these important levels can help traders make informed decisions regarding taking profits and managing their investments effectively.
Risk Management:
If the price breaks the $0.470 support level and closes below it, it might indicate further decline towards $0.450. In this case, stop-loss orders should be placed below the $0.470 support level to avoid further losses.
Caution and effective risk management are crucial to avoid significant losses in case of any sudden market fluctuations.
CAN WE FINALLY START IT? XRPThis week is very important for the Ripple legal case, and some millions are moving from Ripple. Can this be a sign of an agreement with the SEC? Last year, a positive new has pumped the price of XRP to $0.9. This time, also considering the actual Bitcoin price, i think that an end at the case can teleport the XRP price to a new ATH. Personally, i am increasing my long exposure, keeping a safe stoploss below 0.25. Risk to reward (0.25 SL, 3.5 TP) is again extremely good
EVERYTHING IS PUMPING, BUT NOT XRPThis is an old movie, every crypto is pumping but Ripple coin is still at the same price of years ago. I can honestly say that it's pretty frustrating (XRP is a part of my bags, but hopefully a little part) and i think it's worse for who has a big bag of XRP. It's a clear manipulation, some big players are keeping the price low for a reason. Probably we will see a mega pump as soon as the legal case will be over. I expect a new ATH this year, and i start taking profit there only. Looking at the chart, you can see that the price is ranging again above the main trendline. I expect an upside moves at least till the first resistance area i drawed
XRP going down till 0.3579 @ dailyRipple is a valuable cryptocurrency that its managers are eager to grow, attracting many investors and whales. I am very hopeful for its future, but in the fifteen-minute and thirty-minute time frames, two descending gaps will definitely be touched with the start of the price decline. Traders using leverage can profit from these two profit tickets. The first will be at 0.5277 and the second at 0.5153. Additionally, the nearest gap during the price decline, which must definitely be touched on the daily timeframe, will be at 0.3579. This will be the final stop for the price decline in Ripple, followed by a sharp upward movement in price.
XRP Gearing up the next movesAs always, Ripple coin is moving like a stable coin, but i am pretty sure this is happening for a reason, and i expect some moves as soon as the legal case will come to an end (could happen if few weeks). Looking at the chart, we can see that the price is gearing up the next moves, and XRP has break above the H4 trendline and it's going to claim $0.64 first and $0.74 next
XRP - 29c back on the cards for Cripple? 📉Hi Traders, Investors and Speculators of Charts📈
XRP has once again disappointed by being one of very few coins that did not rally during the recent BTC surge, which ultimately led to a new ATH. You would expect more from one of the altcoins-Titans, but unfortunately the fundamentals for XRP are looking terrible (at best).
The price has lost a long-standing trendline which acted as support, a bearish sign for the foreseeable future (until we can reclaim daily candles above):
XRPBTC is trading at all time lows (again) so if you ever did want to buy (for some reason), this would probably be a good time. The multiyear triangular consolidation keeps on heading lower and lower, each breakout failing into a further decline of value-loss against BTC:
The only thing I can really say about this... is that it is utmost disappointing. XRP has become a pool of liquidity to just drain and drain, dominated by sellers every time there is an upward trend in the market. The XRP market cap is getting smaller, and there isn't much growth happening on the ledger. XRP reserves help by executives is just a quick buck for Ripple to fund their slow-bleed company.
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