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Xrpusdsignal

XRPUSDT ( BETWEEN RESISTANCE AND SUPPORT TRENDLINE ) ( 4H )XRPUSDT HELLO TRADERS Tendency the price trade below a resistance trendline , indicates the price is under bearish pressure TREND ANALYSIS : resistance trendline was strong not easy to breakout , the price trade below this line to reach a support level TURNING LEVEL : a black line around 0.46 , indicates if the price stabilizing below this level reach support level , if the breaking turning level reach a resistance level RESISTANCE LEVEL : there is a green line around 0.49 , indicates selling have already increase this level , so if the price breaking above turning level reach this level SUPPORT LEVEL : there is a red line below turning level around 0.43 , indicates buying have already increase this level , so if the price stabilizing below turning level reach this level PRICE MOVEMENT : as long as the price trade below turning level at 0.46 , reach a support level at 0.44 , then stable below this level reach a 0.43 , if the price breaking turning level reach a resistance level at o.48 , then stable above this level touch a 0.49 CORRECTIVE LEVEL : the price corrective turning level at 0.46 , before dropping TARGET LEVEL : RESISTANCE LEVEL : 0.47, 0.48 SUPPORT LEVEL : 0.44 , 0.43
Short
by ArinaKarayi
6
XRP Price Analysis: Support and Resistance LevelsXRP has recently experienced a significant decline, breaking below crucial support levels, notably $0.4240 and $0.4150. The price reached a low of $0.3826 before beginning a recovery wave. Despite this recovery, the price is still trading below the $0.4250 mark and the 100-hourly Simple Moving Average (SMA). Key Levels to Watch Support Levels: Immediate support at $0.3900 Major support at $0.3850 Potential further support at $0.3620 if the price continues to decline Resistance Levels: Immediate resistance at $0.4050 Significant resistance at $0.4150 (aligned with the 50% Fibonacci retracement level and a key bearish trend line) Additional resistance at $0.4220 Higher resistance at $0.4380 and $0.4450 Technical Indicators Trend Line: A key bearish trend line is forming with resistance at $0.4150 on the hourly chart. Fibonacci Retracement: The price faces resistance at the 50% Fib retracement level of the recent decline from $0.4467 to $0.3862. Analysis The XRP/USD pair is currently consolidating losses and may struggle to break above the $0.4150 resistance zone. The presence of a bearish trend line and the position of the 100-hourly SMA indicate a bearish sentiment in the market. The immediate recovery above $0.4050 may face strong resistance at $0.4150, beyond which $0.4220 acts as the next significant hurdle. If the price fails to breach these resistance levels, it might witness another downward movement. Breaking below $0.3850 could lead to further declines, potentially targeting the $0.3620 support level. Recommendation Given the current market conditions and technical indicators, the following recommendations are made: For Current Holders: Monitor the $0.4050 and $0.4150 resistance levels closely. Consider reducing positions if the price fails to break above these levels and shows signs of further weakness. Set stop-loss orders below the $0.3850 level to mitigate potential losses in case of a continued decline. For Potential Investors: Exercise caution and wait for a clear breakout above the $0.4150 resistance before considering new positions. A sustained move above this level could signal a potential recovery towards $0.4220 and higher. Alternatively, look for buying opportunities if the price approaches the $0.3620 support level, provided there are signs of stabilization and reversal from that point. For Short-Term Traders: Consider shorting positions if the price struggles to break above $0.4150 with a target around $0.3850 and a stop-loss just above the trend line resistance. Be prepared to switch to long positions if a clear breakout above $0.4150 occurs, targeting the $0.4220 and $0.4380 levels. Conclusion
BITSTAMP:XRPUSD
by bbitar
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.
BITSTAMP:XRPUSD
by bbitar
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.
BITSTAMP:XRPUSD
by bbitar
Xrp zone to open longPotential zone for XRP BINANCE:XRPUSDT Possible Targets and explanation idea ➡️Absolutely no make sense in this victory against SEC. What people waited over 5 years ➡️We swept one liquidity pool and road now open to another ss liquidity ➡️At that level also we can find out based on TP indicator buy line and fundamental price ➡️No money inflow now in XRP based on MP indicator ➡️block for potential long marked! target take profit line on D. Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"!
Long
by Crypto4light
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.
BITSTAMP:XRPUSD
by bbitar
XRP - 90% Probability trade!Hello Traders and Investors, today I will take a look at XRP. -------- Explanation of my video analysis: In 2017 XRP created a major triangle breakout and rallied more than +35.000% towards the upside. Since the beginning of 2018 XRP has once again been creating a triangle formation and is about to retest the lower support of the pattern which is perfectly lining up with a horizontal structure, creating a confluence of support at the $0.48 level. If we do get bullish confirmation, a bullish rejection is very likely to happen. -------- Keep your long term vision, Philip (BasicTrading)
BITSTAMP:XRPUSD
by basictradingtv
8
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
Long
by SaliJournal
Ripple XRP Intraday Trade Setup XRP pushed through $0.54 failed to sutain price action above it and now is having a bearish pullback. However, as long as it is trading above $0.5276, a re-test of $0.5549 is very likely. A bullish break-out of $0.54 will offer more upside towards $0.5549 and, possibly, higher to $0.5790. Another re-test of $0.5276 followed by a bullish rejection and a break-out of $0.54 will lead XRP price to $0.5549 and, possibly, higher to $0.5790. Find more details in signature!
Long
by Trade-Lean
XRP "NOT JUST A CONSPIRACY" PT 2Hello everyone, this is a more in-depth XRP chart from the previous one I uploaded on March 08 called " XRP NOT JUST A CONSPIRACY" Observations: -Monthly chart looks best so I am using the monthly chart as my guide. -Buy entry is whale accumulation. -Ever since May 2022 whales have been massively accumulating and XRP has been trading sideways which proves it. -Bit community and believers so when it decides to pump it will likely go up with strong force as this is a MONTHLY chart which makes it even stronger and better. - STOCHASTIC looks bottomed on the monthly (what comes down has to go up) -MACD looking like trend change and accumulation. GIDDY UP XRP ARMY. I am coming for you Bitboy.
Long
by CryptoGao1
7