XRP - BUY SETUP (FEB 2024)XRP - BUY SETUP (FEB 2024)
This token is in a prime buy zone, indicating the potential for an upward trend.
XRPUSDT
XRP is well on it's way to making gains that will shock people!XRP has been lagging behind the majority of the market for quite some time since the recent breakouts began market-wide, but this is, has, and will continue to be the case until it isn't. XRP has always had a knack for taking its time while other cryptos fly, then suddenly making up that ground in a matter of hours or days.
XRP is going to make gains over the next few years that will shock even those with the most ridiculous price predictions.
With everyone screaming "XRP is trash," "I sold all my XRP and I'm so happy about it," now is the time to be positioned for the inevitable rise to come. Remember, 90% of investors/traders lose money, so doing the opposite of the crowd will put you in the 10%.
Be the 10%!
Good luck, and always use a stop-loss!
XRP USDT - RİPPLE | 1H | TECHNICAL CHARTHello traders, BINANCE:XRPUSDT I have determined the formation target on the chart. I wish everyone success.
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
Wish you many pips
PS: Thank you very much that you support me with your likes and Comments
If you have another analysis at this pair, please share in comments, I will be glad to discuss with you.
XRP - Support is holding strong, Only way is UP BINANCE:XRPUSDT (1W CHART) Technical Analysis Update
XRP is currently trading at $0.6642 and showing overall bullish sentiment after holding the support strong for more than an year.
Price is respecting it's well established support zone and currently we can see price breaking out from the triangle pattern. This is a clear confirmation that xrp is finally showing some momentum after being at the same price for around 2 years.
We
Entry level: $ 0.6875
Stop Loss Level: $ 0.4831
TakeProfit 1: $ 0.7688
TakeProfit 2: $ 0.9304
TakeProfit 3: $ 1.099
TakeProfit 4: $ 1.499
TakeProfit 5: $ 1.900
Max Leverage: 2x or Spot market
Don't forget to keep stop loss.
Follow Our TradingView Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
Cheers
GreenCrypto
XRP: trade in dual support📊Analysis by AhmadArz:
Risk free in R/R-1
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
Ripple can correct to support area and then start to riseHello traders, I want share with you my opinion about Ripple. Observing the chart, we can see that the price a not long time ago started to rise in an upward channel, where it first made a fake breakout of 0.5825 level, which coincided with the buyer zone and then rebounded up to the resistance line of the channel. Then XRP rebounded from this line and made the correction, but soon it turned around and rose to the current support level, which coincided with the support area, after which the price turned around and made a strong downward impulse to 0.5385 points, thereby exiting from the upward channel. Also, price started to trades in a triangle, where it rebounded from support line and made impulse up higher than the 0.5825 level, after which XRP made correction to this level. Then price repeated the upward impulse, and at this moment it exited from the triangle and reached the current support level and soon broke it. After this, the price continued to move up, but recently it turned around and started to decline to support area, after which it bounced up, so now I think that Ripple can decline to support area again and then rebound up. Therefore I set my target at the 0.7360 level. Please share this idea with your friends and click Boost 🚀
Is this the beginning of the pump?I think yes. I can't exlude that XRP will touch again $0.65 before pumping again, but i think this is the right time finally. I have my first target at $0.8, and next $1 and $1.2
XRP Price Hits New 2024 PeakThe CRYPTOCAP:XRP cryptocurrency has once again captured the spotlight as its price soared to a new year-to-date high of $0.7440 on Monday, marking a significant milestone in its 2024 journey. However, this surge is not merely a result of market dynamics but is intricately tied to legal battles and technical indicators shaping the future trajectory of Ripple's native token.
Legal Turmoil and Market Impact:
The recent surge in XRP's price coincides with mounting anticipation surrounding key legal developments, notably the ongoing Securities and Exchange Commission (SEC) lawsuit against Ripple. Ripple ( CRYPTOCAP:XRP ), the payment giant behind CRYPTOCAP:XRP , faces allegations of conducting an unregistered securities offering. The looming deadline for the opening brief in this lawsuit has spurred speculation and heightened volatility in CRYPTOCAP:XRP 's price.
Coinbase's Intervention and Regulatory Uncertainties:
Coinbase, a leading cryptocurrency exchange, has thrown a wrench into the regulatory landscape by filing a motion against the SEC, highlighting the regulator's inconsistent stance on digital assets. This intervention underscores the broader regulatory uncertainties plaguing the cryptocurrency market, as stakeholders grapple with shifting regulatory frameworks and enforcement actions.
Technical Analysis and Market Sentiment:
Beyond legal intricacies, technical indicators provide further insights into XRP's price movements. The cryptocurrency's uptrend is reinforced by robust technical momentum, as evidenced by the Moving Average Convergence/Divergence (MACD) and Awesome Oscillator (AO) indicators. Positive momentum and bullish signals suggest continued upside potential for CRYPTOCAP:XRP , with the November 2023 high of $0.7500 emerging as a key target.
Challenges and Potential Corrections:
Despite its upward trajectory, CRYPTOCAP:XRP faces potential challenges, particularly in maintaining support levels amidst market volatility. Corrections to key Fibonacci retracement levels, notably at $0.6886 and $0.6452, pose a critical test for CRYPTOCAP:XRP 's bullish thesis. A failure to hold above these levels could signal a shift in market sentiment and trigger further downside pressure.
Conclusion:
CRYPTOCAP:XRP 's journey to new highs is a testament to its resilience amidst legal uncertainties and technical complexities. As legal battles unfold and regulatory landscapes evolve, XRP continues to navigate choppy waters with a blend of market speculation and technical prowess. Whether it sustains its upward momentum or succumbs to regulatory pressures remains to be seen, but one thing is certain: the fate of CRYPTOCAP:XRP is intertwined with the broader dynamics of the cryptocurrency market.
XRP MONTHLY BREAKING...It seems it is going to break the downtrend up.. I am expecting that the bullish trend just started.
XRP IS BULLISHBefore anything, pay attention to the time frame, the time frame is big and time consuming.
Ripple seems to be in a symmetrical pattern that is now about to start its upward F wave.
By keeping the green box, it can continue to pump in the coming days.
The targets are clear on the picture.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
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.
Xrp another try - LONGmy last Trade had a bad entry, in the end came through
let's get in another time
XRP to the moon ? or something around 2.2USDBased on the transformation of the weekly Moving Average Convergence Divergence (MACD) into a bullish pattern and a significant likelihood of a breakout from the triangle formation, it is plausible to anticipate a substantial surge in XRP's price in the coming weeks.
Technically speaking, the convergence of the MACD lines, specifically the crossover of the MACD line above the signal line on the weekly chart, signals a bullish momentum shift. This is often accompanied by increased buying pressure, suggesting a potential uptrend in the near future. Furthermore, the formation of a triangle pattern typically indicates a period of consolidation, with prices oscillating within a narrowing range. A breakout from this pattern, especially when coupled with bullish MACD signals, tends to lead to a significant price movement.
XRP, as a digital asset, offers several advantages within the cryptocurrency landscape. Firstly, its transaction speed is notably faster compared to traditional banking systems and even other cryptocurrencies like Bitcoin. This attribute makes it ideal for facilitating quick and efficient cross-border payments and remittances. Additionally, XRP operates on a decentralized ledger system, providing security and transparency in transactions while bypassing intermediaries, thereby reducing costs. Moreover, its scalability enables it to handle a high volume of transactions, making it suitable for widespread adoption in various sectors.
In the broader context of the cryptocurrency market, XRP serves as a crucial bridge currency, facilitating seamless transactions between different cryptocurrencies and fiat currencies. Its utility and practical applications contribute to its significance in the cryptocurrency space, positioning it as a viable solution for real-world financial challenges.
Considering these technical indicators and the inherent strengths of XRP, it wouldn't be surprising to witness a price surge, potentially pushing XRP to around the $2 mark in the upcoming weeks. However, as with any financial prediction, it's essential to exercise caution and conduct thorough research before making investment decisions.
XRP Price: Breaking Above Weekly Trend Line for Bullish MomentumCurrently, the price of the XRP has reached the descending trend line from higher timeframes, which is identified by the highs of April 2021 and July 2023. Additionally, this trend line serves as the upper boundary of a symmetrical triangle.
A similar symmetrical triangle pattern has also formed on timeframes from 1D and below, and the price of the asset has already managed to establish itself above it.
In the current conditions of a bullish trend, it is more likely for the asset to to break above this weekly/monthly trend line and exit this huge triangle to the upside. Potential targets could be the values at the top of the symmetrical triangle, ranging from $1.53 to $1.96.
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
Like | Share | Comment
Marubozu Candlestick With Volume Spike, Upside Potential +30%?Hi Realistic Traders, let's delve into the BINANCE:XRPUSDT technical analysis!
Exciting developments indeed unfold in the market! Price has surged above the EMA200 Line, signaling a robust bullish bias. Adding to this excitement, XRPUSDT has elegantly formed a bullish continuation pattern recognized as a falling wedge.
On Feb 27, 2024, the anticipation crescendoed as it gracefully broke free from this pattern by forming a bullish Marubozu candlestick, a move underscored not only by a notable spike in trading volume but also by a significant MACD bullish crossover. Such a surge in volume, coupled with a bullish MACD crossover, often signifies heightened market interest and participation, lending further credence to our analysis.
This correlation between the volume spike, MACD bullish crossover, and the breakout from the falling wedge pattern strengthens our conviction in the potential upward movement forecasted toward our designated target area.
It is essential to note that the analysis will no longer hold validity once the target/support area is reached.
Disclaimer:
"Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on XRPUSDT."
Please support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below!
Long XRPXRP has broken out and price now finds itself on the top side of our descending BLUE trend line as well as volume. With BTC bulls in full control, I am expecting more pumps in the altcoin space. XRP should be one of these.
XRPUSDT.1DBased on the provided market data, XRP is currently trading at $0.719 against USDT. The Relative Strength Index (RSI) for 4 hours, 1 day, and 7 days are 79.58, 79.16, and 66.86 respectively. These high RSI values suggest that XRP is currently in an overbought condition, which could be a signal of a potential price decrease in the short term.
The Moving Average Convergence Divergence (MACD) for 4 hours, 1 day, and 7 days are 0.0124, 0.012, and 0.019 respectively. The positive MACD indicates a bullish signal for XRP, suggesting that the buyers are in control.
The Bollinger Bands (BB) for 4 hours, 1 day, and 7 days are 0.71, 0.73, and 0.73 respectively, and the current price is slightly below the upper band. This could mean that the price is in a high range and could potentially revert.
In terms of support and resistance levels, the immediate support levels stand at $0.62, $0.57, and $0.54 for the 4-hour timeframe. For the 1-day timeframe, support is at $0.62, $0.53, and $0.49, and for the 7-day timeframe, it is at $0.58, $0.48, and $0.30. The resistance levels are $0.74, $0.83, and $0.94 for 4 hours; $0.75, $0.83, and $0.86 for 1 day; and $0.93, $1.060, and $1.43 for 7 days.
Based on these technical indicators, it seems that XRP is currently in a bullish trend but is overbought. Therefore, there might be a potential for a short-term price correction. However, the positive MACD suggests that the overall trend might continue to be bullish. Please note that this analysis is based on the current market data and does not consider other factors that could impact the price. It's always recommended to do your own research and consider multiple factors before making any investment decisions.
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.
XRP compression pumpall shown in the Chart
check out my other Charts too, leave a like if positive outcome
XRP/USDT - XRP: Trend Reversal◳◱ On the $XRP/ CRYPTOCAP:USDT chart, the Trend Reversal pattern suggests momentum building up for a significant move. Traders might observe resistance around 0.6715 | 0.7349 | 0.8648 and support near 0.5416 | 0.4751 | 0.3452. Entering trades at 0.6293 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: XRP
▣ Rank: 8
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc
▣ Category/Sector: Payments - Currencies
▣ Overview: XRP is a cryptocurrency aiming to increase the speed and reduce the cost of transferring money between financial institutions. Underpinning Ripple's xRapid product, an on-demand liquidity solution, XRP is used as a bridge currency for financial institutions exchanging value between multiple fiat currencies. XRP is the native token of the XRP Ledger, an open-source cryptographic ledger powered by a peer-to-peer network of nodes.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.6293 ₮
▣ 24HVol: 402,037,234.240 ₮
▣ 24H Chng: 1.32%
▣ 7-Days Chng: -2.96%
▣ 1-Month Chng: 20.12%
▣ 3-Months Chng: 1.74%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.6715 | 0.7349 | 0.8648
◢ Support: 0.5416 | 0.4751 | 0.3452
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 4.10
▣ Last 90D: -0.37
▣ Last 1-Y: 0.89
▣ Last 3-Y: 0.58
◲◰ Volatility :
▣ Last 30D: 0.56
▣ Last 90D: 0.51
▣ Last 1-Y: 0.94
▣ Last 3-Y: 1.06
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.53 - Bullish
▣ Reddit sentiment score is 0.83 - V. Bullish
▣ In-depth XRPUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
RIPPLE - Price can leave triangle and decline to $0.5900 levelHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
Recently price bounced from support level, which coincided with support area and made impulse up to $0.6055 points.
But at once price declined to support line, after which XRP made strong upward impulse to $0.6310 level.
Then price entered to resistance area, where it some time traded and then fell to support line, after which XRP bounced back.
Soon, price reached resistance line of triangle, and then price turned around and made strong downward impulse to support line.
Also, Ripple broke resistance level and later it rose to this level, but recently price bounced down.
In my mind, Ripple can bounce from support line to resistance level and then fall to $0.5900, exiting from triangle.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
