Bullish divergence detected in the XRP chart.XRP is exhibiting a very nice bullish divergence on the daily chart.
HODL!
XRPUSDT
XRP ANALYSIS🔆 #XRP Analysis : Channel Following
📊As we can see that #XRP is following ascending channel on 3d time frame. Currently the price is trading below its major resistance zone ($0.55). Price is moving upwards within a long-term rising channel, recently bounced off the lower support level. Expect a bullish move in few days.📈📈
🔖 Current Price: $0.5181
⏳️ Target Price: $0.9978
⁉️ What to do?
- Keep your eyes on the chart, observe trading volume and stay accustom to market moves.🚀💸
#XRP #Cryptocurrency #ChartPattern #DYOR
XRP is likely to rebound from the lower support of this patter!BINANCE:XRPUSDT BITSTAMP:XRPUSD CRYPTOCAP:XRP Update
XRP is currently trending within a rising channel that has been in place for over 600 days. Presently, it maintains a position above the lower support level of this channel. We anticipate a potential rebound from this lower support zone.
The area marked by the blue box represents the accumulation zone.
Resistance levels to watch include the 50-day moving average, the 0.513 level, and the 0.85 level.
To invalidate this pattern, XRP would need to break below the lower trend line of the channel.
Stay tuned for further updates as the situation develops.
A nice inverse head & shoulders pattern has formed in XRP.XRP is arguably the most hated crypto in the space right now, but it's forming a very nice inverse head & shoulders pattern on the hourly chart, and has just crossed the neck line. We could see a really nice rally right here if it holds above that neckline, if so, it may pull back to it, then bounce off it like a trampoline.
Other cryptos have been having nice rallies today, I think XRP might get it on a little of the action today.
Good luck, and always use a stop loss.
RIPPLE - Price can exit from penannt and fall to $0.4635 levelHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
A not long time ago price bounced from $0.5550 level to resistance line of downward pennant, after which it started to fall.
In a short time XRP declined to $0.5550 level and broke it, then price made retest and later fell to $0.5010 level.
After this price tried to rise and rose to resistance line of pennant, but it didn't fixed and soon fell to support area.
Then Ripple bounced from this area and rose to resistance line again, making fake breakout of $0.5010
Recently XRP bounced down from resistance line and at the moment price trades very close to support level.
In my mind, Ripple can reach resistance line again, and then bounce down to $0.4635, thereby exiting from pennant.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
XRPUSDT.1DBased on the provided market data, XRP is currently priced at $0.50, trading between the support level at $0.48 and the resistance level at $0.54 on a 4-hour chart. The Relative Strength Index (RSI) for 4 hours is 48.53, which suggests that the market is neither overbought nor oversold. The Moving Average Convergence Divergence (MACD) for 4 hours is -0.0018, indicating a bearish signal.
On the daily chart, XRP has a support level at $0.48 and a resistance level at $0.55. The RSI is 38.13, indicating that the asset is somewhat oversold, and could potentially be a buying opportunity. The MACD is -0.018, which is a bearish sign.
On the weekly chart, XRP has a support level at $0.46 and a resistance level at $0.60. The RSI is 42.20, indicating that the asset is neither overbought nor oversold. The MACD is 0.0011, suggesting a bullish signal.
In my opinion, XRP is currently in a slightly bearish trend in the short term but could potentially be a buying opportunity based on the daily RSI. However, the bearish MACD on the daily chart suggests that the downward trend may continue, so caution should be exercised. The weekly chart suggests a possible upward trend, but the asset is currently trading below the weekly Bollinger Band (BB) of $0.68, which is a bearish sign. Therefore, investors should watch the market closely for any changes in these indicators.
XRPUSDT # 007 ( BEARISH phase finished $$$ ) Hello dear traders.
Good days.
First of all thanks for your comment and support.
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On 4Hrs time frame , bearish Gann Square finished and it get support from daily Gann Square Fan line for upward move .
Expected to ripple retest rejected monthly Gann Square Fan line up to next reversal time zone .
Chart updated and plotted with help of Gann Square and Gann Box.
Good luck and safe trades .
Be friends with the trend?The XRP currency is in an upward trend in 4 hours and is now at the bottom of this trend.
🔼 Therefore, if we want to trade according to the trend, we must say that the possibility of growth for this currency is more.
‼️ The first resistance range for this currency will be the ceiling of the previous peak, which is 5% higher.
⚠️ On the other hand, the important ranges of support and resistance in the daily time have also been identified in this chart, which are 6% lower and 11% higher, respectively.
HelenP. I Ripple can break resistance level and continue move upHi folks today I'm prepared for you Ripple analytics. A not long time ago price some time traded near the support level, after which it rebounded and in a short time rose to the resistance level, which coincided with the resistance zone, but when Ripple reached this level, it made a correction below. After correction, XRP rebounded up to the trend line, breaking the 0.5325 level, and then started to decline inside the triangle, where the price soon broke the 0.5325 level one more time. Also soon, Ripple declined below support level, which coincided with the buyer zone to 0.4850 points, but at once turned around and made a strong impulse up to the 0.5075 level. XRP some time traded near this level and later rose to the trend line, but the price wasn't fixed and in a short time declined lower to 0.5075 level one more time. At the moment, the price continues to trades in a triangle inside the support zone near the resistance level. For this case, I expect that Ripple will soon break the resistance level, make a retest, and then continue to rise to the trend line. After this, the price can break this line, thereby exiting from the triangle, making a retest, and continuing to move up. That's why I set up two targets, the first target at the 0.5140 level, and the second - at the 0.5240 level. If you like my analytics you may support me with your like/comment ❤️
"Anticipation Builds as Massive 6-Year Bull Pennant Takes Shape"XRP Ripple: Chart Analysis and Market Overview
XRP Ripple, one of the prominent players in the cryptocurrency space, has recently captured the attention of traders and investors as it navigates a critical juncture in its price action. With the token currently holding a major make-or-break support level at 50 cents, coupled with the formation of a 6-year bull pattern compression, market participants are closely monitoring XRP's chart dynamics and assessing its potential for future price movements.
Understanding XRP Ripple
XRP Ripple is a digital asset and payment protocol created by Ripple Labs Inc., designed to facilitate fast and low-cost cross-border transactions. Unlike many other cryptocurrencies, XRP does not rely on blockchain mining for transaction validation. Instead, it utilizes a consensus mechanism known as the Ripple Protocol Consensus Algorithm (RPCA), which enables near-instantaneous settlement of transactions.
The Chart Dynamics
At present, XRP Ripple finds itself at a crucial juncture on the price chart, with the 50-cent level serving as a critical support zone. This level holds significant importance as it has historically acted as both support and resistance during previous price cycles. Additionally, the formation of a 6-year bull pattern compression indicates that XRP is undergoing a period of consolidation, with price action tightening within a narrowing range.
Bullish Outlook
Despite the uncertainty surrounding the cryptocurrency market, the overall sentiment towards XRP Ripple remains bullish. Several factors contribute to this optimistic outlook. Firstly, the token's utility as a cross-border payment solution continues to gain traction, with Ripple forging partnerships with financial institutions and banks worldwide. Additionally, the recent clarity in regulatory matters surrounding XRP has provided a boost of confidence to investors.
Potential Risks
However, it's crucial to acknowledge the potential risks associated with XRP Ripple's current price action. The looming threat of a breakdown below the critical 50-cent support level, especially if accompanied by significant volume, could trigger a cascade of selling pressure and potentially lead to a freefall in price. Moreover, regulatory uncertainties, particularly in the United States, continue to cast a shadow over XRP's long-term prospects.
Market Sentiment
Market sentiment towards XRP Ripple remains divided, reflecting the uncertainty and volatility inherent in the cryptocurrency market. While some investors remain cautiously optimistic about XRP's future potential, others adopt a more conservative approach, awaiting further clarity on regulatory and legal matters. Nevertheless, the overall consensus appears to lean towards a bullish bias, supported by positive developments within the Ripple ecosystem.
Conclusion
In conclusion, XRP Ripple stands at a critical juncture on the price chart, with the 50-cent support level serving as a key battleground for bulls and bears. The formation of a 6-year bull pattern compression adds further intrigue to XRP's price action, with the potential for a significant breakout in either direction. While the overall sentiment remains bullish, investors should remain vigilant and closely monitor developments in the cryptocurrency market, as regulatory factors and external events could influence XRP Ripple's trajectory in the near term.
XRP: FINALLY💥 RIPPLE Victory in SEC CaseHi Traders, Investors and Speculators of Charts📈📉
Congratulations to all the XRP HODLERS 🤩🥂
(quick recap) ...The SEC case against Ripple was a legal battle between the US Securities and Exchange Commission (SEC) and Ripple Labs, the company behind the XRP cryptocurrency. The SEC sued Ripple in December 2020, alleging that XRP is a security and that Ripple had violated securities laws by selling XRP without registering it with the SEC. Ripple Labs denied the SEC's allegations, arguing that XRP is not a security but a digital currency.
The case went to trial in February 2023, and on July 12, 2023, Judge Analisa Torres ruled in favor of Ripple Labs. Torres found that the SEC had failed to adequately prove that XRP is a security, and she dismissed the case.
The ruling is a major victory for Ripple Labs and the cryptocurrency industry as a whole. It could have far-reaching implications for the regulation of cryptocurrencies in the United States.
👉The SEC failed to prove that XRP is a security.
👉The ruling could have far-reaching implications for the regulation of cryptocurrencies in the United States.
👉The ruling is a major victory for Ripple Labs and the cryptocurrency industry as a whole.
This furthermore confirms my bias for the beginning of AltSeason 2023, check it out here:
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XRP may attempt to make a move to the .6239 level.XRP has of late been lagging behind many other popular cryptocurrencies, which has disheartened many long-term investors, causing them to abandon the XRP ship they've long treasured. I hold and am still adding to a long-term position that I will likely hold for many years to come, even though I am generally more of a day/swing trader than I am a long-term investor. But the charts do seem to now be showing the potential for a move to around the $0.6239 level.
XRP is one of those cryptos that likes to drag its feet until nobody is paying attention, then it makes a sudden, massive and unexpected move. Right now, with sentiment turning from positive obsession to sheer and utter frustration, in my opinion, could quickly turn into one of those times when XRP just kicks the doors off the charts and makes a large move very quickly!
Even though I'm bearish at this point overall, as a trader, I always keep my eyes open for potential profitable trades. Traders must be flexible and malleable to be successful, as trends tend to pop up out of nowhere and/or reverse on a dime. Not being willing to ditch an old idea, theory, or strategy and embrace change will keep you watching rather than participating.
Good luck, and always use a stop!
XRP WILL DROP 63% IN THE NEXT 45 TO 60 DAYS! Everyone is expecting the Bitcoin EFT to jolt crypto prices to the moon. This simply isn't going to happen. The mainstream media, and stock pundits have been extremely bullish about it, which is a sure sign that they are positioned, or positioning for the inevitable crash to come.
You can see the fractal pattern clearly in the charts, although exact ending price points, and turnaround dates of any massive drive are virtually impossible to calculate.
In my estimation, XRP will drop approximately 63% in the next 45 to 60 days.
Many look at this as a bad thing, but it is what it is. Align your trades and crypto purchases with the Market Maker's, and you will always be in the green. These moves are no accident, they are created by hedge funds like Black Rock, Vanguard and State Street to profit from. They have multi-billions of dollars at their disposal, and going against them is suicide!
I expect a small rally tonight or tomorrow as the last few straggler's position for what they think is going to be a breakout. They will most likely even throw a green breakout candle above the trend line to trigger the massive amount of buy orders in that area. Once triggered, the market will reverse and begin it's decent into red-candle-hell.
I'll be placing a short position today, and adding to it on any price gains heading into tomorrow.
Good luck!
XRPUSDT → A favorable prospect within the uptrendBINANCE:XRPUSDT is testing trend support after exiting the triangle. Traders' interest in Ripple continues to grow on the unstable fundamental background
On W1 we see a formed bottom, the bulls do not let the price to this area, continuing to cumulate the potential within the framework of gradually rising prices. An uptrend continues to form on the chart, but globally, Ripple is squeezed under strong trend resistance.
On D1, price is testing support and one of the key liquidity areas. There is a chance that price could still test 0.493 in a false breakout format before further upside, but even at current price positions, the market has good potential for further upside to 0.7325.
Support levels: 0.493, 0.420, trend support
Resistance levels: 0.585, 0.648, 0.7325
Since the price movement is limited by a number of reasons both fundamentally and technically by the range boundaries, it is highly likely that the XRP movement will continue from support to resistance
Regards R. Linda!
Do you believe the x2 growth of the Ripple XRP price ?The XRPUSDT trading pair is very specific, it moves as it wants and when it wants, regardless of the market trend.
The abnormally large issue of 100 billion coins, half of which are currently in circulation, makes XRP "clumsy".
But this does not prevent XRP from having a large caste of fans who believe that "soon" the price of XRPUSDT will reach $10, although they have believed in this since 2017 and may have been holding it since then ;)
Miracles rarely happen in the world, but perhaps the XRPUSDT price is again preparing for a rapid x2 growth to the $1 area ?)
What do you think? It was really good in the summer, can they do it again?
Ripple can decline a little more, after which back up to rangeHello traders, I want share with you my opinion about XRPUSDT. Observing the chart, we can see that the price some days ago price rebounded from the resistance line and started to decline near this line to the 0.5400 resistance level, which coincided with the seller zone. After the price fell to this level, it made a fake breakout of 0.5400 level, after which it turned around and in a short time rose to the resistance line. Then price bounced from this line and made a downward impulse to the support level, thereby breaking the resistance level one more time. Also, XRP started to trades in the range, where soon the price bounced from the 0.5020 support level, which coincided with the buyer zone and started to rise to the top part of the range. When Ripple reached the top part, which coincided with the resistance level, it at once rebounded and in a short time declined to the support level. But a not long time ago, the price bounced from this level and started to rise, but failed and soon declined lower than the support level. So, in my mind, Ripple can decline a little more, after which it turns around and back up to range. After this, the price will make retest and continue to rise. For this case, I set my target at the 0.5200 level. Please share this idea with your friends and click Boost 🚀
XRP/USDT ascending channel what next? 🚀XRP Analysis💎 Paradisers, it's time to focus on XRPUSDT, as it's currently presenting an interesting pattern with two potential outcomes.
💎 We've noticed #XRP adhering to an ascending channel trajectory. However, currently, there's a shift with the price breaking below the support at $0.5394 within the channel. This suggests that after a possible retest, we might see the price embark on a downward journey, potentially leading to further dips.
💎 On the flip side, should #ripple regain its momentum and continue its ascent, the next target could be pushing beyond the channel's upper resistance.
HelenP. I Ripple will little correct and then continue move upHi folks today I'm prepared for you Ripple analytics. If we look at the chart we can see how the price rebounded from the 0.5900 resistance level, which coincided with the resistance zone and started to rise. A few moments later XRP rose to 0.6590 points, and then turned around and fell to the trend line, after which made an impulse down, breaking the 0.5900 resistance level. Then price fell until to the support level, which coincided with the support zone, after which Riplle at once rebounded and tried to back up to the resistance zone. XRP did this, but soon it turned around and started to decline near the trend line, making a fake breakout of 0.5900 level. Later price declined to 0.5080 support level, breaking the trend line, but a not long time ago, it rebounded and rose higher than this line, breaking it again. Now, the price continued to move up and I think Ripple will make a small correction, after which the price turn around and continue to grow. Therefore I set my target at the 0.5650 level. If you like my analytics you may support me with your like/comment ❤️
XRP / USDT - Bullish SignsShow some strong signs:
1: Break 200 Moving average
2: RSI near 50 value
if price give us a second 200 MA break otherwise we wait at 0.5182 level
Target
1. 0.5515 level
#XRPIn a bearish structure in time h1 and h2, if the red box does not have the ability not to exit the bearish structure, you can enter a sell position with one or more confirmation candles up to the specified areas of the green boxes. But if the red box breaks upwards, it will be able to move to the resistance zone. Therefore, in the event of a zone break, you can enter the reverse position.
XRP is breaking out of the wedge pattern, but...XRP is making a nice move northward breaking out of the wedge pattern it is currently in, but how long it will last remains to be seen. The indicators seem to indicate it's going to run out of steam in no time. Is it a bull-trap? We're about to find out!
