XRP → Quick Dip Before The Rip!? Let's Maximize Your Profits.Ripple is currently in a slight bull channel inching its way back up to the $0.64 resistance level. Will XRP break it here or fall down to the $0.58 range before breaking through?
How do we trade this? 🤔
XRP is in a bull channel, which means our bias should be long until the pattern is broken. We should be seeking a strong bull signal and confirmation bar toward the bottom of the channel, somewhere in the $0.60 range. Set a protective stop around $0.58 and a take profit at 1:2 Risk/Reward, a reasonable setup for a chart like this.
Do not be premature about entering the market, wait for the bars to close and enter when the confirmation is in to maximize probability.
💡 Trade Idea 💡
Long Entry: $0.60
🟥 Stop Loss: $0.58
✅ Take Profit #1: $0.68
⚖️ Risk/Reward Ratio: 1:2
🔑 Key Takeaways 🔑
1. Bull Channel, Bias to Long!
2. Wait for the price to bounce at Channel Support.
3. If Price Breaks Resistance, Wait for Test of Support.
4. RSI at 53.00 at Moving Average, Indecision.
5. Target 1:2 Risk/Reward at bottom of Channel.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
Like 👍 and comment if you found this analysis useful!
XRPUSDT
XRP, lets ride the bullish wave ^_^Hi, welcome back.
My update analysis today at ripple.
I love to analyze this crypto, because i have a good support analysis at XRP , even better than my BTC or ETH analysis.
so, lets ride the bullish wave at #XRP
This is 1 hour chart, and i will update this chart in every key level that I found,
make sure you support this analysis to get a quick notification in every update.
You can see that we have symmetrical triangle here, and #xrp approaching resistance line.
If we have a breakout, full body candle should above resistance to make sure its not a false breakout.
and if we have that, we can set our bullish target at symmetrical triangle projection with 4% profit projection.
Happy trading,
may profit be with you.
XRPUSDT - The underrated coinDon't miss out on XRPUSDT. Massive push incoming, and definitely a coin to hold for long.
XRP's use cases are in the works across 12 major banks in 12 super power countries.
As the backbone infra for digital payments, the natural disruption are the likes of WISE and Revolut.
Its a long term hold for me for XRP. Before it hits $1 and all hell breaks lose (and if you believe my optimism), get it while its cheap!
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The key is whether it can rise above 0.6810-0.7046Hello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
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(XRPUSDT chart)
(1M charts)
If the price maintains by rising above 0.6810, it is expected to lead to a move to rise above 0.9413.
(1W chart)
Accordingly, if it rises above 0.7046, it is expected to show a rapid upward trend.
The key is whether this upward trend can rise to the 0.9470-1.2455 range.
(1D chart)
The price appears to be maintaining in the box range of 0.5967-0.7500.
Accordingly, the key is whether it can rise above 0.6500-0.6810.
If the price rises above 0.6383 and holds, I think there is a high possibility that an uptrend will begin.
The next period of volatility is around December 22nd.
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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The dreaded 4 o'clock candle of death! Market manipulation!As we all know, there's a group of people that will never be held accountable, that regulators will never bother, for whom 'ethical standards' do not exist, that constantly, and consistently manipulate the price of XRP to the downside while the vast majority of traders are tucked in bed asleep, clueless and oblivious, why their stop-losses are taken out, and in most cases long positions are being completely liquidated, and the majority of their hare-earned profits are stolen from them by large accounts.
It's called 'the dreaded 4 o'clock candle of death' for those of you aren't aware.
Even though every transaction is clearly registered on the blockchain for the world to see. Even though we can all see the accounts responsible. Even though it's clear manipulation, and clearly illegal.. NOTHING WILL EVER BE DONE ABOUT IT!
Pack your bags, accept your losses and move on because money isn't the name of the game - 'control' is!
P.S. Never leave your position open overnight if you're trading with leverage, because 'THEY' will come for your profits, and nothing will ever stop it, it will never change, it's just how the game is played - more for 'THEM' and less for everybody else.
Welcome to the unregulated wild-wild-west of trading.
HelenP. I Ripple can make small movement up and then bounce downHi folks today I'm prepared for you Ripple analytics. Some time ago price declined to the 0.6700 resistance level, which coincided with the resistance zone, and in a short time broke it. After this, the price some time traded near this level and then continued to decline to the 0.6000 support level, which coincided with the support zone. As well, Ripple entered to consolidation, where it first tried to rise, but failed and declined until to support zone. Later XRP rose higher than the 0.6000 level, but soon price fell back to the support zone and even lower. After this movement, Ripple rebounded back to consolidation, made a correction to the support zone, and continued to trades in this range. A few time later price rebounded from this zone and rose to 0.6400 points, but recently it a little fell. For this reason, I expect that Ripple can make a small movement up and then rebound down to the support zone. That's why I set my target at the 0.5900 level, which is located in this zone. If you like my analytics you may support me with your like/comment ❤️
XRP price fractalsWe've seen the 3 stage breakout pattern twice in XRP on the weekly chart.
The first level gained magnitude from the 1st level breakout to the 2nd level. Assuming that the next XRP breakout from the 2nd to the 3rd level is at a minimum equal, here are the projected price patterns you can expect.
Keep in mind that if the fractal pattern continues, then the accent to the 3rd level will gain magnitude over the 2nd and will be larger than the estimate below.
First wave - $5.28
Second wave - $29.13
Third wave - $289.8
Ripple can exit of range and then continue to grow to 0.6750Hello traders, I want share with you my opinion about Ripple. Observing the chart, we can see that the price started to decline in a downward channel, where it first reached the resistance line and then in a short time declined to the 0.6750 resistance level, which coincided with the seller zone. then price broke this level, made a retest, and declined until to buyer zone, breaking the 0.6000 support level. But soon, Ripple rose back and even exited from the channel. Also then, Ripple started to trades in a range, in which it tried to rise higher, but failed and declined back to the support level, which coincided with the buyer zone. Then XRP some time traded near this level and bounced up. Now, I think that Ripple can continue to move up to the top part of the range and try to exit from it. After the price exit from the range, it makes a retest and continues to move up to the 0.6750 resistance level, where is located my target. Please share this idea with your friends and click Boost 🚀
XRP/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this XRP/USDT update from Crypto Sanders.
Chart Analysis:- XRP is still in a downtrend, but the price found good support at 57 cents. Bearish momentum decreased in the past few days and the price only fell by 2% compared to last week.
If buyers return, then this correction may be coming to an end. However, any renewed rally will have to face the resistance at 68 cents.
this cryptocurrency is well-positioned to resume its uptrend in December if the overall market remains bullish.
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.
XRP ☁️ 24 Hours; Short-Term Bearishness? A bullish sun will shine over the largest crypto tokens, Bitcoin and Ether, in the next 24 hours and over a longer one-week horizon. 🌞 However, altcoins like Ripple’s XRP, Cardano, Avalanche, Polkadot, and Chainlink won’t profit from this positive trend and face bearish ☁️ trading conditions.
Binance Coin and Cardano will face bearish clouds ☁️ in the next 24 hours, but then profit from a bullish sun over a longer time horizon, ATTMO shows. 🌞
Follow us for more crypto weather reports!
XRPUSDT Loading Up to retest previous highTA on the daily and 4 hour timeframe shows a double confluence for XRP to go up.
1. XRP is bouncing within Daily Fibs zone
2. Bullish Pennant form
On Fundamentals, there are some relatively positive news about XRP despite its ongoing battle with the SEC
I have placed a positions on the Fib zone, and another limit buy entry on the lowest support zone area seen on the 2nd green line.
WDYT!
Long XRP here to 73 CentsI really like XRP at this level. The 58 cent level proved it is legit support and XRP now looks to have formed a bull flag which it is at this moment attempting to break out of. All moving averages are on the underside of us assisting the 58 cent level in supporting price. Additionally, we have touched that RED line (see RSI) yet again and everytime we do so a decent pump has followed. I'm long to 73 cents with my SL at 53 and a RRR of 1.5. My stops are rather loose. Others may tighten that up to increase the RRR pending risk tolerance.
None of this is fin advice.
Best,
Stewdamus
RIPPLE - Price can bounce up from support level to $0.6540Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
Recently price started trading inside falling channel, where it soon broke $0.6860 level, which coincided with resistance area.
After this, price declined to support line of channel and then tried to rise, but reached resistance line and then fell lower.
Ripple declined until to support level, which coincided with support area, and even soon declined to this area.
But later price bounced and rose higher than support area and later it exited from channel and tried to rise.
But Ripple failed and now trades near $0.6000 level, and I think price can bounce from this level to $0.6540
If this post is useful to you, you can support me with like/boost and advice in comments❤️
💎 $XRP : The Price will Pump again ? (READ THE CAPTION)By checking the Ripple chart in the daily time frame, we can see that the price is trading in the range of 0.6045 and if the price can stabilize above the level of 0.5730 in the next week, we can still expect growth from this cryptocurrency, otherwise Considering that Ripple is below a supply range, selling pressure may increase and soon we will see targets below 0.5730! This chart will be updated!
Please share your opinion about the possible trend of this chart with me and support us with your likes and comments.
Best Regards , Arman Shaban
Bearish ☁️ Hover Over XRP 1D/1W Horizon; Downtrend? Mixed trading conditions hover over the global crypto market 🌐 in the next 24 hours, with a bullish sun ☀️ shining over Bitcoin and Dogecoin. However, bearish clouds ☁️ will exert pressure on the rest, including Ether, Ripple’s XRP, and Binance Coin.
Over a one-week horizon, the sun is forecasted to break through 🌥️, casting rays of positivity on Ether, Litecoin, and Binance Coin. Bitcoins are expected to bask in this upside trend ☀️, according to ATTMO. Nevertheless, bearish clouds are predicted to persist over XRP, Avalanche, and Polkadot. ☁️
Follow us for more crypto weather reports!
HelenP. I Ripple can decline a little more and then start riseHi folks today I'm prepared for you Ripple analytics. If we look at the chart, we can see how the price rebounded from the support area some days ago and made a strong impulse up to the trend line, thereby breaking 0.5900 and 0.6700 levels. But then Ripple started to decline and in a short time fell below the 0.6700 level, which coincided with the resistance zone. Price some time trades close to this level and tries to back up, but fails and declined lower to the support level. Next, Ripple rebounded from this level and rose to the trend line, after which it at once rebounded and fell to the support zone. Then the price made impulse up higher than this level and even soon broke the trend line. After this, Ripple made a retest and a little rose higher, but recently it started to decline. Now, I expect that the price can continue to decline to the support level and after Ripple reaches this level, it rebound and start to move up. That's why I set up my target at the 0.6400 level. If you like my analytics you may support me with your like/comment ❤️
XRPUSD double fibonacci patternCRYPTOCAP:XRP perform a nice bullish wave at previous analysis and still follow fibonacci rules.
We have 2 setup here :
Setup 1 :
ABCD pattern with entry at $0.6021
Stoploss at $0.5616
Target at $0.8333
Risk reward ratio : 6.78
Setup 2 :
Harmonic pattern with entry at $0.6021
Stoploss at $0.5661
and target at $0.7177
Risk reward ratio : 3.44
Good luck
The cup and handle formation XRPUSDTHow Did the Cup and Handle Pattern Form?
The cup and handle formation appears when there has been an upward movement pattern. This is a bullish upward continued pattern.
The trend is confirmed as cup and handle formation only when the stock price surpasses the resistance level and shows an upward movement. Only then can a trader get a confirmation that the higher price stock movement is going to sustain.
When a stock begins to move upwards and shows a bullish pattern, traders continue to invest in the stock’s growth and positive trend. As the stock breaches high levels, investors who came in at the beginning of the uptrend start booking profits. At this level, the upward trend halts, and the price falls with selling pressure. At this stage, the cup formation curves downwards in a bowl shape. As traders and investors continue to book profits, the cup moves lower, indicating a temporary downward cup.
At these levels, savvy investors, traders, and institutions begin to pump funds into the stock at attractive levels due to the fundamentals of the stock or value buying. At these low price levels, buying comes in, and with buying pressure, the cup curvature starts moving up to reach the resistance line. At this stage, an entire curved bowl-shaped cup is seen.
The handle emerging here is interesting to note and indicates human psychology. The trader who had invested at the peak of the resistance line before the stock dipped is eager to take his capital back as the stock moves up. Moment stock touches the resistance level, and this trader sells. Also, the traders who started buying at the bottom of the cup look at the resistance point as a safety level to book profits. There is selling pressure at resistance levels, and the upward cup shape is halted.
The volume of stocks also identifies the cup and handle at the beginning of formation at the end of the cup curve. The volume of shares is low at the end of cup formation as the selling is not heavy here. The investors who bought at the previous resistance level their capital and sell. Short-term traders without a fundamental view sell at the seeming peak of the stock.
The institutions and experienced investors hold on to the stock bout at cup bottom. The selling volumes are low and don’t push the stock price down. The buying also continues, and if large volumes of buying hold, the stock breaks the resistance level, and upward trends emerge, making a handle pattern.
Exciting Opportunity: XRP's Recent Falling Wedge Signals a BulliI wanted to reach out and share some fantastic news about XRP, as it has recently formed a falling wedge pattern that indicates a potential bullish breakout in the near future. This is definitely a moment to pay attention to!
For those who may not be familiar with technical analysis, a falling wedge is a bullish chart pattern characterized by converging trendlines that slope downwards. It typically represents a period of consolidation before a significant upward move. And guess what? XRP has been forming a beautiful falling wedge pattern, setting the stage for a potential breakout to the upside!
Now, I understand that investing involves risks, but the current market conditions and XRP's technical setup make it an incredibly enticing opportunity for those looking to go long on XRP. The falling wedge pattern suggests that the price of XRP is likely to experience a strong upward movement, possibly leading to substantial gains for investors who position themselves accordingly.
So, why should you consider going long on XRP? Here are a few compelling reasons:
1. Technical Indicators: Traders and analysts widely recognize The falling wedge pattern as a bullish signal. It serves as a strong indication that XRP's price is likely to reverse its downward trend and embark on a significant upward trajectory.
2. Ripple's Expanding Ecosystem: XRP's underlying technology, RippleNet, continues to gain traction and adoption across the globe. Ripple's partnerships with major financial institutions and banks indicate a growing demand for XRP as a bridge currency for cross-border transactions.
3. Market Sentiment: With the overall market sentimenat turning increasingly positive, XRP stands to benefit from the broader cryptocurrency market's recovery. As investor confidence grows, XRP's potential for substantial gains becomes even more promising.
Now, I don't want you to miss this exciting opportunity! It's time to take action and consider going long on XRP. Investing always carries risks, so it's crucial to do your own research and seek professional advice if needed. However, with XRP's falling wedge pattern and the positive factors mentioned above, the potential rewards could be well worth it!
XRP Price TargetIf you haven`t bought the dip on XRP here:
Then you need to know that Binance, along with its CEO 'CZ,' has confessed to federal charges and committed to settling fines amounting to $4.3 billion.
The crypto exchange “admits it engaged in anti-money laundering, unlicensed money transmitting and sanctions violations"!
The question arises: from where will these substantial funds be derived?
One possible source is Binance's Proof-Of-Reserves, which reportedly exceeds 100%.
Among the tokens impacted is XRP.
I've set a short-term price target for XRP at $0.53.
Looking forward to read your opinion about it!