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XRPUSDT

XRP - Top Gainer, HEAVILY OverboughtHi Traders, Investors and Speculators of Charts📈📉 As promised, a short term update on XRP. It's important to remember, the price action we're seeing on most altcoins right now is due to rotations between BTC and alts. More info on this topic here: XRP is notorious for making untimely, parabolic increases and falling just as hard shortly after. XRP can trade with an extremely overbought RSI for days and usually defies natural technical indicator logic (such as a pullback after hitting 100 on RSI), therefore trade with extreme caution. I'm labelling this idea as 'long" although I wish there were other options to choose from. Perhaps bullish or bearish, short - near or long term etc. Understand that I do not mean to indicate LONG XRP. I am quite against trading leverage on risky coins, but considering those are my options - I do see the price going up, that is just what happens in bull markets so ...long. The path to $1 is clear, but first I expect another rotation back into BTC. I have my targets set to make sure I catch those untimely wicks. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 We thank you for your support ! CryptoCheck BINANCE:XRPUSDT
Long
by CryptoCheck-
19
Ripple: Analyzing XRPUSDT Current TrendsRipple has recently undergone a notable surge, ascending from $0.47 to $0.73. BINANCE:XRPUSDT now enters a consolidation phase, let's delve into a analysis of its current position and potential future movements. Technical Overview: On the daily timeframe, BINANCE:XRPUSDT is revealing the formation of a compelling rising channel structure. This pattern often indicates a period of consolidation and can offer insights into potential future price action. Key support for this channel is notably situated within the $0.53 to $0.58 range, highlighting a crucial zone. Support and Resistance Levels: Support Levels: The strength of the channel support becomes evident at the $0.53 and $0.58 levels, providing a foundation for the ongoing consolidation. Resistance Levels: Significant resistance levels are identified at various points along the Fibonacci retracement and the channel itself. These key levels are situated at $0.62, $0.66, $0.73, $0.82, $0.93, and $1.16. We should keep a keen eye on these levels as they can play a pivotal role in determining the direction of future price movements. Interpreting the Rising Channel: The rising channel pattern suggests a delicate balance between buyers and sellers. Traders will closely monitor the price action within this channel for potential breakouts or breakdowns. As of now, the channel serves as a roadmap, guiding us through the intricacies of Ripple's current market sentiment. Ripple's CRYPTOCAP:XRP is presenting a scenario ripe with opportunities. Understanding support and resistance levels, particularly within the context of a rising channel, is crucial for making trading decisions. As always, risk management and staying attuned to market sentiment are paramount in navigating financial markets. Happy trading!
by Vestinda
XRP Under the Weather: ☁️ Looming for the Next 24 Hrs, 🐻 TrendMixed trading conditions ahead on the global crypto market, with bullish sun shining on Bitcoin, Cardano, Avalanche, and Polkadot in the next 24 hours. 🌤️ Cloudier bearish trading conditions will prevail over Ether, Ripple’s XRP, Binance Coin, and Dogecoin, according to ATTMO. ☁️ Over a one-week horizon, the ☀️ sun will shine over cryptocurrencies such as Bitcoin, Ether, and Binance Coin. However, bearish clouds will linger over Litecoin, XRP, and Cardano. Follow us for more crypto weather reports!
by ATTMO
BTC, ETH Set for Bullish Skies, 🌞 Day Ahead; What About Alts? Mixed trading conditions ahead for the global crypto market in the next 24 hours. A sunny bullish sky lies ahead for Bitcoin and Ripple’s XRP 🌞 📈, according to ATTMO, while other altcoins will face cloudier, bearish trading conditions. ☁️ 📉 Over a one-week horizon, the sun should shine over most of the crypto universe with Bitcoin, Ether, Litecoin, Cardano, and Binance Coin likely to profit from bullish trading conditions. XRP and Avalanche won’t profit from this positive trend and are set to face a bearish trend.☁️📉 Follow us for more crypto weather reports!
BINANCE:BTCUSD
by ATTMO
XRP RIPPLE Technical Analysis And Trade IdeaConducting a meticulous analysis of the charts reveals a retracement in XRP from its recent peak. A discernible observation on the weekly timeframe indicates an overextended bullish trend with a current pullback underway. The pivotal query revolves around the extent of this retracement – will it deepen, or is there potential for a rotation at the current level, aiming for liquidity beyond prior highs? Our video delves into diverse time frames, culminating in the identification of a prospective trading opportunity grounded in market structure, price dynamics, trend analysis, and other critical facets of technical evaluation. It's crucial to emphasize that the insights presented herein serve an educational purpose exclusively and should not be interpreted as financial counsel. Engaging in the foreign exchange market and cryptocurrency trading inherently entails a substantial degree of risk. Consequently, it becomes paramount to judiciously integrate robust risk management strategies into your trading blueprint to adeptly navigate the associated challenges.
Long
by fxtraderanthony
4
XRPUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Targets: 0.55 - 0.41 and maybe 0.35 after first target reached move ur stop to breakeven cancellation of scenario - consolidation above 0.9 ALWAYS follow ur RM . DYOR! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions
Short
by trytofeelpositive
9
XRP/USDT preparing for bull move? ? 👀 🚀 XRP Today analysis💎Paradisers, get set for a promising opportunity with XRPUSDT as it faces a setback from the supply zone, suggesting a strong chance for a bullish rebound from the demand level. 💎Historically, we've seen supply transform into demand, propelling the price upward. Currently, after a rejection at the .6237 supply zone, there's a strong chance for a bullish pivot from the .5794 demand level. 💎There's also a possibility of a bullish turn from the .5575 demand level. The asset's robust position above the ema55 is signaling a potential uptick. 💎 On the flip side, should the price dip below the .5575 demand level, we could see a shift towards a bearish trend. Keep a close eye on these levels and plan your strategy with these dynamics in mind.
Long
by MyCryptoParadise
2
XRP/USDT Is it break the supply area or back to retesting phase?💎 XRP has undoubtedly created a stir in the market with its substantial ascent. However, XRP is currently encountering resistance while attempting to breach the supply area at $0.736, resulting in repeated rejections. This situation makes it likely that XRP will experience a decline and return to test the demand area around $0.6 to build up new momentum. 💎 Yet, if XRP can successfully break through the supply area, it opens up the probability for XRP to continue its upward trajectory and reach our target in the major supply area. 💎 should XRP retreat to the demand area at $0.579 without demonstrating a rebound, it raises the potential for XRP to break below the demand level. In this situation, it signifies a bearish indication for XRP, and there's a likelihood that XRP will continue its descent, possibly returning to the strong demand area.
by MyCryptoParadise_Nathan
3
XRP Price Rallies as Institutions Embrace It! Picture this: a skyrocketing XRP price, fueled by the growing adoption and trust from major financial institutions. It's like witnessing a rocket launch, and we have the chance to be part of this exhilarating journey. So, grab your trading gear and let's dive into the exciting world of XRP! Now, you might be wondering, "Why XRP?" Well, my fellow traders, XRP has been making significant strides in bridging the gap between traditional finance and the digital sphere. With its lightning-fast transaction speed and low fees, XRP has become the go-to choice for financial institutions seeking to enhance their cross-border payment systems. And boy, are they flocking to it! The recent surge in institutional adoption has sent XRP prices soaring, and the excitement is palpable. As more institutions recognize the potential of this digital asset, the demand for XRP is skyrocketing, propelling its price to new heights. It's like witnessing a supernova of opportunity, and we can't afford to miss out on this remarkable ride! So, my dear traders, it's time to take action and seize this golden opportunity. I encourage you to consider going long on XRP, as its upward trajectory shows no signs of slowing down. With institutions pouring in and the market sentiment increasingly positive, the potential for substantial gains is at our fingertips. Remember, the key to success lies in staying ahead of the curve. By embracing XRP now, we position ourselves at the forefront of this financial revolution and open the door to incredible profit potential. Let's ride this wave together and make the most of this thrilling journey! To get started, make sure you have a reliable trading platform that supports XRP trading. Conduct thorough research, stay updated on the latest news, and equip yourself with the necessary tools to maximize your gains. And most importantly, trust your instincts and follow your trading strategy diligently. The world of cryptocurrency trading is ever-changing, and with the current XRP price rallies, we have an opportunity that simply cannot be ignored. It's time to take a leap of faith and dive into the exciting world of XRP! Wishing you a thrilling trading experience filled with success and prosperity! Ready to jump on the XRP bandwagon and make the most of these exhilarating price rallies? Don't wait another moment! Open an account with a reliable trading platform today and start your journey towards potential profits. Remember, the time to act is now!
Long
by bryandowningqln
XRP ☀️ 24-Hour & 1-Week Horizon; Bullish Trend Is On! Mixed trading conditions on the global crypto market in the next 24 hours, with Bitcoin, Avalanche, and Polkadot facing a ☁️ cloudy bearish trend while Ether, Litecoin, Ripple’s XRP, and Cardano bask in the ☀️ bullish sun with upside potential. Over a one-week horizon, the ☀️ sun is forecasted to shine over most of the crypto universe, XRP included, indicating that a bullish trend is likely, according to ATTMO. However, Polkadot bucks this positive trend with a ☁️ cloudy forecast. Follow us for more crypto weather insights!
by ATTMO
2