XRPUSDT
XRP will easily see a 20% to 25% gain from current levels.XRP has been on a tear this past week, and there's no sign of it stopping anytime soon! I think we will easily see XRP gain 20% to 25% in short order. I think there's a good chance that price will hit the bottom trend line of the developing wedge pattern first, but it also may not. Watch the top trend line as your key indicator, and adjust it as needed to help predict the next move up according to your trading ideals.
Good luck!
What can we expect on Monday?What can we see on Monday?
I think 2 options can still happen.
1 - Since we have 2 top, it means that we can see a bearish. And I think that the target would be at $0.48
but there is another option that seems more likely to happen to me
2 - We have a bullish pennant. And we can expect XRP to rise to $0.58
What do you think we can expect when the markets open on Monday?
XRP/USDT “There are no facts, only interpretations.”-NietzscheThis idea "analysis" just to keep up with the chart, as they said the trend is your friend so we follow our friend it's not a sell opportunity, it's just observation how XRP moves to the previous lows 0. 28-0.11$ (See the previous analysis about XRP).
XRP is gaining momentum at a nice pace.Every XRP holder wants to see XRP go to the moon, but the problem is high percentage gains that happen quickly rarely hold. XRP is now gaining at a nice steady pace which will tender a much better final result.
Bottom line is this, we want investors, not speculators. We want long-term holders, not 5% flippers. The higher quality the investor, the greater chance that the value will hold.
you want to be looking at $xrp herexrp is currently hovering above a mega support block that has been a floor for over 5 years, in every previous wave so far (bullish or bearish) the most traded volume has occurred in the 0.10c-0.40c range creating a high volume node and the point of control for all xrp sales and purchases.
when the coin finally breaks the yellow diagonal and reclaims the highest monthly close price thus far, xrp will moon.
XRP likely headed lowerWe saw XRPUSD pop slightly above $0.51 three days ago on the fake news about the SEC approval of Bitcoin Spot ETF. However, these gains lasted briefly, and XRPUSD bounced off the 50-day SMA that remains hovering above the 20-day SMA, indicating a downtrend. As for other technicals (on the daily time frame), MACD, RSI, and Stochastic are bearish. In fact, MACD recently failed to stay above the midpoint and reenter a bearish zone, which is quite worrisome. Due to that, we continue to be bearish on XRPUSD and think Bitcoin’s growing dominance will keep a lid on its price. Consequently, our view that XRPUSD will mark new lows below $0.45 remains valid.
Illustration 1.01
The picture above shows the daily chart of XRPUSD and simple support/resistance levels.
Technical analysis gauge
Daily time frame = Bearish
Weekly time frame = Slightly bearish
*The gauge does not necessarily indicate where the market will head. Instead, it reflects the constellation of RSI, MACD, Stochastic, DM+-, ADX, and moving averages.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
Potential break of high RENGE💪🏻*-Technical Analysis 📈
With the previous sharp move, it can be concluded that higher price levels penetrate after breaking through the ceiling
*Trade (Buy/Sell) 📊
buy 0.5083$
*-Stop Loss 🔴
0.4720$
*-Take Profit 🎯
0.5856$ - 0.6294$
*-Risk Management 🚧
5%
👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
XRP/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this XRP update from Crypto Sanders.
Chart Analysis:- XRP rose to a two-week high on Friday, following a decision by the Securities and Exchange Commission (SEC) to drop its case against Garlinghouse and Larsen.
XRP/USD peaked at 0.5291 earlier in the day, which comes following a low at 0.4831 the day prior.
As a result of today’s high, the ripple rose to its highest point since October 5, when the price peaked at 0.5325.
Earlier gains have now eased, which comes as the relative strength index (RSI) failed to move beyond a ceiling of 57.00.
At the time of writing, price strength is now tracking at 56.32, with the next visible floor at the 50.00 level.
The 10-day (red) moving average has also begun to trend upward, increasing the chances of an upward crossover in the upcoming days.
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 Pumping 10% as SEC Drops Charges!XRP has surged a whopping 10% as the Securities and Exchange Commission (SEC) drops its legal charges against Ripple Labs. It's time to rejoice and seize this golden opportunity!
🚀 XRP Rockets to New Heights! 🚀
The recent development in the Ripple vs. SEC case has sent shockwaves throughout the crypto community. With the SEC's charges dropped, a renewed sense of optimism and confidence has flooded the XRP market. As a result, XRP has skyrocketed by an impressive 10%, and the momentum shows no signs of slowing down.
💰 Time to Long XRP: Embrace the Bullish Wave! 💰
Are you ready to ride this bullish wave and capitalize on the XRP pump? This is the perfect moment to consider longing XRP, as the market sentiment is overwhelmingly positive. With the legal shadow lifted, Ripple Labs can now focus on expanding its innovative solutions, potentially driving XRP's value even higher.
📈 Seize the Opportunity: Take Action Now! 📈
Don't miss out on this incredible chance to maximize your gains. It's time to take action and long XRP! Here's what you can do to make the most of this exciting situation:
1. Conduct thorough research: Dive into the latest news, market analysis, and expert opinions to gain a comprehensive understanding of the current XRP landscape.
2. Set your trading strategy: Define your entry and exit points, establish stop-loss orders, and determine your risk tolerance to ensure a well-informed and calculated approach.
3. Choose a reliable platform: Select a trustworthy cryptocurrency exchange that offers seamless trading experiences, robust security measures, and competitive fees.
4. Stay updated: Keep a close eye on XRP's price movements, market trends, and any potential catalysts that may impact its value. Stay informed to make timely decisions.
Remember, trading involves risks, and it's essential to exercise caution and make informed decisions based on your individual circumstances. The recent developments in the Ripple vs. SEC case present an exciting opportunity, but always ensure you are comfortable with the potential outcomes.
✨ Embrace the Ripple Effect: Let's Ride the Bullish Wave! ✨
Join us in celebrating this significant milestone for XRP and Ripple Labs. The positive sentiment surrounding XRP is contagious, and together, we can ride this bullish wave to new heights. Long XRP and make the most of this incredible opportunity!
XRP about to see another huge pump?Vividly, if we could remember when SEC said XRP was not a security… it pump towards $1…. Again, SEC Drops Charges Against Ripple CEO Garlinghouse, Chairman Larsen…. But I will I will advise you to listen to what the PA (Price Action) is saying rather than FOMO into it…. I will wait for bearish retest in XRP at the daily OB above instead and take a short from there…..
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XRP looking dangerous XRP on BTC pair is really looking dangerous as is about to break daily support trendline and if break that will be a disaster for BTC as there will be massive sell off….
Looking into XRP in USDT pair is still heading towards the daily support trendline and let see if it bounce from there… be careful and keep your eyes on it….
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XRP ☁️ 24-Hours Ahead - Downside Risk; Bearish TrendMixed trading conditions ahead for the global crypto market, with Bitcoin, Ripple, and Binance Coin facing slightly bearish clouds in the next 24 hours. ☁️ Ether, Cardano, Avalanche, and Dogecoin bask in slightly bullish sun. ☀️ However, Litecoin and Polkadot endure the crypto storm 🌧️, signaling a very bearish market with downside risk.
Over a one-week horizon, the outlook remains cloudy ☁️ and rainy 🌧️ for most cryptocurrencies, with Bitcoin and Polygon as the exceptions. They should both enjoy a slightly bullish sun ☀️, indicating an upside potential.
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Confluence of Technical Indicators Pointing to a Potential TrendThe XRP 4H chart displays a series of technical indicators that, when combined, provide insights into the current market sentiment and potential future price movements. With a focus on Bollinger Bands, Volume Oscillator, Stochastic, MACD, RSI, and Fibonacci retracement levels, we will decode the price action and provide a comprehensive view of the most probable scenario.
Technical Indicators Analysis:
Bollinger Bands: The price is currently trading near the middle band, suggesting a neutral stance. However, the slight contraction of the bands indicates reduced volatility and a potential breakout soon.
Volume Oscillator: A negative value of -15.02% indicates selling pressure, suggesting that bearish momentum might still be present.
Stochastic: Both %K and %D are under the 50 mark but are converging, which can be a sign of potential bullish divergence in the near term.
MACD: The MACD line and the Signal line are close together with a minimal histogram, indicating a lack of strong momentum in either direction.
RSI: Hovering around the 49.21 mark, it's in a neutral zone, not giving a clear bullish or bearish signal.
Fibonacci Retracement Levels: The chart shows various retracement levels. Currently, the price is hovering around the 0.5 retracement level. This level, along with the others you provided, will act as potential support and resistance zones.
Most Probable Scenario:
Given the confluence of indicators, there's a potential for a short-term bullish reversal, especially if the price can maintain above the 0.5 Fibonacci level and if the Stochastic continues its bullish divergence. However, the selling pressure from the volume oscillator suggests that any bullish move might face resistance. Therefore, traders should watch the key price levels mentioned for potential breakouts or rejections.
Overall Sentiment:
Neutral to slightly bullish. While some indicators hint at a potential bullish reversal, the overall sentiment remains mixed. It's essential to wait for more confirmations before taking a definitive position.
XRP will Go🛫UP🛫 by Falling Wedge Pattern⏰(1-Hour)⏰✅ XRP is moving inside the 🟡 Price Reversal Zone(PRZ) 🟡 and near the Support line ; also, XRP has succeeded in forming a Falling Wedge Pattern .
🌊In terms of Elliott Waves , XRP was able to complete the end of main wave 5 in 🟡 Price Reversal Zone(PRZ) 🟡.
💡Also, we can see Regular Divergence(RD+) between two Consecutive valleys .
🔔I expect XRP will go UP at least to the 🔴Resistance zone($0.494_$0.489)🔴 after breaking the upper line of the Falling Wedge Pattern.
XRP Analyze ( XRPUSDT ), 1-hour time frame⏰.
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XRPUSDT, weekly analysis. Bears market.Hi friends. I analysing Daly and weekly timeframe graphics and see, that's all planned bears closings (purchases) go out from market. Open interest going down on any price upper tendention. X-lines script show 0.4253 like a major bears target 🎯. So downward in long term. Follow me.
XRP IS BEARISH !We had a diametric that the strength of the falling F wave of this diametric was high and the G wave was shortened, which indicates the strength of the seller.
It is expected that the price will move up to the green support area or even lower.
If the price pulls back to the supply range, it is a good opportunity to short.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
XRPUSDT, going down on short term. Hi friends. X-Volume showing big volume od bears what need to close they positions and before this process we have active bulls closing. But on all bears purchases market shift price morę downward. I thinking we starting growth now or from nearest bears target.
First bulls targets - 0.5078, 0,5178.
RIPPLE - Price can break resistance level and then continue riseHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
Recently price bounced down to $0.4590 points, thereby breaking $0.4945 level, which coincided with support area.
After this, price started to rise inside rising channel, where it rose higher of this level and reached resistance line of channel.
Then Ripple bounced down to $0.4945 level, exiting from channel, and then Ripple rose to resistance line of pennant.
But then price bounced and made strong downward impulse to support line, thereby breaking $0.5350 and $0.4945 levels.
Also recently, price exited from pennant and now it trades very close to $0.4945 level in support area.
Possibly, Ripple can break this level, make retest, and then bounce up to $0.5150 level.
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