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XRPUSDT

The Ripple XRP megawedgeSo XRP did disappoint in the 2021 rally, but in hindsight, as always, one could have expected it. Damn hindsight :) It appears that XRPUSD is forming a gigantic multiyear mega wedge, similar to the first megawedge of 2013-2017, this would be the second one from 2018-2024, so 2 years longer than the first one. Of course, the direction of the breakout will depend on: 1. The conclusion of the SEC case 2. The direction which BTC will take So if SEC resolves well for Ripple AND BTC makes new all time highs in the 2024/25 cycle, then yes, XRP will reach nice valuations of at least 10 USD. If SEC resolves badly for Ripple AND BTC pumps, expect much lower target prices. If SEC resolves well for Ripple AND BTC dumps, then also much lower target prices. Worst case is of course BTC dumps, so no rally in 2024, and they also lose the case. Then expect this mega wedge to break to the downside. So we can see, it all depends on the SEC case and BTC. But a buy in if BTC goes to ATH levels in 2024 would make sense, since the risk/reward could pay off well. The worst thing that could happen then, is that it pumps only a little if they lose the case. So that is the longterm plan for XRP. A really brutal coin, probably by far the most unfun to hodl for long periods of time. But the risk reward in 2024 and later if everything goes well, could be large.
BITSTAMP:XRPUSD
by SebastianofMoon
7
Ripple can rebound down of support area and break support lineHello traders, I want share with you my opinion about Ripple. By observing the chart, we can see that price a few time ago bounced from the resistance line and rose to 0.7220 current resistance level, which coincides with the support area. And later, Ripple continue to move up and in a short time reached the 0.7900 resistance level, but at once made a correction to the resistance line. Then the price made impulse higher of 0.7900 resistance level and even seller zone. But soon it rolled down to the resistance line and some time later broke it too and fell to 0.7220 current resistance level. In a short time, Ripple continued to decline to the support line, thereby breaking the 0.7220 level. But a not long time ago it bounced from the support line and started to grow to this level. At the moment price trades near the 0.7220 resistance level inside the support area. Possibly Ripple can rise to the resistance level and then rebound down to the support line. Also, it can try to break this line. If the price breaks the support line, Ripple can make a retest and then continue to fall. For this case, I set up my target at the 0.6800 level. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
9
RIPPLE - Price can rebound from support line to $0.7550Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊 A few days ago price traded inside triangle, in which it declined to $0.6840 - 0.6720 support area. Thereby price broke $0.7910 level, which coincide with resistance area, but soon Ripple bounced from support area higher than resistance level. Also, price exited of triangle and later started to decline inside falling channel, in which price broke resistance level again and fell to support area. Then Ripple started to rise near support line, and in a short time it exited from channel and now continues to trades nea this line. I think that Ripple can make movement down to support line and then bounce up to $0.7550 level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
11
xrpusd daily chart overview of buy/sell zones 🔸Hello traders, today let's review daily price chart for XRPUSD. speculative 5 waves bullish structure in progress. final target is beyond 1 usd end of 2023. 🔸We recently maxed out / triggered overhead resistance at 90 cents so naturally right now pullback in progress expect it to complete and mark yet another higher low at 55 cents. 🔸Recommended strategy bulls: expecting pullback/correction to extend into September/October 2023, bulls should be ready to buy low near 55 cents, stop loss at prior higher low at 45 cents. TP for this swing trade setup is 1.15 usd +100% gains from entry price. good luck traders! 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
Long
by ProjectSyndicate
25
XRPUSDT: Bearish Opportunity🔻🔻🔻 XRPUSDT: Bearish Opportunity 🔻🔻🔻 📉 Technical Analysis: The XRPUSDT crypto pair is currently displaying a clear bearish trend on the 30-minute chart. The price has been consistently trading downwards, and the trend line confirms the bearish sentiment. Additionally, the momentum indicator RSI shows no signs of divergence, suggesting that the selling pressure might continue. 📊 Trade Plan: 📌 Entry: 0.7668 🛑 Stop Loss: 0.7943 🎯 Take Profit 1: 0.7389 🎯 Take Profit 2: 0.6965 🎯 Take Profit 3: 0.6644 📝 Trade Rationale: The current market conditions indicate a favorable setup for a bearish trade on the XRPUSDT pair. The sell order should be initiated at 0.7668, and we recommend placing the stop-loss at 0.7943 to protect against potential reversals. 🎯 Take Profit Targets: 1️⃣ Take Profit 1 at 0.7389: The first target represents a crucial support level, where the price might experience a temporary bounce. 2️⃣ Take Profit 2 at 0.6965: The second target aims for a continuation of the downward movement towards a significant support zone. 3️⃣ Take Profit 3 at 0.6644: The third target anticipates a further bearish extension to a lower support region. 🛡️ Risk Management: As a responsible trader, always consider managing your risk wisely. Ensure that your position size aligns with your risk tolerance and never risk more than you can afford to lose. ⚠️ Disclaimer: Trading cryptocurrencies involves inherent risks and is subject to price volatility. This analysis does not constitute financial advice; it is for educational purposes only. Always conduct your research and consider seeking advice from a qualified financial advisor before making any investment decisions. Happy trading! 🚀📉
Short
by T-Q
1
XRP - TO THE MOON continue or everyone will be deceived again?!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅ Friends, a little conspiracy on the XRP chart! This is not financial advice, I'm just expressing my thoughts on a chart! Be careful if you are going to buy on the continuation of the uptrend. Well, first, a little background: Everyone probably already knows about the situation that began in December 2020, when the SEC sued Ripple Labs, as well as its two founders - Chris Larsen and Brad Garlinghouse. The SEC accused Ripple of illegally selling securities, arguing that XRP is considered a security and should be registered with the SEC. This caused a lot of controversy in the cryptocurrency community, as many believed that XRP was a digital currency and not a security. The next two years were a time of intense lawsuits and court hearings between Ripple and the SEC. During the trials, both sides presented their arguments and evidence. And finally, the story seemed to come to an end, (why, I’ll seem to describe the situation below) and Ripple nevertheless defended its rights and proved to everyone that their cryptocurrency is not a security, and the positive immediately broke out on the market and the HODLERS of XRP coins sighed and someone even began to fix their earned Xs... But not everything is so simple! The head of the SEC, Gary Gensler, commented on the court's decision, noting that the agency is "disappointed" with the outcome. case involving retail investors, but "satisfied" in the part relating to institutional sales. “We continue to study and evaluate this decision,” emphasized the head of the regulator. Answering a question about the development of new norms for the crypto sector, Gary Gensler explained that it is still “too premature” to talk about it, as the litigation is ongoing. In general: in short, there will probably be another hearing in this case, but when it is not yet entirely clear, perhaps this will happen when the SEC punishes some crypto project under new regulatory rules or wins a case against such a giant as Binance and then all other projects will flinch and begin to obey Gary Gensler. But if the SEC crap up again, then most likely the alt season may come earlier than planned, because XRP can prove once again that the SEC is just a speck in the cryptocurrency world and let them regulate in their yard, as they say) In short, other projects will also be able to exhale along with liquidity, that is, with all of us :) Speaking from the technical side, I gave two examples of how the price behaved on the rebound of the global countertrend: the first situation was at the end of 2020 when the price rose at the moment by almost 10X (during the bull run) and the second situation is happening now when XRP won the case with the SEC, which lasted more than two years, also a huge positive. And the bounce we saw of 70-80% might not be the end yet if the second SEC VS XRP hearing results in favor of Ripple then a $2 bounce might just be a small push. Guys, I repeat once again - this is not financial advice, but just my guesses and just thoughts, I didn’t buy a coin myself, maybe in the future I’ll go for a small percentage of the deposit, but before that I’ll definitely let you know.
Long
by DanilBlinkov
XRP/USDT Technical Analysis ( $10 Target is Next Bull Market ? )XRP/USDT Technical Analysis: Retracement and Targets In this XRP/USDT technical analysis, we'll explore recent price movements and potential retracement levels. Please note this is not financial advice, and always do your own research. XRP Price Overview: XRP is trading at $0.77, surging 100% from the bottom level after the SEC clarified Ripple is not a security. Expected Corrections: Possible retracement levels: 0.5 Fib = $0.6983 0.618 Fib = $0.642 0.786 Fib = $0.5618 Strategy and Caution: Avoid buying in FOMO, prioritize risk management, and research before investing. Long-term Targets: In the next bull run, XRP may reach $5, possibly hitting $10. Accumulation Strategy: Consider accumulating during dips, especially between 0.618 and 0.786 Fib levels. Key Levels: Support: $0.6983, $0.5618 Resistance: $0.88, $1.27, $1.60, Moon Conclusion: The recent XRP price surge shows promise for the upcoming bull market. Be cautious, conduct research, and invest wisely. Happy investing! Follow us for More Quality Updates for Bull Run. Thank you
by CryptoPatel
5
XRPUSDT can ascend furtherThe XRPUSDT is in a Bullish phase by Ascending Triangle. 🌟 Bullish signals are: - Pivot Yearly - Ascending Triangle ❗ and the Upward signals of market momentum are: - Divergence in MACD - moving Ema 200 ❗ Note if the Triangle is broken downwards with the strength of Bearish candles, this analysis of ours will be failed. ✅If this post was useful for you, like it ❤️ and if you think it is useful for your friends, be sure to send it to them. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 🌍Thank you for seeing idea . Have a nice day and Good luck.
Long
by CobraVanguard
8
XRP: Bullish Pennant BreakoutRipple (XRP) technical analysis: Trade setup : Breakout from Bullish Pennant pattern confirms the uptrend, with upside to $0.92. Previously, following a breakout from a Descending Triangle, price spiked up massively to $0.92 resistance on favorable legal ruling. This level acted as resistance way back in early 2022. However, it got very overbought (RSI > 80) and saw selling pressures from some profit taking. Pattern : Bullish Pennant – forms typically following a sharp advance, followed by a brief triangular shaped consolidation in price (a small change in direction), before the previous uptrend (bullish) typically resumes. The period of consolidation should have lower volume and the breakouts should occur on higher volume. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $0.68, then $0.55. The nearest Resistance Zone is $0.92.
Long
by altFINS
XRP will go UP by Symmetrical Triangle🚀XRP seems to have managed to form a Symmetrical Triangle Pattern over the past few days. Also, XRP has the potential to form an Ascending Channel after breaking the upper line of the symmetrical triangle pattern. 🔔I expect XRP will go UP to at least the 🔴 resistance zone($0.844-$0.820) 🔴 after breaking the upper line of the symmetrical triangle pattern. ---------------------------------------------------------------------------- 🌐➕ Positive News ➕🌐: US lawmaker calls on SEC chair to reassess stance on crypto following Ripple ruling. Judge orders Ripple, SEC to agree to possible settlement dates. After Ripple won the court, the Volume Trading of XRP surpassed that of Bitcoin. US regulatory clarity has begun in court after Ripple win: CFTC commissioner. Banks Could Flock To Ripple’s XRP After Partial Victory, Company CLO Tells CNBC. ---------------------------------------------------------------------------- XRP Analyze ( XRPUSDT ), 1-hour time frame⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BITSTAMP:XRPUSDLong
by pejman_zwin
10