XRP is ready for a new triangleXRP has been forming triangles that start with spikes for a long time. Its conflict with the SEC and lawsuits prevented it from fluctuating and followed a boring chart.
However, with new agreements, XRP continues on its way. In the coming days, news of a new deal or a statement about SEC lawsuits may cause a sudden rise and create a new triangle formation. Because we are about to come to the end of the current one.
XRPUSDT
XRP ANALYSIS🔮 #XRP Analysis 💰💰
🌟🚀In 4hr time frame we can see a formation of "Ascending Triangle Pattern" in #XRP. $0.6370 is a crucial resistance and if #XRP breaks it then we will see a good bullish move.💲💲
🔖 Current Price: $0.6215
⏳️ Target Price: $0.6880
⁉️ What to do?
- We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #XRP. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#XRP #Cryptocurrency #DYOR #PotentialBreakout
After correction, Ripple can rebound up from support lineHello traders, I want share with you my opinion about Ripple. By observing the chart, we can see that the price a few time ago price declined from the 0.6280 resistance level, which coincided with the seller zone to the support line. After this, the price rebounded from the support line, which coincided with the 0.6000 support level, and in a short time rose to the resistance line of the wedge, but when Ripple reached this line it at once around down and started to decline. Price fell lower than 0.6280 and 0.6000 levels to support line of the wedge, thereby breaking these levels. But soon, the price bounced of this line and made a strong upward impulse to the resistance line, which coincided with the 0.6280 level, breaking the support level again. After this movement, XRP bounced from the resistance line and declined to support line of the wedge, where it continues to trades near. So now, I think that Ripple can make a correction to the support line again and then rebound up to the resistance level, thereby exiting from the wedge. For this case, I set my target at the 0.6280 resistance level. Please share this idea with your friends and click Boost 🚀
XRPUSDT # 007 ( Notice for Bullish rally !!! ) Hello dear traders.
Good days.
April-2024 Monthly Bullish Gann square will Finish , and expected XRPUSDT reach itself to the 0.618 Gann Box price level which will be about 3.09 $ .
Two scenario is considered for bull run move .
- 1st Scenario ( Green Line ) : expected to reach itself to the 0.618 price level at begins of New year
- 2nd scenario ( Blue line ) : expected to achieve 0.618 Gann Box Price level and end on Monthly Gann Square time zone which will be around April-2024 .
Road map is plotted with help of Gann Square and Gann Box.
Good luck and safe trades.
Thanks for your support and comments.
XRPUSDT: Ripple Effecting a Bullish Surge! 🚀💹Introduction: 🌐 Get ready for a ripple effect in the crypto markets with XRPUSDT! Traders are diving into a long position from $0.624, as the price transitions from a prolonged upward movement to a consolidation phase, marked by a bullish structural break. Let's explore the details of this potential surge.
Trade Details: 💰 The long position (#XRPUSDT) sets sail from $0.624, anchored with a stop-loss at $0.6. The rationale behind this move is the price's shift into a consolidation phase after a sustained upward movement, with an observable bullish structural break (BOS).
Technical Analysis: 📊 Zooming into the 1-hour timeframe, XRPUSDT has entered a consolidation phase, within which a bullish structural break (BOS) is apparent. The trader anticipates a continuation of the upward movement from current levels, aiming for a breakthrough and consolidation above the descending slope.
Expectations and Strategy: 🎯 The trader expects a 7.5% potential market movement, excluding leverage, as the price aims for a breakthrough and secure consolidation above the descending slope.
Trade Target: 🚀 The primary goal is to ride the ripple effect, capitalizing on the potential bullish surge and achieving a net market movement of 7.5%.
Conclusion: 🌊 XRPUSDT invites traders to ride the wave of potential profits. Prepare for a bullish surge, watch for the breakthrough and consolidation, and get ready to experience the ripple effect in the crypto markets! 🚀💹
LONG #XRPUSDT potential is 7%LONG #XRPUSDT from $0.624 stop loss $0.6
1h TF. After a fairly long increase, the price moved into a consolidation phase, within which we can already observe the breakdown of the structure into an ascending one in the form of bos.
I expect the growth to continue from current levels with the aim of breaking through and consolidating above the downward slope, the potential is 7.5% of the net market movement excluding shoulders.
HelenP. I Ripple can continue decline to $0.6000 support levelHi folks today I'm prepared for you Ripple analytics. After the price started to rise, it at the sort time reached 0.6600 resistance level, which coincided with the resistance zone and later broke it too. The price rose higher than the resistance zone and rose to the trend line, but soon XRP around down and made a strong impulse down to the 0.6000 support level, which coincided with the support zone, thereby breaking the 0.6600 level. After this, the price bounced from the support level and some days traded near, but also recently Ripple fell below the support zone and then in a short time rose to the trend line, making a fake breakout. As well soo, the price rebounded of this line and at the moment it trades very close. For my mind, Ripple will break the trend line, rise a little more, but then rebound down to the support level, breaking the trend line again. That's why I set up my target at the 0.6000 level. If you like my analytics you may support me with your like/comment ❤️
XRP Bullish 24 Hrs ☀️; Bearish 1-Week Forecast ☁️ Mixed trading conditions lie ahead for the global crypto market in the next 24 hours, with a bullish sun ☀️ shining over Bitcoin, Ripple’s XRP, Binance Coin, Avalanche, and Polygon. Bearish clouds hang over Ether, Chainlink, and Cardano. ☁️
Over a one-week horizon, these bearish clouds ☁️ will move in and are likely to weigh on the price of Bitcoin, Ether, Litecoin, XRP, and Polygon. The bullish sun ☀️ will continue to shine over Cardano, Binance, and Avalanche.
Follow us for more crypto weather reports!
XRP Retesting (again) supportRipple coin is retesting (again, fot the 11th times lol) a very strong support area. How much chances are there that it hold again? Honestly alot. We can see a consolidation, maybe a long squeeze, but next it could pump hard till my target. Remember always that XRP pump last, and usually it starts to pump when BTC dump. BTC is dumping so...
XRP/USDT 4HOUR UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
Chart Analysis:-4-hour chart, Ripple’s ascent faced significant resistance around the 0.74 level. Heightened selling pressure in this critical region led to a notable decline, characterized by an extended retracement towards the 0.5-0.618 Fibonacci levels.
Despite subsequent attempts by buyers to push the price beyond the 0.74 threshold, these efforts proved unsuccessful. This price action signifies market uncertainty, with Ripple undergoing a consolidation phase accompanied by low volatility.
substantial support is evident in the price range between the 0.5 and 0.618 Fibonacci levels. A potential decline below this critical range could signal an imminent significant downturn for XRP, and market participants should brace for notable changes under such circumstances.
I have tried to bring the best possible results in this chart.
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Thank you.
RIPPLE - Price can little correct and then bounce up to $0.6800Hi guys, this is my overview for XRPUSTD, feel free to check it and write your feedback in comments👊
Recently price started to trades in triangle, where it bounced from support line and made strong upward impulse to resistance line.
Also, XRP broke $0.5930 & $0.6800 levels, after which it bounced from resistance line and in a short time fell lower $0.6800 level.
Later price declined to support level, bounced up, and exited from triangle, after which it started to trades in flat.
In flat price tried to break resistance level, but failed and fell back, thereby making fake breakout.
Now Ripple continues to trades in flat and I think that price can a little correct and then bounce up to $0.6800 level again.
If this post is useful to you, you can support me with like/boost and advice in comments❤️