XRP/USDT ReviewHello everyone, I invite you to review the XRP chart on an hourly interval. As we can see, the price went down and entered the local downtrend channel. What's more, we see that there was an attempt to return to the uptrend, above the Cross 200 EMA, but it failed.
Let's start by marking the support spots for the price and we see that first we have a support zone from $0.6311 to $0.6249, but if the price goes lower then we have a second zone from $0.6150 to $0.6078, then we can mark strong support at $0.5990.
Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that the price has rebounded. Next we can mark resistance at $0.6594, next resistance is at $0.6678 and then towards the resistance at $0.6798.
The CHOP index indicates that there is still energy for movement, the RSI is near the middle of the range, which may give a greater price rebound, and the energy on the STOCH indicator has run out.
XRPUSDT
XRPUSDT and overcoming the annual resistance levelHello everyone! According to XRPUSDT, the thoughts are as follows: the coin impulsively overcame the resistance level of 0.56, which held it for about a year. This is a very positive event in which the coin made x2. Now the price is in the area of this very level, now support. Therefore, there is a good opportunity to take a coin for correction in order to see the price at 0.85
HelenP. I Ripple can bounce from support zone and continue riseHi folks today I'm prepared for you Ripple analytics. Some days ago price declined to the 0.7145 resistance level, which coincide with the resistance zone, but at once it rebounded up and made a strong impulse up to the trend line. After the price reached the trend line, it started to decline and a few moments later, the Ripple fell to the resistance zone, thereby breaking the 0.7145 resistance level. Price tried to rise, but it failed, rebounded from the trend line, and continue to decline to the 0.6145 support level, which is located inside the support zone. Later Ripple bounced from the support level and started to rise. Also recently price broke the trend line, made a retest, and now trades near the support zone. I expect that Ripple can fall to the support level again and then rebound up, therefore I set up my target at the 0.6750 level. If you like my analytics you may support me with your like/comment ❤️
XRP , TP is between 2.1 to 2.2$ !XRP seems stronger than ever, and we may be in the beginning of wave four. Therefore, the price decline in wave four should end between 0.57 and 0.59 cents. If it stabilizes at these prices, we can say that the decline is a 38.2% Fibonacci retracement. The price growth and the start of wave five will be here, and wave five will be as long as wave three, with a target between $2.2 and $2.1.
The time to reach the suggested prices: The price of 0.85 will be around late June 2024, and the price of $2.1 will be around December 2024. Please note that the dates are approximate and not exact.
The analysis method: The analysis is based on Elliott waves, Gann fan, Fibonacci, and Ichimoku.
XRP/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this XRP/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- XRP, which fell by as much as 5% during today’s session.
After peaking at 0.6623 during yesterday’s session, XRP/USD plunged to a bottom at the 0.6253 level.
XRP, formerly Ripple, has been on the decline since its peak of 0.9479 on July 13, which was a 20-month high.
The latest drop coincided with the RSI failing to break out of a key resistance zone at the 46.00 region.
In the event momentum remains bearish throughout the week, XRP could be moving towards 0.5000.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
XRPUSDT Defies Gravity with 50% Growth Potential💎Following our previous analysis on #XRPUSDT, we can observe a significant development in the price action. The decline was halted at the uptrend trendline, coinciding remarkably with the Volume Profile support level. Notably, prior to this, there was a strong rejection of the 200 Simple Moving Average, establishing a crucial support level at $0.41.
💎As long as this support level remains defended by the bulls, and the Volume Profile support and uptrend trendline continue to be respected, the probability leans in favor of an uptrend continuation. Paradisers, it is essential to acknowledge that #XRPUSDT faces a formidable resistance near the $0.55 area. However, considering the aforementioned factors, the odds currently favor the bulls.
💎Taking all of this into consideration, we can anticipate a potential price increase of 30% to 50% for #Ripple in the coming weeks. It is worth noting that key resistance levels, as often observed, are based on Fibonacci retracement indicators. The nearest Fibonacci resistance level sits at 50%, while the second and most significant level is located at 61.8%. Intriguingly, if #XRP surpasses the 61.8% Fib level, we may witness an exponential price surge of 100% or more.
💎To summarize, a buying opportunity with a strong risk/reward ratio is apparent. However, it is important to consider factors such as multiple bounces off the supply area, which slightly diminish the probability of an uptrend. The MCP team remains vigilant, and #Ripple could potentially be one of the first coins to experience significant movement in the near future.
Revisiting XRPUSDT after our last bullish forecastIntroduction and Context:
💎Since our last analysis of #XRPUSDT, there's been a lot of speculation about the next moves for #Ripple. A month has passed since the pullback, and it's time to delve into the price action once more.
Understanding Key Zones:
💎The previous supply zone around $0.6 has transitioned into a demand zone. This shift indicates that this area might attract buyers.
Conversely, the supply near $0.9 has been staunchly defended by bears. This sets the stage for a trading range with support at $0.6 and resistance at $0.9.
Fibonacci Insights:
💎The price has touched the 61.8% Fibonacci level, a common retracement point. This is significant as it often indicates potential future price movements.
Trend Analysis:
💎The prevailing trend for #XRPUSDT is bullish, characterized by higher highs and higher lows. Given this trend, there's a higher likelihood that the price might ascend again, targeting the $0.9 supply zone.
Potential Downward Movements:
💎If #XRP were to break below the demand zone, we could anticipate a drop towards the 88.6% Fibonacci support level at $0.47. This could be followed by a period of consolidation before any potential uptrend continuation.
Bullish Outlook Invalidation:
💎A significant bearish indicator would be if the price breaks below the $0.41 support. This level is crucial as it's where #XRPUSDT previously bounced off both the uptrend trendline and the 200 Simple Moving Average. It also represents the previous lower low. Unless a new lower low is established, the outlook for #Ripple remains bullish.
xrp---> what happen after pump?!hello guys...
I choose the weakly time frame to show you this detail!
you can see the xrp break up the descending trendline and break out the rectangle, as you can see the target of the rectangle was 0.66 fibo level touched,
so let me go another time frame!
be with me!
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WHERE WILL XRP GO? (1D)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ICP symbol.
Although it went up very wildly, but it reached the red drawn resistance that I had specified, it was rejected.
Now correcting for our diametric F wave. If it reaches the green zone, you can buy for the rising G wave
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
☁️ Forecast for XRP ; Downside Risk; Shorting Opportunity? 🤔Clouds ☁️ or rain 🌧️ loom over Ripple’s XRP due to potential setbacks in the ongoing court case against the US regulator.
This hints at a slightly bearish market with downside risk in the near and medium term (3 days to one week).
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Ripple XRP price has not yet gained the "strength" next riseA bit of time has passed since the rapid rise in the XRPUSDT price and emotions have calmed down, so it's time to take a rational look at the chart.
The previous XRP price increase was surprising only in terms of the time it took to work out, but not in terms of price targets.
Looking at the XRPUSD price chart now, it seems that the correction of the previous growth is still too small. Accordingly, the correction should continue, and the price of Ripple should fall.
After this paragraph, here going to get a lot of dissatisfied "XRP believers" :)
So let's put it this way: with our personal money, we would be ready to buy some XRP for our investment portfolio no earlier than the price zone of $0.59-0.61.
And after that, hold it and wait for the next x2 growth with a desire to sell it in the price range of $1.15-1.25
P.S:
At this stage, we consider "wet dreams" about the price of XRP at $5-10-100 or even $300, to put it mildly, inappropriate. Because then Ripple's capitalization will be larger than BTC, the entire crypto market now, than the capitalization of gold, the US government debt, etc. Hopefully, you have caught the logic and critical thinking.)
But if "somehow" the issue and supply of XRP coins is denominated 100 or even 1000 times, then miracles can happen)
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Ripple is poised to break through all resistance levels...Ripple is a powerful cryptocurrency. The upcoming resistances will include 0.66, 0.68, 0.70, 0.72, and 0.76 cents. It also has two strong trend lines(green lines) from the past that will act as resistance.
The analysis style is based on Gann, trend lines, Ichimoku, ADX, and DI.
XRP 4HR Analysis: Key Levels: .60 and .66 4HR 200 Moving AverageXRP is currently consolidating underneath a zone created by the BIG run up it had around July 13th.
Next we will make another push higher to and above .66 or get a clear rejection sometime soon down to under .60
Alerts set at .60 and .66
Once Triggered I will watch the 1HR timeframe to anticipate the next move.
RIPPLE - Price can break resistance line and continue to riseHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
Recently price traded inside flat, where it reached top part of flat and started to decline to resistance level.
When price fell to $0.6930 level, which coincide with resistance area, it bounced up, exited from flat, and entered to falling channel.
In channel Ripple broke $0.6930 resistance level and reached resistance line, after which, it bounced down to support level.
But recently it declined to support line and then bounced up to resistance line, where continues to trades now.
I think, that Ripple can decline to support line and then bounce up to $0.6500 level, thereby breaking resistance line.
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XRP Outlook: ☁️ with Downside Potential as Pressure Persists 📉XRP faces clouds or rain in the next 24 hours. ☁️ This translates into a slightly bearish market with downside risk.
Over the next week, XRP is anticipated to face sustained pressure, potentially resulting in a downpour of challenges for this particular coin. 🌧️
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