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Xrpusdtrading

XRPUSDT - D1XRPUSDT D1 - 3rd wave pattern may be formed which is already at the beginning of the 5th wave on W1. When breaking through/fixing the level of 0.5575 with targets of 0.7771 - 0.9285 What can you expect? You can consider an entry from breaking through ( you can wait for it to fixing ) the level of 0.5575 in continuation of the upward movement - to the levels of 0.7771. Cancellation of the movement, the price will break through the level of 0.4555. Targets 0.6409 - 0.6938 - 0.7771
Long
by Trade_Hive_Signals
XRPUSDT - AnalysisXRPUSDT W1 - the 3rd wave reached the targets by levels, breaking through the level of 0.9285. From this level, the price was also able to correct by more than 50% - further developments may mean the beginning of the 5th wave with targets of 0.9285 - 1.9586. What can you expect? Movements to the upper maximum – with targets at 0.9285 with a possible continuation of the movement at 1.9586. In the near term we may see a move towards the 1.0328 target from these levels. Long position Targets – 0.6848 – 0.8280 – 1.0328. Long-term perspective – targets 1.0355 – 1.3447 – 1.9586.
Long
by Trade_Hive_Signals
2
XRP's Bullish Breakout: Inverse Head & Shoulders + Double BottomExcitingly, XRP's price action reveals a powerful combination of bullish patterns: the inverse head and shoulders and a confirmed double bottom on the one-hour timeframe. This alignment indicates a potential shift from bearish to bullish sentiment, signaling a promising breakout ahead. With the short-term target set at approximately $0.75, traders are on high alert, eagerly awaiting confirmation to capitalize on this potential buying opportunity. Caution is advised, as the cryptocurrency market remains volatile, but with the confluence of these patterns, XRP's short-term potential appears intriguing for those willing to seize potential gains. Stay tuned for further developments and trends to make informed decisions.
BINANCE:XRPUSDLong
by VanRojasCapital
XRP: Inverse Head and Shoulders Backs Double BottomTitle: Inverse Head and Shoulders in 1-Hour Timeframe Supports Double Bottom Pattern The cryptocurrency market has been bustling with excitement as traders closely monitor the recent developments in XRP's price action. A remarkable technical formation has emerged, pointing towards a potential bullish trend on the horizon. The combination of an inverse head and shoulders pattern along with a double bottom formation on the 1-hour timeframe has captured the attention of many investors, hinting at a promising buying opportunity. 1. Inverse Head and Shoulders Pattern: The first notable development is the emergence of an inverse head and shoulders pattern in XRP's 1-hour chart. This pattern is recognized by three distinct troughs, with the middle trough (head) being lower than the surrounding two (shoulders). The pattern typically signifies a shift from a bearish to a bullish trend, often indicating an impending upward price movement. As traders eagerly eye this formation, it adds to the bullish sentiment surrounding XRP. 2. Double Bottom Formation: Simultaneously, a double bottom formation has taken shape, reinforcing the positive outlook for XRP. A double bottom consists of two distinct troughs (lows) at approximately the same price level, separated by a peak (high) in between. This pattern signifies a potential trend reversal, indicating that the downtrend may be coming to an end and a new uptrend could be on the horizon. 3. Confluence of Patterns: The combination of the inverse head and shoulders pattern and the double bottom formation creates a confluence of bullish signals, intensifying the belief that a significant price surge may be in store for XRP. Technical analysts and traders have been closely monitoring these patterns as they seek to capitalize on potential gains. 4. Confirmation and Price Targets: While these patterns offer promising prospects, it is essential to await confirmation before making any trading decisions. A breakout above the neckline of the inverse head and shoulders pattern and the double bottom formation's resistance level would strengthen the bullish case. Traders should keep a close eye on price movements and look for increased trading volume to confirm the potential bullish trend. As for the price targets, projections can be calculated based on the height of the patterns. Conservative estimates place XRP's potential target around the neckline's height, while more ambitious projections could reach the combined height of both patterns. However, it's crucial to remember that the cryptocurrency market is highly volatile, and unexpected fluctuations can occur. In conclusion, the appearance of an inverse head and shoulders pattern and a double bottom formation in XRP's 1-hour timeframe has sparked optimism among traders. The confluence of these bullish signals suggests the possibility of a significant upward move. Nevertheless, prudent investors will exercise caution and await confirmation before making any significant trading decisions. As always, conducting thorough research and analyzing risk-reward ratios will be critical for capitalizing on this potential buying opportunity.
BINANCE:XRPUSDLong
by VanRojasCapital
Crypto Landscape Unfolds: XRP MACD Signals Bullish Trend Amidst Title: XRP's Bullish Momentum Surges as MACD Signals Positive Shift The XRP cryptocurrency has recently experienced a notable positive shift in its MACD momentum, which marks the second occurrence following a series of optimistic news within the broader crypto industry. One particularly impactful development is the official declaration that XRP is not classified as a security. This announcement has sparked significant interest and enthusiasm among both the XRP community and potential investors. In light of these recent developments, investors now find themselves pondering a crucial question: will this bullish trend endure and propel the ongoing bull run with unwavering momentum? The MACD momentum indicator points to a positive shift and can be seen as a bullish signal for XRP's future performance. The recognition that XRP is not considered a security is undoubtedly a major milestone for the project. Regulatory clarity can significantly influence a cryptocurrency's adoption and contribute to an overall positive market sentiment.
BINANCE:XRPUSDLong
by VanRojasCapital
XRPUSD: Broke above its 1W MA100 for the first time in 15 monthsXRPUSD is having an immense rally today following the latest market news that pushed the price over the 1W MA100 for the first time since April 26th 2022! The 1D technicals are bullish (RSI = 68.180, MACD = 0.000, ADX = 23.552) but should end overbought soon and the R1 (0.65615) is the final barrier before a new parabolic rally starts. We will use the R1 as a retest level, if the price crosses above it and retests it successfully as Support, we will buy and target the R2 level (TP = 0.8000). It has to be noted that today's breakout not only crossed above the 1W MA100 but also the 1 year Channel Up pattern. Any pull back near the 1D MA50 will be a great buy opportunity. Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:XRPUSDLong
by InvestingScope
3