standard fill the wick pattern on ole RIPcoinseen it before many times, now with added typical ex arpee trader stop loss and take profit, dont forget to eat your garlic bread
RIPPLE trade ideas
XRP Weekly ChartPrice finally seeing a retracement after many weeks moving up.
Peaked at $2.90 before dropping to $1.95, and has since recovered slightly.
Overall market is correcting and most coins seeing a pullback but price is in a range now on the daily timeframe.
Once above $3 or below $1.80 it will be a clear trade to continue in either direction.
Monthly, 3 Month, 6 Month and Yearly candles closing this month.
XRP bullish flagOne of the most discussed crypto coin now XRP has formed a bullish flag. FOMO has made investors invest incorrectly but where is this going? follow the flag
bullish flagContinuation Pattern: The bullish flag is considered a continuation pattern, meaning it suggests that the price will likely continue to rise after the consolidation phase.
Volume: During the flagpole phase, there is typically high trading volume, indicating strong buying interest. During the flag phase, the volume usually decreases as the price consolidates.
Breakout: A bullish flag pattern is confirmed when the price breaks out above the upper boundary of the flag with increased volume. This breakout signals the resumption of the uptrend and is often seen as a buying opportunity.
In summary, a bullish flag on the daily chart indicates a temporary pause in an uptrend, followed by a continuation of the upward movement. Traders often look for this pattern to identify potential entry points for long positions
bullish flag on the dailyContinuation Pattern: The bullish flag is considered a continuation pattern, meaning it suggests that the price will likely continue to rise after the consolidation phase.
Volume: During the flagpole phase, there is typically high trading volume, indicating strong buying interest. During the flag phase, the volume usually decreases as the price consolidates.
Breakout: A bullish flag pattern is confirmed when the price breaks out above the upper boundary of the flag with increased volume. This breakout signals the resumption of the uptrend and is often seen as a buying opportunity.
In summary, a bullish flag on the daily chart indicates a temporary pause in an uptrend, followed by a continuation of the upward movement. Traders often look for this pattern to identify potential entry points for long positions
$XRP still the same vibeCRYPTOCAP:XRP appears to be repeating the pattern it has done before.
It seems that we will repeat this pattern and that we will want to test old resistances in the short term.
Let's see what happens in the coming hours and days.
Be kind to the world and each other!
XRP – Bullish Flag Pattern Suggests Further Upside PotentialTechnical Overview:
Bullish Flag Formation: XRP is consolidating within a bullish flag pattern, typically indicative of a continuation of its prior uptrend.
Previous Rally: After surging from $0.60 to nearly $2.80, XRP has demonstrated strength by consistently holding support above $2.40, signaling accumulation rather than distribution.
Key Levels to Watch:
Breakout Point: A breakout above the flag's upper trendline, accompanied by increased volume, could confirm the bullish setup.
Targets:
Initial target: $3.00-$3.20, aligning with measured moves from the flag pattern.
Longer-term potential: Continuation above $3.20 could open doors to further price discovery.
Supporting Factors:
Long-Term Base: XRP’s breakout earlier in 2024 from a long-term base adds strength to the current bullish setup.
Volume Confirmation: Increased trading volume during the breakout would validate buyer interest and bolster the bullish case.
Risk Management:
Key Support: Maintaining support above $2.40 is critical for the bullish thesis. A breakdown below this level could signal invalidation of the pattern.
Conclusion: XRP's bullish flag pattern indicates potential continuation of its prior uptrend. A breakout above the flag's trendline with volume confirmation could set sights on $3.00-$3.20 and beyond, reinforcing Ripple’s strong bullish potential heading into 2024.
XRP Price Target
XRP closed below the higher low but has yet to confirm closing at the low of the higher low. Once that is done, the price target will be $1.00.
XRP drop to $1.10 in Jan 2025 and pump to $3.35 in Apr 20251. Understand that the market makers (manipulators) will not easily allow you to be rich 😁. You have to beat them to understand their script and algorithms. So, $27 may not come that fast. Maybe not even in Q1'25
2. The big movers look at quarterly performance. To me we are not at a similar trend as 2017/2018 moves. But, worth comparing against it.
3. Now look at 2017, it was a 1000% move on the first 3M candle in Apr. Then the 2nd 3M candle had a 50% drop in July. Another pump came in Oct with a 800% move.
4. Now, if you simulate the same movements, in Oct'24 we had a 261% move. If there is a 50% drop, it will take XRP to $1.10 in Jan'25. Then another conservative pump of 200% in Apr'25 will take XRP to $3.35 . Then a 77% move down similar as 2017 will take XRP to $0.74 in July 2025.
However, note that our first pump in Oct'24 did not even touched an overbought RSI of 96, it only touched 75. This is why I feel we cannot look past trend, something new is going to happen and XRP has more to come.
Not financial advice - but hang in there 😉
XRP $7-$13Conservative targets based on Fib 4.236 of wave III of V and wave 2 of 5 lead to $7 and $13, respectively. These targets are part of wave 3 of 5 and the V wave.
XRPOnce xrp breaks out of this descending wedge I believe it will shoot up to the price of $3.50. That being said it could also consolidate for a little longer than the chart shows.
260 days $24XPRUSD new ath coming in 2025. Referencing the timeline from 2017 to predict the BTC outcome in 2025. If i was to assume everything will playout similar this time around in terms of relative price action we should see $24 XRP by summer of 2025. It really all depends on how far alts fall in this coming crash. We are still very much in a bull market. 260 days till the party is over.
$XRPI think CRYPTOCAP:XRP will find buyers at $1.40 accumulation level that is aligned with 62%FR and previous resistance now as support and possibly mark the bottom of this wave 4 correction phase
XRP TO $1.57XRP short potentially to $1.57, based on the current market conditions and the TA i have done i would expect XRP to reach this level.
XRP is correlated to BTC however it is slightly more delayed than other alt coins simply because of market cap being much larger so it takes longer for the market to move than others like SOL etc.
If BTC continues to fall in price then this set up would work very well. As you can see the SMA's on the 4hr have crossed over, we have also had a rejection of these indicators which confirms trend change.
I entered at $2.34 which was the rejection of the SMA's but also the rejection of the 61.8% fib retracement which is of course the golden ratio.
I would expect some consolidation & rejection around the $1.94 price as this is clearly a major key level so there will be some liquidity around this price which will cause relief and pull backs however if XRP breaks this level i would expect it to reach to $1.57
Again BTC's movement's will have a lot of influence on this trade so keeping stops tight and risk to a minimum of 1.5%, still a good potential RR of roughly 6.58
Inverse H&S still in Play with previous Similarities showing. GM & Afternoon Everyone! XRP 1h has been bouncing between the 2.17 & 2.19 supports. We may see XRP visit 2.59 then get rejected and find support around 2.47. Inverse H&S also still in play. We also are showing similarities between Nov 22 - 24 on the chart. I share what I see. Not financial advice. I do not have a crystal ball. Cheers & have a wonderful day!
Thanks,
-Higher_State
Inverse H&S still in Play with previous Similarities showing. GM & Good Afternoon Everyone! XRP 1h has been bouncing between the 2.17 & 2.19 supports. We may see XRP visit 2.59 then get rejected and find support around 2.47. Inverse H&S also still in play. We also are showing similarities between Nov 22 - 24 on the chart. I share what I see. Not financial advice. I do not have a crystal ball. Cheers & have a wonderful day!
Thanks,
-Higher_State
$XRP updateCRYPTOCAP:XRP doesn't seem to care too much about $Bitcoin.
If it is a repeat of the previous structure then I expect as the green line is drawn that we will make the run.
I am still a bit skeptical with MARKETSCOM:BITCOIN as I still see a possibility that it will go down a lot. I will upload another drawing about this.
For now, if we manage to maintain volume, I will follow this pattern and this is target 1. As soon as more later I will also upload the next target to take profits.
Have a nice Sunday for now!
Be kind to the world and each other!
update XRPstill valid for ABC correction any day now as it stands we are following c-wave down if the market flips up abc will be invalidated
XRP in positive consolidationXRP is consolidating as it tests key support levels. I created a bullish wedge at the beginning of December, and XRP broke above and below the wedge. On December 18, XRP broke below the upward trendline, signaling a price correction or a consolidation period that might drag out longer than expected. The On Balance Volume (OBV) shows that XRP faces high buying pressure, signaling positive sentiment to push XRP to resistance levels. The Chaikin Money Flow (CMF) shows that XRP spiked in buying pressure today at 0.43 (OBV) above the zero line, locking in positions that will keep XRP in the fight to consolidate around a price average of $2.42.I posted a Fib Retracement to indicate a buying zone if XRP breaks below support levels.
Fundamental analysis - In this idea, I'm looking at a more volume-based analysis for XRP because its exposure has been rocketing lately, bringing in new partnerships, institutions, and retail. The market has been bearish lately with its recent nose dive, but XRP looks to be handling it well.
Resistance - $2.90
Support - $1.70
Chart - 12hr
What will I be doing? Dollar-cost average.
Fear and Greed Index (CoinMarketCap) - Neutral 59
Bullish predictionMy main concern are the events that'll happen towards the end of January and all the way to April. I'm currently buying due to TA but as long as the events of 2018 do not repeat I'm strong on a buy. If they do repeat I am doing a hard sell left and right!
XRPUSD: Key Support Levels in FocusHello,
BITSTAMP:XRPUSD has performed better than anticipated, but a downside move towards the 1M PP remains likely. However, if the 1W support structure holds firm, it could signal confirmation for potential further upside.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
