RETARDIO XRP BULL ABOUT WINPrice Discovery Activated: XRP will shatter this double top, propelling itself into uncharted territory.
There is no roof on this house..
Retardio Bull about to make it..
#XRP #BULL #CRYPTO #RETARDIO
RIPPLE trade ideas
XRP's Biggest Rally Since 2018 as Futures OI Reaches All-Time HiXRP, the digital asset associated with Ripple Labs, has experienced a remarkable surge in price, reaching levels not seen since January 2018.1 This impressive rally is accompanied by a surge in trading volumes and a record high in perpetual futures open interest, signaling strong bullish sentiment among investors.2 This resurgence comes even as the U.S. Securities and Exchange Commission (SEC) continues its legal battle with Ripple, filing an appeal in their ongoing case.3 This article delves into the factors driving XRP's bullish momentum, the significance of the record futures open interest, and the potential implications for the cryptocurrency's future.
XRP's Price Surge and Market Performance
XRP's recent price action has been nothing short of spectacular. The cryptocurrency has broken through key resistance levels, achieving a seven-year high and demonstrating its strongest performance since the 2018 bull run.4 This surge has propelled XRP's market capitalization to impressive levels, even surpassing that of some traditional financial institutions.5
Several factors contribute to this impressive price appreciation. Positive developments in Ripple's legal battle with the SEC have instilled confidence in investors.6 The anticipation of clearer crypto regulations in the U.S. and the overall positive sentiment in the cryptocurrency market have also played a role.
Record Futures Open Interest: A Sign of Strong Bullish Sentiment
One of the most compelling indicators of XRP's bullish momentum is the record high in perpetual futures open interest.7 Open interest refers to the total number of outstanding derivative contracts, such as futures and options, that have not been settled.89 A rising open interest suggests that new money is flowing into the market and that traders are taking on new positions.10
In the case of XRP, the record open interest in perpetual futures indicates a strong belief among traders that the cryptocurrency's price will continue to rise.11 This metric is particularly significant because perpetual futures contracts do not have an expiration date, allowing traders to hold their positions indefinitely.12 The willingness of traders to maintain long positions in XRP perpetual futures underscores their conviction in the cryptocurrency's long-term prospects.
On-Chain Data and Trading Volumes
In addition to futures open interest, on-chain data provides further evidence of XRP's robust market activity.13 On-chain metrics, such as transaction volume, active addresses, and network growth, offer insights into the underlying health of a blockchain network.14 Positive on-chain data for XRP suggests increasing adoption and usage of the cryptocurrency.
The surge in trading volumes across various cryptocurrency exchanges further supports the narrative of strong bullish momentum. High trading volumes indicate increased liquidity and investor participation, which can contribute to price stability and further upward movement.15
XRP's Resilience Amidst SEC Appeal
XRP's impressive rally is particularly noteworthy considering the SEC's ongoing legal battle with Ripple Labs.16 The SEC's decision to appeal a court ruling in the case has introduced uncertainty into the market. However, XRP's price action suggests that investors are largely unfazed by this development.
This resilience can be attributed to several factors. The initial court ruling was seen as a partial victory for Ripple, clarifying the legal status of XRP in certain transactions.17 This clarity has provided a degree of reassurance to investors. Additionally, the cryptocurrency market has matured significantly since the SEC's initial lawsuit, with increasing regulatory clarity and adoption in various jurisdictions.18
Potential Challenges and Future Outlook
Despite the strong bullish momentum, XRP still faces potential challenges. The ongoing SEC case remains a source of uncertainty, and an unfavorable outcome could negatively impact the cryptocurrency's price.19 Regulatory developments in other jurisdictions could also introduce volatility.
However, the overall outlook for XRP appears positive. The cryptocurrency's strong fundamentals, increasing adoption, and growing institutional interest suggest that it has the potential for further growth.20 The record futures open interest and positive on-chain data indicate strong market confidence.
Conclusion
XRP's recent price surge, accompanied by record futures open interest and robust on-chain data, signals its strongest bullish momentum since January 2018.21 The cryptocurrency has demonstrated resilience in the face of ongoing legal challenges, and its market performance suggests growing investor confidence.22 While potential challenges remain, XRP's future outlook appears promising, with the potential for further growth and adoption in the evolving cryptocurrency landscape.
XRP’s 1day 50ma about to push XRP price out of the nestWe can see the orange 1day 50ma has now rise up to the bullflag xrp has been consolidating in since its big pump and is ready to shove xrp’s priceaction u out of the nest so it can learn to fly to the next target. I’m gonna go out on a limb here(no pun intended) and make an educated guess that XRP will achieve a new all time high before February. That’s not financial advice obviously but that’s how confident I am in the current market conditions I’m seeing. Let’s see if my guesstimate comes true.
Possible pattern in XRP cup and HandleI am expecting cup and handle pattern in XRP, Wait for price to retrace fully, once the retracement is done, wait for W or small cup and handle pattern in 30 min time frame.
They go for it :-)
Keep learning and Keep earning
GK trade Manthan
HISTORY REPEATS?Could we see a big impulsive move on XRP? Seems like there is a reoccurring pattern happening after major news are released. Last BIG IMPULSE was from the result of Ripple labs winning the case against the SEC. Recently, they also approved the Spot ETF for bitcoin, that reflects very positively on the market. In my opinion, the effect of them winning the law suit hasn't even happened.
XRP BULLISH - Retesting Support Before Moving Up On Weekly TFXRP recently ripped through multi-year resistance and is re-testing a major support level at the $2.00 level. This is perfectly normal and should be expected.
It looks like support is holding and XRP is going to bounce upwards. In this case, expect a move towards it's all-time high near the $3.30 area.
TP at $3.30 would be approximately a 50% move upwards from here!
$XRP target updateOn x last week I made a call to buy CRYPTOCAP:XRP directly.
Almost hours after my call, #XRP broke out and is currently trading in a good pattern.
I have mentioned my targets before, but again the same goal. My first target is around the amount of $3.5 in the green box.
We may see a sideways movement and in that case we may see a new bull run to the 2nd box around the amount of $6.
For now, hit the first box first and see what we do next.
Be kind to the world and each other!
Xrp the most hated part 2.Xrp has been trading in what appears to be a bullish pennant. But if this bullish pattern where to fail it would fastly fall into the low $1 range. Being that Bitcoin has topped for the year, we may see lower prices for Xrp. Losing $1.98 would send Xrp into a dizzying fall. In the other hand if it were to hold it would outperform Bitcoin targeting $3.89. Good luck to all and happy trading.
$XRP NEAR TERM TARGET $4Strong breakout on the daily. Price has been in a bull pennant consolidation. Based on the measured move into the pennant, my near-term price target is $4. Could go substantially higher if crypto in general has a strong push this year.
XRPUSDIn my previous anaylysis on XRP, I explained why this coin is going to the moon. My first target has been completed, i still expect a further push to $3.00 after i see a breakout confirmation on $2.00 level, stay tuned.
XRP - I think there is more value to be collected here?Hi guys, today we are starting off with XRP/USD - After the great run which we had we found some consolidation around this level where the price has been moving sideways. Now currently from a technical overview we see how this level became the new Resistance level, while the previous resistance line became support area. So my entry is from this area until 3.00 I am entering this trade with 10,000XRP
Entry: 2.45
Target 3.00
As always my friends happy trading!
P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my community so you can follow up with me in private!
Why is XRP ranging? I was expecting this range and i told you in my previous idea. But why? XRP is a news coin, that pump and dump following the news about the legal case. There are lot of rumors now about a settlement. The actual price is a range zone, where we have volumes and liquidity. That's why i was expecting a range here. Probably, here orders are accumulating and retails will short, while whales will manipulate the price once again before pumping the price. I expect a legal resolution this year, and a new ATH
BTW, it's always me, ex CFG, just decided that a rebrand was needed
When to sell XRP?Finally we made it. I was accumulating XRP for years and now we can talk about selling it. I still remember when i was calling new ATHs last few months, and here we go. But, when to sell XRP? Not now, not yet. I will start to sell above $5.5, that is my final target for this cycle.
XRPUSDHello friends
In the Ripple digital currency, we are witnessing the formation of a 5-wave bullish pattern.
Of course, this pattern can also be a zigzag with wave C extended!
But we assume 5 bullish waves.
Currently, waves 1 to 4 have formed and we are waiting for wave 5 to form.
If the price moves upwards from the 2.35 range, our hypothesis will be confirmed and we can enter a buy trade and set the stop loss at the 2.25 range. The price target can also be the 2.57 or 2.67 range, depending on the extension of wave 3.
But if it breaks down from the range, it will drop to the 2.14 range.
Good luck and be profitable.
XRP DAILY ANALYSIS Wed.Jan.15.2025XRP Bias, Historical Price Action moment explained in a simplified manner
Not Financial Advice
$4 XRP Just A Matter Of Time? XRPUSD Higher Time Frames Are Key!XRPUSDT Are you in?
$4 XRPUSD looks inevitable, the flag pole duplicated on the weekly chart gives a clear an in SeekingPips opinion an obvious next major upside target.
Don't be that guy or girls who in later years says I would have should have could have.
SeekingPips still says any price sub $5 will still be a bargain when we look back at todays prices in 5-10 years time.
XRP Poised for Breakout Triangle: $3+ Target in Q1This chart highlights a well-defined triangle pattern, with the first resistance level established at the yearly high of $2.90. Following this peak, the price entered a consolidation phase within the triangle, marked by repeated tests of the descending resistance and key support levels. This setup often signals a buildup of momentum before a major move.
With the recent breakout above the descending resistance, XRP is poised to start the year strong. A retest of prior resistance levels as support is likely, which, if confirmed, would pave the way for a significant upward move. Breaking above $2.90 would propel XRP into a new price discovery phase, where gains could accelerate rapidly. (We've seen this before, lots of FOMO!)
Adding to the bullish outlook, XRP has also gained attention as Ripple's CEOs recently met with Trump. With the Trump administration set to officially return on January 20th, expectations for a favorable regulatory environment could further fuel market optimism. My target for XRP remains to surpass $3 in Q1, potentially marking the start of a strong rally and new highs for the year.
XRP heading into resistance...Let's see what will happen XRP looking strong as crypto market begins another leg of rally? This is the big question on traders minds. Should I load up? Maybe is always my answer. I have a method that is multi step and unique to my skill-set/trading style. That being said, a weekly close above the$3.50 area will initiate a small long position.
The tech itself is interesting and a solid replacement for global transactions similar to the SWIFT system. The potential for business use cases is astounding. US regulation is the only thing stopping its adoption. Interesting future regardless of USD price
Crypto comes with massive risks so be prepared to loose all your funds. It will happen! There was this one time when I bought $11,000.00 worth of LUNC (Terra) on 05/15/2022. Thought the bottom was in and loved the tech. Today, its worth $20...This is not investment advice. I just LOVE charts. Trade safe
XRP breakout imminent?XRP broke this daily flag cpl days ago, now it needs to take out previous high $2.90 ish. Looks like it will break with Prez inauguration. Gas on fire!!
(XRP): Bearish Pressure in Play, Key Levels to Watch🔥 XRP’s Strategy:
🩸 Short: Below $2.45, targeting $2.20 (If support fails, expect a deeper pullback).
🩸 Long: Above $2.60, aiming for $2.80 (A breakout above this resistance could trigger a bullish reversal).
🔥 XRP’s Commands:
🩸 Resistance: $2.60 — A key resistance zone. If breached, the trend could reverse upwards.
🩸 Support: $2.45 — A critical support level. A breakdown could lead to further downside.
Market Context: XRP is facing significant selling pressure as it continues to stay below the resistance at $2.60. Watch for confirmation at the $2.45 support level. If this level holds, there might be a potential for a bounce towards the resistance zone. Failure to hold $2.45 could trigger a deeper pullback to lower levels.
👑 "Success comes to those who act with clarity and precision—seize the moment." — FinCaesar
THOUGHTS ON XRP/USDXRP/USD 4H - I am loving the price action I am seeing at the moment on crypto, price is really respecting these areas of Supply allowing us to buy in at some great prices.
I have been buying into XRP more and more over the course of the past two months whilst price has been accumulating, preparing for the next big pump to the upside.
You will see above that price has been trading down and into these areas of Demand, clearing liquidity and then trading us higher, we are now seeing price break previous highs which gives us the confluence of a new bull run.
I do have a higher timeframe Demand Zone marked out lower if price does decide to take a deeper correction allowing us to really buy in at a cheap price but the market is yet to show signs of diving that low.
XRPUSDT.PWe've hard our Bearish BOS.... Signalling Possible Internal Pullback, M15 switches bearish to fercilitaed 4hr Swing Pull Back after a 4hr BOS. I decided to take the trade by looking at the following Confluences: It's well priced (Extremely Premium Price and last level of supply zone to Cause the BOD) 2) It's a strong high that causes the internal BOS
3) It has both leg inducement and now is building Pullback liquidity right in front of the POI 4) It's a great R:R
N:B ous High time frame Swing range is Bullish, we just anticipate a pullback after BOS, that's the reason why The medium time frame for me which M15 switches bearish to fercilited the pullback, so you have to be aggressive with your Profit target... Don't target too far cause at any moment we can also shift Bullish internally.
As always Not a financial advice, always DYOR. It's just my own perception.
RIPPLE - Sell Idea (Shrot-term)The failure to break above the key -level resistance at $2.58 coupled with the attempt to break below the key-level support at $2.43 is a strong indication that the ripple wants to extend this current downside move. We're jumping onboard with a new bearish campaign, targeting the next big support of $2.2720.
