#XRPUSD 1DAYXRP 1-Day Chart Forecast:
The XRP cryptocurrency is displaying strong bullish momentum on the 1-day chart, suggesting a favorable buy opportunity. The market appears to be in an **uptrend**, with price action consistently forming higher highs and higher lows, indicative of sustained buying interest.
Key elements supporting the buy forecast:
Uptrend Continuation: XRP is likely following an ascending trendline or breaking above recent resistance levels, signaling the potential for further upside.
Bullish Indicators: Momentum oscillators such as the RSI and MACD may be supporting the bullish outlook, with the RSI remaining in a favorable range and the MACD showing positive divergence or a bullish crossover.
Support Levels: The price may have bounced off a key support level, confirming the strength of the uptrend and providing a good entry point for buyers.
Traders looking to capitalize on the buy opportunity should consider setting stop-loss orders below recent lows to protect against unexpected pullbacks. Profit targets can be placed near key resistance levels or previous swing highs. While the uptrend is strong, it's important to watch for any signs of trend exhaustion, but the **technical outlook favors a buy strategy** for XRP on the 1-day chart.
XRP trade ideas
$XRP Escape PlanIt seems like the CRYPTOCAP:XRP is planning the escape from the prison through the roof of the #BearishTriangle.
Santiment: XRP's market cap has skyrocketed once again, growing by +23% in the past 24 hours. Wallets holding between 1M-10M coins on the XRP Ledger now hold an all-time high 7.06B coins ($4.42B), and the project's social media discussions are at their highest levels since January.
XRP, BUY/LONG 📈After creating a high on March 11 at 0.74500, XRP corrected violently, as did all crypto-currencies.
Nevertheless, we remain bullish on HTF.
Today, we've retraced into the OTE zone and recovered some liquidity.
So I'm going to focus on buying, with BOS at 0.6630 as my first target.
I think we'll see the price rise by around 10% over the next few days.
Feel free to give this post a boost if you like my analysis, and let me know what you think!
Happy trading :)
Patience. Wave E of E on Macro triangle may not be finished yet.XRP has been working on a macro contracting triangle for a few years now. Typically, one of the waves inside the triangle is also a triangle. I believe we have that here within macro Wave E. The smaller triangle may already be complete as there is a sharp (3-wavish) move on 30min that has already bounced from my zone.
I know XRP is a slow poke though, so I wouldn’t be surprised if it takes it’s time.
If it wants to continue breaking down, the green box is likely the best area for support before breaking out towards next major resistance around 50B.
XRP Bearish ☁️ Over the Next WeekEarlier this week, a New York court ruled that Ripple Labs must make its financial statements for 2022-2023, as well as other documents requested by the Securities and Exchange Commission (SEC) public by Feb 12. Ripple has now asked the judge to extend this deadline by eight days to Feb 20, court documents show. The SEC has accepted this request.
The price of XRP increased 2.2 percent to 51 cents over the past 24 hours.
ATTMO shows that Ripple’s XRP, Avalanche and Polkadot will face bearish clouds and downside risk in the short-term and medium-term horizon. However, a bullish sun will shine over Bitcoin, Ether, Binance Coin and Cardano in the next 24 hours and week, signaling upside potential.
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XRP since it has born - Forecast to 2026This is 6W XRP chart what you can see is a clear pathway of XRP.
Till May 2024 we will get 87% upward movement from orange level to blue level.
From May 2024 to Feb 2025 W we will have grueling correction from blue level to lower yellow triangle. In this wave XRP will lose 26% of it's market cap.
From Feb 2026 XRP will escape the flag and there will be a staggering surge in price at least 270%.
You can see this upward move from other point of view of my analytical ideas :
XRP Try to Break another Top This is one more update from me, As an XRP Trader I already made an entry from this Area, unless if break a red dot line I need to make an analysis. because this is my Stoploss area.
I predict a good uptrend price will be around the uptrend channel until meets 161.8% Fibonacci
for me, this is a wave C in the early stage this is a potential low price to entry buy. but what can I say this is my method to explore this market.
be careful of market sentiments need more alert on pump & dump.
what I can say XRP is now manipulated by a shark or internal dumper to stabilize the price and push the holder to dump and the whale will be pumped back. that is my opion .
DYOR
XRP ShortHi all, Its been a while, hopefully you are doing well, this is my third update for the XRP and since they already win a lot of cases and major bank now start to bought (XRP) and some of it still skeptical for this coin due to the circulation of this coin is maximum of 100B,
So this coin will be the medium to exchange from another coin to this (VS) because of the fee on their network is cheaper than any ALT coin out there, and easy to convert from what ever exchanger you used.
There also some stories regarding the QFS which is using the supercomputer to generate much better algorithm now, but i believed you should keep you hard earning coin into the physical wallet.
Thank you for following this idea and ill see you again on next march where the ALT season begin.