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XRPBEARUSD trade ideas

XRP WAVE COUNT BASED OFF ELLIOT WAVE RULES. This is the wave count. Zigzags upward aren’t always waves and you can’t nilly willy use EWT to make what looks good a wave count. 1. Wave 1: The first wave is the initial move in the direction of the new trend (up in a bull market, down in a bear market). 2. Wave 2: The second wave is a correction that retraces part of Wave 1 but never moves beyond the starting point of Wave 1 (e.g., in an uptrend, it doesn’t drop below the low where Wave 1 began). 3. Wave 3: The third wave is typically the strongest and longest, moving in the trend direction, and it must extend beyond the end of Wave 1. It cannot be the shortest of Waves 1, 3, or 5. 4. Wave 4: The fourth wave is another correction that retraces part of Wave 3 but cannot overlap with the price territory of Wave 1 (e.g., in an uptrend, Wave 4’s low doesn’t drop into Wave 1’s high). 5. Wave 5: The fifth wave is the final move in the trend direction, completing the impulse, and it must extend beyond the end of Wave 3. Key Notes • An impulse wave consists of 5 waves: 3 trending waves (1, 3, 5) and 2 corrective waves (2, 4). • After a 5-wave impulse, a corrective phase follows with 3 waves (labeled A, B, C) moving against the trend. • These rules apply strictly to impulse waves; corrective waves have more flexibility but follow their own guidelines (e.g., zigzags, flats, triangles).
COINBASE:XRPUSDLong
by CW23
XRP BULL FLAG FORMING, BREAKOUT IN JUNE Continuation of original theory. Xrp bounced nicely off bottom of forming triangle and is now working back to the top of the range within said triangle. Puts us at June before we see any real price action… A break below $1.89 invalidated the triangle. A break above $3 needs to retest and bounce higher before we can confirm we are out of the range. I believe we are in a wave 4 pullback and wave 5 will be the final rally for this alt season around $4-7 dollars. NFA DYOR.
COINBASE:XRPUSDLong
by CW23
XRP Completed wave 2 early call?Hello friends, Just wanted to post this and potentially call the end of the wave 2 correction of the Major Wave 5. It's possible we have completed this sideways combo. Finishing with a zigzag to finish the Y wave. If we go any deeper it may be actually a larger correction hitting to mid $1.5 ish.. I don't expect that to happen. It would be on the lower probability end. Lets see how everything plays out with the count. I did a small buy at $2.02. Have some more funds on the side just in case we go lower. GOD BLESS and TRADE ON MATT
BITSTAMP:XRPUSD
by schu3269
2
XRPUSD: 3 months of pain before next rally?XRPUSD turned bearish on its 1D technical outlook (RSI = 39.468, MACD = -0.103, ADX = 44.297) as it has essentially lost almost all of February gains. This is a sign of strong weakness on the short term but on the long run and the bigger picture on the 1W timeframe, it looks more like a typical consolidation phase during a Bull Cycle. More specifically, based also on the 1W RSI fractal, it looks like the June-November 2017 consolidation before the final peak at the end of the year, which was on the 2.618 Fibonacci extension. We expect a maximum of 3 more months of pain, but these levels are already an excellent buy opportunity as it is. Long, TP = 10.000. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:XRPUSD
by InvestingScope
3
XRP - WHAT HEAD AND SHOULDERS?XRP has gained a lot of attention by influencers who claim the chart forms a head and shoulders top. logic tells me to do the opposite of any influencer or news headline. what's a more optimistic pattern than the dreaded head and shoulders? perhaps a bullish consolidation wedge? XRP's chart is full of bullish flags and symmetrical triangles. if one focuses on not just a pattern, but a common pattern (very meta indeed), there seem to be common points where rays can be projected. it just so happens those rays in my opinion show me the consolidation range, breakout point, and retracement level before confirmation and continuation. anyone else see what i see?
KRAKEN:XRPUSDLong
by GTEMZE
2
I now believe this is the beginning of the Bull RunI now believe this is the beginning of the Bull Run. This will be the final attempt to shake everyone out before it goes up I say this because I have a DOT on the bottom of one of my price bars on the 4-Hour chart which indicates this is going up. What you now see here is $1,009 per every line on 3x to the upside so I'm buying in on xrp 3L $1,009 per line as it drops in price I'll add the money and if it hits the very bottom line I will max out I do believe this is going up from here!
BITSTAMP:XRPUSDLong
by WizardOfRealms
9
XRP BEFORE & AFTER@XRP Weekly-Monthly Analysis / Retracement...Weekly - Monthly trend: Bearish Chart Pattern: Head & Shoulders (H&S) - Bearish Continuation Pattern Bearish Candlesticks signals: HANGING MAN (Bearish, Single Candlestick pattern) / Weekly Timeframe / 09 DEC 2024 BEARISH ENGULFING (Bearish, Double Candlestick pattern)/ weekly Timeframe / 27 JAN 2025 TWEEZER TOP (Bearish, Double Candlestick pattern) / 1 Day timeframe / 20 FEB 2025 FALLING THREE METHODS (Bearish, five-fold Candlestick pattern) / 1 Day timeframe / 07 MAR 2025 Retracement Fib Price Levels: 0.00% (3.4000) 23.60% (2.6879) 38.20% (2.2474) 50.00% (1.8914) 61.80% (1.5353) 78.60% (1.0284) 100.00% (0.3827) Good prices for buy (the lower the better): 61.80% (1.5353) – Golden Zone / Golden Pocket 78.60% (1.0284) – Entry Zone Between 78.60% (1.0284) and 100.00% (0.3827) is the Risk Zone, which we have the Neckline of the ‘’ Quadruple Bottom Pattern ‘’ at the price range ‘’ 0.6291 – 0.7850 ‘’ I am having buy limit at 0.78500 on the neckline of ‘’ Quadruple Bottom Pattern ‘’.
COINBASE:XRPUSDLong
by JohnA97