XRP UPCOMING MOVE(RIPPLE)
The reason for this trade is it's forming a very good pattern with a support of my personal moving average.
XRPBEARUSD trade ideas
XRP has a crazy chartI don't invest in XRP, but I just thought I'd share how interesting its chart is since the start. I'd like to say I'm bullish for XRP holders, but who knows.
BREAKOUT OF FLAG - HODL! $3.00 SOON As illustrated, price has respected the HODL area after breaking out of the bullish flag.
BTC's break to ATH has helped the general uptrend in the industry, and XRP continues to follow.
It was necessary to have had an accumulation phase the last couple of weeks. It comes to show that the market just made a stop in the uptrend.
Unless there's a break to the downside with significant volume and strength closing below $1.500, then XRP should continue to hold the psychological price of $2.000 .
Should momentum continue this whole week, we could see XRP reach $3.00 in the next few days, and potentially ATH above it by the end of the year and into 2025.
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GOOD LUCK!
XRP's Bullish Outlook: Flag Pattern Signals New Potential TargetXRP, the native cryptocurrency of the Ripple network, has been making significant strides in the cryptocurrency market. The recent price action has formed a classic bullish continuation pattern, known as a flag pattern, which suggests that the token may be poised for a substantial rally towards the $15 price target.
Understanding the Bull Flag Pattern
A bull flag pattern is a technical analysis chart pattern that indicates a potential continuation of an uptrend. It consists of a sharp upward move, followed by a period of consolidation, which resembles a flagpole and a flag, respectively.
In the case of XRP, the sharp upward move occurred earlier this year, and the subsequent consolidation phase has formed the flag portion of the pattern. If the price breaks above the flag's resistance level, it could signal a resumption of the uptrend, potentially leading to a significant price increase.
Factors Driving XRP's Bullish Momentum
Several factors are contributing to XRP's bullish outlook:
1. RLUSD Stablecoin Launch: The imminent launch of Ripple's RLUSD stablecoin is a major catalyst for XRP's price. This stablecoin is expected to increase the utility of XRP within the Ripple ecosystem, driving demand for the token.
2. Institutional Adoption: Ripple's growing partnerships with financial institutions around the world are boosting the adoption of XRP. As more institutions integrate XRP into their payment solutions, the demand for the token is likely to increase.
3. Positive Market Sentiment: The overall positive sentiment in the cryptocurrency market is also benefiting XRP. As investors seek out high-potential cryptocurrencies, XRP has emerged as a strong contender.
4. Technical Analysis: The bullish flag pattern and other technical indicators suggest that XRP's price could continue to rise.
Potential Risks and Considerations
While the bullish outlook for XRP is promising, it's important to consider the potential risks:
• Regulatory Uncertainty: Regulatory challenges, particularly in the United States, could impact XRP's price.
• Market Volatility: The cryptocurrency market is highly volatile, and sudden price swings can occur.
• Economic Factors: Global economic conditions, such as interest rate hikes and inflation, can influence the cryptocurrency market.
Despite these risks, XRP's strong fundamentals, coupled with the positive market sentiment and the upcoming RLUSD stablecoin launch, position the token for significant growth in the coming months. Investors should conduct thorough research and consider consulting with financial advisors before making investment decisions.
XRP back in the channel I posted previously. Keep an eye peeled.Only coin with regulatory clarity. I'll take a billion. Almost ready to Blow off as we are at market cap. No CAP. Moon mission as the bearable bull always says.
Monthly candlestick could close above $1.7754The monthly japanese candlestick could close above $1.7754 that is a key level drawn by the monthly ssb + the monthly kijun sen + the monthly tenkan sen.
If the price closes above this level then it could strongly go upn with a possibility to reach $3.5505 (ATH).
$XRP broke the pennant violentlyCRYPTOCAP:XRP broke the pennant violently.
As long as we keep this, the wave structure remains intact and we can start a new wave.
For now the most important point to keep an eye on is to break around 2.60.
Now let's show Bulls and look for the 3.90 we are entitled to.
Be kind to the world and each other!
XRP: Bullish MomentumBINANCE:XRPUSD took support from daily Anchored VWAP. Buy Entry executed on daily chart.
Note: Green Yellow Candle. It is Buy Signal triggered on daily candle close. Following candle is confirmation candle. As it broke the high of Green Yellow Candle entered long with stop loss. Use trailing stop loss to manage your position.
XRPUSDT IDEAHi , this is my take on XRP
It feels that the same pattern will go again but now with a bigger move.
This is not a financial advice trade at your own risk.
XRP Reborn | Bullish Momentum | Positive Fundamentals BINANCE:XRPUSD Buy Entry executed on daily chart.
Note: Green Yellow Candle. It is Buy Signal triggered on daily candle close. Following candle is confirmation candle. As it broke the high of Green Yellow Candle entered long with stop loss.
$XRP Here me out!I'm not necessarily saying it's going to happen. But the pattern seems to repeat itself.
Are we going to expect a spike and will we first get a big shakeout before we set off for the new ATH.
Let's see.
Be kind to the world and each other!
XRP downtrending channel capturing the current correctionXRP downtrending channel capturing the current correction after the big run up to 2.8 from 0.5.
$XRP is not here yetFor now, CRYPTOCAP:XRP doesn't seem to have broken its streak yet. Although it previously seemed so.
For now I remain positive that we will see the breaking. Although I do not hope that Bitcoin is now in a channel and is expected to correct somewhat. This also takes CRYPTOCAP:XRP down.
If CRYPTOCAP:XRP will drop more, it means that, as we saw with Doge, we are out of the bullish pennant and we still need to get more volume to come back.
For now we can only celebrate that MARKETSCOM:BITCOIN has broken its ATH again and that the Altcoins will soon follow suit.
Be kind to the world and each other!
What about this crazy idea? Can't even believe it myself..Just plotted both XRP and BTC in log scale, scaled to match the previous tops.
Then I extrapolated these tops to the future and voila, as simple as that!
XRP to $6.82After the break out from triangle pattern headed to the fib reversal target 141 as the first stop.
XRP $4.70-$5.00 by early Jan25?Hey y’all
I’m no expert but this looks like a bullish pennant pattern formation. If so, my hopium eyes state we should end consolidation in another week and start pumping into a Santa Rally towards a new x2 ATH. Fingers crossed🤞 Merry Christmas & Happy New Year everyone!
XRP not out of the woods yet.The correction in XRP after the big run up is still ongoing. A move back above 2.52-2.54 will sign a potential strength ahead, until then at least one more leg down is what I expect to occur.
XRP/USD Analysis: From Explosive Rally to New Bullish SetupAfter breaking above the critical $0.65 resistance, XRP/USD surged dramatically, reaching a high near $3, close to its 2017 all-time high (ATH). As expected, a correction followed, but the bulls stepped in decisively at the $2 zone, halting further declines and establishing a strong support level.
Currently, XRP/USD is trading within a bullish flag pattern and appears to have broken above the pattern's resistance.
If this breakout holds, it could signal the beginning of a new leg higher, with a measured target around $3.70.
My preferred strategy in this scenario is buying dips, with a clear invalidation point if the price falls and stabilizes below the $2 support level.
XRPUSD All the way to upside . Target 3.2Based on trend and momentum lift. XRP volume increasing and on 15 min time frame we can see the break out of the trend line.
XRP to $40+ this cycle!?If XRP copies previous 2017 bull market cycle timeframe in this cycle it would top above 40$ in around September 2025. In 2017 it took 10 months from start of bull run to the ATH.
$XRP Bullish above $2.35, bearish bellowThe price of CRYPTOCAP:XRP surpassed the descending resistance line at $2.35 and could be heading towards higher levels if the level holds.
XRPUSD: Key Support at 2.3159 for Upside or Bearish MoveHello,
BITSTAMP:XRPUSD has experienced more support than expected at the 1W support level. If the 1D support at 2.3159 fails to hold, we could see further downside. However, if it holds, there may be potential for upside. At this stage, a bearish continuation seems the most likely direction, though we shouldn't completely rule out the possibility of the opposite happening.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
XRP Short Term retrace to $1.95 level before ATH MOON SHOTLeg 2 of this bull run will be very exciting. Im watching to see XRP drop to the $1.95 area prior to high volume and volatility to the upside. Looking to break ATHs ($3.49).
