XRP we lit
XRP: Bull Flag on 1-Hour Chart
XRP is currently displaying a classic bull flag pattern on the 1-hour chart, signaling potential bullish continuation. After a strong upward move, the price has entered a consolidation phase, forming a downward-sloping channel.
Key observations:
Bull Flag Formation: The initial sharp rise resembles the flagpole, followed by the flag—a descending channel indicating healthy consolidation.
Volume Analysis: During the flag formation, volume has decreased, which is typical for this pattern. A breakout accompanied by increasing volume could confirm the bullish scenario.
Resistance and Support Levels: The upper boundary of the flag around acts as resistance, while the lower boundary at provides support.
Moving Averages: The price is currently above the , reinforcing the bullish sentiment.
Potential Breakout: A breakout above the flag’s upper boundary could see XRP targeting , aligning with the flagpole's length projection.
Watch for a confirmed breakout with increased volume to validate this setup. Always keep an eye on broader market sentiment and any fundamental news that could impact XRP.
XRPBEARUSD trade ideas
#XRP Lets see if this count plays out. This is contrary to #EWT by counting wave structures inside of the triangle, but once again I think the founders misunderstood these structures. I will take my maverick stance on triangles until proven otherwise. This is not a 3-3-3-3-3 wave formation within this triangle. Hence expect a nested series ending expanding triangle that will end this bull run. So I will hold until I see 3 attempts to breakout but fail to hold the new highs. The bulls will keep rallying from the same level of support until exhausting occurs x3. Then I will be on the short side of this trade. #Crypto #Cryptocurency #trading #Elliottwave #techicals
XRP Set to Explode: The Bull Run Everyone’s Been Waiting For!XRP is showing strong potential for a significant rally, supported by positive fundamentals, Ripple's ecosystem growth, and a clean technical setup. Here's why this trade looks highly favorable:
1. Pro-Crypto Momentum from U.S. Administration 🏛️
The incoming U.S. administration, led by President-elect Donald Trump, has introduced a clear pro-crypto agenda:
Regulatory Clarity: Plans to promote crypto-friendly policies that enhance adoption and innovation.
Strategic Support: Positioning the U.S. as a global leader in blockchain and digital assets, bolstering investor confidence in major cryptocurrencies like XRP.
This shift in the regulatory landscape is a bullish catalyst for the broader crypto market, with XRP positioned to benefit significantly.
2. Ripple's Ecosystem Expansion 🌐
Ripple continues to drive adoption and utility for XRP through innovative developments:
Native Smart Contracts: Expanding XRP's functionality to support decentralized applications and enterprise use cases.
Stablecoin Integration: Enhancing XRP's role in cross-border payments and decentralized finance (DeFi).
These advancements solidify XRP’s position as a leader in utility-driven crypto assets, attracting both retail and institutional interest.
3. Technical Setup: Bullish Flag Formation
On the 2-hour chart, XRP/USD has formed a textbook bullish flag, a continuation pattern signaling further upside:
Entry: Buying now at $3.01.
Take Profit Levels:
TP1: $3.22
TP2: $3.50
TP3: $4.00
4. Broader Market Sentiment 📈
Bitcoin’s Rally: Bitcoin surpassing $100,000 has brought bullish momentum to altcoins, with XRP following suit.
Analyst Predictions: Short-term targets for XRP are at $4.50-$5.25, fueled by both technical patterns and market optimism.
What’s your take on XRP’s potential?
Are we about to hit $4.00 and beyond? Share your thoughts in the comments below!
Climbed as Predicted and New Reversal ProspectiveXRP had been climbing up as we predicted on January, 7. Hit $3 increasing XRP's confidence of being rocketing to another higher price. Now, it creates a new opportunity buying position as it didn't have enough strength to close in the previous resistance point at 2.8986 and break below the critical area of Fibonacci 0,5 / 0.618. Although XRP is mostly news-driven, it is among the most valuable altcoins. A prudent approach would be to consider entering a position only if the price remains above the 0.382 Fibonacci retracement level. This level provides a significant support area, and maintaining a price above it suggests a strong underlying bullish trend. Entering below this level increases the risk of encountering further price declines.
I suggest you deep dive into any news about XRP to increase your conviction toward it.
Disclaimer: This analysis is for general information purposes only and does not constitute financial advice. Investment decisions should be made based on an individual's specific financial situation. The author is not responsible for any investment losses
XRP Longs ONLY XRPUSD BUYS - Daily Bull Flag Still Good?🟢You know by now SeekingPips is looking for any opportunities to add to our XRP holdings.
🟡Yellow line is current line in the sand.
Needs to hold $3 otherwise an equal move down on this timeframe still leaves the Daily Bull Flag Valid.📈
📉LIKE, BOOST & SUBSCRIBE NOW 👍
XRP Under Heading for Sub $3???My first TA lol Please critique it and help me get better lol
If price is currently near the upper green line and gets rejected (i.e., it fails to close above it on strong volume), it’s likely to turn downward and test the lower boundary again.
Since the channel is angled downward, each new low within that channel may be lower than the previous low. This trend is sometimes referred to as “lower highs and lower lows.”
If this pattern stays intact, a drop under $3.00 is feasible, especially if the overall market sentiment is bearish or if broader crypto conditions aren’t favorable.
It’s important to note that predicting an exact time (like “by midnight”) is highly speculative. While chart analysis can outline probabilities, markets sometimes move faster or slower than anticipated—or do something entirely unexpected.
GENSLER'S EXIT AND TRUMPS INAGURATION! XRP IMPACT🔥 Hey hey, hope everyone's doing well today. Sure most of you are busy so I'll keep this short and concise. Thanks for tuning in as always.
🔥 With the exit of the SEC's Gary Gensler tomorrow as well as trumps inauguration in which many are anticipating, expecting trump to execute a series of executive orders, primarily in regards to the digital asset industry as he's voiced his support of cryptocurrencies and America holding a dominant position in the field.
🔥 Alongside trump's Inauguration we have Gary Gensler's exit which the crypto and digital asset industry is celebrating and no doubt that will be met with positive sentiment tomorrow alongside trump's inauguration. In lieu of Gensler's exit the SEC has also seen a number of ETF submissions highlighting what many are looking to as a positive road ahead for the digital asset space as many expect the SEC will take a kinder stance to the digital asset space now with Trump as soon to be president and Gary Gensler out of office. Referenced below is an article highlighting the recent ETF submission for any interested.
cointelegraph.com
So definitely expecting prices to be volatile tomorrow, anything can happen but as far as I can see, things look positive, it's been years in the work, but things are working well for Ripple and it's holders. We've persevered and the wait will be well worth it.
🔥 And as for a quick technical look, we're still within this descending channel so I'll be keeping an eye on that to see whether or not we can get a breakout or if we'll continue the trend down though with how tomorrow is looking, chances are we'll have a green day to say in the least. I've attached a 30 minute chart below for reference as well:
🔥 Have to go but as I said, a short and concise idea. Expect tomorrow to be volatile with news and positive sentiment likely driving the market so keep note of that and keep posted as always, let's make the best of it and thanks for tuning in, till next!
~ Rock '
Bull Flag The Moment We've all been waiting forNo description needed. This "Coin" is about to revolutionize money. HODLING since .24. 2021. Can't wait until XRP is $10,000. This is a once in a lifetime opportunity. Grateful to be witness to this space and what is about to happen on inaguration day 2025. Bye Bye Gensler.
XRP Mirrors 2017 Bull Run, with a 52% Pullback Coming?XRP's last true bull market was in 2017, and the current cycle seems quite similar. Both started with several years of triangular consolidation before breaking out.
During the previous cycle, XRP retraced to Fib 0.786 after hitting Fib 1.
This time, it’s showing a slight pullback after reaching Fib 1 as well.
Every coin has multiple potential scenarios, and one possible script for XRP is retracing to Fib 0.786 after touching Fib 1—implying a potential correction of at least 52%.
However, the real bull might ignite after this pullback, with targets possibly reaching $26 (Fib 1.618, as seen in the last cycle).
Feel free to share your perspectives—I’ll cover other potential XRP scripts in the future!
Immediate term[1/17/2025]I would love if it rallied further to 5$ and beyond but I have been trading for too long to just assume everything as I please. You trade what market gives you.
It is still not out of the question that Bitcoin will come crashing down and drag everything along with it. I am feeling Bullish personally but that doesn't mean anything. I know there are many people who compare the current situation to 2017, but you should know that it is already different. As they say, history doesn't repeat itself but it often rhymes. Both bulls and bears have valid arguments, we are at the crossroad pretty much.
Bitcoin and crypto market in general is still heavily correlated to the NASDAQ and other major indexes so we will see what happens there.
There is always time to observe.