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XRPBEARUSD trade ideas

XRP/USD BULL FLAGS + FIBONACCI RETRACEMENT & EXTENSION XRP/USD Looks to be forming another Bull Flag. Last 2 Bull Flags (shown here with Green lines for the Flags and Blue lines as poles/pointers) ended in nice run-ups... Fib Retrace on Daily shows price action pulled right back into the Golden Pocket after hitting most recent ATH. Met strong support at Golden Pocket as expected, so I'd expect it to remain bullish as long as it remains above $1.8. To the upside, the Fib Extension shows Golden Pocket right at Prev ATH (obviously, since the retrace pulled back into Golden pocket on downside move), so this may be a strong resistance/rejection level, before XRP can breakthrough and run up to what I see as it's next important level - at $3.5. What are your thoughts here?
COINBASE:XRPUSDLong
by StrongLikeBull
1
XRP/USD (CB) Price Action followup Keeping an eye on this range within the Orange Elipse on the Daily chart. This is a follow up to the chart I posted 12/31... XRP price action seems to be forming a flag after run-up (Bullish). It did get rejected at top flag downtrend line, which also coincides with some Fib levels... BTW - These fib levels were drawn to represent the price values during the most recent run-up, but they do not represent any fib (or other) timelines... IMO - Still bullish above $1.8.
COINBASE:XRPUSDLong
by StrongLikeBull
$XRPUSD supports and resistanceBased on the support and resistance lines shown in the chart, I’ve been able to effectively accumulate more XRP coins throughout December. Using these lines, I’ve successfully sold almost every top and bought nearly every bottom, except for a couple of missed opportunities while I was asleep—and two times when I followed the hype, LOL. Overall, it’s been a highly effective strategy, and I’ve managed to accumulate a significant amount of coins.
BITFINEX:XRPUSD
by Samthecarpetman
3
XRP Price Update: Breakout or Fakeout?XRP is currently trading at $2.43 after breaking out of its falling wedge pattern, but there’s a twist it broke out with a red candle, which adds some uncertainty to the move. 1. Falling Wedge Breakout: **XRP just broke out of the wedge, a typically bullish signal, but the breakout candle closed red. This could mean the move isn’t gaining the momentum we’d expect at least not yet. 2. Resistance Ahead: **The next key level to watch is $2.90, which aligns with the projection of a potential upward spiral. However, the breakout’s strength is still in question. 3. Support Levels in Play: **If the breakout doesn’t hold, $2.00 or even $1.47 could act as critical support levels for a pullback before a stronger move. 4. Volume Watch: **Volume is still relatively low, which raises some doubts. A proper breakout usually comes with a significant volume spike. Keep an eye on how XRP behaves in the next few candles. A strong green candle with higher volume would confirm the breakout, while continued weakness could signal a false breakout and a pullback to lower levels. 💬 What do you think? Is XRP just catching its breath before a big move, or is this breakout losing steam? Let us know! 📊
COINBASE:XRPUSD
by CryptocurrencyWatchGroup
XRPUSD LONGFor me this is a technical trade setup based on the current market conditions however in hindsight of how XRP tends to pull back even during a bull run, I will practice cautions in how I enter the trade therefore I either for the pull-back towards 2.26 price or a breakout above the symmetrical triangle and then enter on the support retest. In the short term the price target is 2.84. Summary : Entry (Buy) - 2.26 or 2.48 After breakout Target = 2.84 Sound sleep with planned trades!!! Follow, Boost and let's Grow together.
BITSTAMP:XRPUSDLong
by ForeignCapital_fx
11
XRP, will history repeat?XRP and the Army. XRP will do nothing and could be considered a stable coin until it finally doesn't. Historically XRP does nothing without the rest of the market, they all follow bitcoin. When does the magic start? When the yellow line crosses the purple and the red, more specifically the purple. Until then, stable coin. I have that area circled in prior history. When it starts it should be 4 weeks of insanity then a correction and pause for approximately 8 months and a final 4 weeks of the final phase. That's the good news, the bad news is it might be well into 2024 and bitcoin will have to make new highs before XRP de-pegs it self from it's stable coin status. I have also added the TDI indicator on the bottom as it shows the bear market areas and bull market areas. I Have linked another chart that I made a few back on XRP and a lengthening altcoin cycle chart. I have picked long for XRP but I don't expect it anytime soon. The earliest would be late this year but most likely 2024. WeAreSat0shi Thank you
BITSTAMP:XRPUSDLong
by WeAreSat0shi
4