XRP multi-year retrace is over. $15 price targetI posted a video on XRP which goes into the detail. This is the weekly macro chart. XRP has finally finished its multi-year retrace. All up from there. I have a $15 price target based on a triangle thrust measurement in log scale. Video link belowLongby gz1968Updated 23
XRP multi-year retrace is over. $15 targetXRP has finally completed the wave 4 of a multi-year triangle. Now it will begin a massive impulse. I've always expected XRP to reach at least $10. I could see it spiking up to $20 or $25. The target from the thrust measurement of the triangle (log scale) gives $15. So perhaps that will give you ideas. People who are giving targets in triple digits - they are crazy. Do NOT hold this coin when the crypto market ends, because the bear market for XRP will be long and extensive.Long08:08by gz19682213
XRP at a Crossroads.As of the latest data, XRP is trading at $0.4460, experiencing a 4.97% increase in the past 24 hours. Despite this, the weekly performance shows a decline of 5.31%. The trading volume in the last 24 hours is substantial at 760.385M, indicating significant market activity. With a market cap of $24.847B and a circulating supply of 55.723B XRP, the market shows signs of both volatility and potential opportunity. Relative Strength Index (RSI): The RSI stands at 37.8782, indicating that XRP is approaching oversold conditions but not quite there yet. This suggests a potential rebound if the selling pressure eases. Stochastic %K: At 33.3602, this oscillator confirms that XRP is in the lower range of its recent trading, again hinting at potential oversold conditions. Commodity Channel Index (CCI): A value of -174.1943 signals a strong oversold condition, suggesting a possible correction or reversal in the near term. Momentum: With a value of -0.0235, the momentum indicator is slightly positive, suggesting some underlying bullish sentiment despite recent declines. Moving Averages Analysis Short-Term Averages: Both the Exponential Moving Average (10) at $0.4577 and the Simple Moving Average (10) at $0.4624 indicate a bearish trend as the current price is below these levels. Long-Term Averages: The Exponential Moving Average (200) at $0.5349 and the Simple Moving Average (200) at $0.5503 also indicate a bearish outlook, as the current price is significantly below these long-term averages. The recent candlestick patterns indicate a bearish trend, with the latest candles showing lower highs and lower lows. The Ichimoku Cloud analysis reinforces this, with the price currently below the cloud, suggesting continued bearish pressure. Key Levels and Pivot Points Support Levels: S1 at $0.4439 and S2 at $0.4126 are crucial support levels. A break below these could accelerate the downward trend. Resistance Levels: R1 at $0.5194 and R2 at $0.5636 are significant resistance levels. A move above these could indicate a bullish reversal. Recent news indicates regulatory pressures and market uncertainties surrounding XRP. This external factor is likely contributing to the bearish sentiment and increased volatility. Price Prediction and Trading Strategy Given the current indicators, market conditions, and news impact, the short-term outlook for XRP remains bearish. Here is a speculative price prediction and trading strategy: Price Prediction: XRP could potentially drop to the S2 support level at $0.4126 in the short term. However, if market conditions improve, a rebound towards the R1 resistance at $0.5194 is possible. Trading Strategy: Short Position: Consider shorting XRP if it breaks below the S1 level at $0.4439 with a target of $0.4126. Place a stop-loss at $0.4624 to manage risk. Long Position: If XRP shows signs of reversal and moves above the $0.4624 level, consider entering a long position with a target of $0.5194. Place a stop-loss at $0.4439 to protect against downside risk. XRP is at a critical juncture with significant bearish indicators and external pressures. Traders should exercise caution, use appropriate risk management strategies, and keep an eye on key support and resistance levels. The next few days could be pivotal for XRP, making it essential to stay informed and ready to act based on market movements. by AxiomEx2
XRP update in weekly chart Hello I published my idea about XRP few weeks ago but now I just want to share another scenario that might be possible. Please always trade with you confirmations or you will be sadly surprised. For now I guess we should just focus on these confirmation/Invalidation levels. Thanks by AMA_FXUpdated 669
What's the red line? XRPIt's not a secret that i hold a discrete bag of XRP. And i am holding it at least till a new all time high (this year?). Now, i want to show you what the red line. I added a volume profile for the whole chart of XRP, since the beginning. As you can see, the red line is where the price was traded the most (to simplify) and has generated the highest volume. Price is back again on this level (around 0.39) and majority of trades are long. This is, matematically, a strong, strong level. I expect that if something will happen, it's from there. And a flash dump, it's exactly need to generate a massive, flash pump. Support me with a like and share my ideas, thanksLongby SaliJournal2213
XRP Price Analysis: Support and Resistance LevelsXRP has recently experienced a significant decline, breaking below crucial support levels, notably $0.4240 and $0.4150. The price reached a low of $0.3826 before beginning a recovery wave. Despite this recovery, the price is still trading below the $0.4250 mark and the 100-hourly Simple Moving Average (SMA). Key Levels to Watch Support Levels: Immediate support at $0.3900 Major support at $0.3850 Potential further support at $0.3620 if the price continues to decline Resistance Levels: Immediate resistance at $0.4050 Significant resistance at $0.4150 (aligned with the 50% Fibonacci retracement level and a key bearish trend line) Additional resistance at $0.4220 Higher resistance at $0.4380 and $0.4450 Technical Indicators Trend Line: A key bearish trend line is forming with resistance at $0.4150 on the hourly chart. Fibonacci Retracement: The price faces resistance at the 50% Fib retracement level of the recent decline from $0.4467 to $0.3862. Analysis The XRP/USD pair is currently consolidating losses and may struggle to break above the $0.4150 resistance zone. The presence of a bearish trend line and the position of the 100-hourly SMA indicate a bearish sentiment in the market. The immediate recovery above $0.4050 may face strong resistance at $0.4150, beyond which $0.4220 acts as the next significant hurdle. If the price fails to breach these resistance levels, it might witness another downward movement. Breaking below $0.3850 could lead to further declines, potentially targeting the $0.3620 support level. Recommendation Given the current market conditions and technical indicators, the following recommendations are made: For Current Holders: Monitor the $0.4050 and $0.4150 resistance levels closely. Consider reducing positions if the price fails to break above these levels and shows signs of further weakness. Set stop-loss orders below the $0.3850 level to mitigate potential losses in case of a continued decline. For Potential Investors: Exercise caution and wait for a clear breakout above the $0.4150 resistance before considering new positions. A sustained move above this level could signal a potential recovery towards $0.4220 and higher. Alternatively, look for buying opportunities if the price approaches the $0.3620 support level, provided there are signs of stabilization and reversal from that point. For Short-Term Traders: Consider shorting positions if the price struggles to break above $0.4150 with a target around $0.3850 and a stop-loss just above the trend line resistance. Be prepared to switch to long positions if a clear breakout above $0.4150 occurs, targeting the $0.4220 and $0.4380 levels. Conclusionby bbitar4
XRP. Will the old analysis work out again?!Last time I posted this analysis we made more than +1000% . Lets see if the old analysis will do its work once again. First buys can be placed at the TAP of the trendline just in case we don't go lower so we don't miss out on anything (playing smart) Be smart ;) Longby Matko_MJUpdated 228
XRPUSD - Still BullishI think XRPUSD will break out bullishly of this triangle drawn and form a large W pattern with the previous 3 dollar high I want to see a rally like the one seen in 2017 Daily chart but better to view this as a longer term buy. by Bixley1119
XRP Bullish Symmetrical Pattern Breakout: Potential Gains Ahead!XRP Ledger's native digital currency, XRP, operates on an open-source, permissionless, and distributed ledger that settles transactions in 3-5 seconds. It can be sent directly without needing an intermediary, making it a convenient instrument to bridge two currencies quickly and efficiently. Currently, there is significant potential seen in XRP, as it is forming a bullish symmetrical pattern over a long time frame. This pattern emerged after the downtrend starting on December 25, 2017, which lasted until 2020. During the 2021 bull run, price movements were within this pattern. It is expected that in the 2025 bull run, XRP will break this pattern’s resistance, leading to substantial gains. This pattern is likely to be completed in 2024 or 2025. XRP has a maximum circulating supply of 100 billion tokens, with approximately 55.69% of the supply currently circulating. The alt season is anticipated to begin around Q4 2024 or Q1 and Q4 2025, bringing substantial volume across the market. XRP has the potential to provide significant gains, with strong support currently at $0.4496, from where a substantial upward movement is expected. If this support level breaks, the next strong supports are at approximately $0.2474 and $0.22, where a bounce is likely. As the alt season is approaching, we expect market volume to start increasing post-October 2024, leading to noticeable market momentum. It is crucial to exit the market around Q1 or Q4 2025, as the bull run and alt season are expected to end around this time, with prices potentially near these resistance levels. Calculations indicate that XRP's bull run targets could reach a minimum of $11.56. If XRP flips the $11.56 resistance by Q1 2025, we might see maximum targets around $14.02. Prices tend to pump unexpectedly during alt seasons, and similar volatility can be expected again. However, it is important to keep trades active while observing resistance zones and to exit long positions around Q1 or Q4 2025. For more analysis like this, follow us on TradingView to stay updated with our latest ideas. Share your thoughts in the comments, and let us know if you would like an analysis of any specific coin or project. We are here to provide you with detailed insights to help you make informed trading decisions.Longby Houseofcryptokings13
$XRP - Looking like it wants to runThe regression channels on this one are very interesting from it's first run up, to it's second run up, to it's current state. It looks like it's maintained a fairly decent chart after it spiked and fell so hard. Now it consolidated itself into the bullish channel of it's downard regression channel. Main signal for me is my fancy tradingview indicators showing a bullish reversal is happening even if for a temporary moment.Long02:44by mike-ai-automation4
XRP Investment Strategy: Capitalizing on a Bullish TrendXRP is currently experiencing a bullish trend, trading above $0.4720 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line with support at $0.4760, indicating a potential upside break if it can surpass the $0.4840 resistance zone. If successful, the price may target the $0.4880 and $0.5050 resistance levels, with further potential to reach $0.5120 and beyond. However, if XRP fails to clear the $0.4840 resistance, it might decline towards the $0.4765 and $0.4740 support levels, potentially falling to $0.4640 if these supports fail. Given the current bullish trend and potential for upside movement, consider the following investment strategy: Entry Point: Buy XRP if it closes above the $0.4840 resistance level, indicating a potential breakout and continuation of the bullish trend. Short-Term Targets: Aim for profit-taking at $0.4880 and $0.5050, with a possibility to extend to $0.5120 and $0.5250 if bullish momentum continues. Stop-Loss: Place a stop-loss order below the $0.4740 support level to mitigate risk in case of a downside break. Monitoring: Keep an eye on the $0.4840 resistance level. If XRP fails to break this level and shows signs of weakness, consider a more cautious approach or partial exit to protect your investment. This strategy balances the potential for gains with risk management, ensuring you can capitalize on the bullish trend while minimizing losses in case of a reversal.by bbitar2
XRP/USD Main trendMain trend. Logarithmic chart. Timeframe 1 month. Channel. Triangle. This time frame to understand the direction of the trend and where the area to trade is now. Found the chart with the longest trading history, which displays the main trend. Coinmarketcap: XRP Same parameters, but on a line chart. by SpartaBTCUpdated 222280
XRP to the underground or to the moon !what do you think about the XRP price chart? There were worst scenarios on Technical Analysis that happened on chart due to the manipulation of price by Ripple on Exact moments to hurt the Retails by some Twitter and Youtube influencers. In conclusion, I think price will have another correction to the $0.30 Zone, then the market structure identify the next move. what is your ideas ? good lock Retail Traders. by Iconic_Trader_3
XrpUsd - Rally back to previous resistance (+100%)?BITSTAMP:XRPUSD is one of the most interesting cryptocurrencies for potential setups in the near future. For a couple of years now, XrpUsd has been trading in a symmetrical triangle trading pattern. Always when XrpUsd retested support in the past, we simply saw a very nice rejection away towards the upside. And as we are speaking, XrpUsd is once again retesting such a confluence of support from which we could see a rally towards the upside. Target is the previous resistance of the triangle pattern. Levels to watch: $0.491, $0.911 Keep your long term vision, Philip - BasicTradingLong03:09by basictradingtvUpdated 5542
XRP CrabXRP crab harmonic pattern to the 0.62 range, just the beginning of a very bullish next few months for xrpLongby MartyG-OD337
Ripple Potential DownsidesHey Traders, in today's trading session we are monitoring XRPUSDT for a selling opportunity around 0.47300 zone, Ripple is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.47300 support and resistance area. Trade safe, Joe.Shortby JoeChampion2
The roadmap to $365 XRP in the next two years.If the fractal pattern in XRP continues, you can expect to see something similar to the following. Many will enjoy counting their MILLIONS, but others will be counting BILLIONS! Enjoy the ride!Longby MetaShackle141448
XRP Price Likely to Fall Again: Understanding The Key DriversXRP's price has been falling continuously below the $0.480 level, similar to what happened with Bitcoin and Ethereum, dropping below $0.4650 down to $0.4620. The price formed a low at $0.4619 before it recently began to recover. The price saw a noticeable upward movement above the $0.4700 and $0.4720 resistance levels, even surpassing the halfway mark of the Fibonacci retracement for the recent downward wave from $0.4885 to $0.4620. However, sellers are still active around the $0.4780 area, defending the 61.8% Fibonacci retracement level of the same downward wave. There are also significant downtrend lines forming with resistance at $0.4770 on the hourly chart for the XRP/USD pair. Currently, XRP is trading below $0.4800 and also below the 100-hour simple moving average. From the upside, the price faces resistance near $0.4770, with the first major resistance near $0.4800. If the price successfully surpasses the $0.4800 resistance, it may head towards the $0.4885 resistance. The next significant resistance is at $0.5050, and a close above this area could push the price higher. The following main resistance is at $0.5250, and any additional gains might direct the price towards $0.5500. On the other hand, if XRP fails to overcome the $0.4800 resistance area, it could start recording more declines. The initial support on the downside is at $0.4685, and the next significant support is at $0.4620. If there is a downward break and close below $0.4620, the price might gain bearish momentum. In this case, the price could trade even below the $0.450 support in the near future. Recommendation... Sell or Buy? Based on the data and XRP price movements and current resistance and support levels, the market seems headed towards more short-term selling pressure for several reasons. One is that XRP faces solid resistance at $0.4800, and its repeated failure to exceed this level indicates weak upward momentum. Another reason is that XRP trading below the 100-hour moving average suggests a short-term downward trend. Therefore, if XRP fails to break the resistance level and starts to decline, this might increase the selling pressure, making selling a reasonable option to reduce losses or avoid larger drops. However, it's beneficial to monitor the market for some time to see if XRP can break the resistance and confirm an upward trend before making a decision. Remember, managing risks and setting acceptable loss limits is crucial in cryptocurrency trading due to its high volatility.by bbitar3
XRPUSD Is it dead or ready to rise parabolically?The XRP (XRPUSD) has been closing below both its 1W MA50 (blue trend-line) and the 1W MA200 (orange trend-line) since the week of April 08. At the same time it is testing the bottom (Higher Lows trend-line) of the Triangle structure that started on the January 01 2018 All Time High (ATH). In relative terms, it appears to be similar to the Triangle that started after the December 02 2013 High and broke-out to the upside on March 20 2017. Its 1W RSI is at 40.00, low enough historically to be considered a long-term buy opportunity. Technically, the next time it breaks above the 1W MA200, it has higher probabilities of initiating the parabolic rise towards this Cycle's Top. If not, we're afraid that the XRP army will need a need narrative to hang on to, as the long-term pattern would have failed them. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇by TradingShot101070
Bearish drop?XRP/USD has just reacted off the resistance level which is an overlap resistance that lines up with the 61.8% Fibonacci retracement and could drop to our take profit. Entry: 0.4759 Why we like it: There is an overlap resistance level which aligns with the 61.8% Fibonacci retracement. Stop loss: 0.4859 Why we like it: There is a pullback resistance level. Take profit: 0.4637 Why we like it: There is a pullback support level. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.Shortby VantageMarkets119
xrpusdt still bearish The XRPUSDT chart continues to exhibit a bearish trend as we approach the monthly candle close with six days remaining. Currently trading near the $0.41-$0.43 zone, a close below this critical support level could signal further downside movement. If the price fails to hold above this threshold, the next significant support lies around $0.29. In such uncertain market conditions, it is crucial to remain patient and observe the market dynamics rather than letting emotions drive decisions. Avoiding the "moonboy" mentality, we must rely on technical analysis and be prepared for potential further declines.Short04:43by Bongy-ggs3
Ripple - Sell IdeaShort-term downside reversal is underway. Price action hits a strong resistance at 0.5161. A move back down to 0.4677 is very likelyShortby BulletproofTradersUpdated 553
Ripples Breakout and Potential RetraceHey Traders, in today's trading session we are monitoring XRPUSD for a buying opportunity around 0.48050 zone, XRP was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.48050 support and resistance area. Trade safe, Joe.Longby JoeChampionUpdated 2222