Xrpxrp ready to boost . first target is 8usd/xrp then will continue bullish till 35usd/xrp .Longby M1GoldTrading16
Technical Analysis of XRP: Upside Potential and Downside RisksCurrent data indicates that the XRP price is struggling to start a steady rise above the $0.50 level. The price needs to settle above $0.50 and $0.510 to gain upward momentum in the near term. The XRP price has started a slight upward move from the $0.4765 area. It is now trading above $0.4850 and the 100-hour Simple Moving Average. There is a short-term rising channel forming with resistance at $0.500. Losses extended below $0.50 before buyers emerged, as the price tested the $0.4765 level and recently started a recovery wave. The price faces obstacles near the $0.4980 and $0.50 levels. The main resistance coincides with the 61.8% Fibonacci retracement level of the recent decline from $0.5105 to $0.4765. If the resistance at $0.50 is surpassed, the price could move towards the $0.510 level. The next resistance is near $0.520. Closing above the $0.520 resistance zone might push the price to the $0.5320 level, and if this level is exceeded, there could be a steady rise towards the $0.550 resistance. Any further gains might drive the price towards the $0.5650 resistance. If the price fails to overcome the resistance area at $0.50, it may start to decline again. The initial support on the downside is near the $0.490 level and the channel area. The next main support is at $0.4840. If there is a breakdown and a close below the $0.4840 level, the price may gain bearish momentum, in which case, it could trade below the recent low at $0.4765 in the near term. We recommend closely monitoring the resistance levels at $0.50 and $0.510. If the price manages to surpass these levels, there might be a buying opportunity targeting the $0.520 and $0.5320 levels. On the other hand, if the resistance is not exceeded and the price fails to stay above critical support levels, it might be better to avoid buying until a clear rebound point is confirmed. It is also crucial to follow news and events that could affect the market in general and the XRP price in particular.by bbitar3
Bearish drop?XRP/USD is reacting off the resistance level which is a pullback resistance and could reverse from this level to our take profit. Entry: 0.4939 Why we like it: There is a pullback resistance level of 61.8% Fibonacci retracement. Stop loss: 0.5034 Why we like it: There is a pullback resistance level. Take profit: 0.4769 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 VantageMarkets117
Unveiling the Falling Wedge: XRP Short-Term Boon Unveiling the Falling Wedge: A Short-Term Boon on the 4-Hour Chart In the fast-paced world of day trading, identifying short-term opportunities is crucial. The falling wedge, a technical chart pattern, emerges as a valuable tool for traders seeking to capitalize on price movements within a specific timeframe. This article dives deep into the falling wedge, exploring its characteristics, how to identify it on a 4-hour chart, and strategies to leverage it for short-term gain. Understanding the Falling Wedge The falling wedge, as the name suggests, is a bullish reversal pattern. It's formed by two converging trendlines, with price action creating lower highs and lower lows, but at a decreasing rate. Imagine a wedge shape being squeezed from top to bottom, with the narrowing gap hinting at a potential price reversal to the upside. This pattern signifies a period of consolidation where bears (sellers) are gradually losing momentum. While the price continues to fall, the decreasing distance between the trendlines indicates diminishing selling pressure. Bulls (buyers) start to accumulate, anticipating a potential breakout and price increase. Identifying the Falling Wedge on a 4-Hour Chart The 4-hour timeframe offers a sweet spot for day traders, providing a balance between short-term volatility and clear trend direction. Here's how to identify a falling wedge on your 4-hour chart: 1. Trendline Construction: Draw two trendlines, one connecting the swing highs (peaks) and another connecting the swing lows (valleys). Ensure both lines are sloping downwards, forming the wedge shape. 2. Convergence: Observe how the trendlines converge as the price action progresses. The closer the trendlines get, the more likely a breakout becomes. 3. Volume Confirmation: While not a definitive indicator, an increase in trading volume accompanying the price move towards the wedge's apex (point of convergence) can strengthen the breakout signal. Key Points to Remember: • The duration of the wedge formation doesn't have a set timeframe, but longer wedges tend to have stronger breakout potential. • The tightness of the wedge (how close the trendlines are) also influences the potential force of the breakout. Tighter wedges generally suggest a more explosive move. • False breakouts can occur, where the price pierces the lower trendline only to fall back within the wedge. Proper risk management is crucial in such situations. Strategies for Short-Term Gain Once you've identified a valid falling wedge on your 4-hour chart, here are some strategies to exploit the potential short-term gain: 1. Breakout Entry: Enter a long position (buying) once the price decisively breaks above the upper trendline. This breakout signifies a reversal in bearish momentum and a potential price increase. 2. Price Target: Set your initial profit target at a level equal to the height of the wedge. Measure this distance from the breakout point and project it upwards. 3. Stop-Loss Placement: Place your stop-loss order below the lower trendline of the wedge. This limits potential losses if the price falls and breaks the support level. 4. Trailing Stop-Loss: Consider employing a trailing stop-loss as the price moves in your favor. This adjusts your stop-loss automatically, locking in profits while allowing for some price fluctuations. Additional Considerations for Success While the falling wedge offers a promising setup for short-term gains, remember that successful trading requires a holistic approach. Here are some additional factors to consider: • Market Context: Analyze the overall market sentiment and any relevant news events that might influence the price action. • Technical Indicators: Combine the falling wedge with other technical indicators like Relative Strength Index (RSI) or Moving Average Convergence Divergence (MACD) to confirm the breakout signal. • Risk Management: Always prioritize risk management by using appropriate stop-loss orders and position sizing. Understanding the falling wedge and the strategies discussed empowers you to identify potential short-term trading opportunities on the 4-hour chart. Remember, consistent practice, a balanced approach, and proper risk management are key ingredients for success in navigating the ever-evolving world of day trading. Longby bryandowningqln6
XRP is up to somethingXRP is holding stronger than most alts and is still consolidating between .5 - .45 range. It broke down from the wedge on the lower timeframes but is lacking power for a full breakdown. I'm seeing strong odds for a sudden unexpected up move. If it fails, it should proceed down to lower levels. XRPBTC is showing high bottom potential XRP.D is showing high bottom potential XRPUSD is showing a 5 year long pattern support But be warned, XRP is going to have massive movements up in the next few weeks/months. I'm fully convinced of this, even if we break down to wick a ridiculous low. Do not get fooled by XRP, it's going super bull soon. If we go up, the first target should be around $1.1Longby Gojira-sanUpdated 3314
XRP BreakOut or FakeOutIs XRP Ready To Break Out or is this a Fake Out? Long-Term HODL, Now Excited Once Again...Longby FinancialLiberties6
$XRP Ripple Respecting Rising Channel for 2years... What Next?CRYPTOCAP:XRP Ripple has been respecting this channel for 2years since June 2022 (Weekly Timeframe) Current price: $0.52 Ripple's price action is currently outside the Rising channel, Only two things can happen: 1. Price action can reclaim rising channel and move to higher prices with resistances: 0.63, 0.74, 0.85, 0.95 Or 2. #XRP can continue to break down to retest major support around 0.4Longby Ifiok-2sydesUpdated 5
Ripple Upside Breakout - Buy IdeaStrong positive momentum is driving the short-term cycle. Next big key level is 0.5482Longby BulletproofTradersUpdated 0
XRP ETF NEWS SOON (Fake probable)322 (369)XRP ETF NEWS SOON (Fake probable)322 (369) This is my numerological analysis that allows me to understand where the price can go, as for me now will be growth, follow the chart to find patterns, thanks to all space friends, I will soon start researching you and will complete the article. As they say space to groundLongby FTT_TRADER3696
Contrarian Investing: Profiting from the Crowd's Blind Spots In the ever-evolving cryptocurrency market, Bitcoin (BTC) and Ethereum (ETH) often dominate headlines and investment portfolios. However, savvy investors know that the best opportunities often lie where others aren't looking. In this post, we delve into the broader market trends and highlight some under-the-radar cryptocurrencies that could offer significant potential. A well-established strategy in the investment world is known as contrarian investing, which involves going against the prevailing market trends and investing in assets that are ignored or undervalued by the majority. Studies indicate that most investors often act emotionally, leading to overreactions to market movements. When the crowd panics and sells or becomes overly optimistic and buys, significant mispricings can occur, presenting opportunities for savvy investors. By investing in assets that are currently out of favor, one can potentially benefit from their eventual discovery and revaluation. This strategy requires patience, thorough market analysis, and strong risk management, as it often takes time for the market to recognize the true value of these investments. Historically, contrarian investors like Warren Buffett have demonstrated that long-term success is achievable by finding value in overlooked areas. **Satire** NFA i dont like xrpLongby BigBangTheory1111
The Silence before stormI don't know what will happen for xrp but there is a chance that we can see it in higher pricesLongby Muhammad_h_805513
DUMP These LOSER ALTCOINS (•_•)This post is not aimed at meme coins but instead at projects that were once titans in the crypto space, or coins that just didn't live up to their fundamental promise. I'm not saying you can't win with these coins, you can obviously win with any coin if you swing trade when there's volume. This post is more aimed at bag holding - and the future prospects of your investment. 1) HBAR Unfortunately, HBAR had a great idea but didn't succeed in securing market dominance. The other factor to consider here is that HBAR was never created to be a speculative coin, but instead to be used on the native blockchain in software solutions. Similar to XRP, this makes me wonder if the team just used the asset for liquidity to finance business projects. 2) XRP Ahh, Cripple. Love to hate it. This one needs no introduction. Foul play and forever unable to reclaim it's status as a trust-worthy asset. 3) LTC I've been bullish on Litecoin for a long time... perhaps too long. Made some profits on it, but I'm afraid the higher TP points aren't looking reachable any time soon. Similar to CRV, it's healthy to know when to jump a sinking ship. Both have evolved way past their original form and there is just no use case that could justify new ATH prices. 4) ADA I've said it before, and I'll say it again - I don't have faith in altcoins (NOT TALKING ABOUT MEME COINS) that lose more than 85% of their ATH. I'm more specifically referring to the titans/giants. Rugs these days could do -99% in a day - that's not what I'm looking at here. These were projects that boasted loud about their fundamental usecase and set ridiculous targets for itself. (Remember how Chris Larsen said XRP CAN'T be under $1?) Welp, he's not the only one that oversold his coin and took the market for a fool. 5) ALGO I'm divided on this one. Perhaps if you give it your best shot, you may still change my mind. But the chart looks terrible - nowhere near previous ATH and shows no sign of getting there any time soon, either. You can really see how these coins got left behind if you compare them with Bitcoin. Overlay any of these with the BTC chart, and you get something similar to this: Again, you could swing trade these - but bag holding and hoping for better days are counterintuitive to the fast-moving pace of cryptotrading. Make sure you follow to receive the latest updates! ______________________________ BINANCE:HBARUSDT BINANCE:XRPUSDT COINBASE:LTCUSD BINANCE:ADAUSDT COINBASE:ALGOUSD Shortby CryptoCheck-Updated 131322
XRP: FUTURE PIVOT POINTSTry to catch these pivot points TacTicTimeTraders is here to predict TIME for youby THE_ANONYMOUS_WINGMAN5
XRPUSD - Bull Dreams Price has been moving relatively sideways since the blast off in 2017 if you use these horizontal channels The circles placed is the middle of the structure within each horizontal channel. Assuming a great bull move to come this creates a similar structure to the pre 2017 XRP. Bullish XRPUSD on this Weekly timeframe by Bixley20
✴️ XRP | Zoom In (Mixes Signals)Hello my dear friend, it's been a few days since we last talked/shared and I am so very happy to be back with you today. I will do a more comprehensive analysis soon on XRPUSDT but first, let's focus on a close up of the chart. This is XRPUSD on the daily time-interval. I want to call to your attention recent price action; the last month and a half, since 13-April. ➖ Notice that trading volume continues to be low. ➖ I marked three candles/sessions on the chart with a down-red emoji. See how all these are bullish rejections; meaning, that the bears cancelled a bullish move. ➖ Notice the current session as a Shooting Star candlestick or Doji, still, strongly bearish. (This signal is confirmed only when the session closes. If the session closes much higher than the current price, this signal can be invalidated.) But, since short-term noise can be deceiving, we will have a fresh look at the weekly time-interval. Here we have some mixed signals. The bounce is on-going after mid-April but at the same time the main move is the drop that ended in the 13-April low. XRPUSD needs to move above 0.60 on the daily for this bearish chart structure to break but right now it continues aiming lower so we can step out, sit out and wait. Again... Follow my profile for the weekly update and we will both see what the chart has to say. I haven't seen it in a while but I can tell it will be the same. Namaste.Shortby AlanSantanaUpdated 39
XRP Price Danger Zone: Key Support Levels to WatchRipple's (XRP) price has seen a significant decline after failing to maintain the critical support level at $0.4840. This drop led the currency to fall to the $0.4750 level, raising concerns among traders about the possibility of further losses in the near future. XRP has faced strong selling pressure, causing it to trade below the $0.4880 level and the 100-hour Simple Moving Average (SMA). With continued bearish pressure, it has become essential to closely monitor key support levels such as $0.4740 and $0.470. If XRP manages to hold these levels, we might see attempts to regain some bullish momentum. However, breaking below these levels could indicate further declines towards the next support level at $0.450. This article will focus on analyzing the current situation of XRP's price, highlighting the important support and resistance levels that traders need to monitor carefully to protect their capital and avoid potential risks. Resistance Levels: First resistance level: $0.4820 Second resistance level: $0.4850 Key resistance level: $0.4950 Next resistance levels: $0.5050 and $0.5250 Support Levels: First support level: $0.4740 Second support level: $0.470 Next support level: $0.450 Current Trend: The currency is currently trading below the $0.4880 level and the 100-hour SMA. There is a downward trend line forming with resistance at $0.4880. Buying at Support: It is preferable to wait until the price reaches the key support levels ($0.4740 and $0.470) before making a buying decision, as these levels represent strong support points where the decline is expected to halt and the price might start to rise again. Buying at these levels can provide an opportunity to acquire the currency at a low price, increasing the likelihood of achieving profits when the price rebounds upwards. This way, risks are minimized, and the chances of benefiting from future upward movements in the market are increased. Taking Profits at Resistance: In case of a price rise, the mentioned resistance levels ($0.4850 and $0.4950) can be identified as areas to take profits. Resistance levels are points on the chart where the price is expected to face difficulty in continuing to rise, and it might stop or decline due to a large number of sellers willing to sell at these levels. Therefore, when the price reaches these levels ($0.4850 and $0.4950), traders can decide to take profits from the purchases made previously at the support levels. This helps secure their profits before the price declines again. It is important to monitor price movements around the $0.5050 level, as this level is considered a key resistance. If the price exceeds this level and stabilizes above it, it might indicate strong buying momentum and continued upward movement. In this case, the price is expected to rise towards the next resistance level at $0.5250, providing an additional opportunity for greater profits. Hence, monitoring price movements around these important levels can help traders make informed decisions regarding taking profits and managing their investments effectively. Risk Management: If the price breaks the $0.470 support level and closes below it, it might indicate further decline towards $0.450. In this case, stop-loss orders should be placed below the $0.470 support level to avoid further losses. Caution and effective risk management are crucial to avoid significant losses in case of any sudden market fluctuations.by bbitar3
XRP 6 YEARS ACCUMULATIONXRP, one of the leading cryptocurrencies in the market, has been in an accumulation phase for over six years. This means that investors have been steadily accumulating XRP, anticipating an increase in its value in the future. This process is typical in financial markets, where long-term accumulation can indicate growing interest and potential preparation for price growth. In the case of XRP, this accumulation may suggest strong confidence in the future success of this cryptocurrency, especially in the context of its applications in international financial transactions. by Laikremigiusz776
The XRP bull runXRP is currently at 25% of its bull run Long entry: 0.495 usd Take profit: 100 - 430 usd This is my personal opinion and this is not a financial advice! Good trading!Longby Matt3Franc3229
XRPUSD 1 year supportHi, welcome to my analysis. Today Ripple reach a very strong support level at 0,4706 This support create nearly 1 year ago at 13 July 2023, and as you can see, that sometimes ripple pump after touch this suport. If ripple able to hold bearish, my near term target at 0.6925 resistance with almost 50% profit projection.Longby AzrulAzir8
Ripple: SlumpedXRP slumped again last week. As before, we primarily expect a breakout to the downside. The coin should slide below the support at $0.2874 before it completes the magenta wave (c) and thus the blue wave (v). Only then should there be a trend reversal and a strong upward impulse. Should the price rise above the resistance at $0.9479 earlier, this will trigger our 37% probable alternative scenario. In this case, the magenta-colored wave alt.(d) is already underway. Shortby MarketIntel3
Bullish rise?XRP/USD has reacted off the support level which is a pullback support that lines up with the 161.8% Fibonacci extension and could potentially rise from this level to our take profit. Entry: 0.4875 Why we like it: There is a pullback support level that aligns with the 161.8% Fibonacci extension. Stop loss: 0.4755 Why we like it: There is a pullback support level. Take profit: 0.5078 Why we like it: There is an overlap resistance 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.Longby VantageMarkets2215
XRP/USD Quick trip to $0.24 before launch?XRP/USD pairing on the weekly remains locked inside a pattern, facing a potential dip or even wick to $0.24 area repeating past pattern before launching to all time highs. Could a potential black swan sink most markets enabling such a dip? You tell me… by Spiggy725338
XRP will highly likely go to 6-8 USD soonI have to say that I almost finished my analysis but somehow my page got refreshed and it got lost.. So I will summarize what I wanted to say: Pattern recognition is important and are (magnified) copies, and following signs are bullish: * Compare the blue and pink rectangulars * we are hovering above the 200 ema * if we have a break-out of the pink rectangular, we will probably hang below the yellow descending trendline * If we break-out we will most likely see very rapidly ATH or 3-3.2 usd First bullrun around end of 2017 was around 1600% which will be repeated from this level 0.48-0.5 usd.. which results in a level of around 8 usd or exactly the 2.618 FIB level ! I might think a 3th wave will pass the 3 usd level to come back as support in a 4th wave and meet the 6-8 usd in a 5th wave. On a macroeconomic scale it looks all clear and the graph is quite clean for a run-up after a long 6 years consolidation! I think there is much momentum made as we didn't have a ATH in previous bullrun after covid. So the potential is enormous as XRP has a decent bottom and support around the 0.3-0.5 usd level. Also remember when there was a crash in USDT several years ago..everyone ran into XRP which was quite atonishing. It is somehow a reserve currency and could take out ETH in the a second spot which it did already briefly in jan. 2018 ! I foresee a bullrun like end 2017 with a start after 2nd quarter, so end of June this year... which will have a peak again at the end of this year.Longby WolverinosUpdated 6659