Bullish Flag: XRP Bullish Flag BreakoutThis Bullish Flag pattern on the 4-hour chart indicates a potential upward breakout for XRP. After a strong rally, the price entered a consolidation phase, forming a flag-like structure. The pattern is characterized by a sharp move up (the flagpole) followed by a period of downward-sloping price action (the flag). The current price action shows that the flag has formed with significant support near the bottom of the flag, and a breakout above the upper trendline could signal the continuation of the bullish trend.
XRPBULLUSD trade ideas
XRP- Final months before the big moveHello,friends ! You're lucky you bumped into this chart,for real ! Save it,subscribe and follow it closely for updates. This will be my first and only chart ever posted.
I'm using XRP/USD (Binance chart) just for illustration purposes and bigger history,there's obviously only USDT pair on binance and not USD.
What is about to happen is something that actually happened before-huge move and a big multiplier expectancy. Life changing amounts!
Let me describe what i'm expecting to unfold.We are literally in last 2 to 7-8 months in multiyear enormous accumulation.
But first,here's explanation about all the lines on the chart:
-What you see on the chart with yellow and blue vertical lines are top of trend ranges.These ranges mark the diffrent stages of the accumulation cycle.
-Red boxes are first signs of weakness in the trend-or with other words-creation of failure levels.
-With light blue highlight marks you will see the confirmation of the failure zones.Very important areas where price tried to hold and regain levels ,but failed (1,2,3 numbers).
-The 2 purple horizontal lines are monthly trend reversal levels.If price close above them on multiple weekly candles or 1 month candle,we have trend reversal. So far,on current cycle,as you can see we are failing to gain them on weekly,just swept them.
You can have an understanding of such price movements, if you understand price action.
In the last cycle confirmed failure levels were 3-9 March ,on current one- Early to late July.Currently what i think we are close to is price accelerating up or down. From my chart i expect down and i will tell you why.
Last time when they released big news September-October 2016 the big players used it to leverage against retail traders and price dropped 50 to 65 % (depending on diffrent exchanges).
I think-the same is happening again with all the hype around SEC case.Just think for a second-how many retail investors bought the top above 0.80 $ again.Nowdays with all the leverage and degenerative behaviour,i can bet a lot of ppl longed with leverage and they need to be stopped/liq'd.
From the other hand,institutional investors are always betting against the average Joe. Price need to dump to stop everyone before the big move occurs.
The blue path line is what i think is most likely to happen.
I have 3 timelines for trend reversal move a.k.a moon- Either we do it September 10 to end of November 2023 or March/April 2024 or July/August 2024.
If the price drops under 0.41 cents ever again,make sure to start buying aggressively ,because thats where the big boys are buying(grey highlighted mark and hand).
-First buying range is 0.41-0.38
-Second buying range: 0.35-0.32
-Third buying range is sweeping the current low of 0.287 $ ,which is 20-25 % likely at the moment.
And finally,here's the overall picture- 3M chart:
Be prepared to buy if it drops to mentioned ranges. If we start pumping hard in next 4-5 weeks you most likely missed the low buying zones.
For the ones who already bought- Sell everything Q4 2025,don't ask me how i got the dates. For maximum profits you can divide your stack to 90-100 pieces and sell every day small amount,starting 1 October 2025 !
This is my gift to the community-there you go, now we wait...
XRP Price Analysis: Key Levels to Watch for the Next MoveXRP is currently navigating a key level near $2.45, with market participants closely observing its behavior around this region. The price action suggests a moment of consolidation, which could serve as a launchpad for the next decisive move.
A potential rejection around $2.45, followed by a bounce from $2.40 or higher, would indicate that bulls remain active, potentially driving the price toward $2.59 and then targeting $2.82. Such a scenario would confirm bullish sentiment and open up opportunities for further gains (Green Projections)
Conversely, a failure to sustain above $2.40 could expose the market to downside risks with slow down of the momentum, with $2.19 acting as the next significant intraday support.
A break below this level may accelerate bearish momentum, pushing the price toward $1.82 (Red Projection).
Traders should remain vigilant and consider multiple scenarios as XRP approaches these critical levels. Whether it continues its upward journey or faces a corrective pullback, the next moves are likely to define its medium-term trajectory.
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.
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.