$XRP long XRP in the FVG and low inside Channel , Can give a good profit in long . stop loss is 2% and targets on the chart you can see . please respect to capital managment
XRPBULLUSDT trade ideas
Ripple Strong Macro Chart 💰 #Ripple Strong Macro Chart
If some did not notice CRYPTOCAP:XRP just made a strong breakout above the Monthly Supply Zone🔥
Imo it's looking extra bullish🐃
We have all chances CRYPTOCAP:XRP will be 2-digits this cycle🚀
🎯1 Target - 5.365$
🎯2 Target - 8.623$
🎯3 Target - 10$
XRP: TARGETING $3🚀 XRP: TARGETING $3 – THE BULLS ARE IN CONTROL! 🐂
XRP is displaying clear bullish intent as it moves strategically toward key levels, offering a prime opportunity for those aligned with the bulls.
📊 What’s Happening?
We’re currently eyeing the 2.5100 Fair Value Gap (FVG) on the 4H chart, a key zone that XRP seems determined to fill. The price action suggests that after reaching the previous daily high, we could see a minor retracement or accumulation phase before resuming the upward march.
🌀 The $3 Milestone in Sight
If this scenario plays out as expected, XRP’s next significant move could see it breaking into the $3 range. This aligns with its broader uptrend and increasing market interest, setting the stage for a continuation of bullish momentum.
🔥 Why the Bulls Are Confident
The current structure and flow are favoring buyers, with XRP maintaining its composure even during pullbacks. A minor retracement or consolidation phase around key levels will only solidify its base for a stronger push upward.
👉 Are you ready for the next leg up? XRP is sending a clear signal to join the bulls as it marches toward $3 and beyond.
What’s your outlook? Share your thoughts below! 💬👇
Daily XRP - Crash or ConsolidationTaking a look at the daily XRP chart we can see that XRP remains above the long term upper channel resistance where it remains heavily in the over bought territory on the monthly time frame. Take a look at our Monthly XRP chart idea below for more on this.
Back to the daily XRP chart, we can see that XRP has been forming lower highs and lower lows, a classic sign of a the bulls failing and the bears beginning to take over.
We can see that the Fibonacci Retracement, drawn from the most recent high - the all time high price of 2.904, down to the most recent low of 1.908 (which also happens to be inline with the long term channels upper resistance level) has seen a retracement and rejection of the 0.764 Fib which sits at 2.6678. From here, as per the Fibonacci's expectations we would presume that the first target would be the -0.272, or any of the other Fibonacci extension levels which line up with relevant support levels - highlighted by the blue box.
Monthly XRP Analysis:
If we look at the above Monthly XRP chart we can see that for the month of December 2024 the RSI is still in overbought territory, after reaching the highest "over bought" RSI reading in XRP's entire history. Usually, after such an overbought month, XRP finds its way back down heavily before consolidating for a number of months within a tight range.
Therefore we would expect to see XRP fall heavily, back within the Long Term Channels range. However, it is possible that XRP could continue with this lower high, lower low formation on the daily whilst remaining outside of the Upper Channels Resistance level. It would have to do this for the period of December, and perhaps January and February too before it could potentially set another All Time High - this is because we need to allow XRP either the time for its RSI to come back within a neutral level, or XRP will force its way back into this neutral zone and thus bring it back into the long term channels range.
Right now, it can be bought upon retests of the upper channel resistance (with a very tight stop) and sold/ shorted upon the formation of a new lower high - if attempting to scalp theses movements. Personally, we would recommended waiting to see whether or not XRP wants to come back within the channels range over the next couple of months and if so, look for a much lower long entry once it comes back into range.
The long awaited XRP pullbackHello, traders!
I’ve got some great news. From now on, I’ll be reviewing coins that my readers are most interested in — specifically, the most popular and trending ones in this cycle. And the first one on the list is XRP.
Considering BTC's ambitious targets for 2025 and the potential for significant regulatory shifts, XRP is just beginning its journey...
The price has found support at the $1.9 level, forming a zigzag correction. The retracement targets have been met, and XRP could continue reaching new all-time highs. However, due to the overall market weakness, the risk of a double zigzag remains. Given this, it’s reasonable to start building a position with the possibility of averaging down in case the price revisits local lows.
Recent News --> Following the bull run triggered by news of SEC Chairman Gary Gensler's potential resignation, we’ve received fresh updates about the New York regulator approving Ripple's stablecoin, RLUSD. Ripple CEO Brad Garlinghouse confirmed the development today, adding that the company will soon announce exchange listings and partnerships for the asset.
If you enjoy this new format, please support the idea and leave a comment.
XRP | RIPLLE | XRPUSDT on Monthly breakoutBINANCE:XRPUSDT
XRP | RIPLLE | XRPUSDT on Monthly breakout
xrp on the verge of monthly breakout ,
bullish if monthly closing/opening above 0.618
monthly resitance on closing basis - 0.7107
1.4/2.2 tgt if stay above 0.7107
XRP GETTING WEAK. BE CAUTIOUS Just wanted to point out a few things on xrp. First off it’s had an amazing run. Gotta give it that. But nothing goes up forever. Greed takes over and big boys will always take their profits.
Xrp volume is consistently going down lately. Strength is starting to show signs of weakness and rolling on over soon. We are at 95 on the rsi 5 day here. Price going up as volume falls is a sign of divergence as well. All signs lead to a reversal soon.
Be careful out there guys. Happy trading, and God bless all.
XRP/USDT Latest UpdateXRP/USDT Latest Update
As shared in my previous idea, XRP has already seen a 12% increase from the levels mentioned. However, for the short-term outlook over the next few days, I expect XRP to potentially drop below the 2.40 level.
Please note, this is not financial advice. Always do your own research (DYOR).
Good luck with your trades!
XRP Flag Setup XRP price broke out of the flags descending channel hitting a high of 2.72 .
This high coincides with the 0.786 fib resistance level as well as the supply zone between 2.55 - 2.6490.
I'm expecting bears to push the price back down to the 50% level at 2.1 from here before triggering the long entry to 3.5 .
XRP - hit TP. Where to take new trades?XRP - hit TP. Where to take new trades?
Long we can take in 2 cases
1st - pullback to POC 2.4
2nd - new range and VAL as our entry
Shorts only after NEW high
10$ xrp is right around the corner, Send IT!!!there are so many good events all happening at the same time for XRP indicating a macro money bullish rally xrp is on its way to replace Eth for #2 spot.
Ripple's RLUSD Launch: A Catalyst for XRP's AscentRipple has launched its stablecoin, RLUSD, which has immediately spurred a notable increase in XRP's price. This launch not only marks Ripple's strategic expansion into the stablecoin arena but also positions XRP for potential new highs, catalyzed by both technical and fundamental advancements.
Fundamental Impact:
RLUSD's Design and Utility: RLUSD is designed to be fully backed by US dollar deposits, US government bonds, and other cash equivalents, ensuring stability akin to traditional currency. Monthly third-party audits further enhance its credibility and transparency, making it a trusted bridge between fiat and crypto. Its multi-chain support allows for broader adoption and integration, particularly in cross-border payments and DeFi applications. This aligns with Ripple's vision to improve the efficiency of global financial transactions, thereby directly benefiting the XRP ecosystem.
Enhancing XRP's Ecosystem: The introduction of RLUSD is seen as a vote of confidence in CRYPTOCAP:XRP and the XRP Ledger (XRPL). By providing a stablecoin that complements CRYPTOCAP:XRP , Ripple aims to increase the liquidity and utility of CRYPTOCAP:XRP , potentially attracting more institutional investors wary of cryptocurrency volatility. The stablecoin's launch is expected to integrate more seamlessly into Ripple's existing payment solutions, enhancing both the XRP Ledger's utility and Ripple's service offerings.
Regulatory Approval: RLUSD has received approval from the New York Department of Financial Services (NYDFS), adding a layer of regulatory compliance that could further legitimize Ripple's operations and XRP's use in broader financial systems. This approval is pivotal for Ripple's expansion in the regulated US market, a move that could set a precedent for other stablecoins.
Technical Analysis
Price Movement: Following the announcement and launch of RLUSD, CRYPTOCAP:XRP has seen a significant uptick, with its price jumping to $2.66, marking a 12.61% increase in the last 24 hours. This surge has pushed XRP past critical resistance levels, breaking a wedge pattern and setting sights on $2.65 and $2.91 as the next possible resistances. The high trading volume accompanying this price rise, up by over 100%, reflects strong market interest and confidence in XRP's direction.
Overbought Conditions: The Relative Strength Index (RSI) for$ XRP currently stands at 82, indicating an overbought market which suggests caution for short-term traders. However, for long-term holders, this surge from $0.69 to $2.698 in just two months underscores a robust bull market trend, potentially fuelled further by the RLUSD launch.
The technical outlook, with the RLUSD news acting as a catalyst, suggests a trajectory towards $5 before Christmas, fueled by both the intrinsic value of the XRP Ledger and the new stablecoin's impact.
Conclusion
Ripple's strategic introduction of RLUSD is not just a step towards diversifying its offerings but a significant leap in enhancing the XRP ecosystem's robustness and utility. From a fundamental standpoint, RLUSD offers stability and regulatory compliance, which are pivotal for mainstream adoption in financial services.
Technically, the stablecoin's launch has propelled XRP's value, with market indicators suggesting continued growth. As Ripple continues to navigate the complexities of crypto-finance integration, RLUSD and XRP together are poised to redefine how digital assets can be leveraged for global payments, potentially setting new benchmarks in the crypto industry before the year's end.
XRP/USDT (XRP)📈 Buy Signal for XRP/USDT
✅ Suggestion: You can buy now as this asset is expected to grow.
🎯 Target Levels: The labeled price targets will be achieved.
📊 Minimum Growth: I anticipate at least a 10% increase in the spot market. 🚀
💬 To manage this signal effectively and access more signals:
1️⃣ Follow my TradingView page 📊
2️⃣ Send me a private message for further guidance.
💎 Let’s profit together! 💰
I got what i were looking for buying xrp, this could be big!Here go the move i have been awaiting, if xrp breakout the -0.27 fibs im going long. We are still over the 500 mae which indicates strong bullish movements.
an Idea.. not going to open a trade just watchseems like good uptrend but will need 1-2-3 correction to down and get some liquidity
as the title.. not gonna trade it just watch
XRP USDTXRP and Ripple Stable Coin
New ATH today ?
There are potential future positions in smaller time frames
XRPUSDT Bullish Flag Pattern!XRPUSDT Technical analysis update
The BINANCE:XRPUSDT price has formed a bullish flag pattern on the 4-hour chart, with the previous resistance at 1.95 now acting as support. Following the breakout, the retest of 1.95 has been completed, and the 100 EMA serves as support for the flag pattern. A strong bullish move in XRP can be expected in the coming days.
SPOT XRP LONG 17.12.2024Fixation after containment of sales.
🎯Purpose:
2.9897
‼️Risk per trade: 0.5% of the allocated funds for spot trading.
Thank you for subscribing and responding🚀.
Cautious Moment - Leaning Bearish Based on the WeeklyThe weekly chart is showing signs of caution, with the most recent weekly candle closing as a 'Hangman' candlestick. This pattern is often associated with the potential end of an uptrend and the beginning of a correction. Supporting my bearish sentiment:
The Weekly Chart
The RSI (Relative Strength Index) is extremely overbought at 85.25, a level that typically signals an overstretched market.
The Stochastic RSI is also in overbought territory, with the K line crossing below the D line, marking a bearish reversal signal.
While an overbought RSI doesn't necessarily indicate an imminent dump, it does serve as a cautionary marker that a possible correction may be on the horizon. The Stochastic RSI, however, strengthens the bearish bias by indicating slowing momentum—a signal that aligns with observations on the daily chart.
The Daily Chart
On the daily timeframe, the price has corrected from the recent high of $2.94, marking what I believe to be the end of Wave 1. The current correction appears to be a Wave 2 correction forming within a descending channel. Here are the key observations:
The last 7 daily candles have been either 'Spinning Tops' or 'High Wave' candlesticks. Both patterns are indicative of market indecision, with low momentum clearly slowing.
The RSI and Stochastic RSI on the daily chart also reflect this flat momentum, further signaling the market's lack of direction.
Elliott Wave Context - Wave 2 Correction
Referencing Bennett McDowell’s 'Elliott Wave Techniques Simplified':
15% of Wave 2 corrections retrace between 23.6% and 38.2% of the Fibonacci levels.
70% of Wave 2 corrections typically retrace between 38.2% and 61.8%.
So far, XRP has corrected slightly past the 38.2% Fibonacci level, suggesting that the Wave 2 correction could still be in progress. Based on historical patterns and current price action, I believe a deeper correction toward the 61.8% Fibonacci retracement level at $1.40 remains a strong possibility.
Summary & Strategy
This is a highly cautious area for XRP:
I am not currently in the market and would only consider entering if there is a clear breakout above the descending channel, supported by volume.
Even then, I would wait for a backtest of the channel to confirm the breakout is not a fake-out before entering a long position.
However, given the current chart signals, I anticipate that XRP could correct all the way to the 61.8% Fibonacci level at $1.40. I don’t expect this correction to be clear-cut or quick; rather, it could evolve into a 'Complex Correction', with price chopping around before ultimately completing the retracement at the 61.8% level.
