Ripple Short Term Sell IdeaH4 - Bearish trend pattern followed by a pullback
No opposite signs
Until the two strong resistance zones hold my short term view remains bearish here.
XRPUSD.P trade ideas
Potential bullish rise?XRP/USD has just bounced off the support level which is a pullback support and could potentially rise to our take profit.
Entry: 0.4835
Why we like it:
There is a pullback support level.
Stop loss: 0.4626
Why we like it:
There is a pullback support level.
Take profit: 0.5239
Why we like it:
There is an overlap resistance level which aligns with the 50% Fibonacci retracement.
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XRP price are SET !!! XRP should hit $18 during May
As XRP has now reached the 700- day trendline.. holders today lawsuit against SEC is very important and here’s why I seek and see XRP will be victory in the court against SEC.
These prices keep them in your charts ! And I fully guarantee these price hit will surely will happen.
Btw if you bought XRP and owned about 1,000 XRP .. you will hit about $3.5 million if you hold. ( HINT HINT )
1- $18.57 ( Announcement of settlement)
2- $257.18 (Bank partnership & Integration )
3- $3,748.34 ( Ripple IPO )
4- $59,873 ( Global CBDC Integration)
Waiting for Ripple (XRPUSD) to make a move#Ripple EASYMARKETS:XRPUSD
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Potential bullish bounce off pullback support?XRP/USD is falling towards a support level which acts as a pullback support that aligns with the 100% Fibonacci projection and could potentially bounce from this level to our take profit.
Entry: 0.4747
Why we like it:
There is a pullback support level which lines up with the 100% Fibonacci projection.
Stop loss: 0.4512
Why we like it:
There is a support level at the 127.2% Fibonacci extension.
Take profit: 0.5239
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.
XRP .. few weeks before next bull?A new low is possible before Bull run!
it may be huge or one candle ,,
don't take the fractal exactly as you see for every movement
XRP is a long-term investmentOne of the indicators that is valid in the digital currency market and is responsible for the use of moving and transferring money, and on the other hand, its price is expected to be noticed by investors soon, and in the long term, it is within the specified range. to be placed
XRP millionaires are in the making .. are you holding XRP?By the time it launched and reached ATH back in 2018 you would’ve become a millionaire.. is it too late to buy? Nope it’s early and if you are still holding and own an XRP you would’ve stayed in profit and kept it in the XRP. ATH 2018 is over $3
But in 2024 I bet XRP will go even larger and higher.
Experts said XRP will hit over hundreds of dollars
Some said $5-$10. But that’s not all.. remember the TV show the Simpsons? BART wrote on the chalk board that XRP will hit $590 by EOY.
In order for it to happen then XRP ETF needs to happen , win Over SEC , XRP global population currency and some other things as well even XRP as a payment method as well.
All the top Keys XRP even has to surpass Bitcoin which will be the huge challenge.
To me I see $5 or 10$ at least for XRP in 2024/2025 but even higher then I will go completely insane.
XRP structure is really similar with 2017 and hope yall are holding on to it; soon more XRP millionaires will be made in 2024/2025.
How high XRP will go ? Thoughts in comments
( THE SIMPSONS PREDICTED THAT XRP WILL HIT $590)
Ripple up to 3$ this year?👀Hello, dear friends!
Ripple (XRP) has been forming a massive triangle pattern since 2018, indicating a potential breakout to the upside towards the $2-3 level. This makes holding Ripple in your portfolio particularly relevant.
The prolonged consolidation period reflected in Ripple's price chart suggests a significant accumulation of market forces. This triangle pattern typically signifies a period of indecision, with buyers and sellers balancing each other out. However, as the pattern nears its apex, pressure builds, often resulting in a breakout. In Ripple's case, a breakout to the upside is anticipated, given the historical bullish momentum of the cryptocurrency market and the positive sentiment surrounding Ripple's technology and partnerships.
💥To confirm the typical price movement of Ripple, it is worth examining the formations and breakouts from similar triangles in the past.
2017👇
2018 👇
For traders and investors, the breakout from this triangle pattern could present a lucrative opportunity. A decisive move above the upper trendline of the triangle, coupled with strong volume, would confirm the bullish bias. Traders may consider initiating long positions targeting the $2-3 range, while investors could view this as a validation of Ripple's long-term potential and consider increasing their exposure to the cryptocurrency.
It's important to monitor key levels and indicators to confirm the breakout and manage risk effectively. Additionally, staying informed about developments in Ripple's ecosystem, regulatory changes, and broader market trends will help navigate the evolving landscape of cryptocurrency investing. Overall, the formation of this triangle pattern on Ripple's chart underscores the importance of technical analysis in identifying potential trading opportunities and optimizing portfolio allocation strategies.
Thanks for Your attention 🫶
Always sincerely with You, Kateryna💙💛
XRP Bullish WeekBullish week for XRP
Current price $0.51.
Lots of potential to reach $1 and higher.
Rsi = Bullish
Stoch Rsi = Neutral > Bullish
Macd = Neutral > Bullish
Trading Styles, Time Horizons, and You: The XRP/USD CaseUnderstanding opportunity cost is crucial for any type of trader, including those interested in XRP/USD. It refers to the potential return you sacrifice by choosing one investment over another. Here's how risk tolerance, time horizons, and opportunity cost play out in different trading styles:
1. Day Trader (Short-Term, High Risk Tolerance):
Focus: Day traders capitalize on short-term price movements within a single trading day. They enter and exit positions frequently, aiming for quick profits.
Risk Tolerance: Day traders typically have a higher risk tolerance due to the frequent nature of their trades. They accept the possibility of frequent losses in exchange for the potential for high daily gains.
Time Horizon: Their time horizon is limited to hours or minutes within a single trading day.
Opportunity Cost: The primary opportunity cost for day traders is the potential for missing out on larger gains from longer-term investments.
Example: A day trader might choose to trade XRP/USD intraday, aiming to profit from a potential breakout above resistance. However, by focusing on short-term movements, they might miss out on the chance to hold XRP/USD for a longer period if the price appreciates significantly over time.
2. Swing Trader (Mid-Term, Moderate Risk Tolerance):
Focus: Swing traders hold positions for days, weeks, or even months, capitalizing on mid-term trends. They analyze charts to identify potential turning points and aim to capture price movements over a longer timeframe than day traders.
Risk Tolerance: Swing traders generally have a moderate risk tolerance. They balance the potential for larger profits with the need to manage risk through position sizing and stop-loss orders.
Time Horizon: Their time horizon can range from a few days to several months, depending on the identified trend.
Opportunity Cost: The opportunity cost for swing traders could involve missing out on short-term gains or profits from day trading strategies.
Example: A swing trader might buy XRP/USD after identifying a bullish chart pattern, holding the position for weeks if the trend continues. However, they might miss out on potential short-term profits that a day trader could capture by actively trading XRP/USD throughout the day.
3. Long-Term Investor (Long-Term, Low Risk Tolerance):
Focus: Long-term investors hold positions for years or even decades, focusing on the asset's long-term growth potential. They prioritize capital preservation and believe in the underlying value of the asset.
Risk Tolerance: Long-term investors have a lower risk tolerance. They are comfortable with market volatility and prioritize capital preservation over short-term gains.
Time Horizon: Their time horizon is measured in years or even decades.
Opportunity Cost: The opportunity cost for long-term investors could involve missing out on short-term profits or higher potential returns from actively traded assets.
Example: A long-term investor might buy and hold XRP/USD, believing in the long-term potential of Ripple technology and its impact on the cryptocurrency market. However, they might miss out on short-term gains or profits that swing traders or day traders could potentially capture.
The XRP/USD Case:
When considering XRP/USD specifically, it's important to remember that the cryptocurrency market is inherently volatile. Traders need to carefully evaluate their risk tolerance and time horizon when deciding how to approach XRP/USD or any other cryptocurrency.
Conclusion:
Understanding opportunity cost and its relationship with risk tolerance and time horizon is essential for any trader. By carefully considering these factors, traders can choose an approach that aligns with their risk profile and financial goals, whether it's day trading XRP/USD, swing trading, or long-term investing. Remember, there's no one-size-fits-all approach, and the best strategy depends on your individual circumstances.
if break specified level ,xrp will be @0.75Key Points:
The SEC has said that Ripple should pay close to $2 billion in fines for selling XRP to institutional investors.
Ripple has argued that that figure should be closer to $10 million.
The SEC and Ripple have been battling in court for years after the SEC accused the firm of raising $1.3 billion through the sale of XRP, which it says is an unregistered security
📉 XRP AND THE FALL TA / IN DEPTH 📉📉 Hey hey, been a couple days since the last idea, wanted to make a quick follow up and take a look at what's going on and happened since our last post. As always thanks for being here and coming by, I really appreciate you guys of course.
📉 In the last idea we pointed out this resistance at that 0.534 level where we had already seen two rejections and we we're looking to see what our chart would do next after falling below that ascending support level that we'd drawn up with the blue lone as shown below, this is the chart. link to the last idea:
📉 I pointed out in the last idea how we had fallen below the ascending channel, this horizontal support which again as shown in blue was helping to push us up in price action. We can see just what kind of battle we had as a result, I've extended the blue line from the last idea with a black line to highlight the before, after and we can see that even then the line's role still played a part in price action as we saw this wild fight between bear's and bulls.
📉 Personally it seems like the biggest fight was over the 20,50 EMA. On the 6th we can see how just when that 20 EMA was about to flip with the 50 EMA we got this massive price boost, buy in, seems like it was a whale, institutions attempt to help bulls avoid seeing a convergence of the EMA's which ultimately did end up happening just about a day later which has led to the creation of this descending channel and that's been the main catalyst for our reversal.
📉 Sure we got the rejection at 0.56, that makes total sense, we formed a new high on the local timeframe and understandably some traders, whales probably took profits, closed positions leading to this reversal and taking advantage of the quick price jump. Since then we've seen our 20, 50 EMA flip and lost the 200 EMA in the process.
📉 Main thing to watch is this descending channel, I'm looking to see if we get this breakout from the descending channel. If we get that breakout then as past price action has told us historically we'll more than likely see price recover and that'll give us this sort of catalyst for our next move up. That is of course granted we break out of the descending channel and can regain the 200 EMA in the process as well, bears will fight hard to prevent that so definitely keep an eye and feel free to add the lines to your own charts. I've added the two black lines to highlight our descending channel.
📉 Didn't want to keep this idea too long, just wanted to do a quick analysis as what we're looking at, what's happened and what could possibly come up soon. I personally see us retesting 0.515 like we last did on the 3rd, if we can bounce off that it should be positive but if we fail and continue down within this descending channel then we'll have to consider 0.50 and 0.492 should should traders want to take profit, close positions, mainly due to psychological factors so definitely set some alerts for those level's if you'd like. I will be doing the same as well as for the ones above our current price point of course, always good to know our top and bottom.
📉 Thanks for coming by as always and taking the time to read through my ideas, especially if you've made it this far, I try to keep things short but it's always fascinating taking an in depth analysis at prices and identifying why some things happen and what possibly can happen, no complaints though, it's helped us identify and formulate things a lot simpler. Thanks as always for joining me today, appreciate you guys and feel free to leave a like and follow to keep tuned! Thank you and till next, many blessings. 🙏
~ Rock '
$XRP Long PlayCRYPTOCAP:XRP is starting to curl on the 1H chart in addition to a bounce upward in the regression trend.
Expect breakout soonSleepy alligator on M chart. I expect upside breakout soon. Should happen this summer.
#XRP IS ABOUT TO STRIKE: BULLISH PENANT + 2K DAYS ACCUMULATION Positive news regarding #xrp will not drive the price up for now
Rumours that #RIPPLE Could Launch Its USD-Backed Stablecoin In June This Year #XRP and current positive FUD regarding XRP remind people about the coin potential
If this bull market has not been finished yet (and I think so) something really interesting may happen to the #XRP
Let me know in the comments what is your opinion if XRP will be able to break $2 in the next 3 months
XRP popping in late 2024 or sometime in 2025. The current flag XRP is in has taken six years, while the last flag was four years. Whenever this puppy pops, it will be pretty big, in my opinion.
XRP's Roadmap to Recovery: Opportunities, Risks, and ForecastXRP, the native digital currency of the Ripple payment protocol network, reached its pinnacle at $3.84 on January 4, 2018, marking an astonishing surge of nearly 40,000% over the preceding 12 months.
However, its current trading value hovers around $0.50. Much like several other smaller altcoins, XRP witnessed a wane in interest as escalating interest rates tempered the fervor in the cryptocurrency market. Additionally, it encountered formidable hurdles stemming from regulatory shifts and intensified competition within its ecosystem. Nevertheless, could XRP regain its momentum in the years ahead, potentially transforming a $10,000 investment into over $1 million?
In 2012, a startup initially known as Opencoin (later rebranded as Ripple Labs) introduced Ripple as a payment protocol network crafted to facilitate real-time gross payments, remittances, and currency exchanges. Operating on its blockchain-based ledger, the platform promised secure, immediate, and nearly cost-free global financial transactions of any scale without the risk of chargebacks.
Currently, financial institutions such as Travelex Bank, Tranglo, and Sentbe leverage Ripple's payment protocol network. However, the adoption of Ripple's XRP cryptocurrency for payments has not mirrored the levels witnessed with Bitcoin or Ether.
While Ripple was once hailed as an innovative payment processing solution, it now contends with robust competition from akin blockchain networks like Ethereum, renowned for hosting a broader spectrum of decentralized applications and tokens, and Solana, recognized for its swift transaction processing and reduced fees.
Meanwhile, in late 2020, the US Securities and Exchange Commission (SEC) lodged a lawsuit against Ripple and two executives, alleging the raising of $1.3 billion through an XRP token offering, deeming it an unlawful sale of unregistered securities.
Despite a US judge ruling last July that XRP tokens were not categorized as unregistered securities, prompting the SEC to retract its lawsuit against the executives, a conclusive trial between the SEC and Ripple commenced in late April. This trial is anticipated to extend over several more months before a definitive verdict is reached. The prevailing uncertainty is likely to present the most significant immediate challenge for XRP this year.
Furthermore, elevated interest rates pose another substantial impediment for XRP and most other cryptocurrencies in the foreseeable future. Earlier this year, numerous cryptocurrencies rallied as investors anticipated gradual interest rate reductions by the Federal Reserve. However, these aspirations were dampened by inflation reports exceeding expectations, casting a shadow over the cryptocurrency market's outlook.
Should XRP's value surge by 668% to reclaim its all-time high of $3.84, a $10,000 investment would yield $76,800. Projections from Digital Coin Price suggest XRP may revisit this peak by 2030. Conversely, Cryptonewsz.com holds a more optimistic stance, forecasting XRP to ascend to $9.81 by 2030, potentially transforming a $10,000 investment into over $196,000.
Nonetheless, for XRP to achieve millionaire-making returns from a $10,000 investment, it would necessitate a 100-fold increase. Even the most bullish forecasts fall short of this mark. Last June, crypto hedge fund manager Thomas Kralow predicted XRP's price would reach $30 by the conclusion of 2023. While this would have represented a remarkable 5,900% gain from $0.50 and translated into a $10,000 investment yielding $600,000, many skeptics questioned the feasibility of Kralow's projection. A $30 price target would elevate XRP's market capitalization to $3 trillion, surpassing the combined value of all other cryptocurrencies in the market.
Although XRP's price attained $0.64 by the close of 2023, it has since receded by approximately 20% this year. Investors remain apprehensive about unresolved regulatory concerns, macroeconomic headwinds, and its capacity to contend with newer blockchain networks like Ethereum and Solana.
Consequently, it appears improbable that XRP will furnish millionaire-making returns by the decade's end. Nevertheless, there exists potential for it to double, triple, or even quadruple in value if it secures a decisive legal triumph against the SEC and benefits from interest rate reductions by the Fed. In essence, XRP could still present promising long-term prospects for investors willing to endure the near-term volatility.
⚡ XRP AND A QUICK TA! ⚡⚡ Alright, we're gonna keep things quick and simple today.
⚡ In the last idea we identified what seemed to have been a new resistance trend line and that indeed has been the case, it's simple enough to spot the effect as a result, we've seen prices pushed down right to that low point at the start of May.
⚡ It's there that we see the horizontal levels did indeed put in the work, as we retested 0.485. Once we found support there bulls took a firm grip and we we're finally able to get that breakout above the resistance trendline and that with our 20/50 EMA helped us recapture the 200 EMA to explain ripple's price action in a short and simple fashion. We we're stuck below the resistance, then we hit rock bottom, support and pulled up achieving this breakout that's helped us get back up basically.
⚡ I've encircled two points at 0.534 and 0.5378 or 0.534 to round things up. 0.534 is going to be our current point of interest. Since we already had an attempt at 0.534 before failing to break above the resistance line that made it all the more challenging for us to continue once we hit it again for the second time ultimately failing to regain higher ground.
⚡ Bulls will have to break that in order to push higher so I'd set an alert there and for 0.526 since that seems to be our local support, price action could have us seeing a horizontal channel form as bears and bulls fight to keep above that 200 EMA, or below depending on which team your on of course. So keep an eye out for the 200 EMA line, that'll be the bearish confirmation if we fall below and bullish if we can manage to keep above and avoid seeing those 20/50 EMA lines flip.
⚡ One last note is the blue line, that's basically a support line we've identified, it's also the reason XRP avoided losing the 200 EMA on the 3rd of May when we bounced off that line so it's definitely important to note that with us now being below the line things are technically bearish but whether things actually play out bearish or not will depend on who wins over the next few days and if we keep below the line or can regain ground above it though it'll be a challenge of course, but then again. Nothing is impossible, this is crypto after all.
⚡ Said I'd keep this idea short and that's it, I'll be posting more over the week so feel free to leave a like and follow to keep tuned, I simply wanted to give a quick summary of things and an idea of what we're looking at currently. Either way as things stand, I'm sure thing will heat up over the next few weeks, haven't had much movement following Bitcoin's halving so I'm curious to see what could be in the works. Thanks as always, and best wishes and blessings till next!
~ Rock '
XRP - Macro $17 Target 24/25 (Updated View-Ref my 23 chart)- EWP 7y Full Corrective cycle finally completed.
- Near perfect Macro EWP ABCDE Symmetrical Triangle Complete
- Macro E unfolded in expected lower scale ABCDE pattern over the past few months, now concluded.
- Expecting a 5-Wave EWP Impulse in the coming days/weeks/months with an exponential upside move.
- Global Liquidity supports the view with a ABCDE Falling Wedge Pattern near completion, expecting liquidity easing, further supporting exponential moves across risk assets.
#XRP not a security! The path to $23 is being formed.XRP won it's case. Great for XRP and alot of altcoins (not all)
what we know from the case;
Programmatic sale on exchanges did't meed the third prong of the Howey test
Sales to users via exchange on a order-book OK. Sales through a ICO/IEO/Launchpad not so.
Bounties, Investments, grants paid in XRP - OK.
Overall a massive win for #Crypto
@TheCryptoSniper
#HVF
Is $1.3 attainable?, SEC dragging this for too long. XRP price have been suppressed for a while now. I wonder what will the excuse be when they decide to let it fly. Or is gonna be some victory news based on some lie agenda (SEC) case.
🤣Why private meetings, USA loves these hidden agendas. Where is another snow dem??
Maybe the US is done with its implementation of XRP. They always wanna be the super powers!
