descending broadening wedge targetBreak to the upside 77c target then a push to 85c.Longby DragonHallZ5
XRP dancing on the FIBONACCI ceiling?Is this Fibonacci sequence level a ceiling or a floor for XRp? Are we dancing, or will this become a wake for higher prices? **Fibonacci retracement levels** are essential tools traders use to analyze stock prices. **What Are Fibonacci Retracement Levels?** - **Fibonacci retracement levels** stem from the **Fibonacci sequence**, a set of numbers discovered by mathematician Leonardo Pisano (nicknamed Fibonacci) in the 13th century. - These horizontal lines indicate where **support** (floor) and **resistance** (ceiling) are likely to occur in stock prices. - The key Fibonacci ratios used for retracement levels are: - **23.6%** - **38.2%** - **50%** - **61.8%** - **78.6%** **How Are Fibonacci Retracement Levels Calculated?** - Start by identifying two extreme points on a stock chart (usually a peak and a trough). - Divide the **vertical distance** between these points by the key Fibonacci ratios. - Once these levels are identified, horizontal lines are drawn across the chart. - These levels serve as potential areas where price may **bounce** (support) or **reverse** (resistance). **Why Do Fibonacci Ratios Work?** - The Fibonacci sequence (0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, etc.) has a unique property: each number is approximately **1.618 times greater** than the preceding number. - This relationship forms the foundation of the ratios used by traders. - Examples: - **61.8%**: Divide one number in the series by the next (e.g., 21 divided by 34). - **38.2%**: Divide a number by the one located two spots to the right (e.g., 55 divided by 144). - **23.6%**: Divide a number by the one three places to the right (e.g., 8 divided by 34). **Application in Stock Trading**: - **Predicting Reversals**: Fibonacci retracement levels help determine critical points where price momentum may reverse. - **Support and Resistance** : These levels act as potential support (floor) or resistance (ceiling) zones. - **Profit Targets and Stop-Loss Orders** : Traders use these levels to set profit targets or place stop-loss orders. **Limitations**: - While Fibonacci retracements are widely used, they should be **combined with other indicators* * for more accurate analysis. - Remember that market behavior is influenced by various factors, not just Fibonacci ratios. In summary, Fibonacci retracement levels provide valuable insights into stock price movements, acting as ceilings and floors. Traders use them strategically to make informed decisions. (1) . bing.com (2) What Are Fibonacci Retracements and Fibonacci Ratios? - Investopedia. www.investopedia.com (3) Fibonacci Retracement in Stocks - HowToTrade.com. howtotrade.com (4) What Are Fibonacci Retracement Levels, and What Do They Tell You?. www.investopedia.com (5) undefined. stockstotrade.com (6) undefined. www.investopedia.com Longby cnote561
xrp before massive run?xrp/btc pair hits double bottom xrp dominance is very low huge bullish formation Obvious that all shitcoins move up during the bull season, xrp has a lot of haters, but they will pack their bags when xrp will move around ath, it can be hit very soon. Xrp holders are very patient but they will be rewarded with quick and huge pump. There are a lot of shitcoins, I'm on market for about 7 years and I still dont understand why people invest in shit coins like pepe, shiba ect. and same people can still hate xrp, which is to be honest fastest and cheapest coin in transactions. We have a bull market, still new money is coming. You still thinking that 6th coin will not rise in this season? I think that we can discuss about price to be hit. Of course please do not say about 200usd or something like that, its unable to do with this market cap. I bet that we could hit near previous ath, but I believe that after huge wick down we can push the price to 7 usd until the end of the yearLongby AdamMalysz6
What’s Next?Who knows fo sho, but the patterns have proved pretty nice so far. A lil chopsticks for the next few days, then blue skies? Would be niceLongby YizzyB4
XRPUSD Its aggressive move has started.XRPUSD followed relatively closely our structure last time we gave a long-term call (September 13 2023, see chart below), hitting our 0.56750 Target: We now zoom out on the 1W time-frame where the pattern becomes more clear. XRP is about to close a 1W candle above the 3rd Channel Up in a row. If it does, we expect a test of the upper Resistance Zone, similar to what happened on the March 27 2023 1W candle. As a result, our final Target is intact at 0.9300. Notice that the 1W MACD just formed a Bullish Cross, the 4th since August 2022, which is always a buy signal. On top of that, XRP is closer than ever to the first 1W Golden Cross since the week of April 21 2021, the most bullish pattern we can get amidst this new Bull Cycle. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot36
XRP MONTHLY BREAKING...It seems it is going to break the downtrend up.. I am expecting that the bullish trend just started. Longby MuhammedTURK116
Overnight Jump Teases XRP Price Crossing $1Overnight Surge: XRP showcases a significant 18% jump, indicating strong bullish momentum. Triangle Breakout: The bullish reversal and triangle breakout signal a potential trend reversal. Psychological Barrier: XRP sets sights on surpassing the $1 mark following the breakout. Market Sentiment: With Bitcoin nearing $73,000, XRP and other altcoins gain traction. Double-Bottom Breakout: Preparing for a double-bottom breakout after an impressive spike. Fibonacci Levels: Crossing above the 23.60% Fibonacci level, aiming for the 38.20% level next. Current Trading Price: Trading at $0.70 with a slight intraday pullback, setting up for continued momentum. Technical Indicators: The DMI shows increased trend momentum, with VI lines indicating strong bullishness. Whale Activity: A massive transfer of 300 million XRP tokens highlights significant market activity. Potential Targets: The uptrend could potentially reach $1.08 or the 50% Fibonacci level.Longby Coinpedia-Market-Insight8
XRP: Buyers are back at key resistance Today's focus: XRP Pattern – Resistance Test Support – .5778 Resistance – .7265, .8200 Hi, traders; thanks for tuning in for today's update. Today, we are looking at XRP daily. So far today, we are seeing weaker prices after XRP surged back above 70 cents. Buyers once again look to be stalling at key resistance, which has been in place since July 2023. Will broader market momentum contnue to push prices higher and break resistance, or could we see a new test lower while resistance remains in play? Good trading.03:56by Eightcap5
Australians before $1 priced out of XrpNot only are we getting close now to USD seeing the final moments being under 1 dollar per Xrp, but Australians are now at a pivotal moment in history where Xrp will never be under a dollar again very soon! There is only 10 cents USD difference between the lowest point buy to the highest point buy before Australians will not be able to buy under 1 Australian dollars again. 0.66 USD (cents) equals $1.00 dollar per Xrp for Australians. Why am I doing this chart? It's because I'm from Australia and giving our fellow Aussies a heads up before it's too late to buy under a dollar ever again. It's becoming a tight squeeze in this range. There's 6 cents USD to the buyout point to 0.66 cents and there's 6 cents to the lowest point buy being at the current price of 0.60 cents USD. Basically don't wait if you want these cheap XRP tokens because time is of the essence!Longby ImmortalsoulsUpdated 101012
XRP: Harmonic Structure in play in mid-term?Hi Traders! In the long term the trend is still bearish especially on high time frames, but if we look at the intraday chart, from a technical point of view we do not exclude the formation of a bullish harmonic structure with potential Target 1 around 1.15 area and subsequently 1.40 area. Having said that, if we look at 8H chart, we see resistance area around 0.6983, but if the trend is bullish and our analysis is correct, after first touch and pullback, we expect an important breakout of it. Trade with care Like | Share | CommentLongby TheAnonymousBankerUpdated 2239
XRP possibly preparing for a massive upward movementSupports and resistances are squishing XRP's price volatility, setting up a big movement. Extremely low price volatility and volume at the moment. XRP.D is low as well. Token sentiment is also very negative. Price is still below the rising MA200, which is a buy. Fixed range volume profile gives us a short-term resistance of 0.615$. Support is 0.495$ and 0.43$. Breaking more than 3% below 0.43$ could imply that a major support line is broken. Breaking below 0.3$ ruins the pattern. But breaking above 0.615$ with momentum could imply in a run to 0.915$, 2$ or even above the ATH.Longby catnip_Updated 8
XRP breaking an 8-month resistance: bullish macro trend!In the last few hours, XRP has surged, breaking a resistance level dating back to mid-July 2023. The price now stands above the MA100D and MA200D, both which are rising. Additionally, XRP has surpassed the $0.615~ resistance indicated by the fixed range volume profile applied from 2023/07/13 until today — this resistance will now become a support, as well as the moving averages. The macro movement suggests a 6-year compression in the price. Considering that this is a bull market and, therefore, the long-term tendency is bullish, the breaking of this resistance could be the first in a series of movements that may propel XRP's value above its all-time high.Longby catnip_Updated 116
What a lovely day for a breakout!Somebody call the Law! WE GOT A BREAKOUT!!!! We'll need to see a confirmation candle print on this tomorrow and stay afloat above $0.70, but perhaps we're seeing the first stage of the rocket spark and rumble. I'm hopeful we can hold on to this territory, and then we'll see a lot of the XRPLverse gain traction as well. Longby cnote56115
XRPUSD Idea- Possible bullish pullback price movement towards the resistance 1.16$ within the next period.Longby GOLDFXCCUpdated 4
XRPUSD 1W | Market View- Possible bullish pullback price movement towards the resistance 1.16$ within the next period.Longby GOLDFXCCUpdated 15
XRPUSD H8 | Market View- Possible bullish pullback price movement towards the resistance 1.10$ within the next period. Longby GOLDFXCCUpdated 2213
Is it time for XRP?XRP has been a dead horse for a while but I believe it has one final leg up to around $4-7. Not investment advice, please do your DD. Please boost idea and follow. Longby BlackisKingUpdated 2221
XRP/USD: Reaccumulation Breakout on 4-Hour Chart? $0.75 in SightThe XRP/USD 4-hour chart shows an interesting development with a potential reaccumulation range pattern. Based on technical analysis, if a breakout occurs, this pattern could indicate a move towards $0.75. There is also a high volume node around .63 that can act as resistance. However, remember that the crypto market is volatile and reaching this target is not guaranteed. Longby ParabolicPUpdated 14
I don't think this is technically possible....$26 XRP would be amazing but I don't think there will be enough liquidity to reach that price... $10 should be a safer bet.... don't let greed loose focus...Longby Whitebeltrader2k119
XRP compression pumpall shown in the Chart check out my other Charts too, leave a like if positive outcomeLongby coinwideUpdated 1
XRP pending for a BOXRP previous week BO above 0.565-0.58 and re-test support. . so far seems supported well. pending for a breakout above major resistance $0.66 20 weeks MA above 200 weeks MA. Bull momentum still intactLongby EL_STOCKTROOPER2
bearish to bulish - 150 MA - $XRP150 SMA is a strong indicator i use to identify bearish to bulish coins. Looks like a good entry here for XRPLongby zinho_BTC4