Pump and Dump SchemeXRP would rug seriously next month just like it did back in 2018. You can buy back in at the green marked zone for upward continuation
XRPUSD.P trade ideas
XRP bullish projection Looking at a bullish flag 🚩 formation once the brake out is confirmed that's when we wait for retest then long.
Short RIPPLEMon,ey flow go dow, triangle will break down.
Risky trade as it is counter the trend so max 1% of capital.
Entry price: 2.5 or 2.6
Target: 2$
Risk to Reward ratio >5
SHORT XRP (RIPPLE) it's trash and will retraceLook at the chart friends!!!!!
This will 1000000%%% retrace. I am sure of it
RIPPLE IS FOR LOSERS
XRP Again!A nice bull flag is observable on the hourly chart. However, there are signs of bearish divergence on both the RSI and MACD, accompanied by decreasing volume. This suggests that the lower trendlines might be tested first, potentially reaching the structural support around 1.7.
Following this, we could anticipate a bullish turnaround. This could form the basis for a breakout from the flag pattern, aiming for a measured move to 3.5, which aligns perfectly with the 1.618 Fibonacci level. For this breakout to be valid, it should occur with significant volume and be followed by a retest of the breakout level to confirm the target.
If these conditions aren't met, there's a risk of a fake out, leading to a drop back into previous structure, necessitating a re-evaluation of the position.
Disclaimer: NFA - These are just ideas. 💡
XRP/USD-Trading in a Buy Trend: Key Points for Successful EntryThe price is in a buy trend on the 1-hour time frame (TF) and has bounced off the zone. We can now wait for the price to return or get closer to the zone. After a bounce on a smaller time frame, we can look for an entry into a buy position. However, we need to be cautious of a potential false breakout, so it's important to wait for proper confirmation. If a false breakout triggers our stop loss, we can re-enter when the price moves back above the zone with confirmation for a buy position.
XRP!!!!I could see it test the bottom of the Golden zone overnight around 2.27. If that holds it will make a higher low and start making its way back up to test the high. Lets see where she goes.
XRP $4 incomingBased on the current chart and signals, there are several factors supporting a bullish trend for XRP toward $4 before January 1:
Elliott Wave Pattern : The displayed patterns suggest a continuation of the upward impulse, with clear corrections followed by new highs.
Breakout Signal : XRP appears to be breaking out of the descending triangle (ABCDE pattern), which often leads to a strong upward move.
Volume and Momentum : Increasing volume and a positive RSI indicator indicate strong buying pressure, supporting further price increases.
Previous Price Action : The recurring patterns suggest cyclical growth, paving the way for a target of $4.
If these trends continue, reaching $4 by the end of the year is within reach.
This is the best zone to scoop xrp before taking offThis zone I believe could be extremely profitable if get in around 2 dollars. Then we should start spiking again
Can XRP get close to 20 dollars?LMACD suggest that this rally might be similar to the one we see in 2017.
XRP / USD - WHAT IS GOING ON? - CryptoManiac101XRP / USD OUTLOOK
Here we are again guys... The make it or break it phase.
If we look at the overall structure. It's bullish, we're making a bull flag on the 4H chart and this is actually the 3rd time, within the last 30 days that we've hit resistance in a similar fashion, only difference is...? Each time we get more of the accumulation phase, which is then followed up by an even bigger pump.
Will it happen again? Only time will tell, but we are getting very very close to a hyper excitement phase whether were make a rejection here tomorrow or break out of it today. Either way, through it would be interesting to show you guys.
Remember that this is not a financial advice and is solely for entertainment purposes.
bullish flag on the dailyContinuation Pattern: The bullish flag is considered a continuation pattern, meaning it suggests that the price will likely continue to rise after the consolidation phase.
Volume: During the flagpole phase, there is typically high trading volume, indicating strong buying interest. During the flag phase, the volume usually decreases as the price consolidates.
Breakout: A bullish flag pattern is confirmed when the price breaks out above the upper boundary of the flag with increased volume. This breakout signals the resumption of the uptrend and is often seen as a buying opportunity.
In summary, a bullish flag on the daily chart indicates a temporary pause in an uptrend, followed by a continuation of the upward movement. Traders often look for this pattern to identify potential entry points for long positions
XRP/USD 12/17/2024XRP/USD Daily Chart Analysis
XRP is one of the OG altcoins that has maintained significant hype over time.
• Accumulation Phase:
After being dropped on Coinbase in July 2023, XRP experienced a steady decline, entering an accumulation stage that persisted through November.
• Breakout and Uptrend:
In mid-November, massive volume flooded into the coin, breaking it out of its accumulation phase. Following this breakout, the price entered a strong uptrend, consistently respecting the 10-day EMA.
o The uptrend pushed the price +265% in just two weeks.
• Consolidation and Triangle Formation:
After reaching its peak, the price began consolidating sideways, forming a triangle pattern. For those who missed the initial breakout, this pattern provided a potential entry opportunity.
• Current Price Action:
Today, the price has broken above the triangle pattern, signaling a continuation of the uptrend. The 10-day EMA remains intact as support, reinforcing the bullish sentiment.
o The MACD is in bullish territory but still below its signal line. However, the contracting MACD histogram indicates a possible MACD crossover above the signal, which could provide the momentum needed for a sharp move upward.
o Expect volume to increase, similar to the initial breakout phase.
________________________________________
Trade Setup (Long Position):
• Entry: 2.5427
• Stop-Loss: 2.1213, -16.57%
• 1st Target: 3.6723 (+44.43%) | Risk-Reward Ratio: 2.68
• 2nd Target: Trailing the 10-day EMA on the daily chart.
________________________________________
Conclusion: With the breakout from the triangle pattern, the strong 10-day EMA support, and the improving MACD setup, XRP looks poised for another substantial move north. Volume is expected to flood in, mirroring the breakout momentum observed in mid-November.
XRP - might just be ready to challenge the ATHLooking at different levels - broke though the down side and now respective going to aLH #XRP
XRPUSD: Key Support at 2.3159 for Upside or Bearish MoveHello,
BITSTAMP:XRPUSD has experienced more support than expected at the 1W support level. If the 1D support at 2.3159 fails to hold, we could see further downside. However, if it holds, there may be potential for upside. At this stage, a bearish continuation seems the most likely direction, though we shouldn't completely rule out the possibility of the opposite happening.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
XRP/USD on a 4-hour timeframe0.382 (~$2.20): Price has bounced from here after retracing from the recent high.
0.618 (~$2.00): This area would act as a strong support zone if price drops further.
The price is currently hovering just above the 0.5 Fibonacci level, which often indicates a consolidation phase where the market may decide the next directional move.
Previous Trend: The preceding price action shows a strong upward movement, suggesting bullish momentum.
Current Behavior: Price appears to be consolidating after a pullback. This could indicate:
Accumulation for another upward push (if bullish pressure remains).
Preparation for a larger retracement if bearish sentiment takes over.
3. Key Levels
Support:
~$2.20 (0.382 Fib level)
~$2.00 (0.618 Fib level)
Resistance:
~$2.60 to $2.70: This area has capped price advances previously.
~$3.00: A psychological resistance level and potential target for a break
Typically, during consolidation, volume drops, indicating low conviction. If volume spikes accompany a move above $2.50, it could signal a bullish breakout.
The chart highlights vertical lines and icons around December 16-19, which could represent key fundamental events (e.g., regulatory decisions, token unlocks, or macroeconomic data releases). These events might influence the price heavily.
Buying Scenario:
Wait for a breakout above $2.50-$2.60 with strong volume.
Set a target near $3.00 with stop-loss near $2.20.
Selling Scenario:
If price breaks below $2.20, consider a short with targets near $2.00 and $1.80.
Patience is key to waiting for clear confirmation of the next move.
Pullback is goodThere’s a few resistance lines that it has yet to break free of, whether on hourly or daily. Wait for a possible pull back to $1.50 range
$XRP Goes beyond your imagination? ATH?analysis using SNR ORIGINAL chart pattern. i'm not saint 100% accurate. Trade wisely and trade at ur own risk. Stick with SL and ENJOY the ride later.
XRP - Bullish Flag for a breakout (4H)Bullish Flag forming for a break out. First test at $2.8. A break above $2.8 we'll see $3.2
👽XRP - One Triangle To Rule Them All!XRP has formed a MASSIVE multi-year triangle. Combine this with multi year MACD and RSI in very bullish posture we are really on the precipice of an explosive move in the coming weeks / months.
This is a long term play and I think will take a while to happen.
Once we get above previous ATH I'm looking at $10 - $20 for the long term target.
Patience will be rewarded with this one guys.
XRP continues from where it left off.If it breaks the downward trend in the coming hours, an upward movement and a rise above $3 could occur in the coming days, provided that Bitcoin does not experience a significant drop. This is not financial advice.
A Bullish XRP Flag Emerges as $5 Call Options Heat UpXRP, the native cryptocurrency of the Ripple network, has been making waves in the crypto market recently.1 It has not only outperformed Bitcoin but has also shown resilience against the broader market downturn.2 This bullish sentiment is further amplified by a potential bullish flag pattern emerging on the price chart and increased activity in the $5 strike call options on Deribit.
Bullish Flag Pattern: A Technical Analysis
A bullish flag pattern is a technical analysis chart pattern that suggests a potential continuation of an uptrend.3 It typically forms after a sharp upward move, followed by a period of consolidation, resembling a flagpole.4 The subsequent sideways movement, often contained within parallel trend lines, is known as the flag.
If the price breaks above the upper trendline of the flag, it signals a potential resumption of the uptrend, potentially leading to significant price gains.5
Increased Activity in $5 Call Options
The increased activity in the $5 strike call options on Deribit is another bullish indicator. Call options give the buyer the right, but not the obligation, to buy a specific asset at a predetermined price (strike price) on or before a specific date6 (expiration date).7
A surge in call option buying often indicates that traders are anticipating a significant price increase in the underlying asset.8 In this case, the high volume of $5 strike call options suggests that traders believe XRP could potentially reach or even surpass the $5 price level in the near future.
XRP's Recent Performance
XRP has been one of the top-performing cryptocurrencies in recent weeks. It has outperformed Bitcoin and many other altcoins, defying the broader market downturn.9 This strong performance can be attributed to several factors, including:
• Positive Ripple News: Ripple's ongoing legal battle with the SEC has been a major catalyst for XRP's price movement. Positive developments in the case, such as favorable court rulings, could significantly boost XRP's price.
• Increased Institutional Interest: Several institutional investors have shown interest in XRP, recognizing its potential as a digital asset with real-world use cases.10 This increased institutional adoption could drive demand for XRP and push its price higher.
• Strong Community Support: XRP has a strong and dedicated community of supporters who actively promote the cryptocurrency and its underlying technology. This community support can help drive adoption and price appreciation.
Potential Challenges and Risks
While the bullish outlook for XRP is promising, it's important to consider potential challenges and risks:
• Regulatory Uncertainty: The ongoing regulatory uncertainty surrounding cryptocurrencies, especially in the United States, could impact XRP's price.11
• Market Volatility: The cryptocurrency market is highly volatile, and sudden price swings can occur without warning.12
• Technical Analysis Limitations: Technical analysis is not foolproof, and it's essential to consider other factors, such as fundamental analysis and market sentiment, when making investment decisions.
Conclusion
The emergence of a bullish flag pattern on the XRP price chart, coupled with increased activity in the $5 strike call options, suggests that XRP could be poised for a significant price rally. However, it's crucial to approach any investment with caution and conduct thorough research before making any decisions.
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. Please consult with a qualified financial
