Ripple in a huge bull flag? What do you think, up to $10?Ripple in a huge bull flag? What do you think, up to $10?
XRPUSD trade ideas
XRP TO THE MOONIm predicting if XRP D candle breaks above my triple top trend line we can see super bullish movements! If not price may drop back to $2.10 again. Overall XRP to the moon
Breakout ? Looks to be breaking out of its trend to the upside of the flag that has transpired. I don’t know how high it will go but I’d guess near $3 if we can close above this flag.
XRP Short XRP historically fails after it has a rally. Each time on this monthly chart, XRP has pulled back drastically. With 3 months worth of growth, we can expect the prifit taking to occur to account for tax liabilities for the upcoming tax season as profit taking will take place to cover.
This pull back needs fuel to take it to the next level. Next major price level based on the 2017 impulse is $4.25, then $5.41, then $8.75, then $12.10, then $14.17
XRP Price Update: Breakout or Fakeout?XRP is currently trading at $2.43 after breaking out of its falling wedge pattern, but there’s a twist it broke out with a red candle, which adds some uncertainty to the move.
1. Falling Wedge Breakout:
**XRP just broke out of the wedge, a typically bullish signal, but the breakout candle closed red. This could mean the move isn’t gaining the momentum we’d expect at least not yet.
2. Resistance Ahead:
**The next key level to watch is $2.90, which aligns with the projection of a potential upward spiral. However, the breakout’s strength is still in question.
3. Support Levels in Play:
**If the breakout doesn’t hold, $2.00 or even $1.47 could act as critical support levels for a pullback before a stronger move.
4. Volume Watch:
**Volume is still relatively low, which raises some doubts. A proper breakout usually comes with a significant volume spike.
Keep an eye on how XRP behaves in the next few candles. A strong green candle with higher volume would confirm the breakout, while continued weakness could signal a false breakout and a pullback to lower levels.
💬 What do you think? Is XRP just catching its breath before a big move, or is this breakout losing steam? Let us know! 📊
XRPUSD LONGFor me this is a technical trade setup based on the current market conditions however in hindsight of how XRP tends to pull back even during a bull run, I will practice cautions in how I enter the trade therefore I either for the pull-back towards 2.26 price or a breakout above the symmetrical triangle and then enter on the support retest. In the short term the price target is 2.84.
Summary :
Entry (Buy) - 2.26 or 2.48 After breakout
Target = 2.84
Sound sleep with planned trades!!!
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XRP Short 9.5RWe are about to test the descending green trendline.
It’s very possible it cuts through and continues higher with significant momentum but most of the time trendlines this significant do create some kind of reaction.
There is a daily imbalance which seems like a reasonable target.
There is also a smaller secondary bearish pattern leading into this key area of supply.
Xrp on the verge of exploding!This is the moment we've been waiting for. No time left for HUGE Xrp move to the upside! 🚀
XRP, will history repeat?XRP and the Army.
XRP will do nothing and could be considered a stable coin until it finally doesn't. Historically XRP does nothing without the rest of the market, they all follow bitcoin.
When does the magic start? When the yellow line crosses the purple and the red, more specifically the purple. Until then, stable coin. I have that area circled in prior history.
When it starts it should be 4 weeks of insanity then a correction and pause for approximately 8 months and a final 4 weeks of the final phase. That's the good news, the bad news is it might be well into 2024 and bitcoin will have to make new highs before XRP de-pegs it self from it's stable coin status.
I have also added the TDI indicator on the bottom as it shows the bear market areas and bull market areas.
I Have linked another chart that I made a few back on XRP and a lengthening altcoin cycle chart.
I have picked long for XRP but I don't expect it anytime soon. The earliest would be late this year but most likely 2024.
WeAreSat0shi
Thank you
5R XRP LongHigh risk trade, 30% chance of success.
There is a bear flag already formed so that could indicate a downside move is imminent and the market is currently in higher timeframe resistance.
However there is a trendline above which the market could seek first.
Big bullish flag created for XRPAfter XRP had hit $2.80 range; it has the shot to hit $3.
All it needed is to play around the symmetrical Triangle inside the bullish momentum and break thru above it.
The bears had weakened; so now XRP has a shot to hit $3 then into 4$ area but to me its possible to hit $5 and higher this year.
XRP consolidating before next move?Let’s dive into what’s happening with COINBASE:XRPUSD right now and why this could be an exciting moment! Here's what I’m seeing:
🔍 Key Levels on the Chart:
The price has recently consolidated within the Golden Zone (based on Fibonacci retracement) from $2.70 down to $1.95.
Before this, XRP consolidated in the previous Golden Zone created from the $1.30 to $2.90 move before taking off.
🔥 What This Means:
Golden Zones often act as strong support/resistance levels, and price action is currently respecting these areas! This consolidation in the current zone suggests that XRP is gearing up for its next potential move.
📊 Indicators to Watch:
RSI: Mid-range, giving plenty of room for an upward move.
MACD: Momentum is starting to shift upward, showing potential for a bullish breakout.
Stochastics: Hovering at mid-levels, hinting at a possible bounce.
🚦 Key Levels to Break:
To confirm another leg up, XRP needs to break above the $2.40–$2.45 area with strong volume. If it does, we could see the next big run!
⚠️ What to Watch Out For:
If the price fails to hold within this Golden Zone, it could test lower levels. Always manage your risk and use stop-losses!
💡 My Take:
The consolidation in the Golden Zone is a bullish sign, but confirmation is key. Let’s see if XRP has the momentum to break out and make another run.
What are your thoughts? Let’s discuss in the comments! 👇
xrp leading the waywe are starting to see XRP break out so i have two options for the market #1 we are at the bottom and will start to see everything break out #2 we will see a c wave to make a lower low, this should be verified within a few days. i am leaning toward a breakout by cannot verify until i have more time to look at the charts. so we are at a tipping point.
XRP Bullish but not straight line god candleAs titles says, todays moves are more spread out and whipsaw vs clear up/down on D/W. Even though the averges are holding up, i dont expect them to, and breaking below wont be bearish more than short term.
XRP/USD Analysis: Potential Retracement Before the Next Move Up.Hey everyone,
I wanted to share some insights on the current state of XRP/USD and the potential for a retracement before we see another upward movement. Here's a comprehensive overview:
Current Technical Analysis (H1)
Price: $2.3989 (as of Jan 2, 2025)
Moving Averages: All short and long-term moving averages are indicating a strong buy signal.
Indicators:
RSI (14): 81.119 (Overbought)
STOCH (9,6): 65.3 (Buy)
MACD (12,26): 0.072 (Buy)
ADX (14): 62.561 (Strong trend)
Williams %R: -12.568 (Overbought)
CCI (14): 136.6313 (Buy)
Ultimate Oscillator: 66.304 (Buy)
ROC: 12.766 (Buy)
Bull/Bear Power (13): 0.1873 (Buy)
Latest News
Ripple Labs' New Partnership: A major financial institution has partnered with Ripple Labs to expand the use of XRP in cross-border transactions.
Regulatory Developments: Positive regulatory news in several countries is boosting the adoption of XRP.
Market Sentiment: The overall bullish sentiment towards cryptocurrencies, with increased institutional interest and investment, is supporting the price rise.
Price Predictions
2025 Predictions: Analysts' predictions for 2025 range from conservative estimates of $1.12 to more bullish forecasts of $10 to $20.
Short-Term Resistance Levels: XRP is expected to face resistance around $2.66. A break above this could see prices rally towards $3, while a fall below $2.21 might lead to a retest of support around $1.96.
Market Impact Factors: The ongoing SEC legal battle is a significant factor. A positive outcome could result in a substantial price increase, whereas a negative outcome could apply selling pressure.
Potential Retracement Levels
Fibonacci Levels: Watch for potential retracements to the 0.382 ($2.10), 0.5 ($2.00), and 0.618 ($1.90) levels.
Support Zones: Key support levels are around $2.00 and $1.90.
Descending Triangle Pattern: XRP is currently in a descending triangle pattern, with a key support level at $2.10.
Key Takeaways
Given the overbought RSI and the current technical setup, a retracement to the $2.10 or $2.00 levels is possible before XRP may move higher.
Keep an eye on the key support and resistance levels, and stay updated with the latest news and regulatory developments.
This combined analysis suggests a bullish outlook for XRP/USD, but it’s crucial to be prepared for potential pullbacks.
Stay informed and trade wisely!
Combined Analysis for XRP/USD.Technical Analysis (H1)
Current Price: $2.3989 (as of Jan 2, 2025)
Moving Averages: All moving averages (MA5, MA10, MA20, MA50, MA100, MA200) are indicating a strong buy signal.
Technical Indicators:
RSI (14): 81.119 (Overbought)
STOCH (9,6): 65.3 (Buy)
MACD (12,26): 0.072 (Buy)
ADX (14): 62.561 (Strong trend)
Williams %R: -12.568 (Overbought)
CCI (14): 136.6313 (Buy)
Ultimate Oscillator: 66.304 (Buy)
ROC: 12.766 (Buy)
Bull/Bear Power (13): 0.1873 (Buy)
Latest News
Ripple Labs Announces New Partnership: Ripple Labs has announced a new partnership with a major financial institution to expand the use of XRP in cross-border transactions.
Regulatory Developments: There have been positive regulatory developments in several countries, which could potentially boost the adoption of XRP.
Market Sentiment: The overall market sentiment towards cryptocurrencies remains bullish, with increased institutional interest and investment in the sector.
Latest Predictions
XRP Price Prediction for 2025: Analysts have varying predictions for XRP in 2025, with conservative estimates around $1.12 and more bullish forecasts potentially reaching $10 to $20.
Short-Term Predictions: In the near term, XRP is expected to face resistance around $2.66. If it breaks above this level, it could rally towards $3. Conversely, if it falls below $2.21, it might retest support levels around $1.96.
Market Sentiments: The ongoing legal battle with the SEC remains a significant factor. A positive outcome could lead to a substantial price increase, while a negative outcome could cause selling pressure.
Recent Speeches
Jake Chervinsky's Speech: Emphasized the potential for significant crypto support from the US federal government in 2025.
Analysts' Consensus: Optimism about XRP's future, especially with the potential approval of XRP-spot ETFs, which could attract institutional interest.
Conclusion
The technical analysis and recent news both suggest a bullish outlook for XRP/USD. The strong buy signals from the technical indicators, positive news about partnerships and regulatory developments, and optimistic predictions and speeches all point towards a potential rise in XRP's value.
This combined analysis can provide a comprehensive view for forming a trading strategy. If you're considering trading XRP, it's essential to monitor the key support and resistance levels, stay updated with the latest news and regulatory developments, and keep an eye on the overall market sentiment.
Happy trading, and may the markets be ever in your favour! 🤑📈
Go time again for xrp... white line is .702. Iykyk... Got above .702 and retested as support. It is ready, hope the market is warm up and ready to roll with it.
Ripple XRP Huge BULL FLAG formation? XRP ALERT!Not my typical trade setup but when they are as obvious as this one has to take note.❗️
With such a strong rally over the past 24hrs or so you would be forgiven for expecting XRP to take a breather and have some sort or retracement but two things I always teach is:
🟢 Every strong trend starts with a breakout and
🟢 An asset can retrace in TIME rather than in PRICE, more commonly viewed as a consolidation on the chart.
If you plan on taking on this setup remember to consider entry on a lower timeframe to manage risk and reduce the stop level if you use one.
I know alot of you younger guys refuse to use stops "YOLO" you say BUT like I say "you can't trade without CAPITAL" so always manage your risk.👌
I'm heavily bullish on Ripple. In addition to the news that can strongly affect the future of Ripple, the most important thing that can affect its trend is the acceptance of institutions and stores, which if it happens in 2025, will reach even higher targets.
is xrpcoin looking for a breakout?CRYPTO:XRPUSD
0.6200 level marked, if it sustain above 0.62 then next level is 2.
note:
don't trade with these marked levels, please trade with your own analysis and responsibility.
XRP - Textbook?Symmetrical Triangle on the (D). I believe it is to breakout soon more so on the fundamentals but when the technicals align as well, hooo baby that’s a set up I like. Let’s see if it plays out
like this tho. I’ve been in XRP since 2020 after God had led me to do my DD and invest. I always looked at XRP as a long term investment, but I recently just opened a small position just for fun and to take advantage on the way up. Lmk what you think. Thanks.
STRONG BREAKOUT - CONTINUATION IMPULSE?As illustrated, we see a strong bullish 1D candle break-out of the bullish pattern (consolidation phase), which could indicate the start of the continuation impulse to the upside to re-test previous highs and potentially breaking to create ATHs.
Target area:
AB = CD:
It is calculated based on the measurement of the first bullish impulse; meaning it should be the same distance.
That being said, the price target would be the $4.300 - $4.500 range.
Fundamentals:
A lot of expectation with Trump's take over and his plans for the crypto industry. As the date comes closer ( 20th of JAN ), there could be a hype into the general market; specially XRP since (apparently) there's talks about RLUSD replacing USDT + serving as a governmental stable coin which the US could start using.
Another key event would be the potential BTC reserve that Trump might decide to create. This would increase demand of BTC tremendously, causing a chain reaction effect in most alt coins. It only makes sense to do this with how fast the industry is expanding and growing.
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GOOD LUCK.
