XRPUSD trade ideas
MOON TIME has finally come for XRP In this chart I have set up possible outcomes for the direction of XRP We need to see some more closures but we are off to an amazing start . Bags have been packed for a while just had to dust them off lol
XRP breakout!After consolidating for four months, XRP has successfully broken through the 0.625 level, indicating renewed bullish momentum. However, it is currently facing resistance around the 0.73 mark, which may act as a barrier in the near term. We anticipate that the market could pull back slightly to retest support, followed by a period of sideways movement as it gathers momentum for the next potential upward surge. Should the price fall below the 0.60 level, however, this bullish setup would no longer be viable, and further downside could be expected.
RIPPLE - Buy ideaThe recent breakout of the key-level resistance at 0.5793 had been confirmed by the close of the weekly bar. It is more than likely that price action will continue on this upside trajectory. the next significant key-level is at $0.6860, our official profit target.
Next targets if it breaks thru .75.75 is resistance but if it breaks thru, next targets are .83 and .95
XRP GofishXRP looks like it wants to make a break out from its second cycle fractal pattern which from the fractal it copied from its first cycle was much smaller in scale. Macro Diamond Pattern lets go fishing!
XRP is ready for a big move to 10$ XRP has been in this triangle for nearly 7 years, and it's finally breaking out! We could see $10 in the next 6 months. 🚀
Don't sell your houses and cars to buy XRP... just kidding! 😄
Let’s make this happen, guys! Stay strong! 💪 #XRP #Crypto #Breakout
Ripple (XRP)Ripple needs no introduction, an open-source, permissionless and decentralized technology which offer low-cost, speed, scalability and inherently green attributes as well as featuring the first decentralized exchange. Also, Ripple news about legal battle with the SEC increased its popularity; although, the final outcome of these courts battle can determine its long-term direction. Anyway, it can be seen from the chart that XRP loves to make big triangle-shaped pattern, mostly descending ones. And after each ones, XRP's price soared. XRP also broke its last descending triangle pattern and went upward, albeit a little. But it seems for the XRP to soar, we need to wait for the legal battle results. Let's see what happens.
XRP on the Verge of a Major Rally: Bullish Momentum BuildingAt Vital Direction, our technical analysis for XRP suggests that it may be on the cusp of a significant rally. Since XRP’s notable bottom in early 2017, the price surged dramatically until its peak in early 2018, reaching around $3.20. Following this peak, XRP entered an extensive consolidation phase, which, according to Elliott Wave Theory, appears to have formed a WXY complex correction. This correction saw both the W and X waves unfold as ABC zigzags, with the final Y wave developing as a contracting ABCDE triangle.
A critical support level at $0.486 remains pivotal to XRP’s future movement. Provided this level holds, we believe XRP has the potential to break free from its prolonged consolidation phase and surge towards a new all-time high. Our analysis suggests that, as long as $0.486 is not breached, XRP could rally significantly, with a conservative price target of $9 or higher.
This analysis aligns with rising optimism around the potential of XRP’s ecosystem, especially given its integration within financial networks and blockchain solutions. As XRP approaches this decisive support, traders and investors should closely watch for a potential breakout, which could reward those positioned in the market early.
Ugly invh&s on XRPUSD already breaking above the necklineEven though this already now has a sizable candle breaching the neckline of this inv h&s pattern, we must remember that even bigger breaks above invh&snecklines in the past have still found a way to dip back below the neckline, and this candle currently has a decent top wick goin on it as XRP often likes to pull after a pump, so we haven’t validated the breakout of this pattern just yet. However, wanted to post a new updated version of this pattern to show that if we were to validate the breakout here which is a little earlier than where. Arbitrarily placed the measured move line of the breakout on the previous version of this chart, the target would then be slightly higher taking us to around 93-94 cents. Again, no guarantee we won’t find a way to dip back below the neckline here in which case I will ahve to readjust the measured mvoe line lower again but I still out of excitement wanted to post this update considering XRP has been playing it coy the ast few days that bitcoin has been pumping. *not financial advice*
Ugly invh&s on XRPUSD already breaking above the necklineEven though this already now has a sizable candle breaching the neckline of this inv h&s pattern, we must remember that even bigger breaks above invh&snecklines in the past have still found a way to dip back below the neckline, and this candle currently has a decent top wick goin on it as XRP often likes to pull after a pump, so we haven’t validated the breakout of this pattern just yet. However, wanted to post a new updated version of this pattern to show that if we were to validate the breakout here which is a little earlier than where. Arbitrarily placed the measured move line of the breakout on the previous version of this chart, the target would then be slightly higher taking us to around 93-94 cents. Again, no guarantee we won’t find a way to dip back below the neckline here in which case I will ahve to readjust the measured mvoe line lower again but I still out of excitement wanted to post this update considering XRP has been playing it coy the ast few days that bitcoin has been pumping. *not financial advice*
XRP $200+ THIS BULL CYCLE 2024/2025 COINBASE:XRPUSD
Based on the patterns & time frames of the previous cycles without any distractions from the SEC this time. Has the identical set up as the 2016/2017 run.
To the Moon!
XRPUSD Eyes 1-Year Pivot, Caution AdvisedHello,
BITSTAMP:XRPUSD has finally experienced some upward movement and is approaching the 1-year pivot point. However, caution is recommended, as the rally is still dependent on the 1-day pivot point providing support. As long as that holds, the uptrend remains intact.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
Breakout Structure Daily XRPUSD I'm bullish on XRP on this daily timeframe
Looking for a breakout of this triangle drawn between lows and peaks
The breakout will be aggressive and overdue
BULLISH
XRP - returning to ascending channelOn monthly:
RSI breakout is happening
Price needs to break thru resistance cca $0.65
...THEN WE FLY...
XRPUSD appears to be exiting the biggest bullish pennant EVERSome will argue that this pattern is not pennant (and therefore not a continuation pattern).
I think it is just that. Just that it's the biggest thing ever. And it just has just drawn a golden cross o a 4 hour chart. I am forecasting bright future for this thing here.
u.today
XRP Poised for Critical Breakout Amid Key Resistance Levels Ripple’s XRP has been navigating a defined range over recent months, marked by consistent rejections and support zones that traders should be paying close attention to. The current weekly chart reveals a consolidation pattern with key levels acting as critical indicators for potential future price movement.
Key Technical Insights:
Current Trading Range: XRP/USD is trading near $0.589, holding within a rectangular range that spans from approximately $0.497 to $0.665. This range has persisted since mid-2023, showcasing a repeated cycle of buying and selling pressure.
Potential Breakout Indicators: A close above the $0.665 level, which aligns with the first “SELL Stop 1” threshold, could pave the way for a rally towards higher resistance levels, notably around $0.742 and $0.852. These points mark historical pivots where significant rejections occurred.
Volume Dynamics: The recent uptick in volume hints at growing interest, suggesting that a decisive move could be on the horizon. Traders should monitor if this surge in volume accompanies a break of the current range or signals another false breakout.
Downside Risk – Key Supports to Watch: On the downside, the $0.497 mark is highlighted as a critical “SELL Zone” but carries a caution of potential bounce. A weekly close below this level would likely lead to further downward momentum towards the $0.439 “BUY ZONE,” providing a potential entry for long-term positions.
Conclusion:
Investors and traders should be vigilant as XRP approaches these pivotal levels. The confluence of past trading behavior and heightened volume indicates that the cryptocurrency may soon break out of its months-long consolidation phase. While an upside breakout could propel XRP towards $0.742 and beyond, caution is warranted as reversals within the current range remain possible.
Extremely ugly invh&s currently in play on XRPUSDI have placed the measured move/breakout target line rather arbitrarily here. It wouldn’t surprise me if price action had a pullback or correction to reset some of the indicators before actually breaking above the neckline in which case the measured move breakout line(dotted line) would most likely need to be readjusted lower than where I’ve arbitrarily placed it here iin the process lowering the breakout target as well. Always a possibility that it doesn’t correct in between now and reaching the target though in which case we are looking at a target somewhere around 89-93 cents. I know many who only consider bukowski’s textbook version of an inverse head and shoulders to be one will have their skepticism about such an ugly looking example of an inverse head and shoulders, but n my experience it is the ugliest and most asymmetrical examples of inverse head and shoulders patterns that seem to have the highest percentage of being validated and reaching their full breakout targets. *not financial advce*
XRPUSDIf you followed this setup with us, you are still doing well. If not, here's an update:
We are still in this trade and have cut some profit. This helped out tremendously with the Gold oversight and we'll hold the last position to completion. If you have not moved your trailing stop up please do so now depending on where your entry is. Ours was at .51402 and .52395 with a stop at .48629 which was moved to.52395 to cover the last entry.
Next week we'll be taking a low risk approach moving toward the holidays but rest assured we will be on standby for all good looking opportunities that present themselves!
T.Y.L.A.
RIPPLE (XRP) Big Triangle PatternXRP is currently forming an ascending triangle pattern, with price action testing the minor resistance at 0.5631. A breakout above this resistance could pave the way for a bullish continuation toward the next target at 0.6658.
However, if the 0.5631 resistance holds, we could see a potential pullback toward the triangle’s support at 0.51077.
This analysis will be updated if any significant changes occur. Thank you.
Getting thereThis a just a simple idea of what could happen. Not necessarily the exact blue line 1-5, I am in favor or the orange line moving downward. We have seen typically that there is a bull trap right before launch. I expect a major rejection off the black line downward trend line like we have seen a downward wedge shaping. However the biggest picture we know is the 7 year triangle forming for a major pump. Keeping a bag for potential break and preparing funds for a major move downward to load up.
If this breaks and does a rapid move upwards we will scalp in, but I don’t believe this is the major move just yet.
Good luck and have fun with it.
