XRPUSD - Triple Zigzag in progressTrend: Uptrend
EW No.:- Wave (iv) in progress
Note: Predicting Wave (iv) will complete soon by completing Wave c to complete Wave Z of Wave (iv). Hope this is the final correction wave (triple zigzag) before going to Wave (v) to complete expanded Wave 1.
Typically zigzag is rare for wave 4.
This is just my point of view. No trade recommendation. Please do your own analysis before placing any trade. TAYOR.
XRPUSD trade ideas
XRPUSD POSSIBLE SELL?Based on Daily TF, the market is in a downtrend. The market is currently testing a Daily structural area abd the 4HR TF is showing a possible reversal pattern. Let's see if this trade idea will play out.
Disclaimer:
Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account.
High-Risk Warning
Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.
Bullish Divergence in RSI right as XRP reaches LPS range.This is just an update on my ideas from Feb 6th & 7th, view my Feb 6th post for in-depth analysis.
The price is behaving a bit more bearish than my projection lines indicated, but the pattern and timeframe for the pattern unfolding has been spookily accurate.
XRP- Key Levels to Watch amongst ETF SpeculationXRP has been on a wild ride, rallying impressively from the $0.55 range in November to its current levels. However, the market has been challenging over the past few weeks. Despite this, $2.48 remains a crucial support level, one that should not be ignored.
📌 Key Levels to Watch:
🔹 Support: $2.48 – A critical level that, if lost, could see XRP drop to $2.28.
🔹 Resistance: $2.99 – A reasonable target for the next bullish move.
🔹 Major Resistance: $3.36 – The level to break for further upside potential.
The overall crypto market sentiment remains uncertain, but as we approach March, we could see increased momentum. Speculation around an XRP ETF and ongoing regulatory developments add to the mix.
💬 What’s your outlook on XRP? Can we expect new all-time highs this year? Let me know your thoughts in the comments!
One Love,
The FXPROFESSOR 💙
WILL #XRP HOLD THIS BULLISH TRENDLINE LEVEL?#XRP is currently sitting on the DAILY bullish trendline. The RSI is also showing us the same.
If we manage to hold this level, we could see XRP reach a new ATH, however if we break this support, XRP will see $1.80 again.
The market is currently very volatile and sudden movements can very much be news dependant. Watch and manage your positions closely!
XRPUSDThe XRP/USD price chart is currently forming a bullish pennant pattern, which is a continuation pattern that typically signals the resumption of an upward trend after a consolidation phase.
Pattern Analysis
The pennant structure consists of a strong bullish impulse move (flagpole) followed by a tightening consolidation range, forming a symmetrical triangle.
This pattern suggests that buyers are gathering momentum before a potential breakout to the upside.
Key Resistance and Breakout Level
The 2.79 level is a crucial resistance zone. The price is currently testing this area, and a confirmed breakout above this level could trigger a strong bullish movement.
If the breakout is successful, the next potential resistance levels are at 2.90 and 3.02, which can act as price targets for the bullish move.
Market Expectation
A break and close above 2.79 with increased volume could confirm the bullish breakout, leading to further upward momentum.
If the breakout occurs, XRP/USD could continue its bullish trajectory, targeting higher price levels in the short to medium term.
XRP is leaking a lot of money!It seems like it is too soon for the markets to stop trending up, what is happening?
To make story short, there is no money!
Orders are becoming fewer and fewer only bots remain trading all day, lots of folks going into gold, holders buy and never comeback in many years, if this continues there is not going to be another option for to lower prices.
XRP failing to reclaim the 2.62 line will equal bearish XRP even on a full moon.
Targets going down 2.33, and 2.07.
I think have a strong chance to hold if that doesn't hold then we might see XRP at 1.50-1.70 again, But for now the 2.07-2.33 line looks strong.
XRP drop before skyrocket.Weekly timeframe:
Overbought - RSI and Stochastic Oscillator.
Hanging Man and Bearish Engulfing candlestick patterns.
The market needs to retest the previous supports.
Never forget that the market retest all the major prices before proceed with an uptrend or a downtrend move, as also never forget the direction of the market in the bigger timeframes.
If you want to buy an asset do not fall in the trap: (buy the dip + buy the dip + buy the dip) = BUY THE DIP
Ripple: Short-term Sell-offs ExpectedRipple’s recent upward push didn’t prove to be sustainable. Anyway, we primarily anticipate another significant sell-off, which should drive the price down into our magenta Target Zone between $1.69 and $1. These declines should allow the corresponding corrective wave (4) to establish a proper low. Only after this bottom has been settled do we reckon with the extended rise of the magenta wave (5), which should target new all-time highs beyond the $3.39 resistance. If XRP breaks above this green level sooner than primarily expected, the magenta wave alt.(5) will begin prematurely. Under this 33% likely alternative scenario, the magenta wave alt.(4) would have already concluded with the February 3 low, and our magenta Target Zone wouldn’t be reached.
XRP 2/17 (scalping + forecast) 🔥 Market Overview:
Trend: XRP is in a consolidation phase on lower timeframes (2H, 30M) after a strong rally, while maintaining a bullish macro trend on the weekly chart.
Key Levels: XRP is fluctuating between $2.63 – $2.80, with key resistance overhead.
Resistance:
🩸 Major Resistance: $2.80 (breakout level—could push towards $3.00+).
🩸 Local Resistance: $2.72 (current intraday selling pressure).
Support:
🩸 Major Support: $2.63 (if lost, expect a drop to $2.50).
🩸 Local Support: $2.68 (buyers stepping in).
Indicators:
MACD (30M, 2H): Neutral, no strong momentum shift yet.
RSI (30M, 2H): 55-67, showing some strength but near overbought conditions.
EMA 200 (30M, 2H): Acting as dynamic support—bullish if held, bearish if broken.
🔥 Scalping Strategy:
🩸 1. Breakout Scalping (Momentum Play)
Long Entry: Above $2.80, targeting $3.00.
Short Entry: Below $2.63, targeting $2.50.
🩸 2. Range Scalping (Sideways Trading)
Buy: $2.68 – $2.70, targeting $2.72 – $2.74.
Sell: $2.74 – $2.80, targeting $2.68.
Stop-loss: Below $2.66 (for long), above $2.82 (for short).
🩸 3. EMA Scalping
If XRP rejects EMA 200, short with a target at $2.68.
If XRP flips EMA 200 into support, long with a target at $2.80+.
🔥 Mid-Term Trend Forecast (1-3 Weeks):
Bullish Scenario: XRP breaks and holds above $2.80, pushing towards $3.00+.
Bearish Scenario: XRP fails to hold above $2.63, leading to a retest of $2.50 – $2.40.
🔥 News & Market Context:
XRP ecosystem updates: Any legal or regulatory news could impact price.
Institutional Flow: Lack of major accumulation, but watch for sudden volume increases.
Crypto Market Sentiment: If Bitcoin surges, XRP could follow.
🔥 Decision:
🩸 Short-term: Scalping the $2.63 – $2.80 range, waiting for confirmation.
🩸 Mid-term: Breakout play above $2.80 or shorting below $2.63.
🩸 Ideal Play: Monitor EMA 200 behavior—this will dictate the next big move.
👑 Final Verdict:
XRP is in a tight consolidation zone, with $2.80 as the key breakout level. Scalp within the range, but a confirmed breakout or breakdown will define the next big trade.
🔥 FinCaesar's Quote:
"A trader without patience is a gambler—wait for the setup, then strike with precision." 👑
XRP/USD 50% retrace or straight to buy continuation?The price is on a level where its showing potential sell to 50% retracement of this whole buy momentum or maybe even just a fake breakout and right back to buying continuation. This is where you have to be carefull and really look for right confirmations...in this position there can be alot of things going trough your mind and here is where you need to know if you are sure that you know what story the price is telling you.
XRP Elliot Wave updated Analysis
Looking at the Weekly-->Daily-->4 hour time frames we see a clear example of a 5-3 Elliot Wave structure coming to a conclusion. Monitor closely the next dip for confirmation of final wave C retrace if price goes to the 1.26 - 1.68 range.
Another possibility, although less likely as it does not appear on the Weekly and Monthly time frames and is not supported by RSI wave trends, is that the A-B-C retrace bottomed out with Wave C at $2.31. This would indicate a new 5-3 set up with current up-trend of Wave 1.
Crucial to monitor current retrace with RSI confirmation. Expectation is for RSI to fall below 30 with the price reaching the target of 1.26 to 1.68. This will indicate a completed 5-3 structure with a set up and entry point for wave 3.
XRP POII am watching the bullish FVG I have highlighted below. I want to see if price retraces lower into it to find bullish support for higher prices.
If we go into smaller time frames we can see that XRP is consolidating again. This could be very bullish for us if XRP is looking to blow the $3.40 highs.
DISCLAIMER:
TRADING CAN CAUSE COMPLETE LOSS OF FUNDS. ANYTHING I SHARE HERE IS JUST MY INSIGHT AND NOT FINANCIAL ADVICE.
XRP (Ripple) my notes for long-termIn its current state, it has been stuck in the $2.25 - $2.9 range for months. In order to continue the uptrend and work the flag formation, it must first rise above $2.9 and then make a new ATH. In its current state, it is expected to go back and forth between $2.25 - $2.9. I am following the support and resistance levels I marked on the chart. If $2.25 is lost, these formations will not work.
In the uptrend if it happens, my possible new ATH (taking profit) targets are: $3.5 - $3.9 - $4.5 - $4.9 - $5.5. The big flag formation target is between $10-11. For now, I am holding for the more realistic targets of $3.5 and $3.9. If things go well for XRP for those who want to hold for the long term, for years, why not a $10 target. But no one can know that.
This is not investment advice.
XRP FINAL STEEP DISCOUNT OPPORTUNITY IS IMMINENTMy time-wave cycles analysis (among other components) indicating we will have a final sell wave to 1.45-1.7 zone over coming days (before FOMC meeting in March imo).
Granted I was a little off on exact timing to reach the buy-side targets back in December but nonetheless accurate on projected price levels..See prior analysis at attached link for the projected high coming in at 3.1-3.3, exactly as it happened...
I have no doubt this final sell wave will also occur. Depending on your goals & trading style, you may treat this next sell wave as an opportunity to simply add more at discounted levels via DCA'ing....or choose to sell at these relative highs to maximize position size once again from sub-1.70 levels.. I DO NOT EXPECT US TO SEE sub-3$ ANYTIMEagain after this next sell wave completes & then buyers take us to 4+ in q2 & beyond.
Expecting this to be the FINAL steep discount buying opportunity for those interested in maximizing their capital purchasing power for long term speculative hodling
Follow for additional actionable alerts & analysis. Appreciate the boosts & looking forward to your comments as well!
Scalping & Mid-Term Analysis for XRPMarket Overview:
Trend: XRP is showing strong recovery after a deep correction, trading near key resistance.
Key Levels:
Resistance: ~$2.80 - $3.00
Support: ~$2.60 - $2.65 (weak), $2.50 (stronger)
Indicators:
MACD: Bullish momentum forming, but needs confirmation.
EMA: XRP bounced above the 50 EMA, signaling short-term strength.
RSI: At ~60, near overbought but not extreme, allowing further upside.
🔥 Scalping Strategy:
🩸 1. Range Scalping (Short-Term Play)
Why? XRP is trading between resistance and support with strong volatility.
How?
Buy near $2.65 - $2.70, scalp to $2.80 - $2.85.
Sell near $2.85 - $3.00, as resistance remains strong.
Stop-loss below $2.60, as breakdown could accelerate.
🩸 2. Breakout Scalping (If Trend Resumes)
Trigger: Break above $3.00 or below $2.65.
Execution:
If XRP breaks $3.00, scalp long targeting $3.20 - $3.30.
If XRP drops below $2.65, scalp short to $2.50.
🩸 3. EMA Scalping
Why? XRP flipped the 50 EMA into support, meaning pullbacks are buyable.
Execution:
Buy near EMA (~$2.70 - $2.75) if price bounces.
Short only if XRP fails at $2.85 - $3.00 and loses EMA support.
🔥 Mid-Term Trend Forecast (1-3 Weeks)
Bias: Bullish → Neutral
Why?
XRP reclaimed the 50 EMA, indicating buyers are active.
$3.00 remains key resistance – a breakout can push to $3.20 - $3.30.
Failure to hold $2.65 means another test of $2.50 before a stronger recovery.
Only a strong push above $3.00 confirms bullish continuation.
🔥 News & Market Context:
Momentum building, but XRP needs a breakout to sustain bullishness.
Whale activity suggests potential liquidity grab below $2.65 before a move up.
Strong correlation with BTC – if Bitcoin pumps, XRP follows.
🔥 Decision: Enter or Stay Out?
🩸 Short-term: Scalping range works, but watch for breakout confirmation.
🩸 Mid-term: Bullish if XRP holds $2.70+ and breaks $3.00.
🩸 Ideal Play: Buy dips above EMA, short only if resistance holds.
👑 Final Verdict:
XRP is showing strength. If it breaks $3.00, expect $3.20 - $3.30. Otherwise, a dip to $2.65 - $2.50 is possible before continuation. 🔥