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XRPUSD trade ideas

XRP- Identical pattern with Price projection 2024The price could break either way out of symmetrical triangle. It seems to me that the price has completed triangle pattern abcde which is the wave B of larger degree wave A. The smaller degree wave (b) was also a triangle pattern which was formed from Dec 2013 till Jan 2017 and then it rallied up. The same pattern is now again on the card which has been continuing from Jan 2018 till Jan 2024. It suggests that it will break the BD resistance. The price is still hovering around the 50ma and 200ma.
BITSTAMP:XRPUSD
by sanv-TPD
🥂 Happy New Year! Here's to 2024 and a Goodbye to 2023! 🥂🥂 It's with pleasant thoughts and a blissful peace that I'm happy to write up these few words for you guys, I can't believe today's the last day of 2023 and soon enough we'll be in 2024. 🥂 It is with great honor and pleasure that I'm able to say it's been a good year, sure it's had it's moments and could have been better but it's in those good moments that I learned a lot and gained some great memories. I'm grateful for my family, my kids, my blessings and more. This year has taught me to be grateful and count my blessings amongst all things else. 🥂 I wish nothing but the best for each and every single one of you guys as well as trading view which has allowed me to have this wonderful community, it's crazy to think that less than a year ago this family had less than a dozen people, and now I've got 684 followers or family members as I like to call you guys! It's been a crazy run up but I can't wait to see what the next year holds in store for us! I've got a feeling it's gonna be something especially worth. 🥂 For a quick technical aspect on things, we're still trending with this sort of back and forth wave between 0.60 and 0.65 as we keep getting smacked down whilst breaking 0.65. If I had to guess, as usual it'll likely be some more news that will be our catalyst for a rise and break past 0.65 but regardless I've got no complaints. I'm happy to keep stacking and sitting patiently. After all, patience is a virtue. 🥂 With this being my last post of the year. I'd like to wrap up this year on a happy note and give my blessings and thanks for each and every single one of you guys, this year will do us all much good, I know it and we deserve it. Here's a quick toast to each and every single one of you guys, let's wrap up 2023 and make the most of 2024! Till then, see you all next year! ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
3
XRP to breakout to 0.87 for XMAS 12.25.2023 XRP/usdNot sure why there is such low volume on CRYPTOCAP:XRP but the sentiment is still the same IMO. The Crypto winter is HERE I think XRP is potentially being manipulated by the alphabet boys SEC. CRYPTOCAP:BTC is in an upward channel to test 50K CRYPTOCAP:ETH has broken out to test 2500 Why is CRYPTOCAP:XRP so stagnant??? We have taken out the sub .60 lows, and tested .70 2x in NOV The confluences are aligning and its only a matter of time before the impulsive bull run. .81-.87 is the target which is is 1:5 Risk:Reward ratio as posted. LOAD THE BUS we going NORTH! *This is not Financial advice, simply my own analysis and opinion DYR* #XRPtotheMOON
BITSTAMP:XRPUSDLong
by chestephens1
5
XRPUSD - Historical Data Dear friends, Let’s take a look at the XRPUSD chart. Some people are frustrated that XRP doesn’t move as they want. But when we look at the chart we can tell that patience will pay. We created a similar pattern in 2014. From 2014 till 2017 we created a triangle formation with higher lows and lower highs. Eventually we broke this pattern but for this we had to wait 4 years! Xrp doesn’t move as you want but it’s following a pattern. Since the top in 2017 the downtrend began and yes we are forming again the triangle formation. Now we are almost 7 years later and once this pattern break it can move up far past ATH. From 2014 we bounced 4 times from the rising trend line, the same we did in the current pattern. Also we rejected twice from the downward trendline. Every 3 year it seems that the MACD is crossing bullish. Let’s take a look at this; 2017: + 60000% 2020: +770% 2023: So far +110 % The question is how much procent we can rise this time. IF we break the triangle formation it will be explosive. Even if we drop from here to 0,40 we would still be in the formation. We can’t forsee the future but we can look at historical data. And if you ask me XRP will have its showtime soon. After that we can see a downtrend again for about 3 years.
BITSTAMP:XRPUSDLong
by CryptoColugo
4