Get started
XRPXRPXRP
#3#3#3

XRP

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

XRPUSD trade ideas

GENSLER'S EXIT AND TRUMPS INAGURATION! XRP IMPACT🔥 Hey hey, hope everyone's doing well today. Sure most of you are busy so I'll keep this short and concise. Thanks for tuning in as always. 🔥 With the exit of the SEC's Gary Gensler tomorrow as well as trumps inauguration in which many are anticipating, expecting trump to execute a series of executive orders, primarily in regards to the digital asset industry as he's voiced his support of cryptocurrencies and America holding a dominant position in the field. 🔥 Alongside trump's Inauguration we have Gary Gensler's exit which the crypto and digital asset industry is celebrating and no doubt that will be met with positive sentiment tomorrow alongside trump's inauguration. In lieu of Gensler's exit the SEC has also seen a number of ETF submissions highlighting what many are looking to as a positive road ahead for the digital asset space as many expect the SEC will take a kinder stance to the digital asset space now with Trump as soon to be president and Gary Gensler out of office. Referenced below is an article highlighting the recent ETF submission for any interested. cointelegraph.com So definitely expecting prices to be volatile tomorrow, anything can happen but as far as I can see, things look positive, it's been years in the work, but things are working well for Ripple and it's holders. We've persevered and the wait will be well worth it. 🔥 And as for a quick technical look, we're still within this descending channel so I'll be keeping an eye on that to see whether or not we can get a breakout or if we'll continue the trend down though with how tomorrow is looking, chances are we'll have a green day to say in the least. I've attached a 30 minute chart below for reference as well: 🔥 Have to go but as I said, a short and concise idea. Expect tomorrow to be volatile with news and positive sentiment likely driving the market so keep note of that and keep posted as always, let's make the best of it and thanks for tuning in, till next! ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
1
XRP’s Bullish Breakout: Is a $100+ Price Target Within Reach?The XRP/USD monthly chart offers a comprehensive view of its price action, highlighting significant patterns and potential for future gains. This analysis examines the cryptocurrency's historical performance, current trajectory, and the implications of its recent breakout. The monthly timeframe provides a long-term perspective, with each candlestick representing a full month of trading activity. This timeframe is particularly useful for identifying overarching trends and minimizing the noise of short-term price fluctuations. Key levels on the chart include XRP's current price of $3.24, a potential accumulation zone around $0.70, and a long-term price target of $131. Historically, XRP's price movements have been defined by two primary patterns. The first is a wedge pattern that occurred between 2014 and 2016. This pattern marked a phase of consolidation before the price broke out sharply, culminating in a peak around $3.17. This initial breakout laid the groundwork for the subsequent ascending triangle pattern that has developed since 2017. The ascending triangle is a bullish continuation pattern that features a horizontal resistance line at approximately $3.17 and an ascending trendline connecting higher lows. This formation signals increasing buying pressure and accumulation over time. The recent price movement shows a breakout above the resistance level, suggesting that the pattern is playing out as expected. The projected price target, calculated based on the height of the triangle, points to a potential long-term valuation of $131. The chart highlights two critical zones: the red box and the green box. The red box, located below the ascending triangle around $0.70, represents a potential accumulation zone and serves as a critical support level. Traders often use this area as a stop-loss point to minimize risk. Meanwhile, the green box above the breakout level indicates the potential price projection, with a target near $131.4. Reaching this zone would represent a dramatic upside from current levels. While the recent breakout above $3.17 is an encouraging signal, further confirmation is required to ensure the move is sustained. A consistent upward trajectory beyond the resistance level will validate the bullish pattern and strengthen confidence in the price target. However, achieving this target will likely take a considerable amount of time, as the monthly timeframe suggests a long-term horizon, potentially spanning months or even years. Market sentiment and fundamental factors remain crucial to XRP's future performance. Broader cryptocurrency market trends, adoption developments, and regulatory news can significantly influence its trajectory. Additionally, the volatile nature of cryptocurrency markets means short-term dips are always possible, even within a bullish trend. In conclusion, the XRP/USD monthly chart reveals a promising ascending triangle breakout, signaling the potential for significant long-term gains. With a price target of $131 in sight, XRP could deliver substantial returns for long-term investors. However, careful risk management, patience, and a comprehensive approach that combines technical and fundamental analysis are essential for navigating this opportunity. Disclaimer: This is not a financial advise. This analysis is purely for informational purposes and should not be considered as investment advice. Trading involves risk, and you should consult with a financial professional before making any decisions.
BITSTAMP:XRPUSDLong
by SigmaSignals
XRPUSDT breakout ATH targetXRP has held the weekly major level of 2.21 and now looks to be breaking out from a symmetrical triangle pattern to the upside. Our targets are ATH from here, extensions for this season allow price to target $8 which coincides with previous breakouts from XRP based on percentage breaks from a starting price. 2.35 is another big level which might need back testing along the way, remember 10-20-30% pullbacks are normal in crypto. This is solely my take on the charts. Please do your own research before taking any trades. Thoughts and comments welcome.
BITSTAMP:XRPUSDLong
by PLaceUrBetsPlease
10
XRP SOARS AND THE XRP AVATAR RETURNS!🥂 Hey hey! Hope the new year has been great to everyone! It feels amazing to be back after being encased in ice for 100 years but I'm back now when the world needs me most, and for good! Short to say, the XRP Avatar is back. 🥂 Things have been nothing short of stellar for XRP the last few weeks much like a snowball headed down a hill, growing evermore as it rolls on down with nothing but positive and amazing news. Today's main driver has trumps words as he's expressed interest in the idea of creating an American strategic reserve for cryptocurrencies which could potentially include the likes of XRP, Solana and the USDC stable coin which is managed by CIRCLE. (Not to be confused with Ethereum's USDT*) I've attached a link to an article below for those that would like to. www.coindesk.com 🥂 So that's basically been the main driver behind this rally today and why we're seeing XRP hit yearly high's as it flew over that $3 point just managing to hit $3.40 before we hit that resistance understandably. 🥂 And for technical we'll take a quick look at our minute chart where we'll be able to see that resistance: 🥂 Pretty clear that bulls are taking the lead as whales continue to save us and keep XRP from losing control or converging with that 200 EMA. We can already see how we almost lost the ball at 9:30am when we had that selloff but bulls managed to overcome sellers with crazy buying power preventing us from losing the 200 EMA. So that's been positive and we'll be looking now to that $3.38 horizontal level to watch for another possible breakout. Either way the news is running the trade today and it's nothing but positive so far. 🥂 As for support here's what I've got and what I'm watching as we lock in that support at $3.20 where we see price broke out and found support in two instances so we'll put that down as the support should we reverse or retrace. I'll set an alert for that to keep an eye. 🥂 Before I end this, just want to give thanks again. Really appreciate you guys joining me today and remember, the markets are going to be crazy the next couple days, especially as Trump gets inagurated and the market watches to see what moves he makes his first day in office with many hoping for him to take legislative action in regards to digital assets. I'll be sure to keep you guys updated so be sure to keep tuned and posted and till then, wishing all the best! Best regards, ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
1