Key Support and Demand Zone Near....Bounce soon????CAN WE CATCH A BOUNCE OR WILL WE BRING LOWER TO 1.66 RANGE BEFORE NEXT LEG UP?!!
My hope is we catch the bounce off 1.90 and continue up off the flag pattern. I believe this week /month shall test future moves, if we push to the downside I'm looking to reenter at 1.66-1.70. Money is in the chart guys!
XRPUSDC_69033B.USD trade ideas
XRP BUY at .63 Cents I predicted XRP at 38 cents Now if the monthly candle closes below the white line ($1.98) then price will continue to drop possibly to 63 cents before it reaches a new high. This is my fav crypto and I believe this coin can somedays be ranked #2 or even #1 crypto in the world due to the extremely low fees and FAST transactions!
XRP Potential Movements to Plan For…It seems possible at this stage that a triangle pattern will come in to play.
I have no idea if it will, but if it does I see it presenting a good opportunity to go long on a tap of the lower trendline as long as there is an equivalent symmetrical tap on the upper trendline as shown.
If the market does reach the upper trendline first (as shown), it could present an opportunity to go short but I’d consider this a high risk trade.
I see that more as a place in this scenario to take partial profits if already long rather than shorting.
Again, the pattern shown is not a forecast and each leg of the path shown should not necessarily be traded as especially the first couple of paths are unlikely to play out as expected.
It is only the final move which becomes a good opportunity as that confirms the triangle pattern.
Right now I do not know if one is forming, that is just a hunch.
$XRP slow upward movementCRYPTOCAP:XRP has broken its trend and seems to be slowly preparing for an upward movement. The fact that this happens slowly gives me more confidence than if we see those fast runs again.
For now, I first want to see #Ripple back around 2.50 before we approach our previous target of 3.60.
It seems that the entire crypto world is slowly changing the trend and we are slowly regaining confidence.
The coming hours to days will provide more clarity.
Be kind to the world and each other!
Sharing the trendLooking ahead, analysts have varying predictions for XRP's future value. Some forecasts suggest that XRP could reach between $5 and $7 in the first half of 2025, driven by its current momentum and advancements in Ripple's technology.
BARRON'S
Please note that cryptocurrency markets are highly volatile, and past performance does not guarantee future results. It's essential to conduct thorough research and consider multiple factors when evaluating potential investments.
XRP To Make or Break in 2025? A Pennant May TellBITSTAMP:XRPUSD has been Consolidating just above the April 2021 High @ $1.96 and shows potential of forming a Pennant Pattern! What does this mean for 2025?? Lets break it down
Resistance Zone: ( $2.90 - $2.60 )
Support Zone: ( $1.96 - $1.76 )
So far Price has made 2 Tests of both the Falling Resistance and Rising Support and 3 Tests is what usually Validates a Trend line, so we want to be vigilant for what Price ends up doing when traveling to either Leg of the Pennant Pattern!
Indicators:
-RSI Above 50 suggests the overall sentiment is still Bullish
-BBTrend Still Printing Green Bars
*If Price Breaks Below the Support, we could see Price Decline further.
*If Price Breaks Above the Resistance, we could see Price Ascend to the All Time Highs of $3.31.
$XRP Not getting cheaper anymoreMARKETSCOM:RIPPLE I hoped that this would become a little cheaper and that we could get some discount.
CRYPTOCAP:XRP has a strong zone around 2.10 and 2.20 where it will no longer dip. It won't be lower than this for a while.
Lateral moves but definitely ready for a run in the coming weeks.
I'm ready.
Be kind to the world and each other!
XRPUSD Monthly Chart: Elliott Wave Analysis and Key PatternsOn the monthly timeframe, here’s my analysis based on Elliot Wave Theory and observable patterns:
Identifiable Pattern:
The chart appears to form a 5-wave Elliott Wave structure, consistent with a motive wave (impulse). This structure typically aligns with the principles of an overall bullish trend.
Wave Count (Elliott Wave Theory):
1. Wave 1:
The initial sharp rally (early price action).
Represents the first major bullish move.
2. Wave 2:
A corrective phase following Wave 1, marked by a sharp retracement to a support level.
Retraces but does not exceed the start of Wave 1.
3. Wave 3:
The strongest and longest rally, breaking previous resistance levels.
A sharp breakout confirms strong bullish momentum.
4. Wave 4:
A consolidation or pullback phase after Wave 3.
Does not overlap with Wave 1 (as per Elliott Wave rules).
5. Wave 5:
A final rally, potentially ongoing, with price aiming to exceed Wave 3’s high.
Potential Correction:
After the 5-wave pattern completes, an ABC corrective wave (3 waves) typically follows. This chart does not clearly show whether the ABC correction has fully formed yet, but there are hints of prior corrections between the waves.
Additional Observations:
Golden Ratio/ Fibonacci Levels: The pattern aligns closely with key Fibonacci retracement and extension levels, suggesting adherence to Elliott Wave principles.
Bullish Continuation: If the current price action completes Wave 5 and breaks key resistance levels, the broader uptrend could resume after a correction.
This chart shows a classic Elliott Wave structure and could suggest further bullish momentum if the pattern plays out as expected.
XRP: Next Steps in Focus 🔥 FinCaesar’s Commands:
🩸 Resistance: 2.24. Breaking above targets 2.50. Strength beyond this could push XRP to 2.80.
🩸 Support: 2.10. A drop below opens the path to 1.80, with risks of further correction to 1.50 if weakness prevails.
🔥 FinCaesar’s Strategy:
🩸 Buy: Above 2.24, targeting 2.50 and 2.80. Confirm with volume for strong entry.
🩸 Sell: Below 2.10, targeting 1.80. Prepare for potential weakness toward 1.50.
👑 "Greatness rewards those who see the next move before it happens." — FinCaesar
Xrp - Another +100% Pump Is Starting!Xrp ( CRYPTO:XRPUSD ) is sill just getting started:
Click chart above to see the detailed analysis👆🏻
Xrp is so far perfectly following the repetition of cycles after we saw a beautiful breakout candle of November with an insane move of +280%. Looking at previous behaviour, it is now actually very likely that Xrp breaks the previous all time high and continues its strong rally.
Levels to watch: $3.0, $5.0
Keep your long term vision,
Philip (BasicTrading)
In for a short here looking to add to my core long around 1.5I dont typicallyshort cryptocurrencies however based on where I want to add to my core XRP holding I'm sorting down to my first area of interest to add to.
Trading is simply taking calculated risk I'm happy with this risk.
You must too ask yourself the same question always.
Have a great weekend.
Xrp - The First Of Two Massive Breakouts!Xrp ( BITSTAMP:XRPUSD ) is still creating bullish structure:
Click chart above to see the detailed analysis👆🏻
Despite the overall crypto market weakness Xrp is still holding and even rejecting the lower support trendline of the symmetrical triangle pattern. Xrp also created another short term triangle within the long term triangle, so two major breakouts might happen pretty soon.
Levels to watch: $0.6, $1.0
Keep your long term vision,
Philip (BasicTrading)
XRP: Testing the Strength of the BullsXRP holds steady near 2.29, consolidating after a strong rally. The market now faces a pivotal moment as it tests key levels for the next breakout or breakdown.
🔥 FinCaesar’s Analysis:
Resistance:
2.30: Immediate resistance. A breakout could push XRP to 2.50.
2.80: Next major target for bulls.
Support:
2.20: Critical short-term support. A break below could lead to 2.00 or lower.
1.80: EMA 200, the last stronghold for bulls.
🔥 Momentum Indicators:
MACD: Turning neutral, signaling indecision. A move is brewing.
Volume: Lack of strong conviction suggests caution.
FinCaesar’s Strategy:
Buy: Above 2.30 for targets of 2.50 and 2.80. Confirm with strong volume.
Sell: Below 2.20 for targets of 2.00 and 1.80. Prepare for potential weakness.
"The battlefield is set. Victory favors those who act decisively." — FinCaesar