XRP is pumping because of 50% Open interest riseXRP is pumping because of 50% Open interest rise right now, the price has reached PoC of pRANGE. Time for stop or pullback For further rise, the price should consolidate 02:46by Yuriy_BishkoUpdated 1112
XRP (Ripple): Pullback in UptrendTrade setup : Price is in an uptrend. Following a a bullish breakout from Falling Wedge pattern, price broke above $0.57 key level. However, it got overbought (RSI > 70), which was followed by a pullback on some profit taking. We would be buyers on pullbacks to $0.50-$0.55 support zone, with +30% upside potential back to $0.67 resistance. Pattern : Pullback in Uptrend . Price remains in an Uptrend but has pulled back, which could present a 'buying dip' opportunity. Traders should look for the nearest support level where price could stabilize and resume its Uptrend. This support level could be a level where price bounced off of in the past, or a level that was previously resistance. (concept known as polarity).Learn to trade key levels in Lesson 3. Trend : Short-term trend is Strong Up, Medium-term trend is Up and Long-term trend is Strong Down. Momentum is Bullish but inflecting. MACD Line is still above MACD Signal Line but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum could be nearing a downswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $0.50, then $0.42. Nearest Resistance Zone is $0.67.Longby altFINSPublished 115
XRP (Alternative count)This is the alternative count for XRP, which appears as corrective rather than impulsive. I do not believe this is the primary scenario since the C wave has expanded more than 2.618 times the length of wave A. Check my bullish count please :)by yagizatokersoyPublished 4
XRPUSDTBullish Idea Corrective waves often occur in complex patterns. It is uncertain whether they will form a triangle, double zigzag, or flat variation. However, if we observe a clear five-wave upward movement, we can conclude that a bullish setup is emerging for XRP after a prolonged period. I will upload the alternate count soon as well:Longby yagizatokersoyPublished 5
XRP#xrp CRYPTOCAP:XRP 1h time frame Entry - After break out and confirmation Take profit -$0.75Longby DAY11Published 119
Powerful Indicators---- XRPXRP again. In our report last week, we mentioned that XRP is in the bullish trend and pull back to the wavy area, and the bulls will increase. Unsurprisingly, XRP started to rebound just after we published the idea. Once again, XRP hit the upper rail of the wavy zone and bulls strengthened again. When you use the TSB indicator, it will give a BUY or SELL signal, which means that the token has entered a bullish or bearish trend. The three rails in the wavy area are important support or resistance levels, depending on the direction of your position. You can add positions at these prices and reduce costs. What’s more At the daily level, the TSB indicator also gives a BUY signal, which means that XRP has turned into a bullish trend at both the daily level and the 4h level. Use our indicators to earn profits at any level. Introduction to indicators: Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated. KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits. Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies. Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives. by sypool-AI-TradeGeniusPublished 1
Don't lose the wayPerfect divergences on the way up and now, perfect divergence on the consolidation. Price go uPLongby gazurPublished 0
XRP retracementHi, This is my first time sharing here, please be kind. This an assumption of the next move for XRP, short/mid-term imo. Long-term XPR is bright ;) Still learning, if you have any thoughts on what I could consider to improve my TA feel free to share in the comments. Blessings to all and happy trading!Shortby tcwolfPublished 223
XRP buy setupDue to its bearish structure, it is expected that the price will be rejected to a strong support range and the liquidity pools at the bottom of the chart will be swept away. On the green range, we can look for buy/long positions. Closing a daily candle below the green range will violate the analysis For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank Youby behdarkUpdated 3323
#XRP $XRP #newsflow #bullish #longRecent news suggests Whales are accumulating at 50-60c in anticipation of three figures That is evidenced by an uptick in volume. Expectation based on the trend is $1 is feasible. I am in at 56c #dyor Longby FoxesPublished 2
XRP is getting ready One year of aggregation is enough to send XRP to the moon ,,, 2.6$ its just will be the beginning as a first target . Longby ARCHREXPublished 6
Buy order in at 0.5072I have a buy order in @ 0.5072 On the Daily. Short to 0.5072 The WizardOfRealms13 Shortby WizardOfRealmsPublished 0
1 Day Chart says sell1 Day Chart says sell... Gotta trust it. The WizardOfRealms13 Shortby WizardOfRealmsPublished 2
XRP TOOK OFF!!!Xrp took off and I bought in at $0.58 The WizardOfRealms13 Longby WizardOfRealmsPublished 0
XRP - Another Leg Tomorrow?We are observing potential signs of an additional 10%+ move tomorrow for XRP. After our move from the low of $0.38 to the breakout of our orange triangle and continuation of the move to $0.63, we did see XRP pull back from $0.63 to $0.54. So far this was an excellent test as price briefly went down to $0.54 to test our blue 200 MA on the daily and instantly shot back up to $0.57. We almost printed a doji today which would've even been more of a powerful signal of another reversal, but we can still conclude that due to the test of the 200 MA as support XRP remains in a uptrend. This could send price back to test the $0.63 level or higher. Some of the other important level could be a small stop around $0.66, but the main area of potential selling liquidity would be $0.72-$0.74. If we get above that the next level is $0.79 based on daily closes, and if we close a daily above that level then we will update this post and could see prices above $1. by VIAQUANTPublished 110
I have sold xrp on the 1-hour indicatorI have sold xrp on the 1-hour indicator. I'm waiting the next Buy on the one hour chart. The WizardOfRealms13 Shortby WizardOfRealmsPublished 111
I bought in on xrp on the 4-Hour chartI bought in on xrp on the 4-Hour chart. It is currently a buy on the 4-Hour. This may be a temporary buy-in and maybe not. The WizardOfRealms13 Longby WizardOfRealmsPublished 3
XRPUSDT.Panalysis TF = 4H MArket Direction: Down Trend after mitigation of 4H OB, i expect down movement as shown on the chartShortby arman_ariamaneshPublished 1
XRP Breaks Through: A Bullish Signal or False Dawn?XRP, the native token of the Ripple network, has been making waves recently with a surge in price that sees it decisively breaking through both the 50-day and 100-day Exponential Moving Average (EMA) lines. This technical indicator suggests a potential shift in momentum for the cryptocurrency, but is it a sign of a sustained bullish trend or a temporary blip? Understanding the EMAs EMAs are a popular technical analysis tool used to gauge an asset's price movement. They smooth out price fluctuations by giving more weight to recent prices. The 50-day EMA reflects the short-term trend, while the 100-day EMA represents the mid-term trend. Traditionally, a breakout above both EMAs is considered a bullish signal, indicating a potential reversal from a downtrend or a continuation of an uptrend. XRP's Recent Price Action For much of 2024, XRP had been trading sideways, consolidating around the crucial $0.50 support level. However, a recent uptick in buying pressure has pushed the price above the 50-day EMA and decisively past the 100-day EMA. This breakout suggests a potential shift in market sentiment, with investors becoming more optimistic about XRP's future prospects. Possible Reasons Behind the Breakout Several factors could be contributing to XRP's recent bullish momentum: • Renewed Interest in Ripple - Ripple, the company behind XRP, has been making significant strides in its ongoing lawsuit with the SEC. Recent developments in the case, such as favorable court rulings, could be boosting investor confidence in Ripple and by extension, XRP. • Increased Adoption of RippleNet - RippleNet, Ripple's cross-border payment network, has been gaining traction in the financial sector. New partnerships and successful use cases could be driving demand for XRP, which is used to facilitate transactions on the network. • Broader Market Recovery - The cryptocurrency market as a whole has shown signs of recovery in recent months. This positive sentiment could be spilling over to XRP, leading to the current price increase. Is This a Sustainable Bull Run? While the breakout above the EMAs is a positive technical indicator, it's crucial to maintain a cautious outlook. Here are some factors to consider: • Market Volatility - The cryptocurrency market remains highly volatile. Short-term price swings and potential corrections are still a possibility. • Outcome of the SEC Lawsuit - The ongoing legal battle between Ripple and the SEC is a major overhang for XRP. A negative outcome could dampen investor enthusiasm. • Regulatory Landscape - Regulatory uncertainty surrounding cryptocurrencies persists globally. Stricter regulations could hinder XRP's adoption and growth. Looking Ahead The recent breakout of XRP above the 50-day and 100-day EMAs is a positive development, but it's too early to declare a sustained bull run. Continued buying pressure, positive developments in the SEC lawsuit, and wider adoption of RippleNet are necessary for XRP to maintain its upward trajectory. Investors should closely monitor these factors and conduct thorough research before making any investment decisions. In Conclusion XRP's recent price action has sparked renewed interest in the cryptocurrency. While the technical indicators suggest a potential bullish trend, a wait-and-see approach is recommended. Continued monitoring of market forces, legal developments, and regulatory landscapes will provide a clearer picture of XRP's long-term prospects. by bryandowningqlnPublished 1
XRP to test 0.71 ResistanceThe recovery from the fakeout below 0.45 gives us a clear impulsive wave. My primary count considers we're currently in wave 4 correction, which should stay above 0.4495 (wave 1 high). A good target for wave 5 is resistance in the 0.71 zone.Longby Stoic-TraderPublished 4
XRPUSDTWe can attempt to short XRPUSDT from specified level if it break HL , also bearish divergence occur indicate that it moves downward. SL , TP mention in chart.Shortby SignalEdgePublished 0
Time Proves Everything---- XRPFor cryptoers who are new to this bull market, Ripple is an unfamiliar project. More Rookie’s knowledge of Ripple is that Ripple and many regulatory agencies have lawsuits. But this project, which was born in 2012, has received favor from the traditional banking industry at the application layer. Among Grayscale’s trusts, apart from BTC and ETH, XRP has a seat. The recent Bank for international settlements recording XRP as secondary capital, like BTC, also showd Ripple's power. Ripple is an International remittance solution, which is the same as SWIFT. However, Ripple uses distributed ledgers to achieve secure and instant global financial transactions. Compared to projects growing in a complete ecosystem today, Ripple is more like an early blockchain innovation project relying on the real world. Even though Ripple is 12 years old, it is still functioning on an application level. The premature attention attracted regulators from the SEC. The protocols or CEXs of the same period were almost defeated by regulation or eliminated by the times. Ripple is a living fossil. Now, regulators are loosening the rope on the crypto market. The listing of the ETF and the dismissal of the lawsuit prove this. Ripple gets a chance to get off the ropes. At the same time, become a strong competitor for the next ETF. Next let’s look at the indicators. XRP is one of the few tokens with a BUY signal in the current environment. We can see that after the TSB indicator prompted a BUY signal on July 24, XRP had an obvious pump. It is now pulling back near the support line in the wavy zone. This will generate bullish power and is a suitable point to add to a position. Introduction to indicators: Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated. KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits. Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies. Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives. by sypool-AI-TradeGeniusPublished 2