XRPUSDT: Ellio analysisHello Friends. According to the chart we see the 4th wave of 5 and 1-2 of wave 5: so completed I expected continued to formed wave 3-4-5 of wave 5: , to reach 3.8 and 4 $
XRPUSDT.P trade ideas
XRP: The Trick Is In The ActionLook at this, this is pretty interesting.
What do you see?
Yesterday's session is a mix but definitely gives out a bullish signal.
Very strong selling, high bearish pressure but the session ended green and at the top of the candle happened the close. Very tricky.
Seeing this candle, 27-Jan., immediately leads us to believe that today we are set to go up. I can see many people rushing and going LONG. Right?
It is normal, this is what the chart is saying and this is where the action is pointing towards, higher. But, look at the volume, trading volume is very low.
These drops, they tend to happen in pairs. Sometimes, these can come even in triplets; one, two, three.
So instead of the flush yesterday and today up. We get a flush yesterday, then another flush and when people are finally ready and convinced one final flush and then up; why? Because we are close to the bull-market bull-run. The market will try to remove all of the weak and doubtful hands before maximum growth; why? Because the growth period will be really, really strong. Once it starts going, there is no going back and that's why all the shaking happens before.
I think we need to wait just a little bit longer...
Things can change in a flash, that's true but, I don't know.
Something is off.
If you agree, let me know in the comments section below.
Patience is key.
I am truly grateful for your continued support... Why?
Namaste.
XRP/USDT: Critical Decision Point - Range or Drop?Here's a concise analysis of the XRP/USDT 12H chart:
Technical Setup:
- Price in descending parallel channel (blue lines)
- Currently at: 3.1666 USDT (-3.82%)
- High volume (263.81M)
- Notable Fibonacci levels marked: 0.5 and 0.66
Price Action Forecast (marked in yellow):
- Potential sideways consolidation with volatile swings
- Range between 2.8-3.2 USDT
- Risk of -18.76% downside noted (-0.5948)
Key Levels:
- Resistance: 3.4 (0 Fib level)
- Support: 2.8 (0.5 Fib level)
- Critical Support: 2.6 (0.66 Fib level)
Trading Note:
Caution advised - chart shows possible distribution pattern with high volume. Wait for clear direction before taking position.
$XRP Saturday UPDATECRYPTOCAP:XRP with a billion tokens getting unlocked today—no surprise that the price has declined 5% so far after yet another rejection from the trendline resistance.
My short at $3.12 has been doing fine, and further downside would be expected as momentum is visibly waning, reflected by RSI (1D) falling back to Neutral (54) after breaking below its ascending trendline.
My first Take Profit ($2.91) was nearly reached during last night's dip as low as $2.94—it won’t be that easy, though, as the Army buys every dip with conviction. They don’t care about any $3 billion unlocks (not all of these will be dumped, usually 20%-50%) due to their wet-dream targets set between MIL:1K and $1M (depending on their rank in the Army).
Now, on a more serious note, shorter timeframes Market Structure has turned bearish. RSI (4hr, currently 38) needs to get back above 60 and preferably above the trendline (blue line on RSI) for me to start thinking about longs again.
Also, looking at the 2-week Liquidation Heatmap (this consolidation has been going on for roughly that long), it’s not hard to spot a cluster of liquidity around $2.5.
That’s where my last Take Profit orders would get filled, and the Market Maker could make that happen. I also intend to flip bullish right there, both with spot top-ups and potentially long leverage positions. RSI would be very oversold if XRP gets that low (likely with a wick that gets bought up quickly, by the Army, of course).
One more interesting zone for a reversal is marked with a blue arrow on the 4hr chart (confluence of ascending 1-month-old trendline, 200 MA, and Fib 0.5). This could be too early to enter, though, so best to monitor 15m-1hr timeframes for reversal signals (RSI divergences, reversal chart/candlestick patterns, etc.).
Situation in a nutshell:
Too late to short, and too early to long CRYPTOCAP:XRP now. Positioning is key, as volatility is expected, especially Sunday to Monday night. 💙👽
PS. I publish more regularly on Coin Market Cap or Binance Square, including Heatmaps and other timeframes mentioned in my analyses:
coinmarketcap.com
XRP 1 day to go before the weekly candle closes. If candle closes blue it creates a hold level to support higher prices IF the close is above the weekly inv.FS level. This gives next week's candle higher probability to gain the previous week's high & use it as support for higher prices.
IF closes below the inv.FS THEN probability goes to distribution & reversal. The inv.FS levels create resistance for price accumulation. The FS level would be the next support level on the weekly time-frame.
Mr.Million | Current XRP Chart Analysis and update to my currentUpdate to My Current XRP Short Position:
Recently I posted my bearish stance on #XRT and a low-leverage (2x) SHORT at ~ $3.06, with PT of ~ $2.2. Since then 🥁🥁…
💰 Added to my position (3x lev.) around ~$3.2.
💰 Locked in profits (green circles) of ~$193k.🤑
💰 Remaining short back to 2x lev. 🥳 with a better avg. price of $3.129. ✨
On Binance, my XRP short from Jan 30 to 31 has a realized PnL of $193,047 and an unrealized PnL of $50,339.
Follow me for future updates on this position (XRP), and here’s to a dip to my PT for a big payday! 🙏📉💸
XRP Bull flagProbably doesnt look conventional but i think this is a bull flag looking to go higher.
Target $4.50
XRP is fire !!!It is evident that the daily XRP time frame has many buy orders
It was the last one that he had, obviously many buyers came in.
There is a lot of compression in this area
He will probably continue to follow this trend
Like and subscribe
XRP long to 3.8### **XRP Trend Analysis & Next Targets (January 31, 2025)**
#### **Current Market Overview**
- **Price:** ~$3.10
- **Intraday High:** $3.15
- **Intraday Low:** $3.06
- **Trend:** Bullish momentum with key resistance levels ahead
#### **Technical Analysis**
1. **Bull Flag Formation:**
- Analysts have identified a **bull flag pattern**, which typically signals further upward movement.
- If this pattern plays out, **first targets** are around **$3.55 and $4.40**.
2. **Elliott Wave Projection:**
- Based on Elliott Wave theory, some projections suggest a **potential move toward $5.85**, if momentum sustains and breaks key resistance levels.
3. **Resistance & Support Levels:**
- **Resistance:** **$3.22** – A critical level where XRP recently faced rejection. Breaking this could push the price to the next targets.
- **Support:** **$3.00 - $2.90** – Strong support levels that XRP needs to hold to maintain bullish momentum.
#### **Outlook & Next Targets**
- **Short-Term Target:** $3.55
- **Mid-Term Target:** $4.40
- **Long-Term Target (if bullish momentum continues):** $5.85
### **Key Factors to Watch**
- **Breakout confirmation above $3.22**
- **Overall crypto market sentiment and Bitcoin’s movement**
- **Regulatory news impacting XRP**
- **Trading volume and institutional interest**
### **Conclusion**
XRP is showing **strong bullish potential**, but breaking resistance at **$3.22** is crucial. If momentum continues, targets of **$3.55, $4.40, and even $5.85** are in play. However, traders should monitor support levels around **$3.00 - $2.90** in case of a short-term pullback.
The Leverage GameSometimes we just want to make money fast. Or at the leas that's the excuse we give ourselves when we want to enter the market with 20X.
Sometimes we are inspired to trade, to participate in Cryptocurrency trading, or any trading, based on the promise of high yields, fast money, easy gains.
Many times this are the idea that drives many of the participants in this craft.
They think, "Maybe I can nail this thing and make money fast."
And thus starts the rat race.
In the quest to make money fast we enter the game without the right preparation.
We enter the game unprepared and instead of making money fast we start losing money and this losing starts to accumulate.
Immediately we reach the point where we no longer want to make money fast we just want to recover, "If I could just breakeven; get back to the starting point, that would be good enough." We tend to think to ourselves.
The Cryptocurrency market tends to grow between 4-7X on each single bullish wave.
A bullish wave can develop within 3 months once it is already going.
The entire process can last 4-6 months if we take into account also the consolidation phase.
If you have a capital of say, $100,000, you could easily split it between 10 pairs, using a diversification strategy, and end up with a nice $400,000 - $700,000 by the end of the bullish wave. Is this money fast or slow? Is the risk high or low? What other actions are needed other than buy and hold?
Here comes the leverage game.
Since you are using leverage, you don't need 100K. So you start with $10,000 and get ready to play.
The first few weeks are good; beginners luck. The market keeps moving and you keep on pyramiding, growing your position more and more.
Never take profits. Just let it roll and grow.
The market starts to retrace but you don't even consider closing your positions because this wasn't planned; what if the market resumes growing today or the next day?
(Greed)
When the market has been red for 3 weeks straight, you are close to getting liquidated and have to decide; leave or stay?
A sudden drop and that's done. You are now at zero, you went through a nerve wrecking experience and your mood is very low.
This process is repeated but never straight down. Sometimes the market goes up, sometimes it goes down.
Sometimes you are in the green. Other times you are red.
This time you have $20,000 capital and managed to reach $50,000. This can happen fast because you are using leverage but next thing you know, sudden crash and gone again.
When six months are up, you are down $90,000 and some experience that might or might not be useful. And you started trading to make money fast.
But the Altcoins/pairs that you bought 6 months ago are now all of them, without exception 3-5X up.
The spot trader is reading his books, enjoying some nice, clean organic foods, enjoying the beach bathing under the sun.
The $100,000 capital can be easily $300,000 or any amount for that matter. No stress, but the capital grows rather than shrink.
Money fast or money slow?
In the quest for fast money, we tend to lose everything in one go.
It is ok to trade with leverage.
It is ok to take risks.
But if you are going to trade with me, patience is key.
Our leveraged trades are a hit or miss. So we need the right timing, the best possible entry in order to succeed.
All these numbers above are just examples of course.
You can trade all you like but never fool yourself, if you lack experience, mental and emotional stability you can make money if you buy and hold. Specially in this bull-market.
The mistake will be over-trading, mark my words.
Just make a plan and follow that plan.
If you can't quit your gambling addiction, try reducing leverage to 2X.
The best possible choice is to trade spot until you can win successfully for two years straight.
If you can achieve this milestone, you are ready for the leverage game.
It is a game for adults.
Thank you for reading.
Namaste.
$XRP short setup CRYPTOCAP:XRP Short Setup: All Signs Point Down imo, short-term only.
Everything is lining up for XRP to take a hit—trendline resistance, upcoming unlocks, macro headwinds, and fading momentum. Here’s why I’m shorting:
1️⃣ Trendline Resistance + Weak Volume
XRP is struggling against major trendline resistance (ranging from the high made 2 weeks ago $3.4), showing clear rejection at the top of its range.
Volume is declining, meaning buyers are running out of steam. A failed breakout with no volume is a recipe for a reversal.
Break or reject? Price action says reject.
2️⃣ XRP Unlocks = Incoming Sell Pressure
On Sat Feb 1 one billion XRP ($3.1B worth) unlocks—a massive supply injection.
Ripple historically sells part of these unlocks, adding downward pressure to the price.
Every past unlock event has led to weakness—why should this time be different? Have a look At the price action from DEC 1 and JAN 1... See any patterns?
More supply + weak demand = lower prices.
3️⃣ Macro Headwinds: Strong DXY, Weak ETH/BTC, CPI Uncertainty
DXY is holding strong, hovering above 108.5—bad news for risk assets. The dollar just doesn't want to crash properly.
Ethereum is struggling at resistance, altcoins are lagging, and Bitcoin is at major resistances of its own. Not to mention eth/btc chart, which looks like freefall on higher timeframes (12h to the Weekly charts).
CPI data this week = uncertainty = shaky price action ahead.
XRP doesn’t move in isolation—macro conditions favour downside, at least short term.
I'm in, and this is always risky business, to short the XRP Army. Not just financially, mainly because if I lose the trade, the XRP soldiers won't let me mourn in peace..
Take Profit Strategy, do not even think about copying👽💙:
Target 1: $2.91 (December high, once there, SL to entry price to play it safe)
Target 2: between $2.64 - $2.67 (Golden Pocket, supported by the 50 day MA)
Target 3: $2.51 (a bit above the main support)
Stop Loss: If XRP closes above $3.40 with strong volume, I’m out. You do you, as the motto goes💙
XRP/USDT 1H: Bulls Eye $3.35 After Key Liquidity Sweep !XRP/USDT 1H Chart Analysis
🚀 Follow me on TradingView if you respect our charts 📈Daily new charts!
Current Market Structure:
Bullish trend confirmed after a liquidity sweep at 2.65.
Smart Money Activity: Accumulation phase evident with clear order blocks around 3.12.
Risk Score: 7/10 (favorable setup).
Trade Setup:
Entry Zone: 3.17 - 3.18 (current price).
Targets:
T1: 3.25 (premium zone).
T2: 3.35 (previous high).
Stop Loss: Below 3.11 (recent order block).
Key Observations:
RSI: Bullish divergence forming at 57, supporting upside potential.
Premium Zone: Identified at 3.20 - 3.25.
Market Maker Intent: Targeting liquidity above 3.35.
No bearish divergences present, further supporting bullish bias.
Recommendation:
Long positions favorable within the 3.17 - 3.18 range.
Maintain tight stops below 3.11 to limit downside risk.
Watch for volume confirmation to strengthen confidence in the breakout.
Confidence Level: 8/10 for bullish continuation.
🚀 Follow me on TradingView if you respect our charts 📈Daily new charts!
15 looking xrp 15 min looking for a higher high and looks like we could catch the next leg up 3.33 big resistance
Grayscale Files for Spot XRP ETF: A Game-Changer for XRPThe cryptocurrency market is abuzz with the latest news that Grayscale, one of the largest digital asset management firms, has filed for a Spot XRP ETF with the NYSE. This development comes at a pivotal moment for XRP, as the Ripple team appears to be nearing a resolution in its long-standing legal battle with the U.S. Securities and Exchange Commission (SEC). The combination of these factors has sparked renewed interest in XRP, with whales accumulating the asset and technical indicators hinting at a potential bullish breakout. Let’s dive into the fundamental and technical aspects of this story to understand what it means for XRP and the broader crypto market.
Why Grayscale’s Spot XRP ETF Matters
Grayscale’s decision to file for a Spot XRP ETF is a significant endorsement of XRP’s potential. ETFs (Exchange-Traded Funds) are widely regarded as a bridge between traditional finance and the crypto market, offering institutional and retail investors a regulated and accessible way to gain exposure to digital assets. A Spot XRP ETF would allow investors to buy shares that directly reflect the price of XRP, without needing to hold the asset themselves. This could lead to increased liquidity, broader adoption, and a surge in demand for XRP.
The filing also signals growing institutional confidence in XRP, particularly as Ripple’s legal battle with the SEC appears to be nearing a conclusion. A favorable outcome for Ripple could remove a major regulatory overhang, paving the way for XRP to reclaim its position as one of the top cryptocurrencies by market capitalization.
Whale Activity: A Bullish Signal
On-chain data reveals that whale activity for XRP has hit record highs, with the number of wallets holding between 1 million and 10 million XRP reaching an all-time high of 2,083. This accumulation trend suggests that large investors view XRP as undervalued and are positioning themselves for a potential price surge. Historically, such whale activity has often preceded significant bullish rallies, as it indicates strong confidence in the asset’s future prospects.
Technical Analysis
As of the time of writing, XRP is up 1.96%, trading in a moderate zone. The candlestick chart shows a Doji and a Spinning Top, which typically indicate market indecision. However, the Relative Strength Index (RSI) stands at 62, placing CRYPTOCAP:XRP on the cusp of a bullish run. This suggests that despite the current indecision, the asset has the potential to break out if buying momentum increases.
Key support levels to watch include the 38.2% Fibonacci retracement level, which could serve as a strong entry zone for traders. On the upside, breaking past the $3.40 resistance level could ignite a rally toward $4 and beyond, with some analysts even predicting a long-term target of $20.
Market Sentiment
The broader crypto market remains volatile, but the increased interest from whales in both XRP and Cardano (ADA) suggests that these assets could be poised for significant movements in the near term. If XRP can maintain its bullish momentum and hold above key support levels, it could attract even more retail and institutional interest.
What’s Next for XRP?
The combination of Grayscale’s ETF filing, record-high whale activity, and the XRP Ledger’s fundamental strengths creates a compelling case for XRP’s future growth. While the market remains volatile and regulatory uncertainties persist, the potential for a bullish breakout is undeniable.
Investors should keep a close eye on the following factors:
Regulatory Developments: A favorable resolution to Ripple’s legal battle with the SEC could remove a major obstacle and boost confidence in XRP.
ETF Approval: If Grayscale’s Spot XRP ETF is approved, it could open the floodgates for institutional investment.
Technical Indicators: Watch for a break above key resistance levels, such as $3.40, which could signal the start of a sustained rally.
Conclusion
Grayscale’s Spot XRP ETF filing marks a potential turning point for XRP, as it combines strong fundamentals, technical indicators, and growing institutional interest. While the crypto market remains unpredictable, the stars appear to be aligning for XRP to make a significant move. Whether you’re a long-term investor or a short-term trader, now is the time to pay close attention to XRP’s developments. The next few weeks could be pivotal in determining whether XRP reclaims its status as a top-tier cryptocurrency.
Stay tuned to The Bit Journal for the latest updates and insights on XRP and the broader crypto market. The future of CRYPTOCAP:XRP looks brighter than ever—don’t miss out on what could be the next big opportunity in crypto.
XRP Holds Strong Amid Market Correction – Next Stop $3.50?Despite broader market corrections, XRP remains resilient, gaining over 1% in the past 24 hours and surging 55.15% in the last 30 days. With a YTD return of +34.51%, XRP currently holds the title of the best-performing altcoin among the top 25 projects.
Technical indicators continue to favor bullish momentum. The 50/200-day EMA shows growing buying pressure, while the RSI hovers near overbought levels, signaling sustained demand. If XRP maintains its position above $3, it could build momentum toward its next resistance at $3.50.
However, if bearish pressure increases, XRP may retest its support at $2.75 before another attempt at an upward move. For now, all eyes are on whether XRP can break through key resistance or face short-term consolidation.
With strong technical support and continued investor confidence, XRP could be gearing up for another bullish push. Will it hold above $3 and make a run for $3.50?
Why Market Cap is Misleading for XRP🔥 Why Market Cap is Misleading for XRP 🔥
Many dismiss XRP’s potential because they believe a high price would make its market cap “too big”—but that’s a fundamental misunderstanding! ❌ Unlike stocks or Bitcoin (which act as stores of value), XRP is a utility asset designed for global payments. Let’s break it down:
1️⃣ Market Cap Doesn’t Apply to Transactional Assets
📊 Stocks & Bitcoin are held in portfolios, so market cap is a useful metric.
🌍 XRP is built for real-time transactions—it moves money, not just stores it!
🔹 Comparing XRP’s market cap to Bitcoin’s is like comparing Forex trading volume to a country’s GDP—they measure completely different things!
2️⃣ XRP Should Be Measured by Global Transactions
💰 Forex trades over $2,700T annually—that’s 27× the global GDP!
💳 Cross-border payments exceed $150T per year—XRP’s primary use case.
⚡ Unlike stocks, XRP can be used multiple times a day, increasing its efficiency and demand.
3️⃣ XRP Supply Shrinks Over Time 🔥
⏳ Every XRP transaction burns a small amount of XRP, reducing supply over time.
📈 As demand increases and supply decreases, price pressure naturally rises.
✅ The Takeaway
🚀 Stop using stock market logic to evaluate XRP—it doesn’t fit!
🔑 XRP’s real value comes from global adoption, speed, and efficiency, not from its market cap.
💡 The real question: How much global money will XRP move? That’s what determines its price potential! 🌎💰
XRP 45 min chart looks promising for a break out The 45-minute chart for XRP presents a potentially bullish outlook, with a forming flag pattern hinting at a continuation of the upward trend. Furthermore, the 50-200 moving average golden cross reinforces this optimistic view.
Key levels to monitor:
Resistance: 3.21
Breakout above this level could confirm the bullish flag pattern and propel XRP upward.
The golden cross, coupled with the flag pattern, suggests a potential buying opportunity. A successful breach of the 3.21 resistance level could trigger a rally, making this a critical level to watch
XRP USD Coin 24hr potterbox with wedgeXRP USD 24hr potterbox with a wedge play I created with the blue lines. . XRP is going green as this unfolds. hopefully it will continue this uptrend.
XRP USDT💰 CRYPTOCAP:XRP
Imo, this is the perfect dip on #XRP 💁♂️
✅ Compression (falling wedge) is completed
✅ $2.7 Major Support has held strong
Time to reverse the short-term trend! Send CRYPTOCAP:XRP to $4, $4.5, $5 📈🚀
Xrp Considering the chart situation, the three specified ranges are suitable for entering a short trade with candlestick confirmation.
