XRP Update - 11.12.2024 / Local Long idea Formed liquidity withdrawal from below also structure change and imbalance!
Planning to work in Long on order flow!
Observe risks and think with your head!
XRPUSDT trade ideas
XRP swing trade ideaAfter todays liquidation and price dip we can see a nice bounce after filling the daily fvg, signaling bullish sentiment, I set my entry at thee daily fvg top to get a better entry than with waiting for mss and displacement fvg, take profits are set by the fib levels based of the recent swing low and swing high.
Feel free to correct me and advice me
XRP swing trade ideaAfter todays liquidation and price dip we can see a nice bounce after filling the daily fvg, signaling bullish sentiment, I set my entry at thee daily fvg top to get a better entry than with waiting for mss and displacement fvg, take profits are set by the fib levels based of the recent swing low and swing high.
Feel free to correct me and advice me
XRP LONG IDEAOverall sentiment is bullish so I have entered a long position on an 15min displacement fvg targeting hourly highs and previous daily highs, SL below recent low .
POC aligned nicely with the displacement fvg so that was a nice confluence for me as well
I am open to criticism so if you want to help or advice me, feel free to comment
XRP LONG IDEAOverall sentiment is bullish so I have entered a long position on an 15min displacement fvg targeting hourly highs and previous daily highs, SL below recent low .
POC aligned nicely with the displacement fvg so that was a nice confluence for me as well
I am open to criticism so if you want to help or advice me, feel free to comment
XRP long ideaEntering the trade at the equalibrium of this 4h fvg, I will definietly wait for a displacement somewhere at that level and then enter from a 15min displacement fvg, aiming for previous daily high as the main target where I will personally close the entire position because of the overall sentiment being bearish rn, we have a clear downtrend on 4h so after hitting PDH i would be looking for some short opportunities, i think the price will send down hard after getting close to the reion of the upper bearish 4h fvg
XRP HOLDERS: URGENT UPDATES YOU CAN’T MISS!🚨 XRP HOLDERS: URGENT UPDATES YOU CAN’T MISS! 🚨
Big things are happening for CRYPTOCAP:XRP that could seriously impact your investments. Here’s a breakdown:
1️⃣ Ripple vs. SEC Case
⚖️ The long-standing legal battle might soon reach a resolution. A favorable outcome for Ripple could trigger a monumental price surge for XRP. Stay tuned—this could be a game-changer!
2️⃣ Global Partnerships
🌍 Ripple’s On-Demand Liquidity (ODL) services are expanding worldwide. New partnerships are driving real-world utility for XRP, solidifying its role in the global payment ecosystem.
3️⃣ Market Movements
🐋 Whale activity is heating up, with large XRP purchases signaling potential bullish momentum. Watch for a breakout above key resistance levels—it could spark a major rally!
4️⃣ Regulation Support
✅ Progressive crypto regulations in Europe and Asia are creating a favorable environment for XRP. This support boosts its legitimacy and adoption on a global scale.
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What Should You Do?
🔍 Stay informed: Track news on whale movements, the SEC case, and regulatory changes.
📉 Use stop-loss orders: Protect your investments from sudden market swings.
📈 Buy the dip: Consider accumulating more XRP if you believe in its long-term potential.
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⚡ With XRP’s utility growing rapidly, the next big move could be just around the corner. Are you ready to ride the wave? 🌊 💎
💬 Let’s discuss below—what’s your strategy for XRP in 2024? 🚀
possible price actionHi
as we can see the price had made a big drop therefore we can expect two scenarios
1. this is the first leg of a double bottom
2. the price will conitune consilidaing between the support and restitance untill it break out above and continue to around 3$
so you can either short from the top or take a long at a cheap cost
thank you
tell me what do you think
XRP moment of Uptrend?Ripple's CEO Brad Garlinghouse announced on Tuesday that the company received a green light from the New York Department of Financial Services (NYDFS) on the launch of its stablecoin RLUSD. XRP jumped nearly 7% after the announcement despite on-chain data showing a huge supply pool flooding the Binance exchange.
Bla bla bla...
RLUSD set to go live following approval from New York regulators, whale supply hits Binance
Ripple's RLUSD stablecoin has been approved for listing by the NYDFS, nearly one week after rumors of an official launch, CEO Brad Garlinghouse announced in an X post on Tuesday. The approval confirms that RLUSD can now go live on major exchanges.
XRP Technical Indicators Signal a Critical Turning PointBINANCE:XRPUSDT has shown subtle but promising signs of recovery on the 1-hour chart, with a series of higher closing prices suggesting upward momentum. The interplay between the 9 EMA and the 20 EMA reflects a short-term bullish sentiment, with the faster-moving average gradually diverging upward from the slower one. This dynamic signals increasing market confidence, yet the price must sustain levels above the key support at $2.2646 to maintain its trajectory.
The MACD indicator supports a mildly bullish outlook, with its histogram staying in positive territory, albeit narrowing. This hints at waning bullish momentum, which traders should watch for potential reversals. Meanwhile, the RSI indicates market neutrality, hovering around mid-levels without signaling overbought or oversold conditions.
Immediate resistance lies at $2.3634, followed by $2.3709. A decisive break above these levels could open the doors to $2.4298. On the downside, $2.2492 serves as the first line of defense, followed by $2.2446. A drop below these levels may invalidate the current bullish bias, potentially pushing XRP into bearish territory.
For bullish traders, an entry near $2.2646 with a stop loss slightly below $2.2492 may offer a favorable risk-to-reward ratio, targeting the resistance at $2.3634 and $2.3709. Conversely, bearish traders could wait for a break below $2.2446 to enter short positions, aiming for further downside toward $2.2200.
Phemex Analysis #42: XRP To the Moon or Back to Earth?The cryptocurrency market is a wild ride, and PHEMEX:XRPUSDT.P has been one of its most thrilling roller coasters lately. After a meteoric 583% surge in just 30 days, many are wondering: is this the real deal, or just another pump-and-dump scheme? Unlike previous bullish cycles, this time feels different. But as the old adage goes, "past performance is not indicative of future results."
Today, we'll delve into several potential scenarios that could shape XRP's future trajectory. By understanding these possibilities, you can make informed trading decisions and navigate this volatile market with confidence.
Possible Scenarios:
1. Price Going for a 3rd Higher Top with RSI Divergence:
We can see that RSI was above 90 during the 1st and 2nd 1D Tops, and it dropped to a low of 61 during the recent dip. This is a strong bearish reversal sign. If the price insists on forming a third higher top (above $2.93) with a lower RSI than the previous two tops (below 90), it's highly likely that a price reversal and subsequent drop will occur. Exercise caution if this scenario unfolds.
2. Price Facing Heavy Resistance at $2.93:
The $2.93 level represents the highest price of the second 1D top. Many traders may look to take profits near this level after the recent decline. Therefore, it's possible that the price could encounter significant resistance around $2.93, leading to a sharp downward correction.
3. Price Going for Consolidation:
Given the substantial price increase, a consolidation phase is a plausible outcome. During this period, the price may stabilize, and a new support level may form at a higher price. In this case, you could consider entering a position during the consolidation phase and setting a stop-loss order below the recent low. Alternatively, you could wait for a clear breakout before initiating a trade.
4. Price Continuing to Drop:
If the price breaks below the $1.90 support level, it may continue to decline further. For long-term bulls, potential buying opportunities may arise at the $1.30 and $1.00 levels.
Conclusion
The future of XRP remains uncertain, but by analyzing potential scenarios, we can position ourselves for success. Whether it's a third higher top, a resistance test at $2.93, a consolidation phase, or a deeper correction, each scenario presents unique opportunities and risks.
Remember, the key to successful trading is patience, discipline, and risk management. As you navigate the exciting world of cryptocurrencies, stay informed, stay vigilant, and most importantly, stay true to your trading plan.
Tips:
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Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
#XRP/USDT 12h / Elliott-Fibonacci-Financial ChannelAccording to Elliott Wave theory, the price rose during the impulsive first wave and corrected in the second wave as an ABC zigzag to the 0.382 Fibonacci level. This aligns with Elliott's rules, suggesting that the correction of the fourth wave will likely be at 0.5 - 0.618.
Based on the impulse of the first wave, the target for the third wave is 4.25, followed by a correction within the fourth wave.
Using Fibonacci projections by shifting the grid from the start of the first wave impulse to the end of the second wave, the target for the third wave aligns with Fibonacci 1.618 (5.82). Without shifting the Fibonacci grid, the target for the third wave at Fibonacci 1.618 is 4.40.
To confirm this scenario, the price must break above the peak of the descending financial channel. Successful trades!
I believe XRPUSDT is heading downtownAs much as I would love XRP to pump further, I don't see it happening. Momentum has been waning for days now and it's accelerating it's dumping as we speak. I believe there might be MINOR support around the $1.90 mark, and then will hover around $1.50 temporarily, but eventually I believe it's heading back to around $0.60 - $0.70 within the next month or so.
People getting caught up in the pump really need to zoom out and starting looking at weekly charts. It's near vertical. I've been through this before back in 2017/2018.
I'm personally going to wait until it reaches the $0.60 - $0.70 level and show signs of consolidation. From there, I will start DCA'ing in.
I may look at taking a short-term trade around $1.50 to help accumulate more however.
XRP Next Year Target After DropNext Year Resist For XRP After Heavy Drop
Dont Save profit and be greedy !!!
You Cant See 0.7$ Again Until 2099 (We All Death)
Please Check Related publications to understand what i say
XRPUSDT - Potential Long SetupMy main trading principle is that the price always moves from swept liquidity levels to untouched liquidity levels.
In particular case we clearly can see the following context: price swept 1D key liquidity level and left untouched level higher.
But to take more statistically more probable trades we should wait for some type of lower timeframe confirmation, and it this case we can notice sign of strength, so potentially there is a higher probability to see price higher
Your success in this business is determined solely by your ability to consistently follow the same principles.
XRPfor a swing trade, after a spike, correction, v-formation , if it consolidates a bit here, we can expect it jump a bit more.
XRP/USDT Bullish OutlookThe 4H Fair Value Gap (FVG) at $2.066 has now been fully filled, providing an ideal setup for a potential bullish reversal. This level aligns with a strong demand zone, making it a key area of interest for buyers.
Why I’m Bullish:
1️⃣ Key FVG Filled: Price has efficiently filled the $2.066 FVG, signaling a clean slate for upward momentum.
2️⃣ Demand Zone Support: This zone has consistently shown buyer interest, creating a solid base for a reversal.
3️⃣ Upside Potential: Multiple targets to the upside, including $2.36, $2.60, and ultimately $3.00, which is a psychological resistance and significant structural level.
Trade Setup:
Entry Zone: $2.07–$2.10.
Take Profit Levels:
First TP: $2.36 (local resistance).
Second TP: $2.60 (key Order Block).
Third TP: $3.00 (psychological and structural level).
Stop Loss: Below $2.00 to ensure proper risk management.
The structure suggests strong potential for a bullish continuation from this point. Let’s see if XRP can push toward higher highs and reach our ultimate target of $3.00! 🚀
XRP Price Prediction: December 10 Outlook📉 XRP Price Prediction: December 10 Outlook 🚀
XRP has seen significant volatility, with a 14% drop in the last 24 hours, currently trading slightly above $2. Here’s a breakdown of what’s happening and what to watch for:
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🔍 Current Market Overview
• 📊 Retesting Key Levels: XRP has rebounded from a crucial breakout point, aligning with its 2021 highs, but it has yet to surpass previous peaks.
• 📉 Correction Phase: XRP seems to be in a C-wave decline of a larger correction pattern, suggesting further downside potential.
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📉 Potential for More Downside
⚠️ The low is not yet confirmed, meaning the market could face another dip before stabilizing.
Key Support Levels to Watch
1. $1.85: Critical overlap of support zones.
2. $1.78: Secondary strong support area.
3. $1.66: Deeper support level, a possible target if the decline continues.
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🌐 Broader Market Influence
The crypto market trends and Bitcoin’s price movements will significantly influence XRP’s trajectory. Watch for liquidity events and rapid price fluctuations.
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💡 Key Takeaway
XRP remains in a correction phase, with potential for further dips.
Keep an eye on support levels and broader market conditions to anticipate the next moves.
Stay cautious, informed, and prepared for rapid changes in the market.
⏳ Monitor closely to capitalize on market opportunities!
XRP Faces Sharp Decline Amid Market ActivityXRP Faces Sharp Decline Amid Market Activity 🚨
The XRP token has experienced a significant drop, declining by 7.2% in the last 24 hours to trade at $2.22, according to data from CoinMarketCap. This marks a 35.6% dip from its all-time high. Interestingly, the plunge followed the announcement of Atkins’s appointment, sparking mixed reactions within the community regarding the timing.
📊 Despite the recent dip, XRP has seen remarkable growth over the past month, rising 280% in the last 30 days. Additionally, its one-day trading volume surged by an impressive 95% to $21.9 billion, signaling heightened activity and investor interest.
🔮 Crypto influencer Bitboy has predicted a bullish January for XRP. If his forecast holds true, XRP could solidify its position as a leading cryptocurrency, potentially reclaiming the #3 spot by market valuation.
This development leaves the community eagerly anticipating XRP’s next move. Will it bounce back stronger? Only time will tell!
Source: CoinMarketCap via Coinfomania
Xrp going down !!!Hi
Xrp will hit 1.95 if we hold there we begin our rally to 2.50 then if somthing happens 3.00 and beyond
Best to buy on 1.95
Good luck
XRP - CHINA JUST SHOCKED THE WORLD! 🚨 XRP - CHINA JUST SHOCKED THE WORLD! | What’s Behind the Recent XRP Pullback? 🤯
The CRYPTOCAP:XRP community has been buzzing with speculation after a recent price pullback, with whispers of global events influencing the market. And now, there’s even talk of XRP being discussed on The Joe Rogan Experience! Here’s everything you need to know:
🎯 Why Did XRP Pull Back?
China’s Surprising Moves
China recently made headlines with unexpected regulatory measures targeting cryptocurrency adoption. While these don’t directly involve XRP, they contribute to market-wide uncertainty, impacting investor confidence globally.
Market Correction
After XRP’s recent bullish rally, a price correction was anticipated. Profit-taking by whales and retail investors is a natural response after significant gains.
Ripple Case Developments
Despite Ripple's legal wins, ongoing SEC-related uncertainties are creating short-term hesitation for new entrants. The market is still waiting for a final resolution, which could clear XRP’s path to greater adoption.
🚀 XRP’s Bright Future – Could Joe Rogan Be the Catalyst?
The idea of XRP being discussed on a platform like The Joe Rogan Experience has sparked excitement. Here’s why this could be huge:
Mass Exposure
Joe Rogan’s podcast reaches millions globally, including a demographic of curious, tech-savvy listeners. An in-depth conversation about XRP’s utility could introduce it to a whole new audience.
Focus on Real Utility
Unlike speculative tokens, XRP’s value proposition lies in revolutionizing cross-border payments. A mainstream discussion would highlight its use case, separating it from “meme coins.”
Celebrity Influence
Rogan’s discussions often shift market narratives. A positive mention of XRP could ignite interest and buying pressure.
. However, always assess your risk tolerance and keep an eye on the broader market sentiment.
XRP - CHINA JUST SHOCKED THE WORLD! 🚨 XRP - CHINA JUST SHOCKED THE WORLD! | What’s Behind the Recent XRP Pullback? 🤯
The CRYPTOCAP:XRP community has been buzzing with speculation after a recent price pullback, with whispers of global events influencing the market. And now, there’s even talk of XRP being discussed on The Joe Rogan Experience! Here’s everything you need to know:
🎯 Why Did XRP Pull Back?
China’s Surprising Moves
China recently made headlines with unexpected regulatory measures targeting cryptocurrency adoption. While these don’t directly involve XRP, they contribute to market-wide uncertainty, impacting investor confidence globally.
Market Correction
After XRP’s recent bullish rally, a price correction was anticipated. Profit-taking by whales and retail investors is a natural response after significant gains.
Ripple Case Developments
Despite Ripple's legal wins, ongoing SEC-related uncertainties are creating short-term hesitation for new entrants. The market is still waiting for a final resolution, which could clear XRP’s path to greater adoption.
🚀 XRP’s Bright Future – Could Joe Rogan Be the Catalyst?
The idea of XRP being discussed on a platform like The Joe Rogan Experience has sparked excitement. Here’s why this could be huge:
Mass Exposure
Joe Rogan’s podcast reaches millions globally, including a demographic of curious, tech-savvy listeners. An in-depth conversation about XRP’s utility could introduce it to a whole new audience.
Focus on Real Utility
Unlike speculative tokens, XRP’s value proposition lies in revolutionizing cross-border payments. A mainstream discussion would highlight its use case, separating it from “meme coins.”
Celebrity Influence
Rogan’s discussions often shift market narratives. A positive mention of XRP could ignite interest and buying pressure.
. However, always assess your risk tolerance and keep an eye on the broader market sentiment.
#xrp 4hRipple is close to a suitable price to move as a wave 5.
You can place buy-limit orders in the specified area
