Amazing Opportunity to long1.16 minimum target with risk reward ratio of 1:7 .. Lets see how this works...I am pretty confident. Remember risk management is key
NFA
XRPUSDT trade ideas
My plans regarding xrpWith Bitcoin hitting new ATHs we see some momentum building up in XRP. Last cycle when Bitcoin crossed it's ATH XRP exploded by something around 170%. May not happen so quickly again but the charts are pointing to more upside.
Presenting the chart and a trade idea that displays a position that i'm in already. Got a slightly better entry with over 2 cents in profit at the time of writing it.
I think that the recent drop to 0.5386 could've been the last correction move before a long term breakout to the upside. Even with this entry R/R ratio is at 1:2 so it is a trade that's worth taking from this perspective. Personally I'm hoping for a greater move that will potentially push XRP above the highs from the last cycle.
With violet colour I've marked the price ranges of XRP that I will be using to take advantage of corrections and breakouts in order to secure the best entries and exits as I'm managing this position.
Good Luck
XRPUSDTUpward Trend on the Weekly Timeframe:
If the trend is upward on the weekly chart, it indicates that the market's overall direction is positive, suggesting that the price of the asset may continue to rise in the long term.
Inverted Head and Shoulders Pattern:
This pattern is considered a bullish reversal pattern, typically signaling the end of a downtrend and the potential start of an upward movement. A break of the neckline gives a strong signal that the price is likely to rise.
Neckline Break:
A strong break of the neckline is a strong indication that the upward trend has begun. Price retests of the neckline (i.e., the price coming back to test the level) are a natural occurrence after the break, allowing the market to confirm the strength of the breakout.
Suggested Buying Zone:
As you mentioned, the buying zone between 0.62$ and 0.57$ could be a good entry point if the price returns to test this area after the breakout. This would be a significant buying opportunity if the price tests this zone and then bounces upwards.
Another Buying Zone: between
Stop Loss : 0.48$
First Target (Easy) : 0.8413$ _ 0.8433$
Second Target : 0.9543$ _0.97$
Thired Target : 1.70$
XRP..will it break free? If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
Levels usual stick around.
XRP is excellent at giving a swift move up on hype and then giving it back.
But it broke a pretty huge resistance at .65- .70.
.93 on the table now.
Huge show of bull strength is break .93 and flip it for a nice impulse.
Until then, just a 3 wave move.
Trade Safe,
Trade Clarity.
XrpusdtXrp is overbought . RSI at 90 is very un common for this coin . Expecting this resistance to stop the price for now until it consolidates . I still hold half position here just doing a quick trade . Not an recommendation
XRP ( the Full Image )Hi Everyone:
today I am sharing with you the full Image from my Point off view
base on my analysis I see the target for the full movement is almost 7$
I expect the price to accelerate after passing the red line because it was the key resistance for the the last bear market
good luck everyone
Like expexted Xrp was moving pretty predictibleNewss news and even better news for xrp. Ladys and gentlement its coming.
XRP PULLBACK TO 0.68After a long few days of pumping the XRP pullback is about to initiate itself back down to levels where whale investors are looking to make entries.
1. Current Price Level and Trend: The price of XRP has been in an upward trend, with a series of consecutive “Buy” signals and a few “Sell” signals, suggesting bullish momentum.
2. Indicators Overview:
• Moving Averages: The price appears to be above the moving average lines, supporting the uptrend. Moving averages can act as dynamic support levels during pullbacks.
• RSI or Stochastic Oscillator: This indicator, likely a Stochastic Oscillator or RSI, appears in the bottom section and shows oscillations with lines near the overbought region. If it’s nearing or exceeding the overbought threshold, it could indicate that the asset might soon pull back.
• MACD (Middle Indicator): The MACD indicator shows a crossover upwards, indicating recent bullish momentum. However, if it diverges from the price action or shows signs of crossing downward, this could signal a weakening trend and potential for a pullback.
3. Volume: There is a noticeable increase in trading volume during the latest price rise. High volume combined with upward price movement typically supports the trend, but if volume suddenly decreases while price moves upward, it could signal a loss of momentum and potential pullback.
4. Support and Resistance: The chart has defined horizontal lines which may act as support or resistance levels. The price is currently near a recent high, which may serve as a resistance zone. If the price struggles to break above this zone, a pullback to the nearest support level could occur.
Summary for Pullback Potential:
• Indicators in Overbought Zone: Indicators nearing overbought levels signal caution for a pullback.
• High Resistance Area: If XRP struggles to break recent highs, it may retrace to lower support levels.
• Volume: Watch for any decrease in volume during the next price movement up, as this could indicate a weaker rally and potential for a pullback.
For confirmation, monitor these indicators closely on the next few candles and look for any bearish divergences or weakening momentum to gauge the likelihood of a pullback.
XRPUSDT Breakout Alert! After 3 Years of Consolidation!BINANCE:XRPUSDT is currently breaking out of a long-term consolidation box after nearly three years of sideways movement. This breakout from key resistance levels signals a potential uptrend that traders have been eagerly anticipating. The recent price action, combined with increasing volume, suggests a strong bullish momentum that could drive prices higher.
BINANCE:XRPUSDT Currently trading at $0.69
Buy level: Above $0.67
Stop loss: Below $0.49
Max Leverage 3x
Always keep Stop loss
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
XRP fractal, a little more detailFurther to my previous post on XRP. I realise that I was not clear enough. I am awaiting the intitial surge to 1.9, then I'm out. There may well be higher highs to come. But, if the fractal plays out there will be an equal downward surge that will take us to local lower lows and below my entry point. So, I'm going to stick it out to 1.9. Follow for more
XRP fractal, sometimes simple is bestI'm loving XRP at the moment. We've seen a gorgeous positive breakout the last few days giving high confidence in a furthe upward surge. I'm looking closely and can see a beautful fractal appearing that looks like it could play out again. IF it does, my target will be just shy of the top around 1.9. I'm in until then. Follow for more.
XRP - small pullback incoming - correction elliot waveXRP made a nice move up. On the 1H time frame I see that the move up is temporarily pauzed. To be able to move further up a small pullback is necessary. Probably max. -20% in an corrective elliot wave a-b-c.
These are just temporarily pullbacks. For swing traders nice to ride the waves. For long term traders just hodl and keep your eyes focussed on your long term target.
XRP, full bullish - triple threat of buying signalsI'm not a huge fan of XRP as it's in a market of its own and goes up and down against the trends created by the main driving force, Bitcoin. But, It's hard to ignore the fact that we have a bullish cross on the MACD, trendline breakout and increase in volume creating a beautiful cocktail of positive signals for XRP. Where will it go? Tune in for the next update soon. Follow for more.
XRP to $10? Let’s Hope SoCRYPTOCAP:XRP XRP CRYPTOCAP:XRP to $10? Let’s Hope So! 🚀
A quick and perhaps surprising observation: In XRP CRYPTOCAP:XRP 's 2017 bull run, it surged by 57,000% (570x), and in the 2020 run, it increased by 1,000% (10x). However, keep in mind that this 2020 rally faced the headwinds of the SEC lawsuit, with XRP being delisted from major U.S. exchanges, leading to a -75% drop.
Now, imagine if the lawsuit hadn’t happened—where could XRP’s price have gone?
When Could #XRP’s Major Rally Happen?
A big rally could be on the horizon once Bitcoin corrects after breaking its previous all-time high. This pattern has historically paved the way for altcoins like XRP CRYPTOCAP:XRP to see massive gains.
XRP bullish scenario - better chart XRP price quickly approaching the squeeze point of this wedge.
Waiting for price to come down towards bottom of wedge.
If market shows bullish signs and XRP has a reaction, will look for a long entry in this area, with invalidation below the previous low.
XRP bullish scenarioXRP price quickly approaching the squeeze point of this wedge.
Waiting for price to come down towards bottom of wedge.
If market shows bullish signs and XRP has a reaction, will look for a long entry in this area, with invalidation below the previous low.
#XRP #Ripple Cup with Handle#XRP #Ripple From previous high 0.95$ it's down to 0.41$ and tried to rebound back 2 times, both 2 times didn't pass 61.8% Fibonacci. This is a 3rd longer time and break through previous high. I wonder that level, 0.95$, is also the same level of 161.8% Fibonacci. IMPULSE WAVE!!
XRPUSDT: Consolidation and Potential Breakout SetupXRPUSDT is currently trading around 0.5475 USDT, facing downward pressure from a long-term descending trendline. The price has tested this trendline several times, indicating a strong resistance level that has yet to be broken.
A support zone (highlighted in blue) around the 0.5328 level has held strong, suggesting a consolidation phase within this range. If XRP can maintain support and consolidate further, a breakout above the trendline could set the stage for a bullish move, potentially targeting 0.60 USDT or higher.
However, if the price fails to hold the support zone, we may see a pullback to lower levels. Traders should watch for a clear breakout from this descending resistance or a confirmed hold of the support to determine the next move.
XRP Falling Channel Breakout!!! (Bullish)First time since July 2023 that XRP has finally broken to the upside outside the Descending Channel Pattern.
🔴Key Resistance= $0.85
🟢Major Line of Support= $0.61
🎯Target= $1.00
XRP is ready for lift up (update)It should happen very soon. However, there is still a possibility that the triangle wave could extend and that the E wave even has not been initated. Patience is bitter but its fruit is very sweet. It is only a matter of time
XRP go up!Hello everyone, let's look at the current situation of XRP considering the time frame of one week. As we can see, the price paid off the trend triangle with a dynamic upward move.
Let's start by setting goals for the near future, which include:
T1 = $0.84
T2 = $0.98
T3 = $1.17
T4= $1.41
Now let's move on to the stop-loss in case the market continues to decline:
SL1= $0.69.
SL2 = $0.54.
SL3 = $0.43.
SL4 = $0.28
Looking at the RSI indicator, we see
that there is still room for price movement
up.
