XRP movement It reaches the residence, if it crosses it, the price may rise 50%. All that matters to me is the residence and support.
XRPUSDT trade ideas
Falling WedgeHi there,
The price broke down from the rising wedge and has now formed what appears to be a falling wedge, if this wedge was to be confirmed and it broke out the price could be eyeing $2.52
The falling wedge broke down which appears to be a fake down, it seems to be repeating previous pattern that rocketed the price recently. 1H is currently forming a doji at the time of posting this analysis, however, that could very well change. If a doji is formed will it signal a reversal?
Whether or not this will breakout or be even be confirmed is yet to be known, just thought I'd post my idea to get the communities input.
Market is very volatile at the moment and unpredictable. I still believe a second retest of $2.49 is on the horizon before visiting $2.22 again but we'll have to see. I could be wrong.
NFA
Thank you for taking the time to review my idea, I am interested in your insight and feedback, anything would be greatly appreciated.
Thank you! :)
XRP long swing trade opportunity emergingBYBIT:XRPUSDT is in a flag pattern, bullish from the previous move. Technical analysis theory says that statistically, this chart pattern provides a higher probability of a future bullish price move than a bearish one.
Given the previous large gyrations of the price while within the flag, and that the specific time of the expected bullish move is unknown, the trading opportunity is better suited to a swing trade than a margin one (as most margin trades have a tighter SL than a swing trade and a long flag might trigger the SL of a margin trade just because of the nature of the chart pattern)
The trading approach would be to await a move back to the bottom of the flag for entry, which will also be a level where the 50 DMA also provides some level of support, utilise a 2 day filter to ensure that the price move to the bottom does not precede the price falling out of the flag / pattern failure (as previous moved have tended to go below the flag bottom on the 1 day chart), and then enter.
The TP would be the size of flagpole (approx. 1.35 USDT). The SL would be when the price has closed below the 50 DMA or flag bottom (depending on risk appetite) with a 3 day filter.
Risks to this trade: The current price rise (bull run) of most stocks and crypto currently can be traced back to the election victory of Trump and the expectation that his policies will be favourable to crypto and US businesses. These policies have yet to be defined and it is unknown if they will actually become policies. Therefore, it is probable that any setback to Trump's attempt to either formulate/implement these policies, or perception of not intending to actually even have them will be seen by the market as extremely negative and will likely cause the prices to fall as dramatically as they have risen.
Note: The entry point for this trade can also be taken as an entry point for a next leg of a DCA purchase or a general buy and hold.
XRP' Challenging the Stablecoin Stranglehold
XRP, the cryptocurrency associated with Ripple Labs, has recently made significant strides in the market, surpassing USDT (Tether) to claim the position of the third-largest cryptocurrency by market capitalization, boasting a valuation of $139 billion. This achievement marks a significant milestone for XRP and raises questions about its future trajectory, particularly its potential to reach price targets such as $5 and beyond. This article delves into the factors contributing to XRP's recent surge, its competitive landscape, and the technical and fundamental analysis supporting its bullish outlook.
Breaking the Stablecoin Barrier
The cryptocurrency market is often categorized by its volatility, with stablecoins like USDT providing a perceived safe haven for traders and investors. These stablecoins, pegged to fiat currencies like the US dollar, have consistently held prominent positions in the market capitalization rankings. XRP's recent surpassing of USDT signifies a shift in market dynamics.1 It demonstrates a renewed interest in and confidence in XRP's potential as a utility token and a potential bridge between traditional finance and the decentralized world of cryptocurrencies. This achievement not only elevates XRP's status but also signals a broader market appetite for cryptocurrencies with real-world use cases.
XRP's Utility and Use Cases
XRP's core value proposition lies in its potential to facilitate fast and low-cost cross-border payments. Ripple's technology, which utilizes XRP, aims to streamline international transactions, reducing reliance on traditional banking systems that can be slow and expensive.2 This focus on utility distinguishes XRP from many other cryptocurrencies that primarily function as speculative assets. The growing adoption of Ripple's technology by financial institutions and payment providers contributes to the demand for XRP, driving its value and market capitalization.3 The emphasis on real-world applications is a key factor in XRP's long-term growth prospects.
Market Dynamics and Speculative Interest
While XRP's utility plays a crucial role in its valuation, speculative interest also contributes to its price movements. Positive news regarding Ripple's partnerships, regulatory developments, and technological advancements can trigger significant buying pressure, leading to rapid price appreciation. Conversely, negative news or market uncertainty can lead to price corrections. The interplay between fundamental factors, such as utility and adoption, and speculative trading creates the dynamic price action often observed in XRP.
Technical Analysis and Price Targets
Technical analysis, which involves studying historical price charts and trading volume, can provide insights into potential future price movements.4 Various technical indicators and chart patterns are used to identify trends, support and resistance levels, and potential breakout points.5
The Path to $5 and Beyond
The ambitious price target of $5 and beyond for XRP is based on a combination of factors, including its increasing utility, growing adoption, and potential for broader integration into the financial system. If Ripple continues to secure partnerships with financial institutions and expand its network, the demand for XRP could increase significantly, driving its price higher. Furthermore, positive regulatory developments and increased clarity surrounding the legal status of XRP could also contribute to its price appreciation. However, achieving such ambitious targets is not without its challenges.
Challenges and Risks
XRP faces several challenges and risks that could impact its future growth. Regulatory uncertainty, particularly in the United States, has been a significant hurdle for Ripple and XRP. Ongoing legal battles and potential regulatory changes could create volatility and impact investor confidence. Furthermore, competition from other cryptocurrencies and traditional payment systems poses a constant threat. The success of XRP depends on its ability to maintain its competitive edge and adapt to the evolving landscape of the financial and technological sectors.
Conclusion
XRP's recent surge and its achievement of becoming the third-largest cryptocurrency by market capitalization mark a significant milestone in its journey.6 Its focus on utility, particularly in cross-border payments, distinguishes it from many other cryptocurrencies and provides a strong foundation for future growth.7 While speculative interest also plays a role in its price movements, the underlying value proposition of XRP lies in its potential to disrupt traditional financial systems.8
The ambitious price targets of $5 and beyond are based on a combination of factors, including increasing adoption, positive regulatory developments, and continued technological advancements. However, challenges such as regulatory uncertainty and competition remain. XRP's future success depends on its ability to navigate these challenges and continue to deliver on its promise of fast, low-cost, and efficient cross-border payments. As the cryptocurrency market continues to evolve, XRP's journey will be closely watched by investors, financial institutions, and the broader technological community.
XRP/USDT Bullish Pennat Breakout LoadingXRP/USDT, Bullish Pennant Formation in Progress
The chart displays a Bullish Pennant, signaling potential upward momentum. However, the price is currently rejecting near the upper trendline, indicating that the breakout may take some time.
Key Insights
1. The pennant structure remains intact, but consolidation might continue before a decisive breakout.
2. Watch for a confirmed breakout above the upper trendline before considering a long trade.
3. Once the breakout occurs, the target range is $2.8 to $3.0.
Patience is crucial as the price may test the trendline support or consolidate further before breaking out.
Watch for break to 170-160Still overbought and we broke our monthly support on the run up. I believe there is still room down before another rally.
XRP update So , right now xrp is retesting this descending pattern .
It either just goes for the 4,9$ target .
Or it will still follow my pattern . Just a little bit delayed .
The retest would be around 9-10 january .
Xrp usdt"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
XRP to 2.0$ - short position - just an analysis - not adviceXRP to 2.0$ - short position - just an analysis - not advice
Price forming HH and LH, bullish continuation.Hi there,
The price is forming HH and LH which is signalling upwards momentum is still intact, however, the price appeared to make an attempt on breaking out of the bullish pennant that we have seen forming which was rejected. The $2.49 sell wall is still intact, I believe that a second re-test is imminent and it could break, if not we could be looking at downwards pressure to $2.22
This is what I believe could happen and the path indicated. If the price does break out the target is $4.96
If anyone has feedback on my idea or an insight into what could be happening I'd love to hear it, all comments are greatly appreciated.
Thank you! :)
Prepare to BUY Spot XRP on the Next D1 and W Cycles
🌟 Ride the Next Big Wave with XRP! 🌟
🌍 Market Overview:
XRP is aligning for a strong bullish movement on both D1 and W (Weekly) timeframes, offering a significant opportunity for short-term traders to achieve excellent returns.
📊 Trade Plan:
📌 Entry: $1.9 - $2.2 – Ideal accumulation range before the breakout.
🎯 Target: x2 – Doubling your investment with this high-probability setup.
⏳ Hold Time: 2-3 weeks – A perfect short-term hold aligned with the D1 and W cycles.
🔍 Strategy Insights:
My custom tool RainBow MG3 highlights XRP as a strong contender for significant upward movement.
Volume trends and market conditions support a high-probability breakout.
🚀 Next Steps:
💬 Reach out for personalized support or strategy insights!
💡 Note: This is not financial advice. Always DYOR before trading.
🔥 XRP is set to soar – Don’t miss your chance to join the next wave! 🔥
XRP update #XRP has a particular pattern like ABCDE before it's long rising spike now it needs a good correction wave to continue it's way up to the roofs there's one demand zone which can make a good rise in this chart but maybe it can't make a hit to the ATH so we have to wait
Almost Every Bank in Japan Will Use Ripple’s XRP by 2025! 🌏🇯🇵 Almost Every Bank in Japan Will Use Ripple’s XRP by 2025! 🚀
By 2025, 🇯🇵 Japan is set to make history by integrating Ripple's XRP across its banking system. This bold move positions Japan as a global trailblazer in digital currency adoption, making XRP the gold standard for seamless payments.
Here’s a list of major Japanese banks embracing XRP:
📍 SBI Holdings – Tokyo 🇯🇵
📍 Mizuho Bank – Tokyo 🇯🇵
📍 Sumitomo Mitsui Trust Bank – Tokyo 🇯🇵
📍 Resona Bank – Osaka 🇯🇵
📍 Bank of Yokohama – Yokohama 🇯🇵
📍 The Chugoku Bank – Okayama 🇯🇵
📍 The Tokyo Star Bank – Tokyo 🇯🇵
📍 The Toho Bank – Fukushima 🇯🇵
💼 These banks are part of a 61-member consortium championing worldwide cryptocurrency adoption, with a spotlight on XRP. This initiative is set to revolutionize cross-border transactions, making them:
✅ Faster
✅ Cheaper
✅ More secure
🌟 🇯🇵 Japan leads the way in digital finance innovation! ✨
XRP - Key Moment in TrendHere is an update to our previous post:
After creating another higher low and testing the pivotal $2 level, XRP has created another higher low and has risen to its upper trendline. Now the Market must decide if price will get rejected from this trendline once again, or if price can break above which would give the breakout an initial measured move target of $3.
XRP: Keep an eye on this level! If you're looking to trade XRP at the moment, here's a quick setup that you might find helpful!
The idea is: Buy when the price breaks above $2.31 and take profits at the levels shown in the chart.
Targets:
1. $2.39
2. $2.48
3. $2.6
-------------------------------------------
About our trades:
Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!). Our TradingView page serves as a testament to this claim, and we invite you to verify it!
BREAKING: Morgan Stanley CEO to Abandon SWIFT for XRP!?🚨💥 BREAKING: Morgan Stanley CEO to Abandon SWIFT for XRP!? 💥🚨
🔥 Major Shake-Up Alert: Ripple's CRYPTOCAP:XRP has caught the attention of Morgan Stanley, with discussions suggesting it as a potential replacement for the traditional SWIFT payment system!
📄 Key Insight from Morgan Stanley:
> "XRP's system is considered a leading international payment alternative to SWIFT."
💡 Additional Highlights:
🪙 Ripple and other digital currencies like Bitcoin and CBDCs (Central Bank Digital Currencies) are driving a de-dollarization trend globally.
📈 Analysts predict XRP could surge to $10, fueled by:
🚀 Institutional Adoption
📊 Market Momentum
⚠️ But Here's the Catch:
Morgan Stanley hasn't officially confirmed a move from SWIFT to XRP.
Any such transition would involve extensive regulatory and operational considerations.
🌐 As the financial world evolves, keep a close watch on XRP – it might just redefine global payments!
🔮 Will it break the $10 mark? 🌟 Stay tuned, the crypto market is heating up!
Discover How Ripple Can Bring You More Gain This YearHello and greetings to all the crypto enthusiasts, ✌
In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for Ripple , 📚🎇
Ripple has had solid trading volume but has lagged behind its competitors, remaining largely stagnant for years. This prolonged period of inactivity has led to a tightly squeezed price pattern, suggesting it's due for a potential breakout. Both technical and fundamental factors point to strong future growth, with upward momentum likely in the short term. 📚✨
The current market conditions favor a rally, and Ripple seems set for a 52% return, with even higher possibilities as new updates emerge. Investors should stay patient, as this setup could lead to significant gains in the coming months. 📚✨
🧨 Our team's main opinion is: 🧨
Ripple, after years of stagnation, shows strong growth potential and a likely 52% return, with significant gains ahead.
Give me some energy !!
✨We invest countless hours researching opportunities and crafting valuable ideas. Your support means the world to us! If you have any questions, feel free to drop them in the comment box.
Cheers, Mad Whale. 🐋
XRPUSDT - Ripple - LongRipple - XRPUSDT CMP - $2.41 / Positional Trade
*Buy Range $2.4 - $2.50 ONLY / Stop Loss $1.85 in weekly candle closing*
*Target 1 - $3.50*
*Target 2 - $4.00*
*Target 3 - $4.50 / $5.00*
Disclaimer: This is my view and for educational purpose only.
XRP mega bull flag?its possible to see this as a mega bullflag on xrp. in my opinion very likely. the bullflag target could be as high as 4.17 and offcourse even higher.
XRP/USDTKey Level Zone : 2.3400 - 2.3650
HMT v3.1 detected. The setup looks promising, supported by a previous upward/downward trend with increasing volume and momentum, presenting an excellent reward-to-risk opportunity.
HMT (High Momentum Trending):
HMT is based on trend, momentum, volume, and market structure across multiple timeframes. It highlights setups with strong potential for upward movement and higher rewards.
Whenever I spot a signal for my own trading, I’ll share it. Please note that conducting a comprehensive analysis on a single timeframe chart can be quite challenging and sometimes confusing. I appreciate your understanding of the effort involved.
Important Note :
Role of Key Levels:
- These zones are critical for analyzing price trends. If the key level zone holds, the price may continue trending in the expected direction. However, momentum may increase or decrease based on subsequent patterns.
- Breakouts: If the key level zone breaks, it signals a stop-out. For reversal traders, this presents an opportunity to consider switching direction, as the price often retests these zones, which may act as strong support-turned-resistance (or vice versa).
My Trading Rules
Risk Management
- Maximum risk per trade: 2.5%.
- Leverage: 5x.
Exit Strategy
Profit-Taking:
- Sell at least 70% on the 3rd wave up (LTF Wave 5).
- Typically, sell 50% during a high-volume spike.
- Adjust stop-loss to breakeven once the trade achieves a 1.5:1 reward-to-risk ratio.
- If the market shows signs of losing momentum or divergence, ill will exit at breakeven.
The market is highly dynamic and constantly changing. HMT signals and target profit (TP) levels are based on the current price and movement, but market conditions can shift instantly, so it is crucial to remain adaptable and follow the market's movement.
If you find this signal/analysis meaningful, kindly like and share it.
Thank you for your support~
Sharing this with love!
HMT v2.0:
- Major update to the Momentum indicator
- Reduced false signals from inaccurate momentum detection
- New screener with improved accuracy and fewer signals
HMT v3.0:
- Added liquidity factor to enhance trend continuation
- Improved potential for momentum-based plays
- Increased winning probability by reducing entries during peaks
HMT v3.1:
- Enhanced entry confirmation for improved reward-to-risk ratios
Ripple analysishello guys
There are two scenarios for Ripple:
1: By hitting the ceiling for the third time, it will succeed in breaking and witness its growth.
2: Don't be afraid to break the ceiling and make a step purchase by falling in the specified
support areas.
What do we think?
We think scenario 1 is more likely to happen.
Be successful and profitable.
