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XRPUSDT trade ideas

XRP long-term plan XRP has been consolidating below $0.6 for almost two years. The current weekly candle is not really impressive when comparing XRP with other big cap cryptos. However, this candle would be a start for future big moves. Indeed, the long-term trendline since May 2021 seems to be broken very soon. The trendline of volume indicator CMF is also being broken. My plan was to accumulate XRP around $0.5-$0.6 (or any lower dips) and take profit at mid-term (starting from $1.6) and long-term target (around $5). Disclaimer: This analysis is based on my personnal views and is not a financial advice. Risk is under your control. ---- About XRP ---- XRP is a digital currency commonly associated with Ripple Labs, a technology company focused on providing solutions for cross-border payments. XRP serves as a bridge currency in the Ripple network, facilitating the transfer of value between different fiat currencies or other cryptocurrencies in a fast and cost-effective manner. It's often used by financial institutions and payment providers for remittances and other cross-border transactions due to its efficient settlement times and low transaction fees.
Long
by evasivesteering
Ripple can continue to decline to 0.5065 support levelHello traders, I want share with you my opinion about Ripple. Observing the chart, we can see that the price some time ago started to decline inside the downward channel, where it soon broke the resistance level, which coincided with the seller zone and fell to the support line of the channel. After this movement, Ripple continued to decline in the channel and reached a support level, which coincided with the buyer zone, and even soon broke it too and declined more. But later, XRP turned around and made a strong impulse up from the support line, thereby breaking the 0.5065 support level again and exiting from the downward channel also. Then price continued to grow and even later reached a resistance level, but not a long time ago rebounded and declined to the support line. Also recently, XRP broke this line and now it continues to decline, so, in my opinion, Ripple can make a little movement up and then continue to fall to the 0.5065 support level, which is my target also. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
Are Altcoins Ready to Launch? XRP Poised for Takeoff 🚀The cryptocurrency market is buzzing with anticipation as signs suggest that altcoins, including XRP, may be gearing up for a significant rally. XRP, in particular, is showing promising technical indicators that hint at a potential surge in price. Investors and traders are increasingly optimistic, viewing the current market conditions as a launching pad for substantial gains. With the overall sentiment in the crypto space turning bullish, XRP and other altcoins are closely watched for signs of an imminent breakout, which could redefine their market positions and offer lucrative opportunities for those positioned advantageously.
Long
by awsmtrades
XRPUSDT → Ripple prepares for 70% growth ↑BINANCE:XRPUSDT is forming a technical false break of support, in the long term consolidation above the zone should be formed with the purpose of continuation of growth, the potential of which can be opened by 50-70% The price on W1 is squeezed within the triangle. Another attempt to retest the resistance zone is being formed. At the moment, the market is restrained from strong growth by the proceedings between the SEC and XRP. Ripple recently announced that they are willing to pay a $10 million fine instead of $2 billion, while two strong lawyers are resigning from the SEC. The upside potential will be a price consolidation above the 0.500 area and on a breakout of 0.73. Support levels: 0.5000, 0.4226 Resistance levels: 0.6431, 0.7325, 0.8547 If the legal nuances are closed soon, a new bullish time will come for XRP and Ripple will start to conquer new peaks. Regards R. Linda!
Long
by RLinda
12
XRPUSDT: Potential Short Position?A bearish Bar-to-Bar divergence has been identified, signaling a potential loss of momentum. However, the current price resides above the 50% moving line and above the Lower 50% line. Additionally, an upward bend has been observed in the 'Predict Beta' indicator, hinting at possible bullish pressure. My strategy entails waiting for the price to breach the short signal level at 0.52980 before initiating a short order. Alternatively, the price may need to rebound and face rejection at the resistance level before executing the short order. /please DYOR/trade at your own risk
Short
by DexterMGarcia
HelenP. I Ripple will break trend line and fall to support levelHi folks today I'm prepared for you Ripple analytics. Some days ago price reached a resistance level, which coincided with the resistance zone, and soon broke this level. Then XRP rose a little more, and then in a short time declined below the 0.5410 level, breaking it again, and then the price continued to fall. After the price reached the support level, which coincided with the support zone, it some time traded near this level and later broke it, after which declined to the trend line. But then, the price turned around and made a strong impulse up, higher 0.5080 level, breaking it and making a retest also. Then Ripple continued to move up and soon reached a resistance level, but a not long time rebounded and fell to the trend line, where at the moment XRP continues to trade near. For my mind, Ripple will make a little move up and then rebound down to the support level, breaking the trend line. That's why I set my target at the 0.5080 support level. If you like my analytics you may support me with your like/comment ❤️
Short
by FirstNameHelen
XRPUSDT.1DThe daily chart for Ripple (XRP/USDT) shows the price fluctuating within a defined range, currently sitting at $0.5298. The chart outlines key resistance levels at $0.5746 (R1) and $0.6686 (R2), which are critical points where the price has previously encountered selling pressure. The support level (S1) is established at $0.4697. Observing XRP's recent behavior near this level could provide insights into potential future movements. If XRP can maintain above S1, it might retest R1, suggesting a consolidation within this range. The RSI is almost at the neutral point of 47.24, which does not indicate a strong momentum in either direction, suggesting the market is in a state of balance between buyers and sellers. The MACD is very close to the signal line and slightly below zero, indicating a lack of strong bullish or bearish momentum. For traders: Watching the reaction at S1 is crucial; holding above it might suggest stability or a potential upward move toward R1. Breaking below S1 could signal a further decline, potentially reaching lower historical levels not marked on this chart. A breakout above R1 could lead to a test of R2, providing a bullish scenario to target higher levels. Traders should consider these levels for potential stop-loss or take-profit points, and observe volume and other indicators for confirmation of any potential moves.
by MarsSignals
RIPPLE - Price can continue to decline in channelHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊 Recently price bounced from resistance line and fell to support line, but soon bounced up from this line, making fake breakout. Then in a short time, Ripple rose to resistance line, after which made little correction and soon broke $0.5365 level. After this, price rose a little more, and then started to decline inside falling channel, where it soon declined to resistance area. Later, XRP broke $0.5365 resistance level one more time and then in a short time declined to $0.4790 level. In my mind, Ripple can make small movement up and then continue to decline in falling channel. Also, I think that XRP can break the support level and decline to $0.4790 points support area. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
2