XRPUSDT trade ideas
XRP 8X Leveraged Trade ExplainedWe are not there yet we our next leveraged trade for XRPUSDT. The truth is that one wave ended recently and there is always a period of rest between one wave and another. A trading range is established and the lower boundary tends to fail before the next wave. Let me explain.
If the support is set at $1.96, this support can hold as XRP consolidates (sideways). At one point, normally before the start of the next advance, there is a drop below support (support breaks). This drop tends to activate all the stop-loss orders and liquidate over-leveraged traders. After this event is complete, we see the development of a new bullish move.
The arrows on the chart are for illustration only. They depict several variations in which this scenario can develop.
The first impulse ended early December. Then comes the consolidation phase. A period of rest to consolidate all this growth the market experienced.
This consolidation phase can last between 1-3 months. We are thinking around three months based on the Mars retrograde, but this varies wildly between markets and pairs. So instead of focusing on a specific time we focus on the price.
The next advance can take XRPUSDT beyond $4.
We wait patiently, there is always a long rest period between a strong advance and the next leg-up. We are in that period now and XRPUSDT has been sideways for 23 days so far.
The red arrow better illustrates my point. Whenever the major drop is in, that's the signal to go LONG.
Before the drop is in, the market will continue to go sideways and this is when leveraged traders lose the most.
Ignore the SHORT side because the market is bullish.
Thanks a lot for your continued support.
Namaste.
Ripple is on the downslide againDuring the previous stages, Ripple experienced two ups and downs in Major Time.
The first time it took 399 days to ascend, and 427 days to descend, adding up to 826 days.
After that, due to the prolonged court proceedings of Ripple, its ascension time lasted 875 days. Considering the clarity of the issue and the outcome of the Ripple case, it is likely to go down to the level of 786, i.e. the price of $0.65, and it is normal for the SEC to fail to receive compensation , And otherwise, it will lead to a bigger fall.
Lingrid | XRPUSDT short-term Correction After a SKYWARD SurgeOver the past month, BINANCE:XRPUSDT soared to the $2.00 mark. Since then, the price has been fluctuating around this level. On the daily chart, it's moving sideways and forming a triangle pattern. While this pattern often signals a continuation of the trend, I think the price may dip below the key $2.00 level to take liquidity. This could create a good buying opportunity for bulls after a healthy retracement. I anticipate the market will form a "fakey" pattern, which typically involves a false breakout of the triangle. My goal is support zone around 1.9690
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Bullish Descending TriangleHi there,
The price has formed a bullish-pennant on the 1-D timeframe as-well as what appears to be a bullish descending triangle. If it manages to breakout we could be looking at $3.8 heading into the New Years. The Stoch RSI has crossed on the 1-D timeframe and the RSI is also heading in that same direction which would then signal a golden cross which could signal a bullish movement. At current time of posting this the RSI sits at 54.84 to 58.79, it's coming close to forming that golden cross. Lower timeframes are looking healthy. Consolidation is essential.
The apex of the bullish descending triangle would coincidentally be around New Years Eve. The apex for the pennant is also coincidentally on the 21st January; Donald Trumps Inauguration. It seems as if it was written in the stars. Who knows what could happen and who knows, I could be awfully wrong.
With the SEC chairman being replaced and the possibility of the lawsuit being dropped XRPs future is bright and filled with ups and downs, but I will be there all the way along the journey.
Not financial advice.
Thank you for taking the time to look at my idea :)
XRP/USDT25-12-2024 G-Money's short version technical analysisXRP/USDT 2H G-Money's short version analysis based purely on technical analysis only, no nonsense or "BS". I do totally ignore any fundamental analysis, technical analysis only
XRP/USDT still kinda on the watchlist waiting for a signal to enter trade. Some early/partial entries are done as well already. Still waiting for crossing & closing candle over "entry" level...
What do you think?
Chart is itself explaining. Kept a "KISS" approach all the way ( "Keep It Simple, Stupid") & beginners friendly... ;)
I do hope that nobody ignoring SL ( Stop Loss) ! Without it, It is a fastest way to loose hard earned money...
;)
Trade safe & don't do "gambling". In the end it never pays, not worth it to risk loose all your $...
PS: above technical analysis is done for the community & educational purpose only! It is not a financial advice. Just share my very own insight to it.
This Technical analysis is my Christmas "Present" for You ! Merry Christmas to ALL !
XRP Poised for Sideways Ahead of Potential Breakout (XRPUSDT)XRP seems likely to move sideways for another couple of months, forming a handle following the completion of a cup pattern. The appropriate point for the next significant move could be around the 50% Fibonacci retracement zone. Notably, XRP has already broken out on the monthly chart, adding further strength to its bullish potential.
XRP JUST IN! Tom Lee’s Bold Prediction: $10 or $35🚨 XRP JUST IN! Tom Lee’s Bold Prediction: $10 or $35 for CRYPTOCAP:XRP ? 🚀
Tom Lee, a renowned crypto analyst and co-founder of Fundstrat Global Advisors, has turned heads with his optimistic forecast for XRP, Ripple's digital asset. According to Lee, XRP could surge to $10-$35, depending on critical developments in the crypto market and regulatory landscape.
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🔑 Key Factors Influencing XRP's Potential Growth
📜 Regulatory Clarity:
The Ripple Labs vs. SEC lawsuit remains a game-changer. This case, which debates if XRP should be classified as a security, could reshape XRP’s future trajectory and its regulatory standing.
💳 Market Adoption:
Wider use of XRP in cross-border payments and partnerships with financial giants could boost demand and drive prices higher.
⚙️ Technological Advancements:
Improvements to the XRP Ledger and new innovative features may enhance investor trust and attract a broader user base.
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📊 Current Market Overview
Price: $2.21 (as of Dec 23, 2024)
📉 Change: Down 3.07% from the previous close
Intraday High: $2.28 | Low: $2.13
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🧐 Conclusion
Tom Lee’s prediction of XRP hitting $10 to $35 is bold but hinges on:
✅ Favorable regulatory outcomes
✅ Growing adoption by financial institutions
✅ Continuous innovation
🚨 Investors Alert: Cryptocurrency markets are highly volatile. Do thorough research before making any decisions!
📌 Disclaimer: This content is for informational purposes only and is NOT financial advice. Always Do Your Own Research
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💸 Where do you think XRP is headed? Share your thoughts! 🗨️
RIPPLE's Recovery Phase📊 XRP has consolidated around $2.14, showing strength near the $2.00-$2.05 support zone.
✅ With this support likely to hold, the price appears positioned to rebound toward $2.38 and $2.60 as it begins to break out of the current downward trendline.
⚠️ Trading involves risk; assess carefully before taking action.
XRP Analysis – December 23, 2024Hello, this is Greedy All-Day.
Today's chart analysis is on XRP.
Daily Chart Overview:
Looking at the daily chart of XRP, we can see that since December 1, 2024, the chart has been forming a pennant pattern. As per the pattern's characteristics, we should look for either a breakout above resistance or a breakdown below support. Until that happens, the general approach is to remain on the sidelines during the consolidation phase.
Currently, the price is still within the pattern, so there is no clear direction yet. Although we’re seeing some correction, we cannot call this a full correction just yet, as the consolidation may simply be a brief pause before a potential continuation of the upward move. The concern is the red box area, where the Lagging Span (or Lagging Line) is about to break through the candles. If this occurs, the Lagging Span may face resistance from the candles above.
For the trend to continue upwards, we need the price to stay above the middle of the pattern. If not, we might see a weakening of buying pressure.
Risk of a Pennant Breakdown:
If XRP breaks down below the pennant pattern, the next support level to watch is at 1.847. Should this level also be broken, it could complete a descending triangle, with a target around 58% lower. As you can see, this is close to a key resistance level from the previous upward movement. Therefore, breaking below 1.847 is critical.
Further Historical Data Analysis:
Looking at more historical data on the daily chart, we can see that XRP previously broke above a major resistance level (the red box) and tested it as support before rebounding. However, if XRP breaks below 1.847, it will likely enter a consolidation phase after completing a new pattern. In the past, the next frame showed a significant drop toward 0.766 after a similar strong rise. This suggests that a sharp decline is highly likely if the current breakout fails to hold.
This analysis highlights the current critical levels for XRP. The next steps depend on whether the price can maintain its position above support or if a breakdown occurs, potentially leading to a more significant drop.
Conclusion:
In summary, XRP is currently in a pennant pattern, and we need to watch for a breakout above resistance or a breakdown below support. While there’s still potential for an upward move, the key levels to watch are 1.847 and the red box area. A breakdown below 1.847 could lead to a significant decline, potentially completing a descending triangle with a target lower than the current price.
It’s crucial to wait for clear price action before taking action, as the market is still uncertain. If the price breaks lower, we could see a strong correction, but if it holds support and resumes the upward trend, it could be an opportunity for further gains.
XRP Price Update: Short-Term Dip or Buying Opportunity?🚨 XRP Price Update: Short-Term Dip or Buying Opportunity? 🚨
CRYPTOCAP:XRP is currently trading at $2.19, reflecting a slight decline of 2.43% over the past 24 hours. Despite the short-term volatility, XRP continues to shine as one of the most popular cryptocurrencies with strong fundamentals and a loyal community.
🔑 Key Levels to Watch
📈 Resistance: $2.30 (Potential short-term target)
📉 Support: $2.10 (Critical support zone to monitor)
📊 Trade Setup
🟢 Long Entry: Around $2.15, targeting:
1️⃣ $2.30 (short-term PDA)
2️⃣ $2.40 (next major level)
🔴 Short Entry: If XRP falls below $2.10, consider:
1️⃣ $2.05 (retracement zone)
2️⃣ $1.95 (lower PDA)
🛡 Risk Management
💡 Stop-loss: $2.05 to minimize downside risk.
💬 Market Insight
The slight dip in XRP may present a buying opportunity for those looking to accumulate at lower prices. Keep an eye out for recovery signals to confirm a bullish trend in the short term.
🚀 Stay tuned for updates and trade wisely!
The last bullish chance of XRP in Mid term!The price has formed a bullish flag on the 4-H time frame, and if it breaks out, it can drive the price up to around $2.9 . This is expected to happen in the new year. I don't know why this coin reminds me of BNB!!!
Give me some energy !!
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Best regards CobraVanguard.💚
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
XRP: Ripple’s Rocky Road🚨 XRP: Ripple’s Rocky Road – Can It Bounce Back? 🚨
💎 CRYPTOCAP:XRP is navigating choppy waters after recent market turmoil. The big question: Can XRP recover, or are we looking at a prolonged slump?
🔍 What’s Dragging XRP Down?
⚖️ Regulatory Challenges: Ripple’s ongoing legal battle with the SEC is a dark cloud over its future.
📉 Shifting Sentiment: Market confidence in XRP has wavered. What does this mean for its price trajectory?
⚔️ Altcoin Competition: Is XRP losing ground to rival projects, or does it still hold untapped potential?
🌟 What Lies Ahead for XRP?
🚀 Signs of Recovery?: Could Ripple turn the tide with new partnerships, groundbreaking tech, or legal wins?
💰 Opportunities for Investors: Is this dip a golden chance for long-term players, or should caution prevail?
💬 We want to hear from you!
What’s your take on XRP’s future? Will Ripple rise again, or is it time to explore other options? Drop your thoughts and predictions in the comments!
✨ Let’s spark the conversation. Your insights matter!