XRPUST trade ideas
Rising Wedge (2H) - Wait for confirmationHi there,
This is my updated analysis on XRP, I believe the price is forming another rising wedge in this small bull flag, I believe this is the last wedge we'll see before attempting to break ATH.
I believe the price could re-attempt the pennants resistance which would be $2.43-$2.44 where I think it'll be rejected. I think this would be a good idea for a short entry around this area. The broken wedge would then break down upon rejection heading for $2.19-$2.22. Price could also wick lower down towards $2.08.
Please bare in mind that there could be chance of more rising wedges forming on price decreasing as we're in a bull-flag, it's normal.
Conspiracy side: CTO @ Ripples recent tweet showing direction. Coincidentally after this post the price dropped significantly, the next arrow shows more sideways down movement then sideways movement to which it eventually goes up.
Brad Garlinghouse also met with Trump this evening which could signal there is potential deals being made behind the scenes.
Confirmation will be a bounce from the white resistance line that I have drawn to the support level also identified in white. A bounce from the support would signify that this pattern is in play. Trade with care.
Patience is rewarded.
DO NOT enter until there is confirmation.
I am looking for entries around $2.19/$2.22 or $1.96/$2.08 - a big area to cover but who knows when a breakout is imminent.
Thank you for taking time to view my analysis, feedback is greatly appreciated.
XRP Need Some Extra LiqsAs you can see in the chart;
RSI Divergency and also some liq levels that haven't taken yet
xrp long , bullish xrp has become one of the best performing cryptos this bull run . BTC has just dumped creating panic , remember crypto is about emotions , so now we become greedy , and start buying for alt season, trade plan is in chart .
Inverted H&S (8H timeframe)Hi there,
Would anyone be able to confirm this pattern?
The exact same pattern is forming on CRYPTOCAP:BTC graph. It's more predominant on the 12H graph.
Could this be the breakout that we're looking for?
We need more time to confirm the pattern is at play and we would need a break above the neckline which is sat around $2.6. This would also mean a retest of the resistance at $2.49-$2.51 to which I believe will be broken which also means breaking out of the pennant.
If this is the case XRP could be looking at $4.9 by 21st January which is Trumps inauguration.
There is a lot of volume coming in the last few hours, please trade carefully.
I myself have taken losses due to the extreme volatility.
Thank you for taking the time to look at my post.
If anyone has any feedback/input please feel free to share, all insight is appreciated.
XRPUSDT 12H : Bullish guards FOR AltcoinsHello, good afternoon
We are trying to have daily analyses again. First, XRP is popular these days. I have identified two movement paths that I think are more bullish. Let's not forget that the dominance of altcoins has taken a downward trend on its left.
SecondChanceCrypto
⏰ 7/Jan /25
⛔️DYOR
Always do your research.
If you have any questions, you can write them in the comments below and I will answer them.
And please don't forget to support this idea with your likes and comments.
XRP Targets!COINEX:XRPUSDT The price is fluctuating in the range of $1.9 to $2.5.
Having passed the resistance of $2.5, we have targets of $4.7 and $12.
If it reaches $12, we probably have a longer price correction that can pull back to $2.5.
After this long correction, the target of $105 to $133 will be activated.
If $1.9 is broken, there is a possibility of seeing prices of $1.2 or $0.7.
Don't forget to boost, follow and comment.
Ali Rezaei
can this be the Ultimate movement for Ripple?BINANCE:XRPUSDT
if we put elliot waves on Ripple's chart, we can understand that the price is in the 3rd elliot wave!
cause the past 2 movement has been completed.
I expect that XRP would reach 5$ in mid term so here is what I think the movement would be!
⚠️ Disclaimer:
This is not financial advice. Always manage your risks and trade responsibly.
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XRPUSDT Next Targets $10?XRPUSDT Technical analysis update
XRPUSDT has surged over 475% from its previous bottom on the daily chart. Currently, the price has formed a bullish flag pattern above the strong resistance level of 1.95. A breakout of this pattern, accompanied by high trading volume, could trigger a strong bullish move, with potential targets in the $5.00–$10.00 range.
XRPUSDT 1DXRP ~ 1D
#XRP Form a bullish Flag on the 1D Time Frame, Buy after successfully breaking through the resistance of this pattern.
XRP → Consolidation before the breakout and rally ↑BINANCE:XRPUSDT has been in consolidation for a little over a month after a strong rally and this is a good sign indicating that there is still strength in the market. And as we know, consolidation at some point turns into distribution
The symmetrical triangle in our case has the character of a consolidation pattern, the purpose of which is the continuation of the trend. Buyers are aggressively defending the support zone, forming a cascade of levels. But more remarkable concerning the pattern is the consolidation 2.5 - 2.337, which is formed near the triangle resistance. Consequently, we can assume that the market is accumulating strength to break the resistance.
Fundamentally, the project has very good prospects after a long and protracted winter. Trump's victory and the changes provoked by him have a favorable impact on Ripple.
Resistance levels: 2.5, 2.73, 3.05
Support levels: 2.337, 2.2, 2.00
Accordingly, the realization phase will start after breaking the resistance of 2.5. Thus, we can assume that the exit from the accumulation will be upward, which can also be helped by a bullish and growing bitcoin.
Regards R. Linda!
XRP/USDT Bullish Pennant Formation in ProgressThe chart illustrates a textbook Bullish Pennant pattern, suggesting the potential for upward price movement. Currently, the price action is encountering resistance near the upper trendline, indicating that a breakout may require additional consolidation.
Key Observations
1. The pennant formation remains structurally intact, with the price consolidating within a narrowing range.
2. A confirmed breakout above the upper trendline is essential to validate the bullish thesis and initiate a sustainable upward move.
3. Upon a successful breakout, the projected target lies between $2.80 and $3.00, aligning with historical resistance levels.
Strategic Implications
Patience and discipline are paramount. Monitor closely for a decisive breakout with strong volume confirmation. Until then, be prepared for further consolidation or a potential retest of the lower trendline as the market gathers momentum.
All things looking bullish for XRP Trump+Alt Season+Gary ResignsPattern Recognition:
The chart identifies a "Flag" pattern, which is a continuation pattern indicating a pause in the uptrend before resuming. The flagpole represents the initial strong upward move, followed by consolidation within the flag pattern, and then a breakout.
Ichimoku Cloud:
Kijun-sen (Blue Line): This line represents the baseline and is calculated as the average of the highest high and lowest low over the past 26 periods.
Tenkan-sen (Red Line) : This line is the conversion line, calculated as the average of the highest high and lowest low over the past 9 periods.
Senkou Span A (Green Line) : Part of the future cloud, calculated as the average of the Tenkan-sen and Kijun-sen, plotted 26 periods ahead.
Senkou Span B (Orange Line) : The other part of the future cloud, calculated as the average of the highest high and lowest low over the past 52 periods, plotted 26 periods ahead.
Chikou Span (Purple Line) : The lagging line, which is the current closing price plotted 26 periods back.
Cloud Interpretation:
The price breaking above the cloud (Kumo) is generally a bullish signal. The cloud represents support and resistance levels.
If the price is above the cloud, it indicates a bullish trend. If it's within the cloud, it's a consolidation phase, and if below, it's bearish.
Breakout:
The price has broken out of the flag pattern upwards, which is confirmed by the breakout label. This breakout should be viewed in the context of the Ichimoku cloud.
Volume Analysis:
Volume spikes during the breakout phase can confirm the strength of the move. High volume on the breakout specifically on the Daily chart suggests strong buying interest.
Tenkan-sen and Kijun-sen:
When Tenkan-sen crosses above Kijun-sen, it's a bullish signal (golden cross). Conversely, a cross below is bearish (death cross).
Technical Analysis Summary:
Trend: The overall trend appears bullish, with the price breaking out of a flag pattern and moving above the Ichimoku cloud. This suggests strong momentum.
Ichimoku Signals:
Bullish Signals: The price above the cloud, Tenkan-sen above Kijun-sen, and Chikou Span above past price action suggest bullish momentum.
Resistance and Support: The cloud now acts as a dynamic support level. If the price dips into the cloud, it might find support there.
Potential Targets:
Using the flag pattern's flagpole length for projection, the price could aim for higher levels. However, the Ichimoku system doesn't provide exact price targets but guides on trend direction and momentum.
Risks:
A failure to sustain above the cloud could lead to a pullback into the cloud or even below, indicating a potential trend reversal or correction.
Strategy:
Entry: For traders using Ichimoku, entering on a bullish breakout above the cloud with additional confirmation from other indicators (like volume) could be considered. Alternatively, waiting for a pullback to the cloud or Kijun-sen for a safer entry might be prudent.
Stop Loss: Placing a stop loss below the cloud or significant support levels within the flag pattern can manage risk.
Take Profit:
This could be based on the projected move from the flagpole or where the price encounters next resistance, possibly where the future cloud might be. More or less it depends very much on ones own strategy.
Conclusion:
The chart with the Ichimoku indicator suggests a strong bullish outlook for XRP/USD, with the price currently above the cloud and a breakout from a flag pattern. However, traders should watch for potential pullbacks to key Ichimoku levels for optimal entry points and risk management. Always consider broader market conditions and any news or events that might impact cryptocurrency prices.
XRP - Updated ChartHere is an update from our last post:
So far XRP is still struggling to get above that upper green line of our triangle pattern. Therefore, if price cannot break above most likely price will revisit our lower green trendline for support. This could range anywhere between $2.00-$2.20.
But if price can successful breakout and flip our upper green line into a level of new support then the $2.90 level is the first breakout target.
Most likely the breakout or test of our support will be determined by what BTC decides to do in the short term. If BTC can continue to hold above $100k then XRP has a high likelihood of breaking out, but if BTC gets rejected then most likely XRP will fall to that lower trendline.
XRP Bears and Bulls Clash Near Crucial Support ZonesBINANCE:XRPUSDT has seen modest fluctuations on the 1-hour chart, with price movements suggesting a phase of consolidation. Resistance is evident near 2.4072, with additional levels at 2.4142 and 2.4189 potentially capping upward momentum. On the downside, 2.3886 serves as the nearest support, followed by 2.3841 and 2.3797 as critical levels.
The 9 EMA is slightly below the 20 EMA, reflecting mild bearish pressure in the short term. However, the divergence is minimal, indicating that the price could swing in either direction depending on market sentiment. A crossover above the 20 EMA could signal bullish momentum, providing an opportunity for long trades targeting the 2.4072 resistance level.
The MACD remains in bearish territory with a negative histogram, suggesting that selling momentum persists but is gradually waning. Meanwhile, the RSI hovers near the neutral 50 level, oscillating between oversold and overbought zones. A breakout in either direction will likely dictate the next significant price move.
For long positions, a sustained breakout above 2.4072, confirmed by a MACD crossover and RSI moving into bullish territory, could pave the way for targets near 2.4142 or 2.4189. Conversely, if the price falls below 2.3886, short traders may aim for 2.3841 and possibly 2.3797, with stop losses placed around 2.4072 to manage risk.
XRP - 1D Elliott Wave AnalysisGreetings, this is my back-up count for XRP in case of a breakdown of the Elliott Wave Triangle which was discusses in the previous analysis. I'd highly recommend reading the primary analysis first which is linked below as a note!
In case the Elliott Wave Triangle doesn't play out and we enter a deeper correction in which we'd assume that the green Wave 4 is an ABC or WXY instead.
The Wave 4 support sits between the 0.236 FIB at 1.8021 USD and the 0.618 FIB at 0.8301 USD even tho we would prefer to not drop below the 0.5 FIB at 1.0547 USD.
We assume that the red Wave A and B or W and X are already finished and we are working on red Wave C or Y.
The targets for this red Wave C or Y are the 1 to 1 FIB at 1.7817 USD. the 1.236 FIB at 1.6113 USD, the 1.38 FIB at 1.5154 USD and the 1.618 FIB at 1.3693 USD.
Noteworthy is that the 1 to 1 FIB target for the red C/Y Wave at 1.7817 USD sits close to the 0.236 FIB at 1.8021 USD of the green Wave 4 support area which could function as first support for a bounce which would either start the move up in green Wave 5 or start a new corrective move to extent the correction.
Additionally the 1.618 FIB at 1.3693 USD which is the optimal target for the red Wave C/Y sits around the 0.382 FIB at 1.3400 USD of the green Wave 4 support area which is the optimal target for a correction in a Wave 4.
Thanks for reading.
NO FINANCIAL ADVICE.
XRP/USDT Analysis UpdateAs expected, XRP has been transitioning from the correction phase to setting up for the next impulse move. The recent upward momentum, coupled with higher volume, confirms the correction phase may be nearing its end.
📌 Key Observations:
1️⃣ Demand Zone: The recent move has created a demand zone and left an imbalance below, which price could revisit.
2️⃣ Two Scenarios Ahead:
Scenario 1: Price consolidates in the current range before pushing higher, supported by strong volume.
Scenario 2: Price briefly dips to mitigate the demand zone and fill the imbalance, then resumes its upward trend.
🎯 Targets:
Short-Term: $3 remains the immediate target for traders.
Long-Term: Fundamentals suggest room for much higher levels in the coming weeks.
With the market positioning itself for the next impulse, this could be a prime opportunity to prepare for a breakout. Stay patient and watch the key levels closely! 🔥
H&S - 45 minute timeframeHi there,
I believe what is a H&S is currently being formed on the 15 minute, 30 minute and 45 minute timeframe. To confirm the head and shoulders pattern the price must retract down to $2.315 and then proceed to break down the neckline. A confirmation below $2.315 would signify the pattern is in play. If the pattern does form and breaks down we could be looking at $2.16-$2.22 price range. This would be perfect especially for the next rally where I hope we break ATH.
If you have any feedback on my analysis it would be greatly appreciated, I'm curious to see what the community thinks of this idea.
NFA
Thank you! :)
XRP - Will it lead to a masssssivvveeeeee??? What?XRPUSDT - You won't want it to reach monthly lows, The FAT big yellow box shows major buyers attraction, if it cant defend this, would short to death to the red arrows marked. ideally expect some small scalps overall. Some can short from the point of green box as well, For me still a No-No
XRP Long to 6.66Observing the fractal pattern on XRP, we see a potential setup similar to AVAX's previous price action.
The price seems ready to expand soon and is likely to dip into the orange demand zone, creating a buying opportunity. The demand zone is crucial, much like it was on AVAX's chart before its massive move upward.
Entry Zone : Look for a dip into the orange demand zone around $2.21 - $2.41.
Target: $6.66 – A potential long-term target based on the fractal comparison with AVAX.
Key points:
The price structure shows a similar pattern of consolidation before a major price breakout.
Timing will be critical as we expect the price to dip into the demand zone before moving up.
Stay vigilant for entry confirmation within the demand zone.
If this fractal plays out as expected, XRP could see significant upside potential, following a path similar to AVAX's recent price action.
Keep your eyes on XRPRipple ( XRP ) has been completing a contracting triangle pattern for the past 33 days, which could likely see a 20-25% increase if this pattern breaks to the upside, keep your eyes on it.
XRP: A new high is coming! Keep an Eye on XRP
Now is the time to watch XRP. If the price breaks to the upside, we could see a significant move that might take it above $3.
Trading Setup
If you’re considering trading XRP, here’s a quick setup that may help you.
The idea is: Buy when the price breaks above $2.51 and take profits at the levels shown in the chart.
Targets:
1. $2.6
2. $2.68
3. $2.8
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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!
