update XRPstill valid for ABC correction any day now as it stands we are following c-wave down if the market flips up abc will be invalidated
XRPWPLS_331B71.USD trade ideas
XRP in positive consolidationXRP is consolidating as it tests key support levels. I created a bullish wedge at the beginning of December, and XRP broke above and below the wedge. On December 18, XRP broke below the upward trendline, signaling a price correction or a consolidation period that might drag out longer than expected. The On Balance Volume (OBV) shows that XRP faces high buying pressure, signaling positive sentiment to push XRP to resistance levels. The Chaikin Money Flow (CMF) shows that XRP spiked in buying pressure today at 0.43 (OBV) above the zero line, locking in positions that will keep XRP in the fight to consolidate around a price average of $2.42.I posted a Fib Retracement to indicate a buying zone if XRP breaks below support levels.
Fundamental analysis - In this idea, I'm looking at a more volume-based analysis for XRP because its exposure has been rocketing lately, bringing in new partnerships, institutions, and retail. The market has been bearish lately with its recent nose dive, but XRP looks to be handling it well.
Resistance - $2.90
Support - $1.70
Chart - 12hr
What will I be doing? Dollar-cost average.
Fear and Greed Index (CoinMarketCap) - Neutral 59
Bullish predictionMy main concern are the events that'll happen towards the end of January and all the way to April. I'm currently buying due to TA but as long as the events of 2018 do not repeat I'm strong on a buy. If they do repeat I am doing a hard sell left and right!
XRPUSD: Key Support Levels in FocusHello,
BITSTAMP:XRPUSD has performed better than anticipated, but a downside move towards the 1M PP remains likely. However, if the 1W support structure holds firm, it could signal confirmation for potential further upside.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
Another Possible MovementThis is another possible movement of XRP in the near future , including possible bearish dump
Support/ resistance at $2.60Looks like it rebounded off a good level of support the next obstacle is $2.60
The XRP Movement based on Historical MovementBased on my own experience on trading on XRP, I believe this will be the future movement.
symmetrical triangle ?The symmetrical triangle is identified by two trendlines: a descending upper trendline connecting lower highs and an ascending lower trendline connecting higher lows.
These trendlines converge toward a single point, known as the apex.
The breakout typically occurs before the pattern reaches the apex, often between 50% and 75% of the way through the triangle's formation.
The expected price movement after the breakout is estimated by measuring the triangle's height at its widest point and projecting this distance in the direction of the breakout.
The symmetrical triangle pattern is a powerful tool for traders. When combined with thorough analysis and risk management, it offers valuable insights into potential breakout points and price targets.
$XRP on repeatMARKETSCOM:RIPPLE has hit the box at position 2. It seems, especially with what Bitcoin is currently doing, that we have completed our correction.
In my chart about bitcoin I show that we are currently very close to a supply zone that is quite important whether we are going to rise or fall.
Depending on that and if history repeats itself, we can go to an extended fib 1.618 first. Possibly around 3.70. For now, MARKETSCOM:BITCOIN is in charge and we'll listen to what it has to say.
Be kind to the world and each other!
XRP LONG TO ATHs! Ripple XRPUSD RLUSD XRP is Bullish to $4 at the very minimum. We successfully completed our retrace down to $1.95 to the dot. Expecting that to be our final support area and to start seeing consolidation, and upwards momentum. Media hype hasn't started yet, BTC is losing market dominance similar to 2017 2018. We are on the verge of another Diamond Hands bull run. Make sure to take some profits when emotions are hitting super dopamine levels of euphoria. The final pump happens fast and retraces even faster. The volatility will be insane.
Well keep tabs on this as the weeks go by. Good luck you beauties!
SHORT TERM XRP PRICE BEARISH TO $1.95 AREASHORT XRPUSD
TP1: $2.00
TP2:$1.95
Watch for support around $1.95 PRIOR to breaks of all time highs ($3.49)
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Massive Inverse Head & Shoulders Pattern FormingMassive Inverse Head & Shoulders Pattern Forming on the 4h. Breaking above the Neckline would confirm this pattern which could trigger a bullish reversal.
Resistance at 2.20 but the bounce off 200day was successful!Chart looks great if we are gonna bounce up and keep going! The want retailers to give up but we are still strong!
Chart look great just be careful if we see 2.30-2.35, let’s consider flying back up if not we can go down to test 1.50 levels. Let’s go investors and Traders! Time to finish this year with a bang into next year. XRP holders get ready!
Last chance to buy?This lower area has been touched by hammer candles, followed by nice jump.
It can happen again and this time we'll touch previous ATH.
Ripple must rest before +10$- update on this analysis:
- 5D timeframe presents several signs of overextension with the RSI reaching almost record highs meanwhile the 5D ATH close so far seems to be serious resistance
- it is unlikely Ripple is done with its rally overall but a consolidation similar to that in 2017 is expected
- once BTC is close to ATHs in 2025 (180 - 250k) it is very likely XRP will have it´s second leg higher that can take it to double digits
NFA! Don't Take Financial Advice from Degens on The Web!Three Flags... LFG. . Buy The Dip... Yum!!!!
What do you think.....?
NFA! Don't Take Financial Advice from Degens & Sh#tPosters The Web!
XRP BULLISH MOVE INCOMING???This is my analysis for XRP (potential bullish move incoming) obviously this is personal opinion let me know what you think in the comments and share your ideas BITSTAMP:XRPUSD
Monthly timeframe showed a break of a huge resistance level ( $1.96 ) on 01/12/24
Daily timeframe showed a bullish flag pattern
Looking closely at the Hourly timeframe the bullish flag pattern was broken (upward) price has come back down to the the flag which is also a support level (around $2.20 ). Price broke below this level 3 between 09/12/24 & 10/12/24 but came straight back above indicating 3 failed attempts to break support. This suggests we have more buyers at this level then sellers)
My personal opinion is a continuation in the bullish trend the past week or so we've been bouncing up and down but for me all signs point bullish for the next move.
Let me know what you think in the comments would love to bounce some ideas off of you wether you're bullish or bearish, everyones eye for the charts are different so we can all help each other ;)
No matter whatIt's my personal opinion.
I won't sell a penny of XRP.
No matter what will happen to BTC today and days after, XRP is a game-changer.
It'll defy BTC dominance in a way unheard of.
Let's see...
Run xrp Run!Lower area has been proved to be robust support.
Breaking above 2.7 will release the beast.
Trading in areas between the support and resistance is little bit adventurous!
