J-xrp
XRP - Rainbow After The Storm 🌪🌈Hello TradingView Family / Fellow Traders,
📉 XRP has been overall bearish trading inside the falling channel in red.
However it is currently hovering the lower bound of the channel and a strong support at 0.5.
As long as the support 0.465 holds, we will be looking for short-term buy setups on lower timeframes.
📈 For the bulls to take over from a short-term perspective, we need a break above the last minor high at 0.55.
🏹 And then for the bulls remain in control and take over from a medium-term perspective, we need a break above the upper red trendline and last major high at 0.6.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
XRP may attempt to make a move to the .6239 level.XRP has of late been lagging behind many other popular cryptocurrencies, which has disheartened many long-term investors, causing them to abandon the XRP ship they've long treasured. I hold and am still adding to a long-term position that I will likely hold for many years to come, even though I am generally more of a day/swing trader than I am a long-term investor. But the charts do seem to now be showing the potential for a move to around the $0.6239 level.
XRP is one of those cryptos that likes to drag its feet until nobody is paying attention, then it makes a sudden, massive and unexpected move. Right now, with sentiment turning from positive obsession to sheer and utter frustration, in my opinion, could quickly turn into one of those times when XRP just kicks the doors off the charts and makes a large move very quickly!
Even though I'm bearish at this point overall, as a trader, I always keep my eyes open for potential profitable trades. Traders must be flexible and malleable to be successful, as trends tend to pop up out of nowhere and/or reverse on a dime. Not being willing to ditch an old idea, theory, or strategy and embrace change will keep you watching rather than participating.
Good luck, and always use a stop!
XRP WILL DROP 63% IN THE NEXT 45 TO 60 DAYS! Everyone is expecting the Bitcoin EFT to jolt crypto prices to the moon. This simply isn't going to happen. The mainstream media, and stock pundits have been extremely bullish about it, which is a sure sign that they are positioned, or positioning for the inevitable crash to come.
You can see the fractal pattern clearly in the charts, although exact ending price points, and turnaround dates of any massive drive are virtually impossible to calculate.
In my estimation, XRP will drop approximately 63% in the next 45 to 60 days.
Many look at this as a bad thing, but it is what it is. Align your trades and crypto purchases with the Market Maker's, and you will always be in the green. These moves are no accident, they are created by hedge funds like Black Rock, Vanguard and State Street to profit from. They have multi-billions of dollars at their disposal, and going against them is suicide!
I expect a small rally tonight or tomorrow as the last few straggler's position for what they think is going to be a breakout. They will most likely even throw a green breakout candle above the trend line to trigger the massive amount of buy orders in that area. Once triggered, the market will reverse and begin it's decent into red-candle-hell.
I'll be placing a short position today, and adding to it on any price gains heading into tomorrow.
Good luck!
XRPUSDT → A favorable prospect within the uptrendBINANCE:XRPUSDT is testing trend support after exiting the triangle. Traders' interest in Ripple continues to grow on the unstable fundamental background
On W1 we see a formed bottom, the bulls do not let the price to this area, continuing to cumulate the potential within the framework of gradually rising prices. An uptrend continues to form on the chart, but globally, Ripple is squeezed under strong trend resistance.
On D1, price is testing support and one of the key liquidity areas. There is a chance that price could still test 0.493 in a false breakout format before further upside, but even at current price positions, the market has good potential for further upside to 0.7325.
Support levels: 0.493, 0.420, trend support
Resistance levels: 0.585, 0.648, 0.7325
Since the price movement is limited by a number of reasons both fundamentally and technically by the range boundaries, it is highly likely that the XRP movement will continue from support to resistance
Regards R. Linda!
Ripple can decline a little more, after which back up to rangeHello traders, I want share with you my opinion about XRPUSDT. Observing the chart, we can see that the price some days ago price rebounded from the resistance line and started to decline near this line to the 0.5400 resistance level, which coincided with the seller zone. After the price fell to this level, it made a fake breakout of 0.5400 level, after which it turned around and in a short time rose to the resistance line. Then price bounced from this line and made a downward impulse to the support level, thereby breaking the resistance level one more time. Also, XRP started to trades in the range, where soon the price bounced from the 0.5020 support level, which coincided with the buyer zone and started to rise to the top part of the range. When Ripple reached the top part, which coincided with the resistance level, it at once rebounded and in a short time declined to the support level. But a not long time ago, the price bounced from this level and started to rise, but failed and soon declined lower than the support level. So, in my mind, Ripple can decline a little more, after which it turns around and back up to range. After this, the price will make retest and continue to rise. For this case, I set my target at the 0.5200 level. Please share this idea with your friends and click Boost 🚀
XRP/USDT ascending channel what next? 🚀XRP Analysis💎 Paradisers, it's time to focus on XRPUSDT, as it's currently presenting an interesting pattern with two potential outcomes.
💎 We've noticed #XRP adhering to an ascending channel trajectory. However, currently, there's a shift with the price breaking below the support at $0.5394 within the channel. This suggests that after a possible retest, we might see the price embark on a downward journey, potentially leading to further dips.
💎 On the flip side, should #ripple regain its momentum and continue its ascent, the next target could be pushing beyond the channel's upper resistance.
HelenP. I Ripple will little correct and then continue move upHi folks today I'm prepared for you Ripple analytics. If we look at the chart we can see how the price rebounded from the 0.5900 resistance level, which coincided with the resistance zone and started to rise. A few moments later XRP rose to 0.6590 points, and then turned around and fell to the trend line, after which made an impulse down, breaking the 0.5900 resistance level. Then price fell until to the support level, which coincided with the support zone, after which Riplle at once rebounded and tried to back up to the resistance zone. XRP did this, but soon it turned around and started to decline near the trend line, making a fake breakout of 0.5900 level. Later price declined to 0.5080 support level, breaking the trend line, but a not long time ago, it rebounded and rose higher than this line, breaking it again. Now, the price continued to move up and I think Ripple will make a small correction, after which the price turn around and continue to grow. Therefore I set my target at the 0.5650 level. If you like my analytics you may support me with your like/comment ❤️
BITCOIN SELL TO $12,000📉In the Crypto Fund we hold a bearish bias on the Crypto market overall for our investors, including on BTC. On this retracement back up, we’ve capitalised on several buy positions & cashed in profit💰 Now time for the move back down!
⭕️Wave 4 Complete, Wave 5 Pending.
⭕️3 Sub-Waves (A,B,C) Complete.
⭕️Bullish Momentum Slowing Down.
⭕️BTC ETF Negative For Growth.
Weekly Ascending ChannelIn the weekly timeframe for Ripple, a distinct ascending channel is observed where the price fluctuates. Responses to resistance area (orange box) and support area (blue box) can be significant turning points in determining the price trend. Currently, XRP is in a correction phase and, if bullish patterns are observed in these areas, an upward trend is expected to continue.
🔥 XRP'S WEEKLY UPDATE 🔥🔥 Hey! Thanks for stopping by! Appreciate it as always, this should be a quick update and all.
🔥 Before we get started the link and chart of the previous idea is linked below, simply click on the chart and she idea should pop up.
🔥 That being said we did expect a possible further drop if we we're to fail to regained and break back above 0.55. Now looking back we can see that did happen and we promptly got pulled back down into our descending channel. I've extended the channel from the previous idea in blue lines to highlight the new section, it's the same as the previous, simply extended.
🔥 Anyway it's a good thing we had those horizontal level's, can see just how much of an impact those horizontal levels played from that tug a war that happened between the 23rd and 25th at the 0.51 cent level before we slipped down.
🔥 Buyers did pull through though managing to keep us above 0.492 for the lowest dip of the week and above 0.50 by which then we did get that pull back up and broke out from the descending chanenl to break the 0.51 level and that pushed us till 0.539 where we hit another resistance level.
🔥 This sounds simply and all, but simply and dumb as this may sound sometimes, that's simply as it is, the levels do the job pretty well alongside the 200 EMA, it's simply about watching them and seeing whether or not we stay above or fall below one level and understanding that from below that becomes resistance and above it becomes support to put it simple.
🔥 So we've had that happen and Bitcoin's managed to regain some of the losses over the past 2 weeks managing to pull up 5.87% this week and reestablish ground above $40,000. The ground feels to be thawing but it's not quite done just yet. Definitely feel free to add any alerts at these levels as we already know they do the deed. I have to go but wanted to give a quick follow up for you guys, hope everything is going well and keep tuned till next!
~ Rock '
Gemini's XRP Listing Signals Revival: XRP sojourn Beyond Hurdles
The cryptocurrency market has been abuzz with excitement as Gemini, the renowned exchange founded by the Winklevoss brothers, recently announced the listing of new CRYPTOCAP:XRP pairs on its platform. The move comes as a testament to the growing interest in the Ripple-associated ecosystem, showcasing resilience in the face of regulatory challenges that once hindered XRP's presence on major trading platforms.
The Regulatory Odyssey:
The journey for CRYPTOCAP:XRP has been fraught with regulatory hurdles, most notably the lawsuit from the United States Securities and Exchange Commission (SEC) against Ripple Labs Inc. In 2020, the SEC alleged that Ripple sold XRP as investment contracts, leading to the token's delisting from various platforms. The legal battle created a cloud of uncertainty for XRP, but a pivotal moment arrived in July 2023 when Judge Analisa Torres ruled that the token is not a security, marking a turning point for XRP listings.
The Domino Effect of Relisting:
Following the positive regulatory development, major exchanges started to revisit their stance on $XRP. Coinbase led the way by relisting the token, citing that trading would resume once liquidity conditions were met. Subsequently, Binance U.S., Kraken, Crypto.com, and now Gemini joined the bandwagon, relisting CRYPTOCAP:XRP and offering various trading pairs, including USD, GBP, EUR, CAD, SGD, HKD, and AUD.
Gemini's CRYPTOCAP:XRP Perpetuals Listing:
Gemini's recent move to list $XRP/GUSD perpetual contracts signifies a continued trend of CRYPTOCAP:XRP relisting across exchanges. This development allows Gemini users in over 30 countries to leverage the new CRYPTOCAP:XRP pairs for managing risk, generating returns, and gaining directional exposure. The inclusion of CRYPTOCAP:XRP on Gemini's platform adds another layer of legitimacy to the cryptocurrency, opening up new avenues for investors and enthusiasts alike.
Market Response and Future Outlook:
In the wake of Gemini's announcement, CRYPTOCAP:XRP has experienced a significant price gain, currently trading at $0.52, reflecting a 1.67% increase in the past 24 hours. The market sentiment is optimistic, with expectations of a parabolic price rally set to commence in February. This resurgence in CRYPTOCAP:XRP 's value highlights the potential for continued growth and stability in the Ripple ecosystem, emphasizing the importance of regulatory clarity for the broader cryptocurrency market.
Conclusion:
Gemini's decision to list new CRYPTOCAP:XRP pairs is a pivotal moment in the ongoing saga of regulatory challenges faced by Ripple and its associated token. The move not only reflects growing confidence in CRYPTOCAP:XRP 's compliance with regulatory standards but also signals a broader acceptance of the cryptocurrency within the industry. As CRYPTOCAP:XRP continues to overcome obstacles, its resurgence on major exchanges points towards a promising future, with investors eagerly anticipating further developments in the coming weeks.
#XRPIn a bearish structure in time h1 and h2, if the red box does not have the ability not to exit the bearish structure, you can enter a sell position with one or more confirmation candles up to the specified areas of the green boxes. But if the red box breaks upwards, it will be able to move to the resistance zone. Therefore, in the event of a zone break, you can enter the reverse position.
XRP is breaking out of the wedge pattern, but...XRP is making a nice move northward breaking out of the wedge pattern it is currently in, but how long it will last remains to be seen. The indicators seem to indicate it's going to run out of steam in no time. Is it a bull-trap? We're about to find out!
RIPPLE - Price can break support level in falling channelHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
Some days ago price entered to falt, where it first made fake breakout of $0.6000 level and then backed up.
In flat price later rose to top part and then turned around and made strong downward impulse to $0.5000 level.
Thereby XRP broke $0.6000 level and exited from flat, after which the price bounced up from the support level and try back up.
Price failed and some time traded near $0.6000 level, and later XRP made fake breakout of this level and entered to falling channel.
In channel Ripple declined back to support level and a not long time ago price bounced up to resistance line.
Now, I think Ripple can bounce from this line to $0.4685, thereby breaking support level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Bitcoin Cats 1CAT Is About To Go ParabolicChart looks really bullish. Selling is done for now it seems. People are buying this up and the rumor or Binance listing may be quite bullish for this token. This is very popular in Asian countries. Watch Youtube vids from Asia on this token with Auto translate CC on. I can this hitting its all time high fairly quickly and begin its real parabolic run. This is not financial advice this is just my opinion. Thank you
Will XRP experience an epic PUMP, or an epic DUMP?The chart isn't really that clear right now, and could go either way. There's an argument that there's still a ton of room to the downside/about to fall off a cliff. And, there's also an argument that XRP is about to bounce like a kid jumping off the roof on to a trampoline.
What do you think?
📉 THE FALL. WHAT HAPPENED? 📉📉 Hi, sure you guys are busy and all so I'll keep this idea short and yet important as usual, thanks for tuning in of course. Really do appreciate it as always.
📉 Seems XRP has been dragged down alongside Bitcoin and the rest of the market in a sort of 'buy the rumors, sell the news' event. It's nothing crazy considering we've seen this happen many times before but to see this kind off fall still is never easy to take in.
📉 In my previous idea I added this new descending channel that I had seen form and I did point out that we may end up getting rejected and dragged down further thanks to that channel which is exactly what's happened basically. If you compare the chart below from the previous idea to what we've got currently you can see that's indeed been the case.
📉 And here is the descending channel extended on the 30 minute timeframe:
📉 Anyway with us having been dragged down thanks to the channel and failing to regain our 200 EMA that helped clear the path for bears to drag us further down and ultimately break below our support of 0.56 and 0.55 which saw us even hit 0.526 at one point breaking through our horizontal levels down below as depicted:
📉 So it's not exactly like we've had any bad news but we haven't had any good news either and the fall was only intensified in due part to even more liquidations being executed as Bitcoin dropped out of the 45k point to the $41-42,000 range where it's fighting right now. This alongside the SEC v Ripple case still ongoing with a further developments of which can be read below in the linked article:
www.fxempire.com
📉 Investors are basically at a 'not sure' point from what I can tell right now, first thing is that we've been fighting to break back above 0.55 since our fall below thanks again to the descending channel so whether or not we can regain that will simply have to be seen but if we can't then expect a further drop and please pay mind to my horizontal levels in my charts. I haven't added any new levels in a few week and they still do the job just fine, here's more of the levels further below in case you guys would like to add them to your own charts.
📉 I'm leaving the idea there, good news is that we have indeed exited our descending channel so we don't have to worry as much right now with falling down further but the chance is still there, especially as investors grapple with Bitcoin's fall the past couple days since the ETF filings so we're on thin ice right now. I'm sitting and letting the river flow, setting an alert for 0.54 and 0.53 in case we do slip further down should we not regain that 200 EMA.
📉 Leaving the idea there for now but just know that whatever happens over the next few days will mainly be thanks to Bitcoin and XRP is simply going in flow with bitcoin much like the rest of the market is overall, we're use to this we've been here time and time again, and just like we've been here we'll manage and get through things and persevere. All that matters is how much will one has. Thanks for coming by as always, will definitely try to post more this month and ahead, so please keep tuned and feel free to follow and leave a like, really helps me out with these ideas, thanks so much and all the best till then.
~ Rock '
Ascending ChannelRipple is positioned within an ascending channel.
As observed, a minor downtrend line has been established within this channel.
Considering the robust support at the bottom of the channel, should the downtrend line be breached, Ripple is likely to undergo a substantial increase.
(All analyses will be updated)
This analysis is informational, not financial advice. Good luck!
XRP - The Genesis of the Crypto Bull Market Takes Shape...Recent Analysis Suggests a Wave D Scenario Since March 2021, Indicating a Potential Breakout from the Current Range. These Developments Hint at Possible Culmination of Wave 2 Correction, Marking the Onset of a Significant Bull Market in 2025, Following a Projected Major Correction in Stock Markets, Potentially Resulting in Lower Rates and Continued QE Programs.
Additionally, Enhanced Bullish Count for Bitcoin and XLM to be Posted Soon.