$589 XRP Bull PennantIf this measured move plays out:
IMO, in 24/25:
- Mid cycle $30 resistance @ 1.618FIB / $10 Correction in 2024
- press up to $589 in 2025.
XRPBULLUSD trade ideas
#XRP - I am not crazy probably before i start remember this is pure speculation!
so I missed my entry on the weekly ascending triangle by 1.5% approx
this was/is a solid breakout & I wanted to see more data, my 2$ target is still valid
now back to the chart in question, I zoomed out on bitstamp & we clearly have resistance coming up, simple question is will it break or reject? if this breaks out then sure my idea is invalid for now but if we do reject then what will be the best setup to add more or add fresh position on retrace????
i am looking at 2 setups at the moment
no. 1 is a possible cup & handle that might form on weekly/monthly chart
2nd setup is the ascending triangle now this both setups are BIG IF, IF the resistance rejects If the price comes back to support if that support hold so many if's!!! but IF this works out this will be a trade for retirement or coin you can pass it on to your kids
the simple way I am gonna trade this
I will use 1% of my trading portfolio like I have used with others like GRT, AKro etc
gonna divide them equally for both plan 0.5% -0.5%
this is a multiyear trade so don't expect to hit target by next week IF this plan works it will take 2025 for it to breakout & who knows how much longer to hit target
whatever it is it's gonna be fun to see how this pans out :D
Overextended in short termWeekly, 3D, and Daily indicators are getting over extended. Trend line resistance held the line. I anticipate flippers on a downtrend. Break over trend, this is invalidated.
My view for XRPThis is my view for XRP, the most hated and most loved crypto coin.
I saw it in my crystal ball.
XRP will soon be one dollar💯Hello
The crypto market is increasing day by day
Ripple is one of the oldest and stable currencies
My first goal is one dollar🎯
XRP set up for 2025Following Trump's election and the recent activities in crypto market, we look towards the new year with optimism. XRP has been a sleeping giant in the past cycle, but this time around things seem different. IMO, XRP will be one of the market drivers during 2025, in the idea shared, I've prepared a buy zone that can set up the stage for huge gains in the cycle to come. Despite the recent rally in price upwards, we can see correction to previous support zones.
This is not a financial advice.
Ripple´s mega macro breakout- almost a 7 year long consolidation that started with XRP´s top in 2018
- extremely clear symmetrical triangle with a target of 6+ dollars
- given XRP tends to have explosive price moves when it pumps it may be that this rally will happen very fast with little pullbacks to bid
A subtle channel breakout most people wont notice on xrpThis channel is a little sneaky as the majority of the key touches on the top trendline happened earl on in the beginning of the channel, the 3rd resistance of the top trendline of the channel is much more visible on the 4hr chart but I wanted to show it on the 1day chart to see the entire channel in the frame more easily. Rising channels breaking upward are always a good sign that we are starting to enter the parabolic phase of a bull market. Already well on its way to reaching this target. *not financial advice*
XRPUSD IS POISED FOR HIGHER PRICES.From the IPO of XRP back in 2013,It has risen in an uptrend from the lows of 0.00275 in July 5th 2014 to the highs of 3.3$ in January 5th 2018.This up move can be seen to be consisting on 5 waves hence the apparent Major Impulse.
A retracement ensued in 3 major corrective waves from 3.3$ in January 2018 to 0.11400 level as at 18th March 2020.This retracement to the downside retraced 50% of the initial Impulse (0.00275-3.3$) at the level of 0.11400. which coincided with the previous Fourth wave of the prior impulse wave. This retracement could be seen as a second wave Cycle retracement @50% level.
From 0.11440$ the uplift went to 1.96$ as at 21st April 2021,Then a 78.6% retracement in June 2022 to 0.28$.Since the its been working out itself in the consolidation printing higher highs and higher lows.
July 5th lows of 0.38 stands as the focal point of view in this current uplift.
XRPUSD AT MORE THAN 5 $ IS MORE THAN LIKLEY IN THIS COMING ALTCOIN SESSION.
XRP is gonna explode from multi-year consolidation!!XRP to the Stars! 🚀
With SEC drama fading, XRP's set for a cosmic price surge! 🌙 Buckle up, it's going to be a wild ride! 📈
XRP has shown strong signs of a potential breakout, driven by positive developments in the ongoing SEC lawsuit against Ripple and increased market momentum.
XRPUSD - Another Bear Market Rally According To This...This pattern closely resembles the XLM count and can also be seen as an alternative count for XLM.
Here, I'll explain the reasoning behind my belief that XRP is unlikely to surpass its all-time highs in this current move.
Any analysis predicting otherwise is likely driven by either optimism or Elliott Wave theories. As with all good things, significant progress requires patience.
This perspective should reassure you that there’s potentially more time to accumulate before the real surge happens.
Just because Bitcoin is on the rise doesn’t guarantee that every other crypto will follow suit. So far, XRP and XLM have clearly shown that they do not always align with Bitcoin's movements.
This is not financial advice.
XRPUSD has started the cyclical parabolic rally.XRP (XRPUSD) is having this week the strongest 1W candle since July 10 2023. The long-term pattern is a 6-year Triangle (since January 01 2018) and with the weekly rise, it is about to test its top (Lower Highs trend-line). The 1W MA50 (blue trend-line) is supporting this uptrend, which is technically the Cycle's Parabolic Rally.
In 1W RSI terms, the current price action appears to be similar with the March 20 2017 and November 2020 break-outs. Note also that as the 1W RSI broke into the overbought (>70.00) territory, this is technically the 1st of two tops, with the second (red circle) marking historically the Cycle's Top.
The Sine Waves catch very effectively the current RSI overbought High (green circle) so there is a remarkable frequency between the Cycles, which confirms that we are currently just starting the new rally.
We expect to test at least the 1.97500 April 2021 High.
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XRP Bullrun targets 2024-25XRP will epitomize the phrase "the longer the base; the higher in space" this bullrun. The SEC appeal in the Ripple case is "dead on arrival" to the court, and Gary Gensler is on his way out. The fun won't even start until XRP breaks ATH ($3.30). Expect it when you least expect it. XRP is NOT a security! Let's roll XRP! A $27 XRP would be an amazing end to the SEC drama.
XRP last runThe XRP community knows by now about the triangle breakout.
This fractal shows what happened in the 2017 bull run.
Could history repeat? Or will it take more time?
You think your geometry is enough?See bunch of posts showing a false breakout. ADX needs tripple bottom on the +DI for it to gain momentum for god candle to 165.
Ripple Is Breaking Bullish TriangleWe talked about Ripple with ticker XRPUSD back on September 12, where we mentioned and highlighted that a larger bullish triangle pattern in wave IV is coming to an end that we may see a bullish breakout for wave V.
As you can see today on November 15th, XRPUSD is breaking out of a larger bullish wave IV triangle pattern, which means that wave V can be already underway, especially if breaks 0.95 bullish confirmation level, just watch out on short-term pullbacks.
The reason why Ripple could extend higher is the upcoming launch of Ripple USD (RLUSD). Ripple USD (RLUSD) is a new stablecoin aimed at bridging blockchain and traditional finance. Designed for enterprise use, RLUSD focuses on stability, efficiency, and transparency, enhancing Ripple’s cross-border payments and meeting the demand for USD transactions.
XRPUSD Ripple vs SEC and Technical Analysis Weekly **Fundamental Description: XRP and SEC Lawsuit Update**
The ongoing SEC lawsuit against XRP has taken a significant turn as legal developments appear to favor Ripple. Adding to the optimism, there is speculation that if Donald Trump returns to office, SEC Chair Gary Gensler may face dismissal. This potential leadership change could bring a more crypto-friendly approach to regulatory policies, further boosting sentiment around XRP. Such developments, combined with Ripple’s growing use cases, strengthen the market’s confidence in XRP's long-term potential.
**Technical Analysis: XRP Price Action**
On the weekly chart, XRP has successfully passed the 0.786 Fibonacci retracement level from its all-time high, a notable bullish signal. However, the price is now testing the resistance at the July 2023 high. With two critical resistance levels in play, it’s prudent to wait for the weekly close to see how the price reacts. A clear breakout above these resistances could signal further upside, while rejection might indicate a period of consolidation. Patience is key as the market seeks direction.
$XRP Historic Breakout IncomingIn all the years I've been trading cryptocurrency, I've never encountered a bull flag that has been forming for a full seven years. Such a phenomenon is virtually unprecedented and could herald one of the most monumental and historically significant breakouts in the crypto market.
We may be standing on the threshold of an event that will not only attract the attention of the entire financial world, but may also set an entirely new development vector for the entire crypto industry. This pattern is already starting to break through, this could be the moment that changes everything, opening a new era in the world of digital assets.
XRP eyes on $0.8522: Golden sister of our bouncer may form a TopXRP rising with crypto tide has arrived at a Golden Genesis fib.
Golden fibs (1.618 exponents) are always strong contenders.
Especially true when the sister Golden was an exact bouncer.
$ 0.85220 is the Golden Genesis fib to watch.
$ 0.74683 is first (minor) support fib below.
$ 0.95756 is next above (drag down on price scale)
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Xrp - This Triangle Wil Double Your Money!Xrp ( BITSTAMP:XRPUSD ) is retesting a major confluence of support:
Click chart above to see the detailed analysis👆🏻
For a couple of years now, Xrp has been trading in a bullish symmetrical triangle pattern. As we are speaking, Xrp is retesting the lower support trendline and also a horizontal support level. It is quite likely, that we will eventually see a breakout above both triangle patterns on Xrp.
Levels to watch: $0.5, $0.6, $1.0
Keep your long term vision,
Philip (BasicTrading)
XRP - Bear Move In SightXPR, since it's positively correlated to BTC, is also about to tank hard. The bull run is almost over.
XRP weekly breakout - monster upside ahead?!The XRP weekly chart staged a crazy upward breakout through a longstanding triangle formation. The price exploded above the 200 week moving average, and now we can realistically start thinking about the height of that triangle formation to project price targets.
$3.00 looks a likely target using this sort of projection, and is conservatively well below the all time high around $3.8. Technically we now keenly await a golden cross on the weekly as confirmation of a bullish trend. The best thing about betting on a coin like XRP is its deep liquidity. XRP is not nearly as speculative as the GOATs (meme coin) of the world, yet ships with massive upside potential.
