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XRPUSD Perpetual ContractXX

XRPUSD Perpetual Contract

2.1841USDR
−0.1399−6.02%
As of today at 16:01 GMT
USD
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XRPUSD.P trade ideas

xrp call this a make or break stance. there are two points of interest to watch out for. they have been highlighted with purple triangles. the second one at 2.1$ seems to be much farther away from the current point of interest which price is currently testing. there are two ways to take advantage of this . i am adding the 15m chart to this because price is currently at tthe points of interest the circles highlights where price has to close above. before we validate this closest interest area. if it does. it may go further below to sweep liquidity before continuation of the move. im watching xrp closely, you should too
BLong
by meritB
XRP Price Update: Breakout or Fakeout?XRP is currently trading at $2.43 after breaking out of its falling wedge pattern, but there’s a twist it broke out with a red candle, which adds some uncertainty to the move. 1. Falling Wedge Breakout: **XRP just broke out of the wedge, a typically bullish signal, but the breakout candle closed red. This could mean the move isn’t gaining the momentum we’d expect at least not yet. 2. Resistance Ahead: **The next key level to watch is $2.90, which aligns with the projection of a potential upward spiral. However, the breakout’s strength is still in question. 3. Support Levels in Play: **If the breakout doesn’t hold, $2.00 or even $1.47 could act as critical support levels for a pullback before a stronger move. 4. Volume Watch: **Volume is still relatively low, which raises some doubts. A proper breakout usually comes with a significant volume spike. Keep an eye on how XRP behaves in the next few candles. A strong green candle with higher volume would confirm the breakout, while continued weakness could signal a false breakout and a pullback to lower levels. 💬 What do you think? Is XRP just catching its breath before a big move, or is this breakout losing steam? Let us know! 📊
C
by CryptocurrencyWatchGroup
XRP BuyXRP/USD Trade Idea Trade Type: Long (Buy) Potential Entry Zone: $2.25–$2.3 Rationale: This trade is based on a simple price action analysis, with potential support forming $2.2 - $2.3 level. Key Notes: The trade idea does not rely on indicators, focusing solely on price levels and supporting market data. Risk management will be critical, and traders should adjust stop-loss and position size according to their strategy. Risk Management: Define a clear stop-loss level based on your risk tolerance and adjust take-profit levels based on evolving price action.
B
by Follow_Blxcksheepfx
1
XRPUSD Testing Key Pivot Points Amid Bullish TrendHello, BITSTAMP:XRPUSD is currently testing the 1D pivot point, and if there's a rejection, the next level to be tested is the 1M pivot point. If that also faces rejection, the 1Y pivot point will likely be the next in line. At the moment, there is significant selling pressure in anticipation of this potential outcome. However, market sentiment has not yet reacted, as traders are awaiting confirmation for either further upward or downward movement. Currently, the trend remains strongly bullish. No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344
B
by TradeWithTheTrend3344
XRP/USD BULL FLAGS + FIBONACCI RETRACEMENT & EXTENSION XRP/USD Looks to be forming another Bull Flag. Last 2 Bull Flags (shown here with Green lines for the Flags and Blue lines as poles/pointers) ended in nice run-ups... Fib Retrace on Daily shows price action pulled right back into the Golden Pocket after hitting most recent ATH. Met strong support at Golden Pocket as expected, so I'd expect it to remain bullish as long as it remains above $1.8. To the upside, the Fib Extension shows Golden Pocket right at Prev ATH (obviously, since the retrace pulled back into Golden pocket on downside move), so this may be a strong resistance/rejection level, before XRP can breakthrough and run up to what I see as it's next important level - at $3.5. What are your thoughts here?
CLong
by StrongLikeBull
1
XRP/USD (CB) Price Action followup Keeping an eye on this range within the Orange Elipse on the Daily chart. This is a follow up to the chart I posted 12/31... XRP price action seems to be forming a flag after run-up (Bullish). It did get rejected at top flag downtrend line, which also coincides with some Fib levels... BTW - These fib levels were drawn to represent the price values during the most recent run-up, but they do not represent any fib (or other) timelines... IMO - Still bullish above $1.8.
CLong
by StrongLikeBull
$XRPUSD supports and resistanceBased on the support and resistance lines shown in the chart, I’ve been able to effectively accumulate more XRP coins throughout December. Using these lines, I’ve successfully sold almost every top and bought nearly every bottom, except for a couple of missed opportunities while I was asleep—and two times when I followed the hype, LOL. Overall, it’s been a highly effective strategy, and I’ve managed to accumulate a significant amount of coins.
B
by Samthecarpetman
3