XRPUSD trade ideas
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.
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Quick XRP SELL as called earlier in the week.My apologies I cannot reply to Direct messages just yet i have to connect my new phone to this TV account. Sorry in advance.
I would like to see XRP break 1.98 to confirm the sell bias but as of now we are bullish and can only wait until price breaks 1.98 to confirm sell or 2.90 to continue the bullish trend.
XRP ContinuationXRP is pumping! We are ranging above $2 as support and resistance is just slightly below $3. Price is setting a bullish flag continuation move on the daily. Once we get a break out of that bullish channel we will break all time highs well into a new all time high. I believe we head to $10-$11 on the next pump which is a 5x from where we are now.
Hurry Up & Wait! ● Is XRP ready to break out?It was a nice ride for those involved from the most recent lows printed on 30-31 December, however price still needs to break out of this channel if it is to get that massive next leg higher.
Until then we are still waiting for the breakout.
No need to rush we are here for the long run.
XRP Elliot Wave PredictionBased on Elliot Wave Theory XRP is entering the corrective wave with point c expected to be 7 days from today based on previous re-recement, currently selling opportunity, 1/11/24 should be buying opportunity.
XRP - LongTerm (Spot) XRP - LongTerm (Spot) 🚀
Entry Points
From 2 to 3 $ Area
Longterm Targets 🎯
Target 1 : 4.5
Target 2 : 7
Target 3 : 11
It may take about 2years to reach 3rd target. Investment need patient 🙏 So Don't be afraid if you even lose money in a short time. Always stick to your choices and victory is yours.
Good Luck
Have fun.
XRP triangleThis could be a triangle set up on xrp.
This beast needs to keep on keeping on.
Next swing could go even past the 5 $ if the whole crypto space decides to keep running.
Depends on the btc big daddy
XRP / USD Falling WedgeXRP / USD Falling Wedge to retake highs at 2.91+
If a break above occurs, previous ATH test possible above $3.00
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?
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.
$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.
XRPUSDThe 1.50 price is still very attractive to find bids if a triangle fails here.. Short term bearish
Ripple in a huge bull flag? What do you think, up to $10?Ripple in a huge bull flag? What do you think, up to $10?
XRP TO THE MOONIm predicting if XRP D candle breaks above my triple top trend line we can see super bullish movements! If not price may drop back to $2.10 again. Overall XRP to the moon
Breakout ? Looks to be breaking out of its trend to the upside of the flag that has transpired. I don’t know how high it will go but I’d guess near $3 if we can close above this flag.
XRP Short XRP historically fails after it has a rally. Each time on this monthly chart, XRP has pulled back drastically. With 3 months worth of growth, we can expect the prifit taking to occur to account for tax liabilities for the upcoming tax season as profit taking will take place to cover.
This pull back needs fuel to take it to the next level. Next major price level based on the 2017 impulse is $4.25, then $5.41, then $8.75, then $12.10, then $14.17
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! 📊
XRPUSD LONGFor me this is a technical trade setup based on the current market conditions however in hindsight of how XRP tends to pull back even during a bull run, I will practice cautions in how I enter the trade therefore I either for the pull-back towards 2.26 price or a breakout above the symmetrical triangle and then enter on the support retest. In the short term the price target is 2.84.
Summary :
Entry (Buy) - 2.26 or 2.48 After breakout
Target = 2.84
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XRP Short 9.5RWe are about to test the descending green trendline.
It’s very possible it cuts through and continues higher with significant momentum but most of the time trendlines this significant do create some kind of reaction.
There is a daily imbalance which seems like a reasonable target.
There is also a smaller secondary bearish pattern leading into this key area of supply.
Xrp on the verge of exploding!This is the moment we've been waiting for. No time left for HUGE Xrp move to the upside! 🚀
