Short-Term XRP Fall before the riiipppp upwards!Combination of factors such as:
-Daily MACD cross
-RSI overbought
-Continuing downwards pressure
I want this to fall so I can buy in more lol
XRPUSD.P trade ideas
XRP to the moon XRP appears to be in a strong uptrend. The price has been steadily rising over the past few weeks, with healthy pullbacks. The volume has also been increasing, which suggests that there is strong buying interest in the market.
Ripple Secures NYDFS Approval for RLUSD Stablecoin also will push XRP higher
XRP $4 incomingBased on the current chart and signals, there are several factors supporting a bullish trend for XRP toward $4 before January 1:
Elliott Wave Pattern : The displayed patterns suggest a continuation of the upward impulse, with clear corrections followed by new highs.
Breakout Signal : XRP appears to be breaking out of the descending triangle (ABCDE pattern), which often leads to a strong upward move.
Volume and Momentum : Increasing volume and a positive RSI indicator indicate strong buying pressure, supporting further price increases.
Previous Price Action : The recurring patterns suggest cyclical growth, paving the way for a target of $4.
If these trends continue, reaching $4 by the end of the year is within reach.
$XRP Goes beyond your imagination? ATH?analysis using SNR ORIGINAL chart pattern. i'm not saint 100% accurate. Trade wisely and trade at ur own risk. Stick with SL and ENJOY the ride later.
Xrp $3.05 or $3.76????After completing the minor ABC correction next elliot wave heads north of $3......but where will it stop? What's your guys thoughts?
MY LAST SUPPORT XRPUSDSince the price back again to my last support, then i have to make my clear stand at XRP even more so when it now forms an invert H&S pattern. i love this pattern!
XRP to $60?XRP has been printing a GIANT bullish pennant for the last few years. Since the SEC case has ended, this might've marked the end of price suppression for this token. Only time will tell but I remain optimistic.
XRP should have broken ATH in 2021 Based on the timeframe XRP price took from 2013 ATH and 2017 start of bull run, we can see that this distance is same as from 2017 ATH and 2021 start of fake bull run, which should have been a real bull run where XRP breaks ATH. Conclusion: SEC lawsuit suppressed XRP price and paused it's bull run phase. It has been postponed to the 2024/2025 (currently happening).
XRP may finish correction soon In my MHO 30% correction is enough for XRP to break the previous all time high. The best decision to DCA is right now and the next support level. DYOR
XRP!!So, I've got my chart on XRP, and it's playing out as expected. Dropped down to retest the previous high, which lined up with the 618 retracement level. Now, we're pushing back up, hitting the 786 as resistance, which is holding for now. Market's seen a downturn, and oscillators are hinting at a sell-off. If it holds at the 786, there's potential for a breakout after a minor pullback.
In the Golden Zone. Will it Retrace?Based on the Fibs i think it can retrace back up. Had to have a pull back.
XRP BOOM!XRP REACHED 400% gains in the month of November before a pull back to the previous breakout zone. Ripple CEO appeared on 60 Minutes for a brief interview to introduce the world to the entire crypto industry as a whole. Although it was bias news, it was great news. On 12/10/24 Brad Garlinghouse announced that $RLUSD has been approved and will be listed on exchanges soon.
I look for XRP to reach towards $3+
The price target varies. If RLUSD approval quickly helps XRP rise, the mere adoption of the US backed stable coin and the possible overtaking of competitor Swift. XRP could reach milestone levels, above the $100-$500 range. After trump gets in office, gensler steps down, and regulations are made in the congressional seats. Ripple could grow to see ETH type numbers. This would be dependent on financial adoption and utilization around the world. Keep an eye on this. Good luck!
XRPUSD should correct before any further leg up
The party could continue but a correction is overdue. We're in a distinct Wave 5 move on the 2hr with several key indicators firing. Overbought on multiple oscillators.
Additionally, profit-taking from recent XRP gains, driven by optimism around partial legal victories, could add selling pressure. If trading volumes drop, it could amplify the downside move, before another (potential) leg up.
Pullback is goodThere’s a few resistance lines that it has yet to break free of, whether on hourly or daily. Wait for a possible pull back to $1.50 range
XRP Christmas Rally Imminent! New All time high incoming!!BITSTAMP:XRPUSD Your last opportunity to get XRP at a discount before it goes parabolic is presenting itself. $1.52 -$ .1.50 is the target bottom....
If it doesn't get back down to $1.96, then that means $1.96 was the bottom, and we would backtest that level and break straight out of this bull flag pattern! 🚀
reversal of this downtrend, an ABC correction, could possibly be complete by the 11h of Dec.
XRP - Bullish Flag for a breakout (4H)Bullish Flag forming for a break out. First test at $2.8. A break above $2.8 we'll see $3.2
👽XRP - One Triangle To Rule Them All!XRP has formed a MASSIVE multi-year triangle. Combine this with multi year MACD and RSI in very bullish posture we are really on the precipice of an explosive move in the coming weeks / months.
This is a long term play and I think will take a while to happen.
Once we get above previous ATH I'm looking at $10 - $20 for the long term target.
Patience will be rewarded with this one guys.
A Bullish XRP Flag Emerges as $5 Call Options Heat UpXRP, the native cryptocurrency of the Ripple network, has been making waves in the crypto market recently.1 It has not only outperformed Bitcoin but has also shown resilience against the broader market downturn.2 This bullish sentiment is further amplified by a potential bullish flag pattern emerging on the price chart and increased activity in the $5 strike call options on Deribit.
Bullish Flag Pattern: A Technical Analysis
A bullish flag pattern is a technical analysis chart pattern that suggests a potential continuation of an uptrend.3 It typically forms after a sharp upward move, followed by a period of consolidation, resembling a flagpole.4 The subsequent sideways movement, often contained within parallel trend lines, is known as the flag.
If the price breaks above the upper trendline of the flag, it signals a potential resumption of the uptrend, potentially leading to significant price gains.5
Increased Activity in $5 Call Options
The increased activity in the $5 strike call options on Deribit is another bullish indicator. Call options give the buyer the right, but not the obligation, to buy a specific asset at a predetermined price (strike price) on or before a specific date6 (expiration date).7
A surge in call option buying often indicates that traders are anticipating a significant price increase in the underlying asset.8 In this case, the high volume of $5 strike call options suggests that traders believe XRP could potentially reach or even surpass the $5 price level in the near future.
XRP's Recent Performance
XRP has been one of the top-performing cryptocurrencies in recent weeks. It has outperformed Bitcoin and many other altcoins, defying the broader market downturn.9 This strong performance can be attributed to several factors, including:
• Positive Ripple News: Ripple's ongoing legal battle with the SEC has been a major catalyst for XRP's price movement. Positive developments in the case, such as favorable court rulings, could significantly boost XRP's price.
• Increased Institutional Interest: Several institutional investors have shown interest in XRP, recognizing its potential as a digital asset with real-world use cases.10 This increased institutional adoption could drive demand for XRP and push its price higher.
• Strong Community Support: XRP has a strong and dedicated community of supporters who actively promote the cryptocurrency and its underlying technology. This community support can help drive adoption and price appreciation.
Potential Challenges and Risks
While the bullish outlook for XRP is promising, it's important to consider potential challenges and risks:
• Regulatory Uncertainty: The ongoing regulatory uncertainty surrounding cryptocurrencies, especially in the United States, could impact XRP's price.11
• Market Volatility: The cryptocurrency market is highly volatile, and sudden price swings can occur without warning.12
• Technical Analysis Limitations: Technical analysis is not foolproof, and it's essential to consider other factors, such as fundamental analysis and market sentiment, when making investment decisions.
Conclusion
The emergence of a bullish flag pattern on the XRP price chart, coupled with increased activity in the $5 strike call options, suggests that XRP could be poised for a significant price rally. However, it's crucial to approach any investment with caution and conduct thorough research before making any decisions.
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. Please consult with a qualified financial
Another XRP BreakoutHere we go again, two downtrend breaks in a row and sharp recovery after some serious volatility and liquidations earlier this week. Looking for a move up to 2.65, might be good for a long if it breaks and holds on a retest.
XRPUSD 4H Frame AnalysisWe are seeing XRP breaking resistance at a good pace, having pullbacks to get liquidity before keeping the uptrend. In this scenario we see XRP trying to break the previous relative ATH.
Throwing a fibonacci it give us a possible area for a pullback, where the price can accumulate more liquidity before deciding to test the 2,00$ target and break further highs.
Keep your eyes peeled. Boost, share and comment any ideas that can add up more knowledge to it.
Thanks family!
$XRP Broading FormationNot Financial advice.
CRYPTOCAP:XRP still inside this weekly time frame broadening formation. price might still retest the bottom of the formation. only time will tell.
Thanks!
like and follow for more ideas.
XRP possible correction to downsideIf you pull out to 1 year it is almost at an all time high along with it being way overbought on the 21 day ema. This image is of the 15 min. This simple wedge I drew may be an indicator.
$XRP bullish formationSEC #Lawsuit Resolution, new Banking #Partnerships, #Payment Network Integrations and #Ripple $RLUSD #Stablecoin approval are the upcoming events that could drive the #XRP price in the near future.
