Reason for neutral: I believe price will dip again to present bearish, then it will bounce. It shouldn't break down under June low again if it were to bounce.
XRPBTC and its USDT pairing reaction
View of the range that developed after Coinbase delist & relist
Price target ideas based on ranging and mean reversion
Sources, used the earliest I could...
XRP is very likely to seek liquidity below the lower wedge trend line before moving upward again. It's probable that the price will wick down to the $0.50 level to grab liquidity resting under the previous low. However, if it seeks additional liquidity, the price could drop to the $0.43 level before we see a significant reversal. If that occurs, this could be a...
The XRP/BTC ( KRAKEN:XRPBTC ) pair is signaling a potential drop of up to -42% over the coming months, possibly by mid-2025. Historically, we’ve seen that altcoin rallies, like those of XRP, tend to be short and fast, while Bitcoin movements follow a longer and more indecisive pattern.
🔍 Bitcoin Dominance on the Rise
At the same time, Bitcoin dominance is...
XRP price today is $0.39 with a 24hour trading volume of 1.2 billion dollar. XRP price is up 1% in the last 24 hours and 11% since last week
In the daily timeframe, the price formed an ascending price channel pattern, and after being supported by the lower trendline, it started moving upward. However, the $0.4 resistance level has paused the rally for now,...
From where we put the green arrow on the chart, it looks like a bullish phase is formed on the XRP chart.
This bullish phase looks like an ABC as we are now in wave B of this pattern. Wave B also looks like a triangle, and now we seem to be in wave D of this triangle.
We are looking for buy/long positions on the green range. If the price returns to the green...
This chart shows how it could be possible for the price of #XRP to reach the coveted $589 price target. I'm not a big fan of these extravagant price targets in short time periods, but I do firmly believe that they are attainable given enough time and the right circumstances.
Good luck, and always use a stop-loss!
XRP has been getting smashed by BTC for quite some time now, but the charts indicate that this may be changing. There is a very nice pattern forming on the chart currently, and the Fibonacci retracement levels are showing what could be some incredible opportunities for gains in the coming months.
Good luck, and always use a stop loss!
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(XRPUSDT 1D chart)
XRP is moving sideways, but I think it is rising along a long-term rising channel.
Accordingly, the key is whether it can be supported near 0.6013 and rise above the long-term...
This is a risky time to enter this trade, but I'm going to take a small short position against XRP in an attempt to capture a potential correction to the bottom of the forming wedge pattern as the bull flag is forming. I'm not going to risk much; it’s more of a hunch. Overall, I'm very bullish on XRP right now, but as a trader, I can't help but try to capture this...
Bitcoin has always led the market, while alt-coins play catchup. XRP is now flashing some major signals that it's going to start gaining ground on BTC in major fashion.
XRP is looking ripe for a nice bounce here. Now that the price is resting on top of the upper trend line, it's looks like a great opportunity to put on a small trade. I really like this setup here, especially going into Sunday, as I think a lot of people are looking to add to their XRP positions at these levels before it hits the .60 cent level again.
I may be a...
XRPUSDT technical analysis update
XRP has been trading within a descending channel for the past 400 days. The price is now approaching the channel's resistance line, and if a breakout occurs, a strong bullish move in XRP can be expected.
A good entry point would be after the breakout is confirmed on the daily chart.
Regards
Hexa
12hr chart on both xrp/usd & xrp/btc
Both charts , market is over 20,50,100,200 MA's
Stoch RSI is bullish on both charts as you can see pointed out
MACD MA's crossing over to upside on both charts as well .
You see Bullish pennant formed on both charts .
BINANCE:XRPBTC is trying to breakout but in order to do this price must close above 78.6FIB.
XRP needs a...
- we waited for a while for xrp to hit the range low.
- sellside liquidity has been taken now
- price even hit the lower 3D imbalance
- when xrp hits those key levels, we can usually expect a bounce in altcoins
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(1M Chart)
The key is whether it can maintain an uptrend along the long-term rising channel.
To do so, it is necessary to check whether it is supported and rising around 0.382 (0.6166).
The...
