This chart screams bullishness. We are just a few weeks max from the apex of this symmetrical triangle on the xrpusd weekly chart and we are also about to have a weekly golden cross(where the orange line goes above the blue line) Doesn’t take a TA expert to see on this chart what tends to happen when this weekly Goldencross occurs on xrp. Obviously this isn’t...
Respected traders, I hope you are all in good profit. Today, we have provided you with an analysis of the digital currency Ripple. Currently, Ripple is ranging within a specific price range and has great potential for extraordinary growth. The buying conditions for this currency are very favorable at the moment, with the possibility of significant growth. The...
XRP/USD is rising towards a resistance level which is an overlap resistance that aligns with the 50% Fibonacci retracement and could potentially reverse from this level to our take profit. Entry: 0.5239 Why we like it: There is an overlap resistance level which lines up with the 50% Fibonacci retracement. Stop loss: 0.5396 Why we like it: There is a pullback...
Hey traders! Let's dive into an exciting opportunity on XRP. It appears that XRP has been forming a triangle pattern since 2017. This signals potential for a significant breakout!🚀 🎯 Buy-In Levels: 0.5 - 0.6 🎯 Considering the current market dynamics, it might be a strategic move to accumulate XRP within the range of 0.5 to 0.6. These levels offer favorable...
CRYPTOCAP:XRP Ripple has been respecting this channel for 2years since June 2022 (Weekly Timeframe) Current price: $0.52 Ripple's price action is currently outside the Rising channel, Only two things can happen: 1. Price action can reclaim rising channel and move to higher prices with resistances: 0.63, 0.74, 0.85, 0.95 Or 2. #XRP can continue to break down to...
Hello friends In Ripple digital currency we see a clear triangle. Triangles are usually seen in wave B or 4. Therefore, taking into account these two theories, we make a trading plan. Triangles are always followed by a trend reversal (even a limited one). Therefore, to complete this triangle, we first need a price rise to the 0.5700 range to complete the triangle,...
We have a 3 Rising Valleys Pattern that has recently formed on the weekly timeframe, and we recently had a confirmed weekly Bullish Engulfing; if XRP manages to get back above 51 cents from here then it will likely begin to move fast towards it's last swing high of $1.96 but at the same time this is XRP we're talking about so it could go much higher because it is...
here you see a clear breakout and a successful retest. about time this slow turtle speeds up its price movements. its only bull season for this turtle if price closes above 1 USD.
H4 - Bearish trend pattern followed by a pullback No opposite signs Until the two strong resistance zones hold my short term view remains bearish here.
third scenario, xrp got a huge move on 2024. Basicly all was presented on chart. Prefer to have a few scenarios with all possible movement to gain/cut loses
Coinbase recently relisted XRP and with that, a trading gap appeared, but interestingly enough, if you look at just the price action that US traders participated in via Coinbase, you will find that XRP has indeed completed an AB=CD move. On the other hand, the original target was 2 dollars when looking at the price action globally, but I think the US trade data...
XRP/USD has just bounced off the support level which is a pullback support and could potentially rise to our take profit. Entry: 0.4835 Why we like it: There is a pullback support level. Stop loss: 0.4626 Why we like it: There is a pullback support level. Take profit: 0.5239 Why we like it: There is an overlap resistance level which aligns with the 50%...
XRP/USD is falling towards a support level which acts as a pullback support that aligns with the 100% Fibonacci projection and could potentially bounce from this level to our take profit. Entry: 0.4747 Why we like it: There is a pullback support level which lines up with the 100% Fibonacci projection. Stop loss: 0.4512 Why we like it: There is a support level at...
Understanding opportunity cost is crucial for any type of trader, including those interested in XRP/USD. It refers to the potential return you sacrifice by choosing one investment over another. Here's how risk tolerance, time horizons, and opportunity cost play out in different trading styles: 1. Day Trader (Short-Term, High Risk Tolerance): Focus: Day traders...
Support and resistance zones are the key in trading. As long as we can stay above 0.60, XRP remains bullish. We are coiling up for a big move. Last weeks we are just ranging, the price doesn’t move much so prepare for the move… I believe that once we can break the triangle formation and break the price of 1.20 we can see a new all time high. This triangle is...
Sleepy alligator on M chart. I expect upside breakout soon. Should happen this summer.
Ripple is going to complete an head and shoulder that will push price down a last time to touch long term support trendline This will be a good entry point to catch the long waited upside move