Ascending ChannelRipple is positioned within an ascending channel.
As observed, a minor downtrend line has been established within this channel.
Considering the robust support at the bottom of the channel, should the downtrend line be breached, Ripple is likely to undergo a substantial increase.
(All analyses will be updated)
This analysis is informational, not financial advice. Good luck!
Ripple
XRP - The Genesis of the Crypto Bull Market Takes Shape...Recent Analysis Suggests a Wave D Scenario Since March 2021, Indicating a Potential Breakout from the Current Range. These Developments Hint at Possible Culmination of Wave 2 Correction, Marking the Onset of a Significant Bull Market in 2025, Following a Projected Major Correction in Stock Markets, Potentially Resulting in Lower Rates and Continued QE Programs.
Additionally, Enhanced Bullish Count for Bitcoin and XLM to be Posted Soon.
XRP Technical Analysis• Ripple, in the weekly timeframe, has developed a triangular pattern, with the lower side acting as a robust support.
• A break above the pattern's upper side would signal the start of a substantial price ascent.
(All analyses will be updated)
This analysis is informational, not financial advice.
BITCOIN on the way to the price of 37,000We have the four-hour chart of Bitcoin, finally, according to our expectations, Bitcoin has reached the demand area, we will probably see the growth of Bitcoin in the short term until the price of 42000, and then we will see its fall from this area, which is the supply area of the four-hour time.
-After breaking the demand area (40500-41300), the next demand area is (39450-39850) and the next area is (37480-37980).
If Bitcoin moves up, we have the supply area (42,380-42,840) to enter selling positions.
🔥 BTC/USD - More Fall Ahead ? (READ THE CAPTION FOR MORE INFO)By examining Bitcoin in the 4-hour time frame, we see that according to the previous analysis, as I expected, the price could not maintain the support of the $41,700 range, and for this reason, it started to fall and corrected to $40,700! Probably, we will see growth up to $42350 to fill FVG before falling further!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
XRP/USDT possible next move? 👀🚀XRP Today Analysis💎 Paradisers, it's time to observe #XRPUSDT closely, as it is making an intriguing move by trading in a demand zone, setting the stage for a potential bullish shift.
💎 Our analysis shows that #Ripple has been consistently following a descending channel trajectory, respecting the channel resistance three times. Currently, there are a few possible scenarios unfolding. If the price can uphold its momentum at the demand level of $0.5365, we might see a bullish move. However, should this scenario not play out, our focus will shift to a potential bullish rebound from a lower demand level at $0.4964.
💎 Another key point to consider is if #XRPARMY continues its downward trajectory and breaks below the demand level of $0.4964, this could lead to a significant bearish movement.
RIPPLE - Price can bounce up from support level to $0.5850Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
Recently price entered to falling channel, where it reached $0.5935 resistance level, which coincided with resistance zone.
Then price bounced and in a short time declined lower than $0.5600 support level, and later it declined to support line.
Ripple bounced from this line and made strong upward impulse to resistance line, making fake breakout and exiting from channel.
Also, price broke $0.5600 level and $0.5935 too, but a not long time ago it bounced of resistance line and declined below this level.
XTP fell to support zone, and recently price bounced up, and now it trades near support level.
Possibly, Ripple can bounce up from this level to $0.5850, thereby breaking resistance line.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
🔥 BTC/USD - Another Bull-Run ? (READ THE CAPTION FOR MORE INFO)By checking the bitcoin chart, we can see that the price, after Collecting the BUY-Side liquidity above of the $47,950 resistance with growth up to $49,000, followed by a fall and corrected to the range of $41,500! Now the price has reached a demand range, and if the price stabilizes above $40,400 and does not penetrate below this level, we can expect Bitcoin to grow again to $45,500 as the first target! After that, this analysis will be updated!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
XRP to 10usd, what about 30 cents?I frequently watch various XRP videos where individuals predict a price surge, ranging from $10 (the "less" optimistic view) to $100 or even $1000. These predictions often come with fantastical explanations about why such increases will occur.
However, the harsh reality contradicts these optimistic forecasts, as XRP hasn't shown significant movement during this bullish trend. Despite an initial rise of approximately 50%, this gain has been nearly entirely offset.
Analyzing the chart reveals a conspicuous presence of selling pressure, with each upward spike promptly followed by selling activity.
From a strictly technical standpoint, if XRP falls below $0.5, the path to $0.3 seems inevitable, carrying a high probability of a drop to that level.
The bearish scenario can be dismissed if XRP rises above $0.65, but even in such a situation, substantial growth seems unlikely. From my perspective, $1 is the most optimistic scenario for this coin, even under the best circumstances.
XRP - Wait For It 🏹Hello TradingView Family / Fellow Traders,
XRP has been overall bearish trading inside the falling channel in red.
However it is currently approaching the lower bound of the channel and a strong support at 0.54.
📈 As long as the support holds, we will be looking for short-term buy setups on lower timeframes.
🏹 For the bulls to take over from a medium-term perspective, we need a break above the last major high at 0.625.
📉 If the 0.54 support is broken downward, we will expect further bearish movement till the 0.5 support where we will be looking for new short-term buy setups.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
⭐️ The Market Draws a Trend ⭐️ Continued ⭐️⭐️ Hi! This idea won't take too long, it's late night after all and I simply wanted to make a quick follow up before I caught some much needed sleep for the night, thanks for tuning in as always, we'll keep things short.
⭐️ Following up from my last idea which is linked and showed in the chart below we did highlight this new channel that's formed following that flash crash we got hit with at the start of the month and that's given us some insight as to what we we're possibly facing and seems that traders did in fact take the action once we lost our ascending channel.
⭐️ In our previous idea we called on the fact hat 0.55 and 0.56 respectively we're some pretty good support levels and that you guys should put up some alerts and curiously enough we did get that drop down to 0.56 with the wick's extension still representing the strength we've got there. I said it in the last idea and I'll reiterate it, even with the support showing and all that doesn't mean 0.55 and 0.56 are the bedrock bottoms for us, the risk for more downside is always there just as there is the fact that at any moment we could have some news and get a crazy jump, you simply never know.
⭐️ What we do know though is that since our exit from the ascending channel in which we also lost the 200 EMA we've been in this descending channel and chances are more than likely traders simply want to see which way we break out from this one. I don't see this descending channel having as big of an impact as our ascending channel, the ascending channel carried a lot of strength with it, especially thanks to our bottom after the flash crash but our current channel feels more minor and more likely than not in the next few days or even tomorrow we could get a breakout to the upside.
⭐️ Since the formation of this channel we can see how bulls have managed to keep price from slipping further out of the channel, I did add in a little black arrow to point out the spot where we can especially see that. Personally I'm looking out for a breakout to the upside and out of the channel but if we keep getting rejecting whilst trying to break out expect some more of a tug a war till we get a break one way or another. And below is the chart with the descending channel.
⭐️ That's the main thing for now, I'll leave it there but I appreciate you guys stopping by as always and wish the best till next! Let's simply keep positive and keep faith as always in ourselves and avoid stressing over things, take some time, have some tea and make sure you give yourself the 'you' moment today that you deserve.
~ Rock '
XRP - Best time to buy is right now, here is whyXRP is currently sitting on the main support of the ascending parallel channel. This is definitely a great opportunity to buy cheap XRP. We have a leading diagonal wedge as wave (1) followed by a sharp correction wave (2). Wave (3) should be in progress. You can be sure that XRP is a big deal for huge institutions such as banks. They are already investing a lot of money into implementation of this cryptocurrency. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
Unlike Bitcoin or Ethereum, the XRPL uses a unique Federated Consensus mechanism as its method of validating transactions. Transactions are confirmed on the XRPL through a consensus protocol, in which designated independent servers called validators come to an agreement on the order and outcome of XRP transactions. All servers in the network process each transaction according to the same rules, and any transaction that follows the protocol is confirmed right away. All transactions are public and transparent, and anyone can operate a validator. There are currently over 150 validators on the ledger, operated by universities, exchanges, businesses, and individuals around the world.
Through the Federated Consensus mechanism, all verified transactions can be processed without a single point of failure as no single participant makes a decision independently. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
Ripple can rise to resistance level and try to break itHello traders, I want share with you my opinion about Ripple. Looking at the chart, we can see how the price some days ago broke the 0.6900 resistance level, which coincided with the seller zone, and started to trades in the range. Inside range, XRP firstly declined to 0.5900 current resistance level, which coincided with the resistance area, after which it rebounded and made an upward impulse to the seller zone. But the price at once turned around and in a short time declined back to the 0.5900 level, making a fake breakout. Then Ripple bounced from this level and tried to rise, but failed and made a strong downward impulse to the support line, thereby exiting from range and breaking the 0.5900 level. After this, the price at once rebounded from the support line and rose to the resistance area, even rose higher than the resistance level, but recently XRP declined back, making a fake breakout. Now price trades near the support line and I think that Ripple can bounce from the support line and rise to the resistance level and try to break it. After the breakout, XRP will make a retest of this level and continue to move up. So, that's why I set my target at the 0.6300 level. Please share this idea with your friends and click Boost 🚀
HelenP. I Ripple will break trend line and continue to move upHi folks today I'm prepared for you Ripple analytics. Some time ago price traded inside the resistance zone, which coincided with the resistance level, and later it made a fake breakout, after which the price rose to 0.6385 points. Next, Ripple rebounded and made a strong impulse down to the trend line, thereby breaking the 0.6150 and 0.5500 levels. After this movement, XRP rebounded from the trend line and rose higher than the 0.5500 support level, which is located in the support zone, breaking this level again. Also, the price started to trades in a triangle, where so long XRP traded near the support zone. At the last time, when the price declined to this zone, it at once rebounded up to the 0.6150 resistance level. Price even broke this level and entered to resistance zone, but soon it turned around and in a short time declined to the trend line. As well recently, Ripple exited from this pattern and now it continues to trades very close to the trend line. For this case, I expect that XRP will break this line again, make a retest, and continue to move up. That's why I set up my target at 0.6100 points. If you like my analytics you may support me with your like/comment ❤️
⭐️ The Market Draws a Trend ⭐️⭐️ Hey hey! Hope everyone's been well been a few days but so much has happened. Following up from my last idea it's crazy to see that we in fact did get that spring jumping up to 0.62 with that announcement of the Bitcoin ETF on the 10th as well as XRP's successful exit out of our descending wedge. So we had that as well as the fact that we caught our 200 EMA again and that definitely helped to reel us back up. Here's a link to the chart/idea below:
⭐️ Anyway I said this would be short so here's the current wedge I've drawn out that's formed since our impulse move up to 0.61 and 0.62 respectively. The wedge is on the 30 minute chart and on our main chart up above I've added this ascending channel which will likely continue to play a role in the next few days/weeks.
⭐️ Main thing traders are likely watching for is whether or not we get that break to the upside or down, basically the same as the move we just went though previously. So that alongside the 200 EMA and if we can keep ahold of it. That being said 0.55 has been doing well for support with our second wick down to that level being kept closed at 0.56 and above thus there's definitely a good support level there.
⭐️ While it's a good support level it also doesn't mean that it's bedrock or an absolute bottom, we should always consider the unexpected and on that note I'd definitely set some alerts at 0.56 and .55 just in case we do get a break down out of our wedge and come to retest those levels.
⭐️ I'll leave the idea there for now, but overall it's been a good week everything considered, so happy to finally be at a point where crypto is getting recognition, it's taken a few years but it's good to know the train is moving and getting going. Thanks for coming by as always, I appreciate each and every single one of you guys as usual and wish nothing but the best till next, thank you!
~ Rock '
XRP|The possibility of starting a new BULLISH waveAfter the price reached the resistance area of 0.7154 in the form of an upward trend, we saw the return of the price, which is in the form of a descending channel.
The demand areas in the daily time have prevented the price of Ripple from falling further, which has gathered all the available liquidity in these areas in a last ditch effort to start an upward trend.
At the moment, we have to wait for the channel to break upwards, and in the return to valid support areas, we should enter into buying transactions to reach the price targets of 0.7154 and 0.8341.
🔥 BTC/USDT - Pump and Dump ? What Happend ? (READ THE CAPTION)By checking the Bitcoin chart, we can see that yesterday with the fake news that was published by the American SEC Twitter account (it was hacked) and said that the Bitcoin ETF was approved, the price of Bitcoin was pumped up to about $48,000, and after the fakeness of this The news was published that Bitcoin was dumped up to $44,700 again, and this caused FVG to be filled! We will probably see more fall from Bitcoin!
Related News :
• The SEC is a regulator that is responsible for maintaining market integrity in the US.
• The SEC’s X account was hacked and posted a fake news about approving a spot Bitcoin ETF, which is a type of investment product that tracks the price of Bitcoin.
• The fake news caused Bitcoin’s price to spike and then drop, affecting the crypto market and investors.
• Lawyers are calling for the SEC to investigate itself for possible market manipulation and cybersecurity breaches.
Source : Coin Edition
Please share your opinion about the possible trend of this chart with me and support us with your likes and comments.
Best Regards , Arman Shaban
XRP Long Term Bullish OutlookCRYPTO:XRPUSD long term is very bullish.
I measured that we will hit the target profit $27 around early to mid 2025 based on the previous 1 year pole. You can see the formation of rally-consolidation-rally with a bullish pennant consolidation. RSI is looking good too, i'm certain it will close with a crossing but you can wait until december closing to make sure.
Also outside of technical analysis, xrp or ripple is very good fundamentally and narratively. The narrative of CBDC will be major if the world government implement this globally, i think it will be implemented in 2024 or 2025. It's best to buy XRP now.
Ripple - XRPUSDT - Sleeping GiantGreetings Everyone,
Today we are looking at Ripple's XRP.
Ripple is one of the oldest crypto project and the only project which flipped ETH for second spot in crypto ranking in 2017 bull run and is the only one that came closest to flipping Bitcoin for first spot during the same time period. Although it was a very short period but it happened and it speaks volume.
Later on SEC vs Ripple lawsuit came into play during last bull run which capped the projects adoption and growth potential significantly. Even with that it had 10x growth during last bull cycle peak. Last year, however, Ripple won the lawsuit and XRP had a short lived spike but we were not completely out of the bear cycle lows so it did not amount to much.
This time, with SEC troubles behind us, we expect to have bright days ahead for XRP.
For the last little while XRP has been trending in an up-slopping channel except for a short live spike mentioned before. It still maintains the elite top 10 crypto status which demonstrates the strength of the project and it made a significantly higher low compared to last cycle i.e., its holders have diamond hands. Additionally it has been in the news that there will be ETF filings for XRP in April 2024.
Based on all the history and factors indicated, we expect that XRP start to print great gains soon now that BTC ETF has successfully been approved and the market stagnation due to that is behind us.
Our target for XRP at the peak of bull cycle is around $12 mark which will be 20x return from current price level.
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Note: This is not financial advise and shall only be used for educational and/or entertainment purpose. Please do your own research before investing. Crypto Markets are highly volatile and you are responsible for the risk of losing your entire investment.