Ripple
BITCOIN SHORT TO $33,260📉Market structure offering a possible short opportunity for BTC. High risk trade as market could still move higher. Use low risk.
⭕️5 Bullish Wave Complete.
⭕️LQ Sitting At Wave 4.
⭕️Overbought Market Conditions, Based On SEC ETF Rumours.
⭕️Binance Lawsuit Worrying Markets.
⭕️Break of Structure On 1H TF.
XRP On hell supportXRP is sitting on a very strong support at 0.58. It's a multy weekly support, so what we can expect is a continuation of the uptrend here. Target (expected to be reached before Christmas) is 0.9, that is a strong resistance. From that level we XRP price could start to drop to our entry point waiting for the bull run start
SasanSeifi 💁♂Weekly Price Analysis and Growth PotentialHey there! In the weekly timeframe, as you can see, the price, after a period of consolidation and volume accumulation, has managed to grow to the 0.61 price range while maintaining the 0.50 price range. It is currently trading within the 0.61 price range. The expectation we can consider in the weekly timeframe is that in the medium term, the price may have the potential to rise to the price range of 0.70 / 0.75. The important support ranges are at 0.50 / 0.46.
🟢 Keep in mind that these are just scenarios, and it's important to conduct your own analysis and consider other factors before making any trading decisions 😊📈📉
❌ (DYOR)
⭕Of course, if you have any more inquiries or require further clarification, don't hesitate to reach out. I'm here to assist you!
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XRP - Impulse - Correction - Impulse ↗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 According to my latest analysis (attached on the chart), we expected XRP to reject the 0.7345 zone.
This week, XRP entered a correction phase, and it is currently approaching the support zone.
🏹 For the bulls to regain control and initiate the next impulse movement, we need a break above the red channel and the last major high.
Meanwhile, XRP would be bearish, trading inside the falling red channel, and could still move lower to test the 0.55 support.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
⚡️ XRP TECHNICAL ANALYSIS ⚡️⚡️ Hey! Hope you all have been well and blessed as usual, been busy as usual juggling a lot but no complaints, grateful for everything and life, giving the best one must! This idea won't be too long so thanks for stopping by ladies and gentlemen.
⚡️ Quite a bit has happened undoubtedly and we did in fact get a correction following the rally we'd had going up and hitting a peak of 0.73 cents on the 6th of November being 10 days ago from where we stand today.
⚡️ That being said I'm sure most of you already know about the XRP and false ETF filing story that tricked many resulting in XRP's price promptly shooting up to 0.71 with that candle even extending up to 0.73-4 cents before XRP handed back the percentage once it was revealed that the news wasn't real. Below is a link to the reference article which goes into detail more on the matter.
www.coindesk.com
⚡️ Anyway I've added some lines to represent those channels of which we had those ascending and now our descending channel a detailed further below by our 3 minute chart on the local.
⚡️ 0.60 is our current point of watch as we've already had a previous test down here as we can see from the previous fall already so I've set my alert for 0.60 and 0.58 to keep an eye on things and whether or not we'll find support or continue to retrace.
⚡️ That's it for today's idea, wanted to keep it short but thanks for stopping by, appreciate you guys as always and your support through everything. Really means a lot and I know that one day all this will be well worth. Thanks and blessings.
~ Rock '
BITCOIN OVERVIEW📉We saw a strong sell off again on BTC today, after a short squeeze yesterday by buyers. Market failed to take out this weeks high & closed back below our grey zone. Looking at 2 possible scenario's👇🏽
1. Retest of out grey supply zone. Will look to take another short, if smaller TF offers selling confluences.
2. Yesterday's sell off could of been the Wave 4 low. Now making its final move up towards $39,000 - $41,000📈
XRP Bull trap, ALTS PullbackHi Traders, Investors and Speculators of Charts📈📉
A bull trap is "false" signal that shows a bearish trend (such as the lower highs in XRP) has reversed and is now heading upwards, when in fact, it will continue to decline. Often a large wick towards the upside is observed, shaking out traders favoring the obvious move (shorting).
It's important to note that for the first time, the TOTAL3 chart is about to close a red candle ALONG with Bitcoin Dominance:
This indicates that the entire crypto environment is being drained of liquidity, and corrections will follow.
Again, I wish there were more options... I'm choosing "short" to label my outlook even though I would not trade with leverage on XRP. The bulltrap and the TOTAL3 chart indicates we're heading lower, and so my bias for the short term is testing next immediate support zones.
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.
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CryptoCheck
BINANCE:XRPUSDT CRYPTOCAP:BTC.D CRYPTOCAP:TOTAL3
XRP\XLM - Commentary On The Patterns At Large...Now is the opportune moment to share my insights on the current developments surrounding XRP and XLM, both of which I extensively cover on this channel. In times like these, brevity is key, and I believe it's crucial to address the situation based on the AriasWave methodology, a method that stands head and shoulders above others, even if its significance might not be immediately apparent. As you delve into the intricacies of this wave methodology, you'll come to appreciate why I emphasize its superiority. In the whirlpool of uncertainty, I aim to guide you through a clearer understanding, steering away from personal assumptions and relying on the AriasWave methodology instead. It's a perspective shift from my past experiences, where now I provide explanations rooted in a more reliable manner.
XRP - Top Gainer, HEAVILY OverboughtHi Traders, Investors and Speculators of Charts📈📉
As promised, a short term update on XRP.
It's important to remember, the price action we're seeing on most altcoins right now is due to rotations between BTC and alts. More info on this topic here:
XRP is notorious for making untimely, parabolic increases and falling just as hard shortly after. XRP can trade with an extremely overbought RSI for days and usually defies natural technical indicator logic (such as a pullback after hitting 100 on RSI), therefore trade with extreme caution.
I'm labelling this idea as 'long" although I wish there were other options to choose from. Perhaps bullish or bearish, short - near or long term etc.
Understand that I do not mean to indicate LONG XRP. I am quite against trading leverage on risky coins, but considering those are my options - I do see the price going up, that is just what happens in bull markets so ...long.
The path to $1 is clear, but first I expect another rotation back into BTC.
I have my targets set to make sure I catch those untimely wicks.
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CryptoCheck
BINANCE:XRPUSDT
XRP with fibonacciRipple found fibonacci support at $0.649 and try to break channel down pattern
If this pattern break up with one candle full , target will be at previous high $0.7349 and fibonacci 1.618 at $0.7879
DOn't forget to like this analysis
If you have any question, do not hesitate to contact me
Your support at this analysis will also support Ripple to reach bullish target
Click here to check my other analysis
Ripple: Analyzing XRPUSDT Current TrendsRipple has recently undergone a notable surge, ascending from $0.47 to $0.73. BINANCE:XRPUSDT now enters a consolidation phase, let's delve into a analysis of its current position and potential future movements.
Technical Overview:
On the daily timeframe, BINANCE:XRPUSDT is revealing the formation of a compelling rising channel structure. This pattern often indicates a period of consolidation and can offer insights into potential future price action.
Key support for this channel is notably situated within the $0.53 to $0.58 range, highlighting a crucial zone.
Support and Resistance Levels:
Support Levels: The strength of the channel support becomes evident at the $0.53 and $0.58 levels, providing a foundation for the ongoing consolidation.
Resistance Levels: Significant resistance levels are identified at various points along the Fibonacci retracement and the channel itself.
These key levels are situated at $0.62, $0.66, $0.73, $0.82, $0.93, and $1.16. We should keep a keen eye on these levels as they can play a pivotal role in determining the direction of future price movements.
Interpreting the Rising Channel:
The rising channel pattern suggests a delicate balance between buyers and sellers. Traders will closely monitor the price action within this channel for potential breakouts or breakdowns. As of now, the channel serves as a roadmap, guiding us through the intricacies of Ripple's current market sentiment.
Ripple's CRYPTOCAP:XRP is presenting a scenario ripe with opportunities. Understanding support and resistance levels, particularly within the context of a rising channel, is crucial for making trading decisions. As always, risk management and staying attuned to market sentiment are paramount in navigating financial markets.
Happy trading!
XRPUSDT 25% to 70% Bull move??Sunday analysis.
Seems like XRP is trying to break the first resistance which is the last previous highs (closer picture below). Price action looks like it would like to breakout and go 0.68 cents.
Good Risk/Reward here.
Ascending Triangles target is around 0.83 cents, 50% move.
Price has respected nicely the 9EMA support (picture below)
Check out my analysis about DYDX or GOLD which are still active DYDX GOLD
-PalenTrade
🚧XRPUSDT will Go Up Again🚧 Road Map(4-h)🗺️!!!As you can see, the price is in a Bullish flag, but it has not broken yet . 5 rising waves as well as the correction wave(ABC) have been completed and this means that we will have an increase in price SOON.
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🔥 XRP ABOVE THE TRENDLINE 🔥🔥 Nothing too long here just another quick read.
🔥 Yesterday's idea we added in the new trend line in black pointing out the significance of that and effect with us managing to keep above the trendline and pull back above 0.6499 which was followed by that leg up as support seemed to flow in with traders seeing that we avoided slipping further down below.
🔥 That being said we do still have the consolidation channel I added in from a few days ago, that channel is still gonna continue to have it's effect on us as we can see for example with the resistance in trying to break to 0.68, into the channel.
🔥 We'll simply have to see if we can regain access to the channel and possibly get another leg back up though we'll have to see. We've got a higher high on the local so that's a positive but the main thing as always the 200 EMA though again it is a lagging indicator you can always keep an eye on it through the different timeframes. Already know the impact the 200 EMA has.
🔥 I've got to leave it at that since I do have to head out but wanted to get something out there quick for you guys, thanks for stopping by as always and wishing nothing but the best to you all! And as usual any likes or follows simply help me out, doing what I can day by day. All the best till next!
~ Rock '
⚡ XRP QUICK READ ⚡⚡ Quick TA here. Following up from yesterday's idea in which we talked about that consolidation channel and the air hockey idea we can see that we did end up breaking down and out below that channel falling to our next horizontal level. Again I haven't added any new marks or notations to this idea, the ones I have are simply accurate for the most part.
⚡ 0.64990 is that current local point of action for us on whether or not we'll find support here and manage to climb back up or if we'll fail to sustain pressure and get pulled back down should we fail to regain that 200 EMA soon enough.
⚡ I have added in a new trendline which is in black to point out this sort of breakdown between what seems to be one positive and negative half if that makes sense. Can identify how the moment we slipped below the trend line we got that plunge and that seemed to be the confirmation for some traders with us even finding resistance at the trendline on the bounce back up so definitely feel free to add to your own charts.
⚡ Said this idea would be short and that's it, after a fall like this I'm just watching to see whether or not we can keep above that 0.649 or if our retracement will extend, whether or not one or the other happens will simply have to be seen. Till then I appreciate you guys stopping by as always, feel free to leave a like and follow, never hurts and simply helps me out! Thanks and all the best till next!
~ Rock '