XRPBEARUSD trade ideas
XRP ARMY be ready.XRP is in a massive bullish triangle pattern.
Keep your eyes on this potential breakout!
if its anything like the Bitcoin breakout it will be HUGE.
- Dalin Anderson (High Altitude Investing)
As always stay profitable!
Market maturity is probableDear analysts and traders,
I trust this message finds you in good health and high spirits as you prepare to approach the upcoming week with renewed vigor. I extend my best wishes for continued success in all your business pursuits. It is essential to emphasize that sustained success in business hinges significantly on the consistent establishment and adherence to your principles.
As an advocate of the Elliott Wave principle, I regard this methodology as a valuable instrument for market analysis. Over the past three years, I have honed my approach by amalgamating this principle with a meticulous evaluation of diverse market scenarios. I strive to mitigate market uncertainties by upholding a broad spectrum of market perspectives, enabling me to discern market structures with utmost precision.
I am pleased to share my analysis with you, with the disclaimer that I do not offer buy or sell recommendations. My perspective on analytical ideas remains entirely impartial, and if my analysis aligns with your standards, it can serve as a compass for informed decision-making.
I have enclosed my prior analysis of the same market for your perusal and comparison. All aspects of my analysis are clearly delineated for clarity. Nevertheless, familiarity with the Elliott Wave principle theory facilitates comprehension of the analytical concept. I apologize for the repetitive nature of the text, as my week is occupied with formulating analytical and educational ideas, as well as engaging in trading activities and managing my social networks. Due to time constraints, I am unable to provide textual explanations for every idea, hence the inclusion of a separate text alongside the labeling. Should the text be unclear, I am available to elucidate the key points.
My rigorous study of the Elliott Wave Principle spanned nearly three years, during which my grasp and utilization of this invaluable tool evolved. My progress thus far stands as a tribute to the legacy of Ralph Nelson Elliott, whose brilliance underpins my accomplishments. May he rest in peace.
I am grateful for your unwavering support and benevolence, and I eagerly anticipate your feedback and constructive criticism.
May my analysis serve as a valuable asset in your business endeavors, and I remain yours sincerely,
Mr. Nobody
Previous analytical ideas
🔥 XRP'S ASCENDING CHANNEL 🔥🔥 Hey hey! Hope everyone's doing well, this is gonna be a pretty quick idea so feel free to tune in for a short bit, thanks!
🔥 In our last XRP idea, chart which is linked below we added in this ascending channel and some horizontal channels to help keep a reference on the chart.
🔥 Since that idea we see a couple things have happened notably. I've extended the ascending channel with some dotted lines to represent the before, after. First point is that we managed to find support again at 0.525 and rebound, even after we'd lost the 200 EMA which brings us to where we're at now. So we managed to avoid losing our ascending channel and regain the 200 EMA again.
🔥 I'll keep this simple, we're at a pivot point, if bulls can manage to keep us from falling and losing the ascending channel then they can use it as a support and that'll help us push for higher prices. We did manage to hit that 0.537 before retracing so if we can pull back up, I'd expect it to give us a fight with 0.54 being the main battle. We break that and we could possibly see a breakout should we form that higher high for the last couple days.
🔥 Another case is that we lose the 200 EMA, we fall below and out the ascending channel and fall hard by which I'd refer to the horizontal levels we have to test for support and resistance levels should that happen.
🔥 Said this idea was gonna be quick and I have to get ready for work so we'll leave things there, simply wanted to come back to our chart and go over a couple things we're looking at currently. I know it ain't much but I simply wanted to make a quick follow up for now and we'll do a deeper technical analysis for our next idea.
🔥 Anyway, thanks for joining me for a bit, appreciate all of you guys as always! Here's to a good future for crypto. As always, many blessings till next and Keep tuned for more.
~ Rock '
XRP tries to breakout !XRP / USDT
Xrp tries to breakout after 7 years long accumulation phase
Currently Looks good a accumulation zone for the midterm / long term
Best of wishes
What is next for XRP? I will give you a new XRP idea from the longer time frame zoomed in to the small time frame.
This XRP on the 3 monthly timeframe.
After a huge rally in 2017 we made a first wave and we started to consolidate, at first we don't know what will happen but when time goes on we create a pattern. In this case we created a huge triangle formation. In my opinion this will lead us to continuation to the upside. I believe that we will create a second wave and after that we consolidate again. If this happens then we know that the consolidation takes about 7 years and the bullish wave up to 1 year. To understand the charts we need to look at history and it often repeats itself.
The triangle formation is coming to a end so the market needs to make a decision anyway. If we do break bullish out of this range then a bullish projection would be between 8 and 15 dollar, within a time frame of 1 year. If we can break 0.94 we don't have much resistance left to ATH.
Your patience will be tested to its coreJust a slightely different view from my previous idea keeping short term target and bottom around 0.25 cts.
$XRP - Hardcore accumulation/price action (2013-2024)CRYPTOCAP:XRP has, in my opinion, one of the most hardcore price actions and charts in crypto history.
In stocks and crypto, the more a coin or stock disillusions, the more likely it is to surprise.
The price of CRYPTOCAP:XRP historically was characterized by “failed pumps”, where the price shot upwards making it look like it would go in search of new ATH, but bounced sharply before the last high returning to the original entry, killing a lot of longers along the way.
CRYPTOCAP:XRP only drew 3 ATH in 11 years of existence. And most people abandon coins that are slow to take off. But in the universe of price action probabilities - and it's my opinion - the more a price action disappoints, the greater the probability that it will surprise. Because organically, the greater the accumulation, the greater the bullish or bearish violence of the breakout.
My CRYPTOCAP:XRP hotspots for swing long buying are:
0.48 usd
0.30 usd
0.24 usd
0.12 usd
The points of interest for selling:
1.5 usd
3 usd
24 usd
$XRP - The mother of all longsCRYPTOCAP:XRP has been trapped inside a triangle since 2017 and has been accumulating ever since. Price average has been moving higher while everything between 0.30 and 0.48 is strong demand zone.
Unless Crypto Market goes to zero, is highly doubtful that CRYPTOCAP:XRP price can go anymore lower than 0.48-0.40 usd without experiencing strong upward rejection.
I'm accumulating CRYPTOCAP:XRP here and I have a good long entry at 0.48 usd.
Could XRP/USD bounce from here?Price is falling towards a support level which is a pullback support that aligns with the 50% Fibonacci retracement and could potentially bounce from this level to our take profit.
Entry: 0.5212
Why we like it:
There is a pullback support level which lines up with the 50% Fibonacci retracement.
Stop loss: 0.5065
Why we like it:
There is an overlap support level.
Take profit: 0.5493
Why we like it:
There is a pullback resistance level.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
XRP in Monthly chart.Hello
Please take time and read my idea.
I want to discuss about XRP.
As you know there are many controversial topics about this coin but for me as a chartist, what is important is its waves and movements.
What I see is a long-term correction that might be a triangle which happens in a time-consuming situations. Another considerable point is the sub-waves of this correction (probably a triangle) which are mostly WXY waves and you that this type of correction is time-consuming. The last but not the least, I can see releasing MACD and RSI peaks in this rage that might have a significant signal for us.
Overall, I think this symbol is collecting enough liquidity for a huge jump.
The alternative scenario is the break out of lower boundary and recored lower lowers that must not change our strategy to invest in this brilliant symbol. If it happen we will discuss about the best entry level then.
Thanks
XRP - HISTORY ABOUT TO REPEAT?XRP price action has been boring to say the least though the charts speak volumes. 7 years of accumulation about to explode with so many positive catalysts building up. If history were to repeat itself I would expect a monster wick down before any substantial directional move to the upside. This will most likely happen on the SEC ruling. That said, the dip should be very short lived, and then its off to the races. Its all about utility.
These are my levels.
📈 XRP AND THE ASCENDING CHANNEL 📈🔥 Hey hey, hope everyone's having a chill night, wanted to come through with a quick late night post on XRP and our ascending channel.
🔥 In the last idea we added this descending channel, that ended up pulling XRP down and hitting support at 0.492, I haven't added any horizontal levels so price is still adhering to the levels. So with everything that's happened we've got the local low of 0.492 and that high of 0.55. I've set alerts for those two points for reference.
🔥 I've added two horizontal channels as well as two defined black lines with labels to highlight, point out our ascending channel that's formed the past couple days, gives us some reference and insight onto what's happened, what we're looking at.
🔥 Personally, I would recommend adding in the ascending channel, drawings, can help us keep track of things, especially being that we're at this crossroad now with that 200 EMA, we've already had one slip down into the horizontal channel below. Should we end up losing that 200 EMA and reenter the channel I'll be watching the ascending channel's support line. If we lose that, chances are good that we'll continue further. Should that happen I'll look to the horizontal levels and 0.492 for support if we end up really falling.
🔥 I'll end the idea here for now, said it'd be a quick one and that's that, at least now we have some things we can use and refer to for reference and keeping an eye on things. It's been a positive week though for XRP alongside the S&P and a lot of the market so I'm looking forward to see how things play out this week, especially with the SEC's approval today of Ethereum ETF's in a historic push for crypto!
🔥 Thanks for joining me as always, I appreciate you guys so much and wish nothing but the best till next, thanks for keeping tuned!
Best regards,
~ Rock '
XRP to $0.70XRP to $0.70?
Xrp bounce on support.
Currently at $0.52 and potential to $0.70.
Stoch Rsi = Bullish
Rsi = Neutral > Bullish
Macd = Neutral > Bullish
XRPETH hits lowest level EVER -99.28% from ATHIf you were holding XRP for multiple cycles, sorry for your loss! This recent false breakout was invalidated as we head into the Ethereum ETF decision coming for Van Eck's Spot ETF.
XRP and the US Coinbase Trader Participation GapCoinbase 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 is most likely to take precedence over the global data, and due to that, I have plotted an ABCD on the left chart that ignores all the non-US data and only includes the data in which the US was involved in. Doing this ends up making our ABCD PCZ a 1.13, which lands just under 1 dollar. As typical, the profit target for such a pattern would be back to the level of C, so in this case, around 20 cents, which would fill the US Gap.
XRP Price Action Looks to be Setting up for a Rise to 2 DollarsWe 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 trading within in a massive macro consolidation wave structure on much higher timeframes and I have projected could take XRP up to as high as $120.94 whenever XRP truly decides to get going which can be seen here:
Clarityhere 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.
XRP cool opportunity🚀
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 entry points for traders looking to capitalize on the impending breakout.
💰 Profit Targets: 0.93 - 1.23 - 1.57 - 1.89 - 2.8 💰
Once XRP breaks out of the triangle pattern, we anticipate notable price movements. Set your profit targets at 0.93, 1.23, 1.57, 1.89, and 2.8 to secure gains at various levels.
🛑 Stop Loss: Below 0.13 🛑
As with any trade, risk management is crucial. Place your stop-loss orders below 0.13 to protect your capital in case the market moves against us.
Remember, trading involves risks, so always perform your own analysis and use risk management strategies. Stay informed, stay disciplined, and seize the opportunities!
Happy Trading! 🚀
Thanks for Your attention 🫶
Always sincerely with You, Kateryna💙💛
Potential bullish rise?XRP/USD has broken out of a resistance level which is a pullback resistance and could potentially rise to our take profit.
Entry: 0.5216
Why we like it:
There is a pullback resistance level.
Stop loss: 0.5065
Why we like it:
There is an overlap support level.
Take profit: 0.5600
Why we like it:
There is a pullback resistance level.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
XRPUSD we still looks weak and very bearish to my eyes XRP/USD seems to maintain a bearish sentiment based on recent chart patterns, particularly noting the formation of a bearish engulfing candle in the last month. This specific candlestick pattern typically indicates a potential reversal of the prior trend, suggesting a shift towards a more bearish outlook in this case. Traders and analysts might interpret this as a signal of continued downward pressure on XRP's price in the near future.Considering the current market dynamics and historical price behavior of XRP/USD, it's plausible to argue that the 0.40c and 0.20c levels could serve as key support levels in the future. These levels have demonstrated significant price action and psychological importance in the past, often acting as areas of strong support during periods of price retracement or consolidation. If XRP were to experience further downward movement, traders and investors might look towards these levels as potential areas for price stabilization and potential buying opportunities. Monitoring price action around these key levels could provide valuable insights into the strength of support and potential future price movements for XRP/USD. stay put
Update on convergence point.It appears that Xrp is still following the same trendlines. The convergence is delayed and clearly this could be a last ditched effort in making people sell their treasured Xrp bags. Whatever you do... don't give up and hodl that little bit longer.
Xrp is still trending upwards in these lows and we can see where it's headed. Time is running out for the lllooonnnggg-ass manipulation of Xrp. They can't keep it at these prices for much longer as we can see.
The trend is your friend.. until it's not, but in this case everything is still on schedule.
Don't give them your Xrp!
