XRPUSD.P trade ideas
#XRP AWAITING TRIANGLE BREAKOUT#XRP has formed another triage and a breakout to the upside would mean touching the resistance at $1.29 which it'll most likely fly past so the next target would be $1.70.
If XRP breaks down, have no fear! A pull back is overdue which will most likely touch our bullish trendline around $0.95 - $1.00.
The market is currently in an indecisive state, awaiting some news which may tigger a move in either direction.
Trade carefully and manage your risks!
XRP:The Cryptocurrency Leading the Post-Election Rally in the USSince Donald Trump won the US election, cryptocurrencies have experienced a remarkable rally. Within this boom, XRP (Ticker AT: XRPUSD), the token of the company Ripple, stands out as one of the most benefited, with a revaluation of 137.97% since the elections, surpassing even Bitcoin, which advanced 36% in the same period.
What is XRP?
XRP is a cryptocurrency designed to facilitate fast and low-cost international transfers between digital assets and Fiat money. It uses a decentralized network that allows transactions in a matter of seconds, compared to the lengthy times and high costs of the traditional financial system. This feature makes XRP especially relevant in the global transaction arena, positioning it as an innovative tool in the financial sector.
Ripple, the company behind XRP, has been embroiled in legal proceedings with the U.S. Securities and Exchange Commission (SEC) for years. Although an initial ruling determined that XRP was not a security under certain conditions, the SEC has appealed, maintaining uncertainty about its regulatory future.
Factors behind its recent rise
Donald Trump's victory has boosted the positive perception towards digital assets. His promise to create a strategic reserve of bitcoins and foster a favorable environment for cryptocurrencies has generated optimism. Also, the possible change in the SEC leadership could soften regulatory policies towards this sector. I had already been reporting that I wanted to fire Gary Gensler, the SEC director selected by the Biden administration and absolutely aggressive in his regulation of cryptos. Gensler took over 100 actions against crypto companies during his tenure at the helm of the commission. This would not oust him but rather relegate him to the grade of independent agency commissioner, given that the chairman has no such firing power. Basically Gensler has pushed the industry in the direction of regulatory compliance, even though not all of these have been to everyone's liking.
Another key factor has been the recent application by 21Shares to launch an XRP ETF, a move that could increase institutional adoption and consolidate its position in the market. It is also important to highlight that Trump in his victory stated that he wants to create a Bitcoin Strategic Reserve to pay off government debt and it would not be unusual for this to happen with El Salvador being the first case study of a country that has implemented such a state reserve. This could boost companies like MicroStrategy as CryptoFans say: “To The Moon”, and already this firm has skyrocketed its share price since the rise of the Bitcoin price to over 90 thousand USD.
Evolution and outlook
From $0.37-0.50 before the election, XRP has reached $1.1813 as of today, overcoming key resistances it had not managed to break since 2021 and July 2023. Although still far from its all-time high of $1.96, this growth reflects an increase in investor confidence. As reported by Bank of America, this increased confidence has been accompanied by a $6 billion flow into cryptocurrencies.
If expectations of a more favorable regulatory environment come to fruition, XRP could continue its uptrend. Moreover, the approval of the XRP ETF would be an additional catalyst to attract institutional capital. However, developments in the court case with the SEC remain a risk factor to consider. It is very likely that Trump will select someone to regulate in favor of the evolution of these types of systems on the Blockchain.
Technical Aspect
Although everything seems to be flowers and gifts for the market with a very bullish trend, if we look at the RSI is oversold at 89.04 this only confirms this increased market confidence. The Checkpoint has long been located at 0.52 so it is very pronounced the current difference, it is clear that looking at the BTCUSD chart this increase is highly correlated. On the 12th of this month a golden crossover was outlined which has currently expanded its price, although the delta zones marked a very strong bearish zone at 0.8482 it was pierced on the 15th with a lot of force and currently the bullish volume presses more strongly than the bearish so it would not be unusual for XRP to continue pushing up to its previous resistance zone in the area of $ 1.40.
Conclusion
XRP is emerging as one of the most promising cryptocurrencies in the current political and economic environment. Its focus on international transaction efficiency and its resilience in the face of regulatory challenges have captured the attention of investors. If expectations of deregulation in the U.S. materialize and its legal issues are resolved, XRP could cement itself as a key asset in the crypto ecosystem.
At ActivTrades, we closely follow the evolution of XRP and its impact on financial markets.
Ion Jauregui - ActivTrades Analyst
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Another look at XRPs historical performaceZooming out, XRP has some strong potential this cycle. As long as we see a break above ATH of $3.60 area in the coming months we could see around the $6.50 mark and with a 2018 repeat as high as $115-$1400 range (which while unlikely this cycle would be insane to see).
Then again with crypto positivity under the new US electives this could be the true supercycle enthusiasts have been waiting for. XLM also seems to be mirroring XRPs current growth.
Either way this year will be a fun one by the looks
Last Time XRPUSD Will Be Under $1! Raise the "Flags"!BITSTAMP:XRPUSD - Bull Flag Prediction
Based on lack of Volume and price falling into a Descending Channel.
The suspected Flagpole from the Low @ .4860 before the Rally to the current High @ 1.26541, suggest a potential 160% increase in price once a Bullish Break confirms the Bull Flag!
First, Price will make a Retracement to the 38.2% Fibonacci Level, testing the July 2023 Highs and the Support of the Descending Channel around .94 - .92 cents.
Added confluence is the Retracement would also be testing the 200 EMA since the appearance of Golden Cross across all Timeframes!
This could be the Last Time BITSTAMP:XRPUSD sees below $1!!
Rallies come in waves, if you missed the first, don't miss this one!!
XRP Has a volume problem and this will bring is back downXRP will go down again very soon. It looks like it broke the prior bull flag that everyone is posting about, but that original bull flag looks to be incorrect based on the volume alone.
This appears to be the correct bull flag, but we will find out in time. Lets remember that BTC pushed up XRP, but once BTC hits 100k its going back down and that will happen before 2024 ends. Once btc dips, xrp will dip back down. Volume doesnt support any bull run on the prior bull flag which is why i expanded the flag to include the new breakout as the top. If volume doesnt pick up big time on XRP, this will be the correct flag. Just becareful as XRP as always been considered the scam coin, and any new adopters buying in now will need to be extra cautious considering how bad the volume is.
Ya,Ya,Ya.....Yes, I know..., I know..., Again! I KNOW!!!
Look I have been through this before and they say you crazy nonsense! However mind where the CoinSlayer ever got the << audacity >>
Truth be told I have been happy counting cash buying things I like and know well. So howdy to all the new booties and be ready to fly fly fly. Hey I remember the day good and bad and I am still here and so are you.!
Having fun actin a fool jumping in the pool enjoying the splash from what's been a hot and dry summer.
No Advice to give just thoughts that I can't shake after the last 8 years in the world of "CRYPTO"
Things 🤷♂️ #Fixed IDK!
🙏 FOR JUST A HEALTHLY PULLBACK!
""KEEP CALM AND MANAGE THY RISK & BALANCE your Senses!""
I am The CoinSLayer 👨💻😈
XRPUSD will continue to PUMP
This chart shows XRP/USD forming a symmetrical triangle pattern, a type of consolidation structure where price moves into progressively tighter ranges. Such patterns often signify a period of indecision before the next big move.
Key Observations:
Symmetrical Triangle:
The triangle consists of lower highs and higher lows, signaling a contraction in volatility.
This type of pattern generally resolves in the direction of the prevailing trend, which, in this case, seems to be upward.
Projected Target:
The chart indicates a breakout scenario aiming for the $1.40 level.
This target aligns with the measured move technique, where the breakout projection equals the triangle's widest part added to the breakout point.
Current Price Position:
XRP is trading near $1.1362, suggesting the price is approaching a decision zone.
A break above the upper trendline of the triangle would likely confirm bullish momentum.
Support and Resistance:
Resistance lies around the triangle’s upper boundary (~$1.20).
Support is near the lower boundary (~$1.10).
Analysis:
Bullish Scenario: If XRP breaks above the triangle, the upward momentum could quickly push toward $1.40.
Bearish Scenario: A breakdown below the triangle would invalidate the bullish setup, potentially sending XRP to retest prior support zones near $1.00 or below.
Considerations:
Monitor for strong volume on the breakout to validate the move. A lack of volume might lead to a false breakout or a prolonged consolidation phase. Additionally, external market factors, such as Bitcoin's movement or macroeconomic events, can impact XRP's trajectory.
Will XRP Price Surpass All-Time Highs Amidst SEC Legal Troubles
The cryptocurrency market has recently been on a rollercoaster ride, with Bitcoin and Ethereum leading the charge. However, another cryptocurrency, Ripple (XRP), has recently stolen the spotlight with its remarkable price surge. The digital asset has seen a significant uptick in value, surpassing the $1 mark, fueled by a combination of factors, including legal victories for Ripple against the SEC and positive developments in the regulatory landscape.
The Ripple vs. SEC Battle and Its Impact on XRP Price
One of the primary catalysts for XRP's price surge is the ongoing legal battle between Ripple Labs and the Securities and Exchange Commission (SEC). The SEC has accused Ripple of conducting an unregistered securities offering by selling XRP tokens. However, recent court rulings have favored Ripple, increasing investors' optimism.
A favorable outcome in the Ripple vs. SEC case could have a profound impact on the cryptocurrency industry as a whole. It could set a precedent for future regulatory clarity and potentially pave the way for wider adoption of cryptocurrencies. As a result, investors have been flocking to XRP, driving its price higher.
Favorable Regulatory Shift and Its Implications for XRP
In addition to the legal developments, many countries worldwide are adopting a more favorable stance towards cryptocurrencies. This regulatory shift is creating a more conducive environment for the growth of the cryptocurrency industry, including XRP.
As more countries implement clear and supportive regulations, it could lead to increased institutional adoption of cryptocurrencies. This, in turn, could drive significant demand for XRP, further boosting its price.
Technical Analysis: A Bullish Outlook for XRP
From a technical analysis perspective, XRP's price chart is displaying a strong bullish trend. The cryptocurrency has broken through key resistance levels and is now trading above its 200-day moving average. This suggests that the bullish momentum is likely to continue in the short to medium term.
However, it is important to note that the cryptocurrency market is highly volatile, and prices can fluctuate rapidly. Therefore, investors should exercise caution and conduct thorough research before making any investment decisions.
How High Can XRP Price Go?
Predicting the exact price target for XRP is challenging, as it depends on a variety of factors, including the outcome of the Ripple vs. SEC case, broader market sentiment, and future regulatory developments.
However, given the current bullish momentum and positive market sentiment, it is not unreasonable to expect XRP to reach new all-time highs in the coming months or years. Some analysts have even speculated that XRP could potentially reach $10 or even higher in the long term.
Conclusion
The recent surge in XRP's price is a testament to the growing interest in the cryptocurrency and the positive developments surrounding Ripple. As the legal battle with the SEC unfolds and regulatory clarity emerges, XRP could continue to outperform other cryptocurrencies. However, investors should approach XRP with a long-term perspective and be prepared for potential price fluctuations.
It is crucial to conduct thorough research and consider consulting with a financial advisor before making any investment decisions.
XRP at a Key Breakout Spot – What’s Next?Hey trading family, let’s keep this simple and actionable. XRP is at a critical level, and the next move could be a big one. Here’s what we’re looking at:
Scenario 1: If we break above $1.18, we could see XRP push to $1.40 and then $1.50 levels.
Scenario 2: If we break below $1.13, expect a correction down to the $0.90-$0.97 range.
This is a classic breakout or breakdown setup. What’s your plan if it goes up, or if it pulls back? Let’s stay prepared and trade what we see.
Like, comment, and share your thoughts below! Got questions or insights? Send me a DM – let’s talk about it.
Mindbloome Trading // Kris
Trade What You See.
My TOP10 project list - pick number 9/10This is my number 1 position since 2017.
I have always believed in this project and have never doubted about it.
Even with all the SEC chananigans my faith was always intact.
I had studied it for years and always known that one day it would be bigger than Bitcoin.
I have always knew that XRP is the one !
The fact that we recently broke the resistance (going back to ATH of 2018) is a very encouraging sign !!
Price is now forming a bull flag just above support (former resistance).
However we are still not out of the wood yet. In September 2016 price had broken out of the bullish wedge (in a similar way) like nowadays. However, it has been followed by a 120 days (3 month) collapse of about -65%, despite the breakout (from a penny to a third of a penny).
On a medium time horizon XRP is ready to go higher. Much higher.
The fact that the XRP bull run has been aborted in December 2020 by the fake law suit will fuel the power of the rise even further.
I see it rise to 16$ in march april 2025 and cross 50$ in october november 2025. I am being willingly conservative.
The time for XRP has come.
Could XRP Hit $500 Monthly Say Yes 🚀 Could XRP Hit $500? Here’s why it’s possible: Beyond the chart telling us that if it exactly mimics its last similar breakout that it will achieve over 500 consider the following
🌍 Global Adoption: XRP could become the backbone of cross-border payments, replacing trillions locked in nostro/vostro accounts.
💸 Utility: Fast, cost-effective, and scalable, XRP is designed for massive transaction volumes.
🔥 Scarcity: Every transaction burns XRP, reducing supply as adoption grows.
✅ Regulation: Legal clarity will open the floodgates for institutional adoption.
📈 CBDC Integration: Ripple’s work with central banks positions XRP as the bridge for global currencies.
📈 Stablecoin Integration: Ripple’s RLUSD stablecoin enhances XRP’s ecosystem, facilitating seamless transactions and boosting demand.
A $500 XRP isn’t just hype it’s the future of global finance. Many do not understand this asset #XRP #Crypto #Ripple #Finance
XRPUSD (Ripple) headed towards 4.00 USD according to technical aAccording to a massive triangle that has been forming for the last 7 years, XRPUSD (Ripple) can go up to 4 USD
Sound $XRP retracement to $0.90Remember that CRYPTOCAP:XRP has rallied over 100% in the last two weeks and if the $1 level is broken, we could see a possible retracement to $0.90. That is normal and a chance to buy #Ripple coin cheap.
It would be advisable to monitor the
BTC $90,000 level and the
ETH $3000 level, which are currently experiencing pressure.
XRP is heading on resistance zonealright will see after what's gonna happen as soon as it can successfully break the resistance.
"XRPUSD: Key Levels to Watch and Navigating Uncharted TerritoryWe appreciate the momentum in XRPUSD, but it’s important to stay grounded and mindful of potential inflection points. Key levels to watch for potential slowdowns or even reversals are $1.34, $1.73, $2.45, and $3.09. These areas could serve as resistance zones based on market sentiment or technical patterns. Once we surpass the all-time high, we enter uncharted territory where price action could become highly unpredictable. This is no man’s land, where caution and strategic planning will be essential to navigate the market dynamics.
XRP TRADE IDEAXRP/USD Trade Idea
Trade Type: Long (Buy)
Potential Entry Zone: $0.93–$0.97 (with $0.95 as the ideal entry point)
Rationale:
This trade is based on a simple price action analysis, with potential support forming between $0.93 and $0.97. The $0.95 level is identified as an optimal entry point due to its alignment with historical price behavior.
Key Notes:
The trade idea does not rely on technical indicators, focusing solely on price levels and supporting market data.
Risk management will be critical, and traders should adjust stop-loss and position size according to their strategy.
Risk Management:
Define a clear stop-loss level based on your risk tolerance and adjust take-profit levels based on evolving price action.
XRP - HYPER BULLISH CASE - CryptoManiac101In this updated chart, the projection highlights an exponential growth curve, modeling a highly optimistic hyper bullish case scenario for XRP. Let's begin?
This projection suggests XRP could embark on a parabolic growth phase, potentially driven by significant catalysts such as regulatory clarity, market adoption and speculative demand.
Bullish Case Extension:
$3.50-$5.00: Earlier projections align with this level being the first target (previous all-time high and beyond).
The chart and fractal suggests that XRP could go beyond $10.00-$25.00 in the mid to long term, potentially driven by mass adoption, speculation, and favorable macroeconomic conditions.
The extended projection indicates that you see on the chart of $50.00-$100.00 could be a theoretical long-term ceiling under extreme bullish conditions, possibly dependent on XRP capturing a significant share of global cross-border payments or/and institutional investment.
Exponential Growth Possibility:
This kind of growth typically occurs during parabolic blow-off tops, similar to what Bitcoin and other altcoins have experienced in previous hyper cycles.
Updated Bullish Case Targets
Timeframe | Projected Price Range | Catalysts
Short-Term | $1.20 - $3.50 | Breakout momentum, key technical resistance
Mid-Term | $5.00 - $25.00 | Adoption growth, institutional involvement
Long-Term | $50.00 - $100.00 | XRP as a global cross-border payment system
Broader bearish trends in the cryptocurrency market could slow or reverse growth and these targets.
Remember that this is not financial advise and is intended for entertainment purposes only.
$XRP retracement possible to $0.90The XRP is approaching the $1 level, which could result in a retracement to 0.9 if the major level is broken.
It would be advisable to monitor the CRYPTOCAP:BTC $90,000 level and the CRYPTOCAP:ETH $3000 level, which are currently experiencing pressure.
Ripple XRP 11-years Super Cycle Is Coming to End!Hello, Skyrexians!
Couple of days ago BITSTAMP:XRPUSD has awaken after 4 years of consolidation. This growth can cause euphoria for XRP holders. Is it pump real or price will go down as usual? Today we will try to give answer in our global forecast.
Let's take a look at the monthly time frame. We can see that the first wave has been finished in early 2013, more than 10 years ago. After that we saw correction and legendary wave 3 which has been finished with the red dot on Bullish/Bearish Reversal Bar Indicator . Last 4 years price is moving sideways, we can interpret it as a correction in wave 4 in shape of triangle. Yesterday this triangle has been broken finishing this correction!
In our opinion XPR now is in the last wave 5 in this first global super cycle. Target for this wave is between $2.5 and $3.8. The second target is more likely because wave 5 in 90% of cases set the higher high than wave 3. We want also you to notice the bullish reversal bar and green dot on the indicator at the end of the subway C. On the monthly time frame this is the strong bullish sign which will likely lead the price to the final target.
Best regards,
Skyrexio Team
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Ripple currency technical analysisAccording to the attached chart, it is estimated that the main waves of the uptrend are black waves, and based on this, I expect wave 4 to end in the displayed range (of course, it must be monitored to calculate the exact point) and then enter wave 5. Of course, the points that must be considered are that we have types of waves 5 and the ascents can be long, and based on Elliott wave data, this value is currently considered, and after monitoring, the ceiling numbers of wave 5 can be corrected.
