XRP progressing with its correction.
Ripple. XRP is more clear with its triangle wave 4. Still a lot of room to clear within it.
XRPUSD trade ideas
XRP is COOKEDThis short idea is brought to you by harecapital nothing more to say but scam. I’ll be more professional at the bottom
Xrp - The New +400% Bullish Triangle!Xrp ( CRYPTO:XRPUSD ) is creating another bullish triangle:
Click chart above to see the detailed analysis👆🏻
Despite the recent rally of +300% on Xrp, this crypto coin is still totally bullish. However at the moment, Xrp is starting to reject a quite significant all time high resistance level. We could see another drop lower from here before bulls will take over again and eventually create new highs.
Levels to watch: $2.0, $10.0
Keep your long term vision,
Philip (BasicTrading)
Let's go XRPHoping to stay sideways, the longer the better. So far the move appears to be a set of threes in a contracting manner, anticipating an ABCDE triangle and a continuation UP!
In for a short here looking to add to my core long around 1.5I dont typicallyshort cryptocurrencies however based on where I want to add to my core XRP holding I'm sorting down to my first area of interest to add to.
Trading is simply taking calculated risk I'm happy with this risk.
You must too ask yourself the same question always.
Have a great weekend.
XRPUSD showing signs of support at 2.15 with possible 2.70Alongside the pennant, the market sentiment and volume movements for COINBASE:XRPUSD all point to a strong rally between now and in the upcoming days:
entry discount at or below 2.14
exit targeted to 2.60 and up
XRP BUY at .63 Cents I predicted XRP at 38 cents Now if the monthly candle closes below the white line ($1.98) then price will continue to drop possibly to 63 cents before it reaches a new high. This is my fav crypto and I believe this coin can somedays be ranked #2 or even #1 crypto in the world due to the extremely low fees and FAST transactions!
XRP: Testing the Strength of the BullsXRP holds steady near 2.29, consolidating after a strong rally. The market now faces a pivotal moment as it tests key levels for the next breakout or breakdown.
🔥 FinCaesar’s Analysis:
Resistance:
2.30: Immediate resistance. A breakout could push XRP to 2.50.
2.80: Next major target for bulls.
Support:
2.20: Critical short-term support. A break below could lead to 2.00 or lower.
1.80: EMA 200, the last stronghold for bulls.
🔥 Momentum Indicators:
MACD: Turning neutral, signaling indecision. A move is brewing.
Volume: Lack of strong conviction suggests caution.
FinCaesar’s Strategy:
Buy: Above 2.30 for targets of 2.50 and 2.80. Confirm with strong volume.
Sell: Below 2.20 for targets of 2.00 and 1.80. Prepare for potential weakness.
"The battlefield is set. Victory favors those who act decisively." — FinCaesar
XRP 2 day 2021 TOP COMPARED TO NOW. Downside target of triangle would be around $1.00
Upside target of breakout would be around $3.50
Either way we have a great swing trade ahead.
The comparisons are very similar.
Be careful out there guys and good luck.
XRP $7-$13Conservative targets based on Fib 4.236 of wave III of V and wave 2 of 5 lead to $7 and $13, respectively. These targets are part of wave 3 of 5 and the V wave.
XRP Price Target
XRP closed below the higher low but has yet to confirm closing at the low of the higher low. Once that is done, the price target will be $1.00.
Xrp - The First Of Two Massive Breakouts!Xrp ( BITSTAMP:XRPUSD ) is still creating bullish structure:
Click chart above to see the detailed analysis👆🏻
Despite the overall crypto market weakness Xrp is still holding and even rejecting the lower support trendline of the symmetrical triangle pattern. Xrp also created another short term triangle within the long term triangle, so two major breakouts might happen pretty soon.
Levels to watch: $0.6, $1.0
Keep your long term vision,
Philip (BasicTrading)
XRPUSD Monthly Chart: Elliott Wave Analysis and Key PatternsOn the monthly timeframe, here’s my analysis based on Elliot Wave Theory and observable patterns:
Identifiable Pattern:
The chart appears to form a 5-wave Elliott Wave structure, consistent with a motive wave (impulse). This structure typically aligns with the principles of an overall bullish trend.
Wave Count (Elliott Wave Theory):
1. Wave 1:
The initial sharp rally (early price action).
Represents the first major bullish move.
2. Wave 2:
A corrective phase following Wave 1, marked by a sharp retracement to a support level.
Retraces but does not exceed the start of Wave 1.
3. Wave 3:
The strongest and longest rally, breaking previous resistance levels.
A sharp breakout confirms strong bullish momentum.
4. Wave 4:
A consolidation or pullback phase after Wave 3.
Does not overlap with Wave 1 (as per Elliott Wave rules).
5. Wave 5:
A final rally, potentially ongoing, with price aiming to exceed Wave 3’s high.
Potential Correction:
After the 5-wave pattern completes, an ABC corrective wave (3 waves) typically follows. This chart does not clearly show whether the ABC correction has fully formed yet, but there are hints of prior corrections between the waves.
Additional Observations:
Golden Ratio/ Fibonacci Levels: The pattern aligns closely with key Fibonacci retracement and extension levels, suggesting adherence to Elliott Wave principles.
Bullish Continuation: If the current price action completes Wave 5 and breaks key resistance levels, the broader uptrend could resume after a correction.
This chart shows a classic Elliott Wave structure and could suggest further bullish momentum if the pattern plays out as expected.
Xrp - Another +100% Pump Is Starting!Xrp ( CRYPTO:XRPUSD ) is sill just getting started:
Click chart above to see the detailed analysis👆🏻
Xrp is so far perfectly following the repetition of cycles after we saw a beautiful breakout candle of November with an insane move of +280%. Looking at previous behaviour, it is now actually very likely that Xrp breaks the previous all time high and continues its strong rally.
Levels to watch: $3.0, $5.0
Keep your long term vision,
Philip (BasicTrading)
What if Santa is REAL?!Hear me out.
Santa is coming this year.
Let's assume that the correction is over for the Christmas' sake, in a simple ABC zigzag, and we the low set at $1.9 was the local low.
Right now, we could be simply in the beginning of the final impulse in 2024.
From my point of view based on the subwave count, we could be waiting for a wave (3) of the intermediate degree to take out the ATH.
How confident can I be in this scenario and the Santa rally?
Not so much. Unless BTC retakes 100K, stabilizes around there, and the dominance relaxes to allow the altcoin market to breathe, I'd still assume we are range bound in a wedge.
$XRP, It only goes up from here.As you can see. We just hit a support zone in this consolidation zone.
This is Bullish! Especially in the current bull market!
Christmas day shenanigans.Seems to me Xrp is creating a falling type pattern appearing to revert back to support area at $2. It looks like it's bringing us right to the forefront of Christmas day ✝️
We might wake up Christmas morning with Santa 🎅 putting presents 🎁 under the Xrp Christmas tree 🎄
Make sure to leave cookies 🍪 and milk 🥛 out and be all time high ready cos Santa's got a big bag for you all!!
*pay attention and let's see what happens*
XRP next moveOnce xrp breaks out of the flag we will see a heavy buying pressure. Because of this the price should surge to around the $3.50 mark. Once this target is hit it will be a good time to decide whether you want to sell or buy even more.
Inverse H&S still in Play with previous Similarities showing. GM & Afternoon Everyone! XRP 1h has been bouncing between the 2.17 & 2.19 supports. We may see XRP visit 2.59 then get rejected and find support around 2.47. Inverse H&S also still in play. We also are showing similarities between Nov 22 - 24 on the chart. I share what I see. Not financial advice. I do not have a crystal ball. Cheers & have a wonderful day!
Thanks,
-Higher_State
Sharing the trendLooking ahead, analysts have varying predictions for XRP's future value. Some forecasts suggest that XRP could reach between $5 and $7 in the first half of 2025, driven by its current momentum and advancements in Ripple's technology.
BARRON'S
Please note that cryptocurrency markets are highly volatile, and past performance does not guarantee future results. It's essential to conduct thorough research and consider multiple factors when evaluating potential investments.
