Get started

XRP / TetherUS

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

XRPUSDT trade ideas

XRP/ USDT: Poised for breakout above trendline resistance XRP/USDT: Poised for a Breakout Above Trendline Resistance XRP/USDT is setting up for an exciting move 📈 as it edges closer to a critical trendline resistance zone 📊. The price has been consolidating tightly, creating an ideal scenario for a potential breakout 💥. If the breakout occurs, we could witness a strong bullish rally unfold 🚀. Stay vigilant 👀 and wait for confirmation before entering a position. Key Insights: 1. Trendline Resistance: XRP/USDT is nearing a significant trendline that has acted as a barrier in the past. A break above this level could trigger a strong upward movement. 2. Volume Surge: Monitor trading volume during the breakout. A significant spike can confirm strong buyer momentum 🔥. 3. Bullish Indicators: Momentum indicators like RSI and MACD are currently trending positively ⚡, supporting the potential for a bullish breakout. Steps to Confirm the Breakout: Look for a clear 4H or daily candle close above the trendline 📍. A notable increase in volume during the breakout is crucial to validate buying pressure 📊. A successful retest of the broken trendline as a new support zone strengthens the breakout's credibility ✅. Be cautious of fake breakouts, including sharp reversals or wicks above the trendline ⚠️. Risk Management Strategies: Implement stop-loss orders to protect your capital 🔒. Ensure position sizing is consistent with your trading plan 🎯. This analysis is for educational purposes only and not financial advice. Always do your own research (DYOR) 🔍 before making investment decisions.
Long
by Crypto-By-Ghazi
1
Falling Wedge (4-H)Hi there, Just posting an update to my recent BINANCE:XRPUSDT analysis, the price has seemed to form a falling wedge on the 4-hour timeframe. I believe that we will see a bounce at around $2.00 level with the target being $2.34 - RSI seems to be just touching oversold region. As for the bullish pennant that is still currently being formed on all timeframes including longer ones, I am expecting the target to be $4.96 possibly touching $5.00 XRP is still looking healthy and is still respecting the ascending support and descending resistance of the symmetrical triangle. Thank you for taking the time to view my analysis, feedback would be greatly appreciated.
Long
by mithianmee
Analysis of XRP/USDT Chart:Analysis of XRP/USDT Chart: Key Observations: Current Trend: The chart shows a retracement phase after a significant rally, consolidating within a range between $2.00–$2.40. Lower highs and retests of order blocks suggest cautious bullish sentiment, with potential for further downside before continuation. Key Technical Zones: Bullish Order Block (OB): Around $2.10–$2.13: This zone aligns with a discount price range and has previously acted as a strong demand area. Likely to attract buyers again. Bearish Order Block (OB): Around $2.40–$2.70: This resistance zone suggests strong supply pressure. For upside continuation, price needs a decisive break above this level. Fair Value Gap (FVG): There is a gap around $2.15–$2.20, indicating inefficiency in price action. This could be a magnet for price to revisit and fill before further movement. Fibonacci Retracement Levels: The retracement aligns with key levels: 50% Level: Around $2.15. 61.8% Level: Around $2.00, coinciding with structural support and a bullish OB. Possible Entries: 1. Bullish Entries: Zone: $2.10–$2.13 (Bullish OB): Look for bullish price action confirmation (e.g., rejection candles or a strong rally) at this level. Stop Loss: Below $2.00 (to avoid false breaks). Target 1: $2.40 (Bearish OB resistance). Target 2: $2.70 (next resistance). Zone: $2.00–$2.05 (Deep Discount Zone): If price overshoots the OB, this deeper zone aligns with the 61.8% Fib retracement and prior structural lows. High-probability entry for long trades. 2. Bearish Entries: Zone: $2.40–$2.70 (Bearish OB): Look for bearish confirmations, such as rejection patterns, to short from resistance. Stop Loss: Above $2.70. Target 1: $2.15. Target 2: $2.00. Probability Scenarios: Bullish Continuation: If price holds above $2.10, a breakout above $2.40 is likely. This could lead to a rally toward the next significant resistance at $2.70–$3.00. Probability: Medium (Requires bullish macro catalysts). Bearish Retracement: If price breaks below $2.10, expect a deeper retracement toward $2.00 or lower, aligning with Fibonacci support and prior OBs. Probability: Medium-High (If market sentiment or macro factors remain weak). Range Consolidation: If price remains between $2.10–$2.40, consolidation could continue until a breakout is triggered by macro or technical factors. Probability: High (Current structure suggests indecision). Macro and Sentiment Drivers: Market Sentiment: Bullish sentiment in the crypto space (e.g., Bitcoin rally) will likely support XRP's upward movement. Negative sentiment, such as SEC-related developments or broader market corrections, could drive XRP lower. Regulatory News: Any updates on Ripple's legal battles (e.g., SEC cases) will strongly impact price. Adoption and Partnerships: Positive news about Ripple’s adoption by financial institutions or cross-border payment networks could boost price. Broader Crypto Market: Watch Bitcoin dominance and altcoin performance. XRP tends to follow broader market trends during strong bullish or bearish phases. Recommendation: Bullish Bias: Enter at $2.10–$2.13 or $2.00–$2.05 with a tight stop loss and targets near resistance zones. Bearish Bias: Look for rejections at $2.40–$2.70 to short with targets near $2.15 or $2.00.
by TalkativeJuan
RSI EMA VWMA Long-Only Strategy (Updated)RSI EMA VWMA Long-Only Trading Strategy This script is a fully adjustable long-only trading strategy designed to help traders identify profitable entry and exit points based on the Relative Strength Index (RSI), Exponential Moving Average (EMA), and Volume Weighted Moving Average (VWMA). The strategy is straightforward, yet powerful, combining trend-following and momentum-based indicators for enhanced decision-making. How It Works Entry Criteria (Buy Signal): A long trade is triggered when the RSI crosses above the lower threshold (e.g., 39) while the EMA is trading above the VWMA. This combination ensures that trades are initiated in favorable momentum and trend conditions. Exit Criteria (Sell Signal): Profit Target: The strategy automatically exits a trade once the price increases by the user-defined profit target percentage (e.g., 0.74%). Stop Loss (Optional): To limit risk, the strategy includes an optional stop loss feature (e.g., 3%). RSI Exit: Additionally, the trade is closed if the RSI crosses above the upper threshold (e.g., 78), indicating overbought conditions or reduced momentum. Key Features Indicator-Based Entries and Exits: Combines RSI (momentum), EMA (trend-following), and VWMA (volume-weighted trend) for highly effective signal generation. Fully Adjustable Parameters: RSI Period: Number of periods for RSI calculation (default: 6). Lower RSI Threshold: Determines when a buy signal is triggered (default: 39). Upper RSI Threshold: Determines when a trade is exited due to overbought conditions (default: 78). EMA Period: Number of periods for the EMA calculation (default: 8). VWMA Period: Number of periods for the VWMA calculation (default: 35). Profit Target (%): User-defined profit target to automatically exit trades (default: 0.74%). Stop Loss (%): Optional feature to exit trades when the price moves against the position by a certain percentage (default: 3%). Visualizations: Plots RSI values and threshold lines for easy interpretation. Displays EMA and VWMA trends for visual confirmation of the trend-following logic. Highlights buy signals with green triangles below the bars on the chart. Alerts: Built-in alerts for buy signals, making it suitable for webhook integrations or notifications. Use Cases Scalpers and Day Traders: This strategy is ideal for short-term traders who need precise entry and exit signals. Trend-Following Traders: By combining EMA and VWMA, the strategy ensures trades align with the prevailing market trend. Risk-Averse Traders: The inclusion of a stop loss and profit target allows for disciplined risk management and consistent results. Tips for Optimization Backtesting: Use TradingView’s Strategy Tester to evaluate performance across different timeframes and assets. Optimize parameters like RSI thresholds, EMA/VWMA periods, and profit targets to match your trading style and market conditions. Pair Selection: The strategy works best on trending assets with good volatility and liquidity. Risk Management: Ensure the stop loss and position sizing align with your overall risk tolerance. Paper Trading: Before live trading, test the strategy in a simulated environment to confirm its effectiveness. Disclaimer This strategy is shared for educational purposes and should not be considered financial advice. Always backtest thoroughly and trade with caution. Past performance does not guarantee future results. Adjust the parameters to suit your trading preferences and risk tolerance.
Long
by PPonBIN
XRP/USDT 4H Timeframe AnalysisXRP/USDT 4H Timeframe Analysis Trend Analysis: In the 4H timeframe, the XRP/USDT pair is currently in an uptrend, having reached an all-time high of $2.90. However, a bearish engulfing pattern has formed, followed by the creation of lower lows and lower highs, indicating a shift in market sentiment and the emergence of a ranging market. We have identified minor key resistance at $2.50 and a minor key support zone, with a recent breakout of a trend line at $2.40. After the breakout, buyers placed buy orders in this key area, suggesting a potential long position. However, our bias is that this is merely an accumulation stage following a large volume order in this area. We anticipate some manipulation from the downside, which may lead the price toward our liquidity zone. Price Action Expectation: Our objective is to wait for a significant manipulation move that could liquidate some buyers' stop-loss positions placed within our liquidity zone. After this, we will look for the price to return to the previous resistance level. Trade Setup: Trade Type: Buy Stop Entry Price: 2.5090 (just above the resistance after breakout) Stop Loss: 2.3740 (positioned below the minor support to protect against adverse movements) Take Profit: 2.9000 (targeting the next major resistance level) Fundamental Outlook: Impact on XRP/USDT: The upcoming developments regarding the SEC's legal battle with Ripple are crucial for XRP's price action. The SEC faces a pivotal appeal deadline on January 15, and the departure of Chair Gensler raises hopes for Ripple and XRP investors. Potential Positive Outcome: If the SEC withdraws its appeal, XRP’s price could target its all-time high of $3.55, significantly boosting bullish sentiment. Potential Negative Outcome: Conversely, if the SEC's filing leads to unfavorable outcomes, XRP could slide toward the $1 mark, impacting our bullish outlook.
Long
by RebornFXTrader