XRPUST trade ideas
XRP - Swing Trade Hey Guys,
XRP was stuck in a triangle pattern, but now it has broken out, so we may see a good bounce in the coming days.
See chart for more understanding..!!
Disclaimer: I am not financial Advisor, This is my opinion I am some guy on the Internet...!! Crypto market is highly volatile, Do your own research and jump into the trade.
XRP, long termnot investment advice.
XRP, the billion dollar story is still so potential
The yellow line below is the hardest support, dividing XRP into downtrend and uptrend frames. Have you seen anything yet? XRP has broken out of the yellow line and turned bullish.
This wave 3 will most likely push XRP all the way up to the $4.5 mark. Sell point areas are points where XRP will be released and you can trade short-term in these areas. For detailed articles about XRP, we will update in the next articles. Good luck
$XRP is showing signs of preparing for a breakout.Ripple isn't just targeting $2.0; it's also setting its sights on a new all-time high in this bullish market.
• 2 years of accumulation
• Utilized by major financial institutions
• Rapid & cost-effective
It's high time for CRYPTOCAP:XRP to awaken and ascend to new heights!
XRPUSDT in parallel Channel and bullish on chart long buyTechnical Analysis:
1. Backtesting within the last 7 days shows that there are no specific patterns observed in the MACD, RSI, BOLL, and KDJ indicators.
2. Backtesting within the last 30 days also does not show any specific patterns in the MACD, RSI, BOLL, and KDJ indicators.
3. The current price of XRP is $0.5794, with a 24-hour price change of +4.62% and a 7-day price change of +5.58%.
4. The BOLL support price is $0.5693, and the BOLL resistance price is $0.5883.
Fundamental Analysis:
1. XRP is the currency that runs on the RippleNet payment platform, which aims to enable instant monetary transactions globally.
2. The total supply of XRP is 100,000,000,000 tokens, with a circulation supply of 45,404,028,640 tokens.
3. The market capitalization of XRP is $32,044,348,010.
4. The current trading volume for XRP is $73,202,253.74.
Based on the technical analysis, there are no specific patterns observed within the last 7 and 30 days. As for the fundamental analysis, XRP is a digital payment platform that facilitates instant monetary transactions globally. The current market capitalization and trading volume indicate the popularity and liquidity of XRP.
Please note that this analysis is based on the provided data, and it is recommended to conduct further research and analysis before making any investment decisions.
Risk Disclosure: Predictions are for reference only, not investment advice. Investing involves risks; please make decisions cautiously.
XRP : Potential Bullish Reversal at Key Support Levels 💎 XRP is currently approaching the supportive trendline of an ascending channel, which also aligns with a key support level and a bullish Order Block (OB) zone, enhancing the likelihood of a bullish reversal from this area.
💎In the event that XRPUSDT breaks below this support level, it would be prudent to wait for the price to reach the next support zone, which was previously a resistance area and is now expected to act as support.
💎However, if XRPUSDT demonstrates panic selling and breaks down below all support levels, it would be wise to refrain from entering trades. Such price behavior often accompanies significant news events or market shifts, suggesting a high level of uncertainty that may not be conducive to profitable trading. Therefore, it is advisable to exercise caution and wait for clearer market conditions before considering any entries.
XRP : Booked a profit of 9.21% on the invested capitalIn light of the looming recession across various countries globally, I don't feel that holding onto a speculative asset class like crypto at the moment is a good idea. Therefore, I've decided to book profits and move the funds to some other asset class like stocks until the headwinds clear.
I'll consider a re-entry if prices crash to cheaper valuations, but only after assessing the macro and microeconomic factors at that time.
Please find attached any previous posts regarding the same position for reference.
XRP : Took a position for about 0.665% of the net capitalAlthough most of the crypto coins are in over-valued levels from a technical analysis perspective, XRP seems as if in a good value level. So took an entry from the bottom of the ascending channel targeting the channel high for a profit of about 57% on the invested capital.
Will consider adding on to the position if the price crashes to the starting levels of the ascending channel.
XRPUSDT IDEAUPDATE
Formation of the Falling wedge pattern in 1D time frame.
Breakout can lead 40-45% Bullish move.
COIN DETAILS
The live price of XRP is $ 0.518332 per (XRP / USD) with a current market cap of $ 28.25B USD. 24-hour trading volume is $ 767.48M USD. XRP to USD price is updated in real-time.
XRP Analysis: Potential Bullish Breakout from Descending Channel💎 XRP has rebounded from the demand area and is currently attempting to break out of the descending channel, which suggests a potential bullish scenario. To increase confidence in this upward movement, we need to see significant bullish candles.
💎For confirmation, we're looking for a candle closing above the small resistance level of 0.5411. A breach of this level could indicate further upside potential, with targets near the next resistance levels of 0.6237 and 0.6596.
💎However, if XRP retraces back to the demand area, we may see another bounce. Trading near the demand area carries risk, so caution is advised. A breakdown below this area would signal continued bearish control over XRP.
An overview of the marketAn overview of the full crypto market with my perspective , its my first time recording a video and trying to explain people through a video , Hope you all appreciate and I will try to make it better the next time.
I showed the CRYPTOCAP:TOTAL3 (alt market cap) , and you areas to NOT take trades on , and areas to EXIT / TAKE PARTIAL / TAKE PROFIT on and the areas to OPEN LONG positions.
I also discussed CRYPTOCAP:BTC.D (BTC Dominance) , and showed you how I expect the money flow in alts from BTC , money flow from BTC to alts doesn't mean that BTC will fall nor does the area I marked as target for the BTC dominance shall be achieved , there are many supports to break , with each support I will try to update you all , these are merely short term Ideas over the full crypto market.
Discussed CRYPTOCAP:ETH.D , BINANCE:ETHBTC & CRYPTO:ETHUSD and showed targets for them and where to expect corrections.
ETH , I believe we are going to have a run to 3k before any big correction.
Discussed some alt coins to hold and showed 2 large cap coins to have spot bags in which are
CRYPTO:DOGEUSD & CRYPTO:XRPUSD
Hope the basic knowledge and update I wanted to provide to you was understood clearly despite being with my background noise and not having proper setup for the video lecture , I will try to do better with each video.
Thankyou All ! Trade safe and be safe. 💚
xrpusdt long xrpusdt Long /Short Entry with Exit Points ,Follow The Chart Support /Resistance For Swing Trades For Maximum Gain ,Scalp tp are (3-4 Days) Tp /Entry(support ) -exit (resistance) Are Mentioned In Chart
i m bullish on xrp ,bullrun target is ultra mega tps 5$ ,10$,22$
Important: Always Use Low Lev Never Gamble N Greed .
XRP Weekly Chart Analysis: Bullish or Bearish?
BINANCE:XRPUSDT has been trading sideways within a tight range between $0.64 and $0.68 for the past few weeks, leaving investors wondering whether the crypto is consolidating for another bullish leg up or preparing for a potential breakdown. This article will analyze the technical indicators, support and resistance levels, and overall market sentiment to provide a comprehensive outlook for XRP in the coming weeks.
Technical Analysis:
Price: $0.6854 (as of 10 December 2023)
Trend: Neutral to slightly bullish
Technical Indicators:
RSI: 52.42 (neutral)
MACD: Histogram is above the zero line, indicating a potential bullish trend.
Stochastic oscillator: Both lines are above 50, indicating overbought conditions.
The technical indicators on the weekly chart present a mixed picture. The RSI remains neutral, suggesting that there is no strong buying or selling pressure in the market. The MACD histogram is above the zero line, indicating a potential bullish trend, while the stochastic oscillator is in overbought territory, suggesting that a pullback may be imminent.
Support and Resistance:
Support: $0.64, $0.62, $0.60
Resistance: $0.68, $0.70, $0.72
The chart shows several key support and resistance levels. If XRP breaks below the $0.64 support level, it could lead to a further decline towards $0.62 or even $0.60. Conversely, a break above the $0.68 resistance level could trigger a rally towards $0.70 or even $0.72.
Fundamental Analysis:
Ripple Labs: Ripple Labs, the company behind XRP, continues to develop its blockchain-based payment network. Recent partnerships with major financial institutions could drive adoption and demand for XRP.
Regulation: The ongoing SEC lawsuit against Ripple Labs remains a major overhang on XRP's price. However, a recent court ruling could pave the way for a favorable outcome for Ripple.
The fundamental picture for XRP is mixed. While the company continues to make progress, the regulatory environment remains uncertain. The outcome of the SEC lawsuit could have a significant impact on XRP's price in the future.
Sentimental Analysis:
Social media: Sentiment towards XRP on social media is generally positive, with many investors optimistic about its future.
News articles: Recent news articles have been positive, focusing on Ripple's partnerships and technological advancements.
Surveys: A recent survey suggests that a majority of investors believe XRP will reach $1.00 by the end of 2024.
The sentimental analysis of XRP is positive, suggesting that investors are increasingly optimistic about its future prospects.
Prediction:
Based on the technical, fundamental, and sentimental analysis, here is a potential outlook for XRP in the coming weeks:
Short Term:
Trading range: $0.64 - $0.68
Potential breakouts:
Above $0.68: $0.70, $0.72
Below $0.64: $0.62, $0.60
Long Term:
Overall trend: Bullish
Potential price targets:
End of 2023: $0.75 - $1.00
End of 2024: $1.00 - $2.00
Disclaimer: This is not financial advice. Please do your own research before investing in any cryptocurrency.
Additional Notes:
The price of XRP is highly volatile and can be affected by a number of factors, including the overall cryptocurrency market, news and events related to Ripple Labs, and regulatory developments.
It is important to remember that past performance is not indicative of future results.
XRPUSDT Finance {Long position}I see a liquidity accumulation from below. I plan to witness its depletion and then, after the formation of a CT (change of trend), anticipate a long and confident upward movement towards the point of interest. Without the formation of a CT as shown on the chart, I will skip the trade and enter only on the reversal.
Low risk
Normal RR
Use 3-5% of deposit
XRP/USDT: Cracking the Rising Wedge - Stay Alert!💎 Paradisers, zoom in on XRP/USDT on the 1-hour chart. It's sketching out a rising wedge pattern. At the moment, it's hovering near the demand zone and the supportive trendline, potentially ensnaring some traders.
💎 Historically, it's bounce back from supportive trendline about five times. This could hint at a robust foundation for XRP, making it a contender for long-term considerations. If XRP/USDT manages to take support, we're eyeing ascents to resistance points at 0.5648 and possibly 0.6177. However, a dip below the 0.4492 demand zone might signal a descent towards 0.41111 and 0.3588.
💎 Word on the street is that there's some XRP-related news circulating. It's crucial to keep these levels on your radar and stay nimble, ensuring you seize every opportunity. Navigate wisely, ParadiseSquad!