XRP Next TPs; $4.50, $5.50 and $7.50Next TP based on X-to-X Flag Breakout is around $4.50
Subsequent TP based on Fibo 1.618 and 2.618 Extensions are at around $5.50 and $7.50
respectively
Xrp-usd
All things looking bullish for XRP Trump+Alt Season+Gary ResignsPattern Recognition:
The chart identifies a "Flag" pattern, which is a continuation pattern indicating a pause in the uptrend before resuming. The flagpole represents the initial strong upward move, followed by consolidation within the flag pattern, and then a breakout.
Ichimoku Cloud:
Kijun-sen (Blue Line): This line represents the baseline and is calculated as the average of the highest high and lowest low over the past 26 periods.
Tenkan-sen (Red Line) : This line is the conversion line, calculated as the average of the highest high and lowest low over the past 9 periods.
Senkou Span A (Green Line) : Part of the future cloud, calculated as the average of the Tenkan-sen and Kijun-sen, plotted 26 periods ahead.
Senkou Span B (Orange Line) : The other part of the future cloud, calculated as the average of the highest high and lowest low over the past 52 periods, plotted 26 periods ahead.
Chikou Span (Purple Line) : The lagging line, which is the current closing price plotted 26 periods back.
Cloud Interpretation:
The price breaking above the cloud (Kumo) is generally a bullish signal. The cloud represents support and resistance levels.
If the price is above the cloud, it indicates a bullish trend. If it's within the cloud, it's a consolidation phase, and if below, it's bearish.
Breakout:
The price has broken out of the flag pattern upwards, which is confirmed by the breakout label. This breakout should be viewed in the context of the Ichimoku cloud.
Volume Analysis:
Volume spikes during the breakout phase can confirm the strength of the move. High volume on the breakout specifically on the Daily chart suggests strong buying interest.
Tenkan-sen and Kijun-sen:
When Tenkan-sen crosses above Kijun-sen, it's a bullish signal (golden cross). Conversely, a cross below is bearish (death cross).
Technical Analysis Summary:
Trend: The overall trend appears bullish, with the price breaking out of a flag pattern and moving above the Ichimoku cloud. This suggests strong momentum.
Ichimoku Signals:
Bullish Signals: The price above the cloud, Tenkan-sen above Kijun-sen, and Chikou Span above past price action suggest bullish momentum.
Resistance and Support: The cloud now acts as a dynamic support level. If the price dips into the cloud, it might find support there.
Potential Targets:
Using the flag pattern's flagpole length for projection, the price could aim for higher levels. However, the Ichimoku system doesn't provide exact price targets but guides on trend direction and momentum.
Risks:
A failure to sustain above the cloud could lead to a pullback into the cloud or even below, indicating a potential trend reversal or correction.
Strategy:
Entry: For traders using Ichimoku, entering on a bullish breakout above the cloud with additional confirmation from other indicators (like volume) could be considered. Alternatively, waiting for a pullback to the cloud or Kijun-sen for a safer entry might be prudent.
Stop Loss: Placing a stop loss below the cloud or significant support levels within the flag pattern can manage risk.
Take Profit:
This could be based on the projected move from the flagpole or where the price encounters next resistance, possibly where the future cloud might be. More or less it depends very much on ones own strategy.
Conclusion:
The chart with the Ichimoku indicator suggests a strong bullish outlook for XRP/USD, with the price currently above the cloud and a breakout from a flag pattern. However, traders should watch for potential pullbacks to key Ichimoku levels for optimal entry points and risk management. Always consider broader market conditions and any news or events that might impact cryptocurrency prices.
Bearish drop?XRP/USD has just reacted off the resistance level which is an overlap resistance that lines up with the 61.8% Fibonacci retracement and could drop to our take profit.
Entry: 0.4759
Why we like it:
There is an overlap resistance level which aligns with the 61.8% Fibonacci retracement.
Stop loss: 0.4859
Why we like it:
There is a pullback resistance level.
Take profit: 0.4637
Why we like it:
There is a pullback support 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.
Bearish drop?XRP/USD is reacting off the resistance level which is a pullback resistance and could reverse from this level to our take profit.
Entry: 0.4939
Why we like it:
There is a pullback resistance level of 61.8% Fibonacci retracement.
Stop loss: 0.5034
Why we like it:
There is a pullback resistance level.
Take profit: 0.4769
Why we like it:
There is a pullback support 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.
Bullish rise?XRP/USD has reacted off the support level which is a pullback support that lines up with the 161.8% Fibonacci extension and could potentially rise from this level to our take profit.
Entry: 0.4875
Why we like it:
There is a pullback support level that aligns with the 161.8% Fibonacci extension.
Stop loss: 0.4755
Why we like it:
There is a pullback support level.
Take profit: 0.5078
Why we like it:
There is an overlap 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.
Bullish bounce?XRP/USD is falling towards a support level which is an overlap support and could bounce from this level to our take profit.
Entry: 0.5058
Why we like it:
There is an overlap support level.
Stop loss: 0.4879
Why we like it:
There is a pullback support level which lines up with the 161.8% Fibonacci extension.
Take profit: 0.5377
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.
Could XRP/USD bounce from here?Price is falling towards a support level which is an overlap support that lines up with the 61.8% Fibonacci projection and could bounce from this level to our take profit.
Entry: 0.5058
Why we like it:
There is an overlap support which aligns with the 61.8% Fibonacci projection.
Stop loss: 0.4833
Why we like it:
There is a pullback support level which aligns with the 100% Fibonacci projection.
Take profit: 0.5414
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.
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.
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.
Heading into 50% Fibonacci resistance?XRP/USD is rising towards a resistance level which is an overlap resistance that aligns with the 50% Fibonacci retracement and could potentially reverse from this level to our take profit.
Entry: 0.5239
Why we like it:
There is an overlap resistance level which lines up with the 50% Fibonacci retracement.
Stop loss: 0.5396
Why we like it:
There is a pullback resistance level.
Take profit: 0.5062
Why we like it:
There is an overlap support 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.
Potential bullish rise?XRP/USD has just bounced off the support level which is a pullback support and could potentially rise to our take profit.
Entry: 0.4835
Why we like it:
There is a pullback support level.
Stop loss: 0.4626
Why we like it:
There is a pullback support level.
Take profit: 0.5239
Why we like it:
There is an overlap resistance level which aligns with the 50% Fibonacci retracement.
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.
Potential bullish bounce off pullback support?XRP/USD is falling towards a support level which acts as a pullback support that aligns with the 100% Fibonacci projection and could potentially bounce from this level to our take profit.
Entry: 0.4747
Why we like it:
There is a pullback support level which lines up with the 100% Fibonacci projection.
Stop loss: 0.4512
Why we like it:
There is a support level at the 127.2% Fibonacci extension.
Take profit: 0.5239
Why we like it:
There is an overlap 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.
Chop, 15min chartScalp long, then short then long, then short then to mars
We’re not done chopping yet, this coin is building some support above $0.50.
However judging by past movements we could, (will probably still see) the spike down along with BTC before takeoff.
Right now we are just scalping but we’re getting down to the limit where you’ll wish you invested more in XRP over the years as we will most likely never see $0.50 again.
I imagine a push up to the purple line before some resistance. And pull back to $0.53 area or a bit lower. (Even $0.28 isn’t out of the question)
After that a strong push to $0.80 then possible a massive sell off like back on NOV, 3rd or 16th in 2017
After the sell off a tap to an absolute low (DEC, 6th, 2017) then the sky is the limit.
All of this is not FA but keep in mind we could still not have the retracement and push up to $0.80 and beyond this is just my thinking.
Good luck and have fun with it
Just an ideaJust an idea, you can see Xrp went for $0.1665 to $0.5000
Then snapped back to $0.0085 before ripping up to $3.50
Always watching this coin because we all see it’s huge pontential, with BTC making a pattern to drop and black rock trying to control the market, I imagine we could see a sharp push up to collect, followed by a heavy retracement down before take off.
Currently sitting on the side waiting for confirmation of entry, but what we have seen in the past before Xrp takes off is a quick wick down then too the moon.
Currently sitting around $0.55 we could see a break downward if it doesn’t hold, however if it does hold we could see a push up collecting before a sharp retracement before take off.
Good luck and have fun with it
XRP: The Conundrum According to Matthew Dixon (@mdtrade), the CEO of Evai, an AI crypto rating platform, XRP could be in for some turbulent times. Dixon is an investment trader and financial expert, and his analysis suggests that XRP’s future could be a mix of highs and lows closely tied to the performance of Bitcoin.
Dixon presented his prediction using a daily XRP chart, highlighting a distinctive 5-wave pattern that XRP has followed since the victory recorded by Ripple in mid-July.
XRP began its first wave when it experienced a substantial 73% price surge to $0.93 on July 13, only to retreat from those heights. The drop to $0.69 marked the end of Wave 1.
The second wave came shortly after the first, as indicated by Dixon’s chart. This wave followed a recovery period that began after XRP’s dip to $0.69, eventually reaching $0.84 to mark the end of Wave 2.
Sadly, XRP could not keep the bullish momentum and succumbed to bearish pressure after hitting $0.84. The price plummeted from $0.84 in July to $0.42 in August, ending Wave 3 and marking a 50% decline in just one month.
XRPUSD playing out like a google search trendXRPUSD playing out like a google search trend. this is not FA. This is lines on a chart. this is not FA. This is a screenshot from the future sent by a buddy of mine in the future PEPPERSTONE:XRPUSD
✨✨✨NEW: XRPUSD (3W) ✨✨✨— BSO @ 0.7025 ⏳
— BLO @ 0.4900 ⏳
— SUPPORT @ 0.4115
⚠️ TREND
— Momentum: Big Picture Uptrend
— Price Action: Downtrend Retracement
— CounterTrend: NO (moderate risk trade)
Xrp bullish, passed first trend ray.Bullish trend still in play, passed the first trend ray,weekly bullish candles, possible chance to test the next trend ray line. I have resistance around 0.78 before hitting the 0.9 range. If it retests and stays bullish possible play at 1.38 where previous head and shoulders on a weekly time frame played out
Xrpusdt 🚀Hi everybody,
Here is my analyse about XRP:
Like you can see on the graph, XRP is likely to breakout and ready for his 2nd pump after the positieve report in case against winning the lawsuit to the SEC.
55-65$ could be in playThe crab harmonic pattern will create a bigger wave 3 on higher timeframes with a lot of fluctuation in between.
XRP Futures ( XRPUSDT ), H4 Potential for Bullish ContinuationTitle: XRP Futures ( XRPUSDT ), H4 Potential for Bullish Continuation
Type: Bullish Continuation
Resistance: 0.44329
Pivot: 0.36708
Support: 0.29693
Preferred case: Looking at the H4 chart, my overall bias for XRPUSDT is bullish due to the current price crossing above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect price to continue moving towards the overlap resistance at 0.44329.
Alternative scenario: Price may head back down to retest the pivot at 0.36708, where the 38.2% Fibonacci line is.
Fundamentals: There are no major news.
XRPUSD Potential for Bullish Rise| 19th January 2023Looking at the H4 chart , my overall bias for XRPUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market.
Looking for a pullback buy entry at 0.36901 , where the 38.2% Fibonacci line is. Stop loss will be at 0.30000, where the recent swing low is. Take profit will be at 0.44792, slightly above where the 61.8% Fibonacci line and overlap resistance is.
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Next Daily Chart Candle Will Decide the XRP TrendChart Pattern: Descending Triangle
The descending triangle is constructed with a flat support line and a downward-sloping resistance line and It usually gives us a STRONG BEARISH SIGNAL...!!!
e can see the beautiful descending triangle on the Daily chart time frame. The descending triangle is constructed with a flat support line and a downward-sloping resistance line and It usually gives us a STRONG BEARISH SIGNAL...!!! but we should wait for the next candle to break the support or resistance line and decide its trend.
RSI at all major time frames also indicates that the market has strong potential for fall, so I'm 90% sure that the upcoming trend will be bearish but again it is good to wait for a break out/down.
