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Xrpbullish

50 cent ...No I'm not talking about the rapper... I'm talking about Xrp price. I believe Xrp will begin heading back up towards a dollar now and these may be the final moments of Xrp hovering around 0.50 cents. So we may never see these prices ever again. It's all in the charts and from what I can see with the trendlines, Xrp should be at or above 0.70 cents by late January or February. If not triggering the beginning of the bullrun. It's all coming to ahead so buy now if you hadn't already done so. It'd be strange if you ain't stocked up by now. This has gone sideways for way too long.
BITSTAMP:XRPUSDLong
by Immortalsouls
Launchpad formation____________Xrp still bouncing off this support line. This is still the same support zone that goes all the way back to 2021 straight after Xrp had gone up to $2.00. And no doubt forming a launchpad into the next bullrun. When Xrp fell below this support in 2022, it acted as resistance whilst Xrp gradually trended upward. We also see below that upwards trendline lower highs were formed supporting the increase in price action back to the support zone. We had the recent big breakdown below this yearly support zone, then we pushed back up above the trendline and here we are back on this crucial support zone that used to be resistance. This is why I now call it the launchpad to a new all time high. Expect no less than 0.70 cents by February or something bigger to occur.
BITSTAMP:XRPUSDLong
by Immortalsouls
Is it time???Just wanted to point out that the length of this huge convergence point in Xrp's chart has gone on much much longer than anticipated. If you take a look at the all time high and extend that to the next extreme high that Xrp had. We're talking from December 2017 (bullrun) to April 2021 (highest price). If we extend that timeframe from the April 2021 date all the way to now leading up to the present end date of September 2024, we'll have doubled that timeframe from all time high to most recent high. I'm expecting big things for 2024, and we're only just getting started!
BITSTAMP:XRPUSDLong
by Immortalsouls
Australians before $1 priced out of XrpNot only are we getting close now to USD seeing the final moments being under 1 dollar per Xrp, but Australians are now at a pivotal moment in history where Xrp will never be under a dollar again very soon! There is only 10 cents USD difference between the lowest point buy to the highest point buy before Australians will not be able to buy under 1 Australian dollars again. 0.66 USD (cents) equals $1.00 dollar per Xrp for Australians. Why am I doing this chart? It's because I'm from Australia and giving our fellow Aussies a heads up before it's too late to buy under a dollar ever again. It's becoming a tight squeeze in this range. There's 6 cents USD to the buyout point to 0.66 cents and there's 6 cents to the lowest point buy being at the current price of 0.60 cents USD. Basically don't wait if you want these cheap XRP tokens because time is of the essence!
BITSTAMP:XRPUSDLong
by Immortalsouls
10
XRP → Ripple Target Set to $0.75!? Let's Maximize Your Profits.Ripple has its sights set on the Resistance Zone at a price range of $0.715 to $0.75! We're currently breaking out from the Bull Channel to the upside. Do we long now? How do we trade this? 🤔 If you're going to long, Do it at the close of this 4HR candle in 30 Minutes! The best place to long would have been a couple of candles ago when the price was at $0.63 to $0.635, giving us a 1:3 Risk/Reward. A long now could still render a 1:2 Risk/Reward which is still reasonable! However, the position size needs to be smaller to accommodate the larger distance to the Stop Loss. Zoom into the 4HR chart and look for this candle to close in about 35 Minutes. If it closes above the Bull Channel, enter a long and set your protective stop below the Daily 30EMA. Go for a 1:2 Risk/Reward Ratio which sets a Take Profit target around $0.72. Be prepared to take profits once we approach the Resistance Zone, look for Bear signal and confirmation bars that tell us the move is over and it's time to exit! 💡 Trade Idea 💡 Long Entry: $0.6533 🟥 Stop Loss: $0.6200 ✅ Take Profit: $0.7200 ⚖️ Risk/Reward Ratio: 1:2 🔑 Key Takeaways 🔑 1. Bull Channel, Bias to Long! 2. Price is currently breaking out, Target Resistance Zone. 3. Forming a Cup pattern, likely going to retest previous High. 4. RSI at 65.00 and above Moving Average, Bias to Long. 5. Target 1:2 Risk/Reward, Stop Loss below 30EMA. ⚠️ Risk Warning! ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and comment if you found this analysis useful!
Long
by TraderEngineering
8
XRP → Quick Dip Before The Rip!? Let's Maximize Your Profits.Ripple is currently in a slight bull channel inching its way back up to the $0.64 resistance level. Will XRP break it here or fall down to the $0.58 range before breaking through? How do we trade this? 🤔 XRP is in a bull channel, which means our bias should be long until the pattern is broken. We should be seeking a strong bull signal and confirmation bar toward the bottom of the channel, somewhere in the $0.60 range. Set a protective stop around $0.58 and a take profit at 1:2 Risk/Reward, a reasonable setup for a chart like this. Do not be premature about entering the market, wait for the bars to close and enter when the confirmation is in to maximize probability. 💡 Trade Idea 💡 Long Entry: $0.60 🟥 Stop Loss: $0.58 ✅ Take Profit #1: $0.68 ⚖️ Risk/Reward Ratio: 1:2 🔑 Key Takeaways 🔑 1. Bull Channel, Bias to Long! 2. Wait for the price to bounce at Channel Support. 3. If Price Breaks Resistance, Wait for Test of Support. 4. RSI at 53.00 at Moving Average, Indecision. 5. Target 1:2 Risk/Reward at bottom of Channel. ⚠️ Risk Warning! ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and comment if you found this analysis useful!
Long
by TraderEngineering
New Year price drive!Here I have circled the end of a convergent zone for Xrp which typically will drive the price above 0.50 cents come New Year 2024. There basically will be no room to the downside and initially the potential to the upside is inevitable. Risk to reward comparison is being driven into the green and the sellers will be weeded out. So not much substantial time left for the sellers. No wiggle room left for profit margins in shorts. So be of good cheer cos this is potentially the last moments (last few months) we'll ever see Xrp under 0.50 cents again.
BITSTAMP:XRPUSDLong
by Immortalsouls