Phemex Analysis #96: Pro Tips for Trading Ripple (XRP)Since our previous analysis on XRP , Ripple’s native token [ PHEMEX:XRPUSDT.P ] successfully broke above the significant $2.45 resistance level, subsequently establishing a higher low around $1.90 on June 22nd. Encouragingly, XRP has surged 10% over the past two days, once again decisively breaking the $2.45 barrier, and is currently trading at around $2.57.
Given XRP’s recent bullish performance and evolving market dynamics, let's explore several potential scenarios that traders should closely monitor.
Possible Scenarios
1. Continued Bullish Momentum (Breakout Scenario)
If XRP maintains its current bullish strength, it’s likely to break above its recent high at $2.65. Such a breakout would signal strong buying interest and may push the price further toward the resistance zones at $2.96 and $3.12.
Pro Tips:
Entry Strategy: Consider entering or scaling positions upon confirmation of a breakout above $2.65, supported by increased trading volume.
Profit-Taking: Strategically take partial profits as XRP approaches the next resistance levels at $2.96 and especially $3.12 to secure gains effectively.
2. Rejected by Strong Resistance Levels (Pullback Scenario)
While the recent rally is promising, broader market conditions currently exhibit limited bullish momentum, indicating caution. XRP may face strong selling pressure at resistance levels like $3.12, leading to a potential price rejection.
In this scenario, XRP could retreat to establish a higher low above the important support at $2.15.
Pro Tips:
Buying Opportunities: Long-term investors might consider gradually accumulating positions if XRP forms a confirmed higher low above the critical support zone around $2.15.
Patience: Wait for clear stabilization signs at support before increasing positions, rather than rushing entries during active retracements.
3. Consolidation within Defined Range (Neutral Scenario)
XRP might enter a period of price consolidation, oscillating between support at $1.91 and resistance at $2.65. This scenario is common when market sentiment is uncertain or awaiting clearer directional cues.
Pro Tips:
Grid Trading Strategy: Utilize grid trading bots to profit systematically from predictable range-bound price movements. Initiate Long Grid bots near support at $1.91 and Short Grid bots near resistance around $2.65.
Stop-Loss: Always set clear stop-losses outside the consolidation range, ensuring protection against unexpected breakouts or breakdowns.
Conclusion
Ripple (XRP) currently offers compelling trade opportunities across different market scenarios. By closely monitoring bullish breakout signals above $2.65, potential pullbacks toward $2.15, and consolidation opportunities within $1.91–$2.65, traders can strategically position themselves to capitalize effectively while managing risks prudently. Always maintain a disciplined approach, pay close attention to broader market trends, and carefully execute trades based on well-defined scenarios.
🔥 Tips:
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Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
XRPUSDT.P trade ideas
XRP is setting up fake bull flag ! SHORT TO USD 0,30 The meaningless bullish formation seen specifically for XRP is actually a big trap. This big bullish pennant formation that is being drawn is actually a big trap. I expect a very clear short position in XRP along with ETH.
This is a personal study for educational purposes. It is never investment advice. Please do your own research.
XRP hourly timeframe updateRipple CEO Brad Garlinghouse will testify at a July 9 U.S. Senate Banking Committee hearing on crypto market structure. This comes alongside proposed legislation to clarify SEC/CFTC jurisdiction over tokens like XRP, potentially resolving its multi-year regulatory limbo. Markets are pricing in reduced litigation risk after Ripple’s recent moves to integrate RLUSD stablecoin with institutional platforms like Hidden Road
XRP | Bearish Divergence Emerging Despite Price SpikeXRP has seen a 4% price spike over the past seven days, but under the surface, momentum is showing signs of weakness.
The Chaikin Money Flow (CMF) indicator has been trending downward, currently sitting at 0.02 and threatening to dip below the crucial zero line. This forms a bearish divergence—where price continues to rise while buying pressure fades.
The CMF, which gauges the strength of capital inflows and outflows, turns bearish when it falls below zero, signaling distribution and declining investor confidence. Although XRP’s CMF hasn’t crossed into negative territory just yet, the downtrend suggests weakening accumulation.
If this trend persists and fresh demand fails to step in, a bearish reversal could be on the horizon. Traders should keep a close eye on CMF behavior over the coming sessions.
Ask ChatGPT
XRP $2 Support Updated, Tested 12 Times & When BullishThere is one number, a price level, that defines XRP's current situation. Either bearish or bullish depends on this number: $2.
As long as XRPUSDT trades above $2, we know the bulls have the upper hand and the bullish bias is confirmed.
If XRPUSDT moves and closes below $2, we know the bulls are losing momentum, the bears are gaining the upper hand and lower prices are possible.
What is the current situation?
XRP continues to trade above $2 and this price continues to be left behind, meaning, the bulls are winning.
Before 7-April, this level was tested over and over, again and again. After 7-April, only two challenges and the last one, 21-June, ended as a perfect bullish hammer. Now the action is moving higher toward resistance, growing not lower. $2 has been confirmed as support.
Now that support has been confirmed, we can expect additional growth. It can take some time, maybe a few days but the bulls are in control.
It can take some time, not that long, the market has been sideways for more than 7 months. This is a long-time and no more is needed. The consolidation period just reached its end.
The final low happened late last month, Crypto is set to grow; XRP will be doing great in a matter of days. Closer than anything you can think or expect, next week can be boom, sellers are exhausted. People are back to work.
Thank you for reading.
We are about to experience a growth explosion.
Namaste.
XRP rise to 2.32 or total surge to 2.52 or back to 2.15....Hello Losers and Winners, I am Bob, long time TV ideas listener first time poster here goes:
XRP has been capitulating for maybe three days now between price 2.20 - 2.225-ish price. I see need for XRP to reduce itself to 2.15 (local cme) then to hopefully bounce and hopefully in coming 24 hrs. Alternatively stays capitulating or even bumps from here, who knows, it is a completely unpredictable coin and I love it so. (but for that reason you need bets either way):)
XRP Breakdown Ahead? Don’t Get Caught LongYello, Paradisers! Are you about to fall into a classic trap on XRP? The signs are stacking up, and if you're not careful, this move could catch a lot of traders on the wrong side of the market.
💎XRPUSDT is showing clear signs of weakness. A bearish CHoCH (Change of Character) has formed, and an inverse Cup & Handle pattern is currently playing out. On top of that, price action has decisively broken below the key support trendline. These signals together significantly increase the probability of a deeper bearish move in the coming days.
💎From the current price level, XRP is offering a 1:1 risk-to-reward setup. While this may attract more aggressive or short-term traders, the safer and more strategic approach is to wait for a proper pullback before entering. That would allow for a more favorable risk-to-reward and confirmation of the trend direction, reducing the likelihood of being caught in short-term noise.
💎It’s also crucial to watch the invalidation level. If XRP manages to break back above that zone and close a candle above it, this would invalidate the current bearish idea entirely. In such a case, it's better to stay patient and wait for clearer price action before making any decisions.
🎖Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
XRP Fundamental Drivers:
Growing institutional interest, including potential ETF approvals, is boosting sentiment.
Macro tailwinds such as a weakening US dollar and easing Federal Reserve rate expectations may support crypto prices, including XRP.
XRP’s role in cross-border payments and partnerships continues to underpin its use case.
THIS COIN HAS FUTURE.
#XRP
XRP : ETF...Hello dears
Considering the good growth we had, you can see that the price is stuck in a long-term range and has not managed to break it yet...
We must be prepared for any scenario, so the best thing to do is to buy stepwise, of course with capital and risk management.
Note that this analysis is on a daily time frame and may take a while, so if you are not patient, do not enter.
*Trade safely with us*
#XRPI would look for a 1.80 1.90 low but don’t count on dipping much below 2 usd if at all. Set buy targets from 1.60’s up to low 2.00’s like 2.13
As much as I hate to admit it the XRP is truly an army not to mention that chart looks super strong esp with fed rate cuts coming within the year or t least announce a new fed chair
XRP - This is one of many great opportunitiesXRP is reaching a solid level of $2.1.
I believe this level will attract investors for the following reasons :
Technicals :
After breaking the main resistance trendline, XRP is now reaching a solid support level presented in green.
Price action :
- In accumulating since Jan '25
- Resisted to last market dumps
Beyond technicals :
- Very strong community
- Real services and strong team
Market sentiment :
The investors are now looking for a strong asset to invest in. They may switch their alts to any coin that shows strenght. For now, XRP is on the top list.
Recap :
- Risks : bad news from the team , whales dumping , ...
- Main Target : $4
- Reward : near 100%
BITSTAMP:XRPUSD COINBASE:XRPUSD BYBIT:XRPUSDT.P CRYPTOCAP:XRP KUCOIN:XRPUSDT
XRP is making moves!Will it break $3, or drop back to $2? Previous Cycles showed that a correction might be next in line for the crypto market as a whole. Which means, if it happens, altcoins will get affected a lot...Do not get shaken out, after the correction expect a huge rally, but for now...it might be a perfect point to secure some profit.
Not investment advice.
#xrp #bitcoin #crypto #short #analysis
Xrpusdt 4hr time frame bullish iH&SComing from bearish 1st tp area (fib 1.217) from our previous bearish activated pattern " " and now invalidated is a bullish strong move on my POV, as the majority of shorters are taking their profit at the nearest support as sign of fear making a new trend and now formed a bullish ih&s pattern.
Targets are 2.45, 2.6 and 2.8. currently trading above 100 and 200 daily ma which is sign of good bullish move.
Pattern invalidation if closes below 2.15.
XRP COIN NEXT VIEW Good Day 🌞 Folks i hope all of you are earning well 🥰
Am Still holding my #Xrp🔥🔥 CRYPTOCAP:XRP my next week View on Xrp price soon will jump above $3 so am just holding as of now ❣️🙏🏻 let's see what's next ✌🏻 those who are holding will get great 😃 opportunity to succeed. In below 👇🏻 mentioned chart 📉 you can see my holding trade still waiting for another Rocket 🚀 #xrp
#XRP/USDT#XRP
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading towards a strong breakout and retest.
We are experiencing a rebound from the lower boundary of the descending channel, which is support at 2.11.
We are experiencing a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend.
We are looking for stability above the 100 Moving Average.
Entry price: 2.16
First target: 2.20
Second target: 2.24
Third target: 2.28