XRPUSD trade ideas
XRPUSD-The Upside is not DoneGiven that at the current moment of writing this short thesis XLM is roughly 10,94% up. This is important because XRP is highly correlated to XLM price movements. Given that XRP has not yet moved ,is it presumptuous to think it will follow suit with a similar upside move. The outcome of the ongoing court is still holding the imminent parabolic move. The recent Fed commentary by Jerome Powell that banks are ready to serve their clients with crypto offerings was indeed a positive stance, so this means institutional investors are coming on board therefore expect a high influx in the billions of dollars.
Summary : Buy/Long
Entry = Current Price (3.12440)
Entry 2 = 3.21514
Target = 3.61227
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Foreign Capital
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XRP | Bull Flag ContinuationPrice action successfully holding up above liquidity after breaking out from $2.80
As this retest develops it looks like we're forming a bull flag for a continuation towards $4.35 and then to see another rip onwards on the high side of the parallel channel with a second target of around $5.50.
XRP Price Manipulation! UP? or DOWN?Will the price of XRP be going up or down? Here is some top down analysis showing multiple ranges and confluences, including a major 7 year long flag being confirmed!!! The weekly shows a push up which is a higher high, it could continue pushing up with the possible coming news of market regulation, the possible US Digital Currency Reserve which may possibly include XRP among BTC and other coins. The daily shows 2 bull flags, the first being confirmed a bull flag as the chart pushed up, and now we are currently on the 2end bull flag where there has been manipulation of price, there was a jump down and up of about .50+ cents which ended up making a complete V pattern and bouncing right back up after to where it previously was. Now on the 4h there is more potential manipulation.
What do yall think will happen? Will price move up or down? Whats the timeframe? Whats the fundamental news timeframe.
Thank You
XRP Traders - Hang Tight on Thursday and FridayThis week has proven pivotal for the USD, with significant developments on the horizon. The Federal Reserve is set to convene tomorrow (January 30, 2025) to discuss interest rates, in light of former President Trump's persistent calls for rate cuts. Simultaneously, the European Central Bank will also hold a crucial meeting. These high-stakes discussions are expected to ripple into the cryptocurrency market, potentially impacting XRP values. Remember, maintain your composure and hold your positions steady.
EUR/USD is down 1.2% from Monday's high above 1.0500
AUD/USD has dropped 1.4% so far this week
NZD/USD is down 1.2% this week, falling back below 0.5700
Stay Strong - Don't Let the Whales Take Advantage of You!A lot of traders were freaked out over the 14% drop in XRP on the 26th/27th of January. I published an idea saying to buy XRP on this dip, that it was only whales taking out the nervous retail traders. This is exactly what happened. Large whales were able to purchase XRP for $2.80 to $2.70 and they didn't even say thank you as they gobbled up the cheap XRP. Hang tough and XRP will make you very happy over the next few years.
XRP/USD: Continuation of Bullish Momentum Towards 3.3901 In this analysis, I entered an XRP/USD trade at 2.8887, utilizing Smart Money Concepts (SMC) and inducements for precise direction and entry timing. My trading framework combines multiple timeframes to ensure alignment with market structure and intent.
XRP/USD: Holding Gains, But Resistance Remains🔥 FinCaesar Strategy:
🩸 Short: Below $3.05, targeting $2.95 and $2.80. A break below this level could signal further downside as MACD momentum weakens.
🩸 Long: Above $3.12, aiming for $3.25 and $3.50. Bulls need to reclaim this level with strong volume to confirm the uptrend continuation.
🔥 FinCaesar Commands:
🩸 Resistance: $3.12 — Breaking this level could accelerate bullish momentum toward $3.25 and $3.50.
🩸 Support: $3.05 — Losing this level may result in a pullback to $2.95 or lower.
XRP is holding strong within an uptrend, but recent price action suggests consolidation before the next move. MACD is recovering from a slight bearish divergence, indicating a possible breakout. Bulls need to push above $3.12 for confirmation, while bears will attempt to defend key support.
👑 "The battlefield rewards those who strike with precision." — FinCaesar
XRP's Next Move: Targeting 3.7-3.8 or Plummeting to 2.30?If XRP breaks 3.14, we aim for 3.21, 3.38, then possibly 3.7-3.8. But, if it drops below 2.90, watch out for 2.50 and then 2.30.
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Kris/ Mindbloome Exchange
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Xrp - Two Digits After The Breakout!Xrp ( CRYPTO:XRPUSD ) is about to break out:
Click chart above to see the detailed analysis👆🏻
Just three months ago we finally saw the overall expected symmetrical triangle parabolic breakout on Xrp. However Xrp is now retesting the previous horizontal all time high resistance. With all the bullish momentum a breakout is very possible, leading to two digits.
Levels to watch: $2.5, $10.0
Keep your long term vision,
Philip (BasicTrading)
XRP bullish wedge pattern update.XRP is kicking butt and taking names. After my previous post, XRP broke sharply to the downside along with the broader crypto markets, sweeping all the liquidity below the current bullish wedge pattern in which it is trading, then reversing course and quickly returning to the equilibrium zone. If you weren't bullish on XRP before that downside move, you should definitely be bullish now. A recovery of that magnitude in such a short window of time is EXTREMELY BULLISH!
I would not be surprised if we see a bullish move to the upside in short order.
Good luck, and as always, use a stop loss!