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XRP / UST

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XRPUST trade ideas

XRPUSDT UPDATEXRPUSDT is a cryptocurrency trading at $2.4840. Its target price is $3.1000, indicating a potential 25%+ gain. The pattern is a Bullish Pennant, a continuation pattern signaling a potential breakout. This pattern suggests a brief consolidation before a strong upward move. The Bullish Pennant is a positive signal, indicating a potential price surge. Investors are optimistic about XRPUSDT's future performance. The current price may be a buying opportunity. Reaching the target price would result in significant returns. The Bullish Pennant pattern typically leads to a strong upward move. XRPUSDT is poised for a potential breakout.
Long
by CryptoWithJames
XRP is poised to surge toward $4 The possibility of #XRP reaching $4 is an exciting speculation, especially for traders and investors in the cryptocurrency market. Such predictions are often based on a combination of factors like technical analysis, market trends, regulatory developments, and broader crypto adoption. Here are some potential factors that could support this hypothesis: 1. Positive Regulatory Developments: Ripple’s partial victory in its SEC lawsuit has boosted investor confidence. Further favorable rulings or regulatory clarity could push XRP’s price upward. 2. Increased Utility: Ripple’s focus on cross-border payments and partnerships with financial institutions could lead to increased demand for XRP, driving its price higher. 3. Market Sentiment: A bullish overall crypto market could help XRP gain traction, especially with renewed interest in altcoins. 4. Technical Breakouts: If CRYPTOCAP:XRP breaks through key resistance levels in its charts, it could trigger a rally to $4 or beyond. 5. Institutional Adoption: Large-scale adoption by financial institutions and payment providers could significantly impact XRP’s value. Are of potential entries : 2.4 - 2.1 1.9 - 1.6 Trading Note While the prospect of XRP hitting $4 is thrilling, it’s crucial to stay grounded. Use risk management strategies like stop-loss orders and avoid over-leveraging your positions. Always base your trades on a mix of technical analysis and fundamental research. Follow me in Soroosh App soroosh.app
Long
by sorooshx
Rising Wedge (12H timeframe)Hi there, I am posting my updated analysis on BINANCE:XRPUSDT , it appears that the chart has formed a rising wedge on near enough every timeframe. These include; 2H, 3H, 4H, 6H, 8H, 12H, 1D. If this pattern confirms and breaks down from the rising wedge we're looking at the following targets for taking profit. TP1: $2.16 TP2: $2.08 TP3: $1.96 TP4: $1.82 I believe the recent 'breakout' of the symmetrical triangle isn't a break out whatsoever, I think something else is happening here. There was no reason for todays pump. No major news no nothing. This seems to be a fake out. A reversal doji formed on 2H and 3H signalling a reversal down to the triangles previous resistance, if it retests and re-enters the triangle these targets are possible. I have entered my short position on the green line, TPs are labelled.
Short
by mithianmee
12
XRP Bullish ScenerioIt has been quite some time since I have posted something on here. I have learned a lot from the community here as well as years of being in the trenches failing over and over again. When I finally broke even, I stopped posting and I just continued trading. This was a poor decision because I have abandoned the very community that has helped me develop my education and mentored me. I have been spending time on making some videos that explain the process I went through to become a profitable trader. I will also be posting on here more often to articulate what decisions help me develop a bias and some examples of the trades I execute. As for this post, I have developed a bias that we will soon close above the price marked on the chart with a horizontal line. Why? Because we are in a range bound environment or what some may call "accumulation". From the Macro point of View, we are currently in an uptrend. Which is why believe when wee do break out of this range, it will be towards the upside. Remember, it of course can go the other way, and we are all wrong at some point. Enjoy being wrong as much as you are right. The only stress is the stress you put on yourself. Try not to seek perfection in this game. Just use good common sense and make clear and fair judgement. This is the end of my rant. More to come soon. -The Butcher
Long
by BlackMarketButcher