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Ripple

🔥 XRP QUICK TUNE IN! 🔥🔥 As the title infers, this is simply a quick tune in, but thanks nonetheless for joining in real quick ladies and gentlemen, this won't take long. 🔥 Following up from yesterday's idea we can see the retracement that has followed that big rise up we had after the Grayscale lawsuit win against the SEC allowing for grayscale to file and apply for a Bitcoin ETF once again following the SEC's original rejection without much clarification or reason for the denial in the first place giving a much needed boost in sentiment. 🔥 I've highlighted our descending channel on the 15 minute local using those two black diagonal lines and thankfully we did exit from that and regain the 200 EMA but now it's up to buyers to keep the pressure strong so that we can continue to hold onto the 200 EMA and hopefully form higher ground but regardless it's good to see us again get away from that 0.50 and 0.51 mark after much sideways trading providing some good sentiment in a market that seemed to be losing it quick. 🔥 0.52345 or 0.524 for short is our support point, fall below that and look to my next levels at 0.52 and 0.515 for support if it comes down to that. Resistance wise 0.53is our main battle right now being that was our last point of support before falling below as signified at the 06:00 mark so keep note of that and I'll be curious to see if we start trending and form another consolidation channel or get some more volatility. 🔥 Definitely curious to see how things play out but regardless it's been nice to see the market keeping to the horizontal levels and keeping true, again none of the horizontal levels aside from the short annotation at 0.524 are new, they are old and continue to prove well and do the job of forming support and resistance points to feel free to add if you haven't already. 🔥 Said the idea would be short so that's it for today, wanted to get something quick out while I had a few minutes to stop by but hope you guys are doing well as always and appreciate you all tuning in, you already know, feel free to leave any likes or follows as they would help me a lot and if not that's fine too, just have a good day and take care, thank you. ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
1
☄️ XRP INSANE MOVE! ☄️ ☄️ This is an absolutely insane move! Welcome ladies and gentlemen, thanks for tuning in, we'll be quick. ☄️ Can't believe I was just writing up my TA for you guys when this happened, absolutely insane! It's like someone huge just bought into the market or something, even Bitcoin is up in the same fashion! ☄️ There's no news either that would make sense for the insane move but no doubt this should jolt things a bit. Someone/some institution of force jumped in big or something big is going on behind the scenes. Regardless I'm speechless and just like we'll have bad weeks we'll have good ones too, maybe just on a quicker scale. I mean wow. The big money is entering, and with a move like this they want it to be seen and known too. ☄️ We know institutions like to accumulate holdings in private and slowly generally but this is anything but, this is insane! Definitely do not recommend buying right now, whatever is going on will be revealed later no doubt and sleuths dig but right now this has put is in an absolute volatile position for trading wise, if you've already bought then it up to you what you'd like to do. ☄️ TA wise we've broken every barrier basically and crossed all our lines. we're at our 0.54777 resistance even extending that wick to 0.555 though we didn't break it thus signaling a good amount of sell orders there/weak pressure and buy support which is completely understandable being that we've risen up so crazy. Least we know regaining that 200 EMA isn't an issue now, one side got tired and one took over, or at least someone did. ☄️ Huge move like this expect some selling most definitely and retracement which is well within bounds after a rocket like this. We break 0.55 and its anyone's game at that point. I expect a lot of people to sell or some day traders to take profit but regardless of all that whatever's going on has to be big. It's behind the scenes and without news so very interested to learn the cause of this. ☄️ All that being said, I'm leaving things here, stuff is just crazy but crazy good in this instance, this is definitely one thing I like about crypto. It can hit hard sometimes, but when it does hit, it hits crazy sometimes. Gonna leave it there but have a great day and thanks for tuning in as always, and keep tuned for more! Feel free to leave any likes or follows, never hurts! ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
15
Ripple can make a small movement down and then continue to growHello traders, I want share with you my opinion about Ripple. Observing the chart, we can see that the price some time ago started to decline inside the downward channel, in which it first fell to the 0.7170 resistance level, which coincides with the seller zone. But soon, Ripple broke this level and declined to support line of the channel, and then it tried to rise, and in a short time price reached the 0.7170 resistance level and a few time traded near. Next, Ripple made a little correction and then rose to the resistance line of the channel, after which it rebounded down and fell below 0.5020 support level to the support line, exiting from the downward channel. Then price at once rebounded higher this level, thereby making a fake breakout and at the moment Ripple trades very close to the support line, which coincides with the buyer zone. Probably price can make a small movement down below the support line to the support level and then it rebounds up and continues to move up. For this reason, I set up my target at 0.5900. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
10
XRP To Hit $589 fake or real?Elliott Waves: Key to Understanding Markets and Price Movements EW concept that has become a pivotal tool in the realm of technical analysis of financial markets and price movements. This theory, named after its creator Ralph Nelson Elliott, aims to uncover recurring patterns in market behavior and establish a structured framework for predicting future price movements. Basic Principles of Elliott Waves The Elliott Wave Theory is based on the premise that market prices move in distinct wave patterns, driven by the psychology and behavior of traders. This theory asserts that there are two main types of waves - impulsive waves and corrective waves. Impulsive waves are price movements that align with the prevailing trend. These waves are often composed of five smaller sub-waves, where the first three are referred to as "motive" waves, while the last two are "corrective" waves. Impulsive waves are characterized by swift price movements upwards (in a bullish trend) or downwards (in a bearish trend). Corrective waves are price movements that go against the primary trend. These waves typically consist of three smaller sub-waves and can encompass various types of corrections, such as simple corrections, triangle corrections, or flat corrections. Elliott Cycles The Elliott Wave Theory also describes several different time frames within which waves occur. These time frames are: Grand Supercycle: This cycle can span multiple decades and includes several supercycles. Supercycle: Lasting several years, it contains several cycles. Cycle: Spanning several months, it includes several primary waves. Primary Wave: Lasting several weeks, it encompasses several intermediate waves. Intermediate Wave: Spanning several weeks, it comprises several minor waves. Minor Wave: This cycle can last mere days and includes waves smaller than intermediate waves. Applying Elliott Waves in Practice Elliott Waves can be used to predict future price movements in financial markets. Traders and investors attempt to identify wave patterns on price charts and extrapolate possible market scenarios from them. However, it's important to note that interpreting Elliott Waves can be subjective and at times challenging. Some experts argue that wave identification on charts may be based solely on historical data and might not be a reliable tool for predicting future developments. Criticism and Controversy Elliott Wave Theory is not without its controversies. Some analysts contend that identifying wave patterns can be so subjective that different experts might arrive at different conclusions regarding the same price chart. Thus, achieving consistent results can be difficult. Conclusion Elliott Waves present a sophisticated tool for the technical analysis of markets, which can aid traders and investors in better understanding price movements and trends. While this theory undoubtedly offers intriguing insights, it's crucial to acknowledge its limitations and potential interpretational challenges. When using Elliott Waves, it's essential to combine them with other analyses and strategies, refraining from placing excessive reliance on them as a singular miraculous tool for market prediction.
CRYPTO:XRPUSDLong
by Bitcoinblockchainonline
🌊 XRP FLOWS WITH THE WAVES 🌊🌊 Today's my first day off in what feels like a couple months so happy to be back, and sorry work just had be worn out and unable to post. I'm gonna see if I can get a laptop soon so that I'll be be able to post more idea's more frequent even from work. Anyway sorry for the delay, we're back today and thanks for tuning in ladies and gentlemen. 🌊 XRP's still been flowing with the waves going through it's sideways trading between what seems to be our fight right now. XRP's failed to break that 0.534 or form anything above. On top of that we've continued to lose that 200 EMA and while it's good that we do get these rather strong pull ups which help us regain the 200 EMA the support just isn't there much. 🌊 Market's still in a state of fear/caution with Bitcoin failing to break that $26,200 mark getting essentially smacked down every time. If we can't break that level soon we may head down sooner than up but something of interest to note is that according to Whale Alert yesterday a total of 426,118,503 XRP was transferred off the Bitvavo exchange to an unknown wallet. 🌊 A similar amount was transferred on Friday thus it's likely one institution or individual that's behind it. It's weird though, when checking the memo's on some of the transactions they mention DEX's and the one mentions an XRP faucet which is likely some form of scam but it's odd to be honest. That aside there's a whale that's either holding on to their XRP and could have transferred their XRP to wallet's in order to simply sit there and HODL, that or the opposite but regardless of everything it's interesting. For a whale to be in the game with basically 1 Billion XRP is rather odd. If you're trying to day trade XRP isn't the best crypto but if you're looking to hold and sit then it would be viable, thus my idea is at least that they are but I'll try to keep an eye on the wallets. Either way the big money is in XRP and that has to mean something. u.today 🌊 TA wise we've lost our 200 EMA on the 30 minute and should look to regain that else we'll likely fall back down to that retest of 514 and if it does push up expect 0.52627 to keep being a resistance until we break it again which by then if we did would be a third confirmation and help form a bullish scenario though a lot of this ultimately does lie in Bitcoin. 🌊 Even with XRP being good as it is we know the market is still heavily focused on Bitcoin and while the correlation between XRP and BTC isn't necessarily there as much any more we can't deny that Bitcoin still is having an impact and will likely until things turn positive and we can get some good developments/ updates. Till then we'll likely keep trading sideways until one side gets tired or we get a breakthrough to the upside or downside. I know it's not much help but the market's just in a gray state right now. News isn't exactly positive and we've got the Fed comments, china's situation going on, and other macro economic factors weighing down on everything generally. 🌊 Sorry if this idea's a bit hazy, just exhausted and stressed with a couple things. That being said I still wanted to get an idea out for you guys, sorry again it's been a bit, just a bit tough juggling life is all. Thank you nonetheless for tuning in and feel free to leave any likes or follows, never hurts and keep tuned as always! ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
1
📉 XRP AFTERNOON TA 📉 ⚡ Hi, hope you guys are doing alright today, and thanks for joining as always ladies and gentlemen. This won't take too long, mainly just a follow up from yesterday's idea. ⚡ Honestly not too much here to see, it's good to see that XRP's pulling back up as I type this but we'll keep things simple as possible. XRP continued it's descent after failing to regain the 200 EMA yesterday sending us down. HOWEVER we avoided falling below the local line of resistance which became support once above it. ⚡ I've simply extended that line today and if you check out yesterday's idea you'll find what we originally marked and can add that to your own charts as you please. Anyway it's good that we've managed to avoid falling below the line else we'd likely fall even further than what we currently have today. So look at that line as a support for now and a resistance should we fall below it. ⚡ Next resistance now is gonna be that consolidated channel being that we fell out of it and will have to face the sell pressure whilst trying to break back in and above into the channel before we can look for our next avenue. ⚡ If we can regain that consolidated channel we'll likely get a good chance to regain that 200 EMA and if we're lucky enough we can use that as a catalyst to potentially break out past a couple levels we've got above which you guys are already aware of. ⚡ If we do fall further look to my 0.50 level of support. There's a reason that line is blue unlike the others after all, it's the make it or break it point. Fall below and we get a likely sell-off. Keep above and we should just alright. ⚡ I have to attend to some things but hope that was alright, just wanted to get a quick idea out for you guys real quick. Thanks for tuning in and feel free to leave a like or follow, even a share. And if you don't feel like doing any of those things, that's alright too, just have a great day and keep well. ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
2
HelenP. I Ripple can bounce from trend line and start to declineHi folks today I'm prepared for you Ripple analytics. Recently price traded inside the 0.6370 - 0.6210 resistance zone, which coincides with the 0.6210 resistance level. Later Ripple broke the 0.6210 level and made a strong impulse down to the trend line, thereby breaking the 0.5080 support level too. But at once price rebounded higher of support level, which coincided with the support zone, and started to trade near the 0.5080 level. A few time later price declined to the support level, which there time coincided with the trend line and rebounded. But some time ago Ripple broke the trend line and at the moment it trades below this line. For this reason, I think that the price can rise to the trend line and then start to fall to the support level. After the price reaches this level, Ripple can break it, make a retest, and then continue to decline. Therefore I set my target at 0.4700. If you like my analytics you may support me with your like/comment ❤️
Short
by FirstNameHelen
9
XRP - Unveiling the Objective: Demystifying the 11 Cents Target.In this video, I revisit the entire pattern to provide a refreshed perspective on its current progression. I've discovered an effective approach to convey my viewpoint by employing a scaled-down rendition of the overarching wave we are presently experiencing. Every wave adheres to a specific set of regulations and principles that serve as valuable tools for anticipating upcoming movements. The minor wave mirrors the characteristics of the larger wave, reinforcing my inclination to formulate such hypotheses. I am of the opinion that the target of 11 cents aligns with these fundamental principles. The content of this video has been deliberately presented in a clear and uncomplicated manner to articulate this concept.
BITSTAMP:XRPUSDShort
by AriasWave
XRP - Strong Rejection Zone 💪Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per my last analysis, attached on the chart, we were looking for buy setups around the lower blue trendline. After rejecting the upper bound of the wedge pattern, X RP is now back around the lower bound / blue trendline again. Moreover, the zone 0.5 is a strong support and round number. 🏹 So the highlighted red circle is a strong area to look for buy setups as it is the intersection of the green support and lower blue trendline. As per my trading style: As XRP is sitting around the rejection zone, I will be looking for bearish reversal setups (like a double bottom pattern, trendline break , and so on...) For example, as a simple market structure approach, to confirm bullish control we need a break above the last minor high highlighted in orange. 📚 Always remember to follow your trading plan regarding entry, risk management, and trade management. Good luck! And always remember: All strategies are good if managed properly! ~Rich
by TheSignalyst
26
RIPPLE - Price can decline to support level and try to break itHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊 After price bounced from $0.6140 resistance level, which coincided with resistance area, it rose to $0.6600 point and entered to falling channel. In channel, Ripple declined back to $0.6140 level and broke it, made retest, and later fell below. Next, price made downward impulse below $0.5040 support level, which coincided with support area, but at once rose back. Also, Ripple started to trade inside triangle, where it reached resistance line, but recently exited from it. Now price trades below resistance line and I think that Ripple can bounce down to support level and try to break it. After breakout price can make retest and then continue to fall to $0.4450 If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
9