Ripplebreakout
Ripple Is Set To Rip Hearts AwayMy last short term Ripple idea was a bit off key but the larger analysis remains in tact for the most part. The current Leading Diagonal formation is promised to have an extremely deep retracement. To find out the exact target of the super sized zig-zag, we can simply apply the Fibonacci tool to the A wave down (big drop on the red wave)
--- oops, the fib tool doesn't show on 'ideas' for whatever reason ;(
A zig zag typically has the following targets for the ending C wave:
100% of A
1.618 of A
.618 of A
Also, C wave mostly always goes beyond the bottom (or top) of the A wave. Considering the height of the B wave (current up wave in also in red), C very likely will NOT end at the .618 target (as it won't be below A). The difference between 100% and 1.618% is literally like 2 cents. Either way, the next big target will be below .30, likely below .25 as well.
The rebound will push Ripple over $1.00 and beyond.
#BuyTheFear
XRP- Time to enter again? 💸Hi guys,
my main concern here is not to be a top author although it is a cool feeling.
In November/December I was actually Top Author on Ripple but then i gradually just stopped posting XRP ideas.. you see, my main concern here is to be useful and appreciated. 🙇♂️
At the same time I had mostly 'bad news' mostly and some people take ideas 'against their investment' in a negative way.
Noe let's get on the chart:
Ripple showing some momentum and i believe it has the potential ow to test the 0,80 dollar mark.
Given that new started coming out from SEC we could expect some (hopefully) good news and a boost on the price. Everything else is doing well, maybe Ripple is next to 'fly'?
Remember: I had bought and sold at a perfect price . I have now bought a bit more again. So expect more posts to follow ☺️
One love,
the FXPROFESSOR
Beware of 0,67Ripple is currently a category on it's own.
Don't hate me for not having the best of ideas for this project.. a project that the owners keep a huge part of the coins for themselves.. a project with 50 billion coins in supply.. and some investors thinking this can ever go to 500 dollars or a thousand. It can go to 2 dollars if things go well with SEC. Reality check and my apoogies.
XRP poised for a massive move as $0.75 beckonsRipple confirms the uptrend after closing the day above $0.5.
XRP may flip massively bullish if the 61.8% Fibonacci resistance is broken.
A correction will come into the picture if XRP loses the support at $0.5.
Ripple price continues to use the recent support at $0.35 as the springboard back to $0.75 (new yearly high). The cross-border token has remained persistent in the battle for recovery, keeping in mind that it lags behind its peers due to the uncertainty it faces regarding the ongoing lawsuits. The Security and Exchange Commission (SEC) in the US wants it to be categorized as a security token.
However, Ripple Labs Inc., the company that issues XRP and its top executives maintain that the token is a cryptocurrency just like Bitcoin and Ethereum. As the brawl continues in court, XRP is on a mission of breaking barriers. Despite being pumped and dumped a couple of weeks ago, Ripple seems attractive to investors, perhaps due to its low price compared to BTC and ETH.
At the time of writing, XRP trades at $0.56 after extending the bullish leg above the critical level at $0.5. The least resistance path is upwards based on the short-term technical picture.
For instance, the Moving Average Convergence (MACD) has reinforced the bullish narrative as it moves higher in the positive region. Moreover, the MACD line (blue) rests above the signal line, suggesting that XRP has a formidable bullish impulse.
The upswing to $0.75 will start to materialize as soon as Ripple closes the day above the 61.8% Fibonacci retracement level, taken between the last swing high of $0.75 to a swing low of $0.34. This the immediate hurdle and needs to come out of the way for XRP to flip massively bullish.
On the other hand, a correction will come into play if the resistance at the 61.8% Fibo remains unshaken. Selling orders are likely to increase, especially with investors preferring to exit amid the uncertainty in XRP’s market. Previous support levels at the Simple Moving Average and $0.35 will come into handy to stop the losses.
Intraday levels
Spot rate: $0.55
Relative change: 0.025
Percentage change: 4.8%
Trend: Bullish
Volatility: Growing
Ripple price recovery steadies toeard $0.75
Ripple holds the uptrend in place following a rebound from the primary support at $0.35.
XRP must break above the 50% Fibonacci level to sustain the recovery eyeing $0.75.
A correction will come into the picture if XRP’s upside remains capped under $0.5.
Ripple is making a gradual but steady recovery after recently suffering a big blow. The cross-border token was pumped massively early last week although it immediately dropped like a stone in the air. The bulls took refuge at $0.35, assisted by the 50 Simple Moving Average on the 4-hour chart.
Meanwhile, XRP has regained the lost ground above $0.4 and is currently battling the crucial hurdle at $0.5. The steady recovery is happening even with the lawsuit filed by the Securities and Exchange Commission (SEC). The regulator alleges that Ripple together with its top executives sold unregistered tokens to investors.
Ripple maintains that the XRP token is not a security but this lawsuit and other class-action cases filed against the blockchain startup claim the firm breached the Securities Act.
At the time of writing, XRP is dancing at $0.49 and is almost hitting levels above $0.5. Trading past this crucial zone could be a turning point for XRP. More buyers are likely to join the market as their confidence in recovery rebuilds.
Simultaneously, Ripple will have to settle above the 50% Fibonacci retracement level to confirm or validate the expected upswing back to $0.75. The Moving Average Convergence (MACD) is making subtle hints that XRP is having a bullish impulse. It is essential to keep in mind that the uptrend may face other hurdles at $0.6 and $0.7 before running further up toward $1.
Failure to break above $0.5 and settle beyond the 50% Fibo may attract increased selling orders. Therefore, XRP is could break down toward the 50 SMA and $0.4. If push comes to shove the bearish leg may extend to the primary support at $0.35.
Ripple intraday levels
Spot rate: $0.48
Relative change: 0.015
Percentage change: 3.2%
Trend: Bullish
Volatility: Low
XRP- Most likely a SellOur updated small chart on Ripple XRP.
Price showing weakness to break this resistance level and at the same time the wedge is running out of space... Given that we are still Bullyish on other cryptos, we arenow considering a Short position on XRP.
Hope it helps guys.
xx
REMEMBER: XRP is not Bitcoin idea (see below)
XRP UPDATE: BULLISH SIGNS IN ASCENDING CHANNELXRP is in an ascending channel & I believe we just confirmed the bottom of this channel ($0.38) which also happens to be a simultaneous back test for support of the top of the pennant we broke out of yesterday -- all very bullish signals in my opinion!
Additionally, the MACD & stoch have coiled up and look primed for a big movement up.
We will likely see a bit of resistance in the lower $0.40's as we come into the top of this ascending channel, but given how quickly and powerfully the price increased over the weekend (pre Reddit dump), I don't think there's any doubting that we are getting closer to a BIG movement higher --- and please God let's sustain the price levels & quit crashing back down so hard haha
Cheers & Good Luck out there, XRP Community!
Ripple Prepares for Massive ShreddingI usually pay no mind to XRP but since BTC was so terribly slow today, I found myself with a little free time, so here we are.
This is a long term outlook based solely on Elliott Wave theory. After Ripple’s March 2020 swing low near $0.10, the market delivered a Leading Diagonal formation which produced a super deep Wave 2 correction.
Leading Diagonals (not including internal Zig Zag diagonals) give us the signal of directional change. With Leading Diagonals we can also expect a strong, possibly extended Wave 3.
Considering the relationship between Waves 2 and 4, with W2 being supremely deep, we can expect W4 to be much more shallow (and less frightening.
Granted, this is a long term outlook - all rules remain the same. Maybe it’ll be late 2021, maybe it’ll be early 2022 but Ripple looks to plant an All Time High near $10, in due time.
Currently under $0.40, this may sound like an absurd prediction. Elliott Fiinacci don’t lie though 😊.
Before Ripple takes off for the sky, the ABC correction for Wave 2 of 3rd must be completed. It also looks to be a very deep correction (expecting sub $0.30). See my prediction for this correction below.
Trade wisely.
Play it safe or play it smart.
Ripple price poised for another retreat before resuming uptrend
Ripple suffers under the worst pump-and-dump schemes, making recovery an uphill battle.
XRP is likely to revisit lower support levels, perhaps to $0.3 before resuming the uptrend to $1.
Ripple has recently undergone the worst pump-and-dump situation in its history. It is believed that a Telegram group with over 200,000 members was responsible for the pump. However, it appears that XRP whales were ready to cash out and exit the project that had probably locked their funds since the breakdown in December.
At the time of writing, XRP is doddering at $0.38 after falling sharply from $0.75. The barrier at this level cut short the expected liftoff to $1. On the bright side, the 50 Simple Moving Average on the 4-hour chart came in handy and preventing the cross-border token from plunging further.
Meanwhile, XRP bulls are working around the clock to break above the resistance at $0.4. However, another daily close under this level may see a selling pressure surge. Support at the 50 SMA ($0.34), might not be strong enough to hold the token in position. Thus paving the way for a further drop to the 200 SMA around $0.29.
The Moving Average Convergence Divergence appears to have validated the bearish outlook. This indicator follows the trend of the asset and also measures its momentum. The MACD can be used to identity buy the dip and sell the dip positions.
If the MACD line (blue) crosses under the signal line, it is best not to enter any new positions, perhaps sell. On the other hand, a cross above the signal line suggests that it is time to buy.
In this case, the MACD divergence under the signal line is still wide. Thus calling for caution because XRP may retreat some more before a significant trend reversal comes into the picture.
Ripple intraday levels
Spot rate: $0.38
Relative change: 0.01
Percentage change: 3%
Trend: Sideways
Volatility: Low
XRP - Good news Bad news Good news is that 'at least', the 34cents support worked out again.
Bad news is recent failure to rise over 65cents and off course, to make things even worse, it dropped like a knife from there to 34cents.
Ripple is super volatile and the key is patience and trading strategy. personally I like Ripple for it's volatility but the range 34cents to 60cents is a big one and one needs to be mentally prepared to deal with such a trading environment. At this stage i bought at 34 and already taking some profit but I want to see 60 cents again soon and that's when it will be time to attempt a short.
This will continue for as long as the SEC situation exists. It will take time for things to be clear again.
remember my very first post on Ripple XRP: It was not and never will be Bitcoin. Click on play and it will make prefect sense.
XRP Video- What's Next 💚Our updated Ripple XRP chart and how we traded the last time we had such an explosive rise.
Also, why did the price 'wake up' now and what does our chart tell us about entry and take profit levels?
All you might want to know about how we trade this, on this video.
If you like it send us some love and good energy, sharing is caring and it's free of charge.
May the force be with you.
One love,
FXPROFESSOR 💚
XRP - Next target 83 cents Our updated XRP video with key support and resistance levels. Price has breached the 63 cents resistance level , came back and tested it as support. It looks ready for a GRAND CHECK of 0,83.
Remember, in November the price stopped at exactly that level (ascending trend line, was 76 cents then, it is 83 cents today)
Can this level be broken now? Well I don't know guys, I am experienced in financial prognosis, not a psychic. It will be 50-50- toss a coin this time.
Yes, I know I told you to buy again at 35cents and i also made a huge return in 10 hours by taking a take profit perfectly in the last similar occasion but this time at 83 cents we will all need to wait and see how the price will perform.
A video will follow in a few minutes.
Ripple Price On Fire As It Explodes Toward $1
Ripple comes out of consolidation with a boom, spiking above $0.5.
XRP bulls eye $1 if the resistance at $0.6 is broken.
Ripple has had the biggest bull run following the crash in December 2020. Consolidation groped the token leaving it motionless in the range between $0.25 and $0.3. However, in the last couple of weeks, XRP signaled a possible technical breakout. The comprehensive analysis on Friday predicted that XRP is poised for a massive upswing to $0.4.
In the meantime, Ripple is trading at $0.54 after overshooting the conservative prediction. The Breakout occurred after a symmetrical triangle pattern. The least resistance path is upwards as observed on the 4-hour chart.
The price has recovered the ground above all the applied moving averages; the 50 Simple Moving Average, the 100 SMA, and 200 SMA. The double golden cross pattern on the chart reinforces the growing influence the bulls have over the price.
It is crucial that buyers establish higher support, preferably above $0.5. This will ensure that the downside is protected and allow them to focus on higher levels toward $1. Some delay is anticipated around $0.6 but if the bullish outlook remains intact, gains to $1 will easily achievable.
Notably, the Moving Average Convergence Divergence (MACD), which tracks the momentum of an asset as well as its direction adds credibility to the bullish narrative. The MACD line has increased the divergence above the signal line, implying that bulls are completely in control. However, if a correction occurs XRP will seek refuge at $0.5, $0.4, and the former resistance zone at $0.3.
Ripple intraday levels
Spot rate: $0.54
Relative change: 0.05
Percentage change: 10%
Trend: Bullish
Volatility: High
Not too late for an XRP entry according to MA CrossGoing for a second rally since November. It has begun but it's not too late to get in yet according to MA cross. XRP has proven to us in the past that it has potential and power to 10x. Worldwide adoption is on the way by banks such as PNC. Such a big movement can't be halted by a US citizen ban on trading...
XRP- Let's go to 0,33 (and beyond)Our updated chart shows resistance at 0,33.
Can the price break through? Why not! We will find out.
Fundamentally there are no news from the SEC front but cryptos are rising today and XRP is following that general trend. Personally, I expect to see the 0,33 level checked and will cash out some profit then. Hopefully it can break over that level and fly higher.
Ripple (XRP) May Give The Biggest Surprise To The MarketHey friends, hope you are well, and welcome to the new update XRP coin.
Rejected by resistance:
The priceline of XRP has been rejected by the $0.66 resistance and dropped at the $0.22 support level. These are the long-term support and resistance levels and can be seen on the weekly time period chart. It seems to be that the priceline has found a $0.22 level as very strong support as the price action did not break down these support levels even after the bad news and drastic drop.
A big BAT and SMAs:
On the weekly time period chart, the price action of the XRP coin has also completed the final leg of the bullish BAT pattern and entered in the potential reversal zone. There are also 50 and 100 simple moving averages as supports in this PRZ level.
Conclusion:
As the priceline of XRP coin has found powerful support at $0.22 and did not break down this support since Dec 2020, Therefore considering the $0.22 support as stop-loss if someone buys the XRP here then it can have a big potential in the coming days as it has also formed a big bullish reversal harmonic move.
For exact buy and sell targets for this trade, and other harmonic trading signals you can join:
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