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Ripplebreakout

$XRPUSD - Symmetrical triangle, wait for a breakoutHi guys! 👋🏻 🔔 Ripple announced that it’s now working with Central Banks and launched XRP Ledger promotions. 🔔 XRP/USD since November 18 has gained a hefty +96.27% and touched a high of September 21. 2018 at $0.7814140. 🔔 There is a symmetrical triangle on an hourly chart of XRP/USD and the pair has tested the upper edge of the triangle three times already. Breakout from the triangle will pump the price higher. 🔔 RSI on an hourly chart indicates that Ripple has completed the correction and is no longer on the oversold dead-zone of the indicator, MACD line has touched the signal line and is about to cross to confirm the bullish run, there is one more confirmation to be made which is a breakout from the triangle. If Ripple breaks below the triangle, support levels to watch are $0.604651 and $0.56190. 🔔 On November 23, Ripple announced that it officially added Bank of America as a RippleNET lead member. Bank of America is one of Ripple’s oldest clients contributing to the network since 2016, though only this year Ripple listed Bank of America among the other major banks, such as Santander, PNC and Nium. With all that said it's now clear that banks admit the use of blockchain and its power. ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.
Long
by azizelliott
RIPPLE - $XRP - Wave 3 - To the moon is too close, go beyond!!! WAVE 3 in progress! The best time to buy is now! I'm LONG / BULLISH position. I expect that $XRPUSD will rise up. This would mean that RIPPLE will gain more value against USD . What is the right way? Looking for relevant timeframes, with patience and planning, NO DESPERATION . No one goes into the market thinking they should buy at the high and sell at the low. The problem is that at the moment when faced with the ups and downs of the market, it’s hard to resist the urge to do those things. Trading is all about spotting emotional excesses either to the downside or the upside. You want to be on the right side of those emotional reactions and not the wrong. If you want to win in this market, you need to be COLD and CALCULIST . To the moon is too close, go beyond!!! Well, keep you updated as this timely issue evolves. Good luck! #CRYPTO $XRPUSD #XRPBTC #XRP #RIPPLE #ALTSEASON2020 $BTC $BCH $BNB $XLM $EOS $ETH $ADA $LTC $TRX $XRP $IOTA $LINK $XTZ $BTT $XMR $NEO $BTT $MATIC $XMR $MRK $XEM $ONT $DASH $BAT $ZRX $LSK $NANO $REP #altcoins #bitcointrading #BuyTheFear #BuyTheDip #CRYPTO #XRP #XRPUSD #XRPBTC #RIPPLE
XLong
by ferGOD
1
Ripple - Daily Update - $XRP (Alternative Count "Wave 3")Bottom Line: Favoring higher against 0.2197. Key Levels: Below 0.1890, 0.2197, 0.2287 Above 0.3039, 0.3272, 0.3440 Outlook: Considering a second wave correction ended and the early stages of a third wave rally have begun against 0.2197. Analysis: The less than impulsive wave structure from the current pullback low at 0.2450 keeps us from confirming the end of the setback. For that reason, we can't rule out a further low before the larger advance resumes. At this stage, only very impulsive price action above 0.2675 would shift the odds in favor of a completed correction.
Long
by ferGOD
3
Ripple bulls outperform themselves in the rally past $0.6, is a Ripple retreated after trading new yearly highs at $0.63 but is currently fighting to make a comeback above $0.6. XRP/ USD is in bullish hands as reinforced by the golden cross pattern on the daily chart. Ripple is leaving only dust behind as the Launchpad rockets it to higher levels not seen since September 2018. The flagship cross-border transfer token has continuously built upon the support at $0.28 to achieve incredible results in the last seven days. XRP has rallied by more than 100% according to the data by CoinMarketCap over the previous seven days. In the last 24 hours alone, Ripple is up 35% to exchange hands at $0.59. The break above $0.5 over the weekend left the bulls convinced that they can hit higher highs. Meanwhile, XRP/USD spiked in tandem with Bitcoin’s rally to $19,000 and Ethereum’s breakout above $600. At the time of writing, bulls are working tooth and nail to reclaim the ground above $0.6 and beat the new yearly high achieved at $0.63. In other words, closing the day above $0.6 is key to sustaining the uptrend towards $0.7 as it would ensure stability in the market in addition to shifting the bulls’ focus to $0.7. Recently the 50 Simple Moving Average cross above the 100 SMA reinforcing the growing bullish influence in the market. A golden cross pattern forms when a short-term moving average crosses above the long-term moving average. It is worth noting that the bullish narrative to $0.7 will be sabotaged if XRP fails to close the day above $0.6. Sellers are likely to gain traction and confidence, increasing their positions in a bid to profit from their long-term positions. The RSI is pointing downwards, somehow giving credence to the bearish narrative. On the downside, the first point of contact is likely to be $0.45, followed by $0.45. If the selling pressure becomes drastic, XRP will be forced to seek refuge at the 50 SMA and 100 SMA under $0.3.
BINANCE:XRPUSD
by CoinGape
$XRP Long TargetsRipple closed above 0.24535, which is the top of the accumulation zone and is currently trending upwards. On the Binance USDT chart there is a major level at 0.25 that XRP broke through and looks like it's going to continue going up If Bitcoin continues on it's path of hitting 12k and beyond, there is no reason why XRP won't follow suit and hit some new TP levels 🎯 TP1 @ 0.26970 🎯 TP2 @ 0.28527 XRP never lost support at 0.22945, the market makers just stopped longs out on that dip and made the candles appear like the price was going back down to 0.20, very quick reversal and now we're seeing the start of the bullish momentum. Perfect entry would've been along 0.229 support, a Goated buy-in price.
KRAKEN:XRPUSDLong
by kyer
2
XRP/BTC: Bullish Breakout Technical AnalysisIf you like this analysis, please make sure to like the post, and follow for more quality content! I would also appreciate it if you could leave a comment below with some original insight. In this post, we'll be taking a technical approach in analyzing the notorious cryptocurrency: XRP Analysis - XRP has been consolidating within a bullish descending wedge on the daily chart - It broke out of the wedge formation, and is undergoing a phase of pullback - Prices are currently trading below the 20 Simple Moving Average (SMA) - We are also seeing resistance near the 0.236 Fibonacci retracement resistance, where it converges with the trend line resistance - However, the Relative Strength Index (RSI) shows signs of bullishness, as it has broken out of the long term descending trend line resistance - What's worth noting for XRP's daily chart is the Moving Average Convergence Divergence (MACD) - The price history demonstrates that there has been big breakouts after the formation of a golden cross of the MACD - As such, we could anticipate a bullish breakout to take place once again - On the shorter time frame, the 4 hour chart demonstrates a bull flag pattern, with prices looking to break out imminently Don't predict the market. The future is all about preparation, not prediction. Take it by levels, and play by probabilities. -Michael Wang-
Long
by Michael_Wang_Official
2
XRPUSD Ripple | SWING - 13. Sep. 2020Hello my friend | Welcome Back. Please support this idea with LIKE if you find it useful. *** It may head to the downside if it does not break the 0.23141 support, it may head to the upside and break the downtrend to almost the upside. The target will be at 0.30000. *** Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts. *** The information given is not a Financial Advice. BTCUSD Apple GBPUSD EURUSD XAUUSD AUDUSD
BITFINEX:XRPUSDLong
by Saeed966
16
Technical Analysis: Ripple Blasts Past $0.30 Ripple could retake its third spot in the market especially if gains are contained above $0.30. XRP/USD would seek support at the 12-day SMA, the 21-day SMA and the 61.8% Fibo in the event of a reversal. Ripple price is currently hovering above $0.30 after a significant growth pattern from the weekend lows at $0.26. There was an extreme struggle at $0.29 but the generally up-trending cryptocurrency market made it achievable. In August, XRP spiked above $0.30 severally but failed to hold above $0.3250 (monthly high). This dented the bulls’ morale because containing the gains above $0.30 become a big challenge. The surge above this critical level, comes amid Tether (USDT), expanding market share. This is not the first time XRP is losing its predominantly third position to the largest stablecoin. At the time of writing, data by CoinMarketCap shows USDT’s market capitalization at $13.432 billion. It is marginally higher than that of XRP, currently at $13.430 billion. On the bright side, the ongoing rally has just commenced. Trading above $0.30 is key to the bulls as it is likely to give XRP a boost above the next hurdle at $0.3250. More buyers are likely to join the market as long as XRP proves that it is able to hold above $0.30 short term support. Meanwhile, the technical picture is in support of the bullish trend experienced from the support provided by the 61.8% Fibonacci level of the last swing high at $0.3469 to a swing low of $0.1109. For now, buyers will remain at the helm of the price actions but in case of a reversal below $0.30, the 21-day SMA and the 12-day SMA will come in handy. The MACD and the RSI clearly show that in the short term, bulls will remain in dominance. Ripple Intraday Levels Spot rate: $0.3001 Relative change: 0.00292 Percentage change: 0.96% Trend: Bullish Volatility: Expanding
BITFINEX:XRPUSDLong
by CoinGape
7
XRP/USD False Channel Breakout? Recovery Stalls Short Of $0.30 Ripple embraces support at $0.28 but recovery stalls marginally above $0.30. XRP/USD is in the middle of a reversal from the resistance at $0.28; lower leg eyes $0.28 and $0.27 support areas. Ripple like Bitcoin scaled several barriers after this week after bulls built on the consolidation experience last week above the key support at $0.27. The recovery movement saw XRP climb above $0.30 and this time it sustained the gains. The leg up extended past $0.32 before the resistance experienced early in August came into the picture. A reversal on Wednesday affected the majority of cryptoassets including Ripple, Bitcoin and Ethereum. Bitcoin dropped under $12,000 and even refreshed levels slightly above $11,500. Ethereum, on the other hand, slumped from levels above $430 to confirm another support at $405. Consequently, XRP tanked under $0.30 on hitting the barrier at $0.3250. The bearish leg extended to $0.28 (short term support). Attempts have been staged to clear the resistance at $0.30 but the bearish grip keeps getting stronger. Meanwhile, XRP is trading at $0.2886 at the time of writing. A growing bearish grip is highlighted by the Relative Strength Index (RSI) after changing direction before hitting the average (50). The RSI is currently holding at 40 but could drop lower if the technical picture remains unchanged. It is clear that Ripple will take a longer time to rise above $0.30. In fact, the support at $0.28 and $0.27 could first be tested before buyers begin to build momentum for a massive breakout like the one on Tuesday. The break above the descending channel failed to materialize as XRP has lost steam marginally above $0.29 culminating in the ongoing return into the channel is expected as buyers seek formidable support, preferably at $0.27 if not $0.28. Ripple Intraday Levels Spot rate: $0.2880 Relative change: -0.0022 Percentage change: -0.76 Trend: Bearish Volatility: Expanding
COINBASE:XRPUSDShort
by CoinGape