Get started

Ripplebreakout

$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
XRP/USDT: Weekly Breakout Analysis 1W (Jul. 29)X Force Global Analysis: If you find our analyses to be helpful, make sure to support us by dropping a ‘like’ In this analysis, we explore XRP's weekly chart through bullish reversal patterns and the Elliott Wave theory. Analysis - To begin with, it's important to note that XRP has been consolidating within a descending wedge for a very long time - A bullish descending wedge during a downtrend is typically identified as a bullish reversal pattern - XRP is currently testing the Ichimoku cloud resistance, and a break and close above for confirmation is necessary for further rally - The Relative Strength Index (RSI) has broken out of a descending trend line resistance, reaching record high levels in months - Nevertheless, the RSI remains at neutral levels - The Moving Average Convergence Divergence (MACD) has formed a golden cross a while back, but seems as though the trend lacks momentum to drive prices forward to new highs - Counting Elliott Impulse Waves (12345), we could expect this current uptrend as wave 3 playing out. What We Believe While XRP's setup remains extremely bullish, we have yet to witness an actual breakout through the descending trend line resistance and the Ichimoku cloud. Should confirmation be provided, we could expect a bullish rally leading to record high levels this year. Let us know what you think in the comment section below Trade Safe.
Long
by XForceGlobal
6
XRP/USDT: Bullish Elliott Wave Analysis 1D (Jul. 29)X Force Global Analysis: If you find our analyses to be helpful, make sure to support us by dropping a ‘like’ In this analysis, we analyze XRP's daily chart through bullish patterns and Elliott Wave analysis. Analysis - To begin with, XRP has broken out of a bullish descending wedge - After having formed Elliott Impulse Waves (12345), Prices started consolidating as it formed Elliott Triangle Waves (ABCDE) - Since it has broken out, it seems as though prices are forming an impulse wave pattern once again - Using Fibonacci retracement and pattern analysis, we could expect the breakout to lead to 0.265 USDT - The Relative Strength Index (RSI) is at overbought territories, but shows tremendous trend strength - The Moving Average Convergence Divergence (MACD) also shows increasing bullish histograms as a sign of strong momentum. What We Believe We believe that XRP is on its way to complete the breakout pattern from the descending wedge, and given that it provides further confirmation of a potential bullish rally on the longer time frames, we could even expect potential new highs. Let us know what you think in the comment section below Trade Safe.
Long
by XForceGlobal
XRP/USDT: Corrective Waves Above Strong Support 1H (Jul. 29)X Force Global Analysis: If you find our analyses to be helpful, make sure to support us by dropping a ‘like’ In this analysis, we explore XRP's hourly chart, identifying key areas of interest by assessing significant support zones. Analysis - Just as many other altcoins on a rally, XRP is currently trading within an ascending parallel channel, forming higher lows and higher highs - The Simple Moving Averages (SMA) are in bullish formation, with the 20 SMA at the very top, and the 50, 100, and 200 SMAs trading below as support - Prices are also trading above the Ichimoku Cloud, as it has even bounced on the cloud before forming impulse waves - From an Elliott Wave perspective, XRP has formed Elliott Impulse Waves (12345), and is now looking to complete an Elliott Correction Wave (ABC) - Using the Fibonacci retracement, we could expect wave C to play down to the 0.382 Fibonacci support What We Believe While the overall trend remains bullish for XRP, it's important to wait for optimal entries to maximize one's position, by keeping an eye on significant support regions mentioned above. Let us know what you think in the comment section below Trade Safe.
by XForceGlobal
XRP/USDT: Approaching Immediate Term Resistance 15m (Jul.29)X Force Global Analysis: If you find our analyses to be helpful, make sure to support us by dropping a ‘like’ In this analysis, we explore XRP's 15 minute chart, identifying key support and resistance zones to determine its probable scenarios. Bullish Evidence - To begin with, it's important to note that just as many other bullish altcoins, XRP is trading within an ascending parallel channel. - It has been creating higher lows and higher highs - The 20 Simple Moving Average (SMA) has formed a golden cross with the 50 SMA, providing strong support for XRP - It has been going through phases of consolidations and breakouts. It recently broke out from a bullish pennant, and is currently consolidating once again - We also see a hammer candle marked by the green circle, indicating strong buy interest near support zones. Bearish Evidence - However, it's important to note that we are trading close to the channel resistance - We are also seeing local resistance at 0.23388 USDT, where the previous high candle had closed - A break and close above these resistance levels are necessary for further bullish movement. What We Believe We believe that it's important for traders to wait for confirmation on XRP's price movements for now. While the bullish momentum is apparent, prices are trading near temporary resistance levels. Let us know what you think in the comment section below Trade Safe.
by XForceGlobal