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Ripplebreakout

XRP / U.S. DOLLAR XRPUSDIn this Weekly chart of Ripple / United States dollar (XRP/ USD), there is a depreciating range from 0.5175 to 0.1105. We can observe that the market then appreciated to the 0.206 level (identified by the yellow down arrow), just below the 23.6% retracement of the depreciating range at the 0.206552 level. We can observe that XRP/USD then depreciated to the 0.1791 level, just below the 9-week Simple Moving Average. We can also observe that the 0.1791 level was just below the 0.183462 level, representing the 23.6% retracement of the appreciating range from 0.1105 to 0.206. If XRP/USD resumes its depreciation, price retracement levels below the current market include the 0.169519 (38.2% retracement), 0.15825 (50% retracement), 0.146891 (61.8% retracement), and 0.130937 (78.6% retracement) levels. If XRP/USD resumes its appreciation, price retracement levels above the current market include the 0.265974 (38.2% retracement), 0.314 (50% retracement), 0.362026 (61.8% retracement), and 0.430402 (78.6% retracement) levels.
POLONIEX:XRPUSDLong
by MavRich_Trading
2
XRPBTC is forming bullish Butterfly | Upto 113% move expectedHi friend hope you are doing wel, This time on weekly chart XRP with Bitcoin pair is forming a harmonic bullish Butterfly pattern and soon it will be entered in potential reversal zone. Buying And Sell Targets: The buying and sell targets according to harmonic Butterfly pattern and its Fibonacci sequence should be: Buy between: 0.00002028 to 0.00001548 sats Sell between: 0.00002400 to 0.00003300 sats Stop Loss: The potential reversal zone area that is up to 0.00001548 sats can be used as stop loss in case of complete candle stick opens and closes below this level. Possible profit and loss ratio: As per above targets this trade has the profit possibility of 113% and as per above mentioned stop loss, the loss possibility is 23% Note: This idea is education purpose only and not intended to be investment advise, please seek a duly licensed professional and do you own research before any investment.
Long
by moon333
3
XRP/USD - sell zone On the day timeframe, the triangle fell from (distribution ) downwards. I plan to trade from the zone 0.208 - 0.21. Indicators show the shorts in a better position. Shorts from confirmation. Stop loss can be hidden by the level. Like I drew on the chart. At the 4 o'clock timeframe, they're drawing a model from the bounce. A rebound from the fall, or in other words, a correction. Indicator AO and RSI show growth Thanks for your support! Push like if you think this is a useful idea!
BITSTAMP:XRPUSD
by Valeriia_Top
5
XRP/USD - Safer purchase after level breakage and fixation.Safer purchase after level breakage and fixation. But there is less profit and less risk. It's better to wait for your price. Than running after a steam train. Indicators are free to rise up. The key level of $0.20 from it is safe to make a decision. Yesterday's review added an excellent stop loss take-out. Push ❤️ if you think this is a useful idea! Before to trade my ideas make your own analysis. Write your comments and questions. Thanks for your support!
BITSTAMP:XRPUSDLong
by Valeriia_Top
2
For XRP Army This months break below the key horizontal does not look good short-term. We all know how fast XRP can start to rally based on the epic bull runs of the past. A close of the May monthly candle back at the horizontal would be a key signal. That's a 10% move. About 1 week to go before candle close. XRPUSD momentum is positioned for a rise, but can it rise 10% more than whatever BTCUSD does in the next week..? Monthly MACD is pushing up towards the zero cross-over but still a way off. When will moon time happen for XRP? For now, we remain neutral.
by Sparkster
XRP Golden Cross - 3rd Time's A CharmThis is a daily view on XRP I am drawing attention to the most common "golden cross" in charting: when the 50 SMA crosses above the 200 SMA What I am specifically drawing attention to is the following: - During our prior 2017 bull-run, it took the 3rd golden cross to enter our bull market (SHOWN BELOW) - The first 2 golden crosses (red circles) resulted in prices rising above the 200 SMA, but then ultimately rejecting and crossing back below the 200 SMA (red 'x' failure, and red arrow move back down) - The 3rd golden cross (green circle) resulted in prices sky rocketing, entering our bull market (green check mark, and green arrow up) The same sort of fractal may be playing out in 2020: - I have indicated the same first 2 golden cross failures in 2020 - I have also drawn what appears to be our 3rd upcoming golden cross. So this begs the question: Will we similar price reaction and the start of our new bull market in XRP Please look at the chart BELOW, and the chart ABOVE and observe the similarities
POLONIEX:XRPUSDLong
by CryptoBullGod
2
XRP Hasn't Broken These 2 Trendlines Since 2017 ATH The various lines of ichimoku cloud act as support and resistance, as if you didn't know. It's fascinating to watch the 2 day chart using double ichimoku settings ('crypto settings'). You can see price has not broken above the cloud (but tested it several times) since the previous cycle bull run. A break above that cloud combined with a break above the long downwards trendline sets XRP up for a potentially epic rise. This market appears suppressed by bitcoin maximalism and possible whale manipulation. Suppressed forever, fundamentally worthless... or tightly coiled like a spring?
POLONIEX:XRPUSDLong
by Sparkster
2
XRP/USD - movement to the upper resistance level.Reason for the purchase: * Fastening above level 0.2060 * Increased volume (increased demand at the level) * Accumulation to continue driving * I see where to hide the stop loss At the weekly timeframe, the volume of trade increased. You can see from the moving average that the bearish trend is still continuing. But if the volume is increased, the change of trend increases the probability. I consider the 0.20 key level to be the key level, the decline will continue. Buying from the level, I consider it relevant. If you have your own opinion or thoughts about current market situation, feel free to write it in comment below !
BITSTAMP:XRPUSDLong
by Valeriia_Top
6
Ripple (XRP) Needs This Break Out Then Next Destination Is $5Falling wedge: The price action of Ripple is moving in a falling wedge pattern since August 2018. Recently after the strong bearish trend in the month of March 2020 the priceline of XRP again has hit at the support of this falling wedge pattern. Here I was waiting for two indicators to give bullish signals. One from stochastic to give bull cross and second for the momentum indicator to turn weak bearish from strong bearish after these two signals I was expecting that the priceline will again move up to make another attempt to break out the resistance of this falling wedge pattern. Finally on 6th of April the stochastic gave bull cross and on 27th of April the momentum indicator turned weak bearish from strong bearish and then the priceline of Ripple turned bullish and sofar it has reached almost at the half of the wedge pattern. Here we can observe one more thing that the relative strength index (RSI) indicator 1st went in oversold in January 2020 and in the month of March it went again very close to the oversold zone and now it has turned bullish. And if we see the priceaction of XRP then it can be easily seen that the priceline has also formed a double bottom as well that is another very powerful bullish sign. Indicators are turning bullish: falling wedge: Volume profile and Bollinger bands are giving bearish signals: If we see the two more signals on this weekly chart then the situation is little bit disappointed. If we see the volume profile of the complete price action moving within the pattern then it can be easily witnessed that the trader’s interest is very weak below $0.17. And if we move up then we find that the interest of the traders is very low above $0.33, this is almost the same level where we have the resistance of the falling wedge pattern. Therefore in order to have a break out from the wedge we need the interest of the traders should be developed above the level of resistance, moreover if we see the Bollinger bands then it can be easily observed that the upper band of Bollinger bands is below the resistance of this falling wedge pattern. Therefore it can play a role of resistance or hurdle for the priceline that can stop the XRP to break out the resistan. Therefore in order to achieve a successful breakout from this pattern we need the Bollinger bands to move above the resistance of Wedge. However if exceptional we will have a powerful buying volume then the Ripple can ignore these signals and breakout the resistance. Simple moving averages and bearish signal on daily chart: Now if we switch to the short-term daily chart and place simple moving averages with the time period of 25, 50,100, and 200 then we can see that since 14 March to 29th of April the priceline was moving up with a strong bullish rally and first the price action broke out the 25 SMA after that priceline faced a little bit resistance but finally broke out the 50 simple moving average. And during this the we can also watch the golden cross formation between 25 and 50 simple moving averages. Then on 29th of April the price action of Ripple broke out the 100 SMA but since then the price action is not able to break out the 200 simple moving average. And it is being consolidated between 100 and 200 simple moving averages. And now there is bearish signal appeared and that is on 30th April a powerful bearish engulfing candlestick is appeared that is a bearish signal. This candlestick has completely in engulfed the bullish candlestick of 29th April. Therefore in order to break out the 200 simple moving average we need another powerful bullish engulfing candlestick that should engulf the bearish engulfing candlestick of 30th April or at least it should be equal to this bearish candlestick. Then this bearish candlestick will be cancelled. But unfortunately sofar after that bearish engulfing candlestick we have a two weak bullish candle sticks and and today we can see a weak bearish candlestick as well. Up channel: On the same daily chart the priceline of Ripple is moving within an up channel since 17th of March. At this time the price action has reached at the resistance of this channel but could not break out this resistance even after powerful bullish candlesticks with long spikes and now we have few weak bullish candles moving sideways. Here I am watching for two more indicators one is stochastic indicator another one is the momentum indicator.The stochastic indicator has already visited the overbought zone and it has given bear cross. Now if with this bear cross of stochastic indicator the momentum will be turned weak bearish from strong bearish then we can expect that the priceline may re-test the support of this channel and that is at $0.20. I am not expecting as that much powerful bearish move that the priceline would re-test the support of the falling wedge that has been formed on the long term weekly chart. Therefore after retesting the support of this channel the priceline may again move up to make another attempt to break out the resistance of this channel. Up channel: Stochastic and momentum: Key level resistance at $0.31: Now I would like to discuss a major key level resistance and support level for the priceline of Ripple. And that strong resistance and support level is at $0.31. If we seen on the chat then we can easily observe that since the XRP born this $0.31 has been very powerfull resistance and support level in the history of XRP. First we can see that it has been working as a strong resistance from May 2017 to December 2017. But once this resistance was broken in December 2017 then within one month upto January 2018 price action started very powerful bullish rally that produced more than 1476% gains. And reached more than $3. Then from January 2018 to August 2019 it has been working as a a strong support for the priceline but once in August 2019 this support has been broken down since then priceline could not breakout this resistance again. Therefore we can expect that once this resistance will be broken out then it can repeat the same move of Dec 2017 to Jan 2018 and produce more powerful bullish rally than bullish rally of 2017 to 2018. And this powerful bullish divergence can lead the XRP to reach $5 that will be all time high price. Conclusion: On short term the Ripple is giving bearish signals therefore we can expect bearish rally on the daily chart but on the long term the XRP is bullish and once the key level resistance of $0.31 will be broken out then XRP can achieve the all time high price. Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
BITSTAMP:XRPUSDLong
by moon333
3
Quick look at where XRPUSD stands early MondayHello guys, The XRPUSD pair could not find its direction during the weekend after moving above the 50-day EMA and the downtrend line on Thursday and Friday. The major altcoin climbed up to $0.195 on Saturday, but could not continue with its good performance on the last day of the week and formed a similar candle, but in the opposite direction. The XRP ended the last seven days at $0.188, remaining flat for the period. For the moment the price is responding pretty well to the support levels. As you can see on the provided chart, we are following our plan of action with no major obstacles for the moment. The next target up is naturally the $0.20-$0.215 zone, which already proofed to be quite a strong resistance earlier this month. Down we need to avoid a drop below the 50-day EMA and the $0.18 mark. It is very likely to see a re-test of that zone though. The RSI is not ideal and we are struggling to move above the downtrend line. Volumes remain stable in the $1.9-$2.0 billion area since Friday. I cannot see anything interesting on the 1h chart for the moment - bulls are finding support at $0.19, but could not get passed $0.195 for a second consecutive time in the last 10 days. I'm overall bullish, at least in the short to mid-term and up to $0.23. In the long-term, we are still in a serious downtrend since July 2019. Cheers,
BITSTAMP:XRPUSDLong
by FutureBlockchain
2
Long term Looking 2017 Year Price 3$ Short Term 0.50$ =Next BullAll Eyes On Bitcoin XRP pointing to the $0.2£ price point as a potential target for a long 0.26 and more upside Resistance 0.3250, 0.3812 and 0.44$ to 0.50$ The technical building a bullish case for XRP, the altcoin’s price action is largely dependent on that of Bitcoin, as the market leader’s directionality dictates the overall trend of the crypto industry. Wait for Next BITCOIN BULL RUN, BTC 7400$ break can go bitcoin 10k and 12k$ That bull run can drive XRP back 0.50$ with correction. 🛑SUPPORT/RESISTANCE ✅S1= 0.15$ ✅S2=0.12$ ✴️R1=0.26$ ✴️R2=0.34$ ✴️R3= 0.44 Please like, share, comments and follow me to get daily base analysis Thank you for your support, I appreciate it.
POLONIEX:XRPUSDLong
by Allmypips
9
Where your moon boots at?Nah just kidding I'm not a moon boy nor am I negative about XRP. I do hold it because there is real potential and its ultimate goal is fairly simple and it is also useful...which some major banks and organisations are patterned with ripple. It amazes me that other cryptos out there are trading a lot higher than XRP that don't actually hold much value or their goal is not actually widely beneficial. DYOR - these are bottom prices for some cryptos and i'm more than willing to buy them. XRP has not "mooned" or exploded yet because there isn't a demand. Once the supply drys up then the demand follows and that's where price climbs and yes I know there is lots of xrp that gets released from escrow every so often. Looking at this chart though its just asking to rocket...there was a tweet floating around that said the market cap is way off for xrp and over 70% has already been bought which did look legit? again dyor. If ripple did an IPO then I would look to sell some xrp and buy the IPO.
BITFINEX:XRPUSDLong
by XHRISTIE
7
XRPBTC BULLPEN OPEN!!No oped on this one -- figured I'd keep it short & sweet. Head & Shoulders indicator coupled with massive volume surge led me to dig futher. Green Horizontals represent TP1-3 with TP3 a midterm sweep. Red horizontal worst-case stop. Markt VOLATILITY: HIGH Keeping this publication NEUTRAL as next move is contingent on BTC price volatility. Risk/Reward: 25/75 BB / KC / VOL / Sqz & RSI all seem to bolster this bullish breakout (long overdue IMHO) as XRPBTC has been looming around trading sideways since the middle of last quarter. Peace & Love all @A1mtarabichi
by a1mtarabichi