XRP bullish move in sightAs we can see in the chart, From a weekly perspective xrp is moving within a pennant. We just broke the trendline from the bottom to collect orders from the liquidity zone below, and have now moved back within the pennant and showing bullish price action. The next area of interest is around the $1.15 mark, and once we have a clear break of the pennant, this can indicate further bullish moves.
Ripplebreakout
XRP can touch 0.52 today! BINANCE:XRPUSDT
XRP since May walking in downtrend! This fib is plays perfectly! Yellow arrows shows 2 times we rejected on downtrend line. After break out but false retest XRP going in to accumulation zone (white box) and retest fundamental price (green line) 0.52. So depends of today FED decision we can see this price once again.
This is always good enter point. On MACD I think XRP is ready to go in to buyers zone but we didnt see volume on chart. Thats why I can expect one big squeeze down at least to 0.65.
But globally chart looks logical. So If cycle will be longer 2.26$ for XRP can be realistic price by end of bull run. If we will see altseason in January when BTC capitulate targets for XRP 1.24 (0.5 level FIB) and 1.65 (0.78 lvl FIB)
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Ripple- 0.9 zone is strong resistance nowAfter the strong drop and break of 0.9 support from the beginning of December, XrpUsd has rebounded and is in a consolidation phase now.
0.9 old support is now strong resistance and short-sellers should look for opportunities to sell in that zone.
My medium-term target for Ripple remains in 0.5 zone and only sustained buying pressure above 0.95 would change my opinion
XRP Sell a break setup.Ripple - Intraday - We look to Sell a break of 1.014 (stop at 1.036)
Our short term bias remains negative.
1.017 has been pivotal.
A break of 1.017 is needed to confirm follow through negative momentum.
The bias is to break to the downside.
Our profit targets will be 0.952 and 0.932
Resistance: 1.050 / 1.070 / 1.100
Support: 1.020 / 1.000 / 0.950
Can Ripple drop to 0.85-0.86 zone support?Like a lot of coins, Ripple also has made a local top on 10th November. Since then, XrpUsd is trading down, making lower highs on our chart.
Also, Ripple has broken under symmetrical triangle support and now is trading near 1.02 support
A break of this support would give scope to further drop and open the door for 0.85 zone
Only XrpUsd back above 1.1 would put a pause in this bearish scenario
In my opinion, rallies should be sold
XRP's Bull Structure Formed is MASSIVE!Using this comparison against BCHUSD we can see the initial spike length (%) and the preparations for the next bull move
As you can see XRPUSD's structure is massive
This implies the bull move that will result as per this structure will be a lot larger than that of BCHUSD
I have been pretty wrong with my XRPUSD predictions, (THE BULLRUN for XRP IS TAKING ITS TIME!)
I hope this post gives some faith/hope for XRP hodlers
XRP 5 wave up on macro wave 3XRP has begun it's travels up for wave 3 with a 5 wave structure up. We could see it dance for a little bit down to wave 4 targets again before up for wave 5 around the 1.17 range. I've noticed at few Alts like Matic following this same trend. Total crypto market cap hasn't change from 2.6T from the other day. I suspect we're see money trick out of BTC into some alts as BTC dominance is falling some.
XRP Hit W2 target. Up for W3XRP's wick down hit my wave 2 target of 1.04762. It tried going a little further for the 1:1 target for red wave C (it may still try for it). We should be on our way up to 1.618 (1.83276). I will update you on the sub waves as we move through wave 3. RSI is looking oversold on everything. The candles have wicked way outside of the bottom Bollinger band. This is a good indicator a move up is on the way!
XrpUsd- 1.4 is my targetThe spike under 1 for Ripple was quickly reversed and the crypto has re-entered its familiar range started at the beginning of the months.
A new wave of buying in the crypto market is just around the corner and this can put Ripple on the run up to 1.4 resistance
I'm bullish as long as the price is above 1 figure
XRP BTC pair ready for breakout?Seems XRP is building up several factor's for breaking out upwards.
Currently in a bullflag and in the general picture XRP is really bullish.
Broadening wedge in a falling wedge.
If we would see xrp repeat it's cycle of 2017 we could expect the targets being reached, keeping in mind a BTC value of 85k -100k.
A positive outcome of the lawsuit could see this playing out.
This is not financial advice and for entertainment use only.
Good days are coming for ripple in the next few weeks!ripple is now struggling to break a resistance, it is so underpriced right now and I think that it can break the resistance. the ripple value is so much higher than this and now there is a good opportunity to buy and hold it in the next weeks or even months.
Ripple makes offshore transactions so much easy and has a great future roadmap too. Always buy and hold coins with good fundamental reviews. I assure you that ripple is one of them.
RIPPLE - $XRP - [WYCKOFF] PHASE DPhase D
The Phase D represents the transition between the Cause and Effect. It stands between the Accumulation zone (Phase C) and the breakout of the trading range (Phase E) .
Typically, the Phase D shows a significant increase in trading volume and volatility. It usually has a Last Point Support (LPS) , making a higher low before the market moves higher. The LPS often precedes a breakout of the resistance levels, which in turn creates higher highs. This indicates Signs of Strength (SOS) , as previous resistances become brand new supports.
Despite the somewhat confusing terminology, there may be more than one LPS during Phase D. They often have increased trading volume while testing the new support lines. In some cases, the price may create a small consolidation zone before effectively breaking the bigger trading range and moving to Phase E .
more information on the Wyckoff Method Explained here in Binance Academy
Ripple Drops 38% From September Highs; Time To Buy The Dip?
Ripple extends the bearish leg to $0.86 but recovers gradually to $0.94.
A confirmed breakout above $0.95 would affirm the bulls’ grip on the price for gains eyeing levels above $1.
Ripple explored the levels below $1 following the bearish wave that started hitting the market on Sunday. The cross-border token had lifted to September highs of $1.4 before a correction trimmed losses. Initially, support between $1 and $1.1 mitigated the impact of the bearish wave.
Nonetheless, the last two days have been highly volatile, with Bitcoin dropping from above $48,000 to nearly $42,000. Meanwhile, XRP plunged to test support at $0.9, but the candlewick hit lowers $0.86 for the first time since August.
Ripple Could Be Preparing An Upswing To $1
The support at $0.9 currently ensures that Ripple does not drop to the following critical demand zone, the red band slightly below $0.8. At the same time, it ensures that buyers have the upper hand as they focus on the rebound to $1.
Ripple is trading at $0.94 at the time of writing amid a bullish building momentum. The Moving Average Convergence Divergence (MACD) emphasizes the bearish grip at the moment. Still, there is a possibility of a buy signal coming into the picture, especially if Ripple gains momentum above $0.95.
It is essential to watch out for the 12-day Exponential Moving Average (SMA) crossing above the 26-day EMA. Moreover, a consistent MACD movement toward the mean line would add credence to the optimistic outlook.
As Ripple recovers, some delay should be anticipated at $1, where some holders will try to break even, dampening the selling pressure. However, the most substantial supply zone is the red band on the four-hour chart. A break above this area could liberate XRP and pave the way for another leg up to $1.2 and later to $1.4.
On the downside, if losses extend below $0.9, Ripple will quickly drop to the green band, whereby bulls will put up a fierce fight, perhaps sending the cross-border token significantly upward.
Ripple Intraday Levels
Spot rate: $0.94
Trend: Bullish
Volatility: Expanding
Support: $0.9 and $0.8
Resistance: $1 and $1.1
Ripple Legal fight is holding the priceHello everyone, as we all know the market action discounts everything :)
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Ripple is trading around the $1.15 area , XRP should have performed better given its development this year. However, The main reason why its doing bad is its prolonged legal battle with the SEC, which caused a lack in media coverage for all his projects development.
The second reason is the continued sale of XRP coins by Jed McCaleb the founded of Ripple and he served as the CTO of the company Ripple until 2013.
In January 2018, it was reported that McCaleb's Ripple token ownership was worth $20 billion,
Different market movement Scenarios for the next period of time :
Scenario 1 :
Ripple is trading at 1.14326 currently, and the Bears seems to be pushing the price down and it will soon hit the first Support line at 1.09812 where the Bulls will battle with the bears over control in hope if pushing the price back up, and if that to happen then the price most likely will be moving up and headed near the first Resistance line at 1.23804 and with a strong push from the bears it could breakout and keep going up to the 1.37796 level.
Scenario 2 :
If the Bulls make a move and take control over the market then we will see the price move to the resistance level at 1.23804 where the Bulls power will be tested by the Bears and they will try to take control over the market which will lead to the price dropping down back to the support zone between 1.00484 and 0.95820, showing that the Bulls are having a very hard time breaking out and holding the price above the 1.25$.
Technical indicators show :
1) The market is below the 5 10 MA and EMA (indicates short-term Bearish movement) but still above the 20 50 100 200 MA and EMA (indicates a Bullish state in the market for the long-term )
2) The ADX is at 38.79 showing that the market is trending with a positive crossover between DI+ (21.60) and DI- (16.42) (Bullish sign)
3) The RSI is at 55.84 giving us a buy signal, and it will probably be headed to the overbought zone soon.
Support & Resistance points :
support Resistance
1) 1.09812 1) 1.23804
2) 1.00484 2) 1.28468
3) 0.95820 3) 1.37796
Fundamental point of view :
Since the launch of XRP, Ripple has been an innovative company. The project has always looked for ways to stay ahead of every competition. For example, XRP partnered with MoneyGram allowing MoneyGram to use Ripple’s solution for decision-making.
This year, Ripple has been on several partnerships improving its Asian dominance, especially the Japanese remittance deal. In addition, Ripple plans to add a smart contract feature to XRPL.
Smart contracts are essential for blockchains and their addition to the XRP Ledger is a step in the right direction for the company. The company has also revealed plans to go public after the conclusion of the lawsuit with the SEC. According to Dailycoin.
This is my personal opinion done with technical analysis of the market price and research online from fundamental analysts and news for The Fundamental point of view, not financial advice.
If you have any questions please ask and have a great day !!
Ripple Price Analysis: Can XRP Rally To $2 After $1.1 Holds?
Ripple price loses over 7% of the accrued gains in 24 hours, revisiting support at $1.1.
XRP must surmount the resistance at $1.4 and $1.6 to pave the way for an upswing to $2.
The MACD could flip bearish anytime as the 12-day EMA crosses below the 26-day EMA.
Ripple closed last week at $1.35, a move that had spurred investor interest and speculation for gains to $2. Nevertheless, a correction occurred with XRP losing some ground toward $1. Support at $1.1 plays a crucial role in ensuring that losses were mitigated, but data by CoinGecko shows that Ripple is trading 7.4% lower in 24 hours.
Ripple Price Recoils After Support At $1.1
The cross-border money transfer token currently teeters at $1.2 as bulls focus on lifting above $1.4 in the near term. According to the Relative Strength Index (RSI), bulls could have salvaged the situation, preventing continued correction.
Currently, the RSI, which follows the trend of an asset and measures its strength, is holding at 70. As it resumes movement into the overbought region, XRP is expected to lift higher.
Intriguingly, the 50 Simple Moving Average (SMA) may cross above the 200 SMA in the coming sessions, as per the 12 hours chart. Although this indicator is not a golden cross, it often ascertains a move north. Therefore, it could trigger another firm bullish grip as buyers take on $1.4 and $1.6 barriers.
It is worth mentioning that traders should be aware Ripple’s anticipated upswing may fail to occur, especially if the Moving Average Convergence Divergence (MACD) indicator flips bearish in the coming sessions. According to the exact timeframe, a sell signal is in the offing. The odds for an extended correction would increase as soon as the 12-day exponential moving average (EMA) crosses below the 26-day EMA.
The MACD tracks Ripple’s trend and calculates its momentum. A move toward the mean line reinforced the bearish outlook. Hence, it is one of the most crucial trend indicators, especially when identifying entry and exit positions.
Ripple Intraday Levels
Spot rate: $1.21
Trend: Bullish
Volatility: Expanding
Resistance: $1.4 and $1.6
Support: $1.1 and $1