Ripplebreakout
XRP/BTC, Ripple/Bitcoin - WOW🔥Strong potential pairPrice is near a super-strong key level. It will be good if the price will be in a long range near the level for a fast and big increase. Potential more than 300%. I'm keeping my attention
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
XRP is having a good chance to be longed 30/01/2021i believe Ripple is giving us an other chance to get along it
it seems that the market has done its accumulation Phase and currently getting itself ready for the next upraise
we have used Price action analysis in order to specify the Supply and Demand zones and Fibonacci Projection to project the next Target areas
we have specified the growth and forecasted it on the chart by Fibonacci time zone tool
please comment your opinions
Ripple (XRP) - what to do? 2️⃣ scenariosAs we can see, XRP broke the trend line. There are 2 scenarios of movement.
Firstly, we will continue dropping to 0.7783 level ( it's high of December 2020) and bounce from this level.
Secondly, we'll start to create a range near to 1.05 level for further growth.
Keeping a close eye on the situation.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Ripple bulls focus on settling above $1
The flagship cross-border token hit a multi-year high at $1.1.
The trend is in the bull's hands despite the hunt for higher support.
A correction under $1 would trigger declines likely to test $0.8 and $0.6.
Ripple has been like Usain Bolt on steroids over the last few days. The cross-border token had significantly suffered following the lawsuit filed against Ripple Labs and its top executives in December. The Securities and Exchange Commission (SEC) alleges that the blockchain company sold unregistered securities to investors and stayed away from regulation for nearly eight years.
Although the lawsuit is still ongoing, there is reasonable progress to believe that Ripple Labs will be cleared while XRP is allowed to operate as a whole cryptocurrency. Meanwhile, investors took action into their hands during the Easter holiday to incredibly pump the token's price.
Ripple rose above several key resistance zones, including $0.6, $0.65, $0.75 and the critical $1. The bullish leg did not stop there but took advantage of the tail force to achieve a three-year high of $1.1.
At the time of writing, Ripple is teetering at $1.05 amid a corrective move from the multi-year high. The primary goal is to secure higher support, preferably above $1. Note that the Moving Average Convergence Divergence (MACD) indicator shows buyers are in control. The wide gap made by the MACD line (blue) above the signal line confirms the bullish outlook.
It is worth noting that XRP may correct under $1, marking the dumping period's beginning. If support at $0.8 fails to hold, Ripple will seek refuge at $0.6. The 50 Simple Moving Average (SMA), the 100 SMA and the 200 SMA are in line to prevent losses as far as $0.4.
Ripple intraday levels
Spot rate: $1.05
Trend: Bearish
Volatility: Low
Support: $1, $0.8 and $0.6
Resistance: $1.1
XRP Fooled me twice in 24 hours - My thoughtsHi guys,
my thoughts on XRP Ripple breaking my 'resistance level' twice.
Listen to my thoughts in the video, it could be a nice educational one hearing it from an experienced trader and how to adopt when an asset is just not 'listening' to what what we see on the chart.
One Love,
the FXPROFESSOR
XRP is at a crucial point!!So as I already said XRP has been forming a nice bullish triangle...
Right now we can see it's about to break up or bounce down...
GREEN
If we get a closure ABOVE the resistance... we can see a price around the green area 0.8-0.9
BLUE
If it bounces back we can see it coming to lower resistance and bounce up to the area as well
RED
We might also see a breakdown to the lower support area and our long trendline...
XRP is still pretty bullish in long term!
Change my mind!
XRP - a good squeeze before the growthThe situation on Ripple: Continued accumulation in the range. I expect a continuation of the squeeze, a breakout, and a big rise.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Ripple closer lookXRP may undertake a move within this triangle,
this triangle is the bottom of a rising broadening wedge or a megaphone
the structure has already experienced three tops, so breakout potential becomes less likely
Having a look at XRP on the weekly chart however, it can be seen that a bullflag has formed
XRP primed for a 74% move as key technical pattern matures
Ripple continues to with the uptrend following a break above the stubborn resistance at $0.5.
An ascending triangle pattern eyes a massive upswing to $1.12.
Losses under $0.5 may see the bearish leg extend back to the 200 SMA at $0.35.
Ripple is nurturing an uptrend aiming for new yearly highs. This upward movement appeared after the cross-border token overcame the stubborn resistance at $0.5. Meanwhile, XRP is doddering at $0.57 amid the persistent push by the bulls to overcome the near-term hurdle at $0.6.
The Relative Strength Index shows that XRP is in the bulls’ hands. At the time of writing, the RSI is in the overbought region in the wake of liftoff from the oversold area. As long as the indicator remains in the same position, we are likely to see Ripple continue with the up-trending market.
Simultaneously, Ripple has printed a vivid ascending triangle pattern. This pattern is bullish and usually results in a colossal breakout. It is formed by two trendlines; one connecting the relatively equal peaks and another linking the ascending lows.
A breakout comes into the picture when the price slices through the horizontal line (x-axis). Triangle breakouts tend to have exact targets measured from the highest to the lowest points, as illustrated on the chart.
As for Ripple, price action above this technical pattern would result in a massive upswing, targeting a multi-year high of $1.12. Some resistance is anticipated at $0.65 and $0.75, however, once eliminated, XRP would commence the majestic uplift.
If push comes to shove and the expected breakout fails to come into play, we can expect XRP to delay the ongoing uptrend. Losses under $0.5 will seek refuge at the 50 Simple Moving Average on the daily chart, the 100 SMA, and the 200 SMA.
Ripple intraday levels
Spot rate: $0.57
Relative change: 0.036
Percentage change: 6.8%
Trend: Bullish
Volatility: Low