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Ripplebtc

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
Ripple, 2 Week Shifts Green, Falling Wedge Breakout? (XRP)As the other top contenders in cryptocurrency have been on a breakout mission as of lately... xrp ripple has been floating near the bottom of major support level aligned with the previous horizontal support level during the 1st major bullrun. It is good to see it start to try and make that transition here. On the larger timeframe of a 2 week chart we see a potential falling wedge in play and currently a breakout formation. This is an edge play. Strong impulse should send it back to 28-30 cents to test the previous break on an old support level, which is recent high and now Resistance.
BITSTAMP:XRPUSD
by UnknownUnicorn2319099
4
XRP/BTC 1W Jul. 25Suggested Entry: 2160 Target 1: 1915 Target 2: 1750 Target 3: 1560 Stop Loss: 2330 In a glance, the long term setup for XRP looks promising; it is trading within a descending wedge during a downtrend, which is a textbook pattern of reversal. However, it's important to take into consideration the fact that we have a 30% upside from a short position we could take. Candle patterns are showing a lack of bullish momentum, forming sequential doji patterns. Significant resistance levels are marked in red, support marked in blue. As the setup is inherently bullish, risk management is especially important for this particular position.
Short
by XForceGlobal
Don't miss the great buy opportunity in XRPBTC Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.00002060). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . XRPBTC is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 63. Take Profits: TP1= @ 0.00002250 TP2= @ 0.00002360 TP3= @ 0.00002500 TP4= @ 0.00002790 TP5= @ 0.00003350 TP6= @ 0.00003750 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
13
Don't miss the great buy opportunity in XRPBTC Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.00002060). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . XRPBTC is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 63. Take Profits: TP1= @ 0.00002250 TP2= @ 0.00002360 TP3= @ 0.00002500 TP4= @ 0.00002790 TP5= @ 0.00003350 TP6= @ 0.00003750 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
14
Where fundamentals outshine TA, XRP and AlibabaIt is still the early days for many coins! Over time we will see many coins die off as cryptocurrencies with stronger fundamentals and larger market caps live on. Comparable to the dotcom bubble in 2000. I acknowledge there will be a period of time between this where it will be 'stormy' where the overall cryptocurrency market cap will increase. This is the best time to capitalize on projects that you dont see holding longevity. I highly doubt this will be a completely alt coin friendly world. XRP is an example of a coin with strong fundamentals (integration with banks, developed network) yet weak TA (not much to analyze) Often you will see coins showing TA that promises huge potential (massive bull flags, huge falling wedges), yet will have weak fundamentals. This i see as bait. Choose your cryptocurrencies wisely. I am long XRP. Bix
KRAKEN:XRPUSDEducation
by Bixley
🤢🤮 Ripple Has Not Looked Attractive. (XRP)💰 LET'S GET INTO SOME RIPPLE ANALYSIS!💰 1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤ (Overall Market Sentiment) 🐻 Bearish - 3day Chart - Red Engulfing Candle - 3/3 EMA DOTS Red I displayed the the curve of downward price action as we have been dropping red consistently and have been red the last 3 weeks on ripple. Based off the curve of the overall trend I think this one could get real ugly. Your main Resistance is literally a straight drop. Best of luck to you and all of your trades this week! 🤜 Drop your charts and comments down below, share with us what you think is going on in the markets! ❤❤❤ Thanks for checking out our analysis! ✌😁✌ 🥇MLT | MAJOR LEAGUE TRADER
BITFINEX:XRPUSD
by UnknownUnicorn2319099
19