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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
Ripple - The world’s most accessible global payments networkNo one goes into the market thinking they should buy at the high and sell at the low. The problem is that at the moment when faced with the ups and downs of the market, it’s hard to resist the urge to do those things. Trading is all about spotting emotional excesses either to the downside or the upside. You want to be on the right side of those emotional reactions and not the wrong. #XRPBTC: I'm SHORT/ BEARISH position up until ( Black BOX ). I expect that $XRPUSD will rip down. This would mean that RIPPLE will lose more 35% of its current value against BTC before it can recover. Well, keep you updated as this timely issue evolves. If you want to win in this market, you need to be COLD and CALCULIST . #CRYPTO $XRPUSD #XRPBTC #XRP #RIPPLE #ALTSEASON2020 $BTC $BCH $BNB $XLM $EOS $ETH $ADA $LTC $TRX $XRP $IOTA $LINK $XTZ $BTT $XMR $NEO $BTT $MATIC $XMR $MRK $XEM $ONT $DASH $BAT $ZRX $LSK $NANO $REP #altcoins #bitcointrading #BuyTheFear #BuyTheDip
Short
by ferGOD
1
RIPPLE IS DYINGThis is not a popular outlook... but look at it. You're looking at BITSTAMP:XRPUSD ALL TIME. JUST LOOK AT IT. One epic failure. Technically, XRP should have done lots of things. Many empty promises and predictions remain unfulfilled and I can't help but wonder why. XRP had so much potential. Great partnerships. Great support. Great tech. But where does it show? It never has except for a brief failed breakout back in 2018. I bought some Ripple after reading another promising news article on Cointelegraph. However, after looking at the overall performance of XRP, I really can not see a future outbreak. If they have failed so far, chances are they won't make it in the competitive altcoin market. Hit like if you found this informative or helpful, I'm curious to hear your thoughts, please comment ! Regards, Ev
BITSTAMP:XRPUSDLong
by BlockTechEv
73
XRPUSD Ripple | SWING - 1. September. 2020Hello my friend | Welcome Back. Please support this idea with LIKE if you find it useful. *** The riyal, after breaking the downward trend and testing the breakout area, which is the support that is heading towards the upside to the price of 0.30000 cents. It may take some time to reach, but it will arrive. *** 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.
BITFINEX:XRPUSDLong
by Saeed966
XRPBTC Update: Profit=2390 SL= 420 Reward/Risk > 5.7:1 Trade Setup summary: Profit targets=2390 pip (290 + 850 + 1250) Stop Loss =420 pip Reward/Risk > 5.7: 1 Current Status: Total Profit: 1904 pip Closed trade(s): 1188 pip Profit Open trade(s): 716 pip Profit Trade Setup: We opened 6 BUY trade(s) @ 0.00002178 based on 'previous Forecast' at 2020.07.18 : Closed Profit: TP1 @ 0.00002250 touched at 2020.07.26 with 72 pip Profit. TP2 @ 0.00002360 touched at 2020.08.01 with 182 pip Profit. TP3 @ 0.00002500 touched at 2020.08.02 with 322 pip Profit. TP4 @ 0.00002790 touched at 2020.08.03 with 612 pip Profit. 72 + 182 + 322 + 612 = 1188 Open Profit: Profit for one trade is 0.00002536(current price) - 0.00002178(open price) = 358 pip 2 trade(s) still open, therefore total profit for open trade(s) is 358 x 2 = 716 pip 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 45. New Trading suggestion: . There is still a possibility of temporary retracement to suggested support line (0.00002500) again. if so, traders can set orders based on Price Action and expect to reach short-term targets. New Take Profits: TP4= @ 0.00002790 TP5= @ 0.00003350 TP6= @ 0.00003750 SL= Break below TP2 ❤️ 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
10
XRPBTC Update: Profit=2390 SL= 420 Reward/Risk > 5.7:1 Trade Setup summary: Profit targets=2390 pip (290 + 850 + 1250) Stop Loss =420 pip Reward/Risk > 5.7: 1 Current Status: Total Profit: 1904 pip Closed trade(s): 1188 pip Profit Open trade(s): 716 pip Profit Trade Setup: We opened 6 BUY trade(s) @ 0.00002178 based on 'previous Forecast' at 2020.07.18 : Closed Profit: TP1 @ 0.00002250 touched at 2020.07.26 with 72 pip Profit. TP2 @ 0.00002360 touched at 2020.08.01 with 182 pip Profit. TP3 @ 0.00002500 touched at 2020.08.02 with 322 pip Profit. TP4 @ 0.00002790 touched at 2020.08.03 with 612 pip Profit. 72 + 182 + 322 + 612 = 1188 Open Profit: Profit for one trade is 0.00002536(current price) - 0.00002178(open price) = 358 pip 2 trade(s) still open, therefore total profit for open trade(s) is 358 x 2 = 716 pip 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 45. New Trading suggestion: . There is still a possibility of temporary retracement to suggested support line (0.00002500) again. if so, traders can set orders based on Price Action and expect to reach short-term targets. New Take Profits: TP4= @ 0.00002790 TP5= @ 0.00003350 TP6= @ 0.00003750 SL= Break below TP2 ❤️ 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
XRP/USDT: Hidden Bullish Divergence Analysis 4H (Aug. 08)X Force Global Analysis: If you find our analyses to be helpful, make sure to support us by dropping a ‘like’ In this post, we analyze XRP's hourly chart, assessing its probable bullish and bearish scenarios for the short term. Analysis - To begin with, XRP has been consolidating within a bullish pennant pattern - Prices have been creating lower highs and higher lows - While bears have attempted to break the structure, bulls have managed to secure significant trend line support - There is a hidden bullish divergence in play, with higher lows on the price, and lower lows on the indicator - The Relative Strength Index (RSI) is at neutral zones, showing potentiality for a breakout - The Moving Average Convergence Divergence (MACD) has shown increasing bearish histograms, but seems to lack momentum for a golden cross formation - The Stochastic Oscillator has recently formed a golden cross at neutral levels as well, but is looking to get negated as there is a lack of momentum in the trend. - The Simple Moving Averages (SMAs) are all aligned in the order of: 20, 50, and 100 SMA - Prices have tested the lower bollinger band support - Prices have managed to bounce on the Ichimoku cloud support - For XRP to retest its new lower high, it must first break and close above the 0.618 Fibonacci resistance, providing confirmation What We Believe We believe that XRP's short term technicals demonstrate potentiality for a small breakout, possibly leading to a formation of a new lower high. However, for for further continuation, XRP would have to break and close above the bullish pennant structure. Let us know what you think in the comment section below Trade Safe.
by XForceGlobal
13