XRP/BTC - Short Term Target Reached :-) We're tracking this trading pair daily. If you'll like this idea please give us a like and subscribe to our channel :-)
So yesterday we hit 2 of our targets. First was retracement target and second, was our main short term target which was on the top of the rising wedge at 3585 sats .
At the time of writing, we're at the retracement again and in this post, I will give you an idea on key levels to watch.
1. At the moment the price is increasing. The key level to watch is at 3544 sats . If XRP will break this level the further leg up is expected, otherwise we can expect another drop up to the 3412 sats .
2. If this will be a case the 3412 sats would be a crucial level to watch. As long as XRP will stay above this level would be ok. Otherwise, we can expect to test the lower line of the rising wedge at around 3260 - 3300 sats .
We just need to wait and see what will be happening next.
Hope this TA will help you and thank you in advance for all your likes :-)
Ripplebtc
Ripple vs Bitcoin Hello, Traders!
Monfex is at your service and today we overview XRP/BTC.
The formation is very similar to an ascending wedge, for which the target is a breakout the support line, this is also in accordance with the strong bearish divergence by RSI.
But there is also an another side where XRP is on a good bullish wave and not so far we can observe the upcoming first global zone of resistance.Also, BTC Domination is falling and we can expect growth of Altcoins in the near future.
The first resistance zone ~ 0.00004080
The second resistance zone ~ 0.00005650
The volume resistance zone ~ 0.00004900
Share your thoughts, ideas about the market under the chart.
Watch for our Updates to be the first who gets well-timed signals !
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
XRP/BTC - Ripple Chart Nobody Is Seeing Right NowWe monitor this trading pair daily, so don't miss the updates and subscribe to our channel :-)
Today we will look at this trading pair on the weekly timeframe which shows us an extremely bullish opportunity in front of us. For the purpose of this TA we will be using a line break candles. These candles reduce noise and give us a clear direction of the trend. More about this trading technique you can read at the following url: school.stockcharts.com
On the weekly chart, we can notice two consecutive green candles which are very bullish signs for further price development. If history repeats itself we can expect more than 400% gain from the current price. We just need to wait and see what will be happening. I believe that I don't need to talk so much about this chart. With this chart, I would only like to demonstrate to you a big picture of our game plan which we will follow.
For a clearer picture of what's happening right now let's move on the lower timeframe.
Daily Timeframe:
Yesterday we mentioned that retracement would be finished at 3295 sats and exactly this has happened. Today we're up for 9% from our entry price and yesterday's daily candle closes above the major resistance line at 3365 sats. This is a very bullish sign.
Above the current candles, we have the upper trend line of the pattern we're in. This is the rising wedge which usually represents bearish pattern with the continuation of the price action. But .... we need to say that so far we only have 2 touches of this trend line and there is a great probability that this trend line would be broken. If this would be the case we will be facing another resistance at 2000 Moving Average which is at 4083 sats price level. This price level is another short term target. If we go beyond this price level, the parabolic bull run is expected.
So far we have 2 very short term targets, where the price can "swing".
Target1: 3589
Target2: 4083
Retracement:
Everything above 3430 sats is ok. In the next few hours, we're expecting a little retrace. Nothing serious, but we always need to have an eye on BTC. If BTC for some reason will go parabolic in one or other direction this will have an impact on the price of alts.
Does a Bullish mode is active for RIPPLE ? Hi, dear Traders!
Monfex is at your service and today we overview XRP/USD .
What do you expect from Ripple ?
We have already described in the preceding charts the situation and perspective by XRP and now we will determine the buy levels.
According to the weekly chart, a lot can be said about this asset. For example: by a breakout of the key level(~ $ 0.315 ), along with the MA, it is most likely to go to test the resistance line. If XRP break this resistance line, it will be a strong signal to start new Bull Run .
RSI is also rising at the intersection of the buy levels.
Accumulation area near $ 0.20-25
Target minimum by breakout this key level - $ 0.36
Share your thoughts, ideas about the market under the chart.
Watch for our Updates to be the first who gets well-timed signals !
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
RIPPLE Hello, Traders!
Monfex is at your service and today we overview XRP/USD .
The first signal to the begin of the bull trend is a break of the resistance line, the second is the key level for the start of the bull trend. But at the moment, XRP is under the line and globally in a bearish trend.
Local support level $ 0.268 - 0.27
Local level of resistance $ 0.28 - 0.285
Key resistance level for bull trend ~ $ 0,318 - 0,32
Share your thoughts, ideas about the market under the chart.
Watch for our Updates to be the first who gets well-timed signals !
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
XRPBTC formed bullish BAT a good buying opportunityThe XRP / Bitcoin has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
MACD is changed weak bearish from strong bearish.
Stochastic is oversold and has given bull cross.
I have used Fibonacci sequence to set the targets.
Buy between: 0.00002992 to 0.00002959
Sell between: 0.00003071 to 0.00003190
Regards,
Atif Akbar (moon333)
XRP/BTC setting up for another large rally?XRP/BTC is potentially setting up for another large rally. Price has reclaimed the 10 week moving average and is trading above it for the first time in nearly 9-10 months. Price has also tapped a historic price level around 2300 sat's that has been a key pivot point throughout XRP's history. I am keeping an eye on this one and it could be setting up for another huge rally. I wouldn't be surprised to see the 20 week MA get tested and knock the price back down a bit before consolidating then making another attempt at breaking it. Ultimately, this setup on the weekly view is shaping up to be quite interesting. Also, for any crypto traders out there, Binance just launched their US exchange (Binance US.) If you need a link to go sign up, click here--> www.binance.us
MA Guide (All Weekly for this post):
10 MA in Orange.
20 MA in Pink.
-This is not financial advice. Always do your own research and own due-diligence before investing and trading, as for investing and trading comes with high amounts of risk. I am not liable for any incurred losses or financial distress.
XRP Ripple why so bullish?I don't understand : people are why so bullish on XRP.
Ripple is still the most overvalued shitcoin in the universe - regardless of how much the exchange rate is
Only good for speculations, very massive dump since months, this little upward correction inside a descending triangle was healthy, but not a bullflag anyway.
I think only speculation and hopium is there and the XRP whales are dumping (or anytime could printing) more and more coins into the FOMO people's bags.
I hope your money in safe there, because I see almost 50% correction there on the charts.
Inside this triangle even divergence means nothing for me.
After a successfull and strong breakout maybe good for onetime pump trade, but that time is not here.
Ripple breakout has begun. Last chance to buy in?If past is prologue, than we are heading to at least 100% profits. Here are some fundamentals for the breakout:
RSI is bullish
MACD is bullish
Rectangle show consistency for a bullrun
Disclaimer : Cryptocurrency market is notoriously unstable and are easily influenced by external events. This is no guarantee that Verge will breakout. This analysis is based on past events and indicators.
Ripple XRP has a big move incommingLooking at the Ripple chart from a higher timeframe makes me think a big move is incomming for XRP:
- Big squeeze on the OBV during sideways action.
- Big bullish divergence ready to play out.
Me personally am not trading this (yet). I would like to see Ripple get above the daily cloud, so I can jump in on the new trend. However, this could be good news for all the ripple holders.
XRP Finally Gave This Buy Signal After Exactly 1 YearGood evening traders!
I know... I know... I know... the chart is ugly. I apologize.
Also... It's XRP.
The ultimate, centralized shitcoin.
The key thing to remember is that we are traders. The fundamentals of a project are irrelevant to our technical analysis.
Wasa... wasa... wassssup!
We always trust our charts and look for patterns to repeat. In this case, it's the pump cycle on XRP revisited.
First things first, we are seeing Bitcoin dominance finally start to show weakness.
We hit a high time frame resistance level at the weekly resistance from 72% Bitcoin Dominance level.
Based on the weekly RSI, we may see a shift down to the 62-63% zone.
As for XRP, I use this 3 day RSI pattern to determine bear control and bull control.
There are a few things we can see from this RSI.
1.) A cross over from above to below 53 = Bull trend over and a downtrend will start.
2.) A cross from below to above 40 = Bear trend over and an uptrend will start.
3.) The initial pumps occurred exactly 365 days apart. (very interesting.)
If you remember my last chart on Bitcoin buying zones, I talked about bear market and bull market control.
Next up is Fibonacci.
For XRP, it is insane how precise it holds to the fibonacci levels. I want to show you this chart that using the cycle from 2015 as the swing high/swing low for the fibonacci levels.
As you can see, the cycle high top hit the 261.8% fib level perfectly and we can also see that we recently bounced on the 23.6% support similar to in the past.
This would give us high side targets of 38.2, 68.1 as well as the 100% cycle high.
I'm not 100% convinced we will get a 2017 style pump no XRP, but I still see a 50-150% possible move out of it.
So for now, it appears to be a buy on the dip sort of rally unless our RSI level is broken again to the downside.
What do you guys thing? Will you be trading XRP?
XRPUSD (W): Main support broken. Next support at 0.15!Hello friends!
Situation: XRP has currently broken through all support lines downwards. At the moment I don't see any buy signal. Next support line is at 0.15 imo.
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Let's see what happens.
Happy trading. :-)
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XRPBTC under all support lines ...
Opportunity of Grabbing a Succeeded of XRPa forming pattern could signal a new bull run for xrp, but more confirmation must be flop before we can be certain of this prolly new bottom. cause if this whole pattern shows up it is still a short consolidation for a new bull run to confirm. but yeah we shall monitor this and decide soon whether to go in or not.
Last support levels for XRPRipple must be the most popular coin for people, who sell their cars and houses, or take credit, to buy bags of this shitcoin, as they believe this coin should be growing. The truth is that XRP had too much advertising/marketing, while doesn't really posses any value for future - constant downtrend it has been into for the last two years just proves it.
Nevertheless now price approach last support levels formed back in 2017 and this will be the final zone before this project fall into pieces. Or pump, if support works. So do you believe in Ripple enough to give it a chance? If you do, watch out for these price levels - 2400 - 2250 - 2000. If XRP bounce, nearest target will be 2700 and after 3300.
BUY XRP/INR FOR TARGET 200Go Long for XRP/INR. Current Trading price is INR 20. Expecting 10X return in next 2 years. XRP is 5th Highest in Market Capitalization. Fundamentally Strong compared with other crypto Currencies. Only buy it if you want to Hold for 5-6 years for 20X return.
XRP swing playXRP bullish entry gave over 7% profit (with leverage 10x over 70% ROE). After hitting second target price pulled back to our buy zone and made over 10% profit already (over 100% with 10x leverage)
For all who want to join XRP money festival buy on pullback at 2650-2680
Original Telegram PRemium channel signal from August 12th:
XRP often act as antagonist to BTC. Since yesterday it moves sideway, scary of BTC, but eager to go up. Original pullback zone is still valid for the case of BTC pump, but you may also play against BTC, and make a small bullish entry around 2635-2650. Targets are the same. Stop loss for this entry below 2620 or just double your position at pullback buy zone.
Pullback zone 2540-2570
Main target 2700
Bonus targets 2760 - 2840 - 2888
Stop loss below 2495
Stopless strategy - no