XRPBTC (D): Ripple vs Bitcoin - Be watchful!At Ripple, we may see a number of indicators that could guide us the direction: First, elliott wave. According to ABC, we may have seen 12345. That would lead to a correction of ABC . But also a rising wedge could crystallize out. And the Gann Fan also indicates more to 8/1. We should watch this closely the next few days. If Ripple breaks through the resistance line, an interesting development could open up. But it doesn't look like that at the moment.
Look also at:
And bw: Happy new year!!!
Let's see what happens. Happy trading. :-)
Ripplebtc
RIpple - I know a Wedge if I see one.Hey, I am back with another Technical Analysis, this time looking at Ripple/XRP.
Quick and straight to the point.
Which has looked like an accumulation , has turned into a rounding bottom.
Ripple has seen a good volume move, which I didnt expect this early to happen, I expected a longer accumulation but still, move was significant and broke through 10,000 sats easily.
Moves like these are hard to sustain , this one failed after Ripple has shown a rising wedge, which is a bearish patern , and broke below 10,000 sats.
Currently Ripple is in a Falling wedge, which is a bullish pattern , and is getting ready for another push up!
Would you like more familiar Technical Analyzes?
Let me know in the comments or simply just by hitting that " agree button ".
Thanks for your time and good luck trading.
Catch the falling wedge for XRP (Ripple)Hi ladies and gents. Here's a look at XRP for today.
Looks like we've got a falling wedge pattern forming on XRP. This is a continuation pattern.
You'll notice this falling wedge pattern follows a steep rise in price on Dec 18 which gives us our pole.
You can see the upper trend line (red/resistance) and lower trend line (green/support) are converging to form a cone as the pattern matures.
At some point we will have another test of the upper trend line. If it breaks through, look for a possible retest of our resistance line as our new line of support. This should give us a good indication if this is going to be a real (bullish) or false breakout. We must have a convincing breakout before getting in. A possible entry point would be just above the upper trend line, with a stop just below the lower trend line in case it falls and retests. If we have a breakout, move your stop point up to lock in your profit.
Additionally, volume is important to confirm a falling wedge breakout. Without good volume, the breakout could fail and begin to fall. So keep an eye on the volume.
XRPBTC RIPPLE - Cup & Handle WatchBeen on a long break from trading since I don't like trading bear markets, but I'm slowly coming out of hibernation as it seems like things might start to get interesting again in the coming weeks/months :)
This is a potentially nice cup & handle forming on XRPBTC - with a decent volume profile to match. See the chart for the target area.
I'm being cautious since the peaks were formed by pretty long wicks (depending on what timeframe you're looking at) but that's also pretty typical of XRP price action anyway so it's probably fair game.
As always, wait for a breakout with a volume spike, and if you're being cautious, wait for a bounce off the neckline after the breakout. Personally I'm probably just going to long the breakout because sometimes XRP tends to shoot up frantically without waiting for you :)
Volume has finally arrived! Ripple TA with Updates.Hey! I am back with Another Technical Analysis with updates!
The More likes, the More updates!
So why I am looking at XRP/BTC chart and not XRP/USDT?
Because the BTC chart shows actual Ripple moves, demand and way precise candles. In USD value you may see that Ripple is losing Value, when in real its just rising in value, that why we look at XRP/BTC in short.
So as I suggested in my previous technical analysis Ripple has been in Accumulation phase with tiny volume, expecting a sharp candle to show up, with a MACD buy signal which was about to be given on a long period timeframe.
And that exactly happened, after the last downtrend was broken in the accumulation phase, Ripple went straight up to test 9500, found some ressistance and was looking for some support with a sharp retest of 9060 by which has XRP vindicated his strength.
So the expected Volume has finally come and time for me to do a Technical Analysis with updates too as there is finally some Volume.
Current Situation.
Ripple has broken through 9300 level and find some stronger ressitance at 9650 as good known ressistance level from the past.
As for now I expect some sharp tests of these two levels (9300 and 9650), breaking ressistance would mean a test of 9800, breaking support would most likely see a test of 9200.
I will post more about next moves and Indicators in Updates, stay tuned!
Thats all from me, for now. If you agree with this Technical Analysis , consider leaving that "Agree Button" blue, as it leads me to post more similiar Technical Analysis .
Thanks for your time and good luck trading!
XRPUSD - PROFIT IN ANYWAYBuy Price: Green Zones
SL: Below the 1 FIBO
Profit: FIBO LINES
Invest Suggestion: 20 Percent
Profit Expectations: 10 - 50 Percent
Looking at the chart of XRP , i see two things that will happen:
1 - XRP will hit the 0 FIBO support ( like did in the middle of Setember ), if this happen, rsi will be oversold, causing a reversal tendency! Also, this 1 FIBO is a very strong support!
2 - HMA 13 already crossed the 34 and 50 HMA! Macd lines crossed too and below the div line! So we have a growth tendency, but not confirmed yet! To confirme this, we need to XRP cross the 0.78 FIBO, then we will have a significant grow!!
Guys and Girls, this is a risky trade due to BTC volatility , so, if hit the SL, SELL IT!
Sell when you get some profit, according the way you trade.
Keep following us and please like this idea.
Any doubts? Send in the comments or in our telegram or Inbox here.
Thanks for visiting.
XRPBTC (Ripple) is rising and here are the targetsThis one is going to be quick.
Finding targets, supports and resistances was the easiest part of XRPBTC TA. So please simply check the chart that says lots about upcoming targets! There is a huge potential. I am planning to see one more daily green and i am going to long.
Remember: Being late is better than losing!
FYI: I am only sharing my ideas and they are not financial advices. You can chose to follow them or not. I am not responsible of any loses. Risk is 100% yours.
Bests,
Atilla
XRP short term outlinedHere I have outlined some possibilities I see playing out for XRP. Lets start by noticing XRP is currently falling from a hidden bearish divergence, not shown on this chart but you can find it on the 4H. The white line I have outlined is the top of a longer term falling wedge, price has broken out from this falling wedge and this is a typical retracement back down to test as support. With the last bullish move from XRP we can see 5 impulse waves were formed so now we can expect 3 correctional waves. As you can see I believe we are currently starting wave 2 with the recent wick down to the wedge (white line) followed by the bullish candles. Looking at resistance points and the past impulse waves the red box is where I will be looking to enter a short. As I mentioned, XRP is currently falling from a hidden bearish divergence on the 4H, 3 correctional waves are expected, and too also note, my trading script is also signaling short. Now I have also outlined with the green box where I will be looking for a possibility of opening a long, this is where I believe the 3rd correctional wave will end with another test of the wedge as support. I would also like to note that this green box is also placed around the .618 fib level from the first impulse cycle.
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Looking at XRP future in crypto market.Hey! I am back with another Idea, this time looking again at Ripple, my favorite "cryptocurrency", even if you dont consider it as cryptocurrency its still just a good investment of money.
Many people are saying that Ripple token is unable to rise in value, well thats not true if you read enough about Ripple token usecase.
Just think about it for a while.
The developers of XRP token are making money from XRP rising in value, they want to rise XRP in value even for their own fortune. Its their primary source of income as they own good ammount of XRP tokens.
Think about how long XRP has been here, and how wide, mostly Brad, talking about XRP and with certaintity showing usecases, and future of banks payment.
Okay, enough of boring talking, lets look at the daily chart.
I really like XRP chart, as its one of the most healthiest acting chart in this whole market. Finding ressistance at one point and then finding support on it and acting stable, thats a sign of good demanded market.
What I mean by that.
After XRP was breaking out from 4400 sats to almost 12000sats, it found a ressistance zone at 9000, which is a good long known ressistance level. After second runup to 10500, Ripple has managed to find support in this zone, and has been acting stable in it even after a runup.
Currently is XRP in the accumulation phase, hovering between 8500 and 9000.
XRP price will hover for another while in this price, as I suggested in my previous XRP analysis.
The future of XRP token.
XRP is acting very strong and healthy in such despair market, when touches major support, a bounce is seen. By the looks of it, XRP may remain in uptrend for a longer period of time, I am still buying more of XRP and pushing my portfolio into this coin/token.
Only thing which would not mean a good end, is XRP breaking below 8500 with no bounce.
Lets look at Indicators in the last place.
Volume, currently in accumulation phase where you can see XRP have similiar Volume, waiting for another possible wave.
MACD, is pretty clear and healthy, no crazy changes, follows trend accurately. Currently uptrending, cross above neutral macd level would be a strong bullish sign, curious to see.
RSI, the demand is really good, even after such runup. I managed to find 52.5 RSI level as the main support/ressistance level, not considering 60 and 40.
If you would like me to post some updates, let me know in comments or Agreeing with my idea.
Thats all from me, for now.
If you agree with this Technical Analysis , consider leaving that "Agree Button" blue, as it leads me to post more similiar Technical Analysis .
Thanks for your time and good luck trading!
XRP decision time!
XRP has drifted lower recently after holding up extremely well in the market collapse
We have fallen near $0.29 and are approaching a demand zone
This has been a strong support OB in the past and we can expect to see a similar reaction
If we do get a bounce, we could see a retest of supply above after some consolidation at this bounce zone
If we get a flush straight through this zone, it would indicate extremely bearish PA and new lows are very likely with downside targets outlined in the chart where we could expect some type of reaction from bulls
EMAs still trending lower with no sign of leveling off so far
Thanks guys
Ripple is on a good way.Hey, I am back with another Technical Analysis, this time looking again at the only cryptocurrency with real usecase, that is being adopted pretty fast.
Ripple, one of the few cryptocurrencies that are acting very stable even in such despair, unforgiving market.
My thoughts.
Ripple is acting very strong and stable, even if it doesnt look like it, because even XRP is making some strong red candles, but the demand seen in this candles is really solid, considering the current state of the market.
Many people are telling that Ripple is falling Value, while its the opposite. Yes technicaly XRP is falling in dollar value and you are losing some many, but still less than if u were in Bitcoin or another cryptocurrency.
Looking at chart.
Simple trend lines and ressistance/support levels, or zones can show you a lot. Current situation, is that Ripple has broken a downtrend and is Ripple price is moving around 8800 - 9200 levels with a low volume, this was seen last time when Ripple was in in range from 6800 to 7400 with also a tiny volume and seen sharp rise, and formed an uptrend.
Its a very good sign that Ripple found what was last time ressistance zone, is currently a support zone, this is how a healthy uptrend chart should look like!
Quickly looking at indicators.
MACD is showing a clear cycle with a long and clear uptrend, likely to cross and give buy signal.
RSI found support after rally highly above 4O, which is a good sign and formed pennant from which can be a sharp move expected, most likely sharp retest of 860O or 9400.
Conclusion.
As I said, Ripple is acting very stable and strong, has a usecase and may reach a really high price in future, I think that Ripple will stay in this range for a while and another unexpected long green candle will occur.
I will try to post some updates as well, considering the support from all of you, I would love to post as many as possible but, I am heavy time limited these days.
Thats all from me, for now.
If you agree with this Technical Analysis , consider leaving that "Agree Button" blue, as it leads me to post more similiar Technical Analysis .
Thanks for your time and good luck trading!
XRP local bottom or lower we go?
XRP seems to have formed a local bottom near $0.33 but volume has been missing since the initial drop
Buyers did not step in as much as I'm sure most would have liked but we have been able to maintain the current support OB
EMAs remain down-trending and price is currently finding resistance at the 13EMA
A strong move above could see a retest of the supply zone above and eventually a retest of local highs
If we fail here, the odds of a swing lower to take the liquidity below the white line is very likely and possibly new lows before moving up
Again, most of the movement will be hinged to what BTC does so keeping a close eye on that if you're looking to enter a trade on XRP is warranted
Thanks guys!
Ripple Technical Analysis with Updates.Hey! after a while, I am back with another Ripple Technical Analysis with updates.
The rule is simple, The More likes , the More updates !
I am really glad from all the feedback I got in my previous TA with updates, but unfortunately, I was busy the whole week, but I am back with another TA with updates, so lets get right into it !
Here is the TA from week ago with almost 20 charts updates in case you have missed out, or dont know what this 'updates concept' means.
As I stated in my previous analysis, I still havent sold any of my XRP tokens, and I still think Ripple is seeing a strong demand, but selling wave is a selling wave even in good demand.
From the top.
Ripple has struggled for a while in 9500-9300 price range, testing lower and upper level sharply .
But after a double top of 9550 follown by an uptrend and unsuccesful test of 9500, downtrend was formed .
9160 support level shown some good strenght , but it wasnt enough to break the downtrend as macd suggested with the fast lane finding hard to break slower lane, so 9160 got broken an Ripple remained in downtrend for a while.
This situation has changed when Ripple reached support of 8725 from where uptrend was rising .
This uptrend was tested after second test of 8725 and you can see that full candles are above the trend, so the trend is valid , at least for a while.
Current situation.
Ripple is riding on a uptrend, currently testing 8900 level, which should not be that hard, the harder part of this will be the downtrend test, if this downtrend gets broken Ripple can head to test 9160, 9300 and so on.
Looking at Indicators.
MACD shows us that Ripple has went through three increasing selling waves , third one the strongest, so a pullback is expected .
First histogram tick was closed in green with good volume, so clear bullish signal from MACD.
RSI shows 37 level as strong support level, but only managed to raise the upper ressitance just a tiny bit . After this support was broken, it was retested as ressistance and failed, which led to selloff . RSI has seen a strong demand bounce , finding on its way just a small ressistances, as after ressistance was found, support was found really close below and continued to grow .
40 level was broken succesfuly , curious to see if test of 8900/40 rsi support will be succesful, but looks good so far.
Conclusion.
Was pretty much said in 'current situation' but very likely to test upper ressistances, bigest one currently is this downtrend.
See you in updates!
Thats all from me, for now.
If you agree with this Technical Analysis, consider leaving that "Agree Button" blue , as it leads me to post more similiar Technical Analysis.
Thanks for your time and good luck trading!
XRP holding up well!!!
XRP fell over the weekend back down to $0.32 but has formed a nice support level
We have bounced off this support OB and volume has followed these bounces so far
If we can close above this supply zone, we could move back to range highs and possibly attempt to test the breakdown zone
A fail and close below the support OB could result in new lows
Thanks guys!