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Ripplebtc

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
BITFINEX:XRPUSDLong
by CoinGape
XRP explodes toward $0.6, leading crypto market recovery Ripple heads back to $0.6 upon finding support at $0.4. The resistance at $0.54 must come down to validate the upswing to $0.6. Losses under $0.5 may revisit the support at $0.4 and perhaps extend to $0.35. Ripple and THETA are the best performing cryptocurrencies in the top ten list. As discussed, THETA has rallied more than 32% in the last 24 hours but seems to have hit a wall at $14. On the other hand, XRP is up nearly 12% to exchange hands at $0.53. The recovery commenced in the wake of the mid-week losses from highs around $0.6 to the support at $0.4. Price action above the 200 Simple Moving Average (SMA) and the 100 SMA on the 4-hour chart confirmed to the investors that the path least resistance path is north. Consequently, the bullish grip strengthened when XRP stepped above the 50 SMA on the same 4-hour chart. A real break past $0.5 has opened the door for gains targeting $0.6. Meanwhile, the Moving Average Convergence Divergence has a bullish impulse. It also about to present a call to buy the dip as speculation mounts for the cross-border cryptocurrency to lift above $0.6. Massive gains are expected to come into play when the MACD line (blue) crosses above the signal line. Besides, bulls will have cemented their presence in the market if the indicator enters the positive region. Ripple has stepped above the 61.8% Fibonacci level resistance. However, the token is not out of the woods until higher support is established, preferably above $0.54. On the flip side, the former resistance between $0.5 and $0.52 must transform into formidable support to prevent losses from extending into the $0.4 range. Note that another dip toward $0.4 could pave the way for losses as far as $0.35 and $0.3, respectively. Ripple intraday levels Spot rate: $0.53 Trend: Bullish Volatility: Low Key support: $0.5 - $0.52 Key resistance: $0.54 and $0.6
BITFINEX:XRPUSDLong
by CoinGape
4
XRP - Backtest doneHi, right now we are in a beautiful triangle and in the next couple of days we are going to see a breakout and I hope it is going to be above $0,60. After one week, we have now backtested the BIG resistance that we broke last week and it shows us that the support level $0.47-0.48 held very well. Once we get big news like exchanges relisting XRP, then we know it is time for big breakout. The next resistances for XRP are $0,65 and the big one $0,75. So be prepared and don't PANIC ;)
BITSTAMP:XRPUSDLong
by GOAT1375
XRP/BTC - found two zones to buyRipple is one of the few coins that hasn't made I big rise yet. The XRP/USDT looks more interesting than the BTC/USDT chart. On this basis, I think that the growth of XRP/BTC in the future will be stronger than the pairs mentioned earlier. On the daily time frame, I found two entry points to buy. If the first scenario happens, I expect growth to the key level of 2200. Don't forget to keep an eye on the court 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
Long
by Yuriy_Bishko
15
XRP explores downstream levels amid the hunt for higher support Ripple rejected at the resistance between $0.55 and $0.6, resulting in declines to $0.45. The MACD has reinforced the downtrend following the dip to the zero line on the 4-hour chart. Ripple made an about-turn move following the failure to sustain gains above $0.55. Initially, the cross-border token had stepped above $0.6, but again the momentum lost steam, opening the door for the ongoing declines. The freefall intensified, with XRP losing more than 12% in 24 hours. Several support levels were shattered, including $0.55 and $0.5. On the downside, $0.45 is functioning as the crucial support area in the short term. Ripple needs to hold the ground above the 100 Simple Moving Average (SMA) and the 200 SMA on the 4-hour chart to remove excess pressure on the level around $0.45. Otherwise, losses eyeing -$0.4 and $0.35 are likely to come into the picture. The bearish outlook has been validated by the Moving Average Convergence Divergence (MACD) indicator’s negative gradient. More sell orders will be triggered if the MACD falls into the negative territory. Besides, the least resistance path is still downwards based on the MACD line (blue) crossing under the signal line. It is worth mentioning that the pessimistic outlook will be invalidated if the support at $0.45 holds firmly and bulls force a trend reversal above $0.5. Price action past the 50 SMA on the 4-hour chart may trigger buy orders as investors speculate the rise to $0.65. Ripple intraday levels Spot rate: $0.48 Support: $0.45 Resistance: $0.5 and $0.55 Trend: Bearish Volatility: Expanding
BITFINEX:XRPUSDShort
by CoinGape
💡Don't miss the great buy opportunity in XRPBTCTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (740). . 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 below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 54. Take Profits: TP1= @ 1000 TP2= @ 1200 TP3= @ 1360 TP4= @ 1570 TP5= @ 1870 TP6= @ 2220 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 you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
5
💡Don't miss the great buy opportunity in XRPBTCTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (740). . 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 below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 54. Take Profits: TP1= @ 1000 TP2= @ 1200 TP3= @ 1360 TP4= @ 1570 TP5= @ 1870 TP6= @ 2220 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 you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
23
Ripple price move closer to a 20% upswing Ripple is on the verge of a massive move if a technical pattern on the 4-hour chart matures. XRP must settle above $0.5 to come out of the woods, focusing on higher levels toward $0.6. Ripple has been among the digital assets that managed to comfortably weather down the widespread declines at the beginning of this week. The cross-border token corrected toward $0.4 but established robust support. An immediate recovery took place with XRP jumping above two key levels at $0.45 and $0.5. XRP traded a weekly high at $0.532, but a correction ensued, forcing bulls to seek support at $0.45. In the meantime, Ripple is trading at $0.47 amid a renewed uptrend. Its immediate downside is protected by the 50 Simple Moving Average (SMA) and the 100 SMA on the 4-hour chart. On the upside, eyes are glued on breaking the hurdle at $0.5 and hopefully kick start the journey to $0.6. Simultaneously, a double bottom pattern has recently been formed on the 4-hour chart. The pattern is very bullish and comes into the picture when an asset price dips to the support level twice but is separated by a sharp peak. As the price approached the support for the second time, the downtrend fizzles out, and bulls aggressively rush in to take over control. Double bottom patterns have precise breakout targets, measured from the neckline to the bottom point. A breakout is anticipated when the price slices through the neckline. For instance, Ripple eyes a 20% upswing toward $0.6. Ripple intraday levels Spot rate: $0.473 Relative change: 0.0123 Percentage change: 2.7% Trend: Bullish Volatility: Low
BINANCE:XRPUSDLong
by CoinGape
1
XRP - Buy The Dip Hi, I updated you last week about the most important trendline. We have now backtested the trendline multiple times + we have also a beautiful uptrend that held very well. SMA50 and SMA100 helped us to recover from the support level $0,40 and I think we are going to see a bullish momentum in the next couple of days. I expect we are going to do the same structure as before to break the resistances $0.63 and $0.75. We need that 🙌🏼 Be patient and don’t panic 🚀
BITSTAMP:XRPUSDLong
by GOAT1375
Ripple retests crucial support ready for 14% upswing Ripple faces challenging barriers toward $0.5, but a technical breakout is still in the offing. A golden cross pattern will signify the return of the bulls in the market. The MACD indicator signals the possibility of consolidation taking precedence in the short-term. Ripple’s bulls are focused on recovery despite the lethargic price action across the cryptocurrency market. A recent swing north failed to complete the leg to $0.5, hitting a barrier at $0.47.  The correction that ensued tested the support at $0.44, poking the buyers on the sidelines to jump in and push for higher levels. The cross-border cryptocurrency is exchanging hands at $0.45 at writing. On Wednesday, the bullish action stalled at $0.46, forcing the price to retest the inverted head-and-shoulders (H&S) pattern’s neckline. A reversal is expected in the near-term because the bullish H&S pattern still has a 14% target of $0.51. Note that a bounce from the neckline support is regarded as bullish in technical analysis and could boost XRP significantly upwards. The hourly chart shows the possibility of a golden cross pattern forming in the short-term. This pattern comes into the picture when a shorter-term moving average crosses above the longer-term moving average. For example, the 50 SMA is about to cross above the 200 SMA. Bulls have to focus on sustaining the price above $0.45 to focus on breaking above the hurdles at $0.45 and $0.5. The impact of the inverted H&S pattern is still apparent. Therefore, the least resistance path is upwards. The Relative Strength Index (RSI) brings to light the possibility of consolidation taking precedence before the breakout occurs. The same sideways trading is echoed by the Moving Average Convergence Divergence (MACD), as it levels marginally above the midline. Ripple intraday levels Spot rate: $0.448 Relative change: -0.00034 Percentage change: 0.1% Trend: Short-term bearish bias Volatility: Low
BINANCE:XRPUSDLong
by CoinGape
Deciphering XRPUSDSeems to be a lot of correlations between RSI and price on XRPUSD However it can be seen that there is a recent disconnect, with a head and shoulders pattern favored on the indicator It is likely that this disconnect will allow the freedom of price relative to RSI to continue No more direct correlation possibly XRP is in a weird situation, however, it does have longevity, with bank integration and instant payment processors, potential can be seen. I am long this coin based on the previous knowledge and how damn cheap it is.
KRAKEN:XRPUSDLong
by Bixley
2
XRP draws closer to 30% downswing amid deteriorating technicals Ripple rejected at $0.45, abandoning a potential triangle breakout to $0.575. A breakdown to $0.3 is anticipated, especially if the triangle pattern's lower trendline is shattered. Ripple's uptrend was recently cut short under $0.45. Before the recovery, the cross-border cryptocurrency has established support at $0.4. A correction has come into play, forcing XRP to abandon a potential spike to highs around $0.575. The international money remittance token is exchanging hands at $0.42 at the time of writing. Buyers are focused on keeping the price above $0.4. However, if the price slices through this area, massive losses will be triggered, primarily because of the formation of a symmetrical triangle pattern on the 4-hour chart. The chart pattern is created by converging a couple of trendlines, linking sequential declining peaks and troughs. Generally, the trendlines are supposed to cross at an approximately equal slope. The formation brings to light a period of consolidation ahead of either a breakout or a breakdown. A breakdown occurs under an ascending trendline and identifies the commencement of a downtrend. On the other hand, a breakout happens at the descending trendline and indicates the start of a bullish trend. Symmetrical patterns tend to have precise price targets for the breakout or breakdown, mainly measured from the highest point to the pattern's lowest point. Therefore, Ripple will drop by 30% if the lower trendline is smashed. A spike in volume usually confirms a breakdown. The downswing also tends to be rapid and must, therefore, be timed accurately to make the most out of the move. Note that traders must way for confirmation to avoid false breakdowns. On the flip side, the downswing may be ignored if XRP holds above $0.42, ignoring the triangle breakdown. Moreover, trading above the upper trendline will catapult Ripple 30% to $0.575 and perhaps jumpstart the breakout to $1. Ripple intraday levels Spot rate: $0.428 Relative change: -018 Percentage change: -4 Trend: Bearish Volatility: Low
BINANCE:XRPUSDShort
by CoinGape
1
XRP prepares for massive swing to $0.65 as technical improve Ripple rebounds after support at $0.37; all eyes target $0.65 in the near-term. The improving technical picture suggests that bulls are back in control. If the immediate resistance at $0.5 is not broken, XRP may embark on the breakdown to $0.35. Ripple dropped like a dead weight in the air amid the declines on Monday and Tuesday. The widespread losses left no stone unturned, with the majority of cryptocurrencies posting double-digital losses. XPP could not secure support and the 200 Simple Moving Average (SMA) on the 4-hour chart, culminating in losses under $0.4. Before the ongoing rebound, the cross-border cryptocurrency established support at $0.37. The high congestion of buyers at this level paved the way for gains above $0.4 and the 200 SMA. Currently, XRP is dancing at $0.49 after stepping above the 50% Fibonacci retracement level taken between the last swing high of $0.66 to a low of $0.36. A comprehensive glance upwards shows that Ripple bulls are looking forward to breaking the confluence resistance around $0.525, formed by the 61.8% Fibo, the 100 SMA, and the 50 SMA on the 4-hour chart. The bullish narrative has been reinforced by the Relative Strength Index (RSI) as it heads towards the midline. A break above 50 would encourage more buyers to join or increase their positions in the international money transfer token. Note that trading above $0.525 could trigger massive buy orders, creating enough volume to support an upswing to $0.65. It is worth keeping in mind that XRP’s expected rally to $0.65 may fail to occur if the short-term resistance at $0.5 remains intact. A correction from current levels will retest the support at 200 SMA. If push comes to shove, the bearish leg will extend to $0.37 (recent support) and $0.35, respectively. Ripple intraday levels Spot rate: $0.49 Relative change: 0.02 Percentage change: 4.5% Trend: Bullish Volatility: Low
BINANCE:XRPUSDLong
by CoinGape
2