Ripplebtc
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
RIPPLE (XRPUSDT/XRPBTC) Daily Trade Setups 2021/02/20Hi guys! I will be sharing the trades that I take in real time, follow to see how my trades work out!
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Trade Setups
Below are the potential trade setups that I would be interested in trading:
XRPBTC
Short Trade Setup #1: Retest and Continuation (200MAs)
1. Price Action: Price needs to move back up to the 200MAs, currently projected to be @ 1100 Sats by the time price reaches it, and bounce back down.
2. Trade Entry Confirmations: Bearish candlestick pattern, above average volume, MACD topping out
Long Trade Setup #1: False Breakdown
1. Price Action: Price breaks below the then rapidly climbs above 950 Sats, forming a bear trap
2. Trade Entry Confirmations: A breakdown candlestick followed by a reclaiming candlestick, above average volume on both breakdown candle and reclaiming candle, MACD bottoming
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XRP- Time to enter again? 💸Hi guys,
my main concern here is not to be a top author although it is a cool feeling.
In November/December I was actually Top Author on Ripple but then i gradually just stopped posting XRP ideas.. you see, my main concern here is to be useful and appreciated. 🙇♂️
At the same time I had mostly 'bad news' mostly and some people take ideas 'against their investment' in a negative way.
Noe let's get on the chart:
Ripple showing some momentum and i believe it has the potential ow to test the 0,80 dollar mark.
Given that new started coming out from SEC we could expect some (hopefully) good news and a boost on the price. Everything else is doing well, maybe Ripple is next to 'fly'?
Remember: I had bought and sold at a perfect price . I have now bought a bit more again. So expect more posts to follow ☺️
One love,
the FXPROFESSOR
XRP/BTC - Do X?Hello dear friends.
The XPR / BTC pair is under consideration.
I was waiting for this moment for the price to be lowered to this level and to give you a good buy recommendation.
Because I expect growth to take place. Ripple is a pump coin, therefore, with good news, they will launch it to the moon. Accordingly, there will be profit in this pair.
Cluster analysis indicates volume. I showed you the support zone on the chart.
Now there is an accumulation of positions by the market maker, it can be seen from the support and resistance levels.
RSI - at minimum values.
Target - on the chart.
Best buy zone - 995-1035sat.
❗️❗️❗️More Trading Charts here: (LINK IN DESCRIPTION)❗️❗️❗️
This Channel is not financial advise, It's My opinion and My observation: @opptrade
❗️❗️❗️Disclamer:❗️❗️❗️
Dear friends, traders.
My trading ideas here are not financial advice or coercion into action. I am not responsible for your trading and how you follow all aspects of correct trading.
- I do not recommend that you trade AT ALL if you do not know what risk management is, money management.
- I do not recommend that you trade without a STOP LOSS.
- And I'm not responsible for your "make millions of dollars fast" gag
- I am only showing you the charts that suit me for certain positions.
- For each position - RESPONSIBILITY LIES ON YOU.
If you don't use all of the above, your deposit will soon become $ 0
- Therefore, if you decide to follow my positions - Take responsibility for where the bad outcome may be.
In time, i to bee wrong too, and have a loss.
But with the correct observance of the indicated points, which trade with me others traders - they earn (NOT IN A DAY, but in the medium, long term)
I am only showing you how this or that scenario can work in trading.
For all your actions, only you are responsible.
💠💠💠I am not a scammer and I am concerned about your trade.💠💠💠
XRP Sell a break setup.XRPUSDT - Intraday - We look to Sell a break of 0.5088 (stop at 0.5353)
Short term bias is bearish.
Short term RSI has turned negative.
We look for losses to be extended today.
Our outlook is bearish.
A break of 0.5100 is needed to confirm follow through negative momentum.
A higher correction is expected.
Our profit targets will be 0.4307 and 0.4108
Resistance: 0.5600 / 0.6000 / 0.6200
Support: 0.5100 / 0.4700 / 0.4250
Beware of 0,67Ripple is currently a category on it's own.
Don't hate me for not having the best of ideas for this project.. a project that the owners keep a huge part of the coins for themselves.. a project with 50 billion coins in supply.. and some investors thinking this can ever go to 500 dollars or a thousand. It can go to 2 dollars if things go well with SEC. Reality check and my apoogies.
Ripple Prepares for Massive ShreddingI usually pay no mind to XRP but since BTC was so terribly slow today, I found myself with a little free time, so here we are.
This is a long term outlook based solely on Elliott Wave theory. After Ripple’s March 2020 swing low near $0.10, the market delivered a Leading Diagonal formation which produced a super deep Wave 2 correction.
Leading Diagonals (not including internal Zig Zag diagonals) give us the signal of directional change. With Leading Diagonals we can also expect a strong, possibly extended Wave 3.
Considering the relationship between Waves 2 and 4, with W2 being supremely deep, we can expect W4 to be much more shallow (and less frightening.
Granted, this is a long term outlook - all rules remain the same. Maybe it’ll be late 2021, maybe it’ll be early 2022 but Ripple looks to plant an All Time High near $10, in due time.
Currently under $0.40, this may sound like an absurd prediction. Elliott Fiinacci don’t lie though 😊.
Before Ripple takes off for the sky, the ABC correction for Wave 2 of 3rd must be completed. It also looks to be a very deep correction (expecting sub $0.30). See my prediction for this correction below.
Trade wisely.
Play it safe or play it smart.
XRPBTC / Ripple in danger zone!Hi guys, if you like this post, please support me by clicking the like and follow buttons and by leaving a comment! Thanks!
XRPBTC has been rejected from the confluence level of 200MAs and S&R Flip. Looks very dangerous here as price could collapse from here.
While it's possible XRP rallies again, the downside risk has increased significantly. There are much better risk reward alts.
Ripple price rejected at $0.75, can this crucial support hold?
Ripple's massive breakout hit a critical barrier at $0.75, capitulating short-term holders.
Ripple must hold the 50 SMA or $0.34 key levels to avert potential losses toward $0.3.
Closing the day above $0.4 could see XRP jump toward $1 as investors’ stream back to the market.
XRP flew the bullish flag above the cryptocurrency horizon from late last week, the weekend session, and on February 1. It was a perfect storm (staying in an elongated consolidation) for Ripple’s community. Our analyses in the previous weeks had predicted a breakout to $0.5. However, Ripple proved it a conservative target, hitting levels of $0.75 for the first time in 2021.
At the time of writing, XRP is doddering at $0.38 after a sudden sharp fall from the February 1 highs of $0.75. The support anticipated at $0.7 and $0.4 failed to rise to the occasion, leaving bears completely in control.
In the meantime, the 50 Simple Moving Average has come in handy, limiting a breakdown under $0.34. It is essential that this support holds, otherwise, XRP may continue with the freefall back to the dominating levels in January (between $0.25 and $0.3).
The Moving Average Convergence Divergence continues to reinforce the pessimistic outlook, especially now that the MACD line has crossed under the signal line. In other words, recovery will not be a walk in the park and more losses will come into the picture before buyers can control the cross-border token.
A comprehensive glance upward suggests that Ripple may soon renew the uptrend if the price closes the day above $0.4. Such a move would call for more buy orders as investors rush back to the market in anticipation of another run-up toward $1.
Ripple intraday levels
Spot rate: $0.38
Relative change: 0.01
Percentage change: 2.5%
Trend: Bearish
Volatility: Expanding
XRP Buy a Break Setup.Ripple - Intraday - We look to Buy a break of 0.6515 (stop at 0.6188)
Short term momentum is bullish.
We look for gains to be extended today.
A break of bespoke resistance at 0.6500, and the move higher is already underway.
This over-extended move shows no sign of slowing.
Trading volume is increasing.
Our profit targets will be 0.7480 and 1.0000
Resistance: 0.6500 / 0.6800 / 0.7000
Support: 0.5800 / 0.5500 / 0.5000
XRP preparing for a big move to the upsideLooking at the XRP/BTC chart.
XRP looks very undervalued compares to bitcoin.
Last time when XRP touched this level it skyrocketed to the upside, in 2018.
And we are again, at the exact same level, trying to cross it in 2021. And with r/wallstreetbets and DOGECOIN pump last week. Twitter and reddit is getting excited for a XRPPUMP on 1st Feb 8:00 AM Est.
Things are lining up pretty well, from my point of view. If people really buy it and hold it tomorrow, we might cross this level on this chart. And, if it crosses this level, I'm hoping it is going to set another all time high.
And XRP setting an all-time high and BTC, ETH, DOGE all at their all-time highs. I think it will trigger the alt-season.
* NOTE: These are my personal views and not financial advice.
XRP Sell the resistance.Ripple - Intraday - We look to Sell at 0.2796 (stop at 0.2881)
Daily signals are bearish.
We look for a temporary move higher.
Bespoke resistance is located at 0.2800.
Pivot resistance is at 0.2850.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Our profit targets will be 0.2521 and 0.2412
Resistance: 0.2600 / 0.2800 / 0.2850
Support: 0.2500 / 0.2450 / 0.2400
Ripple Price Nurtures A Potential 63% Breakout To $0.5
Ripple stuck in consolidation while waiting for a breakout to $0.5.
The immediate upside is limited by the 200 SMA and the stubborn hurdle at $0.3.
XRP’s expected uptrend may fail to occur if the price drops under the symmetrical triangle.
Ripple has for a long time been in consolidation following the massive breakdown in December. The extensive freefall came after the United States Securities and Exchange Commission filed a case against Ripple Labs Inc., for selling unregistered security tokens.
Ripple eyes a breakout to $0.5
At the time of writing, XRP is doddering at $0.279 in the wake of a minor recovery from last week’s slump to $0.25. Slightly above the current price levels the 200 Simple Moving Average on the 4-hour chart caps movement.
For now, the odds impulse is in favor of the bulls as reinforced by the Relative Strength Index. A break above the midline will encourage more buyers to join the market. If enough volume is created behind Ripple, we are likely to see a breakout above the symmetrical triangle.
Note that the symmetrical triangle is created by two trendlines connecting a series of lower highs and higher lows. The trendlines converge at a relatively equal point called an apex. Simultaneously, a breakout above the upper trendline line results in a significant upswing while trading below the triangle culminates in extensive losses.
Breakouts or breakdowns from symmetrical triangles have an exact target, measured from the highest to the lowest of the pattern. Thus, XRP could soar to $0.5 if the price spikes above the triangle. However, the 50 SMA and the 100 SMA may absorb the buying pressure. XRP also needs to overcome the resistance at $0.3 to sustain the uptrend.
On the flip side, losses under the triangle would result in losses as low as $0.087. Other areas of support to keep in mind include $0.25, $0.20, and $0.17.
Ripple price prepares for a 47% explosion
Ripple reclaims two key support levels at $0.25 and $0.27.
XRP/USD is awaiting a massive liftoff on breaking above symmetrical triangle resistance.
Ripple fell victim to the selling pressure in the cryptocurrency market on Thursday. Like Bitcoin and Ethereum, XRP lost a significant amount of the gains accrued over the last couple of weeks. Moreover, vital support levels like the 200 Simple Moving Average and $0.25 were lost during the freefall.
However, Ripple has begun looking bullish again after reclaiming ground above $0.27. On the upside, bulls focus on regaining the lost position above the 200 SMA, but the most significant milestone will be to step and settle above $0.3.
The bullish outlook will be validated if XRP fights for a breakout above the symmetrical triangle pattern on the 4-hour chart. This pattern is created by drawing two converging trendlines to connect a series of sequential peaks and troughs. Usually, the trendlines meet at a relatively equal point referred to as an apex.
Breakout or a breakdown is expected from this pattern. Breakouts occur when the price lifts above the upper trendline, while a breakdown happens on sliding under the lower trendline. The price target for either a breakout or a breakdown is measured from the highest to the triangle's lowest point. Therefore, if XRP spikes the triangle on the daily chart, we will likely witness a 47% upswing to $0.445.
It is worth mentioning that the breakout might fail to occur if the hurdle at the 200 SMA remains unshaken. The triangle could as well result in an opposite and equal move to $0.14. For now, consolidation and holding above support at $0.27 is key to the uptrend.