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Rippledollar

XRPUSD formed harmonic within harmonic | XRP mid term analysisIn my previous post: We have seen that the price action of Ripple / US Dollar has formed a bullish Crab and so far the price action is still moving within the potential reversal zone of this pattern. This time the priceline has formed a parallel channel within the potential reversal zone of this shark pattern and likely to form a 3rd bottom at the support of this channel: The Indicators and Oscillators: On daily chart the Relative Strength Index (RSI) has entered in oversold zone with the value of 29.45 this is the second time it is visiting the oversold within a month before this it was oversold with the value of 16.86 on 25 Nov 2019 but at that time the bollinger bands was moving steep down and this time the bollinger bands is squeezed and side ways which is a good indication. On 25 Nov the moving average convergence divergence (MACD) was in bear cross and histogram was showing strong bearish trend and this time the MACD is in bull cross and histogram is showing weak bullish trend soon it can be changed to strong bullish trend. The Stochastic is in bear cross and it may visit the oversold once more in the meanwhile the price action can move sideways. Harmonic within harmonic: Now withing this potential reversal zone of previous Crab pattern and in this channel the price action has formed another harmonic pattern and this time it is bullish Gartley pattern now lets see how this pattern is perfectly driven: After intitial leg which is started from 25 Nov's candle stick the A to B leg is retraced between 0.618 to 0.786 then B to C leg is projected between 0.382 to 0.886 projection area of A to B leg (ignoring the spike) then sofar the C to D leg is retraced between 0.618 to 0.786 Fibonacci which is perfect as required for bullish Gartley and now we are in potential reversal zone of this gartley so on bigger pitcure we are in potential reversal zone of bullish Crab pattern where the price action has capacity to take almost 40% bullish move and on smaller picture the price action is in PRZ of bullish Gartley pattern with capacity to take bullish divergence upto 9 percent move. Now according to both patterns we can set our buying and sell targets as below respectively: The bigger Crab pattern: Buy between: $0.23249 to $0.20982 Sell between: $0.25012 to $0.29287 The smaller Gartley pattern: Buy between: 0.21457 to 0.20929 Sell between: 0.21873 to 0.22870 Regards, Atif Akbar (moon333)
BITFINEX:XRPUSDLong
by moon333
A breakout can lead the Ripple to achieve all time high priceOn 25 Oct the xrp moved up with massive trade volume of $2,486,979,029 while on 24 Oct it was recorded $1,638,078,551 as per coinmarketcap data. On day chart volume oscillator was showing powerful value of 18.66 and more than 51% volume was increased and strong green bullish candle stick was showing the power of bulls. Lets have a look behind the scenes. If we move back to 2017 the it will be revealed that we have a very strong key resistance level at $0.30. As per Bitfinex chart the Ripple has been struggling below $0.30 from May 2017 to Dec 2017 then it broke out this level on Dec 2017 and accelerated well and achieved all time high price then moved down and has been floating above $0.30 from Aug 2018 to Aug 2019 because the same resistance level was now playing the role of support. Now the priceline has broken down this support and this level is again working as resistance and the price action is struggling below this resistance again for the breakout and on 26th Oct there was a second attempt by the price line to breakout this key resistance, this is also a strong human psychological resistance as it has been always playing active role of resistance and support since 2017. If we look at week chart then it reveals the XRP formed a symmetrical triangle in 2017 and when it came at the end of this triangle a golden cross between exponential moving averages EMA 10 and EMA 20 triggered bullish divergence and compelled the price action to breakout triangle's resistance which led towards all time high price, almost same as like that price line is moving within a triangle but this time the triangle is descending and the price action is almost at end of this triangle and EMA 10 and EMA 20 are likely to form golden cross which can again lead the XRP price to breakout the resistance of triangle and definitely this breakout will also lead the price action to break the $0.30 key resistance level then XRP can again achieve higher than the previous high position. After this break out we can see Ripple leading the top 10 cryptocurrencies in bull rally. Regards, Atif Akbar (moon333)
BITFINEX:XRPUSDLong
by moon333
XRPUSD double top ?XRPUSD rejection from double top at 0.3035. Potential rejection target: 0.2875. Price action above EMA 21,50,100,200 strong uptrend. Consolidation bellow resistance bullish pattern. Still Hold above green support trend line. Potential upward target after consolidation double top area at 0.3273$. Volume: Confirm bullish price action. Indicators: MACD bullish crossover above zero line. RSI above 50 points. Bullish sign. Pattern: Double Top ( 0.3046 and 0.3035$). S/R: Support 0.2875, Major Support 0.2700, Resistance 0.3050, Major Resistance 0.3273. Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.
BYBIT:XRPUSD.P
by blockchaintrends
XRPUSD forming a bullish BAT | A good long opportunityOn short term 1 hr chart after forming a bullish Shark pattern priceline of XRP / US Dollar is forming bullish BAT, sofar all legs are driven as required for BAT therefore I am expecting the last leg will be retraced from 0.786 to 0.886 fibonacci and soon it will be 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. I have used Fibonacci sequence to set the targets: Buy between: 0.23583 to 0.23098 Sell between: 0.23710 to 0.24357 Regards, Atif Akbar (moon333)
BITFINEX:XRPUSDLong
by moon333
XRPUSD formed a bearish gartley | A good short opportunityWith the formation of bullish gartley pattern which I have published in my previous below idea: The price action was also forming another bearish harmonic gartley pattern and now it is entered in potential reversal zone to hit the targets soon insha Allah. But MACD is strong bullish and Stochastic is also bullish and did not give bear cross sofar moreover the Volume profile of complete pattern is showing that the traders are still interested to trade above the potential reversal zone but not above the resistance line. So for secure trade we can wait for MACD to turn weak bullish from strong bullish or for Stochastic to give bear cross then by and the PRZ area or the resistance line can be used as stop loss in case of complete candle stick closes above the PRZ or resistance, coz if the resistance or PRZ will be broken then D leg can be extended from 1.27 to 1.618 fibonacci to form a bearish butterfly pattern and this gartely can be invalidated. I have used Fibonacci sequence to set the targets: Sell between: 0.25975 to 0.26308 Re-Buy can be between: 0.25713 to 0.25083 Enjoy your profits and regards, Atif Akbar (moon333)
BITFINEX:XRPUSDShort
by moon333
4
There is a possibility for the beginning of an uptrend in XRPUSDTechnical analysis: . Ripple/Dollar 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 34. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.29000 to 0.26000). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.29000) Ending of entry zone (0.26000) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.35000 TP2= @ 0.38230 TP3= @ 0.42415 TP4= @ 0.48000 TP5= @ 0.57000 TP6= @ 0.70580 TP7= @ 0.79100 TP8= @ 0.96780 TP9= @ 1.41240 TP10= Free
BITFINEX:XRPUSDLong
by ForecastCity
10
There is a possibility for the beginning of an uptrend in XRPUSDTechnical analysis: . Ripple/Dollar 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 34. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.29000 to 0.26000). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.29000) Ending of entry zone (0.26000) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.35000 TP2= @ 0.38230 TP3= @ 0.42415 TP4= @ 0.48000 TP5= @ 0.57000 TP6= @ 0.70580 TP7= @ 0.79100 TP8= @ 0.96780 TP9= @ 1.41240 TP10= Free
BITFINEX:XRPUSDLong
by ForecastCity
7
XRP doing a bullflag. Pump soon possible, but how high?XRP is doing a bullflag, which is a few weeks long, so we could see a pump starting at some point in July. But it could still drag on for a while. The question is of course now: Will this be the big one like some XRP shills like to draw here on tradingview? My opinion is: No. The big XRP pump will start when BTC starts making new ATHs, thus, when BTC is at 25k, 30k and more. Then XRP will do the very large pumps, at least it was like this during the last bullmarkets, and I don't see a reason why XRP should now suddenly change its price dynamics. I see XRP pumping to the 1 USD region however, this year. It's possible we hit 1 USD, and then decline back to 50 cent, and range for quite a while, until the real pump starts to north of 10 usd in 2020-2021. However, if BTC really should do the gold chart that I posted, and go to 20+k in 2019, then of course XRP might also go well beyond 1 USD this year. As always, it again depends on bitcoins performance. But I like to remain more cautious about stuff, sometimes even too pessimistic, as seen with bitcoin the last months. But the real interesting action with XRP will start when BTC hits the 100-200k area. Then it will be quite insane. Until then however, I see XRP only doing smaller pumps.
BITSTAMP:XRPUSDLong
by SebastianofMoon
2
XRPUSD Forecast Price/Short data analysis $xrpusdHaven't really been looking at Crypto lately due to other obligations but a friend of mine asked my opinion on XRP and if I thought it was entering a new Bull market soon considering BTC has hit 9400. Drew this out real quick and thought it was interesting enough to save so I can remember what I did. Explanations are on the chart. Opinion: Currently no signal to short or buy. Note: Short data on the 1 minute is a great indicator of whether or not price is moving due to organic buying or a short squeeze, dont short parabolic Alt-coins while it's Shorts are increasing.
BITFINEX:XRPUSD
by teckno05
There is a possibility for the beginning of an uptrend in XRPUSDTechnical analysis: . RIPPLE/DOLLAR 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 45. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.30000 to 0.26000). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.30000) Ending of entry zone (0.26000) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.35520 TP2= @ 0.38230 TP3= @ 0.42415 TP4= @ 0.46990 TP5= @ 0.57000 TP6= @ 0.70580 TP7= @ 0.79100 TP8= @ 0.96780 TP9= @ 1.41240 TP10= @ 1.61350 TP11= Free
BITFINEX:XRPUSDLong
by ForecastCity
6
There is a possibility for the beginning of an uptrend in XRPUSDTechnical analysis: . RIPPLE/DOLLAR 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 45. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.30000 to 0.26000). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.30000) Ending of entry zone (0.26000) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.35520 TP2= @ 0.38230 TP3= @ 0.42415 TP4= @ 0.46990 TP5= @ 0.57000 TP6= @ 0.70580 TP7= @ 0.79100 TP8= @ 0.96780 TP9= @ 1.41240 TP10= @ 1.61350 TP11= Free
BITFINEX:XRPUSDLong
by ForecastCity
8
There is a possibility for the beginning of an uptrend in XRPUSDTechnical analysis: . RIPPLE/US Dollar 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 44. . While the price downtrend in the daily chart is not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.28900 to 0.24540). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.28900) Ending of entry zone (0.24540) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.35520 TP2= @ 0.42415 TP3= @ 0.46990 TP4= @ 0.56400 TP5= @ 0.70580 TP6= @ 0.79100 TP7= @ 0.96780 TP8= @ 1.41240 TP9= @ 1.77360 TP10= @ 2.13480 TP11= @ 3.30310 TP12= Free
BITFINEX:XRPUSDLong
by ForecastCity
23
There is a possibility for the beginning of an uptrend in XRPUSDTechnical analysis: . Ripple/USDollar 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 51. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.28900 to 0.20200). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.28900) Ending of entry zone (0.20200) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.46990 TP2= @ 0.56400 TP3= @ 0.70580 TP4= @ 0.79100 TP5= @ 0.96780 TP6= @ 1.41240 TP7= @ 1.77360 TP8= @ 2.13480 TP9= @ 2.64860 TP10= @ 3.30310 TP11= Free
BITFINEX:XRPUSDLong
by ForecastCity
7
XRP POTENTIAL SELL OFF - DESCENDING TRIANGLE FORMATIONNOTE: This is just analysis/advice, do not FOLLOW this trade blindly - I take no responsibility for it... As drawn there has been a bearish descending triangle that has formed on the 4H and 1D time frames. Sorry for the late delayed post, the price has reached the first price target (I accidentally forgot to post this when I first identified this setup!). and COULD reach the second region highlighted (around 0.30300USD) or look to turn back to the upside. - Scenario 1: If it goes towards the downside, XRP's price could reach the region around 0.30300 USD. This idea is mainly being projected from the 1 candlestick meltdown from the descending triangle , which could mean there is space for more. Moreover, on the 1D RSI , it is still not currently oversold, so there is more potential for this pair to melt on the daily time frame. - Scenario 2: As RSI states it is currently oversold on the 4H around the 30.0, it could signal a reversal towards the upside following a strong sell-off from the descending triangle . If so, the first major price projection to the upside would be retesting the resistance around 0.32200, and if this is surpassed, then towards the 0.33475 region. All resistance and support regions have been clearly marked in the blue coloured box. If you managed to read it this far down, thanks for reading this! If you could, please do offer your ideas & perspectives on this pair. Buy or Sell and why? Additionally, drop me your charts for it, that'd be great so I can see where you are coming from. I'm a new guy to the FX & Crypto market, trying to learn FX & Crypto, and I'd appreciate any help people may offer! Please drop a follow! I need reputation points!!
BITFINEX:XRPUSDShort
by ShaunLeo35
2