XRP SMASHED THE 0.4 REGION, NOW 0.3 USD SEEMS THE NEXT TARGET!!Ehi guys, this is Busywithcrypto!
And here we another time with xrp. Like i said two days ago xrp broke the 0.4 zone and it's going down to the 0.3 zone.
As you can see from the chart xrp broke the triangle in brown and went down really hard and it is now sitting at 0.35 usd. Anyway, for me this triangle isn't the most important information of the chart. The most important thing is that we broke the trend line in blue and this is why xrp crashed so hard!
Now, pay attention on the rsi. As you can see in the daily chart xrp is oversold at the moment, and this is why it can goes up for a bit now, but if we look at the weekly (i'll post it later) the rsi isn't so bad and it isn't oversold and this is why i think that we can see a little correction in the next days; but in the mid-long term we will go lower for now.
Anyway, as i said XRP at the moment is really really down and all you need to do is AVERAGE DOWN!! Do not stay focused on find the perfect dip because it can happen that you will fail and xrp will reverse! this market is heavily manipulated so buy everyday a bit portion of this one and when it will go up to the math, if you've bought at 0.35 or 0.34 or 0.3 or even 0.28, it will not make all this difference!
For now it's all, have a good day and see you later guys!!
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Rippledollar
There is a possibility for the beginning of uptrend in XRPUSD Technical 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.
. While the price downtrend in the Daily chart and the RSI is not broken, bearish wave in price would continue.
Trading suggestion:
. There is still a possibility of temporary retracement to suggested support zone (0.450 to 0.320). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.450)
Ending of entry zone (0.320)
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 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= @ 0.55
TP2= @ 0.65
TP3= @ 0.77
TP4= @ 0.94
TP5= @ 1.18
TP6= @ 1.60
TP7= @ 2.34
TP8= @ 2.87
TP9= @ 3.53
TP10= Free
There is a possibility for the beginning of uptrend in XRPUSD Technical 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.
. While the price downtrend in the Daily chart and the RSI is not broken, bearish wave in price would continue.
Trading suggestion:
. There is still a possibility of temporary retracement to suggested support zone (0.450 to 0.320). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.450)
Ending of entry zone (0.320)
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 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= @ 0.55
TP2= @ 0.65
TP3= @ 0.77
TP4= @ 0.94
TP5= @ 1.18
TP6= @ 1.60
TP7= @ 2.34
TP8= @ 2.87
TP9= @ 3.53
TP10= Free
There is a possibility for the beginning of uptrend in XRPUSD Technical 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 36.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. Price is in the Support zone (0.450 to 0.320), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.450)
Ending of entry zone (0.320)
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 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= @ 0.55
TP2= @ 0.65
TP3= @ 0.77
TP4= @ 0.94
TP5= @ 1.18
TP6= @ 1.60
TP7= @ 2.34
TP8= @ 2.87
TP9= @ 3.53
TP10= Free
There is a possibility for the beginning of uptrend in XRPUSD Technical 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 36.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. Price is in the Support zone (0.450 to 0.320), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.450)
Ending of entry zone (0.320)
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 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= @ 0.55
TP2= @ 0.65
TP3= @ 0.77
TP4= @ 0.94
TP5= @ 1.18
TP6= @ 1.60
TP7= @ 2.34
TP8= @ 2.87
TP9= @ 3.53
TP10= Free
XRP / USDT - THE RETURN OF THE BULLSXRP / USDT:
I've posted an xrp/btc chart recently, and its a similar story here..
I'm just going to copy/paste the description here cause I'm feeling lazy :P
it seems that we are currently putting in the waves D and E to complete wave 4 of one larger degree;
this means that we'll soon be going up for a wave 5 to complete wave 1 of a larger degree.
then down for a shallow 2 as this is in fact all part of a wave 3 of a larger degree, so brace yourselves!
there are alternate counts that could possibly take us lower, but i think this is the most PROBABLE outcome.
Happy trading and remember that the BULLS ARE COMING! :D
PS. It goes without saying that the boxes are the target zones, and the lines are various points it may get to.
There is a possibility for the beginning of uptrend in RippleTechnical analysis:
. RIPPLE/DOLLAR is in a Range Bound and Beginning of up trend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 44.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (0.63 to 0.32). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
. Beginning of entry zone (0.63)
. Ending of entry zone (0.32)
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 reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.94
TP2= @ 1.18
TP3= @ 1.63
TP4= @ 2.00
TP5= @ 2.36
TP6= @ 3.53
TP7= Free
There is a possibility for the beginning of uptrend in RippleTechnical analysis:
. RIPPLE/DOLLAR is in a Range Bound and Beginning of up trend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 44.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (0.63 to 0.32). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
. Beginning of entry zone (0.63)
. Ending of entry zone (0.32)
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 reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.94
TP2= @ 1.18
TP3= @ 1.63
TP4= @ 2.00
TP5= @ 2.36
TP6= @ 3.53
TP7= Free
Possible X3 for XRP - RIPPLE (+200% potential)The chart says it all and is quite comparable to my previous posts on Cardano and ICX (and XVG for that matter).
See what happened with XVG here:
We have a strong support line and we seem to be heading into a nice triangle break-out. This would likely push us through to 105181 sat. That’s only the first level. The other fibonacci’s highlight the next levels for profit taking
—> 129074 sat
—> 148386 sat
—> 167697 sat
—> 195191 sat
—> 230213 sat
If we look at the MACD we see the golden cross followed by upward momentum. We are just getting started.
Note that the “SMI” almost shows overboughtness, which could result in some red candles before the move up. But overall it looks like we’re good to go.
This is just my personal view, scenario is in favour of the bulls for now. DYOR :)
ICX:
Cardano:
Ripple . A new opportunity to buy in XRPUSD . let's hunt it !!Technical analysis:
RIPPLE/DOLLAR is in a range bound and Beginning of up trend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 33.
Trading suggestion:
*The price is in a range bound, but we forecast the uptrend would begin.
*Price is in the Buy Zone (0.67 to 0.32), we would set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.67)
Ending of entry zone (0.32)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)
Take Profits:
TP1= @ 1.12
TP2= @ 1.44
TP3= @ 1.73
TP4= @ 2.24
TP5= @ 2.73
TP6= @ 3.00
TP7= @ 3.53
TP8= Free
!XRP – Perfect wave analysis confirmed - Learnings/what's nextDisclosure: this is a repost of my Feb 10 Tradingview idea. It received over 2500 views but was taken down by admin because it contained some external links. Until today, I always included links to i) my website, ii) interesting other sources. Unfortunately, my ideas that contained links have now been hidden (it's against policy). Given that I found the post a very instructive & educational example, I decided to repost it - albeit 6 days later than the original post. See below for the (almost) full original ;-).
Post of Feb 10:
"Hi guys, this one is a crucial one! I really recommend you read this post until the end. Because… you will learn a hell of a bunc h on technical analysis! In my opinion that’s what we’re here for, & I want all of you – including myself – to become better traders & investors.
Let’s get the party started ;-) -->
In our initial post of Jan 22 , we called the last correction leg (leg “C”) in our Elliot wave analysis. We slightly adjusted our target on Jan 30 , & today we can see the perfect confirmation : a new impulse wave has started upward, ending leg C, beginning a new wave 1.
So in short: we ended the “correction" wave as we predicted and are now in wave 1 of a bullish “impulse" wave. (Feb 10 on the graph above)
The conclusion of our post on Jan 22 was simple:
--> "It is best to sit back some more while leg C is developing, & jump back into XRP when indicators such as MACD & the start of a new first wave leg confirm a bullish reversal."
In our post of Jan 30, I stated in the title " (!) XRP almost at crucial bullish reversal (>+100% potential) "
--> ... and we weren’t lying!
NOW --> Just have a look at our latest graph here above and you’ll see both the ending of leg C ànd a bullish confirmation in the MACD by a “golden cross” (blue line crossing red line with blue coming on top, and this just below zero) on the daily!
————
Let’s recap what we have been seeing right up until now:
1. Jan 22
Applying Elliot Wave Theory ("EWT") to the Ripple (XRP) graph clearly shows us that a C-correction leg is forming, after which a new upward impulse wave can start. You can find the full explanation (incl. ElliotWT) in detail by clicking on the chart:
--> You can also clearly see the movement of the five subwaves in the upward impulse wave, followed by that ABC correction.
2. Jan 30 - "(!) XRP almost at crucial bullish reversal (>+100% potential)" (post was hidden due to external links)
--> Closing in on the end of leg C & a bullish confirmation in MACD to confirm! (imagine graph below but without wave "5" in leg C)
3. NOW / TODAY (Feb 10)
—> The bullish cross in the MACD can’t be more obvious !
—> The downward trend channel is broken ! This is the channel that connects the top in (5) on Jan 4 with the end of leg C on Feb 9.
—> We are on the bottom of the Bollinger bands , meaning there is most likely only one other way to go: up! ( Boll. bands = the green "swingery" bands with a red line in the middle)
—> We see the bullish CCI trending upward
4. What’s next:
—> We’ll see more upward movement soon, but remember that also the upward impulse wave has its “red” correction legs.
—> We see the closing of the last candle here is at the 50% Fibonacci line. This one we will have to overcome before we can push through to the next target on the Fibonacci 38,2% (on the daily)."
RIPPLE ,Buy opportunity for XRPUSD, let's hunt it together now!!Technical analysis:
.RIPPLE/USD is in a down trend But beginning of Up trend is expected.
.In D1-chart and H4-chart the downtrend was broken and "Bullish Exit" is occurred.
.Price is In the Bollinger Bands buy zone and below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
.The D1-RSI is around 37 and above a support level 30. In D1-RSI and H4-RSI the downtrend was broken.
Trading suggestion:
There is possibility of temporary retracement to suggested support zone (0.67 to 0.32), if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.67)
Ending of entry zone (0.32)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)
Take Profits:
TP1= @ 1.12
TP2= @ 1.44
TP3= @ 1.73
TP4= @ 2.24
TP5= @ 2.73
TP6= @ 3.00
TP7= @ 3.51
TP8= @ Free