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Rippleforecast

XRP - Our updated small chart (Bearish outlook)So further to yesterdays idea, the opposite happened. I was expecting an opportunity for the price to break under the triangle and then UP....but it broke UP and it looks ready to storm down.. so, be careful because the 25 cents level can be checked again and likely broken down to even 14 cents. It is what it is guys, don't marry an asset, go in and out...and right now I am totally out of Ripple. Will let you know if something changes.
BITSTAMP:XRPUSDShort
by FX_Professor
5
XRPUSD back at the long-term trendline supportHey friends, hope you are well and welcome to a new update on XRP coin. More than 80% recovery rally: After the news of a lawsuit filed against Ripple, there was a drastic drop in XRP but it has recovered 80% in a single day. On the daily chart, it spiked beyond the $0.22 support but now moved above the $0.31 level and using this level as support. Here the price action of XRP also has good support of daily 200 simple moving average. Simple moving averages on a long-term chart: If we switch on the weekly chart, then the price action of XRP is breaking down the 200 and 25 simple moving averages and spiked upto 50 SMA. Ichimoku cloud: On weekly chart, the priceline has spiked upto the bottom support of Ichimoku bearish cloud and moved up. If this cloud will be broken down again then it can become a very strong and long-term resistance level for the XRP coin. Long-term support: Now, I would like to recall my previous idea with you, that I published back on 21st Oct 2020, when the price action was at the long term up-trendline support and based on the technical analysis I predicted that now from here the price action can start a bullish rally, and finally the priceline of XRP coin rallied more than 230%. Now the price action has again spiked at the same up-trend line support. Therefore if anyone wants to set a stop loss then we can set the stop loss at this level. The stop loss is at $0.26 at the time of writing, but with the movement of candlesticks the stop loss can be changed, it depends where the priceline drops at this trendline. BAT move: On 16 Dec I predicted, that the price action can complete the final leg of bullish BAT. Now the leg has been completed, therefore, we can set our buying and sell targets according to Fibonacci sequence of this pattern as below: Potential reversal or buying zone: $0.3480 to $0. 0.2918 Fibonacci projection or sell zone: $0.4821 to $0.6834 Conclusion: Even though, after the recovery rally, the priceline is above different supports again, but the new behind the XRP coin is too bad. Therefore we need to follow the stop loss strictly.
BITSTAMP:XRPUSDLong
by moon333
3
XRP-4h. The target of the sellers has been reached.In 3 days our previous XRP idea completely worked out. Negative news restored the real price of the coin. The price returned to the range from which it began to grow wildly in November. As you can see, the update of the historical high of BTC allowed XRP buyers to go beyond the falling channel. However, there were not enough forces to continue growing . Looking at the volume of trades during which the price of XRP fell, we can see that there are interested buyers who are willing to buy in the range of $0.3-0.32 . Given the positive dynamics of BTC, a short-term growth trend to the range of $0.44-0.46 is quite probable . However, this requires the expulsion of all aggressive sellers from the market and gather strength. _________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
10
XRP (RIPPLE) simple analysisXRP / USDT 1- Bullish flag price after breaking out from major descending channel Now price is forming flag pattern which is bullish For this pattern to be successed local support (red color 0.55$-0.56$)should hold and we can see nice impulse toward 0.66$-0.74$ area 2- If this local support failed : Price will go down to test channel upper trendline And also 200 EMA (dynamic support in same area) If price dropped there we can expect a nice bounce Good luck and happy trading for you all 🌹
Long
by Babenski
3
XRP-4h. Buyers are approaching the $ 0.74 target.Our previous idea worked out perfectly. The price turned sharply after the $0.44-.046 test . Buyers broke the correction channel of the fall and showed their aggressive intentions. A small correction to $ 0.52 will be a great opportunity for investors who did not have time to buy XRP. The first major target remains at $0.74. Critical point - $0.5. If buyers fail to keep this mark, sellers can update the local minimum and stay at the $0.38 mark . ________________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
Long
by P_S_trade
12
XRP-4h. Weakness of buyers and the range of $0.44-0.46.XRP was not as strong as everyone expected. Comparing the rebound of XRP on December 13 with other coins, it seems that the interest of big money in the project has decreased significantly. Buyers managed to keep the level of $0.48. However, the target of our previous idea remains relevant. The rest of the buyers has been delayed and we hope to activate them at $0.44-0.46. The alternative scenario will take effect after fixing above $0.52. However, so far there are not enough volumes to break this mark. ___________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
Short
by P_S_trade
7
XRPUSD completing BAT| Upto 134% expectedOn the daily chart, the price action of XRP is completing final leg of bullish BAT and soon it will be reached in potential reversal zone. On breaking down 50 simple moving average the pattern will be more confirmed. There is also a strong support of 200 SMA below the potential reversal zone. Buying And Sell Targets: The buying and sell targets as per Fibonacci sequence of BAT pattern should be as below: Potential reversal or buying zone: $0.3480 to $0. 0.2918 Fibonacci projection or sell zone: $0.4821 to $0.6834 Stop Loss: The potential reversal zone area that is up to $0.2906 can be used as stop loss in case of complete candlestick closes below this level. Possible profit and loss ratio: As per above targets this trade has a profit possibility of 134% and as per the above-mentioned stop loss, the loss possibility is 16.1%. Note : Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
BITSTAMP:XRPUSDLong
by moon333
2
XRP - The charts never lie, time to start buyingChart is self-explanatory, the unchecked 0.42 level needed to be checked and this is now very closing to happening. At the same time Bitcoin has been rising slowly and steadily. About the Professor: I have been knocked down by a flu, spent almost all day and night in bed yesterday. 💊😵 It is 04:00am here and the only reason i got up and check the charts is that 2 alarms went off within 15 minutes - Ripple positions took profit at 0.458 and 0,440 Time to start buying Ripple now and hoping to repeat this again but I know from now that it will probably start bouncing up soon slowly and steadily this time.
BITSTAMP:XRPUSDLong
by FX_Professor
3
Ripple breakdown unstoppable, as declines to $3.5 beckon Ripple’s bearish leg has become stronger after ignoring a possible double-bottom pattern reversal. XRP/USD losses could extent to $0.35 but the buyer congestion at $0.4 may absorb the selling pressure. Ripple’s breakdown has been unstoppable ever since it hit a yearly high at $0.82. Selling pressure has continued to rise, shattering key tentative support levels, including $0.7, $0.65, and $0.6. XRP bulls tried to hold the price above $0.5 but they were unsuccessful. For now, the cross-border token is busy hunting for formidable support but the search is likely to come unrewarded owing to the fact that a possible double-bottom pattern has been ignored. Tentative support held the ground at $0.45 before XRP dipped to $0.44 (prevailing market value). The bearish narrative appears to have been validated by the Relative Strength Index, as it dives deeper into the oversold area. The bearish leg is poised to continue to $0.4, where buyers will try to force a rebound. However, the breakdown has the potential of reaching the level at $0.35 before a significant recovery comes into play. It is worth mentioning that the bearish scenario will be thrown out the window if Ripple bounces off the intraday low at $0.43. The impact of the ignored double-bottom pattern may still be present, and perhaps will support recovery, at least above $0.5. XRP recovery movements are likely to be hampered by the seller congestion at the 200 Simple Moving Average. Further up, the 50 SMA will stand in the way of upward price action eyeing $0.55. Ripple intraday levels Spot rate: $0.44 Relative change: -0.25 Percentage change: -5% Trend: Bearish Volatility: Low
BINANCE:XRPUSDLong
by CoinGape
4
XRP- Who likes sideways? 😴For XRP the 49.99 is Bad news Sorry again my Ripple fanatics; I speak what I see and my output is more on the negative side at this point in time. The price is under the 0.50 psychological support and I foresee that it can likely drop more. Why ? Well first, the AirDROP effect is finished but the price did not rise back up. Secondly because there is NO volatility (going sideways in a boring way now isn't it?🥱😴 plus we pay swaps and overnight fees on our positions, brokers love that shit) Thirdly because it all smells fishy right now: It's kind of like the 'Xmas Special' of the financial markets: ''Ladies and Gents, This Xmas buy RIPPLE XRP, the new Bitcoin is here, banks love it, come get rich with cryptocurrencies, don't miss out like you missed on Bitcoin (you can't buy that one no more it's too expensive for skinny ass) but you still can get the XRP NOW FOR THE PRICE OF 49.99 (usually items that are sold like that on Xmas season end up being on sale for 20% less after-Xmas sales) PS. No news is BAD NEWS in this case. What can save Ripple short-term Longs now is only NEWS! Good Financial Headline News, from banks and institutions, about how Ripple is good and how their bank will use Ripple and how Christine Lagarde and Chucjk Norris are investing in it. Ripple is out of fuel and the fuel in this industry is NEWS.. So, NO NEWS is BAD NEWS in this case.
BITSTAMP:XRPUSD
by FX_Professor
1
Ripple is the verge of tumbling from a high cliff Ripple is on the verge of a breakdown to $0.4 if support at the 200 SMA on the 4-hour chart caves. XRP/USD is likely to invalidate the downtrend if it closes the day above $0.5 or the 200 SMA. Ripple is trading under intense overhead pressure, risking a massive freefall back to $0.4. Losing the support at $0.4 was a blow to the progress XRP had made in November. For now, the path of least resistance is downwards, as seen on the 4-hour chart. The lower boundary of the descending parallel channel appears to be holding the fort for the bulls.  However, the Relative Strength Index has reinforced the ongoing bearish momentum. If the indicator hits the oversold area, selling orders are likely to increase significantly. The 200 Simple Moving Average on the 4-hour chart is also in line to offer immediate support, and buyers must hold this crucial support. Otherwise, XRP/USD could tumble to $0.4 (next tentative support area). The daily chart also confirms the bearish outlook, suggesting that the next critical support lies at the 50 SMA. Similarly, the RSI is in a sloping motion but has not hit the oversold area yet. This could mean that XRP bears still have enough room to explore before recovery comes into play. On the other hand, the bearish picture will be invalidated if Ripple closed the day above $0.5. Moreover, the support at the channel’s lower boundary as well as the 200 SMA on the 4-hour would secure the uptrend if they remain intact. The most significant upward movement for XRP would be to overcome the hurdle of $0.6. Ripple intraday chart Spot rate: $0.495 Relative change: -0.02 Percentage change: -3.4% Trend: Bearish Volatility: High
BINANCE:XRPUSDLong
by CoinGape
1
XRP- Third attempt will be DECISIVE (70%🌄 / 30% 🚽 )XRP- 3rd attempt to break under the 3rd support is crucial 3️⃣3️⃣ We are coming closer to the third (3rd) attempt to break the 0,485 level. It came close but no touch/check , which is a bullish sign. This gives Buy positions an statistical advantage now. Third attempts are the ones with the highest probability of succeeding- in this case to break under. (then 6th and 9ths) Now is a good time to start buying but IF it breaks under the support (0.489) you need to be aware because the 0.40 level will be a magnet pulling the price towards it's level 🧲
BITSTAMP:XRPUSDLong
by FX_Professor
6