Rippleforecast
XRP Scalp Set-up for 18% gain! 🚀The $.31 support level now has given XRP support on three occasions already and also shows some historical strength on the S/R flip. Since the price has reached this level again now, I believe this could be a great moment to enter XRP for an amazing 18% trade opportunity.
I tried to make the chart as self-explanatory as possible so I won't add lots of text in here. In case you have any questions, feel free to drop a comment and I'll make sure to leave an answer for you.
XRP Just hit my TP1, full trade insideXRP/USDT
after alot of bad news
Ripple still strong and bull has the upper hand
We can see on small time frames breakout of symmtrical traingle ...on daily frame its was Consolidating above EMA 20
If there is no any new bad news
and BTC didn't do surprise
I expect xrp will have bullish rally towards 0.4 area at least before any pullback
In my channel i sent XRP signal early
And already hit TP 1 ,Full trade below 👇 :
XRP / USDT
Buy between: 0.317$ - 0.29$
Stoploss : 0.28399
SELL Targets
0.33$ - 0.36$ - 0. 39$ - 0.44$
Good luck 🤞
Ripple price recovery hits a massive barrier at $0.4
Ripple recovered towards $0.4 but has been rejected due to the formation of a double-top pattern.
The cross-border transfer token is banking on support at $0.30 to secure the uptrend and avoid a price dip to $0.25.
Ripple is attempting to redeem itself after the multiple lawsuits it was forced to endure towards the end of 2020. The final price dip to $0.17 saw bulls come back from hibernation to defend their fort.
The bulls’ efforts were rewarded by a spike above $0.2, but the upside remained limited under $0.25. Consolidation took precedence in the first week of January, giving way to a commendable breakout above $0.3.
XRP/USD restored its position above the 50 Simple Moving Average and the 100 SMA on the 4-hour chart. This encouraged more buyers to join the market, perhaps due to the general uptrend in the market as Bitcoin approached $40,000 for the first time in history.
The cross-border token came close to trading at $0.4 but was rejected due to the formation of a double-top pattern. This is an extremely bearish technical reversal pattern that comes into the picture after an asset hits a high price point a couple of times. Note that there is usually a moderate price drop between the peaks.
At the time of writing, XRP is doddering at $0.32 amid a growing bearish grip. Support is envisaged at $0.30. Closing the day above this level will not scare away the bulls and investors daring to join in the troubled token market. Besides, this support might call for more buy orders, thus securing the uptrend targeting highs above $0.4.
On the other hand, a daily close under $0.3 could trigger more sell orders as investors throw in the towel to concentrate on other better-performing tokens. Meanwhile, lower buyer congestion is anticipated at the 100 SMA, $0.25, and the 50 SMA.
Ripple intraday levels
Spot rate: $0.32
Relative change: -0.002
Percentage change: -0.76
Trend: Bearish
Volatility: Expanding
XRP-2h. So far, the prospects are bleak.The new year has not started too positively for XRP investors. from December 28 the price is trading below the range of $0.24-0.26 . During the week, buyers managed to test this range only a few times. Recall that the last time in September 2020, sellers managed to lower the price below this range, the buyers for 3 months could not break this range.
On December 28, sellers shattered the myth of continuing price movements in the global growth trend, lowering the price to $0.18 .
Below the range of $0.24-0.26 there is a demand for the coin. However, active counterattacks of buyers are imperceptible. We will consider this coin in the long only after fixing the price above $0.26.
a lot of interesting things about the coin were written in the global idea
Despite the monthly timefr ame, there is a high probability of starting a new consolidation in the range of $0.14-0.16.
Ripple- New leg down?We all know that Ripple fell about 80% and the reasons for this, so I will not get into details...
From the technical point of view, after this spiral down, XRP found some support around 0.16 and a correction has started. Looking at H1 chart we can see that this correction staled at 0.25 zone and we can clearly see a strong resistance here. The rise from 0.16 is in a flag and I expect a new leg down from this cryptocurrency.
Confirmation for sellers comes with the price under 0.22 and 0.15 could be the target. Rallies towards 0.25 should be sold and, on the other hand, a break above this resistance would signal a deeper correction and expose 0.30 zone.
How every support is giving long opportunityHey guys and gals, welcome to the new update on XRP coin.
Another bad news:
Today is another very bad day for XRP as another worst news published that “Coinbase to Suspend XRP Trading Following SEC Suit Against Ripple”
Before this, we have seen that the XRP was dumped hard when SEC filed a lawsuit against Ripple a few days back.
Traders are taking advantages:
Now, the traders are taking every dump as an opportunity to buy the dip. As when the price of this coin reached at $0.22 support they started buying and dumped it again. Then the waited for this $0.22 support to be broken down and now they have again started buying from the $0.17 support. Now there are strong chances that they will dump it again and let the price action move to the most critical support at $0.13 and start buying it from this support again. In the meanwhile the price action has also broken down all simple moving averages with the time period of 25, 50, 100 and 200.
Breaking down long-term trendline support:
On long term weekly chart, the price action of XRP coin is also breaking down the long-term uptrend line.
SMAs on long-term:
The price action of XRP coin has broken down 200, 25 and 100 simple moving averages and now breaking down the last support of SMA with the time period of 50.
Ichimoku cloud can be broken down:
On the same long-term weekly chart, the price action of the XRP coin is also at the support of Ichimoku bearish cloud. If this cloud will be broken down then it can become a very strong resistance for long-term.
Conclusion:
Even though it can be a really good long opportunity if the price action will be dropped at $0.13 cents, as it is getting pumped from every support, however, the news behind this coin is very bad therefore, if someone tries to buy it at any support he should take care of the stop loss.
XRP - Apparently the chart never liesThe chart never lies but I will be honest with you, i got emotional and tried a retracement (thank God it did not cost me much of my profits) at 24 cents... I got back on selling at 22c, so I guess i am ok.
I really hate it when my emotions trick me, it is always proven that the most i stick to my chart and my strategy the better the outcome will be.
When do we buy this Ripple again? Well, maybe at 14cents
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.
XRP - Volatility inboundXRP chart updated for you all.
The 25c level could be checked again and probably bounce.
We are now 65% bullyish on Ripple and looking at 40cents target for the next few days BUT a drop first could be well anticipated.
Maybe start buying slowly and make sure you can buy the 25c again if it happens.
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.
XRP reached resistance zoneXRP / USDT
Ripple after massive sell pressure last days
Had a nice recovery yesterday from 78.60% fib level to 61.8% fib level
Currently the price faces resistance area
(Trend resistance + 61.8% fib)
🌟 If price will break the resistance zone we can buy on retest with small stoploss
🌟 If price failed to break... it will drop again to previous support area at 0.2X $ and may be more
GOOD LUCK 🤞
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 $0.44-0.46 is quite probable . However, this requires the expulsion of all aggressive sellers from the market and gather strength.
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XRP (RIPPLE) simple analysisXRP / USDT
1- Bullish flag
price after breaking out from major descending channel
Now price is forming flag pattern which is bullish
For this pattern to be successed local support (red color 0.55$-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 🌹