Ripple may be on the foot of the breakoutRipple forming head & shoulders patter. Volume is right neckline is descending. We wait for the formation of right shoulder to confirm reversal.
Rippleforecast
Ripple XRPUSD Looking for consolidation in the $0.25 -$0.26 areaOn Thursday, January 30, the popular altcoin formed another green candle and moved up to $0.243 pushing price 3.8 percent higher.
The last day of the workweek once again proofed that neither bulls nor bears were strong enough to take over control of the situation. The coin fell down to $0.238 after trading as low as $0.233 during intraday.
The XRP closed the month of January with an increase of 25 percent.
The weekend of February 1-2 started positively as the “ripple” moved up to $0.24. On Sunday, February 2 it smashed through the $0.25 support line and peaked at $0.262, just to close the week at $0.251.
XRP set a new year-to-date high - $0.261
$0.25 to serve as a support while the $0.25-0.26 will be important for the mid-term consolidation
Trading volumes were stable around $2 billion for the whole week, then peaked to $2.8 billion on Sunday, February 03.
For more details, check my previous ideas (I publish every two days) and subscribe, so you can follow my updates.
XRP is on time correlates to 2017 patternsLooking at the current patterns, it does have a correlation pattern with 2017, it looks like there is still one last dip on the (daily) XRPUSD Poloniex chart.
Also, looking at the daily Stoch's momentum, it's possible we might see a minor dip back down near the 21's cents on the daily before it takes off.
My previous post was on the (weekly) patterns & indicators analysis. To re-cap; the weekly still have a strong potential strength and momentum (stoch and RSI) to go up.
I wouldn't be surprised if XRP jumps Feb~Apr 2020 during tax season and history repeats itself.
disclaimer: This is not a financial advice. This is my opinion that's reflected from the chart patterns and indicators.
Control your money responsively at your own will.
#XRPUSD#RIPPLE, A good time to buy?The Ripple has not really been following the rise of Bitcoin which means there is still potential for increase.
You can see that the XRP / USD broke the average moving line 200 but still not far enough away from the dangerous area.
The candles are placed above the Ichimoku cloud and in addition, a positive green cloud accompanies us on the daily graph.
Target: $ 0.26
Ripple's XRP returns to the support zoneThe weekend of January 25-26 started with another drop on Saturday for the "ripple". The XRP token fell down to $0.218 in its fourth straight losing session.
On Sunday, January 26 the coin skyrocketed to $0.23 in one of its best sessions for the last two weeks. It successfully rebounded from the $0.215 support line and returned to the $0.23 -$0.25 zone, which we already marked as critical for the mid-term recovery more than once.
The XRP/USD pair stabilized around the mentioned level and experienced no significant changes in price during the trading day on Monday, January 27.
If XRP buyers manage to push the price back into the uptrend channel and consolidate successfully above $0.25, then $0.30 is at play. Otherwise, they risk losing momentum and falling back to the $0.215 -$0.23 zone.
The $0.23 to serve as support as already discussed.
XRP bulls will have to move back into the uptrend channel and confirm their position above $0.25 to be in a position to attack $0.30
We are still below the 100-day EMA
Trading volumes are steadily increasing since last week when they were mainly seen in the $1.5 - $1.7 billion zone. We registered a 25 percent increase from Sunday, January 26 to Tuesday, January 28 or up to $2 billion.
For more details, check my previous ideas (I publish every two days) and subscribe, so you can follow my updates.
Ripple (XRPUSD) still to consolidate in the $0.23 -$0.25 zoneOn Thursday, January 16, the XRP token fell further to $0.228 after touching $0.221 during intraday.
The last day of the workweek came with a quick rebound for bulls as the “ripple” regained its positions above $0.23. It moved 4.3 percent up and stopped at $0.239.
The weekend of January 18-19 started positively on Saturday. The XRP peaked at $0.254 before closing at $0.242 later in the day.
On Sunday, it managed to peak above $0.25 for the first time since November 2019, still, it the coin closed the day with a loss to $0.235.
XRP to stabilize in the $0.23-$0.25 zone in order to prepare for an attack of $0.30. It peaked above $0.25 on both January 18 and January 19 trading sessions, still, without being able to hold that level
XRP moved below the slow 100-day EMA on Saturday, January 18.
Trading volumes more than doubled from $1.4 billion to $3 billion from Monday to Wednesday, then stabilized in the $2.3 - $2.2 zone for the rest of the week.
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 42.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.18300 to 0.148). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.183)
Ending of entry zone (0.148)
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= @ 0.2300
TP2= @ 0.2805
TP3= @ 0.3300
TP4= @ 0.3800
TP5= @ 0.4240
TP6= @ 0.4800
TP7= @ 0.5700
TP8= @ 0.7615
TP9= @ 0.9145
TP10= @ 1.37050
TP11= Free
Ripple (XRP/USD) analysis, December 30The Ripple company token XRP moved up to $0.197 on Sunday, December 22 and ended the week 8.7 percent lower compared to the previous trading period.
It opened the new trading session on Monday with a heavy loss, which resulted in a 4 percent decline to $0.189. The cryptocurrency was not able to break above the downtrend channel by escaping the $0.20 -$0.19 trading range.
On Tuesday, December 24 it managed to avoid further losses and found support at $0.19 closing with a small gain to $0.1904 after peaking at $0.194 during intraday.
The mid-week session on Christmas saw low-volatility in the crypto market. The XRP/USD pair dropped to $0.188.
The move was followed by a green session on Thursday, December 26, during which the “ripple” once again reached $0.194 and erased the losses from the previous day by closing at $0.189.The current target for bulls was to restore positions in the already-mentioned zone and prepare for an attack of the levels around $0.217-$0.218.
The popular altcoin resumed its good performance on Friday and successfully climbed up to the lower end of the support area.The weekend of December 28-29 started with the formation of a third consecutive green candle on the daily chart. The XRP/USD pair moved to $0.192 on Saturday after breaking the downtrend channel for the first time since December 9.
On the last day of the week climbed up to $0.196 ending the week flat.
The XRP/USD broke the downtrend on December 28. The move started on December 9, so the break is a good sign.
The "ripple" successfully returned to the $0.19-$0.20 support zone and will be looking to confirm the uptrend there. The next level will be $0.217-$0.218
RIPPLE is Below Key level, Where to SELL???...RIPPLE Sell
The Price is in a Downtrend and Below a Key level, the price is rejected many times from the level, If price show another rejection of the level, look for Sell opportunity..
For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 1hr timeframe...
Push LIKE & SUPPORT the Idea....
RIPPLE is near SELL Zone, Sell trade opportunityRIPPLE Sell
For Entry:
Wait for the small correction or retest of the support turn resistance level and Wait for a Bearish Signal for confirmation..
Push Like & Support the Idea...
Ripple XRP analysis 23.12.2019On Thursday, December 19, we could not see a continuation of the good performance by the XRP and the coin once again corrected its price, this time to $0.187.
The last day of the workweek brought another positive session for buyers as neither they nor bears were able to establish a trend. The XRP/USD pair closed at $0.194, right in the middle of the $0.20 -$0.19 support zone.
The weekend of December 21-22 started with a small correction to $0.192 on Saturday, which was followed by a winning session on Sunday. The XRP moved up to $0.197 and ended the week 8.7 percent lowered compared to the previous trading period.
The XRP/USD pair initiated a reversal after touching $0.174.
The "ripple" successfully returned to the $0.19-$0.20 support zone and will be looking to confirm the uptrend there. The next level will be $0.217-$0.218
Ripple (XRP) analysis 16.12.2019The trading session on Thursday was quite volatile and the coin was moving in the wide range between $0.223 and $0.213. It finally stopped at the previously mentioned support of $0.218.
Sellers made another attempt to break towards $0.214 on Friday, December 13 but without success. The XRP token ended the workweek with a green candle to $0.22.
The weekend of December 14-15, however, had a bad start for bulls as the popular altcoin could not extend gains and dropped to $0.215 instead, losing 2.3 percent of its value.
It rebounded from the lower end of the support corridor (or $0.214) on Sunday, December 15 and climbed up to $0.216.
Looking at $0.214 as the current support and it looks ok for the time being. Still, the general crypto market trend will play a role. If broken, we will go towards $0.20
Ripple makes a new low. Will we see a rebound?Ripple is falling back in the red territory and XRP made a new lifetime low of $0.19638, which is a bearish sign. The straight fall from $0.31519 has plunged the RSI into deeply oversold territory. The crypto asset’s value has been gravitating on a daily chart within a descending channel since June. The channel has been tested severally on both sides. Additionally, the price is trading below the 50-day and 100-day moving averages on H4 chart.
Ripple price recovery will not come easy as long as the RSI stays close to or below 30 (on daily chart). The gradual slope of the RSI hints that the path of the least hurdles is to the south. But at the same time, this could indicates that the selling pressure has been overdone and a relief rally is likely. But to be on the safe side, Ripple must correct above $0.23 and focus of levels above $0.25. 0.2500 area is a psychological key resistance and was used three times recently. If the daily candle closes anywhere near or above it then the bulls could get excited and to continue towards $0.30.
Failure to move back through to $0.22 levels could see Ripple’s XRP fall for a 3rd consecutive day. A fall back through the morning low $0.2135 would bring the first major support level at $0.2050 into play.
Barring a crypto meltdown, however, Ripple’s XRP should continue to steer clear of sub-$0.20 levels.
Ripple (XRP) analysisThe XRP/USD pair peaked at $0.232 on December 8, but could not confirm its position in the middle of the $0.23-$0.235 zone. The "ripple" was rejected around $0.231 on December 9, which led to a break below the short-term uptrend channel.
Looking at $0.218 as next point of support before $0.214 - a level that triggered the last upward movement
XRP (Ripple) analysis 09.12.2019The “ripple” dropped to $0.214 on Wednesday, December 4 after trading in the $0.226 - $0.209 zone. The efforts from buyers were not enough to help re-enter the uptrend channel and the XRP/USD pair continued with its disappointing performance.
Things started to change on the fourth day of the workweek when the popular cryptocurrency finally showed some signs of recovery. It climbed up to $0.221 and added 3.2 percent to its price. The good move was followed by another one on Friday, December 6 when the uptrend was confirmed and the XRP closed at $0.225.
The weekend of December 7-8 started with a third consecutive green candle on the daily chart on Saturday and an increase to $0.227. On the last day of the week, the “ripple” drew its fourth straight winning session on the daily chart and climbed up to $0.229.
The $0.23-$0.235 zone is of critical importance for the mid-term it was long-standing support in the past and now might have turned into a solid resistance
Yet another C&H XRPETH VOLUME SURGE
TP1 149540
TP2 150688
Stop 145810
Forgive me but I’m freezing my ass off and don’t have any gloves yet could not resist the urgency to publish this juicy signal spotted by the w1Z making it the 2nd C&H (alongside rapid volume accumulation) today thus far....will update later when I get out of this goddamn cold.
Disclaimer
Not financial advise
TradingView/ Linkdeln / Twitter / Stocktwits
• @a1mtarabichi
Peace & Love
(Will update later)
Don't miss the great buy opportunity in XRPUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.2236). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XRPUSD 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.
Take Profits:
TP1= @ 0.2495
TP2= @ 0.3145
TP3= @ 0.3800
SL= Break below S2
Don't miss the great buy opportunity in XRPUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.2236). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XRPUSD 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.
Take Profits:
TP1= @ 0.2495
TP2= @ 0.3145
TP3= @ 0.3800
SL= Break below S2
A return above 0.30 remains to be the XRP bulls’ short-term goalRipple price remained depressed over the weekend despite other cryptos posting minor gains. This morning the crypto asset declined with 1.48%.
On Sunday, the major support at $0.25 was tested. Right now Ripple is in the middle of a correction to the short term support at $0.26.
For the day ahead, a move through to $0.2640 levels would support a run at the first major resistance level at 0.2680. There is located the 50 Simple Moving Average on the 4-hour chart. Apart from the 50-day SMA, XRP will need deal with more resistances at the 100-day SMA on the H4 chart currently at $0.28, followed by $ 0.2830 (23,6% Fibo retracement since May's decline), $0.29 and psychological $0.30.
Meanwhile, we have formation of a falling wedge pattern, which is a key indicator for a rally at the end of the year. Ripple could easily approach $0.35 and trade towards $0.50 before December 31. But for now, a return above $0.30 remains to be the bulls’ short term goal.
On the downward direction, a clear break bellow today's low at 0.2670 could extend the bearish pressure for retesting to the key 0.25 support.
Ripple (XRP) analysis 18.11.2019The support line of $0.27 was finally broken on Thursday, November 14 when the XRP token fell to $0.267. The move was followed by another losing session on the last day of the workweek as the popular cryptocurrency lost 2.6 percent of its value and stopped at $0.26.
Even though bears managed to push the price all the way down to $0.251, they were later rejected as the long-standing support line at $0.26 was defended successfully.
The weekend of November 16-17 started with a small increase to $0.261 on Saturday. The coin moved up to $0.263 on Sunday and closed the seven-day period with 6.8 percent of losses.
$0.26 is holding for the moment as a major support in the last weeks/months. A drop below that level will open the doors for another visit of the area below $0.24
#Ripple#XRPUSD, You have to read itWe recommend a buy signal against the trend.
The Ripple is below average if you look back a year which is a great chance we will see a return to the $ 0.30 average area
The Stochastic reaches an undervalue in the daily graph.
Since the recent ascents, there has been no technical change in the Ichimoku Indicator Cloud.
Target: $ 0.2850
XRP/BTC 11.11.2019Possible cup and handle, (my first cup and handle formation chart!), bullish linear regression with a value of 0.79, not perfect but enough for a trend to be established, TSI showing overbought conditions indicative of an immediate bearish move.
