XRPUSDT "Double bottom" and a rise to $0.60 or fall to $0.21?Global chart of the XRPUSDT pair on 3-D time frame.
Now, probably, completing the formation of the "second bottom"
The goal of working out such a pattern is in the area of $0.55-0.60 per XRP
Also, Ripple price is now near the critical point of $0.30 . If the sellers manage to fix the price below $0.30, then nothing will prevent it from falling to the bottom in the zone of $0.21-0.25
In principle, the situation on the XRPUSD chart is very similar to that on the BTCUSDT chart we wrote about earlier.
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Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
Rippleforecast
Ripple: Bust Your Butt!Ripple has to bust its butt now, if it wants to avoid falling into the abyss. The altcoin’s only chance for survival is generating massive upwards impulses to make it above the resistance at $1.0164. If Ripple can save itself above the next resistance at $1.4161 as well, the outlook could start to become a bit more optimistic. However, there is a big fat 49.9% chance that Ripple could drop below $0.1720 instead.
Powerful impulse of XRP price movement soonToday we bring to your attention the global schedule XRPUSDT
Roughly speaking, last 12 month, the price of XRPUSD in broad consolidation.
The main question is whether the consolidation will continue in the form of a triangle or the price XRP will update the lows to $0.44 and move in the form of a channel.
After today's sharp fall in the cryptocurrency market, the price of Ripple is at an interest point, where you can get a good medium-term trade.
Entrance to the position in the area of $0.59
Stop below $0.55 (-5% of entry point)
Take profit around $0.77-0.80 (+ 30% of entry point)
Profit / loss ratio 6/1
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Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
#Ripple Drops 7%, #XRP Bulls Upbeat as Prices Float above $0.67Past Performance of Ripple
Currently, the #Ripple price is in red, steady in the past 24 hours but down eight percent in the previous trading week as per the performance in the daily chart. Even so, XRP bulls stand a chance.
At spot rates, XRP has support at critical levels and may spring higher in a buy trend continuation pattern if there is rejection of lower prices.
Ripple Technical Analysis
In the daily chart, XRP is under pressure, mirroring the general state of the crypto market. The coin is down eight percent versus the #USDT. However, prices are reacting at around the 61.8 percent Fibonacci retracement level of the Q1 2022 trade range. Still, a drop below last week's low of around $0.67 may force the coin back to $0.60—or lower. A recovery above $0.75 could draw in buyers angling for $0.79 and later $0.88 if there is a high volume upthrust confirming gains of April 18.
What to Expect from XRP?
Buyers are upbeat, bullish that #XRP would reclaim its slot in the top-3. A close above $0.75 would solidify bullish convictions, possibly pumping XRP to new reaction levels.
Resistance level to watch out for: $0.75
Support level to watch out for: $0.67
Disclaimer: Opinions expressed are not investment advice. Do your research.
XRPUSD BEAR RALLY CONTINUES Over 800 pips bagged successfully in the past 12 days trading Ripple, i know many are not a fan of this crypto currency but i will advice you to keep an eye on it, made over $270k Trading this pair in the last 3 years... if you love this position and probably holding short with me, leave a comment below and let us continue to get STUCKINPROFIT
Ripple: Trellis🌿As springtime has already begun, many people start preparing their gardens and balconies for the new season. We, too, have put a trellis in place, which our Ripple-vine can use to thrive and prosper. Accordingly, it should soon climb above the resistance at $1.01642, aiming for new highs above the next mark at $1.41608. However, if Ripple falls below the support at $0.6229, this could increase the probability of our alternative scenario. So far, there is a 40% chance that Ripple could drop below $0.50959 and further below $0.34007 from there.
XRP Ripple: Lots of ResistanceHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Ripple (XRPUSD).
Ripple price seems to be approaching multiple resistance lines. Keep an eye on the 0.618 Fibonacci Retracement level if price comes back down.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
XRP Ripple: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Ripple (XRP).
The chart is self-explanatory. Keep a close eye on the 0.786 Fibonacci Retracement level which is near the edge of the red Ichimoku Cloud. This may come in sync with the RSI getting to the Support and Resistance Line.
Shown in the chart: Trend line, Support and Resistance Trend Line, Relative Strength Index, MACD, Bollinger Bands, Money Flow Index, Fibonacci Retracement, EMA Ribbons, Simple Moving Average, Ichimoku Cloud, and Volume.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
XRP Long ThesisAs I study the daily chart, I realize the EMA Clouds have been converging for a while. In my opinion, this only means one thing, and that is, XRP is ready to make a big move. Due to Swift restrictions, I believe this coin will play a substantial role in the transfer of capital in the coming months. It's on sale if you were considering investing long-term. I'm very confident in this.
1$ XRP Soon!!?XRP has been performing quite amazing as of late with us rebounding out of the bearish triangle with a gain of nearly +60%, we had a little cooloff recently after our hot run to the upside. Now it seems we may see a little sideways price action before then jumping up another leg. Our main target or first goal would be the 0.2 FIB level at 0.903 cents, breaking through here is going to give us some bullish momentum to push us further inbetween the 0.2 FIB and the 0.3 FIB where the 1$ mark sits. Looking at the bollinger bands we had a strong run up along the top band and have since fallen off during our cooldown phase, we have the midline rising as an added layer of support but we are still not very far off that top band, the whole goal would to be like i said get up and above that 0.2 FIB level, doing so will also put us in a position to grab ahold of that top band once again to make that next explosive move up! now the RSI looks great the main thing here is we regain the midline, now of course we need to see this hold but ultimately this puts us back into a confirmed uptrend aslong as we can steadily hold this level! Also have the yellow SMA pushing up and above the midline is a big deal aswell, this adds another layer of support and gives us a stronger chance of holding above here longer term. Now the MACD we are looking good we still have some big separation with the blue MA on top which effectively makes it more difficult to trigger a bearish cross, now our histogram is decreasing and has been for a little bit now but what im looking for is a flatten out of the green bars and the start of another bullish macd cycle, this would be seen if we notice our green bars beginning to increase yet again! Now what could happen is we see a decrease all the way down to the midline area before getting a bounce off the orange MA, this would fake out a handful of traders making them think a bearish cross is coming before then reversing back bullish! Not financial advice just my opinion!
Ripple- 0.7, a good place to sell shortAfter the recent 0.55 low, Ripple has found support and, like all crypto market is in a correction.
This correction can be a good opportunity for speculators to join the trend and sell this rally.
A good place for this can be 0.7 resistance with a target towards 0.5 important support.
Sustained buying above 0.7-0.75 would negate this scenario
XRPUSD BEARS STILL IN ACTIONAn excellent performance on ripple... initial trade was given last year September 5th, it was the beginning of massive profit with zero drawdown, currently final target smashed for the second time to confirm bears still in motion.
I will be selling further downside if price breaks this current support zone, could be a complex move cause its my bears last stand.
Initial target smashed but another target found.. 0.40500
Trade using proper risk mgt.
Ripple: Ripple Your Muscles! 💪So far, Ripple has been happily rippling below the resistance line at $1.41608 and has missed to touch at our yellow trading box between $0.50959 and $0.71. However, we still expect it to dive into the box to finish wave in red there. From this low, Ripple should rise up again until the $1.41608 mark, where it should gain power for further increase.
Alternatively, there is still a 35% chance that the price could fall below the trading box and below the support at $0.50959. From there, the next line at $0.34007 as well as lower goals shouldn’t be far.
Ripple- Best place to sell it shortI'm bearish Crypto market, and Ripple is not an exception...
Since the last attempt to conquer the 1usd figure, XrpUsd has dropped around 30% and now is in a slight recovery move.
This corrective rally can give bears the opportunity to open short trades and, in my opinion, the best place for this can be around 0.8 resistance (old support)
Only Ripple above 0.95 would negate this bearish scenario
XRPUSD: Cyclic & Sine Line may show the date of the next top!Hello my friends!
this time I have played with Cyclic Line & Sine Line. And I think a highly interesting result has shown up.
If we put Cyclic Line & Sine Line at the low point in Nov 2015 and the high point in Jan 2018 we get the next low and high points.
The low point Mar 2020 is amazingly hit almost on the day!!! This results in a next high in May 2022.
If the Trend-Based Fib Extension is applied at the same points, there are clear targets at 1,618 (5.71 USD) to 2,618 (9.18 USD). 2.272 is at just under 8 USD. My band used is a Daily 350 MA multiplied by 3.618 and 0.382.
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Let's see what happens.
Happy trading. 😀💯🚀
BTCINVESTING
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My Post from Sep 13, 2019
has forecasted the low point exactly!
XRP 12H Pennant Formation 07/01/2021we can see there is a pennant is getting form in 12H candles after a big accumulation zone break out got retraced
which is a good sign of a heavy move up or rally in to the next resistance,
by Fibonacci projections we have specified a green TP zone after a red resistance zone to which we can target finally after heating our
1 TP at 0.7836
2 TP: 0.9397
please comment your opinions
XRP bullish move in sightAs we can see in the chart, From a weekly perspective xrp is moving within a pennant. We just broke the trendline from the bottom to collect orders from the liquidity zone below, and have now moved back within the pennant and showing bullish price action. The next area of interest is around the $1.15 mark, and once we have a clear break of the pennant, this can indicate further bullish moves.
Ripple- On its way to 0.5 zone?As all the crypto market, XrpUsd has dropped hard and broke under very important 0.86-0.87 support
The corrective rebound of this drop came to confirm this old support as new resistance and now Ripple is looking down again.
Sell rallies against 0.9 can be a good strategy and 0.5 zone support can be the target.
Yesterday's low also can provide some kind of support
XRP - What happened to the market?Xrp broke through the important level of $0.948. But it is important to note that a large volume appeared at the bottom. This is a liquidation signal, liquidation is the fuel for the continuation of the trend.
In case of a false breakout of the levels of 0.948$ or 0.858$, there might be a good buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.