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Ripplelong

Ripple price rejected at $0.5 after a remarkable rally, what nex Ripple hit a barrier at $0.5 but appears to have embraced support at $0.45. XRP/USD path with the least resistance remains upward but most people wait for a confirmed spike above $0.5. The cross-border token broke out during the weekend in a series of engulfing candlesticks. In the course of the trading last week, $0.31 emerged as a critical barrier. XRP/USD was forced to seek balance at $0.28 before resuming the uptrend. Recovery above $0.31 happened in tandem with Ethereum’s breakout above $500 and towards $600 as discussed earlier. XRP impressively shot up, hitting levels just below $0.5. However, buyers lost steam as the momentum slowed down, allowing sellers to rejoin the market. At the time of writing, XRP is teetering at $0.46 following a minor retreat from the recent high. On the downside, $0.45 is coming up as a formidable support area. Closing the day above $0.45 would allow buyers to focus on taking up more positions and creating enough volume for gains above $0.5. The Relative Strength Index is in the overbought area but hints at prevailing stability for the cryptocurrency in the near term. However, traders need to be on the lookout for the direction the RSI takes because forming a lower high pattern would be a bearish signal. A breakdown from the current price level might seek refuge at $0.3, $0.28, the 50 Simple Moving Average, and 100 SMA. On the other hand, hitting levels above $0.5 would help invalidate any bearish tendencies, placing XRP on a trajectory to $1. For now, keeping the price above $0.45 is key to the bulls, since they will have ample time to plan for the spike to $1. Ripple intraday levels Spot rate: $0.46 Relative change: 0.017 Percentage change: 3% Trend: Bullish Volatility: Low
BINANCE:XRPUSDLong
by CoinGape
4
Cointelegraph and Peter Brandt- Both highly uncredibleOkay, so is XRP a security? Peter L Brandt, "trusted crypto expert" seems to think so, let's weigh in on this issue. Bring in the legal precedent, something these globalist billionaire's have never heard of, here's the Howey test (SEC v. W.J Howey Co) 1. Specifically, the Howey Test determines that a transaction represents an investment contract if "a person invests his money in a common enterprise and is led to expect profits solely from the efforts of the promoter or a third party," Okay, when you buy an XRP you are paying 1:1 for current price of the coin with no expectation of it going to any specific price, therefore it's not an investment contract, if the price WERE to pump it would be organic from all the different players in the game purchasing it for the utility. XRP was never sold in a presale, something ETH did that makes it 100% a security, ETH sold a coin that didn't exist ($0 value) to investors who were expecting some sort of monetary value of their coins. XRP has never given dividends of network profits to ANYONE, all fees on the network are specifically BURNED, designed that way for compliance. ETH on the other hand is becoming even more of a SECURITY by paying dividends of network profits to node owners, ETH 2.0 "the security upgrade" XRP is not an ownership or investment contract in Ripple company. And CoinTelegraph, Peter Brandt have the gall to post about "XRP should be a security" on their stupid little news website where nothing can be refuted because there's no comments section. We are supposed to just take whatever these people say like the word of God. BOTH Peter Brandt and CoinTelegraph have LOST all credibility (that is, if they even had any in the first place) And honestly Peter making a fool of himself at like 50 years old, it's just an embarrassment.
POLONIEX:XRPUSDLong
by Leverage1000X
2
XRPUSD Ripple | SWING - 13. Sep. 2020Hello my friend | Welcome Back. Please support this idea with LIKE if you find it useful. *** It may head to the downside if it does not break the 0.23141 support, it may head to the upside and break the downtrend to almost the upside. The target will be at 0.30000. *** Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts. *** The information given is not a Financial Advice. BTCUSD Apple GBPUSD EURUSD XAUUSD AUDUSD
BITFINEX:XRPUSDLong
by Saeed966
16
Technical Analysis: Ripple Blasts Past $0.30 Ripple could retake its third spot in the market especially if gains are contained above $0.30. XRP/USD would seek support at the 12-day SMA, the 21-day SMA and the 61.8% Fibo in the event of a reversal. Ripple price is currently hovering above $0.30 after a significant growth pattern from the weekend lows at $0.26. There was an extreme struggle at $0.29 but the generally up-trending cryptocurrency market made it achievable. In August, XRP spiked above $0.30 severally but failed to hold above $0.3250 (monthly high). This dented the bulls’ morale because containing the gains above $0.30 become a big challenge. The surge above this critical level, comes amid Tether (USDT), expanding market share. This is not the first time XRP is losing its predominantly third position to the largest stablecoin. At the time of writing, data by CoinMarketCap shows USDT’s market capitalization at $13.432 billion. It is marginally higher than that of XRP, currently at $13.430 billion. On the bright side, the ongoing rally has just commenced. Trading above $0.30 is key to the bulls as it is likely to give XRP a boost above the next hurdle at $0.3250. More buyers are likely to join the market as long as XRP proves that it is able to hold above $0.30 short term support. Meanwhile, the technical picture is in support of the bullish trend experienced from the support provided by the 61.8% Fibonacci level of the last swing high at $0.3469 to a swing low of $0.1109. For now, buyers will remain at the helm of the price actions but in case of a reversal below $0.30, the 21-day SMA and the 12-day SMA will come in handy. The MACD and the RSI clearly show that in the short term, bulls will remain in dominance. Ripple Intraday Levels Spot rate: $0.3001 Relative change: 0.00292 Percentage change: 0.96% Trend: Bullish Volatility: Expanding
BITFINEX:XRPUSDLong
by CoinGape
7
XRP/USDT: Approaching Immediate Term Resistance 15m (Jul.29)X Force Global Analysis: If you find our analyses to be helpful, make sure to support us by dropping a ‘like’ In this analysis, we explore XRP's 15 minute chart, identifying key support and resistance zones to determine its probable scenarios. Bullish Evidence - To begin with, it's important to note that just as many other bullish altcoins, XRP is trading within an ascending parallel channel. - It has been creating higher lows and higher highs - The 20 Simple Moving Average (SMA) has formed a golden cross with the 50 SMA, providing strong support for XRP - It has been going through phases of consolidations and breakouts. It recently broke out from a bullish pennant, and is currently consolidating once again - We also see a hammer candle marked by the green circle, indicating strong buy interest near support zones. Bearish Evidence - However, it's important to note that we are trading close to the channel resistance - We are also seeing local resistance at 0.23388 USDT, where the previous high candle had closed - A break and close above these resistance levels are necessary for further bullish movement. What We Believe We believe that it's important for traders to wait for confirmation on XRP's price movements for now. While the bullish momentum is apparent, prices are trading near temporary resistance levels. Let us know what you think in the comment section below Trade Safe.
by XForceGlobal