Ripplelong
XRP/USDT: Approaching Immediate Term Resistance 15m (Jul.29)X Force Global Analysis:
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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.
XPRUSD with a solid breakout!Ripple breaking out of pennant, Short term PT 0.2364, 0.2750 very possible in around 3 months! Bellow 0.22 this chart gets invalidated.Keep your eyes on it!
Don't miss the great buy opportunity in XRPUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.19). 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 above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 62.
Take Profits:
TP1= @ 0.21
TP2= @ 0.23
TP3= @ 0.25
TP4= @ 0.29
TP5= @ 0.34
SL= Break below S2
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Don't miss the great buy opportunity in XRPUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.19). 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 above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 62.
Take Profits:
TP1= @ 0.21
TP2= @ 0.23
TP3= @ 0.25
TP4= @ 0.29
TP5= @ 0.34
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
🤢🤮 Ripple Has Not Looked Attractive. (XRP)💰 LET'S GET INTO SOME RIPPLE ANALYSIS!💰
1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤
(Overall Market Sentiment) 🐻 Bearish
- 3day Chart
- Red Engulfing Candle
- 3/3 EMA DOTS Red
I displayed the the curve of downward price action as we have been dropping red consistently and have been red the last 3 weeks on ripple. Based off the curve of the overall trend I think this one could get real ugly. Your main Resistance is literally a straight drop.
Best of luck to you and all of your trades this week! 🤜
Drop your charts and comments down below, share with us what you think is going on in the markets! ❤❤❤
Thanks for checking out our analysis! ✌😁✌
🥇MLT | MAJOR LEAGUE TRADER
XRP: Descending Wedge Breakout Analysis 1D (Jun. 12)X Force Global Analysis:
In this analysis, we look at XRP's BTC pair chart on the daily to assess a potential bullish breakout scenario.
Analysis
- The first thing we note is the descending bullish wedge we are trading in
- XRP is consolidating within a descending wedge pattern, looking for a potential breakout
- Moreover, a bullish divergence has also formed, with lower lows on the price, and higher lows on the Relative Strength Index (RSI)
- The Stochastic Oscillator is at oversold territories, looking for a potential golden cross
- While the MACD's bullish histograms are decreasing, it has nonetheless formed a golden cross, and the potential death cross could be negated by a breakout
- However, we are currently trading below the 20 Simple Moving Average (SMA), and a break above that moving average is necessary for bullish confirmation
- Moreover, for the past few weeks, Bitcoin has failed to break and close above the Ichimoku Cloud resistance
- For a breakout to lead to a bullish rally, a break and close above the Ichimoku Cloud is imperative
What We Believe
While XRP has shown weakened momentum and price movement, technicals demonstrate potentiality for a breakout. The Ichimoku Cloud resistance is extremely strong, but a break and close above those levels could lead to a bullish rally.
Trade Safe.
XRP/USD - sell zone On the day timeframe, the triangle fell from (distribution ) downwards.
I plan to trade from the zone 0.208 - 0.21.
Indicators show the shorts in a better position.
Shorts from confirmation. Stop loss can be hidden by the level. Like I drew on the chart.
At the 4 o'clock timeframe, they're drawing a model from the bounce.
A rebound from the fall, or in other words, a correction.
Indicator AO and RSI show growth
Thanks for your support! Push like if you think this is a useful idea!
XRP/USD - Safer purchase after level breakage and fixation.Safer purchase after level breakage and fixation.
But there is less profit and less risk.
It's better to wait for your price. Than running after a steam train.
Indicators are free to rise up.
The key level of $0.20 from it is safe to make a decision.
Yesterday's review added an excellent stop loss take-out.
Push ❤️ if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Write your comments and questions.
Thanks for your support!
XRP Ripple Timei am not in love with Ripple but i checked a bit some Shitcoins and noticed that XRP is in a good mod for a buy and cannot dip so much.
i don't show indicators to keep the chart clear but they are looking good on Daily and Weekly.
So you can Buy now or wait for a BTC dip if u want to cumulate more and this is only about your appreciation.
Buy : 0.19ish or less
First Target
Short Term Sell : 0.248 for safety / 0.255 for greedy
Second Target if we have a clear breakout :
Middle/Long Term Sell : 0.2915ish ( sell before 0.30!)
Happy Tr4Ding !!