#XRPUSD, Will it finally become an attractive currency again?A lot of the signs are still negative like the fact that the candles are still below the average moving lines 100, 200 and more, even so, we decided to focus on the buy signal.
The Ripple stopped at the resistance line (the yellow line) and responded as expected and currently the Ripple on a support line that could lead to increases.
The red cloud that accompanies the Ripple in the daily graph has come to an end.
The RSI is still only in the 55 areas and this gives us another room for further ups.
Target: $ 0.26
Ripplelong
Ripple XRP/USD breakoutThe mid-week session on January 1 was far from volatile and the XRP token started 2020 without significant price changes. Trading volumes were extremely low as neither bulls nor bears could take over control.
On Thursday, January 2 the ¨ripple¨suffered a heavy drop and corrected its price down to $0.186. The good news for buyers was that these loses were completely erased on the next day, January 3 when the coin gained 3.2 percent and climbed up to $0.192.
Bears tried to intervene once again on Saturday and pushed the price down to the $0.19 line just to be rejected there.
On the last day of the week, the XRP-USD pair moved up to $0.194, still in the middle of the ranging zone.
What we witnessed on the first day of the trading week was more than unexpected as the popular altcoins skyrocketed, breaking all recently discussed short-term support zones.
The target of $0.215 was reached after a solid session during intraday. XRP is 11.8 percent up since this morning European time.
Next target for bulls is $0.23 if $0.215 holds and allows bulls to consolidate there
Trading volumes almost doubled from $1.1 billion in the morning on January 6 to more than $2 billion in the evening.
XRPUSD formed bullish BAT | A good long opportunityPriceline of world's 3rd largest cryptocurrency Ripple (XRP) has formed bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
Lets have a look on the move of price action to see how perfect this pattern is driven:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci and now the price action is moving in potential reversal zone of this bullish BAT and now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg , but if after this bullish divergence the candles sticks will be closed above the 0.786 Fibonacci projection area of A to D leg then it can also lead to the long term bullish move.
As per Fibonacci sequence method we can set our targets as below:
Buy between: $0.19305 to $0.19228
Sell between: $0.19490 to $0.19766
So this very short term 2hr chart would be a good long opportunity for XRP day traders.
Regards,
Atif Akbar (moon333)
The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not an investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic BAT pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.
XRPUSD formed bullish Shark | A good long opportunityPriceline of XRP / Dollar cryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.18946 to 0.18848
Sell between: 0.19066 to 0.19296
Regards,
Atif Akbar (moon333)
XRPBTC Has Formed BAT Pattern And Ready For Upto 38% MovePriceline of Ripple / Bitcoin cryptocurrency has formed bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
Lets have a look on the pattern's move:
After inertial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci and now the price action is moving in potential reversal zone of this BAT pattern now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg , but if after this bullish divergence the candles sticks will be closed above the 0.786 Fibonacci projection then it can also lead to the long term bullish move, so as per Fibonacci sequence method we can set our targets as below:
Buy between: 0.00002668 to 0.00002527
Sell between: 0.00003005 to 0.00003509
Regards,
Atif Akbar (moon333)
Main Ripple XRP Analysis for TodayHi there!
PrimeXBT would like to direct your attention to a technical analysis overview of XRPUSD.
Ripple price is struggling to clear a few key hurdles against the US Dollar, while bitcoin is rallying. XRP price could gain traction once there is a close above $0.20 .
Firstly, XRP will need to move back through to the support line that's a key bullish trend line forming with support near $0.1950 on the hourly chart to hold another uptrend movement at the first major resistance level.
If there is a downside break below $0.1950 and $0.1940 , Ripple's price could move back towards the main support that is near the $0.1900 level, below which the price could move back into the positive zone.
On the upside, there are a few important hurdles forming near the local resistance zone. A successful break above the $0.20 level is needed for the bulls to gain strength. The next major resistances are seen near $0.2140 and $0.23 .
In the near term, the Relative Strength Index on the XRPUSD chart is flashing signs of bearish divergence, and some decline is expected inside a triangle.
Major Support Level: $0.19
Local Resistance Zone: $0.199 - 0.202
Market Cap: $8 484 141 997 USD
Volume (24h): $1 356 747 688 USD
Circulating Supply: 43 319 477 613 XRP
Please, let us know what you think in the comments below.
We hope you have great success with all your next trades.
XRPUSD formed bullish BAT | A good long opportunityPriceline of XRP / Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.19281 to 0.19197
Sell between: 0.19482 to 0.19786
Regards,
Atif Akbar (moon333)
XRPUSD formed bullish Butterfly | Upto 22% bullish move expectedPrice action of XRP / US Dollar has formed a bullish Butterfly and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closed below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.19341 to 0.18229
Sell between: 0.20204 to 0.22299
Regards,
Atif Akbar (moon333)
XRPUSD formed bullish Shark | A good long opportunityPrice action of XRP / US Dollar has formed a bullish Shark and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closed below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.22065 to 0.21907
Sell between: 0.22236 to 0.22581
Regards,
Atif Akbar (moon333)
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
Ripple or Tsunami????All I see is negative sentiment regarding XRP. The moon boys are back slithering under the rocks they came from since XRP dumped under 0.25 cents. The XRP haters are calling XRP dead and going to zero, using any ounce of FUD they can get their hands on to justify this. Meanwhile the RSI fractal continue to play out and we have a strikingly close resemblance to the immediate time before the last serious life changing move (circled in white). The next significant Gann Date is Dec 22 when I expect the move to occur. 15 days following we have the Gann Angle of Jan 5/6 when I think we will reach local top and have a small consolidation before sometime in March and April when we rip again. Best of luck trading, even if you are one of the trading view scumbag slime balls who lurk here lacking testicular fortitude and looking to get rich stealing ideas instead of shutting your mouths and learning something. LMK what you think in the comments below.
Free Hong Kong
#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
XRPUSD forming bullish Cypher | A good long opportunityPriceline of XRP / US Dollar cryptocurrency is forming bullish Cypher pattern and soon it will be entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.27844 to 0.27737
Sell between: 0.27929 to 0.28131
Regards,
Atif Akbar (moon333)
XRP/BTC - Up And Down - From One Target To AnotherRipple hits both targets from our previous post. Now what?
Again is approaching the upper trend line of current pattern rising wedge and it would be crucial to break it through. The price which needs to exceed is at 3740 sats. If don't the pullback is expected.
So, take close attention to this price level. In the case of a breakthrough, the next target is at 3900 sats where is the 200 daily moving average.
Trade safe and don't forget to put a stop loss :-)
P.S. General picture remains bullish.
XRP/BTC - Ripple Approaching To The Main Resistance LevelYesterday we have a nice jump and a price increase of around 5%. Today we're in the retracement and so far everything looks good. But as always we have to watch BTC. Any sudden move of BTC may have an impact on almost all alts.
So let's jump into the chart.
XRP now approaching to the main resistance line which had significant role in the past. Besides this, exactly at this resistance line we have 200 Moving Average. This is around 4000 sats and if XRP would be able to break this price level the price will continue to rise to the first midterm target which you can find on the chart.
Personally I'm expecting some sort of pullback at this price level and from this pullback, it will depend on the further development of the price action. Once we will hit this level I will update you.
SHORT TERM DEVELOPMENT:
Yesterday we have a breakout of the rising wedge to the upside. This is a significant sign and gives XRP more power to grow. But here is a "but". We need to stay above the upper trend line of this pattern, otherwise, the price can drop to the lower line of this pattern. So we have to be very careful in the current situation.
Today we can notice successful testing of this trend line which is at the moment of writing at around 3640 sats.
Be safe and don't forget to put a stop loss.
if you find this idea interesting thank you for all of your likes in advance :-)