Ripplelong
XRP Is Very Close To Hit The Key Level Resistance $0.31Taking Bounce From The Support Of Wedge:
On week chart the Ripple is moving in a falling wedge . The formation of this chart pattern was started in Aug 2018 and now after Aug 2018 the price action has hit the support of this wedge in Dec 2019 and with hitting at support of wedge the priceline has also hit the lower band of Bollinger bands and now it is bounced from the support of wedge at this time it has reached at middle of wedge
The Volume Profile Showing More Bullish Trend Continuation:
I have placed volume profile on complete price action of this wedge that is showing that trader's interest is very low at the support of the wedge and high upto $0.49 we have also POC of this volume profile at $0.31.
Oscillators And Indicators Are Turned Strong Bullish:
Previously on week chart the moving average convergence divergence (MACD) was turning bullish by giving weak bearish signals and relative strength index (RSI) was also oversold and stochastic had given bull cross from oversold zone.
Now the stochastic and RSI are still strong bullish and reached almost half the body of stochastic and RSI if this strong trend will be continued then we can see RSI and stochastic visiting over bought zone soon.
The MACD is now turned strong bullish as we can see the histogram is changed green from red and the moving averages of MACD has also given bull cross.
Directions And Momentum Are Shifted To Bulls From Bears And Bearish Zone Is Finally Chopped:
On week chart in directional movement the +DI and –DI has formed bull cross, the momentum is being shifted from bearish to bullish and soon we can witness the green bar in momentum indicator.
The chop zone was strong bearish since July 2019 and finally it has turned weak bearish, when last time in May 2019 it was turned bullish then the XRP surged more than 73%.
Exponential Moving Averages Are Giving Up Trend Signals:
On 4 day chart after hitting $0.51 in Jun 2019 the exponential moving average 10 crossed down the EMA 20 and formed bear cross since then the candle sticks are being closed below these EMAs once in Nov 2019 the candle sticks were likely to close above the EMA 10 and EMA 20 but at that time we did not receive a bull cross between these two EMAs therefore the attempt to close above these EMAs was unsuccessful and price action again pulled down to $0.17600 that is the lowest price since Jan 2018 up till now.
Now finally we have received a bull cross between EMA 10 and EMA 20 on current 4 day candle stick which is started on 6th Feb 2019 this can be the decision maker priceline coz so far the candle stick is not closed and still continue if it will be closed above these EMAs and we will still have bull cross between EMA 10 and 20 then it will be a proper trend reversal signal indicating towards bullish trend.
An Alligator Opened Mouth A Very Strong Bullish Signal:
On daily chart If we see the movement of simple moving averages with time period of 25, 50, 100 and 200 then 25 SMA has crossed up 50 and 100 SMAs and moving up to cross up 200 SMA now and the 50 SMA is also moving up behind the 25 SMA to cross up the 100 SMA and soon it will cross up the 200 SMA as well and this golden cross can produce a very strong bullish wave because golden cross between 50 simple moving average with 200 SMA is one of the most favorite among the professional traders and it attracts them to buy.
Once we have the order of moving averages from down to top as below:
200 SMA then 100 SMA then 50 SMA and then 25 SMA above all
Then a complete alligator’s mouth will be opened then the most powerful rally can be started.
Like when the alligator’s mouth was opened in Jun 2019 it leaded the price upto $0.51 that was around 80% big move.
Ichimoku Cloud:
Upto 2 day chart the ichimoku cloud is giving bullish signals the Lagging span has crossed up the price action and attempting to cross up the cloud, the price action has also crossed up the cloud and conversion line has formed bull cross with base line after these bullish indications we can expect that the bullish trend with be continued.
Moving Towards Key Level Resistance At $0.31:
Now after hitting the support of falling wedge pattern Ripple has surged 63% and now it is very close to the key level resistance of $0.31.
This resistance is very strong as the price action of XRP has tried three times to breakout this level but failed to do so, the 1st attempt was in Sep 2019, second in Oct 2019 and third attempt has been made on Nov 2019.
A Bullish Trend Continuation Pattern Cup & Handle Is Likely To Be Formed:
This time we can expect the breakout from this key level resistance of $0.31 because on day chart a Cup & Handle pattern is likely to be formed.
The wave down and wave up are moved very softly without any hard corners or V shape and forming a proper round shaped body of cup and this is a fact as much the shape of cup will be round shaped as much the pattern will be confirmed now there are strong chances of pull back after hitting the resistance at $0.31 and this pull back will form the handle of this cup then we can see a down channel formation or pennant or bull flag but this pull back can be a temporary bear move coz finally the price action takes bullish divergence from the handle and this bullish divergence always leads the price action to breakout the resistance of cup which is at $0.31.
Conclusion:
This time the Ripple is moving with Bitcoin which is positive on the contrary previous trend of Jun 2019 when the BTC was moving up and Ripple was moving down. There is a pullback expected before any breakout but we shouldn’t be worried coz all indicators are in favor of bullish trend rather than bearish trend. Overall green trend will be continued.
Regards,
Atif Akbar (moon333)
XRPBTC: Further downside before big pump(s) in 2020+This is an update on my prediction from months ago, where I foresaw the XRP developments:
I knew that XRP would not pump in 2019, contrary to many XRP shills who always like to draw their gigantic arrows pointing upwards all the time.
The date for the first XRP pump always was, and still is around April 2020.
This is due to the giant falling wedge forming in XRPBTC, since a long time already.
In the grand scheme of XRPBTC, everything aligns perfectly.
Apri 2020 I by the way also see as the date where BTCUSD will reach 20k again.
So, that is my view and it hasn't changed since months.
XRPUSD is still a strong buy!
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
#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
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