XRP healthy trend XRP has dropped to $1.11 and is heading for $1.09 but this is a healthy drop after a rapid rise, I don't see much cause for concern
Ripplelong
XRP BTC pair ready for breakout?Seems XRP is building up several factor's for breaking out upwards.
Currently in a bullflag and in the general picture XRP is really bullish.
Broadening wedge in a falling wedge.
If we would see xrp repeat it's cycle of 2017 we could expect the targets being reached, keeping in mind a BTC value of 85k -100k.
A positive outcome of the lawsuit could see this playing out.
This is not financial advice and for entertainment use only.
XRP is starting to wake upXRP is starting to show its potential, very nice growth and an attempt to break through the level of $1.20 I think this year will still surprise us
XRP quietly goes its own wayXRP has been trying to break through the $1.10 level for a few days and is getting closer, I think it's a matter of days. XRP is currently very resistant to corrections, I think this is a good sign for long term investors
XRP , Crazy Inverse Head And Shoulders pattern! 200% gain ahead hello everyone ,
so as y'all see in this chart , XRP is making inverse head and shoulders one after another one . target zone is shown in the chart and guys we can't trust this pattern until it gets completed . so wait for the right shoulder to get to the neckline , if it broke the neckline and went upper , we will witness a huge pump to our red zone , like the way it did in the last pattern.
if you liked the idea , just give it a like .
and if you wanna see more of these , follow , heck of analysis are on the way !
XRPUSD May be at a turning pointClear trendline
consistent bounces on trendline
consistent bounces on the 200MA
faced now with both a trendline and MA bounce
we shall see if it holds
Ripple Drops 38% From September Highs; Time To Buy The Dip?
Ripple extends the bearish leg to $0.86 but recovers gradually to $0.94.
A confirmed breakout above $0.95 would affirm the bulls’ grip on the price for gains eyeing levels above $1.
Ripple explored the levels below $1 following the bearish wave that started hitting the market on Sunday. The cross-border token had lifted to September highs of $1.4 before a correction trimmed losses. Initially, support between $1 and $1.1 mitigated the impact of the bearish wave.
Nonetheless, the last two days have been highly volatile, with Bitcoin dropping from above $48,000 to nearly $42,000. Meanwhile, XRP plunged to test support at $0.9, but the candlewick hit lowers $0.86 for the first time since August.
Ripple Could Be Preparing An Upswing To $1
The support at $0.9 currently ensures that Ripple does not drop to the following critical demand zone, the red band slightly below $0.8. At the same time, it ensures that buyers have the upper hand as they focus on the rebound to $1.
Ripple is trading at $0.94 at the time of writing amid a bullish building momentum. The Moving Average Convergence Divergence (MACD) emphasizes the bearish grip at the moment. Still, there is a possibility of a buy signal coming into the picture, especially if Ripple gains momentum above $0.95.
It is essential to watch out for the 12-day Exponential Moving Average (SMA) crossing above the 26-day EMA. Moreover, a consistent MACD movement toward the mean line would add credence to the optimistic outlook.
As Ripple recovers, some delay should be anticipated at $1, where some holders will try to break even, dampening the selling pressure. However, the most substantial supply zone is the red band on the four-hour chart. A break above this area could liberate XRP and pave the way for another leg up to $1.2 and later to $1.4.
On the downside, if losses extend below $0.9, Ripple will quickly drop to the green band, whereby bulls will put up a fierce fight, perhaps sending the cross-border token significantly upward.
Ripple Intraday Levels
Spot rate: $0.94
Trend: Bullish
Volatility: Expanding
Support: $0.9 and $0.8
Resistance: $1 and $1.1
XRP Price Prediction: XRP Struggles At $1.1
XRP price struggles to sustain around $1.1 amid bearish calls that risk another drop to $0.92.
The US SEC maintains that the DPP protects its internal documents, and therefore Ripple has no right to request access.
Ripple is dancing around $1 after plunging from a September high of $1.4 and testing support at $0.92. The international money transfer token has not made significant progress since regaining ground above $1. A barrier at $1.14 proves an uphill battle to the bulls, who seem to have resorted to playing defense at $1.1.
XRP Price Downside Not Exhausted
Ripple price did not bottom following the drop to $0.92. Hence, bulls lack the momentum to take on the hurdles at $1.14 and $1.2, respectively. The general technical picture enhances the bearish outlook in the market, implying that XRP could correct further before a formidable recovery comes into the picture.
The Moving Average Convergence Divergence (MACD) indicator displays a bearish signal on the daily chart. The call to sell XRP first appeared on August 24 and was later reinforced on September 6. With the MACD moving into the negative region, Ripple is bound to explore lower levels at $1 and toward $0.92.
Meanwhile, all is not lost for the bulls when the 50-day Simple Moving Average (SMA) is considered. This moving average played a crucial role in halting the declines last week, allowing buyers to retake control. If it remains in place and unbroken, Ripple will have the chance to fight for gains back to $1.4 without having to drop to $0.92 first.
The SEC Deals Ripple A Blow In The Lawsuit
A lawsuit seeking to categorize XRP as a security token continues to drag on in the US courts. Ripple is currently requesting access to internal documents from the Securities and Exchange Commission (SEC) to develop a wholesome defense.
However, in a letter to Judge Sarah Netburn, the SEC claims that all the documents are privileged and protected by the deliberative process privilege (DPP). The letter states in detail:
“Many are also protected by the attorney-client privilege and the work product doctrine. The compelled release of the SEC’s predecisional deliberations relating to digital assets would discourage meaningful deliberation among SEC officials and staff relating to investigations, potential cases, and other regulatory activities taken or under consideration in a field where regulation carries significant consequences for the financial markets.”
The SEC continued:
“The Court should not pierce the SEC’s DPP and other privileges, particularly when the documents are irrelevant to Defendants’ proffered defense,” the agency continued, adding that “piercing the government’s privilege as a litigant over materials prepared in advance of litigation would be extraordinary and inappropriate.”
With the SEC taking a stand against supplying privileged documents, Ripple will likely file a motion to oppose the regulator’s letter on September 28. Nonetheless, Judge Netburn is expected to conduct an in-camera review of the SEC’s internal documents while considering the defendants and the plaintiff’s arguments on the DPP.
Ripple Legal fight is holding the priceHello everyone, as we all know the market action discounts everything :)
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Ripple is trading around the $1.15 area , XRP should have performed better given its development this year. However, The main reason why its doing bad is its prolonged legal battle with the SEC, which caused a lack in media coverage for all his projects development.
The second reason is the continued sale of XRP coins by Jed McCaleb the founded of Ripple and he served as the CTO of the company Ripple until 2013.
In January 2018, it was reported that McCaleb's Ripple token ownership was worth $20 billion,
Different market movement Scenarios for the next period of time :
Scenario 1 :
Ripple is trading at 1.14326 currently, and the Bears seems to be pushing the price down and it will soon hit the first Support line at 1.09812 where the Bulls will battle with the bears over control in hope if pushing the price back up, and if that to happen then the price most likely will be moving up and headed near the first Resistance line at 1.23804 and with a strong push from the bears it could breakout and keep going up to the 1.37796 level.
Scenario 2 :
If the Bulls make a move and take control over the market then we will see the price move to the resistance level at 1.23804 where the Bulls power will be tested by the Bears and they will try to take control over the market which will lead to the price dropping down back to the support zone between 1.00484 and 0.95820, showing that the Bulls are having a very hard time breaking out and holding the price above the 1.25$.
Technical indicators show :
1) The market is below the 5 10 MA and EMA (indicates short-term Bearish movement) but still above the 20 50 100 200 MA and EMA (indicates a Bullish state in the market for the long-term )
2) The ADX is at 38.79 showing that the market is trending with a positive crossover between DI+ (21.60) and DI- (16.42) (Bullish sign)
3) The RSI is at 55.84 giving us a buy signal, and it will probably be headed to the overbought zone soon.
Support & Resistance points :
support Resistance
1) 1.09812 1) 1.23804
2) 1.00484 2) 1.28468
3) 0.95820 3) 1.37796
Fundamental point of view :
Since the launch of XRP, Ripple has been an innovative company. The project has always looked for ways to stay ahead of every competition. For example, XRP partnered with MoneyGram allowing MoneyGram to use Ripple’s solution for decision-making.
This year, Ripple has been on several partnerships improving its Asian dominance, especially the Japanese remittance deal. In addition, Ripple plans to add a smart contract feature to XRPL.
Smart contracts are essential for blockchains and their addition to the XRP Ledger is a step in the right direction for the company. The company has also revealed plans to go public after the conclusion of the lawsuit with the SEC. According to Dailycoin.
This is my personal opinion done with technical analysis of the market price and research online from fundamental analysts and news for The Fundamental point of view, not financial advice.
If you have any questions please ask and have a great day !!
XRPUSDT: take advantage of the pullback and buy the dip -> LONG At the time of writing XRP price is ranging in $1.07-1.11 area, a decrease of -11% in the last 24h.
After reaching previous LONG targets in fact, the asset couldn't break the resistance at $1.32 level, therefore it is now suffering a pullback. Historical data show us how whenever the price found strong resistance, a rapid pullback occurred up to 100 daily EMA level (orange line in the graph), for later bouncing up again.
This can be a good entry opportunity for long position.
On daily chart RSI shows how the currency lost its momentum and it is currently finding its support at 62 level, while on 4h it is at 37. Being close to oversold conditions, this can result in a short term bounce but the overall condition is still bearish. MACD support this hypothesis as on 4h timeframe it crossed below the trendline, while on daily even if still above, it is approaching a downtrend momentum.
For these reasons I expect the price to drop in $0.84 - $0.87 area, with 100EMA acting as a support as shown by historical data. As I don't expect the price to go below these levels this is the entry point for LONG position.
Stop loss should be put above the 200EMA as whenever this level was broken, huge downtrend happened.
Targets can be spot in the chart.
XRP too 1.45Since the 11th of Aug. we've been on the massive Uptrend & haven't slowed down yet. We have had some Wedge patterns develop which we have continued moving up, we have just now broke through the top of another wedge as well.
If you take a look at the RSI there has been a Triple Bottom created over the past 7 days which also indicates we may continue too see this Uptrend send us too $1.45 moving through the week.
If we do break this trend we may fall to $1.10 which would be a solid entry point to average down.
XRPUSDIt seems we need to reconsider our beliefs a bit.
According to the charts, the first target in XRP is probably the range of $ 3 as the previous ceiling in 2018.
After that, there is a possibility of correction up to $ 2.
And then it prepares for the second goal in the next 7 months, the $ 5 range.
The XRP rate is expected to be above $ 10 in 2022.
📈 RIPPLE GO LONG UP! 😍My personal analysis and opinion about the ripple rise is positive. XRP had created a double bottom in 1h time frame and it may reach "1.8" resistance and break it. In total, breaking out or not the resistance of 48,200 bitcoins can also be effective. 👌❤️
XRP Price Explodes To $1 As Altcoins Surge
XRP price extends the bullish leg, stepping above $1 for the first time since May.
Ripple’s ongoing breakout seems unstoppable, especially if bulls hold firmly to $1.
Ripple has been one of the best-performing cryptocurrencies in almost three weeks. The international money transfer token currently trades 96% higher than the low in May and July. Support at $0.5 played a critical role in ensuring that losses did not explore levels toward $0.4 and $0.3, a move that may have paralyzed the bulls entirely.
Subsequently, the persistent push from the bulls guaranteed that investor interest was sustained. Hence the massive buying pressure behind Ripple. Several barriers have been shattered so far, including the 200 Simple Moving Average (SMA), $0.8, and the three-month descending trend line.
The latest boost being a break above the barrier at $1. At the time of writing, Ripple is teetering at $1.03 while bulls gaze at the short-term hurdle at $1.1. Trading above this level will elevate XRP to $1.2, thus paving the way for another run-up to $1.4.
XRP Price Still In The Bulls’ Hands
The short-term technical picture on the daily chart is highly bullish. Note that the Moving Average Convergence Divergence (MACD) extended the bullish outlook above the mean line. Moreover, a buy signal presented in July reinforces the bullish grip on the price. As long as the MACD keeps rising, we expect Ripple’s up-trending market to remain intact.
Similarly, the SuperTrend indicator recently sent a signal for traders to consider buying XRP. This technical index follows the trend of an asset like a moving average but incorporates the average true range (ATR) in its calculations, thus gauging market volatility.
The buy or sell signals presented by the SuperTrend are supposed to help traders identify the long-term trend of an asset and mark entry and exit positions. With the buy signal in place, Ripple has the potential to keep rising in the near term. Hence, support above $1 and perhaps a break past $1.1 will bolster the token significantly toward $1.6.
Ripple Intraday Levels
Spot rate: $1.03
Trend: Bullish
Volatility: Low
Resistance: $1.1 and $1.2
Support: $1 and $0.8
Ripple- New leg up soonAfter the double bottom in the 0.5 area, XrpUsd has broken the neckline of the pattern and for more than a week now is slightly correcting and consolidating.
The pair looks ready for a new leg up and 0.9 could be the target.
XRP Crumbles From July Highs, Risks Exploring Levels Under $0.7
XRP price failed to extend the bullish leg to $0.8 following the gains on the weekend.
Ripple hunts for support at the 50 SMA to avert losses under $0.7.
The MACD and the RSI reinforce the bearish outlook, leaving XRP vulnerable to losses.
Ripple price has continued with an upward roll started after July’s worst selloff that saw it plummet to $0.52. The international money transfer token seems to have restored investor interest, especially with the launch of the On-Demand Liquidity (ODL) remittance corridor between Japan and the Philippines.
The payments corridor tapping into Ripple’s flagship blockchain service is significant because of the nearly $2 billion a year remittance market between the two companies. Following this news, XRP made hastes stepping above $0.7. The bullish leg stretched toward $0.8 over the weekend but stalled around $0.78 on some exchanges like Bitfinex.
XRP Price Engages Reverse Gears At Full Throttle
Ripple is trading at $0.72 in the wake of rejection from $0.78. Since the recovery began last month, the price action shaped in an ascending parallel pattern. The channel’s upper edge contributed to the overhead pressure, cutting short XRP’s bid for $0.8 and $1.
Besides, a break under the middle boundary appears to have put bears completely in control. Hence, Ripple needs to hold the support at the 50 Simple Moving Average (SMA) and the channel’s lower boundary. This will ensure that losses do not stretch to $0.7 and explore levels further down.
It is worth mentioning that the short-term technical picture is mainly bearish, starting with the Moving Average Convergence Divergence (MACD). A sell signal from this trend-following tool appeared when the 12-day EMA crossed below the 26-day EMA. Note that the odds for a bearish outlook soar as the MACD moves closer to the mean line.
The Relative Strength Index (RSI) adds credibility to the bearish narrative, especially with the ongoing retreat from the oversold region. Sellers will get more aggressive if the RSI confirms movement below the midline and closes the gap to the oversold area.
Ripple Price Intraday Levels
Spot rate: $0.722
Trend: Bearish
Volatility: Expanding
Support: The 50 SMA and $0.7
Resistance: $0.75 and $0.78
XRP Wacky Trendlines - ~$30Target set at $30 in the long term for XRPUSD
These are just some of the trendlines that can be drawn from the chart
This is very much so a repost but I feel I had to add a target
Enjoy !
Here is the original post
I am long XRP/Ripple
Using the Fib Wedge tool XRPUSD The wedge tool can be demonstrated here
XRP can be seen in 2014 (the early days) pumping periodically throughout fib ranges
When finished it led to a massive breakout.
Now the current rising broadening wedge can be seen to be pumping in the same periodic matter
Is this a sign of a large bull move coming? maybe.
The only difference is this time the wedge is expanding as price is rising.
While before the price was falling as the wedge was tightening.
This is makes the situations kind of equal in a way.
In green circles (flag emoji) very similar price action can be seen.
Below is a clearer version of the current ascending wedge on XRP
Tuesday: Ripple - Week 28Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
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RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
Monday: Ripple - Week 28Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
-----------------------------------------------------------------------------------------------------------------------
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SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
Friday: Ripple - Week 27Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
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SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
XRP Observation XRPUSDUsing the Fibonacci Wedge tool I noticed this repeating pattern of a flag (yellow) sharp rise (green) and then a prompt decline (red)
Not too sure about the relation to the Fib levels within the wedge (if I have drawn it right) but they all seem to dump along a Fib line
I am long ripple/xrp
XRP rejected from $0.72 amid multiple sell signals
Ripple price gained ground to settle briefly above $0.7 but hit a barrier under $0.72.
Losing support at $0.7 opened the Pandora box as a correction to $0.64 becomes apparent.
Ripple price was able to break the resistance at $0.7 on Tuesday. This move allowed bulls to stretch the up leg to $0.72. However, the seller congestion at the 200 Simple Moving Average (SMA) on the two-hour chart stopped the bullish action.
In the meantime, XRP trades at $0.68 after losing support at $0.7. If the ground above $0.7 is not reclaimed soon, losses will likely extend toward $0.64. At the moment, the path with the slightest hurdles seems downward, as observed from the short-term technical picture.
Why could Ripple price declines soar in the near term?
Ripple’s short-term technical picture is flipping massively bullish, according to the two-hour chart. Applied technical tools such as the Moving Average Convergence Divergence (MACD) are about to send a bearish signal. The indicator follows the trend of an asset and measures its momentum.
When the MACD line (blue) crosses below the signal line, it is a call to sell, as observed on Ripple’s chart. Moreover, traders watch out for the MACD crossing under the zero line into the negative territory to validate the downtrend.
As the bearish momentum gains power, the Relative Strength Index (RSI) shows that bearish aggression intensifies. Unlike the MACD, the RSI follows the trend of an asset and calculates its strength. A sharp drop from the oversold area suggests that sellers are entirely in control. Breaking below the midline and toward the oversold region would cement the bears’ influence in the market before the bulls turn the trend around.
On the other hand, a golden cross pattern has occurred with the 50 SMA crossing above the 100 SMA. The pattern infers that the uptrend is still intact despite the correction, and Ripple price will likely secure higher support, leading to its resumption.
Ripple intraday levels
Spot rate: $0.68
Trend: Bearish
Volatility: High
Support: $0.64 and $0.58
Resistance: The 200 SMA
