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Ripplelong

RIPPLE (XRPUSD) LONG $1.9 Quick analysis on RIPPLE (XRPUSD) using both wave theory, Fibonacci analysis : Wave theory Analysis: 1) XRP had a nice IMPULSE run-up from Apr 4th to Apr 13th going from $0.58 to $1.96 as shown in my 5 point wave in the diagram above 2) After a good impulse phase comes the CORRECTION phase, markets usually stay two-thirds of the time in a correction phase 3) Looks like the correction is a ZIG-ZAG correction look at my wave A-B-C where Wave A touched FIB 61.8% and Wave B is a symmetrical triangle with a nice (3-3-3-3-3) pattern 4) Corrective wave C came down to FIB 78.6% i.e. $0.9 5) The next 5 series impulse wave started as indicated in blue wave line, it also broke the downward channel at $1.1 and started to climb up to $1.4 and hit resistance 6) I believe waves 1,2,3 are done and the resistance is hit at $1.4 6) Once this resistance is made as support and UPON confirmation it's going to go on the next impulse wave 5 to $1.9 target price Summary : ------------- 1) Looks like the bulls/buyers took control 2) Resistance level in the yellow box is being tested at present 3) Upon confirmation, the resistance is turned into support and goes up in the next impulse leg to the price target Happy trading, feedback is always appreciated
BITFINEX:XRPUSDLong
by JAN360
IS RIPPLE ABLE TO BREAKOUT ITS DOWNTREND?Greeting from IRAN to whole trading community ✔💙 Ripple has experienced 3 PUMPS is less than 2 weeks , then it started reteracement downtrend (Red dotted line) Ripple has broken its major support level and price has dropped lower than 1.5$ Then we saw some support reactions on the next support level at 1.2$ Price came back to its previous level 1.5$ And now its on a critical spot , Junction of dynamic resistance (trend line) and static resistance If price could break 1.5$ level , it would be a great long opportunity So keep eye on Ripple and wish you best ✌ OP : 1.51$ TP : 1.9$ SL : 1.3$ KEEP IT SIMPLE :)
by nima-mohammadkhani
14
XRP commences bullish comeback toward $2 Ripple resumes uptrend as bulls shift their focus from defense to hitting highs above $2. The MACD and other short-term technical levels hint at the uptrend catching momentum. XRP must hold the price above $1.4 to sustain the price action heading to $2. Ripple trades at $1.41 following a 10% gain in 24 hours. The cross-border token has consistently rebounded from the support at $1.12. Earlier this week, XRP was rejected marginally above $1.5. Therefore, this is a second attempt to break the barriers toward $2. Ripple’s technical breakout builds momentum The four-hour chart has brought into light a descending parallel channel. The pattern has controlled the downward price action since the rejection ranges close to $2. The channel’s lower boundary support played a crucial role in stopping losses from extending under $1. Moreover, Ripple held onto the middle boundary, as discussed on Tuesday. The support allowed buyers to concentrate on lifting above the upper boundary resistance. In the meantime, Ripple has crossed above the channel’s hurdle as well as the 100 Simple Moving Average (SMA). On the upside, Ripple bulls have a task to sustain the uptrend above $1.4 and to close the day above the 50 SMA resistance. Here, more buyers would be called into the market as speculation builds for an upswing beyond $2. Other technical indicators such as the Moving Average Convergence Divergence (MACD) reinforce the bullish comeback by recovering the ground toward the mean line (0.00). Crossing into the positive region will be a powerful bullish signal. The MACD line has already crossed above the signal line, adding credence to the narrative. Ripple intraday levels Spot rate: $1.41 Trend: Bullish Volatility: Low Support: $1.4 and $1.12 Resistance: $1.5 and $1.6
BITFINEX:XRPUSDLong
by CoinGape
2
XRP/BTC, Ripple/Bitcoin - WOW🔥Strong potential pairPrice is near a super-strong key level. It will be good if the price will be in a long range near the level for a fast and big increase. Potential more than 300%. I'm keeping my attention Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
Long
by Yuriy_Bishko
19
XRP eyes $2 if this crucial support remains unshaken Ripple defends crucial technical support as bulls resume the uptrend above $1.4. Price action remains lethargic, but buyers target sending XRP toward $2. Ripple corrected from the recent yearly high at $1.5 but embraced $1.3. Holding onto this support played a key role in ensuring that XRP resumes the uptrend. Otherwise, the bearish outlook pointed toward a drop to $1.12 or $1. Meanwhile, the cross-border cryptocurrency must defend the critical short-term technical pattern to secure the uptrend toward $2. Ripple bulls could emerge triumphant Ripple dances within an ascending parallel pattern, as observed on the four-hour chart. The middle boundary layer provides immediate support. Holding above this vital anchor ensures that XRP remains in the upward trajectory. The bulls appear to be facing resistance toward $2. The rebound from $1.3 failed to overcome the resistance at $1.8. A break past $1.5 will likely trigger massive buy orders toward $2 as speculation mounts within the XRP community. The least resistance path is undetermined at the time of writing. The Moving Average Convergence Divergence (MACD) indicator currently moves sideways within the positive region. The MACD line (blue) maintains the position marginally under the signal line. Crossing above the signal line would send a bullish signal as buyers stream in to take advantage of the breakout to $2. It is worth mentioning that closing the day under the channel’s middle support is bound to trigger significant losses. Support at $1.2 may be tested, but if the price cracks the anchor at the channel’s lower edge, the gravitational force that comes into the picture may extend the bearish leg to $1. Ripple intraday levels Spot rate: $1.43 Trend: Sideways Volatility: High Support: $1.4 and $1.2 Resistance: $1.48 and $1.5
BITFINEX:XRPUSDLong
by CoinGape
Ripple (XRP) - what to do? 2️⃣ scenariosAs we can see, XRP broke the trend line. There are 2 scenarios of movement. Firstly, we will continue dropping to 0.7783 level ( it's high of December 2020) and bounce from this level. Secondly, we'll start to create a range near to 1.05 level for further growth. Keeping a close eye on the situation. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
by Yuriy_Bishko
30
Ripple bulls focus on settling above $1 The flagship cross-border token hit a multi-year high at $1.1. The trend is in the bull's hands despite the hunt for higher support. A correction under $1 would trigger declines likely to test $0.8 and $0.6. Ripple has been like Usain Bolt on steroids over the last few days. The cross-border token had significantly suffered following the lawsuit filed against Ripple Labs and its top executives in December. The Securities and Exchange Commission (SEC) alleges that the blockchain company sold unregistered securities to investors and stayed away from regulation for nearly eight years. Although the lawsuit is still ongoing, there is reasonable progress to believe that Ripple Labs will be cleared while XRP is allowed to operate as a whole cryptocurrency. Meanwhile, investors took action into their hands during the Easter holiday to incredibly pump the token's price. Ripple rose above several key resistance zones, including $0.6, $0.65, $0.75 and the critical $1. The bullish leg did not stop there but took advantage of the tail force to achieve a three-year high of $1.1. At the time of writing, Ripple is teetering at $1.05 amid a corrective move from the multi-year high. The primary goal is to secure higher support, preferably above $1. Note that the Moving Average Convergence Divergence (MACD) indicator shows buyers are in control. The wide gap made by the MACD line (blue) above the signal line confirms the bullish outlook. It is worth noting that XRP may correct under $1, marking the dumping period's beginning. If support at $0.8 fails to hold, Ripple will seek refuge at $0.6. The 50 Simple Moving Average (SMA), the 100 SMA and the 200 SMA are in line to prevent losses as far as $0.4. Ripple intraday levels Spot rate: $1.05 Trend: Bearish Volatility: Low Support: $1, $0.8 and $0.6 Resistance: $1.1
BITFINEX:XRPUSDLong
by CoinGape
XRP - a good squeeze before the growthThe situation on Ripple: Continued accumulation in the range. I expect a continuation of the squeeze, a breakout, and a big rise. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
Long
by Yuriy_Bishko
25
XRP bullish comeback meets acute resistance, delaying recovery Ripple faces resistance at the descending trendline and $0.6. Declines may come into the picture if the 50 SMA support in the 4-hour chart breaks. Ripple struggles to hold above the short-term support at $0.55 following a failed attempt to touch $0.6. A descending trendline has capped the immediate upside on the 4-hour chart. XRP is doddering at $0.56 at the time of writing. The bearish momentum appears to be building while declines beckon toward $0.5. Note that the 50 Simple Moving Average (SMA) is in line to offer support and prevent losses eyeing $0.5 and $0.45, respectively. In the meantime, the Moving Average Convergence Divergence (MACD) shows a consolidation move could take precedence in the near term. The MACD is horizontal within the positive region, hence the bullish inclination. Ripple will remain in the no-trade zone if technical levels remain unchanged. On the upside, a break above the descending trendline would see bulls shift the focus to $0.6. Similarly, the price action above this level could be massive due to speculation bound to rise. Recently, XRP tested the seller congestion at $0.65, which, if broken, may elevate the cross-border token toward $0.75. On the downside, losses will extend to the support highlighted by the 100 SMA at $0.5 but may stretch to $0.45. It is essential to wait for a confirmed breakout or breakout before increase or decreasing your XRP position. In other words, trades must be aware of the ongoing sideways trading. Ripple intraday levels Spot rate: $0.56 Trend: Sideways trading Volatility: Low Support: 50 SMA on the 4-hour chart, $0.5 and $0.45 Resistance: $0.6 and $0.65
BITFINEX:XRPUSD
by CoinGape
XRP explodes toward $0.6, leading crypto market recovery Ripple heads back to $0.6 upon finding support at $0.4. The resistance at $0.54 must come down to validate the upswing to $0.6. Losses under $0.5 may revisit the support at $0.4 and perhaps extend to $0.35. Ripple and THETA are the best performing cryptocurrencies in the top ten list. As discussed, THETA has rallied more than 32% in the last 24 hours but seems to have hit a wall at $14. On the other hand, XRP is up nearly 12% to exchange hands at $0.53. The recovery commenced in the wake of the mid-week losses from highs around $0.6 to the support at $0.4. Price action above the 200 Simple Moving Average (SMA) and the 100 SMA on the 4-hour chart confirmed to the investors that the path least resistance path is north. Consequently, the bullish grip strengthened when XRP stepped above the 50 SMA on the same 4-hour chart. A real break past $0.5 has opened the door for gains targeting $0.6. Meanwhile, the Moving Average Convergence Divergence has a bullish impulse. It also about to present a call to buy the dip as speculation mounts for the cross-border cryptocurrency to lift above $0.6. Massive gains are expected to come into play when the MACD line (blue) crosses above the signal line. Besides, bulls will have cemented their presence in the market if the indicator enters the positive region. Ripple has stepped above the 61.8% Fibonacci level resistance. However, the token is not out of the woods until higher support is established, preferably above $0.54. On the flip side, the former resistance between $0.5 and $0.52 must transform into formidable support to prevent losses from extending into the $0.4 range. Note that another dip toward $0.4 could pave the way for losses as far as $0.35 and $0.3, respectively. Ripple intraday levels Spot rate: $0.53 Trend: Bullish Volatility: Low Key support: $0.5 - $0.52 Key resistance: $0.54 and $0.6
BITFINEX:XRPUSDLong
by CoinGape
4