Ripple: Trellis🌿As springtime has already begun, many people start preparing their gardens and balconies for the new season. We, too, have put a trellis in place, which our Ripple-vine can use to thrive and prosper. Accordingly, it should soon climb above the resistance at $1.01642, aiming for new highs above the next mark at $1.41608. However, if Ripple falls below the support at $0.6229, this could increase the probability of our alternative scenario. So far, there is a 40% chance that Ripple could drop below $0.50959 and further below $0.34007 from there.
Rippleprice
XRP Ripple: Lots of ResistanceHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Ripple (XRPUSD).
Ripple price seems to be approaching multiple resistance lines. Keep an eye on the 0.618 Fibonacci Retracement level if price comes back down.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
XRP Ripple: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Ripple (XRP).
The chart is self-explanatory. Keep a close eye on the 0.786 Fibonacci Retracement level which is near the edge of the red Ichimoku Cloud. This may come in sync with the RSI getting to the Support and Resistance Line.
Shown in the chart: Trend line, Support and Resistance Trend Line, Relative Strength Index, MACD, Bollinger Bands, Money Flow Index, Fibonacci Retracement, EMA Ribbons, Simple Moving Average, Ichimoku Cloud, and Volume.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
Ripple: Ripple Your Muscles! 💪So far, Ripple has been happily rippling below the resistance line at $1.41608 and has missed to touch at our yellow trading box between $0.50959 and $0.71. However, we still expect it to dive into the box to finish wave in red there. From this low, Ripple should rise up again until the $1.41608 mark, where it should gain power for further increase.
Alternatively, there is still a 35% chance that the price could fall below the trading box and below the support at $0.50959. From there, the next line at $0.34007 as well as lower goals shouldn’t be far.
Ripple Price Forecast: XRP/USD Pivotal At $0.30
Ripple price stares into consolidation based on the sideways trending MACD.
XRP/USD could soon spike past $0.35 following a tentative symmetrical triangle breakout.
Ripple hit a monthly high at $0.3278 during the weekend session. The magnificent rally was then followed by a reversal that tested $0.24. Since then, effort and attention have been channeled towards not only bringing down the resistance at $0.30 but also sustain gains towards $0.40 and $0.55 respectively.
At the time of writing, XRP is trading at $0.3005. The immediate upside is limited by the 100 Simple Moving Average (SMA) at $0.3009. The shorter-term 50 SMA ($0.3031) is also in line to hinder growth above $0.30.
On the downside, immediate support is expected but not guaranteed at $0.30. Note that, the price is likely to remain pivotal at this same level in the current and even the upcoming European session.
Technically, sideways trading is likely to take place based on the horizontally trending Moving Average Convergence Divergence. As long as the indicator remains stable at the midline, XRP/USD would favor consolidation. Moreover, the MACD can be used as a signal for the direction the price would take after the consolidation.
On the other hand, the Relative Strength Index (RSI) shows that buyers are likely to lose traction in the coming sessions. The RSI is trending downwards under the midline (50). Continued downward action is likely to encourage more sellers to join the market, forcing XRP through expected support areas at $0.30, $0.28 and $0.24.
On the bright side, the formation of a symmetrical triangle pattern suggests a breakout is around the corner. And if followed through, it could result in massive gains above $0.3278 and shift the target to $0.35 and $0.40 respectively.
Ripple Intraday Levels
Spot rate: $0.3005
Relative change: -0.0027
Percentage change: -0.92
Trend: Bearish biased
Volatility: Low
XRP Price Analysis - $0.28 Support Failed
Relative Strength Index: The RSI is currently at a healthy 45 points. It has stayed mostly within range the past week meaning that the same trend will most likely continue. Even through the RSI is healthy, the market still seems to be on a downward trajectory.
Bollinger Bands: The price is currently within the bollinger bands after crossing below the lower band a few hours earlier. We have been seeing the price continue to gravitate toward the lower band since it has been on a bearish move ever since peaking at $0.32.
Volume: It looks like the volume is starting to pickup compared to what it was last week. Moreover, with the new week ahead of us we should expect an increase in volume in the next 24-48 hours.
Ripple's XRP Price Prediction
The RSI is healthy, the price is within the BB range and volume is low. This usually means that the market will continue to trade sideways. However, if we look at the big picture and take into account current events, we can see the market is definitely in a bearish phase. Moreover, XRP was unable to hold the $0.28 support level and is currently looking for a new level.
In my yesterday's XRP price prediction, I predicted that:
"the most likely scenario is more bearish momentum in the coming days. XRP has massive support at the $0.26 level, so my prediction is that XRP will touch that point sometime next week, and depending on any more news regarding the SEC lawsuit XRP will either rebound upwards or continue trading at that support level."
It looks like this is exactly what's happening as XRP will most likely test the $0.26 support sooner than I expected. My prediction for today is that XRP will touch the $0.26 level and bounce up to $0.27 or $0.28 from there. The SEC lawsuit is sure to bring bearish pressure, but at the end of the day their lawsuit doesn't have effect on the tech behind XRP, which is what gives the currency most of its value.
Read Full XRP Price Analysis : The Merkle Hash
XRP Price Analysis - SEC Lawsuit Creates Bearish PressureRelative Strength Index: The RSI is currently at a healthy 41 points. This means the market is neither overbought or oversold, meaning most likely XRP will continue trading sideways for the next day.
Bollinger Bands: The price is within the bands' range, however it's below the MA which means that there is slight room for upwards correction.
Volume: There is a good amount of volume, even for the weekend which is surprising. This means that the market has enough power to make some moves in either direction.
XRP Price Prediction
Both the RSI and Bollinger Bands are signalling a sideways market. However, the volume tells us that movement in either direction is not unlikely. Combine the above signals with the bearish news about the XRP lawsuit and the most likely scenario is more bearish momentum in the coming days. XRP has massive support at the $0.26 level, so my prediction is that XRP will touch that point sometime next week, and depending on any more news regarding the SEC lawsuit XRP will either rebound upwards or continue trading at that support level. I don't see XRP dipping below $0.26 unless the SEC decides it's a Security.
Read Full Analysis : themerkle.com
Ripple’s Value Analysis: The Crypto is Showing Bullish SurgeThe cryptocurrency market is experiencing ups and downs this week. Some of the currencies have experienced the bullish surge, but the market has again under the slight correction. The top ten currencies are under bearish pressure. Ripple (XRP) has shown some nice movements in this week and the value of the Ripple wasn’t doing anything good in the start.
Five days ago the currency was trading at the value of $0.25173 at 06:00 UTC and the value of the currency increased by 6.70% on the same day. After the increase, the value was trading at $0.26858 at 22:30 UTC. On 16th August, the value of Ripple decrease a little around 4.88% and started trading at the value of $0.25548 at 05:40 UTC. After two days the XRP values rise tremendously around 14.03% and it was trading at the value of $0.29133 at 17:00 UTC.
Current Status of Ripple’s Value: The currency is currently decreasing by -2.85% and it is trading at the value of $0.275968. The market capitalization of the currency is $11,836,474,844 and the 24-hour volume of the $1,132,455,176. The circulating supply of the currency is 42,890,708,341 XRP and the ROI of the currency is 4,598.26%.
XRP Price Prediction and Conclusion: The currency is under bearish exchange and it is the signal for the buyers are to purchase the currency. The new associations and announcements are being made so it might help the value to increase. This time is the right time to purchase new XRP coins and the main resistances of the Ripple value are $0.288804, $0.294281 and $0.29947 and the main support levels of the Ripple value are $0.278138, $0.272949 and $0.267472. The pivot value of the XRP is $0.283615. The experts are predicting that the value of the Ripple might achieve the value of $0.50.
RIPPLE (XRP/USD) - Breakout Confirmed = BUYThe Ripple price has made a breakout and it got confirmed after a Daily candle close inside the green area:
1. Break above the light blue trendline since April 2018
2. Break above the triangle - which is also a short-term counter trendline.
3. Break above the previously worked resistance level - orange price zone.
4. Plus, we have a Golden Cross between 100 & 200 EMA's on the Daily timeframe! It should give a bit more momentum from buyers.
If today's candle stays like it is right now then we should have a pretty nice breakout setup - breakout and buy after the retest. At the moment, the retest has been pretty clean and currently, there is the needed rejection. So, technically it should be ready to climb into the higher levels.
To be more secure, then wait for today's candle close and if it stays as it is right now or on higher levels, then this trade is valid.
"Do the best you can to pay yourself at reasonable profit levels when the market makes the money available."
– Mark Douglas
Do your own research and if this matching with mine then you are ready to go!
Please, take a second and support my idea post by hitting the "LIKE" button, it is my only fee from You!
Best regards,
Vaido
RIPPLE (XRP/USD) - Confirmation Area For Further Growth!Ripple has a pretty clean and simple confirmation area for further growth, it stays between $0.465 - $0,481 and the upwards move gets confirmed after a Daily candle close inside the green area, a Daily candle close is needed!
After the needed confirmation:
-- Then we have a breakout above the historical trendline (light blue). The trendline is pulled from April 2018 wick to wick and the second touch has been on September 2018. It is interesting that we have still some historical down-trendline on XRP chart, BTC has left those behind for a while ago! So, a breakout above the last down-trendline can easily release some bullish momentum.
-- Then the price has managed to break above the light orange area. This area is the strong resistance zone where it has multiple rejections downwards. Breakout will be a confirmation that in the future, this level starts to work as a support and the price has reached above of it.
-- Then we have a breakout above the counter trendline. This black trendline from the current top is a slight down-trendline which is also a counter trendline for mid-term trend.
If the Daily candle gets a close inside the green area then we have a breakout from those pretty bullish criteria. If the breakout occurs as soon as possible then currently, we have a really nice breakout confirmation for further growth - EMA 100 & 200 Golden Cross on the Daily timeframe ! The Golden Cross is a great confirmation for further growth IF the breakout has occurred and confirmed!
Golden Cross:
As said, the breakout confirmation area is pretty simple and clean, why? Because the resistance around $0,45 is heavy as hell!
Can't give the SELL signal inside the orange area, around the trendlines crossing area but we might get it if the BTC reaches into the $9,500 - $10,000 and it shows some bearish signs inside of that range, definitely if this happens I make an update!
Do your own research and if this matching with mine then you are ready to go!
Please, take a second and support my idea post by hitting the "LIKE" button, it is my only fee from You!
Best regards,
Vaido
RIPPLE (XRP) - Several Trading Opportunities!Ripple has made an important breakout. The trendline since 10. May has broken on 4. June. It could be a sign that the current bull run, which has happened after the XRP Coinbase listing, starting to become over.
The price action and some certain levels offer us several trading opportunities. There are reversal trades, there are breakout trade possibilities but enough for this small talk let's jump into the action!
REVERSAL TRADES
1. A new Lower High around $0.44
This movement matching almost exactly with the Bitcoin movements. The black area around $0.44 is a pretty solid resistance which consists of several criteria:
- Descending Channel upper trendline should work as a resistance
- The black trendline which worked previously as a support level becomes now resistance, a classical retest situation after the breakout
- The Fibonacci golden ratio - 62% retracement level, it is perfectly on the crossing area inside the black box.
- Let's count this $0,44000... as a round number, ok semi-round number because $0.400.., $0,500... works usually better than those.
Pretty nice area where it might do a new Lower High (LH). Sure, it depends on the BTC, if BTC finds resistance from $8,200 then you can be almost sure that XRP finds it at $0.44
2. A new Lower High around $0.36
The correction may guide us into another reversal area which should stay around $0.36. The criteria are:
- Previously worked support level
- The Fibonacci golden ratio - 62% retracement level
- The Fibonacci Extension 127%
- Descending Channel bottom trendline should act as a support level
- Daily EMA 100 & 200, they are BOTH inside the gray box and they should work as supporters.
So, another pretty good area where you should look at least for a short-term bounce!
BREAKOUT TRADE
Currently, there is only one, if the time goes by then I will make another idea post or an update but currently, there is one breakout trade possibility. It stays pretty high but it is what it is.
I can't put this green breakout confirmation area lower because of the trendline which is pulled from wicks and the starting point is from 18. April 2018.
If the price makes a breakout from the Descending Channel, which could be easily a Bull Flag, then the take profit area should stay just before the dotted trendline and the area between those is so tiny, then there is no point to do that.
I don't think this gonna happen in near future but just in case, the full bullish breakout confirmation should come after the 4H candle close above the black dotted trendline!
SUMMARY : You should get action from the mentioned levels, especially from those reversal trades. Set alerts into the named areas, do your own analysis, if they match then you are ready to go! ;)
Feel free to support my effort by hitting the "LIKE", it is my only fee from You!
Best regards,
Vaido
RIPPLE (XRP/USD) - Do Not FOMO, Wait For Opportunities!Currently, the price is on the pretty strong resistance area (orange lines) and soon there is also an important trendline which should act as a resistance level. If you are a short-term or mid-term trader and if you want to buy it right now, then I have to say - do buy it on the tip and do buy it near the strong resistance is definitely a mistake, we need to wait for technically decent entry areas.
First one is around $0.35-38 . This area has worked pretty heavily as a resistance level and if the market is healthy then it should be a classical role reversal situation - an old resistance becomes support.
The second one is a bit higher but that's not a problem, because technically it is a great buy opportunity! We need a breakout confirmations to be more sure and secure about the next legs upwards.
Wait for a break above the strong resistances (orange lines), wait for a breakout above the trendline and then wait for a trendline retest entry opportunity. "Wait, wait, wait", yes, you should wait for those, remember to be patient!!
"1. Anything can happen.
2. You don’t need to know what is going to happen next in order to make money.
3. There is a random distribution between wins and losses for any given set of variables that
define an edge.
4. An edge is nothing more than an indication of a higher probability of one thing happening
over another.
5. Every moment in the market is unique."
– Mark Douglas
Feel free to support my idea post by hitting the "LIKE" button, it is my only fee from You!
Have a nice day,
Cheers!
*This information is mostly used for educational purposes only!
RIPPLE (XRP/USD) - Impressive Trendline!I would like to share XRP trendline since 2017(!!):
It has held the price multiple times and right now it is on the trendline area where it should get another bounce upwards. Ripple price has been very quiet recently, some pumps here some pumps there but overall nothing special.
At the moment it is technically also a pretty good area where You should consider to take it for mid-term hold.
From the technical perspective, this level should be pretty strong, add here some fundamentals, watch closely what BTC does, do Your own research, etc.
Please, take a second and support my idea post by hitting the "LIKE" button, it is my only fee from You!
Have a nice week,
Best regards!
*This information is not a recommendation to buy or sell, it is used for educational purposes only!
XRP may gain +100% ! Traders,
Here we have XRPUSD 1D chart.
In this chart we have a critical point at the ledge of the bear trend from temporary correction top happened April 2018 this point is will determine if we are going to have a new trend or failed to break it and return to bears here what am seeing according to this logical triangle pattern that breakout will make perfect return causing 50 - 100 crossover.
will update next few days, to see what the next candles tell us ?
Regards,
Mohsen
Ripple(XRP/USD)-sETUPEthereum dethrone ripple pair from 2nd position when it comes to market cap but that doesn't mean ripple has no upside potential.
Lets look at the 4-Hour chart time frame of the pair:
Bullish Case:
Ripple pair has broken the 1+ month long downtrend-line(Black)
and surged 18+% in USD recently.$0.307+ has provided strong support for the pair and price jumped 15+% from it.
It has tested the resistance around $0.351-$0.356 and a healthy pullback to $0.318-$0.32 is possible for potential resistance turned support flip.
Also, the pair has surpassed 200H-SMA(Simple Moving Average) and penetrated through ichimoku cloud which might act as preliminary support if any pullbacks occur.
Bearish Case:
Early signs of bears will be when the $0.32 support level doesn't hold and will lead to a drop to $0.30 level.Also, if the last line of defence doesn't hold around $0.302 then it would be strongly bearish for the pair.
RIPPLE, UP AGAIN? Ripple has retraced after its breakout and is looking on its way up again. This is one of the top altcoins so if the breakout happens the FOMO can be big and we may be seeing Ripple fly again.
-THE MACD is close and indicates that a breakout is nearby
-STOCH RSI is in the middle and may be moving down which would indicate that the coins will move to Support 2
So far Ripple is testing its Support 1 however as stated above some indicators are showing movement down so...
Buy-in: 0.000082-83 BTC
Stop-loss: 0.00008 BTC
RE-BUY IN: 0.0000789 BTC
My targets are the resistances shown on the graph (resistance 1=target 1 etc.)
Good Luck, Traders!