Get started

Rippleshort

XRP → Ripple Heading Down to $0.53? This May Surprise You.XRP had yet another rejection off the top of the Triangle Resistance, pushing the price down below the Daily 30EMA. The crypto market as a whole is pulling back from its recent bull run. Are we going down? How do we trade this? 🤔 I believe the crypto market is going to reverse to the downside in the coming weeks. Refer to my recent Bitcoin lifetime analysis for those details: What does that mean for XRP? Given the large bear candle after contact with resistance closing below the Daily 30EMA, RSI below the Moving Average, the crypto market itching for at least a pullback if not a full blown reversal to previous lows, XRP has a high likelihood of touching the Triangle Support. The short-term trade option is to short scalp the market to the bottom of the Triangle with a 1:1 Risk/Reward Ratio. I would use a small position size give we have some distance from Resistance and that this is a scalp, which is inherently higher risk but in trade for greater probability of success. 💡 Trade Idea 💡 Short Entry: 0.61 🟥 Stop Loss: $0.67 ✅ Take Profit: $0.55 ⚖️ Risk/Reward Ratio: 1:1 🔑 Key Takeaways 🔑 1. Contact with Triangle Resistance, falling below 30EMA. 2. Last Daily Candle Closed Below 30EMA. 3. Gap to 200EMA and bottom of Triangle. 4. RSI at 44.00 and below Moving Average, Bias to Short. 5. Bitcoin Showing Signs of Reversal. Scalp Short. ⚠️ Risk Warning! ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and comment if you found this analysis useful!
Short
by TraderEngineering
XRP is preferred to sell into rallies.XRP - 24h expiry - We look to Sell at 0.4989 (stop at 0.5089) Bespoke resistance is located at 0.5000. The medium term bias is neutral. We look for a temporary move higher. Trading has been mixed and volatile. Preferred trade is to sell into rallies. Our profit targets will be 0.4739 and 0.4709 Resistance: 0.4820 / 0.4920 / 0.5000 Support: 0.4760 / 0.4700 / 0.4650 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:XRPUSDShort
by VantageMarkets
XRP to breakdown?XRP - 24h expiry - We look to Sell a break of 0.4388 (stop at 0.4508) We are trading at overbought extremes. A higher correction is expected. A sequence of daily lower lows and highs has been posted. The bearish engulfing candle on the 4 hour chart is negative for sentiment. The bias is to break to the downside. Previous support located at 0.4100. Our profit targets will be 0.4088 and 0.4048 Resistance: 0.4450 / 0.4550 / 0.4590 Support: 0.4394 / 0.4350 / 0.4250 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
VANTAGE:XRPUSDShort
by VantageMarkets
Ripple to extend losses?XRP - 24h expiry - We look to Sell a break of 0.4048 (stop at 0.4183) Our short term bias remains negative. 0.4056 has been pivotal. The bias is to break to the downside. We look for losses to be extended today. Daily signals are mildly bearish. Our profit targets will be 0.3728 and 0.3668 Resistance: 0.4350 / 0.4415 / 0.4450 Support: 0.4200 / 0.4095 / 0.4000 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
VANTAGE:XRPUSDShort
by VantageMarkets
XRP'S Ripple consolidation coming to an end?! 06.02.2023Really simple stuff. Take the technicals combine it with SEC lawsuit looking very positive for Ripple (The prosecutors basically admitted that XRP token is not a security, making the lawsuit invalid). On another fundamental bullet point we have the XRP ledger paving the way for tokenization as it continues to mount up popularity. The technical aspect shows a descending trend-line since mid last year being tested 6 times and 2 ascending trend-lines converging since November, December last year, tested a combined 6 times - Classic consolidation. **The resistance of consolidation is around 0.415-0.42, a breakout with weekly candle open higher could be the firing shot to a huge rally back to ATH and more. **The support of consolidation is around 0.39-0.38, a breakout below could revert price back down to lows of ~0.30 and below in case XRP loses the trial (very low odds according to info out) is probably the only viable reason for XRP to break consolidation down. RSI 14 shows plenty of breathing room to continue to rally with ease. Pay attention and do not miss what could be x10 gains and more very quickly once consolidation breaks up consistently with weekly candle open. --------------------------------------------------------------------------------------------------------------------------------- I encourage you to do your own research and trade with caution. Thank you for reading and let me know if you have any questions or comments, highly appreciated! ---------------------------------------------------------------------------------------------------------------------------------
BITSTAMP:XRPUSDLong
by Exactus
9
Trading XRP in a range.XRP - 24h expiry - We look to Sell at 0.4138 (stop at 0.4208) Price action continued to range between key support & resistance (0.3950 - 0.4150) and we expect this to continue. Trading has been mixed and volatile. Daily momentum has stalled and our bias is now neutral. Preferred trade is to sell into rallies. Our profit targets will be 0.3966 and 0.3916 Resistance: 0.4000 / 0.4050 / 0.4150 Support: 0.3920 / 0.3850 / 0.3800 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
VANTAGE:XRPUSDShort
by VantageMarkets
XRP/USDT Testing Pivotal Resistance Again!As the market turns out to be decisive every new day, many altcoins possess their undetermined behaviour. And hence the XRP price which is strongly holding $0.6 area from past 3 to 4 days may eventually slide down. The XRP price as seen in the above chart maintained a significant descending trend and currently consolidating within a narrow range The price is testing the 50-day MA levels from past couple of days, and is unable to clear these levels from pretty long time The first test at these levels resulted in a steep drop of more than 20%, the second time is slashed nearly 5% and currently testing the third time A drop from this levels may ignite a descending trend below $0.6 initially to hit $0.58 levels. If failed to sustain here, the price may slide down to $0.55 too. However, a small bullish divergence is seen as the RSI still maintains a notable uptrend which indicates a decent upswing may be fast approaching for the XRP price Do follow Coinpedia on Tradingview for latest Price & Technical Analysis report. And also visit the Official Website for latest updates and future predictions in the crypto space
Short
by Coinpedia-Market-Insight
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.
KRAKEN:XRPUSDShort
by MarketIntel
Ripple D1 Analysis - ''Door Up" Open or Not?Although bullish hidden divergence and divergence have formed but it is only a divergence in one valley which indicates the increase is only temporary. I expect the downward momentum to remain strong and will likely go to the previous fibo buy level area around 0.47562 to 0.24400 to complete the pullback. Looking at the fundamentals of Ripple or XRP, it is one of the Altcoins that has great potential to be part of the portfolio. The price is now very low and very worth it to grab and hold for the long term.
Short
by MKAMIN
XRP could continue to FALL sharply!Hey tradomaniacs, after a breakout of the trendchannel and a re-test of the support-zone we have seen volatile absoprtion of strong holders which are now likely to get stopped out of the market continues to fall! The resistance is holding for now, and if bitcoin breaks below the range as I expect it is more than likely to see ALT-COINS blood aswell. Technically, with the previous rejection of the ex-demand-zone worth to give it a try! Let`s see :-) LEAVE A LIKE AND A COMMENT - I APPRECIATE EVERY SUPPORT! Wanna see more? Don`t forget to follow me!
BITSTAMP:XRPUSDShort
by Trading2ez
7