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Rippleshort

XRP show a shoulder head shoulder!!! Short Position!!!In this technical analysis, XRP show a bearish movement toward the $0.48 cents again. So, that it's so interesting to trade XRP. Now, I believe that XRP it's forming a possible re-accumulation to then make a parabolic bullish!!! So, that it's so interesting to study XRP as one of my cryptocurrency into my radar to invest in 2021. So guys, this is it. So, I put a sell order limit at $0.6130 cents with a SL at $0.6598 cents and my target will be $0.5050 cents. Now in the next days, I will going to update this par in the next days to week to study the elliot wave analysis and add more data content!!! Happy days!!!
COINBASE:XRPUSDShort
by harisonhbn9718
Ripple’s remarkable 291% rally in November in jeopardy Ripple’s recovery hits a barrier at $0.7, giving way to an ongoing retreat. XRP/USD seems poised for a massive breakdown likely to retest support at the 100 SMA. Ripple soared massively in November, becoming one of the strongest cryptocurrencies in terms of rebound. The flash rise to $0.92 brought to light the possibility of XRP hitting $1 before 2020 ends. Meanwhile, a bearish pattern, forming on the 4-hour chart suggests that the bullish narrative might not hold, at least not for long. At the time of writing, XRP/USD is trading at $0.65 amid a developing bearish momentum. Its upside is limited by the seller congestion at $0.7. The Relative Strength Index has started to reflect the ongoing retreat. It is essential that buyers hold above the immediate support at $0.65 to sustain the uptrend. However, the formation of an ascending wedge pattern on the 4-hour chart hints at a possible reversal. Ascending wedge patterns are characterized by dropping buying volume following a lengthy bullish period. One trendline is drawn connecting a series of higher highs while another links a series of higher lows. A breakdown usually occurs before the trendline converge. Therefore, it critical to proceed with caution when dealing with XRP. Note that Trading under the wedge might trigger massive losses that could overshoot the 50 Simple Moving Average support at $0.6. On the downside, the next tentative support is the 100 SMA at $0.45 (last week’s key anchor zone). It is worth mentioning that the bearish notion will lose credibility if the cross-border token holds above $0.65 and perhaps rises above the upper trendline. Price action above $0.7 might also call for more buy orders, in turn, pulling XRP to $1. XRP intraday levels Spot rate: $0.65 Relative change: -0.01 Percentage change: -1.5% Trend: Bearish Volatility: Low
COINBASE:XRPUSD
by CoinGape
5
Cointelegraph and Peter Brandt- Both highly uncredibleOkay, so is XRP a security? Peter L Brandt, "trusted crypto expert" seems to think so, let's weigh in on this issue. Bring in the legal precedent, something these globalist billionaire's have never heard of, here's the Howey test (SEC v. W.J Howey Co) 1. Specifically, the Howey Test determines that a transaction represents an investment contract if "a person invests his money in a common enterprise and is led to expect profits solely from the efforts of the promoter or a third party," Okay, when you buy an XRP you are paying 1:1 for current price of the coin with no expectation of it going to any specific price, therefore it's not an investment contract, if the price WERE to pump it would be organic from all the different players in the game purchasing it for the utility. XRP was never sold in a presale, something ETH did that makes it 100% a security, ETH sold a coin that didn't exist ($0 value) to investors who were expecting some sort of monetary value of their coins. XRP has never given dividends of network profits to ANYONE, all fees on the network are specifically BURNED, designed that way for compliance. ETH on the other hand is becoming even more of a SECURITY by paying dividends of network profits to node owners, ETH 2.0 "the security upgrade" XRP is not an ownership or investment contract in Ripple company. And CoinTelegraph, Peter Brandt have the gall to post about "XRP should be a security" on their stupid little news website where nothing can be refuted because there's no comments section. We are supposed to just take whatever these people say like the word of God. BOTH Peter Brandt and CoinTelegraph have LOST all credibility (that is, if they even had any in the first place) And honestly Peter making a fool of himself at like 50 years old, it's just an embarrassment.
POLONIEX:XRPUSDLong
by Leverage1000X
2
Ripple - The world’s most accessible global payments networkNo one goes into the market thinking they should buy at the high and sell at the low. The problem is that at the moment when faced with the ups and downs of the market, it’s hard to resist the urge to do those things. Trading is all about spotting emotional excesses either to the downside or the upside. You want to be on the right side of those emotional reactions and not the wrong. #XRPBTC: I'm SHORT/ BEARISH position up until ( Black BOX ). I expect that $XRPUSD will rip down. This would mean that RIPPLE will lose more 35% of its current value against BTC before it can recover. Well, keep you updated as this timely issue evolves. If you want to win in this market, you need to be COLD and CALCULIST . #CRYPTO $XRPUSD #XRPBTC #XRP #RIPPLE #ALTSEASON2020 $BTC $BCH $BNB $XLM $EOS $ETH $ADA $LTC $TRX $XRP $IOTA $LINK $XTZ $BTT $XMR $NEO $BTT $MATIC $XMR $MRK $XEM $ONT $DASH $BAT $ZRX $LSK $NANO $REP #altcoins #bitcointrading #BuyTheFear #BuyTheDip
Short
by ferGOD
1
XRP/USD False Channel Breakout? Recovery Stalls Short Of $0.30 Ripple embraces support at $0.28 but recovery stalls marginally above $0.30. XRP/USD is in the middle of a reversal from the resistance at $0.28; lower leg eyes $0.28 and $0.27 support areas. Ripple like Bitcoin scaled several barriers after this week after bulls built on the consolidation experience last week above the key support at $0.27. The recovery movement saw XRP climb above $0.30 and this time it sustained the gains. The leg up extended past $0.32 before the resistance experienced early in August came into the picture. A reversal on Wednesday affected the majority of cryptoassets including Ripple, Bitcoin and Ethereum. Bitcoin dropped under $12,000 and even refreshed levels slightly above $11,500. Ethereum, on the other hand, slumped from levels above $430 to confirm another support at $405. Consequently, XRP tanked under $0.30 on hitting the barrier at $0.3250. The bearish leg extended to $0.28 (short term support). Attempts have been staged to clear the resistance at $0.30 but the bearish grip keeps getting stronger. Meanwhile, XRP is trading at $0.2886 at the time of writing. A growing bearish grip is highlighted by the Relative Strength Index (RSI) after changing direction before hitting the average (50). The RSI is currently holding at 40 but could drop lower if the technical picture remains unchanged. It is clear that Ripple will take a longer time to rise above $0.30. In fact, the support at $0.28 and $0.27 could first be tested before buyers begin to build momentum for a massive breakout like the one on Tuesday. The break above the descending channel failed to materialize as XRP has lost steam marginally above $0.29 culminating in the ongoing return into the channel is expected as buyers seek formidable support, preferably at $0.27 if not $0.28. Ripple Intraday Levels Spot rate: $0.2880 Relative change: -0.0022 Percentage change: -0.76 Trend: Bearish Volatility: Expanding
COINBASE:XRPUSDShort
by CoinGape
Ripple - $XRPBTC #XRP - To the moon is too close, go beyond!!! No one goes into the market thinking they should buy at the high and sell at the low. The problem is that at the moment when faced with the ups and downs of the market, it’s hard to resist the urge to do those things. Trading is all about spotting emotional excesses either to the downside or the upside. You want to be on the right side of those emotional reactions and not the wrong. #XRPBTC : I'm SHORT/ BEARISH position up until (Black BOX). I expect that $XRPUSD will rip down. This would mean that RIPPLE will lose more 30% of its current value against BTC before it can recover. Well, keep you updated as this timely issue evolves. If you want to win in this market, you need to be COLD and CALCULIST . #CRYPTO $XRPUSD #XRPBTC #XRP #RIPPLE #ALTSEASON2020 $BTC $BCH $BNB $XLM $EOS $ETH $ADA $LTC $TRX $XRP $IOTA $LINK $XTZ $BTT $XMR $NEO $BTT $MATIC $XMR $MRK $XEM $ONT $DASH $BAT $ZRX $LSK $NANO $REP #altcoins #bitcointrading #BuyTheFear #BuyTheDip
Short
by ferGOD
14
XRP at important levelSR line at 2685 formed by year close and is very important for XRP bullishness. If price manage to stay above (and it has just recovered from recent 2.6% dip in just 40 minutes), good chances for another test of 2770 within nearest days. And when I look at 2770, I certainly assume breakout possibility here. EMAs are reversing at day timeframe and now price is above 21 EMA which is at 2672. This is bullish. If fails and drop below 2680, XRP will retest 2600 support once again. That is for sure. Since overall trend is bearish really hard to be bullish for XRP unless you believe in its fundamentals (which I don't). And the fact alone it was so easily dumped also says that not all are ready to hold Ripple during BTC volatility times..
Short
by WiseAnalyze
Ripple double top ?Price Action (PA) Ripple closed above EMA 50,100,200 periods. XRP hit 2862, after correction to 0.5 fib. level. at 2710. XRP was formed double top formation at 0.2862 and 0.2874. Break down EMA 21 periods. Potential retest green support trend line at 0.2574 and 0.618 fibs level. Indicators: MACD bearish crossover bellow zero line. RSI around 50 points neutral. Bearish sign. Pattern: Double Top. S/R potential support at 0.2574, Resistance at 0.2875. Volume confirm downtrend move. Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.
BYBIT:XRPUSD.PShort
by blockchaintrends
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
BITFINEX:XRPUSDShort
by nulltxmark
XRPUSD formed a bearish gartley | A good short opportunityWith the formation of bullish gartley pattern which I have published in my previous below idea: The price action was also forming another bearish harmonic gartley pattern and now it is entered in potential reversal zone to hit the targets soon insha Allah. But MACD is strong bullish and Stochastic is also bullish and did not give bear cross sofar moreover the Volume profile of complete pattern is showing that the traders are still interested to trade above the potential reversal zone but not above the resistance line. So for secure trade we can wait for MACD to turn weak bullish from strong bullish or for Stochastic to give bear cross then by and the PRZ area or the resistance line can be used as stop loss in case of complete candle stick closes above the PRZ or resistance, coz if the resistance or PRZ will be broken then D leg can be extended from 1.27 to 1.618 fibonacci to form a bearish butterfly pattern and this gartely can be invalidated. I have used Fibonacci sequence to set the targets: Sell between: 0.25975 to 0.26308 Re-Buy can be between: 0.25713 to 0.25083 Enjoy your profits and regards, Atif Akbar (moon333)
BITFINEX:XRPUSDShort
by moon333
4
Morning Crypto Market Signal UpdateHi Traders! Welcome to this update analysis! Let’s get right to it! Looking at the Daily chart . Now, before we get bullish or bearish , we have to assess the data on the chart. If the most recent arrow is red, you should be short. If the most recent arrow is blue, you should be long. Keep your Stop Loss at 5% of the price. Looking back at the action following prior in 2018 we can see that the strategy worked on every single Cryptocurrency. So, the fact that we are in 2019 today is not a deviation from the normal progression. Now it would be different if the strategy had not performed well in 2018. The 2018 year is the line in the sand as the crypto market lost 70% of its value that year and HODL’ing failed. A strategy that can perform in 2018 changes things. Technically, if a strategy can’t be coded it’s not a strategy. As time progresses, it is becoming increasingly likely that you will need a strategy to get results. So, trading is a very real way to go forward now. One Minute. One Check. Once per Day. That’s All You Need! Good luck trading everyone! Best regards, Ryan Grey Head of Grey Trading Investment Management
BITFINEX:XRPUSD
by GREYFXEMPIRE
1