Ripple falling to 0,31500!Ripple is on his way to the first support level of 0,31500. If it breaks that support it could fall further to even 0,25000.
Let me know what you guys think about where Ripple is going!
Rippleshort
XRP. The correction after the fall is over. I'm expecting $ 0.38Thhis idea is part of a larger idea that I have been publishing a few days ago.
After the sellers began a sharp fall, a flawed breakdown of $ 0.415 was created. From this price, the correction has begun, which practically tested the level of 0.382 from the entire fall. A price zone of 0.505-051 $ is created, which is critical to sellers. If sellers keep this zone, then the idea is correct and we are waiting for a new strong drop wave with the goal of 0.35 $ -0.38 $.
Facts that, in my opinion, predict the continuation of the fall:
1. if you make correction waves, then the wave c = a:
2. Marginal buyers' positions are growing slowly:
3. Sellers continue to increase their positions:
4. With each new local low, volumes decrease:
5. The chart clearly shows the wedge, which usually breaks down.
Therefore, if sellers will hold 0.504-0.51, I expect the continuation of the fall.
XRP. The first target is 0.46$. The global target is 0.38$After sellers cured $ 0.38, the buyers tried to continue to grow and after a breakout of 0.46 this chance came out. In my previous idea , my target was $ 0.58. However, this growth took place on small volumes:
In the price zone 0.53-0.54, there was a large amount of liquidity before xrp started falling in early October:
and this price zone was an indicator of whether buyers could continue to grow. In my opinion, buyers failed their test and this growth has shown that correction after the growth of September 21 is not over.
Assuming that the current growth from October 11th was a wave of X, then it corrected quite a deep wave W, nevertheless I expect a fall of up to $ 0.46. If after this fall buyers will not be able to break through the price zone 0.504-0.514 - then there is a high probability that the correction will continue to $ 0.38.
At $ 0.38, the wave Y will be X * .786, and the wave "c" will be equal to the waves "a" (at wave Y).
Marginal buyer positions have decreased significantly:
Sellers are still passive:
Therefore, if buyers try $ 0.506 - I'll wait for the benchmark 0.46 and see if buyers have the power to hit $ 0.504-0.514. If buyers can not stick above this price zone, I expect a drop of up to $ 0.38
Ripple (XRP) Looks like a topping pattern. Broke support.XRP currently broke vital support.
Notice the high amounts of transactions occurring in that range. This means people will likely be desperate to get out of their long positions, especially since Binance has gotten in on the buying frenzy.
Therefore, you may short.
The only thing that can stop this is the Coinbase buying frenzy starting up again. Some XRP fans like to spread misinformation which can drive price up. I believe the worst is over for shorters. For now I expect a correction up before starting downtrend.
Thanks for viewing!
XRP (Ripple) Possible Instraday Sell Set Up Well we got here is a descending daily and weekly CTL that has been broken in the last 2 weeks where price has been able to hold above it and form a daily structure and a first possible bullish impulse in a kind of wedge pattern but price s giving us soem bearish sign showin us a multi day rejection to the presented 38% fib leaving a consecutive sussetion of shadow indicating a dominating preassure coming from the sellers in the lower tiemframes so i would like to short it atleast to the bottom of the formed wedge and aim for a 4 to 8% as return t the 0.3770 area
XRP: Another buy opportunity?Looking at the daily, XRP has created a descending triangle which is a continuation pattern of the correction that XRP is currently having. Taking a look at the Fibonacci from XRP's last big bull run to $0.78 the floor of the descending triangle has formed at the 0.62 support line. Assuming that the descending triangle follows a normal pattern, we will see XRP break down below its side-ward support and retest the 0.24 Fibonacci support line.
In addition to this the RSI is teetering right in the middle at a value of 50 showing lack of direction. However when put together with the low volume in the market there is little evidence that XRP will be going toward the upside in the short term.
Thanks for reading!
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RippleXRPUSD
The ex-support became the strong resistance zone
with touch MA 200 in this point. Stochastic RSI will be oversold soon. Think it will be false breakout of this falling wedge and we falling about - 0.30$ .
Time to short XRP/BTC - 500% profit potential on 10x leverage!Big Short Fractal is in play near the cloud!
Looking for 100%+ Fib-Retracement since last Bottom and Top!
Targets:-
1) ~0.00006963(0.618)
2) ~0.00005693(0.786)
3) ~0.00004937(0.886)
4) ~0.00004075(1.000)
If you are too much long for the short :p
5) ~0.00001957(1.28)
Time to short XRP/BTC - 500% profit potential on 10x leverage!Big Short Fractal is in play near the cloud!
Looking for 100%+ Fib-Retracement since last Bottom and Top!
Targets:-
1) ~0.00006963(0.618)
2) ~0.00005693(0.786)
3) ~0.00004937(0.886)
4) ~0.00004075(1.000)
If you are too much long for the short :p
5) ~0.00001957(1.28)
Where is the low?Hello Tradingviewer,
Thanks for your subscription and Likes.
Let's take a look at the Ripple. The correction is not over in my opinion and the low should be found in the range of $ 0,488 - 0,544.
You must assess your own risk-taking ability and invest only as much as you are prepared to lose.
Always mind the Moneymanagement, because 1.21% the money you do not lose, you can invest again.
As usual, this is not a buy and sell recommendation, but my personal assessment and opinion on the chart presented.
Greetings from Hanover
Stefan
P.S. Like and share it, that's the currency at TradingView
XRP. I do not believe in the global long!Now in the market there is a rollback after a long-running down trend. But are there any facts that can show us that further will be a strong upward movement? Especially, Ripple is relatively weak with respect to other coins.
I see a good opportunity to get into shorts at 0.54-0.55 $ with global targets of $ 0.37 and $ 0.29.
The previous idea of "trouble for investors XRP part 2" has not worked out yet. But my targets have not changed and there is a big chance to see them.
XRP/USD - Double top rejection is likely to form upClear rejection visible around a stronger 1H resistance on this pair.
As you can see there also is a slow down of momentum on the lower timeframe if you look at the RSI.
Starts getting interesting when price rejects at 6250.
If price continues going up and reach 6350 you don't want to be short on this.
If price drops you want to aim for a 5900 target.
Also, watch the long term RIPPLE view here:
XRP looks bearish long termI posted a short term bullish idea on XRP, but taking a look at it on the weekly timeframes with indicators on, it looks mightly bearish.
We have some pretty nasty Bearish divergences between last peak (candle close) and most recent peak (candle close) on both RSI and MACD.
I've circled a potential fractal that we may be in. Could see us reaching for another high, after which we proceed to bleed to our bottom. Where that bottom is? Not sure, I'd want to wait to see how far we bounce up first and then see how far we can go down.
It's all good to be trading shorter time frames, but larger timeframes are just as important. Always good to know what trend we are in.
Down we go! Next probable stop @ 4500 handleShort at next red candle and retrace to trend line.
Two reasons to short:
1. All crypto's following a similar downward trend (overall market is down)
2. Technical. Lower lows and price breaking round number handles one after the other.
Ripple approaching support, potential to bounce strongly!XRPUSD is approaching major support at 0.7339 (Fibonacci extension, horizontal swing low support) and a strong bounce could occur at this level to push prices all the way up to 0.8320 resistance (Fibonacci retracement, horizontal overlap resistance).
Stochastic (34,5,3) is seeing major support above 2.8% and a corresponding bounce could occur above this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Ripple is testing major resistance, potential for a strong drop!XRPUSD is testing major resistance at 0.8320 (Fibonacci retracement, horizontal overlap resistance) and a strong drop could occur from here to push prices down to 0.7461 support (Fibonacci extension, horizontal swing low support). Our next major resistance is at 0.8756 (Fibonacci retracement, horizontal overlap resistance).
Stochastic (34,5,3) is seeing strong resistance below 90% where a corresponding drop could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Ripple approaching major support, potential upcoming bounce!XRPUSD is approaching major support at 0.8726 (Fibonacci extension, horizontal swing low support, pullback support, bullish divergence) and a strong bounce could occur at this level to push price up towards 0.9402 resistance before 0.9747 resistance (Fibonacci retracement, horizontal overlap resistance).
Stochastic (34,5,3) is seeing strong support above 4.2% and a corresponding bounce could occur at this level. We’re also seeing bullish divergence vs price signaling that a reversal could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Ripple before Strong Impulse!Hello Traders!
Accurately predict, that correction phase soon should be over. Present time we see the end part of corrective B wave formation.
Suppose, we near the powerful bulls impulse! Ripple wake up & live!
Powerful Traders decisively take a long position for 2.60000$;
"Short term target": 1.60000$.
"Middle term targets": 2.00000$;
"Long term targets": 3.00000 - 3.40000$.
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Ripple is reacting off major resistance, potential bearishness!XRPUSD has reacted nicely off our major resistance at 1.0314 (Fibonacci retracement, horizontal overlap resistance) and a strong reaction could push price further down to 0.9558 support (Fibonacci retracement, horizontal pullback support).
Stochastic (21,5,3) is seeing a nice reaction off our major resistance at 89% and has good downside potential for the corresponding drop that could occur on price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Ripple (XRP) Showing bearish signals on the 30 minute chartHistogram showing bearish signals together with the macd crossing the signal line. RSI tried to break to the upper side but bounced off the 50 multiple times showing not enough strength. Short term the 8, 13, 21 are all below the ma 55 showing a downtrend at the moment. This makes me conclude that XRP is currently bearish.
Ripple continues to test major support, watch for a bounce!Ripple continues to test major support at 0.8224 (Fibonacci extension, Elliott wave structure, horizontal swing low support, bullish divergence) and a strong bounce could occur at this level to push price up to at least 1.1511 resistance (Fibonacci retracement, horizontal overlap resistance).
Stochastic (34,5,3) is seeing major support above 8.4% where a corresponding bounce could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Ripple short then up we go Hi guys my analysis on ripple is the following
Trend: Short
Projections: stated by the orange line
If then statements: if the markets hits the following projection the following reaction could occur
ps remember money management and stop losses are the key in markets
any questions let me know
Ripple is approaching major support, watch for potential bounce!Ripple has dropped strongly and is now approaching major support at 0.8224 (Fibonacci extension, Elliott wave structure, horizontal swing low support, bullish divergence) and a strong bounce could occur at this level to push price up to at least 1.1511 resistance (Fibonacci retracement, horizontal overlap resistance).
Stochastic (34,5,3) is seeing major support above 8.4% where a corresponding bounce could occur. We are also seeing major bullish divergence vs price signaling that a reversal is impending.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
