Rippleusd
XRP to find support at market levels?XRP - 24h expiry - We look to Buy at 0.3986 (stop at 0.3877)
Levels below 0.4000 continue to attract buyers.
Our short term bias remains positive.
Daily signals are mildly bullish.
We look to buy dips.
Our profit targets will be 0.4259 and 0.4299
Resistance: 0.4100 / 0.4150 / 0.4200
Support: 0.4050 / 0.4000 / 0.3950
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.
XRP to Break free?XRP - 24h expiry - We look to Buy a break of 0.3811 (stop at 0.3733)
Short term MACD has turned positive.
Short term momentum is bullish.
Short term bias has turned positive. 0.3713 has been pivotal.
Trades at the highest level in 26 days.
A break of yesterdays high would confirm bullish momentum.
Our profit targets will be 0.3998 and 0.4098
Resistance: 0.3787 / 0.3850 / 0.3950
Support: 0.3650 / 0.3600 / 0.3530
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.
Ripple XRP price formed a trend reversal pattern. What goal?3 days ago, on the chart XRPUSDT prices formed a beautiful and convincing "Inverted Hammer" reversal pattern
The large shadow of the Japanese candlestick indicates that sellers pressed the price down with great force, and broke many longs' stops in the highlighted blue zone. But there was an aggressive and voluminous buyer who was able to sharply buy back the fall at the right moment.
Purely theoretically, in the current low-volume market, one "big player" who wanted to buy a lot of XRP at the same time could have organized this show:
+ First, the "big player" on various platforms places limit and hidden buy orders for XRPUSD in the range of $0.305-0.31.
And then systematically starts selling XRP and presses the price down. Arbitrage bots simultaneously make sales on different platforms by repeating this maneuver. And then the cascading triggering of stop orders and margin calls, which were hidden behind each of the previously formed "pins"
As a result, the "big player" who started this show received a large flow of orders for the sale of XRP, which fully filled his "buckets" for the purchase. When the big player gained a position, he bought several XRPUSDT market orders and organized an aggressive buyback, and it was easy to do this because the glass was empty earlier.
+ The second goal that could be achieved by such a maneuver is the "destruction" of competitors who have taken long positions over the past 6 months.
Nothing personal - only business - it will be much easier for the XRP price to grow if few people will fix profits by selling their XRP, which can freeze the growth.
+ Well, the third goal is the formation of the Inverted Hammer reversal pattern, which will give everyone a signal: "it's time to buy". The goal of this pattern is to increase the price of XRPUSDT to at least $0.40-0.41.
In general, on the chart, we have depicted the possible movement of the XRPUSDT price in the medium term until the end of spring. Target $0.60-0.65 and higher
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Fading into current XRP bullish momentum.XRP - 24h expiry - We look to Buy a break of 0.3721 (stop at 0.3631)
Short term MACD has turned positive.
Short term momentum is bullish.
Short term bias has turned positive.
0.3713 has been pivotal.
A break of bespoke resistance at 0.3713, and the move higher is already underway.
We are trading at oversold extremes.
Our profit targets will be 0.3941 and 0.4011
Resistance: 0.3650 / 0.3713 / 0.3800
Support: 0.3530 / 0.3450 / 0.3400
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.
XRP/USDT Price Prediction and Bi-Yearly Targets 2023The crypto space after displaying a significant upswing since the beginning of the 2023 trade has been undergoing a minor correction in the past few hours. The asset has been extremely less volatile, and probably could be accumulating gains to propel high very soon. With a larger price action, the XRP price could reach $0.5 initially which may find higher targets in H1 2023.
The formation of the large inverted hammer a couple of days ago indicated that the sellers could imply huge pressure on the price and pressed the price lower. This broke many longs and compelled the price to remain consolidated along the support levels. However, some of the market participants quickly jumped in and accumulated the token at lower prices, enabling a notable upswing later.
The XRP price has been recovering in a parabolic way and hence subjected to reach the neckline with a gigantic rise of 75%.
The XRP price recently rebounded from the lower support zone and displayed its self-assurance in raising beyond the crucial resistance in the next couple of weeks. While the main goal of the price is to surge by more than 80% and close the bi-yearly trade close to or beyond $0.7, the XRP price may achieve it in 3 phases by setting 3 goals.
--Initially, the price may sink slightly to reach $0.30 to $0.31 to attract more players to jump in which may bring about more liquidity required to trigger a notable upswing
--The second goal of the rally could be the distract the competitors who have taken a long position over the past few months. This has been practised before and may happen again where-in the price may range beyond $0.45 and try to reach $0.5 levels before the end of Q1 2023
--Undoubtedly, the bears could try to slash the price lower towards the descending trend line but eventually, the bulls may make it towards the crucial resistance residing at the ascending trend line, laying down the targets close to $0.7 by the end of Q2 2023.
With this, the Ripple (XRP) price may accomplish the cup & handle pattern to some extent and keep up the bullish trend for the rest of the year 2023.
XRP will decide it's direction soonOur algorithm has found a descending volatility pattern after a long period of downtrend and this always helps traders to make money because we can take advanatge of any movement (up or down). We've recently seen a fake break of the red line, but be ready because losing the first blue line is really dangerous for XRP.
XRP was created by Ripple Labs, a financial technology company that is focused on providing solutions for cross-border payments and other financial transactions. Ripple Labs developed the XRP Ledger as a way to enable faster and cheaper cross-border payments, and XRP is used as a means of exchange on the network.
XRP has gained significant popularity in recent years due to its potential use in the financial industry, and it has been adopted by a number of banks and financial institutions as a means of facilitating cross-border payments and other transactions. However, it is important to note that XRP is not without controversy, and its adoption and use have been met with some resistance and skepticism in the financial and cryptocurrency communities.
A descending volatility pattern in the stock market refers to a situation where the level of volatility (i.e., the fluctuation in prices) in the market decreases over time. This can be observed by looking at the historical volatility of a particular stock or index.
There are several potential consequences of a descending volatility pattern in the stock market:
1. It may indicate a decrease in market risk, as the level of price fluctuation is lower. This could make the market more attractive to investors who are risk-averse or who have a lower tolerance for volatility.
2- The pattern could also indicate increased stability in the market, which could lead to higher levels of investor confidence and potentially drive more capital into the market. This could lead to an overall increase in stock prices.
However, it is important to note that a declining volatility pattern does not necessarily mean that the market is "safer" or that it will continue to trend upwards. Volatility can be unpredictable and can increase suddenly, even if it has been decreasing over a longer period of time.
In fact, as we previously said the best way to trade this pattern is to expect an increase in volatility, no matter if it's upwards or downwards.
And the most important!
What do you think? Are we ready for a new crypto rally here? Will we break the green line? Or we will just see lower prices... again?
$XRP - Two ScenariosXRP price action imo is one of the cleanest to trade, red line break will trigger a short (stop $0.425 tp1 $0.33) - (in my opinion the more likely of the two scenarios unless some SEC case stuff comes out). Break of the blue line triggers long scenario up to the $0.49 region (stop $0.38).
Ripple - Do not be without worries On 8th August 2022, we introduced a setup with two alternative trades coming after the breakout from the wide range in which XRPUSD oscillated for some time. A few days later, a piece of news concerning a minor win for Ripple Labs Inc. against the SEC sparked a buying frenzy that propelled the price more than 40%. Meanwhile, in the early stage of the rally, we noted that this price action merely represented “buy the rumor, sell the fact.”
Then, during the rally, we continued to warn investors about the unsustainability of the move as we hinted at decreasing volume in spite of the rising price. Indeed, we raised this issue again after another bullish breakout from the symmetrical triangle took place. Soon after that, our worries came to fruition, and XRP began its decline.
At the moment, XRPUSD trades almost 20% lower from its recent high on 23rd September 2022, further confirming our bearish thesis. In fact, we stick to our price targets of 0.30 USD and 0.28 USD and believe they will be reached by the end of 2022. Our views are supported by persisting bearish macroeconomic factors and technical indicators pointing to more downside for this cryptocurrency.
Illustration 1.01
Illustration 1.01 shows the daily chart of XRPUSD. The price is down almost 20% from its recent peak of 0.558 USD, and volume continues to reflect the declining interest in XRP among new investors.
Technical analysis - daily time frame
RSI is bearish. The same applies to Stochastic and MACD. DM+ and DM- are bullish. Overall, the daily time frame is turning bearish.
Illustration 1.02
Illustration 1.02 displays the monthly chart of XRPUSD, showing it deep in the bear market territory.
Technical analysis - weekly time frame
RSI, MACD, and Stochastic show signs of exhaustion. DM+ and DM- stay bullish. Overall, the weekly time frame is turning bearish.
Illustration 1.03
Illustration 1.03 shows the mentioned setup from 8th August 2022. That same day, we set a medium-term price target for XRPUSD at 0.30 USD and a long-term price target of 0.28 USD, abstaining from setting a price target for the short-term (due to the price being in the neutral trend).
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
Ripple XRP is NOT the scam!Hello, long-suffering Ripple holders!
Today it’s time to make you happy because the “immortal scam” project is going to be alive and give us the huge profits in the next bull run. I have never invested in the XRP , but this time I will do it because it has the clear waves structure and I have the idea where I can do it.
Let’s take a look at the daily time frame of the XRPUSDT chart of the WhiteBit exchange. It’s also printing the ending bearish wave 5 like the Bitcoin, Cardano and other crypto assets. This wave 5 also consists of 5 waves. Looking at the Fibonacci extension level 1.61 which has been touched “cent to cent” by the price I can conclude that the wave 3 has been finished yet.
After that we saw the corrective wave 4 which coincides with the same wave on the BTC . Now the market is forming the ending wave 5. It has two possible targets. the conservative one is $0.28 and the pessimistic one is $0.19 . The exact reversal point we will define where the price will break the current local low at $0.31 using the trading chaos approach by Bill Williams.
My friends, I wish you happy New Year, be healthy and wealthy. Turn on you “God mode” in trading and earn million of dollars and be happy.
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xrp target?In the monthly timeframe, xrp seems to be dealing with further declines and has been successful so far. But what is scary is that MACD has not yet been tested positive and ChicoSpan has managed to break TenkenSen. So, it should wait for the MACD to become positive or show a record reaction to the lower trend line. Because if it don't show a reaction, it should prepare itself for a further fall, and the target will be $0.22.
Ripple XRP/USD short Xrp was holding value for a long time, losing bullish momentum and generating new lows. If the trend line breaks we can see ripple going to $0.26 cents and lower, great accumulation zone for whales and hedge funds to invest in the coin, I hope you escape the matrix, happy holidays.
A.
RIPPLE TO SKYROCKET ABOVE ALL TIME HIGH IN 2023I am still very bullish for most of the cyptos, BITCOIN, SHIBA and Now RIPPLE, I t has been dropping for almost whole the year, The investors were taking their profits, the late buyer have already bleed out...Now it is reacting to a very powerful potential level of imbalance and it is already showing shift of volume kind of structure which means it is more likely to be Bullish next year.. It is time to ride a new bullish move
Ripple: Cat on a Hot Tin Roof 🐈Ripple is currently tiptoeing around the turquoise target zone between $0.3747 and $0.1720, yet showing slight downward pulses, which support our expectation of Ripple dropping down further in the turquoise target zone to complete yellow wave (2). The course should turn right after to rise above the resistance at $0.5587 and continue with a consistent upwards trend.
Ripple XRP price ready to change the trend to growthThe name of the idea speaks for itself.
To see the global trend channel of the falling price of XRPUSDT, we invite you to take a look at this idea 👇, because today the analysis will be on less timeframe.
The main achievement of XRP can be considered that the price did not update the lows that were set in June 2022.
It's hard to pronounce it, but: buyers of XRPUSD showed more strength than buyers of BTCUSDT, who allowed the price to update the lows of 2022.)
This means that the time has come for the realization of the strength of buyers. We see this in the form of the future growth of the Ripple price along the following route:
Growth impulse - consolidation under $0.50 - growth impulse - breakout of the trend line - reaching the local target of $0.60 - $0.65
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XRPUSDTPERP - Lures to short.At the moment, the downward movement is not yet 100% realized.
We should expect withdrawal of liquidity below the support level of 0.2999.
Then a flat, accumulation, test and resumption of buying in an uptrend. Observe.
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