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Rippleusd

XRPUSD(4Hr): XRP still hovering above 1$Market in the last 24hrs The saw a bullish momentum as it moved form the bottom to the middle Bollinger band. Trading volume has been very high in the last 24 hours. Today’s Trend analysis Since the price is nearing the middle Bollinger brand which is a strong resistance line thus if the price accepts it then XRP will most likely oscillate between the middle and the lower Bollinger band else the price is likely to continue to move in a bullish momentum till it reaches the upper band. Price volatility was extremely low at approximately 3.41%, with the day's range between $0.98 — $1.08. Price at the time of publishing: $1.05 XRP’s market cap: $49.57 Billion However, the Indicator summary is giving a 'SELL' signal on XRPUSD. Out of 11 Oscillator indicators, 2 are giving a SELL signal, 8 are neutral and 1 is giving a BUY signal. Out of 15 Moving average indicators, 11 are giving SELL signal, 1 is giving neutral and 3 are giving a BUY signal. Trading volume has been high in the last 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true. ---------------------------------------------------------------------------------------- The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles. ---------------------------------------------------------------------------------------- Any feedback and suggestions would help in further improving the analysis!
BINANCE:XRPUSD
by Mudrex
Ripple Price Prediction: XRP Must Hold Above The 50-Day SMA To A• Ripple price is locked in tight price range a symmetrical triangle chart pattern has emerged. • XRP may make a big move to the downside as the price volatility decreases. • Key support is at $1.0586, where the 50-day SMA emerges as a foothold for Ripple price. Ripple price hovers at $1.0859 with a neutral bias even as the Ripple vs. SEC lawsuit continues to drag. Both parties continue to make compelling arguments as many in the cryptocurrency community believing that Ripple has an upper hand. Coinbase CEO Brian Armstrong has joined the growing support for Ripple against the SEC claiming that the blockchain company’s performance on the lawsuit is better than expected. As a result, the Ripple community has come out strongly demanding that Coinbase relists XRP. In the meantime, XRP risks massive losses if it fails to hold onto crucial support. The price of the international remittances token must hold on to this line of defence to avoid plunging to $0.5784. Ripple Price Chart Pattern Aims For 46% Decline Ripple price has spelt out a symmetrical triangle pattern on the daily chart, indicating that the bullish and bearish pressures are generally cancelling out. The horizontal price action points to decreasing price volatility hinting at a possible breakout in either direction in the near term. This is validated by the horizontal movement of the Moving Average Convergence Divergence (MACD) indicator close to the neutral line. The measured target of the symmetrical triangle is either a 46% climb to $1.5890 or a 46% decline to $05784. Ripple price is holding on to its last line of defence at $1.0586, where the 50-day Simple Moving Average (SMA) coincides with the support line of the governing pattern. Failing to hold the XRP price above the aforementioned support level could mean trouble for the bulls, as Ripple would be susceptible to further losses, dropping 46% towards $0.5784. Before, XRP hits this bearish target, the altcoin may find support around from the 200- and 100-day SMAs at $1.0279 and $1.0162 respectively. On the flipside, should Ripple price favour the bulls, and break out above the immediate resistance at $1.10, the odds of XRP/USD moving upwards to hit the 46% upswing to $1.5890 will be increased. However, before the cross-border remittances token reaches this target, it has to overcome a number of obstacles along the way. The first hurdle is at $1.1411 major resistance level and the second is at $1.1615. The last resistance is the $1.20 psychological level which coincides with the resistance line of the governing chart pattern. Until XRP price slices above the upside resistance trend line of the governing technical pattern, the recovery will have to wait a bit longer.
BINANCE:XRPUSD
by CoinGape
XRP Loading up for a big move! Here's a quick Look at XRP 6 hr chart. As we can see, the price has been forming a bigger symmetrical triangle and we could see a bigger break to the upside soon - BTC just need to get stable! Definitely one to keep an eye on. The best entry would be, when the price breaks above the symmetrical triangle with good amount of volume . ------------------------------------------- The idea is: Buy the breakout from the symmetrical triangle and take profits at the levels shown in the chart. Targets: 1. 1.22$ 2. 1.3$ 3. 1.4$ ------------------------------------------- What are triangles when it comes to trading? Key points: "1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape. 2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure. 3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
3
XRP Is About to Explode!Hello, everyone! Let's continue to practice in Elliott Waves by Trading Chaos. I found the potential long trade on XRP. We can see that global Waves 1 and 2 have already finished with the classical 1-2-3-4-5-A-B-C cycle. Now XRP is in the Wave 3. Look inside the Wave 3 The Subwave 1 of Wave 3 have been already finished and now the price formed clearly A-B-C-D-E triangle correction. Subwave 2 have already reached the target zone and formed the full cycle. Now the price is ready to explode in Subwave 3. The target for the GLOBAL WAVE 3 is $1.75 and now there is very nice entry point! DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
Long
by Skyrexio
6
XRP/USDT - Symmetrical triangle breakout? Very profitable gains?This is how I am trading XRP based on the 4H chart, Fibonacci levels, and Support and Resistance Levels. Is this a possibility of a 50%+ gain? Let me know what you think. Enter long position, if price breaks out of the triangle. Take profit ideas: Target 1 - 1.215$ Target 2 - 1.316$ Target 3 - 1.40$ Target 4 - 1.55$ Target 5 - 1.66$ Target 6 - 1.765$ Trade safely! Comments, likes, and follows are greatly appreciated!
Long
by Droz_TA
1