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!
Rippleusd
I'm Pretty Bullish on XRPUSD my active thoughts for XRPUSD and XRPBTC
I believe XRPUSD will experience extreme growth
Hence the very bullish bars pattern placed (its just a guess)
Being so close to the horizontal line on XRPBTC is great because it suggest price will be rejected bullishly as this in history has been a point of rejection
Hodl strong XRP army, your time is coming too
XRP/USDT Reccumulation!Hello my beauties.
For those of you who missed it, this is my previous analysis for XRP/USDT, it seems like the schematics are playing out nicely so far. Check description for previous analysis, the price reacted to the areas evidenced.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
Peace.
Luca, TrickleDownFX
MY MINIMALIST ANALYSIS FOR $XRP10.15.21 0645H +8 SINGAPORE
ALERT: HITTING TARGETS SINCE ENTRY, WE HAD PARTIAL EXIT & NOW ON OUR TOP-UP AREA OF VALUE
HOW TO USE MY CHART
It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it.
Created on a WEEKLY & DAILY Analysis of Dynamics of the Market.
LARGE BOXES are major pivots that will occur, while the small boxes are MINOR PIVOTS. These can be entries to a BUY/ SELL POSITION or an EXIT/PARTIAL EXIT/TOP-UP AREAS.
Watch out for Chart Patterns, Candlestick Math, Market Dynamics, and your Fibs.
This CHART is best used without indicators.
Price action, candlestick /bars, and FIBS alone will be sufficient as a major deciding factor for this MINIMALIST CHART.
Disclaimer:
The findings/predictions of the following analysis are the sole opinions of the publisher of this idea and must not be taken as investment advice.
Thank You for your appreciation and support.
XRP Rejection From $1.2 Closes In On $1 As More Declines Beckon
XRP price forced below $1.1 and the 100 SMA following overhead pressure at $1.2.
The MACD and the RSI emphasize the emergent selling pressure, risking Ripple’s freefall to $1.
Ripple had gradually and with struggle rose to $1.2 during the weekend session. In September, the international money transfer token lost ground to $0.86. The lower prices allowed more buyers to come, thus lifting the token above $1. Bulls have their eyes glued on $1.4, but the barrier at $1.2 and $1.1 currently limit their efforts.
XRP Price Faces Short-term Resistance At the 100 SMA
Ripple trades around $1.09 at the time of writing. This follows a rejection from $1.2, as mentioned. The 100 Simple Moving Average (SMA) emphasizes the immediate resistance. If bulls do not recover above this level, and by extension $1.1, overhead pressure is bound to increase, leading to more losses to $1.
The Moving Average Convergence Divergence (MACD) adds credence to the bearish outlook. A sell signal will likely confirm in the incoming sessions. It will manifest as the 12-day Exponential Moving Average (EMA) crossed below the 26-day EMA. The odds for a further breakdown will soar if the MACD moves to the mean line and crosses into the negative region.
Note that the Relative Strength Index (RSI) validates the sellers’ grip on Ripple. This technical index follows the trend of the asset and calculates the strength. A continuous downward movement shows that sellers have the upper hand. Traders should be on the lookout for more action under the midline, which will add weight to the pessimistic narrative.
On the upside, Ripple must reclaim the position above the 100 SMA on the 12-hour chart and $1.1 to resume the uptrend. A move such as this will confirm to the investors that the token has what it takes to sustain an uptrend to $1.4 in the near term.
Ripple Intraday Levels
Spot rate: $1.09
Trend: Bearish
Volatility: Low
Support: $1.05 and the 50 SMA
Resistance: The 100 SMA and $1.2
Good days are coming for ripple in the next few weeks!ripple is now struggling to break a resistance, it is so underpriced right now and I think that it can break the resistance. the ripple value is so much higher than this and now there is a good opportunity to buy and hold it in the next weeks or even months.
Ripple makes offshore transactions so much easy and has a great future roadmap too. Always buy and hold coins with good fundamental reviews. I assure you that ripple is one of them.
XRP Buy a Break Setup.Ripple - Intraday - We look to Buy a break of 1.102 (stop at 1.068)
Short term bias is mildly bullish.
Daily pivot is at 1.100.
A break of bespoke resistance at 1.100, and the move higher is already underway.
The previous swing high is located at 1.089.
Our profit targets will be 1.196 and 1.216
Resistance: 1.050 / 1.100 / 1.150
Support: 1.000 / 0.950 / 0.900
inverse and complex HS formation is eye-balling 2,22$ for XRPIt almost seems as if everything is going like clockwork for Ripple. The only positive news that seems to be missing is that the company manages to settle the legal dispute with the US regulator SEC.
The Ripple price also shows that something could be brewing with the native altcoin XRP. According to the chart below, a complex head-and-shoulders bottom formation is currently forming. This has a head (H), two left shoulders (LS) and two right shoulders (RS).
The chart pattern as such is considered very reliable with an error rate of just 6%. It also reaches its minimum price target in more than 8 out of 10 cases and this is where it gets interesting. Because according to the formation pattern here, it results in a Ripple forecast of $2.22.
This price target is about 120% above the current price level of $1.02.
However, there are a few reasons why this price target should be taken with a grain of salt. First of all, the general market situation is currently quite uncertain. Furthermore, the neckline is sloping downwards. This is a first possible sign of weakness. Last but not least, the volume on the XRP token is still quite low.
Accordingly, it may be a good idea here to observe the situation a bit more. What is still missing here as the last confirmation of the chart pattern is the breakout of the neckline.
This breakthrough should be very clear and under a relatively strong increase in volume. Otherwise, there are certainly better trading opportunities on other days on other charts. However, those who are comfortable with risk can also risk an early placement in the market with the right risk management due to the general reliability of the chart pattern.
RIPPLE - $XRP - [WYCKOFF] PHASE DPhase D
The Phase D represents the transition between the Cause and Effect. It stands between the Accumulation zone (Phase C) and the breakout of the trading range (Phase E) .
Typically, the Phase D shows a significant increase in trading volume and volatility. It usually has a Last Point Support (LPS) , making a higher low before the market moves higher. The LPS often precedes a breakout of the resistance levels, which in turn creates higher highs. This indicates Signs of Strength (SOS) , as previous resistances become brand new supports.
Despite the somewhat confusing terminology, there may be more than one LPS during Phase D. They often have increased trading volume while testing the new support lines. In some cases, the price may create a small consolidation zone before effectively breaking the bigger trading range and moving to Phase E .
more information on the Wyckoff Method Explained here in Binance Academy
XRP , Crazy Inverse Head And Shoulders pattern! 200% gain ahead hello everyone ,
so as y'all see in this chart , XRP is making inverse head and shoulders one after another one . target zone is shown in the chart and guys we can't trust this pattern until it gets completed . so wait for the right shoulder to get to the neckline , if it broke the neckline and went upper , we will witness a huge pump to our red zone , like the way it did in the last pattern.
if you liked the idea , just give it a like .
and if you wanna see more of these , follow , heck of analysis are on the way !