Rippleusd
#XRP/USDT Broke out. 42% potential Rally Ahead!!Welcome to this quick Update, everyone.
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I also post altcoin setups on Spot, Margin, and Futures.
Let's get to this setup.
XRP is broke out of the Triangle.
A retest is due and the retest will be the opportunity to buy some or long with low leverage.
Best Entry :- $1.18 to $1.27
Targets:-
$1.43
$1.56
$1.61
$1.72
Stop Loss:- $1.09
Caution:- It's very important to be careful now. I am seeing breakouts in Alts everywhere while BTC shows Bearish divergences. So things are quite uncertain
Since the market is looking very bullish expect some correction here.
IMO Adding on partially would be a good idea and If you want to trade on futures, better wait for the right green candle for the right confirmation above the triangular resistance turned support trendline. Also, DYOR before taking this trade.
If you are new to trading, avoid any long or short atm.
What's your thought on this?
Do hit the like button if you like this setup and share your views in the comment section.
Thank you
#PEACE
XRP: massive explosion immenent (XRP has waited long enough!)Hi Traders,
We are looking at the 4 hour chart.
As we can see, two massive cup and handle's have formed .
Furthermore, it looks like a mac-d cross is imminent
Good news concerning ripple's law suit could jump start the price.
This is not financial advice, I am not a financial advisor.
Enjoy
XRP - two scenarios 🚨😧So far, the chart situation of many cryptocurrencies is uncertain. Ripple is no exception. So I will try to show 2 possible scenarios and what to do in both cases.
On the xrp chart, you can see a sloping trend line right now.
If the price tests this level as resistance, it will very likely be a good selling opportunity. If the price breaks through and tests the trend line as support it will be a good buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
XRP LONG If XRP is able to hold above the 1.06/1.09 support, I expect a break towards 1.32 and then 1.35, if momentum holds at these levels, we could see a further move up towards the longer term 0.702 retracement level that sits around 1.53. Also at the 1.53 level is the 1.618 fib extension from the current pull-back (1.35 - 1.05)
A break below the 1.06/1.09 level, would likely find support at the psychological level of 1.00 and then the 20 day EMA of 0.98.
Ripple: My lovely CryptoOK. Now here we`re watching new engulfing and fake out in this level
In my idea we`ll expecting one small or big retrace and after that maybe continuation of up trend will expected.
In the most optimistic case, it can reach to higher level from here, but I think it is very unlikely
Ripple Price Analysis: Can XRP Rally To $2 After $1.1 Holds?
Ripple price loses over 7% of the accrued gains in 24 hours, revisiting support at $1.1.
XRP must surmount the resistance at $1.4 and $1.6 to pave the way for an upswing to $2.
The MACD could flip bearish anytime as the 12-day EMA crosses below the 26-day EMA.
Ripple closed last week at $1.35, a move that had spurred investor interest and speculation for gains to $2. Nevertheless, a correction occurred with XRP losing some ground toward $1. Support at $1.1 plays a crucial role in ensuring that losses were mitigated, but data by CoinGecko shows that Ripple is trading 7.4% lower in 24 hours.
Ripple Price Recoils After Support At $1.1
The cross-border money transfer token currently teeters at $1.2 as bulls focus on lifting above $1.4 in the near term. According to the Relative Strength Index (RSI), bulls could have salvaged the situation, preventing continued correction.
Currently, the RSI, which follows the trend of an asset and measures its strength, is holding at 70. As it resumes movement into the overbought region, XRP is expected to lift higher.
Intriguingly, the 50 Simple Moving Average (SMA) may cross above the 200 SMA in the coming sessions, as per the 12 hours chart. Although this indicator is not a golden cross, it often ascertains a move north. Therefore, it could trigger another firm bullish grip as buyers take on $1.4 and $1.6 barriers.
It is worth mentioning that traders should be aware Ripple’s anticipated upswing may fail to occur, especially if the Moving Average Convergence Divergence (MACD) indicator flips bearish in the coming sessions. According to the exact timeframe, a sell signal is in the offing. The odds for an extended correction would increase as soon as the 12-day exponential moving average (EMA) crosses below the 26-day EMA.
The MACD tracks Ripple’s trend and calculates its momentum. A move toward the mean line reinforced the bearish outlook. Hence, it is one of the most crucial trend indicators, especially when identifying entry and exit positions.
Ripple Intraday Levels
Spot rate: $1.21
Trend: Bullish
Volatility: Expanding
Resistance: $1.4 and $1.6
Support: $1.1 and $1
XRPUSD short term view (15m)XRP formed a triangle pattern over the weekend which it fell through earlier today to find support around 1.206. Now trying to move back up I expect resistance to be found around 1.25, if this resistance holds, a move down to the 1.18 support seems inevitable, which if broken, could lead to a deeper pull-back to 1.09/1.10 levels. A break through 1.25 should send XRP up to the 1.30/1.32 level, which if broken would likely send price up to test the local high of 1.35. A break of 1.35 could send XRP on its way to test the long term 0.702 fib retracement level 1.53/1.55 (not visible on this chart).
XRPUSD - RIPPLE Ripple broke market structure and is on a bullish momentum. Might see lower down side but my bias is bullish.
Please share your opinion in the comments below and thank you for the support
XRP, 8 or 125 ???If I want to liken Ripple to a human, he is a mysterious spy 🕵️♂️ who has a great mission :)
Logically and technically, the target is $ 8 .
But this is Ripple!
And if it reaches to $ 125, I'm not surprised.
Anyway, I'll buy XRP now and sell it between December 20 and January 31 for either $ 8 or $ 125 🤷♂️
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'' See the analysis of others, but trade according to your decision. ''
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XRP BREAKOUT AND RESISTANCEXRP/USD is moving in the bullish continuation pattern which has formed a good resistance for it. Furthermore, XRP/USD is breaking the falling wedge pattern, we foresee that XRP/USD has the possibility to continue moving upward to the target area.
The roadmap will be invalid after exceeding the support or target level.
14 hours ago
Recommendation: Always trade with the use of risk management signals.
For more conclusions, we will appreciate your comments, likes and ideas.
Trade safe and always use stop loss.
XRPUSDIt seems we need to reconsider our beliefs a bit.
According to the charts, the first target in XRP is probably the range of $ 3 as the previous ceiling in 2018.
After that, there is a possibility of correction up to $ 2.
And then it prepares for the second goal in the next 7 months, the $ 5 range.
The XRP rate is expected to be above $ 10 in 2022.