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Rippleusd

XRP Price Explodes To $1 As Altcoins Surge XRP price extends the bullish leg, stepping above $1 for the first time since May. Ripple’s ongoing breakout seems unstoppable, especially if bulls hold firmly to $1. Ripple has been one of the best-performing cryptocurrencies in almost three weeks. The international money transfer token currently trades 96% higher than the low in May and July. Support at $0.5 played a critical role in ensuring that losses did not explore levels toward $0.4 and $0.3, a move that may have paralyzed the bulls entirely. Subsequently, the persistent push from the bulls guaranteed that investor interest was sustained. Hence the massive buying pressure behind Ripple. Several barriers have been shattered so far, including the 200 Simple Moving Average (SMA), $0.8, and the three-month descending trend line. The latest boost being a break above the barrier at $1. At the time of writing, Ripple is teetering at $1.03 while bulls gaze at the short-term hurdle at $1.1. Trading above this level will elevate XRP to $1.2, thus paving the way for another run-up to $1.4. XRP Price Still In The Bulls’ Hands The short-term technical picture on the daily chart is highly bullish. Note that the Moving Average Convergence Divergence (MACD) extended the bullish outlook above the mean line. Moreover, a buy signal presented in July reinforces the bullish grip on the price. As long as the MACD keeps rising, we expect Ripple’s up-trending market to remain intact. Similarly, the SuperTrend indicator recently sent a signal for traders to consider buying XRP. This technical index follows the trend of an asset like a moving average but incorporates the average true range (ATR) in its calculations, thus gauging market volatility. The buy or sell signals presented by the SuperTrend are supposed to help traders identify the long-term trend of an asset and mark entry and exit positions. With the buy signal in place, Ripple has the potential to keep rising in the near term. Hence, support above $1 and perhaps a break past $1.1 will bolster the token significantly toward $1.6. Ripple Intraday Levels Spot rate: $1.03 Trend: Bullish Volatility: Low Resistance: $1.1 and $1.2 Support: $1 and $0.8
BITFINEX:XRPUSDLong
by CoinGape
2
XRP - Spike incoming?XRP has a history, at least since July 2020, of explosive runs after the 1D 20MA crosses above the 1D 50MA, and it usually begins from a relatively high position on the RSI between 50 and 60 and the MACD MAs above the zero line. In the case of the most recent cross, it occurred with the RSI at 59 and the MACD MAs above the zero line, so this current structure, if I can call this current confluence of factors a structure, is completely consistent with past price spikes. These spikes have resulted in gains from 73% to 260% from the time when the event occurred. Could we be seeing a similar breakout occur now? Let me know what you think.
BITTREX:XRPUSDLong
by Crypto-Swing
11
XRP Crumbles From July Highs, Risks Exploring Levels Under $0.7 XRP price failed to extend the bullish leg to $0.8 following the gains on the weekend. Ripple hunts for support at the 50 SMA to avert losses under $0.7. The MACD and the RSI reinforce the bearish outlook, leaving XRP vulnerable to losses. Ripple price has continued with an upward roll started after July’s worst selloff that saw it plummet to $0.52. The international money transfer token seems to have restored investor interest, especially with the launch of the On-Demand Liquidity (ODL) remittance corridor between Japan and the Philippines. The payments corridor tapping into Ripple’s flagship blockchain service is significant because of the nearly $2 billion a year remittance market between the two companies. Following this news, XRP made hastes stepping above $0.7. The bullish leg stretched toward $0.8 over the weekend but stalled around $0.78 on some exchanges like Bitfinex. XRP Price Engages Reverse Gears At Full Throttle Ripple is trading at $0.72 in the wake of rejection from $0.78. Since the recovery began last month, the price action shaped in an ascending parallel pattern. The channel’s upper edge contributed to the overhead pressure, cutting short XRP’s bid for $0.8 and $1. Besides, a break under the middle boundary appears to have put bears completely in control. Hence, Ripple needs to hold the support at the 50 Simple Moving Average (SMA) and the channel’s lower boundary. This will ensure that losses do not stretch to $0.7 and explore levels further down. It is worth mentioning that the short-term technical picture is mainly bearish, starting with the Moving Average Convergence Divergence (MACD). A sell signal from this trend-following tool appeared when the 12-day EMA crossed below the 26-day EMA. Note that the odds for a bearish outlook soar as the MACD moves closer to the mean line. The Relative Strength Index (RSI) adds credibility to the bearish narrative, especially with the ongoing retreat from the oversold region. Sellers will get more aggressive if the RSI confirms movement below the midline and closes the gap to the oversold area. Ripple Price Intraday Levels Spot rate: $0.722 Trend: Bearish Volatility: Expanding Support: The 50 SMA and $0.7 Resistance: $0.75 and $0.78
BITFINEX:XRPUSDLong
by CoinGape
5
Ripple dropped 6.5% from its high, what next? Up? Down? 😱😱The Ripple topped out at $0.755, gathered liquidity, and is now correcting 6.5% from its high. Now the price has come to the local support zone, there is a chance that the price will go even lower than the local liquidity zone and then go up. If Ripple follows our scenario, comes to the boundary of $0.756, and starts to tighten, it would 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
by Yuriy_Bishko
9
Ripple Price Skyrockets To $0.75 But Uptrend In Jeopardy Ripple price ascended to $0.75 on Wednesday as an On-Demand Liquidity corridor debuted between Japan and the Philippines. A correction is underway, with the price sliding back $0.7. Ripple remarkably broke out mid-week, flying the bullish flag high above the crypto horizon. The news reverberated across the market that the blockchain company would launch a new On-Demand Liquidity (ODL) corridor between Japan and the Philippines. The primary goal is to tap into the nearly $2 billion per year remittance market between these two countries. The news was a breath of fresh air for XRP as more investors streamed into the market, perhaps to take advantage of a potential rally. As buying pressure behind Ripple surged, the token shot above $0.7 and stretched the bullish leg, brushing shoulders with $0.75. Ripple Price Corrects As Investors Take Profits The recent drop to $0.52 could have harmed most investors. However, there was hope that they will resurface from underwater and gasp for air. Intriguingly, technical levels joined hands with the fundamentals, boosting XRP to $0.75. However, the resistance at the week’s high cut short the uptrend, killing the hope for the international money transfer token trading above $0.8. At the time of writing, Ripple has retreated to $0.7 amid an uptick in overhead pressure. The correction is mainly accentuated by the desire for investors to take profits before rejoining the market. The Relative Strength Index (RSI) indicator has also retreated from the overbought area and sharply falls to the midline.  This technical tool tracks the trend of an asset and measures its strength. A sharp drop toward the midline and the oversold is indicative of a firmer bearish grip. More sell orders will also be triggered if Ripple makes a four-hour close under $0.7 and the ascending parallel trend line’s middle boundary. Support is expected at $0.65 and $0.62, respectively. If push comes to shove, the token might explore areas under $0.6 again. Ripple price intraday levels Spot rate: $0.69 Trend: Bearish Volatility: Growing Support: $0.65 and $0.62 Resistance: $0.75 and $0.8
BITFINEX:XRPUSDLong
by CoinGape
Ripple: bullish breakoutAfter Ripple (XRPUSD) started a recovery rally from the 3-month low at USD 0.5097 in June to USD 0.7331, there has been a weak attack in the past few weeks and another successful test of the low. The most recent price surge finally carried the coin lively over the downtrend line from the rally high. Soil formation ahead? The short-term chart image has thus brightened. In order to generate a resilient medium-term floor, the USD 0.7331 mark would now have to be sustainably surpassed. We consider the probability of at least one push at this critical hurdle to be high as long as the support at USD 0.5911 is not undershot. With a break above the mentioned hurdle, we would consider a continued increase towards USD 0.7900, USD 0.8536 and USD 0.9300 possible. Focus on support However, a slide below USD 0.5911 and then USD 0.5754 would immediately turn the technical bias to bearish. In this case, we would favor a timely reunion with the medium-term critical support zone at USD 0.5097 / USD 0.5162. In our opinion, a significant shortfall would indicate an immediate continuation of the higher-level sell-off from the record high in the direction of the USD 0.32-0.43 zone. Note: Despite careful analysis, Global Investa accepts no liability for the content, topicality, correctness or completeness of the information provided. The information provided does not constitute investment advice, purchase recommendations or investment brokerage.
BITSTAMP:XRPUSD
by Michael-Neubauer
XRP MACD Bullish Cross!!! Win!Hello IWealth Here, I have been Trading and Teaching for 7 years. and im happy to share my idea that could help you in the crypto space. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------ XRP is looking great because on the 2 day chart we have a bulling cross on the MACD, the momentum looks to be shifting to the upside now since it been oversold and low for a while. I expect a bullish month for august for xrp!
Long
by IWealthCommunity
1