XRP expecting good gains! XRP looks good, I am expecting a small pullback before it makes a higher high !
The general market does not look too bad right now, it may be a good occasion to make some profit during next week.
For more information check my tutorial videos ! I do my best to explain the basic behind the market in those videos.
Have a nice weekend!
Rippleusd
💡Don't miss the great buy opportunity in XRPUSD @Ripple
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.5803).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XRPUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 49.
Take Profits:
TP1= @ 0.7069
TP2= @ 0.8169
TP3= @ 0.9298
TP4= @ 1.0681
TP5= @ 1.1959
SL= Break below S2
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💡Don't miss the great buy opportunity in XRPUSD @Ripple
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.5803).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XRPUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 49.
Take Profits:
TP1= @ 0.7069
TP2= @ 0.8169
TP3= @ 0.9298
TP4= @ 1.0681
TP5= @ 1.1959
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
RIPPLE: Critical hurdle ahead Technical analysis of Ripple (XRPUSD) - viewing in the H4 chart
XRP / USD has been on a multi-day recovery trend that is currently facing resistance. A decision to continue the rally or to resume the overall downtrend should not be long in coming.
The ripple is in a medium-term corrective downtrend against the USD after a lively rally to a record high at 1.9670 USD. Starting from the 3-month low at $ 0.5097, the coin initiated a recovery move that remains intact. In the context of the three-wave recovery so far, it marked a high at USD 0.7331 and bounced off the short-term downtrend line located there. Most recently it found support on the recovery trendline from the June low.
Decision is near
We consider the short-term starting position to be neutral. A decision on a possible continuation of the recovery rally or a resumption of the medium-term downtrend should, in our opinion, be made soon. A break across the resistance zone at currently USD 0.7050 / USD 0.7331 would play into the hands of the bulls and make further price gains towards USD 0.7915 and USD 0.8536 (23.6% fibonacci retracement) likely. With a break above the interim high at USD 0.9300, there would also be a clearer brightening of the medium-term technical starting position with further rally potential towards initially 1.0664 / 1.1000 USD.
Bearish scenario
On the other hand, a sustained slide below the current support at USD 0.6478 would be critical for the bulls. The starting position would be immediately bearish with a breach of the interim low at USD 0.5815. In this case, we would favor retesting the previous correction low at $ 0.5097. We believe that the significant shortfall would signal an immediate continuation of the sell-off towards the USD 0.32-0.43 zone.
Note:
Despite careful analysis, Global Investa does not accept any 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.
XRP rejected from $0.72 amid multiple sell signals
Ripple price gained ground to settle briefly above $0.7 but hit a barrier under $0.72.
Losing support at $0.7 opened the Pandora box as a correction to $0.64 becomes apparent.
Ripple price was able to break the resistance at $0.7 on Tuesday. This move allowed bulls to stretch the up leg to $0.72. However, the seller congestion at the 200 Simple Moving Average (SMA) on the two-hour chart stopped the bullish action.
In the meantime, XRP trades at $0.68 after losing support at $0.7. If the ground above $0.7 is not reclaimed soon, losses will likely extend toward $0.64. At the moment, the path with the slightest hurdles seems downward, as observed from the short-term technical picture.
Why could Ripple price declines soar in the near term?
Ripple’s short-term technical picture is flipping massively bullish, according to the two-hour chart. Applied technical tools such as the Moving Average Convergence Divergence (MACD) are about to send a bearish signal. The indicator follows the trend of an asset and measures its momentum.
When the MACD line (blue) crosses below the signal line, it is a call to sell, as observed on Ripple’s chart. Moreover, traders watch out for the MACD crossing under the zero line into the negative territory to validate the downtrend.
As the bearish momentum gains power, the Relative Strength Index (RSI) shows that bearish aggression intensifies. Unlike the MACD, the RSI follows the trend of an asset and calculates its strength. A sharp drop from the oversold area suggests that sellers are entirely in control. Breaking below the midline and toward the oversold region would cement the bears’ influence in the market before the bulls turn the trend around.
On the other hand, a golden cross pattern has occurred with the 50 SMA crossing above the 100 SMA. The pattern infers that the uptrend is still intact despite the correction, and Ripple price will likely secure higher support, leading to its resumption.
Ripple intraday levels
Spot rate: $0.68
Trend: Bearish
Volatility: High
Support: $0.64 and $0.58
Resistance: The 200 SMA
RIPPLE (XRP/USD) 10% BULLISH MOVE INCOMING!Hey family!
Chart speaks for itself, didn't have too much time for a full breakdown.
Technical Analysis Prediction for Ripple (XRP/USD).
> INVERSE HEAD & SHOULDERS FORMATION
> PENNANT FORMATION
> REVERSE 'M' FORMATION
> BTC POSITIVE BULLISH PRESSURE
> USING STRONG DEMAND ZONE
Love, peace, Seb.
XRP could continue to FALL sharply!Hey tradomaniacs,
after a breakout of the trendchannel and a re-test of the support-zone we have seen volatile absoprtion of strong holders which are now likely to get stopped out of the market continues to fall!
The resistance is holding for now, and if bitcoin breaks below the range as I expect it is more than likely to see ALT-COINS blood aswell.
Technically, with the previous rejection of the ex-demand-zone worth to give it a try!
Let`s see :-)
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XRP Divergence and Trend AnalysisXRPBTC is showing a bullish divergence
While XRPUSD is struggling to hold above 0.5 Fibonacci retracement level
I believe this level will hold and XRP is headed a lot higher, it just may take some time. The bullish divergence on the BTC pair is evidence for this assumption.
XRP - That is what is happening!!! 🚀🚀Update on Ripple!!!
After a long trade in the area, xrp fell 35%, broke through the $0.65 support level, gathered liquidity below the $0.52 level, and bounced back to the $0.65 level. The price has now squeezed near that resistance level.
I think the price could break this resistance level and move up into the value area, I am now looking for entry opportunities.
Guys, don't forget about stop losses, it will save your money!
Write in the comments all your questions and instrument 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
Ripple’s 30% rally bows to selling pressure under $0.7
Ripple gained ground to $0.67 after the massive weekly selloff to $0.52.
Overhead pressure under $0.7 results in a retreat to $0.6.
The MACD reveals that XRP is still in the bulls’ hands.
Ripple suffered greatly under the battering jabs from the bears at the beginning of the week. The feared downfall to $0.5 occurred as XRP tumbled to $0.52.
Meanwhile, a recovery followed swiftly, with Ripple gaining the lost ground above $0.6. The bulls stretched the up leg toward $0.7, but the momentum lost steam at $0.67.
At the time of writing, trades at $0.62 following a minor correction. Holding support at $0.6 is crucial for the resumption of the uptrend. However, Ripple may retreat further before bulls throw another jab at $0.7.
Ripple’s weakening on-chain metrics could be hindering recovery
On-chain metrics play a key role in the performance of most crypto assets. Understanding the signals from the metrics helps investors make informed decisions.
According to data from Santiment, the number of new addresses joining the XRP has dwindled over the last 30 days. Moreover, the XRP price has been falling in tandem with the addresses. For instance, from a 30-day high of nearly 4,800 addresses created on May 24, only 2,055 addresses were created on the network on June 23.
On May 24, Ripple exchanged hands at $0.86, but the price had fallen to $0.64 on June 23. Declining network growth is usually a bearish signal, ascertaining that the project is losing traction. Hence, if the metric fails to turn around, XRP price will likely delay recovery or continue exploring the rabbit hole.
On the flip side, the Moving Average Convergence Divergence (MACD) hints at the trend remaining in the bulls’ hands despite the correction from $0.68. Realize that the bullish outlook emanates from the MACD line (blue) sustain the divergence above the signal line. Besides, holding above $0.6 support may allow bulls to focus on recovery toward $1.
Ripple price intraday price levels
Spot rate: $0.62
Trend: Bearish
Volatility: Low
Support: $0.62 and $0.52
Resistance: $0.7 and $0.85
Ripple price flashes remarkable buy signals
Ripple price begins recovery after diving to $0.57.
The TD Sequential indicator presents a massive buy signal as buyers take their positions.
XRP aims at closing the day above $0.78 to set the precedence for the trajectory to $1.
Ripple slipped below May’s crucial support at $0.65 to trade a two-month low of $0.57. The selloff affected most crypto assets, starting with Bitcoin’s drop to $30,000.
When writing, the international money transfer token teeters at $0.62 amid a gradually building bullish momentum. Perhaps a daily close above $0.7 will call more buyers into the market upon Ripple regaining market stability.
How formidable are Ripple’s buy signals?
The TD Sequential indicator has recently flashed a buy signal on the 12-hour chart. This is a chart overlay tool that measures the volatility of an asset while tracking its trend. A buy signal forms in a red nine candlestick and implies that buyers get stronger as the bearish force fades.
On the other hand, a sell signal presents in a green nine candlestick, implying that selling pressure is about to balloon while bulls lose their grip. With a buy signal intact within the overall technical picture, massive gains are anticipated.
The growing uptrend is reinforced by the Relative Strength Index (RSI), gaining momentum after leaving the oversold region. Action toward the midline will cement the growing bullish grip.
Subsequently, traders should watch for movements in the MACD. If the MACD line crosses above the signal line, the buy signal will be validated. Holding above the short-term support at $0.6 is crucial to sustaining the uptrend, while closing the day above $0.7 may bolster Ripple significantly upward.
Ripple intraday levels
Spot rate: $0.63
Trend: Bullish
Volatility: Growing
Resistance: $0.7
Support: $0.6 and $0.57
Ripple- Next target 0.4?As expected, XrpUsd has broken 0.8 support and now is trading at 0.75
My outlook for the crypto market remains grossly bearish and I expect Ripple to reach 0.4 in the next wave of selling
0.8 is now resistance and rallies to that zone should be sold
Only Ripple above 1usd would put a pause on this outlook
$XRP short-term to long-term outlook and planAfter a strong move from $0.21 on the 4th of January $xrp got to a peak of $1.66 on the 26th of April 2021. So far it has broken down below the support at $0.86 which has turned to resistance, a bearish pinbar candle has formed at the new resistance, and there is a good chance that price falls all the way to the next level of support at $0.46. Which is also the 61.8% Fibonacci retracement of the 4th January rally to $1. 6. The $0.4 support would also indicate a higher low for $xrp which means the uptrend will continue. Expecting $xrp to go from $0.46 to $5.16 which is the 0.618 extension level. I plan to risk 3% of my
With the hope of making 10x of that.
XRP HASN'T HAD ITS BULL RUN YET - CryptoManiac101XRP / USD TA
Just as the we see market turn bearish for a few days and finally get neutral/negative SEC news about the case delay in the Ripple case, we are literally skating on the newly found support/bottom. Many so called 'diamond hand' investors decided to sell, while financial institutions began hoarding more that ever before.
Enjoy the show whether you're in on out!
Thursday: Ripple - Week 24Check related ideas.
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
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Why Ripple Price Holding Above $0.8 Fails To Excite Investors?Ripple dealt with massive bearish calls last week amid the drop from levels slightly above $1. Many analysts believed that the cross-border money transfer token headed for a significant dive to the support in May at $0.65 and perhaps extend the down leg to $0.5.
However, XRP eagerly embraced support at $0.8, allowing bulls to push the price to higher levels. Nonetheless, since the week started, the international money transfer token has not made any appreciable gains above $0.9.
When will Ripple price come out of this crucial range?
In the last few days, XRP sustained in a narrow range between $0.8 and $0.9. The immediate downside sits on top of the 50 Simple Moving Average (SMA) support on the four-hour chart.
As long as this support is intact, bulls will focus on gains above $0.9 and toward $1. On the other hand, closing the day under this same level may see XRP testing the lower range limit at $0.8.
The Moving Average Convergence Divergence (MACD) indicator currently levels at the zero line. This indicator identifies positions to buy the dip or sell the top, especially in a trending market, by following the asset’s trend direction and momentum.
Note that the leveling motion has no definitive direction; thus, Ripple price consolidation will likely continue to the end of the week. However, the MACD line (blue) may help traders figure out the next breakout direction.
A MACD line crossing above the signal will be a bullish signal, calling buyers to increase their exposure in anticipation of gains toward $1.
On the flip side, the MACD line crossing beneath the signal line would imply that losses would take precedence. Apart from $0.8, other key anchor zones are $0.7, $0.65, and $0.5.
Ripple price intraday levels
Spot rate: $0.86
Trend: Sideways
Volatility: Low
Resistance: $0.9
Support: $0.8, $0.7 and $0.65