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Rippleusd

XRP: We might be replicating 2013-2017 period!As you know, i've published previously a couple of ideas on XRP (since february) talking about this curious arc trend (pink line) and how XRP has respected it through its rallies. Besides XRP has found a strong support on a second touch on it (and probably the bottom), i noted that i was looking at the small pic of 2017 only in my previous analysis, but looking back further i could notice the similarity of the periods 2013-2017 and 2018- 2021 and here's why: -Both periods of accumulation lasted : 3.24 and 3.38 years (so far) respectively -the arc trend works the same way shaping the critical XRP supports when touching it -The second strong touch marks the impulse for the breakout Now if we are right, the next question becomes: would it also reach the crazy price % targets it reached in the first one? which might be around >200 dls?, sounds irreal but time will tell. Interesting fact is that all the bull cycle from the 2017 breakout lasted 276 days (that's less than a year!), will this one be around that long? *******Please click on follow for more charts on XRP and bitcoin!!********
BITSTAMP:XRPUSDLong
by CoqueTrader
7
XRP - 6h. Positive scenario only after consolidation above $1.07The weekend trading in the crypto market turned out to be quite passive. Of course, it is much more comfortable for investors to be in the market, which drifts without volume within the limits of consolidation, since the weekend of May 22-23 was the most depressive. However, for us personally, the situation with low volumes on a potential local bottom is somewhat alarming. Of course, on the one hand, this can be interpreted as exhaustion of sellers and stopping the downward trend. However, there are no positive signals from buyers yet. The current attempt at growth is taking place at low volumes and within the limits of consolidation may just as successfully fall down. We decided to start this XRP idea with just such an introduction, in order to lower the rose-colored glasses to those market participants who are 100% convinced that the correction has already ended. At such moments, we are as attentive as possible and monitor the critical points of trading instruments. Ten days ago, we published a global XRP idea on a large timeframe, which is working out well at the moment: Sellers were able to push the XRPUSDT price below the global trendline. The current attempt by buyers to bring the price back within the comfortable trend channel will be considered successful if the price consolidates above $1.07. In the range of $1.02-1.07 , sellers met serious resistance when the price fell on May 19. Therefore, taking control of this range by buyers will be a wonderful signal of their strength and ambition to continue to rise. In this scenario, we expect the first short-term target at $1.55-1.6. If we look at XRPUSD on a larger timeframe, we see that this target is the first on the way to a possible renewal of the historical high: A successful test of the range of $1.2-1.25 will be a signal to buy XRP. Having kept this range, in which the trend line will roughly pass, the buyers will confirm their serious intentions for the mid-term. In this case, we will expect a test of the historical maximum and even its probable renewal. It is worth noting that when the price of BTC fell, starting from Friday, other coins behaved quite decently. Altcoin prices held up much better. Therefore, there is a high probability of the start of powerful new coin shots while the price of BTCUSDT hovers in global consolidation after the recent crash. For example, the XRPBTC chart also hints at this: If we pay attention to the gray range, we see that during the last wave of growth, buyers are trying to take control of it by organizing consolidation there. In 2019, it was this range that stopped the XRPBTC trend for 8 months. At the moment, buyers were able to hold on to it and the way for a new upward impulse is open. Therefore, despite some disappointment of the crypto market participants, we expect new local growth waves, however, we adhere to clear critical points and risks. _____________________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
34
XRP looks like it will run on top the next really! Look at XRP today. We are currently crossing our MA resistance and pumping our way higher to the next fibo resistance. So xrp has in the lást months a lot of problems with sec. It looks like we will see some news in the near future regarding the lawsuit. A good conclusion would instantly push the price to new highs. So keep in mind. we are up already 10%. Maybe cost average would be a good way to get the risk away. As always have a nice day and leave a follow for daily news
Long
by wallet_trading
XRP, Ripple - 2 ways of movement⏳Four times price touched the local resistance line. But we didn't see a breakout. Now I see 2 scenarios: 1) Squeezing to the level. If the price starts to do it, it will be a great chance to buy after breakout and retest with sl. 2) Make re-low. If we do it quickly, it will be a big opportunity to bounce from the last low (0,6469). 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
by Yuriy_Bishko
8
XRP slides beneath $1, but bulls lock eyes on $1.2Ripple remarkably cleared the path to $1 after the nerve-shattering breakdown to $0.65. Moreover, the price lifted to $1.07 before losing momentum. On Wednesday, the primary battle was to keep XRP afloat at $1, although bulls lost the bid. A correction came into the picture, forcing Ripple to explore the area under $1 again. The previous support at $0.9 played an essential role in preventing declines from extending further. Meanwhile, XRP trades at $0.95 amid, as bulls plan another takeover. Ripple eyes another liftoff past $1 XRP bulls might have lost the fight above $1 but remain relentless in the mission to hit higher levels at $1.2 and $1.4. The technical picture currently sends mixed messages, especially with the Moving Average Convergence Divergence (MACD) stuck under in the negative region. This technical indicator identifies positions to buy the dip and sell the top. For instance, a buy signal occurred following the bounce from last week’s support at $0.65. The call manifests by the MACD line (blue) crossing above the signal line. Note that the trend would have tuned massively bullish if the indicator cracked into the positive region. With the MACD line likelihood of sliding under the signal line, the bearish grip will become stronger. A break above $1, a resistance highlighted by the 50 Simple Moving Average (SMA), would call more buyers into the market. A surge in the tailwind force is bound to bolster Ripple past the critical $1.2 level and perhaps resume the uptrend heading to $1.4. Ripple intraday levels Spot rate: $0.95 Trend: Bearish biased Volatility: Low Support: $0.9, $0.8 and $0.65 Resistance: $the 50 SMA, $1.2 and $1.4
BITFINEX:XRPUSDLong
by CoinGape
1
XRP price tiptoes above $1Ripple intends to deal with high gas fees in the non-fungible token (NFT) marketplaces. Despite the NFT flooding the cryptocurrency space headlines, especially in the first quarter of 2021, high gas fees have almost crippled the sector. The drastic rise in the NFT culture is a story to reckon with; however, users are forces to accept dwindling interest due to the challenging process of transferring ownership. On the brighter side, Ripple has made public the plan to combat the challenge by integrating the NFT marketplaces on the XRP Ledger. The development will favor both buyers and sellers in the relatively new sector. Moreover, the integration is a welcome for all, keeping in mind that the novel consensus XRPL uses to validate transactions utilizes minimal amounts of energy. According to a statement from the blockchain company: “Building on the XRP Ledger provides developers a unique opportunity to run more sustainable NFT apps and marketplaces while eliminating a heavy burden for the planet.” Ripple price rises above $1 Ripple had on Tuesday corrected from levels marginally above $1 after bulls ran out of steam to continue with the uptrend trailing from the primary support at $0.65. Higher buyer congestion at $0.9 ensured that focus remained on recovery; hence, the liftoff above $1. The Moving Average Convergence Divergence (MACD) indicator validates the prevailing uptrend as it closes the gap to the zero line (0.00). Besides, the MACD keeps widening the divergence above the signal line, affirming the bullish grip. Similarly, the Relative Strength Index (RSI) has a bullish outlook based on its movement from the oversold area toward the overbought region. On the upside, XRP must deal with the resistance at the 50 Simple Moving Average (SMA), which will allow bulls to gaze at higher levels around $1.4. Ripple intraday levels Spot rate: $1 Trend: Bullish Volatility: Low Support: $0.9 and $0.8 Resistance: the 50 SMA, $1.2 and $1.4
BITFINEX:XRPUSDLong
by CoinGape
1
XRP retesting supportRipple is retesting support at 0.6367 level. We can observe it to respect that price and bouncing of of it. This level represents top of triangle we were talking about in March this year. On top of that XRP is forming a channel so there is a chance for nice pull back. Ichimoku: Chikou under price, SS1 under SS2 plus we experienced massive drop below Kumo, retest and further fall. Personally I took my chances and Bought at the retest and hoping for at least temporary growth. Hopefully Crypto will recover and we well have another move up.
KRAKEN:XRPUSD
by RafalZuchowicz
XRP - Finally We Have Tested A Big Support Level Hi, this is my new update for XRP. In the last 7 days XRP has fallen over 60% and I know most people will panic selling right now, but I hope this analysis helps you little bit. 2 months ago when we broke the 3 years resistance level $0.65-0.75, we never backtested it, but today we finally have done it + we have backtested the SMA200 and I expect this level is strong enough to hold. If we compare this structure to 2017 bullrun, we see something similar and that is a big pullback around 60% and we all know what happened after that, so if we repeat the same structure it will take us all the way to 4.236 fibonacci level, also $10. I expect this to happen when Bitcoin is retracing from $32000 to $47000-52000 and after that the bullrun in crypto is DONE. I say this because XRP is always lagging behind and it is one of the coins that has always finished the bullrun in crypto. So be patient and don't Panic.
BITSTAMP:XRPUSDLong
by GOAT1375
12
Short term Short opportunity for XRPXRP is moving south again and going by the chart, it is heading towards point E on the chart. This is would be end of the cycle and XRP should bounce off point E and then breaking the upper part of the triangle. What would be interesting to see if it will be able to break the Resistance at $1. If it does then its good sign. however it looks unlikely. If you like my analysis then do drop a LIKE and a COMMENT. Also do SHARE it with your friends. Also don't forget to smash that FOLLOW button to get daily analysis of multiple crypto currencies and sometime ASX stocks. Note - These are my personal notes and in no way a financial advice. Do your own research and Trade wisely
Short
by Manjyot