XRP: VERY important levels to watch over the next 48 hrs>Good afternoon to those that survived yet another FUD sell off in the crypto market. Quick update to XRP as we are now seeing bulls re-enter around the 1.44-1.47 zone. Critical we hold the nearest support fib level.
Opinion(72 hr timeline):
Look for heavy resistance at the red box nearest the fib trend line.
If we break through, we are likely to follow with a short lived pull back. The pullback shouldn't be violent but rather gradual and short lived, this is to bring up the S&EMAs for support as we look to break through the second red zone. This zone is our 2nd near term & major resistance prior to pushing to ATH's.
Look to take some profits at the green Target price level, ill be sure to update the feed as we approach that zone, if things look strong still take profits, but instead of 20% of your position take 10%. If you are day trading, always cost average your entries and exits or you may as well go burn your cash now to save some time >:)
Rippleusd
RIPPLE:BREAKOUT BULLISH FLAG AND PRICE GROW FAST-LONG IMPULSE 🔔Welcome back Traders, Investors, and Community!
Check the Links on BIO and If you LIKE this analysis, Please support our page by hitting the LIKE👍 button
Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
Have a Good trading day!
XRPUSDT Channel BreakoutXRPUSDT(4H CHART) Technical Analysis Update
Channel Breakout
XRP/USDT currently trading at $1.42
Buy-level: $1.40 - $1.44
Stop loss: Below $1.30
Target 1: $1.52
Target 2: $1.61
Target 3: $1.68
Target 4: $1.76
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
XRP Long - BULLISH SIGNALSA Fibonacci Circle pattern taken from the absolute recent bottom to the absolute recent top indicates which resistant areas XRP is currently in. XRP is also reaching the end of a descending triangular pattern in its consolidation stage. Whether you believe it will rise very soon, which i do, should be heavily influenced by the current market conditions as this can make or break its run. Overall I am BULLISH on XRP.
*NOTE: NOT FINANCIAL ADVICE. ALWAYS DO YOUR OWN RESEARCH BEFORE TRADING OR INVESTING. ANY LOSSES/PROFITS YOU MAY ENCUR ARE SOLEY DOWN TO YOU.*
XRP, Ripple - a price is closer to support. What's next?Friends, as you can see the price is near the support level of the larger triangle. Now is a good time to buy But!!! only with Sl below the level. It's not clear whether bitcoin will go for a third fall. So don't rule out the possibility of falling Ripple also. I repeat, if you wanna enter - do it only with a SL.
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
Ripple price firmly holds crucial support as $2 beckons Ripple once again lost steam during an approach to $1.6. A correction began on Wednesday as bears put pressure on the support areas at $1.5 and $1.4, respectively. The news that Tesla had suspended Bitcoin payments for its electric vehicles sent the market in bloodshed led by BTC’s drop under $50,000.
Ripple could resume uptrend toward $2
The retreat from highs close to $1.6 embraced an anchor at $1.33, reinforced by the 50-day Simple Moving Average (SMA). This anchor brought back some semblance of stability in the market and prevented Ripple from exploring levels toward $1.
At the time of writing, XRP trades at $1.35 after bouncing off the critical support. On the upside, a delay is expected at $1.4, but once the hurdle is broken, Ripple bulls may start lifting to higher levels.
The Relative Strength Index (RSI) reveals that the bullish grip is becoming stronger. This move comes after the trend strength indicator bounced off support at 45 and is currently moving to the midline. A continued movement toward the overbought region would affirm to the investors that the slightest resistance path is upward.
It is worth mentioning that Ripple is not out of the woods yet based on the Moving Average Convergence Divergence (MACD). For instance, the MACD line’s divergence under the signal line keeps widening, insinuating that the bearish outlook is apparent. Therefore, it calls for caution and waiting for a validated break before going all-in on XRP.
Ripple intraday levels
Spot rate: $1.35
Trend: Bullish
Volatility: Low
Support: $1.33, $1.2 and $1
Resistance: $1.4, $1.6 and $1.8
XRP selling slows down while buyers make a comebackRipple appears to have renewed the uptrend following the flash drop from $1.6 to $1.2. Overhead pressure seems to be diminishing as bulls take control. Several hurdles have already been overcome, whereby XRP currently trades at $1.52.
Ripple’s slightest resistance path is upward
The cross-border money transfer token is immediately supported by the 100 Simple Moving Average (SMA). Other key support levels include the 200 SMA, $1.4, and $1.2. As long as support areas remain intact, bulls will have ample time to focus on building the bullish momentum toward $2.
Meanwhile, Ripple’s immediate upside is limited by the 50 SMA. A confirmed break above this level is needed to reinforce the upswing eyeing levels above $1.6.
Various technical levels have aligned for an upswing to $2. For instance, the Relative Strength Index (RSI) shines a light on an improving bullish grip. Following the dip to the oversold region, the RSI recovered above the midline and imminently headed to the overbought area. XRP has enough room for growth because it is nowhere near overbought conditions.
The Moving Average Convergence Divergence (MACD) hints at the ongoing uptrend pulling to higher levels. This bullish impulse has come into the picture as the indicator begins recovering from the negative region.
Investors are likely to increase their positions in Ripple if the MACD line (blue) crosses and sustains a divergence past the signal line. Moreover, it is a massive bullish signal when the MACD strikes above the mean line (0.00).
Ripple intraday levels
Spot rate: $1.52
Trend: Bullish
Volatility: Growing
Support: 100 SMA, $1.4 and $1.2
Resistance: 50 SMA, $1.6
XRPUSDT (Ripple) Good BUY!XRPUSDT (1H CHART) Technical Analysis Update
XRP/USDT currently trading at $1.60
Buy-level: Above $1.55 - $1.60(Wait for the small retracement)
Stop loss: Below $1.48
Target 1: $1.67
Target 2: $1.71
Target 3: $1.76
Target 4: $1.90
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
RIPPLE CORRECTIONRipple is currently completing its last corrective wave iv of 3. The end of wave (C) will also make a retest to the ascending channel from which price broke out. This retracement can be expected to be around 50% of the lower degree impulsive wave iii.
Good buying price would be around $1.00/XRP, my target after this correction is $12
XRP BREAKOUT CONFIRMEDLadies and gentleman
Near missed it, this powerful breakout from the most talked-loved-hated cryptocurrency out there.
I can confirm the breakout, with a positive volume and (my sources) are Bullish finally.
Payday for the holders, a lot of action for day traders, war formation for marginals :)
In Ripple better trade with 20% SL and no TP (this is not an advice).
Consider my previous charts on XRP updated with the last.
MMM (Make Motherf.ckin Money)
Invest your money wisely, do it now.
#Ripple #XRP #H1 waiting for retest and long around 1.5 -1.6 On 6th May of 2021, on H1 the XRP/USDT have broken the down trendline from 1.9 to lowest at 0.9
The break out point at 1.5-1.6 would turn the downtrendline into the resistance,
Trading Plan: Wait for retest at 1.5 - 1.6 then long target 1.9 Sl at 1.3
XRP takes off for a colossal technical liftoff eyeing $2.3Ripple finally embraced the vital support at $1.3, allowing bulls to take the mantle. The bullish leg extended above the 50 Simple Moving Average (SMA) on the four-hour chart near $1.5, further cementing the bull’s presence in the market. Last week’s resistance at $1.6 seems to have bolstered XRP beyond $1.7.
At the time of writing, Ripple is exchanging hands at $1.7, following a 17% growth in the last 24 hours. The cross-border token has attracted a $15 billion trading volume across all platforms and boasts $78 billion in market capitalization. XRP is working toward reclaiming the fourth spot by unseating Dogecoin.
Ripple rally toward o$2.3 builds momentum
An ascending triangle formed on the four-hour chart is a massive bullish signal. This pattern develops during an uptrend and signifies the continuation of the previous trend. A couple of trend lines make the pattern, connecting the relatively equal peaks and the ascending lows.
The horizontal line (x-axis) shows that sellers gradually lose traction while the hypotenuse shines a light on a strengthening bullish outlook. A final break past the x-axis usually culminates in a significant upswing. The breakout is characterized by an increase in volume and has an exact target measured from the triangle’s highest to lowest points.
The ongoing uptrend seems to have been seconded by the Moving Average Convergence Divergence (MACD) indicator. In addition to entering the positive region, the MACD line has crossed above the signal line, which is a bullish signal.
Consequently, the Relative Strength Index (RSI) on the four-hour chart reveals that the slightest resistance path is upward. A break past $2 will likely trigger massive gains to close the gap heading to $2.3.
Ripple intraday levels
Spot rate: $1.7
Trend: Bullish
Volatility: High
Support: $1.6 and $1.3
Resistance: $1.75 and $2
If the history repeat itself | XRP/USDThis is my view on XRP/USD and this is the Technical behind it, is fundamentally price soars way higher or dumps hard that's different case scenario!
*DO NOT* take trades based on this chart, this is only my view, make you analysis before you do anything and see how you see it!
XRP Possible Reversal ZonesAs much as I love XRP and big fan, it's time to let it be for a while.
XRP broke the ascending channel (blue parallel lines),
Important key points:
a. Price broke the ascending channel.
b. Bearish divergence in the MACD
c. Before breaking there was a sort of a diamond pattern. (This patterns can be continuations but it is also common to see reversals)
d. That V reversal inside the diamond indicated there was a willingness to short at that level
e. Price is in a very gray zone, meaning that it could either continue its downward correction or continue its long term bullish trend.
f. Price trading below its EMA20.
The zones of possible reversals are the following:
First support around 1.07 -1.12 (Very Likely)
Second support around 0.88 - 0.94 (Likely)
Third Support around 0.50 - 0.64 (less likely)
In the first two supports we will be looking for a double bottom reversal.
In the third support zone, which is a zone of liquidity, given by the volume profile, in other words the range of prices where XRP was mostly traded recently, we will look for an AB/CD reversal.
Hope this helps a bit.
Just an OPINION please LIKE and FOLLOW. Best of Best :)