XRP when M00n ?so let's sit and see where XRP will go on his next move while the King is starting to be strong again. XRP could easily reach 10$ at the end of this cycle or much more, anyone knows, time will speak. Like Fibonnacci said " Everything goes up have to go down ", according to this rule the way up could be followed by some retracements, just the basic way of traders life.
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Trading Parts :
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Take Profits Zones :
- Tp1 : 2.5$
- Tp2 : 3.5$ (2017 Bull Run ATH)
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Retracement Buy zone :
- 1$ Starting to become a good support
- 0.75 Strong support on EMA100
- 0.60 When XRP reach back this Zone it's a free gift. All in.
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Like always trade safe and Watchout for the King Moves !
Happy Tr4Ding !
Rippleusd
RIPPLE (XRPUSD) LONG $1.9 Quick analysis on RIPPLE (XRPUSD) using both wave theory, Fibonacci analysis :
Wave theory Analysis:
1) XRP had a nice IMPULSE run-up from Apr 4th to Apr 13th going from $0.58 to $1.96 as shown in my 5 point wave in the diagram above
2) After a good impulse phase comes the CORRECTION phase, markets usually stay two-thirds of the time in a correction phase
3) Looks like the correction is a ZIG-ZAG correction look at my wave A-B-C where Wave A touched FIB 61.8% and Wave B is a symmetrical triangle with a nice (3-3-3-3-3) pattern
4) Corrective wave C came down to FIB 78.6% i.e. $0.9
5) The next 5 series impulse wave started as indicated in blue wave line, it also broke the downward channel at $1.1 and started to climb up to $1.4 and hit resistance
6) I believe waves 1,2,3 are done and the resistance is hit at $1.4
6) Once this resistance is made as support and UPON confirmation it's going to go on the next impulse wave 5 to $1.9 target price
Summary :
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1) Looks like the bulls/buyers took control
2) Resistance level in the yellow box is being tested at present
3) Upon confirmation, the resistance is turned into support and goes up in the next impulse leg to the price target
Happy trading, feedback is always appreciated
XRPUSD BUY OPPORUNITY : New High? or Drop? comment your thoughtsHello traders , as you can se in my previous post I shared the first initial entry ar 1.0 If you don't really understand the setup I will link the previous video in which I cover theXRPUSD.
I want to know if you think if this crypto has the potential to create a new high or you see a drop?
Thanks for all the messages , we are back to share setups and trade ideas and more. As you can see we had a strong breakout of the continuation pattern. I'm now expecting a retracement in the zone in confluence to add another position. Do you still believing we will reach new highs?
XRP - What Happens Next?Hi, this is my new update for XRP. In the last 3 days XRP is up over 45% from the support level $0.92 to $1.47, so it is normal to see a pullback. We have broken the resistance $1.17-1.20 and now we are testing the resistance $1.47-1.50, so if we break it then we are ready for the big resistance around $1.73, since we have both the 50% retracement level and the resistance level. I expect we are going to see a pullback to $1.20 to make a beautiful bottom head and shoulders and backtest the support level, but if we break $1.50, then we are ready for $1.73. So be patient and don’t panic, XRP is still BULLISH ;)
XRP recaptures bullish momentum, drawing close to $2
Ripple closes in on $1.5 after rebounding from critical support at $1.
XRP breaks out of a falling wedge pattern as technical align for a significant recovery.
Ripple is up 26% over the last 24 hours following a rebound from the support established at $1. This recovery took place in tandem with Bitcoin’s return above $50,000 and Ethereum’s rally past $2,500. XRP trades at $1.4 at the time of writing amid the bullish impact from the falling wedge pattern.
The four-hour chart brings to light the formation of the highly bullish pattern. Note that falling wedge molds amid a downtrend. Two trend lines converge to make the pattern, connecting lower highs and lower lows.
As the gap between the lines narrows, the asset moves closer to breakout. Usually, an ultimate uplift occurs once the price cracks the upper trend line’s resistance. For instance, Ripple is in the middle of the breakout, bouncing off the support at $1.
Meanwhile, bulls seek support above $1.4, which will allow them to focus on highs above $1.5 and toward $2. The immediate upside is capped by resistance at the 100 Simple Moving Average (SMA). If broken, Ripple will quickly face the remaining hurdles heading to $2.
Besides the wedge pattern breakout, the Ripple’s uptrend has been supported by the Moving Average Convergence Divergence (MACD) indicator. The indicator has reentered to positive territory, and the MACD line (blue) crosses above the signal line. If the technical picture remains unchanged, the uptrend will continue throughout the coming sessions.
The Relative Strength Index (RSI) also validates the uptrend after making a gradual recovery from the oversold region. Cracking its way into the overbought area would trigger more buy orders adding to the tailwind for gains toward $2.
Ripple intraday levels
Spot rate: $1.4
Trend: Bullish
Volatility: High
Support: The 50 SMA on the four-hour chart, $1.12 and $1
Resistance: The 100 SMA, $1.5 and $2
XRP/USDT - falling wedge breakout imminentXRP/USDT is close to the tip of a falling wedge and looks like it's about to break out.
Strong bullish divergence on the last drop and the current price action looks very bullish, price already moved over the downtrend and we should see another leg-up within the next few candles.
Double bottom on the 4hr 200 MA as well.
It's currently showing a very similar pattern as the one it formed before the pump from 50c upwards.
Same as always - buy close to the tip of the wedge or buy the re-test after breakout which in this case is now.
Good luck and let me know what you think!
XRPUSDT (Ripple) 2$ soon!XRPUSDT (4H CHART) Technical Analysis Update
Trend line breakout
XRP/USDT currently trading at $1.19
Buy-level: $1.15 - $1.20
Stop loss: Below $0.90
Target 1: $1.35
Target 2: $1.50
Target 3: $1.75
Target 4: $2.00
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
XRP - Most Beautiful Chart Ever Hi, this is my new update for the longterm position in XRP. In the last 6 days XRP has fallen over 45% from $1.96 all the way to the support level $0.92. I think we have reached the bottom, because we have backtested both the trendline and the mega support level around $0.92. If we look at the structure from 2017, we have a similar pullback and if we repeat the same structure then we are going much higher to $8-10. The first major resistance is around $1.20 and the next one is between $1.47-1.50. So be patient and don't PANIC ;) Look at the bigger picture in here.
XRPUSD: In Depth Trend Analysis-Still BullishHello All,
I have spotted a very important trend line that the price of XRP has bounced off. This trend has been well respected this entire bull market.
Anytime its above it has been bullish. Anytime below has been consolidation/bearish.
IF XRP can hold above the white trend line, It is still considered bullish. Important mark to break above & hold is $1.15. Major Support $0.90.
Thank you !
Please Comment and Like
XRP Look's Bullish To MeXRP is looking bullish to me pack your bag's we are at take off.
what I expect is one of 2 things to happen
1. (Orange) ABC Pattern
to 1.349 then back to support at 1.0147 then up to monthly Fib 0.618 at 2.0936 price.
or
2. (White) 12345 Pattern
Up to Monthly fib at 2.0936 back to fib. at 1.34989 and straight to my target 1 at 2.9836 +
I'm not trading adviser nor financial adviser,please do your own reserch before trading,
Ripple- Don't get too excited, 1.20-1.25 is the ceilingAs I expected, XrpUsd has dropped under 1usd important figure. Of course, this strong sell-off was followed by a rebound and Ripple managed to recover some of the losses and is trading back above 1usd.
However, If we take a closer look, the rise is clearly corrective in nature and XrpUsd has a very strong confluence resistance between 1.2 and 1.25
A new leg of selling can start from this point and a new dive under 1usd is probable
XRPUSD (Ripple) - 2021 Bull-Run, All time Highs within 1 Month?!I just want to highlight my view on XRPUSD (Ripple)! (Not a setup)
We had a lot of fundamental price manipulation over the past two months including the
current S.E.C Lawsuit and other news.
Many private investors got shaken out and panic-sold their XRP Holdings.
I am a Technical Trader but Fundamentals align perfectly right now and
everything looks like we at least repeat 2017 bull run...
We had a closure above 61.8 Fib for the first time repeating
the same pattern with an insane price action.
let us know what you think in the comment section..
Alan
XRPUSD - Looking for more Fall - 23/Apr/2021Hello Traders,
Hope you all are doing good!!
Currently Ripple is correcting for another Fall.
I expect it to go till 1H OB & in case of extended correction, may be till 4H OB.
For now i am looking for that 1H OB for Buying XRP at discounted price to ride it till 2-3USD levels.
Check link(s) for earlier analysis.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Is ripple's bull run over? I wouldn't personally short/sell this crypto till its broken below the red line ive drawn, but nevertheless, its retraced a lot of it's 2020 gains and looks ripe for a reversal. OBV, a favourite for me has also reduced considerably as its price ranges in the pennant's insides -- Another bearish sign. Im still neutral but lets see what happens
Hit the like button and follow for more, itd mean a lot! :)
Ask me anything and tell me what you think. Ill def respond
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If youre new to TA and don't know what a pennant is, its a well known bearish sign and Ive explained it in a previous post, thanks for reading?
XRPUSDT - Can we break this resistance? or back to lower prices?We're testing a resistance right now,
There are 3 support areas which can hold the price in case we have a correction, but if we break this resistance area the price can go so much higher. I'll update this idea once we touch the first TP.
for opening long positions: wait for a confirmation and closure of a 4H candle above the resistance area.
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck 🎲
Tell me your ideas. Like and Share 🗣✅
Is that another wedge forming? Ripple looks set to continue its upward momentum after a health cooling off period.
The bounce should take place within the next 1 - 3 days. Fingers crossed :D
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