XRPUSDT (ripple), time to purchase.Hi friends. So we all know that ripple very specific crypto. And ripple not directly related to bitcoin pricing. In last days i see very good bulls potential in this cryptocurrency. I mark all interesting market process areas on the chart window. And i mark important levels for you.
Volume analysis thanks to "Earned Pro" script (link below - you can rent it). Levels thanks to X-Lines script (free to use).
Rippleusd
XRP Sell a break setup.XRPUSDT - Intraday - We look to Sell a break of 0.5088 (stop at 0.5353)
Short term bias is bearish.
Short term RSI has turned negative.
We look for losses to be extended today.
Our outlook is bearish.
A break of 0.5100 is needed to confirm follow through negative momentum.
A higher correction is expected.
Our profit targets will be 0.4307 and 0.4108
Resistance: 0.5600 / 0.6000 / 0.6200
Support: 0.5100 / 0.4700 / 0.4250
XRP - 3h. Buyers are preparing for the test of $0.6Earlier this month, the XRP market looked awful . After the collapse of the price from $0.76 to $ 0.34, many predicted a bad future for this coin. However, in our three previous ideas , we clearly showed the prospect of coin growth and worked out our scenarios.
It's time for the next short-term idea. At the moment, the wave of growth has been going on since the beginning of February. Buyers managed to keep the global trend line. XRP price correction takes place in the local black channel.
The previous update of the local low ended above the lower trend line of the black channel. If buyers do not allow this time to update the local low - it will be a signal of depletion of sellers . We expect a sharp wave of growth to $0.6.
The critical point of this scenario is $0.51. If sellers manage to break this mark, the price of XRP will fall to $0.44 again
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XRP/USDT - Cup with handle. UPTREND❗️❗️❗️ More Trading Charts here: (LINK IN DESCRIPTION) ❗️❗️❗️
Good afternoon dear traders or those who want to trade, but do not know where to start.
I haven't written posts for a long time, but look at the market, there is something to work on and positions are rushed every day in large quantities. I decided to share one of them with you.
Many people love this coin, while others hate it. I make profit on it. The price has been consolidating in a downward channel for a long time. This is a bullish trade within which an under-block figure in the form of a cup with a handle is formed.
I am still waiting for the trade with the formation of the cup handle and after that impulsive growth. Therefore, we take this asset under the gun, find our entry points and make a profit.
❗️❗️❗️Disclamer❗️❗️❗️
Dear friends, traders.
My trading ideas here are not financial advice or coercion into action. I am not responsible for your trading and how you follow all aspects of correct trading.
- I do not recommend that you trade AT ALL if you do not know what risk management is, money management.
- I do not recommend that you trade without a STOP LOSS.
- And I'm not responsible for your "make millions of dollars fast" gag
- I am only showing you the charts that suit me for certain positions.
- For each position - RESPONSIBILITY LIES ON YOU.
If you don't use all of the above, your deposit will soon become $ 0
- Therefore, if you decide to follow my positions - Take responsibility for where the bad outcome may be.
In time, i to bee wrong too, and have a loss.
But with the correct observance of the indicated points, which trade with me others traders - they earn (NOT IN A DAY, but in the medium, long term)
I am only showing you how this or that scenario can work in trading.
For all your actions, only you are responsible.
💠💠💠I am not a scammer and I am concerned about your trade.💠💠💠
This Channel is not financial advise, It's My opinion and My observation: @opptrade
XRP prints massive bullish outlook
Ripple is getting ready for a breakout as long as the bull flag pattern on the 4-hour chart is confirmed.
Holding above $0.5 remains key to the upward momentum.
XRP is still under the impact of the gravitational force following the rejection at $0.65.
Ripple has sustained the price above $0.5 for a couple of days now. The need for stability came after a rejection from the most recent high of $0.65. XRP tumbled from this level to support provided at $0.48. Meanwhile, the recovery that ensued has been limited to under $0.6.
Ripple eyes a bull flag breakout
XRP has been declining within the confines of a descending channel, likely to confirm a bull flag. This pattern is referred to as a bullish continuation pattern in technical analysis. It develops after an extended upward move followed by a correction. The correction signifies consolidation as selling pressure diminishes, giving bulls an opportunity to take over control.
A significant breakout in the direction of the previous, trend is anticipated as the bull flag matures. Typically a breakout is supposed to occur when the price drops to about halfway the flag pole.
As for Ripple, it is teetering at $0.52 at the time of writing. The current battle is to break and settled above the middle layer of the flag pattern. However, pushing for a breakout above the bull flag will result in massive gains above the stubborn resistance at $0.65 and toward $0.75 (yearly high).
It is worth noting that, sellers are still dominant at the time of writing. The Moving Average Convergence Divergence (MACD) reinforces the apparent control by the sellers. They are likely to remain in control until the MACD line (blue) crosses above the signal line. Besides, other hurdles like the 50 Simple Moving Average (SMA) on the 4-hour chart must come down for the breakout to materialize.
Ripple intraday level
Spot rate: $0.52
Percentage change: -0.6%
Relative change: -0.003
Trend: Bearish
Volatility: Low
XRP - What will happen next?Like I told you last week, XRP is going to do 60-70% retracement and now we see XRP completed the mission. In the last 3 days XRP has fallen 12%. The BIG question is that if the support level $0.47-0.50 holds by end of the week, if it holds then I think we are going to test the resistance $0.75 for the last time and we are going to break it. So be patient and don’t panic 🙌🏼
XRP Sell a break setup.XRPUSDT - Intraday - We look to Sell a break of 0.5088 (stop at 0.5353)
Short term bias is bearish.
Short term RSI has turned negative.
We look for losses to be extended today.
Our outlook is bearish.
A break of 0.5100 is needed to confirm follow through negative momentum.
A higher correction is expected.
Our profit targets will be 0.4307 and 0.4108
Resistance: 0.5600 / 0.6000 / 0.6200
Support: 0.5100 / 0.4700 / 0.4250
💡Don't miss the great buy opportunity in XRPBUSDTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.51710).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XRPBUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 37.
Take Profits:
TP1= @ 0.58230
TP2= @ 0.60650
TP3= @ 0.64200
TP4= @ 0.68030
TP5= @ 0.75500
SL= Break below S2
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💡Don't miss the great buy opportunity in XRPBUSDTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.51710).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XRPBUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 37.
Take Profits:
TP1= @ 0.58230
TP2= @ 0.60650
TP3= @ 0.64200
TP4= @ 0.68030
TP5= @ 0.75500
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 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 ❤️
XRP rally towards new ATHI wanted to share my thoughts about XRP short term and long term movement. To sum it up, we are bullish AF. This coin scamazed investors twice already and shook many people out and now the coin is unappealing to trade...or is it??
I couldn't give a crap about a court case or any bad news because, as the saying goes "show me the charts and I'll tell you the news". And currently, XRP among many other alts is looking like it's about to start an insane, unimaginable bull run (not financial advice :D).
Looking at the 4H timeframe we are in a strong up-trend and have found support on the 21 EMA. If you ask me, it's go time. It was weekend so volume is lower but in the next few days I expect increased volatility and hopefully we will soon finally see what altcoins are capable of. In those market conditions all technical analysis can become useless, I've literally seen coins go x10 in 2 weeks and I'm not in this market for anything else than that!
Even if we get rejected here, the long-term picture remains bullish. I just have a feeling we will see extreme market behaviour very soon.
Anyway, just thought I would let you know what I'm thinking in terms of XRP and other cryptocurrencies which have not done much compared to Bitcoin.
I wish you all successful trading and if you wish to learn more, upvote the post and follow me, it means a lot!
Beware of 0,67Ripple is currently a category on it's own.
Don't hate me for not having the best of ideas for this project.. a project that the owners keep a huge part of the coins for themselves.. a project with 50 billion coins in supply.. and some investors thinking this can ever go to 500 dollars or a thousand. It can go to 2 dollars if things go well with SEC. Reality check and my apoogies.
XRPUSD BreakdownSimple Technical and Fundamental Analysis. As I mention in the video several times, cryptocurrency is a very new asset class that has recently started to attract large/institutional investors. Alike any new asset class, cryptocurrency can be moved heavily by fundamentals. When I saw the three major fundamentals released along with the technical analysis alignment, a bullish movement was anticipated and I identified minor levels/zones that had to be respected to take entries. The last 4 entries were taken using the same indications provided by price action.
Ripple XRP on it's way but slowly The momentum built up but slowly. We will reach the $0.55 soon, could be tonight or tomorrow, but I believe a resistance at that level is going to force XRP to re-visit the $0.50 again before the momentum built up again towards the $0.60. At that point the $0.55c becoming the new support line. A revisit of the $0.55 is necessary for the road to $0.70 to be open. This process it could take 2 weeks or less. Just a note that all major Crypto have reach a level of saturation almost, so be careful. The major support line now as is $0.48, Next $0.44500, Next $0.40 Remember after each fall, if the support line hold, a rebound is happening after.
Trade on your own risk please.
XRP poised for a massive move as $0.75 beckonsRipple confirms the uptrend after closing the day above $0.5.
XRP may flip massively bullish if the 61.8% Fibonacci resistance is broken.
A correction will come into the picture if XRP loses the support at $0.5.
Ripple price continues to use the recent support at $0.35 as the springboard back to $0.75 (new yearly high). The cross-border token has remained persistent in the battle for recovery, keeping in mind that it lags behind its peers due to the uncertainty it faces regarding the ongoing lawsuits. The Security and Exchange Commission (SEC) in the US wants it to be categorized as a security token.
However, Ripple Labs Inc., the company that issues XRP and its top executives maintain that the token is a cryptocurrency just like Bitcoin and Ethereum. As the brawl continues in court, XRP is on a mission of breaking barriers. Despite being pumped and dumped a couple of weeks ago, Ripple seems attractive to investors, perhaps due to its low price compared to BTC and ETH.
At the time of writing, XRP trades at $0.56 after extending the bullish leg above the critical level at $0.5. The least resistance path is upwards based on the short-term technical picture.
For instance, the Moving Average Convergence (MACD) has reinforced the bullish narrative as it moves higher in the positive region. Moreover, the MACD line (blue) rests above the signal line, suggesting that XRP has a formidable bullish impulse.
The upswing to $0.75 will start to materialize as soon as Ripple closes the day above the 61.8% Fibonacci retracement level, taken between the last swing high of $0.75 to a swing low of $0.34. This the immediate hurdle and needs to come out of the way for XRP to flip massively bullish.
On the other hand, a correction will come into play if the resistance at the 61.8% Fibo remains unshaken. Selling orders are likely to increase, especially with investors preferring to exit amid the uncertainty in XRP’s market. Previous support levels at the Simple Moving Average and $0.35 will come into handy to stop the losses.
Intraday levels
Spot rate: $0.55
Relative change: 0.025
Percentage change: 4.8%
Trend: Bullish
Volatility: Growing
XRP - We Broke the Trendline I forgot to mention that we broke the downside trendline and that is good news for XRP community. Since the last time I updated you, XRP is up 30%. I said XRP is going to do 50% retracement and will test the resistance 0.475. Now we have to close one daily candle above 0.50 to move further and it is time to test the next retracement level 0.618 and once we break it we are going to test the resistance 0.75 for the last time hopefully. Good things take time so be PATIENT.
XRP - We Broke The Resistance Since the last time I updated you, XRP is up 30%. I said XRP is going to do 50% retracement and will test the resistance 0.475. Now we have to close one daily candle above 0.50 to move further and it is time to test the next retracement level 0.618 and once we break it we are going to test the resistance 0.75 for the last time hopefully. Good things take time so be PATIENT.