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Rippleusd

XRP - bull targetsHello analysts and traders, Before we start, here is our long term analysis: Key: Purple = weekly Blue = Monthly Orange = Daily grey = 4hour pink = 1 hour The chart shows us: Maxed out upon a weekly level to year highs of 0.792* rejection upon a fractal . with a strong bullish movement, a potential correctional movement can take place in the run up to the holiday season in which we have seen a whipsaw effect taking price back to the demand zone. This is common, so this shakeout would have relieved healthy profits or damaged the buyers on a breakout. What happened Saturday 30th January 2021 or Sunday for APAC weekend session? We saw the price touch into the imbalance zone of $0.51XX Price has created a new imbalance at $0.38 whereby the previous liquidity supplies acted as the range top on multiple occasions, however this has now become a demand imbalance where price will look to for further touches for longs. What's happened since? Other cryptos are gaining traction so this is important to see what the chart is telling you. We are looking for long term investments here so when it comes to Fundamentals, address it but focus what the imbalances show you. Our major imbalances show where price will look to react. Patience does the rest. Keep track of the US impact for the stimulus bill and further pumping of data on unemployment. - the stimulus package has now been agreed for $900bn and the vaccines are now rolling out XRP does not directly link to the USD but the chart is now providing probabilities of longs as the consolidation period of XRP is around one year long despite the recent XRP issues with coinbase and US regulations. Long term imbalances Zones to watch next are highlighted in pink on the right of the chart. Keep in mind XRP can use $0.4 as a strong demand zone now, reason being the Fibonacci has retraced healthy to our 61.8 and 50% zones. The price was in a downward channel, however broke to the range to the upside. Expect targets to be $0.80 and for longer term investment methods up to $2.00 Why follow us? Updates on our pairs as and when we can. Swing trade out looks 10 years combined experience in capital markets simple breakdowns for beginners through to advanced . KISS - keep it simple stupid. we trade purely from naked charts, less indicators - remove the noise.
BITSTAMP:XRPUSDLong
by LupaCapital
1
XRP Buyers are preparing for a test of $0,78It took only two days for buyers to start trying to build a growth trend again . The price of XRP quickly tested the range of $0.46-0.48 , which we wrote about in the previous idea : Interestingly, the price of XRP began to rise on February 4, when BTC fell. Looking at the volume of trades , the price is consolidating and buyers are not yet ready to take control of the range of $0.46-0.48. However, the seller's attempt to continue the wave of decline looks very weak. At the moment, the price of XRP is moving between two trend lines. To start a new wave of growth, buyers need to keep the mark of $0.4 and consolidate above the range of $0.46-0.48 It is then safest to buy this coin with the first target of $0.78. The positive scenario in the Ripple market also hints at the XRPBTC chart: If the attempt of sellers to break the lower trend line of the triangle is unsuccessful - we will expect a new impetus to growth in the XRP market. _______________________ 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!
Long
by P_S_trade
21
XRP Potential ABC Correction In Short Term Before BOOMBITSTAMP:XRPUSD So looking at a chart in recent pump and dump candles, it came into my mind that there could still be people that bought xrp in a yellow region, expecting that the price will pump further. This unfortunately did not happen and as price dropped a lot of those people chasing green candles got trapped and could not sell. Because of that, there will still be a lot of people willing to sell, when the price will reach to the yellow region again where. We are talking about amateur investors who probably don't really know what they are doing, just chasing the green candles. So if there are enough sellers in this yellow price range we could reverse down from there again, and if we also fall through orange ascending support trend line we could be seeing an typical ABC correction before finally going to the Mars haha. I am not a financial advisor so don't buy anything that a say. Wish you all successful investment. Stay safe.
BITSTAMP:XRPUSDShort
by AVA37
3