XRP Buy a break from a bullish channel.Ripple - Intraday - We look to Buy a break of 0.2522 (stop at 0.2343)
A break of yesterdays high would confirm bullish momentum.
Daily signals are mildly bearish.
50 4-hour EMA is at 0.2480.
The RSI is trending higher.
Short term MACD is moving higher.
Our profit targets will be 0.3089 and 0.3328
Resistance: 0.2500 / 0.2800 / 0.3050
Support: 0.2250 / 0.2150 / 0.2000
Rippleusdt
XRP 1W History of news and trading, ups and downs 2016-2020Here is the XRPUSDT chart with the longest trading history on the tradingview.
While remembering and describing the history of Ripple, a great nostalgia hit the soul. How diverse have been the last 4 years of cryptocurrency trading.
Most started talking about XRP in the spring of 2017, during the first stage of the cryptocurrency hype in 2017. Then BTC was still growing weakly in dollar terms from 1000 to 3000, little attention was paid to it. But altcoins paired with BTC and ISO projects were our all to multiply the deposit.
XRPBTC made x57 for the quarter of 2017 , and if with minimum leverage, then earnings reached eye-watering values.
In a bull market, everyone immediately became a profi-trader, buy and hold, what's the big deal?)
The main news that pushed up or fell the XRP price throughout the trading history, we fixed on the chart.
By the end of 2017 and early 2018, XRP began to actively grow in the pair against the dollar, along with the parabolic growth of bitcoin. Then XRP enthusiasts were confidently waiting for Ripple per $10 . Arguments that this will not happen, only because if you multiply $10 by the Ripple issue, then the expected capitalization of XRP alone should be $1 trillion. It would double the total cryptocurrency market capitalization at its peak two times.
And of course, it didn't happen.
All the hype news that called the XRP price up were not implemented.
In September 2018, PNC Bank successfully completed the pilot phase of testing the xCurrent system and even provided services to several clients with its help. The news was distorted as best they could. They wrote that xCurrent is a smooth transition to the second solution of Ripple - xRapid.
But as you understand or remember, a miracle did not happen... the cost of Ripple was gradually but surely falling.
In March 2020, the value of XRPUSDT fell to $0.105 hitting the mirror Fib level, which was previously by squeeze tested for strength in 2016.
Then XRP grew for 9 months along with the crypto market, the value increased by 700% from the bottom, and the last impulse was fueled by the promised Spark airdrop.
But as we warned in our XRPUSDT idea series: "Don't get fooled." When someone promises a freebie, it means he earns many times more on it.
The increased volume of "easy money" purchases gave a great chance to sell off to large XRP holders who knew for sure that clouds were gathering over Ripple.
Because, literally in 2 weeks, the SEC filed a lawsuit against Ripple , and its value began to fall like a stone to the bottom.
Most of the trading and information crypto platforms have started to refuse support for Ripple.
In the XRPBTC pair, -40% remains to fall to the historical bottom.
If Bitcoin remains +/- at the current price level, then the value of XRPUSD may fall to $0.146 or even to $0.10.
And if this happens, then a global figure of H&S can be formed.
If this happens, and Bitcoin starts a correction or much worse a sharp fall down, then it's scary to even imagine what will happen to the XRP price.
Because the historical liquidity in the XRPUSDT trading pair is seen in the zone $0.025-0.040 and very low in the zone $0.006-0.008.
We hope that such pessimistic forecasts will not come to fulfillment.
And the negative news background around Ripple is created so that the "big guys" can successfully buy XRPUSD at $0.10-0.146.
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Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
XRP - Apparently the chart never liesThe chart never lies but I will be honest with you, i got emotional and tried a retracement (thank God it did not cost me much of my profits) at 24 cents... I got back on selling at 22c, so I guess i am ok.
I really hate it when my emotions trick me, it is always proven that the most i stick to my chart and my strategy the better the outcome will be.
When do we buy this Ripple again? Well, maybe at 14cents
XRP 12h Buyers want $0.69 and sellers want $0.35A little time has passed since the publication of the previous global idea on Ripple.
Although in the meantime we have published some more successful short-term ideas . You may have a look, they are attached at the bottom of the idea.
It is expected that the coin flow began before the distribution of tokens according to the airdrop.
XRP price for the second time tested the strength of the level $0.45 , from where a powerful rebound began.
And still a rebound, because as long as the price is below $0.69 , sellers are in control of the situation . It is to this level that the most positive scenario can be considered.
The biggest sales are happening around the level $0.58 .
A negative scenario is still the XRPUSDT price fall to the level of $0.35-0.36 , about which we have been writing for more than a month.
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
Ripple - Will $XRP outperform? (Alternative Count "Wave 5")WAVE 5 in progress! The best time to buy is now!
I'm LONG / BULLISH position. I expect that $XRPUSD will rise up.
This would mean that RIPPLE will gain more value against USD.
What is the right way? Looking for relevant timeframes, with patience and planning, NO DESPERATION.
No one goes into the market thinking they should buy at the high and sell at the low. The problem is that at the moment when faced with the ups and downs of the market, it’s hard to resist the urge to do those things.
Trading is all about spotting emotional excesses either to the downside or the upside. You want to be on the right side of those emotional reactions and not the wrong.
If you want to win in this market, you need to be COLD and CALCULIST.
To the moon is too close, go beyond!!!
Well, keep you updated as this timely issue evolves.
Good luck!
#CRYPTO $XRPUSD #XRPBTC #XRP #RIPPLE #ALTSEASON2020
$BTC $BCH $BNB $XLM $EOS $ETH $ADA $LTC $TRX $XRP $IOTA $LINK $XTZ $BTT $XMR $NEO $BTT $MATIC $XMR $MRK $XEM $ONT $DASH $BAT $ZRX $LSK $NANO $REP
#altcoins #bitcointrading #BuyTheFear #BuyTheDip
#CRYPTO #XRP #XRPUSD #XRPBTC #RIPPLE
Ripple - $XRP - Will $XRP outperform? (Alternative Count)
XRP (RIPPLE) simple analysisXRP / USDT
1- Bullish flag
price after breaking out from major descending channel
Now price is forming flag pattern which is bullish
For this pattern to be successed local support (red color 0.55$-0.56$)should hold and we can see nice impulse toward 0.66$-0.74$ area
2- If this local support failed :
Price will go down to test channel upper trendline
And also 200 EMA (dynamic support in same area)
If price dropped there we can expect a nice bounce
Good luck and happy trading for you all 🌹
Ripple breakdown unstoppable, as declines to $3.5 beckon
Ripple’s bearish leg has become stronger after ignoring a possible double-bottom pattern reversal.
XRP/USD losses could extent to $0.35 but the buyer congestion at $0.4 may absorb the selling pressure.
Ripple’s breakdown has been unstoppable ever since it hit a yearly high at $0.82. Selling pressure has continued to rise, shattering key tentative support levels, including $0.7, $0.65, and $0.6. XRP bulls tried to hold the price above $0.5 but they were unsuccessful.
For now, the cross-border token is busy hunting for formidable support but the search is likely to come unrewarded owing to the fact that a possible double-bottom pattern has been ignored. Tentative support held the ground at $0.45 before XRP dipped to $0.44 (prevailing market value).
The bearish narrative appears to have been validated by the Relative Strength Index, as it dives deeper into the oversold area. The bearish leg is poised to continue to $0.4, where buyers will try to force a rebound. However, the breakdown has the potential of reaching the level at $0.35 before a significant recovery comes into play.
It is worth mentioning that the bearish scenario will be thrown out the window if Ripple bounces off the intraday low at $0.43. The impact of the ignored double-bottom pattern may still be present, and perhaps will support recovery, at least above $0.5.
XRP recovery movements are likely to be hampered by the seller congestion at the 200 Simple Moving Average. Further up, the 50 SMA will stand in the way of upward price action eyeing $0.55.
Ripple intraday levels
Spot rate: $0.44
Relative change: -0.25
Percentage change: -5%
Trend: Bearish
Volatility: Low
XRP - Possible scenarios for investors and punters alikeYou guys drive me NUTS with Ripple. I hope that's not all you guys trade...
I also trade it guys but with a certain % of my funds- and it has been going REALLY WELL for me so far so I want to keep it that way.
Take a look at other ideas too, Copper is a fresh new trade to get on for example . Don't go 'Ripple-nuts', go 'Ripple Carefully' please.
Anyways, you keep asking for it so here we go: 4 SUPPORT LEVELS and the % we calculated (don't ask how, our system took me 11 years to develop and is for sale for 1,000,000$), for each and every scenario.
This time we will take a 'Wild Guess' and dare to make an Out of the Box 'How the Market Will try and Fool Us' prediction of exactly what we think will happen, exclusively for our clients at fxprofessor.
ps. Once and IF the price breaks the 0.79 mark then it's off to 1.41
XRPUSD an imminent breakout possible within next 2 daysHey friends, hope you are well and welcome to the new update on XRP coin.
Attempting to breakout next resistance:
On weekly chart, the price action of XRP 1st broke out the $0.31 key level resistance and now trying to breakout the $0.60 resistance. The simple moving average has crossed up the 100 SMA and now 50 simple moving average is also moving up to for a bull cross with 100 SMA that can produce a more powerful rally.
Formation of bullish BAT pattern:
On small time period 4-hour chart, the priceline is completing the final leg of bullish BAT. The potential reversal zone of this pattern starts from $ 0.5609 and ends at $ 0.5523.
1st bull flag:
On daily chart the priceline has formed 1st bull flag after breaking out $0.31 resistance. Now the priceline is at the end of this flag which is infact a symmetrical triangle as well. The EMAs 10 and 21 are providing strong support to price action therefore a breakout is possible within next 2 days. This breakout can lead the price action of XRP to $0.80.
Conclusion:
The price action of XRP has completed a setup to hit $0.80 within next 48 hours, but we should take care of the EMAs on daily chart. If the 21 EMA will be broken down and EMA 10 will cross down the EMA 21 then a possible rally to the down side can be started on mid term.
XRP airdop pump incoming?We broke out of the triangle but will we see any increase in price with the upcoming airdrop? or has that already been priced in.
I see a lot of people calling for $1, if that were to happen I think we would need a shakeout before hand. I can see us trend up to previous resistances and then drop after airdrop.
XRP Next Legeverything mostly in Graph. as you can see with VP, we are in a good demand Zone. we bounced 1 time on EMA50, 1 more time on EMA100.
i used H4 TF for more visibility.
3 options :
1. We break this descending Triangle now, we could have a resistance around 0.7$, we could push 0.85ish and max 1$
2. We don't break the triangle now, we could retrace to 0.55$ (EMA100) and bounce again for a break to go to option 1 (but lower high).
3. We don't break the triangle now, we retrace to EMA100 0.55% and dip to to EMA200 0.45$.
imo the situation is bullish for now so i mostly like Option 1 and 2. Watch the King first and alts will do their way.
No matter where u take your positions but avoid to trade near triangle borders.. patience is a vertue.
Happy Tr4Ding !
RIPPLE - Intraday Update - 12/06/20 (Short-term)RIPPLE - Intraday Update - 12/06/20 (Short-term)
Bottom Line: Subdividing higher within wave iii of (iii)
Breaking above $0.7941 is the next upside objective for the bulls.
Outlook: A fifth wave rally is in its early stages.
Note: Prices can vary between exchanges, and consequently there may be differences in our chart prices due to different data sets.
XRPUSDT (Ripple) Waiting for the Symmetric triangle breakout#XRPUSDT Technical Analysis Update
Wait for the Symmetric Triangle Breakout
XRP/USDT currently trading at $0.6050
LONG ENTRY: Only enter long after Symmetric Triangle Breakout in 4h chart
STOP LOSS: I will update once I see a breakout in 4-hour chart
Resistance level 1( Target): $0.75
Resistance level 2 (Targe ): $0.94
Max Leverage: 4X
ALWAYS KEEP STOP LOSS...
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Ripple - Daily Update - $XRP (Alternative Count "Wave 3")Bottom Line: Favoring higher against 0.2197.
Key Levels: Below 0.1890, 0.2197, 0.2287 Above 0.3039, 0.3272, 0.3440
Outlook: Considering a second wave correction ended and the early stages of a third wave rally have begun against 0.2197.
Analysis: The less than impulsive wave structure from the current pullback low at 0.2450 keeps us from confirming the end of the setback. For that reason, we can't rule out a further low before the larger advance resumes. At this stage, only very impulsive price action above 0.2675 would shift the odds in favor of a completed correction.