XRP's Limbo: Will it Break $0.56 or Plunge to $0.47?XRPUSD daily sentiment remains neutral with XRP staying below $0.5603.
A bullish break-out of $0.56 is needed to push price higher to $0.6642, a very important daily and weekly resistance levels.
As long as XRP is trading below $0.5603, the potential to revisit $0.4722, the daily support zone, remains valid.
Below $0.4722 is the bearish territory for XRP.
Ripplexrp
Cryptolean Ripple XRP UpdateXRP is trading in the daily range zone between $0.593 and $0.65 where we continue to see a boring sideways price action.
An inability to sustain the price action above $0.593 will lead to a decline to $0.543 and we will see a considerable slow down in the price momentum.
A bullish break-out of $0.65-0.675 , the key daily resistance zone, will result in a re-test of $0.73.
Cryptolean Ripple XRP Update After finding a resistance at $0.73, XRP is confirming $0.65-$0.675 zone as a support, which is highly positive
I expect this support zone to hold.
XRP is gearing up for a bullish rally to the previous local high at $0.93 and, possibly, higher.
A daily candle closure above $0.73 will result in a move towards $0.79 and higher.
An inability to sustain the price action above $0.65-$0.675 support zone will lead to a decline to $0.59.
Intraday Chart
In the 4-Hour chart of XRPUSDT, the Ripple coin has already tested the resistance of $0.746 and now is heaving a pullback trying to confirm the key intraday zone of $0.691-$0.715 as a support.
A bullish break-out of $0.71 will push Ripple XRP to the next intraday resistance target of $0.772 and higher.
A inability to sustain the price action above $0.69 will result in another bearish dip to $0.657 or, lower, to $0.628 that could lead to a bullish rejection towards $0.69-$0.72 and higher.
XRP is bullish in the daily and intraday charts and I expect to see a continuation of a bullish move soon.
Like once read.
Thank you!
Cryptolean Ripple XRP UpdateNow, XRP lacks the momentum, however, it will change soon.
Today, it again tested the key daily support at $0.593 and we saw a bullish rejection.
It has to move to above $0.65-$0.675, the key daily resistance zone, for bulls to take control and move price to the previous local high at $0.93.
A daily candle closure above $0.675 will result in a bullish rally towards $0.73 and, possibly, higher .
An inability to sustain the price action above $0.59 will result in price slowly declining towards $0.54.
IMPORTANT: XRP Satoshi Price is under pressure due to a bullish Bitcoin Dominance, while XRPUSD chart is consolidating in the narrow range. Once Satoshi price of XRP in the #XRPBTC chart finds a support that could happen at 810 Satoshi and reverses, XRP price will shoot up.
Intraday Chart
The sentiment for the #XRPUSDT 4-Hour chart is neutral
A bullish break-out of $0.628 will push #RippleXRP to the key intraday resistance zone of $0.69-$0.72, however on the way to this zone, #Ripple coin will have to deal with a resistance at $0.657.
A inability to break through $0.628 will result in another bearish dip to $0.602 or, lower, to $0.575 that could lead to a bullish rejection towards $0.69-$0.72 and higher.
Does Ripple Refuel?With the fall that happened in the market yesterday, Ripple seems to have not lost its decision to grow and has the possibility of climbing to the range of 90 cents.
In the time frame of 15 minutes, the price is fluctuating above a price block, which is likely to fill it as a market value gap and then start its growth.
It is possible that the price will drop to the range of 43 cents and then rise to 90 cents.
XRP long view, currently at key levelIt may give upside momentum, it has potential, and positive news are coming..
Tomorrow it may give very good move🚀🚀🚀
XRP Was Made For This Full Moon & Eclipse SeasonStrawberry Full Moon Lunar Eclipse: 6/5/2020 @ 3:12pm EST
The IMF's original eXchange Rate Pegged concept, it's time XRP finally gets that red carpet treatment worthy of the Greatest Digital Asset Ever Created... Buckle Up, Folks. Takeoff Imminent!
Cheer Future Cryptonaires!
XRP THE STANDARD
XRP Golden Cross - 3rd Time's A CharmThis is a daily view on XRP
I am drawing attention to the most common "golden cross" in charting: when the 50 SMA crosses above the 200 SMA
What I am specifically drawing attention to is the following:
- During our prior 2017 bull-run, it took the 3rd golden cross to enter our bull market (SHOWN BELOW)
- The first 2 golden crosses (red circles) resulted in prices rising above the 200 SMA, but then ultimately rejecting and crossing back below the 200 SMA (red 'x' failure, and red arrow move back down)
- The 3rd golden cross (green circle) resulted in prices sky rocketing, entering our bull market (green check mark, and green arrow up)
The same sort of fractal may be playing out in 2020:
- I have indicated the same first 2 golden cross failures in 2020
- I have also drawn what appears to be our 3rd upcoming golden cross. So this begs the question: Will we similar price reaction and the start of our new bull market in XRP
Please look at the chart BELOW, and the chart ABOVE and observe the similarities
BitcoinI'm neutral on bitcoins next move. Notice how its forming indecisive doji on the weekly chart in the same range it played it's big move down to 3k in the green range history. Key level for entries is to buy the breakouts out of this zone. I think it will be a strong move when it happens. / buy deeponion