Xrpusdt Waiting For Breakout Hi guys
Welcome to the new idea of ripple in which we will discuss the future of ripple.
Future seems clear it will go to new highs soon.
Currently it is in the symmetrical triangle and we are seeing the breakout soon.
If you want to do scalp trading inside the symmetrical triangle then
Buy : 1.35-1.45
Sell : 1.55-60
If you want to hold for long term then
Buy : Now
Sell : 1.80+2+3+5+10
Currently BTC conditions not looking good due to which xrp is not showing it's strength but compared to other alts it is still strong and bullish.
Hope you like it and show some appreciation
Thank you
Have a nice day!
Xrpanalysis
Ripple (XRP) - 6h. At $1.4 the situation will become clearerThe XRP market responds quite well to BTC provocations. If we compare the drop in the price of XRP and BTC from May 10, we see the markets sank almost the same - by 25-30%. However, the interest in Ripple is now much higher than in BTC. This is evidenced by the rebound in the XRP price after each seller attack.
Yesterday's fall in the BTC market had little or no effect on the XRP price. This positive fact can highlight the strength of buyers and the greater likelihood of a continuation of the upward trend. However, for such a positive scenario in the XRP market , one condition is important - the price fixing above $1.6. As you can see in the chart, the price is now below this range and the intrigue in the XRP market is growing.
If we look at the daily timeframe , we see that the XRPUSD price has gone beyond the black trendline, within which buyers have been building their attack since the beginning of April:
Therefore, in order to rehabilitate buyers and confirm their strength, buyers need to gain a foothold above the mark of $1.6 the faster. On May 17, the daily candle closed in favor of buyers. Large volumes, which sellers tried to impose a struggle with, were confidently bought out by buyers with limit orders. However, the next 3 days of trading are as passive as possible. Such a market does not allow us to make a decision and makes us keep waiting.
Looking at the XRPBTC chart , you can see an important range where the price stopped:
The assumed local correction of the XRPBTC price and the continuation of the local downward trend in the BTC market will provoke a drop in the XRPUSDT price with the first target of $1.4. This mark is a local support for buyers. Having held this mark, buyers are likely to break through the mark of $1.6 and continue to rise to $2.5.
However, we are relying more on a deeper correction in the XRP price and the formation of a global triangle:
In this scenario, sellers will test the $ 1.2 mark and XRP price will continue to consolidate until mid-June.
To summarize, we want to note:
We will be ready to buy XRP either after the test $1.2 or after the breakout and consolidation above $1.6.
The mark of $1.4 is a local level that can be targeted for a short-term trade with a short stop.
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Ripple in the triangleHello guys
As you can see, it is located in a symmetrical triangle where there is a possibility of ascending or descending as much as the base of the triangle.
If the downtrend line breaks, we should expect to climb to the targets, and if the uptrend line breaks, the same is true.
The worrying thing is that Bitcoin sentiment is falling. If Bitcoin continues to decline and takes the market out of the uptrend, it will be upsetting for everyone, and it is possible that the continuous decline of Bitcoin is due to the dominance of liquidity from Bitcoin. It has come out and is injecting into altcoins, and bitcoin buyers have dropped dramatically and turned to altcoins.
Now we have to wait for the break of the downtrend or uptrend line to decide.
XRP, Ripple - a price is closer to support. What's next?Friends, as you can see the price is near the support level of the larger triangle. Now is a good time to buy But!!! only with Sl below the level. It's not clear whether bitcoin will go for a third fall. So don't rule out the possibility of falling Ripple also. I repeat, if you wanna enter - do it only with a SL.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
XRP ready for a run?!XRP has held perfectly on this ascending channel on the 4HR TF with no closes below this bottom support, we have lots of room to move up to the 0.2 FIB level. Our Zero Lag MACD recently printed a buy and as of right now our Blue MA is crossing overtop of the orange MA which is bullish if its confirmed, The Red MACD Lead is coming upwards fast and showing no signs of slowing down, also the histogram is looking like we are going to see a green bar be printed. The RSI is slopping down underneath our 50. point line but keep in mind we are looking at the 4HR TF, if you check out the daily we perfectly bounced off and above the 50. point line looking like we are going to see a confirmed uptrend soon. Always keep in mind that BTC leads the market and can very easily drag everything down if we see another dip. Not financial advice just my opinion!
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XRP looking to explode in BTC value!!Xrp has pushed up once again to test this long term downtrend resistance and with a big altcoin wide push we are surely able to cut right through this resistance. Aswell Xrp has been showing incredible strength being among top performers in the markets recently even while being suppressed by the SEC. I believe the time is coming for XRP to explode i believe we will beat the SEC case and just that news alone could send XRP to the moon, aswell as every exchange relisting XRP would case a mega tsunami of FOMO. We are currently still 107% away from the 0.2 Long term FIB Level! i think XRP is a great project and crypto in general they have great technology and could be a huge benefit to the cross border payment system and banking system. All just my opinion DYOR and not financial advice!
Xrpusdt waiting for breakout or correction?Hi,
Xrpusdt already broke the descending channel now two entries are possible. If uptrend continues and breaks the resistance a good long position would be profitable but if market gets correction then it would have to come back to support after that it rises again.
Waiting for breakout!!!
What you guys think let me know in comments your ideas 💡
Not a financial advise but just posted my idea for knowledge 🙂
Have a nice day and try to like and follow me so that i can bring more interesting and knowledgeable ideas.
Have a nice day 😊
XRP short to $0.9Quick analysis on XRP 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) I believe the next one is corrective wave C which has just started and it's is going to come down to FIB 78.6% i.e. $0.9 where the support is tested again to see if it moves up in the next impulse leg up or go down - so watch out for this support line at $0.9
Summary :
-------------
1) Looks like the bears are still in control
2) It's in the final leg of corrective Wave C
3) The support line $0.9 needs to be tested one more time and see which way the market is going to trend
Happy trading, feedback is always appreciated
XRP ready to move up?!4HR TF/ XRP has been showing a lot of strength and is now back on track with the market bull cycle even while being under lawsuit and suppression from the SEC! We are currently in a nice FIB ascending channel, we are holding and bouncing strong off of the 0 FIB level looking to come up and test the 0.2. I think once the markets start to move again XRP will cut through these levels like a hot knife through butter! Looking at the 100 day SMA (BLUE) we have almost perfectly bounced off and moved up! Also we saw some downside pressure with the 10 day SMA (GREEN) pushing down ontop of the candles, we are seeing it now start to level out and we are perfectly inline with it, once we see a break of this SMA we should see some very nice movement riding the SMA to the upside. It would be ideal in the future to break the 50 day SMA (TEAL) and then we could really start flying but thats for a TA later on! We're seeing the Stoch RSI reverse right now bullish and this could push us up to that 0.2 FIB to test. Not financial advice just my opinion! rarible.com Feel Free to check out my 1of1 Doge Gif NFT, more to come in the future!
XRPUSDT Forth Ascending Wave or First Descending WaveXRP finished it's third ascending wave. As you can see It's moving toward the base of it's channel. The blue arrow line shows the moment that the uptrend started each time. XRP can start it's forth wave from the blue rectangle, the cross between arrow line and bottom of current channel. We can see a consolidation, the red rectangle, with big and strong red and green candles. Strong green candles besides strong red ones near bottom of channel can keep the price inside the channel. So the upward forth wave is more probable.
But in RSI 2h indicator, we can see a clear divergence. So the downward movement is possible too.
Between price action and indicator we should lay on price more in our analysis but I suggest you to just wait a few more hours and see what will happen at the blue rectangle. Whatever direction price gets, you can take a good profit from it.
XRP (Ripple) Coin Analysis 19/03/2021Fundamentals:
To begin with, it’s important to understand the difference between XRP, Ripple and RippleNet. XRP is the currency that runs on a digital payment platform called RippleNet, which is on top of a distributed ledger database called XRP Ledger. While RippleNet is run by a company called Ripple, the XRP Ledger is open-source and is not based on blockchain, but rather the previously mentioned distributed ledger database.
The RippleNet payment platform is a real-time gross settlement (RTGS) system that aims to enable instant monetary transactions globally. While XRP is the cryptocurrency native to the XRP Ledger, you can actually use any currency to transact on the platform.
While the idea behind the Ripple payment platform was first voiced in 2004 by Ryan Fugger, it wasn’t until Jed McCaleb and Chris Larson took over the project in 2012 that Ripple began to be built (at the time, it was also called OpenCoin).
XRP was created by Ripple to be a speedy, less costly and more scalable alternative to both other digital assets and existing monetary payment platforms like SWIFT.
RippleNet’s ledger is maintained by the global XRP Community, with Ripple the company as an active member. The XRP Ledger processes transactions roughly every 3-5 seconds, or whenever independent validator nodes come to a consensus on both the order and validity of XRP transactions — as opposed to proof-of-work mining like Bitcoin (BTC). Anyone can be a Ripple validator, and the list is currently made up of Ripple along with universities, financial institutions and others.
The live XRP price today is $0.473799 USD with a 24-hour trading volume of $2,833,524,754 USD. XRP is down 1.35% in the last 24 hours. The current CoinMarketCap ranking is #7, with a live market cap of $21,512,378,294 USD. It has a circulating supply of 45,404,028,640 XRP coins and a max. supply of 100,000,000,000 XRP coins.
The top exchanges for trading in XRP are currently Binance, Huobi Global, Bybit, OKEx, and BitZ. You can find others listed on our crypto exchanges page.
Technical Analysis:
there are total of 3 Targets Defined by Fibonacci Projection
3 TP is very dependent on the Process of the 2TP achievement. (Triger followed some retracement)