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Xrpanalysis

XRP Ripple Gearing Up For A CorrectionHey Everyone, Schyler here with NewWave Traders. In this chart I'm projecting XRP to experience a correction mid term with continued upside. This dip will be for buying in my opinion. Bearish divergence between the 3rd and 5th wave as well as wave structure supports this bias and some TDI signals on top of that. Let me know your thoughts in the comments below. Are you invested in XRP? Do you just trade it? Would you buy this dip I'm projecting? Look forward to your answers below.
Short
by NewWave_Traders
4
Ripple (XRP) USDT 1DAY UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. XRP/USDT UPDATE :- Ripple found good support above $0.37 and managed to get back to the key resistance. The question is if the bulls can break above. A clean breakout could take the price towards $0.60, which would bring back much-needed attention to XRP. Looking ahead, the cryptocurrency could attempt to rally higher, but the market is at a crucial junction now. A pullback in the market leaders like BTC and ETH will likely not allow XRP to rally at this time. Nevertheless, the indicators remain bullish and the outlook is positive. Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. Thank you.
by CryptoSanders9563
Ripple Swings Bearish as XRP Dumps from $0.40 ResistancePast Performance of Ripple XRP prices are lower when writing, retracing from last week's highs. At spot rates, prices are trending inside a broader $0.09 trade range with caps at $0.30 on the lower end and $0.39 on the upper end. The failure of bulls to clear the primary resistance points to weakness, a bearish formation. #Ripple Technical Analysis The path of least resistance is southwards from a top-down analysis, but this can change if prices surge above $0.39 and $0.40. Thus far, there are lower lows relative to the upper BB coinciding with the bounce from the critical support pointing to waning upside momentum. Clearly, the bar of July 25 is with high trading volumes, possibly signaling local tops. Per this arrangement, aggressive traders may unload any attempt higher with safety nets at around $0.40. If bears press on today, Ripple prices may crumble below the middle BB, towards $0.30 in the short term. What to Expect from #XRP? Fundamental factors on Ripple may be solid, but that has failed to translate to higher prices as per the formation in the daily chart. The immediate liquidation level is at $0.40. It must be broken for the buy trend continuation set in motion in the first half of last week. Resistance level to watch out for: $0.39 Support level to watch out for: $0.30 Disclaimer: Opinions expressed are not investment advice. Do your research.
BITSTAMP:XRPUSDShort
by Bitcoin_Analyzer
1
XRPEnd of correction in sight, which might coincide with the possible end of the SEC lawsuits against Ripple. XRP, has broken the May 12, 2022 low of about $0.33 as expected, we are still expecting it to go lower. A target of around $0.26 is expected in the coming days/week of which we should start seeing some reversal signs in the crypto market. Bitcoin & Ethereum are the ones leading the markets lower, it wouldn't be surprising to see the altcoins starting this bull run. Alternative $0.17 is also in sight but highly unlikely because of the structure completing at $0.26, which coincides with the 100% extension of the (W) leg in white completing (Y) leg in white, at the bottom trendline channel.
BITSTAMP:XRPUSDLong
by pkhumalo
2
XRP 77% DISCOUNT!!- XRP is at a 77% DISCOUNT! - XRP is a ISO20022 compliant CRYPTO - XRP will survive regulations - 99% of shitcoins and coins with no proper use case will die! - XRP will work with SWIFT to move money like email! - 2030 you will own nothing an be happy! - MANY JOBS will be wiped out by 2030, you need a new skillset or need to have enough money to survive and live! - Massive wealth GAPS are coming!! - ISO20022 goes live in NOVEMBER 2022 and is complete by NOVEMBER 2025!!
BITSTAMP:XRPUSD
by ALTCOIN_BEAST
XRP forecast - how to trade in a falling market?For 7 weeks in a row, the price of XRP has been falling steadily. Unfortunately, we couldn't find a more positive start to our forecast. The sellers managed to break through the global range of $0.55 . So far, the breakdown of this range can be fixed on the daily timeframe. Weekly candle has not closed yet. Taking into account the breakdown of the global critical point of $0.55, buyers can be more active and start a rebound to the level of $0.80. However for such a scenario to occur it is necessary: 1) Close the weekly candle above $0.57 2) Not to allow the sellers to renew the local low during the trading week of May 16. Only after these conditions are met, it is possible to buy XRP with low risks with the final target of $0.80 . However even in such trading situation stop order should be placed below $0.47. The prospect of XRP falling as low as $0.24. How the price can reach this mark (slowly or LUNA) is unknown. It should be understood that the cryptocurrency market is not in the state that you need to risk your deposit for long-term positions now. There should be a separate deposit for such trading. There is no light at the end of the tunnel in the XRP market on the daily timeframe. The sellers confidently broke through the $0.55 range on May 9. The breakdown was on high volumes. On the same volumes, the buyers began to form a rebound. However the daily candle of May 10 was no competition. This fact shows that the sellers are very strong at the moment. Even if the XRP gets to $0.55-$0.58 , that will be the last target before the new wave of decline begins. That's why if we look for long position in XRP cryptocurrency, we should go 8-10% up with a short stop order. It will be clear from what the next wave of decline looks like whether the sellers are exhausted or not. If the sellers have a harder time renewing the local lows, with trading volumes increasing, we expect a medium-term bounce of the XRP price from $0.43. That is the range where we will look to buy XRP in the medium term. However, we do not place limit orders, as it is important to see the dynamics of price movement in the range of $0.55-0.43. The importance of the current critical point in the XRP market is underscored by the weekly chart of XRPBTC price movement: The chart shows that the critical point (base 0.000015) is under buyer control. If this range is held during May, buyers will have a very high chance of starting a new wave of growth without sinking the cryptocurrency into a global bottom. In addition, the price of BTC has not yet broken through the main range of $29,000 and may start a new local wave of growth within the global consolidation (29,000-60,000). We posted our long-term bitcoin forecast about this recently: However, if on the weekly timeframe of XRPBTC we see that the price consolidates below 0.000015 - we should run away from XRP market for a long time. In that case, the minimum downside target is 30%. The conclusions of our forecast: 1) For spot trade in intermediate-term range we should expect either fixing of the price above $0.55 or test of $0.43 (conditions of price movement in the range of $0.55-0.43 should be met) 2) At the moment of forecast writing we may consider a short-term long position till $0.55 (counter-trend agreement with a stop order lower than $0.48) 3) The probability of XRP falling to $0.24 is quite high in the long term. This scenario will become relevant if buyers fail to take control of the $0.55 range after starting to bounce back from $0.43. Be careful when trading a highly volatile falling market . In case of little experience, in such a market the main task is to save the deposit!
by P_S_trade
20