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Xrpanalysis

Ripple Legal fight is holding the priceHello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ Ripple is trading around the $1.15 area , XRP should have performed better given its development this year. However, The main reason why its doing bad is its prolonged legal battle with the SEC, which caused a lack in media coverage for all his projects development. The second reason is the continued sale of XRP coins by Jed McCaleb the founded of Ripple and he served as the CTO of the company Ripple until 2013. In January 2018, it was reported that McCaleb's Ripple token ownership was worth $20 billion, Different market movement Scenarios for the next period of time : Scenario 1 : Ripple is trading at 1.14326 currently, and the Bears seems to be pushing the price down and it will soon hit the first Support line at 1.09812 where the Bulls will battle with the bears over control in hope if pushing the price back up, and if that to happen then the price most likely will be moving up and headed near the first Resistance line at 1.23804 and with a strong push from the bears it could breakout and keep going up to the 1.37796 level. Scenario 2 : If the Bulls make a move and take control over the market then we will see the price move to the resistance level at 1.23804 where the Bulls power will be tested by the Bears and they will try to take control over the market which will lead to the price dropping down back to the support zone between 1.00484 and 0.95820, showing that the Bulls are having a very hard time breaking out and holding the price above the 1.25$. Technical indicators show : 1) The market is below the 5 10 MA and EMA (indicates short-term Bearish movement) but still above the 20 50 100 200 MA and EMA (indicates a Bullish state in the market for the long-term ) 2) The ADX is at 38.79 showing that the market is trending with a positive crossover between DI+ (21.60) and DI- (16.42) (Bullish sign) 3) The RSI is at 55.84 giving us a buy signal, and it will probably be headed to the overbought zone soon. Support & Resistance points : support Resistance 1) 1.09812 1) 1.23804 2) 1.00484 2) 1.28468 3) 0.95820 3) 1.37796 Fundamental point of view : Since the launch of XRP, Ripple has been an innovative company. The project has always looked for ways to stay ahead of every competition. For example, XRP partnered with MoneyGram allowing MoneyGram to use Ripple’s solution for decision-making. This year, Ripple has been on several partnerships improving its Asian dominance, especially the Japanese remittance deal. In addition, Ripple plans to add a smart contract feature to XRPL. Smart contracts are essential for blockchains and their addition to the XRP Ledger is a step in the right direction for the company. The company has also revealed plans to go public after the conclusion of the lawsuit with the SEC. According to Dailycoin. This is my personal opinion done with technical analysis of the market price and research online from fundamental analysts and news for The Fundamental point of view, not financial advice. If you have any questions please ask and have a great day !!
BITSTAMP:XRPUSD
by GabiDahduh
Ripple Analysis, The market is Bullish Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ The XRP price has jumped in the last few days more than 65.43% where we see the price moving from the 0.81479 range to the 1.34375, And the market is showing a lot of bullish signs which could be the push that the ripple needs to go back to where it was last year. Looking at the chart we can see 2 different scenarios on how the market could move in the next few days : Scenario 1 : The XRP price is reaching the first resistance line at 1.37087 if the bulls were able to keep control over the price then a breakout will happen and we will see the price rising even more and it is gonna be headed to the second resistance line at 1.45986 but with a strong push from the Bulls, this could be the push that the Ripple needs to go even further and go back to the range 1.61046. Scenario 2 : The XRP is trading close to the first resistance line at 1.37087 where The Bears will be tested, If the bears were able to gain back control over the market action then we could be seeing a drop in price from 1.37 to the edges of the first support line at 1.13180, and that's where a battle will happen between the Bears and the Bulls over control of the market again. Technical indicators showing this : 1) The XRP Market Price is trending above the 5 10 20 50 100 and 200 MA and EMA (Strong Bullish Sign) 2) The MACD is above the 0 line showing that the market is in a Bullish state, with a positive crossover between the MACD line and the Signal line. 3) The ADX is at 41.70 showing the market is currently trending, With a positive crossover between DI+ (46.52) and DI- (4.76) Support & Resistance points : support Resistance 1) 1.13180 1) 1.37087 2) 0.98172 2) 1.45986 3) 0.89273 3) 1.60994 Fundamental point of view : XRP’s parent company, Ripple was tangled in lawsuit troubles ever since the SEC (the Securities and Exchange Commission) opened up a case against the global payments company. It accused Ripple of offering unregistered securities up to the amount of $1.3 billion, starting in 2013. The dispute, which began in December last year, has really ended up nowhere but has done much to damage XRP’s reputation. In spite of this, its market cap has risen to levels where Ripple can just pay up tokens to settle. However, one reason why Ripple needs to follow through with the lawsuit has been because of its biggest competitor, SWIFT. The Society for Worldwide Interbank Financial Telecommunication does large-scale transactions across 11,000 financial institutions in more than 200 countries. In order to combat that, Ripple needs to make sure global banks, treasuries, etc., want to work with it. Resolving the case and attaining a compliant status with regulators is the only way. According to Coin Quora This is my personal opinion done with technical analysis of the market price and research online from fundamental analysts for The Fundamental point of view, not financial advice. If you have any questions please ask and have a great day !! Thank you for reading.
BITSTAMP:XRPUSDLong
by GabiDahduh
XRP Explosive move on the way!!?Taking a look at the XRPBTC pair as i said last time we look like we are repeating the big run up we had in early April, notice on both of the white circles we see long flat price action with our bollinger bands squeezing down hard onto us, these two stretches of price action looks very very similar so i took the fractal of when we ran up the first time and placed it on our current spot and already we are looking like we are following it, if this all follows along like i have it drawn out we can expect an atleast high of 0.00004730 SATS with a upswing of about 150%! The bollinger bands after volatility shrinking and bands squeezing down on us seem to have exploded to the upside just like we saw previously, we are currently riding the top band of the BB's and its only about the second candle of doing so, if we see this continue we could see multiple more candles ride up the top band brining us very nice gains. The MACD looks great with our histogram putting out bigger green bars and looking to have another bullish cycle, our Blue MA is pointing upwards and seems to be leaving the orange behind, the more and more separation of the MA's we see the more momentum and lesser chance of us getting a bearish cross for the time being. The RSI is just reaching the overbought zone but if momentum keeps going we could see the RSI hangout here for a bit more than likely till we see the little cooloff shown in the fractal, the biggest key here is that we have shot right through the RSI midline which will now act as support but more importantly we are in a confirmed uptrend if we can continue to hold this level! Very bullish on XRP it is a very solid and great project and even while the SEC is suppressing XRP we are still showing great strength, think about when the time comes that XRP is fully relisted across all major exchanges, that will bring a tsunami of momentum and also even just the relisting on coinbase will bring the famous "coinbase" pump, better to be in before that happens, Not financial advice just my opinion!!
Long
by JacobR905
XRP Double Bottom & Ready for Takeoff!XRP has been showing some nice strength recently even while being suppressed by the SEC, and if you think about it most average investors can't even buy XRP anymore which definitely hurts price action but none the less we seem to be getting some great momentum. XRP has rallied off of a double bottom and it looks like we are just getting started! We have smashed through key resistances like the red resistance line at almost 0.81 cents and we have passed both key pivot points, we are now faced with the R1 resistance we seem to be getting a little bit stuck here but we are slowly still making our way up! Looking at the bollinger bands todays candle has really been grabbing onto the top band and if we see a continuation of this we are going to see a huge climb upwards, keep in mind BTC is always a huge factor, if BTC falls the market tends to follow. A push up above this R1 resistance would place us in very bullish territory. The MACD looks absolutely fantastic with our blue MA reaching for the stars we are pushing up fast, we are starting to see good separation within the MA's which lessens the chance of us getting a bearish cross anytime soon. Looking at the histogram it looks like we could see another bullish wave coming, todays bar is of course green but has pushed up above many previous bars, definitely seeing some momentum for XRP which is very positive and i can't imagine the momentum we will gain once the SEC screws off and XRP trading is back on all major exchanges, and keep in mind if (when) the SEC's case is over XRP will be the first coin to get the famous coinbase pump twice! Not financial advice just my opinion!
BITSTAMP:XRPUSDLong
by JacobR905
3
XRP ABOUT TO TAKE OFF AGAINST BTCXRP has definitely being showing its strength recently even yesterdays run up we were ahead of BTC and most other large caps. And even while being wrongly suppressed by the SEC. Taking a look here i have found something that looks very very similar to the past, check out the white shaded circles on the chart and the first one on the left we see long drawn out sideways movement, mostly red candles with a few green ones popping up. Directly after this sideways "dead" movement we had an absolutely massive run up of aprx 412%, now take a look at the most recent shaded circle, dont you notice how we see once again very long drawn out sideways movement with mostly red candles and now a few green candles are starting to pop up, i placed the same run up we saw the first time on our candles we are seeing now and this would equal out to roughly 200% to the upside with a potential top of 0.00046 satoshis. Now it could play out like this or not even at all but i do believe XRP is ready for a massive run up, we could even see a bigger one then we saw before but we have to wait and see. Also lets talk about some indicators that are giving me more hope that i could be right here, first the Wave trend, as you can see on the WT we have seen a pretty long bottom with not much movement out of this zone, almost every time we see the WT bottom out a big wave all the way to the top of the zone follows. Next the coppock curve which is a longer running indicator that is used to find market bottoms and the start of run ups, we also have been bottomed out for quite some time, and the thing with this indicator is it almost never makes any jagged movement or like fakeout movement it is usually always smooth transitions with the waves usually running upto the top of the zone before then coming back down. Now we are starting to see an uptick on the coppock curve which in my mind shows we are starting to see the beginning of the next wave, as i have been saying previously i think we will be slowly starting to get back to the bullrun by the beginning of august and we really seem to be just doing that, with lots of BTC and market movement this also gives me some hope that this fractal could play out like i have it. Not financial advice just my opinion!
Long
by JacobR905
4
XRP ready for a big run!!XRP investors loved the news of Ripple's ODL offering in japan and has boosted price very nicely, we are looking overall very bullish here and let me show you why. First of all its not confirmed yet but as of right now we have regained the 50 day SMA which is very huge if we can close our daily above this level. We also nearly bounced off of the 200 day SMA and that'll be our next target, and the 200 day is one of the most important because as you know it is the longest timeframe SMA and the slowest mover, but also the strongest looking at things in a macro perspective. Next looking at the bollinger bands we have been getting quite the squeeze as volatility shrinks up and almost everytime we see a big move follow when the bands squeeze, the only problem is it doesn't show which direction, thats why we incorporate other indicators, but we are beginning to ride the top band which is a very very bullish sign and if we can keep this up theres no doubt in my mind that we will blast right through the 200 day SMA! Looking at the MACD also looking bullish as we have been seeing a long flat range after our most recent bullish cross but now we are starting to see great separation within the MA's. If we continue with all these indicators going the way that they are i am certain we will smash through these key levels with the bullish momentum we will have, there is a little bit of resistance up ahead coming from the 200 day SMA , regular resistance and then the 0.2 FIB level, but like i said if we get the momentum i don't think these will be a problem, and once all these levels are turned to support i think thatll be when the real fun starts to happen! Not financial advice just my opinion!
BITSTAMP:XRPUSDLong
by JacobR905
XRP ready for takeoff!!?Xrp versus bitcoin, we have found what seems to be a pretty solid floor for xrp shown by green support and we have been in a confirmed downtrend since early june, but i noticed we are starting to see some life here! Pirce action has broken above the midline on the bollinger bands and we are now looking to grab ahold of that top band to go for a ride upwards, that aswell as the bollinger bands have been squeezing pretty hard on our candles and that means volatility is shrinking but we are due for a massive move, now the bb don't say which way this move is going but i got a feeling looking at other indicators and PA trying to reach that top band we are due for a big move up! Looking at the RSI we have found slight uptrend support and we are curling very nicely to the upside, the real test for xrp will be when the rsi reaches that 50. point midline, we need to blast through it and be able to hold that level if XRP wants to be the front runner in this lagging market, we need that confirmed uptrend to do so! Now the Stoch RSI has also found nice uptrend support with both our blue and orange starting to shoot upwards, we have lots of room to run up until we are considered overbought. Everything for the most part looks great for xrp right now and maybe we could be starting to see a trend reversal for altcoins, a lot of alts look fantastic against BTC right now but as im sure you all know everything is affected by BTC and where BTC heads! Not financial advice just my opinion!
Long
by JacobR905
XRP STILL BOTTOMING IN THE ASCENDING TRIANGLE??!!On this Technical Analysis , I would like to share my opinion on XRP movement. Right now, we are witnessing something amazing on XRP, the price pullback and stop right above the Support from Ascending Triangle. I guess XRP still showing higher low sequence, even tho we still need to see a higher high happens from XRP before confirming this level as the Bottom of C Wave Elliot Wave. A clear breakout on this Triangle, would give us a very good confirmation and a clear next move for XRP. Disclaimer: This content is not a Financial Advise.
BITSTAMP:XRPUSDLong
by Kevin_Sailly
4
KEY CLOSE FOR XRP!XRP has been trading inside of this descending channel for quite some time now while heading down with the rest of the market. We have managed to hold supports, and currently broke through the 0.6 FIB level and we are now looking to hold this level for DC. This would also give XRP a very likely chance to break out of this descending channel that keeps putting pressure on us to the downside. The RSI is coming slightly down after getting closer to that midpoint line at 50. If we can succeed with breaking through and staying above this we will be looking at a confirmed uptrend for XRP! Looking at the MACD we are looking bullish and almost fully flipping the the upside so this indicator is very important to watch. Also watch for that first green bar on the histogram as this would be a very bullish sign. Not financial advice just my opinion!
BITSTAMP:XRPUSDLong
by JacobR905
XRP - 6h. Positive scenario only after consolidation above $1.07The weekend trading in the crypto market turned out to be quite passive. Of course, it is much more comfortable for investors to be in the market, which drifts without volume within the limits of consolidation, since the weekend of May 22-23 was the most depressive. However, for us personally, the situation with low volumes on a potential local bottom is somewhat alarming. Of course, on the one hand, this can be interpreted as exhaustion of sellers and stopping the downward trend. However, there are no positive signals from buyers yet. The current attempt at growth is taking place at low volumes and within the limits of consolidation may just as successfully fall down. We decided to start this XRP idea with just such an introduction, in order to lower the rose-colored glasses to those market participants who are 100% convinced that the correction has already ended. At such moments, we are as attentive as possible and monitor the critical points of trading instruments. Ten days ago, we published a global XRP idea on a large timeframe, which is working out well at the moment: Sellers were able to push the XRPUSDT price below the global trendline. The current attempt by buyers to bring the price back within the comfortable trend channel will be considered successful if the price consolidates above $1.07. In the range of $1.02-1.07 , sellers met serious resistance when the price fell on May 19. Therefore, taking control of this range by buyers will be a wonderful signal of their strength and ambition to continue to rise. In this scenario, we expect the first short-term target at $1.55-1.6. If we look at XRPUSD on a larger timeframe, we see that this target is the first on the way to a possible renewal of the historical high: A successful test of the range of $1.2-1.25 will be a signal to buy XRP. Having kept this range, in which the trend line will roughly pass, the buyers will confirm their serious intentions for the mid-term. In this case, we will expect a test of the historical maximum and even its probable renewal. It is worth noting that when the price of BTC fell, starting from Friday, other coins behaved quite decently. Altcoin prices held up much better. Therefore, there is a high probability of the start of powerful new coin shots while the price of BTCUSDT hovers in global consolidation after the recent crash. For example, the XRPBTC chart also hints at this: If we pay attention to the gray range, we see that during the last wave of growth, buyers are trying to take control of it by organizing consolidation there. In 2019, it was this range that stopped the XRPBTC trend for 8 months. At the moment, buyers were able to hold on to it and the way for a new upward impulse is open. Therefore, despite some disappointment of the crypto market participants, we expect new local growth waves, however, we adhere to clear critical points and risks. _____________________________________ 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!
by P_S_trade
34
XRP, Ripple - 2 ways of movement⏳Four times price touched the local resistance line. But we didn't see a breakout. Now I see 2 scenarios: 1) Squeezing to the level. If the price starts to do it, it will be a great chance to buy after breakout and retest with sl. 2) Make re-low. If we do it quickly, it will be a big opportunity to bounce from the last low (0,6469). Write in the comments all your questions and instrument 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
by Yuriy_Bishko
8
XRP, Ripple - look when I bought and what I'm waiting forI opened a buy position in 0.68. It was a great time to buy because of dramatically dropping in the whole market. With this drop, we showed how strong the zone 0.2- 0.6 is. On the chart, u can see a big accumulation there. Now I keep hold and wait for growth to 1.2 zones. Let's see what happened. I'm willing on another scenario. It's market and I'm not God Write in the comments all your questions and instrument 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


by Yuriy_Bishko
16