XRP on the move!!!
XRP has moved nicely off support and is on its way to test resistance around 0.53
We didn't really see much volume accompany this move off support but volume has entered the market today, which is normal after the weekend
BTC does however look weak here and any sharp move down could see XRP follow suit
EMAs still trending upwards and expect both to provide support if we do drop back down here
As long as the demand zone below holds, bulls can remain optimistic that a test of $0.55 is still possible
A break below this OB could very well see low $0.40s again
Thanks guys!
Xrpbreakout
#XRP Ripple - XRP Looking good on daily $XRPMACD is bullish...
Moving averages not so much, but we have to believe it's going to reach for that 50 day SMA ~8k
Momentum squeeze indicator on the rise
Aqua lines are old LONG FLAT ichimoku lines (magnets), but developed during bull market of course.
RSI is low and looks ready to bounce soon
Wedge was broken to the upside.
Most adopted crypto by current banking industry
Not my favorite project, but a lot of indicators saying it's a decent time to buy below 8k
XRP Potential BreakoutThere seems to be a nice horizontal consolidation occurring at the moment leading up to the crossing of two major trend lines. Healthy gains may be achievable with a tight stop loss and large position size.
*The ideas expressed above are only my opinion and should not be taken as financial advice. With that said I do have a position in XRP, very bullish.
And yes Ripple XRP broke out again! Together with Bitcoin.The next target level really is beyond 1 USD my charts says between 1.10 and 1.20 is the next most likely target for XRP.
Support is on 0,85 cents if that breaks we have a healthy pullback first.
But for now it seems to be continueing the weekend in.
WESTERN UNION BACKTESTING XRP RIPPLE PLATFORM 60% XRP is being back tested by western union and many other unnamed financial institutions aka MAJOR BANKS.
with a bearish market cycle ending, I CAN SEE ripple rallying. TO MARKED TARGETS.
all TA'S is MY OWN OPINION.
GOD BLESS.
Analysis is a mastery of observa- tion, while successful trading is a mastery of self.
XRP NEAR TERM TARGETXRP's recent has been showing channel support that coincides with the 200 SMA. Looks like a good position to enter for the potential rise in ascending channel.
Currently, at the bottom of the channel, we are also at the consolidation point on the pennant pattern, this is suggestive of an incoming breakout.
Green Box is near term breakout target. Red box is stop zone. Yellow doted line is a prior support level.
XRP, ready for another breakout? $1.89 target. Let's moon!Risk: Medium
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First of all, many thanks for following and liking my ideas. I just started posting since this month and I see a rapid increase in the number of followers. I really appreciate it when you like my ideas, this helps me to reach more people and to provide you with even better charts. :-)
Note: Please, watch my previous charts in the link.
After reaching our previous targets, it looks like XRP is getting ready for a next pump. I posted this new chart to keep a clear view. We need a close with a day candle above the green line. (yellow arrow) We already broke this resistance several times, but we didn't close above it yet. You can click on the play button to see the breakout is confirmed. Be aware for a pullback if we keep failing breaking this resistance.
Valid: If we close above the green line with a candle on the hourly chart.
Target 1: 1.49
Target 2: 1.72
Target 3: 1.89
Support levels: The raising blue line, 0.382 fibonacci retracement or $1.07.
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When the bow breaks, the Ripple will fallLooking at the Fib speed resistance fan for XRP/BTC and it is following an extremely overbought bullish trend.
It's difficult to do technical analysis on XRP due to how strong the fundamentals are driving price at this point, however the universe must adhere to the laws of mathematics, and therefore $hitcoins must also do the same.
I am looking at shorting the everliving crypto-kitties out of XRP when it approaches the target zone on this chart.
XRP BTC GAME TIMEAlright, XRP USD has broken all expected resistances, its going up. Now its time to break those on XRP BTC. If it keeps going up hard (which it will) There will be a GOLDEN CROSS MA 50 and MA100 just above the ichimoku cloud resistance that we are powering through. When that happens, its a huge buy signal during a run like this. BTC XRP chart is going towards new ATH also. Get ready...
BTC-XRPHi all,
I am kinda new to making charts, so hopefully everything goes well.
Hereby I share my idea about XRP till mid december.
Seeing the history of ripple, i dont think XRP is going to moon like XLM/MONA etc (+200% in 2 days) in a short time. I think Rippple is a longterm investmend with a good roi.
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