XRPBTC
XRP Technical Analysis and Market Update XRPBTC dipped towards 0.00001969 BTC yesterday, but strongly recovered most of the dip.
The daily candle closed above 0.00002110 BTC support, but today’s daily candle is testing this support.
This comes from bullish BTC Dominance and bearish Bitcoin .
We need a rejection of 0.00002110 BTC and a move up.
The longer we stay below 0.00002110 BTC , the higher the chance it will go further down.
XRPUSD suffered more than XRPBTC yesterday.
It tested CRYPTOLEAN support of $0.3515 and closed bearish in the 40 cents region (marked in grey in the daily XRPUSD chart).
A price could oscillate around this region for several days.
Ripple - XRP crashes almost 40% since its recent topIn a wild route, XRP fell more than 27% yesterday (down approximately 40% from the recent top). On its way down, it broke below significant support levels and fulfilled our prophecies about the unsustainable rally. The price made a new low at 0.33604$ before reversing above 0.40$ and back to the 0.36$ handle. We remain bearish and maintain our short-term (0.30$) and medium-term (0.28$) price targets.
Illustration 1.01
The illustration above displays the daily chart of XRPUSD and its decline from the recent top to the most recent low.
Technical analysis - daily time frame
RSI, Stochastic, MACD, DM+, and DM- are all bearish. Overall, the daily time frame is bearish.
Illustration 1.02
Illustration 1.02 shows the daily chart of XRPUSD, and yellow arrows indicate the latest technical developments.
Technical analysis - weekly time frame
RSI, MACD, and Stochastic turned bearish. DM+ and DM- turned bearish as well. Overall, the weekly time frame is bearish.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
Ripple - "Sell the fact"Merely a few hours after our warning, the price of XRPUSD fell more than 10% before recovering some of its losses. Interestingly, the price halted its decline slightly above the short-term support. Therefore, we speculate the price might end up trading within the wide range for an extended period; unless a breakout below the short-term support takes place and further confirms our bearish bias.
Regarding fundamentals, they remained unchanged, with central banks pursuing tighter monetary conditions all over the globe (resulting in stronger fiat money versus cryptocurrencies). With that in mind, we have very little optimism about the prospect of a primary trend reversal in stock and cryptocurrency markets. We believe the bear market is barely halfway through, and much more pain is ahead. Accordingly, we stick to our recently updated price targets at 0.30$ (short-term) and 0.28$ (medium-term).
Illustration 1.01
The image above shows the hourly chart of XRPUSD. The yellow arrow points to the highest spike in volume since the recent top. That confirms our bearish bias. Indeed, the volume spike came shortly after we shared news from @TradingView highlighting millions of XRP tokens being moved onto exchanges by whales, looking to sell at highs.
Technical analysis - daily time frame
SMA 20 and SMA 50 performed a bearish crossover. RSI, Stochastic, MACD, DM+, and DM- are all bearish. Overall, the daily time frame is bearish.
Illustration 1.02
The picture above displays the daily chart of XRPUSD. The price stopped its decline just slightly above the short-term support; in its last rise, the price ceased its movement below the short-term resistance. A breakout below the short-term support will further bolster the bearish case. However, a failure of the price to break below this level might suggest that the price might end up trading within the wide range between short-term support and resistance for an extended period.
Technical analysis - weekly time frame
RSI, MACD, and Stochastic show signs of exhaustion. DM+ and DM- remain bullish. Overall, the weekly time frame is neutral/slightly bearish.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
XRP (XRP) - November 7Hello?
Welcome, traders.
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(XRPBTC 1W chart)
From August 2019 to the present, it has not completely deviated from the range 0.0000 1791 to 0.0000 2275.
Therefore, it is expected that the price will rise above 0.0000 2275 and rise above 0.0000 3909 to maintain the price to create a new wave.
However, the good news is that the price is maintaining above the M-Signal line of the 1M chart.
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(XRPUSDT 1W Chart)
The key is to keep the price above 0.47 and move above 0.6070.
If it fails to do so and it falls below 0.4084, it is expected to continue the downward trend again.
(1D chart)
The key is whether it can be supported in the 0.47-0.4955 section and rise to the volume profile section 0.5455-0.6070 section.
If not, there is a possibility that it will fall to the 0.4084-0.43 section.
If it rises more than the volume profile section, it is expected to rise sharply.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** HA SRRC indicators are expressed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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RIPPLE - Fundamental News Strong Support.The momentum that gave 10% local growth from the pro-trade tells us the intention of the price to show growth further.
The news that's been circulating around the internet says:
"Ripple CEO: already 12 independent organizations from the world of finance are promising legal support for Ripple in proceedings against the SEC."
Perhaps these events are luring traders into longs playing on emotion, for further gains at the expense of their stop losses.
If you like the idea, do like it. That's the best "Thanks!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
Pay attention to the missed opportunity to work out the trading situation.
XRP/USDT - LONG----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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⚡️⚡️ XRP/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Long)
Leverage: Cross (1.0X)
Entry Orders:
1) 0.4727 - 100.0%
Take-Profit Orders:
1) 0.5029 - 70.0%
2) 0.5331 - 20.0%
3) 0.5582 - 5.0%
Trailing Configuration:
Stop: Moving Target -
Trigger: Target (1
#XRP/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this XRP/USDT 1DAY chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome to this chart.
Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS: The cryptocurrency was recently rejected by the upper trendline of the bearish flag pattern and dropped to the middle boundary. This level nearly aligns with strong short-term support at $0.45.
If the price drops below both the boundary and the $0.45 support level, a plummet toward the channel’s lower trendline will be inevitable. Contrarily, if XRP successfully surpasses the multi-month descending trendline, a rally toward the $0.85 resistance region is anticipated.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
thank you.
Xrp... volatility! Buy the rumor sell the news.Xrp has a breakout that will occur by March 2023. A lot of hype now that crypto is being claimed to have become volatile.
Well... they love to make people fearful when crypto is already in fear on the fear and greed index. So what do we do? We BUY the rumor leading up to the news, and sell later.
XRPUSDTPERP - Re-accumulationIf from the current price the buyer will not be able to break through the local resistance for further movement, we are looking for an entry point into the long at the lower boundary of the range. On the chart after the breakdown of the trend and the formation of the range, we see that the spread is narrowing and the volume is falling, which tells us about the absence of large sales.
If you like the idea, do like it. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
XRP (XRP) - October 30Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(XRPUSDT 1W Chart)
The key is whether it can be supported by rising to the 0.4989-0.62 section.
(1D chart)
The key is whether it can find support near 0.47 and move above 0.4989.
Otherwise, it is expected to fall below 0.43.
At this time, it is expected that the uptrend can be continued only when it is supported in the 0.3814-0.4084 section or higher.
However, if the price is maintained above the M-Signal line of the 1W chart, it is highly likely to rise near the M-Signal line of the 1M chart, so countermeasures should be considered.
------------------------------------------------------------ -------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** HA SRRC indicators are expressed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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XRP BUy Setup💸New Free Signal💸
====================
⚡️#DOGE/USDT
🏛Exchanges :Binance & Kucoin Futures
📈 Sell Limit
💎Leverage : 10X - 15X
▶️ Spot& Future
🟡 Entry : 0.086$-0.0835$
🟢 Target 1 : 0.075$
🟢 Target 2 : 0.072$
🟢 Target 3 : 0.059$
🔴 Stop loss: 0.089$
📊Analysis Method: Order Blocks+ Volume profile
🆚Risk/Reward Ratio: 7
➖➖➖➖➖➖➖➖
👤 Desert Eagle🦅
📅 10.28.2022
⚠️ (DYOR)
Good Luck Traders📉📊
XRP (XRP) - October 22Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(XRPUSDT 1W Chart)
The key is whether it can be supported by rising to the 0.4989-0.62 section.
(1D chart)
The key is whether it can rise above 0.47 and find support.
Otherwise, it is expected to decline to around 0.4084.
The 0.4989-0.62 section is a trend-determining section and has strong support and resistance roles.
So, if it fails to rise quickly, it is likely to lead to further declines.
------------------------------------------------------------ -------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** HA SRRC indicators are expressed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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XRP/USD 1DAY UPDATE BY CRYPTOSANDERSWelcome to this quick XRP/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
XRP/USDT UPDATE:-XRP, formerly ripple, was another big mover on Thursday, as price bounced from its own support point.
Following a low of $0.4501 on Wednesday, XRP/USD raced to an intraday peak of $0.4638 earlier today.
Today’s move sees XRP snap a two-day losing streak, bouncing from a support of $0.4500 in the process.
Recent declines have also led to the 10-day (red) moving average (MA) dropping below its 25-day (blue) counterpart.
Although prices have since rebounded today, this shift in moving averages could be a signal for greater drops in price to come.
Momentum in XRP has shifted in the last two weeks, as it was hovering close to a five-month high previously.
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.
Hit the like button if you like it and share your charts in the comments section.
Thank you...
Ripple - The recap of latest developmentsFour days ago, we warned that the Ripple cryptocurrency would attempt to test its low from 13th October 2022. Shortly after, the XRPUSD fell approximately 7.5% toward the mentioned low. However, it did not manage to break below it. Instead, it paused its decline slightly above it and reversed back up. Therefore, we will continue to pay close attention to this level and price action; ideally, to support our bearish thesis, we would like to see another attempt of the price to break below the short-term support.
With that being said, we remain bearish in the medium and long term. Indeed, we are on the brink of changing our medium-term price target of 0.30 USD to a short-term price target (and long-term price target of 0.28 USD to a medium-term price target). Similarly, like in previous instances, we draw our conclusion from a combination of bearish fundamental and technical factors.
Illustration 1.01
Illustration 1.01 recapitulates our statements in the past few weeks for the audience.
Technical analysis - daily time frame
RSI, MACD, and Stochastic are bearish. DM+ and DM- performed a bearish crossover. The daily time frame is bearish, although the trend is very weak.
Illustration 1.02
The image above is a reminder that Ripple is still deep in the bear market territory, down approximately 86% from its all-time-high value.
Technical analysis - weekly time frame
RSI is turning neutral. Stochastic shows signs of exhaustion. MACD remains bullish. DM+ and DM- are also bullish. Overall, the weekly time frame is losing bullish momentum.
Illustration 1.03
While many people point out the rising volume on the monthly chart, Illustration 1.03 takes a closer look at what is going on in the weekly time frame; the volume continues to decline since the recent high in price, which does not support the bullish narrative for this cryptocurrency.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
XRP TO $11 BY MARCH 2023!- In order for this to happen the SEC lawsuit needs to be over and settled with.
- It does not matter if RIPPLE win or lose!!
- KIN coin was sued by the SEC they were fined $5 million for raising $100 Million as an ICO (INITIAL COIN OFFERING)
- Within 2 years KIN coin case was settled and most cases with the SEC settle within 2 years!
- KIN coin did a 20,000% increase after the lawsuit which they LOST, so imagine RIPPLE whether they win or lose XRP will still pump and by 2025 ONE XRP COULD BE AROUND £100!
$150-200 XRP is still in play guys!- Sorry for the long absence just been of the radar, focusing on my business and tik tok for my altcoin beast page.
- XRP is still in play for the big move guys, keep dollar cost averaging in.
- Remember to store your xrp offline on a software or hardware wallet!
- NOT FINANCIAL ADVICE!
XRP - 80% decline, be prepared!
An 80% drop is not sci-fi. But at the end of the day, you can buy cheap XRP at 0.1 USDT and hold it to 589 USDT, as the Simpsons predicted.
I am very bearish on XRP because the bears are in full control and I will tell you why in this analysis.
The price is trending in a massive descending parallel channel (very bad) and the first thing we want to see is a break of the channel to think about buying XRP.
XRP has been in a bear market since 2017. It has been 5 years and we didn't even hit a new all-time high during the 2020–2021 bull market.
As you can see on this chart, we have broken down out of the symmetrical triangle, which is an extremely bearish signal. You don't want to see triangles at the top of the uptrend as a bull.
As per my Elliott Wave analysis, this whole structure is totally incomplete and I am missing an impulse wave dawnward.
We have strong support at 0.1013 USDT, where the market should take stop losses below this swing low before continuing higher to new all-time highs.
It's very dangerous to buy XRP at this moment because this mini uptrend might already be complete.
But after all, I think XRP will experience a massive bull market, maybe in 2023-2025, to new all-time highs because it looks very solid on the monthly scale.
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