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XRP - The Ultimate Falling Wedge!Here's a quick look at the weekly XRP chart. As we can see, the price has been in the bigger falling wedge for some time now. If we want a reversal, we need a break above the falling wedge , and also keep above the resistance zone . Otherwise, the price will continue to oscillate lower. If BTC goes down from current levels, then XRP could see a rejection from the upper trend-line! ------------------------------------------- What Is a Wedge in the context of trading?: "A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge-shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts. Key Takeaways for Falling wedges: 1. Wedge patterns are usually characterized by converging trend lines over 10 to 50 trading periods. 2. The patterns may be considered rising or falling wedges depending on their direction. 3. These patterns have an unusually good track record for forecasting price reversals." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
by MBM_Crypto
2
Ripple - Once a promising cryptocurrency, down 90% from ATHRipple has been trading predominantly within the wide range for the past three months, indicating a neutral trend. Despite that, we remain bearish on XRPUSD and await it to drop below the short-term support over time. Our notion is supported by a combination of fundamental and technical factors. However, the fact that this cryptocurrency is down approximately 90% from its all-time high also supports our view. Because of that, we would like to set the medium-term price target for XRPUSD at 0.30 USD and the long-term price target at 0.28 USD. Illustration 1.01 Illustration 1.01 depicts the daily chart of XRPUSD and the conservative trade setup. The yellow rectangle indicates the wide range. The breakout above the short-term resistance will be bullish, while the breakout below the short-term will be bearish. Technical analysis - daily time frame RSI and MACD are neutral. Stochastic is slightly bullish. DM+ and DM- are perform whipsaws, and ADX contains a low value. Overall, the daily time frame is neutral, showing no price trend. Illustration 1.02 The picture above shows the weekly chart of XRPUSD and two simple moving averages. These two moving averages, 20-week SMA and 50-week SMA, reflect bearish conditions. Technical analysis - weekly time frame RSI and Stochastic are neutral. MACD points to the upside but stays in the bearish area. DM+ and DM- are bearish. Overall, the weekly time frame remains 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.
BITSTAMP:XRPUSDShort
by Tradersweekly
34
Jamie Gun2head Trade - Selling XRPUSDTrade Idea: Selling XRP Reasoning: Bearish looking candle at decent resistance level Entry Level: 0.3321 Take Profit Level: 0.3225 Stop Loss: 0.3364 Risk/Reward: 2.23:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
BITFINEX:XRPUSDShort
by Signal_Centre
Jamie Gun2Head Trade - Selling XRPUSD Trade Idea: Selling XRP Reasoning: Formed bearish candle on hourly chart at key resistance Entry Level: 0.33160 Take Profit Level: 0.31900 Stop Loss: 0.33640 Risk/Reward: 2.62:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
BITFINEX:XRPUSDShort
by Signal_Centre
XRP (XRP) - August 29Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (XRPUSDT 1W Chart) Whether or not it can move higher than 0.4989 is crucial. (1D chart) We need to see if we can quickly rise above 0.3283. If resistance is found at 0.3283, I would expect a move towards the 0.2727-0.2829 range. With this increase, it is showing a downward trend after an increase of about 42%. From the high of the uptrend, it is down about -19% to the 0.3283 point, the point where support is needed to sustain the uptrend. Therefore, if it finds support and rises near 0.3283, it is expected to move up to around 0.4989. (XRP.D 1W chart) However, it is only when XRP dominance breaks out of a downward trend that it will show a full-fledged uptrend. As the Bollinger Bands contract in this way, it can be seen that they are being excluded from the market. If you want to invest in XRP, I think it's time to buy slowly when you see this. However, if you are investing in the short term, it is better to buy when the Bollinger Bands start to spread. Otherwise, you may stagnate your funds and miss out on a better opportunity. ------------------------------------------------------------ ----------------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
2
XRPUSDT - Parabolic FRACTAL shows +700%Hi Traders, Investors and Speculators 📉📈 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩‍🏫 XRP is an underrated altcoin with massive upside potential. It's one of very few long-existing coins trading far underneath ATH. Fundamentally, it's also one of the altcoins with the highest selling points to make for a strong argument in investing. I've identified a macro parabolic fractal on XRPUSDT that shows great potential of +700% if we go back to the 0 Fibonacci Retracement level, currently also the next major support zone at 28c. Watch this quick 5min video to find out how we get to 700%. Want to know a little more about buying at the bottom? Watch this quick educational idea on Ethereum and the Dollar-Cost-Average method: Into Bitcoin? Here's my ultimate speculation to $100K: _________________ 👀 Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎 👍Hit like & Follow 🔔 We thank you for your support ! CryptoCheck
Long
by CryptoCheck-
39
XRP still in a downtrend...Here's a quick look at the weekly XRP chart. As we can see, the price has been in the bigger falling wedge for some time now. If we want a reversal, we need a break above the falling wedge , and also keep above the resistance zone . Otherwise, the price will continue to oscillate lower. ------------------------------------------- What Is a Wedge in the context of trading?: "A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge-shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts. Key Takeaways for Falling wedges: 1. Wedge patterns are usually characterized by converging trend lines over 10 to 50 trading periods. 2. The patterns may be considered rising or falling wedges depending on their direction. 3. These patterns have an unusually good track record for forecasting price reversals." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
by MBM_Crypto
Ripple XRP - Market overview + Elliott Wave analysis XRP is a very weak coin this year, and this trend will probably continue for another year. I'll tell you why.  During the bull market in 2020–2021, XRP failed to print an impulsive wave and also failed to make a new all-time high. Instead of an impulsive structure, we have an ABC correction. This tells us that the bulls are not strong enough yet to push the price higher and that the bears remain in full control. I think XRP will experience a massive uptrend on the weekly chart, but we still need to be patient and wait for the opportunity that should come later in 2023–2024.  As per my Elliott Wave analysis, this bearish structure is absolutely incomplete, and that's why I expect another down-trend. The chart printed a symmetrical triangle on the weekly chart that broke down. Symmetrical triangles on weekly timeframes are especially powerful, and it usually requires more time for the bulls to regain strength again. I expect tremendous gains for selected altcoins. You can find them in the related section down below. For more analysis, please hit "Like" and "Follow"!
by UnknownUnicorn2537518
29
Jamie Gun2Head Trade - Buying XRPTrade Idea: Buying XRP Reasoning: Short term support level - good risk reward if it holds today Entry Level: 0.33520 Take Profit Level: 0.34810 Stop Loss: 0.33070 Risk/Reward: 2.87:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
BITFINEX:XRPUSDLong
by Signal_Centre
1
XRP (XRP) - August 16hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (XRPUSDT 1W Chart) The key is whether you can climb to the 0.4989-0.62 section. (1D chart) We need to find support at 0.3628 and see if we can move higher than 0.4084. It has not yet broken through the upper Bollinger Bands (60) level, so a breakout attempt is expected in the near future. If it falls below the 0.3283-0.3466 section, there is a possibility of a sharp drop, so be careful. The key is whether you can close the gap between 100EMA and 200EMA by shaking up and down. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (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.) ---------------------------------
by readCrypto
Jamie Gun2Head Idea - Buying XRP Trade Idea: Buying XRP Reasoning: Breaking above a key level, higher lows being put in, looking for a move higher Entry Level: 0.3773 Take Profit Level: 0.3943 Stop Loss: 0.3710 Risk/Reward: 2.7:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
BITFINEX:XRPUSDLong
by Signal_Centre
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 :- XRP Breakout symmetrical triangle pattern in the daily timeframe. Currently retesting the upper support according to the pattern we can expect a bounce from here. The chart will be invalided if it breaks the lower support of this triangle. 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
3