XRP Loading up for a big move! Here's a quick Look at XRP 6 hr chart. As we can see, the price has been forming a bigger symmetrical triangle and we could see a bigger break to the upside soon - BTC just need to get stable! Definitely one to keep an eye on.
The best entry would be, when the price breaks above the symmetrical triangle with good amount of volume .
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The idea is: Buy the breakout from the symmetrical triangle and take profits at the levels shown in the chart.
Targets:
1. 1.22$
2. 1.3$
3. 1.4$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure.
3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
-------------------------------------------
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
XRPBTC
XRP and the Interesting weekly RSIWhat do we have here?? XRP vs BTC chart on the weekly. The weekly RSI is telling me something different from what the SEC lawsuit is trying telling me. Although the scare of the lawsuit broke the divergence {that ultimately formed another one} it seems to have recently been restored to the long term trend. XRP has formed a lot of strength against Bitcoin and looks to be ready to make it's move.
Always invest with with lowered risk! There is no such thing as no risk.
XRP > Waiting for a Breakout! Hello Friends,
Hope you all are having a thrill in your trading journey.
I am presenting you my analysis of Ripple.
Kindly do your own research and follow proper risk management.
Feel free to share your views in the comment section. Like and Follow!
Best Regards,
Shaswat Naman
TradeThrill, India🇮🇳
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
XRPUSDT Technical Analysis⏳ Spot
💎 XRPUSDT has formed a symmetrical triangle and also has been moving along the ascending channel. If the breakout happens after the retest we will a Bullish move
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 1.0990 - 1.045
☕️ TP1 1.1510
🍺 TP2 1.2222
🍻 TP3 1.3737
🍾 TP4 1.6100
🚫 SL 1.0000
Good Luck 🎲
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XRP/USDT 4HOUR UPDATEWelcome to this quick xrp/usdt analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :-xrp/usdt is bullish falling wedge retest conform
Entry:- cmp and buy the dip
Traget:- 5% to 10%
Stoploss:- $1.10
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
XRP Price and date rangesWith BTC stealing the show the past few days breaking its previous ATH its only a matter of days until the beast is unleashed. This chart shows us some importanat timelines and dates that I personally think we will see XRP move the upside.
Will the SEC shake out the weak hands before lift off OR will it crush the price. One thing I have learned over the years is that if the government say to do one things - do the opposite and you will be right!
Lets see a strong finish to Q4. We need to close above $1.2 and I think this should happen by OCT 23rd.
Have a great weekend!
Wait for the big move! XRP is loading up for a bigger move!Here's a quick Look at XRP 6 hr chart. As we can see, the price has been forming a bigger symmetrical triangle and we could see a bigger break to the upside soon - BTC just need to get stable! Definitely one to keep an eye on.
The best entry would be, when the price breaks above the symmetrical triangle with good amount of volume .
-------------------------------------------
The idea is: Buy the breakout from the symmetrical triangle and take profits at the levels shown in the chart.
Targets:
1. 1.22$
2. 1.3$
3. 1.4$
-------------------------------------------
What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure.
3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
-------------------------------------------
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!
I'm Pretty Bullish on XRPUSD my active thoughts for XRPUSD and XRPBTC
I believe XRPUSD will experience extreme growth
Hence the very bullish bars pattern placed (its just a guess)
Being so close to the horizontal line on XRPBTC is great because it suggest price will be rejected bullishly as this in history has been a point of rejection
Hodl strong XRP army, your time is coming too
Ripple vs Bitcoin Daily Timeframe Chart Analysis (XRPBTC #4)Ripple (XRPBTC) had a bullish break recently when it managed to stay above MA200 (black line) and cut through EMA50 in late July and early August, but all this momentum has been lost now that prices are trading back below these levels.
The bearish signals are many and the bearish bias is strong.
We have everything trending lower.
The trading volume is low though as this correction takes place signaling that this is just a programmed correction.
XRPBTC might be aiming at the next support to see if buyers show up.
After May's peak price, XRPBTC found support just below the 0.618 Fib. retracement level, a pattern we see repeating over and over across all pairs.
We can use this same level as our bearish target before prices go back up.
IMPORTANT: Ripple (XRPBTC) is still trading way higher compared to early January 2021 when a low was hit at 0.00000619 satoshis, we are moving within a higher low.
For a long-term holder/investor/trader, this type of price action shouldn't be worrisome or relevant, it can be considered a long-term consolidation before prices resume their growth.
Here I am mapping/describing just one of many possible scenarios. The charts/markets can change fast...
Plan before you buy.
Prepare for all scenarios and follow through with your strategy to achieve maximum results.
Ripple has always been tricky but when it starts to go bullish it goes really wild and strong.
Thank you for reading.
Thanks for your continued support.
Namaste.
XRP #XRPUSDT XRP is still bullish on the hourly time frame and is looking like to continue its run till the nearest higher low i.e. 1.09 mentioned in the chart breaks. One can attempt a long by setting the stop loss at that point as it continues to make higher highs and higher lows.
LH = lower high
LL = lower low
HH = higher high
HL = higher low
✅Think like a Whale, act like a Whale! ✅In Crypto Space most of the Whales keep their value in BTC (900B marketcap) instead of USDT. (65B marketcap). There are significant exchanges from btc to large-scale projects such as XRP when these reach favorable relative values. Trading volumes are ridiculously higher in 2021, so we anticipate a big rise in the price of XRP over the next few weeks.
PS: Some people think that studing prices versus BTC is not important but, special if you are a swing trader, it is crucial.
XRP (XRP) - October 16Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(XRPUSD 1W Chart) - Mid-Long-Term Perspective
Above 0.68279 point: Expected to create a new wave.
(1D chart)
First resistance section: 1.07222-1.18894
Second resistance section: near 1.53490
First support section: near 0.83878
Second support section: 0.48862-0.60534
I think the first resistance section is an important section to determine the trend.
Therefore, it is expected that the direction of departure from the first resistance section will determine the trend.
If it falls from the 1.03687 point, a short-term Stop Loss is required.
However, since you can touch the volume profile section formed in the 0.71097-0.88410 section and rise, you need to think about how to respond.
If it rises to the 1.40290-1.53490 range, a whipsaw is expected, so careful trading is required.
If this whipsaw occurs above the downtrend line, it is expected to move along the uptrend line.
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(XRPBTC 1W Chart) - Mid-Long-Term Perspective
Above the 2365 Satoshi point: It is expected to change to an uptrend and rise.
4264 Satoshi point or higher: Expected to create a new wave.
Therefore, it is important to maintain the price by rising above the 2365 satoshi point.
(1D chart)
Resistance section: near the 2220 Satoshi point
Support section: 1476 Satoshi-1724 Satoshi section
If the price is maintained in the 1724 satoshi-2220 satoshi range, it is expected to turn into an upward trend.
It should rise above the 3329 Satoshi point to accelerate the uptrend.
If it falls from the 1285 Satoshi point, there is a possibility of entering the mid- to long-term investment area, so careful trading is required.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released.
(Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(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.)
Ripple XRPUSD - Elliott Wave + Ascending channel- On the chart we can spot an Impulse Elliott Wave and ascending parallel channel!
- As you can see we are currently at the 5th wave to the upside, which can be huge!
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- The coin started this uptrend by the Head and Shoulders pattern.
- Target is top of the channel or 1:1 fib extension!
- New all time highs are near than you think.
- The volume is decreasing, which means, that a big explosive move is coming!
- If you want to see more of these ideas, hit "Like" & "Follow"!
XRP Rejection From $1.2 Closes In On $1 As More Declines Beckon
XRP price forced below $1.1 and the 100 SMA following overhead pressure at $1.2.
The MACD and the RSI emphasize the emergent selling pressure, risking Ripple’s freefall to $1.
Ripple had gradually and with struggle rose to $1.2 during the weekend session. In September, the international money transfer token lost ground to $0.86. The lower prices allowed more buyers to come, thus lifting the token above $1. Bulls have their eyes glued on $1.4, but the barrier at $1.2 and $1.1 currently limit their efforts.
XRP Price Faces Short-term Resistance At the 100 SMA
Ripple trades around $1.09 at the time of writing. This follows a rejection from $1.2, as mentioned. The 100 Simple Moving Average (SMA) emphasizes the immediate resistance. If bulls do not recover above this level, and by extension $1.1, overhead pressure is bound to increase, leading to more losses to $1.
The Moving Average Convergence Divergence (MACD) adds credence to the bearish outlook. A sell signal will likely confirm in the incoming sessions. It will manifest as the 12-day Exponential Moving Average (EMA) crossed below the 26-day EMA. The odds for a further breakdown will soar if the MACD moves to the mean line and crosses into the negative region.
Note that the Relative Strength Index (RSI) validates the sellers’ grip on Ripple. This technical index follows the trend of the asset and calculates the strength. A continuous downward movement shows that sellers have the upper hand. Traders should be on the lookout for more action under the midline, which will add weight to the pessimistic narrative.
On the upside, Ripple must reclaim the position above the 100 SMA on the 12-hour chart and $1.1 to resume the uptrend. A move such as this will confirm to the investors that the token has what it takes to sustain an uptrend to $1.4 in the near term.
Ripple Intraday Levels
Spot rate: $1.09
Trend: Bearish
Volatility: Low
Support: $1.05 and the 50 SMA
Resistance: The 100 SMA and $1.2
XRP BTC pair ready for breakout?Seems XRP is building up several factor's for breaking out upwards.
Currently in a bullflag and in the general picture XRP is really bullish.
Broadening wedge in a falling wedge.
If we would see xrp repeat it's cycle of 2017 we could expect the targets being reached, keeping in mind a BTC value of 85k -100k.
A positive outcome of the lawsuit could see this playing out.
This is not financial advice and for entertainment use only.