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XRPBTC

Ripple Drops 38% From September Highs; Time To Buy The Dip? Ripple extends the bearish leg to $0.86 but recovers gradually to $0.94. A confirmed breakout above $0.95 would affirm the bulls’ grip on the price for gains eyeing levels above $1. Ripple explored the levels below $1 following the bearish wave that started hitting the market on Sunday. The cross-border token had lifted to September highs of $1.4 before a correction trimmed losses. Initially, support between $1 and $1.1 mitigated the impact of the bearish wave. Nonetheless, the last two days have been highly volatile, with Bitcoin dropping from above $48,000 to nearly $42,000. Meanwhile, XRP plunged to test support at $0.9, but the candlewick hit lowers $0.86 for the first time since August. Ripple Could Be Preparing An Upswing To $1 The support at $0.9 currently ensures that Ripple does not drop to the following critical demand zone, the red band slightly below $0.8. At the same time, it ensures that buyers have the upper hand as they focus on the rebound to $1. Ripple is trading at $0.94 at the time of writing amid a bullish building momentum. The Moving Average Convergence Divergence (MACD) emphasizes the bearish grip at the moment. Still, there is a possibility of a buy signal coming into the picture, especially if Ripple gains momentum above $0.95. It is essential to watch out for the 12-day Exponential Moving Average (SMA) crossing above the 26-day EMA. Moreover, a consistent MACD movement toward the mean line would add credence to the optimistic outlook. As Ripple recovers, some delay should be anticipated at $1, where some holders will try to break even, dampening the selling pressure. However, the most substantial supply zone is the red band on the four-hour chart. A break above this area could liberate XRP and pave the way for another leg up to $1.2 and later to $1.4. On the downside, if losses extend below $0.9, Ripple will quickly drop to the green band, whereby bulls will put up a fierce fight, perhaps sending the cross-border token significantly upward. Ripple Intraday Levels Spot rate: $0.94 Trend: Bullish Volatility: Expanding Support: $0.9 and $0.8 Resistance: $1 and $1.1
BITFINEX:XRPUSDLong
by CoinGape
5
XRP (XRP) - September 20Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (XRPUSD 1W Chart) If the price maintains above the 0.51383-0.68279 range, we expect the uptrend to continue. In particular, if the price is maintained above the 0.71097-0.88410 section of the volume profile, it is expected to create a new wave. (1D chart) If the price is maintained in the range of 1.03687-1.18660, it is expected that the uptrend will continue. A decline from the 1.03687 point could lead to below the 0.88410 point, so trade cautiously. Above the 1.03687 point is the high point, so it is very important to keep the price above this point. For the uptrend to accelerate, it must rise above the 1.53490 point. I don't know if it is due to the lawsuit of Ripple, but what used to be Ripple coin is being written as XRP coin. Therefore, from now on, we will change the name to XRP coin instead of Ripple coin. ------------------------------------- (XRPBTC 1W chart) We'll have to see if we can climb above the 2365 Satoshi point and get out of the bottom convolution zone. To create a new wave, it must rise above the 4264 Satoshi point. (1D chart) If the price is maintained in the 2220 Satoshi-2715 Satoshi section, it is expected that the upward trend will continue. If it falls from the 2220 satoshi point, it can touch the 1476 satoshi-1724 satoshi section, so you need to trade carefully. To accelerate the uptrend, it must rise above the 2963 Satoshi point. ------------------------------------------ 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. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. 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.)
BITFINEX:XRPUSD
by readCrypto
3
Ripple XRPUSD - Ascending channel + Elliott Wave- 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"!
BITSTAMP:XRPUSDLong
by UnknownUnicorn2537518
9
XRP Get READY?!Hello IWealth Here, I have been Trading and Teaching for 7 years. and im happy to share my idea that could help you in the crypto space. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------ I Am bullish on XRP long term however I do suspect after this small relief bounce we can see 0.80-0.90s and that would be an area where I would buy again! Long term I see this moving pass $5.00 in the next year or two!
Long
by IWealthCommunity
4