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XRP - Where is it now?XRP is going through a very healthy downtrend channel. Unlike most of the coins in this market such as Bitcoin and Ethereum, It hasn't formed a very strong bearish flag or pattern. But it doesn't mean that it's gonna pump or anything because honestly, everything depends on Bitcoin's decision right now which is a whole different topic to talk about: Overall, it's not a very good time to buy. also don't open any long positions right now since the market is super fragile. Current Market Price: $0.6075 Good Luck Tell me your ideas. Like and Share
by ShawnMCR
XRP Bottom .28-36c by mid-July -> Explosion Early Aug to $5 - $7Decided to use a little math on this chart and found the bar distance between optimized buy (green vertical) and sell (red vertical) zones from historic price charts paired with understanding that XRP / USD breakout's occur when the price exists the 8/1 Gann Fann on 5/5 of the previous parabolic explosions. The distance between 2017 ATH and each separate bull run became shorter in bar time and is now expecting to see a parabolic run to $5-$7 in August which aligns with a fundamentals of JED MC Tacostand Wallet running out of XRP and the lawsuit to reach settlement and end price suppression.
BINANCE:XRPUSDLong
by BramwellFoxCEO
1
XRP - That is what is happening!!! 🚀🚀Update on Ripple!!! After a long trade in the area, xrp fell 35%, broke through the $0.65 support level, gathered liquidity below the $0.52 level, and bounced back to the $0.65 level. The price has now squeezed near that resistance level. I think the price could break this resistance level and move up into the value area, I am now looking for entry opportunities. Guys, don't forget about stop losses, it will save your money! Write in the comments all your questions and instrument analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
by Yuriy_Bishko
11
Ripple’s 30% rally bows to selling pressure under $0.7 Ripple gained ground to $0.67 after the massive weekly selloff to $0.52. Overhead pressure under $0.7 results in a retreat to $0.6. The MACD reveals that XRP is still in the bulls’ hands. Ripple suffered greatly under the battering jabs from the bears at the beginning of the week. The feared downfall to $0.5 occurred as XRP tumbled to $0.52. Meanwhile, a recovery followed swiftly, with Ripple gaining the lost ground above $0.6. The bulls stretched the up leg toward $0.7, but the momentum lost steam at $0.67. At the time of writing, trades at $0.62 following a minor correction. Holding support at $0.6 is crucial for the resumption of the uptrend. However, Ripple may retreat further before bulls throw another jab at $0.7. Ripple’s weakening on-chain metrics could be hindering recovery On-chain metrics play a key role in the performance of most crypto assets. Understanding the signals from the metrics helps investors make informed decisions. According to data from Santiment, the number of new addresses joining the XRP has dwindled over the last 30 days. Moreover, the XRP price has been falling in tandem with the addresses. For instance, from a 30-day high of nearly 4,800 addresses created on May 24, only 2,055 addresses were created on the network on June 23. On May 24, Ripple exchanged hands at $0.86, but the price had fallen to $0.64 on June 23. Declining network growth is usually a bearish signal, ascertaining that the project is losing traction. Hence, if the metric fails to turn around, XRP price will likely delay recovery or continue exploring the rabbit hole. On the flip side, the Moving Average Convergence Divergence (MACD) hints at the trend remaining in the bulls’ hands despite the correction from $0.68. Realize that the bullish outlook emanates from the MACD line (blue) sustain the divergence above the signal line. Besides, holding above $0.6 support may allow bulls to focus on recovery toward $1. Ripple price intraday price levels Spot rate: $0.62 Trend: Bearish Volatility: Low Support: $0.62 and $0.52 Resistance: $0.7 and $0.85
BITFINEX:XRPUSD
by CoinGape
1
2017 price correction VS 2021 price correction Are we still on track or is it all doom and gloom for XRP? Buying them dips - 2 XRP for $1 sounds all right to me... Most people here from 2017 are still 100-200% up / all the noob retail investors from 2021 have been burnt for getting in at $1.60+ - is this a SHAKEOUT or is it going lower? Time will tell. We can all see that BTC is holding support and the narrative/regulation "GREEN/CARBON NEUTRAL" story line / agenda is coming into play. Who wins there? RIPPLE - carbon neutral and working with regulators past 8 years... HOLD TIGHT, its been a bumpy ride but we will get there!
POLONIEX:XRPUSDLong
by AdonisB
XRP/BTC Pair Back testing the 200 Day SMA Following Golden CrossEven with all the blood in crypto markets currently, most major alts look healthy against the BTC pair. Altcoin dominance is still steadily climbing, and the secondary trend of the crypto market seems to be showing us alts are still the play. Last time XRP had a golden cross that held support in 2017, we saw XRP follow up with 2600% returns on the BTC pair. This time around, if we can achieve a similar satoshi price we could see another 1200% gain in XRP against BTC. It will be crucial for XRP to hold the 200 Day as support, so the next few days will be important to watch. The only outliers we have of this not playing out is XRP breakout in December of 2020 followed by the bearish SEC news, and the failed golden cross in September of 2016. Other than that, history might not be repeating identically, but it definitely rhymes! Stay tuned! - CA$HLESS
by CASHLESSSOCYS
3