Will XRP the "ugly duckling" pump again ? Hello everyone !
Today H₿ Capital is analyzing XRP based on a 2 Weeks chart 📈
XRP the ugly duckling of the crypto space is technically in an interesting position. The SEC case could be a huge catalyst for XRP, so let’s see if this asset could pump again like it did the previous cycles and where it could head to.
What we can see :
- Prices evolved into a descending channel since December 2017 and we are actually in the upper localisation.
- Right now prices are supported by the black uptrend line + the MA50 which acts as a strong support.
- But prices got difficulties to break the MA20 which acts as a resistance.
Reasons to be bullish :
- RSI printed a nice bullish divergence
- The CHOP index is high —-> Big movement in approach
- Spreads and Stochastics are very low
- There is a big divergence on the OBV (higher lows on prices Vs higher highs on the OBV)
2 scenarios we can expect :
Case #1 : If prices manage to hold the MA50 + uptrend line and manage to break the MA20, then we can TP(1) when prices will hit the descending upper trendline of the channel.
Then, If XRP breaks this level, we can TP(2) on the trend-based fib extension 1.68 / 2.618 = 5,47$ to 8,79$
Case #2 : If XRP loses its MA50 + uptrend line, be prepared to accumulate at those levels (if you still believe in this project)
- MA100 = 0.48$
- MA 200 = 0.32$
- VPVR Point of control = 0,21$ (Best buying target)
- Descending lower trendline of the channel
Good luck traders, my the crypto be with you 🍀
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XRPBUSD
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!
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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."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
XRPUSDT trade two way opportunitiesXRPUSD positively running according to our previous prediction. XRPUSDT trade can be range bounded between 0.2-0.8 level. Short term Trade has good opportunities to boost up. for long term, trade will boost up from -161% Fib level.
We publish precise and compact information after careful consideration which give you quick glimpse for comparative analysis. Always do your own analysis before taking any trade. Our aim is to deliver simple and compact information which can be used by beginner to give them brief understanding of trades without any complexity. if you have any question or want to ask about analysis of other pairs or you have any confusion about analysis then feel free to ask us. Don't forget to support us by sharing our ideas and hit like and subscribe button. You can support us through coins donation for more frequent signals.
XRP Analyze (Road Map)!!!🗺️XRP can make a Double Zigzag Correction like most of the assets we are following.
The end of XRP Correction can be around 0.24$-0.23$ OR 0.152$-0.1$ (You can see these zones in my chart).
XRP Analyze ( XRPUSDT ) Timeframe Weekly ⏰ ( Log Scale )
🔅 Tip : When XRP breaks Resistance Zone 1 , or if I want to say better, When XRP can break the Important Resistance Line , after that, we can verify the end of main wave 4 .
🔴 Resistance zone 1 🔴: 0.62$ until 0.49$
🟢 Heavy Support Zone 🟢: 0.152$ until 0.1$
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
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ripple expected path for the upcoming weeks- follow me for morehey, i am merna, a middle-eastern analyst, follow me for more ideas and quotes on twitter! luv ya ❤️
the price have approached support area, the ripple has the past of breaking but not closing under support levels, if the price close 1 day bar twice under the level of S, then it's expected to go as low as major acc.
otherwise, we are targeting resistance orange box if the trendline is broken and closed beyond it.
S = support
R = resistance
R2 = 2nd resistance
major acc = where most of the big players bought ripple , when price approaches these levels they will defend their positions hard
AH = all-time high
AL = all-time low
XRP vs XLMWho is gonna be stronger?💪 This is comparison XRPUSDT/XLMUSDT, so if the:
*price is going up, it means XRP is stronger than XLM
*price is going down, it means XRP is weaker than XLM
Ripple is breaking up the yellow triangle which was formed by consolidation after the bullish impulse move, so together it created sort of bull flag and we are just breaking out of it. Target of flag pattern is confluencing with 0.854 fib retracement of the whole range. To sum it up, it looks to me that in the following weeks/months, Ripple could be stronger than Stellar with some pullbacks along the way (as shown by the lime path). What's your take?
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XRPUSDT trade analysisXRPUSDT trade will be in bullish phase as it crosses accumulation period then it will hit 10X target.
We publish precise and compact information after careful consideration which give you quick glimpse for comparative analysis. if you have any question or want to ask about analysis of other pairs or you have any confusion about analysis then feel free to ask us. Don't forget to support by share your ideas and hit like and subscribe button.
XRPUSDT POTENTIAL TRADEKeeping in mind the bigger picture of xrp which extends its mid term target to $1.62 potentially.
i have broken down this trade into best possible buy on XRP.
I believe its the lowest leg down we will see and after this we will see greater volume and price action in XRPUSDT pair.
Kindly use this chart as a reference and always do your own analysis before investing into anything.
I wish you all best of luck.
P.S Please like the idea to support my work. TY :)
XRP triangle breakout 📐Ripple is breaking out of this local range up and I think it will also break up this triangle 📐later on. Then there would be a chance for run to 2.29 and even higher. Setting BUY LIMIT order to catch the pullback.❌R P come on!
ENTRY : local high @ 0.9361
STOPLOSS (SL) : local low @ 0.7601
TARGETS (TP) : TP1 - resistance @ 1.41 | TP2 - resistance @ 1.70 | TP3 - resistance @ 2.22 right below of the projection (height of the triangle projected from midpoint of the local range (BUY LIMIT - SL))
REWARD RISK RATIO (RRR) : TP1 - 2.7 | TP2 - 4.3 | TP3 - 7.3
INVALIDATION : when SL level hit
Will the history repeat itself? 👇
Check my other stuff in related ideas.
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Ripple Analysis [October 26, 2021]The picture explains it all.
AB = CD patter.
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Dear Ripple, your time has come again!XRP breaking up this triangle 📐 and I think there is chance for run to 2.54 and even higher. Setting BUY LIMIT order to catch the pullback. Ripple , just cripple the Beras!🐻
ENTRY : local high @ 1.23
SL : local low @ 0.948
TARGET : height of the triangle projected from midpoint of the local range (BUY LIMIT - SL) @ 2.54
RRR : 4.6
INVALIDATION : when SL level hit
Check my other stuff in related ideas.
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Potential XRP breakout with $1.80 targetLooking to open LONG position here:
- touched 200MA and bounced
- breakout
- nice RR
Do you agree? Do you think we can get to $4 or higher?
XRP forecast Hi,
xrp is moving gradually up. long awaited significant move is due. in upcoming weeks we'll see lower highs and higher highs. in couple of months its expected to touch new all time high.
Triangle shape is completed and waiting for breakout.
1st, 2nd and 3rd targets have been set as per Feb Retracement
this idea is for just educational purpose.
Please feel free to share your idea in comments.
Thank you.
XRP/USDT 1HOUR 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 Broke out of trend line...
Entry:-cmp or more in dip
Traget:-
T1:- $1.17
T2:- $1.19
T3:- $1.22
T4:- $1.24
Stoploss:- $1.11
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/btc 1d updatexrp/btc 1D Analiysis
5x to 10x
xrp long:-cmp
target:-80% to 90%
stoploss:- 0.00001070
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...
thank you...