XRP ready for a run?!XRP has held perfectly on this ascending channel on the 4HR TF with no closes below this bottom support, we have lots of room to move up to the 0.2 FIB level. Our Zero Lag MACD recently printed a buy and as of right now our Blue MA is crossing overtop of the orange MA which is bullish if its confirmed, The Red MACD Lead is coming upwards fast and showing no signs of slowing down, also the histogram is looking like we are going to see a green bar be printed. The RSI is slopping down underneath our 50. point line but keep in mind we are looking at the 4HR TF, if you check out the daily we perfectly bounced off and above the 50. point line looking like we are going to see a confirmed uptrend soon. Always keep in mind that BTC leads the market and can very easily drag everything down if we see another dip. Not financial advice just my opinion!
Xrpforecast
I ANALYZE FOR YOUR COMFORT - XRPHigh azimuth consolidation movement for XRP. Probable long direction that will be triggered possibly in the coming days.
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Xrp still in correction wait for breakoutHi guys due to btc correction most of the altcoins are following it like XRP. We are in correction phase if it breaks this descending channel we can see buying area there with good profits till next resistance
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XRP bulls lining up for next pump
Ripple didn't escape from last weekend's correction. Its price action retraced and tested the fib golden level 618.
Technically speaking, this crypto asset remains in a bullish bias, still trading above the 50 EMA, potentially looking forward to the next pump. Fib extension tool could allow us to forecast the next movement target around the previous ATH at the 3.53 handle.
Fundamentally speaking, Ripple continues under the thumb of the Security Exchange Commission. The SEC has decided to move forward with a high-profile enforcement action, but at the same time is concern about losing this case as this could damage its countenance.
Despite this clusterfuck and unpredictable outcome with the legal litigation, XRP market price kept pumping, responding to the market's demand. Let's keep a close watch and see you all at the ATH above $3.
#XRParmy
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XRP 1D What does the market want? Continued growth or correctionIn the previous XRPUSDT idea, we assumed that the correction would start from the $1.10-1.25 zone
However, after 1-2days. came out news about Ripple's Defi Token and the price skyrocketed.
Or maybe XRP investors really decided to overclock it to a fair price in their opinion.
Write in the comments what you think about the situation around Ripple
Now the zone of $1.10-1.25 is playing the role of support and is still skillfully coping with it. Above this price zone, one should expect continued growth, first to $1.75. If this level easily breaks up, then the XRPUSD price will be met by the $2.55-3.00 trading zone.
If the corrective fall in XRPUSDT has not yet ended, then below the critical level of $1.00-1.06. Below it, there will be space for the continuation of the fall to the area of $0.70
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Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
XRP (Ripple) Coin Analysis 19/03/2021Fundamentals:
To begin with, it’s important to understand the difference between XRP, Ripple and RippleNet. XRP is the currency that runs on a digital payment platform called RippleNet, which is on top of a distributed ledger database called XRP Ledger. While RippleNet is run by a company called Ripple, the XRP Ledger is open-source and is not based on blockchain, but rather the previously mentioned distributed ledger database.
The RippleNet payment platform is a real-time gross settlement (RTGS) system that aims to enable instant monetary transactions globally. While XRP is the cryptocurrency native to the XRP Ledger, you can actually use any currency to transact on the platform.
While the idea behind the Ripple payment platform was first voiced in 2004 by Ryan Fugger, it wasn’t until Jed McCaleb and Chris Larson took over the project in 2012 that Ripple began to be built (at the time, it was also called OpenCoin).
XRP was created by Ripple to be a speedy, less costly and more scalable alternative to both other digital assets and existing monetary payment platforms like SWIFT.
RippleNet’s ledger is maintained by the global XRP Community, with Ripple the company as an active member. The XRP Ledger processes transactions roughly every 3-5 seconds, or whenever independent validator nodes come to a consensus on both the order and validity of XRP transactions — as opposed to proof-of-work mining like Bitcoin (BTC). Anyone can be a Ripple validator, and the list is currently made up of Ripple along with universities, financial institutions and others.
The live XRP price today is $0.473799 USD with a 24-hour trading volume of $2,833,524,754 USD. XRP is down 1.35% in the last 24 hours. The current CoinMarketCap ranking is #7, with a live market cap of $21,512,378,294 USD. It has a circulating supply of 45,404,028,640 XRP coins and a max. supply of 100,000,000,000 XRP coins.
The top exchanges for trading in XRP are currently Binance, Huobi Global, Bybit, OKEx, and BitZ. You can find others listed on our crypto exchanges page.
Technical Analysis:
there are total of 3 Targets Defined by Fibonacci Projection
3 TP is very dependent on the Process of the 2TP achievement. (Triger followed some retracement)
XRP 1D Good growth, time for correctionOver the past two months, we have published two ideas on Ripple
First, there was a global idea, which now reaches the global goal with a result of + 250-300%
And two weeks ago, they published a short-term idea of XRPUSD, which fully worked out.
Well, it's time to take profits.
Broadly speaking, XRPUSDT longs will be fixed in the $1.10-1.25 zone.
If you want to take risks and have the opportunity to follow from price, then you should carefully monitor the behavior of the XRPUSDT price in the zone of $1.20-1.25
It's time for such a strong growth to be corrected, and the best level for correcting the XRPUSD price will be $0.72-0.74
_____________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
XRP 12h What's closer to your heart? Buy at0.27$ or sell at1.20$Today we will look at a possible scenario of XRPUSDT movement on a large time frame, as our previous short-term XRPUSD idea gained more popularity.
The previous idea, albeit with difficulties, nevertheless reached the target of $0.60 and even slightly higher.
Then a strong coin fall awaited us, the main trigger, of course, was the fall in BTC
The fall was more than 40% and, unfortunately, the exchanges liquidated most of the long positions in those who like margin trading without stops. Don't trade like that ...!
If we look at the picture globally, we can see the big consolidation in the triangle, which started back in November last year. T he upper border of this triangle passes somewhere through $0.73-0.74 , if the price can gain a foothold above, then we will face growth in the XRPUSD pair
However, if you look in more detail, we will see that this month the XRPUSDT price tried to break up the $0.57-0.63 zone three times, but the buyers were defeated.
If they do not break up and from the fourth time, then buyers may completely surrender, and this may entail a fall in price to $0.27
Therefore, be careful and sensible when trading Ripple
_____________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
XRPUSD Ripple Buy Long - New Day Week Highs imminent ' Forecast Having just really moved sideways over the past week we still see No Good Reason to be short here.
XRP Sellers may be rewarded if right, but clearly the Risk to Reward opportunity is still with the buyers.
As stated in previous post the Crypto Market is extremely Volatile & anyone trading it has to have both their
MONEY MANAGEMENT
& Trading DISCIPLINE In Check .
The swings in the Crypto currency market don't take any prisoners.
It's easy to get completely wiped out using excessive leverage without good knowledge or discipline.
Any how we are still long XRPUSD ripple and will wait for the ride to begin.
Many times the market will have a trader trading in and out of a position many times exhausting their patients before the market makes the big move one was waiting for.
For that reason we build a plan based on preferred and optional entry areas, when trading crypto and wait for the opportunity to enter, then just sit back and let the market do the work.
(Nothing in trading is guaranteed but you can't win if your not in)
RIPPLE (XRPUSDT/XRPBTC) Daily Trade Setups 2021/02/18Hi guys! I will be sharing the trades that I take in real time, follow to see how my trades work out!
If you like this post, please support me by clicking the like and follow buttons. Also feel free to share your thoughts and analysis in the comments below!
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Trade Setups
Below are the potential trade setups that I would be interested in trading:
XRPUSDT
Long Trade Setup #1: Breakout and Continuation
1. Price Action: Price breaks above and falls back down to $0.64 and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
Short Trade Setup #1: False Breakout
1. Price Action: Price breaks above and then falls below the high @ $0.64, forming a bull trap
2. Trade Entry Confirmations: A breakout candlestick followed by a breakdown candlestick, above average volume on both breakout candle and breakdown candle, MACD topping out
XRPBTC
Long Trade Setup #1: False Breakdown
1. Price Action: Price breaks below the then rapidly climbs above 950 Sats, forming a bear trap
2. Trade Entry Confirmations: A breakdown candlestick followed by a reclaiming candlestick, above average volume on both breakdown candle and reclaiming candle, MACD bottoming
Short Trade Setup #1: Retest and Continuation (200MAs)
1. Price Action: Price needs to move back up to the 200MAs, currently projected to be @ 1110-1140 Sats by the time price reaches it, and bounce back down.
2. Trade Entry Confirmations: Bearish candlestick pattern, above average volume, MACD topping out
About Me
I started trading in 2008, first got introduced to bitcoin in 2009, and have been actively trading cryptocurrencies since 2016.
I have worked on Wall Street trading bonds, stocks, and options.
I have taken hundreds of live trades, each recorded with over 50 data points, all meticulously analyzed, using data analysis and modeling to optimize win probability and risk reward.
Why Follow Me
Daily analysis on the latest market movements and price zones for high probability trade setups.
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DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I will not be responsible for any actions you take based on the analysis and comments that I provide. I am simply sharing what I am doing, and is not meant to be investment or trading advice. What you choose to do with the information that I provide is your own sole responsibility! The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk!
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XRPUSD Higher? We still like the long side of XRP buy pullbacks Although XRP has been in the headlines a lot recently regarding US regulators we still like the long side of this Crypto currency and have been adding to our exposure since its major selloff.
However we dont see a great location to add to our position around these levels.
Unless one is prepared to have a considerably high risk tolerance to this Crypto we would avoid adding here and would prefer lower prices first, Alternatively we would consider adding higher once the new breakout occurs with a better idea of where we would have an acceptable risk.
Crypto currencies have a tremendous amount of volatility and so if you are not prepared for large percent % drawdowns one would do best to pick strategic entry points or trade a different asset class completely.
On the other had if one is building a long term portfolio of crypto holdings then averaging into XRP/USD with more flexibility to precise price levels is not a bad idea.
XRP Buyers are preparing for a test of $0,78It took only two days for buyers to start trying to build a growth trend again . The price of XRP quickly tested the range of $0.46-0.48 , which we wrote about in the previous idea :
Interestingly, the price of XRP began to rise on February 4, when BTC fell.
Looking at the volume of trades , the price is consolidating and buyers are not yet ready to take control of the range of $0.46-0.48. However, the seller's attempt to continue the wave of decline looks very weak. At the moment, the price of XRP is moving between two trend lines. To start a new wave of growth, buyers need to keep the mark of $0.4 and consolidate above the range of $0.46-0.48
It is then safest to buy this coin with the first target of $0.78.
The positive scenario in the Ripple market also hints at the XRPBTC chart:
If the attempt of sellers to break the lower trend line of the triangle is unsuccessful - we will expect a new impetus to growth in the XRP market.
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XRPBTC: Diagonal patternAs you can see in the image, in the 3-day chart, the Diagonal pattern has been completed in the range of 653 and the uptrend has started, this is a very long ascending trend and its initial confirmation is that the price has crossed the range of 4264, which is at the end of the 4th wave.
XRP in Wave 3 Dear Traders
XRP is in wave 3 which will move over 0.49 then will pull back to 0.4370 and in this rate we get ready for wave 5 which will lead the market to 0.5860
All the waves are clear in the chart. in Wave 1, the subwave 5 didn't pass wave 3 and this wave made it complicated. I was planning to count wave 2 as the subwave 4 of wave 1 which was rejected because subwave 4 couldn't cross subwave 1.
If you are agree with my analysis please click the Like button I will find out we are in right decision or not.
Thank you
Best wishes
XRP - 4h. The level of $0.28 again plays a key role.After an unsuccessful attempt by buyers on January 10 to consolidate above the range of $0.36-0.38, the XRP market stopped consolidating.
A recent attempt by buyers to organize trend movement and consolidate above $0.31 failed. The critical point during this attack of buyers was the mark of $0.28 , which we wrote about in the previous idea :
The range of $0.24-026 has stood the test of time again and consolidation continues. The new attack of buyers continues at lower volumes than the previous time. Therefore, it is too early to talk about the breakdown of consolidation and the mark of $0.31.
At the moment, the price of XRP again stopped at $0.28 and is consolidating below it. If the price of BTC continues to put pressure on the range of $33400-3400 0 in the XRP market will occur shot to $0.31.
However, the situation is tense and sellers do not need much effort to resend the price of XRP to $0.24-0.26 . Moreover, if you look at the graph of the pair XRPBTC - the triangle formed has almost the same chances of a shot both up and down.
Therefore, for a short-term trade, we expect to fix the price above $0.28.
_________________________
We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!
XRP-4h. Below $0.28 sellers will launch an aggressive attack.The initiative of buyers in the XRP market is in jeopardy. From December 30, buyers try to control the price of XRP without lowering it below the white trend line . Fixing prices above the range of $0.24-0.2 6 brought the XRP market back to life.
However, several unsuccessful attempts by buyers to break the $ 0.31 mark increase the likelihood of re-testing the $0.24-0.26 range .
The critical point for this scenario is $0.28. While the price of XRP is above this mark, buyers have a high chance to break $0.31 and continue to grow to $0.36-0.38.
While the price of BTC is above the range of $ 32000-33000, the XRP market has a high chance of continued growth.
Below $0.28, buyers will have to defend themselves seriously.
Is there a chance that the price of XRP will continue to rise above $0.36? See our previous idea.
_______________________________
We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!
XRP Will Move Upwards Again, If It Breaks Through ResistanceIn this technical analysis I will walk you through a long set-up I found when charting XRP. There are a few important parts that I want to highlight on this chart.
Position:
I suggest a long position here on XRP as we see the entire crypto market trending upwards over the last few hours. Also, XRP is making higher lows and is about to break through a horizontal zone
Entry:
I wouldn't enter just yet. Though I suddenly see some bullish signals on XRP I wouldn't say it's confirmed yet. I suggest to wait for a proper breakout through the horizontal zone before you'd enter. This would be around the $.317 level.
Take profit:
As we've seen at least three times before on this chart the $.370 level is incredibly important. There is very clear resistance on this level. I suggest taking profit slightly below there to maximize the chances on a fill
Stop loss:
The risk reward is not good enough to hold it and potentially lose money towards the next horizontal level. Instead I suggest using a stop loss directly below the horizontal level to make sure you protect from downfall. Especially on an asset that has a lot of negative news like XRP has.
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
XRP-4h. Buyers held $0.24-0.26 and are preparing to shoot.Despite the unpleasant situation in the BTC market yesterday, XRP buyers showed courage. Breaking the critical range $0,24-0,26 on January 6-7 gave XRP investors a signal for a probable growth of the coin. Confident control of the $0.24-0.26 range yesterday gave buyers another note of positivity.
In addition, yesterday sellers tested the critical range at lower volumes . Comparing yesterday's trading volumes with the volumes on January 6-7 , it becomes clear that yesterday's attempt by the sellers to impose a struggle was just a correction.
Confident continuation of XRP price growth is possible only after consolidating above the range of $0.32-0.33 . It is in this range that the main liquidity has accumulated, which does not allow the price to reach the first target of $0.45-0.46.
An unsuccessful attempt by buyers to break the $0.32-0.33 range will continue the consolidation between the $0.24-0.33 marks.
In the event of a new sharp wave of decline in the BTC market - we will create a new XRP idea .
P.S. what do you think about XLM idea:
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Yet Another XRP Scalp Set-up for an 18% gain! 🚀XRP is the gift that just keeps on giving! While others panic and sell, or attempt to hold through weeks of time hoping for better days after the SEC complaint, the technical traders like you and I have been profiting a lot from XRP.
In this technical analysis I show yet another 18% gain set-up based on the horizontal resistance and support that XRP has been following so nicely.
The $.31 support level now has given XRP support on three occasions already and also shows some historical strength on the S/R flip. Since the price has reached this level again now, I believe this could be a great moment to enter XRP for an amazing 18% trade opportunity.
I tried to make the chart as self-explanatory as possible so I won't add lots of text in here. In case you have any questions, feel free to drop a comment and I'll make sure to leave an answer for you.
XRP-4h. Negative news did not kill Ripple.Ripple is alive . A small consolidation in which sellers were completely exhausted gave the XRP market a chance for new heights.
The main achievement of XRP is the return of the $0.24-0.26 range . However, no less important fact is that buyers do not allow sellers to organize a deep correction. For example, a similar negative situation occurred in the XMR market , when there was news about the delisting of a coin on one of the exchanges.
However, XRP buyers coped much better with the negative and bravely kept the price from collapsing in the range of $0.14-0.16.
In addition, the price of XRP returned to the limits of the growth channel.
Therefore, our main scenario is a test range of $0.44-0.46. According to the nature of growth in the next idea, we will write whether a correction is planned before updating the high with a target of $0.6.
We will consider the alternative scenario only after punching $ 0.24-0.26 by buyers.
_______________________________
We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!