Xrplong
MID OCTOBER XRP ATH?If we continue to follow the uphill trend lines we will see XRP continue to move sideways and even dip as low as .79 before we grind our way out for MID OCTOBER 2021. Not expecting much action from XRP SEPT other than down and sideways. If we do fall back below $1 is that another good buy opp?
Good luck everyone. Sit tight and hopefully you dont get shook out by the whales! Remember Wall STREET $$$ & Regulation is just around the corner. Check out the latest patents filled on XRP = MIND BLOWING!
XRP LONG If XRP is able to hold above the 1.06/1.09 support, I expect a break towards 1.32 and then 1.35, if momentum holds at these levels, we could see a further move up towards the longer term 0.702 retracement level that sits around 1.53. Also at the 1.53 level is the 1.618 fib extension from the current pull-back (1.35 - 1.05)
A break below the 1.06/1.09 level, would likely find support at the psychological level of 1.00 and then the 20 day EMA of 0.98.
XRPUSD- $100 End of Year 2021- early 2022. $5000 around 2026.XRP is currently on wave 3 of its life time. We will see enormous growth this bull run, bigger than last bull cycle. (Reaching $100 by December 2021 roughly). Then XRP will be in a bear market for 3 years consolidating where it will get ready for another wave 5 bull run to end around 2026. I expect we can see $5000 per token by end of 2026. Especially with regulatory clarity. This will increase XRP adoption with banks, and increase money flow. XRP already operates 90% of its volume outside the USA. Lawsuit, does not mean much but it can bring significant clarity to crypto which will allow banks to freely use XRP every single day.
XRP short term (15m)XRP failed to push through $1.25, and instead dropped to find support at $1.12 (just above the previous support level of $1.09/1.10). Price looks to be forming a weak inverted head and shoulders pattern with the neck line at $1.22. If the pattern succeeds, and the neckline breaks, a full H&S extension would bring XRP price back to the $1.32 resistance level.
Ripple Price Analysis: Can XRP Rally To $2 After $1.1 Holds?
Ripple price loses over 7% of the accrued gains in 24 hours, revisiting support at $1.1.
XRP must surmount the resistance at $1.4 and $1.6 to pave the way for an upswing to $2.
The MACD could flip bearish anytime as the 12-day EMA crosses below the 26-day EMA.
Ripple closed last week at $1.35, a move that had spurred investor interest and speculation for gains to $2. Nevertheless, a correction occurred with XRP losing some ground toward $1. Support at $1.1 plays a crucial role in ensuring that losses were mitigated, but data by CoinGecko shows that Ripple is trading 7.4% lower in 24 hours.
Ripple Price Recoils After Support At $1.1
The cross-border money transfer token currently teeters at $1.2 as bulls focus on lifting above $1.4 in the near term. According to the Relative Strength Index (RSI), bulls could have salvaged the situation, preventing continued correction.
Currently, the RSI, which follows the trend of an asset and measures its strength, is holding at 70. As it resumes movement into the overbought region, XRP is expected to lift higher.
Intriguingly, the 50 Simple Moving Average (SMA) may cross above the 200 SMA in the coming sessions, as per the 12 hours chart. Although this indicator is not a golden cross, it often ascertains a move north. Therefore, it could trigger another firm bullish grip as buyers take on $1.4 and $1.6 barriers.
It is worth mentioning that traders should be aware Ripple’s anticipated upswing may fail to occur, especially if the Moving Average Convergence Divergence (MACD) indicator flips bearish in the coming sessions. According to the exact timeframe, a sell signal is in the offing. The odds for an extended correction would increase as soon as the 12-day exponential moving average (EMA) crosses below the 26-day EMA.
The MACD tracks Ripple’s trend and calculates its momentum. A move toward the mean line reinforced the bearish outlook. Hence, it is one of the most crucial trend indicators, especially when identifying entry and exit positions.
Ripple Intraday Levels
Spot rate: $1.21
Trend: Bullish
Volatility: Expanding
Resistance: $1.4 and $1.6
Support: $1.1 and $1
XRP Buy a Break Setup.Ripple - Intraday - We look to Buy a break of 1.351 (stop at 1.308)
Daily signals are bullish.
The continuation higher in prices through resistance has been impressive with strong momentum and shows no signs of slowing.
Price continues to trade within the triangle formation.
A break of bespoke resistance at 1.350, and the move higher is already underway.
Our profit targets will be 1.469 and 1.499
Resistance: 1.300 / 1.350 / 1.400
Support: 1.250 / 1.200 / 1.150
XRP too 1.45Since the 11th of Aug. we've been on the massive Uptrend & haven't slowed down yet. We have had some Wedge patterns develop which we have continued moving up, we have just now broke through the top of another wedge as well.
If you take a look at the RSI there has been a Triple Bottom created over the past 7 days which also indicates we may continue too see this Uptrend send us too $1.45 moving through the week.
If we do break this trend we may fall to $1.10 which would be a solid entry point to average down.
XRPUSDIt seems we need to reconsider our beliefs a bit.
According to the charts, the first target in XRP is probably the range of $ 3 as the previous ceiling in 2018.
After that, there is a possibility of correction up to $ 2.
And then it prepares for the second goal in the next 7 months, the $ 5 range.
The XRP rate is expected to be above $ 10 in 2022.