XRP - Daily chart - Long scenarioOverview
Currently looking if the scenario as shown will develop in which case i would take a long position.
I want to see price moving above the upper resistance (upper blue line), either staying above it generating in LTF (Lower-Time-Frames) some bullish signs or if price should break down and then reclaim the Resistance area again - where i would take my long.
Target is based on the 61% Fib and a former Demand area.
Dont forget:
- Watch your Risk management
- Bitcoin has an influence on all Altcoins, be aware of movements there
- DYOR (Do-Your-Own-Research)
Please consider:
This information / article is only for educational purporses and not a recommendation to buy or sell.
I'm not a Financial Advisor.
Thanks for reading!
trader_se
Xrplong
XRP found support at the 2020 highs of $0.8282Key Support Levels: $1.00, $0.95, $0.8282.
Key Resistance Levels: $1.05, $1.10, $1.25.
XRP found support at the 2020 highs of $0.8282 over the weekend and rebounded higher to break above $1.00. It is now struggling to close a daily candle above $1.05 (bearish .382 Fib), but the bulls are battling to remain above $1.00.
The resistance at $1.05 is starting to form an ascending triangle with the roof at $1.05. A closing candle above $1.05 (and $1.10) could set the stage for a bullish leg higher toward $1.30 (50-day MA) for XRP.
XRP-USD Short Term Price Prediction
Looking ahead, if the bulls break $1.05, the first resistance lies at $1.10 (20-day MA). This is followed by $1.25 (Feb 2018 highs), $1.30 (bearish .618 Fib & 50-day MA), and $1.52 (bearish .786 Fib).
On the other side, the first support lies at $1. This is followed by $0.95 (100-day MA), $0.8282 (Feb 2020 highs), and $0.75 (.786 Fib).
The RSI is now directly on the midline, indicating indecision within the market. For a breakout of the current ascending triangle, the RSI must break above 50 to indicate bullish momentum is returning to the market.
XRP/BTC – Bulls Battle With 20-day MA
Key Support Levels: 2660 SAT, 2400 SAT, 2260 SAT.
Key Resistance Levels: 2800 SAT, 3000 SAT, 3360 SAT.
Against BTC, XRP is now in a battle with the 20-day MA at around 2800 SAT. The coin found support at 2400 SAT over the weekend and started to rebound higher.
On Monday, XRP managed to climb above resistance at 2600 SAT (50-day MA & bearish .382 Fib), and it continued higher to 2800 SAT. Since then, it has struggled to close a daily candle above 2800 SAT.
XRP-BTC Short Term Price Prediction
Looking ahead, if the bulls break 2800 SAT, the first resistance lies at 3000 SAT (bearish .618 Fib). This is followed by 3360 SAT (Feb 2020 high), 3783 SAT (Oct 2019 highs), and 4000 SAT.
On the other side, the first support lies at 2660 SAT (50-day MA). This is followed by 2400 SAT, 2260 SAT (.786 Fib), and 2000 SAT.
The RSI is showing weak bullish momentum. To pass 2800 SAT, the RSI must rise to indicate the bullish momentum is starting to gain solid control.
XRP TARGET POINTS SHORT TERM ANALYSISRipple’s XRP fell by 2.91% on Tuesday. Partially reversing Monday’s 15.12% rally, Ripple’s XRP ended the day at $1.01077.
A bullish start to the day saw Ripple’s XRP rally to an early morning intraday high $1.09942 before hitting reverse.
Coming up against the first major resistance level at $1.1011, Ripple’s XRP slid to a late intraday low $0.97312.
Steering clear of the first major support level at $0.9311, Ripple’s XRP moved back through to $1.00 levels to limit the downside.
At the time of writing, Ripple’s XRP was down by 0.53% to $1.00538. A mixed start to the day saw Ripple’s XRP rise to an early morning high $1.01888 before falling to a low $1.00433.
Ripple’s XRP left the major support and resistance levels untested early on.
As the two trend lines converge, the consolidation nears an end. On the other hand, the ascending lows insinuate that bulls are getting stronger. A break occurs before the lines meet and is characterized by an uptick in trading volume. Triangles have clear breakout measured from the highest to the lowest points. For example, Ripple could swing 34%b higher to trade around $1.44 if the pattern on the chart matures as expected.
The sluggish price action is punctuated by the Relative Strength Index (RSI) and will likely last longer. Similarly, the Moving Average Convergence Divergence (MACD) indicator does not have a defined signal; thus, bullish and bearish forces seem to cancel out, explaining the consolidation at $1.
Ripple intraday levels
Spot rate: $1
Trend: Sideways
Volatility: Low
Support: $0.9 and $0.8
Resistance: $1.1 and $1.2
XRP lags price action ahead of a 34% launch to $1.44Ripple scaled several resistance levels after the drop to $0.8 last week. The upswing coincided with another win bagged by Ripple Lab attorneys against the Securities and Exchange Commission (SEC) in the ongoing lawsuit.
The US SEC was seeking access to Ripple's communication records when it inquired about the sale of XRP tokens. Judge Sarah ruled to uphold Ripple's client-attorney privilege, dealing the SEC another blow.
Following the win, Ripple's price lifted above $1 and brushed shoulders with $1.1. However, the uptrend slowed down, forcing bulls to seek refuge at $1. Meanwhile, XRP has balanced price action at this level, while buyers look forward to a potentially massive breakout.
Ripple eyes extensive upswing on breaking key technical resistance
The international money transfer token is dancing within the confines of an ascending triangle. This popular and highly bullish technical pattern often forms within an uptrend. However, the pattern has a bullish impulse even when it appears amidst a downtrend.'
As the two trend lines converge, the consolidation nears an end. On the other hand, the ascending lows insinuate that bulls are getting stronger. A break occurs before the lines meet and is characterized by an uptick in trading volume. Triangles have clear breakout measured from the highest to the lowest points. For example, Ripple could swing 34%b higher to trade around $1.44 if the pattern on the chart matures as expected.
The sluggish price action is punctuated by the Relative Strength Index (RSI) and will likely last longer. Similarly, the Moving Average Convergence Divergence (MACD) indicator does not have a defined signal; thus, bullish and bearish forces seem to cancel out, explaining the consolidation at $1.
Ripple intraday levels
Spot rate: $1
Trend: Sideways
Volatility: Low
Support: $0.9 and $0.8
Resistance: $1.1 and $1.2
KEY CLOSE FOR XRP!XRP has been trading inside of this descending channel for quite some time now while heading down with the rest of the market. We have managed to hold supports, and currently broke through the 0.6 FIB level and we are now looking to hold this level for DC. This would also give XRP a very likely chance to break out of this descending channel that keeps putting pressure on us to the downside. The RSI is coming slightly down after getting closer to that midpoint line at 50. If we can succeed with breaking through and staying above this we will be looking at a confirmed uptrend for XRP! Looking at the MACD we are looking bullish and almost fully flipping the the upside so this indicator is very important to watch. Also watch for that first green bar on the histogram as this would be a very bullish sign. Not financial advice just my opinion!
Mid to long term XRP PAYou think they care about you? We are in the middle of the greatest wealth transfer in history and you are not on the list. An extra 6 trillion? Ha. First up then down. If we get too rowdy there will be reanalysis. In the meantime we range. We may range hard. We may blow hard. Who cares? It’s all a fucking fantasy anyway. Get your shit ready. This is not the only one but it is the best one. The standard. If you know why you know what you hold. HODL your shit Ice fucking cold before they take it. Peace love and All The Money.
XRP good new comingHere is the analysis of XRP.
XRP break the support level of $1 and rejected from there also. Ripple is looking strong in the SEC case and we see a settlement in the upcoming weeks. Ripple's CEO also said that they are planning to launch an IPO after the SEC case settlement. If you are looking to open a new position in XRP then place your orders around $0.8 and $0.7. We will see a good pump in XRP after the SEC case settlement. Use stop loss of $0.6 or below.
XRP/USDTXRPUSDT
First of all, friends, note that the price channel
Is a downside channel so buy a value for the position
You need to be flexible and you have to enter to buy
Wait for the resistance line I drew to break and then
You can enter the position after Polbeck's confirmation and after the defeat
You can also enter another value for the Fibonacci level
XRP D - Stay strong guys - this will take some timeHi everyone,
This will take some time to play out - hence I don't post that much, there's little to say,
It's gonna be choppy with pull backs and stuff but still believe the reversal is valid.
Hold strong, I've been waiting and accumulating 2,6 years by now (I'm in 1 % XRP rich list) - so not in a hurry.
This is actually a very low risk accumulation period (not financial advice) but putting in money that you can afford to lose in this case is a very low risk high profit trade.
Don't' jump in when AHT is reached, if it does, it's gonna be very very quick.
Take care!
XRP slides beneath $1, but bulls lock eyes on $1.2Ripple remarkably cleared the path to $1 after the nerve-shattering breakdown to $0.65. Moreover, the price lifted to $1.07 before losing momentum. On Wednesday, the primary battle was to keep XRP afloat at $1, although bulls lost the bid.
A correction came into the picture, forcing Ripple to explore the area under $1 again. The previous support at $0.9 played an essential role in preventing declines from extending further. Meanwhile, XRP trades at $0.95 amid, as bulls plan another takeover.
Ripple eyes another liftoff past $1
XRP bulls might have lost the fight above $1 but remain relentless in the mission to hit higher levels at $1.2 and $1.4. The technical picture currently sends mixed messages, especially with the Moving Average Convergence Divergence (MACD) stuck under in the negative region.
This technical indicator identifies positions to buy the dip and sell the top. For instance, a buy signal occurred following the bounce from last week’s support at $0.65. The call manifests by the MACD line (blue) crossing above the signal line.
Note that the trend would have tuned massively bullish if the indicator cracked into the positive region.
With the MACD line likelihood of sliding under the signal line, the bearish grip will become stronger.
A break above $1, a resistance highlighted by the 50 Simple Moving Average (SMA), would call more buyers into the market. A surge in the tailwind force is bound to bolster Ripple past the critical $1.2 level and perhaps resume the uptrend heading to $1.4.
Ripple intraday levels
Spot rate: $0.95
Trend: Bearish biased
Volatility: Low
Support: $0.9, $0.8 and $0.65
Resistance: $the 50 SMA, $1.2 and $1.4
XRP/USD - DON'T FALL FOR PREMIUIM (SHORT-TERM)Technical Overview: - XRP
We are at the top, do not buy now if you bias is bullish, we need to see market give us the opportunity
Use our analysis as a sentiment
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
STAY UPDATED BELOW!
XRP price tiptoes above $1Ripple intends to deal with high gas fees in the non-fungible token (NFT) marketplaces. Despite the NFT flooding the cryptocurrency space headlines, especially in the first quarter of 2021, high gas fees have almost crippled the sector.
The drastic rise in the NFT culture is a story to reckon with; however, users are forces to accept dwindling interest due to the challenging process of transferring ownership.
On the brighter side, Ripple has made public the plan to combat the challenge by integrating the NFT marketplaces on the XRP Ledger. The development will favor both buyers and sellers in the relatively new sector. Moreover, the integration is a welcome for all, keeping in mind that the novel consensus XRPL uses to validate transactions utilizes minimal amounts of energy. According to a statement from the blockchain company:
“Building on the XRP Ledger provides developers a unique opportunity to run more sustainable NFT apps and marketplaces while eliminating a heavy burden for the planet.”
Ripple price rises above $1
Ripple had on Tuesday corrected from levels marginally above $1 after bulls ran out of steam to continue with the uptrend trailing from the primary support at $0.65. Higher buyer congestion at $0.9 ensured that focus remained on recovery; hence, the liftoff above $1.
The Moving Average Convergence Divergence (MACD) indicator validates the prevailing uptrend as it closes the gap to the zero line (0.00). Besides, the MACD keeps widening the divergence above the signal line, affirming the bullish grip.
Similarly, the Relative Strength Index (RSI) has a bullish outlook based on its movement from the oversold area toward the overbought region. On the upside, XRP must deal with the resistance at the 50 Simple Moving Average (SMA), which will allow bulls to gaze at higher levels around $1.4.
Ripple intraday levels
Spot rate: $1
Trend: Bullish
Volatility: Low
Support: $0.9 and $0.8
Resistance: the 50 SMA, $1.2 and $1.4
XRP and DOGE too similar to ignore Xrp and DOGE have followed each other in terms of percent gain from lows to highs, time frame, and pattern. When Doge was at the same place on the chart as Xrp is now, it had a leg up 540% afterwards. If Xrp follows the same gains like always, a 540% gain will bring XRP to exactly $10. There is then a 50% pullback, before breaching 800% from Doges previous high. Xrp will be at $100 from a 800% pump from previous high. In the past, when Doge broke its 3 year downtrend, it pumped around 800% from the bear markets bottom to the top resistance. Xrp has made the same percentage of gains from the bottom of the 3 year bear market till now, handing around one of our last big zones to break. It took DOGE 147 days from breakout candle to top resistance high at .013. XRP is currently at its 147 day mark since breaking out of downtrend. It took Doge two weeks to pump the 540%. So in simpler terms, Xrp next stop $10, then $100. This is based solely on technical analysis and the fact that XRP has followed Doges moves and same percent gains in the past. Let the charts continue to show the future, its all you need.