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Xrplong

XRP recaptures bullish momentum, drawing close to $2 Ripple closes in on $1.5 after rebounding from critical support at $1. XRP breaks out of a falling wedge pattern as technical align for a significant recovery. Ripple is up 26% over the last 24 hours following a rebound from the support established at $1. This recovery took place in tandem with Bitcoin’s return above $50,000 and Ethereum’s rally past $2,500. XRP trades at $1.4 at the time of writing amid the bullish impact from the falling wedge pattern. The four-hour chart brings to light the formation of the highly bullish pattern. Note that falling wedge molds amid a downtrend. Two trend lines converge to make the pattern, connecting lower highs and lower lows. As the gap between the lines narrows, the asset moves closer to breakout. Usually, an ultimate uplift occurs once the price cracks the upper trend line’s resistance. For instance, Ripple is in the middle of the breakout, bouncing off the support at $1. Meanwhile, bulls seek support above $1.4, which will allow them to focus on highs above $1.5 and toward $2. The immediate upside is capped by resistance at the 100 Simple Moving Average (SMA). If broken, Ripple will quickly face the remaining hurdles heading to $2. Besides the wedge pattern breakout, the Ripple’s uptrend has been supported by the Moving Average Convergence Divergence (MACD) indicator. The indicator has reentered to positive territory, and the MACD line (blue) crosses above the signal line. If the technical picture remains unchanged, the uptrend will continue throughout the coming sessions. The Relative Strength Index (RSI) also validates the uptrend after making a gradual recovery from the oversold region. Cracking its way into the overbought area would trigger more buy orders adding to the tailwind for gains toward $2. Ripple intraday levels Spot rate: $1.4 Trend: Bullish Volatility: High Support: The 50 SMA on the four-hour chart, $1.12 and $1 Resistance: The 100 SMA, $1.5 and $2
BITFINEX:XRPUSDLong
by CoinGape
1
XRP long but first some bad newsLike sometimes in life, I have bad news and good news for you. Looks like the downtrend continues. The good news is, that you can now sell part of your coins and buy them cheaper - or you can load some more when we go down to £0.65 or even lower ! I have a buy order at £0.65 - to be on the safe side. Based on the trend line this should happen at some point on Thu 29/04 or Fri 30/04 but this is crypto and sometimes they move fast :-) The support zones ( from previous idea) are an exact match with the Fibs - which is good news. And the next Fib level is around £2 ( the crystal ball says on the 9th of May :-)
XLong
by vipdent
XRPUSD 1.05160 - 9.31 % LONG IDEA * PRICE ACTION AND STRUCTUREHELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THEXRP / USD. * follow your entry rules on entries * significant moves with the bears change the plan. lets see how it goes. many stars must align with the plan before executing the trade, kindly follow your rules. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
BITFINEX:XRPUSDLong
by PULEMokhothu
XRP short to $0.9Quick analysis on XRP using both wave theory, Fibonacci analysis : Wave theory Analysis: 1) XRP had a nice IMPULSE run-up from Apr 4th to Apr 13th going from $0.58 to $1.96 as shown in my 5 point wave in the diagram above 2) After a good impulse phase comes the CORRECTION phase, markets usually stay two-thirds of the time in a correction phase 3) Looks like the correction is a ZIG-ZAG correction look at my wave A-B-C where Wave A touched FIB 61.8% and Wave B is a symmetrical triangle with a nice (3-3-3-3-3) pattern 4) I believe the next one is corrective wave C which has just started and it's is going to come down to FIB 78.6% i.e. $0.9 where the support is tested again to see if it moves up in the next impulse leg up or go down - so watch out for this support line at $0.9 Summary : ------------- 1) Looks like the bears are still in control 2) It's in the final leg of corrective Wave C 3) The support line $0.9 needs to be tested one more time and see which way the market is going to trend Happy trading, feedback is always appreciated
BITFINEX:XRPUSDShort
by JAN360
2
XRP commences bullish comeback toward $2 Ripple resumes uptrend as bulls shift their focus from defense to hitting highs above $2. The MACD and other short-term technical levels hint at the uptrend catching momentum. XRP must hold the price above $1.4 to sustain the price action heading to $2. Ripple trades at $1.41 following a 10% gain in 24 hours. The cross-border token has consistently rebounded from the support at $1.12. Earlier this week, XRP was rejected marginally above $1.5. Therefore, this is a second attempt to break the barriers toward $2. Ripple’s technical breakout builds momentum The four-hour chart has brought into light a descending parallel channel. The pattern has controlled the downward price action since the rejection ranges close to $2. The channel’s lower boundary support played a crucial role in stopping losses from extending under $1. Moreover, Ripple held onto the middle boundary, as discussed on Tuesday. The support allowed buyers to concentrate on lifting above the upper boundary resistance. In the meantime, Ripple has crossed above the channel’s hurdle as well as the 100 Simple Moving Average (SMA). On the upside, Ripple bulls have a task to sustain the uptrend above $1.4 and to close the day above the 50 SMA resistance. Here, more buyers would be called into the market as speculation builds for an upswing beyond $2. Other technical indicators such as the Moving Average Convergence Divergence (MACD) reinforce the bullish comeback by recovering the ground toward the mean line (0.00). Crossing into the positive region will be a powerful bullish signal. The MACD line has already crossed above the signal line, adding credence to the narrative. Ripple intraday levels Spot rate: $1.41 Trend: Bullish Volatility: Low Support: $1.4 and $1.12 Resistance: $1.5 and $1.6
BITFINEX:XRPUSDLong
by CoinGape
2
ALL THE NOOBS NEED TO WATCH OUTThe market has a funny way of sucking people in and spitting them out again the very next week + sucking them back in again next week and doing it again. We could see XRP go back up to $1.70 and then plummet back down to .90 before take off Too many people come here after hearing about someone making 10x their money and instantly want to get rich the very next day/week/month. The BOTS & PRO traders chew and spit out the noobs that dont have; 1. Patience 2. Timed entries/exits Remember if you wouldn't hold it for 10 years don't hold it for 10mins.... Time your entries & have patience. Good luck everyone
POLONIEX:XRPUSDLong
by AdonisB
11
XRP Poised for a Rebound?If XRP breaks out above the descending channel, we may see a retest of the recent high around 1.84. Having said that, the intrinsic value of some of these instruments are almost irrelevant. All we know is the sentiment around the price, and at the moment it's bullish. We've fallen quite drastically to major support (21 day EMA), and are now poised to see a retracement, potentially to the 1.64 level where the .618 Fib is sitting. Trade with caution, control your leverage, and always trade tight stops. Holding overnight is a different level of risk with these type of instruments. Literally anything can happen, so personally, I try to stay away...
BITSTAMP:XRPUSDLong
by Hedge_Of_The_World
4
XRP sell the downtrend.XRPUSDT - Intraday - We look to Sell at 1.478 (stop at 1.551) Trend line resistance is located at 1.500. Pivot resistance is at 1.496. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. We look for a temporary move higher. The previous swing high is located at 1.535. Trading close to the psychological 1.50 level. Our profit targets will be 1.262 and 1.212 Resistance: 1.350 / 1.400 / 1.500 Support: 1.300 / 1.250 / 1.200
BITSTAMP:XRPUSDShort
by Signal_Centre1
1
Ripple price falls fast toward $1 as cryptocurrencies bleed Ripple has continued to lose ground from April highs around $1.95 toward $1. Breaking under the descending channel’s middle boundary’s support could trigger massive losses toward $0.9. Ripple was one of the best-performing cryptocurrencies in the first two weeks of April. The cross-border token made giant slides not seen since the breakdown in December when the United States Securities and Exchange Commission (SEC) filed a lawsuit against Ripple Labs and its top executives for selling unregistered tokens to raise funds. Ripple revisits key support areas Ripple suffered a rejection near $2 last week. However, support at $1.6 ensured that the bearish advances were checked while market stability protected. However, volatility swept across the market on Sunday, leaving most investors wrecked. Bitcoin dropped close to $50,000 from highs above $60,000 while Ethereum extended the bearish leg to $2,000. The international remittance token hit lows around $1.12 before a reflex recovery pulled XRP slightly above $1.5. Nonetheless, the entire cryptocurrency market has continued to suffer under the aggressive bears’ hands. Ripple is back to seeking support at $1.2 while holding firmly to the descending channel’s middle boundary support. The 100 Simple Moving Average (SMA) is also in line to prove the much-needed refuge, in turn, averting potential losses toward $1. The Moving Average Convergence Divergence (MACD) indicator affirms that the slightest resistance path is downward. This indicator tracks the asset’s trend and measures its momentum. The MACD line (blue) is stuck under the signal line, adding credence to the bearish outlook. Ripple intraday levels Spot rate: $1.28 Trend: Bearish Volatility: Low Support: 1.2 and the 100 SMA Resistance: $1.4 and the 50 SMA
BITFINEX:XRPUSDShort
by CoinGape
1
XRP ready to move up?!4HR TF/ XRP has been showing a lot of strength and is now back on track with the market bull cycle even while being under lawsuit and suppression from the SEC! We are currently in a nice FIB ascending channel, we are holding and bouncing strong off of the 0 FIB level looking to come up and test the 0.2. I think once the markets start to move again XRP will cut through these levels like a hot knife through butter! Looking at the 100 day SMA (BLUE) we have almost perfectly bounced off and moved up! Also we saw some downside pressure with the 10 day SMA (GREEN) pushing down ontop of the candles, we are seeing it now start to level out and we are perfectly inline with it, once we see a break of this SMA we should see some very nice movement riding the SMA to the upside. It would be ideal in the future to break the 50 day SMA (TEAL) and then we could really start flying but thats for a TA later on! We're seeing the Stoch RSI reverse right now bullish and this could push us up to that 0.2 FIB to test. Not financial advice just my opinion! rarible.com Feel Free to check out my 1of1 Doge Gif NFT, more to come in the future!
BITSTAMP:XRPUSDLong
by JacobR905