Ripple Good opportunity to go longRipple is shapping up nicely to reach previous ATH at the 3.3 area.
Price rejeted a few days ago the Daily 50EMA and the 0.681 fibonacci retracement, then we saw a proper impulse up and a pennant correction which has just been broken out with a lot of momentum. This means an intraday trend change has happened and price is now creating higher highs and higher lows.
Very simple but clean analysis on this one
Xrplong
what the future really holds for xrpchannels dont lie, if you look at any major pair they all follow them to a tea on large time frames.This situation is no different for XRP. only the strongest will withstand and they will reap the most rewards. every time we have an abc wave up, and if it follows same percent as last time, we will be at around $169 the top of the bull cycle, which "coincidentally" is the top trend line as well. All i am doing is showing what the chart says.
RIPPLE (XRPUSD) LONG $1.9 Quick analysis on RIPPLE (XRPUSD) 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) Corrective wave C came down to FIB 78.6% i.e. $0.9
5) The next 5 series impulse wave started as indicated in blue wave line, it also broke the downward channel at $1.1 and started to climb up to $1.4 and hit resistance
6) I believe waves 1,2,3 are done and the resistance is hit at $1.4
6) Once this resistance is made as support and UPON confirmation it's going to go on the next impulse wave 5 to $1.9 target price
Summary :
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1) Looks like the bulls/buyers took control
2) Resistance level in the yellow box is being tested at present
3) Upon confirmation, the resistance is turned into support and goes up in the next impulse leg to the price target
Happy trading, feedback is always appreciated
XRP ARMY ARRIVING TO DESTROY CRYPTOHello,
Well, i anticipated it earlier when xrp went crash on sec case,
me and my members accumulated on 0.90 on a recent dump and also my premium members accumulated xrp at 0.20 when it went crashed.
Opportunity comes to those who respect opportunities, they don't wait on your door steps for you that so you can take them obviously they have self-respect too :D
well, I didn't wanted to post my setup on xrp to the public but let plebs storm this as well we need you!
30th April the last hearing of XRP Case, tables gonna turn upside down.
Once 21 Weekly ema touched boom !!! you will never ever gonna see xrp below 10$
Cheers.
Xrpusdt waiting for breakout or correction?Hi,
Xrpusdt already broke the descending channel now two entries are possible. If uptrend continues and breaks the resistance a good long position would be profitable but if market gets correction then it would have to come back to support after that it rises again.
Waiting for breakout!!!
What you guys think let me know in comments your ideas 💡
Not a financial advise but just posted my idea for knowledge 🙂
Have a nice day and try to like and follow me so that i can bring more interesting and knowledgeable ideas.
Have a nice day 😊
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 $2
XRPUSDT (Ripple) 2$ soon!XRPUSDT (4H CHART) Technical Analysis Update
Trend line breakout
XRP/USDT currently trading at $1.19
Buy-level: $1.15 - $1.20
Stop loss: Below $0.90
Target 1: $1.35
Target 2: $1.50
Target 3: $1.75
Target 4: $2.00
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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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 :-)
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
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If this idea helps with your trading plan kindly leave a like definitely appreciate it.
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
XRP 4H - Scaling upHi everyone,
XRP is consolidating around the support & Fib zones -» multiple long positions were opened.
We expect a bullish move and are targeting the AHT.
We might see a bearish move if the price doesn't hold those support zones and the triangle, then we might see sub dollar prices -» more to buy in.
Weekly chart shows a support zone of 70 cents, something to keep in mind if we really correct that low.
Kind regards,
Noel