XRPUSDT (ripple), time to purchase.Hi friends. So we all know that ripple very specific crypto. And ripple not directly related to bitcoin pricing. In last days i see very good bulls potential in this cryptocurrency. I mark all interesting market process areas on the chart window. And i mark important levels for you.
Volume analysis thanks to "Earned Pro" script (link below - you can rent it). Levels thanks to X-Lines script (free to use).
Xrplong
XRP - 3h. Buyers are preparing for the test of $0.6Earlier this month, the XRP market looked awful . After the collapse of the price from $0.76 to $ 0.34, many predicted a bad future for this coin. However, in our three previous ideas , we clearly showed the prospect of coin growth and worked out our scenarios.
It's time for the next short-term idea. At the moment, the wave of growth has been going on since the beginning of February. Buyers managed to keep the global trend line. XRP price correction takes place in the local black channel.
The previous update of the local low ended above the lower trend line of the black channel. If buyers do not allow this time to update the local low - it will be a signal of depletion of sellers . We expect a sharp wave of growth to $0.6.
The critical point of this scenario is $0.51. If sellers manage to break this mark, the price of XRP will fall to $0.44 again
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XRP prints massive bullish outlook
Ripple is getting ready for a breakout as long as the bull flag pattern on the 4-hour chart is confirmed.
Holding above $0.5 remains key to the upward momentum.
XRP is still under the impact of the gravitational force following the rejection at $0.65.
Ripple has sustained the price above $0.5 for a couple of days now. The need for stability came after a rejection from the most recent high of $0.65. XRP tumbled from this level to support provided at $0.48. Meanwhile, the recovery that ensued has been limited to under $0.6.
Ripple eyes a bull flag breakout
XRP has been declining within the confines of a descending channel, likely to confirm a bull flag. This pattern is referred to as a bullish continuation pattern in technical analysis. It develops after an extended upward move followed by a correction. The correction signifies consolidation as selling pressure diminishes, giving bulls an opportunity to take over control.
A significant breakout in the direction of the previous, trend is anticipated as the bull flag matures. Typically a breakout is supposed to occur when the price drops to about halfway the flag pole.
As for Ripple, it is teetering at $0.52 at the time of writing. The current battle is to break and settled above the middle layer of the flag pattern. However, pushing for a breakout above the bull flag will result in massive gains above the stubborn resistance at $0.65 and toward $0.75 (yearly high).
It is worth noting that, sellers are still dominant at the time of writing. The Moving Average Convergence Divergence (MACD) reinforces the apparent control by the sellers. They are likely to remain in control until the MACD line (blue) crosses above the signal line. Besides, other hurdles like the 50 Simple Moving Average (SMA) on the 4-hour chart must come down for the breakout to materialize.
Ripple intraday level
Spot rate: $0.52
Percentage change: -0.6%
Relative change: -0.003
Trend: Bearish
Volatility: Low
XRP - What will happen next?Like I told you last week, XRP is going to do 60-70% retracement and now we see XRP completed the mission. In the last 3 days XRP has fallen 12%. The BIG question is that if the support level $0.47-0.50 holds by end of the week, if it holds then I think we are going to test the resistance $0.75 for the last time and we are going to break it. So be patient and don’t panic 🙌🏼
XRP BUY SETUPHello everyone, if you like the idea, Please support with a like and follow.
As we wait for settlement results XRP has been maintaining a solid climb, I personally will keep holding my XRP 'cause I believe it has one of the best technologies for the digital Currency space that could one day be greatly utilized. After reading the previous news and watching Attorney Jeremy Hogan(check him out on YouTube "Legal Briefs" ) explain deeply, It seems like the SEC changed Lawsuit rules to screw XRP, putting XRP Escrow under attack. As we wait for clarity XRP has offered plenty of opportunity to day Trade.
XRP - B U L L I S H ! !I can see the same pattern across the bord !!
Altcoins are looking very bullish to me !
Refer to my previous post on AltCoin Market as a total - breaking out above ATH recently....
Even on XRP there is a huge cup and handle pattern !!!
Look at the OBV - on balance volume - since 2017 and through the whole bear market OBV held up steadily and consistently !!! This means a huge hidden divergence !!!
B - U - L - L - I - S - H - ! - ! - !
XRP poised for a massive move as $0.75 beckonsRipple confirms the uptrend after closing the day above $0.5.
XRP may flip massively bullish if the 61.8% Fibonacci resistance is broken.
A correction will come into the picture if XRP loses the support at $0.5.
Ripple price continues to use the recent support at $0.35 as the springboard back to $0.75 (new yearly high). The cross-border token has remained persistent in the battle for recovery, keeping in mind that it lags behind its peers due to the uncertainty it faces regarding the ongoing lawsuits. The Security and Exchange Commission (SEC) in the US wants it to be categorized as a security token.
However, Ripple Labs Inc., the company that issues XRP and its top executives maintain that the token is a cryptocurrency just like Bitcoin and Ethereum. As the brawl continues in court, XRP is on a mission of breaking barriers. Despite being pumped and dumped a couple of weeks ago, Ripple seems attractive to investors, perhaps due to its low price compared to BTC and ETH.
At the time of writing, XRP trades at $0.56 after extending the bullish leg above the critical level at $0.5. The least resistance path is upwards based on the short-term technical picture.
For instance, the Moving Average Convergence (MACD) has reinforced the bullish narrative as it moves higher in the positive region. Moreover, the MACD line (blue) rests above the signal line, suggesting that XRP has a formidable bullish impulse.
The upswing to $0.75 will start to materialize as soon as Ripple closes the day above the 61.8% Fibonacci retracement level, taken between the last swing high of $0.75 to a swing low of $0.34. This the immediate hurdle and needs to come out of the way for XRP to flip massively bullish.
On the other hand, a correction will come into play if the resistance at the 61.8% Fibo remains unshaken. Selling orders are likely to increase, especially with investors preferring to exit amid the uncertainty in XRP’s market. Previous support levels at the Simple Moving Average and $0.35 will come into handy to stop the losses.
Intraday levels
Spot rate: $0.55
Relative change: 0.025
Percentage change: 4.8%
Trend: Bullish
Volatility: Growing
XRP to catch up with the other AltsXRP broke through the orange triangle, giving it enough momentum to break above the long term pivot point (0.45). It has since retraced back to this key area 3 times with the most recent retest providing a strong bounce.
With little resistance above there is a chance of a quick and dramatic upward move.
Not trading advice but if I was going to trade this with leverage I would aim for the recent high around 0.75 and cut any losses with a close below 0.45.
Thanks for likes and comments
XRP - We Broke the Trendline I forgot to mention that we broke the downside trendline and that is good news for XRP community. Since the last time I updated you, XRP is up 30%. I said XRP is going to do 50% retracement and will test the resistance 0.475. Now we have to close one daily candle above 0.50 to move further and it is time to test the next retracement level 0.618 and once we break it we are going to test the resistance 0.75 for the last time hopefully. Good things take time so be PATIENT.
XRP - We Broke The Resistance Since the last time I updated you, XRP is up 30%. I said XRP is going to do 50% retracement and will test the resistance 0.475. Now we have to close one daily candle above 0.50 to move further and it is time to test the next retracement level 0.618 and once we break it we are going to test the resistance 0.75 for the last time hopefully. Good things take time so be PATIENT.
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 following in DOGE's footsteps?XRP's pattern is similar to DOGE's so far...
What to look for in XRP for pattern to play out:
- close above 4H 20 ma
Invalidation of idea:
XRP closes below the 0.618 retracement.
Although, DOGE did consolidate on it's 0.618 so if I were to set a stop loss I'll give it some room i.e. close below $0.37
XRP/USDT Pump coin x3 Ripple Part 2When other traders do not know what will happen to the XRP - I am writing to you, there will be a pump.
Observe your risk and money management, trade with stop loss, and do not overstate the lot in the position.
But I look forward to such a scenario.
2 past, worked 100% now we are waiting for the conclusion.
XRPUSDT, long after correction.Hi friends. XRP have a chance to correction but bulls are not exhausted. In this time and few hours ago (i mark this zone) exchange actively purchased traders closings and now we can going to invest zone after part of this was satisfy and then price will going upper to bulls targets. I mark all interesting levels on the chart window. Levels thanks to X-Lines script. Volume analysis - "Earned Pro".