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Xrpusdanalysis

XRPEnd of correction in sight, which might coincide with the possible end of the SEC lawsuits against Ripple. XRP, has broken the May 12, 2022 low of about $0.33 as expected, we are still expecting it to go lower. A target of around $0.26 is expected in the coming days/week of which we should start seeing some reversal signs in the crypto market. Bitcoin & Ethereum are the ones leading the markets lower, it wouldn't be surprising to see the altcoins starting this bull run. Alternative $0.17 is also in sight but highly unlikely because of the structure completing at $0.26, which coincides with the 100% extension of the (W) leg in white completing (Y) leg in white, at the bottom trendline channel.
BITSTAMP:XRPUSDLong
by pkhumalo
2
XRP Bullish...XRP has been in a downward trend since topping on 14th April 2021, and have been expecting to get into the bluebox since the beginning of the year(2022) and now we are there, and still expecting to go lower! That top(14 April) marked a decline in a 7 swing sequence which has been in play and is about to end. What I see currently is a push to the upside to about $0.51, which completes wave 4 in the orange colour degree of which we will see the price moving lower to break the May 12, low ($0.33). I am expecting price to reach about $0.25 which is the bottom of the channel trendline containing a zig zag structure completing our (5th wave in orange, & also (y) in blue; and also our(Y) in the white degree and in-turn our wave (ii) in purple. Only then can we expect price to push up higher to new highs. Understanding wave degrees is the primary key to know which direction price will take especially in such a corrective Instrument which has been held up by the SEC lawsuit. Alternative View....! On this Instrument, the alternative will come in play if price breaks below $0.11, otherwise there isn't much of a downside possibility, (Take with Caution!) NOTE: I would love to see the 5th wave that will break the May 12, ($0.33) moving impulsively to the downside( a spike) to show exhaustion. Price could also turn from were it is currently with the most important thing it has to do is break the May 12, 2022 low. Target: 1st at $3.00 (conservative) 2nd at $13.00 3rd at $120.00 If however you are a XRP holder like me I wouldn't Shy away a Price of $9700, its a very plausible target...
BITSTAMP:XRPUSDLong
by pkhumalo
If we are lucky, XRP price could go up +50% in the near futureTwo weeks ago, we analyzed in detail the possible scenarios of XRPUSDT price behavior. There was a parsing of the XRPUSD price at different timeframes and a parsing of the XRPBTC pair and a warning about a possible strong drop in the Ripple price in general. For those who are interested, we recommend re-reading our previous idea: And today, let's break down the current situation. For more than a week, there is a consolidation of the XRPUSDT price in the narrow range of $0.40-0.45 on the chart A positive exit from this consolidation will be a growth at first to the strong mirror level of $0.51, which is unlikely to be broken up by the buyers at the first attempt. After the shallow correction, the growth might extend to $0.58. A negative exit from this consolidation could be a fixation below $0.36 and a continuation of the fall to $0.24, which we already wrote about in the previous idea. _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
31
XRP/USDT - Potential Short ScenarioHello Traders! The price of XRP continues to move in a downtrend, completing the phase. Buyers' interest area is in the $0.147 - $0.250 price range. It is better to wait for the movement's culmination. A decrease in price in the area of interest of buyers will give an opportunity to accumulate the asset at comfortable prices. It's better to start accumulation closer to the support level of $0.147, in the range of $0.147 - $0.200. The targets of profit-taking will be the levels of $0.42 and $0.60 Good luck and watch out for the market P.S. This is an educational analysis that shall not be considered financial advice
BITSTAMP:XRPUSDShort
by UnknownUnicorn10064030
XRP/USD TECHNICAL ANALYSIS ON D1Predicted that price will fall below LOW on the Jan 22nd 2022 but we can see manipulation when it raised back to 0.91870 before droping down to 0.337. Not only breaking the Jan 22nd LOW, but also did break the weekly demand zone (grey zone and currently price is in that zone). On lower TF chart, price seems going futher and may break the current LOW on May 12th and really heading towards lower weekly demand zone (pink zone -I shud have marked it green tho). For price to break the demand zone (especially weekly), some people must have work really...really hard on that. Just prepare for any possibility. It might go down around 0.269. ***This is not a financial advice. This is for sharing ideas only***
BITSTAMP:XRPUSDShort
by Sany_Harun