Xrpusdanalysis
XRP/USD - DON'T FALL FOR PREMIUIM (SHORT-TERM)Technical Overview: - XRP
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Red Alert Area XRP! Watch Out! $0.62Hi, We are down from the the last 3 months supports. Watch out. Portfolio Crusher.
Hold on tight, There are some good days and some bad too. Go strong during this time.
I would suggest let the bad news pass and wait for good things to happen.
and #xrpcommunity Justice delayed is justice denied.
XRP/USD retesting support before next moveCurrent fall of crypto market has brought XRP/USD pair to important support where we have to pay close attention .
Scenario 1. - price finds support at green box area and prepares for further upside movement closer to it's ATH price range.
Scenario 2. - price falls even more and we see another 50% drop .
For now I'm more biased for Scenario 1.
Good luck!
Short term Short opportunity for XRPXRP is moving south again and going by the chart, it is heading towards point E on the chart.
This is would be end of the cycle and XRP should bounce off point E and then breaking the upper part of the triangle.
What would be interesting to see if it will be able to break the Resistance at $1. If it does then its good sign. however it looks unlikely.
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Note - These are my personal notes and in no way a financial advice. Do your own research and Trade wisely
Breakdown from the triangle.What I am currently seeing on the daily is the breakdown from the triangle, unsuccessful retest and subsequent drop.
Hovering just above 1.10 (1.12) previous resistance that seems to be providing some support at the moment.
A break of this level takes us to the next, and fairly strong support in the 1.0 - 1.02 region, also being a psychological support.
Breaking this brings inn play all the targets from my previous analysis where we bounced from the first support and that delayed this move down.
This is just looking at previous daily support levels and there are some other minor supports in the way of the move down but not looking too good for XRPUSD at the moment as the MACD is moving below the trigger line, RSI below 40 and moving down and declining volumes.
We are also moving below the Ichimoku which has been resisting the move upward with the bottom of the triangle.
If we were to move up we need to break these two levels and the strong resistance at 1.65 with enough volume.
For now I am bearish on this based on the TA above.
As we know however, it only takes one whale or some seriously good news or a sharp move from BTC to change all of that. Btw BTCUSD is also retracing from the resistance of the 100 EMA and therefore also not a very good sign especially taking into account the big drop from the ATH.
Let's see what happens.
This is not financial/trading advice and is as much for my own education as yours.
Please feel free to share your opinions so I may learn ;)
Stay Safe!
XRP 3D What if this is the way to the absolute maximum?To begin with, we are traders, not fans of crypto projects.
For us, each crypt is another tool on which we want to increase our assets.
XRP is a specific coin that, with its growth in 2017, has created a whole cult of ardent fans called: "$10 Ripple".
It's been 4 years now, and XRP still can't get to the ATH mark around $3.30, which was set in early 2018.
But can it still be done in the coming months?
Let's take a look at the XRPUSDT chart globally
The fall on 19.05.2021 stopped in the zone of $0.75-0.85 depending on the crypto exchange - this is a strong mirror level.
At the same time, a large wedge can be drawn, within which the XRPUSD price is clearly moving, and buyers stopped the falls again at the lower border of the wedge.
In turn, the last two months, sellers were selling XRP around the level of $1.80 and the price was unable to gain a foothold above this level.
Based on the above data, we get a task with the following input:
- Buyers will try to raise the price of XRPUSDT again to the level of $1.75-1.80
- Sellers will again protect him, which is logical)
+ Winner Get All)
If the XRPUSDT price manages to gain a foothold above $1.80 , and then retest this level for strength, then the path will open for growth to the desired maximum around $3.30.
Moreover, Ripple can move on an individual trajectory without looking too much towards BTC.
If the assault on $1.80 for buyers turns out to be a failure , then there is no doubt that the $3.30 mark for XRP will be taken, but before that the XRPUSD price will fall by $0.40 to gain strength there for a new upward assault.
XRPBTC global chart is also interesting
During the last 1.5 years there were 2 attempts and now there is a third one to break through the strong mirror level 0.00003800sat . up, but buyers fail yet.
If buyers still succeed break upwards in this in the near future, then the next level from above is 0.00006000sat. Such a theoretical course of events can greatly help with the growth in the XRPUSDT pair.
If the attempt to break upwards fails, then the XRPBTC pair will continue to trade in the lower division, and the price in the XRPUSD pair will go to recruit new investors at $0.40.
Let's discuss the possible future of the Ripple price in the comments.
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The Only XRP Technical Analysis You Need, Part 3ETH have 3 possible move in the next few days/weeks which are all almost identical , but no way we can tell what would it be with the current trend right now. However, if we do see it march towards it's all time high ($4000~) then expect for it to fail and come back around ($2000-2500).
I would assume if that's the move then XRP will likely dip all the way to .75
We don't have enough indicators to tell us where we will be going which usually what happens after a major correction, so we could just move sideways for the past few days until the dust settles
I'm expecting to see XRP test its EMAs and tighten the gap between 20 and 40 EMA, forming a lower highs and higher lows.
I'm looking for a double bottom or a triple bottom indication for the next few days, if we do see XRP form those, then expect the pattern to be reversed
There's a huge possibility we go back to .75 before a major break out to retest the weekly EMA and take out the swing pattern from the past bull run before heading back up.
Ciao
XRP CLEAN TECHNICAL ANALYSIS Last chance to buy before an impulsive push to the upside,
price has currently retraced from the most recent dip testing the lows where price has now come back up and formed an ascending triangle pattern,
anticipating a third touch to the lower trend line of the pattern where price may possibly dip to and then complete this pattern before a push to the upside where price will move up to previously trading areas
XRP - Cryptos in Capitulation!!!Hi everyone,
A flash crash going in to total capitulation is not what we expected - this was very hard especially for inexperienced traders.
Bein over leveraged is suicide in these cases, hence this was a catalyst to this flash crash.
The overall trend still looks bullish (I'm still super bullish), it's very horrible price action but the ABC correction wave is playing out.
On the daily we have to see a reversal pattern playing out to confirm the bullish trend: some kind of V shape pattern.
Weekly chart shows that XRP is holding key supports!
C Wave could have finished, maybe an extra leg down but to be seen - excellent buy opportunities.
On the monthly chart we see that with fractal analysis we expected this crash followed by consolidation:
Kind regards,
Noel
XRP, Ripple - false breakout has happened. What's next?Yesterday, the price made a false breakout oh key level 0.8883 and bounced from it. Now the best scenario for Ripple is building a local trendline with squeezing to it. If it happens, it will be a good pattern for a breakout.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
XRP - PRICE is KINGHi everyone,
We've discussed a potential ABC correction a couple of time also the potential invalidation.
In this case we might see a pull back to the EMAs what XRP did in the pst before reaching it's AHT.
Chart says everything -» price is king, not the news.
EMAs, support zone, RSI & fractal all match.
Targets: 5, 10 and maybe above - see you there (eventually).
Kind regards,
Noel