Xrpusdbuy
Ripple (XRP) Needs This Break Out Then Next Destination Is $5Falling wedge:
The price action of Ripple is moving in a falling wedge pattern since August 2018. Recently after the strong bearish trend in the month of March 2020 the priceline of XRP again has hit at the support of this falling wedge pattern. Here I was waiting for two indicators to give bullish signals. One from stochastic to give bull cross and second for the momentum indicator to turn weak bearish from strong bearish after these two signals I was expecting that the priceline will again move up to make another attempt to break out the resistance of this falling wedge pattern.
Finally on 6th of April the stochastic gave bull cross and on 27th of April the momentum indicator turned weak bearish from strong bearish and then the priceline of Ripple turned bullish and sofar it has reached almost at the half of the wedge pattern.
Here we can observe one more thing that the relative strength index (RSI) indicator 1st went in oversold in January 2020 and in the month of March it went again very close to the oversold zone and now it has turned bullish. And if we see the priceaction of XRP then it can be easily seen that the priceline has also formed a double bottom as well that is another very powerful bullish sign.
Indicators are turning bullish:
falling wedge:
Volume profile and Bollinger bands are giving bearish signals:
If we see the two more signals on this weekly chart then the situation is little bit disappointed. If we see the volume profile of the complete price action moving within the pattern then it can be easily witnessed that the trader’s interest is very weak below $0.17. And if we move up then we find that the interest of the traders is very low above $0.33, this is almost the same level where we have the resistance of the falling wedge pattern. Therefore in order to have a break out from the wedge we need the interest of the traders should be developed above the level of resistance, moreover if we see the Bollinger bands then it can be easily observed that the upper band of Bollinger bands is below the resistance of this falling wedge pattern. Therefore it can play a role of resistance or hurdle for the priceline that can stop the XRP to break out the resistan. Therefore in order to achieve a successful breakout from this pattern we need the Bollinger bands to move above the resistance of Wedge. However if exceptional we will have a powerful buying volume then the Ripple can ignore these signals and breakout the resistance.
Simple moving averages and bearish signal on daily chart:
Now if we switch to the short-term daily chart and place simple moving averages with the time period of 25, 50,100, and 200 then we can see that since 14 March to 29th of April the priceline was moving up with a strong bullish rally and first the price action broke out the 25 SMA after that priceline faced a little bit resistance but finally broke out the 50 simple moving average. And during this the we can also watch the golden cross formation between 25 and 50 simple moving averages. Then on 29th of April the price action of Ripple broke out the 100 SMA but since then the price action is not able to break out the 200 simple moving average. And it is being consolidated between 100 and 200 simple moving averages. And now there is bearish signal appeared and that is on 30th April a powerful bearish engulfing candlestick is appeared that is a bearish signal. This candlestick has completely in engulfed the bullish candlestick of 29th April. Therefore in order to break out the 200 simple moving average we need another powerful bullish engulfing candlestick that should engulf the bearish engulfing candlestick of 30th April or at least it should be equal to this bearish candlestick. Then this bearish candlestick will be cancelled. But unfortunately sofar after that bearish engulfing candlestick we have a two weak bullish candle sticks and and today we can see a weak bearish candlestick as well.
Up channel:
On the same daily chart the priceline of Ripple is moving within an up channel since 17th of March. At this time the price action has reached at the resistance of this channel but could not break out this resistance even after powerful bullish candlesticks with long spikes and now we have few weak bullish candles moving sideways. Here I am watching for two more indicators one is stochastic indicator another one is the momentum indicator.The stochastic indicator has already visited the overbought zone and it has given bear cross. Now if with this bear cross of stochastic indicator the momentum will be turned weak bearish from strong bearish then we can expect that the priceline may re-test the support of this channel and that is at $0.20. I am not expecting as that much powerful bearish move that the priceline would re-test the support of the falling wedge that has been formed on the long term weekly chart. Therefore after retesting the support of this channel the priceline may again move up to make another attempt to break out the resistance of this channel.
Up channel:
Stochastic and momentum:
Key level resistance at $0.31:
Now I would like to discuss a major key level resistance and support level for the priceline of Ripple. And that strong resistance and support level is at $0.31. If we seen on the chat then we can easily observe that since the XRP born this $0.31 has been very powerfull resistance and support level in the history of XRP. First we can see that it has been working as a strong resistance from May 2017 to December 2017. But once this resistance was broken in December 2017 then within one month upto January 2018 price action started very powerful bullish rally that produced more than 1476% gains. And reached more than $3. Then from January 2018 to August 2019 it has been working as a a strong support for the priceline but once in August 2019 this support has been broken down since then priceline could not breakout this resistance again. Therefore we can expect that once this resistance will be broken out then it can repeat the same move of Dec 2017 to Jan 2018 and produce more powerful bullish rally than bullish rally of 2017 to 2018. And this powerful bullish divergence can lead the XRP to reach $5 that will be all time high price.
Conclusion:
On short term the Ripple is giving bearish signals therefore we can expect bearish rally on the daily chart but on the long term the XRP is bullish and once the key level resistance of $0.31 will be broken out then XRP can achieve the all time high price.
Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
XRP LAWD AWOKENED, WHY $0.3 OR $0.9?(MUTI TF 1hr, 4hrs, 1D,1W)
Hello Friends, today I bring to you a well cooked analysis on RIPPLE the Biggest Bull RECENTLY Awaken (RIPPLE).
Before I serve you this delicious CRYPTO meal, kindly support my ministry by leaving your likes behind after reading, Thanks in advance.
XRP Started this uptrend run, As the first bull and also the most hated bull, XRP has too much to prove and that is why you will all be baffled by MEAL XRP HAS BEEN COOKING FOR SO LONG.
Using BINANCE:XRPUSDT charts let's look
Using multi timeframes, here is a clear picture of what to expect in May- June from the Awoken bull called XRP
1hours Chart
We see here a strong correction taking place after the recent fall, but this pump is far from over
1D chart
daily shows that XRP still have good chances of going up as it is still trading below last globex high and above the globex low still
1w chart
PATTERNS OBSERVED
1, Falling wedge (bullish signal)
2, MACD Weekly breakout
3, Trading above globex Low Range
4, Weekly strong volume and price trading above pivotlevel
ENTRY POINT
If prices stays above $0.215, means bullish and $0.25 will hit
if price goes below $0.205 possibility of going lower is 75% because of the Globex High on the breakout side
Weekly trend line breakout point = 0.25
Zones to watch out for Bear Zones dip
1, $0.23 to $0.248 expect a lil pull back before we can cross through, and we will attempt three times to cross, if we fail the third time it will drop a dip.
2, if volume remains strong, and the price holds above $0.25, price will make it up more through to $0.27 to $0.3 range( we will hit $0.27 to $0.3 zone )
3, Higher Timeframes like the 1week chart shows that XRP is well balanced sitting above the pivot level meaning going up is easier now.
1week chart if successful breakout occurs as expected in the $0.24 to $0.25 zone this will lead to a far BIGGER BULL RUN TO $0.8 TO $0.9 ZONE
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XRP/USD - buy after the breakdownbuy after the breakdown.
we set the stop loss at a key level.
are fixed above the EMA50, the next target is the EMA200.
Push like if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Write your comments and questions)
Thanks for your support!
parallel channel for xrp after testing 0.175XRP tested the 0.1750 zone multiple times with some spikes and is now building in a parallel channel to hit the 0.2250.
after that level, we will see if it will break or bounce.
Cursed imageCursed image.png
XRP has formed a bullflag
This is a possible entry point for an intraday trade, Trading is not predicting i know, but we can give it our best shot?
Following a rounded shape
An idea for XRP's market cap
And why it is time to add XRP
XRP: Weekly Bullish Breakout Analysis 1W (Apr. 24)X FORCE GLOBAL ANALYSIS:
XRP's Tether (USDT) pairing has been trading within a descending wedge over the past few weeks. In this analysis, we take a look at the bullish and bearish technicals suggested by XRP's chart.
Bullish Evidence
- A descending wedge pattern is typically known as a bullish reversal pattern
- We can count Elliott Triangle Waves (ABCDE), where we have currently seen the last wave take place
- We are currently testing the 0.236 Fibonacci resistance
- The Moving Average Convergence Divergence (MACD) is showing a potential golden cross
Bearish Evidence
- There is strong resistance around the 0.236 Fibonacci resistance
- The Relative Strength Index is trading inside a descending parallel channel, creating lower highs and lower lows
- The MACD's moving averages are forming lower highs and lower lows as well
What We Believe
Given that the overall market behaves, we can see a potentially bullish breakout for XRP on the weekly. However, a rejection at the 0.236 Fibonacci resistance or the descending trend lien resistance would negate a scenario for the breakout.
Trade Safe.
XRP Market Outlook | Daily Crypto Market BreakdownHey traders, please LIKE & FOLLOW, thank you!
XRP is looking a bit bullish, but not as bullish as bitcoin in my opinion. I would to like for us to have at least pushed up above .2000 instead of just tapping it precisely. That being said we can't ignore the current bullish market structure. That being said before I am fully convinced that we are heading to .30 and beyond we need to see a very strong break above .20 and we need to sustain above .20 not just wick up above and come back down. Keeping a very close eye on XRP for the time being. I have been saying for sometime that my first upside target would be .30 as previously just stated we need to surge above .20 first!
XRP / U.S. DOLLAR (XRPUSD) Weekly, DailyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
This is not trading advice. Trade at your own risk.
XRPBTC Gann boxXRP has formed some nice patterns within the Gann box, clear decay in price along the inner Arc (highlighted in orange) Will we see a moonshot though? Maybe. Currently price is in a falling wedge (hard to spot but its there). 1st target is the inner Arc highlighted in green, second target is the Fibonacci spiral that aligns with an upper arc within the box.
Here is some of my other work with XRP
Why it is time to add XRP.
And some wedges that have formed on the USD pair, both bullish.
XRP / U.S. DOLLAR (XRPUSD) DailyDates in the future with the greatest probability for a price high or price low
Is Crypto getting ready to replace money?Could the Coroner virus be the start of this change? Already most shops are no longer accepting cash because it could pass germs from 1 person to another, Could this be the excuse governments have been waiting for to get rid of cash? What are your thoughts?
We can see that price is currently in key area with it touching our trend line for the 3rd time and also using an old support/resistance level as support so we are LONG on this trade and expecting bulls to come in and push price higher.
If you need any help trading or have any questions then just send me a message.
XRPUSD potential longs if we can hold and then break 0.18000XRPUSD is currently on very interesting level.
Yesterday's dump dragged XRP towards 0.16700-600 levels, which is previous resistance and now support
of big consolidation box.
This level also holding supportive trendline, which is also very important.
If it breaks these levels down below, longs are invalid and i will not be looking for long opportunities anymore.
If we can hold and i see some kind of Accumulation, i could long right here around 0.17.
More longs i will be adding if we break+retest 0.18, which is very important zone/level for further moves.
Psychological level + previous daily/weekly low. if we break it, XRP is gonna lead towards 0.22500 and maybe even more.
Good luck with trading guys. if you like this, dont forget to hit a like button,
Thank you and dont forget to trade with proper Risk and Money management
XRP DivergenceBullish divergence on XRP 4H chart, in which oscillator produces higher lows while price produces lower lows. The divergence scenario hasn't been very successful for myself, however i am trying it with lines instead of candles seeing if going from candle bottom instead of wick bottom works. Golden cross is coming on the daily chart also. Looks very bullish.
XRP USD Ripple - Get Ready For The Big Pump Hi friends
I looked at the big timeframe forming a huge downward pennant.
After which a really big movement can occur.
In order not to miss it,
Buying off in parts
0.201 (25%)
0.185 (35%)
0.16 (40%)
Stop loss 0.112
Goals per order (10-15-20-25-30%)
0.3
0.45
0.6
0.7
0.85
Risk reward 1: 8
The deal is long-term but the profit is very steep
This is just my opinion, and is not a call to action)
Looks good? Leave a like, share and leave a comment.
Thanks for visiting.
Double Bottom Provides XRP Long ScalpIn the 4-hour chart we can see a that a double bottom has been formed (inside a support area visible in higher time-frames).
There are three reasons that I think the entire breakout of this double bottom will play out.
The pattern is combined with bullish divergence in the RSI.
The RSI has broken out from an ascending triangle
The price has broken out from a short-term descending resistance line
So, the first target would be at the high between the two bottoms ($0.245) while the second one at the previous breakdown level ($0.27).
XRP cap resistance brokenSimple analysis using 'Trend lines' Indicator, which shows a break of a resistance trend line for XRP market cap, this may lead to a new ATH for the market cap.
XRPUSDT - natives will wait for their !!! 🚀Good day to all crypto fans! On the XPRUSDT chart, the reversal figure “Inverted Head and Shoulders” is clearly visible. The price pushed off the local trend line. There is a rebound along with the entire cryptocurrency market.
Whether growth will start immediately or if the price is stuck in this price range for a while depends on how the price of BTC behaves. Since there are several options for moving the BTC price, and which one will turn out to be correct, time will tell.
The strong level on XRPUSDT is 0.3, breaking through which we fly up. The first sales area is indicated on the chart.
Thanks to all my subscribers and readers for your attention! 🙏
Success and profit!
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Disclaimer:
I do not give entry and exit points.
I share with you my opinion and ideas, which may differ from yours.
