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XRPUSDC

Ripple - We warned but nobody listenedIn our last idea on Ripple, we warned about the inevitable end of the rally and a return to reality. Indeed, even before that, we dismissed why it would not be possible for Ripple to reach sky-high valuations like 100 USD or 1 000 USD, which many market participants seem to be forecasting. Despite that, however, our view has not changed much. We remain bearish on XRPUSD and think it will go back to its 2022 lows over time. Accordingly, we maintain our price targets of 0.30 USD and 0.28 USD. Illustration 1.01 Illustration 1.01 shows the weekly chart of XRPUSD and two yellow rays. The bullish breakout above the second ray took place; to confirm our bearish thesis, we would like to see the price break back below the Ray 2 and hold there. Technical analysis - daily time frame RSI turned bearish. Stochastic is also bearish. MACD is neutral. DM+ and DM- are bullish. Overall, the daily time frame is turning bearish. Illustration 1.02 The picture above shows the daily chart of XRPUSD within the wide range. We previously outlined that the breakout above the range would be bullish; however, once it occurred, we said we would pay close attention to volume. Subsequently, volume was declining while the price was rising, leading us to speculate about the potential top. Technical analysis - weekly time frame RSI is bearish. MACD points to the upside but stays in the bearish area. Stochastic points to the upside. DM+ and DM- are bullish. Overall, the weekly time frame is still slightly bullish. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
BITSTAMP:XRPUSDShort
by Tradersweekly
53
XRP vs BTC - Massive Upside Potential on the BreakoutXRPBTC is testing a long-term resistance trend going back to its January 2018 high. Getting past resistance here would most likely lead to a very high volume breakout. Its daily RSI is currently at 70 which is very bullish territory. As long as BTC can find support here, we should see fireworks. Failure to breakout might mean XRP will revisit the bottom of the blue falling wedge before retesting resistance again. I'm buying the breakout.
Long
by jpbrown1023
4
XRP triangle breakout 2 📐 Ripple is trying to break up this triangle 📐 and if successful I think there is chance for run to 1.03 and even higher. ENTRY : local high @ 0.7693 STOPLOSS (SL) : local low @ 0.7033 TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 1.03 REWARD RISK RATIO (RRR) : 3.9 INVALIDATION : when SL level hit Check my other stuff in related ideas. Please like👍, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Long
by bizmark
3
XRP triangle breakout 📐Ripple is breaking out of this local range up and I think it will also break up this triangle 📐later on. Then there would be a chance for run to 2.29 and even higher. Setting BUY LIMIT order to catch the pullback.❌R P come on! ENTRY : local high @ 0.9361 STOPLOSS (SL) : local low @ 0.7601 TARGETS (TP) : TP1 - resistance @ 1.41 | TP2 - resistance @ 1.70 | TP3 - resistance @ 2.22 right below of the projection (height of the triangle projected from midpoint of the local range (BUY LIMIT - SL)) REWARD RISK RATIO (RRR) : TP1 - 2.7 | TP2 - 4.3 | TP3 - 7.3 INVALIDATION : when SL level hit Will the history repeat itself? 👇 Check my other stuff in related ideas. Please like👍, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Long
by bizmark
6
Dear Ripple, your time has come again!XRP breaking up this triangle 📐 and I think there is chance for run to 2.54 and even higher. Setting BUY LIMIT order to catch the pullback. Ripple , just cripple the Beras!🐻 ENTRY : local high @ 1.23 SL : local low @ 0.948 TARGET : height of the triangle projected from midpoint of the local range (BUY LIMIT - SL) @ 2.54 RRR : 4.6 INVALIDATION : when SL level hit Check my other stuff in related ideas. Please like👍, comment🗣️, follow me✒️, enjoy📺!
Long
by bizmark
10
XRP Eyes $0.70 As Bulls Push Off Major Support-XRP has revived 20% off its short term bottom at $0.50 -Price just recently broke over a 60 day downtrend -The 200 MA continues to act as support XRP has been through a wild ride throughout the last 8 months as it fights for crypto regulation. The United States Securites & Exchange Commission continues to drag its feet on providing clear regulations to industry participants. It decided to go after Ripple in December of 2020 claiming it sold XRP as an unregistered security. The ongoing lawsuit has severely hurt and influenced the price of XRP. With multiple recent wins for Ripple, investors are anticipating a win soon enough. Once this lawsuit is over, XRP can get back to its mission of facilitating cross-border transactions & potentially breaking its previous ATH. Just over the past few days, bulls have pushed XRP over its long term trend line which was holding the price down for over 2 months. This is a bullish sign as it is usually the first step to a trend change. As long as bulls can keep XRP over this trend line, we should expect prices to move near the $0.70 region fairly soon. At the time of writing, price has been halted at a major resistance box found at $0.611-$0.634. Once bulls manage to clear this mark, XRP should start picking up speed. Along with the resistance box that price is currently halted at, lies the 200 MA. Price has been stuck under this MA for over 60 days and once it is cleared, XRP will start heading back towards $1.00. If the bears decide to take over in the short term, we can expect XRP to find support at $0.58. Along with this mark lies another support at $0.56 that price must stay above to continue in a bullish uptrend. Anything below this box will likely result in a hard downfall. The RSI has continued to be halted at a resistance line which is found at 61. Strength has failed to hold above this mark for nearly 82 days. Once bulls manage to break & hold this line, XRP will experience a large bullish surge. The MACD histogram has been ticking green for nearly 3 days. There is a slight bearish bias as the MA’s are about to cross bearish. If the MA’s decide to break below the 0 value, this may result in a short term pullback to XRP’s major support box. 

XRP intraday levels Spot rate: $0.608 Trend: Short Term Bullish Volatility: Medium
 Support: $0.589 Resistance: $0.612
by CoinGape