Tuesday: Ripple - Week 28Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
Xrpusdlong
Monday: Ripple - Week 28Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
Friday: Ripple - Week 27Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
XRP preparing for new ATHOne of my set ups for $XRP that I'm currently more then happy how it plays. I'm following a fractal combined with Elliott Waves for this one. For more then a month the price is copying everything exactly as it should be percentage wise.
1) Drop to 0.6-0.55$ /or 0.4/ most likely 0.55$ EW 0.57
Completed on 22.06- 0.509$
1) Up to 1.05$-1.18$ most likely 1.10$ EW1 1.05-1.10 (+-100%)
2) Drop to 0.8$-0.75$ most likely 0.80$ EW2 0.78 (-62%)
3) Up to 2.4/2.7/ most likely 2.75$ EW3 1.43 (EW1_162%)
4) Drop to 1.1/1.05/ most likely 1.20$ EW4 1.18 (38%FfromEW3)
5) Up to 2/2.4/ most likely 2.40$ EW5 1.67 (=EW1)(1.80+wick)
6) Drop to 1.1/1.05/ most likely 1.20$ Cor=62-78%=0.9$(0.83/0.99)
7) Going slowly to 1.5/1.6/ most likely 1.50$
8) Break above and going to 6.75/7.5/ most likely 6.50$
BITFINEX:XRPUSD
Monday: Ripple - Week 27Hello Traders! Ripple is in a bigger correction and it keeps getting more complex, it looks like it will be a long time before the bigger uptrend/impulse will happen.
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
xrp looking prime like amazon same day deliveryI believe it's about to pull a COMP 50% easy in the next few days. Let's go for a ride! Obviously depends on btc unfortunately. We may have some upcoming news that will trigger the uphill. I don't believe the technicals follow the news, it's the other way around folks. Enjoy either way since you have to be ready to short it as well. Don't marry the coin, she will cheat on you in a heartbeat.
XRPUSD Longer Term Bull Still ValidThe price of XRP is indeed a 45% increase engineer from June 22 to high June 29 but does not meet the impulsive recovery criteria because the volume is not impressive. Today's damage from the bearish flag pattern reflects the corrective temperament rebound. It has increased the chances that Ripple will be damaged under $ 0.650 and targets the Fibonacci retracement level of 78.6% of $ 0.555 and potentially low June 22 for $ 0.512. We are going to open a long run from 0.60 cents and will keep hold tight. We all know that Ripple was the world's 3rd largest cryptocurrency, but now it's holding number 7th.
💡Don't miss the great buy opportunity in XRPUSD @Ripple
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.5803).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XRPUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 49.
Take Profits:
TP1= @ 0.7069
TP2= @ 0.8169
TP3= @ 0.9298
TP4= @ 1.0681
TP5= @ 1.1959
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in XRPUSD @Ripple
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.5803).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XRPUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 49.
Take Profits:
TP1= @ 0.7069
TP2= @ 0.8169
TP3= @ 0.9298
TP4= @ 1.0681
TP5= @ 1.1959
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
XRP rejected from $0.72 amid multiple sell signals
Ripple price gained ground to settle briefly above $0.7 but hit a barrier under $0.72.
Losing support at $0.7 opened the Pandora box as a correction to $0.64 becomes apparent.
Ripple price was able to break the resistance at $0.7 on Tuesday. This move allowed bulls to stretch the up leg to $0.72. However, the seller congestion at the 200 Simple Moving Average (SMA) on the two-hour chart stopped the bullish action.
In the meantime, XRP trades at $0.68 after losing support at $0.7. If the ground above $0.7 is not reclaimed soon, losses will likely extend toward $0.64. At the moment, the path with the slightest hurdles seems downward, as observed from the short-term technical picture.
Why could Ripple price declines soar in the near term?
Ripple’s short-term technical picture is flipping massively bullish, according to the two-hour chart. Applied technical tools such as the Moving Average Convergence Divergence (MACD) are about to send a bearish signal. The indicator follows the trend of an asset and measures its momentum.
When the MACD line (blue) crosses below the signal line, it is a call to sell, as observed on Ripple’s chart. Moreover, traders watch out for the MACD crossing under the zero line into the negative territory to validate the downtrend.
As the bearish momentum gains power, the Relative Strength Index (RSI) shows that bearish aggression intensifies. Unlike the MACD, the RSI follows the trend of an asset and calculates its strength. A sharp drop from the oversold area suggests that sellers are entirely in control. Breaking below the midline and toward the oversold region would cement the bears’ influence in the market before the bulls turn the trend around.
On the other hand, a golden cross pattern has occurred with the 50 SMA crossing above the 100 SMA. The pattern infers that the uptrend is still intact despite the correction, and Ripple price will likely secure higher support, leading to its resumption.
Ripple intraday levels
Spot rate: $0.68
Trend: Bearish
Volatility: High
Support: $0.64 and $0.58
Resistance: The 200 SMA
XRP to $15 in Sept 2021I don't want to explain this because I'm too tired. This is very speculative although realistic for what I believe is going to come to XRP if the lawsuit ends Sept.
I've watched what phases XRP goes through for quite some time and it's just went through two Elliot impulse/correction waves and I found you can extrapolate the peaks of some of the bumps to accurately predict the peak of the second Elliot impulse; although it's only one so it's unreliable unless you consider that the fib price extension says it's correct too. I've given two possible price targets and I believe there's a small chance I'm correct based on the fact the top fib price level for the next peak prediction of the next Elliot impulse wave levels up perfectly with the extrapolated trend line. No bets though.
W6L11.
Ripple’s 30% rally bows to selling pressure under $0.7
Ripple gained ground to $0.67 after the massive weekly selloff to $0.52.
Overhead pressure under $0.7 results in a retreat to $0.6.
The MACD reveals that XRP is still in the bulls’ hands.
Ripple suffered greatly under the battering jabs from the bears at the beginning of the week. The feared downfall to $0.5 occurred as XRP tumbled to $0.52.
Meanwhile, a recovery followed swiftly, with Ripple gaining the lost ground above $0.6. The bulls stretched the up leg toward $0.7, but the momentum lost steam at $0.67.
At the time of writing, trades at $0.62 following a minor correction. Holding support at $0.6 is crucial for the resumption of the uptrend. However, Ripple may retreat further before bulls throw another jab at $0.7.
Ripple’s weakening on-chain metrics could be hindering recovery
On-chain metrics play a key role in the performance of most crypto assets. Understanding the signals from the metrics helps investors make informed decisions.
According to data from Santiment, the number of new addresses joining the XRP has dwindled over the last 30 days. Moreover, the XRP price has been falling in tandem with the addresses. For instance, from a 30-day high of nearly 4,800 addresses created on May 24, only 2,055 addresses were created on the network on June 23.
On May 24, Ripple exchanged hands at $0.86, but the price had fallen to $0.64 on June 23. Declining network growth is usually a bearish signal, ascertaining that the project is losing traction. Hence, if the metric fails to turn around, XRP price will likely delay recovery or continue exploring the rabbit hole.
On the flip side, the Moving Average Convergence Divergence (MACD) hints at the trend remaining in the bulls’ hands despite the correction from $0.68. Realize that the bullish outlook emanates from the MACD line (blue) sustain the divergence above the signal line. Besides, holding above $0.6 support may allow bulls to focus on recovery toward $1.
Ripple price intraday price levels
Spot rate: $0.62
Trend: Bearish
Volatility: Low
Support: $0.62 and $0.52
Resistance: $0.7 and $0.85
XRP breaks down crucial support, need some bull power here!I was hoping XRP would hold crucial $0.69 support level and it is not below 200DMA. It doesn't look good at the moment, there is some buying and its up 16% so far, but it has to close above $0.69 area in coming days to invalidate its current bearishness. BINANCE:XRPUSDT