XRP Support & Resistance (HODL)Support: $1.3100, $1.2400, $1.1000, $1.1000, $0.9900, $0.8900, $0.7460
Resistance: $1.3100,$1.5460, $1.4350, $1.7050, $1.6300, $1.94500, $2.000, $2.2450, $2.50, $2.7000
Xrpusdsignal
Ripple- Don't get too excited, 1.20-1.25 is the ceilingAs I expected, XrpUsd has dropped under 1usd important figure. Of course, this strong sell-off was followed by a rebound and Ripple managed to recover some of the losses and is trading back above 1usd.
However, If we take a closer look, the rise is clearly corrective in nature and XrpUsd has a very strong confluence resistance between 1.2 and 1.25
A new leg of selling can start from this point and a new dive under 1usd is probable
XRP short to $0.9Quick analysis on XRP using both wave theory, Fibonacci analysis :
Wave theory Analysis:
1) XRP had a nice IMPULSE run-up from Apr 4th to Apr 13th going from $0.58 to $1.96 as shown in my 5 point wave in the diagram above
2) After a good impulse phase comes the CORRECTION phase, markets usually stay two-thirds of the time in a correction phase
3) Looks like the correction is a ZIG-ZAG correction look at my wave A-B-C where Wave A touched FIB 61.8% and Wave B is a symmetrical triangle with a nice (3-3-3-3-3) pattern
4) I believe the next one is corrective wave C which has just started and it's is going to come down to FIB 78.6% i.e. $0.9 where the support is tested again to see if it moves up in the next impulse leg up or go down - so watch out for this support line at $0.9
Summary :
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1) Looks like the bears are still in control
2) It's in the final leg of corrective Wave C
3) The support line $0.9 needs to be tested one more time and see which way the market is going to trend
Happy trading, feedback is always appreciated
Triangle Pattern The price in the 10-hour chart is completing wave 3, and below its waves we are in wave IV.
In wave IV, a triangle pattern is formed and the price can drop to the range of $ 1. But it should not enter wave i.
(Range 0.7442)
Is that another wedge forming? Ripple looks set to continue its upward momentum after a health cooling off period.
The bounce should take place within the next 1 - 3 days. Fingers crossed :D
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XRP/USD LONG Set Up To $2.70 (HODL)XRPUSD lLONG SET UP)
BUY AT- $1.5500/ $1.4500/ $1.32000
TP.1- $1.90
TP.2- $2.25
TP.3- $2.50
TP.4- $2.75
Support: $1.3100, $1.1000, $0.9900, $0.8900, $0.7460
Resistance:$1.5460, $1.4350, $1.7050, $1.6300, $1.94500, $2.000, $2.2450, $2.50, $2.7000
XRP/USDT Swing tradePair: XRP/USDT
Type: Regular
Suggested buy in : Under $1.7
Suggested Targets: $1.85 - $2.00 - $2.15
Suggested Stop loss: $1.55
I am not your financial advice. No matter how accurate something can be I always suggest that you do your own research and use your own risk management strategy. Use the above numbers as suggestions and not a rule.
XRP/USD LONG Set Up To $2.75 (HODL) XRPUSD lLONG SET UP)
BUY AT- $1.5500/ $1.4500/ $1.32000
TP.1- $1.90
TP.2- $2.25
TP.3- $2.50
TP.4- $2.75
Support: $1.5460, $1.4350, $1.3100, $1.1000, $0.9900, $0.8900, $0.7460
Resistance: $1.7050, $1.6300, $1.94500, $2.000, $2.2450, $2.50, $2.7000
Ripple- Buy after the break for 2.1 targetRipple has risen 300% in only 12 trading days, and the cryptocurrency seems determined to make up for the lost time.
From a technical perspective, after reaching 2usd zone, XrpUsd is in a small correction/consolidation and is forming a triangle continuation pattern on smaller TF.
A break of this pattern would signal that the consolidation is over and the measured target is 2.1
XRPUSD.Ready to fly high!!!PaklahVlog Suggestion :-
-Wait until price break at 1.77095. Price will go UP.
Ripple Ready to launch its Rocket Ripple Ready to launch its Rocket , with breaking 0.759 it would be ready to go up , that was tested by retesting the same support as long as 0.75 is holding the price it would target 1.45 and its only the beginning
Get ready for the big paaaaaaampAs you can see, after breaking the ascending triangle and the resistance level at $1.1, now we are at $1.15 We only need one retest at $1.1 and we'll be ready for the big jump. Good luck everyone!
Updated- XRP:USD short term trend analysisThe driving application for pattern is based on fractals from 2017
This is an update from mid week last week
44 waves in total over ~60 weeks.
where are we now?
we have completed waves
1,2
we are headed to wave 3
wave 3 target
1.80-2.20
1.80=2017 fractal lift
2.20=0.236 FIB level 4yr trend based fib extension
2.00=3.618 on 1.50 push
begin break FIB time bar 13 (yellow vertical)
wave 4 target
0.86-0.59617
correction range large due to
high=0.86/probable support (long term support trend)
low=0.50 FIB level on 4 yr trend based fib extension
target fib time bar 34
wave 5 target
5.00 - 6.20
6.20=2017 fractal lift
5.00=3.618 FIB based on 0.86 retracement from wave 3 to 4
target FIB time bar 55
XRP STRAIGHT TO MY BOXXRP IS GOING STRAIGHT TO THIS WEEKLY BOX BY FLIPPING ITS RESISTANCE
WE WILL SEE SOME PULLBACK/ RESISTANCE HERE
Its about time! I've been holding XRP since November 2017 whilst continuing to buy more along the way. Its been extremely hard to keep the faith during its very long period of capitulation. It currently forms 2/3rd of my speculative portfolio which shows my high conviction but also the fact that i am overly exposed to this crypto asset.
I've always been focused on the utility of the token with the end game being institutional adoption. Right now Ripple may have lots of partners who have signed up but i don't think that we have even seen a drop in the ocean when it comes to institutional adoption. I'm hoping that XRP goes to $17 - $18 within the next 12 - 18 months, however, why wouldn't it go to $50 000 - $500 000 per token once there has been:
Large scale institutional adoption.
Regulatory clarity in the US.
Complete deployment of all the XRP that is held in escrow.
More decentralized validators secured around the world.
lastly a household change in sentiment around XRP and its use case. Its such a hated crypto asset at the moment.
It may take another 10 - 15 years before all theses points can be addressed, however, as long as it reaches those insane numbers, it doesn't matter if it taken 2 years or 15 years.
The trading signals suggest that XRP may be overbought and in need of a healthy correction. Having studied the trading signals of different cryptos during their parabolic bull runs, these signals can become fairly useless as large amounts of capital flow into the various crypto assets. when bull runs happen in cryptos you simply buy and hold. If the crypto token corrects after a meteoric rise, don't panic. look to the end game.
Please like and follow for daily posts on various asset classes. Please also share your views on the trading ideas and whether or not you find them to be of any value to you as a trader.
Please note that cryptocurrencies are speculative assets which carry a very high degree of risk and any speculation in such assets can result in a complete loss of capital. This idea is shared for educational purposes only and should not result in speculative decisions in any digital asset.
XRP - 6h. Buyers plan to test $0.78The long-suffering triangle that has been forming in the XRP market for 2 months may end its existence. The fact is that today buyers managed to break through the upper trend line of the triangle , which is a good signal for the continuation of the XRPUSDT price growth with the first target of $0.64
Trading volumes in the breakout of the upward triangle trend line were increased. However, if you look at the 12 hour timeframe, the trading volumes on the triangle breakout are quite small:
It is quite possible that this is a false breakout of the triangle and the price may return to its limits. Therefore, now we want to wait for the correction after the completion of the real local growth impulse.
If buyers keep $0.53 , it will be a good signal of buying strength and price growth to $0.78 . The loss of the mark of $0.48 by buyers will quickly help sellers lower the price to $0.42. Therefore, in this situation, we do not plan to rush. However, you need to keep a close eye on XRP.
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XRP - update of the situation 🔥The price made a false break at the most important key level. The ideal entry point happens when the price rises above the last false 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
