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.
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I do not give entry and exit points.
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Xrpusdsignal
XRPUSDT - continuation of the uptrend!!!🤑🤞Good afternoon! The correction phase of altcoins is nearing completion. And XRP is no exception! The graph shows the XRP price movement plan at the end of the correction phase.
In general, we stock up on patience and look forward to growth.
We will do our time!
The only thing that can completely change the upcoming movement is the fall of BTC below 8900-8800.
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ridethepig | XRP Market Commentary 2020.02.21It is well known that the latest retrace was able to conduct a violent sweep in both directions which makes this middlegame area very credible. It is going to act as a strong floor in the later stages of the cycle (outside of the discussions for today). One of the main highlights is coming from BTC which has had the ability to gather first plenty of speed in the early stages and momentum to tackle the break. The case is no less imaginative for XRP here:
The great mobility of the king, carrying the crypto board is constituting as one of the most important factors in this middlegame. The specifics on XRP are becoming less and less relevant in relation to price (scarily as is usually the case with exuberance). So it must be developed (Visa integration can do the heavy lifting !!!!) as we approach nearer the battlefield.
Good luck all those loaded in the crypto markets, a very happy @ridethepig here with a huge grin on my face for the weekend. Thanks for keeping the support coming with likes, comments and etc!
#XRPUSD#RIPPLE, Back to normal or will we have a surprise?As we will see in the current review, there are some technical issues to continue the ups.
The Ripple failed to rise above the 200 moving average line and instead returned to decline.
The one last candle was closed in the form of a Doji and the candle that came immediately after the Doji is red which is a confirmation for a bear model.
The XRPUSD is still in decline if you look at all the technical data.
A short-term goal: 0.25 (We have not yet fully eulogized)
💎XRP is climbing to its High-Volatility trading rangeHello everybody!🧑🏻🚀 Thumb UP👍 if you like this chart. Soon, XRP will get into its usual trading zone, all the goals are indicated on the chart. In the meantime, we will provide 3 fundamental factors in favor of XRP growth:
1. The national Bank of Egypt has entered into a partnership with Ripple. He plans to use the technology of a blockchain startup to increase the speed of cross-border transfers and reduce their cost.
2. On February 5, Ripple announced a partnership with International Money Express, an international payment system that focuses primarily on Latin America.
3. According to a recent report by Ripple, the company sold only $13 million worth of XRP tokens in the last quarter of 2019, which is 80% less than the previous similar period. This involuntarily suggests that sales have been reduced so much, since the rate is expected to rise to values at which it will be much more profitable to do so. In favor of the likely native XRP also says the news that the head of Ripple hinted at the possibility of an IPO of the company this year. And fans of the project are already anticipating an unprecedented increase in the rate if this really happens.
ridethepig | XRP -25% Correction In Play!XRP buyers... Creatures of habit, that love warmth of familiarity. By keeping the smell of the past alive they commit to more exposure only to later have the rug pulled again. This does not change the state of play for BTC, those following the long term diagram in BTC have started to reach the first profit taking area and with that XRP like a farmer who has lost his piglet, looks particularly vulnerable with shorts looking attractive here.
Well done those who have been riding the pig so far in XRP; it is a very good gage for the collateral although I have full disclose that not a dime was made on this leg:
You notice how we entered into buyers jurisdictions and smart money saw the investment, any sellers did well to liquidate there:
Buyers have made the tempo move and successfully developed the trend. But, unfortunately from time to time, other dubious tactics are tried: the retrace in order to take profit and shake out late retail buyers, and keep on doing so until the day arrives when you have to play the same sizes on both sides...not a move for newcomers, we have to hold the highs as reference as mere stop gaps will not help. We'll update the chart as things go along.
GL
As usual thanks for keeping the support coming with likes, comments, charts and etc!
ridethepig | XRP Market Commentary 2020.02.13A timely update to the daily chart with risk entering back into the picture it is a healthy profit taking leg in play for buyers. Those who have been loading at the lows can finally begin to cover and open up some sell-side opportunities. Expecting a day of consolidation and then some more cooling off from the impressive rally.
The squeeze is still very clear and I think it makes sense at these levels to outguess profit taking from the buy side. I don't think this is anything other than a mini bounce. Early selling from the usual suspects on the London open but since once again the algo machine buying 0.30 seems to be buying in huge amounts. Will watch closely, the intention is to continue trading the leg higher with a modest short-term short.
As usual thanks for keeping the likes and comments rolling!
XRP/USD BULL RUN LONG SET UP BUY XRPUSD
ENTRY 1 .26480
ENTRY 2 .28500
SL .25500
TP.1 .29500
TP.2 .30500
TP.3 .32000
TP.4 .33500
tp.5 .36000
tp.6 .3800
tp.7 .4000
Major resistance levels: $0.36, $0.38, $0.40
Major support levels: $0.28, $0.26, $0.24
Ripple (XRP) Price Analysis
XRP/USD price valuation has eventually strived to surge upwards to touch a high resistance market line at a $0.34 mark today. A vital resistance point at $0.30 has been pushed-off over northwardly to now serve as the first main point that any downward price movement will have a breakthrough before probably thinking of the crypto’s possibility of losing momentum in the present upward swings.
The USD hasn’t had a strong stance to presently suggest its gaining of grand against the base cryptocurrency.
Ripple Technical Indicators Reading
The 14-day trading indicator still points to the north direction below the current market position. There is a space between the 14-day SMA and the 50-day SMA while the latter is located a bit over the current major support level at $0.28 price line. That adds more to the validation of setting the first support line at that price point.
The Stochastic Oscillators still consolidate around the overbought region and range 80. But, the bulls are being in favor of the hovering moves.
Conclusion
The XRP/USD market bulls are still to some extent being in the control of this crypto market until now. However, another strong resistance line has just been hit at a $0.34 mark. And, that price line and $0.30 point are potentially prone to witnessing variant formations of trading activities for a number of hours or a few days.
XRP/USD BULL RUN LONG XRP MOONMajor resistance levels: $0.36, $0.38, $0.40
Major support levels: $0.28, $0.26, $0.24
Ripple (XRP) Price Analysis
XRP/USD price valuation has eventually strived to surge upwards to touch a high resistance market line at a $0.34 mark today. A vital resistance point at $0.30 has been pushed-off over northwardly to now serve as the first main point that any downward price movement will have a breakthrough before probably thinking of the crypto’s possibility of losing momentum in the present upward swings.
The USD hasn’t had a strong stance to presently suggest its gaining of grand against the base cryptocurrency.
Ripple Technical Indicators Reading
The 14-day trading indicator still points to the north direction below the current market position. There is a space between the 14-day SMA and the 50-day SMA while the latter is located a bit over the current major support level at $0.28 price line. That adds more to the validation of setting the first support line at that price point.
The Stochastic Oscillators still consolidate around the overbought region and range 80. But, the bulls are being in favor of the hovering moves.
Conclusion
The XRP/USD market bulls are still to some extent being in the control of this crypto market until now. However, another strong resistance line has just been hit at a $0.34 mark. And, that price line and $0.30 point are potentially prone to witnessing variant formations of trading activities for a number of hours or a few days.
xrp breaking the trendlinewe can expect here 2 scenarios
1: price will reject test the 25 cent area again. after the rejection, it will break the trendline violently and reach the 42 cents area which I highlighted in a green box.
2: price will close above the trendline, rise, test it again and then climb to the 40.42 cent level.
this is interesting to watch how xrp will behavior
XRPUSDT - medium-term expectations!Good afternoon! In the medium term, XRPUUSDT is waiting for a trend resistance 0.255-0.265 - the completion of the five wave. If it breaks through, growth to 0.28 is possible. Perhaps 0.28 is the strongest level, with the passage of which it will be possible to grow to the sales zone 0.35-0.43. I do not see above growth yet. I will write a change!
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XRPUSD bounced from support, potential for a further rise!
XRPUSD bounced off 0.22091 where it could potentially rise further to 0.24166.
*Disclaimer.*
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XRPUSD Market Structure AnalysisI think XRPUSD has a downtrend till next week but in this view, we can have a short correction and make some profits with that!
R/R:3
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XRPUSD bounced from support, potential for a further rise!
XRPUSD bounced off 0.22555 where it could potentially rise further to 0.26195.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
XRPUSD bounced from support, potential for a further rise!
XRPUSD bounced off 0.22555 where it could potentially rise further to 0.26195.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.