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XRPUSDT

XRP: Bullish Pennant BreakoutRipple (XRP) technical analysis: Trade setup : Following a breakout from a Descending Triangle, price spiked up massively to $0.92 resistance on favorable legal ruling. This level also acted as resistance way back in early 2022. However, it got very overbought (RSI > 80) and saw selling pressures from some profit taking. Price has consolidated in a Pennant pattern but broke out of it bearishly (below support), which could open up further downside to $0.55 support next. Fibonacci Retracement support levels are $0.70 (50%) and $0.56 (78%). Pattern : Bullish Pennant – forms typically following a sharp advance, followed by a brief triangular shaped consolidation in price (a small change in direction), before the previous uptrend (bullish) typically resumes. The period of consolidation should have lower volume and the breakouts should occur on higher volume. Trend : Neutral on Short-Term basis and Uptrend on Medium- and Long-Term basis. Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45). Support and Resistance : Nearest Support Zone is $0.55, then $0.45. The nearest Resistance Zone is $0.68 (previous support), then $0.92.
Long
by altFINS
1
DOGEUSD h1 : LONG setupHi Guys Hope You well. I decide to share you some position to trade . but please check the chart by your own result and research and do the best risk management and money management . Give the confirmation from lower timeframe. SecondChanceCrypto ⏰ 6/August /23 ⛔️DYOR Always do your research. If you have any questions, you can write them in the comments below and I will answer them. And please don't forget to support this idea with your likes and comments.
Long
by Secondchancecrypto
Ripple can decline to support line of downward channelHello traders, I want share with you my opinion about Ripple. Observing the chart, we can see that the price some days ago made a downward impulse to 0.6800 current resistance level, thereby breaking the 0.7355 resistance level, which coincides with the seller zone. After this price bounced up and started to rise to the 0.7355 level, but after it reached this level, Ripple rebounded down and started to decline inside the downward channel. Inside the channel, the price broke the 0.6800 current resistance level, which coincides with the resistance area and fell to the support line of the channel. Also a not long time ago price rolled up of the support line and started to rise. And at the moment I think that Ripple can rise a little more and then continue to decline to support line of downward channel. For this reason, I set up my target at the 0.6000 level. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
5
XRP Target Area If that confluence of FIB numbers and trend lines isn't a bottom for bounce or break under and retest for market crash then idk what is If we lose 0.684-0.667 structure FIB 0.382 (0.598) from ATH to recent June 2022 FIB 0.382 (0.6002) June 2022 low to recent high FIB 0.618 (0.597) 4hr Swing low June 30th to recent high ATH to March 2020 FIB 0.5 (0.6151) And 1st Downside TP I use using FIB levels (plays out OFTEN) From recent high on 13th to to the dip on 14th at (0.6007) And the major Trend line (0.61-0.63) give or take From March 13th to Dec 29th where it formed
BITSTAMP:XRPUSD
by Wen2TradeOfficial
3
XRP a bear flipping.If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! I have been posting more on my other accounts, tbh fyi. XRP update. Could not break .6732 and respecting PF so looking lower for now. .6732, bulls have to flip back. .5507, is a must hold for me, yuge level, MO. Waiting for an impulsive reaction at these level, not an all in limit buy for me.
Short
by CryptoKnee
XRP/USD 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this XRP/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- against USDT, the price has been constantly declining after being rejected from the $0.9 resistance level. The market is likely targeting the 50-day moving average around the $0.6 support level. The 200-day moving average trending near the $0.5 mark is also another key support that the price would test in case of a breakdown of the 50-day MA. In any case, the market seems more likely to rebound from these levels and start a new bullish phase. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
2
HelenP. I Ripple can bounce to resistance level and try break itHi folks today I'm prepared for you Ripple analytics. Some days ago price made an impulse down to the 0.7255 resistance level, which is located inside the resistance zone. Then it bounced up and tried to rise, but failed and declined lower the 0.7255 resistance level, thereby breaking it and also entered to consolidation. Inside consolidation, Ripple declined to the 0.6745 resistance level, but after it reached this level, the price bounced and rose to the 0.7255 resistance level, where it traded some time and later declined back. After this movement, the price broke the 0.6745 resistance level and first fell to the 0.6745 - 0.6660 resistance zone, but it didn't fix and continued to decline. At the moment Ripple trades below this zone and I expect that price can a little declined more and then bounce up to the resistance level. After this price can make the correction and then continue to rise, thereby breaking the resistance level. For this case, I set up two targets, the first target at the 0.6745 resistance level and the second - at the 0.7000. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
6
XRP/USD 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this XRP/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- XRP, formerly Ripple, remained in the red during today’s session, as the price fell to a multi-week low. Following a high of 0.6971 the day prior, XRP/USD slipped to an intraday low of 0.6589 earlier in the day. This is the weakest point that XRP has hit since July 13, when the token was trading below 0.4700. That day also saw XRP hit its highest point since December 2021, after it was ruled by a U.S. judge not necessarily to be a security. sentiment has been largely bearish, with the latest sell-off coming as the relative strength index (RSI) broke out of a floor at 49.00. the index is tracking at 48.60, with the next visible point of support at 45.00. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
1
XRP 🌞 24-Hour Outlook; ☁️ for LTC, BNB, & DOGE?Mixed conditions ahead on the global crypto market with XRP, Bitcoin, and Ethereum facing sun 🌞 in the next 24 hours and week ahead. This signals a slightly bullish market with upside potential. However, Litecoin, Binance, and Dogecoin face clouds ☁️ in the next 24 hours, indicating a slightly bearish market with downside risk. Over a one-week horizon, this negative trend should turn into a positive one as the sun returns and shines over these crypto coins. 🌤️ Follow us for more crypto weather reports!
by ATTMO
BTCUSDT H4Hi Guys hope you well. As I said about the direction of movement in the daily time in the previous analysis, I expect such a movement in the 4-hour time frame, Box 30500 can be the last chance for sellers. The analysis is in the high time frame and only shows the way. For trading, you must have your strategy in the short time. SecondChanceCrypto ⏰ 2/August /23 ⛔️DYOR Always do your research. If you have any questions, you can write them in the comments below and I will answer them. And please don't forget to support this idea with your likes and comments.
Short
by Secondchancecrypto
HelenP. I Ripple can rebound up to $0.7500Hi folks today I'm prepared for you Ripple analytics. If we look at the chart, we can see how a few time ago price bounced from the 0.7850 resistance level and declined to the 0.7125 support level. But soon Ripple rebounded up to the resistance level and even rose higher of the resistance zone to the trend line. When the price reached the trend line, it at once started to decline near this line and fell lower the 0.7125 - 0.7025 support zone. Then Ripple bounced up, break the trend line, and started trading in the support zone, but a not long time ago it rose higher of the 0.7125 support level, thereby breaking it again. And at the moment I expect that price can make a retest of the support level and then continue to rise. For this reason, I set up my target at the 0.7500 level. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
10