TIME TO SHINE!Ripple XRP CHART is ready to explode. We have found support bellow .40
On the chart you can see the next targets, above the 1.50 will de real fun begin.
XRPUSDT.P trade ideas
XRP Price Surges: Critical Levels for Your Next TradeIn the latest 4-hour trading chart, BINANCE:XRPUSDT has shown a steady upward movement, closing at $0.4639. The 9 EMA and 20 EMA values indicate a bullish trend as they remain below the current price, signaling a potential continuation of upward momentum. Specifically, the 9 EMA has consistently risen from $0.4421 to $0.4517, while the 20 EMA has also increased from $0.4389 to $0.4451. These moving averages suggest that buying pressure is currently dominant in the market.
The Moving Average Convergence Divergence (MACD) further supports this bullish sentiment. MACD histogram values have shown a consistent increase, indicating a strengthening bullish momentum. The MACD line has risen above the signal line, reinforcing the positive trend. Recent MACD readings, with the MACD line at 0.0056 and the signal line at 0.0028, also highlight the growing buying interest.
Relative Strength Index (RSI) values have climbed from 57.13 to 67.29, approaching the overbought territory. This upward movement in the RSI reflects increasing buying pressure and suggests that the XRP price could continue to rise in the short term.
However, traders should remain cautious as XRP approaches significant resistance levels. The first resistance level at $0.4766 is crucial. If the price breaks above this level, the next resistance zones to watch are at $0.4778 and $0.48. These levels could act as potential exit points for long trades, especially if the RSI continues to climb towards overbought levels, indicating a possible price reversal.
On the downside, key support levels are found at $0.4331, $0.4146, and $0.3986. These levels offer potential entry points for long positions if the price retraces. A break below these support levels could signal a shift in momentum, making them critical areas to watch for potential short trades.
In conclusion, the technical indicators suggest a bullish outlook for XRP with potential upward movement towards the resistance levels. However, traders should monitor these key levels and indicators closely to make informed decisions.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Ecoinimist is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
XRP Successful Retest, Potential BreakoutAs XRP battled through the bearish sentiment it soared through and break through the ascending triangle and successfuly retested and now it's on way to again retest another resistance. With BTC now slowly going green a potential breakout can happen.
Selling XRP @ 0.4865Selling XRP @ 0.4865
XRP I believe will hit the top bollinger at near 0.4944 and I have already put my sell order in for 0.4865 so my order takes presidence over others including whales.
I do believe, BUT COULD BE WRONG that XRP WILL ULTIMATELY GO TO NEARLY 0.0977 (support) on the monthly
No one knows where this will ultimately fall to. But, having a clear picture of direction is important.
This is not financial advice, I am just documenting my journey with XRP
with a buyback set for 0.1351
as A FALLING KNIFE SCENARIO CATCHING IT BEFORE IT HITS 0.0977 and ROCKETING BACK UP!!!
Good luck on your trades.
The WizardOfRealms13
#EURUSD Uncertain Future After Surprise French Election Results🔹The French election resulted in a surprise with the left-wing New Popular Front gaining the most seats in the National Assembly.
🔸This has led to a hung parliament, creating potential governance challenges for Macron's party. French financial markets are slightly lower as traders await details on the new government.
🔹French borrowing costs are expected to rise due to proposed policies like lowering the pension age and increasing the minimum wage.
🔸The Euro remains stable, benefiting from US dollar weakness, the pair can drift to 1.087 and with further weakening of the Dollar and the 200 MA becoming a strong support, the price can rise to 1.091, 1.097 and 1.103.
🔹In a divergent approach, a stronger Dollar can push the price below the 200 MA (1.097) where the next targets would be the 0.61 (1.071) and 0.78 fib level (1.059) and the strong support at 1.053.
Zanzibar Trading
#XRP Why is Ripple's Price So Low🔸Ripple price is currently sitting at $0.4329, the lowest it's been in the last 3 months, the pair fell below the triangle pattern from $0.6135 to $0.4206, a 30% drop compare to Bitcoin's 16% rise during the same period.
🔹Much of the bearish momentum was in the result of The SEC rejecting Ripple's request to reconsider the $2 billion penalty, maintaining uncertainty in the XRP market.
🔸The almost $12 billion possible selling pressure that can come from the germen Government and Mt. Gox repayments have made traders more cautions which is also indicated by funding rate drop.
🔹On the technical side, the price is sitting at an strong support, if this support cracked sellers can push the price down to $0.3680, $0.3356 and $0.3013.
🔸Alternatively, buyers can use this support and possibly any positive fundamentals to push the price up to the 50 MA ($0.4923), the 200 MA ($0.5474) and $0.5827
Zanzibar Trading
XRP Must cross 0.4615 ELSE A RETESTXRP Must cross 0.4615 ELSE A RETEST.
If XRP CROSSES "THE SELL LINE" = 0.4016 then, it will go towards next target.
However, we generally see a retest before launch. I suspect there will be a pullback on firts attempt to cross the white ma (21 Day moving average) on the 1 Day Chart and should pull back to the dashed lines at: 0.4348 (estimate) Before heading towards: 0.4865 Dashed Lines (which is below my red line max target of: 0.4944
I predict a sell at 0.4010, a buyback at 0.4348 (or) just above it, and a sell at 0.0.4865 (or) just below it.
We are still on coarse.
The WizardOfRealms13
Ripple Is Approaching The Main TrendHey Traders, in today's trading session we are monitoring XRPUSDT for a selling opportunity around 0.47000 zone, Ripple is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.47000 support and resistance area.
Trade safe, Joe.
This is the Daily XRPThis is the Daily XRP
0.38 appears to have been bottom for now.
It is possible that we may be on our way up.
However, we may also get stopped around the 0.46 area.
Positive note might be that; the White MA, GREEN MA, BLUE MA and RED MA are so evenly spaced that we may be on the way up to 0.7470
I am in and holding.
All other plans on hold.
If the 0.46 area doesn't hold then 0.34 area may get hit.
The WizardOfRealms13
XRP Swing longI mean, we could be sitting a while.
But the 4h is showing life through a three rising valleys pattern right below resistance. Just like matic we want to break above the overhead 0.545. Once we do we are in the clear.
We are sticking with this XRPWe are sticking with this XRP.
I am buying back @ 0.3368
Short
The WizardOfRealms13
To Hell with the smaller time frames!
I am buying back in at 0.4219I am buying back in at 0.4219
XRP BUYBACK ar 0.4219 is for short term gain as I believe the price may go lower ultimately...
And IF this is a reversal zone then I'm in already.
Indicators on the 1 minute chart shows me this entry.
Again, this may be for temporary gains. I don't yet know where the exit point is...
The WizardOfRealms13
Not Financial advice however I sold my xrp at 0.4355Not Financial advice however I sold my xrp at 0.4355
Based on technicals.
The WizardOfRealms13
Staying the course - selling XRP @ 0.4628Staying the course - selling XRP @ 0.4628
While the 3 Hour has a sell indicator, this is based on the TDIALT.
When I look at the MACD, it is still in positive territory and because of this,the sell indicator can be ignored, thus, XRP will or should still hit the target 0.4628
So, I am holding until then...
The WizardOfRealms13
Xrp going for big reset? Mist alts have gone for full reset. I believe xrp will do the same. 0.11 cents 😱
New opportunities👍
Bought back in 0.4269 to 0.4628Bought back in 0.4269 to 0.4628
Bitrue's Sell Signal on Daily turned back into a Buy and the TDIALT also crossed back above on the 1 hour chart.
Selling at 0.4628 and believe to be buying back at the 0.3368 area.
The WizardOfRealms13
Sell8ng XRP @ 0.4252 due to TDIALT early crossoverSell8ng XRP @ 0.4252 due to TDIALT early crossover
and Bitrue Sell Signal
Buying lower...
Shorting this pig.
Buy back is possible @ 0.4140 -0.4154 above 21 day white ma.
The WizardOfRealms13
I did buy back at 0.4224 and selling at 0.4628I did buy back at 0.4224 and selling at 0.4628
This is only a temporary run it will go back down to the price point I previously selected this is still a short but a short long
The WizardOfRealms13
XRPUSDT ( BETWEEN RESISTANCE AND SUPPORT TRENDLINE ) ( 4H )XRPUSDT
HELLO TRADERS
Tendency the price trade below a resistance trendline , indicates the price is under bearish pressure
TREND ANALYSIS : resistance trendline was strong not easy to breakout , the price trade below this line to reach a support level
TURNING LEVEL : a black line around 0.46 , indicates if the price stabilizing below this level reach support level , if the breaking turning level reach a resistance level
RESISTANCE LEVEL : there is a green line around 0.49 , indicates selling have already increase this level , so if the price breaking above turning level reach this level
SUPPORT LEVEL : there is a red line below turning level around 0.43 , indicates buying have already increase this level , so if the price stabilizing below turning level reach this level
PRICE MOVEMENT : as long as the price trade below turning level at 0.46 , reach a support level at 0.44 , then stable below this level reach a 0.43 , if the price breaking turning level reach a resistance level at o.48 , then stable above this level touch a 0.49
CORRECTIVE LEVEL : the price corrective turning level at 0.46 , before dropping
TARGET LEVEL :
RESISTANCE LEVEL : 0.47, 0.48
SUPPORT LEVEL : 0.44 , 0.43
I am highly uncomfortable with XRP and I sold @ 0.4474I am highly uncomfortable with XRP and I sold @ 0.4474
This is me... I am not telling you to sell.
What I believe going on is that Ripple has orchestrated the selling of their ESCROW to certain market makers and that these market makers are going to drive the price lower.
It could be a group of 13 around the world buying XRP up... making you believe the price is going up when in fact it's going lower.
I am buying back at target (2) 0.3368 , then selling at target (3) 0.41, then buying back at target (4) 0.1351
I've always wanted to buy back at 0.13!!!
I believe I will get this chance!!!
I got a SELL INDICATOR on the 3 Month Chart !!!
So, here goes my plan.
The WHALES WILL EVENTUALLY OWN IT ALL.
BUT, I AM GOING TO STAY IN THE GAME!!!
The WizardOfRealms13
Xrp longRecognising an Adam and Eve double bottom setup accurately is the first stepping stone towards profitable trading. Essentially, this comprises two distinctive lows: a sharply pointed 'Adam' and a broader, more rounded 'Eve'.
Ripple (XRP): Seems Weak, Might Fail To Breakout!Back at Ripple Coin, we are seeing how 4-hour candle is looking for a breakout but is struggling to secure the price above the resistance zone.
We are looking for the weakness to kick in further and push price to lower zones but if we manage to break that resistance at current zones, we will be looking for a new entry near $0.4880
Swallow Team
