Ripplebtc
XRPBTC: Tightest Consolidation Seen in the Past YearXRPBTC has deceived many of us for the past months. This is the tightest consolidation found in the past year.
The 1D MACD Histogram has been working up to switch to positive momentum.
The Stochastic RSI has been coiling on the floor for days now.
This looks interesting.
Ripple is going to grow in short-termHello, Traders!
Monfex is at your service and today we overview XRPUSD.
The head of MoneyGram payment service, Alex Holmes, at a Swell 2019 conference, said that his company uses Ripple's XRP cryptocurrency to process 10% of U.S.-Mexico transactions using On-Demand Liquidity (ODL), formerly known as xRapid.
Ripple thawed another billion XRP coins. In 2017, the company blocked 55 billion coins. Now it is gradually thawing assets - at a billion per month. The experts believe that the coin expects growth.
From technical part of analysis Ripple has a bullish divergence by RSI. The price target for a resistance zone.
The resistance zone ~ $0.2823-0.2834
The support zone ~ $0.2704-0.2714
Supposed Trade Signal by XRP/USD
Buy near $0.2744
Take profit ~ $0.283
Stop loss at $0.2693
Market Cap
$11 937 206 804 USD
Volume (24h)
$1 408 225 480 USD
Circulating Supply
43 298 481 757 XRP
Share your thoughts, ideas about the market under the chart.
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GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
XRP possible range to tradeXRP found a temporary bottom here. The upward rally is not really impressive. I am watching both price at the bottom and at 0.00004 BTC to see if there would be a possible range to trade.
Watch RSI closely as it gets rejected at 75 really often.
Important Prices to watch:
0.00004 BTC (daily close)
0.000024 BTC
XRP downlink. The figure "Cup with handle." Pivot points.Upside potential for the channel height + 150%
Upside potential to the resistance of the "cup" + 32%
Upside potential "Cup with handle"
from the resistance line of the "cup" + 58%
from these prices + 90%
Who uses Stop Loss. Stop loss is placed under the downtrend line of the internal channel.
Know what matters is not the Stop Loss size, but the entry point!
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The coin is in the downward channel for about a year. It trades well along downtrend lines that act as support / resistance. At the moment, the figure "Cup with handle" is being formed, the cup has formed, the handle has almost formed.
The downtrend is playing the role of supporting the “Handle”. If we break it down (red zone), the price will most likely fall to the bottom of the downward channel.
If an upward movement starts from this trend, the first goal is the resistance of the "Cup" 0.000038 (this is + 32%).
When this resistance is punched, and the price fixes above it, then we confirm the "Cup with handle" figure - the potential of movement is + 58% of the resistance of the cup.
You also need to understand that if all this is confirmed, then quite possibly the price can reach the upper border of the channel, and this is + 150% of today's prices.
All the pivot points on which further movement will depend and the robot algorithm I showed on the chart and described above.
We are going to scalp Ripple !Hello, Traders!
Monfex is at your service and today we overview XRP/USD .
By breakout the local resistance we set a goal of 100% Fibonacci.
Or we can open a long position if the price will reach the local support zone.
The local resistance zone ~ $0.30285
The local support zone ~ $0.3
Active Trade Signal by XRP/USD
Buy by breakout the $0.303 or $0.3
Take profit ~ $0.3136
Stop loss at $0.2989
Market Cap
$13 047 756 798 USD
Volume (24h)
$2 060 893 049 USD
Circulating Supply
43 248 091 671 XRP
Share your thoughts, ideas about the market under the chart.
Watch for our Updates to be the first who gets well-timed signals !
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
XRP is Holding Key Support 61.8% Fibo levelXRP/BTC looks like it's holding 61.8% key support level. Two times tested this level and jumped back again with a big candle wick. Looks like retracement is coming to the end and price will go higher from this point. Press like & Subscribe to my tradingview.
Ripple on the edge !Hello, Traders!
Monfex is at your service and today we overview XRP/USD logarithmic chart.
The price is near the resistance zone , under the middle line of the descending channel and MA100.
If bears will take the price under a key support level and fix it near the local support lines, then we should expect a further decline movement.
But if bulls will hold their positions at the key support level, then we have more confidence in growth.
The resistance zone ~ $0.375
The key resistance level~ $0.327
The key support level ~ $0.285
Market Cap
$12 727 175 303 USD
Volume (24h)
$2 164 082 416 USD
Circulating Supply
43 248 091 671 XRP
Share your thoughts, ideas about the market under the chart.
Watch for our Updates to be the first who gets well-timed signals !
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
XRP is going to the support zoneHello, Traders!
Monfex is at your service and today we overview XRP/BTC .
Often Ripple is a leader in the number of transactions.
At this chart we see a large rising wedge and a double top inside that have already worked, a breakout has occurred and now the price is consolidating between key levels and MA100 MA200.
Stoch RSI is overbought and will soon begin to decline, simple RSI has great bullish divergence, but even if the price will reach the support zone, bullish divergence will remain anyway.
It would be a good idea to sell XRP/BTC near a key resistance level with a small stop loss and consider buy point near the support zone. But if it will break the key resistance level - than we can take the target of previous highs.
The resistance zones ~ 0.00003500 , 0.00003775
The key resistance level ~ 0.00003300
The support zone ~ 0.00002800
The key support level ~ 0.00003080
Supposed Trade Signal by XRP/BTC
Sell near 0.00003290
Take profit ~ 0.00002830
Stop loss at 0.00003353
Market Cap
$12 672 822 986 USD
Volume (24h)
$1 662 557 682 USD
Circulating Supply
43 248 091 671 XRP
Share your thoughts, ideas about the market under the chart.
Watch for our Updates to be the first who gets well-timed signals !
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
You need to see this before trade XRP !Hello, Traders!
Monfex is at your service and today we overview XRP/USD.
There is a big bearish divergence by the RSI, which recently pushed the price to $0.25-0.26 . The price recovered afterwards and even updated the top. This divergence continues, which again can lead the price to the support zone, between the two support lines.
But locally, we also see a bullish divergence, which can lead to a breakout the triangle and reach the local zone of resistance, between two lines of resistance.
The resistance zone ~ $0.327
The local resistance zone ~ $0.305-0.31
The support zone ~ $0.275
The local support zone ~ $0.288
By breakout the main resistance zone we can set the target of $0.375 .
By breakout the support zone we can wait for further decline to $0.24 .
Market Cap
$12 628 241 217 USD
Volume (24h)
$1 403 682 031 USD
Circulating Supply
43 248 091 671 XRP
Share your thoughts, ideas about the market under the chart.
Watch for our Updates to be the first who gets well-timed signals !
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
XRP/BTC - Short Term Key Price Level To WatchIn my previous analysis, I mentioned if XRP fall below the 3500 sats it can drop down to the 3000 price level. At this moment there is a still probability to drop even further up to the 2750 sats. This would be happening if XRP falls below 3070 - 3000 sats.
In this analysis, I will give you an idea of which price level you have to watch.
Ripple is at this moment at some sort of triangle on 15 minutes chart. Breaking up or down will lead us into the next resistance/support lines.
If XRP breaks above 3280 sats this could take us up to the next resistance line at 3465 sats. In this case, we will probably see the completion of the diamond pattern which is currently forming at XRP/USD chart which can push price higher up to the 43 cents.
On the other side, if XRP falls below 3190 sats this will push the price lower down to the 3070-3000 sats. This price level is at the moment's main support area which XRP needs to hold. If not, fall down the 2750 price level is most likely.
Trade safely and use a stop loss.
Ripple: recorded 20%+ profitHello, dear Traders!
Monfex is at your service and today we overview XRP/USD .
XRP is in a bullish mood. The price is near the resistance zone, under the line and MA 200. The key support level together with MA100 should be considered as a buy point, and the key level of resistance should be taken as a mid-term goal of bulls.
But if bears will take the price under a key support level and fix it near the support line, then we should expect a further decline movement.
See in comments our previous chart analysis where we took 20%+ profit !
The resistance zone ~ $0.375
The local resistance zone ~ $0.31-0.32
The key support zone ~ $0.283
Supposed Trade Signal by XRP/USD
Buy near $0.28
Take profit ~ $0.37
Stop loss at $0.262
Market Cap
$12 887 009 591 USD
Volume (24h)
$1 882 789 164 USD/b]
Circulating Supply
43 248 091 671 XRP
Share your thoughts, ideas about the market under the chart.
Watch for our Updates to be the first who gets well-timed signals !
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
XRP/BTC is already in bullish unseen rallyYes! Every time I use my "Sniper" Indicator on weekly it never lied before about bullish and bearish trends. Now I see that strong buy signal was on weekly close few weeks ago. XRP/BTC shows evidence that XRP is bottoming
against Bitcoin. I would buy here for long trade. I never use stop loss for this one. All in trade for possible +700% profits. Press like & subscribe!
Ripple vs BitcoinHello, Traders!
Monfex is at your service and today we overview XRP/BTC .
Perhaps we have just met a double bottom and this is the reversal point of the uptrend. In this case, we can take the target near 0.00003000.
It supports with a bearish div on RSI .
The main thing is not to catch a false breakout, so it's worth to wait for a breakout with confirmation(test).
Supposed Trade Signal by XRP/BTC
Sell near 0.00003500
Take profit ~ 0.00003050
Stop loss at 0.00003630
Market Cap
$12 567 162 182 USD
Volume (24h)
$1 742 965 129 USD
Circulating Supply
43 242 653 330 XRP
Share your thoughts, ideas about the market under the chart.
Watch for our Updates to be the first who gets well-timed signals !
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
XRP/BTC - Up And Down - From One Target To AnotherRipple hits both targets from our previous post. Now what?
Again is approaching the upper trend line of current pattern rising wedge and it would be crucial to break it through. The price which needs to exceed is at 3740 sats. If don't the pullback is expected.
So, take close attention to this price level. In the case of a breakthrough, the next target is at 3900 sats where is the 200 daily moving average.
Trade safe and don't forget to put a stop loss :-)
P.S. General picture remains bullish.
XRP/BTC - Bullish, Less Bullish and Bearish ScenariosSince Ripple breaks the upper trend line of the current pattern rising wedge, the correction began.
The main question is how deep XRP can go?
Here are 3 possible scenarios:
BULLISH: If XRP now rises above 3580 and stays above this price level there will be opportunities to re-test the upper trend line of the rising wedge.
LESS BULISSH: Fall to the lower trend line of the rising wedge and bounce from there.
BEARISH: Breakthrough the lower trend line of the rising wedge. In this case, it can drop up to the 2940 sats. (optional 3261 sats)