XRPUSDT (Ripple) 2$ soon!XRPUSDT (4H CHART) Technical Analysis Update
Trend line breakout
XRP/USDT currently trading at $1.19
Buy-level: $1.15 - $1.20
Stop loss: Below $0.90
Target 1: $1.35
Target 2: $1.50
Target 3: $1.75
Target 4: $2.00
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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Rippleusd
XRP - Most Beautiful Chart Ever Hi, this is my new update for the longterm position in XRP. In the last 6 days XRP has fallen over 45% from $1.96 all the way to the support level $0.92. I think we have reached the bottom, because we have backtested both the trendline and the mega support level around $0.92. If we look at the structure from 2017, we have a similar pullback and if we repeat the same structure then we are going much higher to $8-10. The first major resistance is around $1.20 and the next one is between $1.47-1.50. So be patient and don't PANIC ;) Look at the bigger picture in here.
XRPUSD: In Depth Trend Analysis-Still BullishHello All,
I have spotted a very important trend line that the price of XRP has bounced off. This trend has been well respected this entire bull market.
Anytime its above it has been bullish. Anytime below has been consolidation/bearish.
IF XRP can hold above the white trend line, It is still considered bullish. Important mark to break above & hold is $1.15. Major Support $0.90.
Thank you !
Please Comment and Like
XRP Look's Bullish To MeXRP is looking bullish to me pack your bag's we are at take off.
what I expect is one of 2 things to happen
1. (Orange) ABC Pattern
to 1.349 then back to support at 1.0147 then up to monthly Fib 0.618 at 2.0936 price.
or
2. (White) 12345 Pattern
Up to Monthly fib at 2.0936 back to fib. at 1.34989 and straight to my target 1 at 2.9836 +
I'm not trading adviser nor financial adviser,please do your own reserch before trading,
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
XRPUSD (Ripple) - 2021 Bull-Run, All time Highs within 1 Month?!I just want to highlight my view on XRPUSD (Ripple)! (Not a setup)
We had a lot of fundamental price manipulation over the past two months including the
current S.E.C Lawsuit and other news.
Many private investors got shaken out and panic-sold their XRP Holdings.
I am a Technical Trader but Fundamentals align perfectly right now and
everything looks like we at least repeat 2017 bull run...
We had a closure above 61.8 Fib for the first time repeating
the same pattern with an insane price action.
let us know what you think in the comment section..
Alan
XRPUSD - Looking for more Fall - 23/Apr/2021Hello Traders,
Hope you all are doing good!!
Currently Ripple is correcting for another Fall.
I expect it to go till 1H OB & in case of extended correction, may be till 4H OB.
For now i am looking for that 1H OB for Buying XRP at discounted price to ride it till 2-3USD levels.
Check link(s) for earlier analysis.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Is ripple's bull run over? I wouldn't personally short/sell this crypto till its broken below the red line ive drawn, but nevertheless, its retraced a lot of it's 2020 gains and looks ripe for a reversal. OBV, a favourite for me has also reduced considerably as its price ranges in the pennant's insides -- Another bearish sign. Im still neutral but lets see what happens
Hit the like button and follow for more, itd mean a lot! :)
Ask me anything and tell me what you think. Ill def respond
___________
If youre new to TA and don't know what a pennant is, its a well known bearish sign and Ive explained it in a previous post, thanks for reading?
XRPUSDT - Can we break this resistance? or back to lower prices?We're testing a resistance right now,
There are 3 support areas which can hold the price in case we have a correction, but if we break this resistance area the price can go so much higher. I'll update this idea once we touch the first TP.
for opening long positions: wait for a confirmation and closure of a 4H candle above the resistance area.
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck 🎲
Tell me your ideas. Like and Share 🗣✅
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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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 commences bullish comeback toward $2
Ripple resumes uptrend as bulls shift their focus from defense to hitting highs above $2.
The MACD and other short-term technical levels hint at the uptrend catching momentum.
XRP must hold the price above $1.4 to sustain the price action heading to $2.
Ripple trades at $1.41 following a 10% gain in 24 hours. The cross-border token has consistently rebounded from the support at $1.12. Earlier this week, XRP was rejected marginally above $1.5. Therefore, this is a second attempt to break the barriers toward $2.
Ripple’s technical breakout builds momentum
The four-hour chart has brought into light a descending parallel channel. The pattern has controlled the downward price action since the rejection ranges close to $2. The channel’s lower boundary support played a crucial role in stopping losses from extending under $1.
Moreover, Ripple held onto the middle boundary, as discussed on Tuesday. The support allowed buyers to concentrate on lifting above the upper boundary resistance. In the meantime, Ripple has crossed above the channel’s hurdle as well as the 100 Simple Moving Average (SMA).
On the upside, Ripple bulls have a task to sustain the uptrend above $1.4 and to close the day above the 50 SMA resistance. Here, more buyers would be called into the market as speculation builds for an upswing beyond $2.
Other technical indicators such as the Moving Average Convergence Divergence (MACD) reinforce the bullish comeback by recovering the ground toward the mean line (0.00). Crossing into the positive region will be a powerful bullish signal. The MACD line has already crossed above the signal line, adding credence to the narrative.
Ripple intraday levels
Spot rate: $1.41
Trend: Bullish
Volatility: Low
Support: $1.4 and $1.12
Resistance: $1.5 and $1.6
XRP - Double Bottom Done Hi, this is my new update for XRP. After 41% correction from $1.96 to $1.13, we got today morning a little confirmation that we have reached the bottom, with a double bottom. The support level $1.18 held very well and if we close today’s candle above $1.33, then we have broke the first resistance. The next resistance $1.47, but the first thing we have to do is to break that curveline. So be prepared and don’t panic, XRP is still BULLISH ;)
XRP sell the downtrend.XRPUSDT - Intraday - We look to Sell at 1.478 (stop at 1.551)
Trend line resistance is located at 1.500.
Pivot resistance is at 1.496.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
We look for a temporary move higher.
The previous swing high is located at 1.535.
Trading close to the psychological 1.50 level.
Our profit targets will be 1.262 and 1.212
Resistance: 1.350 / 1.400 / 1.500
Support: 1.300 / 1.250 / 1.200
Ripple price falls fast toward $1 as cryptocurrencies bleed
Ripple has continued to lose ground from April highs around $1.95 toward $1.
Breaking under the descending channel’s middle boundary’s support could trigger massive losses toward $0.9.
Ripple was one of the best-performing cryptocurrencies in the first two weeks of April. The cross-border token made giant slides not seen since the breakdown in December when the United States Securities and Exchange Commission (SEC) filed a lawsuit against Ripple Labs and its top executives for selling unregistered tokens to raise funds.
Ripple revisits key support areas
Ripple suffered a rejection near $2 last week. However, support at $1.6 ensured that the bearish advances were checked while market stability protected. However, volatility swept across the market on Sunday, leaving most investors wrecked.
Bitcoin dropped close to $50,000 from highs above $60,000 while Ethereum extended the bearish leg to $2,000. The international remittance token hit lows around $1.12 before a reflex recovery pulled XRP slightly above $1.5.
Nonetheless, the entire cryptocurrency market has continued to suffer under the aggressive bears’ hands. Ripple is back to seeking support at $1.2 while holding firmly to the descending channel’s middle boundary support. The 100 Simple Moving Average (SMA) is also in line to prove the much-needed refuge, in turn, averting potential losses toward $1.
The Moving Average Convergence Divergence (MACD) indicator affirms that the slightest resistance path is downward. This indicator tracks the asset’s trend and measures its momentum. The MACD line (blue) is stuck under the signal line, adding credence to the bearish outlook.
Ripple intraday levels
Spot rate: $1.28
Trend: Bearish
Volatility: Low
Support: 1.2 and the 100 SMA
Resistance: $1.4 and the 50 SMA
XRP - LONG TERMHey everyone.
Quick update to my previous posts, Slightly changing wave count.
And yes B&W and clean chart.
I do really think XRP could be close to the end of the correction.(if it drops down to 0.80 I wouldnt be surprised)
Please dont trade per my analysis as its long term. Use your own brain, its for educational purposes.
if you see charts differently dont hesitate to share your thoughts. As its only way to go forward when you share the wives.
All the best of luck!
XRP ready to move up?!4HR TF/ XRP has been showing a lot of strength and is now back on track with the market bull cycle even while being under lawsuit and suppression from the SEC! We are currently in a nice FIB ascending channel, we are holding and bouncing strong off of the 0 FIB level looking to come up and test the 0.2. I think once the markets start to move again XRP will cut through these levels like a hot knife through butter! Looking at the 100 day SMA (BLUE) we have almost perfectly bounced off and moved up! Also we saw some downside pressure with the 10 day SMA (GREEN) pushing down ontop of the candles, we are seeing it now start to level out and we are perfectly inline with it, once we see a break of this SMA we should see some very nice movement riding the SMA to the upside. It would be ideal in the future to break the 50 day SMA (TEAL) and then we could really start flying but thats for a TA later on! We're seeing the Stoch RSI reverse right now bullish and this could push us up to that 0.2 FIB to test. Not financial advice just my opinion! rarible.com Feel Free to check out my 1of1 Doge Gif NFT, more to come in the future!