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Ripple Prepares for Massive ShreddingI usually pay no mind to XRP but since BTC was so terribly slow today, I found myself with a little free time, so here we are. This is a long term outlook based solely on Elliott Wave theory. After Ripple’s March 2020 swing low near $0.10, the market delivered a Leading Diagonal formation which produced a super deep Wave 2 correction. Leading Diagonals (not including internal Zig Zag diagonals) give us the signal of directional change. With Leading Diagonals we can also expect a strong, possibly extended Wave 3. Considering the relationship between Waves 2 and 4, with W2 being supremely deep, we can expect W4 to be much more shallow (and less frightening. Granted, this is a long term outlook - all rules remain the same. Maybe it’ll be late 2021, maybe it’ll be early 2022 but Ripple looks to plant an All Time High near $10, in due time. Currently under $0.40, this may sound like an absurd prediction. Elliott Fiinacci don’t lie though 😊. Before Ripple takes off for the sky, the ABC correction for Wave 2 of 3rd must be completed. It also looks to be a very deep correction (expecting sub $0.30). See my prediction for this correction below. Trade wisely. Play it safe or play it smart.
BITFINEX:XRPUSDLong
by DigitalSurfTrading
3
Ripple price poised for another retreat before resuming uptrend Ripple suffers under the worst pump-and-dump schemes, making recovery an uphill battle. XRP is likely to revisit lower support levels, perhaps to $0.3 before resuming the uptrend to $1. Ripple has recently undergone the worst pump-and-dump situation in its history. It is believed that a Telegram group with over 200,000 members was responsible for the pump. However, it appears that XRP whales were ready to cash out and exit the project that had probably locked their funds since the breakdown in December. At the time of writing, XRP is doddering at $0.38 after falling sharply from $0.75. The barrier at this level cut short the expected liftoff to $1. On the bright side, the 50 Simple Moving Average on the 4-hour chart came in handy and preventing the cross-border token from plunging further. Meanwhile, XRP bulls are working around the clock to break above the resistance at $0.4. However, another daily close under this level may see a selling pressure surge. Support at the 50 SMA ($0.34), might not be strong enough to hold the token in position. Thus paving the way for a further drop to the 200 SMA around $0.29. The Moving Average Convergence Divergence appears to have validated the bearish outlook. This indicator follows the trend of the asset and also measures its momentum. The MACD can be used to identity buy the dip and sell the dip positions. If the MACD line (blue) crosses under the signal line, it is best not to enter any new positions, perhaps sell. On the other hand, a cross above the signal line suggests that it is time to buy. In this case, the MACD divergence under the signal line is still wide. Thus calling for caution because XRP may retreat some more before a significant trend reversal comes into the picture. Ripple intraday levels Spot rate: $0.38 Relative change: 0.01 Percentage change: 3% Trend: Sideways Volatility: Low
BINANCE:XRPUSD
by CoinGape
1
XRP - Good news Bad news Good news is that 'at least', the 34cents support worked out again. Bad news is recent failure to rise over 65cents and off course, to make things even worse, it dropped like a knife from there to 34cents. Ripple is super volatile and the key is patience and trading strategy. personally I like Ripple for it's volatility but the range 34cents to 60cents is a big one and one needs to be mentally prepared to deal with such a trading environment. At this stage i bought at 34 and already taking some profit but I want to see 60 cents again soon and that's when it will be time to attempt a short. This will continue for as long as the SEC situation exists. It will take time for things to be clear again. remember my very first post on Ripple XRP: It was not and never will be Bitcoin. Click on play and it will make prefect sense.
BITSTAMP:XRPUSDLong
by FX_Professor
2
XRP - Next target 83 cents Our updated XRP video with key support and resistance levels. Price has breached the 63 cents resistance level , came back and tested it as support. It looks ready for a GRAND CHECK of 0,83. Remember, in November the price stopped at exactly that level (ascending trend line, was 76 cents then, it is 83 cents today) Can this level be broken now? Well I don't know guys, I am experienced in financial prognosis, not a psychic. It will be 50-50- toss a coin this time. Yes, I know I told you to buy again at 35cents and i also made a huge return in 10 hours by taking a take profit perfectly in the last similar occasion but this time at 83 cents we will all need to wait and see how the price will perform. A video will follow in a few minutes.
BITSTAMP:XRPUSDLong
by FX_Professor
8
Ripple Price On Fire As It Explodes Toward $1 Ripple comes out of consolidation with a boom, spiking above $0.5. XRP bulls eye $1 if the resistance at $0.6 is broken. Ripple has had the biggest bull run following the crash in December 2020. Consolidation groped the token leaving it motionless in the range between $0.25 and $0.3. However, in the last couple of weeks, XRP signaled a possible technical breakout. The comprehensive analysis on Friday predicted that XRP is poised for a massive upswing to $0.4. In the meantime, Ripple is trading at $0.54 after overshooting the conservative prediction. The Breakout occurred after a symmetrical triangle pattern. The least resistance path is upwards as observed on the 4-hour chart. The price has recovered the ground above all the applied moving averages; the 50 Simple Moving Average, the 100 SMA, and 200 SMA. The double golden cross pattern on the chart reinforces the growing influence the bulls have over the price. It is crucial that buyers establish higher support, preferably above $0.5. This will ensure that the downside is protected and allow them to focus on higher levels toward $1. Some delay is anticipated around $0.6 but if the bullish outlook remains intact, gains to $1 will easily achievable. Notably, the Moving Average Convergence Divergence (MACD), which tracks the momentum of an asset as well as its direction adds credibility to the bullish narrative. The MACD line has increased the divergence above the signal line, implying that bulls are completely in control. However, if a correction occurs XRP will seek refuge at $0.5, $0.4, and the former resistance zone at $0.3. Ripple intraday levels Spot rate: $0.54 Relative change: 0.05 Percentage change: 10% Trend: Bullish Volatility: High
BINANCE:XRPUSDLong
by CoinGape
2
Ripple (XRP) May Give The Biggest Surprise To The MarketHey friends, hope you are well, and welcome to the new update XRP coin. Rejected by resistance: The priceline of XRP has been rejected by the $0.66 resistance and dropped at the $0.22 support level. These are the long-term support and resistance levels and can be seen on the weekly time period chart. It seems to be that the priceline has found a $0.22 level as very strong support as the price action did not break down these support levels even after the bad news and drastic drop. A big BAT and SMAs: On the weekly time period chart, the price action of the XRP coin has also completed the final leg of the bullish BAT pattern and entered in the potential reversal zone. There are also 50 and 100 simple moving averages as supports in this PRZ level. Conclusion: As the priceline of XRP coin has found powerful support at $0.22 and did not break down this support since Dec 2020, Therefore considering the $0.22 support as stop-loss if someone buys the XRP here then it can have a big potential in the coming days as it has also formed a big bullish reversal harmonic move. For exact buy and sell targets for this trade, and other harmonic trading signals you can join: www.patreon.com
BITSTAMP:XRPUSDLong
by moon333
1
XRP completed a big BAT | Upto 178% rally expectedHi dear friends, hope you are well, and welcome to the new update on XRP coin. On the weekly chart, after the drastic drop, the price action of the XRP has completed the final leg of bullish BAT and entered in the potential reversal zone. There are also 50 and 100 simple moving averages as supports in the buying zone. Possible profit and loss ratio: This trade has a profit possibility of 178% and the loss possibility is only 21% Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
BITSTAMP:XRPUSDLong
by moon333
Ripple price prepares for a 62% move Ripple is set to fight another class-action lawsuit filed by a Florida resident for losing nearly half of investment in XRP. XRP is on verge of a breakout to $0.45 if the impact of a symmetrical triangle comes to fruition. A resident of Florida has opened a class action case against Ripple Labs Inc. for losing an investment made in XRP. The individual who filed the case had made a relatively small investment in the digital asset, of around $100 in 2020. However, the value of his XRP plummeted by almost 50% a few weeks later. Tyler Toomey bought precisely 135 XRP in November 2020 amid the cryptocurrency rally that started around October. However, his investment took a turn to the south, where he lost roughly $48.50 of the original investment. He argues that he made the case on behalf of other investors, residents of Florida who put money in XRP. He alleges that Ripple and its executives profited from the sale of unregistered securities but many investors like him were left languishing in losses. In December the Securities and Exchange Commission (SEC) filed a case against Ripple Labs Inc. and its top executives for selling unregistered securities to investors in the United States. The lawsuit saw XRP tumble to a low of $0.17 from highs of $0.6. Ripple poised for a 62% move XRP has been stuck in consolidation following the recovery from the dip in December. Its upside has been capped under $0.3. On the downside, Ripple continues to struggle to sustain the price above $0.25. However, the daily chart brings to light the formation of a symmetrical triangle. This pattern is known to either lead to a breakout or a breakdown. Breakouts occur when the price trades above the upper trendline. On the flip side, a breakdown comes into the picture when the price loses support at the lower trendline. Symmetrical triangles have exact targets during the breakouts or breakdown, measured from the highest to the lowest point of the patterns. For instance, XRP may rally 62% to $0.45 if XRP validates the upward momentum on trading above the 200 SMA. On the other hand, a 62% downswing to $0.087 will come into the picture in the case of a breakdown. Ripple intraday levels Spot rate: $0.252 Relative change: 0.0003 Percentage change: 0.13% Trend: Bullish Volatility: Low
BINANCE:XRPUSDLong
by CoinGape
3
Ripple Price Nurtures A Potential 63% Breakout To $0.5 Ripple stuck in consolidation while waiting for a breakout to $0.5. The immediate upside is limited by the 200 SMA and the stubborn hurdle at $0.3. XRP’s expected uptrend may fail to occur if the price drops under the symmetrical triangle. Ripple has for a long time been in consolidation following the massive breakdown in December. The extensive freefall came after the United States Securities and Exchange Commission filed a case against Ripple Labs Inc., for selling unregistered security tokens. Ripple eyes a breakout to $0.5 At the time of writing, XRP is doddering at $0.279 in the wake of a minor recovery from last week’s slump to $0.25. Slightly above the current price levels the 200 Simple Moving Average on the 4-hour chart caps movement. For now, the odds impulse is in favor of the bulls as reinforced by the Relative Strength Index. A break above the midline will encourage more buyers to join the market. If enough volume is created behind Ripple, we are likely to see a breakout above the symmetrical triangle. Note that the symmetrical triangle is created by two trendlines connecting a series of lower highs and higher lows. The trendlines converge at a relatively equal point called an apex. Simultaneously, a breakout above the upper trendline line results in a significant upswing while trading below the triangle culminates in extensive losses. Breakouts or breakdowns from symmetrical triangles have an exact target, measured from the highest to the lowest of the pattern. Thus, XRP could soar to $0.5 if the price spikes above the triangle. However, the 50 SMA and the 100 SMA may absorb the buying pressure. XRP also needs to overcome the resistance at $0.3 to sustain the uptrend. On the flip side, losses under the triangle would result in losses as low as $0.087. Other areas of support to keep in mind include $0.25, $0.20, and $0.17.
BINANCE:XRPUSDLong
by CoinGape
2
Ripple price prepares for a 47% explosion Ripple reclaims two key support levels at $0.25 and $0.27. XRP/USD is awaiting a massive liftoff on breaking above symmetrical triangle resistance. Ripple fell victim to the selling pressure in the cryptocurrency market on Thursday. Like Bitcoin and Ethereum, XRP lost a significant amount of the gains accrued over the last couple of weeks. Moreover, vital support levels like the 200 Simple Moving Average and $0.25 were lost during the freefall. However, Ripple has begun looking bullish again after reclaiming ground above $0.27. On the upside, bulls focus on regaining the lost position above the 200 SMA, but the most significant milestone will be to step and settle above $0.3. The bullish outlook will be validated if XRP fights for a breakout above the symmetrical triangle pattern on the 4-hour chart. This pattern is created by drawing two converging trendlines to connect a series of sequential peaks and troughs. Usually, the trendlines meet at a relatively equal point referred to as an apex. Breakout or a breakdown is expected from this pattern. Breakouts occur when the price lifts above the upper trendline, while a breakdown happens on sliding under the lower trendline. The price target for either a breakout or a breakdown is measured from the highest to the triangle's lowest point. Therefore, if XRP spikes the triangle on the daily chart, we will likely witness a 47% upswing to $0.445. It is worth mentioning that the breakout might fail to occur if the hurdle at the 200 SMA remains unshaken. The triangle could as well result in an opposite and equal move to $0.14. For now, consolidation and holding above support at $0.27 is key to the uptrend.
BINANCE:XRPUSDLong
by CoinGape
1
Ripple price long-term picture screams buy despite SEC woes Ripple gets ready for a huge liftoff despite the uncertainty posed by the SEC lawsuit. XRP is about to break a symmetrical triangle resistance, likely to give way for gains toward $0.48. Ripple is still trading under $0.3 despite the massive bullish signals as covered on Monday. Whales are currently streaming into the project mainly due to the prevailing low price and the improving technical picture. The cross-border transfer token was dealt a massive blow after the United States Securities and Exchange Commission (SEC) filed a lawsuit against the issuing company, Ripple Labs Inc., and its top executives. The lawsuit aims to find Ripple guilty of breaching the Securities Act by selling unregistered tokens. XRP tumbled massively following the lawsuit and has spent the last four weeks fighting for recovery. At the time of writing, XRP is trading at $0.29 while battling the uphill battle at $0.3. The 4-hour XRP/USD chart shows that the price has stepped above the 100 Simple Moving Average and the 50 SMA, which is a huge move for the token. Moreover, a symmetrical triangle pattern has come into the picture, suggesting that the expected breakout above $0.3 will be so massive that XRP may rally to $0.48. Symmetrical triangle breakouts have precise targets measured from the highest to the lowest price points within the pattern. The distance found is then added to the breakout point. Meanwhile, the Moving Average Convergence Divergence or MACD adds credibility to the improving uptrend. The indicator follows the trend of an asset and is used to show the strength of the momentum. As the MACD crosses into the positive territory, Ripple gets ready for the massive liftoff. Note that a breakdown from the triangle pattern would be of the same magnitude as the breakout to $0.48. Therefore, some of the critical support levels at 100 SMA, $0.28, and $0.27 must hold to avoid potentially massive declines. Ripple intraday levels Spot rate: $0.29 Percentage change: 2.5% Relative change: 0.08 Trend: Bullish Volatility: Growing
COINBASE:XRPUSDLong
by CoinGape
2
XRP and SEC ⚖️ - Could be a good thing 👋😺You guys asked for a video , so here it is: SEC's new president, who he is, what he likes (he definitely likes Bitcoin) and what could happen. In this video I share some info from my research on SEC's new president Mr Gary Gensler - link for those who have time to burn on Mr Burns XRP is a security Airdrops don't get you off the hook , maybe he is the guy who get's RIPPLE off the hook..who knows? ps. I am buying some Ripple again. Last time it went well. ps2. Gary Gensler can not invite Satoshi to 'regulate his ass' but he can call Ripple (and others) which again, could be a Great thing.. or could it be the contrary? Money talks guys, it's a good thing. Interests tend to meet each other's requirements.
BITSTAMP:XRPUSDLong
by FX_Professor
5
XRP- The best scenario looking forwardNow that the 'Ripple frenzy' is more quiet, it is time to have this chat. What is the very BEST scenario for Ripple (and it's XRP coin) I know a lot of you went into Ripple just a few months ago, following the news, propaganda, YouTube videos , newsletters, or just friends' advice to get into the 'next bitcoin', the 'best crypto' etc etc A lot of you might went in for a short term investment, or trade. Then everything happened, airdrop, SEC, Ripple dropped at the 0,76 roof as i had predicted (I am not a psychic, it was just technical analysis) Well guys, you did not make a bad call. What might appear as a 'bad call' can always turn out being the right one. If of course you manage to have the patience (and margin) to wait. BEST SCENARIO FOR RIPPLE (XRP): Since it is different from Bitcoin and almost all the rest, the best way forward is to go PUBLIC and fly. Imagine Ripple traded on SP500 or Nasdaq in a few years. Possible? Well, everything is possible. First the SEC situation must be resolved, it appears to be the big problem now and it is but at the same time it could be a key good factor for the future. Ripple boss Brad Garlinghouse did announce plans to take the company public, at Davos in mid 2020. So the idea is there. ps. We can NOT cross out Ripple completely. After all is very different from Bitcoin and that at some point might be a major advantage. Ripple is a 'brand' and potentially it could a be a brand destined for much higher flights.
BITSTAMP:XRPUSD
by FX_Professor
19
XRP price prepares for a massive liftoff Ripple is planning to roll out XRP Ledger to central banks in support of CBDCs. XRP seems ready to break out beyond $0.4 following the formation of a falling wedge pattern. XRP price has been generally been stable over the last few days despite the drop to $0.25 which occurred mainly due to Bitcoin’s fall to $30,000. Meanwhile, recovery has been gradual with the crucial barrier at $0.3 limiting price movements. At the time of writing, XRP is trading at $0.288 while fighting to hold the immediate support at the 50 Simple Moving Average on the 4-hour chart. Price action above this moving average is likely to culminate in two massive movements: regaining the ground above $0.3 and breaking past the falling wedge pattern. The bullish outlook forms when an asset's price descends with a series of lower highs and lows while converging at a single point referred to as the apex. A breakout usually occurs before the trendlines converge. The typical breakout is mostly confirmed by increasing volume (highlighting a divergence between volume and price). Breakouts from this pattern are generally fast and drastic. The 4-hour chart shows that the 200 SMA may delay recovery following the expected recovery by absorbing some of the buying pressure. However, XRP could regain the boost on stepping above last week’s resistance at $0.4. In other news, Ripple is reportedly planning a rollout to central banks despite the ongoing lawsuit with the United States Securities and Exchange Commission. The blockchain startup is hiring three central bank technical partner managers for its New York, London, and San Francisco offices. The managers will help in the design and deployment of central bank digital currency (CBDC undertakings. Ripple believes that the XRPL has been developed to “support the issuance of stablecoins with a unique, fungible token functionality called Issued Currencies.” This move also shows that Ripple is confident in its technology and is unlikely to be derailed by the ongoing lawsuit. XRP intraday levels Spot rate: $0.29 Relative change: -001 Percentage change: -0.5% Trend: Sideways Volatility: Low
BINANCE:XRPUSDLong
by CoinGape
4