What a dumpster fire and a cluster fuck this is XRP (Ripple)Its been looking like shit and it keeps looking like shit. I am in at $.56 but so many fucking ceilings to punch through. More like a 1:5 chance it goes up but most likely will end up taking a blood bath. If it walks like shit, if it looks like shit, if it smells like shit - must be a unicorn in a candy wrapper.
Ripplebreakout
XRP Next Legeverything mostly in Graph. as you can see with VP, we are in a good demand Zone. we bounced 1 time on EMA50, 1 more time on EMA100.
i used H4 TF for more visibility.
3 options :
1. We break this descending Triangle now, we could have a resistance around 0.7$, we could push 0.85ish and max 1$
2. We don't break the triangle now, we could retrace to 0.55$ (EMA100) and bounce again for a break to go to option 1 (but lower high).
3. We don't break the triangle now, we retrace to EMA100 0.55% and dip to to EMA200 0.45$.
imo the situation is bullish for now so i mostly like Option 1 and 2. Watch the King first and alts will do their way.
No matter where u take your positions but avoid to trade near triangle borders.. patience is a vertue.
Happy Tr4Ding !
Ripple awaits the ultimate breakout to $1
Ripple is looking forward to a breakout to $1 as long as the price closes the day above the 50 SMA.
The breakout to $1 is likely to encounter delays around $0.7 to $0.75 (supply range).
Ripple is still trading above $0.6 after a motionless weekend session. The cross-border cryptocurrency appears to have settled for consolidation just like Bitcoin as discussed earlier in the day. Meanwhile, a breakout is expected to come into the picture as consolidation is likely to hit a tipping point in the near term.
At the time of writing, XRP is doddering at $0.61 while battling an uphill task at the 50 Simple Moving Average on the 4-hour chart. Ripple will have to settle above the moving average level to first sustain the uptrend before confirming a breakout towards the next hurdle at $0.65. The rest of the journey to $1 will depend on the bulls’ ability to overcome the supply at $0.7 to $0.75.
The Relative Strength Index in the same 4-hour timeframe shows that sellers have the upper hand at the moment. If the negative gradient continues under the midline, a considerable breakdown would come into the picture.
On the downside, it is essential that XRP/USD holds above the middle boundary of the Bollinger Bands, to avert losses that might refresh 100 SMA support at $0.57. It is worth noting that a breakdown can occur following the Bollinger bands constriction, risking the progress made since the fall to $0.45. The 200 SMA is in line to absorb some of the selling pressure, and perhaps prevent Ripple from plunging sharply.
Ripple intraday levels
Spot rate: $0.61
Relative change: -0.008
Percentage change: -1.1%
Trend: short-term bearish
Volatility: Extremely low
XRP - Big Chart for EOY prognosisOur prognosis for Ripple remains positive :
We estimate that the price has 65% chance (2/3) to reach the resistance at 0.77 before it tests the support of 0.545 for the third time.
1. Support 4 at 0.25 has been untested, since the price flew on Nov 20- Nov 23rd.
2. Supports 2 and 3 have both been tested and checked.
Rejection at the 0.77 level on Nov 24th was strong, but given the price had risen for over 100% in 40 days (0.30 to 0.70 from Nov 20 to Nov 24) it makes sens .
IN THE SAME MANNER THE RISE FROM 0.78 TO NEXT LEVEL OF 1. 40 CAN BE AGAIN EXPLOSIVE!! But first the 0.78 level must be breached.
RIPPLE - Intraday Update - 12/06/20 (Short-term)RIPPLE - Intraday Update - 12/06/20 (Short-term)
Bottom Line: Subdividing higher within wave iii of (iii)
Breaking above $0.7941 is the next upside objective for the bulls.
Outlook: A fifth wave rally is in its early stages.
Note: Prices can vary between exchanges, and consequently there may be differences in our chart prices due to different data sets.
XRP - Support levels analytics (super zoomed in)Hope it helps and good luck to all.
You all know how difficult trading is, well i will tell you something:
This might as well be the most volatile bitch asset around right now- trade with care, trade ripple with small amounts and buy the dips with no fear because that's the only way to make huge returns
Because if you ARE trading Ripple that's exactly what you have in mind: EXTRA HIGH RISK (and reward)
Everything i post is my personal opinion and i do actually tarde it with my own money but what i say and what you decide to do does not matter because the only one responsible for your account is YOU
I am just trying to help and doing my best to post what i think is good, to get followers likes recognition and clients for my signals/courses etc
Good luck everyone
XRP - Support levels analytics (zoomed in)I usually share these kind of analysis with my clients only but here you go guys:
For sure many of you have been buying or trading Ripple and i try my best to help by sharing my ideas with you, a little bit more intensively on Ripple nowadays.
On this chart you will find 3 levels that they all have a big chance to make the price jump back up.
I told you, volatility was on on a simple chart
I even called when this volatility would start after a period that it was going sideways as i had prognosed
I also shared with you my prognosis for 0,77 0,97 and 1,5
I also posted on time when to buy the last dip and when to cash profit PERFECTLY
and i honestly hope i am right this time too.
XRP - Support levels analyticsI usually share these kind of analysis with my clients only but here you go guys:
For sure many of you have been buying or trading Ripple and i try my best to help by sharing my ideas with you, a little bit more intensively on Ripple nowadays.
On this chart you will find 3 levels that they all have a big chance to make the price jump back up.
I told you, volatility was on on a simple chart
I even called when this volatility would start after a period that it was going sideways as i had prognosed
I also shared with you my prognosis for 0,77 0,97 and 1,5
I also posted on time when to buy the last dip and when to cash profit PERFECTLY
and i honestly hope i am right this time too.
XRP - Out of Ripple for now (unlike BTCUSD - it looks better)Unlike BTCUSD, which i am keeping, I am out of my Ripple trades (keeping 1 buy position form 6 that i have in total) for now.
The asset appears to be moving sideways in a channel that could equal go to 55 or 50 before it hits 68 and 75.
I prefer to focus on BTCUSD at this stage.
XRP- Volatility inbound 35% ⏬-65%⏫⏫ (ask us for our strategy)It's kind of 'exciting' when one of our famous 'Triangles' is almost out of space.
Volatility is inbound and there are 3 factors dictating the next move:
- big traders (whales) with big orders
- Bitcoin (the price of Ripple is correlated with the performance of BTC)
- News (fundamentals are hard to predict but Ripple tends to get good news from bank and central-bank related comments on this asset)
Our updated chart comes with prognostics and key price levels.
We have a specific strategy to trade this asset and we teach it at WWW.FXPROFESSOR.COM
XRP - Get back on it carefully We bought the dip early, so if it drops we have a stop loss 'in the green'.. a profit is guaranteed
If you didn't buy yet:
The market dropped, maybe it's waiting for Buyers to go in, drop again and smash them, so BE CAREFUL!
Chances are it will rise but look at the chart and see our key price levels
$XRPUSD - Symmetrical triangle, wait for a breakoutHi guys! 👋🏻
🔔 Ripple announced that it’s now working with Central Banks and launched XRP Ledger promotions.
🔔 XRP/USD since November 18 has gained a hefty +96.27% and touched a high of September 21. 2018 at $0.7814140.
🔔 There is a symmetrical triangle on an hourly chart of XRP/USD and the pair has tested the upper edge of the triangle three times already. Breakout from the triangle will pump the price higher.
🔔 RSI on an hourly chart indicates that Ripple has completed the correction and is no longer on the oversold dead-zone of the indicator, MACD line has touched the signal line and is about to cross to confirm the bullish run, there is one more confirmation to be made which is a breakout from the triangle. If Ripple breaks below the triangle, support levels to watch are $0.604651 and $0.56190.
🔔 On November 23, Ripple announced that it officially added Bank of America as a RippleNET lead member. Bank of America is one of Ripple’s oldest clients contributing to the network since 2016, though only this year Ripple listed Bank of America among the other major banks, such as Santander, PNC and Nium. With all that said it's now clear that banks admit the use of blockchain and its power.
✊🏻 Good luck with your trades! ✊🏻
If you like the idea hit the 👍🏻 button, follow me for more ideas.
RIPPLE - $XRP - Wave 3 - To the moon is too close, go beyond!!! WAVE 3 in progress! The best time to buy is now!
I'm LONG / BULLISH position. I expect that $XRPUSD will rise up.
This would mean that RIPPLE will gain more value against USD .
What is the right way? Looking for relevant timeframes, with patience and planning, NO DESPERATION .
No one goes into the market thinking they should buy at the high and sell at the low. The problem is that at the moment when faced with the ups and downs of the market, it’s hard to resist the urge to do those things.
Trading is all about spotting emotional excesses either to the downside or the upside. You want to be on the right side of those emotional reactions and not the wrong.
If you want to win in this market, you need to be COLD and CALCULIST .
To the moon is too close, go beyond!!!
Well, keep you updated as this timely issue evolves.
Good luck!
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