XRP Falling WedgeXRP has formed a kind of 'hidden' falling wedge within its current structure. A classic example of a bullish divergence can also be observed supporting the falling wedges bullish nature.
Ripplebreakout
XRP Daily Bullish DivergenceXRP has produced a daily bullish divergence, it is hard to see the lower low on the RSI, but trust me ITS THERE! This is the classic example of a oscillator , price bullish divergence.
XRP to re-take $0.30 after succesfully defending the $0.28 zoneXRP was absolutely perfect in findings its support at $0.285 or Fibb 38.20 on February 17. It moved up to $0.30 on the next day, but bulls were rejected there, which lead to a drop below the 10-day EMA.
The XRP/USD pair is trading at $0.291 - $0.30 range on Wednesday.
What we are looking for here is a break of $0.30 and eventually, $0.31-$0.315, which was an important zone with local highs back in September and November 2019. A drop below $0.28 and the 20-day EMA will mean next step will be $0.265 and Fibb 50.
24-hour trading volumes remained in the $3.8 $4 billion zone since Monday morning with sporadic drops to $3.5 billion.
XRPUSD Is likely to breakout the key level resistanceTaking Bounce From The Support Of Wedge:
As we have seen earlier in previous post that on week chart the Ripple is moving in a falling wedge. The formation of this chart pattern was started in Aug 2018 and now after Aug 2018 the price action has hit the support of this wedge in Dec 2019 and with hitting at support of wedge the priceline had also hit the lower band of Bollinger bands and now it has taken a strong upwards bullish move and gained more than 61% value.
After placing volume profile indicator on the complete falling wedge pattern it is visible that trader’s interest was very low at the support of the wedge this was a very strong indication for this bullish move and we also had POC level of volume profile above the price action at $0.31 and this level is also a key level resistance for the Ripple as it is not broken out since Aug 2019.
Based on above signals I predicted in my previous article which I posted in Jan 2020 that the XRP will move up from this support of the wege to hit the key level resistance at $0.31.
Below is the chart from Jan 2020 when I posted my previous article:
Below is the current position of Ripple:
Simple Moving Averages | An Alligator’s Mouth Formation:
On daily chart the simple moving averages with time period of 25, 50, 100 and 200 are turning strong bullish by forming an alligator’s opened mouth the 25 SMA has crossed up all other SMAs an 50 SMA has also crossed up 100 SMA and now has come very close to 200 SMA to form a golden cross with it then only 100 SMA will be left to form a bull cross with 200 SMA once the this bull cross between 100 SMA and 200 SMA will be formed then we will have a complete alligator’s opened mouth formation by these moving averages like they formed in Jun 2019 and the price action gave more than 80% profit.
This time again the price action is expected to start a powerful bullish rally after an alligator’s opened mouth formation.
The Key Level Resistance And Indicators:
Since XRP has crossed down the price level $0.31 in Aug 2019 it could not cross up this price level again even after several attempts.
So now $0.31 became a key level resistance for Ripple which is not letting the price action of XRP move up since Aug 2019.
But this time the priceline is likely to breakout this resistance.
If we examine since Jan 2020 the volume oscillator has triggered four times in favor of bulls with strong values of 27.62% , 23.90% , 28.34 and this time the oscillation is most powerful with the value of 30.56% if this time again the volume oscillator will be triggered then price action may breakout the resistance coz we are very close to resistance this time.
The moving average convergence divergence is strong bearish and stochastic is in bear cross once the MACD turns weak bearish or stochastic gives bull cross then from here the breakout from the resistance will be confirmed.
After Price Correction A New Bullish Harmonic Pattern Formed:
From 13 to 16 Feb 2020 we have witnessed higher spikes than the resistance but no candle stick closed above this level and now the price action has a pullback for price correction rally and during this price correction on short term 4 hour chart the Ripple has formed bullish Shark pattern with all required dimensions as below:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.618 Fibonacci and then B to C leg is projected between 1.13 to 1.618 of A to B leg's Fibonacci projection and final (C to D) leg is retraced between 0.886 to 1.13 Fibonacci.
And after completion of pattern the price line has a strong push from potential reversal zone and now it has entered in Fibonacci projection area of C to D leg between 0.382 to 0.786 Fibonacci.
But in my opinion this push will trigger more power full bullish divergence which will lead to breakout from the resistance.
XRP/RIPPLE - LIFE CHANGING PATTERN 3 ***MUST WATCH VIDEO***Hi I am MartyBoots and i've been trading the markets for 13+ years
XRP has formed a beautiful bottoming pattern , these opportunities dont happen often to get in on the lows of stocks or coins that have serious potential to move into a bull market . We need to grab these opportunities with both hands .
Do not miss this video because if this pattern plays out then this is the low on XRP before bull market moon time .
The price action and the moving averages are setting up beautifully. On top of that the indicators are also setting up .
DO NOT BE LEFT BEHIND WHEN THE XRP TRAIN LEAVES THE STATION
Of course none of this is investment advice , I am just telling you what I am doing .
XRPUSD 4H EntryStrong linear regression uptrend, ~0.78, a lot of bullish wicks are evident also. Safe profit taking area is small returns and should be used by those margin / leverage trading as it is an immediate resistance. The long term benefits of ripple outweigh that of the possible short term returns.
XRPUSD Bullish MomentumXRP has seen some recent gains, this could be extended further as momentum continues. Price is currently supported by ichimoku cloud, also supported by a strong Linear regression uptrend of 0.91. Included a possible fib extension if price breaks out.
Ripple XRP/USD stopped at $0.28. Is bullrun over ?The short answer to that question is - well, it depends what happens from now and the next few days are very important. It is crucial to see how XRP reacts now when it is under pressure and if $0.26 - $0.28 zone will serve as a support.
Last Thursday, February 6 the popular altcoin reached $0.282 after trading in the $0.267 - $0.287 range throughout most of the day. Then on Friday, it put an end to the green wave and made a correction to $0.278 after suffering rejection at $0.28.
The weekend of February 8-9 started with a red session on Saturday, during which the XRP/USD pair made a step back to $0.276. Bears, though, were able to push the price down to $0.263 at some point during the day, which suggested buyers might be losing momentum. On Sunday, the XRP regained its position above $0.28 and closed at $0.282 with a 12.8 percent increase on a weekly basis.
Trading volumes skyrocketed from $1.7 billion on Sunday, February 2 to $2.8 billion on Monday. This was followed by a drop to sub-$2 billion levels on Tuesday and again an increase, this time to $3.38 billion on Wednesday, February 5. The 24-hour volumes were hovering around $2.8 billion on Thursday and Friday and then dropped to $2.3 billion during the weekend.
XRP Is Very Close To Hit The Key Level Resistance $0.31Taking Bounce From The Support Of Wedge:
On week chart the Ripple is moving in a falling wedge . The formation of this chart pattern was started in Aug 2018 and now after Aug 2018 the price action has hit the support of this wedge in Dec 2019 and with hitting at support of wedge the priceline has also hit the lower band of Bollinger bands and now it is bounced from the support of wedge at this time it has reached at middle of wedge
The Volume Profile Showing More Bullish Trend Continuation:
I have placed volume profile on complete price action of this wedge that is showing that trader's interest is very low at the support of the wedge and high upto $0.49 we have also POC of this volume profile at $0.31.
Oscillators And Indicators Are Turned Strong Bullish:
Previously on week chart the moving average convergence divergence (MACD) was turning bullish by giving weak bearish signals and relative strength index (RSI) was also oversold and stochastic had given bull cross from oversold zone.
Now the stochastic and RSI are still strong bullish and reached almost half the body of stochastic and RSI if this strong trend will be continued then we can see RSI and stochastic visiting over bought zone soon.
The MACD is now turned strong bullish as we can see the histogram is changed green from red and the moving averages of MACD has also given bull cross.
Directions And Momentum Are Shifted To Bulls From Bears And Bearish Zone Is Finally Chopped:
On week chart in directional movement the +DI and –DI has formed bull cross, the momentum is being shifted from bearish to bullish and soon we can witness the green bar in momentum indicator.
The chop zone was strong bearish since July 2019 and finally it has turned weak bearish, when last time in May 2019 it was turned bullish then the XRP surged more than 73%.
Exponential Moving Averages Are Giving Up Trend Signals:
On 4 day chart after hitting $0.51 in Jun 2019 the exponential moving average 10 crossed down the EMA 20 and formed bear cross since then the candle sticks are being closed below these EMAs once in Nov 2019 the candle sticks were likely to close above the EMA 10 and EMA 20 but at that time we did not receive a bull cross between these two EMAs therefore the attempt to close above these EMAs was unsuccessful and price action again pulled down to $0.17600 that is the lowest price since Jan 2018 up till now.
Now finally we have received a bull cross between EMA 10 and EMA 20 on current 4 day candle stick which is started on 6th Feb 2019 this can be the decision maker priceline coz so far the candle stick is not closed and still continue if it will be closed above these EMAs and we will still have bull cross between EMA 10 and 20 then it will be a proper trend reversal signal indicating towards bullish trend.
An Alligator Opened Mouth A Very Strong Bullish Signal:
On daily chart If we see the movement of simple moving averages with time period of 25, 50, 100 and 200 then 25 SMA has crossed up 50 and 100 SMAs and moving up to cross up 200 SMA now and the 50 SMA is also moving up behind the 25 SMA to cross up the 100 SMA and soon it will cross up the 200 SMA as well and this golden cross can produce a very strong bullish wave because golden cross between 50 simple moving average with 200 SMA is one of the most favorite among the professional traders and it attracts them to buy.
Once we have the order of moving averages from down to top as below:
200 SMA then 100 SMA then 50 SMA and then 25 SMA above all
Then a complete alligator’s mouth will be opened then the most powerful rally can be started.
Like when the alligator’s mouth was opened in Jun 2019 it leaded the price upto $0.51 that was around 80% big move.
Ichimoku Cloud:
Upto 2 day chart the ichimoku cloud is giving bullish signals the Lagging span has crossed up the price action and attempting to cross up the cloud, the price action has also crossed up the cloud and conversion line has formed bull cross with base line after these bullish indications we can expect that the bullish trend with be continued.
Moving Towards Key Level Resistance At $0.31:
Now after hitting the support of falling wedge pattern Ripple has surged 63% and now it is very close to the key level resistance of $0.31.
This resistance is very strong as the price action of XRP has tried three times to breakout this level but failed to do so, the 1st attempt was in Sep 2019, second in Oct 2019 and third attempt has been made on Nov 2019.
A Bullish Trend Continuation Pattern Cup & Handle Is Likely To Be Formed:
This time we can expect the breakout from this key level resistance of $0.31 because on day chart a Cup & Handle pattern is likely to be formed.
The wave down and wave up are moved very softly without any hard corners or V shape and forming a proper round shaped body of cup and this is a fact as much the shape of cup will be round shaped as much the pattern will be confirmed now there are strong chances of pull back after hitting the resistance at $0.31 and this pull back will form the handle of this cup then we can see a down channel formation or pennant or bull flag but this pull back can be a temporary bear move coz finally the price action takes bullish divergence from the handle and this bullish divergence always leads the price action to breakout the resistance of cup which is at $0.31.
Conclusion:
This time the Ripple is moving with Bitcoin which is positive on the contrary previous trend of Jun 2019 when the BTC was moving up and Ripple was moving down. There is a pullback expected before any breakout but we shouldn’t be worried coz all indicators are in favor of bullish trend rather than bearish trend. Overall green trend will be continued.
Regards,
Atif Akbar (moon333)
Ripple XRP/USD already chasing $0.30The XRP/USD pair is now 28 percent up since January 26 when it broke the downtrend at $0.218. As of the time of writing, the coin is trading at $0.281, just a step away from the psychological level of $0.30.
XRP formed 5 consecutive green candles of the daily chart and is now targeting $30, but not before stabilizing above $0.28. This level proofed to be a solid resistance multiple times in the past already.
Keeping an eye on the zone around $0.28 to ensure we have a proper consolidation. Still, it looks like XRP will pause for a price correction and profit-taking activities before gearing up again for an attack of the $0.30 line.
Trading volumes skyrocketed from $1.7 billion on Sunday, February 2 to $2.8 billion on Monday. This was followed by a drop to sub-$2 billion levels on Tuesday and again an increase, this time to $3.38 billion on Wednesday, February 5. In the early hours of trading on Thursday, 24-hour volumes are hovering around $2.8 billion.
Ripple: Buying Trade Setup.Ripple: Buying Trade Setup.
Note: This is only for Educational purposes; this is not investment advice.
XRPBTC: Further downside before big pump(s) in 2020+This is an update on my prediction from months ago, where I foresaw the XRP developments:
I knew that XRP would not pump in 2019, contrary to many XRP shills who always like to draw their gigantic arrows pointing upwards all the time.
The date for the first XRP pump always was, and still is around April 2020.
This is due to the giant falling wedge forming in XRPBTC, since a long time already.
In the grand scheme of XRPBTC, everything aligns perfectly.
Apri 2020 I by the way also see as the date where BTCUSD will reach 20k again.
So, that is my view and it hasn't changed since months.
XRPUSD is still a strong buy!
Breakout of RippleAfter breaking a longterm trendline and surpassing first 61.8 fibonacci level, price is likely to advance to the 0.3000 area.
Ripple may be on the foot of the breakoutRipple forming head & shoulders patter. Volume is right neckline is descending. We wait for the formation of right shoulder to confirm reversal.
XRPUSD, Ripple - US Dollar: Trailing StopBITFINEX:XRPUSD
The first dynamic resistance has been overcome.
Now we are getting ready for the second resistance, still dynamic, in which we will know if it will be overpassed, or retested.
In this case the short-term trend has reversed its direction from bearish to bullish, as Dow's theory teaches us.
Let's see if it will be able to reverse the medium-term trend as well.
The study of the price action through the technical analysis always helps us to understand in advance potential new trends, connected to the news of fundamental analysis.
Xrpusd Ripple XrpusdtXrp looks good here on daily and weekly
broke long term downtrend line like BTC
am going hold this trade on Breakeven when we achieve target and close some
#RIPPLE He Faces Strong Resistance Please share your opinion in the comments box and do not forget to press the like button
#RIPPLE Wolfe Waves ! This is just an idea, not a recommendation
RSI : We are close to oversold
#BTCUSD : Wolf Waves
XRPBTC Has Formed BAT Pattern And Ready For Upto 38% MovePriceline of Ripple / Bitcoin cryptocurrency has formed bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
Lets have a look on the pattern's move:
After inertial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci and now the price action is moving in potential reversal zone of this BAT pattern now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg , but if after this bullish divergence the candles sticks will be closed above the 0.786 Fibonacci projection then it can also lead to the long term bullish move, so as per Fibonacci sequence method we can set our targets as below:
Buy between: 0.00002668 to 0.00002527
Sell between: 0.00003005 to 0.00003509
Regards,
Atif Akbar (moon333)
XRP Slides for Most of 2019XRP has now lost about 50% since the start of 2019 and yesterday touched the area below $0.18 support (2 years low) amid growing bearish pressure. We can only say - welcome to pre-Christmas volatility.
The RSI made reversal from its oversold area on both daily and H4 charts. This suggests that Ripple price action could continue upside towards $0.20. Further upward movement could come face to face with the resistance at the 50 (0.2126) and 200 ($0.2274) SMAs on the 4-hour chart. If more buyers emerge, XRP/USD can break and to stays above $0.2340 (the monthly high) and than the bulls will have a higher chance of seeing gains towards $0.30.
Barring another crypto meltdown, however, XRP/USD could re-test and breakout of $0.1790 low. In that event the next bearish target will be the 0.1705 support, followed by 0.1620.
What do you think about the performance of XRP?
Yet another C&H XRPETH VOLUME SURGE
TP1 149540
TP2 150688
Stop 145810
Forgive me but I’m freezing my ass off and don’t have any gloves yet could not resist the urgency to publish this juicy signal spotted by the w1Z making it the 2nd C&H (alongside rapid volume accumulation) today thus far....will update later when I get out of this goddamn cold.
Disclaimer
Not financial advise
TradingView/ Linkdeln / Twitter / Stocktwits
• @a1mtarabichi
Peace & Love
(Will update later)
Ripple or Tsunami????All I see is negative sentiment regarding XRP. The moon boys are back slithering under the rocks they came from since XRP dumped under 0.25 cents. The XRP haters are calling XRP dead and going to zero, using any ounce of FUD they can get their hands on to justify this. Meanwhile the RSI fractal continue to play out and we have a strikingly close resemblance to the immediate time before the last serious life changing move (circled in white). The next significant Gann Date is Dec 22 when I expect the move to occur. 15 days following we have the Gann Angle of Jan 5/6 when I think we will reach local top and have a small consolidation before sometime in March and April when we rip again. Best of luck trading, even if you are one of the trading view scumbag slime balls who lurk here lacking testicular fortitude and looking to get rich stealing ideas instead of shutting your mouths and learning something. LMK what you think in the comments below.
Free Hong Kong
XRP 0.08$ End 2020We will go lower, Ripple has to come with some breaking news that will cause a big pump. If they don't some will visit the HQ. XRP is still a scam, and a bunch of amateurs. Just take a look at david his twitter he is the worst. They don't care about us (the ones owning xrp) david posts pictures of what he eats or where he is, tell me which CTO does that, its all a big joke.
