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
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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.
Ripplebtc
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.
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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/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)
Ascending Ripple Hi, dear Traders!
Monfex is at your service and today we overview XRP/USD .
Ripple in the ascending channel, formed an ascending triangle whose target is the resistance zone and the upper line of the channel, but this is 55% probability.
45% is a breakdown of the channel’s support lines and further correction, in support of this idea there is a big bearish divergence by RSI.
What to expect in the near future from Ripple ?
XRP in a short-term has bullish divergence by RSI and may rise to the line of resistance of the triangle.
The resistance near $ 0.305 - 0.32
The local support near $ 0.2855
Market Cap
$12 619 499 034 USD
Volume (24h)
$1 512 163 355 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 Start of Altcoin SeasonHey traders, today we're looking at XRP/BTC ratio chart. First off, it's pretty obvious that an altcoin season is underway. The Bitcoin dominance has peaked at around 72% and is having a hard time breaking back over support at 69. Meanwhile, all of the alts have slowly but surely been gaining satoshi value, and that isn't just going to reverse anytime soon.
Take a look at the 1st and 2nd wick on this chart, those wicks marked the absolute bottom of the market. It's delusional to think we're going back down there. XRP/BTC has also regained support of it's long term uptrend stending from ALL of the previous altcoin season run-ups.
The wedge I drew is basically just a resistance line at 3292 sats, confirmed uptrend from the 2nd wick. Just take a look at how the candlesticks interact with all of the lines I drew, trading really is just clockwork.
Now with the price of XRP/BTC, this week I don't expect a huge move from either coin, actually don't expect anything until the start of the new monthly candle in November. If anything, we could see a retest of the 4H hold or even the topside of the wedge at 3292 sats.
All I know is, we're not going back down to touch the monthly all the way at the bottom. Possibly not even touching that long term uptrend until the bottom of the next cycle. This coin is actually about to pop off very soon, it's just a matter of time before it does.
Nothing breaks a yearly long downtrend and has no price movement. We're going to see something crazy..
Every single time the XRP/BTC chart has looked like this, we've seen a rocket shooting the price up within weeks. I don't think this time should be any less different, history repeats itself.
As always, do your own research, I am not a financial advisor.
RIPPLE will give us great Profits, be Sure! Hello, Traders!
Monfex is at your service and today we overview XRP/USD.
What do you expect from Ripple?
Curent price ~$0.257
It is moving in the falling wedge and now near support - buy - accumulation zone. Also XRP has by Stoch RSI two bullish div and going to leave the oversold zone. So we have asume that soon will be good positive movement on this chart!
We have key resistance price level ~ $0.266 , there is resistance volume with MA20 by the breakdown of which we also can assume buy position.
Active Trade Signal by XRP/USD
- Buy below $0.248
- Take profit ~ $0.322
- Stop at $0.218
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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 - Ripple Approaching To The Main Resistance LevelYesterday we have a nice jump and a price increase of around 5%. Today we're in the retracement and so far everything looks good. But as always we have to watch BTC. Any sudden move of BTC may have an impact on almost all alts.
So let's jump into the chart.
XRP now approaching to the main resistance line which had significant role in the past. Besides this, exactly at this resistance line we have 200 Moving Average. This is around 4000 sats and if XRP would be able to break this price level the price will continue to rise to the first midterm target which you can find on the chart.
Personally I'm expecting some sort of pullback at this price level and from this pullback, it will depend on the further development of the price action. Once we will hit this level I will update you.
SHORT TERM DEVELOPMENT:
Yesterday we have a breakout of the rising wedge to the upside. This is a significant sign and gives XRP more power to grow. But here is a "but". We need to stay above the upper trend line of this pattern, otherwise, the price can drop to the lower line of this pattern. So we have to be very careful in the current situation.
Today we can notice successful testing of this trend line which is at the moment of writing at around 3640 sats.
Be safe and don't forget to put a stop loss.
if you find this idea interesting thank you for all of your likes in advance :-)
XRP/BTC - Short Term Target Reached :-) We're tracking this trading pair daily. If you'll like this idea please give us a like and subscribe to our channel :-)
So yesterday we hit 2 of our targets. First was retracement target and second, was our main short term target which was on the top of the rising wedge at 3585 sats .
At the time of writing, we're at the retracement again and in this post, I will give you an idea on key levels to watch.
1. At the moment the price is increasing. The key level to watch is at 3544 sats . If XRP will break this level the further leg up is expected, otherwise we can expect another drop up to the 3412 sats .
2. If this will be a case the 3412 sats would be a crucial level to watch. As long as XRP will stay above this level would be ok. Otherwise, we can expect to test the lower line of the rising wedge at around 3260 - 3300 sats .
We just need to wait and see what will be happening next.
Hope this TA will help you and thank you in advance for all your likes :-)
Ripple vs Bitcoin Hello, Traders!
Monfex is at your service and today we overview XRP/BTC.
The formation is very similar to an ascending wedge, for which the target is a breakout the support line, this is also in accordance with the strong bearish divergence by RSI.
But there is also an another side where XRP is on a good bullish wave and not so far we can observe the upcoming first global zone of resistance.Also, BTC Domination is falling and we can expect growth of Altcoins in the near future.
The first resistance zone ~ 0.00004080
The second resistance zone ~ 0.00005650
The volume resistance zone ~ 0.00004900
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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/BTC - Ripple Chart Nobody Is Seeing Right NowWe monitor this trading pair daily, so don't miss the updates and subscribe to our channel :-)
Today we will look at this trading pair on the weekly timeframe which shows us an extremely bullish opportunity in front of us. For the purpose of this TA we will be using a line break candles. These candles reduce noise and give us a clear direction of the trend. More about this trading technique you can read at the following url: school.stockcharts.com
On the weekly chart, we can notice two consecutive green candles which are very bullish signs for further price development. If history repeats itself we can expect more than 400% gain from the current price. We just need to wait and see what will be happening. I believe that I don't need to talk so much about this chart. With this chart, I would only like to demonstrate to you a big picture of our game plan which we will follow.
For a clearer picture of what's happening right now let's move on the lower timeframe.
Daily Timeframe:
Yesterday we mentioned that retracement would be finished at 3295 sats and exactly this has happened. Today we're up for 9% from our entry price and yesterday's daily candle closes above the major resistance line at 3365 sats. This is a very bullish sign.
Above the current candles, we have the upper trend line of the pattern we're in. This is the rising wedge which usually represents bearish pattern with the continuation of the price action. But .... we need to say that so far we only have 2 touches of this trend line and there is a great probability that this trend line would be broken. If this would be the case we will be facing another resistance at 2000 Moving Average which is at 4083 sats price level. This price level is another short term target. If we go beyond this price level, the parabolic bull run is expected.
So far we have 2 very short term targets, where the price can "swing".
Target1: 3589
Target2: 4083
Retracement:
Everything above 3430 sats is ok. In the next few hours, we're expecting a little retrace. Nothing serious, but we always need to have an eye on BTC. If BTC for some reason will go parabolic in one or other direction this will have an impact on the price of alts.
Does a Bullish mode is active for RIPPLE ? Hi, dear Traders!
Monfex is at your service and today we overview XRP/USD .
What do you expect from Ripple ?
We have already described in the preceding charts the situation and perspective by XRP and now we will determine the buy levels.
According to the weekly chart, a lot can be said about this asset. For example: by a breakout of the key level(~ $ 0.315 ), along with the MA, it is most likely to go to test the resistance line. If XRP break this resistance line, it will be a strong signal to start new Bull Run .
RSI is also rising at the intersection of the buy levels.
Accumulation area near $ 0.20-25
Target minimum by breakout this key level - $ 0.36
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.
RIPPLE Hello, Traders!
Monfex is at your service and today we overview XRP/USD .
The first signal to the begin of the bull trend is a break of the resistance line, the second is the key level for the start of the bull trend. But at the moment, XRP is under the line and globally in a bearish trend.
Local support level $ 0.268 - 0.27
Local level of resistance $ 0.28 - 0.285
Key resistance level for bull trend ~ $ 0,318 - 0,32
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.
XRPBTC formed bullish BAT a good buying opportunityThe XRP / Bitcoin has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
MACD is changed weak bearish from strong bearish.
Stochastic is oversold and has given bull cross.
I have used Fibonacci sequence to set the targets.
Buy between: 0.00002992 to 0.00002959
Sell between: 0.00003071 to 0.00003190
Regards,
Atif Akbar (moon333)
XRP/BTC setting up for another large rally?XRP/BTC is potentially setting up for another large rally. Price has reclaimed the 10 week moving average and is trading above it for the first time in nearly 9-10 months. Price has also tapped a historic price level around 2300 sat's that has been a key pivot point throughout XRP's history. I am keeping an eye on this one and it could be setting up for another huge rally. I wouldn't be surprised to see the 20 week MA get tested and knock the price back down a bit before consolidating then making another attempt at breaking it. Ultimately, this setup on the weekly view is shaping up to be quite interesting. Also, for any crypto traders out there, Binance just launched their US exchange (Binance US.) If you need a link to go sign up, click here--> www.binance.us
MA Guide (All Weekly for this post):
10 MA in Orange.
20 MA in Pink.
-This is not financial advice. Always do your own research and own due-diligence before investing and trading, as for investing and trading comes with high amounts of risk. I am not liable for any incurred losses or financial distress.