XRP short term outlinedHere I have outlined some possibilities I see playing out for XRP. Lets start by noticing XRP is currently falling from a hidden bearish divergence, not shown on this chart but you can find it on the 4H. The white line I have outlined is the top of a longer term falling wedge, price has broken out from this falling wedge and this is a typical retracement back down to test as support. With the last bullish move from XRP we can see 5 impulse waves were formed so now we can expect 3 correctional waves. As you can see I believe we are currently starting wave 2 with the recent wick down to the wedge (white line) followed by the bullish candles. Looking at resistance points and the past impulse waves the red box is where I will be looking to enter a short. As I mentioned, XRP is currently falling from a hidden bearish divergence on the 4H, 3 correctional waves are expected, and too also note, my trading script is also signaling short. Now I have also outlined with the green box where I will be looking for a possibility of opening a long, this is where I believe the 3rd correctional wave will end with another test of the wedge as support. I would also like to note that this green box is also placed around the .618 fib level from the first impulse cycle.
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Ripplebtc
Looking at XRP future in crypto market.Hey! I am back with another Idea, this time looking again at Ripple, my favorite "cryptocurrency", even if you dont consider it as cryptocurrency its still just a good investment of money.
Many people are saying that Ripple token is unable to rise in value, well thats not true if you read enough about Ripple token usecase.
Just think about it for a while.
The developers of XRP token are making money from XRP rising in value, they want to rise XRP in value even for their own fortune. Its their primary source of income as they own good ammount of XRP tokens.
Think about how long XRP has been here, and how wide, mostly Brad, talking about XRP and with certaintity showing usecases, and future of banks payment.
Okay, enough of boring talking, lets look at the daily chart.
I really like XRP chart, as its one of the most healthiest acting chart in this whole market. Finding ressistance at one point and then finding support on it and acting stable, thats a sign of good demanded market.
What I mean by that.
After XRP was breaking out from 4400 sats to almost 12000sats, it found a ressistance zone at 9000, which is a good long known ressistance level. After second runup to 10500, Ripple has managed to find support in this zone, and has been acting stable in it even after a runup.
Currently is XRP in the accumulation phase, hovering between 8500 and 9000.
XRP price will hover for another while in this price, as I suggested in my previous XRP analysis.
The future of XRP token.
XRP is acting very strong and healthy in such despair market, when touches major support, a bounce is seen. By the looks of it, XRP may remain in uptrend for a longer period of time, I am still buying more of XRP and pushing my portfolio into this coin/token.
Only thing which would not mean a good end, is XRP breaking below 8500 with no bounce.
Lets look at Indicators in the last place.
Volume, currently in accumulation phase where you can see XRP have similiar Volume, waiting for another possible wave.
MACD, is pretty clear and healthy, no crazy changes, follows trend accurately. Currently uptrending, cross above neutral macd level would be a strong bullish sign, curious to see.
RSI, the demand is really good, even after such runup. I managed to find 52.5 RSI level as the main support/ressistance level, not considering 60 and 40.
If you would like me to post some updates, let me know in comments or Agreeing with my idea.
Thats all from me, for now.
If you agree with this Technical Analysis , consider leaving that "Agree Button" blue, as it leads me to post more similiar Technical Analysis .
Thanks for your time and good luck trading!
XRP decision time!
XRP has drifted lower recently after holding up extremely well in the market collapse
We have fallen near $0.29 and are approaching a demand zone
This has been a strong support OB in the past and we can expect to see a similar reaction
If we do get a bounce, we could see a retest of supply above after some consolidation at this bounce zone
If we get a flush straight through this zone, it would indicate extremely bearish PA and new lows are very likely with downside targets outlined in the chart where we could expect some type of reaction from bulls
EMAs still trending lower with no sign of leveling off so far
Thanks guys
Ripple is on a good way.Hey, I am back with another Technical Analysis, this time looking again at the only cryptocurrency with real usecase, that is being adopted pretty fast.
Ripple, one of the few cryptocurrencies that are acting very stable even in such despair, unforgiving market.
My thoughts.
Ripple is acting very strong and stable, even if it doesnt look like it, because even XRP is making some strong red candles, but the demand seen in this candles is really solid, considering the current state of the market.
Many people are telling that Ripple is falling Value, while its the opposite. Yes technicaly XRP is falling in dollar value and you are losing some many, but still less than if u were in Bitcoin or another cryptocurrency.
Looking at chart.
Simple trend lines and ressistance/support levels, or zones can show you a lot. Current situation, is that Ripple has broken a downtrend and is Ripple price is moving around 8800 - 9200 levels with a low volume, this was seen last time when Ripple was in in range from 6800 to 7400 with also a tiny volume and seen sharp rise, and formed an uptrend.
Its a very good sign that Ripple found what was last time ressistance zone, is currently a support zone, this is how a healthy uptrend chart should look like!
Quickly looking at indicators.
MACD is showing a clear cycle with a long and clear uptrend, likely to cross and give buy signal.
RSI found support after rally highly above 4O, which is a good sign and formed pennant from which can be a sharp move expected, most likely sharp retest of 860O or 9400.
Conclusion.
As I said, Ripple is acting very stable and strong, has a usecase and may reach a really high price in future, I think that Ripple will stay in this range for a while and another unexpected long green candle will occur.
I will try to post some updates as well, considering the support from all of you, I would love to post as many as possible but, I am heavy time limited these days.
Thats all from me, for now.
If you agree with this Technical Analysis , consider leaving that "Agree Button" blue, as it leads me to post more similiar Technical Analysis .
Thanks for your time and good luck trading!
XRP local bottom or lower we go?
XRP seems to have formed a local bottom near $0.33 but volume has been missing since the initial drop
Buyers did not step in as much as I'm sure most would have liked but we have been able to maintain the current support OB
EMAs remain down-trending and price is currently finding resistance at the 13EMA
A strong move above could see a retest of the supply zone above and eventually a retest of local highs
If we fail here, the odds of a swing lower to take the liquidity below the white line is very likely and possibly new lows before moving up
Again, most of the movement will be hinged to what BTC does so keeping a close eye on that if you're looking to enter a trade on XRP is warranted
Thanks guys!
Ripple Technical Analysis with Updates.Hey! after a while, I am back with another Ripple Technical Analysis with updates.
The rule is simple, The More likes , the More updates !
I am really glad from all the feedback I got in my previous TA with updates, but unfortunately, I was busy the whole week, but I am back with another TA with updates, so lets get right into it !
Here is the TA from week ago with almost 20 charts updates in case you have missed out, or dont know what this 'updates concept' means.
As I stated in my previous analysis, I still havent sold any of my XRP tokens, and I still think Ripple is seeing a strong demand, but selling wave is a selling wave even in good demand.
From the top.
Ripple has struggled for a while in 9500-9300 price range, testing lower and upper level sharply .
But after a double top of 9550 follown by an uptrend and unsuccesful test of 9500, downtrend was formed .
9160 support level shown some good strenght , but it wasnt enough to break the downtrend as macd suggested with the fast lane finding hard to break slower lane, so 9160 got broken an Ripple remained in downtrend for a while.
This situation has changed when Ripple reached support of 8725 from where uptrend was rising .
This uptrend was tested after second test of 8725 and you can see that full candles are above the trend, so the trend is valid , at least for a while.
Current situation.
Ripple is riding on a uptrend, currently testing 8900 level, which should not be that hard, the harder part of this will be the downtrend test, if this downtrend gets broken Ripple can head to test 9160, 9300 and so on.
Looking at Indicators.
MACD shows us that Ripple has went through three increasing selling waves , third one the strongest, so a pullback is expected .
First histogram tick was closed in green with good volume, so clear bullish signal from MACD.
RSI shows 37 level as strong support level, but only managed to raise the upper ressitance just a tiny bit . After this support was broken, it was retested as ressistance and failed, which led to selloff . RSI has seen a strong demand bounce , finding on its way just a small ressistances, as after ressistance was found, support was found really close below and continued to grow .
40 level was broken succesfuly , curious to see if test of 8900/40 rsi support will be succesful, but looks good so far.
Conclusion.
Was pretty much said in 'current situation' but very likely to test upper ressistances, bigest one currently is this downtrend.
See you in updates!
Thats all from me, for now.
If you agree with this Technical Analysis, consider leaving that "Agree Button" blue , as it leads me to post more similiar Technical Analysis.
Thanks for your time and good luck trading!
XRP holding up well!!!
XRP fell over the weekend back down to $0.32 but has formed a nice support level
We have bounced off this support OB and volume has followed these bounces so far
If we can close above this supply zone, we could move back to range highs and possibly attempt to test the breakdown zone
A fail and close below the support OB could result in new lows
Thanks guys!
Ripple Technical Analysis with Updates.Hey! I am back with Another Technical Analysis with updates !
The More likes, the More updates!
This time looking again at XRP as the best performing cryptocurrency in the despair crypto market!
So why I am looking at XRP/BTC chart and not XRP/USDT?
Because the BTC chart shows actual Ripple moves , demand and way precise candles. In USD value you may see that Ripple is losing Value, when in real its just rising in value, that why we look at XRP/BTC in short.
My portfolio is almost 80% Xrp and I still havent sold any , as I am constantly looking at Xrp and still shaking my head , when looking at the strong demand which is Ripple showing us.
In my last TA on XRP I pointed out, that Ripple is acting really strong in such despair market, and thats still true !
Lets look at current situation.
Ripple has performed sharp breakout bouncing off 8731( three good demand candles ), breaking downtrend and testing 10,500 sats where XRP found ressistance, performed almost good looking double top and started retracing.
Many people though t XRP will dump hard after this ressistance was found, and in the panic in this despair market they sold their XRP .
So ripple actually dropped to 8,980, and immediately bounced off performing crazy long 15% candle, this is just another sign of XRP strong demand.
After that another ressistance was tested and another sharp test of 9,400 has occured , which result was a sharp bounce , crazy how XRP acts.
Strong volume was still in XRP and price has been fluctuating strongly, but has managed to stay relatively stable currently fluctuating between support of 9,640 and ressistance of 9,775 .
And once again , XRP is in good known low volume period of consolidation waiting for another sharper move to come.
Its a good bullish sign that XRP can stay such stable even after such sharp moves and despair market.
Okay, so candles, Volume, trend and demand based on candles looks good , are Indicators looking good as well? Lets take a peek.
MACD - Shows another healthy bullish cycle, after one strong buying wave, two average selling waves occured. Lanes headed to neutral zone where Blue lane is very likely to overtake slow lane.
RSI - Seen some double tops, after second double top, a strong RSI support has been found and its somehow still uptrending, so bassicaly after a good runup , ussualy a lower demand is seen as profit taking but this time once again, its still above average, another bullish sign for XRP.
Conclusion.
Ripple will fluctuate with low volume in this tight price range for a short period of time, after that sharper move to retest 10,500 is very likely to occur.
Its hard to tell when as volume comes unpexctedly in low volume period, but after ressistance of 9,775 will get broken volume will come for sure!
Thats al l from me, for now. If you agree with this Technical Analysis , consider leaving that " Agree Button " blue , as it leads me to post more similiar Technical Analysis .
Thanks for your time and good luck trading!
Bitcoin and Ripple LatestBitcoin and Ripple - the two largest coins by market capitalization – still languish near their multi-month lows as the expected ‘buy the dip’ crowd remain noticeable by the absence. Over the last few months, most sharp falls in the cryptocurrency market have been followed by a reasonable rebound – dip buyers – before the market stabilized and moved lower again. This week’s heavy sell-off however - most coins are down between 25% and 40% - has sparked little buying interest, leaving prices vulnerable to fresh falls.
IG Sentiment Data show how retail traders are positioned in various cryptocurrencies and how changes in holdings can affect market sentiment. Retail traders remain long of Bitcoin (76.2%) but the number of traders net-short has jumped by 27.7% from last week. Ripple continues to show a market heavily skewed towards the long side with retail 96.1% net-long the coin. We can see how these daily and weekly changes affect our trading sentiment/bias for a range of cryptocurrencies.
Ripple Will Go For It!Hey , I am back after a while with another Technical Analysis.
So how was your Bitcoin crash? Mine was pretty good as most of my portfolio was in Ripple as my only long term hold, I am in since 4,200 . Bought some more at 6,200 and still havent sold any.
While watching this crash I shook my head and didnt believe what moves was Ripple showing, that crazy wick from 7200 shows a REALLY strong demand even in such skeptic marke t as we are in right, as many people are in fear to buy.
I like to see people here on TradingView or anywhere really complaining about how this market has no future , how Bitcoin is a scam and how they are selling everything .
I like the fact that we are in, or almost in , the last phase of bear cycle, despair phase.
Buying the top and selling the bottom, thats whats most of "traders" here do .
But moving on , and actually looking at Ripple/Bitcoin Daily.
Good uptrend , even sharper one has occured.
RSI is in sharp uptrend and respects the trendline.
MACD has performed healthy and bullish cycle with a MACD bullish " slide ".
Ripple is testing the Key Ressistance level.
Higher lows, higher highs.
Candles looks really green , hah no, but for real, very good looking candles .
High above 9 EMA , that signifies that Ripple has a lot of time to test 9400 , the Key ressistance level.
Ripple has just very strong fundamentals, good usecase and strong adaption, very popular in japan an also in public.. FOMO will be strong.
So how high can Ripple pop? Very high if 9400 gets broken by a full candle.
Those were my points , I will also do a lower timeframe Ripple Analysis with Updates, stay tuned!
Thats al l from me, for now. If you agree with this Technical Analysis , consider leaving that " Agree Button " blue , as it leads me to post more similiar Technical Analysis .
Thanks for your time and good luck trading!
Ripple holding strong!
XRP continues to remain resilient on this heavy selling Monday
EMAs continue to remain flat with a slight upward bias showing that bulls are putting up a strong fight
We are pulling back into this demand zone right now, which has been a place where bulls have been playing defense and if they want this run to continue they will need to once again hold price steady
If we do dip into this zone and hold a nice scalp play can be taken back up into the liquidity above around $0.53
A relief rally in BTC could help XRP reach even higher but with the looks of Bitcoin right now I wouldn't count on it
Keep in mind we are getting very close to that elusive $5000 mark, which may see a lot of stops get triggered just like at $6k so watch out for that
We still have that CRUP printed on the daily, which is a very good sign for bulls but cannot have that get canceled or else we could see sell momentum pick up
Thanks guys!
RIPPLE: the new king of cryptomania? Beautiful BUY-CHANCE!Hey tradomaniacs,
welcome to another signal!
Important: Wait for the Breakout and buy the retracement!
Type: Swingtrade
Buy-Limit: 0,0001
Stop-Loss: 0,000062635
Target 1: 0,00014
Target 2: 0,000160888
Peace and good trades
Irasor
Trading2ez
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
Ripple ALLERT fall of price prediction XRP DROP BELLOW 42 cents Ripple showed signs of great bullishness in previous period as starting from 27 cents, made 80cents (which was fib based maximum started from that point).
Mathematicaly justified price of XRP at peak would be 64 cents, nor a cent more. (with presumption of uptrending from 27 cents after long consolidation-January).
However, we had enourmous buys of Ripple these days, but we do have an alert in a form of Bitcoin, shaking Ripple to the core, deflating it.
Ripple peak was 9300 sats (64cents), current low is 7786 sats/(51.5cents), while baseline is 8000 sats.
With current movement of Bitcoin and continual shakeoffs (Bitcoin rode to 6800 USD four times, failed to breach that level and now its retracing gradually, dragging entire market down with it.
While Bitcoin is still rebouncing over 6550 $, rest of the market keeps deflating goin towards lower levels.
Most important thing, : Ripple had daily bearish crossover on September 3.rd which will be felt today and in coming days as Bitcoin keeps fluctuating and going toward lower levels (6380/6280/6100/5885 along with 5750.
Appart from that Ripple's RSI shows downward momentum too, so i would expect very significant retrace on XRP.
All those Bitcoin price shakeoffs will be felt over entire market, but as always, Ripple and Stellar are the ones who sinks deepest and regain most (this is one of the way using XRP actually as a leverage, without actually gambling on Bitmex or margin trading overall.
Conclusion :
* XRP will certanly drop much deeper
* Dont rush with buys
*It's never too late to rebuy rather than sink with a coin you are holding.
* XRP drop levels would be 49cents, 47, 44, 41, 37, 32 and eventualy 27 (as making 100% retrace on fractail)
so take it easy and i would suggest everyone: Dont make premature buys, so percentage return will be significantly higher if buying on very bottom (27/32/37 cents).
I do expect full retrace (27 cents).
Good luck
XRP (RIPPLE) LTF Short - BIG R2RBig Risk to Reward:
- Targets labeled below (Will be watching price movement / reaction around those areas)
- Watch the zone we are currently in for potential resistance / support flip!
- If support holds (8450) we could continue upward...
- Don't FOMO wait for a good entry point - watch price movement around supports
- Its to note that XRP has been correlating with / leading $BTC lately...
- Keep an eye on $BTC price movement!
TIGHT STOP (LABELED IN RED)
- Ripple is known to run it up
Will be watching tonight and tomorrow!
- if stopped out will continue to watch for the BEST entry...
XRP the lone wolf in this bloodshed!
XRP brokedown like the rest of the market yesterday BUT formed a massive hammer on the daily candle
Buyers stepped up in a major way after price dipped into the $0.40 demand zone
We did retest the top of that support before moving back above and currently resting near resistance
EMAs has turned down slightly but still looking a lot better than BTC
If BTC can regain some ground, we could see a nice rally in XRP and the rest of the market
The bad news is, BTC might very well test the higher end of the 4k range and that will drag everything down with it but we could see the same type of reaction we saw yesterday as many people fled to more centralized coins
Thanks guys!
xrp needs to return to its trendlineFirst Post. Here is my 2satoshi on current confusing situation in crypto market this week..
Currently broke down and target 0.5 fibo and return to trend line.. quite simple to understand.
Hope this helps you to make decisions..
Happy Trading!
Ripple Technical Analysis with Updates.Hey! I am back with another Technical Analysis, this time looking again at Ripple and bringing back the " updates " concept, as I have now more time do what I love to do.
The more likes , the more updates !
In my previous TA on Ripple, I was expecting Ripple to find support at 7865 with a wick or at 7615 with a possible bounce , which was on point!
h ttps://www.tradingview.com/chart/XRPBTC/QbHgyJJc-Ripple-in-a-Flag-is-about-to-see-a-new-Higher-High-soon/
Two days ago , I have posted into my private group Ripple chart with a pennant that has occured with expected breakout , which hit my exact ressistance target of 8300.
Good, good for Ripple, lets look at some points .
Ripple is respecting uptrend
Healthy MACD cycles with intersects above neutral zone.
RSI demand after rally finds demand slightly higher than 40 , good sign.
RSI finding support few times at same level is also a good sign.
Overall candles looks good !
Ripple is able to move somehow Independent from Bitcoin, but still likes when Bitcoin gives him some certainity.
Conclusion.
Ripple will test 8525 key ressistance level anytime soon .
If this level can be succesfuly broken and found support on i t, Ripple can continue rise .
If the test wont be succesfu l, it will find support and at uptrend and go for it again .
And if Ripple breaks November uptrend , I will post another Technical analysis soon, hard to tell now, but I think its more likely to break the 8525 level.
Thats al l from me, for now. If you agree with this Technical Analysis , consider leaving that " Agree Button " blue , as it leads me to post more similiar Technical Analysis .
Thanks for your time and good luck trading!
Follow-up on the XRPBTC, next boost after the XLM oneThe previous post:
The post 'XRP bullish in short-middle term, stoch as buying signal' was written ~2 days ago, and the price was 0.00007887 at that time.
Now the price is 0.00008169, increased a little, and we are here to follow-up the price prediction.
1. Recently broke a narrowed bollinger's
2. 50EMA just crossed 200EMA
3. EMAs in bullish order
4. RSI / MACD DIFF / Stochastic bullish divergence
5. MACD holding above 0
6. MACD doubly bullish
7. %K %D just reversed
We are expecting a rally compared to the one just happened in XLM
Resistance probably somewhere ~ 0.000091-93