XRP slight correction under the influence of BTCXRP solidly defended the $0.90 BTC inflow level but BTC inflow is too strong and we see a trend reversal on the chart but it is very weak and XRP should rise again soon
Ripplebtc
XRP continuation of the sideways trendXRP defended its $0.90+ level yesterday and is continuing steadily today, the situation looks good and shows that the support at these levels is strong, we will see if we see a similar pattern tomorrow (the behavior of BTC could be a factor)
XRP bullish move in sightAs we can see in the chart, From a weekly perspective xrp is moving within a pennant. We just broke the trendline from the bottom to collect orders from the liquidity zone below, and have now moved back within the pennant and showing bullish price action. The next area of interest is around the $1.15 mark, and once we have a clear break of the pennant, this can indicate further bullish moves.
XRP - potential trade!!!A bullish formation has formed on the XRP chart.
This formation is called a bullish flag. Statistically, the formation is breaking upwards. In the case of price squeeze and a breakout of the upper boundary of the structure, there could be a good buying opportunity. The target is equal to the height of the formation.
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XRP Buy a Break Setup.Ripple - Intraday - We look to Buy a break of 1.021 (stop at 0.998)
Trend line resistance is located at 1.000.
A break of the recent high at 1.030 should result in a further move higher.
Further upside is expected and we look to set longs in early trade.
We are trading at oversold extremes.
Our profit targets will be 1.088 and 1.108
Resistance: 0.980 / 1.000 / 1.030
Support: 0.960 / 0.940 / 0.900
XRP continuation of stabilizationXRP after the last correction, has been in a strong price position and stabilization for several days, the sideways trend continues with slight price fluctuations
Lucky Ripple or Boring Ripple?Lucky Ripple or Boring Ripple
following to my previous post:
Ripple was downward trough its downward weekly channel Before recent Bitcoin fall.
Bitcoin fall affected the Ripple downward speed, But whereas the Ripple was in the middle of its weekly channel , it causes to reach bottom of the channel sooner.
however we had a shadow bellow the weekly channel but in the next days we had a respond to its monthly trend line.
Now Ripple is ranged in a semi strong support level :
1- if it pass below this support zone, it is a high possibility to fall to lower support line (0.5 $ ~ 0.6 $)
2- if it pass above this support zone with the help of monthly trend line , it will channelize in the middle of its weekly channel ( 0.85 $ ~ 1 $)
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3- in a larger scale Ripple is still in a mild downward weekly channel , however a bullish rally in Bitcoin could help Ripple to achieve top of this channel (1.15 ~1.2 $).
XRP looks like BTC just after it bottomed at $3kCurrent recent XRP structure and pattern looks like the BTC's bigger macro pattern and structure from the start of the 2017 bear market to March 2020.
What is the pattern:
1) Retrace to the 0.618 fib of the entire down move
2) Price goes side ways
3) Price dumps to retest the last order block (OB) that started the initial retracement move up
4) BTC then tops at the 3.618 fib extension
The equivalent fib target then for XRP is $5.70 (~500% move from current prices).
XRP price level defense successfulXRP is trading at a defended price level, strong support at this level is very visible, the coming days will show which direction will be final (if not then we will continue the sideways trend with some fluctuations)
XRP Successful defense and accumulationXRP is holding positions very solidly, we see that the chart looks promising, it looks like XRP will rebound in the near future (if BTC does not have a deep correction)
XRP price level defendedXRP after defending its price level, changes trend and will try to break $1 in the coming days
XRP shopping on promotionXRP is trading on a red chart, the market is bleeding, is this a reason to worry? no it is a reason to buy gradually and just be patient, do you think Grayscale is buying cryptocurrencies to lose on it? but they can be patient, everything is a matter of patience
XRP trend change XRP changes the trend (at a very important moment) and goes back to the previous price level and strengthens its position, this is very important in the current market situation
Ripple Price AnalysisXRP has remained above the psychological level of 1.0000 despite the recent downtrend. After hitting a six-month high of 1.3487 mid-last week, the altcoin has since dropped by about 22.97%.
Currently, Ripple trades at $1.06. On a three-hour chart, it is trading below the 25 and 50-day exponential moving averages. Based on both the fundamentals and technicals, the crypto may remain under pressure in the near term.
I expect the crypto to trade within a rather tight range between Thursday’s low of 1,0160 and the 25-day EMA at 1.0883. Past the horizontal channel’s upper border, Ripple price will be in good shape to rebound further above the prior support level of 1.1000.
If that happens, the resistance level to watch will be along the 50-day EMA at 1.1202. A move below the channel’s lower border will have the bulls defending the crucial support zone of 1.0000.
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XRP stabilization at a new price levelXRP has quiet days at a new price level, the situation looks promising + a lot is going on around the XRP RIPPLE
XRP price breakout and BTC inflowXRP is coming back to life lately, we have a new price level and we see the influence of BTC on the growth of XRP, this will be a decisive factor in the coming days
XRP continuation of the stable roadXRP has not shown any major price changes for a long time, strong position and no indication of the direction in which the price will go later, time will tell
XRP and the Interesting weekly RSIWhat do we have here?? XRP vs BTC chart on the weekly. The weekly RSI is telling me something different from what the SEC lawsuit is trying telling me. Although the scare of the lawsuit broke the divergence {that ultimately formed another one} it seems to have recently been restored to the long term trend. XRP has formed a lot of strength against Bitcoin and looks to be ready to make it's move.
Always invest with with lowered risk! There is no such thing as no risk.
XRP is ready to jump! Oct 23Rippel is ready to jump somewhere and break something
The price has been compressed
XRPBTC Situation: on support
My scenario is on chart
XRP rebound and stabilisationXRP is currently defending the 1.09 level but even if it loses this, XRP could rebound very quickly, there is a lot of good news about Ripple at the moment and I think this will have an impact on the market soon
XRP BTC pair ready for breakout?Seems XRP is building up several factor's for breaking out upwards.
Currently in a bullflag and in the general picture XRP is really bullish.
Broadening wedge in a falling wedge.
If we would see xrp repeat it's cycle of 2017 we could expect the targets being reached, keeping in mind a BTC value of 85k -100k.
A positive outcome of the lawsuit could see this playing out.
This is not financial advice and for entertainment use only.
XRP is going to repeat 2016 pattern?!!!It's just a possibility guys! But I see a likelihood between these two movements. If it's the case, we should expect XRP to go lower than this (maybe close to bottom of the wedge), and then a huge upward move! (NFA)
XRP Buy a Break Setup.Ripple - Intraday - We look to Buy a break of 1.102 (stop at 1.068)
Short term bias is mildly bullish.
Daily pivot is at 1.100.
A break of bespoke resistance at 1.100, and the move higher is already underway.
The previous swing high is located at 1.089.
Our profit targets will be 1.196 and 1.216
Resistance: 1.050 / 1.100 / 1.150
Support: 1.000 / 0.950 / 0.900
