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Ripplebtc

Ripple price back to the drawing board, recovery to $1.6 begins Ripple seemed to hold above $1.2 amid the trading on Wednesday. Ripple had shown resilience for a few days as it controlled the correction from $0.71. Several tentative anchor zones had been established, including the confluence formed at $1.4 by the 50 Simple Moving Average (SMA), the 100 SMA on the four-hour chart. The flash drop continued under $1.2 and $1 before finding support at $0.85. Note that the declines in April were halted at this level, allowing the bulls to take control, bolstering the cross-border transfer token into a trajectory to $0.76. Ripple exhibits signs of recovery The international money remittance token has bounced off support at $0.85 and currently trades at $1.07. Holding above $1 is key to nurturing a recovery mission. Moreover, bulls must step above $1.2 to validate the uptrend and revitalize speculation for gains back to $1.6. According to the Relative Strength Index (RSI), recovery is expected to come into play. The trend strength indicator also identifies oversold and overbought conditions.  With the RSI recoiling from levels slightly under 30, the bullish grip is getting tighter. Consequently, the movement toward the midline and the overbought area will suggest that bulls have the upper hand. It is worth mentioning that the Moving Average Convergence Divergence (MACD) still has a bearish outlook. This indicator tracks the trend direction and measures its momentum. The MACD is helpful when identifying positions to buy the dip and sell the top. For now, the signal is still bearish and calls for caution among investors. However, as soon as the MACD line (blue) begins to cross above the signal line, the recovery will be confirmed. Ripple intraday levels Spot rate: $1.1 Trend: Bullish Volatility: High Support: $1 and $0.85 Resistance: $1.2 and $1.4
BITFINEX:XRPUSDLong
by CoinGape
RIPPLE:BREAKOUT AND RETEST BULLISH FLAG - LONG SETUP UPDATE 🔥🔥Welcome back Traders, Investors, and Community! Check the Links on BIO and If you LIKE this analysis, Please support our page by hitting the LIKE👍 button Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. Have a Good trading day!
BITSTAMP:XRPUSDLong
by FOREXN1
8
XRP lethargic trading draws closer to 130% liftoffRipple’s consolidation between $1.2 and $1.6 is still underway. The massive weekend losses in the cryptocurrency market affected Bitcoin and Ethereum the most as XRP embraced support at $1.3. However, the bearish wave sabotaged the intended upswing to $1.6; thus, a correction kicked off on hitting the resistance at $1.6. Ripple prepares for colossal price action to $3.5 The cross-border token exchanges hands at $1.52 after stability returned to the market. More importantly, XRP trades at the apex of a symmetrical triangle. This pattern has both a bearish and a bullish impulse. Two trend lines form the symmetrical triangle, connecting sequential peaks and troughs. As the trend lines converge, the asset tends to consolidate. A breakout comes into the picture when the price strikes above the upper trend line. It is validated by an uptick in trading volume and has an exact target measured from the triangle’s highest to lowest points. For instance, if Ripple breaks above the triangle’s upper trend on the four-hour chart, it could swing 130% north to trade a new all-time high of $3.5. Meanwhile, the Relative Strength Index (RSI) validates the gradual upward price action by extending its movement above the midline while closing the gap to the overbought region. The Moving Average Convergence Divergence (MACD) shines a light on sideways trading, suggesting that it would last longer. The uptrend toward $2 will become apparent as soon as the price settles beyond the seller congestion zone at $1.6. Ripple intraday levels Spot rate: $1.52 Trend: Bullish Volatility: Low Support: $1.3 and $1. Resistance: $1.6 and $2
BITFINEX:XRPUSDLong
by CoinGape
XRP BREAKOUT CONFIRMEDLadies and gentleman Near missed it, this powerful breakout from the most talked-loved-hated cryptocurrency out there. I can confirm the breakout, with a positive volume and (my sources) are Bullish finally. Payday for the holders, a lot of action for day traders, war formation for marginals :) In Ripple better trade with 20% SL and no TP (this is not an advice). Consider my previous charts on XRP updated with the last. MMM (Make Motherf.ckin Money) Invest your money wisely, do it now.
Long
by DeFontain
2
XRP takes off for a colossal technical liftoff eyeing $2.3Ripple finally embraced the vital support at $1.3, allowing bulls to take the mantle. The bullish leg extended above the 50 Simple Moving Average (SMA) on the four-hour chart near $1.5, further cementing the bull’s presence in the market. Last week’s resistance at $1.6 seems to have bolstered XRP beyond $1.7. At the time of writing, Ripple is exchanging hands at $1.7, following a 17% growth in the last 24 hours. The cross-border token has attracted a $15 billion trading volume across all platforms and boasts $78 billion in market capitalization. XRP is working toward reclaiming the fourth spot by unseating Dogecoin. Ripple rally toward o$2.3 builds momentum An ascending triangle formed on the four-hour chart is a massive bullish signal. This pattern develops during an uptrend and signifies the continuation of the previous trend. A couple of trend lines make the pattern, connecting the relatively equal peaks and the ascending lows. The horizontal line (x-axis) shows that sellers gradually lose traction while the hypotenuse shines a light on a strengthening bullish outlook. A final break past the x-axis usually culminates in a significant upswing. The breakout is characterized by an increase in volume and has an exact target measured from the triangle’s highest to lowest points. The ongoing uptrend seems to have been seconded by the Moving Average Convergence Divergence (MACD) indicator. In addition to entering the positive region, the MACD line has crossed above the signal line, which is a bullish signal. Consequently, the Relative Strength Index (RSI) on the four-hour chart reveals that the slightest resistance path is upward. A break past $2 will likely trigger massive gains to close the gap heading to $2.3. Ripple intraday levels Spot rate: $1.7 Trend: Bullish Volatility: High Support: $1.6 and $1.3 Resistance: $1.75 and $2
BITFINEX:XRPUSDLong
by CoinGape
2
XRP looking to explode in BTC value!!Xrp has pushed up once again to test this long term downtrend resistance and with a big altcoin wide push we are surely able to cut right through this resistance. Aswell Xrp has been showing incredible strength being among top performers in the markets recently even while being suppressed by the SEC. I believe the time is coming for XRP to explode i believe we will beat the SEC case and just that news alone could send XRP to the moon, aswell as every exchange relisting XRP would case a mega tsunami of FOMO. We are currently still 107% away from the 0.2 Long term FIB Level! i think XRP is a great project and crypto in general they have great technology and could be a huge benefit to the cross border payment system and banking system. All just my opinion DYOR and not financial advice!
Long
by JacobR905
1
XRP/BTC Falling Wedge. Timeframe 1 week.The timeframe on the price chart is 1 week. On a large scale, the price has formed a falling wedge. The price is at the resistance of this formation (the resistance of the secondary downtrend). A breakout of this resistance would mean the final reversal of the trend and the fall of the “non-ecological” opposite. It is also necessary to understand that the price before important events can move along the breakout zone of this trend. The chart shows important local support / resistance levels and trend levels, on which the further development of the price movement will depend. Today is 0 4.21 .2021. Updates to previous works for this trading pair. The entry point was set at the minimum price values ​​of the trend immediately before its reversal. Term 1 day. The beginning of the emergence of this trend before the impulse Result + 286% to the resistance zone of the downtrend.
by SpartaBTC
11
XRP sluggish recovery could delay upswing to $2 Ripple stalls short of $1.5 after rebounding from areas around $0.85. Consolidation will likely take precedence based on the prevailing technical picture. Ripple attempted to extend the up leg past $1.5 on Tuesday, but bulls hit a wall at $1.47. A minor correction occurred with the price sliding under the 100 Simple Moving Average (SMA) on the four-hour chart. At the time of writing, XRP trades at $1.39 while bulls battle the immediate moving average resistance. The short-term technical picture brings to light a potential sideways trading action. This follows the Relative Strength Index (RSI) on the four-hour chart stalling slightly under the overbought region. The indicator levels at 60 imply that the tug between the bears and the bulls is at a stalemate. Similarly, the Moving Average Convergence Divergence (MACD) indicator affirms the consolidation period. The indicator assumes a leveling motion in the positive region, thus the possibility of the sideways trading taking over. It is vital to note that the MACD line (blue) has settled above the signal line, which means that buyers still have the upper hand. Therefore, making a confirmed break above $1.4 may validate the uptrend. On the other hand, breaking above $1.5 could trigger more buy orders as speculation mounts for gains beyond $2. On the flip side, another daily close under the 100 SMA could see the overhead pressure mount. On the downside, correction from the current price levels may retest the support at $1.2 if the 50 SMA does little to stop the losses. If push comes to shove, XRP may freefall to $1 and perhaps retest the primary support at $0.85. Ripple intraday levels Spot rate: $1.4 Trend: Sideways trading Volatility: Low Support: $1.2 and $1 Resistance: $1.5
BITFINEX:XRPUSD
by CoinGape
XRP/BTC. Local work. Now is an important momentLocal work on a given trading pair. The timeframe on the price chart is 1 day. On a large scale, the price has formed a falling wedge. Part of it is shown in the graph. The price is at the resistance of this formation (the resistance of the secondary downtrend). A breakout of this resistance would mean the final reversal of the trend and the fall of the “non-ecological” opposite. It is also necessary to understand that the price before major events can move along the breakout zone of this trend. The chart shows important local support / resistance levels and trend levels, on which the further development of the price movement will depend. Today is 0 4.21 .2021. Previous work updates for this trading pair. The entry point was given at the minimum price values of the trend just before its reversal. Timeframe 1 day. The beginning of the emergence of this trend before the impulse Result +286% to the resistance zone of the downtrend. Larger timeframe. 1 week. XRP / BTC Falling Wedge.
by SpartaBTC
6
XRP, Ripple - when to buy❓The best scenario for Ripple: we'll make a sharp re-low of the key level and start to build a range near to the resistance line. If it happens, it will be a great breakout pattern. Now I don't see an entry point for buying. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
by Yuriy_Bishko
20
XRP commences bullish comeback toward $2 Ripple resumes uptrend as bulls shift their focus from defense to hitting highs above $2. The MACD and other short-term technical levels hint at the uptrend catching momentum. XRP must hold the price above $1.4 to sustain the price action heading to $2. Ripple trades at $1.41 following a 10% gain in 24 hours. The cross-border token has consistently rebounded from the support at $1.12. Earlier this week, XRP was rejected marginally above $1.5. Therefore, this is a second attempt to break the barriers toward $2. Ripple’s technical breakout builds momentum The four-hour chart has brought into light a descending parallel channel. The pattern has controlled the downward price action since the rejection ranges close to $2. The channel’s lower boundary support played a crucial role in stopping losses from extending under $1. Moreover, Ripple held onto the middle boundary, as discussed on Tuesday. The support allowed buyers to concentrate on lifting above the upper boundary resistance. In the meantime, Ripple has crossed above the channel’s hurdle as well as the 100 Simple Moving Average (SMA). On the upside, Ripple bulls have a task to sustain the uptrend above $1.4 and to close the day above the 50 SMA resistance. Here, more buyers would be called into the market as speculation builds for an upswing beyond $2. Other technical indicators such as the Moving Average Convergence Divergence (MACD) reinforce the bullish comeback by recovering the ground toward the mean line (0.00). Crossing into the positive region will be a powerful bullish signal. The MACD line has already crossed above the signal line, adding credence to the narrative. Ripple intraday levels Spot rate: $1.41 Trend: Bullish Volatility: Low Support: $1.4 and $1.12 Resistance: $1.5 and $1.6
BITFINEX:XRPUSDLong
by CoinGape
2
Ripple price falls fast toward $1 as cryptocurrencies bleed Ripple has continued to lose ground from April highs around $1.95 toward $1. Breaking under the descending channel’s middle boundary’s support could trigger massive losses toward $0.9. Ripple was one of the best-performing cryptocurrencies in the first two weeks of April. The cross-border token made giant slides not seen since the breakdown in December when the United States Securities and Exchange Commission (SEC) filed a lawsuit against Ripple Labs and its top executives for selling unregistered tokens to raise funds. Ripple revisits key support areas Ripple suffered a rejection near $2 last week. However, support at $1.6 ensured that the bearish advances were checked while market stability protected. However, volatility swept across the market on Sunday, leaving most investors wrecked. Bitcoin dropped close to $50,000 from highs above $60,000 while Ethereum extended the bearish leg to $2,000. The international remittance token hit lows around $1.12 before a reflex recovery pulled XRP slightly above $1.5. Nonetheless, the entire cryptocurrency market has continued to suffer under the aggressive bears’ hands. Ripple is back to seeking support at $1.2 while holding firmly to the descending channel’s middle boundary support. The 100 Simple Moving Average (SMA) is also in line to prove the much-needed refuge, in turn, averting potential losses toward $1. The Moving Average Convergence Divergence (MACD) indicator affirms that the slightest resistance path is downward. This indicator tracks the asset’s trend and measures its momentum. The MACD line (blue) is stuck under the signal line, adding credence to the bearish outlook. Ripple intraday levels Spot rate: $1.28 Trend: Bearish Volatility: Low Support: 1.2 and the 100 SMA Resistance: $1.4 and the 50 SMA
BITFINEX:XRPUSDShort
by CoinGape
1