💡Don't miss the great buy opportunity in XRPBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (740).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XRPBTC is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 54.
Take Profits:
TP1= @ 1000
TP2= @ 1200
TP3= @ 1360
TP4= @ 1570
TP5= @ 1870
TP6= @ 2220
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Ripplebtc
Ripple price move closer to a 20% upswing
Ripple is on the verge of a massive move if a technical pattern on the 4-hour chart matures.
XRP must settle above $0.5 to come out of the woods, focusing on higher levels toward $0.6.
Ripple has been among the digital assets that managed to comfortably weather down the widespread declines at the beginning of this week. The cross-border token corrected toward $0.4 but established robust support.
An immediate recovery took place with XRP jumping above two key levels at $0.45 and $0.5. XRP traded a weekly high at $0.532, but a correction ensued, forcing bulls to seek support at $0.45.
In the meantime, Ripple is trading at $0.47 amid a renewed uptrend. Its immediate downside is protected by the 50 Simple Moving Average (SMA) and the 100 SMA on the 4-hour chart. On the upside, eyes are glued on breaking the hurdle at $0.5 and hopefully kick start the journey to $0.6.
Simultaneously, a double bottom pattern has recently been formed on the 4-hour chart. The pattern is very bullish and comes into the picture when an asset price dips to the support level twice but is separated by a sharp peak. As the price approached the support for the second time, the downtrend fizzles out, and bulls aggressively rush in to take over control.
Double bottom patterns have precise breakout targets, measured from the neckline to the bottom point. A breakout is anticipated when the price slices through the neckline. For instance, Ripple eyes a 20% upswing toward $0.6.
Ripple intraday levels
Spot rate: $0.473
Relative change: 0.0123
Percentage change: 2.7%
Trend: Bullish
Volatility: Low
XRP/BTC - Ready For Altseason? Hi, we are in a beautiful triangle right now and we saw yesterday that the support level 742 held very well. Today we got a big push from the support level and if we break the trendline in the next couple of days, then we are ready to takeoff. We are going to see XRP outperforming BTC in coming weeks with RSI around 30, it indicates that XRP is oversold and undervalued. So be patient and don’t panic 🙌🏼
XRP - Buy The Dip Hi, I updated you last week about the most important trendline. We have now backtested the trendline multiple times + we have also a beautiful uptrend that held very well. SMA50 and SMA100 helped us to recover from the support level $0,40 and I think we are going to see a bullish momentum in the next couple of days. I expect we are going to do the same structure as before to break the resistances $0.63 and $0.75. We need that 🙌🏼 Be patient and don’t panic 🚀
Ripple retests crucial support ready for 14% upswing
Ripple faces challenging barriers toward $0.5, but a technical breakout is still in the offing.
A golden cross pattern will signify the return of the bulls in the market.
The MACD indicator signals the possibility of consolidation taking precedence in the short-term.
Ripple’s bulls are focused on recovery despite the lethargic price action across the cryptocurrency market. A recent swing north failed to complete the leg to $0.5, hitting a barrier at $0.47. The correction that ensued tested the support at $0.44, poking the buyers on the sidelines to jump in and push for higher levels.
The cross-border cryptocurrency is exchanging hands at $0.45 at writing. On Wednesday, the bullish action stalled at $0.46, forcing the price to retest the inverted head-and-shoulders (H&S) pattern’s neckline.
A reversal is expected in the near-term because the bullish H&S pattern still has a 14% target of $0.51. Note that a bounce from the neckline support is regarded as bullish in technical analysis and could boost XRP significantly upwards.
The hourly chart shows the possibility of a golden cross pattern forming in the short-term. This pattern comes into the picture when a shorter-term moving average crosses above the longer-term moving average. For example, the 50 SMA is about to cross above the 200 SMA.
Bulls have to focus on sustaining the price above $0.45 to focus on breaking above the hurdles at $0.45 and $0.5. The impact of the inverted H&S pattern is still apparent. Therefore, the least resistance path is upwards.
The Relative Strength Index (RSI) brings to light the possibility of consolidation taking precedence before the breakout occurs. The same sideways trading is echoed by the Moving Average Convergence Divergence (MACD), as it levels marginally above the midline.
Ripple intraday levels
Spot rate: $0.448
Relative change: -0.00034
Percentage change: 0.1%
Trend: Short-term bearish bias
Volatility: Low
Deciphering XRPUSDSeems to be a lot of correlations between RSI and price on XRPUSD
However it can be seen that there is a recent disconnect, with a head and shoulders pattern favored on the indicator
It is likely that this disconnect will allow the freedom of price relative to RSI to continue
No more direct correlation possibly
XRP is in a weird situation, however, it does have longevity, with bank integration and instant payment processors, potential can be seen.
I am long this coin based on the previous knowledge and how damn cheap it is.
XRP draws closer to 30% downswing amid deteriorating technicals
Ripple rejected at $0.45, abandoning a potential triangle breakout to $0.575.
A breakdown to $0.3 is anticipated, especially if the triangle pattern's lower trendline is shattered.
Ripple's uptrend was recently cut short under $0.45. Before the recovery, the cross-border cryptocurrency has established support at $0.4. A correction has come into play, forcing XRP to abandon a potential spike to highs around $0.575.
The international money remittance token is exchanging hands at $0.42 at the time of writing. Buyers are focused on keeping the price above $0.4. However, if the price slices through this area, massive losses will be triggered, primarily because of the formation of a symmetrical triangle pattern on the 4-hour chart.
The chart pattern is created by converging a couple of trendlines, linking sequential declining peaks and troughs. Generally, the trendlines are supposed to cross at an approximately equal slope. The formation brings to light a period of consolidation ahead of either a breakout or a breakdown.
A breakdown occurs under an ascending trendline and identifies the commencement of a downtrend. On the other hand, a breakout happens at the descending trendline and indicates the start of a bullish trend. Symmetrical patterns tend to have precise price targets for the breakout or breakdown, mainly measured from the highest point to the pattern's lowest point.
Therefore, Ripple will drop by 30% if the lower trendline is smashed. A spike in volume usually confirms a breakdown. The downswing also tends to be rapid and must, therefore, be timed accurately to make the most out of the move. Note that traders must way for confirmation to avoid false breakdowns.
On the flip side, the downswing may be ignored if XRP holds above $0.42, ignoring the triangle breakdown. Moreover, trading above the upper trendline will catapult Ripple 30% to $0.575 and perhaps jumpstart the breakout to $1.
Ripple intraday levels
Spot rate: $0.428
Relative change: -018
Percentage change: -4
Trend: Bearish
Volatility: Low
XRP prepares for massive swing to $0.65 as technical improve
Ripple rebounds after support at $0.37; all eyes target $0.65 in the near-term.
The improving technical picture suggests that bulls are back in control.
If the immediate resistance at $0.5 is not broken, XRP may embark on the breakdown to $0.35.
Ripple dropped like a dead weight in the air amid the declines on Monday and Tuesday. The widespread losses left no stone unturned, with the majority of cryptocurrencies posting double-digital losses. XPP could not secure support and the 200 Simple Moving Average (SMA) on the 4-hour chart, culminating in losses under $0.4.
Before the ongoing rebound, the cross-border cryptocurrency established support at $0.37. The high congestion of buyers at this level paved the way for gains above $0.4 and the 200 SMA. Currently, XRP is dancing at $0.49 after stepping above the 50% Fibonacci retracement level taken between the last swing high of $0.66 to a low of $0.36.
A comprehensive glance upwards shows that Ripple bulls are looking forward to breaking the confluence resistance around $0.525, formed by the 61.8% Fibo, the 100 SMA, and the 50 SMA on the 4-hour chart.
The bullish narrative has been reinforced by the Relative Strength Index (RSI) as it heads towards the midline. A break above 50 would encourage more buyers to join or increase their positions in the international money transfer token. Note that trading above $0.525 could trigger massive buy orders, creating enough volume to support an upswing to $0.65.
It is worth keeping in mind that XRP’s expected rally to $0.65 may fail to occur if the short-term resistance at $0.5 remains intact. A correction from current levels will retest the support at 200 SMA. If push comes to shove, the bearish leg will extend to $0.37 (recent support) and $0.35, respectively.
Ripple intraday levels
Spot rate: $0.49
Relative change: 0.02
Percentage change: 4.5%
Trend: Bullish
Volatility: Low
RIPPLE (XRPUSDT/XRPBTC) Daily Trade Setups 2021/02/20Hi guys! I will be sharing the trades that I take in real time, follow to see how my trades work out!
If you like this post, please support me by clicking the like and follow buttons. Also feel free to share your thoughts and analysis in the comments below!
And don’t forget to check out my daily analysis on Bitcoin, Ethereum, and Altcoins!
Trade Setups
Below are the potential trade setups that I would be interested in trading:
XRPBTC
Short Trade Setup #1: Retest and Continuation (200MAs)
1. Price Action: Price needs to move back up to the 200MAs, currently projected to be @ 1100 Sats by the time price reaches it, and bounce back down.
2. Trade Entry Confirmations: Bearish candlestick pattern, above average volume, MACD topping out
Long Trade Setup #1: False Breakdown
1. Price Action: Price breaks below the then rapidly climbs above 950 Sats, forming a bear trap
2. Trade Entry Confirmations: A breakdown candlestick followed by a reclaiming candlestick, above average volume on both breakdown candle and reclaiming candle, MACD bottoming
About Me
I started trading in 2008, first got introduced to bitcoin in 2009, and have been actively trading cryptocurrencies since 2016.
I have worked on Wall Street trading bonds, stocks, and options.
I have taken hundreds of live trades, each recorded with over 50 data points, all meticulously analyzed, using data analysis and modeling to optimize win probability and risk reward.
Why Follow Me
Daily analysis on the latest market movements and price zones for high probability trade setups.
Sharing of live trades that I take.
A great place to help each other, learn from each other, and grow together.
Trading education including a comprehensive cryptocurrency trading eBook, personal advice, and other educational materials
Constantly testing and adding new trading strategies and refining battle-tested ones.
DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I will not be responsible for any actions you take based on the analysis and comments that I provide. I am simply sharing what I am doing, and is not meant to be investment or trading advice. What you choose to do with the information that I provide is your own sole responsibility! The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk!
Please support me by liking and following, and sharing your ideas and analysis in the comments! Thanks!
XRP- Time to enter again? 💸Hi guys,
my main concern here is not to be a top author although it is a cool feeling.
In November/December I was actually Top Author on Ripple but then i gradually just stopped posting XRP ideas.. you see, my main concern here is to be useful and appreciated. 🙇♂️
At the same time I had mostly 'bad news' mostly and some people take ideas 'against their investment' in a negative way.
Noe let's get on the chart:
Ripple showing some momentum and i believe it has the potential ow to test the 0,80 dollar mark.
Given that new started coming out from SEC we could expect some (hopefully) good news and a boost on the price. Everything else is doing well, maybe Ripple is next to 'fly'?
Remember: I had bought and sold at a perfect price . I have now bought a bit more again. So expect more posts to follow ☺️
One love,
the FXPROFESSOR
XRP/BTC - Do X?Hello dear friends.
The XPR / BTC pair is under consideration.
I was waiting for this moment for the price to be lowered to this level and to give you a good buy recommendation.
Because I expect growth to take place. Ripple is a pump coin, therefore, with good news, they will launch it to the moon. Accordingly, there will be profit in this pair.
Cluster analysis indicates volume. I showed you the support zone on the chart.
Now there is an accumulation of positions by the market maker, it can be seen from the support and resistance levels.
RSI - at minimum values.
Target - on the chart.
Best buy zone - 995-1035sat.
❗️❗️❗️More Trading Charts here: (LINK IN DESCRIPTION)❗️❗️❗️
This Channel is not financial advise, It's My opinion and My observation: @opptrade
❗️❗️❗️Disclamer:❗️❗️❗️
Dear friends, traders.
My trading ideas here are not financial advice or coercion into action. I am not responsible for your trading and how you follow all aspects of correct trading.
- I do not recommend that you trade AT ALL if you do not know what risk management is, money management.
- I do not recommend that you trade without a STOP LOSS.
- And I'm not responsible for your "make millions of dollars fast" gag
- I am only showing you the charts that suit me for certain positions.
- For each position - RESPONSIBILITY LIES ON YOU.
If you don't use all of the above, your deposit will soon become $ 0
- Therefore, if you decide to follow my positions - Take responsibility for where the bad outcome may be.
In time, i to bee wrong too, and have a loss.
But with the correct observance of the indicated points, which trade with me others traders - they earn (NOT IN A DAY, but in the medium, long term)
I am only showing you how this or that scenario can work in trading.
For all your actions, only you are responsible.
💠💠💠I am not a scammer and I am concerned about your trade.💠💠💠
XRP Sell a break setup.XRPUSDT - Intraday - We look to Sell a break of 0.5088 (stop at 0.5353)
Short term bias is bearish.
Short term RSI has turned negative.
We look for losses to be extended today.
Our outlook is bearish.
A break of 0.5100 is needed to confirm follow through negative momentum.
A higher correction is expected.
Our profit targets will be 0.4307 and 0.4108
Resistance: 0.5600 / 0.6000 / 0.6200
Support: 0.5100 / 0.4700 / 0.4250
Beware of 0,67Ripple is currently a category on it's own.
Don't hate me for not having the best of ideas for this project.. a project that the owners keep a huge part of the coins for themselves.. a project with 50 billion coins in supply.. and some investors thinking this can ever go to 500 dollars or a thousand. It can go to 2 dollars if things go well with SEC. Reality check and my apoogies.
Ripple Prepares for Massive ShreddingI usually pay no mind to XRP but since BTC was so terribly slow today, I found myself with a little free time, so here we are.
This is a long term outlook based solely on Elliott Wave theory. After Ripple’s March 2020 swing low near $0.10, the market delivered a Leading Diagonal formation which produced a super deep Wave 2 correction.
Leading Diagonals (not including internal Zig Zag diagonals) give us the signal of directional change. With Leading Diagonals we can also expect a strong, possibly extended Wave 3.
Considering the relationship between Waves 2 and 4, with W2 being supremely deep, we can expect W4 to be much more shallow (and less frightening.
Granted, this is a long term outlook - all rules remain the same. Maybe it’ll be late 2021, maybe it’ll be early 2022 but Ripple looks to plant an All Time High near $10, in due time.
Currently under $0.40, this may sound like an absurd prediction. Elliott Fiinacci don’t lie though 😊.
Before Ripple takes off for the sky, the ABC correction for Wave 2 of 3rd must be completed. It also looks to be a very deep correction (expecting sub $0.30). See my prediction for this correction below.
Trade wisely.
Play it safe or play it smart.
XRPBTC / Ripple in danger zone!Hi guys, if you like this post, please support me by clicking the like and follow buttons and by leaving a comment! Thanks!
XRPBTC has been rejected from the confluence level of 200MAs and S&R Flip. Looks very dangerous here as price could collapse from here.
While it's possible XRP rallies again, the downside risk has increased significantly. There are much better risk reward alts.