XRP-4h. The target of the sellers has been reached.In 3 days our previous XRP idea completely worked out.
Negative news restored the real price of the coin. The price returned to the range from which it began to grow wildly in November. As you can see, the update of the historical high of BTC allowed XRP buyers to go beyond the falling channel. However, there were not enough forces to continue growing .
Looking at the volume of trades during which the price of XRP fell, we can see that there are interested buyers who are willing to buy in the range of $0.3-0.32 .
Given the positive dynamics of BTC, a short-term growth trend to the range of $0.44-0.46 is quite probable . However, this requires the expulsion of all aggressive sellers from the market and gather strength.
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We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
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Rippleforecast
XRP (RIPPLE) simple analysisXRP / USDT
1- Bullish flag
price after breaking out from major descending channel
Now price is forming flag pattern which is bullish
For this pattern to be successed local support (red color 0.55$-0.56$)should hold and we can see nice impulse toward 0.66$-0.74$ area
2- If this local support failed :
Price will go down to test channel upper trendline
And also 200 EMA (dynamic support in same area)
If price dropped there we can expect a nice bounce
Good luck and happy trading for you all 🌹
XRP-4h. Buyers are approaching the $ 0.74 target.Our previous idea worked out perfectly.
The price turned sharply after the $0.44-.046 test . Buyers broke the correction channel of the fall and showed their aggressive intentions.
A small correction to $ 0.52 will be a great opportunity for investors who did not have time to buy XRP.
The first major target remains at $0.74.
Critical point - $0.5. If buyers fail to keep this mark, sellers can update the local minimum and stay at the $0.38 mark .
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We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!
XRP-4h. Weakness of buyers and the range of $0.44-0.46.XRP was not as strong as everyone expected. Comparing the rebound of XRP on December 13 with other coins, it seems that the interest of big money in the project has decreased significantly.
Buyers managed to keep the level of $0.48. However, the target of our previous idea remains relevant.
The rest of the buyers has been delayed and we hope to activate them at $0.44-0.46.
The alternative scenario will take effect after fixing above $0.52. However, so far there are not enough volumes to break this mark.
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We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!
XRPUSD completing BAT| Upto 134% expectedOn the daily chart, the price action of XRP is completing final leg of bullish BAT and soon it will be reached in potential reversal zone. On breaking down 50 simple moving average the pattern will be more confirmed. There is also a strong support of 200 SMA below the potential reversal zone.
Buying And Sell Targets:
The buying and sell targets as per Fibonacci sequence of BAT pattern should be as below:
Potential reversal or buying zone: $0.3480 to $0. 0.2918
Fibonacci projection or sell zone: $0.4821 to $0.6834
Stop Loss:
The potential reversal zone area that is up to $0.2906 can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per above targets this trade has a profit possibility of 134% and as per the above-mentioned stop loss, the loss possibility is 16.1%.
Note : Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
XRP - The charts never lie, time to start buyingChart is self-explanatory, the unchecked 0.42 level needed to be checked and this is now very closing to happening. At the same time Bitcoin has been rising slowly and steadily.
About the Professor: I have been knocked down by a flu, spent almost all day and night in bed yesterday. 💊😵
It is 04:00am here and the only reason i got up and check the charts is that 2 alarms went off within 15 minutes - Ripple positions took profit at 0.458 and 0,440
Time to start buying Ripple now and hoping to repeat this again but I know from now that it will probably start bouncing up soon slowly and steadily this time.
Ripple breakdown unstoppable, as declines to $3.5 beckon
Ripple’s bearish leg has become stronger after ignoring a possible double-bottom pattern reversal.
XRP/USD losses could extent to $0.35 but the buyer congestion at $0.4 may absorb the selling pressure.
Ripple’s breakdown has been unstoppable ever since it hit a yearly high at $0.82. Selling pressure has continued to rise, shattering key tentative support levels, including $0.7, $0.65, and $0.6. XRP bulls tried to hold the price above $0.5 but they were unsuccessful.
For now, the cross-border token is busy hunting for formidable support but the search is likely to come unrewarded owing to the fact that a possible double-bottom pattern has been ignored. Tentative support held the ground at $0.45 before XRP dipped to $0.44 (prevailing market value).
The bearish narrative appears to have been validated by the Relative Strength Index, as it dives deeper into the oversold area. The bearish leg is poised to continue to $0.4, where buyers will try to force a rebound. However, the breakdown has the potential of reaching the level at $0.35 before a significant recovery comes into play.
It is worth mentioning that the bearish scenario will be thrown out the window if Ripple bounces off the intraday low at $0.43. The impact of the ignored double-bottom pattern may still be present, and perhaps will support recovery, at least above $0.5.
XRP recovery movements are likely to be hampered by the seller congestion at the 200 Simple Moving Average. Further up, the 50 SMA will stand in the way of upward price action eyeing $0.55.
Ripple intraday levels
Spot rate: $0.44
Relative change: -0.25
Percentage change: -5%
Trend: Bearish
Volatility: Low
XRP - Drop to 0.42 seems unstoppableLooks like Santa will give us a present
Price has failed to come back and break the previous support (0.51) thus this is now clearly a sell to previous unchecked support of 0.42.
When it goes there, we will be BUYING, but that's for later now
What can change things? Only major, positive headline news about Ripple.
XRP - Keeps dropping against Bitcoin but for how longSo yeas Ripple drops against the bitcoin, as well as against the dollar.
Soon there will be an opportunity for Ripple to rebound and that will be the moment to consider a reversal (start buying Ripple again).
How do we trade this now? Well we hedge, we buy Bitcoin and we sell some Ripple. This can change in the next 16 to 48 hours (4 to 12 4h candlesticks)
Keep in touch.
XRP- Who likes sideways? 😴For XRP the 49.99 is Bad news
Sorry again my Ripple fanatics; I speak what I see and my output is more on the negative side at this point in time.
The price is under the 0.50 psychological support and I foresee that it can likely drop more.
Why ?
Well first, the AirDROP effect is finished but the price did not rise back up.
Secondly because there is NO volatility (going sideways in a boring way now isn't it?🥱😴 plus we pay swaps and overnight fees on our positions, brokers love that shit)
Thirdly because it all smells fishy right now:
It's kind of like the 'Xmas Special' of the financial markets:
''Ladies and Gents,
This Xmas buy RIPPLE XRP,
the new Bitcoin is here,
banks love it,
come get rich with cryptocurrencies,
don't miss out like you missed on Bitcoin (you can't buy that one no more it's too expensive for skinny ass)
but you still can get the XRP
NOW FOR THE PRICE OF 49.99
(usually items that are sold like that on Xmas season end up being on sale for 20% less after-Xmas sales)
PS. No news is BAD NEWS in this case. What can save Ripple short-term Longs now is only NEWS!
Good Financial Headline News, from banks and institutions, about how Ripple is good and how their bank will use Ripple and how Christine Lagarde and Chucjk Norris are investing in it. Ripple is out of fuel and the fuel in this industry is NEWS..
So, NO NEWS is BAD NEWS in this case.
Ripple is the verge of tumbling from a high cliff
Ripple is on the verge of a breakdown to $0.4 if support at the 200 SMA on the 4-hour chart caves.
XRP/USD is likely to invalidate the downtrend if it closes the day above $0.5 or the 200 SMA.
Ripple is trading under intense overhead pressure, risking a massive freefall back to $0.4. Losing the support at $0.4 was a blow to the progress XRP had made in November. For now, the path of least resistance is downwards, as seen on the 4-hour chart.
The lower boundary of the descending parallel channel appears to be holding the fort for the bulls. However, the Relative Strength Index has reinforced the ongoing bearish momentum. If the indicator hits the oversold area, selling orders are likely to increase significantly.
The 200 Simple Moving Average on the 4-hour chart is also in line to offer immediate support, and buyers must hold this crucial support. Otherwise, XRP/USD could tumble to $0.4 (next tentative support area).
The daily chart also confirms the bearish outlook, suggesting that the next critical support lies at the 50 SMA. Similarly, the RSI is in a sloping motion but has not hit the oversold area yet. This could mean that XRP bears still have enough room to explore before recovery comes into play.
On the other hand, the bearish picture will be invalidated if Ripple closed the day above $0.5. Moreover, the support at the channel’s lower boundary as well as the 200 SMA on the 4-hour would secure the uptrend if they remain intact. The most significant upward movement for XRP would be to overcome the hurdle of $0.6.
Ripple intraday chart
Spot rate: $0.495
Relative change: -0.02
Percentage change: -3.4%
Trend: Bearish
Volatility: High
XRP- Third attempt will be DECISIVE (70%🌄 / 30% 🚽 )XRP- 3rd attempt to break under the 3rd support is crucial 3️⃣3️⃣
We are coming closer to the third (3rd) attempt to break the 0,485 level.
It came close but no touch/check , which is a bullish sign. This gives Buy positions an statistical advantage now.
Third attempts are the ones with the highest probability of succeeding- in this case to break under. (then 6th and 9ths)
Now is a good time to start buying but IF it breaks under the support (0.489) you need to be aware because the 0.40 level will be a magnet pulling the price towards it's level 🧲
XRP (RIPPLE) Airdrop and descending channelXRP/USDT
Hello guys
-The Airdrop news (SPARK token) dumped the price hard last few hours ..this drop short term is expected ( buy the rumors sell the news )
Its normal market behavior no thing to
worry about in long term until now
Now we can see in chart :
-Descending channel is detected clearly
Which is Bullish pattern
-The price rested the upper trendline 5x times
-Price between 50 EMA (dynamic resistance)
And 200 EMA (dynamic support)
-RSI is bullish and show bullish divergence
the most safest approach is to buy only after clear breakout of channel and EMA 50 ...if that ONLY happen according to our strategy we can set a nice buy orders with potential targets 0.7$ short term and more
Good luck and thanks for support ✅😊
XRP - Possible scenarios for investors and punters alikeYou guys drive me NUTS with Ripple. I hope that's not all you guys trade...
I also trade it guys but with a certain % of my funds- and it has been going REALLY WELL for me so far so I want to keep it that way.
Take a look at other ideas too, Copper is a fresh new trade to get on for example . Don't go 'Ripple-nuts', go 'Ripple Carefully' please.
Anyways, you keep asking for it so here we go: 4 SUPPORT LEVELS and the % we calculated (don't ask how, our system took me 11 years to develop and is for sale for 1,000,000$), for each and every scenario.
This time we will take a 'Wild Guess' and dare to make an Out of the Box 'How the Market Will try and Fool Us' prediction of exactly what we think will happen, exclusively for our clients at fxprofessor.
ps. Once and IF the price breaks the 0.79 mark then it's off to 1.41
XRP- Volatility alert (Volatility creates risk and opportunity)XRP has offered us tremendous opportunities to buy and sell and buy with amazing profits. One thing in common is we always study the chart and the first thing we need to identify is VOLATILITY.
After yesterday dip (which we bought nicely and had profits) we are now coming closer to a new round of expected volatility, thus find our updated new chart and beware:
THE 0.40 is as far away as the unchecked 0.40!
We still remain Bullyish and we keep currently a 62% buy 38% sell probability (and positions).
We have cashed profits again yesterday and took profits from 0.50 (we try to keep our best position(s) open and take profit on the second, third, fourth and so one. Yesterday alone we compounded and took profit on 18 positions in total but now is time to go back to keeping our balance and our sell positions are back to create the right equilibrium in our margin, exposure, risk management.
So be aware because there will be opportunities again, to buy or to sell nobody knows but most likely we think it will be a dip and then a time to buy again.