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Rippleforecast

Ripple- New leg down?We all know that Ripple fell about 80% and the reasons for this, so I will not get into details... From the technical point of view, after this spiral down, XRP found some support around 0.16 and a correction has started. Looking at H1 chart we can see that this correction staled at 0.25 zone and we can clearly see a strong resistance here. The rise from 0.16 is in a flag and I expect a new leg down from this cryptocurrency. Confirmation for sellers comes with the price under 0.22 and 0.15 could be the target. Rallies towards 0.25 should be sold and, on the other hand, a break above this resistance would signal a deeper correction and expose 0.30 zone.
BITSTAMP:XRPUSDShort
by Mihai_Iacob
2
How every support is giving long opportunityHey guys and gals, welcome to the new update on XRP coin. Another bad news: Today is another very bad day for XRP as another worst news published that “Coinbase to Suspend XRP Trading Following SEC Suit Against Ripple” Before this, we have seen that the XRP was dumped hard when SEC filed a lawsuit against Ripple a few days back. Traders are taking advantages: Now, the traders are taking every dump as an opportunity to buy the dip. As when the price of this coin reached at $0.22 support they started buying and dumped it again. Then the waited for this $0.22 support to be broken down and now they have again started buying from the $0.17 support. Now there are strong chances that they will dump it again and let the price action move to the most critical support at $0.13 and start buying it from this support again. In the meanwhile the price action has also broken down all simple moving averages with the time period of 25, 50, 100 and 200. Breaking down long-term trendline support: On long term weekly chart, the price action of XRP coin is also breaking down the long-term uptrend line. SMAs on long-term: The price action of XRP coin has broken down 200, 25 and 100 simple moving averages and now breaking down the last support of SMA with the time period of 50. Ichimoku cloud can be broken down: On the same long-term weekly chart, the price action of the XRP coin is also at the support of Ichimoku bearish cloud. If this cloud will be broken down then it can become a very strong resistance for long-term. Conclusion: Even though it can be a really good long opportunity if the price action will be dropped at $0.13 cents, as it is getting pumped from every support, however, the news behind this coin is very bad therefore, if someone tries to buy it at any support he should take care of the stop loss.
BITSTAMP:XRPUSD
by moon333
XRP - Our updated small chart (Bearish outlook)So further to yesterdays idea, the opposite happened. I was expecting an opportunity for the price to break under the triangle and then UP....but it broke UP and it looks ready to storm down.. so, be careful because the 25 cents level can be checked again and likely broken down to even 14 cents. It is what it is guys, don't marry an asset, go in and out...and right now I am totally out of Ripple. Will let you know if something changes.
BITSTAMP:XRPUSDShort
by FX_Professor
5
XRPUSD back at the long-term trendline supportHey friends, hope you are well and welcome to a new update on XRP coin. More than 80% recovery rally: After the news of a lawsuit filed against Ripple, there was a drastic drop in XRP but it has recovered 80% in a single day. On the daily chart, it spiked beyond the $0.22 support but now moved above the $0.31 level and using this level as support. Here the price action of XRP also has good support of daily 200 simple moving average. Simple moving averages on a long-term chart: If we switch on the weekly chart, then the price action of XRP is breaking down the 200 and 25 simple moving averages and spiked upto 50 SMA. Ichimoku cloud: On weekly chart, the priceline has spiked upto the bottom support of Ichimoku bearish cloud and moved up. If this cloud will be broken down again then it can become a very strong and long-term resistance level for the XRP coin. Long-term support: Now, I would like to recall my previous idea with you, that I published back on 21st Oct 2020, when the price action was at the long term up-trendline support and based on the technical analysis I predicted that now from here the price action can start a bullish rally, and finally the priceline of XRP coin rallied more than 230%. Now the price action has again spiked at the same up-trend line support. Therefore if anyone wants to set a stop loss then we can set the stop loss at this level. The stop loss is at $0.26 at the time of writing, but with the movement of candlesticks the stop loss can be changed, it depends where the priceline drops at this trendline. BAT move: On 16 Dec I predicted, that the price action can complete the final leg of bullish BAT. Now the leg has been completed, therefore, we can set our buying and sell targets according to Fibonacci sequence of this pattern as below: Potential reversal or buying zone: $0.3480 to $0. 0.2918 Fibonacci projection or sell zone: $0.4821 to $0.6834 Conclusion: Even though, after the recovery rally, the priceline is above different supports again, but the new behind the XRP coin is too bad. Therefore we need to follow the stop loss strictly.
BITSTAMP:XRPUSDLong
by moon333
3
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 $0.44-0.46 is quite probable . However, this requires the expulsion of all aggressive sellers from the market and gather strength. _________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
10
XRP (RIPPLE) simple analysisXRP / USDT 1- Bullish flag price after breaking out from major descending channel Now price is forming flag pattern which is bullish For this pattern to be successed local support (red color 0.55$-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 🌹
Long
by Babenski
3
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 . ________________________________ 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!
Long
by P_S_trade
12
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. ___________________ 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!
Short
by P_S_trade
7
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.
BITSTAMP:XRPUSDLong
by moon333
2
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.
BITSTAMP:XRPUSDLong
by FX_Professor
3
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
BINANCE:XRPUSDLong
by CoinGape
4