XRP Short Term Cup & Handle: LongI don't call patterns such as the cup & handle on such small time-frames!
- But look how beautiful this chart looks (M15)
- Definitely worth noting!
- Lets see if their is another strong upward motion before we go back down...
Why do i see people saying ripple is going to $10.00...
I have TIGHT STOPS labels:
- This is a M15 chart and a SCALP play!
- Lots of selling atm too
STOP 1: Super Tight
- Stop @ ~ 0.000081245
STOP 2: Wider (Higher Risk) - Wait to get in to this position...
- Stop @ ~ 0.000080515
This is a short term SCALP!
- Watch the areas of support / resistance and see how the market reacts!
PRICE TARGET: 0.000084466+
Be careful and watch volatility and price movement!
- Don't FOMO in...
- Lastly be like water! If support breaks we go back down just as fast as we went up...
Rippleforecast
RIPPLE BULLISH TREND REVERSAL SETUPAs you can see from the chart, price breakout and retested a long-term descending wedge in which it was trading.
Price also made a double bottom reversal pattern before it breaks out of the wedge and resistance zone.
Considering that price has now breakout of the trendline of the corrective structure which retested the broken descending trendline, resistance turn support zone, and 61.8 Fib ratio. We are expecting a further bullish move to the next resistance level as projected on the chart.
XRP respecting support zone! XRP continues to oscillate but respected that demand OB perfectly to the tick as we bounced straight out and just recently tested resistance on that sharp move from Bitcoin.
EMAs remain flat but if price could get higher here, we could see them start to curl up, which could help a lot with the bearish sentiment going around.
But we remain in this range so nothing to get excited about just yet but a break of resistance could cause people to FOMO back into XRP for those face melting rallies.
Thanks guys!
XRP (Ripple) Possible Instraday Sell Set Up Well we got here is a descending daily and weekly CTL that has been broken in the last 2 weeks where price has been able to hold above it and form a daily structure and a first possible bullish impulse in a kind of wedge pattern but price s giving us soem bearish sign showin us a multi day rejection to the presented 38% fib leaving a consecutive sussetion of shadow indicating a dominating preassure coming from the sellers in the lower tiemframes so i would like to short it atleast to the bottom of the formed wedge and aim for a 4 to 8% as return t the 0.3770 area
XRP: Another buy opportunity?Looking at the daily, XRP has created a descending triangle which is a continuation pattern of the correction that XRP is currently having. Taking a look at the Fibonacci from XRP's last big bull run to $0.78 the floor of the descending triangle has formed at the 0.62 support line. Assuming that the descending triangle follows a normal pattern, we will see XRP break down below its side-ward support and retest the 0.24 Fibonacci support line.
In addition to this the RSI is teetering right in the middle at a value of 50 showing lack of direction. However when put together with the low volume in the market there is little evidence that XRP will be going toward the upside in the short term.
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XRP cannot pass $0.47 resistance! XRP yet again has gotten smacked down from resistance around the $0.47 mark. We did see it break down from the trendline support but rebounded strongly yesterday as it spiked all the way to the midline of the supply zone and seems to be coming right back down now.
As long as we remain capped below this area, XRP could continue to trend lower.
Thanks guys
XRP couldn't break above supply zone! XRP tried numerous times to get above the sell block after tagging the 50%FIB over the weekend and now we have moved back below. We are currently testing the support of the trendline for the second time now and if we do break lower, the dotted blue line could be the next spot we see.
EMAs look like they are about to crossover bearish again after last weeks bullish cross. Volume also seems to have completely dried up here.
For Ripple to get its legs back, it needs a push past this $0.47 block in order to restest $0.55 & $0.60. Any weakness in Bitcoin could further give Ripple the push it needs here to break this trendline and test lower so keep an eye on this.
Thanks guys
XRP possible break back up to highs?XRP has bounced making a higher low after hitting the previous swing high (dotted line) and is now attempting to break above resistance.
The EMAs have crossed bullish and continue their uptrend BUT the fast-moving EMA is giving hints of stalling up here. We initially tapped the 50% FIB in the supply zone and are curerntly having trouble getting back above. A close above this zone will be bullish and put us back in the range before the break down. A failure to push higher here could results in a move back down to the trendline support.
If we do break down from the trendline, we can clearly see where the POC area is for the next bounce spot around $0.33.
Thanks guys!
Ripple was saved by big brother Bitcoin! XRP was looking bleak over the weekend and might have very well broken down to make lower lows but the Bitcoin pump helped everyone out. Ripple popped all the way back into the large POC resistance area before getting shot back down near the breakout zone.
Check chart for annotations!
Thanks guys
XRP has bounced but could still see $0.33!XRP has bounced after falling to $0.37 but it is having lots of trouble getting through this supply level, which is embedded in a FIB level as well. We have tried a few times and got rejected every time but the fast-moving EMA seems to be leveling off while the other still tries to catch up to price lower. A possible trade can be taken on a break below the EMA + rejection of this resistance level with stop being the high of the first attempt through the supply block.
Always wait for confirmation and how Bitcoin is reacting but this trade could play out on another move lower with R:R setting up nicely.
Thanks guys!
RIPPLE (XRP/USD) - It Could Make The Biggest Drop!As You know from our older post then there was a red box which confirms bearishness if we got a candle close below that. We got a candle close below that area and after the market drop, we came down pretty heavily.
Currently, the price has stopped on the counter trendline which is pulled from the peak. This is not much a confirmation because of this trendline is too sharp but still. We have made a new lower low and approaching to the round number $0.4.
As we've mentioned earlier, then this $0.4 area is a pretty significant level: the round number itself has to work as a support and from the peak Ripple has dropped around 50 percent. This 50 percent is usually a good bounce level but currently, we can't say that we get a bounce from there because probably BTC' has ahead another leg down and this move may drop XRP' pretty heavily because recently, Ripple' has made highest gains and now it could make the highest drop but watch it closely and watch Bitcoin closely if it shows moves upwards from supports then XRP' has a good bounce area at $0.4.
If the $0.4 level breaks then the next support would be the major down-trendline since 17.02.2018, depends on the downwards move sharpness, at $0.35.
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Ripple TARGET HIT!!!Ripple finally broke below the support zone it needed to hold. Profit target was hit and 12% was made on this trade. We have bounced on the FIB level so far and we could possibly expect a move back up to resistance before continuing lower again unless buyers step in here and push us back above the supply zone!
However, BTC will dictate the market with its price movement so we must keep an eye on that!
Thanks guys
Ripple long entry zones Im watching two possible areas to long Ripple.
1) a breakout from the ascending triangle up to the resistance from the previous big wedge.
2) MA50 4hr has been very strong support for Ripple, if this support fails and it finds support on the bottom of the channel this will become a good entry zone.
AS ALWAYS, keep any eye on the price of BTC. If bitcoin starts nosediving hard then usually it will void long setups of the entire crypto market in any alt. keep this in mind.
XRP must hold support or else we go back to $0.30XRP continues to trend lower and we fully expect our profit target will get hit in the near futures. After rejecting at the previous SFP, price continues to trend down with the EMAs and people could be looking to long the demand zone below, HOWEVER, we must hold this region or price will drop like a rock back down to the initial break out zone.
Thanks guys
XRP down to our Target zone! XRP has come down nicely to our projected profit target within a few days and one could have taken the majority of their profits on that last swing lower. Stops could have also been moved in profit for this trade to bare no more risk.
Check chart for annotations!
Thanks guys
XRP continues to look weak and could revisit breakout zone! Ripple continues to look weak and after breaking below the supply zone and finding resistance at the trendline , XRP might want to revisit the demand zone below! This, of course, can be negated if we get higher and close above the trendline but more importantly the resistance zone.
Check chart for annotations!
Thanks guys
Ripple is ready for 2nd wave downXRP is moving in upward channel. It's pullback for accumulation of positions for big players.
The price always makes 2nd wave After such thing
That's why I think it will continue to move down.
Near 0.43 we can buy Ripple.
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Write in comment, What do you think about Ripple's future?
XRP trying to resume its run if it can breakout here! Ripple continues to remain pegged down by this supply zone and the EMAs as it tries to break out from that descending trendline. The lower trendline has been adjusted and we can see that it has tested near it multiple times and is now attempting to break past resistance and make its way back to the FIB level or the supply zone above.
MACD seems to be signaling bull action as both signal line and histo are trending bullish as of now while RSI found support after breaking resistance and continues to trend upwards. We are also still sitting at a major POC area so until we break out of this, we will continue to bounce around.
If Bitcoin does break higher here, we can see relief for altcoins including Ripple so keep an eye on that!
Thanks guys
XRP - Stuck in a range! XRP has been bouncing around this range tagging both sides numerous times without finding any interest of breaking out. We have currently tagged the upper trendline and lower trendline multiple times as we continue to expand as we move forward, which is called a megaphone pattern. If this pattern continues to play out, volatility will continue to increase as we move along.
MACD continues to slide lower here as the signal line will soon join the histo in negative territory while the RSI continues to get rejected at resistance after failing to break higher!
We currently remain in a no-trade zone as we await some type of volatility.
Thanks guys!
XRP - Last HOORAH?!Ripple broke past resistance this weekend testing areas of supply before getting rejected at previous SFP highs and moving back down into once a resistance zone. There wasn't much volume on that move up but the rejection volume down into the support level did garner a rise in volume but held for now. This zone is key for any XRP move upwards as a break from this zone would cause a retest of the lower demand areas near $0.46. Break of the $0.437 areas could cause the price to make a full retreat back down to $0.39 however, we don't see that happening unless Bitcoin wets the bed.
Both metrics for the MACD are hinting bearish so far and the RSI sees to be trending sideways and hasn't given a clear indication of direction yet. Price is currently finding hard to remain above the 1.618%FIB level and a close below here could spell a revisit of the demand zone below.
Possible safe short scalp would be a break and retest of this demand zone all the way down to the FIB zone test on the last move down. Any longs would only be considered if we could get back above the $0.58 area.
Thanks guys!
Ripple forming a continuation patternThe last update dictated that a move to 50 cents was highly probable. Which happened.
I also indicated that if we broke this gold trend line we would go much higher. Which happened.
I outlined that a re-entry point would be in the 48-49 cent area, a retest of that support area and large trendline. Which happened.
Folks, now we are forming this large consolidation triangle as we move up. If we continue to form this pattern and it validates it to the upside, we will see $1 in the near future.
We have been long since 30-33 cents, targetting at least $1.
Here is what I am doing. I do NOT have a sell order at $1. Here is why. BTC and ETH look like they are going to explode to the upside and we go into a nice rally into the end of the year. A lot of technicals point to this and I believe it will happen. This type of bull run will propel ripple past the highs and to overshoot it's previous high's if it starts doing that. if a pattern forms or something changes in the market, I could alter this decision. For now, I like $5 as a target. But the choice is yours on what you want to do.
Happy hodling,
-Sherem