Rippleforecast
XRP, Ripple - 2 ways of movement⏳Four times price touched the local resistance line. But we didn't see a breakout. Now I see 2 scenarios:
1) Squeezing to the level. If the price starts to do it, it will be a great chance to buy after breakout and retest with sl.
2) Make re-low. If we do it quickly, it will be a big opportunity to bounce from the last low (0,6469).
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
XRP, Ripple - look when I bought and what I'm waiting forI opened a buy position in 0.68. It was a great time to buy because of dramatically dropping in the whole market. With this drop, we showed how strong the zone 0.2- 0.6 is. On the chart, u can see a big accumulation there. Now I keep hold and wait for growth to 1.2 zones. Let's see what happened. I'm willing on another scenario. It's market and I'm not God
Write in the comments all your questions and instrument 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
XRP price tiptoes above $1Ripple intends to deal with high gas fees in the non-fungible token (NFT) marketplaces. Despite the NFT flooding the cryptocurrency space headlines, especially in the first quarter of 2021, high gas fees have almost crippled the sector.
The drastic rise in the NFT culture is a story to reckon with; however, users are forces to accept dwindling interest due to the challenging process of transferring ownership.
On the brighter side, Ripple has made public the plan to combat the challenge by integrating the NFT marketplaces on the XRP Ledger. The development will favor both buyers and sellers in the relatively new sector. Moreover, the integration is a welcome for all, keeping in mind that the novel consensus XRPL uses to validate transactions utilizes minimal amounts of energy. According to a statement from the blockchain company:
“Building on the XRP Ledger provides developers a unique opportunity to run more sustainable NFT apps and marketplaces while eliminating a heavy burden for the planet.”
Ripple price rises above $1
Ripple had on Tuesday corrected from levels marginally above $1 after bulls ran out of steam to continue with the uptrend trailing from the primary support at $0.65. Higher buyer congestion at $0.9 ensured that focus remained on recovery; hence, the liftoff above $1.
The Moving Average Convergence Divergence (MACD) indicator validates the prevailing uptrend as it closes the gap to the zero line (0.00). Besides, the MACD keeps widening the divergence above the signal line, affirming the bullish grip.
Similarly, the Relative Strength Index (RSI) has a bullish outlook based on its movement from the oversold area toward the overbought region. On the upside, XRP must deal with the resistance at the 50 Simple Moving Average (SMA), which will allow bulls to gaze at higher levels around $1.4.
Ripple intraday levels
Spot rate: $1
Trend: Bullish
Volatility: Low
Support: $0.9 and $0.8
Resistance: the 50 SMA, $1.2 and $1.4
XRP retesting supportRipple is retesting support at 0.6367 level. We can observe it to respect that price and bouncing of of it. This level represents top of triangle we were talking about in March this year.
On top of that XRP is forming a channel so there is a chance for nice pull back.
Ichimoku: Chikou under price, SS1 under SS2 plus we experienced massive drop below Kumo, retest and further fall.
Personally I took my chances and Bought at the retest and hoping for at least temporary growth. Hopefully Crypto will recover and we well have another move up.
Short term Short opportunity for XRPXRP is moving south again and going by the chart, it is heading towards point E on the chart.
This is would be end of the cycle and XRP should bounce off point E and then breaking the upper part of the triangle.
What would be interesting to see if it will be able to break the Resistance at $1. If it does then its good sign. however it looks unlikely.
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Note - These are my personal notes and in no way a financial advice. Do your own research and Trade wisely
XRP, Ripple - false breakout has happened. What's next?Yesterday, the price made a false breakout oh key level 0.8883 and bounced from it. Now the best scenario for Ripple is building a local trendline with squeezing to it. If it happens, it will be a good pattern for a breakout.
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
Xrpusdt Waiting For Breakout Hi guys
Welcome to the new idea of ripple in which we will discuss the future of ripple.
Future seems clear it will go to new highs soon.
Currently it is in the symmetrical triangle and we are seeing the breakout soon.
If you want to do scalp trading inside the symmetrical triangle then
Buy : 1.35-1.45
Sell : 1.55-60
If you want to hold for long term then
Buy : Now
Sell : 1.80+2+3+5+10
Currently BTC conditions not looking good due to which xrp is not showing it's strength but compared to other alts it is still strong and bullish.
Hope you like it and show some appreciation
Thank you
Have a nice day!
Ripple- 2.5 is the technical targetThis correction for Bitcoin found Ripple consolidating, if we look at the bigger picture, and every new low for Btc had a higher low correspondent in ripples' case.
If we were to make an analogy with recent development in Eth price, we can expect a similar outcome...
In my opinion, with selling power lifted from BTC, a break of triangle's resistance is imminent and 2.5 is the technical target
1.2 si very strong support at this moment
💡Don't miss the great buy opportunity in XRPUSD @Ripple
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.4485).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XRPUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 53.
Take Profits:
TP1= @ 1.6361
TP2= @ 1.7649
TP3= @ 1.9619
TP4= @ 2.0798
TP5= @ 2.6238
SL= Break below S2
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Ripple price firmly holds crucial support as $2 beckons Ripple once again lost steam during an approach to $1.6. A correction began on Wednesday as bears put pressure on the support areas at $1.5 and $1.4, respectively. The news that Tesla had suspended Bitcoin payments for its electric vehicles sent the market in bloodshed led by BTC’s drop under $50,000.
Ripple could resume uptrend toward $2
The retreat from highs close to $1.6 embraced an anchor at $1.33, reinforced by the 50-day Simple Moving Average (SMA). This anchor brought back some semblance of stability in the market and prevented Ripple from exploring levels toward $1.
At the time of writing, XRP trades at $1.35 after bouncing off the critical support. On the upside, a delay is expected at $1.4, but once the hurdle is broken, Ripple bulls may start lifting to higher levels.
The Relative Strength Index (RSI) reveals that the bullish grip is becoming stronger. This move comes after the trend strength indicator bounced off support at 45 and is currently moving to the midline. A continued movement toward the overbought region would affirm to the investors that the slightest resistance path is upward.
It is worth mentioning that Ripple is not out of the woods yet based on the Moving Average Convergence Divergence (MACD). For instance, the MACD line’s divergence under the signal line keeps widening, insinuating that the bearish outlook is apparent. Therefore, it calls for caution and waiting for a validated break before going all-in on XRP.
Ripple intraday levels
Spot rate: $1.35
Trend: Bullish
Volatility: Low
Support: $1.33, $1.2 and $1
Resistance: $1.4, $1.6 and $1.8
XRP selling slows down while buyers make a comebackRipple appears to have renewed the uptrend following the flash drop from $1.6 to $1.2. Overhead pressure seems to be diminishing as bulls take control. Several hurdles have already been overcome, whereby XRP currently trades at $1.52.
Ripple’s slightest resistance path is upward
The cross-border money transfer token is immediately supported by the 100 Simple Moving Average (SMA). Other key support levels include the 200 SMA, $1.4, and $1.2. As long as support areas remain intact, bulls will have ample time to focus on building the bullish momentum toward $2.
Meanwhile, Ripple’s immediate upside is limited by the 50 SMA. A confirmed break above this level is needed to reinforce the upswing eyeing levels above $1.6.
Various technical levels have aligned for an upswing to $2. For instance, the Relative Strength Index (RSI) shines a light on an improving bullish grip. Following the dip to the oversold region, the RSI recovered above the midline and imminently headed to the overbought area. XRP has enough room for growth because it is nowhere near overbought conditions.
The Moving Average Convergence Divergence (MACD) hints at the ongoing uptrend pulling to higher levels. This bullish impulse has come into the picture as the indicator begins recovering from the negative region.
Investors are likely to increase their positions in Ripple if the MACD line (blue) crosses and sustains a divergence past the signal line. Moreover, it is a massive bullish signal when the MACD strikes above the mean line (0.00).
Ripple intraday levels
Spot rate: $1.52
Trend: Bullish
Volatility: Growing
Support: 100 SMA, $1.4 and $1.2
Resistance: 50 SMA, $1.6
RIPPLE CORRECTIONRipple is currently completing its last corrective wave iv of 3. The end of wave (C) will also make a retest to the ascending channel from which price broke out. This retracement can be expected to be around 50% of the lower degree impulsive wave iii.
Good buying price would be around $1.00/XRP, my target after this correction is $12
XRP, Ripple - wooow, only buy🔥A few days ago I showed you that the price is near a level. I was waiting for a breakout and retest and it happened. Now is a good entry point. But as always with the stop boss. One of the strongest reasons why I expect growth, is the large accumulation in the zone of $1.3 - $1.5 several times. Let's see what happens next...
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
4HR $XRP with 3 take profitseverything pointing up, trade within the trend line going up. if it breaks of course this is not confirmed anymore. 3 take profit zones
this has consolidated and held at support for sometime
once the Doge coin pump is over i guarantee you all the profits are flowing into other alt coins, tiktok and twitter trades do not take profits lmfao
XRP when M00n ?so let's sit and see where XRP will go on his next move while the King is starting to be strong again. XRP could easily reach 10$ at the end of this cycle or much more, anyone knows, time will speak. Like Fibonnacci said " Everything goes up have to go down ", according to this rule the way up could be followed by some retracements, just the basic way of traders life.
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Trading Parts :
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Take Profits Zones :
- Tp1 : 2.5$
- Tp2 : 3.5$ (2017 Bull Run ATH)
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Retracement Buy zone :
- 1$ Starting to become a good support
- 0.75 Strong support on EMA100
- 0.60 When XRP reach back this Zone it's a free gift. All in.
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Like always trade safe and Watchout for the King Moves !
Happy Tr4Ding !