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
Rippleforecast
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...
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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
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 !
XRP commences bullish comeback toward $2
Ripple resumes uptrend as bulls shift their focus from defense to hitting highs above $2.
The MACD and other short-term technical levels hint at the uptrend catching momentum.
XRP must hold the price above $1.4 to sustain the price action heading to $2.
Ripple trades at $1.41 following a 10% gain in 24 hours. The cross-border token has consistently rebounded from the support at $1.12. Earlier this week, XRP was rejected marginally above $1.5. Therefore, this is a second attempt to break the barriers toward $2.
Ripple’s technical breakout builds momentum
The four-hour chart has brought into light a descending parallel channel. The pattern has controlled the downward price action since the rejection ranges close to $2. The channel’s lower boundary support played a crucial role in stopping losses from extending under $1.
Moreover, Ripple held onto the middle boundary, as discussed on Tuesday. The support allowed buyers to concentrate on lifting above the upper boundary resistance. In the meantime, Ripple has crossed above the channel’s hurdle as well as the 100 Simple Moving Average (SMA).
On the upside, Ripple bulls have a task to sustain the uptrend above $1.4 and to close the day above the 50 SMA resistance. Here, more buyers would be called into the market as speculation builds for an upswing beyond $2.
Other technical indicators such as the Moving Average Convergence Divergence (MACD) reinforce the bullish comeback by recovering the ground toward the mean line (0.00). Crossing into the positive region will be a powerful bullish signal. The MACD line has already crossed above the signal line, adding credence to the narrative.
Ripple intraday levels
Spot rate: $1.41
Trend: Bullish
Volatility: Low
Support: $1.4 and $1.12
Resistance: $1.5 and $1.6
Ripple- Buy after the break for 2.1 targetRipple has risen 300% in only 12 trading days, and the cryptocurrency seems determined to make up for the lost time.
From a technical perspective, after reaching 2usd zone, XrpUsd is in a small correction/consolidation and is forming a triangle continuation pattern on smaller TF.
A break of this pattern would signal that the consolidation is over and the measured target is 2.1
XRP bullish comeback meets acute resistance, delaying recovery
Ripple faces resistance at the descending trendline and $0.6.
Declines may come into the picture if the 50 SMA support in the 4-hour chart breaks.
Ripple struggles to hold above the short-term support at $0.55 following a failed attempt to touch $0.6. A descending trendline has capped the immediate upside on the 4-hour chart. XRP is doddering at $0.56 at the time of writing.
The bearish momentum appears to be building while declines beckon toward $0.5. Note that the 50 Simple Moving Average (SMA) is in line to offer support and prevent losses eyeing $0.5 and $0.45, respectively.
In the meantime, the Moving Average Convergence Divergence (MACD) shows a consolidation move could take precedence in the near term. The MACD is horizontal within the positive region, hence the bullish inclination. Ripple will remain in the no-trade zone if technical levels remain unchanged.
On the upside, a break above the descending trendline would see bulls shift the focus to $0.6. Similarly, the price action above this level could be massive due to speculation bound to rise. Recently, XRP tested the seller congestion at $0.65, which, if broken, may elevate the cross-border token toward $0.75.
On the downside, losses will extend to the support highlighted by the 100 SMA at $0.5 but may stretch to $0.45. It is essential to wait for a confirmed breakout or breakout before increase or decreasing your XRP position. In other words, trades must be aware of the ongoing sideways trading.
Ripple intraday levels
Spot rate: $0.56
Trend: Sideways trading
Volatility: Low
Support: 50 SMA on the 4-hour chart, $0.5 and $0.45
Resistance: $0.6 and $0.65