Rippleforecast
XRP 12h What's closer to your heart? Buy at0.27$ or sell at1.20$Today we will look at a possible scenario of XRPUSDT movement on a large time frame, as our previous short-term XRPUSD idea gained more popularity.
The previous idea, albeit with difficulties, nevertheless reached the target of $0.60 and even slightly higher.
Then a strong coin fall awaited us, the main trigger, of course, was the fall in BTC
The fall was more than 40% and, unfortunately, the exchanges liquidated most of the long positions in those who like margin trading without stops. Don't trade like that ...!
If we look at the picture globally, we can see the big consolidation in the triangle, which started back in November last year. T he upper border of this triangle passes somewhere through $0.73-0.74 , if the price can gain a foothold above, then we will face growth in the XRPUSD pair
However, if you look in more detail, we will see that this month the XRPUSDT price tried to break up the $0.57-0.63 zone three times, but the buyers were defeated.
If they do not break up and from the fourth time, then buyers may completely surrender, and this may entail a fall in price to $0.27
Therefore, be careful and sensible when trading Ripple
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Ripple Is Set To Rip Hearts AwayMy last short term Ripple idea was a bit off key but the larger analysis remains in tact for the most part. The current Leading Diagonal formation is promised to have an extremely deep retracement. To find out the exact target of the super sized zig-zag, we can simply apply the Fibonacci tool to the A wave down (big drop on the red wave)
--- oops, the fib tool doesn't show on 'ideas' for whatever reason ;(
A zig zag typically has the following targets for the ending C wave:
100% of A
1.618 of A
.618 of A
Also, C wave mostly always goes beyond the bottom (or top) of the A wave. Considering the height of the B wave (current up wave in also in red), C very likely will NOT end at the .618 target (as it won't be below A). The difference between 100% and 1.618% is literally like 2 cents. Either way, the next big target will be below .30, likely below .25 as well.
The rebound will push Ripple over $1.00 and beyond.
#BuyTheFear
Beware of 0,67Ripple is currently a category on it's own.
Don't hate me for not having the best of ideas for this project.. a project that the owners keep a huge part of the coins for themselves.. a project with 50 billion coins in supply.. and some investors thinking this can ever go to 500 dollars or a thousand. It can go to 2 dollars if things go well with SEC. Reality check and my apoogies.
Ripple XRP on it's way but slowly The momentum built up but slowly. We will reach the $0.55 soon, could be tonight or tomorrow, but I believe a resistance at that level is going to force XRP to re-visit the $0.50 again before the momentum built up again towards the $0.60. At that point the $0.55c becoming the new support line. A revisit of the $0.55 is necessary for the road to $0.70 to be open. This process it could take 2 weeks or less. Just a note that all major Crypto have reach a level of saturation almost, so be careful. The major support line now as is $0.48, Next $0.44500, Next $0.40 Remember after each fall, if the support line hold, a rebound is happening after.
Trade on your own risk please.
XRP poised for a massive move as $0.75 beckonsRipple confirms the uptrend after closing the day above $0.5.
XRP may flip massively bullish if the 61.8% Fibonacci resistance is broken.
A correction will come into the picture if XRP loses the support at $0.5.
Ripple price continues to use the recent support at $0.35 as the springboard back to $0.75 (new yearly high). The cross-border token has remained persistent in the battle for recovery, keeping in mind that it lags behind its peers due to the uncertainty it faces regarding the ongoing lawsuits. The Security and Exchange Commission (SEC) in the US wants it to be categorized as a security token.
However, Ripple Labs Inc., the company that issues XRP and its top executives maintain that the token is a cryptocurrency just like Bitcoin and Ethereum. As the brawl continues in court, XRP is on a mission of breaking barriers. Despite being pumped and dumped a couple of weeks ago, Ripple seems attractive to investors, perhaps due to its low price compared to BTC and ETH.
At the time of writing, XRP trades at $0.56 after extending the bullish leg above the critical level at $0.5. The least resistance path is upwards based on the short-term technical picture.
For instance, the Moving Average Convergence (MACD) has reinforced the bullish narrative as it moves higher in the positive region. Moreover, the MACD line (blue) rests above the signal line, suggesting that XRP has a formidable bullish impulse.
The upswing to $0.75 will start to materialize as soon as Ripple closes the day above the 61.8% Fibonacci retracement level, taken between the last swing high of $0.75 to a swing low of $0.34. This the immediate hurdle and needs to come out of the way for XRP to flip massively bullish.
On the other hand, a correction will come into play if the resistance at the 61.8% Fibo remains unshaken. Selling orders are likely to increase, especially with investors preferring to exit amid the uncertainty in XRP’s market. Previous support levels at the Simple Moving Average and $0.35 will come into handy to stop the losses.
Intraday levels
Spot rate: $0.55
Relative change: 0.025
Percentage change: 4.8%
Trend: Bullish
Volatility: Growing
Ripple price recovery steadies toeard $0.75
Ripple holds the uptrend in place following a rebound from the primary support at $0.35.
XRP must break above the 50% Fibonacci level to sustain the recovery eyeing $0.75.
A correction will come into the picture if XRP’s upside remains capped under $0.5.
Ripple is making a gradual but steady recovery after recently suffering a big blow. The cross-border token was pumped massively early last week although it immediately dropped like a stone in the air. The bulls took refuge at $0.35, assisted by the 50 Simple Moving Average on the 4-hour chart.
Meanwhile, XRP has regained the lost ground above $0.4 and is currently battling the crucial hurdle at $0.5. The steady recovery is happening even with the lawsuit filed by the Securities and Exchange Commission (SEC). The regulator alleges that Ripple together with its top executives sold unregistered tokens to investors.
Ripple maintains that the XRP token is not a security but this lawsuit and other class-action cases filed against the blockchain startup claim the firm breached the Securities Act.
At the time of writing, XRP is dancing at $0.49 and is almost hitting levels above $0.5. Trading past this crucial zone could be a turning point for XRP. More buyers are likely to join the market as their confidence in recovery rebuilds.
Simultaneously, Ripple will have to settle above the 50% Fibonacci retracement level to confirm or validate the expected upswing back to $0.75. The Moving Average Convergence (MACD) is making subtle hints that XRP is having a bullish impulse. It is essential to keep in mind that the uptrend may face other hurdles at $0.6 and $0.7 before running further up toward $1.
Failure to break above $0.5 and settle beyond the 50% Fibo may attract increased selling orders. Therefore, XRP is could break down toward the 50 SMA and $0.4. If push comes to shove the bearish leg may extend to the primary support at $0.35.
Ripple intraday levels
Spot rate: $0.48
Relative change: 0.015
Percentage change: 3.2%
Trend: Bullish
Volatility: Low
How to trade XRP in this madnessXRP / USDT
horrible dump in 1st February in xrp after great comeback ..but this dump didnt surprise me
People forget rule number 1 in crypto :
Buy the rumors sell the news
Thats exactly what happened massive dump after news and also that's not the first one for XRP 😏
I advice newbies in this field never enter any pump event the chance for lose is very high
In previous analysis i expected 2 scenario for xrp :
Looks like we in scenario 2 now and price returned to channel again
Now look at chart..
green area + middle line of channel are previous resistances turned support now
if price lost this support it will dump to strong lower trendline of the channel (white)
(here is best area for buy in current situation)
and stoploss will be daily candel closure below if it reached here
Good luck 🍀
Ripple Prepares for Massive ShreddingI usually pay no mind to XRP but since BTC was so terribly slow today, I found myself with a little free time, so here we are.
This is a long term outlook based solely on Elliott Wave theory. After Ripple’s March 2020 swing low near $0.10, the market delivered a Leading Diagonal formation which produced a super deep Wave 2 correction.
Leading Diagonals (not including internal Zig Zag diagonals) give us the signal of directional change. With Leading Diagonals we can also expect a strong, possibly extended Wave 3.
Considering the relationship between Waves 2 and 4, with W2 being supremely deep, we can expect W4 to be much more shallow (and less frightening.
Granted, this is a long term outlook - all rules remain the same. Maybe it’ll be late 2021, maybe it’ll be early 2022 but Ripple looks to plant an All Time High near $10, in due time.
Currently under $0.40, this may sound like an absurd prediction. Elliott Fiinacci don’t lie though 😊.
Before Ripple takes off for the sky, the ABC correction for Wave 2 of 3rd must be completed. It also looks to be a very deep correction (expecting sub $0.30). See my prediction for this correction below.
Trade wisely.
Play it safe or play it smart.
Ripple price poised for another retreat before resuming uptrend
Ripple suffers under the worst pump-and-dump schemes, making recovery an uphill battle.
XRP is likely to revisit lower support levels, perhaps to $0.3 before resuming the uptrend to $1.
Ripple has recently undergone the worst pump-and-dump situation in its history. It is believed that a Telegram group with over 200,000 members was responsible for the pump. However, it appears that XRP whales were ready to cash out and exit the project that had probably locked their funds since the breakdown in December.
At the time of writing, XRP is doddering at $0.38 after falling sharply from $0.75. The barrier at this level cut short the expected liftoff to $1. On the bright side, the 50 Simple Moving Average on the 4-hour chart came in handy and preventing the cross-border token from plunging further.
Meanwhile, XRP bulls are working around the clock to break above the resistance at $0.4. However, another daily close under this level may see a selling pressure surge. Support at the 50 SMA ($0.34), might not be strong enough to hold the token in position. Thus paving the way for a further drop to the 200 SMA around $0.29.
The Moving Average Convergence Divergence appears to have validated the bearish outlook. This indicator follows the trend of the asset and also measures its momentum. The MACD can be used to identity buy the dip and sell the dip positions.
If the MACD line (blue) crosses under the signal line, it is best not to enter any new positions, perhaps sell. On the other hand, a cross above the signal line suggests that it is time to buy.
In this case, the MACD divergence under the signal line is still wide. Thus calling for caution because XRP may retreat some more before a significant trend reversal comes into the picture.
Ripple intraday levels
Spot rate: $0.38
Relative change: 0.01
Percentage change: 3%
Trend: Sideways
Volatility: Low
Ripple price rejected at $0.75, can this crucial support hold?
Ripple's massive breakout hit a critical barrier at $0.75, capitulating short-term holders.
Ripple must hold the 50 SMA or $0.34 key levels to avert potential losses toward $0.3.
Closing the day above $0.4 could see XRP jump toward $1 as investors’ stream back to the market.
XRP flew the bullish flag above the cryptocurrency horizon from late last week, the weekend session, and on February 1. It was a perfect storm (staying in an elongated consolidation) for Ripple’s community. Our analyses in the previous weeks had predicted a breakout to $0.5. However, Ripple proved it a conservative target, hitting levels of $0.75 for the first time in 2021.
At the time of writing, XRP is doddering at $0.38 after a sudden sharp fall from the February 1 highs of $0.75. The support anticipated at $0.7 and $0.4 failed to rise to the occasion, leaving bears completely in control.
In the meantime, the 50 Simple Moving Average has come in handy, limiting a breakdown under $0.34. It is essential that this support holds, otherwise, XRP may continue with the freefall back to the dominating levels in January (between $0.25 and $0.3).
The Moving Average Convergence Divergence continues to reinforce the pessimistic outlook, especially now that the MACD line has crossed under the signal line. In other words, recovery will not be a walk in the park and more losses will come into the picture before buyers can control the cross-border token.
A comprehensive glance upward suggests that Ripple may soon renew the uptrend if the price closes the day above $0.4. Such a move would call for more buy orders as investors rush back to the market in anticipation of another run-up toward $1.
Ripple intraday levels
Spot rate: $0.38
Relative change: 0.01
Percentage change: 2.5%
Trend: Bearish
Volatility: Expanding
Ripple price prepares for a 62% move
Ripple is set to fight another class-action lawsuit filed by a Florida resident for losing nearly half of investment in XRP.
XRP is on verge of a breakout to $0.45 if the impact of a symmetrical triangle comes to fruition.
A resident of Florida has opened a class action case against Ripple Labs Inc. for losing an investment made in XRP. The individual who filed the case had made a relatively small investment in the digital asset, of around $100 in 2020. However, the value of his XRP plummeted by almost 50% a few weeks later.
Tyler Toomey bought precisely 135 XRP in November 2020 amid the cryptocurrency rally that started around October. However, his investment took a turn to the south, where he lost roughly $48.50 of the original investment.
He argues that he made the case on behalf of other investors, residents of Florida who put money in XRP. He alleges that Ripple and its executives profited from the sale of unregistered securities but many investors like him were left languishing in losses.
In December the Securities and Exchange Commission (SEC) filed a case against Ripple Labs Inc. and its top executives for selling unregistered securities to investors in the United States. The lawsuit saw XRP tumble to a low of $0.17 from highs of $0.6.
Ripple poised for a 62% move
XRP has been stuck in consolidation following the recovery from the dip in December. Its upside has been capped under $0.3. On the downside, Ripple continues to struggle to sustain the price above $0.25.
However, the daily chart brings to light the formation of a symmetrical triangle. This pattern is known to either lead to a breakout or a breakdown. Breakouts occur when the price trades above the upper trendline. On the flip side, a breakdown comes into the picture when the price loses support at the lower trendline.
Symmetrical triangles have exact targets during the breakouts or breakdown, measured from the highest to the lowest point of the patterns. For instance, XRP may rally 62% to $0.45 if XRP validates the upward momentum on trading above the 200 SMA. On the other hand, a 62% downswing to $0.087 will come into the picture in the case of a breakdown.
Ripple intraday levels
Spot rate: $0.252
Relative change: 0.0003
Percentage change: 0.13%
Trend: Bullish
Volatility: Low
Ripple Price Nurtures A Potential 63% Breakout To $0.5
Ripple stuck in consolidation while waiting for a breakout to $0.5.
The immediate upside is limited by the 200 SMA and the stubborn hurdle at $0.3.
XRP’s expected uptrend may fail to occur if the price drops under the symmetrical triangle.
Ripple has for a long time been in consolidation following the massive breakdown in December. The extensive freefall came after the United States Securities and Exchange Commission filed a case against Ripple Labs Inc., for selling unregistered security tokens.
Ripple eyes a breakout to $0.5
At the time of writing, XRP is doddering at $0.279 in the wake of a minor recovery from last week’s slump to $0.25. Slightly above the current price levels the 200 Simple Moving Average on the 4-hour chart caps movement.
For now, the odds impulse is in favor of the bulls as reinforced by the Relative Strength Index. A break above the midline will encourage more buyers to join the market. If enough volume is created behind Ripple, we are likely to see a breakout above the symmetrical triangle.
Note that the symmetrical triangle is created by two trendlines connecting a series of lower highs and higher lows. The trendlines converge at a relatively equal point called an apex. Simultaneously, a breakout above the upper trendline line results in a significant upswing while trading below the triangle culminates in extensive losses.
Breakouts or breakdowns from symmetrical triangles have an exact target, measured from the highest to the lowest of the pattern. Thus, XRP could soar to $0.5 if the price spikes above the triangle. However, the 50 SMA and the 100 SMA may absorb the buying pressure. XRP also needs to overcome the resistance at $0.3 to sustain the uptrend.
On the flip side, losses under the triangle would result in losses as low as $0.087. Other areas of support to keep in mind include $0.25, $0.20, and $0.17.
RIPPLE TO THE MOON XRPUSDT 1D ANALYSIS✨RIPPLE TO THE MOON XRPUSDT 1D-TIMEFRAME ANALYSIS✨
Hello ladies and gentlemen
This is my new idea for the Ripple
My idea is that the pair will go higher
The first target is over two dollars
I hope my idea is clear
Support me by like and share
Stay Safe💯
Good luck💰
Ripple: The beginning of the uptrend with targets of $ 13
Please be noted that the target of $ 13 is a long-term price movement
In the daily chart, Corrective Wave of 2 has been completed in the range of 0.1700, and the price is forming the first uptrend in Wave 3.
( Daily Chart )
In the 240- minute chart, after monitoring the details, the first ascending wave has been completed in the range of 0.3721 and the retracement has been completed in the range of 0.2608 with a truncated C wave, and is currently completing wave 3.
Notes:
First: The first confirmation to change the price trend is the range of 0.3835, which is probably happens in this uptrend.
Second: To get the confirmation for changes to the main trend, the price must cross the range of 0.6813, which is the end of wave B. In this case, hopefully, we can expect $ 13 target price.
Third: If the price crosses the range of 0.2608, the downtrend can be extended up to the range of 0.15. This range is equal to 1,618 Fibonacci ratios of the Wave A from point 2, which is an important price range.