Potential range reversal setup #cryptoEven though Ripple has been a recent failed trend trade, price and volume action near the range low indicates this maybe be a short term bottom. Price likes to make decisions (recersal or breakout) at extremes of ranges to hunt the most orders. All of the majors- Bitcoin, Litecoin, Ethereum are make major advances. Despite the recent bad news there may be an appetite in the market given the overall demand for the space... at least in the near term. If it falls below 17 cents then the reversal will be wrong and there may be a further breakout to the downside.
Ripplelong
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 $0.13 cents, as it is getting pumped from every support, however, the news behind this coin is very bad therefore, if someone tries to buy it at any support he should take care of the stop loss.
Ripple FundamentalFundamental:
I waited and carefully followed Ripple in the first weeks of 2021.
Pressure on a cryptocurrency by governments means creating taxes and government control. The cryptocurrency campaign, under pressure from Ripple investors ($ 14 billion), will surely try their best in court and in government lobbying with the new president in the new year.
Also, this is not the first time that SEC has entered into an alliance with cryptocurrency. The story of cryptocurrency EOS or Black.One Company, as well as kik cryptocurrency platform, which was solved in other ways.
Also, if you look closely at the charts of the volume of capital inflows and outflows to Ripple, you will notice the attention of risky investors who entered the Ripple market with about $ 4 billion after the Ripple market volume fell to $ 10 billion.
So I look closely at Ripple's movement and reaction in the first week of 2021.
XRP - Volatility inboundXRP chart updated for you all.
The 25c level could be checked again and probably bounce.
We are now 65% bullyish on Ripple and looking at 40cents target for the next few days BUT a drop first could be well anticipated.
Maybe start buying slowly and make sure you can buy the 25c again if it happens.
XRP falling Knife- if you like danger, i show you how to catch the dip using Volume Profile when the world is in panic.
- RSI Oversold
- be very carefull doing it when BTC is dominating all the market.
Buy Zone 1 : 0.2550 ish (invest 25%)
Buy Zone 2 : 0.20 ish ( invest 75%)
Stop Loss : 0.1950
if you catch at good time don't be too greedy on the bounce!
Happy Tr4Ding !
Ripple - Will $XRP outperform? (Alternative Count "Wave 5")WAVE 5 in progress! The best time to buy is now!
I'm LONG / BULLISH position. I expect that $XRPUSD will rise up.
This would mean that RIPPLE will gain more value against USD.
What is the right way? Looking for relevant timeframes, with patience and planning, NO DESPERATION.
No one goes into the market thinking they should buy at the high and sell at the low. The problem is that at the moment when faced with the ups and downs of the market, it’s hard to resist the urge to do those things.
Trading is all about spotting emotional excesses either to the downside or the upside. You want to be on the right side of those emotional reactions and not the wrong.
If you want to win in this market, you need to be COLD and CALCULIST.
To the moon is too close, go beyond!!!
Well, keep you updated as this timely issue evolves.
Good luck!
#CRYPTO $XRPUSD #XRPBTC #XRP #RIPPLE #ALTSEASON2020
$BTC $BCH $BNB $XLM $EOS $ETH $ADA $LTC $TRX $XRP $IOTA $LINK $XTZ $BTT $XMR $NEO $BTT $MATIC $XMR $MRK $XEM $ONT $DASH $BAT $ZRX $LSK $NANO $REP
#altcoins #bitcointrading #BuyTheFear #BuyTheDip
#CRYPTO #XRP #XRPUSD #XRPBTC #RIPPLE
Ripple - $XRP - Will $XRP outperform? (Alternative Count)
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 .
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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.
Ripple (XRP) ideaI am not in love with Ripple but I buy it anyways. There is a small mini golden cross on 15 min chart and I like it. I am long since .50 but may change my mind if we do not decisively break out of .57-59 range.
Good luck to you and maybe your Sunday be relaxing and joyful! Holiday season is the best!
And please, dont ruin your festive mood by making dumb trades, may all your trades be as profitable as possible!
XRP- is the airDROP🩸 over? (72% yes✔️)They even told us it was an air-DROP🤧 and we listened carefully 😼 ..but is it over now?
Good news bad news:
Good news is that BTC is rising and broke over the resistance , on it's way to 21k
More good news is that we played our charts📊 (not cards🎰) right and it payed off .
Bad news is that Ripple still faces the danger of 0.415 but the chances are now lower (My new estimate is a 28% chance of that happening)
WHAT DO WE DO NOW?
Well we are increasing our BUYs and reducing our SELLs.
Why? Because it will most probably rise (78% chances now) but we can not cross out the 0,41 level, where we need to be prepared to buy again. That would be our Xmas present , if it happens 🎄.
XRP- Third attempt will be DECISIVE (70%🌄 / 30% 🚽 )XRP- 3rd attempt to break under the 3rd support is crucial 3️⃣3️⃣
We are coming closer to the third (3rd) attempt to break the 0,485 level.
It came close but no touch/check , which is a bullish sign. This gives Buy positions an statistical advantage now.
Third attempts are the ones with the highest probability of succeeding- in this case to break under. (then 6th and 9ths)
Now is a good time to start buying but IF it breaks under the support (0.489) you need to be aware because the 0.40 level will be a magnet pulling the price towards it's level 🧲
Ripple XRP Price Action Not going to state my case but Ripple is currently shaking out all fo the weak hands and bouncing off the upper channel support line and going right to the stratosphere. Get in now or regret not getting in later. .49-53 is your last buy zone.
PS: Don't be an idiot and listen to overly confident trolls online, do you own research and protect your own capital.
xrpusd forming bullish BAT for upto 13.8% moveThe previous short term idea executed successfully:
Now again on short-term 4-hour chart, the price action of XRP is completing final leg of bullish BAT and soon it will be reached in 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: $0.5249 to $0.5147
Sell or Fibonacci projection zone: $0.5493 to $0.5861
Stop Loss:
The potential reversal zone area that is up to $0.5147 can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per above targets this trade has a profit possibility of 13.8% and as per the above-mentioned stop loss, the loss possibility is 2%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
XRP - Possible scenarios for investors and punters alikeYou guys drive me NUTS with Ripple. I hope that's not all you guys trade...
I also trade it guys but with a certain % of my funds- and it has been going REALLY WELL for me so far so I want to keep it that way.
Take a look at other ideas too, Copper is a fresh new trade to get on for example . Don't go 'Ripple-nuts', go 'Ripple Carefully' please.
Anyways, you keep asking for it so here we go: 4 SUPPORT LEVELS and the % we calculated (don't ask how, our system took me 11 years to develop and is for sale for 1,000,000$), for each and every scenario.
This time we will take a 'Wild Guess' and dare to make an Out of the Box 'How the Market Will try and Fool Us' prediction of exactly what we think will happen, exclusively for our clients at fxprofessor.
ps. Once and IF the price breaks the 0.79 mark then it's off to 1.41
XRP -Big chartXRP has stopped right on our calculated first support, a rebound is now possible but the possibility for the price to break down to the second or third levels is also valid.
We have been using a special strategy that we teach and are now closing some sell positions.
Contact us for more info.
Havign a chart is one thing, knowing how to trade it is a different matter.
XRP - Stopped on 1st supportXRP has stopped right on our calculated first support, a rebound is now possible but the possibility for the price to break down to the second or third levels is also valid.
We have been using a special strategy that we teach and are now closing some sell positions.
Contact us for more info