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Ripplelong

XRP takes off for a colossal technical liftoff eyeing $2.3Ripple finally embraced the vital support at $1.3, allowing bulls to take the mantle. The bullish leg extended above the 50 Simple Moving Average (SMA) on the four-hour chart near $1.5, further cementing the bull’s presence in the market. Last week’s resistance at $1.6 seems to have bolstered XRP beyond $1.7. At the time of writing, Ripple is exchanging hands at $1.7, following a 17% growth in the last 24 hours. The cross-border token has attracted a $15 billion trading volume across all platforms and boasts $78 billion in market capitalization. XRP is working toward reclaiming the fourth spot by unseating Dogecoin. Ripple rally toward o$2.3 builds momentum An ascending triangle formed on the four-hour chart is a massive bullish signal. This pattern develops during an uptrend and signifies the continuation of the previous trend. A couple of trend lines make the pattern, connecting the relatively equal peaks and the ascending lows. The horizontal line (x-axis) shows that sellers gradually lose traction while the hypotenuse shines a light on a strengthening bullish outlook. A final break past the x-axis usually culminates in a significant upswing. The breakout is characterized by an increase in volume and has an exact target measured from the triangle’s highest to lowest points. The ongoing uptrend seems to have been seconded by the Moving Average Convergence Divergence (MACD) indicator. In addition to entering the positive region, the MACD line has crossed above the signal line, which is a bullish signal. Consequently, the Relative Strength Index (RSI) on the four-hour chart reveals that the slightest resistance path is upward. A break past $2 will likely trigger massive gains to close the gap heading to $2.3. Ripple intraday levels Spot rate: $1.7 Trend: Bullish Volatility: High Support: $1.6 and $1.3 Resistance: $1.75 and $2
BITFINEX:XRPUSDLong
by CoinGape
2
RIPPLE : WELL RECOVEREDGreeting from IRAN to whole trading community Ripple has made a new ATH in 14th April After that it started a downtrend and lost 2 major support levels (1.5$ & 1.2&) After about 10 BEARISH days Ripple started a new uptrend and has broken its major downtrend (Red Dotted Line) Then price has broken 2 major resistance levels and maintain above 1.5$ The time for Ripple has come let see if Ripple could rise higher than 2$ or not? OP : 1.55$ TP : 1.9$ SL : 1.39$ RoR : 2.2 KEEP IT SIMPLE :)
Long
by nima-mohammadkhani
11
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. --------------------------------------------------------------------------------- Trading Parts : --------------------------------------------------------------------------------- Take Profits Zones : - Tp1 : 2.5$ - Tp2 : 3.5$ (2017 Bull Run ATH) --------------------------------------------------------------------------------- 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. --------------------------------------------------------------------------------- Like always trade safe and Watchout for the King Moves ! Happy Tr4Ding !
Long
by thecryer
11
RIPPLE (XRPUSD) LONG $1.9 Quick analysis on RIPPLE (XRPUSD) using both wave theory, Fibonacci analysis : Wave theory Analysis: 1) XRP had a nice IMPULSE run-up from Apr 4th to Apr 13th going from $0.58 to $1.96 as shown in my 5 point wave in the diagram above 2) After a good impulse phase comes the CORRECTION phase, markets usually stay two-thirds of the time in a correction phase 3) Looks like the correction is a ZIG-ZAG correction look at my wave A-B-C where Wave A touched FIB 61.8% and Wave B is a symmetrical triangle with a nice (3-3-3-3-3) pattern 4) Corrective wave C came down to FIB 78.6% i.e. $0.9 5) The next 5 series impulse wave started as indicated in blue wave line, it also broke the downward channel at $1.1 and started to climb up to $1.4 and hit resistance 6) I believe waves 1,2,3 are done and the resistance is hit at $1.4 6) Once this resistance is made as support and UPON confirmation it's going to go on the next impulse wave 5 to $1.9 target price Summary : ------------- 1) Looks like the bulls/buyers took control 2) Resistance level in the yellow box is being tested at present 3) Upon confirmation, the resistance is turned into support and goes up in the next impulse leg to the price target Happy trading, feedback is always appreciated
BITFINEX:XRPUSDLong
by JAN360
IS RIPPLE ABLE TO BREAKOUT ITS DOWNTREND?Greeting from IRAN to whole trading community ✔💙 Ripple has experienced 3 PUMPS is less than 2 weeks , then it started reteracement downtrend (Red dotted line) Ripple has broken its major support level and price has dropped lower than 1.5$ Then we saw some support reactions on the next support level at 1.2$ Price came back to its previous level 1.5$ And now its on a critical spot , Junction of dynamic resistance (trend line) and static resistance If price could break 1.5$ level , it would be a great long opportunity So keep eye on Ripple and wish you best ✌ OP : 1.51$ TP : 1.9$ SL : 1.3$ KEEP IT SIMPLE :)
by nima-mohammadkhani
14
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
BITFINEX:XRPUSDLong
by CoinGape
2
XRP/BTC, Ripple/Bitcoin - WOW🔥Strong potential pairPrice is near a super-strong key level. It will be good if the price will be in a long range near the level for a fast and big increase. Potential more than 300%. I'm keeping my attention 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
Long
by Yuriy_Bishko
19
XRP eyes $2 if this crucial support remains unshaken Ripple defends crucial technical support as bulls resume the uptrend above $1.4. Price action remains lethargic, but buyers target sending XRP toward $2. Ripple corrected from the recent yearly high at $1.5 but embraced $1.3. Holding onto this support played a key role in ensuring that XRP resumes the uptrend. Otherwise, the bearish outlook pointed toward a drop to $1.12 or $1. Meanwhile, the cross-border cryptocurrency must defend the critical short-term technical pattern to secure the uptrend toward $2. Ripple bulls could emerge triumphant Ripple dances within an ascending parallel pattern, as observed on the four-hour chart. The middle boundary layer provides immediate support. Holding above this vital anchor ensures that XRP remains in the upward trajectory. The bulls appear to be facing resistance toward $2. The rebound from $1.3 failed to overcome the resistance at $1.8. A break past $1.5 will likely trigger massive buy orders toward $2 as speculation mounts within the XRP community. The least resistance path is undetermined at the time of writing. The Moving Average Convergence Divergence (MACD) indicator currently moves sideways within the positive region. The MACD line (blue) maintains the position marginally under the signal line. Crossing above the signal line would send a bullish signal as buyers stream in to take advantage of the breakout to $2. It is worth mentioning that closing the day under the channel’s middle support is bound to trigger significant losses. Support at $1.2 may be tested, but if the price cracks the anchor at the channel’s lower edge, the gravitational force that comes into the picture may extend the bearish leg to $1. Ripple intraday levels Spot rate: $1.43 Trend: Sideways Volatility: High Support: $1.4 and $1.2 Resistance: $1.48 and $1.5
BITFINEX:XRPUSDLong
by CoinGape