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
Ripplelong
XRP - We Broke the Trendline I forgot to mention that we broke the downside trendline and that is good news for XRP community. Since the last time I updated you, XRP is up 30%. I said XRP is going to do 50% retracement and will test the resistance 0.475. Now we have to close one daily candle above 0.50 to move further and it is time to test the next retracement level 0.618 and once we break it we are going to test the resistance 0.75 for the last time hopefully. Good things take time so be PATIENT.
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
XRPUSD Higher? We still like the long side of XRP buy pullbacks Although XRP has been in the headlines a lot recently regarding US regulators we still like the long side of this Crypto currency and have been adding to our exposure since its major selloff.
However we dont see a great location to add to our position around these levels.
Unless one is prepared to have a considerably high risk tolerance to this Crypto we would avoid adding here and would prefer lower prices first, Alternatively we would consider adding higher once the new breakout occurs with a better idea of where we would have an acceptable risk.
Crypto currencies have a tremendous amount of volatility and so if you are not prepared for large percent % drawdowns one would do best to pick strategic entry points or trade a different asset class completely.
On the other had if one is building a long term portfolio of crypto holdings then averaging into XRP/USD with more flexibility to precise price levels is not a bad idea.
XRP/USDT Pump coin x3 Ripple Part 2When other traders do not know what will happen to the XRP - I am writing to you, there will be a pump.
Observe your risk and money management, trade with stop loss, and do not overstate the lot in the position.
But I look forward to such a scenario.
2 past, worked 100% now we are waiting for the conclusion.
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
XRP - Next target 83 cents Our updated XRP video with key support and resistance levels. Price has breached the 63 cents resistance level , came back and tested it as support. It looks ready for a GRAND CHECK of 0,83.
Remember, in November the price stopped at exactly that level (ascending trend line, was 76 cents then, it is 83 cents today)
Can this level be broken now? Well I don't know guys, I am experienced in financial prognosis, not a psychic. It will be 50-50- toss a coin this time.
Yes, I know I told you to buy again at 35cents and i also made a huge return in 10 hours by taking a take profit perfectly in the last similar occasion but this time at 83 cents we will all need to wait and see how the price will perform.
A video will follow in a few minutes.
Ripple Price On Fire As It Explodes Toward $1
Ripple comes out of consolidation with a boom, spiking above $0.5.
XRP bulls eye $1 if the resistance at $0.6 is broken.
Ripple has had the biggest bull run following the crash in December 2020. Consolidation groped the token leaving it motionless in the range between $0.25 and $0.3. However, in the last couple of weeks, XRP signaled a possible technical breakout. The comprehensive analysis on Friday predicted that XRP is poised for a massive upswing to $0.4.
In the meantime, Ripple is trading at $0.54 after overshooting the conservative prediction. The Breakout occurred after a symmetrical triangle pattern. The least resistance path is upwards as observed on the 4-hour chart.
The price has recovered the ground above all the applied moving averages; the 50 Simple Moving Average, the 100 SMA, and 200 SMA. The double golden cross pattern on the chart reinforces the growing influence the bulls have over the price.
It is crucial that buyers establish higher support, preferably above $0.5. This will ensure that the downside is protected and allow them to focus on higher levels toward $1. Some delay is anticipated around $0.6 but if the bullish outlook remains intact, gains to $1 will easily achievable.
Notably, the Moving Average Convergence Divergence (MACD), which tracks the momentum of an asset as well as its direction adds credibility to the bullish narrative. The MACD line has increased the divergence above the signal line, implying that bulls are completely in control. However, if a correction occurs XRP will seek refuge at $0.5, $0.4, and the former resistance zone at $0.3.
Ripple intraday levels
Spot rate: $0.54
Relative change: 0.05
Percentage change: 10%
Trend: Bullish
Volatility: High
Ripple - XRP is a bad coin they said. Sell-they said XRP/USDTHello dear friends. XRP / USDT coin for review. 1D TF
So in the last analysis, I wrote to you that there will be an accumulation channel.
And I recommend each of you, following your risk and money management, to buy this coin for a long time.
I am more than sure that it will greatly surprise everyone who sold it.
Since such a huge accumulation of volumes on cluster analysis, I have not seen anywhere else.
I expect XRP to repeat the DOGECOIN pump.
Yes, I agree, everyone is shorting and waiting for a decision, but I assure you that 99.9% will not be as bad as many think.
For each of my profitable transactions from the bitcoin / dollar pair, I allocate 5% profit and buy this coin at each level.
Which I recommend to you too.
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 price prepares for a 47% explosion
Ripple reclaims two key support levels at $0.25 and $0.27.
XRP/USD is awaiting a massive liftoff on breaking above symmetrical triangle resistance.
Ripple fell victim to the selling pressure in the cryptocurrency market on Thursday. Like Bitcoin and Ethereum, XRP lost a significant amount of the gains accrued over the last couple of weeks. Moreover, vital support levels like the 200 Simple Moving Average and $0.25 were lost during the freefall.
However, Ripple has begun looking bullish again after reclaiming ground above $0.27. On the upside, bulls focus on regaining the lost position above the 200 SMA, but the most significant milestone will be to step and settle above $0.3.
The bullish outlook will be validated if XRP fights for a breakout above the symmetrical triangle pattern on the 4-hour chart. This pattern is created by drawing two converging trendlines to connect a series of sequential peaks and troughs. Usually, the trendlines meet at a relatively equal point referred to as an apex.
Breakout or a breakdown is expected from this pattern. Breakouts occur when the price lifts above the upper trendline, while a breakdown happens on sliding under the lower trendline. The price target for either a breakout or a breakdown is measured from the highest to the triangle's lowest point. Therefore, if XRP spikes the triangle on the daily chart, we will likely witness a 47% upswing to $0.445.
It is worth mentioning that the breakout might fail to occur if the hurdle at the 200 SMA remains unshaken. The triangle could as well result in an opposite and equal move to $0.14. For now, consolidation and holding above support at $0.27 is key to the uptrend.
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 price long-term picture screams buy despite SEC woes
Ripple gets ready for a huge liftoff despite the uncertainty posed by the SEC lawsuit.
XRP is about to break a symmetrical triangle resistance, likely to give way for gains toward $0.48.
Ripple is still trading under $0.3 despite the massive bullish signals as covered on Monday. Whales are currently streaming into the project mainly due to the prevailing low price and the improving technical picture.
The cross-border transfer token was dealt a massive blow after the United States Securities and Exchange Commission (SEC) filed a lawsuit against the issuing company, Ripple Labs Inc., and its top executives. The lawsuit aims to find Ripple guilty of breaching the Securities Act by selling unregistered tokens.
XRP tumbled massively following the lawsuit and has spent the last four weeks fighting for recovery. At the time of writing, XRP is trading at $0.29 while battling the uphill battle at $0.3.
The 4-hour XRP/USD chart shows that the price has stepped above the 100 Simple Moving Average and the 50 SMA, which is a huge move for the token. Moreover, a symmetrical triangle pattern has come into the picture, suggesting that the expected breakout above $0.3 will be so massive that XRP may rally to $0.48.
Symmetrical triangle breakouts have precise targets measured from the highest to the lowest price points within the pattern. The distance found is then added to the breakout point.
Meanwhile, the Moving Average Convergence Divergence or MACD adds credibility to the improving uptrend. The indicator follows the trend of an asset and is used to show the strength of the momentum. As the MACD crosses into the positive territory, Ripple gets ready for the massive liftoff.
Note that a breakdown from the triangle pattern would be of the same magnitude as the breakout to $0.48. Therefore, some of the critical support levels at 100 SMA, $0.28, and $0.27 must hold to avoid potentially massive declines.
Ripple intraday levels
Spot rate: $0.29
Percentage change: 2.5%
Relative change: 0.08
Trend: Bullish
Volatility: Growing
XRP and SEC ⚖️ - Could be a good thing 👋😺You guys asked for a video , so here it is:
SEC's new president, who he is, what he likes (he definitely likes Bitcoin) and what could happen.
In this video I share some info from my research on SEC's new president Mr Gary Gensler - link for those who have time to burn on Mr Burns
XRP is a security
Airdrops don't get you off the hook , maybe he is the guy who get's RIPPLE off the hook..who knows?
ps. I am buying some Ripple again. Last time it went well.
ps2. Gary Gensler can not invite Satoshi to 'regulate his ass' but he can call Ripple (and others) which again, could be a Great thing.. or could it be the contrary? Money talks guys, it's a good thing. Interests tend to meet each other's requirements.
RIPPLE NOT DEAD XRPUSD 1D-TIMEFRAME ANALYSIS✨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
Breakthrough the neckline of the inverted head and shoulders is key
The first target is over two dollars
I hope my idea is clear
Support me by like and share
Stay Safe💯
Good luck💰
Ripple price set to break critical resistance barrier
Ripple eyes significant breakout above $0.3 if the swings past the descending triangle’s hypotenuse.
The number of whales within the XRP ecosystem has rallied extensively since the beginning of the year, suggesting that buying pressure is rising.
Ripple is on the verge of a massive breakout amid the extended consolidation. The daily close under $0.3 and the 50 Simple Moving Average on the 4-hour forced XRP to explore levels under $0.27. However, a recovery seems imminent with the price reclaiming the position above the 100 SMA.
Ripple draws nigh to a critical technical barrier
At the time of writing, XRP/USD is dancing at $0.28. Its immediate upside is limited by the 50 SMA. However, the 4-hour chart brings to light the formation of a descending triangle pattern. Although this pattern is generally viewed as bearish, a breakout above the hypotenuse would result in a 40% upswing to $0.42.
Trading above the 50 SMA will validate the uptrend. Moreover, if Ripple makes a daily close above the critical barrier at $0.3, buying orders are likely to surge, creating enough tailwind to push XRP upwards.
According to Santiment, large volume holders of XRP have been growing since the beginning of the year. For example, whales holding between 10,000 and 100,000 XRP are holding at nearly 103,500 from roughly 98,000 on January 1. A similar growth pattern has also been seen with the addresses having between 100,000 and 1 million XRP, which rose from approximately 16,300 to 17,250 in the same period.
The increase in the number of whales suggests that buying pressure is building behind XRP. Therefore, this is a bullish sign for the token, likely to validate the expected upswing.
It is worth mentioning that the bullish outlook will be invalidated if XRP fails to close the day above the 50 SMA and the barrier at $0.3. On the other hand, losing the support at 100 SMA will see losses toward $0.25 return into the picture.
Ripple intraday levels
Spot rate: $0.285
Relative change: 0.0077
Percentage change: 3%
Trend: Bullish
Volatility: Growing
XRP- The best scenario looking forwardNow that the 'Ripple frenzy' is more quiet, it is time to have this chat. What is the very BEST scenario for Ripple (and it's XRP coin)
I know a lot of you went into Ripple just a few months ago, following the news, propaganda, YouTube videos , newsletters, or just friends' advice to get into the 'next bitcoin', the 'best crypto' etc etc
A lot of you might went in for a short term investment, or trade.
Then everything happened, airdrop, SEC, Ripple dropped at the 0,76 roof as i had predicted (I am not a psychic, it was just technical analysis)
Well guys, you did not make a bad call. What might appear as a 'bad call' can always turn out being the right one. If of course you manage to have the patience (and margin) to wait.
BEST SCENARIO FOR RIPPLE (XRP):
Since it is different from Bitcoin and almost all the rest, the best way forward is to go PUBLIC and fly.
Imagine Ripple traded on SP500 or Nasdaq in a few years. Possible? Well, everything is possible.
First the SEC situation must be resolved, it appears to be the big problem now and it is but at the same time it could be a key good factor for the future.
Ripple boss Brad Garlinghouse did announce plans to take the company public, at Davos in mid 2020. So the idea is there.
ps. We can NOT cross out Ripple completely. After all is very different from Bitcoin and that at some point might be a major advantage. Ripple is a 'brand' and potentially it could a be a brand destined for much higher flights.
time to BUY $XRPHello guys,
In my opinion, I think this is the best time to buy XRP and hold it for a longterm investment, Personally I believe that XRP will hit 1$ but the high target for all XRP holders s to hit 100$.
I am not saying here that the next day or the next week we'll find XRP hitting the 100$ but it can happen in the next 2 years, specially that the CEO of Ripple Labs admit that the company have a lot to explain and to say and that what I believe that we ll see in the next few days.