Ripple #Ripple possible chart 4h
Currently we are on last week close now this will happen for my opinion first xrp will retest 0.5 Fib and if dont lose this support we will see uptrend into mid week which is on 0.3460$ and we need a masive breakout here to go more Higher into the last Open Weekly zone which is 0.3716$
Rippleusd
XRPUSDT "Double bottom" and a rise to $0.60 or fall to $0.21?Global chart of the XRPUSDT pair on 3-D time frame.
Now, probably, completing the formation of the "second bottom"
The goal of working out such a pattern is in the area of $0.55-0.60 per XRP
Also, Ripple price is now near the critical point of $0.30 . If the sellers manage to fix the price below $0.30, then nothing will prevent it from falling to the bottom in the zone of $0.21-0.25
In principle, the situation on the XRPUSD chart is very similar to that on the BTCUSDT chart we wrote about earlier.
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Jamie Gun2Head Trade - Selling XRPUSD Trade Idea: Selling XRP
Reasoning: Formed bearish candle on hourly chart at key resistance
Entry Level: 0.33160
Take Profit Level: 0.31900
Stop Loss: 0.33640
Risk/Reward: 2.62:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Jamie Gun2Head Trade - Buying XRPTrade Idea: Buying XRP
Reasoning: Short term support level - good risk reward if it holds today
Entry Level: 0.33520
Take Profit Level: 0.34810
Stop Loss: 0.33070
Risk/Reward: 2.87:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
XRP Buy a break of recent high.XRP - Intraday - We look to Buy a break of 0.3831 (stop at 0.3744)
A break of the recent high at 0.3830 should result in a further move higher.
Short term momentum is bullish.
We look for gains to be extended today.
Our short term bias remains positive.
Our profit targets will be 0.4049 and 0.4099
Resistance: 0.3830 / 0.3900 / 0.4000
Support: 0.3800 / 0.3700 / 0.3600
XRP Sell a break setup.XRP - Intraday - We look to Sell a break of 0.3588 (stop at 0.3666)
Short term momentum is bearish.
Daily signals are bearish.
A break of the recent low at 0.3590 should result in a further move lower.
There is no clear indication that the downward move is coming to an end.
Our profit targets will be 0.3401 and 0.3351
Resistance: 0.3700 / 0.3800 / 0.3900
Support: 0.3600 / 0.3500 / 0.3400
XRPXRP following suit, internal range BMS to the downside with price printing series of LH, for added confluence here id like .36 low raided before we see any retrace to the upside.
If we play out as above and print a lower high then we can look to short inside the ob .39 LO/NY KILLZONES would be prefered time of day will fit with the agenda.
For us to remain bullish we want to see price hold above .32600 and show bullish reversal inside BISI failing IMO will result in price seeking SSL of the range low and liquidting all the longs left in play 0.28700.
XRP to see Extended Gains?XRP - Intraday - We look to Buy a break of 0.3772 (stop at 0.3659)
Short term momentum is bullish.
0.3752 has been pivotal.
A break of bespoke resistance at 0.3700, and the move higher is already underway.
We look for gains to be extended today.
Our profit targets will be 0.4044 and 0.4234
Resistance: 0.3700 / 0.3800 / 0.3900
Support: 0.3600 / 0.3500 / 0.3400
XRPUSDT 12h Medium-term trade - our target $0,44At the beginning of the month, we published the XRPUSDT trading pair idea on the daily time frame to cover the last two years of trading and show the main liquidity zones.
Then we wrote that in the coming days the main task for buyers is to keep the XRP price above $0,30.
Well, 11 days have passed and at the moment, XRPUSD buyers have completely coped with this task.
Accordingly, those who like or believe in the Ripple project, or those who care about risk management in trades, can issue the following order:
Entrance $0,315-0,325
Stop $0,2874
TP - $0,44
P/L ratio - 3.7/1
This is the target for medium-term trade. The global growth target is higher, but more on that in our next reviews of the XRPUSDT trading pair.
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Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
XRP Buy a break of recent high.XRP - Intraday - We look to Buy a break of 0.3221 (stop at 0.3138)
A break of the recent high at 0.3220 should result in a further move higher.
Expect trading to remain mixed and volatile.
20 4hour EMA is at 0.3190.
Our profit targets will be 0.3438 and 0.3498
Resistance: 0.3100 / 0.3200 / 0.3300
Support: 0.3000 / 0.2900 / 0.2850
XRP Buy a break of pivotal value.XRP - Intraday - We look to Buy a break of 0.3374 (stop at 0.3288)
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
Short term momentum is bullish.
0.3362 has been pivotal.
0.3372 has been pivotal.
A break of 0.3372 is needed to confirm follow through bullish momentum.
Our profit targets will be 0.3619 and 0.3719
Resistance: 0.3370 / 0.3500 / 0.3600
Support: 0.3200 / 0.3100 / 0.3060
XRPUSDT 1D XRP buy zone for medium-term trade is already closeFor more than a year, Ripple price has been falling in a downtrend channel.
Currently, the XRP price is at the bottom of the channel and is trying to form a reversal pattern.
If in the coming days, the buyers do not allow the Xrpusdt price to fix below $0.30, it will be a good signal that the bottom has been found. And when aggressive purchases appear, as soon as the price will be approaching this level, increased trades volumes - it will be an excellent signal to switch to the side of stronger buyers. Well, then it will be possible to start working out the blue scenario
If the situation on the market allows sellers to fix the price of Xrpusd below $0.30, then the way will be opened for the continuation of the fall, at least by -20%. In this case, the liquid level from which it is worth looking at purchases again will be around $0.25
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
Ripple Introduces CBDC Competition to Encourage XRPL InnovationRipple has announced the CBDC Innovate challenge, with a total prize pool of $197,000. The Ripple CBDC Innovate challenge seeks to inspire programmers to build applications capable of running on the XRP Ledger and supporting retail CBDCs, interoperability and financial inclusion. The deadline for the first batch of submissions is expected to be August 25.
Competitors are expected to build or update a fintech or payment solution that makes use of CBDC and can run on the XRP Ledger, create a solution that can take advantage of CBDC's advantages or create an interface that allows any human to engage with a CBDC.
XRP Buy the stem dip.XRP - Intraday - We look to Buy at 0.3011 (stop at 0.2929)
Support is located at 0.3000 and should stem dips to this area.
0.2934 has been pivotal.
With signals for sentiment at oversold extremes, the dip could not be extended.
Our profit targets will be 0.3234 and 0.3294
Resistance: 0.3300 / 0.3400 / 0.3480
Support: 0.3200 / 0.3100 / 0.3000