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Rippleusd

XRP Crumbles From July Highs, Risks Exploring Levels Under $0.7 XRP price failed to extend the bullish leg to $0.8 following the gains on the weekend. Ripple hunts for support at the 50 SMA to avert losses under $0.7. The MACD and the RSI reinforce the bearish outlook, leaving XRP vulnerable to losses. Ripple price has continued with an upward roll started after July’s worst selloff that saw it plummet to $0.52. The international money transfer token seems to have restored investor interest, especially with the launch of the On-Demand Liquidity (ODL) remittance corridor between Japan and the Philippines. The payments corridor tapping into Ripple’s flagship blockchain service is significant because of the nearly $2 billion a year remittance market between the two companies. Following this news, XRP made hastes stepping above $0.7. The bullish leg stretched toward $0.8 over the weekend but stalled around $0.78 on some exchanges like Bitfinex. XRP Price Engages Reverse Gears At Full Throttle Ripple is trading at $0.72 in the wake of rejection from $0.78. Since the recovery began last month, the price action shaped in an ascending parallel pattern. The channel’s upper edge contributed to the overhead pressure, cutting short XRP’s bid for $0.8 and $1. Besides, a break under the middle boundary appears to have put bears completely in control. Hence, Ripple needs to hold the support at the 50 Simple Moving Average (SMA) and the channel’s lower boundary. This will ensure that losses do not stretch to $0.7 and explore levels further down. It is worth mentioning that the short-term technical picture is mainly bearish, starting with the Moving Average Convergence Divergence (MACD). A sell signal from this trend-following tool appeared when the 12-day EMA crossed below the 26-day EMA. Note that the odds for a bearish outlook soar as the MACD moves closer to the mean line. The Relative Strength Index (RSI) adds credibility to the bearish narrative, especially with the ongoing retreat from the oversold region. Sellers will get more aggressive if the RSI confirms movement below the midline and closes the gap to the oversold area. Ripple Price Intraday Levels Spot rate: $0.722 Trend: Bearish Volatility: Expanding Support: The 50 SMA and $0.7 Resistance: $0.75 and $0.78
BITFINEX:XRPUSDLong
by CoinGape
5
Ripple dropped 6.5% from its high, what next? Up? Down? 😱😱The Ripple topped out at $0.755, gathered liquidity, and is now correcting 6.5% from its high. Now the price has come to the local support zone, there is a chance that the price will go even lower than the local liquidity zone and then go up. If Ripple follows our scenario, comes to the boundary of $0.756, and starts to tighten, it would be a good buying opportunity. 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
by Yuriy_Bishko
9
Ripple Price Skyrockets To $0.75 But Uptrend In Jeopardy Ripple price ascended to $0.75 on Wednesday as an On-Demand Liquidity corridor debuted between Japan and the Philippines. A correction is underway, with the price sliding back $0.7. Ripple remarkably broke out mid-week, flying the bullish flag high above the crypto horizon. The news reverberated across the market that the blockchain company would launch a new On-Demand Liquidity (ODL) corridor between Japan and the Philippines. The primary goal is to tap into the nearly $2 billion per year remittance market between these two countries. The news was a breath of fresh air for XRP as more investors streamed into the market, perhaps to take advantage of a potential rally. As buying pressure behind Ripple surged, the token shot above $0.7 and stretched the bullish leg, brushing shoulders with $0.75. Ripple Price Corrects As Investors Take Profits The recent drop to $0.52 could have harmed most investors. However, there was hope that they will resurface from underwater and gasp for air. Intriguingly, technical levels joined hands with the fundamentals, boosting XRP to $0.75. However, the resistance at the week’s high cut short the uptrend, killing the hope for the international money transfer token trading above $0.8. At the time of writing, Ripple has retreated to $0.7 amid an uptick in overhead pressure. The correction is mainly accentuated by the desire for investors to take profits before rejoining the market. The Relative Strength Index (RSI) indicator has also retreated from the overbought area and sharply falls to the midline.  This technical tool tracks the trend of an asset and measures its strength. A sharp drop toward the midline and the oversold is indicative of a firmer bearish grip. More sell orders will also be triggered if Ripple makes a four-hour close under $0.7 and the ascending parallel trend line’s middle boundary. Support is expected at $0.65 and $0.62, respectively. If push comes to shove, the token might explore areas under $0.6 again. Ripple price intraday levels Spot rate: $0.69 Trend: Bearish Volatility: Growing Support: $0.65 and $0.62 Resistance: $0.75 and $0.8
BITFINEX:XRPUSDLong
by CoinGape
Ripple: bullish breakoutAfter Ripple (XRPUSD) started a recovery rally from the 3-month low at USD 0.5097 in June to USD 0.7331, there has been a weak attack in the past few weeks and another successful test of the low. The most recent price surge finally carried the coin lively over the downtrend line from the rally high. Soil formation ahead? The short-term chart image has thus brightened. In order to generate a resilient medium-term floor, the USD 0.7331 mark would now have to be sustainably surpassed. We consider the probability of at least one push at this critical hurdle to be high as long as the support at USD 0.5911 is not undershot. With a break above the mentioned hurdle, we would consider a continued increase towards USD 0.7900, USD 0.8536 and USD 0.9300 possible. Focus on support However, a slide below USD 0.5911 and then USD 0.5754 would immediately turn the technical bias to bearish. In this case, we would favor a timely reunion with the medium-term critical support zone at USD 0.5097 / USD 0.5162. In our opinion, a significant shortfall would indicate an immediate continuation of the higher-level sell-off from the record high in the direction of the USD 0.32-0.43 zone. Note: Despite careful analysis, Global Investa accepts no liability for the content, topicality, correctness or completeness of the information provided. The information provided does not constitute investment advice, purchase recommendations or investment brokerage.
BITSTAMP:XRPUSD
by Michael-Neubauer
XRP MACD Bullish Cross!!! Win!Hello IWealth Here, I have been Trading and Teaching for 7 years. and im happy to share my idea that could help you in the crypto space. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------ XRP is looking great because on the 2 day chart we have a bulling cross on the MACD, the momentum looks to be shifting to the upside now since it been oversold and low for a while. I expect a bullish month for august for xrp!
Long
by IWealthCommunity
1
Using the Fib Wedge tool XRPUSD The wedge tool can be demonstrated here XRP can be seen in 2014 (the early days) pumping periodically throughout fib ranges When finished it led to a massive breakout. Now the current rising broadening wedge can be seen to be pumping in the same periodic matter Is this a sign of a large bull move coming? maybe. The only difference is this time the wedge is expanding as price is rising. While before the price was falling as the wedge was tightening. This is makes the situations kind of equal in a way. In green circles (flag emoji) very similar price action can be seen. Below is a clearer version of the current ascending wedge on XRP
BITSTAMP:XRPUSDLong
by Bixley
1
Ripple Rolls Down The Runway Preparing Ultimate Takeoff To $1 XRP price recoiled from support $0.52, clearing the path toward $0.6. A break above the month-long descending trendline rejuvenates the bulls' effort for gains heading to $1. Ripple has gained some ground since the selloff earlier this week. The cross-border money transfer token lost a considerable amount of its value, whereby the bearish leg extended from $0.6 to $0.52. A more than 10% decline in the cryptocurrency market is not surprising, but the same in another industry would leave an imperfect and an unwanted storm. Meanwhile, XRP seems to have gained all the ground this week, suggesting that the international money transfer will end the week in the green. At the time of writing, Ripple teeters at $0.59 and looking forward to trading above $0.6 in the near term. XRP Price Gain Recovery Momentum Several buy signals keep Ripple bulls on toes as investors speculate on the price hitting higher levels in the coming sessions. Firstly, settling above $0.6 would be an excellent boost to ascertain the market's stability. Secondly, Ripple is trading marginally above a month-long descending trend line, suggesting that one of the most significant barriers are out of the way. Note that the 50 Simple Moving Average (SMA) caps the immediate upside and must come down for bulls to extend their leg toward $0.7. The Moving Average Convergence Divergence (MACD) indicator is vividly bullish as the 12-day EMA crossed above the 26-day EMA. As the MACD nears the mean line, the odds for Ripple sustaining the uptrend increase incredibly. Similarly, the Relative Strength Index (RSI) affirms that bulls have the upper hand. This technical tool follows the trend of an asset and calculates its strength. A sharp move from the oversold region to the midline shows that the bulls' grip is more substantial. If the RSI continues with the same momentum to the overbought territory, Ripple will take down the numerous stubborn hurdles, heading toward $1. Ripple Intraday Levels Spot rate: $0.59 Trend: Bullish Volatility: Low Resistance: The 50 SMA and $0.7 Support: $0.56 and $0.52
BITFINEX:XRPUSDLong
by CoinGape
Ripple - what's next? A big wave down? 😵😵The Ripple chart shows a strong support level of $0.587. XRP is starting to push towards that level, which signals that the move downward may continue. If the price breaks this level and tests as resistance, it would be a good opportunity to sell. The target for this move is low at $0.5, there might be enough liquidity for buying, if there is a strong volume increase in this variant, you can try to go long. 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
by Yuriy_Bishko
15
Friday: Ripple - Week 28Hello Traders! Check Related Idea for market context!! Looks like the structure will break the low, and then we can look for bullish clues to buy. I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action. Thanks for the support! ----------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------- SMASH that follow button! 👍 💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you! RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
BITSTAMP:XRPUSD
by INotFancy
1
RIPPLE: Is the recovery over?Technical analysis of Ripple (XRPUSD) - viewing in the H4 chart Starting from the 3-month low at USD 0.5097 in June, Ripple started a recovery rally to USD 0.7331. Since this three-wave recovery, the price has been crumbling again. The previous low of the correction from the correction was marked last week at USD 0.5920. Critical support in sight In our opinion, the slow downward momentum to date still leaves scope for a further wave of recovery. The condition for this, however, is that the critical support can be defended at USD 0.5815. At least one serious test of the aforementioned support is likely in the short term. A sustained slide below that would make us favor the bearish scenario, which is a continued decline in the price towards the previous correction low at USD 0.5097. We believe that the significant shortfall would signal an immediate continuation of the higher-level sell-off from the record high in the direction of the USD 0.32-0.43 zone. Trigger zone on the top To generate a bullish connection signal, the coin would have to dynamically move the short-term critical resistance zone at currently USD 0.6500-0.6700 out of the way. If successful, we see further recovery potential in the direction of initially 0.7220-0.7331 USD, 0.7750-0.8050 USD and 0.8536 USD. Note: Despite careful analysis, Global Investa does not accept any liability for the content, topicality, correctness or completeness of the information provided. The information provided does not constitute investment advice, purchase recommendations or investment brokerage.
BITSTAMP:XRPUSD
by Michael-Neubauer