Ripple- Next target 0.4?As expected, XrpUsd has broken 0.8 support and now is trading at 0.75
My outlook for the crypto market remains grossly bearish and I expect Ripple to reach 0.4 in the next wave of selling
0.8 is now resistance and rallies to that zone should be sold
Only Ripple above 1usd would put a pause on this outlook
Rippleusd
$XRP short-term to long-term outlook and planAfter a strong move from $0.21 on the 4th of January $xrp got to a peak of $1.66 on the 26th of April 2021. So far it has broken down below the support at $0.86 which has turned to resistance, a bearish pinbar candle has formed at the new resistance, and there is a good chance that price falls all the way to the next level of support at $0.46. Which is also the 61.8% Fibonacci retracement of the 4th January rally to $1. 6. The $0.4 support would also indicate a higher low for $xrp which means the uptrend will continue. Expecting $xrp to go from $0.46 to $5.16 which is the 0.618 extension level. I plan to risk 3% of my
With the hope of making 10x of that.
XRP HASN'T HAD ITS BULL RUN YET - CryptoManiac101XRP / USD TA
Just as the we see market turn bearish for a few days and finally get neutral/negative SEC news about the case delay in the Ripple case, we are literally skating on the newly found support/bottom. Many so called 'diamond hand' investors decided to sell, while financial institutions began hoarding more that ever before.
Enjoy the show whether you're in on out!
Thursday: Ripple - Week 24Check related ideas.
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!
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Why Ripple Price Holding Above $0.8 Fails To Excite Investors?Ripple dealt with massive bearish calls last week amid the drop from levels slightly above $1. Many analysts believed that the cross-border money transfer token headed for a significant dive to the support in May at $0.65 and perhaps extend the down leg to $0.5.
However, XRP eagerly embraced support at $0.8, allowing bulls to push the price to higher levels. Nonetheless, since the week started, the international money transfer token has not made any appreciable gains above $0.9.
When will Ripple price come out of this crucial range?
In the last few days, XRP sustained in a narrow range between $0.8 and $0.9. The immediate downside sits on top of the 50 Simple Moving Average (SMA) support on the four-hour chart.
As long as this support is intact, bulls will focus on gains above $0.9 and toward $1. On the other hand, closing the day under this same level may see XRP testing the lower range limit at $0.8.
The Moving Average Convergence Divergence (MACD) indicator currently levels at the zero line. This indicator identifies positions to buy the dip or sell the top, especially in a trending market, by following the asset’s trend direction and momentum.
Note that the leveling motion has no definitive direction; thus, Ripple price consolidation will likely continue to the end of the week. However, the MACD line (blue) may help traders figure out the next breakout direction.
A MACD line crossing above the signal will be a bullish signal, calling buyers to increase their exposure in anticipation of gains toward $1.
On the flip side, the MACD line crossing beneath the signal line would imply that losses would take precedence. Apart from $0.8, other key anchor zones are $0.7, $0.65, and $0.5.
Ripple price intraday levels
Spot rate: $0.86
Trend: Sideways
Volatility: Low
Resistance: $0.9
Support: $0.8, $0.7 and $0.65
Tuesday: Ripple - Week 24Hello Traders! Check out "Related Ideas" for more context!
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!
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Ripple for week 24I 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.
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Friday: Ripple - Week 23I 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.
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Thursday: RIPPLE - Week 23Ripple is looking good for buy opportunities now, look at the 'related ideas' to get an analysis of the bigger context, and why my directional bias is bullish now.
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.
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Wednesday: RIPPLE - Week 23Hello Traders! So, ripple did what I expected, as you can see at 'Related Ideas', but now that we have broken the low, and reversed, we have created the start of a possible Expanding Flat. My directional bias now is bullish - and therefore I'm only looking for buy opportunities on lower timeframes.
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.
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XRP technical levels fade while freefall to $0.65 beckonsRipple has embraced downward price action since the beginning of June. The international money transfer token crashed from $1.71 to $0.65 in May but recovered to highs around $1.1 at the beginning of June.
In the last week, the overall general outlook in the market has seen XRP bulls fight a losing battle. Initially, buyers focused on gains above $1, but the barrier at $1.1 only got them exhausted.
Meanwhile, the aggressive bearish wave in the market, especially this week, forced Ripple to explore the rabbit hole. Support at $0.9 and $0.8 did little to halt the declines; thus, XRP revisited a previous anchor at $0.78.
Ripple's technical picture adds credence to the bearish outlook
Many analysts believe that this a bear cycle and that Ripple may drop further. The short-term technical outlook confirms this narrative. For instance, the Moving Average Convergence Divergence (MACD) continues to dip inside the negative region. Additionally, the MACD line (blue) recently crossed beneath the signal line, a critical bearish signal.
Similarly, the Relative Strength Index (RSI), a technical indicator tracking the trend of an asset and measuring its momentum, reinforced the bearish tightening grip. Another approach in the oversold region shows that sellers have the upper hand.
For now, the path with minor hurdles is downward. Hence, immediate support between $0.78 and $0.8 is crucial for the bulls to resume the uptrend. However, another swing south might bring XRP near the primary support in May at $0.65.
Ripple intraday levels
Spot rate: $0.84
Trend: Bearish
Volatility: Low
Support: $0.78 and $0.65
Resistance: $0.9 and $1
XRP CLEAR FOR TAKE OFF NEXT MONTHI have posted many times about XRP going to the moon
And yes we are still poised to break past all time highs... but I have mentioned before PATIENCE IS KEY
It dawned on me yesterday night and here are my theories that NOBODY IS TALKING ABOUT and why XRP is not going to moon until these things happen
- SEC CASE: This case is being pushed back on purpose for 1 reason only "JED MCCALEB"... Ripple knows if this case gets settled quick the price will shoot up when its relisted
- JED McCaleb - He still owns millions of XRP and do you really think ripple wants their price to be $13.00 a coin and he is cashing in on that? Keep in mind he started XLM which is Ripples competitor
My predictions have changed drastically after realizing this meaning Jeds XRP holdings should be finished by this summer which lines with up the monthly chart.
HOW THIS PLAYS OUT
Currently sitting on a Red Candle, when this candle closes and forms the next one it should be green.
July's candle closes green that will confirm bullish momentum,
Then in August as the candle retraces Jeds XRP should be completed and August monthly candle should shoot up to ATH and by the end of 2021 hit $13-$30 a coin
#CHESSNOTCHECKERS
Stack now or forever hold your peace
Monday: RIPPLE PART 2 - week 23Ripple is not really going anywhere, it just keep correcting. The structure is making flat-structures, but they are all very short-term setups, and to take advantage of these opportunities it's all about timing, and being able to enter and exit positions quickly and swiftly. It's hard to update these trades and ideas in real-time here on tradingview, but if you understand market structure, then you understand how to adapt and identify to the market structure scenarios unfolding and you know how to take advantage of them.
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!
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💡 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.
Monday: RIPPLE - Week 23I 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!
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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.
XRP - Bearish Short TermXPR on the 8HR time frame has had candles close bellow the "Ascending lower trend line" breaking this symmetrical triangle. If the price falls and closes bellow the pivot level of $0.88 then it will start forming lower lows instead of higher high's pattern previously.
$0.82 is a crucial key level of support when zooming out & viewing other larger time frames. We must hold above this to remain bullish short term.
$1.05 is currently our key level of resistance that the price action struggled to break. If XRP can break this then the price will head back to $1.30.
-Consolidation within the price of XRP has been moving slow recently inside the symmetrical triangle. So it's more likely XRP will drop slightly lower to retest previous zones, then have a huge uptrend breakout; maintaining bullish long term 2021 :)
XRP - Might Drop!XRP is obviously in a downtrend right now. This trend isn't that strong but it still makes it risky.
This coin is going down with a downtrend regression just like many other coins.
I'm seeing more drop coming because the price is getting closer to the Dynamic Resistance, and for breaking that it needs more Buy Volume, which we don't have right now. All platforms are showing that Sell Volumes are high.
My private indicators are also showing Sell Signals.
Fib and Bollinger are not showing anything strong either so you guys be careful buying this or opening long positions for now.
There is a support shown on the chart but it doesn't look that strong.
Current Market Price: $0.9375
Good Luck
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Ripple / XRPUSD: 15min and 1H Chart BUY opportunityHello traders! Watch out for the breakout of the flat-structure that is currently forming, a great buy-setup in the making. The probabilities are good that this will go up, but whether it's the start of the big up move or not is not something anyone can tell. As traders we have to adapt to different market scenarios, we deal with probabilities here. For now I see 2 scenarios, and I will trade according to those, until I see market structure doing something different. Trade with care!
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!
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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.