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Rippleusd

Ripple price firmly holds crucial support as $2 beckons Ripple once again lost steam during an approach to $1.6. A correction began on Wednesday as bears put pressure on the support areas at $1.5 and $1.4, respectively. The news that Tesla had suspended Bitcoin payments for its electric vehicles sent the market in bloodshed led by BTC’s drop under $50,000. Ripple could resume uptrend toward $2 The retreat from highs close to $1.6 embraced an anchor at $1.33, reinforced by the 50-day Simple Moving Average (SMA). This anchor brought back some semblance of stability in the market and prevented Ripple from exploring levels toward $1. At the time of writing, XRP trades at $1.35 after bouncing off the critical support. On the upside, a delay is expected at $1.4, but once the hurdle is broken, Ripple bulls may start lifting to higher levels. The Relative Strength Index (RSI) reveals that the bullish grip is becoming stronger. This move comes after the trend strength indicator bounced off support at 45 and is currently moving to the midline. A continued movement toward the overbought region would affirm to the investors that the slightest resistance path is upward. It is worth mentioning that Ripple is not out of the woods yet based on the Moving Average Convergence Divergence (MACD). For instance, the MACD line’s divergence under the signal line keeps widening, insinuating that the bearish outlook is apparent. Therefore, it calls for caution and waiting for a validated break before going all-in on XRP. Ripple intraday levels Spot rate: $1.35 Trend: Bullish Volatility: Low Support: $1.33, $1.2 and $1 Resistance: $1.4, $1.6 and $1.8
BITFINEX:XRPUSDLong
by CoinGape
XRP selling slows down while buyers make a comebackRipple appears to have renewed the uptrend following the flash drop from $1.6 to $1.2. Overhead pressure seems to be diminishing as bulls take control. Several hurdles have already been overcome, whereby XRP currently trades at $1.52. Ripple’s slightest resistance path is upward The cross-border money transfer token is immediately supported by the 100 Simple Moving Average (SMA). Other key support levels include the 200 SMA, $1.4, and $1.2. As long as support areas remain intact, bulls will have ample time to focus on building the bullish momentum toward $2. Meanwhile, Ripple’s immediate upside is limited by the 50 SMA. A confirmed break above this level is needed to reinforce the upswing eyeing levels above $1.6. Various technical levels have aligned for an upswing to $2. For instance, the Relative Strength Index (RSI) shines a light on an improving bullish grip. Following the dip to the oversold region, the RSI recovered above the midline and imminently headed to the overbought area. XRP has enough room for growth because it is nowhere near overbought conditions. The Moving Average Convergence Divergence (MACD) hints at the ongoing uptrend pulling to higher levels. This bullish impulse has come into the picture as the indicator begins recovering from the negative region. Investors are likely to increase their positions in Ripple if the MACD line (blue) crosses and sustains a divergence past the signal line. Moreover, it is a massive bullish signal when the MACD strikes above the mean line (0.00). Ripple intraday levels Spot rate: $1.52 Trend: Bullish Volatility: Growing Support: 100 SMA, $1.4 and $1.2 Resistance: 50 SMA, $1.6
BITFINEX:XRPUSDLong
by CoinGape
1
XRP BREAKOUT CONFIRMEDLadies and gentleman Near missed it, this powerful breakout from the most talked-loved-hated cryptocurrency out there. I can confirm the breakout, with a positive volume and (my sources) are Bullish finally. Payday for the holders, a lot of action for day traders, war formation for marginals :) In Ripple better trade with 20% SL and no TP (this is not an advice). Consider my previous charts on XRP updated with the last. MMM (Make Motherf.ckin Money) Invest your money wisely, do it now.
Long
by DeFontain
2
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
XRP Possible Reversal ZonesAs much as I love XRP and big fan, it's time to let it be for a while. XRP broke the ascending channel (blue parallel lines), Important key points: a. Price broke the ascending channel. b. Bearish divergence in the MACD c. Before breaking there was a sort of a diamond pattern. (This patterns can be continuations but it is also common to see reversals) d. That V reversal inside the diamond indicated there was a willingness to short at that level e. Price is in a very gray zone, meaning that it could either continue its downward correction or continue its long term bullish trend. f. Price trading below its EMA20. The zones of possible reversals are the following: First support around 1.07 -1.12 (Very Likely) Second support around 0.88 - 0.94 (Likely) Third Support around 0.50 - 0.64 (less likely) In the first two supports we will be looking for a double bottom reversal. In the third support zone, which is a zone of liquidity, given by the volume profile, in other words the range of prices where XRP was mostly traded recently, we will look for an AB/CD reversal. Hope this helps a bit. Just an OPINION please LIKE and FOLLOW. Best of Best :)
by Robertus