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Rippleusd

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
XRP - 6h. Local reversal from the range of $1.8-1.86.The end of the active growth wave in the Ripple (XRP) market on April 14 took off the rose-colored glasses from investors. Setting a new local high at $1.96 has returned confidence to XRP connoisseurs in a non-corrective rise in the coin to $10 . This goal was once popular among XRP fans. Of course, everything is possible in the crypto market, but today a short-term forecast awaits us. As we can see on the daily chart, a liquid zone has formed in the range of $1.8-1.86 , where sellers are actively selling XRP: For 3 days from April 13 to April 15, buyers tried to take control of this range. However, sellers managed to start a correction and quite sharply lower the XRP price to $0.886. In the previous idea, we predicted a drop in the XRP price to this range: Buyers managed to stop the XRPUSDT price drop and now the buyers' counterattack continues. However, as we can see on the chart, this counterattack continues at low volumes . Each subsequent local maximum is updated at lower volumes. Each subsequent local impulse is weaker than the previous one. The price is clearly starting to slow down before the liquid range of $1.8-1.86: As you can see on the 2 hour timeframe, a sharp attack of buyers turned into an inclined trend channel. The breakout of the local range of $1.5-1.55 means that the buyers' attack is completed and a new impulse to fall begins. At the moment, a positive scenario in the XRPUSD market is the continuation of the price movement within the triangle with the aim of breaking it upwards with a target of $3 . To support this scenario, buyers should not be allowed to drop below $1.1-1.2. The negative scenario in the XRP market is a deep correction to $0.74-0.77. In this scenario, the seller will test the global trend line of the growth channel, in which the price has been moving since December 2020. Given the high probability of a new wave of decline in the BTC market from the $ 60,000-61,000 range, we are in no hurry to buy this coin. When the price has tested the range of $1.1-1.2 we will release a new idea. _________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
28