Rippleusd
XRP - What Happens Next?Hi, this is my new update for XRP. In the last 3 days XRP is up over 45% from the support level $0.92 to $1.47, so it is normal to see a pullback. We have broken the resistance $1.17-1.20 and now we are testing the resistance $1.47-1.50, so if we break it then we are ready for the big resistance around $1.73, since we have both the 50% retracement level and the resistance level. I expect we are going to see a pullback to $1.20 to make a beautiful bottom head and shoulders and backtest the support level, but if we break $1.50, then we are ready for $1.73. So be patient and don’t panic, XRP is still BULLISH ;)
XRP recaptures bullish momentum, drawing close to $2
Ripple closes in on $1.5 after rebounding from critical support at $1.
XRP breaks out of a falling wedge pattern as technical align for a significant recovery.
Ripple is up 26% over the last 24 hours following a rebound from the support established at $1. This recovery took place in tandem with Bitcoin’s return above $50,000 and Ethereum’s rally past $2,500. XRP trades at $1.4 at the time of writing amid the bullish impact from the falling wedge pattern.
The four-hour chart brings to light the formation of the highly bullish pattern. Note that falling wedge molds amid a downtrend. Two trend lines converge to make the pattern, connecting lower highs and lower lows.
As the gap between the lines narrows, the asset moves closer to breakout. Usually, an ultimate uplift occurs once the price cracks the upper trend line’s resistance. For instance, Ripple is in the middle of the breakout, bouncing off the support at $1.
Meanwhile, bulls seek support above $1.4, which will allow them to focus on highs above $1.5 and toward $2. The immediate upside is capped by resistance at the 100 Simple Moving Average (SMA). If broken, Ripple will quickly face the remaining hurdles heading to $2.
Besides the wedge pattern breakout, the Ripple’s uptrend has been supported by the Moving Average Convergence Divergence (MACD) indicator. The indicator has reentered to positive territory, and the MACD line (blue) crosses above the signal line. If the technical picture remains unchanged, the uptrend will continue throughout the coming sessions.
The Relative Strength Index (RSI) also validates the uptrend after making a gradual recovery from the oversold region. Cracking its way into the overbought area would trigger more buy orders adding to the tailwind for gains toward $2.
Ripple intraday levels
Spot rate: $1.4
Trend: Bullish
Volatility: High
Support: The 50 SMA on the four-hour chart, $1.12 and $1
Resistance: The 100 SMA, $1.5 and $2
XRP/USDT - falling wedge breakout imminentXRP/USDT is close to the tip of a falling wedge and looks like it's about to break out.
Strong bullish divergence on the last drop and the current price action looks very bullish, price already moved over the downtrend and we should see another leg-up within the next few candles.
Double bottom on the 4hr 200 MA as well.
It's currently showing a very similar pattern as the one it formed before the pump from 50c upwards.
Same as always - buy close to the tip of the wedge or buy the re-test after breakout which in this case is now.
Good luck and let me know what you think!
XRPUSDT (Ripple) 2$ soon!XRPUSDT (4H CHART) Technical Analysis Update
Trend line breakout
XRP/USDT currently trading at $1.19
Buy-level: $1.15 - $1.20
Stop loss: Below $0.90
Target 1: $1.35
Target 2: $1.50
Target 3: $1.75
Target 4: $2.00
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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XRP - Most Beautiful Chart Ever Hi, this is my new update for the longterm position in XRP. In the last 6 days XRP has fallen over 45% from $1.96 all the way to the support level $0.92. I think we have reached the bottom, because we have backtested both the trendline and the mega support level around $0.92. If we look at the structure from 2017, we have a similar pullback and if we repeat the same structure then we are going much higher to $8-10. The first major resistance is around $1.20 and the next one is between $1.47-1.50. So be patient and don't PANIC ;) Look at the bigger picture in here.
XRPUSD: In Depth Trend Analysis-Still BullishHello All,
I have spotted a very important trend line that the price of XRP has bounced off. This trend has been well respected this entire bull market.
Anytime its above it has been bullish. Anytime below has been consolidation/bearish.
IF XRP can hold above the white trend line, It is still considered bullish. Important mark to break above & hold is $1.15. Major Support $0.90.
Thank you !
Please Comment and Like
XRP Look's Bullish To MeXRP is looking bullish to me pack your bag's we are at take off.
what I expect is one of 2 things to happen
1. (Orange) ABC Pattern
to 1.349 then back to support at 1.0147 then up to monthly Fib 0.618 at 2.0936 price.
or
2. (White) 12345 Pattern
Up to Monthly fib at 2.0936 back to fib. at 1.34989 and straight to my target 1 at 2.9836 +
I'm not trading adviser nor financial adviser,please do your own reserch before trading,
Ripple- Don't get too excited, 1.20-1.25 is the ceilingAs I expected, XrpUsd has dropped under 1usd important figure. Of course, this strong sell-off was followed by a rebound and Ripple managed to recover some of the losses and is trading back above 1usd.
However, If we take a closer look, the rise is clearly corrective in nature and XrpUsd has a very strong confluence resistance between 1.2 and 1.25
A new leg of selling can start from this point and a new dive under 1usd is probable
XRPUSD (Ripple) - 2021 Bull-Run, All time Highs within 1 Month?!I just want to highlight my view on XRPUSD (Ripple)! (Not a setup)
We had a lot of fundamental price manipulation over the past two months including the
current S.E.C Lawsuit and other news.
Many private investors got shaken out and panic-sold their XRP Holdings.
I am a Technical Trader but Fundamentals align perfectly right now and
everything looks like we at least repeat 2017 bull run...
We had a closure above 61.8 Fib for the first time repeating
the same pattern with an insane price action.
let us know what you think in the comment section..
Alan
XRPUSD - Looking for more Fall - 23/Apr/2021Hello Traders,
Hope you all are doing good!!
Currently Ripple is correcting for another Fall.
I expect it to go till 1H OB & in case of extended correction, may be till 4H OB.
For now i am looking for that 1H OB for Buying XRP at discounted price to ride it till 2-3USD levels.
Check link(s) for earlier analysis.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Is ripple's bull run over? I wouldn't personally short/sell this crypto till its broken below the red line ive drawn, but nevertheless, its retraced a lot of it's 2020 gains and looks ripe for a reversal. OBV, a favourite for me has also reduced considerably as its price ranges in the pennant's insides -- Another bearish sign. Im still neutral but lets see what happens
Hit the like button and follow for more, itd mean a lot! :)
Ask me anything and tell me what you think. Ill def respond
___________
If youre new to TA and don't know what a pennant is, its a well known bearish sign and Ive explained it in a previous post, thanks for reading?
XRPUSDT - Can we break this resistance? or back to lower prices?We're testing a resistance right now,
There are 3 support areas which can hold the price in case we have a correction, but if we break this resistance area the price can go so much higher. I'll update this idea once we touch the first TP.
for opening long positions: wait for a confirmation and closure of a 4H candle above the resistance area.
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck 🎲
Tell me your ideas. Like and Share 🗣✅
Is that another wedge forming? Ripple looks set to continue its upward momentum after a health cooling off period.
The bounce should take place within the next 1 - 3 days. Fingers crossed :D
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XRP commences bullish comeback toward $2
Ripple resumes uptrend as bulls shift their focus from defense to hitting highs above $2.
The MACD and other short-term technical levels hint at the uptrend catching momentum.
XRP must hold the price above $1.4 to sustain the price action heading to $2.
Ripple trades at $1.41 following a 10% gain in 24 hours. The cross-border token has consistently rebounded from the support at $1.12. Earlier this week, XRP was rejected marginally above $1.5. Therefore, this is a second attempt to break the barriers toward $2.
Ripple’s technical breakout builds momentum
The four-hour chart has brought into light a descending parallel channel. The pattern has controlled the downward price action since the rejection ranges close to $2. The channel’s lower boundary support played a crucial role in stopping losses from extending under $1.
Moreover, Ripple held onto the middle boundary, as discussed on Tuesday. The support allowed buyers to concentrate on lifting above the upper boundary resistance. In the meantime, Ripple has crossed above the channel’s hurdle as well as the 100 Simple Moving Average (SMA).
On the upside, Ripple bulls have a task to sustain the uptrend above $1.4 and to close the day above the 50 SMA resistance. Here, more buyers would be called into the market as speculation builds for an upswing beyond $2.
Other technical indicators such as the Moving Average Convergence Divergence (MACD) reinforce the bullish comeback by recovering the ground toward the mean line (0.00). Crossing into the positive region will be a powerful bullish signal. The MACD line has already crossed above the signal line, adding credence to the narrative.
Ripple intraday levels
Spot rate: $1.41
Trend: Bullish
Volatility: Low
Support: $1.4 and $1.12
Resistance: $1.5 and $1.6
XRP - Double Bottom Done Hi, this is my new update for XRP. After 41% correction from $1.96 to $1.13, we got today morning a little confirmation that we have reached the bottom, with a double bottom. The support level $1.18 held very well and if we close today’s candle above $1.33, then we have broke the first resistance. The next resistance $1.47, but the first thing we have to do is to break that curveline. So be prepared and don’t panic, XRP is still BULLISH ;)