Rippleusd
XRP / USDTRIPPLE ON THE WAY TO RETAINING ITS PLACE AMONG THE LEADERS.
In addition, more than a cryptocurrency, it is the Blockchain application behind Ripple that is of interest to many players in the bancassurance industry. Although Ripple has some competitors, its efficiency and current market position gives it a central place in the cryptocurrency industry. For example, at the start of 2021, the number of transactions carried out on average each month represents more than 100 billion dollars. Its partnership with solid and influential companies and financial institutions whose positive reputation reflects on the Ripple is an undeniable plus.
The resilience of Ripple pinned by the SEC.
Thus, despite some scandals, XRP retains its attractiveness. Recall that in December 2020, the SEC accused Ripple of having issued unlicensed securities. Indeed, the SEC criticized Ripple for not registering XRP as a security. This SEC accusation led to a collapse in the price of Ripple, of which individuals were the first victims. Ripple has however proved its resilience, as evidenced by the rise in Ripple prices since then, demonstrating Ripple's ability to maintain its position as a first-rate virtual currency over time.
XRP - We Broke The First Resistance Hi, this is my new update for XRP. We have big price action today, as we broke the first big resistance $1.47-1.50. Now we are getting ready for the next resistance around $1.73. The resistance $1.73 is very strong, since we have 50% fibonacci retracement level from the whole bear market and 78.6% fibonacci retracement level from the pullback we recently had from $1.96 to $0.92. So a backtest of the support level $1.47 would not surprise me, since we have to close the gap, but we can also smash trough the resistance $1.73 and after that we are going to test $2. So be patient and don't PANIC ;)
💡Don't miss the great buy opportunity in XRPUSDTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (1.4982).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XRPUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 73.
Take Profits:
TP1= @ 1.5989
TP2= @ 1.6998
TP3= @ 1.7652
TP4= @ 1.8457
TP5= @ 1.9684
SL= Break below S2
Previous Forecast:
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XRP, Ripple - price moved up exactly as i told. What's next❓14% for 17 hours. Despite the correction of Bitcoin and many other altcoins. Ripple looks strong. Congratulations to those who opened a position with me. If u didn't open it, wait for a retest to 1.4638(but it may not happen). There is the second entry point. I don't see an entry point now.
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
XRP - BULL IS BACK BABYAFTER BOUNCE FROM DEMAND ZONE ON DAILY TF,PRICE CREATE HLHH AND BULL ABC PATTERN TO PUSH PRICE UP TO THE MOON
Correction day for RippleCorrective day for RIpple. After 2 consistently increasing days, it was time for a break. It seems like a day of correction and waiting for almost everything, until the triad passes: FED + OPEC + BIDEN
XRP sluggish recovery could delay upswing to $2
Ripple stalls short of $1.5 after rebounding from areas around $0.85.
Consolidation will likely take precedence based on the prevailing technical picture.
Ripple attempted to extend the up leg past $1.5 on Tuesday, but bulls hit a wall at $1.47. A minor correction occurred with the price sliding under the 100 Simple Moving Average (SMA) on the four-hour chart. At the time of writing, XRP trades at $1.39 while bulls battle the immediate moving average resistance.
The short-term technical picture brings to light a potential sideways trading action. This follows the Relative Strength Index (RSI) on the four-hour chart stalling slightly under the overbought region. The indicator levels at 60 imply that the tug between the bears and the bulls is at a stalemate.
Similarly, the Moving Average Convergence Divergence (MACD) indicator affirms the consolidation period. The indicator assumes a leveling motion in the positive region, thus the possibility of the sideways trading taking over.
It is vital to note that the MACD line (blue) has settled above the signal line, which means that buyers still have the upper hand. Therefore, making a confirmed break above $1.4 may validate the uptrend. On the other hand, breaking above $1.5 could trigger more buy orders as speculation mounts for gains beyond $2.
On the flip side, another daily close under the 100 SMA could see the overhead pressure mount. On the downside, correction from the current price levels may retest the support at $1.2 if the 50 SMA does little to stop the losses. If push comes to shove, XRP may freefall to $1 and perhaps retest the primary support at $0.85.
Ripple intraday levels
Spot rate: $1.4
Trend: Sideways trading
Volatility: Low
Support: $1.2 and $1
Resistance: $1.5
XRP when M00n ?so let's sit and see where XRP will go on his next move while the King is starting to be strong again. XRP could easily reach 10$ at the end of this cycle or much more, anyone knows, time will speak. Like Fibonnacci said " Everything goes up have to go down ", according to this rule the way up could be followed by some retracements, just the basic way of traders life.
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Trading Parts :
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Take Profits Zones :
- Tp1 : 2.5$
- Tp2 : 3.5$ (2017 Bull Run ATH)
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Retracement Buy zone :
- 1$ Starting to become a good support
- 0.75 Strong support on EMA100
- 0.60 When XRP reach back this Zone it's a free gift. All in.
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Like always trade safe and Watchout for the King Moves !
Happy Tr4Ding !
RIPPLE (XRPUSD) LONG $1.9 Quick analysis on RIPPLE (XRPUSD) using both wave theory, Fibonacci analysis :
Wave theory Analysis:
1) XRP had a nice IMPULSE run-up from Apr 4th to Apr 13th going from $0.58 to $1.96 as shown in my 5 point wave in the diagram above
2) After a good impulse phase comes the CORRECTION phase, markets usually stay two-thirds of the time in a correction phase
3) Looks like the correction is a ZIG-ZAG correction look at my wave A-B-C where Wave A touched FIB 61.8% and Wave B is a symmetrical triangle with a nice (3-3-3-3-3) pattern
4) Corrective wave C came down to FIB 78.6% i.e. $0.9
5) The next 5 series impulse wave started as indicated in blue wave line, it also broke the downward channel at $1.1 and started to climb up to $1.4 and hit resistance
6) I believe waves 1,2,3 are done and the resistance is hit at $1.4
6) Once this resistance is made as support and UPON confirmation it's going to go on the next impulse wave 5 to $1.9 target price
Summary :
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1) Looks like the bulls/buyers took control
2) Resistance level in the yellow box is being tested at present
3) Upon confirmation, the resistance is turned into support and goes up in the next impulse leg to the price target
Happy trading, feedback is always appreciated
XRPUSD BUY OPPORUNITY : New High? or Drop? comment your thoughtsHello traders , as you can se in my previous post I shared the first initial entry ar 1.0 If you don't really understand the setup I will link the previous video in which I cover theXRPUSD.
I want to know if you think if this crypto has the potential to create a new high or you see a drop?
Thanks for all the messages , we are back to share setups and trade ideas and more. As you can see we had a strong breakout of the continuation pattern. I'm now expecting a retracement in the zone in confluence to add another position. Do you still believing we will reach new highs?
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!