XRP - Backtest Done!Hi, we have backtested the most important trendline ever. Yesterday we did also test the (SMA50 and SMA100) and both of them held. So now it is time to see if the support level 0.47-0.50 hold. If it doesn’t hold then things will get very ugly in here, but if it holds then I am expecting that we are going to test the resistance 0.75 soon. + We have also tested the support RSI(49) and we are in a beautiful uptrend right now 🙌🏼. So be patient and don’t panic.
Rippleusd
XRP prepares for massive swing to $0.65 as technical improve
Ripple rebounds after support at $0.37; all eyes target $0.65 in the near-term.
The improving technical picture suggests that bulls are back in control.
If the immediate resistance at $0.5 is not broken, XRP may embark on the breakdown to $0.35.
Ripple dropped like a dead weight in the air amid the declines on Monday and Tuesday. The widespread losses left no stone unturned, with the majority of cryptocurrencies posting double-digital losses. XPP could not secure support and the 200 Simple Moving Average (SMA) on the 4-hour chart, culminating in losses under $0.4.
Before the ongoing rebound, the cross-border cryptocurrency established support at $0.37. The high congestion of buyers at this level paved the way for gains above $0.4 and the 200 SMA. Currently, XRP is dancing at $0.49 after stepping above the 50% Fibonacci retracement level taken between the last swing high of $0.66 to a low of $0.36.
A comprehensive glance upwards shows that Ripple bulls are looking forward to breaking the confluence resistance around $0.525, formed by the 61.8% Fibo, the 100 SMA, and the 50 SMA on the 4-hour chart.
The bullish narrative has been reinforced by the Relative Strength Index (RSI) as it heads towards the midline. A break above 50 would encourage more buyers to join or increase their positions in the international money transfer token. Note that trading above $0.525 could trigger massive buy orders, creating enough volume to support an upswing to $0.65.
It is worth keeping in mind that XRP’s expected rally to $0.65 may fail to occur if the short-term resistance at $0.5 remains intact. A correction from current levels will retest the support at 200 SMA. If push comes to shove, the bearish leg will extend to $0.37 (recent support) and $0.35, respectively.
Ripple intraday levels
Spot rate: $0.49
Relative change: 0.02
Percentage change: 4.5%
Trend: Bullish
Volatility: Low
XRP - After the SECHello Traders
XRP did what XRP does and threw a real "sell the news" tantrum. I hope you had some tight SL on your buy orders.
From the 5min chart on the right :
It seems like the dip is over and found support at fib 0.236 (44c)
The BB are contracting, volume is low, volatility might be over for a while.
My bias - bottom is in
From the 1D cart on the left:
Excellent support from previous resistance 37c
We NEED 0,236 to HOLD. IF it doesn't, expect further downside. back to 37c
As Always - lower timeframes needs to be watched to get an indication of what will happen to that important level.
Currently I'm not biased to any specific targets. My buy orders are in, I think I'm just going to chill for a while and let XRP be XRP. You can do that, if you have SL ready. I've been scalping aggressively and I'm taking a break. I'll make another post when XRP closes a 1D above 52c again (could be soon).
Best Regards
Evelyn
Please check out my other price targets for XRP which all hit spot on
_______________________________________________________________________________
Footnote
Not Financial advice
Don't be surprised, XRP will always use any "excuse" to justify one massive sell order (what alerts) even if the news could be seen as "good" news. There are massive players with massive agendas for the price and that's just how it is for XRP (and don't think stonks / commodities are different).
It is disappointing that cRiplle hasn't even posted an official twatter update about what went down in court. But that's the sad part, a perfectly fine digital assets crippled by bad management.
XRPUSD – Potential 42% gains XRPUSD – Potential 42% gains
BUY: 0.51 – 0.54
TARGETS:
1) 0.627
2) 0.755
STOP: Close below 0.48
Rationale:
-Price has been following a diagonal trendline and now finding support on a horizontal level.
-Once support is found it should retest the previous high.
Take profits on the way up.
Your risk, your reward. This is not financial advice.
Happy trading.
XRPUSDT (Ripple) XRPUSDT (4H CHART) Technical Analysis Update
Rsistance line breakout
XRP/USDT currently trading at $0.60
Buy-level: 0.58 - 0.60
Stop loss: below $0.50
Target 1: $0.75
Target 2: $1.00
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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RIPPLE (XRPUSDT/XRPBTC) Daily Trade Setups 2021/02/20Hi guys! I will be sharing the trades that I take in real time, follow to see how my trades work out!
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Trade Setups
Below are the potential trade setups that I would be interested in trading:
XRPBTC
Short Trade Setup #1: Retest and Continuation (200MAs)
1. Price Action: Price needs to move back up to the 200MAs, currently projected to be @ 1100 Sats by the time price reaches it, and bounce back down.
2. Trade Entry Confirmations: Bearish candlestick pattern, above average volume, MACD topping out
Long Trade Setup #1: False Breakdown
1. Price Action: Price breaks below the then rapidly climbs above 950 Sats, forming a bear trap
2. Trade Entry Confirmations: A breakdown candlestick followed by a reclaiming candlestick, above average volume on both breakdown candle and reclaiming candle, MACD bottoming
About Me
I started trading in 2008, first got introduced to bitcoin in 2009, and have been actively trading cryptocurrencies since 2016.
I have worked on Wall Street trading bonds, stocks, and options.
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DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I will not be responsible for any actions you take based on the analysis and comments that I provide. I am simply sharing what I am doing, and is not meant to be investment or trading advice. What you choose to do with the information that I provide is your own sole responsibility! The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk!
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XRPUSD: Bullish Impulse after the Pattern's BREAKOUTHi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
XRP/USD
⚪ Technical Analysis :
Since the 1st of February 2021, the price has been following an interesting trendline, creating with its previous high at about 0.75300 a symmetrical triangle pattern (see the lower highs and higher lows).
On the 12th of February, the price broke a daily S/R zone at about 0.52500 and it re-tested the same level few days later, without breaking the trendline.
It is currently moving bullish, approaching to the dynamic pattern's line.
🔴 Conclusion :
I'm confident to follow the current uptrend, so I'll be waiting for a proper breakout of the triangle pattern before getting a long position on this trade.
I would suggest to be aware on the resistance level at about 0.63600, but in a long view I believe will reach its previous high at 0.75000!
Stay tuned for Updates and Trading Signals !
What's your opinion? Share your idea writing a comment!
⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
Ripple Is Set To Rip Hearts AwayMy last short term Ripple idea was a bit off key but the larger analysis remains in tact for the most part. The current Leading Diagonal formation is promised to have an extremely deep retracement. To find out the exact target of the super sized zig-zag, we can simply apply the Fibonacci tool to the A wave down (big drop on the red wave)
--- oops, the fib tool doesn't show on 'ideas' for whatever reason ;(
A zig zag typically has the following targets for the ending C wave:
100% of A
1.618 of A
.618 of A
Also, C wave mostly always goes beyond the bottom (or top) of the A wave. Considering the height of the B wave (current up wave in also in red), C very likely will NOT end at the .618 target (as it won't be below A). The difference between 100% and 1.618% is literally like 2 cents. Either way, the next big target will be below .30, likely below .25 as well.
The rebound will push Ripple over $1.00 and beyond.
#BuyTheFear
XRP- Time to enter again? 💸Hi guys,
my main concern here is not to be a top author although it is a cool feeling.
In November/December I was actually Top Author on Ripple but then i gradually just stopped posting XRP ideas.. you see, my main concern here is to be useful and appreciated. 🙇♂️
At the same time I had mostly 'bad news' mostly and some people take ideas 'against their investment' in a negative way.
Noe let's get on the chart:
Ripple showing some momentum and i believe it has the potential ow to test the 0,80 dollar mark.
Given that new started coming out from SEC we could expect some (hopefully) good news and a boost on the price. Everything else is doing well, maybe Ripple is next to 'fly'?
Remember: I had bought and sold at a perfect price . I have now bought a bit more again. So expect more posts to follow ☺️
One love,
the FXPROFESSOR
XRP - Most Beautiful Chart Ever I have found many interesting thing here. 1.) We broke the important trendline last week (the red ellipse)☑️ 2.) We are in uptrend right now ☑️3.) We had to back test the support level 0.475-0.49 to check if it holds and we have done it, but we have to close a weekly candle above it to be 100% sure.☑️ 4.) We have made double bottom in RSI and it’s a good sign. ☑️5.) Next week we are ready to test the resistance 0.75, once we get above it the next resistance is 0.94-0.96. I think this is going to happen likely, so be patient and don’t panic 🙌🏼
XRPUSDT (Ripple) XRPUSDT (4H CHART) Technical Analysis Update
XRP/USDT currently trading at $0.545
Buy-level: $0.53 -$0.55
Stop loss: below $0.475
Target 1: $0.63
Target 2: $0.75
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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XRP / USD - can't keep the hands out of the honey potAlright, a lot of fear in this one but I gotta say, when you could pay the SEC but you prefer to pay lawyers to embarrass them instead, you are just a bad ass cowboy.
I am no legal expert but I do know a thing or two about unwanted assets and the value you can get when no one dares to look at them. So, yes, I am net long on this one regardless of what the fuck it is proclaimed be that settlement soon or later in the year or slapped a security label. Why? Because once the smoke clears out, retail people and alt frenzy can still rocket this shit up all the way to Fuck Shit Mountain.
XRPUSDT (ripple), time to purchase.Hi friends. So we all know that ripple very specific crypto. And ripple not directly related to bitcoin pricing. In last days i see very good bulls potential in this cryptocurrency. I mark all interesting market process areas on the chart window. And i mark important levels for you.
Volume analysis thanks to "Earned Pro" script (link below - you can rent it). Levels thanks to X-Lines script (free to use).
XRP Sell a break setup.XRPUSDT - Intraday - We look to Sell a break of 0.5088 (stop at 0.5353)
Short term bias is bearish.
Short term RSI has turned negative.
We look for losses to be extended today.
Our outlook is bearish.
A break of 0.5100 is needed to confirm follow through negative momentum.
A higher correction is expected.
Our profit targets will be 0.4307 and 0.4108
Resistance: 0.5600 / 0.6000 / 0.6200
Support: 0.5100 / 0.4700 / 0.4250
XRP - 3h. Buyers are preparing for the test of $0.6Earlier this month, the XRP market looked awful . After the collapse of the price from $0.76 to $ 0.34, many predicted a bad future for this coin. However, in our three previous ideas , we clearly showed the prospect of coin growth and worked out our scenarios.
It's time for the next short-term idea. At the moment, the wave of growth has been going on since the beginning of February. Buyers managed to keep the global trend line. XRP price correction takes place in the local black channel.
The previous update of the local low ended above the lower trend line of the black channel. If buyers do not allow this time to update the local low - it will be a signal of depletion of sellers . We expect a sharp wave of growth to $0.6.
The critical point of this scenario is $0.51. If sellers manage to break this mark, the price of XRP will fall to $0.44 again
_____________________
We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
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XRP/USDT - Cup with handle. UPTREND❗️❗️❗️ More Trading Charts here: (LINK IN DESCRIPTION) ❗️❗️❗️
Good afternoon dear traders or those who want to trade, but do not know where to start.
I haven't written posts for a long time, but look at the market, there is something to work on and positions are rushed every day in large quantities. I decided to share one of them with you.
Many people love this coin, while others hate it. I make profit on it. The price has been consolidating in a downward channel for a long time. This is a bullish trade within which an under-block figure in the form of a cup with a handle is formed.
I am still waiting for the trade with the formation of the cup handle and after that impulsive growth. Therefore, we take this asset under the gun, find our entry points and make a profit.
❗️❗️❗️Disclamer❗️❗️❗️
Dear friends, traders.
My trading ideas here are not financial advice or coercion into action. I am not responsible for your trading and how you follow all aspects of correct trading.
- I do not recommend that you trade AT ALL if you do not know what risk management is, money management.
- I do not recommend that you trade without a STOP LOSS.
- And I'm not responsible for your "make millions of dollars fast" gag
- I am only showing you the charts that suit me for certain positions.
- For each position - RESPONSIBILITY LIES ON YOU.
If you don't use all of the above, your deposit will soon become $ 0
- Therefore, if you decide to follow my positions - Take responsibility for where the bad outcome may be.
In time, i to bee wrong too, and have a loss.
But with the correct observance of the indicated points, which trade with me others traders - they earn (NOT IN A DAY, but in the medium, long term)
I am only showing you how this or that scenario can work in trading.
For all your actions, only you are responsible.
💠💠💠I am not a scammer and I am concerned about your trade.💠💠💠
This Channel is not financial advise, It's My opinion and My observation: @opptrade