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Rippleusd

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.
BITSTAMP:XRPUSDLong
by GOAT1375
4
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
BINANCE:XRPUSDLong
by CoinGape
2
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.
BITSTAMP:XRPUSD
by BlockTechEv
4