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Rippleusdt

A breakout can lead the Ripple to achieve all time high priceOn 25 Oct the xrp moved up with massive trade volume of $2,486,979,029 while on 24 Oct it was recorded $1,638,078,551 as per coinmarketcap data. On day chart volume oscillator was showing powerful value of 18.66 and more than 51% volume was increased and strong green bullish candle stick was showing the power of bulls. Lets have a look behind the scenes. If we move back to 2017 the it will be revealed that we have a very strong key resistance level at $0.30. As per Bitfinex chart the Ripple has been struggling below $0.30 from May 2017 to Dec 2017 then it broke out this level on Dec 2017 and accelerated well and achieved all time high price then moved down and has been floating above $0.30 from Aug 2018 to Aug 2019 because the same resistance level was now playing the role of support. Now the priceline has broken down this support and this level is again working as resistance and the price action is struggling below this resistance again for the breakout and on 26th Oct there was a second attempt by the price line to breakout this key resistance, this is also a strong human psychological resistance as it has been always playing active role of resistance and support since 2017. If we look at week chart then it reveals the XRP formed a symmetrical triangle in 2017 and when it came at the end of this triangle a golden cross between exponential moving averages EMA 10 and EMA 20 triggered bullish divergence and compelled the price action to breakout triangle's resistance which led towards all time high price, almost same as like that price line is moving within a triangle but this time the triangle is descending and the price action is almost at end of this triangle and EMA 10 and EMA 20 are likely to form golden cross which can again lead the XRP price to breakout the resistance of triangle and definitely this breakout will also lead the price action to break the $0.30 key resistance level then XRP can again achieve higher than the previous high position. After this break out we can see Ripple leading the top 10 cryptocurrencies in bull rally. Regards, Atif Akbar (moon333)
BITFINEX:XRPUSDLong
by moon333
RIPPLE will give us great Profits, be Sure! Hello, Traders! Monfex is at your service and today we overview XRP/USD. What do you expect from Ripple? Curent price ~$0.257 It is moving in the falling wedge and now near support - buy - accumulation zone. Also XRP has by Stoch RSI two bullish div and going to leave the oversold zone. So we have asume that soon will be good positive movement on this chart! We have key resistance price level ~ $0.266 , there is resistance volume with MA20 by the breakdown of which we also can assume buy position. Active Trade Signal by XRP/USD - Buy below $0.248 - Take profit ~ $0.322 - Stop at $0.218 Share your thoughts, ideas about the market under the chart. Disclaimer This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
BITSTAMP:XRPUSDLong
by Monfex
4
XRP/USD Price Action Analysis | A Weak ConsolidationRipple is trying to get back in the Trading Range. Even if it manages to do so, this weak structure indicates that it will continue its downtrend after taking a visit to the previous swing high and hunting the stops above it. That visit, is our initiation. Entry: 0.267 SL: 0.288 TP-1: 0.214 TP-2: 0.169 R/R: 4.67 ‪Please let me know if you have any suggestions or any ideas to add. I can also give you more detailed explanation for this specific trade setup.‬ ‪The ideas published here are not financial advices.‬
Short
by CompositeTrader
2
XRPUSD forming a bullish BAT | A good long opportunityOn short term 1 hr chart after forming a bullish Shark pattern priceline of XRP / US Dollar is forming bullish BAT, sofar all legs are driven as required for BAT therefore I am expecting the last leg will be retraced from 0.786 to 0.886 fibonacci and soon it will be entered in potential reversal zone. This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone. I have used Fibonacci sequence to set the targets: Buy between: 0.23583 to 0.23098 Sell between: 0.23710 to 0.24357 Regards, Atif Akbar (moon333)
BITFINEX:XRPUSDLong
by moon333
XRPUSD price action extended the leg and formed a bullish CrabIn my previous chart: the priceline of XRP / US Dollar cryptocurrency formed the bullish BAT but neither the MACD turned weak bearish nor stochastic gave any bull cross to give us any buying signal and eventually price action broke down the PRZ area and now the price action has retraced between 1.27 to 1.618 and formed a bullish Crab and it is entered in potential reversal zone to hit the sell targets soon insha Allah. This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone. Volume profile is still showing less interest of traders here and stochastic is oversold and also gave bull cross on current candle stick but MACD is still strong bearish so for secure trade we can wait for MACD to turn weak bearish. I have used Fibonacci sequence to set the targets: Buy between: 0.22595 to 0.19817 Sell between: 0.24751 to 0.29968 Regards, Atif Akbar (moon333)
BITFINEX:XRPUSDLong
by moon333
2
XRPUSD formed a bullihs BAT | A very good long opportunityPriceline of XRP / US Dollar cryptocurrency has formed a bullish BAT and it is entered in potential reversal zone to hit the sell targets soon insha Allah. This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone. Volume profile is showing less interest of traders here, but Stochastic is oversold and did not give bull cross and MACD is strong bearish so for secure trade we can wait for MACD to turn weak bearish or for stochastic to give bull cross then buy. I have used Fibonacci sequence to set the targets, and this time I have defined buying zone from 0.618 to 0.886 of X to A Fibonacci projection: Buy between: 0.27799 to 0.25664 Sell between: 0.28389 to 0.31227 Enjoy your profits and Regards, Atif Akbar (moon333)
BITFINEX:XRPUSDLong
by moon333
XRPUSD formed a bearish gartley | A good short opportunityWith the formation of bullish gartley pattern which I have published in my previous below idea: The price action was also forming another bearish harmonic gartley pattern and now it is entered in potential reversal zone to hit the targets soon insha Allah. But MACD is strong bullish and Stochastic is also bullish and did not give bear cross sofar moreover the Volume profile of complete pattern is showing that the traders are still interested to trade above the potential reversal zone but not above the resistance line. So for secure trade we can wait for MACD to turn weak bullish from strong bullish or for Stochastic to give bear cross then by and the PRZ area or the resistance line can be used as stop loss in case of complete candle stick closes above the PRZ or resistance, coz if the resistance or PRZ will be broken then D leg can be extended from 1.27 to 1.618 fibonacci to form a bearish butterfly pattern and this gartely can be invalidated. I have used Fibonacci sequence to set the targets: Sell between: 0.25975 to 0.26308 Re-Buy can be between: 0.25713 to 0.25083 Enjoy your profits and regards, Atif Akbar (moon333)
BITFINEX:XRPUSDShort
by moon333
4
Ripple formed a bullish BAT | A good long opportunityAfter successful completion of a bullish gartley pattern priceline of XRP / US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone to hit the sell targets soon insha Allah. Volume profile of complete pattern is showing less interest of traders at this area. But stochastic is strong bearish and has given bear cross moreover MACD is turned weak bullish from strong bullish, so here I would suggest to wait for MACD to turn back strong bullish or if the MACD will be turned strong bearish then wait for to turn it back to weak bearish or wait for bull cross from stochastic then take the long position. The PRZ area should be used a stop loss zone if a complete candle stick will be closed below this area. I have used Fibonacci sequence to set the targets. Buy between: 0.25350 to 0.24754 Sell between: 0.25510 to 0.26309 Enjoy your profits and regards, Atif Akbar (moon333)
BITFINEX:XRPUSDLong
by moon333
RIPPLE / USDT Setting Up For ABC CorrectionRIPPLE dropped nicely and looks to be entering an ABC corrective pattern. We just saw Wave A at $1.64 - matching the 4 Wave range. Our next target is Wave B at about $2.25 - matching the 3 Wave range. After that, Wave C should return to at or under $1.64. It could continue a downtrend after this point or bounce off the $1.60 support and continue a new impulse wave up. Things to watch: BTC movements could break the pattern. RIPPLE has been pretty reactive to BTC recently. A BTC movement could cause anomalies or break out of the standard ABC trend. TARGETS: Wave A at $1.64. Wave B at about $2.25. Wave C at or under $1.64. Note: This is an idea of a future market movement. The current markets are highly volatile and can change at any moment. It is not a suggestion to trade, and I am not a financial advisor.
Long
by jollygreen