Rippleusdt
Not a Happy Pattern: RippleRipple is not creating a happy pattern with much of any potential to the upside. While BTC and ETH are trying to form a continuation pattern. Ripple just isn't at the moment.
Daily chart.
MACD looking bad, about to cross.
RSI not happy
Zooming in we have MACD about to cross and we are forming this descending triangle, which is not a happy sign. We really need to test this 91 cent area again for a continuation move. If we get a clean break of 80 cents, we are going to 70 cents at least.
If you are still in a position take half off the table and set a stop. Use caution and happy trading.
-Sherem
Ripple forming another continuation wedge, but use caution!!Ripple is forming another continuation wedge like the one we saw last time. However, this one is trickier because the wedge is in this resistance zone and right below the $1 mark which is more psychological than anything. the last wedge we had a good 20 cent gap before we hit any type of resistance. If we put a buy stop above this wedge we only have a few cents before it hits that $1 mark. If you believe it's just going to blow through $1, then a buy stop just above is the right call. But this first resistance zone has really held up. I would want to see it crack a $1 before I trade a break. Your call how you play it.
smash that like button if that helps.
Happy Trading,
-Sherem
Ripple You Are Cleared For TakeoffAfter what can only be described as a dismal three months for Ripple investors who bought into the hype in December - January, there may finally be a light at the end of the tunnel. Looking at the chart, you can see that Ripple finally and clearly broke through the downtrend channel that plagued the cryptocurrency for months. Further, like most of the other cryptocurrencies, Rippple is showing an ABC correction pattern. Unless Ripple takes a major nose dive in the next 2 weeks, it looks like the majority of pain is over and we should see a slow and steady uptrend from here.
RIPPLE XRP/USD - BIG MOVE COMING! Wave 5 on the HorizonEveryone should look at the Ripple/USD chart in Log scale dating back 1 year to see whats really going on.
Its EXTREMELY Technical and is following the trend to perfection.
Say what you want about Ripple but you cant deny the BIG Moves it makes when its all gas'd up.
To me, its just a money making opportunity. I get in and get out.
We are in a descending wedge from the last correction and its about to break up. It wouldnt make sense for it to break down below the trend line that its followed for the past year when we're not at the end of it yet.
It would have to be squeezed out of it at the top which if you follow my trendline to the top this should happen around may which is when we will see the real correction take place. This last one was peanuts IMO
Also, this pattern lines up perfectly with the FIB so if my TA is correct im seeing a top around $8-$10 as hard is that is to believe but i cant see it play out any other way being its so technical.
***NOT FINANCIAL ADVISE... This is just my humble opinion. Ive been wrong many times, and i may be again, but this one is hard to ignor.
Id love to get the opinions from others if you see what im seeing
Happy Trading Ya'll!
RIPPLE XRP/USD - HARD TO IGNOR THE FACTSEveryone thinks that Ripple is gonna dump off again like last time but I see something completely different and this can only be seen in Log scale dating back 1 year.
If you Look at the trend line, its following it to perfection, and this would also indicate that we are only on Wave 4 of 5.
I Started the Fibonacci at the top of the last run all the way to the bottom of last years run and it lines up perfectly! should it reach the top of the Fib scale that would indicate a Top at around $10 as hard as that is to believe.
This would also tip the scale of the trend line and send it into a correction there after. Right now i believe we are at the bottom of the 4 Wave.
If you see something different please share but I believe this is about as accurate as it gets and I never see anyone post the XRP chart from this perspective.
SIMPLE YET EFFECTIVE!
R-R-R-R-Ripple getting R-R-R-Rekt... Again! Taking a quick look at the XRPUSD market today
The Ripple market is looking weak, with the bulls also staying shy of the market, confirmed by the low trading volume.
We have 2 sell signals on the 1 hour chart and I would advise caution to most speculators that are long short term.
The first sell signal is the cross of the 20 MA and 50 MA, which is followed by the bullish trend breaking. (Trend line breaking)
The bearish action is confirmed for me by the Demand Index and other indicators.
I am short on the short term for ripple and sitting on the sidelines for the longer term.
I might consider going long and playing the bounce should prices dip below $1 again.
Feel free to discuss this trade idea with us .
XRP indecision?XRP is currently located in an indecision boxing... supported by 30day MA (which is trending bearish) but also 50MA resistance + 1.66-1.70 resistance which is bears last real stand before 2$. This means 1.66-1.70 is very strong. The way candles are testing 1.6 and falling back down with the wicks means bulls are strong at 1.50 but bears are also pushing back hard. In my opinion when the price hits red ichimoku cloud resist without breaking out of the bearricade we may have one resistance too many and price could float down to 1.26 as a short term target.
RIPPLE (Correction continue)Hello Traders!
The Correction phase, do not over. We accurately predict, weak decline, then rebound, creation of balance and after that Strong Uptrend!
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Personal gratitude!
Yesterday we red one comment from Trader "Gusccbb" ( www.tradingview.com ) , who awared us to be careful with Ripple, cause of adverse fundamenatl factors!
"Hi, do you think that with the low market volume of last days is compatible with a trend break this week in both Ripple and BTC that have been severely punished by the impact of news from Korea last week?
The volumes are approximately 15% of those operated in the first week of January. The trends will be defined I think when the money returns to the market I think. Tks."
We are sincerely grateful to you! Respect! Big thanks!
Best regards, team traders "Powerful Traders".
Ripple update: 100%+ profit! Profit of the panic!Risk: Medium
Please be advised that this is only an idea, so you are responsible for any losses yourself.
Dear followers,
First of all, many thanks for following and liking my ideas. I have had some very busy days, so I didn't post new ideas past days. I'll be more active from now again and I'll also provide you with some (penny)stocks and currency. But for the most part I will focus on cryptocurrency. Because this is my first idea of this year, I'll provide with a more detailed analysis than usual.
What we saw was a great correction past days. I really like this corrections, because it makes things clearer for the long term and it always brings us new chances. Where other people hates it.
We perfectly tested the 0.618 level. And what we see now are three hammers in a row. A close above the 20ma will confirm our strong uptrend. A close below the 20ma means a weakening of our uptrend, but our trendline is still a strong support. A close below this support (Blue line) will confirm a bearish signal. Besides that MACD turned bearish. We also saw a death cross (Crossover 50ma/200ma) on the hourly chart. We must not ignore this signal, but this isn't a strong sign in my opinion, because the volatility of crypto are very high. A close below below the blue confirms a correction to 1.28.
In summary: I'm still bullish on Ripple and I think we can look for higer levels again.
Bullish signals:
- Three hammers in a row.
- Bounced 0.618
- A close above 20ma (Purple line)
- A close above trend line (Blue line)
Bearish signals:
- Macd
- Death cross
- Close below 20ma
- Close below blue trend line.
Long targets:
- 2.27
- 2.74
- 3.20
- 3.49
- 4.08
Short targets: (If a day candle closes below blue support line)
- 1.28
Good luck!
At the moment of writing, I've have a big position in XRP.
Please, follow and like for more trading ideas.
Questions? Feel free to ask and your feedback is welcome!
XRPUSD (12h): Sounds hard, but possible... 1.35 > 3 > 2 > 5 USDIn the last few weeks we have seen a strong run on Ripple.
Even for me, who has been trading for many years, this was
a interesting experience. We are not talking about a small coin
that has little market volume and can therefore rise extremely
fast, but about a "big" coin. Currently the number 2 behind bitcoin.
Now many people wonder what happens next:
Even more profit or correction?
Of course, anything can happen on the crypto market. And the price
could continue to rise, but we've all learned that at some point
the end could come and things will be the same over and over again.
In short: what shoots up comes down again.
Fibo is a good instrument here. As the TA looks like, we have
reached the top at around 3 USD. That is why we could certainly
expect a correction.
How high would this correction be? Generally speaking, a correction
to Fibo 38% could be expected for sharply rising prices, which would mean
a price of around 1.35 USD. Furthermore, we could expect a market
recovery until just below ATH. That's about $3 - naturally with market
movements in between. Before we move on th next top (Fibo 1.62),
at about 5 USD, we could see correction to 2 USD.
it's just a possible idea. Maybe we only see a correction to 2 USD
(Fibo 62%). But I think we should take everything into
consideration, including 1.35 USD.
Let's see what happens. Happy trading. :-)
XRPUSDT to find weekly support levelsBITTREX:XRPUSDT Currently Trading above 2.4 after a mayor bullish correction, now will seek support level provided by ichimoku crypto at 2.4 to see in the next few days, if this happens we will seek to enter in a long position to sell at 3 looking for a profit from 15% to 25%. In the intraday trading we are observing a downtrend seeking the aforementioned support level.
Where Does XPR Ripple Go From Here? Will It Break Out?XPR is one of the more popular alternative crypto currencies in the market right now. During the huge market correction when almost every coin lost 10% - 30% of its value, Ripple was able to survive it and even showed gains. It is currently ranked 4th in MarketCap but is has held the #3 spot recently and may take it again from Bitcoin Cash. Where do you think XPR is headed?
BITSTAMP:XRPUSD