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Xrpanalysis

XRP STILL BOTTOMING IN THE ASCENDING TRIANGLE??!!On this Technical Analysis , I would like to share my opinion on XRP movement. Right now, we are witnessing something amazing on XRP, the price pullback and stop right above the Support from Ascending Triangle. I guess XRP still showing higher low sequence, even tho we still need to see a higher high happens from XRP before confirming this level as the Bottom of C Wave Elliot Wave. A clear breakout on this Triangle, would give us a very good confirmation and a clear next move for XRP. Disclaimer: This content is not a Financial Advise.
BITSTAMP:XRPUSDLong
by Kevin_Sailly
4
KEY CLOSE FOR XRP!XRP has been trading inside of this descending channel for quite some time now while heading down with the rest of the market. We have managed to hold supports, and currently broke through the 0.6 FIB level and we are now looking to hold this level for DC. This would also give XRP a very likely chance to break out of this descending channel that keeps putting pressure on us to the downside. The RSI is coming slightly down after getting closer to that midpoint line at 50. If we can succeed with breaking through and staying above this we will be looking at a confirmed uptrend for XRP! Looking at the MACD we are looking bullish and almost fully flipping the the upside so this indicator is very important to watch. Also watch for that first green bar on the histogram as this would be a very bullish sign. Not financial advice just my opinion!
BITSTAMP:XRPUSDLong
by JacobR905
XRP - 6h. Positive scenario only after consolidation above $1.07The weekend trading in the crypto market turned out to be quite passive. Of course, it is much more comfortable for investors to be in the market, which drifts without volume within the limits of consolidation, since the weekend of May 22-23 was the most depressive. However, for us personally, the situation with low volumes on a potential local bottom is somewhat alarming. Of course, on the one hand, this can be interpreted as exhaustion of sellers and stopping the downward trend. However, there are no positive signals from buyers yet. The current attempt at growth is taking place at low volumes and within the limits of consolidation may just as successfully fall down. We decided to start this XRP idea with just such an introduction, in order to lower the rose-colored glasses to those market participants who are 100% convinced that the correction has already ended. At such moments, we are as attentive as possible and monitor the critical points of trading instruments. Ten days ago, we published a global XRP idea on a large timeframe, which is working out well at the moment: Sellers were able to push the XRPUSDT price below the global trendline. The current attempt by buyers to bring the price back within the comfortable trend channel will be considered successful if the price consolidates above $1.07. In the range of $1.02-1.07 , sellers met serious resistance when the price fell on May 19. Therefore, taking control of this range by buyers will be a wonderful signal of their strength and ambition to continue to rise. In this scenario, we expect the first short-term target at $1.55-1.6. If we look at XRPUSD on a larger timeframe, we see that this target is the first on the way to a possible renewal of the historical high: A successful test of the range of $1.2-1.25 will be a signal to buy XRP. Having kept this range, in which the trend line will roughly pass, the buyers will confirm their serious intentions for the mid-term. In this case, we will expect a test of the historical maximum and even its probable renewal. It is worth noting that when the price of BTC fell, starting from Friday, other coins behaved quite decently. Altcoin prices held up much better. Therefore, there is a high probability of the start of powerful new coin shots while the price of BTCUSDT hovers in global consolidation after the recent crash. For example, the XRPBTC chart also hints at this: If we pay attention to the gray range, we see that during the last wave of growth, buyers are trying to take control of it by organizing consolidation there. In 2019, it was this range that stopped the XRPBTC trend for 8 months. At the moment, buyers were able to hold on to it and the way for a new upward impulse is open. Therefore, despite some disappointment of the crypto market participants, we expect new local growth waves, however, we adhere to clear critical points and risks. _____________________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
34
XRP, Ripple - 2 ways of movement⏳Four times price touched the local resistance line. But we didn't see a breakout. Now I see 2 scenarios: 1) Squeezing to the level. If the price starts to do it, it will be a great chance to buy after breakout and retest with sl. 2) Make re-low. If we do it quickly, it will be a big opportunity to bounce from the last low (0,6469). Write in the comments all your questions and instrument 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
by Yuriy_Bishko
8
XRP, Ripple - look when I bought and what I'm waiting forI opened a buy position in 0.68. It was a great time to buy because of dramatically dropping in the whole market. With this drop, we showed how strong the zone 0.2- 0.6 is. On the chart, u can see a big accumulation there. Now I keep hold and wait for growth to 1.2 zones. Let's see what happened. I'm willing on another scenario. It's market and I'm not God Write in the comments all your questions and instrument 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


by Yuriy_Bishko
16
Xrpusdt Waiting For Breakout Hi guys Welcome to the new idea of ripple in which we will discuss the future of ripple. Future seems clear it will go to new highs soon. Currently it is in the symmetrical triangle and we are seeing the breakout soon. If you want to do scalp trading inside the symmetrical triangle then Buy : 1.35-1.45 Sell : 1.55-60 If you want to hold for long term then Buy : Now Sell : 1.80+2+3+5+10 Currently BTC conditions not looking good due to which xrp is not showing it's strength but compared to other alts it is still strong and bullish. Hope you like it and show some appreciation Thank you Have a nice day!
Long
by striker557
Ripple (XRP) - 6h. At $1.4 the situation will become clearerThe XRP market responds quite well to BTC provocations. If we compare the drop in the price of XRP and BTC from May 10, we see the markets sank almost the same - by 25-30%. However, the interest in Ripple is now much higher than in BTC. This is evidenced by the rebound in the XRP price after each seller attack. Yesterday's fall in the BTC market had little or no effect on the XRP price. This positive fact can highlight the strength of buyers and the greater likelihood of a continuation of the upward trend. However, for such a positive scenario in the XRP market , one condition is important - the price fixing above $1.6. As you can see in the chart, the price is now below this range and the intrigue in the XRP market is growing. If we look at the daily timeframe , we see that the XRPUSD price has gone beyond the black trendline, within which buyers have been building their attack since the beginning of April: Therefore, in order to rehabilitate buyers and confirm their strength, buyers need to gain a foothold above the mark of $1.6 the faster. On May 17, the daily candle closed in favor of buyers. Large volumes, which sellers tried to impose a struggle with, were confidently bought out by buyers with limit orders. However, the next 3 days of trading are as passive as possible. Such a market does not allow us to make a decision and makes us keep waiting. Looking at the XRPBTC chart , you can see an important range where the price stopped: The assumed local correction of the XRPBTC price and the continuation of the local downward trend in the BTC market will provoke a drop in the XRPUSDT price with the first target of $1.4. This mark is a local support for buyers. Having held this mark, buyers are likely to break through the mark of $1.6 and continue to rise to $2.5. However, we are relying more on a deeper correction in the XRP price and the formation of a global triangle: In this scenario, sellers will test the $ 1.2 mark and XRP price will continue to consolidate until mid-June. To summarize, we want to note: We will be ready to buy XRP either after the test $1.2 or after the breakout and consolidation above $1.6. The mark of $1.4 is a local level that can be targeted for a short-term trade with a short stop. ______________________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
15
Ripple in the triangleHello guys As you can see, it is located in a symmetrical triangle where there is a possibility of ascending or descending as much as the base of the triangle. If the downtrend line breaks, we should expect to climb to the targets, and if the uptrend line breaks, the same is true. The worrying thing is that Bitcoin sentiment is falling. If Bitcoin continues to decline and takes the market out of the uptrend, it will be upsetting for everyone, and it is possible that the continuous decline of Bitcoin is due to the dominance of liquidity from Bitcoin. It has come out and is injecting into altcoins, and bitcoin buyers have dropped dramatically and turned to altcoins. Now we have to wait for the break of the downtrend or uptrend line to decide.
by Therezavni
XRP, Ripple - a price is closer to support. What's next?Friends, as you can see the price is near the support level of the larger triangle. Now is a good time to buy But!!! only with Sl below the level. It's not clear whether bitcoin will go for a third fall. So don't rule out the possibility of falling Ripple also. I repeat, if you wanna enter - do it only with a SL. 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
by Yuriy_Bishko
19
XRP ready for a run?!XRP has held perfectly on this ascending channel on the 4HR TF with no closes below this bottom support, we have lots of room to move up to the 0.2 FIB level. Our Zero Lag MACD recently printed a buy and as of right now our Blue MA is crossing overtop of the orange MA which is bullish if its confirmed, The Red MACD Lead is coming upwards fast and showing no signs of slowing down, also the histogram is looking like we are going to see a green bar be printed. The RSI is slopping down underneath our 50. point line but keep in mind we are looking at the 4HR TF, if you check out the daily we perfectly bounced off and above the 50. point line looking like we are going to see a confirmed uptrend soon. Always keep in mind that BTC leads the market and can very easily drag everything down if we see another dip. Not financial advice just my opinion!
BITSTAMP:XRPUSDLong
by JacobR905