XRP-4h. Below $0.28 sellers will launch an aggressive attack.The initiative of buyers in the XRP market is in jeopardy. From December 30, buyers try to control the price of XRP without lowering it below the white trend line . Fixing prices above the range of $0.24-0.2 6 brought the XRP market back to life.
However, several unsuccessful attempts by buyers to break the $ 0.31 mark increase the likelihood of re-testing the $0.24-0.26 range .
The critical point for this scenario is $0.28. While the price of XRP is above this mark, buyers have a high chance to break $0.31 and continue to grow to $0.36-0.38.
While the price of BTC is above the range of $ 32000-33000, the XRP market has a high chance of continued growth.
Below $0.28, buyers will have to defend themselves seriously.
Is there a chance that the price of XRP will continue to rise above $0.36? See our previous idea.
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Xrpanalysis
Ripple: The beginning of the uptrend with targets of $ 13
Please be noted that the target of $ 13 is a long-term price movement
In the daily chart, Corrective Wave of 2 has been completed in the range of 0.1700, and the price is forming the first uptrend in Wave 3.
( Daily Chart )
In the 240- minute chart, after monitoring the details, the first ascending wave has been completed in the range of 0.3721 and the retracement has been completed in the range of 0.2608 with a truncated C wave, and is currently completing wave 3.
Notes:
First: The first confirmation to change the price trend is the range of 0.3835, which is probably happens in this uptrend.
Second: To get the confirmation for changes to the main trend, the price must cross the range of 0.6813, which is the end of wave B. In this case, hopefully, we can expect $ 13 target price.
Third: If the price crosses the range of 0.2608, the downtrend can be extended up to the range of 0.15. This range is equal to 1,618 Fibonacci ratios of the Wave A from point 2, which is an important price range.
XRP-6h. The $0.46 target is still relevant.While various coins, such as UNI ADA , LINK , have been enriching their investors all last week, XRP has continued to gain strength.
The fact that the previous weekly candle closed above 0.26 is already an achievement for the XRP market. The initiative of buyers, which they started on January 6-7, is preserved. On January 15, sellers showed weakness and failed to update the local low. The sellers' attack of January 11 markedly began to end.
Trading volumes near the local critical price zone $0.24-0.26 are very low. This fact denies the preparation of sellers for the breakdown of this range.
Therefore, our main scenario is a breakdown of consolidation upwards with the first target of $0.36-0.38.
By the nature of the price increase, it will become clear whether buyers have the strength to continue to grow to the global target of $0.46-0.48 without correction. However, the confirmation of this scenario will be breaking the mark of $ 0.31
We will consider an alternative scenario in case the BTC price correction starts. Fixing below $32,000 The situation in the XRP market can change dramatically. In this case, we will consider a test in the range of $0.17-0.18.
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XRP-4h. Negative news did not kill Ripple.Ripple is alive . A small consolidation in which sellers were completely exhausted gave the XRP market a chance for new heights.
The main achievement of XRP is the return of the $0.24-0.26 range . However, no less important fact is that buyers do not allow sellers to organize a deep correction. For example, a similar negative situation occurred in the XMR market , when there was news about the delisting of a coin on one of the exchanges.
However, XRP buyers coped much better with the negative and bravely kept the price from collapsing in the range of $0.14-0.16.
In addition, the price of XRP returned to the limits of the growth channel.
Therefore, our main scenario is a test range of $0.44-0.46. According to the nature of growth in the next idea, we will write whether a correction is planned before updating the high with a target of $0.6.
We will consider the alternative scenario only after punching $ 0.24-0.26 by buyers.
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XRP-2h. So far, the prospects are bleak.The new year has not started too positively for XRP investors. from December 28 the price is trading below the range of $0.24-0.26 . During the week, buyers managed to test this range only a few times. Recall that the last time in September 2020, sellers managed to lower the price below this range, the buyers for 3 months could not break this range.
On December 28, sellers shattered the myth of continuing price movements in the global growth trend, lowering the price to $0.18 .
Below the range of $0.24-0.26 there is a demand for the coin. However, active counterattacks of buyers are imperceptible. We will consider this coin in the long only after fixing the price above $0.26.
a lot of interesting things about the coin were written in the global idea
Despite the monthly timefr ame, there is a high probability of starting a new consolidation in the range of $0.14-0.16.
XRP analysis - Ripple is grounded Ripple is not following the bullish rally on crypto markets. It is caused mostly because of investigation in the US. It seems like it takes some time when Ripple will rise again. You can see the price under EMAs, and there are also quick sellouts when the price of XRP goes higher. So be patient. For real holders is a good strategy to buy if the price goes lower.
XRP 1W History of news and trading, ups and downs 2016-2020Here is the XRPUSDT chart with the longest trading history on the tradingview.
While remembering and describing the history of Ripple, a great nostalgia hit the soul. How diverse have been the last 4 years of cryptocurrency trading.
Most started talking about XRP in the spring of 2017, during the first stage of the cryptocurrency hype in 2017. Then BTC was still growing weakly in dollar terms from 1000 to 3000, little attention was paid to it. But altcoins paired with BTC and ISO projects were our all to multiply the deposit.
XRPBTC made x57 for the quarter of 2017 , and if with minimum leverage, then earnings reached eye-watering values.
In a bull market, everyone immediately became a profi-trader, buy and hold, what's the big deal?)
The main news that pushed up or fell the XRP price throughout the trading history, we fixed on the chart.
By the end of 2017 and early 2018, XRP began to actively grow in the pair against the dollar, along with the parabolic growth of bitcoin. Then XRP enthusiasts were confidently waiting for Ripple per $10 . Arguments that this will not happen, only because if you multiply $10 by the Ripple issue, then the expected capitalization of XRP alone should be $1 trillion. It would double the total cryptocurrency market capitalization at its peak two times.
And of course, it didn't happen.
All the hype news that called the XRP price up were not implemented.
In September 2018, PNC Bank successfully completed the pilot phase of testing the xCurrent system and even provided services to several clients with its help. The news was distorted as best they could. They wrote that xCurrent is a smooth transition to the second solution of Ripple - xRapid.
But as you understand or remember, a miracle did not happen... the cost of Ripple was gradually but surely falling.
In March 2020, the value of XRPUSDT fell to $0.105 hitting the mirror Fib level, which was previously by squeeze tested for strength in 2016.
Then XRP grew for 9 months along with the crypto market, the value increased by 700% from the bottom, and the last impulse was fueled by the promised Spark airdrop.
But as we warned in our XRPUSDT idea series: "Don't get fooled." When someone promises a freebie, it means he earns many times more on it.
The increased volume of "easy money" purchases gave a great chance to sell off to large XRP holders who knew for sure that clouds were gathering over Ripple.
Because, literally in 2 weeks, the SEC filed a lawsuit against Ripple , and its value began to fall like a stone to the bottom.
Most of the trading and information crypto platforms have started to refuse support for Ripple.
In the XRPBTC pair, -40% remains to fall to the historical bottom.
If Bitcoin remains +/- at the current price level, then the value of XRPUSD may fall to $0.146 or even to $0.10.
And if this happens, then a global figure of H&S can be formed.
If this happens, and Bitcoin starts a correction or much worse a sharp fall down, then it's scary to even imagine what will happen to the XRP price.
Because the historical liquidity in the XRPUSDT trading pair is seen in the zone $0.025-0.040 and very low in the zone $0.006-0.008.
We hope that such pessimistic forecasts will not come to fulfillment.
And the negative news background around Ripple is created so that the "big guys" can successfully buy XRPUSD at $0.10-0.146.
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XRP-4h. Buyers are approaching the $ 0.74 target.Our previous idea worked out perfectly.
The price turned sharply after the $0.44-.046 test . Buyers broke the correction channel of the fall and showed their aggressive intentions.
A small correction to $ 0.52 will be a great opportunity for investors who did not have time to buy XRP.
The first major target remains at $0.74.
Critical point - $0.5. If buyers fail to keep this mark, sellers can update the local minimum and stay at the $0.38 mark .
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XRP-4h. Weakness of buyers and the range of $0.44-0.46.XRP was not as strong as everyone expected. Comparing the rebound of XRP on December 13 with other coins, it seems that the interest of big money in the project has decreased significantly.
Buyers managed to keep the level of $0.48. However, the target of our previous idea remains relevant.
The rest of the buyers has been delayed and we hope to activate them at $0.44-0.46.
The alternative scenario will take effect after fixing above $0.52. However, so far there are not enough volumes to break this mark.
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XRP-4h. Buyers where are you?The rest of the buyers , which we wrote about in the previous idea, played a nasty joke on the market.
The trend line is broken . An attempt to return her was unsuccessful. Buyers also failed to keep the mark of $0.575 to continue the local attack. At the moment, a clearly visible channel of price movements. The main target remains $0.44-0.46 .
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Ripple – The intended Target $ 6 to $ 10To analyze this coin in the 10-days chart, I put the chart in a logarithmic mode. In this chart, it is quite clear that the price has reached the range of $ 3.317 with 5 ascending waves, of which the first 5 ascending waves are over.
( 10 Days Chart )
Given this and by monitoring the existed complex corrective movement, we can predict another 5-uptrend in the 3 / C wave, which according to Fibonacci ratio the targets can be extended to the range of 3.36 to 6.61.
In the daily chart, with the end of 2 / B in the range of 0.1140, the upward trend has started, the first wave of which has ended in the range of 0.2361, the price is currently in the iv wave from point 3. Which is specified in the chart.
Finally, the 240-minute chart
By the end of wave iii from point 3, we had two corrective waves with a structure of 3 waves (iv wave).
Personally, I believe the price still is possibly in the corrective phase and is completing the Triangle pattern.
This scenario will be violated if the price can cross the range of 0.6813 and then in continuation break the range of 0.7900, in this case we can be hopeful of the price increase up to the range of $ 1.20.
(240 Minute Chart )
Overall conclusion:
Saving the Ripple for Long-term is highly recommended, and I personally try to keep this coin in my investment portfolio for future. I think the price target for a one-year period will be $ 8 to $ 10.
XRP 1D How long will be enough strength for growth?Sellers kept and protected the level $0.256 for a long time.
But the insane BTC growth can wake up even heavy and dead XRP.
Only on the third attempt the price managed to fix above the level $0.256, and not draw false breakouts, as in the previous two times.
After fixing the price above $0.256, it move up by +20%.
Well, now the new level around which battles will be fought is $0.302.
Fixing above this level will open the way to this year's high $0.346.
The negative news background on the crypto market and the activation of sellers can p ush the XRP price closer to the level $0.237.
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XRP/USD: AnalysisWhats up guys! Looking at xrp/usd i'm expecting price to rise, right now price is at the 0% on the fib and i'm expecting price to rise to the 61%. Price is at a key zone and has tested the key zone already, if price doesn't move down and close into the key one I will not consider price to fall at all at the moment. I have a zone marked of in between the 61% and the 78% on the fib which price has pull away from multiple times in the past, which means the zone is highly respected. Price was in an ascending channel i plotted off the 4hr and as of now price is under the support of the channel which means for me that price will at the very least test the suport line IF there was bearish movement before falling immediately.
XRP/USD: AnalysisPrice is getting weak in the green zone just like it has a few other times, waiting for a bullish signal before entering a long. Price could also drop back to 0.25000 but I'm not seeing any bearish signals. i'm gonna ride price to the top of the consolidation structure which is 0.25750. '
XRP/USD: Analysis *Daily POV*Overall XRP looks to be bearish in the long run maybe just to 0.25000, and i think that because price has stabbed the red structure multiple times which makes me think price doesn't like this zone, but price has been consolidating on a lower time frame. Lets see what happens!
XRP/USD: AnalysisXRP has not done much movement today, and is consolidating between the range of 0.25750-0.25480. Two things will happen here price will either close below the green zone on the 30 minute and fall to my median line or price rise and continue rising to 28 cent. Price is in a tough spot right now waiting for more confirmations
Leave comments below on what you think!
Where will XRP go?XRP is potentially forming a bat harmonic pattern which will end in 0.2042. As we can see we have just rejected the 0.382 Fibonacci retracements and currently in the descending triangle. We might have a few more swing before decided to go lower. As long as we didn't break above the 0.382 retracements, the downside target will remain. The potential reversal zone will most likely be the last target before the bull run starts