XRPBTC
Market Update 9/25/22 Why We Cant Have Nice ThingsTIMESTAMPS:
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BTC 0:00
Why the Macro Still looks Bad 7:02
ETH/BTC 8:33
DOGE 9:35
XRP 12:55
Closing Statements 19:45
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I go over what I think pretty quickly and then go into the nuance of the movements and then a quick overview of ETH/BTC, Doge and XRP. I recommend watching at least the first 4-5 minutes of the video.
Summary: the Macro looks horrible and that hasn't changed. The price needs to reach around 22.4k within the next couple of days for me to even consider a change in mid-term trend. The fact that BTC mainly moves when the stock market is open hasn't changed either.
There are conflicting buy and sell signals on the short term now with converging sell signals on the 2 and 4hr timeframes.
Yesterday's day candle, to make things worse, hit the target we needed to hit on todays candle, 4 hours before it needed to be hit. Furthermore, were collapsing back down to hit the target we need to hit (today), with the downward trend from everything crated on todays day candle thus far.
I mention Doge XRP and ETH/BTC also, but not much has changed with those.
Check near the end of the video for XRP as it is the only one that may have a chance of doing anything. Though, depending on where the day timeframe candle ends for btc things could be bad in the short short term and indicate weakness coming into the stock market this Monday.
Now, I wait for things to happen, so none of this means much to me until we start these candles where I want to see them. I just like to put out my thoughts to better explain my thinking and show how this strategy can be used for the longer time frames and similarly for the shorter time frames.
Also BTC starting the week right under the Day hull and with a down trend on it, generally shows a big drop chance on the short to mid term.
I will be streaming the Week candle change, starting tonight at 19:30 EST (UTC-4). As I always do.
Market Update 9/24/22Short Video. Looking for BTC to end above ~18,819. More specifics are in the video.
Besides that I go over what happened on ETH/BTC, DOGE and XRP and what I am looking for in the coming days.
Take care. Let me know if there is an alt you want me to look at in the future and I can add that to my updates or make one about it.
Market Update 9/23/22 The Sound of Bulls?TIMESTAMPS:
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What I want to see in APPL: 0:00
How that may translate to the SPY,DJI,NDQ 4:46
VIX 5:40
APPL Possible Concerns/Targets 6:16
BTC/USD 8:36
ETH/BTC 10:00
DOGE/BTC 11:00
XRP/USD and XRP/BTC 15:05
Closing Statements 19:37
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I go over what I want to see in the first 3-5 minutes and then I go over some crypto pairs that look like they have big potential moves (more so continuations) coming up. Those are ETH/BTC, DOGE/BTC and XRP/BTC.
We started the day bearish like I expected and ended in the range I expected. Though the in-between was certainly not what I expected. I was somewhat surprised we didn't break to 146.60, but I thought that even if we did early in the day, that it had a high chance to return to the area APPL ended at. Otherwise we start next week over sold and had a strong reason to move back up to test. Which didn't seem like a great idea for longer term bears.
I am still looking forwards to whether we start above or under the Week 500 hull
for APPL as a general idea of whether we return or fall off the cliff, but the sentiment going into this weekend feels bullish. We will see if BTC can end slightly above the Day 500 hull (18945) as it usually does indicating an attempt to move back up and breathing room for alts.
#XRP/USDT 1DAY UPDATE BY CRYPTOSANDERS !Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
Ripple (XRP) UPDATE:-
Ripple has been one of the strongest performers in a market that has otherwise seen only red in the past week. With an increase of 54% in the last seven days, XRP is back in the spotlight, fueling rumors of what could have caused this surge.
This most recent rally came to a halt when the price hit the resistance at $0.55. XRP is taking a break after such a significant move and consolidates under this crucial resistance. The support is found at $0.44 and may not be tested if buyers remain interested.
This move from XRP has surprised the market, considering BTC and ETH have made lower lows this past week. The biggest question is if buyers will manage to sustain this rally and protect these most recent gains. XRP is known for its sharp increases in price, only to be followed by a gradual correction back to previous price levels.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
XRPUSDT - Parabolic or Sucker Rally? 🤔Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
If you've been following me for a while, you'll now that I am extremely bullish on XRP - have always been. Infact, here's a recent video I made on the potential and why I am bullish on XRPUSDT :https://www.tradingview.com/chart/XRPUSDT/ESk3jZbV-XRP-The-Most-Undervalued-Altcoin-BY-FAR/
If you were lucky enough to jump in at these levels, now might be a good time to consider taking profits. It's an odd time of the cycle for XRP to rally, so just to be safe I would take most of my profits here. However, to consider further upside potential, there are two things I'm watching : First, the monthly candle close and secondly the technical indicator Phoenix Ascending together with the Bollinger Bands.
XRP is currently trading right above the first ever major support zone around 40c. There is another 7 Days left on this monthly candle. What we need to see now, is a monthly CLOSE ABOVE this level. If we do, we can consider more bullish price action for XRP and I'd be happy to add another short term swing spot position with a TP zone at 74cc. That would be a whopping 53% increase and might happen over the course of a few days. However, if not, then this was likely just a fakeout and more bearish price movement can be expected.
Don't forget to have a great weekend 🥂
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CryptoCheck
XRPUSD 100 % pump before the dump (NEW)Most likely XRP price will pump more as RSI downtrend has been broken.
XRP season has started and the short-term uptrend will continue. 100 % move expected.
We expect the price to reach $0,90 - 1 $ in the next 2 or 3 weeks. After that the price should reverse and the long term downtrend will resume.
How to trade:
1. If you want to long, look for an entry on lower timeframes.
2. If you want to short, wait for a price to reach the resistance.
Good luck
Ripple XRP - Bull trap! Don't fall for this pump, important!
This pump on XRP is a bull trap to wipe out short traders before we continue lower to 0.1-0.2 USDT. Of course, you can trade XRP on the 1h chart and profit from this pump, but this analysis is on the 3D chart.
There is still room to go to the upside, so for short-term traders it's definitely an opportunity, but it's very dangerous in my opinion because this correction might already be complete.
The Bears have a fantastic opportunity to enter a short position at the top of the parallel channel + the POC of the previous symmetrical triangle. It is a common thing to re-test the symmetrical triangle at the apex point.
The trend is still very bearish on the higher timeframes, so this is just a temporary uptrend, which I would never long, because the trend is your friend. I don't know, maybe it is.
XRP has been in a bear market since 2017. It has been 5 years and we didn't even hit a new all-time high during the 2020–2021 bull market.
We have strong support at 0.1 USDT, where we can also take stop losses below this swing low before continuing higher.
As per my Elliott Wave analysis, this whole structure is totally incomplete and I am missing an impulse wave dawnward.
But after all, I think XRP will experience a massive bull market, maybe in 2023-2025, to new all-time highs because it looks very solid on the monthly scale.
For more analysis, hit "Like" and "Follow"!
XRP/USD - Whales are BUYING! What do they know??? 🧐XRP broke its range and rallied hard ever since.
Now facing resistance at $0.50 level. Break that and we have a runner.
But let's not get ahead of ourselves, this is a major resistance level, won't go down without a fight and looking at the macro... XRP is an outlier.
Unless the bankers are planning to FOMO into XRP or some central bank will use Ripple for its CBDC, don't see this lasting too long in the current context.
Regardless of what I think, the chart is bullish, so trade accordingly, but don't FOMO below major resistance. You will get REKT.
Like and follow if you liked this idea!
Ripple - "Buy the rumor, sell the fact"In our previous idea on Ripple, we stated that it was one of a few cryptocurrencies that failed to reach a new all-time high during the latest bull cycle. Additionally, we expressed our bearish views on it over the coming months, set price targets at 0.30 USD (medium-term) and 0.28 USD (long-term), and presented a conservative setup with two possible scenarios.
Since then, the price of XRPUSD has shot to the upside through the short-term resistance, which is a bullish development we previously outlined. Typically, such price action would invalidate our price targets on the downside for the short-term price target. However, fundamental factors (increasing interest rates and economic tightening) driving the primary trend have not changed, which allows us to stick to our price targets.
Indeed, the abrupt move accompanied news that came out regarding the legal case between RippleLab and the SEC. It took merely a few hours, and we are already noticing a wall of bullish posts forecasting the reversal of the primary trend and the beginning of a new bullish era. However, we have little faith in this thesis because of the slowing global economy and growing geopolitical problems coupled with risk aversion.
We acknowledge that thin volume can lead to a higher price in the short term. However, we think the rally will not sustain in the medium and long term. Furthermore, we believe the recent price action is just a short-lived hype like in the case of other cryptocurrencies that already underwent breakouts to the upside (which were dampened in XRP) from a wide range (in July and August).
As for the short-term, we do not know how much higher XRPUSD can go. However, we are already seeing several warning signs. Because of that, we will pay close attention to volume and price action. Other details are described below.
Illustration 1.01
Illustration 1.01 shows the conservative setup we showed on 8th September 2022. Since its introduction, the breakout to the upside took place, hitting a bullish trigger. Subsequently, the price ripped up more than 40%.
Technical analysis - daily time frame
RSI is overbought. MACD and Stochastic are bullish. DM+ and DM- are bullish. Overall, the daily time frame is bullish.
Illustration 1.02
The picture above shows the price action that followed since the introduction of our setup. Declining volume after the breakout serves as a warning sign, hinting at the evaporation of buyers after the steep climb in price.
Technical analysis - weekly time frame
RSI, MACD, and Stochastic are also bullish. DM+ and DM- are bullish. Overall, the weekly time frame is bullish.
Illustration 1.03
Illustration 1.03 shows a similar decline in volume on the hourly chart of XRPUSD (this time on Binance instead of Bitstamp).
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
Two pathway for XRP targeting 0.9$XRP / USDT
XRP made a surprise move like he always does
And broke-out a long term trendline resistance (dotted yellow trendline )
currently it is facing a strong horizontal resistance (violet color)
Two possible pathways for XRP now :
1- Direct breakout to 0.87$ - 0.9$
2- Pullback and continue the movement to 0.87$ - 0.9$
Where is XRP fans ? Do you agree ?
Share with me in comment section below ⬇️
XRP (XRP) - September 23Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(XRPUSDT 1W Chart)
The key is whether it can be supported by rising to the 0.4989-0.62 section.
If you get resistance at 0.47, a pull back pattern may come out, so you need to check if it is supported around 0.4084.
(1D chart)
1st resistance: 0.4989-0.5468
2nd resistance: 0.5468-0.62
1st support: 0.47
2nd support: 0.4084
The 0.4989-0.62 interval is the interval that determines the trend.
Therefore, if it rises above 0.4989 and is not supported, and when it falls below 0.47 and receives resistance, Stop Loss is required to preserve profits.
However, if it does not fall below the mid- to long-term downtrend line (1), it is expected to maintain an upward trend, so countermeasures should be considered.
If it rises above 0.62, it is expected to show a full-fledged uptrend.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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Jamie Gun2Head Trade - Selling XRP Trade Idea: Selling XRP
Reasoning: At daily resistance level, able to keep stop tight and get good Risk/Reward shorting here
Entry Level: 0.42098
Take Profit Level: 0.36030
Stop Loss: 0.43850
Risk/Reward: 3.46:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
XRPUSDT - Too Late to Jump in? 🤔Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
If you've been following me for a while, you'll now that I am extremely bullish on XRP - have always been. Infact, here's a recent video I made on the potential and why I am bullish on XRPUSDT :
XRP is currently trading right under the first ever major support zone around 40c. There is another 9 Days left on this monthly candle. What we need to see now, is a monthly CLOSE ABOVE this level. If we do, we can consider more bullish price action for XRP and I'd be happy to add a short term swing spot position with a TP zone at 47c. That would be an easy, low risk 12% increase. However, if not, then this was likely just a fakeout and more bearish price movement can be expected.
_______________________
📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow
We thank you for your support !
CryptoCheck
XRP (XRP) - September 8Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(XRPUSDT 1W Chart)
The key is whether you can climb to the 0.4689-0.62 section.
To do this, it is necessary to confirm that it is supported and can rise in the 0.2727-0.3466 section.
(1D chart)
1st resistance: 0.3814-0.4084
2nd resistance: 0.47-4989
1st support: 0.3283-0.3466
2nd support: 0.2727-0.2829
The key is to find support and move up in the 0.3283-0.3466 section.
If you get resistance at 0.3283, you can touch near the 0.2058 point, so you need a countermeasure.
A full-fledged uptrend is expected to begin when it rises above 0.62.
Therefore, until then, a short-term response is required, and a transaction to increase the number of coins is required.
------------------------------------------------------------ -----------------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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XRP - The Ultimate Falling Wedge!Here's a quick look at the weekly XRP chart. As we can see, the price has been in the bigger falling wedge for some time now. If we want a reversal, we need a break above the falling wedge , and also keep above the resistance zone . Otherwise, the price will continue to oscillate lower.
If BTC goes down from current levels, then XRP could see a rejection from the upper trend-line!
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What Is a Wedge in the context of trading?:
"A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge-shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts.
Key Takeaways for Falling wedges:
1. Wedge patterns are usually characterized by converging trend lines over 10 to 50 trading periods.
2. The patterns may be considered rising or falling wedges depending on their direction.
3. These patterns have an unusually good track record for forecasting price reversals."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
XRP/USDT :: It Grows Slowly .XRP/USDT :::
_ Green channel :: It continues the downward trend and the bottom of the channel shows a very low price .
Pay attention: it is possible to touch the bottom of the channel after a long time by staying in this range, but the price will not drop sharply .
_ Orange and blue channels :: they show a good upward trend .
_ Red line :: shows good points for determining the target .