$XRP - One coin to rule them all! PART TWOOne kiss, breakout and patient till the moon.
To start the rally, we need to get above 2900sat, after that we immeditially are going to 3900-4000sat where we have some supply zone, but i'll believe we'll get through that.
Than just wait for the targets.
TP1- 9800 sat
TP2- 17000 sat
TP3- Rule them all !
Xrpbullish
XRP USDTXRP USDT currently making a bullish rectangle pattern with 1.3 as the resistance, if XRP break from this area then the nearest target price is 1.57. The second target price is around the ATH area about 1.96, then the long term target is 2.17 based on the daily cup and handle target price. Im bullish on XRP
Ripple Analysis, The market is Bullish Hello everyone, as we all know the market action discounts everything :)
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The XRP price has jumped in the last few days more than 65.43% where we see the price moving from the 0.81479 range to the 1.34375, And the market is showing a lot of bullish signs which could be the push that the ripple needs to go back to where it was last year.
Looking at the chart we can see 2 different scenarios on how the market could move in the next few days :
Scenario 1 :
The XRP price is reaching the first resistance line at 1.37087 if the bulls were able to keep control over the price then a breakout will happen and we will see the price rising even more and it is gonna be headed to the second resistance line at 1.45986 but with a strong push from the Bulls, this could be the push that the Ripple needs to go even further and go back to the range 1.61046.
Scenario 2 :
The XRP is trading close to the first resistance line at 1.37087 where The Bears will be tested, If the bears were able to gain back control over the market action then we could be seeing a drop in price from 1.37 to the edges of the first support line at 1.13180, and that's where a battle will happen between the Bears and the Bulls over control of the market again.
Technical indicators showing this :
1) The XRP Market Price is trending above the 5 10 20 50 100 and 200 MA and EMA (Strong Bullish Sign)
2) The MACD is above the 0 line showing that the market is in a Bullish state, with a positive crossover between the MACD line and the Signal line.
3) The ADX is at 41.70 showing the market is currently trending, With a positive crossover between DI+ (46.52) and DI- (4.76)
Support & Resistance points :
support Resistance
1) 1.13180 1) 1.37087
2) 0.98172 2) 1.45986
3) 0.89273 3) 1.60994
Fundamental point of view :
XRP’s parent company, Ripple was tangled in lawsuit troubles ever since the SEC (the Securities and Exchange Commission) opened up a case against the global payments company. It accused Ripple of offering unregistered securities up to the amount of $1.3 billion, starting in 2013. The dispute, which began in December last year, has really ended up nowhere but has done much to damage XRP’s reputation. In spite of this, its market cap has risen to levels where Ripple can just pay up tokens to settle.
However, one reason why Ripple needs to follow through with the lawsuit has been because of its biggest competitor, SWIFT. The Society for Worldwide Interbank Financial Telecommunication does large-scale transactions across 11,000 financial institutions in more than 200 countries. In order to combat that, Ripple needs to make sure global banks, treasuries, etc., want to work with it. Resolving the case and attaining a compliant status with regulators is the only way. According to Coin Quora
This is my personal opinion done with technical analysis of the market price and research online from fundamental analysts for The Fundamental point of view, not financial advice.
If you have any questions please ask and have a great day !!
Thank you for reading.
XRP ready for a big run!!XRP investors loved the news of Ripple's ODL offering in japan and has boosted price very nicely, we are looking overall very bullish here and let me show you why. First of all its not confirmed yet but as of right now we have regained the 50 day SMA which is very huge if we can close our daily above this level. We also nearly bounced off of the 200 day SMA and that'll be our next target, and the 200 day is one of the most important because as you know it is the longest timeframe SMA and the slowest mover, but also the strongest looking at things in a macro perspective. Next looking at the bollinger bands we have been getting quite the squeeze as volatility shrinks up and almost everytime we see a big move follow when the bands squeeze, the only problem is it doesn't show which direction, thats why we incorporate other indicators, but we are beginning to ride the top band which is a very very bullish sign and if we can keep this up theres no doubt in my mind that we will blast right through the 200 day SMA! Looking at the MACD also looking bullish as we have been seeing a long flat range after our most recent bullish cross but now we are starting to see great separation within the MA's. If we continue with all these indicators going the way that they are i am certain we will smash through these key levels with the bullish momentum we will have, there is a little bit of resistance up ahead coming from the 200 day SMA , regular resistance and then the 0.2 FIB level, but like i said if we get the momentum i don't think these will be a problem, and once all these levels are turned to support i think thatll be when the real fun starts to happen! Not financial advice just my opinion!
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!
XRP/INR BUYCurrently market moves in Sideways. Strong impulsive buy may come from this resistance point or wait for the next strong resistance.
XRP is super bullish??So XRP has been making this bug bullish triangle here.
Ripple is also respecting Fib retracement and right now this resistance line is 0.78 which means... if we break this resistance at .65 we could see huge movement up to the resistance of the triangle...
Will enough volume, we could see XRP fly through the triangle and we could see the price at 0.8-0.9
If it gets rejected at the resistance we could see a breakdown and later a bounce back from the double resistance.
These are 4 scenarios that could happen...
The red one is the most pessimistic and least realistic in my opinion...
In long term, I am still super bullish on XRP and hopefully, we could see the price at 1 Dollar soon.
XRP it's starting the bull run soon!!! Why I invest in XRP?Today, I wanting to show you a good strategy to invest in XRP. So, for that, I invite you to share this analysis with other people to want to make money in crytpocurrency. So, XRP it's the important cryptocurrency in the next altseason and then, I have XRP in my Top #5. Remember, my tops following on this sequenze are Bitcoin, Cardano, Ethereum, Chainlink and finally XRP. and that it's all the crypto that I want to invest throughout of this year.
Now, to explain you, we are in the weekly chart and see that XRP it's prepared for the next bulish movement. We break up this bearish channel and then we make a retest in the same bearish channel, now, looking in this timeframe, we see that XRP it's prepared to go up, and we forming a new trend line support and I show you with this large black arrow that XRP make support using this trend line support. So today, I add 4,133 XRP in my portfolio that I bought with U.S. Dollar in what I earn in my job as assembler in my pharmaceutical factory, and store my money in this altcoin, this it's a sleeping altcoins that you need to know and why XRP it's so important for the wealthy transfer.
And don't missing this chart, XRP it's very important in the long term to invest, imagine that I accumulate more XRP, you will be millonaire in the future, at least 2 yars more you get it.
Guys, if you like this analysis, I invite you to support the idea for other people, traders. and help other people to know this information!!!
And as for reference, I post the idea of XRP that I follow @MagicPoopCannon to get credit in this idea to share you why XRP it's so important to invest and also to choose this altcoin to know their importance of their use.
Pack Your Bags For XRP Moon ShotMy Fellow Crypto Traders,
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ANALYSIS:
Due to XRP's heavy correlation with BTC, we could see XRP have an aggressive run-up. Currently, we are seeing the 9EMA possibly getting ready to cross the 20EMA. If BTC continues to push higher into uncharted territory, XRP will surely follow.