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Xrpforecast

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. _______________________________ 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!
Long
by P_S_trade
6
XRP Trading Strategy After the SEC Complaint [Continued]We all realise now that it is very dangerous holding XRP long term, as its future is less certain than it has been before. However, big announcements and newsworthy events only happen once every so many months. The SEC complaint will also take a very long time to play out. Inbetween those events there is plenty of technical analysis that can be performed. I will keep sharing ideas and trade set-ups for XRP. The volatility is amazing, and the support and resistance zones are still playing out as normal. Just be careful you don't enter a trade during when big announcements are to be made. Be safe and trade with a stop-loss on XRP! This idea shows an example of how you could trade XRP right now, purely based on TA. We are seeing a clear support and resistance zone. I know it looks small, but there's an insane 30% gap in between them. To get a great risk-reward on your set-up make sure you buy as low as possible to the support zone (that means, the price right now is too high... wait for it to drop first!) and sell as close as possible to resistance. I'm thinking of a buy around $.226 and a sell around $.3. This gives you a risk reward ratio of 1:2. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only!
BITSTAMP:XRPUSDLong
by Trading-Guru
12
XRP Has Seen The Bottom - What Is NEXT?In this technical analysis I will share a trade set-up with you that many of you will have missed. The reason it is missed is because XRP is very volatile right now and lots of people focus too much on the bigger picture. They either worry about the SEC complaint or look at the chart way too zoomed out. In reality there are lots of fantastic short term opportunities such as the one I present here. Don't worry, I will explain it step by step so you can benefit as well. Just to recap, also based on my earlier ideas on XRP after the SEC complaint came in. It is very dangerous holding XRP long term, as its future is less certain than it has been before. However, big announcements and newsworthy events only happen once every so many months. The SEC complaint will also take a very long time to play out. Inbetween those events there is plenty of technical analysis that can be performed. I will keep sharing ideas and trade set-ups for XRP. The volatility is amazing, and the support and resistance zones are still playing out as normal. Just be careful you don't enter a trade during when big announcements are to be made. Be safe and trade with a stop-loss on XRP! Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only!
BITSTAMP:XRPUSDLong
by Trading-Guru
12
Wait for me... Bitcoin passing one after the ATH in a hurryBitcoin is showing immense strength and it clearly showing the the alt coin bulls the way. In full gallop it reached $33k. Ethereum is struggling to keep up with papa bull Bitcoin and struggled to break the $775/800. Litecoin same picture in the $140/145 range. Ripple looks more like RIP still. A very bearish chart. The only hope are signals from Ripple or the SEC that there will be a way to avoid XRP being treating as a security. The first hearing on Feb. 22, 2021 will be key and that is a long way from here. So my short-term outlook is that Bitcoin will take a breather and retrace to about $30k seeking to make that level support. Keep in mind that predictions are extremely difficult to make as this is a very bullish, but volatile market. Bitcoin as seen today can also explode more and capture $35k. Ethereum will like follow suit with Bitcoin and retract to about $750 to seek support there. It may also be triggered by Bitcoin and catch up while Bitcoin takes a breather and make new highs by itself. For Litecoin it is similar again as with Ethereum. Looking for support right now at $135. It has the great potential just to explode as well and outperform Bitcoin and others. Ripple is if anything a big gamble. I closed all my positions and took the hit. Very unpleasing and I partially blame Ripple (the company) for not foreseeing this and protection their community from these losses. I am sure the SEC did not come with this out of the blue. And again keep in mind the momentus pace we had in uptrend. And what goes up must come down. 2021 is here and the Bitcoin target supposedly should be $100k. This will not happen in 12 days with 10% each day, so keep in mind some folks will also cash in and sell and others will push the market down only to get in again and participate again. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
BITFINEX:BTCUSDLong
by CarpeMomentum
XRP-1h. Above $ 0.35, buyers will restore their reputation.Given the recent negative developments in the XRP market , buyers have chosen a different tactic. Unlike most coins, which now show a steady rise in price, XRP is trying to gather strength to test the $0.35 mark. It was from this mark that the price collapse began in February 2020 and it took buyers a long time to break this level. This mark prevents buyers from reaching the range of $0.44-0.46. Breaking the $0.35 mark can quickly raise the price of XRP by 30% . This fact will restore investors' faith in XRP. The critical point of this scenario is $0.27. If sellers manage to get below this mark - the price of XRP can stay at the mark of $0.25 for a long time. P.S. Buyers managed to keep the global trend line from March 2020. let's see if buyers will be able to realize this chance.
by P_S_trade
26
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 . ______________________________ 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!
Short
by P_S_trade
8
XRPUSD to see a sideways movement(1D) | Volatility ~ 220%Market in last 1 week XRPUSD saw an uptrend followed by a decline in price Price volatility was very very high. The market moved ~224%, between $0.921 and $0.284 Today’s Trend analysis XRPUSD expected to see a sideways movement as the price has observed resistance after riding the upper band with Bollinger band expansion and weak selling pressure Price at the time of publishing: $0.564 XRP’s market cap: $25.94 Billion Oscillator indicators are mostly neutral. RSI at 70 in the neutral region. Moving average indicators are indicating an uptrend. Ichimoku Cloud is neutral and Hull MA indicates selling opportunities Volume indicators observed an increase in value as the price increase followed by a decrease in volume with a decline in price Price expected to see a sideways movement as the price has observed resistance after riding the upper band with Bollinger band expansion. Most of the Oscillator indicators are neutral. MACD line approaching the signal line from above, histogram size decreasing in the positive region suggesting a bullish bias. RSI at 70, close to overbought in the neutral region. CCI at 110, in the overbought region indicating a downtrend. Another interesting point to notice here is that the volume observed an increase in value as the price increase followed by a decrease in volume with a decline in price indicating weak selling pressure. ---------------------------------------------------------------------------------------- The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 1 D candles. Note: Above analysis would hold true if we do not encounter a sudden jump in trade volume. ---------------------------------------------------------------------------------------- If you find the analysis useful, please like and share our ideas with the community! - Mudrex
COINBASE:XRPUSD
by Mudrex
3
XRPUSD to move sideways | Upper band resistance | BB expansionMarket in last 1 week XRPUSD saw an uptrend after the price started to ride the upper band Price volatility was very high. The market moved ~22.12%, between $0.3086 and $0.2527 Today’s Trend analysis XRPUSD expected to see a sideways movement as the price has observed resistance after riding the upper band with Bollinger band expansion Price at the time of publishing: $0.2921 XRP’s market cap: $13.22 Billion Oscillator indicators are mostly neutral. RSI at 68 in the neutral region. Moving average indicators are indicating an uptrend. Ichimoku Cloud is neutral and Hull MA indicates selling opportunities Volume indicators observed an increase in value as the price increase while decreased with a decline in price Price expected to see a sideways movement as the price has observed resistance after riding the upper band with Bollinger band expansion. Most of the Oscillator indicators are neutral. MACD line approaching the signal line from above, histogram size decreasing in the positive region suggesting a bullish bias. RSI at 68, above the midline in the neutral region with a pullback from overbought. CCI at 133, in the overbought region indicating a downtrend. Another interesting point to notice here is that the volume observed an increase in value as the price increase while decreased with a decline in price indicating a strenghtened buying pressure. ---------------------------------------------------------------------------------------- The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles. Note: Above analysis would hold true if we do not encounter sudden jump in trade volume . ---------------------------------------------------------------------------------------- If you find the analysis useful, please like and share our ideas with the community! - Mudrex
COINBASE:XRPUSD
by Mudrex
2
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. _______________________ Each " like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
3
XRPUSD to see a downtrend(1D) | Double Top Observed | Breakout!Market in last 1 week XRPUSD saw a downtrend after getting resistance from the upper band Price volatility was very high. The market moved ~10.00%, between $0.264 and $0.240 Today’s Trend analysis XRPUSD expected to see a potential breakout as the price observed a double top pattern with the price trading inside the bands Price at the time of publishing: $0.2454 XRP’s market cap: $11.15 Billion Oscillator indicators are mostly neutral. RSI at 46 in the neutral region. Moving average indicators are indicating a downtrend. Ichimoku Cloud is neutral and Hull MA indicates selling opportunities Volume indicators observed decreasing value for blue candles while an increase in value for red candles Price expected to see a potential breakout as the price observed a double top pattern with the price trading inside the bands. Most of the Oscillator indicators are neutral. MACD line crossed below the signal line, histogram size decreasing in the negative region suggesting a bearish bias. RSI at 46, below the midline in the neutral region. CCI at -61, in the neutral region. Another interesting point to notice here is that the volume observed decreasing value for blue candles while an increase in value for red candles indicating a shift from buyers to sellers. ---------------------------------------------------------------------------------------- The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles. DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion. Note: Above analysis would hold true if we do not encounter sudden jump in trade volume . ---------------------------------------------------------------------------------------- If you find the analysis useful, please like and share our ideas with the community! - Mudrex
COINBASE:XRPUSDShort
by Mudrex
3
XRPUSD to see an uptrend(1D) | Strong buying pressureMarket in last 1 week XRPUSD saw an uptrend and touching the upper Bollinger band Price volatility was very high. The market moved ~10.76%, between $0.263 and $0.237 Today’s Trend analysis XRPUSD expected to see an uptrend as the price has been trading inside the band and has observed an uptrend with midline support Price at the time of publishing: $0.23620 XRP’s market cap: $11.85 Billion Oscillator indicators are mostly neutral. RSI at 62 in the neutral region. Moving average indicators are indicating an uptrend. Ichimoku Cloud is neutral and Hull MA indicates buying opportunities Volume indicators observed a similar volume as price saw a decline while and increase in price saw an increase in volume Price expected to see an uptrend as the price has been trading inside the band and has observed an uptrend with midline support. Most of the Oscillator indicators are neutral. MACD line moving above the signal line, histogram size decreasing in the positive region suggesting a bullish bias. RSI at 62, above the midline in the neutral region. CCI at 168, in the overbought region indicating a downtrend. Another interesting point to notice here is that the volume observed a similar volume as price saw a decline while an increase in price saw an increase in volume indicating a strong buying pressure. ---------------------------------------------------------------------------------------- The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles. DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion. Note: Above analysis would hold true if we do not encounter sudden jump in trade volume . ---------------------------------------------------------------------------------------- If you find the analysis useful, please like and share our ideas with the community! - Mudrex
COINBASE:XRPUSDLong
by Mudrex
4
XRPUSD to see sideways movement(1D) | Price riding midline bandMarket in last 1 week XRPUSD saw an uptrend after getting support to ride the midline Bollinger band Price volatility was very high. The market moved ~13.33%, between $0.248 and $0.219 Today’s Trend analysis XRPUSD expected to see a sideways movement as after getting support from lower Bollinger band price started to ride the midline Bollinger band Price at the time of publishing: $0.2380 XRP’s market cap: $10.75 Billion Oscillator indicators are mostly neutral. RSI at 44 in the neutral region. Moving average indicators are indicating a downtrend. Ichimoku Cloud is neutral and Hull MA indicates selling opportunities Volume indicators observed a decrease in volume as price saw an increase following by an increase for sideways movement Price expected to see a sideways movement as after getting support from lower Bollinger band price started to ride the midline Bollinger band. Most of the Oscillator indicators are neutral. MACD line moving above the signal line, histogram size increasing in the positive region suggesting a bullish bias. RSI at 44, below the midline in the neutral region. CCI at -44, in the neutral region with a slight downmove. Another interesting point to notice here is that the volume observed a decrease in volume as price saw an increase following by an increase for sideways movement indicating a weak buying pressure. ---------------------------------------------------------------------------------------- The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles. DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion. Note: Above analysis would hold true if we do not encounter sudden jump in trade volume . ---------------------------------------------------------------------------------------- If you find the analysis useful, please like and share our ideas with the community! - Mudrex
COINBASE:XRPUSD
by Mudrex
5
XRPUSD to see an uptrend(1D) | Shift from seller to buyerMarket in last 1 week XRPUSD saw a downtrend after getting resistance from the upper band Price volatility was very high. The market moved ~17.76%, between $0.258 and $0.219 Today’s Trend analysis XRPUSD expected to see an uptrend as the price is trading between midline and lower band, recently got support from the lower band with Bollinger band squeeze Price at the time of publishing: $0.2311 XRP’s market cap: $10.5 Billion Oscillator indicators are mostly neutral. RSI at 40 in the neutral region. Moving average indicators are indicating a downtrend. Ichimoku Cloud is neutral and Hull MA indicates buying opportunities Volume indicators observed ups and downs as the price changed, the volume between the 84.8M and 36.7M being below the 20-candle moving average which saw a decline Price expected to see an uptrend as the price is trading between midline and the lower band recently got support from the lower band with Bollinger band squeeze. Most of the Oscillator indicators are neutral. MACD line moving below the signal line, the histogram in the negative region suggesting a bearish bias. RSI at 40, below the midline in the neutral region. CCI at -106, in the oversold region indicating an uptrend. Another interesting point to notice here is that the volume changed from price decrease volume increase to price decrease volume decrease indicating a shift from sellers to buyers. ---------------------------------------------------------------------------------------- The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles. DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion. Note: Above analysis would hold true if we do not encounter sudden jump in trade volume . ---------------------------------------------------------------------------------------- If you find the analysis useful, please like and share our ideas with the community! - Mudrex
COINBASE:XRPUSDLong
by Mudrex
4
XRPUSD to see sideways movement(1D) | Support from lower bandMarket in last 1 week XRPUSD saw an uptrend and then rejected from the midline Bollinger band Price volatility was very high. The market moved ~19.17%, between $0.304 and $0.255 Today’s Trend analysis XRPUSD expected to move sideways as the price is falling to lower band constantly and getting support from lower band Price at the time of publishing: $0.25997 XRP’s market cap: $11.6 Billion Oscillator indicators are mostly neutral. RSI at 41 in the neutral region. Moving average indicators are biased towards a downtrend. Ichimoku Cloud is neutral Volume indicators observed an increase in the value in the recent candles except a pike observed when the price reached high with the volume increasing from 48.3M to 85.7M Price expected to move sideways as the price is falling to lower band constantly and getting support from lower band. Most of the Oscillator indicators are neutral. MACD line moving below the signal line, histogram size increasing in the negative direction suggesting a bearish bias. RSI at 41, below the midline in the neutral region with a pull back. CCI at -156, in the oversold region indicating an uptrend. Another interesting point to notice here is that the volume saw an increase indicating a strong selling pressure. ---------------------------------------------------------------------------------------- The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles. DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion. Note: Above analysis would hold true if we do not encounter sudden jump in trade volume . ---------------------------------------------------------------------------------------- If you find the analysis useful, please like and share our ideas with the community! - Mudrex
COINBASE:XRPUSD
by Mudrex
12
RIPPLE IS DYINGThis is not a popular outlook... but look at it. You're looking at BITSTAMP:XRPUSD ALL TIME. JUST LOOK AT IT. One epic failure. Technically, XRP should have done lots of things. Many empty promises and predictions remain unfulfilled and I can't help but wonder why. XRP had so much potential. Great partnerships. Great support. Great tech. But where does it show? It never has except for a brief failed breakout back in 2018. I bought some Ripple after reading another promising news article on Cointelegraph. However, after looking at the overall performance of XRP, I really can not see a future outbreak. If they have failed so far, chances are they won't make it in the competitive altcoin market. Hit like if you found this informative or helpful, I'm curious to hear your thoughts, please comment ! Regards, Ev
BITSTAMP:XRPUSDLong
by BlockTechEv
73
XRPUSD to see support from midline and see uptrend further (1D)Market in last 1 week -XRPUSD saw a downtrend after rejection from the upper Bollinger Band -Price volatility was very high. The market moved ~14.97%, between $0.31 and $0.27 Today’s Trend analysis -XRPUSD expected to see downtrend and after getting support from midline band an uptrend -Price at time of publishing: $0.282 -XRP’s market cap: $12.69 Billion -Oscillator indicators are mostly neutral. RSI at 62 in the neutral region. -Moving average indicators are biased towards an uptrend. Ichimoku Cloud is neutral -Volume indicators were constant in the last few candles except an increase in the red candle Price expected to see downtrend and after getting support from midline band an uptrend as the price is trading inside the bands and rejected from the upper band. Most of the Oscillator indicators are neutral. MACD histogram is negative, size increasing in the negative region. RSI at 62, in the neutral region with a downmove. CCI at 28, in the neutral region, decreasing downwards. Another interesting point to notice here is that the volume was same except one candle saw a spike when price saw the lowest of the week, with volume being less than the 20-candle moving average. ---------------------------------------------------------------------------------------- The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles. DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion. Note: Above analysis would hold true if we do not encounter sudden jump in trade volume . ---------------------------------------------------------------------------------------- If you find the analysis useful, please like and share our ideas with the community! - Mudrex
COINBASE:XRPUSD
by Mudrex
3
XRPUSD to see sideways movement | Bollinger Band expansion Market in last 1 weel -XRPUSD saw an uptrend with rejection from the upper Bollinger Band -Price volatility was very high. The market moved ~30.4%, between $0.326 and $0.250 Today’s Trend analysis -XRPUSD expected to see sideways movement as got rejected from upper Bollinger Band -Price at time of publishing: $0.304 -XRP’s market cap: $13 Billion -Oscillator indicators are mostly neutral. RSI at 82 in overbought region. -Moving average indicators are biased towards an uptrend. Ichimoku Cloud is neutral -Volume indicators saw a decrease in the volume in last few candles being. The volume decreased from 166.6M to 36.06M. Price expected to see sideways movement as Bollinger Band expanded and rejected the price. Most of the Oscillator indicators are neutral. MACD histogram is positive, size increasing in the posittive region. RSI at 82, in the overbought region with a downmove. CCI at 130, in the overbought region increasing downwards. Another interesting point to notice here is that the price after rejecting upper Bollinger Band consolidated. ---------------------------------------------------------------------------------------- The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles. DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion. Note: Above analysis would hold true if we do not encounter sudden jump in trade volume . ---------------------------------------------------------------------------------------- If you find the analysis useful, please like and share our ideas with the community! - Mudrex
COINBASE:XRPUSD
by Mudrex
4
XRP W1 LONG PRICE ACTION FORECAST Ripple has been forming an interesting pattern that is spotted in the realm of W1. Trading within an uprising channel is about to test the support level for a coming uptrend that would hopefully bring the XRP to a scale never seen before. Breaking the 3$ handle last seen in January 2018, to a staggering 90$ or more, patience is key to catching this formation. Forecasting Agust the month for XRP to test the support line; let's keep buying the dips in this crypto.
POLONIEX:XRPUSDLong
by OGFXTRADER
6
XRP D1 LONG PRICE ACTION FORECASTTechnically, Ripple has been able to re-conquer around 50% of the lost land since its previous bottom last March, although price action still trading under the bears' domain. XRP has shown today an excellent bullish momentum, alongside with MACD supporting the uptrending bias forming a crossing buy-signal. However, it is still too early to confirm a clear bulling trend as price action must first be able to break: 1. trendline from price compression 2. 200 SMA Fundamentally talking, last week confirmation from Japan and the about to happen use of XRP in the country's ATM system, and later the news from ODL (On-Demand-Liquidity) reaching all-times high has given to the altcoin a lot of support.
BITFINEX:XRPUSDLong
by OGFXTRADER
2
XRP / U.S. DOLLAR (XRPUSD) Weekly, DailyDates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates. One way the Djinn Indicator is used to enter and exit trades: For best results trade in the direction of the trend. The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30. When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered. When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered. This trading strategy works on daily, weekly and Monthly Djinn Predictive charts. This is not trading advice. Trade at your own risk.
BITSTAMP:XRPUSD
by Dinjin
2
XRP (Y20.P2.E1).When to enter?Hi All, Just read an article which claims many Traders speculate that XRP will hit 0.70. Hence I said, why not have a look. My observations: ================================ a) Still in a down trend, as we have not established a higher high and a lower high on the weekly b) Major resistance on the weekly is the 50 EMA or as per volume profile 0.30 - 0.32 c) RSI looks bullish on the weekly and however a hidden bearish div. looks present d) MACD is playing out a bullish divergence on the weekly e) The resistance area looks strong measured by the wick of recent, touching the 0.786 level (0.34471). My thoughts: ================================ When all other coins are doing so well and have less risk or stigma against it, I would wait in buying XRP until it has proven to be an uptrend. What I would like to see first is that it breaks the channel, establishing a higher high. It would likely be rejected at the 100 EMA on the WEEKLY. If however it consolidates near the resistance of 0.344 and shows it can hold above this channel, then that could be a good signal to enter. There is also a good change that there will be a pullback onto the 21 EMA on the weekly as of current (blue ribbon, 10-21 ema). Let me know if this chart is agreeable with you with a click on a "like" please. Regards, S.Sari (for my reference, Macro.charts) ================================================================================================================
BITFINEX:XRPUSD
by ssari
4