XRP Explosive move on the way!!?Taking a look at the XRPBTC pair as i said last time we look like we are repeating the big run up we had in early April, notice on both of the white circles we see long flat price action with our bollinger bands squeezing down hard onto us, these two stretches of price action looks very very similar so i took the fractal of when we ran up the first time and placed it on our current spot and already we are looking like we are following it, if this all follows along like i have it drawn out we can expect an atleast high of 0.00004730 SATS with a upswing of about 150%! The bollinger bands after volatility shrinking and bands squeezing down on us seem to have exploded to the upside just like we saw previously, we are currently riding the top band of the BB's and its only about the second candle of doing so, if we see this continue we could see multiple more candles ride up the top band brining us very nice gains. The MACD looks great with our histogram putting out bigger green bars and looking to have another bullish cycle, our Blue MA is pointing upwards and seems to be leaving the orange behind, the more and more separation of the MA's we see the more momentum and lesser chance of us getting a bearish cross for the time being. The RSI is just reaching the overbought zone but if momentum keeps going we could see the RSI hangout here for a bit more than likely till we see the little cooloff shown in the fractal, the biggest key here is that we have shot right through the RSI midline which will now act as support but more importantly we are in a confirmed uptrend if we can continue to hold this level! Very bullish on XRP it is a very solid and great project and even while the SEC is suppressing XRP we are still showing great strength, think about when the time comes that XRP is fully relisted across all major exchanges, that will bring a tsunami of momentum and also even just the relisting on coinbase will bring the famous "coinbase" pump, better to be in before that happens, Not financial advice just my opinion!!
Xrplong
XRP Price Explodes To $1 As Altcoins Surge
XRP price extends the bullish leg, stepping above $1 for the first time since May.
Ripple’s ongoing breakout seems unstoppable, especially if bulls hold firmly to $1.
Ripple has been one of the best-performing cryptocurrencies in almost three weeks. The international money transfer token currently trades 96% higher than the low in May and July. Support at $0.5 played a critical role in ensuring that losses did not explore levels toward $0.4 and $0.3, a move that may have paralyzed the bulls entirely.
Subsequently, the persistent push from the bulls guaranteed that investor interest was sustained. Hence the massive buying pressure behind Ripple. Several barriers have been shattered so far, including the 200 Simple Moving Average (SMA), $0.8, and the three-month descending trend line.
The latest boost being a break above the barrier at $1. At the time of writing, Ripple is teetering at $1.03 while bulls gaze at the short-term hurdle at $1.1. Trading above this level will elevate XRP to $1.2, thus paving the way for another run-up to $1.4.
XRP Price Still In The Bulls’ Hands
The short-term technical picture on the daily chart is highly bullish. Note that the Moving Average Convergence Divergence (MACD) extended the bullish outlook above the mean line. Moreover, a buy signal presented in July reinforces the bullish grip on the price. As long as the MACD keeps rising, we expect Ripple’s up-trending market to remain intact.
Similarly, the SuperTrend indicator recently sent a signal for traders to consider buying XRP. This technical index follows the trend of an asset like a moving average but incorporates the average true range (ATR) in its calculations, thus gauging market volatility.
The buy or sell signals presented by the SuperTrend are supposed to help traders identify the long-term trend of an asset and mark entry and exit positions. With the buy signal in place, Ripple has the potential to keep rising in the near term. Hence, support above $1 and perhaps a break past $1.1 will bolster the token significantly toward $1.6.
Ripple Intraday Levels
Spot rate: $1.03
Trend: Bullish
Volatility: Low
Resistance: $1.1 and $1.2
Support: $1 and $0.8
XRP Breaking Out, 96% Gain back to $1.96XRP Breaking Out, 96% Gain back to $1.96. The last time the Swing Call Script Signalled a Buy Signal, XRP gained 322% in 25 days from 20th Mach to 14th April. This was a very impulsive move and we can expect the same here after a retest of the 200SMA failed, XRP retraced 9% before gaining bullish momentum as the 13 EMA crossed up above the 50 SMA on the 1st August.
Current Buy Zone at the 200SMA support level just below the 23.60% Fibonacci level for a sniper entry back to previous April ATH price level @ $1.96. Use Buy Zone as a guide to map out your entry whether you are trading or accumulating for your portfolio. Happy Trading :)
XRP , ready to fly ?first of all , check out related idea down below , my XRPUSD analyz from aug2020 , im sure you like it ! i checked xrp.dominance and find it very interesting , monthly chart follows a downtrend from 2017 till now , if you are an old trader you know that xrp rise was a storm so maybe a few years correction ? the spring is being pulled , volume is decreasing for a months now , dominance might kiss the dip one more time but i belive in priceaction ,i predicted altseason in 2020 but i dont belive we have seen real altseason yet , but we may see it this year
Xrp is Ready to Go!Hello IWealth Here, I have been Trading and Teaching for 7 years. and im happy to share my idea that could help you in the crypto space.
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XRP we believe may have bottom out around 0.50 on its previous drop touching a very strong trend line that been holding it as support. The next target to the upside will be around 0.90-$1.00. We can see that a breakout can happen but time is the only thing that we need to remain patient.
looks like a Short to the 0.618appears that xrp may retrace down to $0.62 before continuing up. Broke out to the downside of the daily triangle that was being formed and the projection of that lines up with the 0.618 fib level.
Also zoom out on the daily and weekly time frames and have a look at the fib patterns from 2017 compared to now and how it lines up with previous ideas I've published and the overall uptrend channel on the chart
I customized the fib (far right and far left) to simplify the story that the smaller fibs are showing.
Not financial advise just my insights. ;-)
Long term update with new fibsAlso zoom out on the daily and weekly time frames and have a look at the fib patterns from 2017 compared to now and how it lines up with previous ideas I've published and the overall uptrend channel on the chart
I customized the fib (far right and far left) to simplify the story that the smaller fibs are showing.
Not financial advise just my insights. ;-)
XRP Crumbles From July Highs, Risks Exploring Levels Under $0.7
XRP price failed to extend the bullish leg to $0.8 following the gains on the weekend.
Ripple hunts for support at the 50 SMA to avert losses under $0.7.
The MACD and the RSI reinforce the bearish outlook, leaving XRP vulnerable to losses.
Ripple price has continued with an upward roll started after July’s worst selloff that saw it plummet to $0.52. The international money transfer token seems to have restored investor interest, especially with the launch of the On-Demand Liquidity (ODL) remittance corridor between Japan and the Philippines.
The payments corridor tapping into Ripple’s flagship blockchain service is significant because of the nearly $2 billion a year remittance market between the two companies. Following this news, XRP made hastes stepping above $0.7. The bullish leg stretched toward $0.8 over the weekend but stalled around $0.78 on some exchanges like Bitfinex.
XRP Price Engages Reverse Gears At Full Throttle
Ripple is trading at $0.72 in the wake of rejection from $0.78. Since the recovery began last month, the price action shaped in an ascending parallel pattern. The channel’s upper edge contributed to the overhead pressure, cutting short XRP’s bid for $0.8 and $1.
Besides, a break under the middle boundary appears to have put bears completely in control. Hence, Ripple needs to hold the support at the 50 Simple Moving Average (SMA) and the channel’s lower boundary. This will ensure that losses do not stretch to $0.7 and explore levels further down.
It is worth mentioning that the short-term technical picture is mainly bearish, starting with the Moving Average Convergence Divergence (MACD). A sell signal from this trend-following tool appeared when the 12-day EMA crossed below the 26-day EMA. Note that the odds for a bearish outlook soar as the MACD moves closer to the mean line.
The Relative Strength Index (RSI) adds credibility to the bearish narrative, especially with the ongoing retreat from the oversold region. Sellers will get more aggressive if the RSI confirms movement below the midline and closes the gap to the oversold area.
Ripple Price Intraday Levels
Spot rate: $0.722
Trend: Bearish
Volatility: Expanding
Support: The 50 SMA and $0.7
Resistance: $0.75 and $0.78
XRP ABOUT TO TAKE OFF AGAINST BTCXRP has definitely being showing its strength recently even yesterdays run up we were ahead of BTC and most other large caps. And even while being wrongly suppressed by the SEC. Taking a look here i have found something that looks very very similar to the past, check out the white shaded circles on the chart and the first one on the left we see long drawn out sideways movement, mostly red candles with a few green ones popping up. Directly after this sideways "dead" movement we had an absolutely massive run up of aprx 412%, now take a look at the most recent shaded circle, dont you notice how we see once again very long drawn out sideways movement with mostly red candles and now a few green candles are starting to pop up, i placed the same run up we saw the first time on our candles we are seeing now and this would equal out to roughly 200% to the upside with a potential top of 0.00046 satoshis. Now it could play out like this or not even at all but i do believe XRP is ready for a massive run up, we could even see a bigger one then we saw before but we have to wait and see. Also lets talk about some indicators that are giving me more hope that i could be right here, first the Wave trend, as you can see on the WT we have seen a pretty long bottom with not much movement out of this zone, almost every time we see the WT bottom out a big wave all the way to the top of the zone follows. Next the coppock curve which is a longer running indicator that is used to find market bottoms and the start of run ups, we also have been bottomed out for quite some time, and the thing with this indicator is it almost never makes any jagged movement or like fakeout movement it is usually always smooth transitions with the waves usually running upto the top of the zone before then coming back down. Now we are starting to see an uptick on the coppock curve which in my mind shows we are starting to see the beginning of the next wave, as i have been saying previously i think we will be slowly starting to get back to the bullrun by the beginning of august and we really seem to be just doing that, with lots of BTC and market movement this also gives me some hope that this fractal could play out like i have it. Not financial advice just my opinion!
XRP buy the uptrend.Ripple - Intraday - We look to Buy at 0.6116 (stop at 0.5944)
Trend line support is located at 0.6100.
Dips continue to attract buyers.
We look to buy dips.
We look for a temporary move lower.
The medium term bias is neutral.
Our profit targets will be 0.6588 and 0.6638
Resistance: 0.6500 / 0.6700 / 0.6800
Support: 0.6400 / 0.6300 / 0.6100
Ripple Price Skyrockets To $0.75 But Uptrend In Jeopardy
Ripple price ascended to $0.75 on Wednesday as an On-Demand Liquidity corridor debuted between Japan and the Philippines.
A correction is underway, with the price sliding back $0.7.
Ripple remarkably broke out mid-week, flying the bullish flag high above the crypto horizon. The news reverberated across the market that the blockchain company would launch a new On-Demand Liquidity (ODL) corridor between Japan and the Philippines. The primary goal is to tap into the nearly $2 billion per year remittance market between these two countries.
The news was a breath of fresh air for XRP as more investors streamed into the market, perhaps to take advantage of a potential rally. As buying pressure behind Ripple surged, the token shot above $0.7 and stretched the bullish leg, brushing shoulders with $0.75.
Ripple Price Corrects As Investors Take Profits
The recent drop to $0.52 could have harmed most investors. However, there was hope that they will resurface from underwater and gasp for air. Intriguingly, technical levels joined hands with the fundamentals, boosting XRP to $0.75.
However, the resistance at the week’s high cut short the uptrend, killing the hope for the international money transfer token trading above $0.8. At the time of writing, Ripple has retreated to $0.7 amid an uptick in overhead pressure. The correction is mainly accentuated by the desire for investors to take profits before rejoining the market.
The Relative Strength Index (RSI) indicator has also retreated from the overbought area and sharply falls to the midline. This technical tool tracks the trend of an asset and measures its strength. A sharp drop toward the midline and the oversold is indicative of a firmer bearish grip.
More sell orders will also be triggered if Ripple makes a four-hour close under $0.7 and the ascending parallel trend line’s middle boundary. Support is expected at $0.65 and $0.62, respectively. If push comes to shove, the token might explore areas under $0.6 again.
Ripple price intraday levels
Spot rate: $0.69
Trend: Bearish
Volatility: Growing
Support: $0.65 and $0.62
Resistance: $0.75 and $0.8
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!
XRP Jumps to the MOONHello IWealth Here, I have been Trading and Teaching for 7 years. and im happy to share my idea that could help you in the crypto space.
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XRP finally breaks out of the downward channel and now is above support. Next level for resistance will be 0.75 and I can see a small pullback follow by a large move to $1.00+
XRPBTC and DOGEBTC comparisonsXRP has a similar chart structure to DOGEBTC
The major similarity is that the price is range bound, meaning, price has been stuck in a limited area (squeezed) area for the majority of its existence
This 'bound' nature, builds tension as each day passes, influencing the probability of a breakout out of this range
Some things however are not similar,
As on DOGEBTC price can be seen to be consistently oscillating pumps, where XRP has limited pumps
An observation post
I am long XRP
The Final and Only XRP Technical Analysis You NeedHello boys, it's been a great journey posting ideas here since the correction in May, but sadly this will be my last post. If you have been following me, then I hope you've been taking advantage on my warnings of these dips I've been indicating for months, for this is once in a life time chance. Let's not be sappy and I will give you my final play by play expectations on what will happen in the next few days, but remember none of these are financial advice.
Next week, on the 28th, the FED will make a decision about the current monetary policy and interest rate of the current market that will most likely affect both the stock market and the crypto market along with it.
It's most likely that they will mention about the possibility of tapering and hiking the interest rate base on the CPI data that was released earlier this month that sent the stock market and crypto market down. Which will force companies to turn to the dollar since if the interest rate/tapering happens then asset classes will be hugely affected. You can look up the inverse correlation of the US dollar and the crypto market for yourself. To put it in simple terms, if the dollar goes up, crypto goes down. Companies and most big players already left different markets (including crypto) and the only people who are buying are the retail traders and hedge funds. If you're following whale wallets in the past few days you can see that a lot of them are pulling out their cash outside of exchanges and injecting coins back to the market from their cold wallets. Anybody that tells you that institutions are buying are only shilling the coins otherwise.
As expected and what I mentioned from my posts before, BTC is beginning to rally to the upside in anticipation for the biggest sell off we'll be seeing in the crypto market that will send BTC down to 12-19k area. I can see it rallying all the way towards the 35k-38k area and staying there until Monday until we start to see the stock market make their movement in anticipation for the Fed's announcement on the 28th of July.
There will be consolidation and bouncing around 28k, 24k, and 19k before having the final dip towards 12k area which will likely be in September. Why September? Because after major market corrections, the U.S. House of Committee usually have meeting about policies for the FED, but on the month of August they only have two week session before going to a break until September. So I expect a dip to 19k then see a rally to 28k area as a major fake out in the month of August, then dip to 12k around the beginning week in September.
Who knows, maybe if the market do crash and we see a temporary fix by the government and the Fed, that will be the catalyst of BTC to go for the next leg of the bull run. I would be expecting it to happen in December 2021/February 2022 at the latest. But that's too far for anybody to try to predict what will happen.
I'm sorry I couldn't give you the entire details on how I got these informations but if you follow the stock market, crypto wallets, federal news and different sectors and their movements, macro economics and cyclicals then you'd get the point. The market will do what the market have to do.
Be safe trading!
ciao
Using the Fib Wedge tool XRPUSD The wedge tool can be demonstrated here
XRP can be seen in 2014 (the early days) pumping periodically throughout fib ranges
When finished it led to a massive breakout.
Now the current rising broadening wedge can be seen to be pumping in the same periodic matter
Is this a sign of a large bull move coming? maybe.
The only difference is this time the wedge is expanding as price is rising.
While before the price was falling as the wedge was tightening.
This is makes the situations kind of equal in a way.
In green circles (flag emoji) very similar price action can be seen.
Below is a clearer version of the current ascending wedge on XRP
Ripple Rolls Down The Runway Preparing Ultimate Takeoff To $1
XRP price recoiled from support $0.52, clearing the path toward $0.6.
A break above the month-long descending trendline rejuvenates the bulls' effort for gains heading to $1.
Ripple has gained some ground since the selloff earlier this week. The cross-border money transfer token lost a considerable amount of its value, whereby the bearish leg extended from $0.6 to $0.52. A more than 10% decline in the cryptocurrency market is not surprising, but the same in another industry would leave an imperfect and an unwanted storm.
Meanwhile, XRP seems to have gained all the ground this week, suggesting that the international money transfer will end the week in the green. At the time of writing, Ripple teeters at $0.59 and looking forward to trading above $0.6 in the near term.
XRP Price Gain Recovery Momentum
Several buy signals keep Ripple bulls on toes as investors speculate on the price hitting higher levels in the coming sessions. Firstly, settling above $0.6 would be an excellent boost to ascertain the market's stability.
Secondly, Ripple is trading marginally above a month-long descending trend line, suggesting that one of the most significant barriers are out of the way. Note that the 50 Simple Moving Average (SMA) caps the immediate upside and must come down for bulls to extend their leg toward $0.7.
The Moving Average Convergence Divergence (MACD) indicator is vividly bullish as the 12-day EMA crossed above the 26-day EMA. As the MACD nears the mean line, the odds for Ripple sustaining the uptrend increase incredibly.
Similarly, the Relative Strength Index (RSI) affirms that bulls have the upper hand. This technical tool follows the trend of an asset and calculates its strength. A sharp move from the oversold region to the midline shows that the bulls' grip is more substantial. If the RSI continues with the same momentum to the overbought territory, Ripple will take down the numerous stubborn hurdles, heading toward $1.
Ripple Intraday Levels
Spot rate: $0.59
Trend: Bullish
Volatility: Low
Resistance: The 50 SMA and $0.7
Support: $0.56 and $0.52