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XRP prints massive bullish outlook Ripple is getting ready for a breakout as long as the bull flag pattern on the 4-hour chart is confirmed. Holding above $0.5 remains key to the upward momentum. XRP is still under the impact of the gravitational force following the rejection at $0.65. Ripple has sustained the price above $0.5 for a couple of days now. The need for stability came after a rejection from the most recent high of $0.65. XRP tumbled from this level to support provided at $0.48. Meanwhile, the recovery that ensued has been limited to under $0.6. Ripple eyes a bull flag breakout XRP has been declining within the confines of a descending channel, likely to confirm a bull flag. This pattern is referred to as a bullish continuation pattern in technical analysis. It develops after an extended upward move followed by a correction. The correction signifies consolidation as selling pressure diminishes, giving bulls an opportunity to take over control. A significant breakout in the direction of the previous, trend is anticipated as the bull flag matures. Typically a breakout is supposed to occur when the price drops to about halfway the flag pole. As for Ripple, it is teetering at $0.52 at the time of writing. The current battle is to break and settled above the middle layer of the flag pattern. However, pushing for a breakout above the bull flag will result in massive gains above the stubborn resistance at $0.65 and toward $0.75 (yearly high). It is worth noting that, sellers are still dominant at the time of writing. The Moving Average Convergence Divergence (MACD) reinforces the apparent control by the sellers. They are likely to remain in control until the MACD line (blue) crosses above the signal line. Besides, other hurdles like the 50 Simple Moving Average (SMA) on the 4-hour chart must come down for the breakout to materialize. Ripple intraday level Spot rate: $0.52 Percentage change: -0.6% Relative change: -0.003 Trend: Bearish Volatility: Low
BINANCE:XRPUSDLong
by CoinGape
1
XRP BUY SETUPHello everyone, if you like the idea, Please support with a like and follow. As we wait for settlement results XRP has been maintaining a solid climb, I personally will keep holding my XRP 'cause I believe it has one of the best technologies for the digital Currency space that could one day be greatly utilized. After reading the previous news and watching Attorney Jeremy Hogan(check him out on YouTube "Legal Briefs" ) explain deeply, It seems like the SEC changed Lawsuit rules to screw XRP, putting XRP Escrow under attack. As we wait for clarity XRP has offered plenty of opportunity to day Trade.
BYBIT:XRPUSD.PLong
by royalkcg
XRP poised for a massive move as $0.75 beckonsRipple confirms the uptrend after closing the day above $0.5. XRP may flip massively bullish if the 61.8% Fibonacci resistance is broken. A correction will come into the picture if XRP loses the support at $0.5. Ripple price continues to use the recent support at $0.35 as the springboard back to $0.75 (new yearly high). The cross-border token has remained persistent in the battle for recovery, keeping in mind that it lags behind its peers due to the uncertainty it faces regarding the ongoing lawsuits. The Security and Exchange Commission (SEC) in the US wants it to be categorized as a security token. However, Ripple Labs Inc., the company that issues XRP and its top executives maintain that the token is a cryptocurrency just like Bitcoin and Ethereum. As the brawl continues in court, XRP is on a mission of breaking barriers. Despite being pumped and dumped a couple of weeks ago,  Ripple seems attractive to investors, perhaps due to its low price compared to BTC and ETH. At the time of writing, XRP trades at $0.56 after extending the bullish leg above the critical level at $0.5. The least resistance path is upwards based on the short-term technical picture. For instance, the Moving Average Convergence (MACD) has reinforced the bullish narrative as it moves higher in the positive region. Moreover, the MACD line (blue) rests above the signal line, suggesting that XRP has a formidable bullish impulse. The upswing to $0.75 will start to materialize as soon as Ripple closes the day above the 61.8% Fibonacci retracement level, taken between the last swing high of $0.75 to a swing low of $0.34. This the immediate hurdle and needs to come out of the way for XRP to flip massively bullish. On the other hand, a correction will come into play if the resistance at the 61.8% Fibo remains unshaken. Selling orders are likely to increase, especially with investors preferring to exit amid the uncertainty in XRP’s market. Previous support levels at the Simple Moving Average and $0.35 will come into handy to stop the losses. Intraday levels Spot rate: $0.55 Relative change: 0.025 Percentage change: 4.8% Trend: Bullish Volatility: Growing
BINANCE:XRPUSDLong
by CoinGape
XRP to catch up with the other AltsXRP broke through the orange triangle, giving it enough momentum to break above the long term pivot point (0.45). It has since retraced back to this key area 3 times with the most recent retest providing a strong bounce. With little resistance above there is a chance of a quick and dramatic upward move. Not trading advice but if I was going to trade this with leverage I would aim for the recent high around 0.75 and cut any losses with a close below 0.45. Thanks for likes and comments
BITSTAMP:XRPUSDLong
by Stewart_G
XRP - We Broke the Trendline I forgot to mention that we broke the downside trendline and that is good news for XRP community. Since the last time I updated you, XRP is up 30%. I said XRP is going to do 50% retracement and will test the resistance 0.475. Now we have to close one daily candle above 0.50 to move further and it is time to test the next retracement level 0.618 and once we break it we are going to test the resistance 0.75 for the last time hopefully. Good things take time so be PATIENT.
BITSTAMP:XRPUSDLong
by GOAT1375
XRPUSD Higher? We still like the long side of XRP buy pullbacks Although XRP has been in the headlines a lot recently regarding US regulators we still like the long side of this Crypto currency and have been adding to our exposure since its major selloff. However we dont see a great location to add to our position around these levels. Unless one is prepared to have a considerably high risk tolerance to this Crypto we would avoid adding here and would prefer lower prices first, Alternatively we would consider adding higher once the new breakout occurs with a better idea of where we would have an acceptable risk. Crypto currencies have a tremendous amount of volatility and so if you are not prepared for large percent % drawdowns one would do best to pick strategic entry points or trade a different asset class completely. On the other had if one is building a long term portfolio of crypto holdings then averaging into XRP/USD with more flexibility to precise price levels is not a bad idea.
BITSTAMP:XRPUSDLong
by seekingpips
XRP completed another bullish Gartley for upto 89.5% rallyHi friends, hope you are well and welcome to the new update on XRP coin. The priceline of XRP is continuously forming different successful harmonic moves. This time it has formed another bullish Garltey pattern entered the potential reversal zone. There is also 100 simple moving average support in the potential reversal zone. The C leg should be at least up to 0.382 Fibonacci projection but on this chart there is a small difference, but as all legs are perfectly formed therefore this difference is ignorable. This trade has a huge profit possibility up to 89.5%, and the loss possibility is 20%. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
BITSTAMP:XRPUSDLong
by moon333