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Xrplong

XRP completed Cypher pattern for up to 70% profit rallyHi dear friends, hope you are well, and welcome to the new update on XRP coin. On the small-time period 4-hour chart, the price action of the XRP has completed the final leg of bullish Cyhper and entered the potential reversal zone. There are also good support of 50 SMA in the buying zone and 100 and 200 simple moving averages below the buying zone. This trade has a profit possibility of 70%, and the loss possibility is 16%. 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
1
XRP - Good news Bad news Good news is that 'at least', the 34cents support worked out again. Bad news is recent failure to rise over 65cents and off course, to make things even worse, it dropped like a knife from there to 34cents. Ripple is super volatile and the key is patience and trading strategy. personally I like Ripple for it's volatility but the range 34cents to 60cents is a big one and one needs to be mentally prepared to deal with such a trading environment. At this stage i bought at 34 and already taking some profit but I want to see 60 cents again soon and that's when it will be time to attempt a short. This will continue for as long as the SEC situation exists. It will take time for things to be clear again. remember my very first post on Ripple XRP: It was not and never will be Bitcoin. Click on play and it will make prefect sense.
BITSTAMP:XRPUSDLong
by FX_Professor
2
Ripple price rejected at $0.75, can this crucial support hold? Ripple's massive breakout hit a critical barrier at $0.75, capitulating short-term holders. Ripple must hold the 50 SMA or $0.34 key levels to avert potential losses toward $0.3. Closing the day above $0.4 could see XRP jump toward $1 as investors’ stream back to the market. XRP flew the bullish flag above the cryptocurrency horizon from late last week, the weekend session, and on February 1. It was a perfect storm (staying in an elongated consolidation) for Ripple’s community. Our analyses in the previous weeks had predicted a breakout to $0.5. However, Ripple proved it a conservative target, hitting levels of $0.75 for the first time in 2021. At the time of writing, XRP is doddering at $0.38 after a sudden sharp fall from the February 1 highs of $0.75. The support anticipated at $0.7 and $0.4 failed to rise to the occasion, leaving bears completely in control. In the meantime, the 50 Simple Moving Average has come in handy, limiting a breakdown under $0.34. It is essential that this support holds, otherwise, XRP may continue with the freefall back to the dominating levels in January (between $0.25 and $0.3). The Moving Average Convergence Divergence continues to reinforce the pessimistic outlook, especially now that the MACD line has crossed under the signal line. In other words, recovery will not be a walk in the park and more losses will come into the picture before buyers can control the cross-border token. A comprehensive glance upward suggests that Ripple may soon renew the uptrend if the price closes the day above $0.4. Such a move would call for more buy orders as investors rush back to the market in anticipation of another run-up toward $1. Ripple intraday levels Spot rate: $0.38 Relative change: 0.01 Percentage change: 2.5% Trend: Bearish Volatility: Expanding
BINANCE:XRPUSDShort
by CoinGape
XRP - Next target 83 cents Our updated XRP video with key support and resistance levels. Price has breached the 63 cents resistance level , came back and tested it as support. It looks ready for a GRAND CHECK of 0,83. Remember, in November the price stopped at exactly that level (ascending trend line, was 76 cents then, it is 83 cents today) Can this level be broken now? Well I don't know guys, I am experienced in financial prognosis, not a psychic. It will be 50-50- toss a coin this time. Yes, I know I told you to buy again at 35cents and i also made a huge return in 10 hours by taking a take profit perfectly in the last similar occasion but this time at 83 cents we will all need to wait and see how the price will perform. A video will follow in a few minutes.
BITSTAMP:XRPUSDLong
by FX_Professor
8
XRP in Wave 3 Dear Traders XRP is in wave 3 which will move over 0.49 then will pull back to 0.4370 and in this rate we get ready for wave 5 which will lead the market to 0.5860 All the waves are clear in the chart. in Wave 1, the subwave 5 didn't pass wave 3 and this wave made it complicated. I was planning to count wave 2 as the subwave 4 of wave 1 which was rejected because subwave 4 couldn't cross subwave 1. If you are agree with my analysis please click the Like button I will find out we are in right decision or not. Thank you Best wishes
Long
by FireXForex
3
XRP - Buy again at 35cOur updated chart after today's rise. As we had posted yesterday the rise was expected but a strong resistance at 52 cents has pulled the price back to 40cents and probably will go lower before testing support at 35 cents. NEWS: In a Friday filing, Ripple pushed back against the SEC’s allegations, which claim that the firm violated U.S. securities laws for over seven years by selling $1.3 billion worth of XRP tokens. “The functionality and liquidity of XRP are wholly incompatible with securities regulation. To require XRP’s registration as a security is to impair its main utility,” the response said. In a 93-page filing, Ripple responded to each of the SEC’s paragraphs. In its affirmative defenses, Ripple stated that XRP is not a security or investment contract, and the firm’s sales or distributions of XRP are likewise not investment contracts. “The Complaint mischaracterizes advice that Ripple received in 2012, from which a reasonable reader actually would have concluded that Ripple Credits (a past name for XRP) were not a security,” the filing adds a few paragraphs down. Ripple is also claiming that the SEC did not provide fair notice that its sales of XRP might be violating the law. In addition to filing its response, Ripple filed a Freedom of Information Act request for documents from the SEC on how it determined that bitcoin and ether, the top two cryptocurrencies by market capitalization, are not securities. reference: www.coindesk.com
BITSTAMP:XRPUSDLong
by FX_Professor
11
XRP - 4h. Ripple came to life againAfter a week of trading in the XRP market , buyers still managed to take control of the local mark of $0.28 . This mark caused a lot of problems for buyers, sending the XRP price on January 25 and re-test the range of $0.24-0.26. However, the retention of buyers in this range provoked a new wave of growth , which broke the consolidation in the range of $0.24-0.31 . As you can see in the chart, yesterday's fall in the price of BTC after the momentum did not affect the XRP market. Buyers confidently kept the price and today continued to grow with the goal of the test range of $0.36-0.38 . Once fixed above this range will be a good opportunity to join the rise in price of XRP with a target of $0.46 However, won't bitcoin take all the attention again? See in our section "Bitcoin weekend" ______________________ 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!
by P_S_trade
22