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Xrplong

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
XRP - notice any pattern ??Non XRP holders are laughing, saying this was just a pump & dump fake out !! XRP holders are whining, asking themselves "why didn't I sell at 75 cents again ?? What if XRP is ready to shoot up and test ATH ?? Do not say I am delusional ! I just calculated the projected price objective of the inverse H&S pattern. I am not very good at it, but if I am not mistaken, it should be around 8106 satoshis - or at around 3 USD !! Let's watch this carefully and not loose the sight of the broader picture here !!
Long
by Dangermousebanana
6
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