XRP/USDT 3DAY UPDATE BY CRYPTO SANDERSHello, welcome to this XRP/USD update by CRYPTO SANDERS.
CHART ANALYSIS XRP:-XRP has successfully tested the support at 44 cents, and the price closed in green every daily candle since then. At the time of this post, the price is found at a similar level to last week. For this reason, buyers will have to show more strength to book a profit.
The key resistance is at 53 cents, and this cryptocurrency was rejected twice at this price level in March and April. Nevertheless, the more a level is tested, the more likely it is to break. Should buyers manage to bring the price back to this key level, then a breakout could take place.
Looking ahead, XRP remains bullish so long as the support at 44 cents holds. With the MACD curving up on the daily timeframe, it would seem that buyers are eager to see the price move higher.
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Xrpshort
XRP to find sellers at market?XRP - 24h expiry - We look to Sell a break of 0.4679 (stop at 0.4829)
The bearish engulfing candle on the 4 hour chart is negative for sentiment.
There is no indication that the selloff is coming to an end.
A break of the recent low at 0.4688 should result in a further move lower.
We look for losses to be extended today.
The trend of higher intraday lows has also been broken.
Our profit targets will be 0.4329 and 0.4229
Resistance: 0.5000 / 0.5050 / 0.5150
Support: 0.4850 / 0.4688 / 0.4550
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
XRP/USD 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this XRP/USD 1DAY chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-XRP, formerly Ripple, was once again in the green, as the token continued to move away from a recent price floor.
Following a low of 0.5092 on Thursday, XRP/USD rose to a high of 0.5438 earlier in the day.
As a result of today’s move in price, XRP moved to its highest level since March 29, when the token hit a then eleven-month high of $0.5848.
From the chart, it appears that one catalyst for the move was the 14-day RSI bouncing from a floor at 57.00.
Price strength is now tracking at 62.97, which is marginally below a point of resistance at the 63.00 mark.
At the time of writing, XRP is trading at 0.5274, which is slightly lower than its earlier peak.
This is not a piece of financial advice.
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I am_ XRPUSDT back to the proposition @ 0.367KUCOIN:XRPUSDT
A little warm up leg short for XRPUSDT due to over-brought market conditions and the creation of a new psychological cycle.
Actively short to 0.367, follow the arrows and expect pullbacks for liquidity accumulation. Sell highs on LTF by adding to positions.
Liquidate positions @:
Percentage of dailyTarget 0.427
All accumulated assets 0.367
Enjoy…
XRP/USDT 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this XRP/USD 1DAY chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-extended declines on Friday, as traders continued to secure profits following recent highs.
XRP/USD dropped to a bottom of $0.4246 in today’s session, which comes a day after a peak at $0.4536.
Today’s drop comes three days after XRP hit a peak at $0.4940, which was its strongest point since last November.
This latest decline comes as the RSI fell below a ceiling at the 64.00 mark, and is now tracking at 57.31.
Despite the slip in sentiment, bulls rejected a breakout from a floor of $0.4250, with XRP now trading at $0.4264.
There will likely be another attempt to push prices under this mark, however, should this point of support hold, there could be a reversal during the weekend.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Quick $XRP short This is my analysis and idea only. Do not take this as financial advice, and please do not base any trades based on this chart, or any content I post. These are my thoughts only. Operating in crypto is dangerous and can quickly stack up big losses. Always study, and do your due diligence.
XRP sequence for trading remains with lower highs.XRP - 24h expiry - We look to Sell at 0.3878 (stop at 0.3978)
The primary trend remains bearish.
Trend line resistance is located at 0.3885.
The sequence for trading is lower lows and highs.
Preferred trade is to sell into rallies.
There is no clear indication that the downward move is coming to an end.
0.3986 has been pivotal.
Our profit targets will be 0.3638 and 0.3608
Resistance: 0.3650 / 0.3750 / 0.3820
Support: 0.3600 / 0.3550 / 0.3501
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
XRP's downtrend line is still present.XRP - 24h expiry - We look to Sell at 0.3898 (stop at 0.3968)
The primary trend remains bearish.
Trend line resistance is located at 0.3900.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
There is no clear indication that the downward move is coming to an end.
Our profit targets will be 0.3718 and 0.3688
Resistance: 0.3700 / 0.3750 / 0.3800
Support: 0.3600 / 0.3550 / 0.3501
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
#XRPUSD - Rejected by Upper Trend Line Again!#XRP has been getting rejected by this descending trend line over and over again historically going back over 2 years, and here we are testing and bouncing off once again.
We've got a Sell signal from Crypto Tipster v2 too which would strongly indicate to us we're about to see a drop to the next level of support - a drop of 16%
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
XRP continues to be under downtrend line influence.XRP - 24h expiry - We look to Sell at 0.3838 (stop at 0.3898)
Trend line resistance is located at 0.3845.
Daily signals are bearish.
Preferred trade is to sell into rallies.
We look for a temporary move higher.
We are trading at oversold extremes.
Our profit targets will be 0.3688 and 0.3658
Resistance: 0.3640 / 0.3700 / 0.3780
Support: 0.3600 / 0.3528 / 0.3500
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
XRP Monthly outlook | XRP Never liesXRP has a huge supply and most of the supply is locked in an escrow wallet. The concentrated supply of XRP in a few hands makes XRP manipulation tough.
Most popular manipulations are fake breakouts and pumps crossing critical resistances which eventually fail and playout as bull traps.
XRP is of one the only crypto tokens which undergoes a constant selling pressure from its parent company thru market makers. Pumping XRP above critical resistances is not viable as Ripple market makers sell into tops and offload chunks to maintain cashflow.
The trend is clearly bearish across all crypos and stocks globally. With companies making record lay offs, an impending recession triggered by a blackswan event is inevitable.
This penant marked with yellow lines will breakdown eventually, the person who spots the first 12 hr candle of the impending doom will make the most of it.
Remember, Shorting too early is as good as being wrong.
Patience is a virtue.
XRP to break lower?XRP - 24h expiry - We look to Sell a break of 0.3736 (stop at 0.3806)
The sequence for trading is lower lows and highs.
Our short term bias remains negative.
A break of the recent low at 0.3740 should result in a further move lower.
Our outlook is bearish.
The lack of interest is a concern for bulls.
Our profit targets will be 0.3561 and 0.3511
Resistance: 0.3830 / 0.3860 / 0.3900
Support: 0.3750 / 0.3700 / 0.3604
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
XRP'S Ripple consolidation coming to an end?! 06.02.2023Really simple stuff.
Take the technicals combine it with SEC lawsuit looking very positive for Ripple (The prosecutors basically admitted that XRP token is not a security, making the lawsuit invalid).
On another fundamental bullet point we have the XRP ledger paving the way for tokenization as it continues to mount up popularity.
The technical aspect shows a descending trend-line since mid last year being tested 6 times and 2 ascending trend-lines converging since November, December last year, tested a combined 6 times - Classic consolidation.
**The resistance of consolidation is around 0.415-0.42, a breakout with weekly candle open higher could be the firing shot to a huge rally back to ATH and more.
**The support of consolidation is around 0.39-0.38, a breakout below could revert price back down to lows of ~0.30 and below in case XRP loses the trial (very low odds according to info out) is probably the only viable reason for XRP to break consolidation down.
RSI 14 shows plenty of breathing room to continue to rally with ease.
Pay attention and do not miss what could be x10 gains and more very quickly once consolidation breaks up consistently with weekly candle open.
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I encourage you to do your own research and trade with caution.
Thank you for reading and let me know if you have any questions or comments, highly appreciated!
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Trading XRP in a range.XRP - 24h expiry - We look to Sell at 0.4138 (stop at 0.4208)
Price action continued to range between key support & resistance (0.3950 - 0.4150) and we expect this to continue.
Trading has been mixed and volatile.
Daily momentum has stalled and our bias is now neutral.
Preferred trade is to sell into rallies.
Our profit targets will be 0.3966 and 0.3916
Resistance: 0.4000 / 0.4050 / 0.4150
Support: 0.3920 / 0.3850 / 0.3800
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.