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.
Xrpshort
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.
$XRP Bullish - Not without a few fake outs along the way *SMC**SMC = Smart Money Concepts or I Formerly referred to it as Smart Money Theory. Same thing I think it is being adapted to a bigger retail trader class (you all are getting wiser for changing to this style of analysis) you can find a few tutorials and breakdowns in the related ideas link to this one. Earlier I did my own limit call at the beginning of the rebalance redeliver at 0.4219. It hit that price around 3:30 eastern time (U.S.) Monday and my exit was near the same recent high of .43155. Which was also the Consequential Encroachment of a daily Fair value gap. I Nailed it without blinking an eye. Now the question is where from here? Well at first, I didn't notice that it had already filled the rebalance-redeliver (Shown in this chart)
So my first drawing of the pullback might be off. It could just go straight up to the daily bearish order block. as the first projected yellow run just goes straight up into it and then pulls back. but it could manufacture more liquidity and pull back more before moving up. I'll explain in greater detail.
The objective was to fill the weekly Fair Value Gap (created in September, which has happened) as well as fill the imbalance in the redeliver rebalance (Which has already happened) However, it wouldn't be a smart money concept if it didn't try to manufacture liquidity. (just above the .43155 area) So I assume there will be another pullback near that price. However, now we have to keep in mind that there is another Weekly fair value gap that needs to be filled (thus gap was created in November when the price was moving down). (The purple outline that the projected yellow line touches going up and the pull back down) So it could pull back to the same area that it closed the redeliver-rebalance on (0.41330) and then run up and over the 0.43155 level to the daily bearish order block. This would be near .4498-.45 level. After it hits that rejection block it should fall to fill the rest of the weekly fvg which is near 0.398 but could get as low as .3768. This would cause a panic in the retail market and you would see a lot of people jumping ship for a loss. While Smart Money (Larger Institutions) sweeps in to buy up at a low price. When in reality all price is doing, is what its meant to do, 1 Fill imbalances 2. attack liquidity.
So then price I believe would start making another run this time up to a median of the bearish order block which is in the congruence of the 227% fib extension of around the .48 price.
How long will this take? Who knows. Am I gonna be 100% right? Probably not. But after studying so many smart money charts, I would not doubt that this would happen over the span of 2-4 weeks. Or maybe 1-2 weeks.
We can only wait and see :)
KUCOIN:XRPUSDT
KRAKEN:XRPUSDH2023
BITSTAMP:XRPUSD
BYBIT:XRPUSDT.P
Upper target reached..The moment of truth is here. A possible pullback as in my predicted forecast.. or there's a chance to push through with a breakout. I think a bit of bearish action will occur from here on before the big moonshot that will redefine what Xrp can really do! The greatest moment for Xrp is fast approaching! History about to be made! $$$🚀
XRP/USDT 4Hr UPDATE !!Hello, welcome to this XRP/USDT chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-XRP has been making lower lows after a significant decline on Monday when the price briefly hit 30 cents. This led to a decrease of about 2.2% during the past seven days.
This week, the volume is in red, and sellers dominated the chart. This gives little hope of a reversal at this time, particularly when the key support at 33 cents is put again under pressure. Considering this price action, a break to the downside seems somewhat likely.
Since the spike on Monday could be indicative of things to come, it’s quite likely that XRP will have to revisit the 30 cents support before it can hope to reverse the current downtrend. Buyers don’t appear confident to stop this selling pressure.
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
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:-
Ripple (XRP)
This past week, XRP had a good attempt at breaking the key resistance at $0.36 but was swiftly rejected by the bears. For this reason, the price fell by 3.4%, and XRP is now found just above the support at $0.33.
Should buyers hold here, then it’s likely that XRP moves sideways between the key levels. However, any weakness could quickly be exploited by sellers that could push the price back to $0.30, which is a critical support that must hold.
If buyers fail to stop this downtrend, then this cryptocurrency will quickly find itself in a precarious situation, particularly if it loses its support at $0.30. That would open the path to lower lows in 2023, which would make the new year start with a bearish price action.
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
Short it again and again and again..Nothing good (for holders) / ATM
Nothing bad (for traders) / EVER
Simple as always
Lost support / PULLBACK and going to touch lower and lower and lower again and again...
Old way schools of Ripple team is not working any more and people are not interest to put money in this coin ( CHECK VOLUME )
ez 0.1 target is on the table if they not be able to fix contract/nfts/.. issues
Stop loss: 0.35~0.36
Targets are shown
LEVERGE i use: 5x
Do over leverge and make the market maker happy ;-)
XRPUSD 'D' - If current support breaks we've got a 20% Short!Taking a look at the current XRPUSD chart and we can see some clear levels of support/resistance. The market has settled and ranged in this area a few times before.
With the current state of the crypto market (mainly due to the FTX fiasco) it could be a good idea to focus on some short-term short trades (pun kind of intended). We've got Sell signals across the board from Crypto Tipster v2, a quick scan of the charts will pinpoint exactly which trades are going to be the most likely to provide positive results, this could be one of those trades.