Xrpusdanalysis
XRP Bull Flag Forming, Targeting $2.20 Short TermYes I know, in my previous post concerning XRP I discussed a bull pennant formation forming on XRP.
That pennant officially broke down instead of up, which is always possible in any triangle formation.
However, now we seem to be forming a bull flag, which is essentially the same end result when it comes to how to measure price targets from it.
If we get a breakout UPWARD from the bull flag, expect a price target of at least $2.20 short term.
I believe this will continue higher if achieved, as XRP will be surpassing its high on the year of right about $2.00 even.
Another thing to note, we also technically closed August 27th with a bullish engulfing candle as well, which will play in favor for a breakout.
If we break down instead, expect strong support around the $0.83-0.84 cent range.
ONCE AGAIN, unfortunately all of this will still depend on if BTC dumps.
The correlation still exists at the moment, but I bet we see a decoupling for most crypto within a few years.
The SEC lawsuit coming to a close will send this thing flying, so it is extremely risky to not be in, in my opinion!
- CA$HLESS
XRP by Rocket Bomb🚀💣Hello^ that's me, again!🤗
I have a friend, who put a lot of money in XRP.
And buying levels are far from the current price🤪
That's so difficult to give advice when the market is like Russian Roulette and there is a lot of money at stake!😱
But I tried to make a chart what I see at the moment!
If we manage to break through the 0.92 level, then the chances of seeing the price above 1$ would be so real!
Well, as always, a meme on this topic, so relevant for my friend!🤫
Guys who have an opinion about XRP, share in the comments, because the truth is born in a dispute!
Let's discuss 😉
Stay in touch🤗
Always sincerely with you 😊
Your Rocket Bomb🚀💣
#XRPUSD 200% Potential rally Trade Setup.Welcome to this quick update, everyone.
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I also post altcoin setups on Spot, Margin, and Futures.
XRP broke out of the falling wedge channel after a correction from a $1.966 high reached on April 14th, 2021 making a low of $0.50.
The breakout has open the door for an attempt to break the previous ATH which is $3.317 (Jn 04 2018).
I have some XRP for very long in my long-term portfolio.
I've been holding this coin for a long time.
Better if you accumulate this one on spot.
ENTRY: $0.88 to $1.11
Target :
$1.47
$1.61
$1.92
$2.24
$2.78
Stop Loss: $.73
What's your thought on this?
Do you think this correction is over?
Do you think XRP could easily pump from here?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
XRP LONG If XRP is able to hold above the 1.06/1.09 support, I expect a break towards 1.32 and then 1.35, if momentum holds at these levels, we could see a further move up towards the longer term 0.702 retracement level that sits around 1.53. Also at the 1.53 level is the 1.618 fib extension from the current pull-back (1.35 - 1.05)
A break below the 1.06/1.09 level, would likely find support at the psychological level of 1.00 and then the 20 day EMA of 0.98.
XRP 1D "How will I spend the autumn"At the beginning of the summer, we published an idea for a pair of XRPUSDT called: "How will I spend my summer"
How the idea worked, good or bad, of course, can to rate just you. You can even write your thoughts and impressions in the comments.
Considering that the summer will end in 2 weeks, it's time to update your thoughts on the XRPUSD trading pair.
XRPUSD price shot up in almost the last wagon of alts after the fall in May. As always, Ripple grows in value when its time comes, and it doesn't care how the price of BTCUSD behaves at that time. XRP rises in value because it has to)
Buyers of XRPUSDT met the first worthy resistance around $1.30, after which a downward correction began.
To continue the growth now, it is important for buyers to keep the price above the liquidity zone of $0.97-1.07, then the way will open for growth to the area of $1.50.
And here serious battles will already begin.
If sellers win, then you will need to sell your Ripple and place new buy orders in the region of $0.74-0.80
If in the area of $1.50 the buyers show that they still have strength for growth, and, accordingly, the price consolidates above this level, then it will be possible to continue to be the holder of XRP.
Under these conditions, the path will open for continued growth! But no, no, not up to $10 for XRP, as Ripple holders have dreaming since 2017, but it will be possible to aim for a price increase to ATH i n the $3.00-3.30 region.
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Ripple Analysis, The market is Bullish Hello everyone, as we all know the market action discounts everything :)
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The XRP price has jumped in the last few days more than 65.43% where we see the price moving from the 0.81479 range to the 1.34375, And the market is showing a lot of bullish signs which could be the push that the ripple needs to go back to where it was last year.
Looking at the chart we can see 2 different scenarios on how the market could move in the next few days :
Scenario 1 :
The XRP price is reaching the first resistance line at 1.37087 if the bulls were able to keep control over the price then a breakout will happen and we will see the price rising even more and it is gonna be headed to the second resistance line at 1.45986 but with a strong push from the Bulls, this could be the push that the Ripple needs to go even further and go back to the range 1.61046.
Scenario 2 :
The XRP is trading close to the first resistance line at 1.37087 where The Bears will be tested, If the bears were able to gain back control over the market action then we could be seeing a drop in price from 1.37 to the edges of the first support line at 1.13180, and that's where a battle will happen between the Bears and the Bulls over control of the market again.
Technical indicators showing this :
1) The XRP Market Price is trending above the 5 10 20 50 100 and 200 MA and EMA (Strong Bullish Sign)
2) The MACD is above the 0 line showing that the market is in a Bullish state, with a positive crossover between the MACD line and the Signal line.
3) The ADX is at 41.70 showing the market is currently trending, With a positive crossover between DI+ (46.52) and DI- (4.76)
Support & Resistance points :
support Resistance
1) 1.13180 1) 1.37087
2) 0.98172 2) 1.45986
3) 0.89273 3) 1.60994
Fundamental point of view :
XRP’s parent company, Ripple was tangled in lawsuit troubles ever since the SEC (the Securities and Exchange Commission) opened up a case against the global payments company. It accused Ripple of offering unregistered securities up to the amount of $1.3 billion, starting in 2013. The dispute, which began in December last year, has really ended up nowhere but has done much to damage XRP’s reputation. In spite of this, its market cap has risen to levels where Ripple can just pay up tokens to settle.
However, one reason why Ripple needs to follow through with the lawsuit has been because of its biggest competitor, SWIFT. The Society for Worldwide Interbank Financial Telecommunication does large-scale transactions across 11,000 financial institutions in more than 200 countries. In order to combat that, Ripple needs to make sure global banks, treasuries, etc., want to work with it. Resolving the case and attaining a compliant status with regulators is the only way. According to Coin Quora
This is my personal opinion done with technical analysis of the market price and research online from fundamental analysts for The Fundamental point of view, not financial advice.
If you have any questions please ask and have a great day !!
Thank you for reading.
XRPUSDT Flag PatternXRP/USDT(30m Chart) Technical analysis Update
XRP/USDT(30m Chart) Currently trading at $1.01
Buy level : Above $1.0
Stop loss: Below $0.95
TP1: $1.046
TP2: $1.092
TP3: $1.144
TP4: $1.216
Max Leverage 3x
Always keep Stop loss
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XRP Breaking Out, 96% Gain back to $1.96XRP Breaking Out, 96% Gain back to $1.96. The last time the Swing Call Script Signalled a Buy Signal, XRP gained 322% in 25 days from 20th Mach to 14th April. This was a very impulsive move and we can expect the same here after a retest of the 200SMA failed, XRP retraced 9% before gaining bullish momentum as the 13 EMA crossed up above the 50 SMA on the 1st August.
Current Buy Zone at the 200SMA support level just below the 23.60% Fibonacci level for a sniper entry back to previous April ATH price level @ $1.96. Use Buy Zone as a guide to map out your entry whether you are trading or accumulating for your portfolio. Happy Trading :)
Ripple- Approaching strong resistanceLike all the crypto market, also Ripple has had a strong and nice rally.
However, at this moment, XrpUsd is entering a strong resistance zone and a correction could follow.
0.77 and 0.71 are support and these are the points of interest for buyers.
Short term speculators also can trade on the short side with these as targets
Ripple is approaching sell zoneAfter the double bottom from around 0.5, XrpUsd has risen nicely, gaining almost 0.25 usd
Now the cryptocurrency is approaching 0.8 which should be a strong sell zone and technical resistance
Rallies to that zone should be sold for at least a correction to 0.7 now support
XRP USD AnalysisOk... so let's wait for price to break above $0,70/$0,77 then a nice retracement back to $0,50/$0,55 and buy there.
Then hodl! :)
I'll be back at around $1 (expect consolidation)
Fundamental: SEC case still on going however the timing of the market could also co-inside with the SEC case falling apart or settling. I wouldn't be suprised.
If SEC still on going by the time price breaks out then expect price to rather be a MASSIVE fake out and melt to $0,30.... even lower. :(
Will drop concise trade analysis (that includes any fundamental/policital analysis) if i get at least five comments. :)