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Xrpusdlong

XRP Price Explodes To $1 As Altcoins Surge XRP price extends the bullish leg, stepping above $1 for the first time since May. Ripple’s ongoing breakout seems unstoppable, especially if bulls hold firmly to $1. Ripple has been one of the best-performing cryptocurrencies in almost three weeks. The international money transfer token currently trades 96% higher than the low in May and July. Support at $0.5 played a critical role in ensuring that losses did not explore levels toward $0.4 and $0.3, a move that may have paralyzed the bulls entirely. Subsequently, the persistent push from the bulls guaranteed that investor interest was sustained. Hence the massive buying pressure behind Ripple. Several barriers have been shattered so far, including the 200 Simple Moving Average (SMA), $0.8, and the three-month descending trend line. The latest boost being a break above the barrier at $1. At the time of writing, Ripple is teetering at $1.03 while bulls gaze at the short-term hurdle at $1.1. Trading above this level will elevate XRP to $1.2, thus paving the way for another run-up to $1.4. XRP Price Still In The Bulls’ Hands The short-term technical picture on the daily chart is highly bullish. Note that the Moving Average Convergence Divergence (MACD) extended the bullish outlook above the mean line. Moreover, a buy signal presented in July reinforces the bullish grip on the price. As long as the MACD keeps rising, we expect Ripple’s up-trending market to remain intact. Similarly, the SuperTrend indicator recently sent a signal for traders to consider buying XRP. This technical index follows the trend of an asset like a moving average but incorporates the average true range (ATR) in its calculations, thus gauging market volatility. The buy or sell signals presented by the SuperTrend are supposed to help traders identify the long-term trend of an asset and mark entry and exit positions. With the buy signal in place, Ripple has the potential to keep rising in the near term. Hence, support above $1 and perhaps a break past $1.1 will bolster the token significantly toward $1.6. Ripple Intraday Levels Spot rate: $1.03 Trend: Bullish Volatility: Low Resistance: $1.1 and $1.2 Support: $1 and $0.8
BITFINEX:XRPUSDLong
by CoinGape
2
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 :)
BITFINEX:XRPUSDLong
by CryptocurrencyMagnet
1
XRP - this is how 2021 plays outWe are seeing higher highs and higher lows. We have found our level of resistance in this cycles bull trend which will outline and determine what is up next for XRP. We will see some more sideways action for AUGUST and then an explosive move SEPT/OCT. Taking profits around $5-6 in OCTOBER 2021. Potential of 600% gains in the next few months. hmmmm gains.... Good luck everyone that is still here and hasn't been shaken out. Remember to hit TAKE WIN come OCTOBER
POLONIEX:XRPUSDLong
by AdonisB
15
Xrp is Ready to Go!Hello IWealth Here, I have been Trading and Teaching for 7 years. and im happy to share my idea that could help you in the crypto space. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------ XRP we believe may have bottom out around 0.50 on its previous drop touching a very strong trend line that been holding it as support. The next target to the upside will be around 0.90-$1.00. We can see that a breakout can happen but time is the only thing that we need to remain patient.
Long
by IWealthCommunity
XRP Crumbles From July Highs, Risks Exploring Levels Under $0.7 XRP price failed to extend the bullish leg to $0.8 following the gains on the weekend. Ripple hunts for support at the 50 SMA to avert losses under $0.7. The MACD and the RSI reinforce the bearish outlook, leaving XRP vulnerable to losses. Ripple price has continued with an upward roll started after July’s worst selloff that saw it plummet to $0.52. The international money transfer token seems to have restored investor interest, especially with the launch of the On-Demand Liquidity (ODL) remittance corridor between Japan and the Philippines. The payments corridor tapping into Ripple’s flagship blockchain service is significant because of the nearly $2 billion a year remittance market between the two companies. Following this news, XRP made hastes stepping above $0.7. The bullish leg stretched toward $0.8 over the weekend but stalled around $0.78 on some exchanges like Bitfinex. XRP Price Engages Reverse Gears At Full Throttle Ripple is trading at $0.72 in the wake of rejection from $0.78. Since the recovery began last month, the price action shaped in an ascending parallel pattern. The channel’s upper edge contributed to the overhead pressure, cutting short XRP’s bid for $0.8 and $1. Besides, a break under the middle boundary appears to have put bears completely in control. Hence, Ripple needs to hold the support at the 50 Simple Moving Average (SMA) and the channel’s lower boundary. This will ensure that losses do not stretch to $0.7 and explore levels further down. It is worth mentioning that the short-term technical picture is mainly bearish, starting with the Moving Average Convergence Divergence (MACD). A sell signal from this trend-following tool appeared when the 12-day EMA crossed below the 26-day EMA. Note that the odds for a bearish outlook soar as the MACD moves closer to the mean line. The Relative Strength Index (RSI) adds credibility to the bearish narrative, especially with the ongoing retreat from the oversold region. Sellers will get more aggressive if the RSI confirms movement below the midline and closes the gap to the oversold area. Ripple Price Intraday Levels Spot rate: $0.722 Trend: Bearish Volatility: Expanding Support: The 50 SMA and $0.7 Resistance: $0.75 and $0.78
BITFINEX:XRPUSDLong
by CoinGape
5
XRP looks Ready!?Hello IWealth Here, I have been Trading and Teaching for 7 years. and im happy to share my idea that could help you in the crypto space. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------ XRP looks ready to prime for a move to the upside however short term we could see a pullback to 0.62-0.66 before making another leg up. I think we can see 0.90-$1.00 if we can have a daily candle above 0.75$
Long
by IWealthCommunity