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Xrpusdlong

XRP Forming Diamond Bottom On 1H ChartI was just toying around with channels on the XRP chart & realized we're forming a near perfect diamond! If a bullish breakout is confirmed, $1.64 becomes our short/immediate test point. If XRP is going exponential, expect a break of this range with a high chance of retracing from $2 to $1.72. Another way of viewing this, is from the Wyckoff Method. We are currently testing the "LPS" (Last Point of Support). Thus, the Diamond Pattern forming at the LPS strongly suggests we are now in Phase D of the accumulation event. Zooming out, to the weekly chart, you will notice, that XRP is not only in Phase D of an accumulation pattern on the 1H chart, but also the 4 month chart AND the 4 year chart. Thus, XRP is primed for a 'Super Cycle' price rally over the next 3-4 months, which could lead to prices between $15-$94 dollars, based upon normalized historical price trends for XRP. Diamond Bottom Pattern in-depth breakdown; www.centralcharts.com Wyckoff Method (w/ labelled 'accumulation' chart); school.stockcharts.com
POLONIEX:XRPUSDLong
by Jayed
1
Ripple Price Analysis: Can XRP Rally To $2 After $1.1 Holds? Ripple price loses over 7% of the accrued gains in 24 hours, revisiting support at $1.1. XRP must surmount the resistance at $1.4 and $1.6 to pave the way for an upswing to $2. The MACD could flip bearish anytime as the 12-day EMA crosses below the 26-day EMA. Ripple closed last week at $1.35, a move that had spurred investor interest and speculation for gains to $2. Nevertheless, a correction occurred with XRP losing some ground toward $1. Support at $1.1 plays a crucial role in ensuring that losses were mitigated, but data by CoinGecko shows that Ripple is trading 7.4% lower in 24 hours. Ripple Price Recoils After Support At $1.1 The cross-border money transfer token currently teeters at $1.2 as bulls focus on lifting above $1.4 in the near term. According to the Relative Strength Index (RSI), bulls could have salvaged the situation, preventing continued correction. Currently, the RSI, which follows the trend of an asset and measures its strength, is holding at 70. As it resumes movement into the overbought region, XRP is expected to lift higher. Intriguingly, the 50 Simple Moving Average (SMA) may cross above the 200 SMA in the coming sessions, as per the 12 hours chart. Although this indicator is not a golden cross, it often ascertains a move north. Therefore, it could trigger another firm bullish grip as buyers take on $1.4 and $1.6 barriers. It is worth mentioning that traders should be aware Ripple’s anticipated upswing may fail to occur, especially if the Moving Average Convergence Divergence (MACD) indicator flips bearish in the coming sessions. According to the exact timeframe, a sell signal is in the offing. The odds for an extended correction would increase as soon as the 12-day exponential moving average (EMA) crosses below the 26-day EMA. The MACD tracks Ripple’s trend and calculates its momentum. A move toward the mean line reinforced the bearish outlook. Hence, it is one of the most crucial trend indicators, especially when identifying entry and exit positions. Ripple Intraday Levels Spot rate: $1.21 Trend: Bullish Volatility: Expanding Resistance: $1.4 and $1.6 Support: $1.1 and $1
BITFINEX:XRPUSDLong
by CoinGape
2
XRP Buy a Break Setup.Ripple - Intraday - We look to Buy a break of 1.351 (stop at 1.308) Daily signals are bullish. The continuation higher in prices through resistance has been impressive with strong momentum and shows no signs of slowing. Price continues to trade within the triangle formation. A break of bespoke resistance at 1.350, and the move higher is already underway. Our profit targets will be 1.469 and 1.499 Resistance: 1.300 / 1.350 / 1.400 Support: 1.250 / 1.200 / 1.150
BITFINEX:XRPUSDLong
by Signal_Centre1
2
XRP too 1.45Since the 11th of Aug. we've been on the massive Uptrend & haven't slowed down yet. We have had some Wedge patterns develop which we have continued moving up, we have just now broke through the top of another wedge as well. If you take a look at the RSI there has been a Triple Bottom created over the past 7 days which also indicates we may continue too see this Uptrend send us too $1.45 moving through the week. If we do break this trend we may fall to $1.10 which would be a solid entry point to average down.
by Kyle_Kinnaird
Ripple Analysis, The market is Bullish Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ 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.
BITSTAMP:XRPUSDLong
by GabiDahduh
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