Xrpusdlong
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
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.
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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 term update with new fibsAlso zoom out on the daily and weekly time frames and have a look at the fib patterns from 2017 compared to now and how it lines up with previous ideas I've published and the overall uptrend channel on the chart
I customized the fib (far right and far left) to simplify the story that the smaller fibs are showing.
Not financial advise just my insights. ;-)
long term update with new FibsZoom out on the daily and weekly time frames and have a look at the fib patterns from 2017 compared to now and how it lines up with previous ideas I've published and the overall uptrend channel on the chart
I customized the fib (far right and far left) to simplify the story that the smaller fibs are showing.
Not financial advise just my insights. ;-)
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
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.
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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-$1.00 if we can have a daily candle above 0.75$
XRP.D in daily and weekly time frame CRYPTOCAP:XRP.D THE dominance break out a Triangle after 105 days.
first of all dominance should break the 2.28 level which shown in fib retracement in 0.236 after that we can buy more XRP ,until level 2.28 is broken ,the dominance can test weekly support.
I believe in the coming weeks the dominance can cross the specified levels which can increase the price of XRP.
XRPUSD Trade ideaA little late publishing this call from my own personal strategy but wanted to share the reasoning and thought behind it. We can see from the bottom AOI (4H) that price has steadily moved upward following key Fib levels as associated price action moves. What I found interesting is the level at the top that is also a Key AOI (4H) that is lined up with Phi (1.618).
For me, this is almost a 4:1 RR.
XRP buy the uptrend.Ripple - Intraday - We look to Buy at 0.6116 (stop at 0.5944)
Trend line support is located at 0.6100.
Dips continue to attract buyers.
We look to buy dips.
We look for a temporary move lower.
The medium term bias is neutral.
Our profit targets will be 0.6588 and 0.6638
Resistance: 0.6500 / 0.6700 / 0.6800
Support: 0.6400 / 0.6300 / 0.6100
Ripple Price Skyrockets To $0.75 But Uptrend In Jeopardy
Ripple price ascended to $0.75 on Wednesday as an On-Demand Liquidity corridor debuted between Japan and the Philippines.
A correction is underway, with the price sliding back $0.7.
Ripple remarkably broke out mid-week, flying the bullish flag high above the crypto horizon. The news reverberated across the market that the blockchain company would launch a new On-Demand Liquidity (ODL) corridor between Japan and the Philippines. The primary goal is to tap into the nearly $2 billion per year remittance market between these two countries.
The news was a breath of fresh air for XRP as more investors streamed into the market, perhaps to take advantage of a potential rally. As buying pressure behind Ripple surged, the token shot above $0.7 and stretched the bullish leg, brushing shoulders with $0.75.
Ripple Price Corrects As Investors Take Profits
The recent drop to $0.52 could have harmed most investors. However, there was hope that they will resurface from underwater and gasp for air. Intriguingly, technical levels joined hands with the fundamentals, boosting XRP to $0.75.
However, the resistance at the week’s high cut short the uptrend, killing the hope for the international money transfer token trading above $0.8. At the time of writing, Ripple has retreated to $0.7 amid an uptick in overhead pressure. The correction is mainly accentuated by the desire for investors to take profits before rejoining the market.
The Relative Strength Index (RSI) indicator has also retreated from the overbought area and sharply falls to the midline. This technical tool tracks the trend of an asset and measures its strength. A sharp drop toward the midline and the oversold is indicative of a firmer bearish grip.
More sell orders will also be triggered if Ripple makes a four-hour close under $0.7 and the ascending parallel trend line’s middle boundary. Support is expected at $0.65 and $0.62, respectively. If push comes to shove, the token might explore areas under $0.6 again.
Ripple price intraday levels
Spot rate: $0.69
Trend: Bearish
Volatility: Growing
Support: $0.65 and $0.62
Resistance: $0.75 and $0.8
XRP - cup and handle pattern almost complete !XRP could soon complete a giant 3 years + CUP & HANDLE formation.
At the moment we have touched base at 57 cents (going slightly below) which corresponded at the 3 years bear market resistance (now support).
The low side of the handle has been reached and we are rising to complete the upper side of the handle.
Once the 1 $ level is cleared we could see an explosive rise and it is not out of question that we will rise without even stopping at former resistance (2 $).
The implied target of the H&S pattern is around 20 $.
Interesting times lie ahead.
XRP Jumps to the MOONHello 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.
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XRP finally breaks out of the downward channel and now is above support. Next level for resistance will be 0.75 and I can see a small pullback follow by a large move to $1.00+
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. :)
Using the Fib Wedge tool XRPUSD The wedge tool can be demonstrated here
XRP can be seen in 2014 (the early days) pumping periodically throughout fib ranges
When finished it led to a massive breakout.
Now the current rising broadening wedge can be seen to be pumping in the same periodic matter
Is this a sign of a large bull move coming? maybe.
The only difference is this time the wedge is expanding as price is rising.
While before the price was falling as the wedge was tightening.
This is makes the situations kind of equal in a way.
In green circles (flag emoji) very similar price action can be seen.
Below is a clearer version of the current ascending wedge on XRP
Ripple Rolls Down The Runway Preparing Ultimate Takeoff To $1
XRP price recoiled from support $0.52, clearing the path toward $0.6.
A break above the month-long descending trendline rejuvenates the bulls' effort for gains heading to $1.
Ripple has gained some ground since the selloff earlier this week. The cross-border money transfer token lost a considerable amount of its value, whereby the bearish leg extended from $0.6 to $0.52. A more than 10% decline in the cryptocurrency market is not surprising, but the same in another industry would leave an imperfect and an unwanted storm.
Meanwhile, XRP seems to have gained all the ground this week, suggesting that the international money transfer will end the week in the green. At the time of writing, Ripple teeters at $0.59 and looking forward to trading above $0.6 in the near term.
XRP Price Gain Recovery Momentum
Several buy signals keep Ripple bulls on toes as investors speculate on the price hitting higher levels in the coming sessions. Firstly, settling above $0.6 would be an excellent boost to ascertain the market's stability.
Secondly, Ripple is trading marginally above a month-long descending trend line, suggesting that one of the most significant barriers are out of the way. Note that the 50 Simple Moving Average (SMA) caps the immediate upside and must come down for bulls to extend their leg toward $0.7.
The Moving Average Convergence Divergence (MACD) indicator is vividly bullish as the 12-day EMA crossed above the 26-day EMA. As the MACD nears the mean line, the odds for Ripple sustaining the uptrend increase incredibly.
Similarly, the Relative Strength Index (RSI) affirms that bulls have the upper hand. This technical tool follows the trend of an asset and calculates its strength. A sharp move from the oversold region to the midline shows that the bulls' grip is more substantial. If the RSI continues with the same momentum to the overbought territory, Ripple will take down the numerous stubborn hurdles, heading toward $1.
Ripple Intraday Levels
Spot rate: $0.59
Trend: Bullish
Volatility: Low
Resistance: The 50 SMA and $0.7
Support: $0.56 and $0.52
XRP Breakout Time!Hello IWealth Here, I have been Trading and Teaching for 7 years. and im happy to share my idea that could help you in the crypto space.
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XRP appear to have double bottom around the low .50$ range and had a nice relief bounce soon after. It appear to also be breaking out of the triangle and now is retesting the breakout area. If we can hold these gains then next target is 0.70 then $1.00