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Xrpusdlong

[XRPUSD W1 Jun 2021]XRPUSD Long Setup Continuation trade: 👉🏻 After last week's bloodbath on all cryptos, Ripple has completed its possible ABC correction and tagged 0.65100 as a 78.6% retracement of the bigger structure. This ABC move consists of a 3-5-3 move from the highs of 0.89246 to the lows of 0.65100. Lower timeframes showing a retrace to the 61.8%, ready for a move upwards. This move will be the impulsive Wave-3 if it plays out well, short term, a long position could be placed targeting 1.55000 at the top of the channel with an SL of 0.60500, a 1-3 risk to reward ratio.
BITFINEX:XRPUSDLong
by SuperMonkey0
XRP D - Stay strong guys - this will take some timeHi everyone, This will take some time to play out - hence I don't post that much, there's little to say, It's gonna be choppy with pull backs and stuff but still believe the reversal is valid. Hold strong, I've been waiting and accumulating 2,6 years by now (I'm in 1 % XRP rich list) - so not in a hurry. This is actually a very low risk accumulation period (not financial advice) but putting in money that you can afford to lose in this case is a very low risk high profit trade. Don't' jump in when AHT is reached, if it does, it's gonna be very very quick. Take care!
KRAKEN:XRPUSDLong
by itsnoelv
XRP slides beneath $1, but bulls lock eyes on $1.2Ripple remarkably cleared the path to $1 after the nerve-shattering breakdown to $0.65. Moreover, the price lifted to $1.07 before losing momentum. On Wednesday, the primary battle was to keep XRP afloat at $1, although bulls lost the bid. A correction came into the picture, forcing Ripple to explore the area under $1 again. The previous support at $0.9 played an essential role in preventing declines from extending further. Meanwhile, XRP trades at $0.95 amid, as bulls plan another takeover. Ripple eyes another liftoff past $1 XRP bulls might have lost the fight above $1 but remain relentless in the mission to hit higher levels at $1.2 and $1.4. The technical picture currently sends mixed messages, especially with the Moving Average Convergence Divergence (MACD) stuck under in the negative region. This technical indicator identifies positions to buy the dip and sell the top. For instance, a buy signal occurred following the bounce from last week’s support at $0.65. The call manifests by the MACD line (blue) crossing above the signal line. Note that the trend would have tuned massively bullish if the indicator cracked into the positive region. With the MACD line likelihood of sliding under the signal line, the bearish grip will become stronger. A break above $1, a resistance highlighted by the 50 Simple Moving Average (SMA), would call more buyers into the market. A surge in the tailwind force is bound to bolster Ripple past the critical $1.2 level and perhaps resume the uptrend heading to $1.4. Ripple intraday levels Spot rate: $0.95 Trend: Bearish biased Volatility: Low Support: $0.9, $0.8 and $0.65 Resistance: $the 50 SMA, $1.2 and $1.4
BITFINEX:XRPUSDLong
by CoinGape
1
XRP/USD - DON'T FALL FOR PREMIUIM (SHORT-TERM)Technical Overview: - XRP We are at the top, do not buy now if you bias is bullish, we need to see market give us the opportunity Use our analysis as a sentiment Analysis is only 1 piece of the puzzle 🧩 Our analysis is a sentiment for the upcoming week, month. Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining. Trade this sentiment based off your own entry strategy at the right time. Flow with the Devil 😈 Trade with the manipulation👾 STAY UPDATED BELOW!
CRYPTOCAP:XRP
by FlyDownX
22
XRP - Same StoryHi everyone, Don't care what the media or social media says. Charts tell everything. Price in XRP & the other cryptos are oversold, now we might see a Death Cross happen with a pull back to the support zone. That would create a W reversal or we might consolidate more. Thing is that we saw way bigger pull backs in the past with either a quick recovery or a slower one - RSI still needs to break the trend line & MACD still needs to show a bullish cross. Again to be seen but it looks way more bullish than bearish. From it's previous lows XRP went up 1000% and now we have a correction of around 60%? Numbers say it all. Calculate your risk but this a golden opportunity. Kind regards, Noel
KRAKEN:XRPUSDLong
by itsnoelv
XRP price tiptoes above $1Ripple intends to deal with high gas fees in the non-fungible token (NFT) marketplaces. Despite the NFT flooding the cryptocurrency space headlines, especially in the first quarter of 2021, high gas fees have almost crippled the sector. The drastic rise in the NFT culture is a story to reckon with; however, users are forces to accept dwindling interest due to the challenging process of transferring ownership. On the brighter side, Ripple has made public the plan to combat the challenge by integrating the NFT marketplaces on the XRP Ledger. The development will favor both buyers and sellers in the relatively new sector. Moreover, the integration is a welcome for all, keeping in mind that the novel consensus XRPL uses to validate transactions utilizes minimal amounts of energy. According to a statement from the blockchain company: “Building on the XRP Ledger provides developers a unique opportunity to run more sustainable NFT apps and marketplaces while eliminating a heavy burden for the planet.” Ripple price rises above $1 Ripple had on Tuesday corrected from levels marginally above $1 after bulls ran out of steam to continue with the uptrend trailing from the primary support at $0.65. Higher buyer congestion at $0.9 ensured that focus remained on recovery; hence, the liftoff above $1. The Moving Average Convergence Divergence (MACD) indicator validates the prevailing uptrend as it closes the gap to the zero line (0.00). Besides, the MACD keeps widening the divergence above the signal line, affirming the bullish grip. Similarly, the Relative Strength Index (RSI) has a bullish outlook based on its movement from the oversold area toward the overbought region. On the upside, XRP must deal with the resistance at the 50 Simple Moving Average (SMA), which will allow bulls to gaze at higher levels around $1.4. Ripple intraday levels Spot rate: $1 Trend: Bullish Volatility: Low Support: $0.9 and $0.8 Resistance: the 50 SMA, $1.2 and $1.4
BITFINEX:XRPUSDLong
by CoinGape
1
XRP 4H - Potential Vshape Pattern?Hi everyone, Back in the day XRP corrected by 65% and then made a V-shape reversal recovering and making newer highs. For the ones longer in this business we saw this already many more times. Could we see something similar happening? When taking the fractal we see a nice match, it's is probably that XRP could make a new V-shape or any of the reversal patterns. Price did touch the weekly support and these were resistances for many years - we are holding these key areas and we expected this to happen in previous analyses. It's wait and see how the pattern evolves. Kind regards, Noel
KRAKEN:XRPUSD
by itsnoelv