Xrpusdlong
XRP to 1.600$ !!!we can see the price ranging between the resistance zone and the support zone
also we can see the divergent between the price and the RSI shown in the chart that indicate a shift in momentum to the up side
we can wait for the price to break through the resistance zone then we can look for entering the market
XRP lags price action ahead of a 34% launch to $1.44Ripple scaled several resistance levels after the drop to $0.8 last week. The upswing coincided with another win bagged by Ripple Lab attorneys against the Securities and Exchange Commission (SEC) in the ongoing lawsuit.
The US SEC was seeking access to Ripple's communication records when it inquired about the sale of XRP tokens. Judge Sarah ruled to uphold Ripple's client-attorney privilege, dealing the SEC another blow.
Following the win, Ripple's price lifted above $1 and brushed shoulders with $1.1. However, the uptrend slowed down, forcing bulls to seek refuge at $1. Meanwhile, XRP has balanced price action at this level, while buyers look forward to a potentially massive breakout.
Ripple eyes extensive upswing on breaking key technical resistance
The international money transfer token is dancing within the confines of an ascending triangle. This popular and highly bullish technical pattern often forms within an uptrend. However, the pattern has a bullish impulse even when it appears amidst a downtrend.'
As the two trend lines converge, the consolidation nears an end. On the other hand, the ascending lows insinuate that bulls are getting stronger. A break occurs before the lines meet and is characterized by an uptick in trading volume. Triangles have clear breakout measured from the highest to the lowest points. For example, Ripple could swing 34%b higher to trade around $1.44 if the pattern on the chart matures as expected.
The sluggish price action is punctuated by the Relative Strength Index (RSI) and will likely last longer. Similarly, the Moving Average Convergence Divergence (MACD) indicator does not have a defined signal; thus, bullish and bearish forces seem to cancel out, explaining the consolidation at $1.
Ripple intraday levels
Spot rate: $1
Trend: Sideways
Volatility: Low
Support: $0.9 and $0.8
Resistance: $1.1 and $1.2
JUNE - what happens next?We have the SEC hearing and hopefully settlement this month (if they dont postpone it again)
What will XRP do? PUMP OR DUMP? MAY was overall a pretty lowsy month for holders. Im expecting JUNE to start off slow and finish strong. Don't get shaken out....
We have FLARE, POLYSIGN & CODIUS going live this month. Has to help the price.
Let me know your thoughts.
XRP Projection EntriesTA -
Broke current trend channel down after hitting a major Resistance Zone around 1.05.
1H retest of 0.986 - 0.995 HL Zone and MacD going green for a bit soon to come back up and retest support and VWAP before a dump. Bullish If it closes above last swing high.
4H MacD slowing momentum. Might see red soon. A 4h MacD dump is usually steep. Possible dump to daily trend ZONE 0.87 - 0.92 if it falls violently.
-I would only enter after a retest of a sup or resistance zone if you are unsure.-
Easy money while market is dumpingokay to avoid any inconvenience, I wont sell any xrp from my spot.
we should take a look at the market situation right now n try to get an advantage from it.
yup we r bullish on alts n xrp on long term n we advised to hold n even myself still holding.
but on short term a huge dump wave is coming, don't panic forget about your spot for some time, n accept the market situation n see effectively what to do in order to recover from the last recent loss.
we will hold our spot, but u must take an advantage from this volatile market to, we should be playing with whales on the current time to avoid being victim.
so within the coming days we will post more than one strategy n more than one plane we gonna share it here to help us all make decent profits even if the market is going down.
n just expect that we gonna short some specific coins in these coming days.
Right now for XRP:-
As we can see that xrp is making a lower highs n higher lows since we touched $2 maybe we r falling from cliff so amazing opportunity to short.
We r bullish on the very short term, we still have potential to reach from $1.25 - $1.35.
I will short from $1.25 - $1.28 - $1.35.
we can expect a hard correction may reach to 40/50 cents area. (this where I will add more bags on my spot)
Expected time to that bearish wave about 7 to 14 days.
DONT LEVERAGE, SETUP UR SL n WAIT PATIENTLY.
tip: this is extra for u all I just would like to share, if u r thinking that it makes no sense to hold on spot hoping it go higher n shorting in future, so I will tell u that trading needs flexibility, effective strategies n clear honesty with yourself, yup we stuck we gonna lose (if we sell our spot), however u should wake up from that loss n think how to take advantage of the market.
whales r making price down?? or even the market is correcting ??
good, LETS SHORT IT !!!
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XRP looks like it will run on top the next really! Look at XRP today. We are currently crossing our MA resistance and pumping our way higher to the next fibo resistance.
So xrp has in the lást months a lot of problems with sec. It looks like we will see some news in the near future regarding the lawsuit.
A good conclusion would instantly push the price to new highs. So keep in mind. we are up already 10%. Maybe cost average would be a good way to get the risk away.
As always have a nice day and leave a follow for daily news
XRP good new comingHere is the analysis of XRP.
XRP break the support level of $1 and rejected from there also. Ripple is looking strong in the SEC case and we see a settlement in the upcoming weeks. Ripple's CEO also said that they are planning to launch an IPO after the SEC case settlement. If you are looking to open a new position in XRP then place your orders around $0.8 and $0.7. We will see a good pump in XRP after the SEC case settlement. Use stop loss of $0.6 or below.
[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.
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!
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