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Xrpusdlong

XRP - Let's wait for now (As you asked)Well my last XRP idea is no longer valid thanks to our market manipulator on Twitter, Mr. Musk! Now I'm trying to figure out safe entry and target points for you guys but it's a little soon for that. I'm waiting for the recovery to get confirmed and then I'll do another chart giving you the info you need to open your long positions. Let's just wait until the price closes a 4H candle above the resistance area (as shown on chart). ⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high. Good Luck 🎲 Tell me your ideas. Like and Share 🗣✅
by ShawnMCR
8
Ripple price firmly holds crucial support as $2 beckons Ripple once again lost steam during an approach to $1.6. A correction began on Wednesday as bears put pressure on the support areas at $1.5 and $1.4, respectively. The news that Tesla had suspended Bitcoin payments for its electric vehicles sent the market in bloodshed led by BTC’s drop under $50,000. Ripple could resume uptrend toward $2 The retreat from highs close to $1.6 embraced an anchor at $1.33, reinforced by the 50-day Simple Moving Average (SMA). This anchor brought back some semblance of stability in the market and prevented Ripple from exploring levels toward $1. At the time of writing, XRP trades at $1.35 after bouncing off the critical support. On the upside, a delay is expected at $1.4, but once the hurdle is broken, Ripple bulls may start lifting to higher levels. The Relative Strength Index (RSI) reveals that the bullish grip is becoming stronger. This move comes after the trend strength indicator bounced off support at 45 and is currently moving to the midline. A continued movement toward the overbought region would affirm to the investors that the slightest resistance path is upward. It is worth mentioning that Ripple is not out of the woods yet based on the Moving Average Convergence Divergence (MACD). For instance, the MACD line’s divergence under the signal line keeps widening, insinuating that the bearish outlook is apparent. Therefore, it calls for caution and waiting for a validated break before going all-in on XRP. Ripple intraday levels Spot rate: $1.35 Trend: Bullish Volatility: Low Support: $1.33, $1.2 and $1 Resistance: $1.4, $1.6 and $1.8
BITFINEX:XRPUSDLong
by CoinGape
XRP selling slows down while buyers make a comebackRipple appears to have renewed the uptrend following the flash drop from $1.6 to $1.2. Overhead pressure seems to be diminishing as bulls take control. Several hurdles have already been overcome, whereby XRP currently trades at $1.52. Ripple’s slightest resistance path is upward The cross-border money transfer token is immediately supported by the 100 Simple Moving Average (SMA). Other key support levels include the 200 SMA, $1.4, and $1.2. As long as support areas remain intact, bulls will have ample time to focus on building the bullish momentum toward $2. Meanwhile, Ripple’s immediate upside is limited by the 50 SMA. A confirmed break above this level is needed to reinforce the upswing eyeing levels above $1.6. Various technical levels have aligned for an upswing to $2. For instance, the Relative Strength Index (RSI) shines a light on an improving bullish grip. Following the dip to the oversold region, the RSI recovered above the midline and imminently headed to the overbought area. XRP has enough room for growth because it is nowhere near overbought conditions. The Moving Average Convergence Divergence (MACD) hints at the ongoing uptrend pulling to higher levels. This bullish impulse has come into the picture as the indicator begins recovering from the negative region. Investors are likely to increase their positions in Ripple if the MACD line (blue) crosses and sustains a divergence past the signal line. Moreover, it is a massive bullish signal when the MACD strikes above the mean line (0.00). Ripple intraday levels Spot rate: $1.52 Trend: Bullish Volatility: Growing Support: 100 SMA, $1.4 and $1.2 Resistance: 50 SMA, $1.6
BITFINEX:XRPUSDLong
by CoinGape
1
XRP ready for a run?!XRP has held perfectly on this ascending channel on the 4HR TF with no closes below this bottom support, we have lots of room to move up to the 0.2 FIB level. Our Zero Lag MACD recently printed a buy and as of right now our Blue MA is crossing overtop of the orange MA which is bullish if its confirmed, The Red MACD Lead is coming upwards fast and showing no signs of slowing down, also the histogram is looking like we are going to see a green bar be printed. The RSI is slopping down underneath our 50. point line but keep in mind we are looking at the 4HR TF, if you check out the daily we perfectly bounced off and above the 50. point line looking like we are going to see a confirmed uptrend soon. Always keep in mind that BTC leads the market and can very easily drag everything down if we see another dip. Not financial advice just my opinion!
BITSTAMP:XRPUSDLong
by JacobR905
XRPUSD, daily tf, critical support level at 1.5000 Hello guys, it has been long since the last time we trade cryptos. Prrviously we trade XRP and ETH, for today i am going to buy XRP again. You could see price right now above 1.5 mark which is a strong support. This 1.5 is a weekly and psycological support level. Notice also EMA-21 right now at around this level. Buy XRP 1.5300 Stop loss 1.3000 Take profit 2.4500 Use proper risk management for this trade as cryptos are very volatile. Do not overtrade or overleverage.
BITFINEX:XRPUSDLong
by HayatoDragonFX