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Xrpusdlong

#XRPUSD 200% Potential rally Trade Setup.Welcome to this quick update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures. XRP broke out of the falling wedge channel after a correction from a $1.966 high reached on April 14th, 2021 making a low of $0.50. The breakout has open the door for an attempt to break the previous ATH which is $3.317 (Jn 04 2018). I have some XRP for very long in my long-term portfolio. I've been holding this coin for a long time. Better if you accumulate this one on spot. ENTRY: $0.88 to $1.11 Target : $1.47 $1.61 $1.92 $2.24 $2.78 Stop Loss: $.73 What's your thought on this? Do you think this correction is over? Do you think XRP could easily pump from here? Do hit the like button if you like this update and share your views in the comment section. Thank you #PEACE

BITSTAMP:XRPUSDLong
by Cryptorphic
15
XRP Diamond Bottom On 1H ChartWe just formed a perfect diamond, with bullish confirmation! Looking for a run on $1.64 before any chance of another strong draw back. If XRP is going exponential, expect a break of this range with a high chance of retracing from $2 to around $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. TLDR; STRAP ON YOUR PARACHUTES! WE'RE HEADED TO LOW EARTH ORBIT! Helpful References for TA Newcomers; Diamond Bottom Pattern in-depth breakdown www.centralcharts.com Wyckoff Method (w/ labelled 'accumulation' chart) school.stockcharts.com *Chart is a repost; cleaned up version of original.
POLONIEX:XRPUSDLong
by Jayed
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