XRPUSDT/ RIPPLE SHORT IDEAM15 project
This pattern breakout short moving contiuned
0.90 price check again
1:3.5 Risk To Reward
Lets see that guys
Xrpusdshort
XRPUSD - Short Trade Idea -: 0.89200XRPUSD - Short Trade Idea / Sell / 15m Timeframe
Entry - 0.92200
Stop Loss - 0.93200 (10 / 100 pips - depends on what broker you use)
Take Profit - 0.89200 (30 / 300 pips - depends on what broker you use)
descending trading... the support was broken
the 94000 resistance wasnt broken.. and reject multiple times today
lets see what happens!
XRPUSD: Time for Support ClearanceBreak and re-test created key structure acting as support.
However, this level left a zone of equal lows that is likely to get tackled at some point in the near future.
I expect significant retracements if we can hold below this last high created.
I have annotated the chart with my predictions.
Let me know what you think in the comments.
Short on XRP 💥 Bearish Wedge, Broke DownSimilar to our BTC short, for XRP our AI thinks a bearish wedge broke down.
The price will continue to fall to the bottom of the wedge .
Or retest the outer wedge trendline and fall to the bottom.
Don't forget to trail your profit!
#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
XRPUSDT(Update) : Strong Bullish MoveAs we can see, after breaking its downward trend, the price is gathering strength to start a strong climb.
In order to buy, the SL (stop loss) and capital management must be observed.
All resistances and TPs (take profits) are marked on the chart.
(DYOR)
XRPUSD H1: Possible SHORTXRPUSD H1: Possible SHORT
breakdown of the support level 1.2250 = fall to the next level of 1.0925
[XRPUSD W3 Aug 2021]XRPUSD // Ripple // XRP
Short Setup
👉🏻 One of the top crypto gainers of the past week. Not surprise to plot this as a Wave-3 impulsive wave. Momentum is slowing down and we could anticipate a pullback for a Wave-4.
Ripple- Approaching strong resistanceLike all the crypto market, also Ripple has had a strong and nice rally.
However, at this moment, XrpUsd is entering a strong resistance zone and a correction could follow.
0.77 and 0.71 are support and these are the points of interest for buyers.
Short term speculators also can trade on the short side with these as targets
XRP Sell the breakdown.Ripple - Intraday - We look to Sell a break of 0.6894 (stop at 0.7082)
Trend line support is located at 0.6950.
Short term bias has turned negative.
Short term MACD has turned negative.
A break of 0.6900 is needed to confirm follow through negative momentum.
Our profit targets will be 0.6346 and 0.6246
Resistance: 0.7200 / 0.7400 / 0.7600
Support: 0.7000 / 0.6600 / 0.6300
looks like a Short to the 0.618appears that xrp may retrace down to $0.62 before continuing up. Broke out to the downside of the daily triangle that was being formed and the projection of that lines up with the 0.618 fib level.
Also 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. ;-)
Ripple is approaching sell zoneAfter the double bottom from around 0.5, XrpUsd has risen nicely, gaining almost 0.25 usd
Now the cryptocurrency is approaching 0.8 which should be a strong sell zone and technical resistance
Rallies to that zone should be sold for at least a correction to 0.7 now support
XRP Sell the breakdown.Ripple - Intraday - We look to Sell a break of 0.6961 (stop at 0.7151)
We are trading at overbought extremes.
Bearish divergence is expected to cap gains.
A higher correction is expected.
A break of bespoke support at 0.7000, and the move lower is already underway.
Our profit targets will be 0.6412 and 0.6312
Resistance: 0.7400 / 0.7600 / 0.7800
Support: 0.7000 / 0.6800 / 0.6500
ETH, XRP, BTC ---> USD based pairings.You can see that we are back to that previous 4H zone and the price is having a hard time breaching that level (200 MA) is right above. If there isn't sufficient to change the momentum, my previous bearish bias still stands. The green path is what is least expected, the red path is what is (overall) expected. The bottom Zone edge or Baseline of that zone are expected TP ranges. What we have seen is just corrections against the prevailing trend. Remember, impulse waves are narrow and thin (go somewhere, make progress) and corrective movements are wide and fat.
The Only XRP Technical Analysis You NeedLike what I predicted in my past few TA's, crypto and the stock market is trending towards the downside both in respect to other markets (bonds) and the FED's sentiment (inflation). BUT, as bearish I've been with my past TA's and things unfolding to the downside, I want to give a quick update and share what the next moves could be. Remember this is not a financial advice.
I'm still leaning towards BTC going down to 12-24k, but with how things are unfolding, I'm beginning to think there will be a set up for both bull and bear trap before going down to the indicated targets. I would not be surprised if we get a rally towards 40-50k before heading down to 24k. I would assume both exchanges and whales will attempt to liquidate both long and short positions. According to my BTC chart and my stock market charts, I'm expecting to see one more leg up for BTC before going to the downside. So be careful if you're thinking about having a short or long position. In the past, whales have been able to manipulate the market and increase the price by 20-30% in a matter of hours, and bring it down as quickly too. In the past Tether printed more USDT and bough bitcoin with it, few days later Tesla and Elon announced that they're buying bitcoin which prompted a rally towards the 60k btc. I've been tracking both whale wallets and different crypto exchange movements, and they have been printing more USDC and USDT, while also injecting more coins in these crypto exchanges. Be very careful.
xo
Ripple- preparing for a breakSince the end of June Ripple is putting in lower highs and it has a clear floor around 0.6 figure.
As I expect a new wave of selling in the crypto market, Ripple will not be spared for sure.
I will look to sell with a first target at 0.5 support but in the medium term, XrpUsd can drop to 0.4
XRP > Parallel Channel > Dump?Hello Friends,
Hope you all are having a thrill in your trading journey.
I am presenting you my analysis of XRP.
According to my technical analysis, XRP is going down as it is following a strict trendline. So, I am short on Ripple.
"My analysis is valid until we don't see a breakout from the parallel channel from upside"
I hope my analysis is pretty clear to you guys.
Kindly do your own research and follow proper risk management.
Feel free to share your views in the comment section. Like and Follow!
Best Regards,
Shaswat Naman
TradeThrill, India🇮🇳
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Bearish bias still in play for BTCUSD, ETHUSD, XRPUSDJust an update from what I shared last week on these long-term trades. Bias is still bearish. I will update if something changes my original analysis.
Ripple is pressing supportAfter the recent drop to 0.5, Ripple corrected to 0.75, but has started to fall again, making lower highs and the recent price action is resembling a descending triangle.
0.6 is the base of this triangle and a drop under looks imminent.
Short therm traders can target 0.5 support
Ripple- my target remains 0.4After a short visit to 0.5, Ripple has started to rise and is trading at 0.67 at the time of writing.
The rise is clearly corrective in nature and I still expect a drop to 0.4
0.8 is strong resistance at this point and rallies towards that zone should be sold
XRP could continue to FALL sharply!Hey tradomaniacs,
after a breakout of the trendchannel and a re-test of the support-zone we have seen volatile absoprtion of strong holders which are now likely to get stopped out of the market continues to fall!
The resistance is holding for now, and if bitcoin breaks below the range as I expect it is more than likely to see ALT-COINS blood aswell.
Technically, with the previous rejection of the ex-demand-zone worth to give it a try!
Let`s see :-)
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