Xrpusdshort
XRP/USD: Headwinds Strong and Dangerous Mid-Term Lows SwamXRP/USD is above early December values experienced in the wake of the spike downward which hit the broad cryptocurrency market slightly more than a week ago. Yet after recovering some of its value XPR/USD after that downturn, Ripple has not been able to muster a move higher that has challenged prices seen in late November or even through the 3rd of December. XPR/USD did manage to climb to a high of nearly 0.93850 yesterday, but headwinds became strong and the digital asset has reversed lower again.
As of this writing, XPR/USD is trading above the 0.83000 and has crucial mid-term lows again within sight. Yes, from the 4th through the 10th of December XRP/USD did trade below 0.80000 and touched a low of nearly 0.65500 during the flash crash on the 4th. Yet the bigger and perhaps more troubling aspect of the current territory XRP/USD is sustaining, is that the digital asset is also near prices it was trading on the 9th and 10th of August.
The rather durable track lower ETH/USD has generated since the 10th of November correlates with the broad cryptocurrency market and is beginning to have the feel of more than brief nervous selloff. XRP/USD has a strong habit of creating trends which are rather transparent and while reversals higher should certainly be expected by traders, the notion that XRP/USD may use the 0.80000 ratio as a critical inflection point should be given consideration.
Cautious traders may want to wait for slight moves up which show that resistance remains adequate. If the 0.85000 to 0.87000 levels remain pronounced and are able to push XRP/USD backwards, this may trigger additional selling which may feel headwinds are too strong. Ripple can be volatile and its move to a high within sight of the 0.94000 mark yesterday, and then subsequent drop to nearly 0.82000 early this morning was a large percentage move which highlights the need for the use of conservative amounts of leverage.
Bearish traders may believe XRP/USD has the capability to puncture the 0.81000 to 0.79000 ratios in the short term and make speculative wagers regarding these targets. If the broad cryptocurrency markets remains skittish in the near term and is not able to produce a strong move higher, XRP/USD may continue to experience downward momentum.
Ripple Short-Term Outlook
Current Resistance: 0.86700
Current Support: 0.80300
High Target: 0.93300
Low Target: 0.72400
Ripple- On its way to 0.5 zone?As all the crypto market, XrpUsd has dropped hard and broke under very important 0.86-0.87 support
The corrective rebound of this drop came to confirm this old support as new resistance and now Ripple is looking down again.
Sell rallies against 0.9 can be a good strategy and 0.5 zone support can be the target.
Yesterday's low also can provide some kind of support
XRP Sell a break setup.Ripple - Intraday - We look to Sell a break of 0.963 (stop at 0.984)
Daily signals are mildly bearish.
Prices expected to stall near trend line resistance.
Trend line resistance is located at 1.010.
A break of yesterdays low would confirm bearish momentum.
There is no clear indication that the downward move is coming to an end.
Our short term bias remains negative.
Our profit targets will be 0.901 and 0.881
Resistance: 1.020 / 1.050 / 1.080
Support: 1.000 / 0.980 / 0.950
XRPUSD (MY) EXPECTATIONS - NOT ASSUMPTIONS!!!Information of the (my) expected scenario is on the chart based on the highest probabilities. Fib walk all the way down from the Monthly to the 1H showing Fib clustering (areas of importance).
The market has female characteristics:
1) It does what it wants when it wants.
2) It is always right.
A trader's expectations should never turn into ASSUMPTIONS. We should be followers of the market and wait (#PaidToWait - FxAST Indicators). We don't have to be FIRST, we have to be RIGHT.
Risky trade-short xrpAll of last 3 ideas acted well.
For now the sale pressure is too high and we need a correction to retouch 1.2 ~ 1.15 zone before going to 1.6 area
Tp1. 1.2
Tp2.1.17
Tp3. 1.14
What i see in chart is we gonna make a double bottom (1.15 zone )in hourly chart for making the price to 1.6~2 zone sooner than you except.
Stop loss= 1.31
Looking to catch the bearish momentum on XRPUSDI am looking at taking this opportunity. I had the green and red boundaries set from the previous TR and I missed the move that happened at midnight PT. ***IF*** I will take the preferred. If no preferred then next. The bonus is off either entry.
This pair is very bearish, BTCUSD is very bearish as I am looking at the next 2 to 3 days. This is why I have no long positions on this chart. Not saying that isn't a possibility BUT the probabilities all are on the side of continued bearish momentum.
Ez short from 1.23Hi
As you saw our last deal went good.
I attached it.
Now xrp needs to retest the bypassed position which is 1.12 to 1.13
I would open a short position with low leverge from 1.20 to 1.24 for the target of 1.10 to 1.13
With the stop loss of 1.27
My prediction for xrp price in this month is 3 to 5 usdt per coin. But a short position is what i see in next 24 hours.
Forget dreamers and noobs
Be realistic , 💸👉📍
LongHi guys, it seems that Ripple has been able to return to its own channel. To grow, it must cross the downtrend and significant resistance in the range of $ 1.27 to $ 1.37.
#signal
#XRP
#XRPUSDT
Spot( Midterm)🌟
Enter : 1.19$
Target : 1.27$
Target : 1.37$
Target : 1.59$
Target : 1.86$
Stop loss :1.4$
XRP Sell the downtrend.Ripple - Intraday - We look to Sell at 1.109 (stop at 1.133)
Trading within a Bearish Channel formation.
Trend line resistance is located at 1.110.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Our profit targets will be 1.038 and 1.018
Resistance: 1.100 / 1.150 / 1.200
Support: 1.050 / 1.000 / 0.960