Xrpusdshort
XRP LOST THE MAIN SUPPORT and here is what will happen next !in may-31 i predicted the xrp H H will be 1.10 atm ( i added my idea to related ideas )
its the last drop for XRP and i dont see any further drop for XRP in this year but the main key is the drop still didnt finish yet
actually the main supports of XRP are gone due to bitcoin acts .
The lost supports are : 0.7 - 0.65 - 0.6 and 0.55
mostly we will go up from 0.45 or 0.43 to the 0.55 or 0.6 zone but to me its not a good buy point YET
TP1: 0.5
TP2: 0.4
TP3. 0.3 and lower mostly ;-)
i did buy some % of my bag in 0.55 and resold on 0.62 because the market didnt act well *
regards
Ripple- Next target 0.4?As expected, XrpUsd has broken 0.8 support and now is trading at 0.75
My outlook for the crypto market remains grossly bearish and I expect Ripple to reach 0.4 in the next wave of selling
0.8 is now resistance and rallies to that zone should be sold
Only Ripple above 1usd would put a pause on this outlook
XRP - 15min Chart - Short scenarioLooking to take a Short if price should move as drawn with the blue arrow:
- Price moves above the blue line
- Price drops again under it where i plan to take on a retest to short
- Nice confluence with Fib Levels aswell Weekly open
Dont forget:
- Watch your Risk management
- DYOR (Do-Your-Own-Research)
- This information / article is only for educational purporses and not a recommendation to buy or sell.
I'm not a Financial Advisor.
Thanks for reading!
trader_se
XRP technical levels fade while freefall to $0.65 beckonsRipple has embraced downward price action since the beginning of June. The international money transfer token crashed from $1.71 to $0.65 in May but recovered to highs around $1.1 at the beginning of June.
In the last week, the overall general outlook in the market has seen XRP bulls fight a losing battle. Initially, buyers focused on gains above $1, but the barrier at $1.1 only got them exhausted.
Meanwhile, the aggressive bearish wave in the market, especially this week, forced Ripple to explore the rabbit hole. Support at $0.9 and $0.8 did little to halt the declines; thus, XRP revisited a previous anchor at $0.78.
Ripple's technical picture adds credence to the bearish outlook
Many analysts believe that this a bear cycle and that Ripple may drop further. The short-term technical outlook confirms this narrative. For instance, the Moving Average Convergence Divergence (MACD) continues to dip inside the negative region. Additionally, the MACD line (blue) recently crossed beneath the signal line, a critical bearish signal.
Similarly, the Relative Strength Index (RSI), a technical indicator tracking the trend of an asset and measuring its momentum, reinforced the bearish tightening grip. Another approach in the oversold region shows that sellers have the upper hand.
For now, the path with minor hurdles is downward. Hence, immediate support between $0.78 and $0.8 is crucial for the bulls to resume the uptrend. However, another swing south might bring XRP near the primary support in May at $0.65.
Ripple intraday levels
Spot rate: $0.84
Trend: Bearish
Volatility: Low
Support: $0.78 and $0.65
Resistance: $0.9 and $1
Monday: RIPPLE PART 2 - week 23Ripple is not really going anywhere, it just keep correcting. The structure is making flat-structures, but they are all very short-term setups, and to take advantage of these opportunities it's all about timing, and being able to enter and exit positions quickly and swiftly. It's hard to update these trades and ideas in real-time here on tradingview, but if you understand market structure, then you understand how to adapt and identify to the market structure scenarios unfolding and you know how to take advantage of them.
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
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XRP - Bearish Short TermXPR on the 8HR time frame has had candles close bellow the "Ascending lower trend line" breaking this symmetrical triangle. If the price falls and closes bellow the pivot level of $0.88 then it will start forming lower lows instead of higher high's pattern previously.
$0.82 is a crucial key level of support when zooming out & viewing other larger time frames. We must hold above this to remain bullish short term.
$1.05 is currently our key level of resistance that the price action struggled to break. If XRP can break this then the price will head back to $1.30.
-Consolidation within the price of XRP has been moving slow recently inside the symmetrical triangle. So it's more likely XRP will drop slightly lower to retest previous zones, then have a huge uptrend breakout; maintaining bullish long term 2021 :)
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.-
XRP/USD - DON'T FALL FOR PREMIUIM (SHORT-TERM)Technical Overview: - XRP
We are at the top, do not buy now if you bias is bullish, we need to see market give us the opportunity
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Short term Short opportunity for XRPXRP is moving south again and going by the chart, it is heading towards point E on the chart.
This is would be end of the cycle and XRP should bounce off point E and then breaking the upper part of the triangle.
What would be interesting to see if it will be able to break the Resistance at $1. If it does then its good sign. however it looks unlikely.
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XRP could to down to $0.60 cents.Just, I analyze XRP from Daily timeframe to know my perspective in the market. XRP was formed a simetric triangle, but unfortunately, XRP break down of this chartist pattern and the price it's leading to the support of $0.60 cents.
That it's all what I see. Also, if you buy at $0.60 cents. This will be the latest opportunity to buy XRP at $0.60 cents approximately. And no more we can to see XRP below of $1 dollar once that go back on the Dollar. But, I thinking just to buy 1,000 XRP coins when the price stop the bear movement and buy approximately in this level at sixteen cents.
s3.tradingview.com
Now, in this screenshoot, remember, if you hold XRP by long term. Notice that XRP may to explode on 2022. And you would need to know this secret information what Federal Reserve and Government planning to use XRP in the future to move all money and create a next wealth generation for the next elite who hold XRP., above of 1,000 XRP coins.
XRP Correction after wave 5 incomingXRPUSD completed its 5-wave move up, signalling a correction.
Broadening distribution channel paired with a bearish divergence on the top. Might push one time higher.
Wait for confirmation on retest on top of channel or at swing-failure.
I should've placed the "5" at the previous top, making this a Broadening Zigzag correction
XRP Shorterm SELLOn higher timeframes - Weekly and Daily, $XRP just broke above a historical resistance and we expect a retest. Clearly, there's an exhaustion from the upside as shown by the ascending channel on the 30 minutes time frame. A break below is feasible before it flies to our first target, $2.
We go short to $1.4 before we fly to Elon Mars.
Let me know your thoughts?
XRPUSD Triple top forming on the 30min Triple top forming on the 30min timeframe for XRPUSD after we have seen the supply area around 1.43- 1.45 being tested unsuccessfully three times now. If we see another test at the 1.37 - 1.4 support and we break down below that we will retest 1.29 as that is the nearest support.
RSI and ADX seem to be under pressure downward as is the MACD.
A close above 1.45 would invalidate this.
Let's see what happens.
Not trading advice, just what I see ;)
XRPUSD 1.33080 + 28.33 % LONG IDEA * PRICE ACTIONHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE XRP / USD.
* follow your entry rules on entries
* significant moves with the bears change the plan.
lets see how it goes.
many stars must align with the plan before executing the trade, kindly follow your rules.
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
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ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
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