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Xrpusdshort

XRPUSD - Symmetrical triangle breakout.Right here is the symmetrical triangle. We can see price moving in between the two trendlines. Therefore I expect price to either break the resistance trendline upward to $0.64327 or break the support trendline downward to 0.41000. Either way, I expect price to go long. What do you think? Share your opinion in the comment section.😇 Please support this idea with LIKE👍 if you find it useful.🥳 Follow me to receive more contents like this.🤙 Happy Trading💰🥳🤗 Trading Involves High Risk⚠️ Not Financial Advice💸 Use Proper Risk Management💹 Thank you for your support!💓
BITSTAMP:XRPUSD
by PetrockFxTrading
5
XRP - Buy again at 35cOur updated chart after today's rise. As we had posted yesterday the rise was expected but a strong resistance at 52 cents has pulled the price back to 40cents and probably will go lower before testing support at 35 cents. NEWS: In a Friday filing, Ripple pushed back against the SEC’s allegations, which claim that the firm violated U.S. securities laws for over seven years by selling $1.3 billion worth of XRP tokens. “The functionality and liquidity of XRP are wholly incompatible with securities regulation. To require XRP’s registration as a security is to impair its main utility,” the response said. In a 93-page filing, Ripple responded to each of the SEC’s paragraphs. In its affirmative defenses, Ripple stated that XRP is not a security or investment contract, and the firm’s sales or distributions of XRP are likewise not investment contracts. “The Complaint mischaracterizes advice that Ripple received in 2012, from which a reasonable reader actually would have concluded that Ripple Credits (a past name for XRP) were not a security,” the filing adds a few paragraphs down. Ripple is also claiming that the SEC did not provide fair notice that its sales of XRP might be violating the law. In addition to filing its response, Ripple filed a Freedom of Information Act request for documents from the SEC on how it determined that bitcoin and ether, the top two cryptocurrencies by market capitalization, are not securities. reference: www.coindesk.com
BITSTAMP:XRPUSDLong
by FX_Professor
11
XRP ShortHello traders, When i look at the daily which carry more weight and much more reliable than lower TF i don't think we are done with the selling pressure. Since November high and this massive sell-off price kept making LH and LL, i know there is a lot of hype & excitement about XRP lately but to me it looks like the last pic we had around 0.37cents was just a LH and most of time we see LL right after. Again unless we break that previous high or BTC decide otherwise because has everyone should know alts are followers not leaders i believe price will continue downward with potentially a retest of March 2019 low. If so, price will need to stabilize and produce a setup, followed by a confirmation before we take on any new risk for a swing trade! Thank you and take care!
Short
by ElDiablo0604
XRPUSDT, dont invest now. Wait 0.275, 0.261.Hi friends XRPUSDT picture on bears side. We have big solds above 0.34 and nobody want to invest at 0.29. So my opinion downward trend will continue until price get to 0.275 and 0.261. Levels thanks to X-Lines script. Follow me. PS: my ideas is not a plan to your actions on the market. You must understand that it's only my opinion. Market and exactly crypto market is very dynamic system. I can't write in online mode all time. I write ideas time to time and if you subscribe you can see it. Good luck.
Short
by JinFlark
2
XRP (SEC CHARGE) Channel & Crucial Levels XRP appears to be in a range with an indication that it could explode to the upside on a technical standpoint despite the current SEC uncertainty. A clean chart to display solid fluid support and resistance levels amongst the Monthly, weekly and daily timeframe. Despite the SEC uncertainty, XRP manages to maintain price action above the 8EMA & 18EMA with candle bodies closing consistently above the fluid support levels. The 200ema has proven time and time again to be a solid level for XRP to break, it has been unable to break this with lack-lustre wicks providing no sign of a close above. RSI shows the 78.10 provides an overbought perspective however, the channel and pennant XRP is currently, it is best to sit back and await further confirmation. If XRP closes above 0.35, I will enter positions with profit taking 0.38c, then 0.50c thereafter. A rejection of the 200ema and the performance of the TOTAL crypto market will provide an insight to a bearish cycle to begin for XRP, with a visit to 0.26c, 0.22c and then 0.17c. In this scenario, my strategy consists of dollar cost averaging during the dips, I believe that regardless of the SEC charges against Ripple regarding being a secuity, it will have provide clarity therefore a long-term positive price action for XRP is still expected. *This is not financial advice, please trade and invest responsibly*
KRAKEN:XRPUSD
by VoyantHoldings
XRP to drop below $0.17.. XRP, the price has dropped over 70%! That is a very sharp drop, even sharper considering the whole market is in a strong uptrend and soon XRP can placed fifth or even sixth in the overall market cap as Litecoin and Polkadot are catching up quickly. As XRP is being delisted from US Cryptocurrency exchanges such as Coinbase, US Binance, Bitstamp and many more, the price is still expected to extended losses based on this negative fundamental outlook based off the SEC lawsuit. For the full list, check this article on Yahoo Finance. finance.yahoo.com Fundamentals are bad, but how about technicals? Considering the price has seen a very strong sell off, the technical aspect of XRP also doesn’t look the best, but let’s take a closer look at them. Currently XRP is in a insignificant uptrend, which is more a correction than a buying wave. The price is closest to a Bear flag bearish pattern, which outcome is bearish. Indicators. Same as XLM, the RSI is in a weak uptrend but with an exception that the RSI is below 40, which is very bearish considering this is a daily time frame. MACD is currently on the second strong selling wave, but another one is expected to be seen shortly. EMA levels of 20 and 50 are pointing towards an downtrend, but a retest of 20 EMA is expected before any further move to the downside or upside. I expect the price to drop below $0.17
BITSTAMP:XRPUSDShort
by TiborVrbovsky
15
THE PHOENIX The more people are wanting to sell their XRP holdings and the more people turn on it the more bullish I get. Everyone is scared of the SEC lawsuit and what it it will bring...maybe a fine, a slap on the wrist or tighter regulations?. The fine and slap would make no difference to RIPPLE and they haven't even produced their side of the story yet. This is all media scare and dump to get retailers out of the market. Someone who I managed a holding for has already asked me if XRP is finished with and if they should sell (they have been holding for over 2 years). All these are signs of what the large investors want. Mr David Schwartz has said that the higher the price is the better XRP will work and integration is coming...it has the most utility out of any crypto available. It's already in banks and institutions. This manipulative suppression and scaring tactics for the masses. Any happy go lucky investor would take one look at XRP and stay well away from it. XRP will shoot and it will take off to fast for everyone to jump on. All it needs is institutional capital injections to come in...what better time to do it when it is delisted and kept away from retail. It has all the flags here but everyone is so fixated on bitcoin and other over valued coins that they just believe everything they read on twitter about XRP being a sh** coin and a scam. BTW I have to get a BTC tattoo as per my last btc call. I wouldn't be surprised if BTC dumped once XRP has been delisted . Bitcoin is being milked for all it can be before USDT is investigated and the crypto space is regulated. The crucifixion is coming but everyone is so far up BTC they are blinded by instant money. The drop of BTC will devastate, I'm not predicting reversal points anymore. The top 2 blue lines is where I bought bags. I will look to buy one more big bag at the next dip before the delist happens and this is the bottom blue line.
BITFINEX:XRPUSD
by XHRISTIE