Rippleusd
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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XRP Divergence and Trend AnalysisXRPBTC is showing a bullish divergence
While XRPUSD is struggling to hold above 0.5 Fibonacci retracement level
I believe this level will hold and XRP is headed a lot higher, it just may take some time. The bullish divergence on the BTC pair is evidence for this assumption.
XRP - That is what is happening!!! 🚀🚀Update on Ripple!!!
After a long trade in the area, xrp fell 35%, broke through the $0.65 support level, gathered liquidity below the $0.52 level, and bounced back to the $0.65 level. The price has now squeezed near that resistance level.
I think the price could break this resistance level and move up into the value area, I am now looking for entry opportunities.
Guys, don't forget about stop losses, it will save your money!
Write in the comments all your questions and instrument analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Ripple’s 30% rally bows to selling pressure under $0.7
Ripple gained ground to $0.67 after the massive weekly selloff to $0.52.
Overhead pressure under $0.7 results in a retreat to $0.6.
The MACD reveals that XRP is still in the bulls’ hands.
Ripple suffered greatly under the battering jabs from the bears at the beginning of the week. The feared downfall to $0.5 occurred as XRP tumbled to $0.52.
Meanwhile, a recovery followed swiftly, with Ripple gaining the lost ground above $0.6. The bulls stretched the up leg toward $0.7, but the momentum lost steam at $0.67.
At the time of writing, trades at $0.62 following a minor correction. Holding support at $0.6 is crucial for the resumption of the uptrend. However, Ripple may retreat further before bulls throw another jab at $0.7.
Ripple’s weakening on-chain metrics could be hindering recovery
On-chain metrics play a key role in the performance of most crypto assets. Understanding the signals from the metrics helps investors make informed decisions.
According to data from Santiment, the number of new addresses joining the XRP has dwindled over the last 30 days. Moreover, the XRP price has been falling in tandem with the addresses. For instance, from a 30-day high of nearly 4,800 addresses created on May 24, only 2,055 addresses were created on the network on June 23.
On May 24, Ripple exchanged hands at $0.86, but the price had fallen to $0.64 on June 23. Declining network growth is usually a bearish signal, ascertaining that the project is losing traction. Hence, if the metric fails to turn around, XRP price will likely delay recovery or continue exploring the rabbit hole.
On the flip side, the Moving Average Convergence Divergence (MACD) hints at the trend remaining in the bulls’ hands despite the correction from $0.68. Realize that the bullish outlook emanates from the MACD line (blue) sustain the divergence above the signal line. Besides, holding above $0.6 support may allow bulls to focus on recovery toward $1.
Ripple price intraday price levels
Spot rate: $0.62
Trend: Bearish
Volatility: Low
Support: $0.62 and $0.52
Resistance: $0.7 and $0.85
Ripple price flashes remarkable buy signals
Ripple price begins recovery after diving to $0.57.
The TD Sequential indicator presents a massive buy signal as buyers take their positions.
XRP aims at closing the day above $0.78 to set the precedence for the trajectory to $1.
Ripple slipped below May’s crucial support at $0.65 to trade a two-month low of $0.57. The selloff affected most crypto assets, starting with Bitcoin’s drop to $30,000.
When writing, the international money transfer token teeters at $0.62 amid a gradually building bullish momentum. Perhaps a daily close above $0.7 will call more buyers into the market upon Ripple regaining market stability.
How formidable are Ripple’s buy signals?
The TD Sequential indicator has recently flashed a buy signal on the 12-hour chart. This is a chart overlay tool that measures the volatility of an asset while tracking its trend. A buy signal forms in a red nine candlestick and implies that buyers get stronger as the bearish force fades.
On the other hand, a sell signal presents in a green nine candlestick, implying that selling pressure is about to balloon while bulls lose their grip. With a buy signal intact within the overall technical picture, massive gains are anticipated.
The growing uptrend is reinforced by the Relative Strength Index (RSI), gaining momentum after leaving the oversold region. Action toward the midline will cement the growing bullish grip.
Subsequently, traders should watch for movements in the MACD. If the MACD line crosses above the signal line, the buy signal will be validated. Holding above the short-term support at $0.6 is crucial to sustaining the uptrend, while closing the day above $0.7 may bolster Ripple significantly upward.
Ripple intraday levels
Spot rate: $0.63
Trend: Bullish
Volatility: Growing
Resistance: $0.7
Support: $0.6 and $0.57
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 short-term to long-term outlook and planAfter a strong move from $0.21 on the 4th of January $xrp got to a peak of $1.66 on the 26th of April 2021. So far it has broken down below the support at $0.86 which has turned to resistance, a bearish pinbar candle has formed at the new resistance, and there is a good chance that price falls all the way to the next level of support at $0.46. Which is also the 61.8% Fibonacci retracement of the 4th January rally to $1. 6. The $0.4 support would also indicate a higher low for $xrp which means the uptrend will continue. Expecting $xrp to go from $0.46 to $5.16 which is the 0.618 extension level. I plan to risk 3% of my
With the hope of making 10x of that.
XRP HASN'T HAD ITS BULL RUN YET - CryptoManiac101XRP / USD TA
Just as the we see market turn bearish for a few days and finally get neutral/negative SEC news about the case delay in the Ripple case, we are literally skating on the newly found support/bottom. Many so called 'diamond hand' investors decided to sell, while financial institutions began hoarding more that ever before.
Enjoy the show whether you're in on out!
Thursday: Ripple - Week 24Check related ideas.
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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RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
Why Ripple Price Holding Above $0.8 Fails To Excite Investors?Ripple dealt with massive bearish calls last week amid the drop from levels slightly above $1. Many analysts believed that the cross-border money transfer token headed for a significant dive to the support in May at $0.65 and perhaps extend the down leg to $0.5.
However, XRP eagerly embraced support at $0.8, allowing bulls to push the price to higher levels. Nonetheless, since the week started, the international money transfer token has not made any appreciable gains above $0.9.
When will Ripple price come out of this crucial range?
In the last few days, XRP sustained in a narrow range between $0.8 and $0.9. The immediate downside sits on top of the 50 Simple Moving Average (SMA) support on the four-hour chart.
As long as this support is intact, bulls will focus on gains above $0.9 and toward $1. On the other hand, closing the day under this same level may see XRP testing the lower range limit at $0.8.
The Moving Average Convergence Divergence (MACD) indicator currently levels at the zero line. This indicator identifies positions to buy the dip or sell the top, especially in a trending market, by following the asset’s trend direction and momentum.
Note that the leveling motion has no definitive direction; thus, Ripple price consolidation will likely continue to the end of the week. However, the MACD line (blue) may help traders figure out the next breakout direction.
A MACD line crossing above the signal will be a bullish signal, calling buyers to increase their exposure in anticipation of gains toward $1.
On the flip side, the MACD line crossing beneath the signal line would imply that losses would take precedence. Apart from $0.8, other key anchor zones are $0.7, $0.65, and $0.5.
Ripple price intraday levels
Spot rate: $0.86
Trend: Sideways
Volatility: Low
Resistance: $0.9
Support: $0.8, $0.7 and $0.65
Tuesday: Ripple - Week 24Hello Traders! Check out "Related Ideas" for more context!
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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SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
Ripple for week 24I 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!
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
Friday: Ripple - Week 23I 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!
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
Thursday: RIPPLE - Week 23Ripple is looking good for buy opportunities now, look at the 'related ideas' to get an analysis of the bigger context, and why my directional bias is bullish now.
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!
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.