Cardano in 2021 vs Ripple in 2017Yet another long term chart.
Heres why I think ADA in this bull market can be what XRP was in the last cycle:
1. ADA IS , like XRP WAS, a top 5 coin
2. ADA has a lot of believers and a lot of haters. XRP was probably the most hated coin in 2017.
3. People who hate ADA are convinced it is useless (similar to XRP). Now XRP has been proved to be useless. With ADA, we don’t know.
4. XRP has seen two mega cycles, ADA has seen one.
A comparison of price action over the long time period shows ADA’s bull target should be somewhere between 7-15 USD. If you think this valuation is ridiculous, guess what? Back when ripple was worth 3 cents, a forecasted value of 30 cents was deemed to be ridiculous. XRP eventually went close to 3.4 USD.
Now you might argue that using that logic, ADA could do a 100x to 100 USD: That is highly unlikely because of the market maturing as a whole. Also there are a lot more alts that will suck liquidity.
I will not be shocked if ADA goes to 6-7 USD this year, comparing XRP’s performance in 2017, this is a conservative estimate. 15 USD is also possible. Both these levels were obtained by comparing fib levels between ADA and XRP.
Good luck!
Rippleusd
XRP - Bullrun Starts Next WeekHi, right now we are in a beautiful triangle and in the next couple of days we are going to see a breakout and I hope it is going to be above $0,60. Last week we backtested the BIG support level $0.47-0.48 and it held very well. Once we get big news like exchanges relisting XRP, then we know it is time for big breakout. The next resistances for XRP are $0,65 and the big one $0,75. So be prepared and don't PANIC ;)
$$$ XRP $$$ Hi Guys ! With this breaking news of SEC defeated in a attempt to block #xrp HOLDERS ' Motion to intervene Judge Torres Approves Motion !
Possibly Taking off #Xrp soon to bullish mode if it breaks $0.64 mark and would be hard to figure out where it going to land next !
Cheers
Happy Trading !!!
XRP BULLISH LONG 20X BTCAfter the XRP case is concluded well, the stock exchanges that delist XRP will open XRP to buy and sell options.
While BTC is $ 20K, XRP at the level of $ 3 should be a minimum of $ 6.
After the next altcoin rally and the result of the lawsuit, I expect 20x return in dollar terms.
XRP bullish comeback meets acute resistance, delaying recovery
Ripple faces resistance at the descending trendline and $0.6.
Declines may come into the picture if the 50 SMA support in the 4-hour chart breaks.
Ripple struggles to hold above the short-term support at $0.55 following a failed attempt to touch $0.6. A descending trendline has capped the immediate upside on the 4-hour chart. XRP is doddering at $0.56 at the time of writing.
The bearish momentum appears to be building while declines beckon toward $0.5. Note that the 50 Simple Moving Average (SMA) is in line to offer support and prevent losses eyeing $0.5 and $0.45, respectively.
In the meantime, the Moving Average Convergence Divergence (MACD) shows a consolidation move could take precedence in the near term. The MACD is horizontal within the positive region, hence the bullish inclination. Ripple will remain in the no-trade zone if technical levels remain unchanged.
On the upside, a break above the descending trendline would see bulls shift the focus to $0.6. Similarly, the price action above this level could be massive due to speculation bound to rise. Recently, XRP tested the seller congestion at $0.65, which, if broken, may elevate the cross-border token toward $0.75.
On the downside, losses will extend to the support highlighted by the 100 SMA at $0.5 but may stretch to $0.45. It is essential to wait for a confirmed breakout or breakout before increase or decreasing your XRP position. In other words, trades must be aware of the ongoing sideways trading.
Ripple intraday levels
Spot rate: $0.56
Trend: Sideways trading
Volatility: Low
Support: 50 SMA on the 4-hour chart, $0.5 and $0.45
Resistance: $0.6 and $0.65
Ripple where to buy ?Good morning people 👍
𝙒𝙤𝙪𝙡𝙙 𝙮𝙤𝙪 𝙡𝙞𝙠𝙚 𝙩𝙤 𝙠𝙣𝙤𝙬 𝙖𝙩 𝙬𝙝𝙖𝙩 𝙥𝙤𝙞𝙣𝙩 𝙩𝙤 𝙗𝙪𝙮 $XRP ?🤑🤑
I teach you easily with a graph , the only thing you have to memorize are the 4 areas drawn with 🟢Green / 🟡Yellow / 🔴Red /⚫Black.
🟩Best entry : 0.18 USD
🟨A good entry : 0.33 USD
🟥Risky entry : 0.59 USD
⬛Danger zone : 0.14 USD
PD : Black zone is dangerous if the price crossdown this level, it could go down much more. $BTC $ETHEREUM $LTC $ADA $XRP $BNB $XLM $MIOTA
PD2 : "Risky Entry" means that it is a more dangerous entry compared to the other 2 colors. But it is a valid entry anyway.
PD3 : Leave me in the comments, what do you want to analyze next. (any crypto/stock/indices )
𝙄𝙛 𝙮𝙤𝙪 𝙡𝙞𝙠𝙚𝙙 𝙞𝙩 𝙤𝙧 𝙞𝙩 𝙝𝙖𝙨 𝙗𝙚𝙚𝙣 𝙝𝙚𝙡𝙥𝙛𝙪𝙡, 𝙮𝙤𝙪 𝙘𝙤𝙪𝙡𝙙 𝙨𝙝𝙖𝙧𝙚 𝙩𝙝𝙚 𝙥𝙤𝙨𝙩 / 𝙘𝙤𝙢𝙢𝙚𝙣𝙩 / 𝙡𝙞𝙠𝙚.
The post would have more visibility so that more people can see it.✅
Check my profile @vbirnoschi
XRP explodes toward $0.6, leading crypto market recovery
Ripple heads back to $0.6 upon finding support at $0.4.
The resistance at $0.54 must come down to validate the upswing to $0.6.
Losses under $0.5 may revisit the support at $0.4 and perhaps extend to $0.35.
Ripple and THETA are the best performing cryptocurrencies in the top ten list. As discussed, THETA has rallied more than 32% in the last 24 hours but seems to have hit a wall at $14. On the other hand, XRP is up nearly 12% to exchange hands at $0.53.
The recovery commenced in the wake of the mid-week losses from highs around $0.6 to the support at $0.4. Price action above the 200 Simple Moving Average (SMA) and the 100 SMA on the 4-hour chart confirmed to the investors that the path least resistance path is north.
Consequently, the bullish grip strengthened when XRP stepped above the 50 SMA on the same 4-hour chart. A real break past $0.5 has opened the door for gains targeting $0.6.
Meanwhile, the Moving Average Convergence Divergence has a bullish impulse. It also about to present a call to buy the dip as speculation mounts for the cross-border cryptocurrency to lift above $0.6.
Massive gains are expected to come into play when the MACD line (blue) crosses above the signal line. Besides, bulls will have cemented their presence in the market if the indicator enters the positive region.
Ripple has stepped above the 61.8% Fibonacci level resistance. However, the token is not out of the woods until higher support is established, preferably above $0.54.
On the flip side, the former resistance between $0.5 and $0.52 must transform into formidable support to prevent losses from extending into the $0.4 range. Note that another dip toward $0.4 could pave the way for losses as far as $0.35 and $0.3, respectively.
Ripple intraday levels
Spot rate: $0.53
Trend: Bullish
Volatility: Low
Key support: $0.5 - $0.52
Key resistance: $0.54 and $0.6
XRP JUST CONFIRMED BULLISH TREND ON 1D TMFA new Bullish Trend, the price failed to trade under the green line/MA. That's the fastest MA which mostly defines trends in short terms. However, on a 1D Timeframe, the fastest MA means a lot as it helps to analyze the behaviors of the trend and the market.
Ripple closer lookXRP may undertake a move within this triangle,
this triangle is the bottom of a rising broadening wedge or a megaphone
the structure has already experienced three tops, so breakout potential becomes less likely
Having a look at XRP on the weekly chart however, it can be seen that a bullflag has formed
XRP - Backtest doneHi, right now we are in a beautiful triangle and in the next couple of days we are going to see a breakout and I hope it is going to be above $0,60. After one week, we have now backtested the BIG resistance that we broke last week and it shows us that the support level $0.47-0.48 held very well. Once we get big news like exchanges relisting XRP, then we know it is time for big breakout. The next resistances for XRP are $0,65 and the big one $0,75. So be prepared and don't PANIC ;)
XRP explores downstream levels amid the hunt for higher support
Ripple rejected at the resistance between $0.55 and $0.6, resulting in declines to $0.45.
The MACD has reinforced the downtrend following the dip to the zero line on the 4-hour chart.
Ripple made an about-turn move following the failure to sustain gains above $0.55. Initially, the cross-border token had stepped above $0.6, but again the momentum lost steam, opening the door for the ongoing declines.
The freefall intensified, with XRP losing more than 12% in 24 hours. Several support levels were shattered, including $0.55 and $0.5. On the downside, $0.45 is functioning as the crucial support area in the short term.
Ripple needs to hold the ground above the 100 Simple Moving Average (SMA) and the 200 SMA on the 4-hour chart to remove excess pressure on the level around $0.45. Otherwise, losses eyeing -$0.4 and $0.35 are likely to come into the picture.
The bearish outlook has been validated by the Moving Average Convergence Divergence (MACD) indicator’s negative gradient. More sell orders will be triggered if the MACD falls into the negative territory. Besides, the least resistance path is still downwards based on the MACD line (blue) crossing under the signal line.
It is worth mentioning that the pessimistic outlook will be invalidated if the support at $0.45 holds firmly and bulls force a trend reversal above $0.5. Price action past the 50 SMA on the 4-hour chart may trigger buy orders as investors speculate the rise to $0.65.
Ripple intraday levels
Spot rate: $0.48
Support: $0.45
Resistance: $0.5 and $0.55
Trend: Bearish
Volatility: Expanding
Ascending Triangle We have a huge ascending triangle on the weekly with a rising RSI. The MACD is also in the positive zone, recently bouncing off the signal line.
We are looking for a strong impulsive wave to the upside after breaking the triangle.
Things are also looking positive with the recent SEC vs. Ripple case as the SEC recently acknowledged that third parties like exchanges (coinbases, binance us) are not breaking the law if they sell XRP. As BTC consolidates and we are approaching alt season, and with the reslisting of XRP, we may just get our catalyst for the next XRP bull run.
The FUD is behind us and chances of XRP going lower are minimal.
If you like this idea please comment below.
XRP primed for a 74% move as key technical pattern matures
Ripple continues to with the uptrend following a break above the stubborn resistance at $0.5.
An ascending triangle pattern eyes a massive upswing to $1.12.
Losses under $0.5 may see the bearish leg extend back to the 200 SMA at $0.35.
Ripple is nurturing an uptrend aiming for new yearly highs. This upward movement appeared after the cross-border token overcame the stubborn resistance at $0.5. Meanwhile, XRP is doddering at $0.57 amid the persistent push by the bulls to overcome the near-term hurdle at $0.6.
The Relative Strength Index shows that XRP is in the bulls’ hands. At the time of writing, the RSI is in the overbought region in the wake of liftoff from the oversold area. As long as the indicator remains in the same position, we are likely to see Ripple continue with the up-trending market.
Simultaneously, Ripple has printed a vivid ascending triangle pattern. This pattern is bullish and usually results in a colossal breakout. It is formed by two trendlines; one connecting the relatively equal peaks and another linking the ascending lows.
A breakout comes into the picture when the price slices through the horizontal line (x-axis). Triangle breakouts tend to have exact targets measured from the highest to the lowest points, as illustrated on the chart.
As for Ripple, price action above this technical pattern would result in a massive upswing, targeting a multi-year high of $1.12. Some resistance is anticipated at $0.65 and $0.75, however, once eliminated, XRP would commence the majestic uplift.
If push comes to shove and the expected breakout fails to come into play, we can expect XRP to delay the ongoing uptrend. Losses under $0.5 will seek refuge at the 50 Simple Moving Average on the daily chart, the 100 SMA, and the 200 SMA.
Ripple intraday levels
Spot rate: $0.57
Relative change: 0.036
Percentage change: 6.8%
Trend: Bullish
Volatility: Low