XRP ready for a run?!XRP has held perfectly on this ascending channel on the 4HR TF with no closes below this bottom support, we have lots of room to move up to the 0.2 FIB level. Our Zero Lag MACD recently printed a buy and as of right now our Blue MA is crossing overtop of the orange MA which is bullish if its confirmed, The Red MACD Lead is coming upwards fast and showing no signs of slowing down, also the histogram is looking like we are going to see a green bar be printed. The RSI is slopping down underneath our 50. point line but keep in mind we are looking at the 4HR TF, if you check out the daily we perfectly bounced off and above the 50. point line looking like we are going to see a confirmed uptrend soon. Always keep in mind that BTC leads the market and can very easily drag everything down if we see another dip. Not financial advice just my opinion!
Xrpanalysis
THE XRP DOGE FRACTAL YOU NEED TO SEE NOWWelcome back!
It's been years since I have posted on Tradingview but here we are.
Today, I bring you some of the greatest technical analysis known to man.
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XRP looking to explode in BTC value!!Xrp has pushed up once again to test this long term downtrend resistance and with a big altcoin wide push we are surely able to cut right through this resistance. Aswell Xrp has been showing incredible strength being among top performers in the markets recently even while being suppressed by the SEC. I believe the time is coming for XRP to explode i believe we will beat the SEC case and just that news alone could send XRP to the moon, aswell as every exchange relisting XRP would case a mega tsunami of FOMO. We are currently still 107% away from the 0.2 Long term FIB Level! i think XRP is a great project and crypto in general they have great technology and could be a huge benefit to the cross border payment system and banking system. All just my opinion DYOR and not financial advice!
Xrpusdt waiting for breakout or correction?Hi,
Xrpusdt already broke the descending channel now two entries are possible. If uptrend continues and breaks the resistance a good long position would be profitable but if market gets correction then it would have to come back to support after that it rises again.
Waiting for breakout!!!
What you guys think let me know in comments your ideas 💡
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XRP short to $0.9Quick analysis on XRP using both wave theory, Fibonacci analysis :
Wave theory Analysis:
1) XRP had a nice IMPULSE run-up from Apr 4th to Apr 13th going from $0.58 to $1.96 as shown in my 5 point wave in the diagram above
2) After a good impulse phase comes the CORRECTION phase, markets usually stay two-thirds of the time in a correction phase
3) Looks like the correction is a ZIG-ZAG correction look at my wave A-B-C where Wave A touched FIB 61.8% and Wave B is a symmetrical triangle with a nice (3-3-3-3-3) pattern
4) I believe the next one is corrective wave C which has just started and it's is going to come down to FIB 78.6% i.e. $0.9 where the support is tested again to see if it moves up in the next impulse leg up or go down - so watch out for this support line at $0.9
Summary :
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1) Looks like the bears are still in control
2) It's in the final leg of corrective Wave C
3) The support line $0.9 needs to be tested one more time and see which way the market is going to trend
Happy trading, feedback is always appreciated
XRP ready to move up?!4HR TF/ XRP has been showing a lot of strength and is now back on track with the market bull cycle even while being under lawsuit and suppression from the SEC! We are currently in a nice FIB ascending channel, we are holding and bouncing strong off of the 0 FIB level looking to come up and test the 0.2. I think once the markets start to move again XRP will cut through these levels like a hot knife through butter! Looking at the 100 day SMA (BLUE) we have almost perfectly bounced off and moved up! Also we saw some downside pressure with the 10 day SMA (GREEN) pushing down ontop of the candles, we are seeing it now start to level out and we are perfectly inline with it, once we see a break of this SMA we should see some very nice movement riding the SMA to the upside. It would be ideal in the future to break the 50 day SMA (TEAL) and then we could really start flying but thats for a TA later on! We're seeing the Stoch RSI reverse right now bullish and this could push us up to that 0.2 FIB to test. Not financial advice just my opinion! rarible.com Feel Free to check out my 1of1 Doge Gif NFT, more to come in the future!
XRPUSDT Forth Ascending Wave or First Descending WaveXRP finished it's third ascending wave. As you can see It's moving toward the base of it's channel. The blue arrow line shows the moment that the uptrend started each time. XRP can start it's forth wave from the blue rectangle, the cross between arrow line and bottom of current channel. We can see a consolidation, the red rectangle, with big and strong red and green candles. Strong green candles besides strong red ones near bottom of channel can keep the price inside the channel. So the upward forth wave is more probable.
But in RSI 2h indicator, we can see a clear divergence. So the downward movement is possible too.
Between price action and indicator we should lay on price more in our analysis but I suggest you to just wait a few more hours and see what will happen at the blue rectangle. Whatever direction price gets, you can take a good profit from it.
XRP (Ripple) Coin Analysis 19/03/2021Fundamentals:
To begin with, it’s important to understand the difference between XRP, Ripple and RippleNet. XRP is the currency that runs on a digital payment platform called RippleNet, which is on top of a distributed ledger database called XRP Ledger. While RippleNet is run by a company called Ripple, the XRP Ledger is open-source and is not based on blockchain, but rather the previously mentioned distributed ledger database.
The RippleNet payment platform is a real-time gross settlement (RTGS) system that aims to enable instant monetary transactions globally. While XRP is the cryptocurrency native to the XRP Ledger, you can actually use any currency to transact on the platform.
While the idea behind the Ripple payment platform was first voiced in 2004 by Ryan Fugger, it wasn’t until Jed McCaleb and Chris Larson took over the project in 2012 that Ripple began to be built (at the time, it was also called OpenCoin).
XRP was created by Ripple to be a speedy, less costly and more scalable alternative to both other digital assets and existing monetary payment platforms like SWIFT.
RippleNet’s ledger is maintained by the global XRP Community, with Ripple the company as an active member. The XRP Ledger processes transactions roughly every 3-5 seconds, or whenever independent validator nodes come to a consensus on both the order and validity of XRP transactions — as opposed to proof-of-work mining like Bitcoin (BTC). Anyone can be a Ripple validator, and the list is currently made up of Ripple along with universities, financial institutions and others.
The live XRP price today is $0.473799 USD with a 24-hour trading volume of $2,833,524,754 USD. XRP is down 1.35% in the last 24 hours. The current CoinMarketCap ranking is #7, with a live market cap of $21,512,378,294 USD. It has a circulating supply of 45,404,028,640 XRP coins and a max. supply of 100,000,000,000 XRP coins.
The top exchanges for trading in XRP are currently Binance, Huobi Global, Bybit, OKEx, and BitZ. You can find others listed on our crypto exchanges page.
Technical Analysis:
there are total of 3 Targets Defined by Fibonacci Projection
3 TP is very dependent on the Process of the 2TP achievement. (Triger followed some retracement)
XRP short-term target at $1.50!We broke up out of the large horizontal triangle and quickly met the target at $1.10. A bull pennant was formed and the price broke upwards, giving us an approximate target of $1.50. I expect to meet this target within 1-2 weeks due the the bullish price action at the moment and the good news regarding the SEC case.
Rising Wedge and Triangle Formation. KEY LEVELS!Many has mentioned a breakout to higher targets, Yes there is a huge triangle on the 1 hour chart, but there is also a "hidden" wedge present.
We are most probably going to get a retracement to the levels showed in the chart.
Remember, already in 2018 the Sweedish Central Bank had moved liquidity worth over a 1B SEK via Ripple.
You really think they do not know what they are using?
Have a great day, and good luck :)
If you want to educated yourself : www.youtube.com
XRP - 6h. Buyers plan to test $0.78The long-suffering triangle that has been forming in the XRP market for 2 months may end its existence. The fact is that today buyers managed to break through the upper trend line of the triangle , which is a good signal for the continuation of the XRPUSDT price growth with the first target of $0.64
Trading volumes in the breakout of the upward triangle trend line were increased. However, if you look at the 12 hour timeframe, the trading volumes on the triangle breakout are quite small:
It is quite possible that this is a false breakout of the triangle and the price may return to its limits. Therefore, now we want to wait for the correction after the completion of the real local growth impulse.
If buyers keep $0.53 , it will be a good signal of buying strength and price growth to $0.78 . The loss of the mark of $0.48 by buyers will quickly help sellers lower the price to $0.42. Therefore, in this situation, we do not plan to rush. However, you need to keep a close eye on XRP.
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XRP and April 6thI never call time frames, however with XRP I find it very interesting that we are coiling up to April 6th. What is this day you ask? Well, its a discovery hearing for the SEC on Ripples request for BTC and ETH documents. Ripple wants to know how and why the SEC determined Bitcoin and Ethereum as a non security, while in the same step treating them differently. I have a feeling the market will use something that is said in this hearing as a catalyst for XRP to begin running to the upside. Be on the lookout.