Volume has finally arrived! Ripple TA with Updates.

Hey! I am back with Another Technical Analysis with updates!

The More likes, the More updates!

So why I am looking at XRP/BTC chart and not XRP/USDT?

Because the BTC chart shows actual Ripple moves, demand and way precise candles. In USD value you may see that Ripple is losing Value, when in real its just rising in value, that why we look at XRP/BTC in short.

So as I suggested in my previous technical analysis

Ripple has been in Accumulation phase with tiny volume, expecting a sharp candle to show up, with a MACD buy signal which was about to be given on a long period timeframe.

And that exactly happened, after the last downtrend was broken in the accumulation phase, Ripple went straight up to test 9500, found some ressistance and was looking for some support with a sharp retest of 9060 by which has XRP vindicated his strength.

So the expected Volume has finally come and time for me to do a Technical Analysis with updates too as there is finally some Volume.

Current Situation.

Ripple has broken through 9300 level and find some stronger ressitance at 9650 as good known ressistance level from the past.

As for now I expect some sharp tests of these two levels (9300 and 9650), breaking ressistance would mean a test of 9800, breaking support would most likely see a test of 9200.

I will post more about next moves and Indicators in Updates, stay tuned!

Thats all from me, for now. If you agree with this Technical Analysis , consider leaving that "Agree Button" blue, as it leads me to post more similiar Technical Analysis .

Thanks for your time and good luck trading!

Comment:

First update of the day! Starting with 15 min chart. RSI is showing some uptrend, you can some few trendlines on chart, rising wedge, bear flag.. patterns which can be seen during high volume session in which is XRP currently in. 15 min macd is about test slower lane, bullish macd slide is expected if the current trend want to be follown.

Comment:

following up by another 30 min update, you can see in this MACD that if the 15 min performs "bullish slide" the 30 min MACD will give buy signal soon, thats why important to look at each timeframe one by one.
This chart show more clearly that downtrend which tested succesfuly support was broken and uptrend has been formed which is headed to test 9600 levels, as long as uptrend remains.

Comment:

Here is a Daily Update, quick overview.
On the chart you can see two strong zones where Ripple likes to accumulate. By a simple use of two emas, you can easily tell that trend has changed from bear trend to bull trend. MACD is showing two very healthy macd cycles, today might be the first day in buy signal, if XRP closes above daily candle above 9400.
RSI shows good overal demand.

Comment:

Another lower timeframe update, 15 min. MACD has performed succesful bullish slide as predicted and currently is going for another test. Currently is XRP in uptrend, RSI is showing some uptrend but starting to build a flag with even the chart showing a flag pattern. What will happen. This flag will retest 9500, if this test is succesful, sharp move may be ahead upwards, if not 9275 will be tested. 9500 current ressistance 9350 current support.

Comment:

Still in a flag, one more test of 9500 is likely to happen.

Comment:

here is an one hour update, the flag turned out to be a bear one as the RSI has suggested. Bounce right from the support, the wick 8500 is a Binance glitch as I didnt managed to find this wick at other charts. Finding support at 9650 would be really bullish sign. MACD has started another buying wave highly above neutral zone.. strong moves from xrp.

Comment:

Good morning everyone, I am reporting in with a 15 min update. I was surprised XRP to see such sharp test right after the 9800, so bassicaly 10,000 was tested, after that some profit taking have been seen but xrp found support pretty high, formed uptrend and tried to break upper uptrend but found it as ressistance, so downtrend has been formed. Currently another uptrend has been formed and uptrend is testing downtrend and 9800, hard test for xrp. But even if XRP would go just sideways its still would be good as downtrend would get broken and another accumulation with another sharp test might be on the way.

Comment:

Here is a hourly Update. MACD is about to give sell signal as long as strong buying pressure is not on the way. MACD on sell signal isnt bad at all, XRP needs some time to accumulate, sell signal in such strong demand can mean only just a accumulation or still a slight uptrend, just not such strong to make fast ema cross slow one. RSI finding support above 60 is another good sign of good demand.

Comment:

Many trends can be seen on 15 min XRP chart. Combining 50 and 20 EMA we still on a buying wave, even after sharp moves.
Looks like there is still some downtrend, but as I stated above, its good sign that XRP maintans to act this stable after such moves. Demand looks still great, lets look at what 5 min has to say.

Comment:

Current support on 5 min chart 9730 looks pretty solid, here is clearer view on current downtrend.

Comment:

Back in the old range. Higher high follown by higher lows.

Comment:

Bassicaly Ripple has failed to break 10,000 and is accumulating again in the old range, I expect Ripple to go sideways for a while.