As You know from our older post then there was a red box which confirms bearishness if we got a candle close below that. We got a candle close below that area and after the market drop, we came down pretty heavily. Currently, the price has stopped on the counter trendline which is pulled from the peak. This is not much a confirmation because of this trendline is...
Ripple finally broke below the support zone it needed to hold. Profit target was hit and 12% was made on this trade. We have bounced on the FIB level so far and we could possibly expect a move back up to resistance before continuing lower again unless buyers step in here and push us back above the supply zone! However, BTC will dictate the market with its price...
Im watching two possible areas to long Ripple. 1) a breakout from the ascending triangle up to the resistance from the previous big wedge. 2) MA50 4hr has been very strong support for Ripple, if this support fails and it finds support on the bottom of the channel this will become a good entry zone. AS ALWAYS, keep any eye on the price of BTC. If bitcoin...
XRP continues to trend lower and we fully expect our profit target will get hit in the near futures. After rejecting at the previous SFP, price continues to trend down with the EMAs and people could be looking to long the demand zone below, HOWEVER, we must hold this region or price will drop like a rock back down to the initial break out zone. Thanks guys
XRP has come down nicely to our projected profit target within a few days and one could have taken the majority of their profits on that last swing lower. Stops could have also been moved in profit for this trade to bare no more risk. Check chart for annotations! Thanks guys
Ripple continues to look weak and after breaking below the supply zone and finding resistance at the trendline , XRP might want to revisit the demand zone below! This, of course, can be negated if we get higher and close above the trendline but more importantly the resistance zone. Check chart for annotations! Thanks guys
XRP is moving in upward channel. It's pullback for accumulation of positions for big players. The price always makes 2nd wave After such thing That's why I think it will continue to move down. Near 0.43 we can buy Ripple. P.S. Push like and subscribe, if you want to get more ideas in the future. Write in comment, What do you think about Ripple's future?
Ripple continues to remain pegged down by this supply zone and the EMAs as it tries to break out from that descending trendline. The lower trendline has been adjusted and we can see that it has tested near it multiple times and is now attempting to break past resistance and make its way back to the FIB level or the supply zone above. MACD seems to be signaling...
XRP has been bouncing around this range tagging both sides numerous times without finding any interest of breaking out. We have currently tagged the upper trendline and lower trendline multiple times as we continue to expand as we move forward, which is called a megaphone pattern. If this pattern continues to play out, volatility will continue to increase as we...
Ripple broke past resistance this weekend testing areas of supply before getting rejected at previous SFP highs and moving back down into once a resistance zone. There wasn't much volume on that move up but the rejection volume down into the support level did garner a rise in volume but held for now. This zone is key for any XRP move upwards as a break from this...
The last update dictated that a move to 50 cents was highly probable. Which happened. I also indicated that if we broke this gold trend line we would go much higher. Which happened. I outlined that a re-entry point would be in the 48-49 cent area, a retest of that support area and large trendline. Which happened. Folks, now we are forming this large...
Ripple XRP is the 3rd largest cryptocurrencies by Market Capitalization is currently trading at $0.565127 USD (+7.36%) Continue to read more.....
XRP continues to oscillate within this triangle/bull flag awaiting a move in either direction. We are currently stuck in a supply zone and have remained here for the majority of the week indicating consolidation before volatility resumes and we get a break in either direction. RSI does seem to be testing resistance again, which does show some bullish pressure...
XRP seems to be forming a flag at the moment and is sitting on the teal support line and needs to get on its horse and start moving back up to the top of the trendline and start testing the supply area. If we could break above the $0.57 area, a test of the supply zone around $0.62 is very possible. However, MACD is starting to look like it might turn over...
XRP came back down to its breakout zone and found support before resuming its upwards move. As stated yesterday, it found resistance at both POC areas before stalling where it is now around the 1.618%FIB level. RSI seems to be slowing down here but still has room to move higher before needing to cool off and the MACD histo is almost on positive territory while the...
Ripple will move down after that X2 pump, because the biggest Volume was $0.66 — $0.80. Do you think big players Buy after such up moving? Absolutely not! That was powerful accumulation of Short positions. That's why I am 99% sure that XRP will move down to $0.30 Open a Short near: $0.56 - $0.61 S/L: $0.70 T/P: $0.31 Do you think as me, that XRP will move down?...
XRP has retraced significantly from its highs and our short trade has finally come down into our profit target zone. It took some time but we finally got the move down into our demand zone around $0.44 and this level would need to hold or else the only strong support zone would be the breakout zone around $0.33. This support zone has so far held up and if we can...
After that massive rally upwards, Ripple makes a throwback (move downwards). Currently, it is on the strong support level where are the multiple monthly support and resistance levels at $0.45-$0.47 plus 50 EMA starts to work as a support level but we think it will come down even more and the first big stop/bounce would be around $0.4. The bounce criteria: 1....