WARNING, I only analyze, if the prediction is right and the prediction is wrong, I have measured the risk
XRP price extends the bullish leg, stepping above $1 for the first time since May. Ripple’s ongoing breakout seems unstoppable, especially if bulls hold firmly to $1. Ripple has been one of the best-performing cryptocurrencies in almost three weeks. The international money transfer token currently trades 96% higher than the low in May and July. Support at...
Like all the crypto market, also Ripple has had a strong and nice rally. However, at this moment, XrpUsd is entering a strong resistance zone and a correction could follow. 0.77 and 0.71 are support and these are the points of interest for buyers. Short term speculators also can trade on the short side with these as targets
After the double bottom in the 0.5 area, XrpUsd has broken the neckline of the pattern and for more than a week now is slightly correcting and consolidating. The pair looks ready for a new leg up and 0.9 could be the target.
Ripple has recently grown by 50%. After the price reached $0.75, a decrease in market strength was visible and every upward move was immediately followed by a correction. The stock reached $0.77 and has corrected by 9%. The price has now broken through the upside structure and tested the lower boundary as resistance. This is a signal for a continuation of the...
After the double bottom from around 0.5, XrpUsd has risen nicely, gaining almost 0.25 usd Now the cryptocurrency is approaching 0.8 which should be a strong sell zone and technical resistance Rallies to that zone should be sold for at least a correction to 0.7 now support
The Ripple topped out at $0.755, gathered liquidity, and is now correcting 6.5% from its high. Now the price has come to the local support zone, there is a chance that the price will go even lower than the local liquidity zone and then go up. If Ripple follows our scenario, comes to the boundary of $0.756, and starts to tighten, it would be a good buying...
After Ripple (XRPUSD) started a recovery rally from the 3-month low at USD 0.5097 in June to USD 0.7331, there has been a weak attack in the past few weeks and another successful test of the low. The most recent price surge finally carried the coin lively over the downtrend line from the rally high. Soil formation ahead? The short-term chart image has thus...
The Ripple chart shows a strong support level of $0.587. XRP is starting to push towards that level, which signals that the move downward may continue. If the price breaks this level and tests as resistance, it would be a good opportunity to sell. The target for this move is low at $0.5, there might be enough liquidity for buying, if there is a strong volume...
Hello Traders! Check Related Idea for market context!! Looks like the structure will break the low, and then we can look for bullish clues to buy. 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...
Since the end of June Ripple is putting in lower highs and it has a clear floor around 0.6 figure. As I expect a new wave of selling in the crypto market, Ripple will not be spared for sure. I will look to sell with a first target at 0.5 support but in the medium term, XrpUsd can drop to 0.4
Ripple has started to fall again and at this point is treading just in 0.6 zone support In my opinion this support will not hold for long and XrpUsd will fall to the next one at 0.5
Although bullish hidden divergence and divergence have formed but it is only a divergence in one valley which indicates the increase is only temporary. I expect the downward momentum to remain strong and will likely go to the previous fibo buy level area around 0.47562 to 0.24400 to complete the pullback. Looking at the fundamentals of Ripple or XRP, it is one...
Yesterday the picture looked strongly bullish and that kept me busy, in the end, it was another trap, bitcoin and all altcoins broke their local trend lines , and then we saw a market correction. At the moment it is hard to predict the market trend, most likely the price will go to update its local lows, so I am following the market and sharing my analysis of...
XRP, like bitcoin, has not seen significant movement on the chart for several days. The price is currently trading near the bottom of the triangle. It is likely that BTC will go up and altcoins will also go up. If XRP comes to the upper boundary of the triangle and starts consolidating near it, that would be a good buying opportunity, even better if the price...
Yes, you guess it right there are two illustrated Honeymoon plans on the chart with your 'Honey' Crypto. As you see the chart from the recent All-Time High from 64000 to the Last Swing High 18992 in December 2017 before Big Monster Bull Run started after the breakout in October 2020, now we have already retraced 78.6% at 28815 during this recent 'Fatal Crash'...
After the recent drop to 0.5, Ripple corrected to 0.75, but has started to fall again, making lower highs and the recent price action is resembling a descending triangle. 0.6 is the base of this triangle and a drop under looks imminent. Short therm traders can target 0.5 support
After a short visit to 0.5, Ripple has started to rise and is trading at 0.67 at the time of writing. The rise is clearly corrective in nature and I still expect a drop to 0.4 0.8 is strong resistance at this point and rallies towards that zone should be sold