I frequently watch various XRP videos where individuals predict a price surge, ranging from $10 (the "less" optimistic view) to $100 or even $1000. These predictions often come with fantastical explanations about why such increases will occur. However, the harsh reality contradicts these optimistic forecasts, as XRP hasn't shown significant movement during this...
Ripple is currently in a slight bull channel inching its way back up to the $0.64 resistance level. Will XRP break it here or fall down to the $0.58 range before breaking through? How do we trade this? 🤔 XRP is in a bull channel, which means our bias should be long until the pattern is broken. We should be seeking a strong bull signal and confirmation bar...
Last time we looked at XRPUSD (Ripple) was 3 months ago, giving the most accurate pull-back buy entry we could get (see chart below): Following the SEC news on July 13, the price broke above $90 for the first time since April 2022 but since then started a decline which in two aggressive parts eventually broke below the 1D MA50 (blue trend-line) and hit both...
My name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️ I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise. This is how you build real long term...
XRP From 13-07-2023 to 18-08-2023 Disclaimer: This is for educational purpose only. This is not a financial advice.
XRP’s HTF was bearish and could set a pullback retest on the key price zone of $0.407 - $0.434. The zone was key resistance in late November/ early Q1 2023 but was flipped to support in Q2 2023. If the zone doesn’t crack, a positive price reaction could offer a long opportunity, targeting the bearish OB and a recent lower high of $0.527. Entry: $0.434 Target:...
It was on December 30 2022 when we last analyzed XRPUSD and gave you a long-term buy signal at the bottom: Following that it has been trading within a Channel Up pattern starting on the June 14 2022 market bottom, so effectively for a full year. The current short-term Cup formation was last completed on January 23 and started a 6 week pull-back before making...
XRPUSD eventually followed the trading plan we posted on September 16 as it broke above its (former) Triangle, hit the 1D MA200 (orange trend-line target and almost touched the 0.618 Fibonacci retracement level: The rise however was contained just within the May 2021 Lower Highs trend-line, which is the Bear Cycle's Resistance. Even though the 1D MA200 was...
Ripple (XRPUSD) got rejected this Tuesday on the 1D MA50 (blue trend-line) in the aftermath of the worse than expected CPI report. That rejection was performed on the top (Lower Highs trend-line) of the Triangle pattern that the price has been trading in since the July 13 Low. Naturally, as long as the price remains within the pattern, the trend remains neutral...
XRPUSD made its last Low on June 18 and since then attempted a rebound. So far this has been rejected twice on the 1D MA50 (blue trend-line), below which XRP has been trading since April 15. Even in the event of a break-out, there is still the March 28 Lower Highs trend-line to consider, breaking of which should be the strong medium-term buy signal towards the 1D...
Hi guys ... | After checking the Ripple chart: - The downtrend of Ripple is over! - The best point to buy was the price of 0.663 But now that the price of bitcoin has dropped, Ripple has the opportunity to buy again! Let's go to raise the price 🚀 Thanks :)
XRPUSD got rejected on the 1W MA50 (blue trend-line) for the second time in two months. Basically, it has been trading below the 1W MA50 for the whole year. At the same time it has been trading under the bearish pressure of the Lower Highs trend-line since the April 2021 High. This is not unfamiliar territory for XRP as every single Cycle it traded, has formed...
XRPUSD is on a very strong green 1W candle, the strongest since August 09 2021, posting so far a sizeable recovery in the past 2 weeks. As a result, the price is currently testing the 1W MA50 (blue trend-line), which is the technical Resistance during corrections. Interestingly enough, the correction since the April 12 2021 weekly high, shares the same...
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...
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...
The cryptocurrency market is now full of uncertainty. Ripple corrected by 7% after the recent growth, now on the chart locally you can see the wedge pattern, at the moment the price is near its lower border, if the price continues to trade near this border, it could be a signal that xrp will break it and go lower! Probably the best entry point is when the price...
Last week the 1W MA50 (blue trend-line) held and that was enough to give XRP a respectable push to the upside. Whether that can be sustainable or not, it remains to be seen, but last time the 1W MA50 has been holding for that long was during XRPUSD's last Bull Cycle and more specifically in its 2017 Mania Phase. As you see the similarities are uncanny. Both Bear...
XRP has not shown strong moves for a few days and is now trading along its trend line, slowly approaching the local top. If the price trades near the local top, breaks it, and tests it as support, it could be a good entry point with targets higher! Write in the comments all your questions and instrument analysis of which you want to see. Friends, push the like...