The Only XRP Analysis You NeedIt's possible they will do one last fake out (.71-.80~ area) before we dip to .44-.30 area where we will most likely consolidate for the next few months.
When we do dip to the next consolidation area, expect the shills to go on full bull run mode saying that the correction is over. DON'T BUY THEIR B.S.
XRP is correlated to BTC. Sorry folks the narrative about decoupling is still few years from us, so for now we stay with what's true. If BTC goes down, so will XRP. Now about the other catch. BTC is correlated to the stock market. If S&P and Dow even make a 4% correction, expect BTC and the entire crypto market to plummet. Every indicator right now is pointing towards the stock market having a major correction, perhaps more than 4%, in the near future. Maybe even the next few weeks. Which is the switch I'm looking for to send XRP down to my targets.
The three targets I have on the chart are .21, .16, and even .10 cents per XRP.
These targets will be where the whales are waiting so I expect these to be quick wicks that will last no more than 30 mins to an hour before we go back to the consolidation area.
The longer BTC consolidate on the 30k area, the higher the chance that we will plummet to these expected targets.
Xrpshort
Gartley Pattern in (XRP) !!!!BINANCE:XRPUSDT
By completing this pattern in the specified areas, we can enter this downward movement by observing the stop loss and profit limit.
Free signal
Tip 1: The trend may move in the opposite direction during a fundamental news story
Tip 2: Be careful of your movements and actions. This is just a personal suggestion and opinion
#xrp
bf
XRP retesting 50 cents?Strong support at .59 broken, next strong support at .509. Looks like the pullback after impulse wave to me, not sure since im still not good at counting. If BTC closes below 28k, expect further retracement for xrp to .36.
What are your thoughts?
Not a financial advise, just a newbie trader sharing his ideas :))
Why Ripple Price Holding Above $0.8 Fails To Excite Investors?Ripple dealt with massive bearish calls last week amid the drop from levels slightly above $1. Many analysts believed that the cross-border money transfer token headed for a significant dive to the support in May at $0.65 and perhaps extend the down leg to $0.5.
However, XRP eagerly embraced support at $0.8, allowing bulls to push the price to higher levels. Nonetheless, since the week started, the international money transfer token has not made any appreciable gains above $0.9.
When will Ripple price come out of this crucial range?
In the last few days, XRP sustained in a narrow range between $0.8 and $0.9. The immediate downside sits on top of the 50 Simple Moving Average (SMA) support on the four-hour chart.
As long as this support is intact, bulls will focus on gains above $0.9 and toward $1. On the other hand, closing the day under this same level may see XRP testing the lower range limit at $0.8.
The Moving Average Convergence Divergence (MACD) indicator currently levels at the zero line. This indicator identifies positions to buy the dip or sell the top, especially in a trending market, by following the asset’s trend direction and momentum.
Note that the leveling motion has no definitive direction; thus, Ripple price consolidation will likely continue to the end of the week. However, the MACD line (blue) may help traders figure out the next breakout direction.
A MACD line crossing above the signal will be a bullish signal, calling buyers to increase their exposure in anticipation of gains toward $1.
On the flip side, the MACD line crossing beneath the signal line would imply that losses would take precedence. Apart from $0.8, other key anchor zones are $0.7, $0.65, and $0.5.
Ripple price intraday levels
Spot rate: $0.86
Trend: Sideways
Volatility: Low
Resistance: $0.9
Support: $0.8, $0.7 and $0.65
XRP - 15min Chart - Short scenarioLooking to take a Short if price should move as drawn with the blue arrow:
- Price moves above the blue line
- Price drops again under it where i plan to take on a retest to short
- Nice confluence with Fib Levels aswell Weekly open
Dont forget:
- Watch your Risk management
- DYOR (Do-Your-Own-Research)
- This information / article is only for educational purporses and not a recommendation to buy or sell.
I'm not a Financial Advisor.
Thanks for reading!
trader_se
XRP - 4h Chart - 1 long and 1 shortCurrent plans:
Scenario 1: Long (blue arrow)
1. Falling under 50% of the Range
2. Reclaiming the 50% level
3. Buy on a retest of it.
Target: Top of the range
Scenario 2. Short (yellow arrow)
1. Price falling under 50% level
2. Generating Lower Swing
3. Rebuy on the level after breakdown
Target: Bottom of the range
I posted the last days two other ideas to XRP dont confuse them and watch timeframes and scenarios.
Dont forget:
- Watch your Risk management
- DYOR (Do-Your-Own-Research)
- This information / article is only for educational purporses and not a recommendation to buy or sell. I'm not a Financial Advisor.
Thanks for reading!
trader_se
XRP SHORTS LOOKING WELL OVERSOLDEven my 4 year old daughter could figure what happens next on this chart. A BIG RED CANDLE enters and destroys everyone short positions.
People shorting XRP is at an ATH!!!! CRAZY if you ask me! Yes we had a "healthy" and scary "CORRECTION but we have V bottomed perfectly on the FIB retracement level.
Have people have lost faith in XRP and are shorting it to go even lower?
We all know what happens to the masses! They get burnt. I would be changing those leverage SHORT SELL ORDERS TO LONGS FOLKS....
If your shorting XRP let me know. Would be interesting to see why
Ripple are about to break some massive news in the next week and people are shorting XRP = CRAZY!
Ripple (XRP/USD) Entered Crucial Stages2 weeks ago, we have BTC passing its red zone. There is still no sign of BTC dropping again.
In the past few days, BTC and Alts are making upward movement, and let's enjoy the Crypto's Spring.
I notice XRP is about to pass its red zone. The rule still the same as the BTC/USD red zone.
If it can pass above 0.36ish, is safe.
Ripple short termHello trenders,
For the bravest here we have high risk setup with tight SL. Even though XRP kicks spikes to close your position if you know how to read candles you will be fine.
Volume sucks, if trend changes will be welcome for Hodlers :D
Good luck.
MMM (Make Motherf.ckin Money)
Invest your money wisely, be patient.