#Ripple Bullish and XRP May Rally above $0.58Past Performance of Ripple
The uptrend remains when writing, but XRP is down, retracing from recent peaks at $0.58. There are fundamental drivers behind this leg-up. Whether Ripple, the company, will emerge victorious, XRP could float to as high as $0.70 in the weeks ahead. For now, XRP is recoiling from a key reaction point, and there needs to be a push higher for trend definition.
#Ripple Technical Analysis
XRP traders are bullish. Even though there is a cool-off, the immediate resistance is at $0.58, coinciding with February 2022 lows. Meanwhile, support lies at the March 21 bull bar at around $0.50. This wide-ranging bar also serves as the anchor bar that shapes the short to medium-term trend. As it is, every high above $0.50 may offer an entry for optimistic buyers targeting a retest of $0.58. This has been helped by the relatively low trading volumes of the recent days accompanying sellers. Overall, this is a net positive for traders and could support XRP from a volume perspective.
What to Expect From #XRP?
Traders expect XRP to expand and break above the multi-month consolidation above $0.58. However, the spark depends on the ongoing Ripple-SEC case that's almost being concluded. Should it be judged favorably, XRP could explode above Q1 2023 highs to $0.70 or better.
Resistance level to watch out for: $0.58
Support level to watch out for: $0.50
Disclaimer: Opinions expressed are not investment advice. Do your research.
Rippleanalysis
#Ripple In a Bull Flag, Uptrend Valid Above $0.35Past Performance of Ripple
Ripple prices remain suppressed, as visible in the daily chart. Although there are gains, buyers are not fully in control. The overall trend is upward from the XRP candlestick arrangement from December to January 2023. Nonetheless, the coin is currently within a bull flag, as has been the case after XRP peaked in January. The lower lows of the past few weeks need to be broken for a clear trend to emerge. Any bullish breakout above $0.40 could draw demand, reviving optimistic buyers.
#Ripple Technical Analysis
In the past few weeks, XRP remains under pressure. It is down 14% from January highs, with support at $0.35. With prices edging lower inside a bull flag, prices must soak any attempt for lower lows if the uptrend is to resume. As it is, traders can wait for confirmation of recent bull pressures above $0.40. If the surge is with expanding volumes, XRP may print higher in a buy trend continuing formation towards January high at $0.45.
What to Expect from #XRP?
The coin is within a descending channel, inside a bull flag. With defined limits, buyers will be in charge if prices are above $0.35. However, this could change should there be a contraction, confirming March 9 losses. In that case, XRP may drop to December 2022 lows.
Resistance level to watch out for: $0.40
Support level to watch out for: $0.35
Disclaimer: Opinions expressed are not investment advice. Do your research.
Ripple: Rip into it! 👊Why so shy? Ripple has kept to the upper half of the turquoise zone between $0.3747 and $0.1720 so far and has not yet dared to go deeper. However, we expect our crypto-friend to rip into the turquoise zone with gusto, breaking through the support at $0.2874. Below this mark, Ripple should finish wave (2) in magenta and subsequently turn upwards again. There is also a 25% chance, though, for the altcoin to climb above the resistance at $0.5587 directly instead.
#Ripple Pinned Below $0.42, Will XRP Overpower Sellers?Past Performance of Ripple
XRP prices are lagging the market and are yet to clear above current liquidation levels. The trend remains bullish, and the coin has been edging higher in the past few trading days. The immediate resistance line is $0.42, while the support is $0.36. If the uptrend is to hold, the coin must break above February high convincingly.
#Ripple Technical Analysis
There are higher highs, apparent in the daily chart. However, compared to the sell bar of February 13, trading volumes are relatively low. This is a concern since the uptrend might not be with sufficient demand. Accordingly, while prices are posting higher highs, the only assurance that the recovery is solid is if XRP blows past $0.42. Ideally, the breakout bar should be with expanding volumes, pointing to participation. In that case, XRP may expand to $0.50 in a buy trend continuation formation.
What to Expect from #XRP?
Buyers are confident, but this will only show if XRP clears above immediate resistance levels, registering new Q1 2023 highs. The primary support is at $0.36.
Resistance level to watch out for: $0.42
Support level to watch out for: $0.36
Disclaimer: Opinions expressed are not investment advice. Do your research.
#Ripple Bulls Find Resistance at $0.42, Drops 8% Past Performance of Ripple
Ripple prices dropped from January and Q1 2023 highs on January 30. The coin is down eight percent from the liquidation level at around $0.42. Following yesterday's losses, XRP prices are back to the middle BB in a retest to the dynamic support. For the uptrend to remain valid, prices must hold steady above the $0.38 and $0.40 zone.
#Ripple Technical Analysis
Bears are, from a top-down preview, in charge, per the formation in the daily chart. The immediate support is $0.42, marking December 2022 highs.
If buyers are to be in control, there must be a sharp, high volume close above last week's highs. However, if buyers fail, there will be a double top, and yesterday's bearish engulfing bar may define the short term. XRP bears may force the coin to $0.36 and $0.34 in a retracement that may heap more pressure on buyers.
What to Expect from #XRP?
For XRP to retest H2 2022 highs at $0.55, the immediate liquidation line at $0.42 must be broken with expanding volumes. Failure might trigger a sharp sell-off, swinging price action back to bearish territory after welcomed gains from mid-January 2022.
Resistance level to watch out for: $0.42
Support level to watch out for: $0.38
Disclaimer: Opinions expressed are not investment advice. Do your research.
#Ripple Bulls In Charge, Will XRP Break Above $0.42?Past Performance of Ripple
Ripple is relatively higher, tracking the rest of the crypto markets. Even though there are weaknesses and rejection from the liquidation line, XRP buyers are in control. As it is, the coin may breakout to register new Q1 2023 highs in the days ahead.
#Ripple Technical Analysis
The immediate resistance is at $0.42. Buyers may be taking profit, explaining the retracement. However, from a technical perspective, the $0.42 line is a crucial reaction point that buyers must overcome. In that eventuality, the breakout must be with rising volumes. This move would allow buyers to double down, targeting $0.50. Conversely, any loss below $0.39 and January 23 low may slow down the uptrend, allowing traders to ramp up their liquidations.
What to Expect from #XRP?
Bulls are in command, but prices are retracing from a critical resistance level. For confirmation, there must be a definitive close above this line. This would rejuvenate buyers targeting November 2022 highs.
Resistance level to watch out for: $0.42
Support level to watch out for: $0.39
Disclaimer: Opinions expressed are not investment advice. Do your research.
#Ripple Underperforming, Will XRP Break $0.42?Past Performance of XRP
XRP is, compared to BTC, underperforming. The coin is within the November 8 and 9 bear trading range at spot rates. Besides, participation levels behind the recent surge are with lighter trading volumes, pointing to apprehension. This could be due to fundamental reasons. All the same, XRP needs to close above $0.42 for trend definition.
#Ripple Technical Analysis
The bull bar of Jan. 2 is the anchor of the current formation. Though XRP is up 26 percent from this month's low, the uptrend is not convincing. Trading volumes are low, and prices are moving in a tight range. Moreover, since prices are within the bear bar of Nov. 9, sellers have the upper hand from an effort versus result perspective. Nonetheless, XRP bull bars are banding along the upper BB. Traders can search for loading opportunities above $0.371 and the middle BB, targeting $0.42. Losses below $0.371 with rising trading volumes will cancel this preview, swinging price action in line with losses of Nov. 9, of which XRP prices are still capped in.
What to Expect from #XRP?
The bulls are upbeat, but they can do better by overcoming the resistance at $0.42 and changing the narrative. Support lies at $0.371. If broken, the coin may return to around $0.33 in a retest.
Resistance level to watch out for: $0.42
Support level to watch out for: $0.37
Disclaimer: Opinions expressed are not investment advice. Do your research.
XRP/USDT Price Prediction and Bi-Yearly Targets 2023The crypto space after displaying a significant upswing since the beginning of the 2023 trade has been undergoing a minor correction in the past few hours. The asset has been extremely less volatile, and probably could be accumulating gains to propel high very soon. With a larger price action, the XRP price could reach $0.5 initially which may find higher targets in H1 2023.
The formation of the large inverted hammer a couple of days ago indicated that the sellers could imply huge pressure on the price and pressed the price lower. This broke many longs and compelled the price to remain consolidated along the support levels. However, some of the market participants quickly jumped in and accumulated the token at lower prices, enabling a notable upswing later.
The XRP price has been recovering in a parabolic way and hence subjected to reach the neckline with a gigantic rise of 75%.
The XRP price recently rebounded from the lower support zone and displayed its self-assurance in raising beyond the crucial resistance in the next couple of weeks. While the main goal of the price is to surge by more than 80% and close the bi-yearly trade close to or beyond $0.7, the XRP price may achieve it in 3 phases by setting 3 goals.
--Initially, the price may sink slightly to reach $0.30 to $0.31 to attract more players to jump in which may bring about more liquidity required to trigger a notable upswing
--The second goal of the rally could be the distract the competitors who have taken a long position over the past few months. This has been practised before and may happen again where-in the price may range beyond $0.45 and try to reach $0.5 levels before the end of Q1 2023
--Undoubtedly, the bears could try to slash the price lower towards the descending trend line but eventually, the bulls may make it towards the crucial resistance residing at the ascending trend line, laying down the targets close to $0.7 by the end of Q2 2023.
With this, the Ripple (XRP) price may accomplish the cup & handle pattern to some extent and keep up the bullish trend for the rest of the year 2023.
#Ripple's Trading Volumes Spike as XRP Bulls Reject $0.30Past Performance of Ripple
Ripple is one of the most actively traded coins when writing. Briefly, on January 1, the coin dropped to as low as $0.30. However, within hours, prices recovered, adding 14 percent. XRP could be under pressure when writing, but it appears bulls are rejecting attempts to push prices lower. In the short term, the zone between $0.33 and $0.37 is critical for traders.
#Ripple Technical Analysis
There are fundamental factors at play influencing price action when writing. What's clear is that buyers are solid, and XRP has the potential to edge higher. If there is a follow-through of the January 2 bull bar, XRP may quickly soar above $0.37, especially if trading volumes are high. Based on the current setup, traders may look to load on a dip above $0.33 with targets at $0.42, the November 9 liquidation level. Any dump below $0.33 may see XRP crater to $0.30 in a bear continuation formation.
What to Expect from #XRP?
Traders are closely watching how the Ripple-SEC case will conclude. This landmark lawsuit will have a massive bearing on XRP, regardless of how the judgment favors. For now, gains above $0.37 may be a solid foundation for even more gains toward $0.50 or higher.
Resistance level to watch out for: $0.42
Support level to watch out for: $0.33
Disclaimer: Opinions expressed are not investment advice. Do your research.
#Ripple Support at $0.37, XRP Down 31% in 3 MonthsPast Performance of Ripple
Ripple prices are dropping, aligning with the broader state of crypto. As it is, there are lower lows relative to the upper BB, an indicator of fizzling upside momentum. Overall, XRP is within the November 9 bear candlestick, a net bearish despite the general trader confidence in the tail end of 2022.
#Ripple Technical Analysis
XRP prices are broadly within a consolidation range. There is a squeeze in the daily chart following the consolidation of the past few days. Despite the confidence, buyers may take charge until XRP surges above $0.40, forcing the coin towards $0.45 and November highs at $0.50. Presently, XRP upside momentum is low, and the coin may fall below this week's support at $0.37. In that case, Ripple may retest $0.30 and November lows, an opportunity for aggressive traders to double down.
What to Expect from #XRP?
Ripple is under pressure, as visible in the daily chart. To illustrate, XRP is down 31 percent from September highs. Although there have been gains, XRP bulls have failed to follow through, heaping more pressure on the coin.
Resistance level to watch out for: $0.40
Support level to watch out for: $0.37
Disclaimer: Opinions expressed are not investment advice. Do your research.
#Ripple up 28% from Nov lows, XRP Support at $0.30Past Performance of Ripple
Ripple is up 25 percent from November lows, looking at the performance in the daily chart. Even though the coin is relatively steady at spot rates, the path of least resistance remains southwards as long as prices are below $0.55—or October highs. Another worthwhile observation is that the coin recoiled to wipe out gains from September to October 2022, swinging back price action in favor of sellers. Presently, sellers are in charge. However, bulls will find relief if prices are above $0.30.
#Ripple Technical Analysis
XRP prices are within a $0.25 range, with resistance at $0.55 on the upper end and $0.30 on the lower end. Even though buyers have the upper end at spot rates, printing higher from November lows, trading volumes are low, and prices are within the November 8 and 9 bear candlesticks. Therefore, while there are indicators of further gains, until XRP bulls pierce $0.43 and November 9, pushing higher is when the coin could soar to $0.55 in a refreshing recovery. If not, every high below $0.43 is favorable for aggressive sellers targeting $0.30 from an effort versus results perspective.
What to Expect from #XRP?
XRP is printing higher highs from the lower BB, pointing to increasing bullish momentum. However, resistance is at $0.43, and the general trend is bearish. Unless there are high volume gains above last week's highs, sellers are in control, and prices may drop to November lows.
Resistance level to watch out for: $0.43
Support level to watch out for: $0.30
Disclaimer: Opinions expressed are not investment advice. Do your research.
Ripple: Let It Rip(ple)!Ripple is in the doldrums, dilly-dallying sideways and occasionally drifting downwards, while the altcoin should actually let it rip and develop strong upwards momentum. We expect it to get its act together and make it above the resistance at $0.5587, heading for the yellow zone between $0.7710 and $0.9060. However, there is a 48% chance that Ripple could slip below the support at $0.4173 and take a short detour to finish wave alt.(2) in yellow first before moving upwards.
XRP Adds 7% in 3 Days at the Back of Solid Ripple FundamentalsPast Performance of Ripple
XRP prices are relatively firm, reading from the formation in the daily chart. All the same, bulls have failed to dominate though they have a better chance. As evident from price charts, buyers are in control. The coin is within a bullish breakout pattern with resistance at $0.55 and support at $0.40.
Ripple Technical Analysis
The path of least resistance is northwards, and XRP is within a bull breakout formation following gains of the fourth week of September. Notably, the failure of sellers to press lower means losses of the first half of October completed the retest. There was a double-bar bullish formation printing late last week with a clear bullish engulfing bar. This points to strength, mainly because the accompanying volumes were decent. Since prices are firm, aggressive traders can load on dips above the $0.43 to $0.45 zone, targeting $0.55 in the medium term. Unexpected sharp losses and unwinding gains of September 22 invalidate this preview.
What to Expect from XRP?
Ripple fundamentals are solid, and XRP has been generating decent trading volumes. Therefore, the revival of prices and rejection of lower lows by the close of last week is a net positive. In a retest, aggressive traders found better opportunities, and the expected trend continuation may see the coin expand in the weeks ahead.
Resistance level to watch out for: $0.55
Support level to watch out for: $0.40
Disclaimer: Opinions expressed are not investment advice. Do your research.
#Ripple Remains Bullish but XRP Upsides Limited at $0.55Past Performance of XRP
The ongoing SEC case has largely influenced the recent performance of XRP prices. From the XRPUSDT daily chat, buyers have the upper hand. Technically, XRP is within a bullish formation and trading above $0.40 with decent trading volumes. Of note, even as the broader crypto market contracted, XRP bulls have been firm, rejecting any attempt lower. Therefore, as long as prices are trading above $0.40, buyers are still in control.
#Ripple Technical Analysis
The immediate trend is bullish, and XRP is within a bullish breakout formation. The September 22 bull bar sets the trend in the near term. Therefore, from an effort-versus-result perspective, traders may begin looking for entries on every pullback, targeting September 2022 highs at $0.55. Further gains may see XRP expand to $0.60, retesting Q1 2022 lows. In anticipation, and with the trend set, traders could ramp up on the current retest, accumulating as they wait for the ride up. This preview, nonetheless, is only valid if prices are above $0.40. If there are deeper losses, the breakout formation will be nullified.
What to Expect from #XRP?
Conservative traders may stay on the sidelines until there are gains above September highs. Then, there would be no doubt about the upside's momentum. How prices react at, or around, $0.40 would signal whether buyers or sellers have a go-ahead.
Resistance level to watch out for: $0.55
Support level to watch out for: $0.40
Disclaimer: Opinions expressed are not investment advice. Do your research.
Ripple: Fighter 🥊🥊Makes me that much stronger
Makes me work a little bit harder
It makes me that much wiser
So thanks for making me a fighter
Made me learn a little bit faster
Made my skin a little bit thicker
Makes me that much smarter
So thanks for making me a fighter
Although we are quite sure that she is not, Christina Aguilera could very well be speaking from Ripple’s point of view in her song Fighter. The altcoin has been battling its way upwards and has nearly managed to reach the upper yellow zone between $0.5691 and $0.6329. Now, it should rebuild and then continue to climb into this area, where it should then finish wave (3) in yellow. After a countermovement into the lower yellow zone between $0.5250 and $0.4756 to complete wave (4) in yellow, Ripple should resume the overarching ascent.
XRP | The Price May Rise Further After The BreakoutXRP | The Price May Rise Further After The Breakout
On the lower part of the structure XRP testested
the old and the strongest support area again by creating in this way a bullish triangle.
The price is actually above the pattern by increasing the chances
for the next bullish movement.
It looks like it will not stay for a longer time period in the zone were it is right now.
Targets:
🎯 0.44491
🎯 0.58862
Thank you and Good Luck!
XRPUSDT 4h XRP price behaves strongly on an uncertain marketA month and a half ago, we published a global idea for a pair XRPUSDT, please familiarize yourself with it, because it is working.
Then the price behavior of XRPUSD and BTCUSDT was similar, but now they are different.
While the BTC price is thinking about renewing the minimum or not, the XRPUSDT price is trading +25% above the minimum recorded in June 2022.
That is, the XRP buyers show that they are strong, despite tomorrow's meeting of the Fed and the totally negative sentiments of the participants of the cryptocurrency and stock markets.
There will definitely be increased volatility in the market tomorrow.
If you used our thoughts from the previous XRPUSDT idea, then place a break-even stop at a position around $0.330, and you will be lucky)
Holding a XRPUSDT position if the price is able to consolidate below $0.330 can be dangerous for your deposit.
And now the bonus
if you want to hear our thoughts on tomorrow's Fed meeting, what will happen with the rate and how it may affect the cryptocurrency market, then subscribe to us on Tradingview.
Early tomorrow morning, we will publish an idea on the BTCUSDT chart, and in the description we will write our thoughts about the meeting of the Fed and how the change in the rate can affect the cryptocurrency market.
Well, if you are subscribed to us, you will first receive a notification about a fresh idea, and accordingly you will have more time to make a trading decision.
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XRP bearish flag#XRP/USDT
$XRP is trading inside ascending channel and price is above lower zone of this channel.
🐮 breaking out from resistance zone of $0.34 will increase price to upper resistance zone which is the same with middle zone of the channel.
🐻 break down from lower zone of channel will active bearish flag pattern and possible to drop price to support zone around $0.3 and $0.26.
#Ripple Edging Lower, XRP Upsides Capped at $0.35Past Performance of Ripple
According to the candlestick arrangement in the daily chart, Ripple prices are trickling lower at spot rates. Even though fundamental factors may align to prop buyers, technical charts point to strong and determined sellers. The immediate reaction points remain at $0.35 and $0.30, and XRP prices are within a bear continuation.
#Ripple Technical Analysis
According to the daily chart, sellers are dominant, and XRP bulls have failed to slow down further price drops. The August 26 bear candlestick diffused bulls' momentum and concurrently confirmed losses of August 19. Subsequent losses meant traders were aligning with the primary trend. The selling pressure remains high as bear bars are riding the lower BB, suggesting participation from traders. As such, aggressive traders can initiate positions to mirror the current trend with immediate targets at $0.30. Any surge above $0.35 disqualifies this preview, allowing for XRP recovery.
What to Expect from #XRP?
The primary trend is bearish, and traders can initiate shorts on every pullback in lower time frames. As long as XRP prices are below $0.35 and defined by the August 26 bear candlestick, sellers will have the upper hand.
Resistance level to watch out for: $0.35
Support level to watch out for: $0.30
Disclaimer: Opinions expressed are not investment advice. Do your research.