Ripple- 2.5 is the technical targetThis correction for Bitcoin found Ripple consolidating, if we look at the bigger picture, and every new low for Btc had a higher low correspondent in ripples' case.
If we were to make an analogy with recent development in Eth price, we can expect a similar outcome...
In my opinion, with selling power lifted from BTC, a break of triangle's resistance is imminent and 2.5 is the technical target
1.2 si very strong support at this moment
Ripplelong
💡Don't miss the great buy opportunity in XRPUSD @Ripple
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.4485).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XRPUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 53.
Take Profits:
TP1= @ 1.6361
TP2= @ 1.7649
TP3= @ 1.9619
TP4= @ 2.0798
TP5= @ 2.6238
SL= Break below S2
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💡Don't miss the great buy opportunity in XRPUSD @Ripple
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.4485).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XRPUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 53.
Take Profits:
TP1= @ 1.6361
TP2= @ 1.7649
TP3= @ 1.9619
TP4= @ 2.0798
TP5= @ 2.6238
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
RIPPLE ANALYSIS (BUY)XRPUSD seems to have completed its correction. We can assume this to be a running flat correction as price seems to have failed a complete distance of (a). As can be seen on the chart, both (a) and (c) lie on the ascending support extended from the impulse of the third wave. Also, (a) was a perfect retracement of the .50 fib and (c) was a perfect retracement from .382 level with the ending of the wick at .786 of (a).
With this bullish skew, we can expect a very strong impulse to the upside. My price target on XRP is $12. I will continue updating this chart as price unfolds as has been.
I highly recommend you to review my initial ideas and updates in the links provided below.
Please show your support by leaving a like or comment below and follow for more updates.
Thanks
Good luck trading.
Ripple price firmly holds crucial support as $2 beckons Ripple once again lost steam during an approach to $1.6. A correction began on Wednesday as bears put pressure on the support areas at $1.5 and $1.4, respectively. The news that Tesla had suspended Bitcoin payments for its electric vehicles sent the market in bloodshed led by BTC’s drop under $50,000.
Ripple could resume uptrend toward $2
The retreat from highs close to $1.6 embraced an anchor at $1.33, reinforced by the 50-day Simple Moving Average (SMA). This anchor brought back some semblance of stability in the market and prevented Ripple from exploring levels toward $1.
At the time of writing, XRP trades at $1.35 after bouncing off the critical support. On the upside, a delay is expected at $1.4, but once the hurdle is broken, Ripple bulls may start lifting to higher levels.
The Relative Strength Index (RSI) reveals that the bullish grip is becoming stronger. This move comes after the trend strength indicator bounced off support at 45 and is currently moving to the midline. A continued movement toward the overbought region would affirm to the investors that the slightest resistance path is upward.
It is worth mentioning that Ripple is not out of the woods yet based on the Moving Average Convergence Divergence (MACD). For instance, the MACD line’s divergence under the signal line keeps widening, insinuating that the bearish outlook is apparent. Therefore, it calls for caution and waiting for a validated break before going all-in on XRP.
Ripple intraday levels
Spot rate: $1.35
Trend: Bullish
Volatility: Low
Support: $1.33, $1.2 and $1
Resistance: $1.4, $1.6 and $1.8
XRP selling slows down while buyers make a comebackRipple appears to have renewed the uptrend following the flash drop from $1.6 to $1.2. Overhead pressure seems to be diminishing as bulls take control. Several hurdles have already been overcome, whereby XRP currently trades at $1.52.
Ripple’s slightest resistance path is upward
The cross-border money transfer token is immediately supported by the 100 Simple Moving Average (SMA). Other key support levels include the 200 SMA, $1.4, and $1.2. As long as support areas remain intact, bulls will have ample time to focus on building the bullish momentum toward $2.
Meanwhile, Ripple’s immediate upside is limited by the 50 SMA. A confirmed break above this level is needed to reinforce the upswing eyeing levels above $1.6.
Various technical levels have aligned for an upswing to $2. For instance, the Relative Strength Index (RSI) shines a light on an improving bullish grip. Following the dip to the oversold region, the RSI recovered above the midline and imminently headed to the overbought area. XRP has enough room for growth because it is nowhere near overbought conditions.
The Moving Average Convergence Divergence (MACD) hints at the ongoing uptrend pulling to higher levels. This bullish impulse has come into the picture as the indicator begins recovering from the negative region.
Investors are likely to increase their positions in Ripple if the MACD line (blue) crosses and sustains a divergence past the signal line. Moreover, it is a massive bullish signal when the MACD strikes above the mean line (0.00).
Ripple intraday levels
Spot rate: $1.52
Trend: Bullish
Volatility: Growing
Support: 100 SMA, $1.4 and $1.2
Resistance: 50 SMA, $1.6
XRPUSDT (Ripple) Good BUY!XRPUSDT (1H CHART) Technical Analysis Update
XRP/USDT currently trading at $1.60
Buy-level: Above $1.55 - $1.60(Wait for the small retracement)
Stop loss: Below $1.48
Target 1: $1.67
Target 2: $1.71
Target 3: $1.76
Target 4: $1.90
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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XRP takes off for a colossal technical liftoff eyeing $2.3Ripple finally embraced the vital support at $1.3, allowing bulls to take the mantle. The bullish leg extended above the 50 Simple Moving Average (SMA) on the four-hour chart near $1.5, further cementing the bull’s presence in the market. Last week’s resistance at $1.6 seems to have bolstered XRP beyond $1.7.
At the time of writing, Ripple is exchanging hands at $1.7, following a 17% growth in the last 24 hours. The cross-border token has attracted a $15 billion trading volume across all platforms and boasts $78 billion in market capitalization. XRP is working toward reclaiming the fourth spot by unseating Dogecoin.
Ripple rally toward o$2.3 builds momentum
An ascending triangle formed on the four-hour chart is a massive bullish signal. This pattern develops during an uptrend and signifies the continuation of the previous trend. A couple of trend lines make the pattern, connecting the relatively equal peaks and the ascending lows.
The horizontal line (x-axis) shows that sellers gradually lose traction while the hypotenuse shines a light on a strengthening bullish outlook. A final break past the x-axis usually culminates in a significant upswing. The breakout is characterized by an increase in volume and has an exact target measured from the triangle’s highest to lowest points.
The ongoing uptrend seems to have been seconded by the Moving Average Convergence Divergence (MACD) indicator. In addition to entering the positive region, the MACD line has crossed above the signal line, which is a bullish signal.
Consequently, the Relative Strength Index (RSI) on the four-hour chart reveals that the slightest resistance path is upward. A break past $2 will likely trigger massive gains to close the gap heading to $2.3.
Ripple intraday levels
Spot rate: $1.7
Trend: Bullish
Volatility: High
Support: $1.6 and $1.3
Resistance: $1.75 and $2
4HR $XRP with 3 take profitseverything pointing up, trade within the trend line going up. if it breaks of course this is not confirmed anymore. 3 take profit zones
this has consolidated and held at support for sometime
once the Doge coin pump is over i guarantee you all the profits are flowing into other alt coins, tiktok and twitter trades do not take profits lmfao
RIPPLE : WELL RECOVEREDGreeting from IRAN to whole trading community
Ripple has made a new ATH in 14th April
After that it started a downtrend and lost 2 major support levels (1.5$ & 1.2&)
After about 10 BEARISH days Ripple started a new uptrend and has broken its major downtrend (Red Dotted Line)
Then price has broken 2 major resistance levels and maintain above 1.5$
The time for Ripple has come let see if Ripple could rise higher than 2$ or not?
OP : 1.55$
TP : 1.9$
SL : 1.39$
RoR : 2.2
KEEP IT SIMPLE :)
XRP when M00n ?so let's sit and see where XRP will go on his next move while the King is starting to be strong again. XRP could easily reach 10$ at the end of this cycle or much more, anyone knows, time will speak. Like Fibonnacci said " Everything goes up have to go down ", according to this rule the way up could be followed by some retracements, just the basic way of traders life.
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Trading Parts :
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Take Profits Zones :
- Tp1 : 2.5$
- Tp2 : 3.5$ (2017 Bull Run ATH)
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Retracement Buy zone :
- 1$ Starting to become a good support
- 0.75 Strong support on EMA100
- 0.60 When XRP reach back this Zone it's a free gift. All in.
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Like always trade safe and Watchout for the King Moves !
Happy Tr4Ding !
RIPPLE (XRPUSD) LONG $1.9 Quick analysis on RIPPLE (XRPUSD) using both wave theory, Fibonacci analysis :
Wave theory Analysis:
1) XRP had a nice IMPULSE run-up from Apr 4th to Apr 13th going from $0.58 to $1.96 as shown in my 5 point wave in the diagram above
2) After a good impulse phase comes the CORRECTION phase, markets usually stay two-thirds of the time in a correction phase
3) Looks like the correction is a ZIG-ZAG correction look at my wave A-B-C where Wave A touched FIB 61.8% and Wave B is a symmetrical triangle with a nice (3-3-3-3-3) pattern
4) Corrective wave C came down to FIB 78.6% i.e. $0.9
5) The next 5 series impulse wave started as indicated in blue wave line, it also broke the downward channel at $1.1 and started to climb up to $1.4 and hit resistance
6) I believe waves 1,2,3 are done and the resistance is hit at $1.4
6) Once this resistance is made as support and UPON confirmation it's going to go on the next impulse wave 5 to $1.9 target price
Summary :
-------------
1) Looks like the bulls/buyers took control
2) Resistance level in the yellow box is being tested at present
3) Upon confirmation, the resistance is turned into support and goes up in the next impulse leg to the price target
Happy trading, feedback is always appreciated
IS RIPPLE ABLE TO BREAKOUT ITS DOWNTREND?Greeting from IRAN to whole trading community ✔💙
Ripple has experienced 3 PUMPS is less than 2 weeks , then it started reteracement downtrend (Red dotted line)
Ripple has broken its major support level and price has dropped lower than 1.5$
Then we saw some support reactions on the next support level at 1.2$
Price came back to its previous level 1.5$
And now its on a critical spot , Junction of dynamic resistance (trend line) and static resistance
If price could break 1.5$ level , it would be a great long opportunity
So keep eye on Ripple and wish you best ✌
OP : 1.51$
TP : 1.9$
SL : 1.3$
KEEP IT SIMPLE :)
XRP commences bullish comeback toward $2
Ripple resumes uptrend as bulls shift their focus from defense to hitting highs above $2.
The MACD and other short-term technical levels hint at the uptrend catching momentum.
XRP must hold the price above $1.4 to sustain the price action heading to $2.
Ripple trades at $1.41 following a 10% gain in 24 hours. The cross-border token has consistently rebounded from the support at $1.12. Earlier this week, XRP was rejected marginally above $1.5. Therefore, this is a second attempt to break the barriers toward $2.
Ripple’s technical breakout builds momentum
The four-hour chart has brought into light a descending parallel channel. The pattern has controlled the downward price action since the rejection ranges close to $2. The channel’s lower boundary support played a crucial role in stopping losses from extending under $1.
Moreover, Ripple held onto the middle boundary, as discussed on Tuesday. The support allowed buyers to concentrate on lifting above the upper boundary resistance. In the meantime, Ripple has crossed above the channel’s hurdle as well as the 100 Simple Moving Average (SMA).
On the upside, Ripple bulls have a task to sustain the uptrend above $1.4 and to close the day above the 50 SMA resistance. Here, more buyers would be called into the market as speculation builds for an upswing beyond $2.
Other technical indicators such as the Moving Average Convergence Divergence (MACD) reinforce the bullish comeback by recovering the ground toward the mean line (0.00). Crossing into the positive region will be a powerful bullish signal. The MACD line has already crossed above the signal line, adding credence to the narrative.
Ripple intraday levels
Spot rate: $1.41
Trend: Bullish
Volatility: Low
Support: $1.4 and $1.12
Resistance: $1.5 and $1.6