Xrpusdsignal
Ripple- 0.9 zone is strong resistance nowAfter the strong drop and break of 0.9 support from the beginning of December, XrpUsd has rebounded and is in a consolidation phase now.
0.9 old support is now strong resistance and short-sellers should look for opportunities to sell in that zone.
My medium-term target for Ripple remains in 0.5 zone and only sustained buying pressure above 0.95 would change my opinion
XRP/USD: Headwinds Strong and Dangerous Mid-Term Lows SwamXRP/USD is above early December values experienced in the wake of the spike downward which hit the broad cryptocurrency market slightly more than a week ago. Yet after recovering some of its value XPR/USD after that downturn, Ripple has not been able to muster a move higher that has challenged prices seen in late November or even through the 3rd of December. XPR/USD did manage to climb to a high of nearly 0.93850 yesterday, but headwinds became strong and the digital asset has reversed lower again.
As of this writing, XPR/USD is trading above the 0.83000 and has crucial mid-term lows again within sight. Yes, from the 4th through the 10th of December XRP/USD did trade below 0.80000 and touched a low of nearly 0.65500 during the flash crash on the 4th. Yet the bigger and perhaps more troubling aspect of the current territory XRP/USD is sustaining, is that the digital asset is also near prices it was trading on the 9th and 10th of August.
The rather durable track lower ETH/USD has generated since the 10th of November correlates with the broad cryptocurrency market and is beginning to have the feel of more than brief nervous selloff. XRP/USD has a strong habit of creating trends which are rather transparent and while reversals higher should certainly be expected by traders, the notion that XRP/USD may use the 0.80000 ratio as a critical inflection point should be given consideration.
Cautious traders may want to wait for slight moves up which show that resistance remains adequate. If the 0.85000 to 0.87000 levels remain pronounced and are able to push XRP/USD backwards, this may trigger additional selling which may feel headwinds are too strong. Ripple can be volatile and its move to a high within sight of the 0.94000 mark yesterday, and then subsequent drop to nearly 0.82000 early this morning was a large percentage move which highlights the need for the use of conservative amounts of leverage.
Bearish traders may believe XRP/USD has the capability to puncture the 0.81000 to 0.79000 ratios in the short term and make speculative wagers regarding these targets. If the broad cryptocurrency markets remains skittish in the near term and is not able to produce a strong move higher, XRP/USD may continue to experience downward momentum.
Ripple Short-Term Outlook
Current Resistance: 0.86700
Current Support: 0.80300
High Target: 0.93300
Low Target: 0.72400
XRP on the long channel floorHi my friends
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Ripple stands on the floor of its long canal after a relatively long shave
And due to the attention it has paid to important support, there is a possibility of ending the downward trend or upward correction
Appropriate entry points, risk-to-risk ratio, supports and resistances according to the chart
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If this idea was useful to you, thank you for your likes and comments
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Be rich and generous
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XRP NEED TO TAKE REST BEFORE GOING BACK TO $1.7 AreaFor now, XRP need will go to the support area at $0.52 - $0.55. If you are a High-Risk trader you can short XRP for now ($0.97) until it reaches the next support area (green line).
Don't Use Leverage more than x10 I'm just advising you.
But if you wanna safe trade, just wait for XRP until go to the next support (No Cutloss)
Here is the signal:
Buy: 0.5746 (50%) - 0.5293 (50%)
Target: 1.273 (TP1) - 1.5257 (TP2) - 1.7845 (TP3)
Hope you can support me by donate with ETH:
0x94bD70a85147A9f2588994854617987D980acED2
Long On XRPUSDT.Kindly like, comment and follow for more ideas,
***** This trade idea is on spot trading. I do not recommend futures for this particular trade. *****
* I see potential POI ranging from 0.9764 to 0.7632
* It should be a perfect buying opportunity with stop loss at 0.5239
Reason;
* First of all, you can see perfect cup and handle formation on daily and weekly time frame which indicates Bullish trend coming up soon. Secondly,
* I always use Fib retracement as my basic strategy as well as support and resistance . I see a perfect retracement on golden zone range between 61.8 to 78.6 that is 0.8875 to 0.7632.
* Take profits are just truly based on inverse FIBS
* Note that, take profits after usual cup and handle is different, i will note it down if you wish to follow those take profits and i will explain them why it is set that way;
Take profit 1 is equal to the size of the handle. ie., 1.7810
Take profit 2 is equal to the size of the cup. ie., 3.4928
* Stop loss is set at 0.5239 as it will break 1.00 on FIBS and make a new LL.
* Keep you short loss small and profits big
* This trade is 1:11 risk to reward ratio.
* This is not financial advice. Invest only what you are prepared to lose and do not predict the movements, READ the charts.
Best wishes,
Zaki
XRP Ripple LONGS the way ahead is clear BUY SIGNAL XRPUSDXRP HOLDERS TIME TO SHINE?
Having added to XRP portfolio over the past two weeks are thesis was clear over in our group.
Clear and hold above 1.256 on a daily close and we open up the gate for next target to 1.4720 on XRPUSD
If we needed any more confidence in our thesis weekly support was also holding at 1.2292 with clear evidence of rejecting lower prices on the lower time frames.
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Ripple and my new targetIn my previous Ripple analysis, I've argued why I'm bullish and said that I expect the price to reach 1.4 resistance.
Since then, my bullish outlook was confirmed and XrpUsd is trading clearly up.
I expect this price to go further up and pass above 1.4 resistance
My new target is 1.7 and I will stay bullish as long as Ripple is trading above 1 figure
LongHi guys, it seems that Ripple has been able to return to its own channel. To grow, it must cross the downtrend and significant resistance in the range of $ 1.27 to $ 1.37.
#signal
#XRP
#XRPUSDT
Spot( Midterm)🌟
Enter : 1.19$
Target : 1.27$
Target : 1.37$
Target : 1.59$
Target : 1.86$
Stop loss :1.4$
XRP/USD WILL IT CONTINUE TO GO UP ?Today we got a nice little pump upward on XRP ,will it continue is the question ! a couple off days ago it seems it was taking a bearich trend , even coming under the 144 wma ! But with the nice litle pump we are back on it ! So will it continue ?
FOLLOW AND LIKE FOR MORE !