Rippleusdt
If we are lucky, XRP price could go up +50% in the near futureTwo weeks ago, we analyzed in detail the possible scenarios of XRPUSDT price behavior.
There was a parsing of the XRPUSD price at different timeframes and a parsing of the XRPBTC pair and a warning about a possible strong drop in the Ripple price in general.
For those who are interested, we recommend re-reading our previous idea:
And today, let's break down the current situation.
For more than a week, there is a consolidation of the XRPUSDT price in the narrow range of $0.40-0.45 on the chart
A positive exit from this consolidation will be a growth at first to the strong mirror level of $0.51, which is unlikely to be broken up by the buyers at the first attempt. After the shallow correction, the growth might extend to $0.58.
A negative exit from this consolidation could be a fixation below $0.36 and a continuation of the fall to $0.24, which we already wrote about in the previous idea.
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XRP which Elliott Wave Degree? XRP some converging trend lines. Running out of time for a W4 but could be reaching out for this channel median. it may pop up, and if it starts getting too big for the current wave 2 I may have to asses the degree, but this looks the cleanest from this angle. above .5 is suspicious for this count.
XRP Sell the 20 EMA.Ripple - Intraday - We look to Sell at 0.522 (stop at 0.537)
Daily signals are bearish.
There is no clear indication that the downward move is coming to an end.
Preferred trade is to sell into rallies.
20 4hour EMA is at 0.524.
Our profit targets will be 0.484 and 0.474
Resistance: 0.500 / 0.520 / 0.535
Support: 0.480 / 0.470 / 0.450
Short term idea on XRPthe dynamic resistance shown in the chart is very weak, although apparently its made up of major highs, but, waiting to buy at a cross is not logical...
everything else is on the chart, crossing the resistance at 1.2 dollars, initiates a very spiky demand on xrp, please don't sell all your balance at once or you will get FOMO,
The only thing that makes an exception, is the potential of smart money to manipulate the market at this point, which is very probable, cuz the long positions in futures market has been very high, and a probable move to liquid the bullish retail traders can drop the market.
after all, as long as the price is above the designated pivot, it's almost safe to trade and hold,
write your comments down below,
XRPUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. The price is now fluctuating between the support zone and the first resistance. If the resistance line is broken, we can get in after the pullback for the next resistance. If the price is rejected from the resistance, which we expect it to, it will fall back down to the support zone.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
XRPUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. You see the R1 line which was previously the support line and had supported the price several times. But it is broken now. We can consider it to be a double-bottom in case the S1 supports the price and it goes toward the R1 line. You can save profit at the R1 line. In case the S1 zone is broken, the S2 zone would be a good place for the long-term traders to buy and hold. If the R1 line is broken, we will update our analysis for you dear followers.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Ripple- 0.7, a good place to sell shortAfter the recent 0.55 low, Ripple has found support and, like all crypto market is in a correction.
This correction can be a good opportunity for speculators to join the trend and sell this rally.
A good place for this can be 0.7 resistance with a target towards 0.5 important support.
Sustained buying above 0.7-0.75 would negate this scenario
XRP Buy a Break Setup.Ripple - Intraday - We look to Buy a break of 0.654 (stop at 0.634)
Short term momentum is bullish.
50 4hour EMA is at 0.651.
A break of bespoke resistance at 0.650, and the move higher is already underway.
Our profit targets will be 0.707 and 0.727
Resistance: 0.650 / 0.680 / 0.700
Support: 0.620 / 0.600 / 0.570
XRP Sell the downtrend.Ripple - Intraday - We look to Sell at 0.767 (stop at 0.781)
Trend line resistance is located at 0.770.
Daily signals are bearish.
Preferred trade is to sell into rallies.
50 4hour EMA is at 0.764.
Our profit targets will be 0.731 and 0.721
Resistance: 0.750 / 0.760 / 0.780
Support: 0.740 / 0.720 / 0.700
XRPUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The price has broken the R1 line which was previously the support line. It can make a pullback to the R2 line and then fall. Or it can also break the confluence of the R1 and R2 lines and go up higher. But what we have in mind is that the price will make its pullback to the R2 line and then fall more.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Ripple is Rallying, worth of Longing Now 24/02/2021we may have some retracement to the support areas but yet this Coin is doomed to be bulled
we have specified total of 3 TPs
1TP is the parallels leg of the Fibonacci projection and
2TP is the extension level of the same Fibonacci projection and if the 2 TP triggered then we can expect the 3 TP to be followed
please comment your opinon
XRP Sell a break setup.Ripple - Intraday - We look to Sell a break of 0.803 (stop at 0.826)
Daily signals are bearish.
There is no clear indication that the downward move is coming to an end.
Broken out of the channel formation to the downside.
Price action is forming a bearish flag which has a bias to break to the downside.
We look for losses to be extended today.
Our profit targets will be 0.741 and 0.721
Resistance: 0.840 / 0.860 / 0.880
Support: 0.820 / 0.800 / 0.780
Lucky Ripple or Boring Ripple?Lucky Ripple or Boring Ripple
following to my previous post:
Ripple was downward trough its downward weekly channel Before recent Bitcoin fall.
Bitcoin fall affected the Ripple downward speed, But whereas the Ripple was in the middle of its weekly channel , it causes to reach bottom of the channel sooner.
however we had a shadow bellow the weekly channel but in the next days we had a respond to its monthly trend line.
Now Ripple is ranged in a semi strong support level :
1- if it pass below this support zone, it is a high possibility to fall to lower support line (0.5 $ ~ 0.6 $)
2- if it pass above this support zone with the help of monthly trend line , it will channelize in the middle of its weekly channel ( 0.85 $ ~ 1 $)
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3- in a larger scale Ripple is still in a mild downward weekly channel , however a bullish rally in Bitcoin could help Ripple to achieve top of this channel (1.15 ~1.2 $).
XRP Sell a break setup.Ripple - Intraday - We look to Sell a break of 1.014 (stop at 1.036)
Our short term bias remains negative.
1.017 has been pivotal.
A break of 1.017 is needed to confirm follow through negative momentum.
The bias is to break to the downside.
Our profit targets will be 0.952 and 0.932
Resistance: 1.050 / 1.070 / 1.100
Support: 1.020 / 1.000 / 0.950