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Xrpshort

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
BITFINEX:XRPUSD
by CoinGape
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
BYBIT:XRPUSD.PShort
by UnknownUnicorn1541497
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
BYBIT:XRPUSD.P
by UnknownUnicorn1541497
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!
BITFINEX:XRPUSDSHORTSLong
by AdonisB
9
XRP 4H - ABC Correction WaveHi everyone, Correction wave is playing out and seems Wave A went deeper then expected since we broke out the triangle - you could say bear flag depending on how you look :) After that retrace to previous resistance, that will be Wave B, It's to be seen how high it retraces but it shouldn't overtake Wave A. After that an even deeper pull back towards 70 cent zone thus retesting the Weekly support zone before heading on the the bigger Wave 3. Similar to most markets and they go up and down, nothing unusual! Elliot Wave Theory is a theory so not all price points should be taken as a fact, but it does gives us a clear picture of what might happen. Kind regards, Noel
KRAKEN:ADAUSDLong
by itsnoelv
9
XRPUSD 1.05160 - 9.31 % LONG IDEA * PRICE ACTION AND STRUCTUREHELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THEXRP / USD. * follow your entry rules on entries * significant moves with the bears change the plan. lets see how it goes. many stars must align with the plan before executing the trade, kindly follow your rules. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
BITFINEX:XRPUSDLong
by PULEMokhothu