Yesterday the picture looked strongly bullish and that kept me busy, in the end, it was another trap, bitcoin and all altcoins broke their local trend lines , and then we saw a market correction. At the moment it is hard to predict the market trend, most likely the price will go to update its local lows, so I am following the market and sharing my analysis of...
XRP, like bitcoin, has not seen significant movement on the chart for several days. The price is currently trading near the bottom of the triangle. It is likely that BTC will go up and altcoins will also go up. If XRP comes to the upper boundary of the triangle and starts consolidating near it, that would be a good buying opportunity, even better if the price...
Yes, you guess it right there are two illustrated Honeymoon plans on the chart with your 'Honey' Crypto. As you see the chart from the recent All-Time High from 64000 to the Last Swing High 18992 in December 2017 before Big Monster Bull Run started after the breakout in October 2020, now we have already retraced 78.6% at 28815 during this recent 'Fatal Crash'...
After the recent drop to 0.5, Ripple corrected to 0.75, but has started to fall again, making lower highs and the recent price action is resembling a descending triangle. 0.6 is the base of this triangle and a drop under looks imminent. Short therm traders can target 0.5 support
After a short visit to 0.5, Ripple has started to rise and is trading at 0.67 at the time of writing. The rise is clearly corrective in nature and I still expect a drop to 0.4 0.8 is strong resistance at this point and rallies towards that zone should be sold
The cryptocurrency market is now full of uncertainty. Ripple corrected by 7% after the recent growth, now on the chart locally you can see the wedge pattern, at the moment the price is near its lower border, if the price continues to trade near this border, it could be a signal that xrp will break it and go lower! Probably the best entry point is when the price...
Ripple price gained ground to settle briefly above $0.7 but hit a barrier under $0.72. Losing support at $0.7 opened the Pandora box as a correction to $0.64 becomes apparent. Ripple price was able to break the resistance at $0.7 on Tuesday. This move allowed bulls to stretch the up leg to $0.72. However, the seller congestion at the 200 Simple Moving Average...
I see two options for trading: 1. We have a local low at 0.5691. If we touch it several times and start trading near it, the chance of breaking down is very high. The entry point after the breakout and retest of the support line. 2 . We have a local resistance line. I'll consider it for a breakthrough in case of a squeeze to the level. If it happens, I'll enter...
As expected, XrpUsd has broken 0.8 support and now is trading at 0.75 My outlook for the crypto market remains grossly bearish and I expect Ripple to reach 0.4 in the next wave of selling 0.8 is now resistance and rallies to that zone should be sold Only Ripple above 1usd would put a pause on this outlook
Check related ideas. I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action. Thanks for the...
Like a lot of top coins, XRP broke the resistance line. I don't like this breakout because we didn't have a big volume for it. Now isn't a good time to do something. The best way, to wait for retesting to key level 0.8437 and open buy position with a small stop-loss after it.
Hello XRP Friends, this is my first public XRP chart so if you find this useful, show some love. I believe XRP is headed to 6 / 7 $ ( short term ). If everything highlighted in the chart aligns - end of August should be the right date for target to be reached. Considering PoW crackdown and green agenda being pushed everywhere: Long term i'm looking at $100+ /...
Ripple is looking good for buy opportunities now, look at the 'related ideas' to get an analysis of the bigger context, and why my directional bias is bullish now. I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action. Thanks for the...
As I said 2 days ago, the price planed to go to 0.8 zone. It happened. Congratulations. If the price starts squeezing to 0.79, only, in this case, I'll buy. Sure, we must control the situation with BTC. Unfortunately, the BTC now sets the movement of almost the entire market. Write in the comments all your questions and instrument analysis of which you want to...
Hello Traders! So, ripple did what I expected, as you can see at 'Related Ideas', but now that we have broken the low, and reversed, we have created the start of a possible Expanding Flat. My directional bias now is bullish - and therefore I'm only looking for buy opportunities on lower timeframes. I will update my idea as the trade progresses if any changes...
Ripple has embraced downward price action since the beginning of June. The international money transfer token crashed from $1.71 to $0.65 in May but recovered to highs around $1.1 at the beginning of June. In the last week, the overall general outlook in the market has seen XRP bulls fight a losing battle. Initially, buyers focused on gains above $1, but the...
XRP, Looks down the same as Bitcoin.
Ripple is not really going anywhere, it just keep correcting. The structure is making flat-structures, but they are all very short-term setups, and to take advantage of these opportunities it's all about timing, and being able to enter and exit positions quickly and swiftly. It's hard to update these trades and ideas in real-time here on tradingview, but if you...