XRP is showing a bearish bias on the daily and 4H timeframe. A break of market structure to the downside on the 4H chart with lower highs/lows reinforces this sentiment. Intraday Opportunity: We are looking at the 61.8% retracement for a sell opportunity with SL placed above the previous highs, and targeting previous lows. Disclaimer: Please note that this...
XRP has dropped below the bottom descending wedge trend line, and is now in very dangerous territory! If price fails to get back above the lower trend line, it looks like XRP will literally sh@t the bed, and fall off a cliff! If this is the case, we could see XRP in the lower .40's quicker than you think. Selling into the market by short's opening short...
RIPPLE (XRP) has experienced recent downward pressure, retracing to the 61.8 Fibonacci level, as indicated on the chart. If the Dollar Index (DXY) advances following its current retracement, XRP/USDT may target further downside levels, considering the typical inverse correlation between DXY and XRP. It is crucial to emphasize that this analysis is provided solely...
XRP had yet another rejection off the top of the Triangle Resistance, pushing the price down below the Daily 30EMA. The crypto market as a whole is pulling back from its recent bull run. Are we going down? How do we trade this? 🤔 I believe the crypto market is going to reverse to the downside in the coming weeks. Refer to my recent Bitcoin lifetime analysis...
Hello friends, welcome to this BITCOIN update from Crypto Sanders. Chart Analysis:-4-hour chart, Ripple’s ascent faced significant resistance around the 0.74 level. Heightened selling pressure in this critical region led to a notable decline, characterized by an extended retracement towards the 0.5-0.618 Fibonacci levels. Despite subsequent attempts by buyers to...
Hello friends, welcome to this XRP/USDT update from Crypto Sanders. Chart Analysis:- XRP is also bullish and managed to book a 5% increase this week. However, the resistance at 68 cents is still to be broken before this cryptocurrency can aim for higher levels. The support at 57 cents held well, and considering that buyers are dominating the market right now, XRP...
XRP Looks ready to pullback around 0.55 level. Stop just above local top. From 0.55 level we could see a reversal pattern that could lead us to 0.85 zone
Hello friends, welcome to this XRP update from Crypto Sanders. Chart Analysis:- XRP rose to a two-week high on Friday, following a decision by the Securities and Exchange Commission (SEC) to drop its case against Garlinghouse and Larsen. XRP/USD peaked at 0.5291 earlier in the day, which comes following a low at 0.4831 the day prior. As a result of today’s high,...
Hello friends, welcome to this XRP update from Crypto Sanders. Chart Analysis, Ripple, was another notable mover on Monday, falling by over 4% in today’s session. After reaching a high of 0.5218 on Sunday, XRP/USD plunged to a bottom at 0.4975 earlier in the day This resulted in the world’s fifth-largest cryptocurrency moving to its weakest point since September...
Hello friends, welcome to this XRP/USDT update from Crypto Sanders. Chart Analysis:- XRP was another big mover on Wednesday, as the price attempted to break out of a key resistance level. After Tuesday’s low at 0.5075, XRP/USD rallied to an intraday high of 0.5449 during today’s session. As a result of this surge, the world’s fifth-largest cryptocurrency briefly...
Hello, welcome to this XRP/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- XRP was back in the green on Friday after the Bulls abruptly ended a three-day win streak during yesterday’s session. Following a low at 0.5025 on Thursday, XRP/USD moved to a peak at 0.5134 earlier in the day. The surge saw XRP, formerly Ripple, once again make strides towards a key...
Hello, welcome to this XRP/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- XRP was a notable gainer on Friday, as the cryptocurrency climbed higher for a fourth straight session. XRP/USD peaked at a high of 0.5051 earlier in the day, which comes a day after trading at a low of 0.4824. As a result of today’s gains, XRP, formerly Ripple, rose to its highest point...
hello, welcome to this XRP/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Detailed examination reveals a multi-week consolidation phase that unfolded after a bullish bounce above the 200-day MA in mid-August. Ripple price saw minor volatility during this consolidation period, remaining close to the 200-day moving average, at around $0.51. However, the scale...
I think XRP has broken its upward trend, and as a result, it will drop by 35% along with the fall of Bitcoin.
Hey guys, I hope you're all doing well. For XRP, the main thing that is obvious and can show the possibility of a fall in price is the weekly downtrend (attached on the chart). So it can show me the destination of the price for a much longer time. Another reason is the respect of the price in the resistance area (2 times, between 0.54 and 0.55 areas). In my...
Hello, welcome to this XRP/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- A closer look at the daily chart shows a notable drop in XRP price due to elevated selling pressure and an increasing bearish sentiment. The price slipped beneath the crucial 100-day MA at 0.55, reaching the 200-day moving average at 0.5. This downward movement has disrupted the bullish...
hello, welcome to this XRP/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- the price has held above the 200-day moving average, around the $0.5 mark, over the past few weeks. However, the price is currently testing the 200-day moving average. If this moving average breaks down, the price will drop quickly towards the $0.43 level. On the other hand, if the price...
#XRP Currently #XRP is in the range between 0.56$ (resistance) and 0.47$ (support) As the coin is in the downtrend, I would set limit orders to short from resistance levels (red lines) that you can see on the chart and would keep my shorts till very strong support levels (green lines on the chart) where I expect to see significant bounce. To be more clear:...