XRPUSD trade ideas
Don't miss the great buy opportunity in XRPUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.2236). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XRPUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.
Take Profits:
TP1= @ 0.2495
TP2= @ 0.3145
TP3= @ 0.3800
SL= Break below S2
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Source: TheCoinRepublic
XRP : Ripple : EO for buy for 1 : 2 RRPut Entry order on the light thick blue line and ride for up drive..
There is a possibility for the beginning of an uptrend in XRPUSDTechnical analysis:
. Ripple/Dollar is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 75.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.28000to 0.24000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.28000)
Ending of entry zone (0.24000)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.33000
TP2= @ 0.38000
TP3= @ 0.42415
TP4= @ 0.48000
TP5= @ 0.57000
TP6= @ 0.70580
TP7= @ 0.79100
TP8= @ 0.96000
TP9= @ 1.41000
TP10= Free
There is a possibility for the beginning of an uptrend in XRPUSDTechnical analysis:
. Ripple/Dollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.29000 to 0.26000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.29000)
Ending of entry zone (0.26000)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.35000
TP2= @ 0.38230
TP3= @ 0.42415
TP4= @ 0.48000
TP5= @ 0.57000
TP6= @ 0.70580
TP7= @ 0.79100
TP8= @ 0.96780
TP9= @ 1.41240
TP10= Free
A second Chance to Buy in XRPUSDMidterm forecast:
0.370 is a major support, while this level is not broken, the Midterm wave will be uptrend.
Technical analysis:
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index ( RSI ) is 61.
New trading suggestion:
*There is still a possibility of temporary retracement to suggested support line (0.370). if so, traders can set orders based on Price Action and expect to reach short-term targets.
* If you missed our first HUNT , you have a second chance to buy above the suggested support line (0.370).
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Trade Setup:
We opened 11 BUY trade(s) @ 0.32488 based on 'Valley' entry method at 2019.04.30.
Total Profit: 133457 pip
Closed trade(s): 33203 pip Profit
Open trade(s): 100254 pip Profit
Closed Profit:
TP1 @ 0.35520 touched at 2019.05.14 with 3032 pip Profit.
TP2 @ 0.38230 touched at 2019.05.14 with 5742 pip Profit.
TP3 @ 0.42415 touched at 2019.05.14 with 9927 pip Profit.
TP4 @ 0.46990 touched at 2019.05.14 with 14502 pip Profit.
3032 + 5742 + 9927 + 14502 = 33203
Open Profit:
Profit for one trade is 0.46810 (current price) - 0.32488 (open price) = 14322 pip
7 trade(s) still open, therefore total profit for open trade(s) is 14322 x 7 = 100254 pip
All SLs moved to Break-even point.
Take Profits:
TP5= @ 0.57000
TP6= @ 0.70580
TP7= @ 0.79100
TP8= @ 0.96780
TP9= @ 1.41240
TP10= @ 1.61350
TP11= Free
XRP BULLL RUN SURGET TILL $5.4Xrp is 3 rd largest cryptocurrency , this chart show how previosly xrp made new high & now it make same way if it successfull in this patten then it goes till $5.4 in this run
XRP Bull Run Update 14-May-19Hi all!!
Good day! In this post, we are going to analyze Ripple Long Term Bull Market in simple terms.
I observe similarities of 2015-2016 Bear Market in 2018-2019 Bear Market.
The long term investors have only five questions to be answered in a Bear Market.
1. Obviously topping out (Red Text)
2. Finding the first Bottom (Green Text)
3. Finding the second Bottom (Yellow Text)
4. Where are we now? (White Arrow)
5. Where is the target? (Pink Zone)
Answers are marked in the chart.
For more updates, follow me here .
~RPS~
XRP / USD Price Analysis: Flooded MarketXRP / USD Short-term price analysis
Ripple has a bearish short-term trading bias, with the XRP / USD pair tumbling below its 200-period moving average on the four-hour time frame.
The four-hour time frame is showing a large head and shoulders pattern, with XRP / USD sellers now testing towards the neckline of the bearish pattern.
Technical indicators across the four-hour time frame have turned heavily bearish and continue to signal further near-term losses.
Pattern Watch
Traders should note that if the bearish head and shoulders pattern on the four-hour time frame is triggered, the XRP / USD pair could fall to a new 2019 trading low.
Relative Strength Index
The RSI indicator is bearish on the four-hour time frame, although the indicator is attempting to correct from oversold territory.
MACD Indicator
The MACD indicator has turned bearish on the four-hour time frame and is still generating a sell signal.
Fundamental Analysis
Over the past weeks XRP has been hampered by a number of negative catalysts. CTO David Schwartz has sold a share of his tokens, and the company also announced that it has increased the share of sold XRP by 31% in comparison to the previous quarter. With the current sell-off for alt coins, the increased supply of tokens has likely created additional downward pressure on the token price.
XRP / USD Medium-term price analysis
Ripple has a bearish medium-term trading outlook, with the XRP / USD pair falling to its weakest trading level since late January 2019.
The daily time frame shows that a bearish technical breakout is underway, with the XRP / USD pair now trading below a large triangle pattern that has been dominating the daily time frame this year.
Indicators on the daily time frame have turned bearish and show scope for further downside.
XRP / USD Daily Chart by TradingView
Pattern Watch
Traders should note that the overall downside protection of the triangle pattern on the daily time frame is close to $20.00.
Relative Strength Index
The Relative Strength Index Indicator on the daily time frame has turned bearish and shows scope for further downside.
MACD Indicator
The MACD indicator on the daily time has turned bearish and is issuing a strong sell signal.
Fundamental Analysis
Although Ripple continues to expand its partner network, there is still little information on how the company is progressing with adoption of xRapid, which directly utilizes XRP for cross-border payments. The absence of positive news and development in this direction could have a negative effect on the value of the project.
Conclusion
Ripple has a bearish outlook across both time frames with the third largest cryptocurrency by market capitalization erasing all of its hard-earned gains from earlier this month.
The XRP / USD pair could come under significant pressure over the medium-term if the recent bearish triangle pattern breakout on the daily time frame is confirmed.
Ripple - What nextAfter consolidating as though its being managed, its almost the end of the road. Where does it move next?
XRP EW COUNTCounting my waves from a different perspective now, I think we're actually making a 5th wave up to complete a larger 3rd wave.
XRP 4HR ANALYSISXRP looking really bullish on as it appears that we have a falling wedge forming on the 4th wave down. We also have to note that the 55 EMA and 200 EMA has crossed.
Happy trading peeps.
XRP latest technical analysis#1 Key Highlights:
* Ripple(XRP/USD) price surged 10%+ recently.\u2028
* It broke short-term downtrend line(black).\u2028
* Resistance level $0.32+ tested and now in correcting phase.\u2028
* Possible S/R flip in play.\u2028
#2 Chart Analysis:
If we see the XRP technical analysis today for hourly (4H) time frame chart, it has broken the short-term downtrend line developed since start of February month.
Ripple technical analysis today shows that it has also broken the 200H-MA(Moving Average) and is now resting on it.
If we further do XRP analysis then one can observe that it touched the ichimoku cloud resistance but couldn't close above which is slightly bearish.$0.3158 price level will act as immediate resistance, if broken, then it will be bullish for the asset.
Ripple analysis today on 4-Hour chart shows that Stock-RSI has moved to overbought zone as well as MACD is slowly curving up to the bullish zone.
Further ripple price analysis illustrated that if the present potential S/R flip doesn't occur then next level of support will be around $0.3000-$0.2976 which needs to hold up for bullish sentiments.
#3 Conclusion
Overall, Ripple(XRP/USD) needs to hold certain support level to sustain bullish momentum otherwise it would be bearish mid term for the asset.
Bearish descending Triangle with a potential breakout Feb 14XRP continues bearish as noted in the descending triangle from our last major high on December the 14th, with a retrace of 38% from that date. If we break the triangle on the upside {resistance} we could see the bulls kick into gear around the 14th of February , but, if we break the lower support of the triangle we will retest the next support down around the .2472 area. Let's hope "love is in the air" and we move to the upside as a well deserved run upwards into the green is much anticipated.
We are also sitting right on top of the lower BB as these bands once again tighten up.
Good luck traders and top the evening to you all.
A small retrace, then north XRPNow that the BB's have opened up a little we can see a more clear picture of a POTENTIAL slight retrace, then a move to the upside. Some selling pleasure indicated by the volume pattern with indicators on the Fib retrace. Lets see how this plays out over night and into the morning.
News is progressively bullish with an injection of enthusiasm after the Garlinghouse and Swif CEO duel today at the FINTECH PARIS symposium
XRP/USDXRP/USD(BITFINEX)
Ripple recently tested the $0.40 resistance level and couldn't break the same with dropping to $0.32 level(19%) recently.
Bullish Case:
If the manages to hold $0.32 price level and breaks the 0.38$ level then it would be slightly bullish for the asset.
Bearish Case:
There is a lack of buying interest(volume) and if It broke the $0.32 support level and closes below the green line with strong sell volume then it will be highly bearish case for ripple with a target of price level below $0.30.
XRP-USDhopefully we can stay above the purple/pink trenddailyline, the 15 minute broke also as the 1hour 2hour 4hour, only the daily is holding it atm, if it goes below the 0.363xx prev. low candle, ecpect a drop.
Another scenario is we go sideways, and just extend the trendline..
My game: i placed a small long entry under the purple/pink dailytrendline, aiming it will go up in the next couple of days, a tight stoploss has been placed around 0.36xx. trade safe!
