RippleUSD 8h: Undervalued!!! 0.15 > 0.20 > 0.30 > 0.60 USD

The performance of Ripple was not really good in the last few weeks. Too much action at BTC. Ripple has gotten out of sight. Nevertheless, we have now reached the ground, from my technical point of view. A down to 0.10 USD is technically possible, but the support at 0.15 USD is too strong. So this should indicate the trend reversal. An up to 0.60 USD until the end of the year is still possible. So I see an good buying opportunity for Ripple now.

Let's see what happens. Happy trading. :-)

See also:

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first step is done: 0.20 usd

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next step done. fibo 0.5 reached.

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this could be a perfect run to 0.3 usd. lets see.

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in addition. the view 1 day timeframe. volume okay. macd also fine. lets see, if this is a trend confirmation.

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steam is not out. volume still high. ripple could break the resistance at 0.3 usd. maybe a short and little correction.

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15 min ... the next jump could be possible.

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next break out possible.

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dont worry. support at fibo 0.5. next up ahead.

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nice bull flag. further up expected.

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0.30 will break ...

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possible short term swing.

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last pattern failed. fibo 0.62 retracement touched for the second time. buyingarea starting at 0.2 usd.

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new short term trend channel possible.

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current update 4h view.

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next jump up could be ahead.

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Normally my time frames are 8h. for ripple is a 1day view also very helpful. Therefore, the current situation with 1day view. It shows us a nice movement and interesting potential.

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here the current update. we see a nice movement and a possible new trend channel. the trendlines work.

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daily update ... next possible movement.

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daily update 1d-view ... the movement will not be so strong if we set the time frame to 1day.

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update: today a 1day-chart. ripple's on a good path. ripple follows the positive movement of btc. it goes along the trendlines. let's see if we can get a push. if not, then we can expect a sideways movement. short term target 0.30, long term target 0.60, as usual. (just for info: i realized that my screen resolution is too high for some browsers, so my lines have been displayed too thick. i have optimized the chart now.)

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in addition the 4h zoom:

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if we continue to see a strong support in the range of 0.2 to 0.21, a strong upward trend is further possible. ripple has to separate itself slowly from the btc movement. This would be particularly important for ripple in terms of corporate policy. ripple is controlled. stability is important for financial service providers. that could prove ripple now. meanwhile, a target of 1 USD by the end of the year is quite imaginable.

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let's see if the resistance line breaks. ripple is developing against the trend of all other top-crypos. that could be a good signal. read my last post above.

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ripple still on track.

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update chart ... nothing more to say than ripple is still on track

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maybe bottom reached. strong support between 0.193 and 0.19. ripple still on the long term track.

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new chart published. this chart will no longer be continued and be replaced by the new one. new chart here: