This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits. Please Like & Comment if you agree with this setup and would like to see more Crypto setups from me.
We see a very popular bullish pennant. Target is based on size relative to uptrend, which is generally synonymous to breakout. We will wait for a breakout of pennant resistance to the upside and use that as bullish confirmation to enter trade as we do not mind missing 5-10% gain to lower risk greatly. There has been news of Coinbase listing XRP, and seeing...
After making a huge run the last few days Ripple is now consolidating and forming a pennant pattern. For anyone looking to buy, I would wait for a breakout to the upside.
XRP has been on a great road but a reversal is coming up. We are not sure if it will be a major or minor one. Good luck
I already have quite a bit invested in XRP so maybe this is more out of hope than anything else.
Watch XRP it will breakout soon Xrp is Near support zone @XRPBTC (check this out)
Based on Coppock indicator and regression, I think, XRP's Coppock indicator might really hit bellow zero and turn back within/around 10-15 days and that might be a good entry point (with stop sell as always). Current Coppock indicator for XRP is ~1,5 (15mins, 100+e) and using time series linear regression , if it continues to fall than 10-15 day might be the...
Great risk/reward ratio for T1,T2,T3
Found this possible bullish pennant. According to what I am learning, this pattern should be taken with caution because its over 4 weeks long. However, if the pattern hold and breaks out above upper trend line then the price of XRP may reach $0.60 USD. **NOTE** I am not an experienced trader. I am just an investor learning TA. So please, take it easy on me. DO...
XRP slow uptrend since Aug/Sep. Looking at a small potential rise by end of today - Tight stop just below support.
Full disclosure: I don't currently hold any XRP. I am, however, strongly considering buying a bit to play around with. We've seen some pretty solid upward trends for the past two months. Higher highs, and higher lows -- what's not to like? If these trends continue to hold we should see at least .23 by the end of the year. $0.195 Decent looking support, but...
Bull flag & falling wedge. Prepare for lift off...
Let's see how this one goes, I'd buy the handle breakout if we get such a thing.
We have an interesting situation developing in the XRPUSD chart :) I will be updating this thread as we go, but for now, please have a look at the data. Which way do you think it will go?
Ripple is looking increasingly interesting to me. I have 3 targets that I am watching, outlined on my chart.