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Trading-Guru
Jan 13, 2021 10:10 AM

Don't Go Overboard with XRP - Use This Clean Set-up! Long

BITSTAMP:XRPUSD60
XRP / U.S. dollarBitstamp

Description

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In this technical analysis I share my current views on XRP/USD. I tried to make the chart as self-explanatory as possible, but feel free to reach out or drop a comment if you have any questions.

Comment

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I decided to change the outlook of this idea. The entire market is moving upwards a bit over the past few hours and it seems like many assets are about to make a bullish continuation.

Here is where I present my next idea:
Trend AnalysisSupport and ResistanceChart PatternsxrpripplecryptoaltcoinCryptocurrencycryptotradingxrpforecastrippleforecastaltcoins
Comments
jamshaid883
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i agree with your btc chart....but xrp will go 0.36 anf then 0.45
Trading-Guru
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@jamshaid883, 0.36 seems a bit low if you look at the horizontal zone here. Don't you think it can go to at least .375 if it breaks through resistance? Same with the .45 region, I drew my resistance a bit higher towards .46 even. What did you use to get to those numbers?
Spotclimber
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@Trading-Guru, just hit .52 .... lollllllll
Spotclimber
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@jamshaid883, just hit .496
TraderNP
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All I can see is price making higher highs under the resistance.
Trading-Guru
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@TraderNP, I think you are right. I decided to revisit this idea and turn it into a potential long if it breaks through the resistance:
ProjectSyndicate
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excellent trade setup. for sure bears reign supreme in XRPUSD.
eventually it's going to zero.
Trading-Guru
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@ProjectSyndicate, I'm hoping to get some nice scalp trades in before that happens!
Andrewcx
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@ProjectSyndicate Can you make a prediction for XRPUSD? I want to fill my bag with XRP, but I don’t know where the bottom can be. Thank you! 🙂
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