Xrp - New all time highs will come next!

May 15

Xrp - XRPUSD - is preparing for new all time highs:

(click chart above to see the in depth analysis👆🏻)

Xrp has clearly been trading sideways for the past 8 years. Meanwhile, market structure is respected perfectly and it seems to be just a matter of time until Xrp will create new all time highs. With the recent bullish break and retest, this scenario becomes even more likely.

Levels to watch: $3.0

Keep your long term vision!
Philip (BasicTrading)

May 26

Trade active

Xrp - XRPUSD - is quite weak recently:

(click chart above to see the in depth analysis👆🏻)

With the recent shorter term break and retest confirmation, Xrp started the next major bullish move with a rally of about +40%. However, in the meantime Bitcoin is already hitting new all time highs, clearly outperforming these altcoins, which will eventually catch up though.

Levels to watch: $3.0

Keep your long term vision!
Philip (BasicTrading)

Jun 2

Trade closed: target reached

Xrp - XRPUSD - is still undecided:

(click chart above to see the in depth analysis👆🏻)

As you can see by looking at the previous monthly candle closure, Xrp is currently quite undecided and not really following the overall crypto market. This itself is not a bad sign at all, but if the weakness continues, we will see another retest of the lower support.

Levels to watch: $1.7, $3.0

Keep your long term vision!
Philip (BasicTrading)