. There is a possibility of temporary retracement to suggested support line (0.00002060). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. XRPBTC 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...
XRP has yet to show us that it is a potential coin because its low profitability and many inadequacies in managing the number of tokens.
And of course, we can't expect too much of further price targets for XRP
XRP will continue sideways in July and the peak may be at just about 2100sts
Consider selling XRP if it falls off the 1900sts level as it will take you a...
Hi friend hope you are doing wel, This time on weekly chart XRP with Bitcoin pair is forming a harmonic bullish Butterfly pattern and soon it will be entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic Butterfly pattern and its Fibonacci sequence should be:
XRP/USDT is inside a uptrend channel and now is facing a important resistance level, that we can reject that level and test the uptrend channel support once again.
Another possibility, is that we are within a bullish accumulation pattern at level, and the breakout can happen soon.
At any case we expect the price go up, and target is the same for...
Hi friends, hope you are well. In my previous post on Ripple with Bitcoin pair we have seen that the XRP had completed the formation of bullish BAT pattern. This chart was based on midterm 2 days time period and as per Fibonacci sequence of BAT I predicted that the price action should move up from the potential reversal zone of this pattern to enter in the...
XRP has had a DEEP fall, and is expected to have a relief rally bounce back up to the resistance zone which now posted within the range of 2620-2690 sats. This zone is your short entry ideal zone. Wait for the price to bounce and stagger bids inside this zone. Long term outlook is the breakdown of XRP/BTC down to the low hanging support inside the...
Hi folks hope you are doing good, in my previous idea of Ripple with Bitcoin pair we have seen that the XRP had formed a complete bullish BAT pattern and on 2 day chart. The formation of that pattern was started on 6th September 2019 and completed in December 2019 and we have seen that on 2nd Feb 2020 the price action moved up with the powerful divergence and...
Priceline of Ripple / Bitcoin cryptocurrency has formed bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
Lets have a look on the pattern's move:
After inertial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg...
. Ripple/Bitcoin 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 43.
. There is a possibility of temporary retracement to suggested support zone (0.00002950 to 0.00002400). if so, traders can set orders based on...
The XRP / Bitcoin has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
MACD is changed weak bearish from strong bearish.
Stochastic is oversold and has given bull cross.
I have used Fibonacci sequence to set the targets.