expecting a third bounce off the middle of this slight upward trendline on XRPUSD, I recommend for people actually looking for entry to 'go long' on this rather than margin trading however. I am just doing this for fun to see where the price goes :)
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...
XRPUSD showing positive momentum through a falling wedge, also within a descending broadening wedge which is a bullish reversal pattern. Another falling wedge is present above the one price is currently trading within. Is this simply a big shake? Fractal composite ribbon can be seen to show signs of an inverse H&S (let me know if im using this wrong, I've never...
Preconditions: Downward trend line Small bars are appropriate Raising lows On the junior timeframes an upward trend has been created locally Friends, thanks for your likes and comments! Good luck with trading!
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...
XRP has formed a bullflag, this follows in conjunction with my xrpusd trend reset idea that i made a month or so ago, i will link. Possible upsides include the poo fib EMA possibly could even go higher looks like a pretty agressive bullflag.
This can also be observed on the XRP market cap, personally i believe xrp is poised for a breakout, following a formation of an inverse H&S. Looks very good.
Nothing is stronger than an idea whose time has come! Even if it seems like an April Fool's joke :) An Inverse Head and Shoulders can play itself out in March and go into the stratosphere in April!
XRP has formed a kind of 'hidden' falling wedge within its current structure. A classic example of a bullish divergence can also be observed supporting the falling wedges bullish nature.
XRP has produced a daily bullish divergence, it is hard to see the lower low on the RSI, but trust me ITS THERE! This is the classic example of a oscillator , price bullish divergence.
XRP was absolutely perfect in findings its support at $0.285 or Fibb 38.20 on February 17. It moved up to $0.30 on the next day, but bulls were rejected there, which lead to a drop below the 10-day EMA. The XRP/USD pair is trading at $0.291 - $0.30 range on Wednesday. What we are looking for here is a break of $0.30 and eventually, $0.31-$0.315, which was an...
Taking Bounce From The Support Of Wedge: As we have seen earlier in previous post that on week chart the Ripple is moving in a falling wedge. The formation of this chart pattern was started in Aug 2018 and now after Aug 2018 the price action has hit the support of this wedge in Dec 2019 and with hitting at support of wedge the priceline had also hit the lower...
Hi I am MartyBoots and i've been trading the markets for 13+ years XRP has formed a beautiful bottoming pattern , these opportunities dont happen often to get in on the lows of stocks or coins that have serious potential to move into a bull market . We need to grab these opportunities with both hands . Do not miss this video because if this pattern plays out...
Strong linear regression uptrend, ~0.78, a lot of bullish wicks are evident also. Safe profit taking area is small returns and should be used by those margin / leverage trading as it is an immediate resistance. The long term benefits of ripple outweigh that of the possible short term returns.
XRP has seen some recent gains, this could be extended further as momentum continues. Price is currently supported by ichimoku cloud, also supported by a strong Linear regression uptrend of 0.91. Included a possible fib extension if price breaks out.
The short answer to that question is - well, it depends what happens from now and the next few days are very important. It is crucial to see how XRP reacts now when it is under pressure and if $0.26 - $0.28 zone will serve as a support. Last Thursday, February 6 the popular altcoin reached $0.282 after trading in the $0.267 - $0.287 range throughout most of the...
Taking Bounce From The Support Of Wedge: On week chart the Ripple is moving in a falling wedge . The formation of this chart pattern was started in Aug 2018 and now after Aug 2018 the price action has hit the support of this wedge in Dec 2019 and with hitting at support of wedge the priceline has also hit the lower band of Bollinger bands and now it is bounced...
The XRP/USD pair is now 28 percent up since January 26 when it broke the downtrend at $0.218. As of the time of writing, the coin is trading at $0.281, just a step away from the psychological level of $0.30. XRP formed 5 consecutive green candles of the daily chart and is now targeting $30, but not before stabilizing above $0.28. This level proofed to be a solid...