XRP 4H chart update
Ripple pulled back to forecasted support and bounced from 4664. Now most probably little pullback to 4700 and than growth towards previously given targets.
Previous post text from Telegram channel:
Support at 4650 - 4750. Possible retracement there.
Targets: 5100 - 5353
Breakout targets: 5630 - 5800
@CryptoTrades #XRP #Ripple
A lot of people like to compare XLM with XRP in regards of price structure / price action and i completely disagree - xlm has been good to me recently and xrp has not
As you can see if you compare this chart with the XLM chart i just posted prior to this, XLM appears to have much more demand and a much better price structure whereas XRP looks like it is going to...
I really enjoy reading rumors about MoneyGram and Ripple. But mostly I trust my experience and the TA.
Strong support LVL ~ 4000 sats
Strong resistance LVL ~ 10k sats
The price right now is trading around the floor that give a trader a convenient opportunity to open trade with low risk and high reward.
ENTER ~ 5250 - 5300
Stop Loss ~ 4800
TP 1 ~ 7500
TP 2 ~...
Our last signal for XRP has given us a very good profit when we bought the bottom area of 4000sts. Currently, XRP is showing two possible possibilities. And we can take risk at 5100 and expect the RED arrow case to happen, target is 8000. If this RED arrow is wrong, we only lose 2% and wait to buy in the 4500 area according to the PURPLE arrow
If we take a look at BITFINEX:XRPUSD we see that we are currently sitting at around 10% of the all time high in price.
When we compare this to On Balance Volume we see that we are currently sitting at 75% of the all time high, this is a MASSIVE disconnect!!
On Balance Volume measures the net inflow vs outflow of money into an asset, as we can see in the last...
#XRP Now looking Bullish against of #BTCUSD .
I am enter with Small Amount if #xrp more Down I will buy more but I always buy partially not once.
#Ripple now Head&Shoulder pattern working if cross upside then our target given in chart.
and please follow our twitter for latest updates:
I can see why people are bringing up Ripple here:
Using the CCI and a few fractals, I did a quick analysis of the bigger cycles and how they've typically played out after a drastic sell-off when the CCI crosses at the level we're at now.
What's your target?
XRP regained support and volume has kicked back in on this move up
If we can clear previous highs then shorts will get squeezed quickly
the USD pair looks ready to break out as well with lots of room above
Retraced all the way back to our green support area, some recent volume coming in today. Slight bullish div on the 4H.
I'm personally being patient, but I think if XRP were to bounce, it would be around here. First area of resistance would be the yellow POC and R1, which would make good TP areas.
. Ripple/Ethereum 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.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.
. The RSI downtrend is broken, so the probability of the Beginning...