Hello traders! There's a very good risk/reward opportunity developing in ripple at the moment. We have very clear and distinct patterns that are forming, these patterns repeat themselves and are a very good directional indication. Look for buy-setups on lower timeframes, trade with care! I will update my idea as the trade progresses if any changes occur and my...
circled touches on the fib level 1 Bounce off the 200 day moving average within a channel still, pump to push it firmly back in? Hodl XRP
Sitting right above the channel, so much potential right here just based on TA I am hodling
Four times price touched the local resistance line. But we didn't see a breakout. Now I see 2 scenarios: 1) Squeezing to the level. If the price starts to do it, it will be a great chance to buy after breakout and retest with sl. 2) Make re-low. If we do it quickly, it will be a big opportunity to bounce from the last low (0,6469). Write in the comments all...
I opened a buy position in 0.68. It was a great time to buy because of dramatically dropping in the whole market. With this drop, we showed how strong the zone 0.2- 0.6 is. On the chart, u can see a big accumulation there. Now I keep hold and wait for growth to 1.2 zones. Let's see what happened. I'm willing on another scenario. It's market and I'm not God Write...
Ripple intends to deal with high gas fees in the non-fungible token (NFT) marketplaces. Despite the NFT flooding the cryptocurrency space headlines, especially in the first quarter of 2021, high gas fees have almost crippled the sector. The drastic rise in the NFT culture is a story to reckon with; however, users are forces to accept dwindling interest due to the...
Ripple is retesting support at 0.6367 level. We can observe it to respect that price and bouncing of of it. This level represents top of triangle we were talking about in March this year. On top of that XRP is forming a channel so there is a chance for nice pull back. Ichimoku: Chikou under price, SS1 under SS2 plus we experienced massive drop below Kumo,...
XRP is moving south again and going by the chart, it is heading towards point E on the chart. This is would be end of the cycle and XRP should bounce off point E and then breaking the upper part of the triangle. What would be interesting to see if it will be able to break the Resistance at $1. If it does then its good sign. however it looks unlikely. If you...
200 weekly MA is line in the sand. follow it for good trades. watch & see
Yesterday, the price made a false breakout oh key level 0.8883 and bounced from it. Now the best scenario for Ripple is building a local trendline with squeezing to it. If it happens, it will be a good pattern for a breakout. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a...
Hi guys Welcome to the new idea of ripple in which we will discuss the future of ripple. Future seems clear it will go to new highs soon. Currently it is in the symmetrical triangle and we are seeing the breakout soon. If you want to do scalp trading inside the symmetrical triangle then Buy : 1.35-1.45 Sell : 1.55-60 If you want to hold for long term then...
This correction for Bitcoin found Ripple consolidating, if we look at the bigger picture, and every new low for Btc had a higher low correspondent in ripples' case. If we were to make an analogy with recent development in Eth price, we can expect a similar outcome... In my opinion, with selling power lifted from BTC, a break of triangle's resistance is imminent...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.4485). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . XRPUSDT is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
XRPUSD daily chart is close to confirm the formation of a bullish symmetrical triangle technical pattern, Waiting for the daily candle breakout confirmation.
Ripple once again lost steam during an approach to $1.6. A correction began on Wednesday as bears put pressure on the support areas at $1.5 and $1.4, respectively. The news that Tesla had suspended Bitcoin payments for its electric vehicles sent the market in bloodshed led by BTC’s drop under $50,000. Ripple could resume uptrend toward $2 The retreat from...
Ripple appears to have renewed the uptrend following the flash drop from $1.6 to $1.2. Overhead pressure seems to be diminishing as bulls take control. Several hurdles have already been overcome, whereby XRP currently trades at $1.52. Ripple’s slightest resistance path is upward The cross-border money transfer token is immediately supported by the 100 Simple...