Ripple (XRP) technical analysis:
Trade setup : Bullish breakout from Ascending Triangle pattern and above 200-day moving average signaled resumption of an Uptrend. Price spiked up as high as $0.73 but got very overbought (RSI > 85!) and pulled back on some profit taking. This pullback near $0.55 support and 200-day MA could be a swing entry opportunity in an...
Ripple (XRP) technical analysis:
Trade setup : Bullish breakout from Ascending Triangle pattern, above 200-day MA and $0.55 resistance, signaled resumption of uptrend and price has reached our target of $0.68. However, price is now very overbought (RSI > 85!) just as it reached that $0.68 resistance. Hence, near-term, we’re likely to see it pause here on some...
Ripple (XRP) technical analysis:
Trade setup : Following a breakout from a Descending Triangle, price spiked up massively to $0.92 resistance on favorable legal ruling. This level also acted as resistance way back in early 2022. However, it got very overbought (RSI > 80) and saw selling pressures from some profit taking. Price has consolidated in a Pennant...
Ripple (XRP) technical analysis:
Trade setup : Breakout from Bullish Pennant pattern confirms the uptrend, with upside to $0.92. Previously, following a breakout from a Descending Triangle, price spiked up massively to $0.92 resistance on favorable legal ruling. This level acted as resistance way back in early 2022. However, it got very overbought (RSI > 80)...
Ripple (XRP) technical analysis:
Trade setup : Bullish breakout from Channel Down, above $0.45, which could signal resumption of Uptrend with upside potential to $0.55. Momentum turned bullish again (MACD crossover and RSI crossed above 50 centerline).
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line...
Ripple (XRP) technical analysis:
Trade setup : Bullish breakout from Channel Down, above $0.45, which could signal resumption of Uptrend with upside potential to $0.55.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish ( MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest...
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (1.4982).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XRPUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
....
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.400).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XRPUSDT is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.5656).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XRPUSDT is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.5656).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XRPUSDT is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
XRP is quite good to start accumulating. Buy it close to 0.2$ as possible for 0.3$ or even 0.35$ target
It will drop sharply to 0.15$ if lose the 0.19x$ zone
Current price of XRP is quite good to hold in long-term. But there is a super strong support at 0.28$, if this level can't hold XRP, XRP will die
Buy : Close to 0.28-0.29$ as possible
Sell : 0.31-0.345-0.37-0.42$
Mid-Hold : 0.5$
Stop : Under 0.28$
