for my subscriber @pastor_treda the double bottom works itself out by the size of the bowl previous idea is working itself out double bottom only confirms growth
As you can see a bullflag has collapsed but it is no ordinary bullflag collapse, it has collapsed into a descending scallop! A very successful and bullish pattern. I expect XRP to see large increase in price once the horizontal support is tested.
Heres a few ways that xrp could go. plan accordingly.
Hey Everyone, We have a pennant forming right now. To be honest, I'm torn as to whether it is a Bear or Bull Pennant. Overall it's in the downtrend, but the pennant has formed on an upward move from the $0.10 low. Its up for you to decide. My current position is holding my XRP that I longed at $0.2355.
Greetings. Please leave a Like if you like the idea XRP was not able to test the horizontal resistance and might return to the horizontal support zone. We can go short with small risk Leaving a "like" costs nothing and really helps me out; please consider it! It's the #1 thing I look at when deciding to work on future content. Peace Out! Not a Financial Advice
Little bounce to 0.0342 fibonacci level where we also have a resistance at which I could sell. XRP would complete wave 5 down @ $0.06 Could be a good entry point ($0.06) if this currency survive. ** not investment advice **
Greetings. Please leave a Like if you like the idea Xrp printing higher high and seems we hold a support trendline. We can go long either of current level or if get a confirmed retracement of the support trendline. Small risk on this setup Leaving a "like" costs nothing and really helps me out; please consider it! It's the #1 thing I look at when deciding to...
Moving averages have still not crossed to the upside... BUT a clear strength is showing up on the RSI relative to Bitcoin. XRP is very likely to outperform BTC and we know that when it happens, it will be significant !!!
WHEW. Nasty moves to many sleeping investors. A stop hunt liquidated all the way down into the .13 cent area. Xrp attempting to find candle body support on the .18 cent support region on the daily chart. Rough waters keep many on shore but some go out and ride the waves... Will have to continue to see this "shituation" play out. Global everything getting all...
Bullish divergence on XRP 4H chart, in which oscillator produces higher lows while price produces lower lows. The divergence scenario hasn't been very successful for myself, however i am trying it with lines instead of candles seeing if going from candle bottom instead of wick bottom works. Golden cross is coming on the daily chart also. Looks very bullish.
In weekly chart we can hold #XRP (that is my LOVE) until it gets to resistance zone. Stop by breakout the support zone.
The breakout trade worked out fine, now I wait for XRP to get up a little higher to get an even more profitable short trade there.
Hi, First of all, likes and subs are appreciated. So after last update price completed Head and Shoulders and went down hitting primary targets: about 20% profits no-leverage, so up to 2000% ROE on Cross. Still some chance to go down to near $0.200-0.188 to complete H&S target Last update:
If we look at ripple we can see a VERY similar pattern that we saw on BTC and ETH. We can see that MACD is gearing to turn up and RSI is also starting to turn to the upside. While a move down seemed imminent for a while with the head and shoulders we identified, that has indeed played out. We can see on the XRP/BTC cross that we are ALREADY at a bottom point....
A lot going on with this chart but the main take away is we are looking for the final E leg of the abcde combination correction that started from the peak in 2017 at ~$3.50. The Red "fair value" channel is holding support, golden cross, market is ranging in this area but stoch rsi is oversold. Bullish divergence on Volume. I have drawn 2 projected paths. Failure...
Some traders always wondering whether XRP will fly or not. Let me tell you, son. It is just a matter of time. The bullish set up is ready, beautiful restest on fib 0.618. Wave 3 is on the road. The only thing you should ask is how high. Peace and happy hunting.
A bit messy, but went from top-down. After a quick top-down look at XRP, it has broken out of one downtrend this week on the daily timeframe... I have noticed a bearish volume divergence as it's tried to test the resistance areas above and it's created a rising wedge. It's held the support range from low .22-.23 and began consolidating after the large downtrend...