XRP has been on an uptrend after breaking support on it's downtrend and i believe it'll break it's uptrend soon because it is approaching a resistance level, if it down break it's uptrend there will be a downtrend of 2% profit or even 4.5% profit! Goodluck!
however if it goes above the resistance level then i dont know what will happen.
Ripple - Intraday - We look to Buy a break of 0.632 (stop at 0.619)
A break of the recent high at 0.632 should result in a further move higher.
We are trading at oversold extremes.
A bullish reverse Head and Shoulders has formed.
Our profit targets will be 0.664 and 0.674
Resistance: 0.630 / 0.650 / 0.660
Support: 0.615 / 0.600 / 0.585
As the market turns out to be decisive every new day, many altcoins possess their undetermined behaviour. And hence the XRP price which is strongly holding $0.6 area from past 3 to 4 days may eventually slide down.
The XRP price as seen in the above chart maintained a significant descending trend and currently consolidating within a narrow range
The price...
if the fib level 0.236 ( support)
can be reclaimed, price of xrp can increase to the golden pocket 1.618 =5 dollar!
always dyor, use stoplos and good risk reward :)
- I look at this crypto market on a long term scale, however in the short term I do believe a shake out is coming, some sort of negative news will send the overall crypto market down, but remember when there's blood on the streets you buy the DIP!
- RULE NUMBER 1: Only invest what your willing to lose
- RULE NUMBER 2: Always DOLLAR COST AVERGAE in your...
XRP again the bears are clearly in control here - we have a strong downtrend on all timeframes, from a 1D perspective since the recent bearish impulse the market has now made a correction and potentially forming a new LH formation. On the LTF price is consolidating in the form of a bullish pennant i am looking for a push to the upside which will induce bulls into...
The price has broken down the rising channel and is forming a falling channel. 100 and 200 MAs are strong resistance levels. Possible scenarios of price movement are indicated
Please like and comment as it pushes me to keep creating content on pairs and my bias on it :) -This is merely MY outlook and not advice on what YOU should do just my opinion on what I see - yonsfx
XRP is approaching the support it established at the end of January. If buying returns, XRP should quickly rally back to the $0.9 zone according to Wyckoff theory. However, here it is easy to see a strong selling force to $0.55 or $0.5 before a strong increase to create a beartrap so we need to pay attention to capital management.
📈RED PLAN
♻️Condition : If...
XRP-USD Weekly Support! Buy!
XRP-USD is about to retest the weekly support level
Which seems iron-clad, thus I am locally bullish
And I will be expecting a rebound
And a bullish correction from the level to the upside
Buy!
Hello,Traders!
XRP-USD is about to retest the weekly support level
Which seems iron-clad, thus I am locally bullish
And I will be expecting a rebound
And a bullish correction from the level to the upside
Buy!
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See other ideas below too!
slightly higher probablity that price exits triangle in continuation with trend before entering the triangle
bearish scenario has potential to take XRP into the .20s
I prefer the bullish continuation
-your own risk, your own reward-
ARM ENG
#XRP
On the bottom of the trend XRP is printing H&S which is often a reversal pattern.
In case of breakout of the neckline we can go higher to 0.64,0.66,0.672$ levels and then turn down and come back to 0.62-0.60$ support levels
In our last analysis, we had a level we were watching for SHORTS. Price came to that level and rejected perfectly and dropped over 35%. This was only a short term trade. Now we're getting ready for the longer term trade idea, which could show us gains of over 300%!
Trade Idea:
- Watch the structure level if we move down there and watch for a bounce
-...
