XRP/BTC broke the downward trendline that was established since 20 April '18. (marked as red) We didn't see an increase in volume yet, so I'd wait for a break of the resistance area around 0.00004400 BTC before scaling into a Long. If the area breaks, we will most likely see a huge pump. A stop could be set around the most recent support line (marked as green).
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looking for a great short opportunity when the pair reaches resistance
still expecting short from this pair. BTC looking very bearish and alts will follow.
looking for a pullback to the support. important support.
Listing on Coinbase SEC declaration of its legal status Production deployment of XRapid Announcement by central banks of backing of stable coin on XRP ledger XRP ETF XRP used by SBI Holdings for FOREX settlement Announcement by major institution of institutional Custodianship for digital assets CODIUS deployment Ripple announces...
XRP is one of the controversial crypto assets in the market specially for its centralized behaviour. But it is one of the most speculated assets by banks from crypto currencies so far. It was in a downward trend like most of the crypto assets. And it seems finally it started a reversal from its current bottom at 5423 sats. A falling wedge pattern is already on the...
As you guys can see there is 1 more move left for xrp/btc.
What we see: - Daily/4h level 10 oversold! - Hidden bullish divergence - Ascending triangle Need more proof? I don't think so. Enjoy!
As you can see from the chart history has repeated itself before so why wont it do the same again? I know the patterns are not perfect but damn they are close to it This is not Financial advice only a observation of a pattern. so use don't use it only time will tell us what will happen. Enjoy feel free to comment and correct me where i am wrong Good trades...
Based on XRP market cycle, Bull Run is quite near. One last fall to between 5080-5350 seems to be the beginning of "the sunny days". My assumption is based on how first bear market ended (at the support of first bull run peak). So I think we will find a strong support at second bull run's first peak, which is 5080 sats.
XRP is respecting market structure market memory MM reversion zone movement we have to make money *** if you are in the goooo community
BTC has formed a rising wedge pattern that is about to follow through with a bearish reversal. BTC hold the vast majority of the market cap for the cryptocurrency market and thus you can see similar trends on other large pairs.
XRP is currently completing an AB-CD Patron and arriving areas of bulls ... and areas of reversion XRP could be a good investment in the direction of trading regards
XRP oportunity drawing patterns AB-CD BUY FIRENDS
Looks like XRP is still within this potential symmetrical triangle formation? Many other alts seem to be looking more bearish at the moment against BTC, what do you think?