quick trade. Trying to get the 0.38. Who knows it might even go to 0.36 before continuing higher.
$xrp in the usd chart price is consolidating under the strong resistance at 0.50$, another attempt to break upwards would probably be successful. But the attempt can't way too long or the bias would turn bearish, if bulls lose channel and 0.37 support we would see new lows
Midterm forecast: 0.370 is a major support, while this level is not broken, the Midterm wave will be uptrend. Technical analysis: Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index ( RSI ) is 61. New trading suggestion: *There is still a possibility of temporary retracement to...
Midterm forecast: 0.370 is a major support, while this level is not broken, the Midterm wave will be uptrend. Technical analysis: Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index ( RSI ) is 61. New trading suggestion: *There is still a possibility of temporary retracement to...
Parabolic run or symmetrical triangle... Whatever breaks first long it I don't think it will need a SL Targets are mentioned with the red lines
61.8 fib touch and trend line wick...
Hi all, hope you are having a great day! I am expecting XRPUSD to fall in price as we are reaching a level of resistance that has been supported. We are also reaching a support level that has been respected but may not be entirely significant as price has only respected it twice in the past but we may see what happens this time! Have fun trading all!
I see two options: on a bullish note I see it tapping .3822 again as a test of resistance also looking at the RSI we are approaching a buy market.
Price is approaching our first resistance (horizontal pullback resistance, 61.8% Fibonacci extension, 50% Fibonacci retracement) where a strong drop to our major support (horizontal swing low support) might occur. Stochastic is also approaching resistance where we might see a drop. Trading CFDs on margin carries high risk. Losses can exceed the initial...
Price is approaching our first resistance (horizontal pullback resistance, 61.8% Fibonacci extension, 50% Fibonacci retracement) where a strong drop to our major support (horizontal swing low support) might occur. Stochastic is also approaching resistance where we might see a drop. Trading CFDs on margin carries high risk. Losses can exceed the initial...
So, lets have a look at our baby XRP again. We have managed to stay at the upper trendline with the Daily candle - check! RSI is oversold, especially on UNDER the Daily timeframe. On the Daily RSI is on a neutral level (slightly oversold). On the 4h 21EMA is crossing 50EMA to the downside, what means, that we could still try to test the trendline at araound...
Price is approaching our first support (horizontal pullback support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) where a strong bounce might occur to our resistance (horizontal swing high resistance, 61.8% Fibonacci retracement). Stochastic is also approaching support. Trading CFDs on margin carries high risk. Losses can exceed the initial investment...
Price bounced off our first support (horizontal overlap support, 50% Fibonacci retracement, 100% Fibonacci extension) where we might see a further rise to our major resistance (horizontal swing high resistance, 38.2%Fibonacci retracement, 100% Fibonacci extension). Stochastic is approaching support as well where we might see a corresponding bounce in price....
Price is approaching our first resistance (horizontal swing high resistance, 38.2% Fibonacci retracement, 100% Fibonacci extension) where we might see a corresponding drop to our first support level (horizontal pullback support, 50% Fibonacci retracement). Stochastic is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on...