Same pattern on xrp/usd with shortly timeframe...
Price is approaching our first resistance (horizontal swing high resistance, 50% Fibonacci retracement, 61.8% Fibonacci extension) where we might see a corresponding drop to our first support level (horizontal swing low support, 100% Fibonacci extension). Stochastic is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on...
XRPUSD is approaching our first support (horizontal swing low support, 61.8% Fibonacci extension, 78.6% Fibonacci retracement) where a strong bounce to our resistance (horizontal pullback resistance, 50% Fibonacci retracement) might occur. Stochastic is also approaching support where we might see a corresponding bounce in price. Trading CFDs on margin carries...
XRPUSD is approaching our first resistance (horizontal overlap resistance, 50%, 78.6% Fibonacci retracement) where a strong drop to our support level (horizontal swing low support, 50% Fibonacci retracement) might occur. Stochastic is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses...
XRPUSD is approaching our first support (horizontal swing low support, 61.8% Fibonacci retracement) where we might see a corresponding bounce in price to our first resistance (horizontal swing high resistance). Stochastic is also approaching support where we might see a corresponding rise in price. Trading CFDs on margin carries high risk. Losses can exceed the...
XRP SELL set up - (First XRP set up ever) Please don't follow this set up, it's more of an idea! chances of it going wrong is high, but will give me a better understanding about this crypto pair. SELL from trend line to TP zone in green.
XRPUSD reversed off our first resistance at 0.3203 (horizontal overlap resistance, 100% Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop might occur below this level to our major support level. Stochastic has also reversed below resistance as well where we might see a further drop in price. Trading CFDs on margin carries high risk. Losses...
XRPUSD is approaching our first resistance at 0.3203 (horizontal pullback resistance, 100% Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop might occur to our major support at 0.3036 (61.8% Fibonacci extension). Stochastic is approaching resistance as well. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so...
Here is my analysis on the XRP vs USD price chart. You will see a lot of people talking about the ever expanding "wedge" breakouts that are showing bullish signals but in my opinion there is more downside to come before any new highs will be made. As it stands, my final target for XRP short positions is $0.21 per coin . This is the weekly Fib -0.27 extension...
XRPUSD is approaching our first support at 0.3245 (horizontal overlap support, 100% Fibonacci extension, 61.8% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 0.3985 (horizontal swing high resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement). Stochastic is also approaching...
XRPUSD is approaching our first support at 0.3245 (horizontal overlap support, 100% Fibonacci extension, 61.8% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 0.3985 (horizontal swing high resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement). Stochastic is also approaching...
XRPUSD is approaching our first support at 0.3245 (horizontal overlap support, 100% Fibonacci extension, 61.8% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 0.3985 (horizontal swing high resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement). Stochastic is also approaching...
Technical analysis: . RIPPLE/DOLLAR is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 45. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of...
XRPUSD is approaching our first support at 0.3245 (horizontal pullback support, 100% Fibonacci extension, 61.8% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 0.3985 (horizontal swing high resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci retracement). Stochastic is also approaching...
XRPUSD is approaching our first resistance at 0.3985 (horizontal swing high resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop might occur to our major support at 0.3479 (horizontal overlap support, 50% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance. Trading CFDs on margin carries high risk....
XRPUSD is approaching our first resistance at 0.3985 (horizontal swing high resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop might occur to our major support at 0.3479 (horizontal overlap support, 50% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance. Trading CFDs on margin carries high risk....