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XRPUSD is approaching our first support at 0.4738 (horizontal pullback support, 100% Fibonacci extension, 50% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 0.5718 (horizontal swing high resistance, 78.6% Fibonacci retracement).
Stochastic (34,5,3) is approaching our support where we might see ...
Previous analysis on XRP' went perfect with a +20% profit where we got in at the low and sold at exactly the top. Wish it was that easy all the time, but as my early followers know i am not the kind of person that sells dreams. Just like Bitcoin', XRP is also still at an important point for the mid/long term. After the drop we found support at that green zone i ...
After an impressive run from the high 40's to 57+ we've found a range in the 50-54 area... are we now breaking upward again?
Go back to BTC when it started the 2016 bull run. I see similarities in BTC at that time vs XRP now. Which is following a certain different path then bitcoin. XLM also has better looking chart then bitcoin.
Historically November and December are bullish months for XRP, I have marked supply and demand levels in this Idea, Green zones are potentially Buy zone and red is a Sell zone.
TP 1 - 0.60
TP 2 - 0.80
If cross $1 then look for last year high which was $3.40
Good Luck :)
btc is in the triangle structure and is going to complete last wave of triangle to upside
there is a wedge and abc wave of that wedge is complete and doji candle can be print on 4h for reverse.
trade is counter trend and have high risk.
I think XRP/Ripple is about to break out for a couple of reasons.
The news have been rather positive lately, (no bad news)
The volume is low
MACD is about to cross
The RSI is a little high, but it is bouncing back
So I think there should be a little bit of profit to be taken in the next few days.
Trading might remain flat before it goes up again.
XRP has moved nicely off support and is on its way to test resistance around 0.53
We didn't really see much volume accompany this move off support but volume has entered the market today, which is normal after the weekend
BTC does however look weak here and any sharp move down could see XRP follow suit
EMAs still trending upwards and expect both to provide ...
Until now we are in the so called "No Mans Land", where we shouldn't place any orders.
Just let's wait and see where a breakout occurs. To the upside or to the downside.
I HOPE and think, that we will break UP for a good long entry.
I don't like to do TA on XRP, but I did it anyway.
Price sitting on .618, Bearish looking triangle formed.
OBVOSC - Higher Low? - possibly Bullish
I am watching to see if XRP will break down out of this pennant pattern, although it could easily pop bullish as it is retesting the $0.50 support. However I believe we will see one final push lower before finding the next support.
long term bullish. moon soon lambo when binance. Non compounded, non leveraged, non repainted, non wishy washy fake indicators, low drawdown, new algo.
Trying to like Ideas, weekly chart
Great pennant pattern pattern contracting on the daily chart currently. We can expect there to be a breakout in either direction most likely today or tomorrow. $.50 provides a strong support level as it is retesting the prior breakout that occurred last week. However if we break tis level we can expect a pullback to $.47 or the lower .40's shown with the green ...
- used a line because it has insights that candle doesnt
- BTC needs a catalyst like ETF, major adoption, etc. but can blow up easily after that
- $6800 is the most important resistance for BTC to break
Q4 for BTC is usually a good time :)
Continued movement from XRP