Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.00002060). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . XRPBTC is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.00002060). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . XRPBTC is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
XRP has yet to show us that it is a potential coin because its low profitability and many inadequacies in managing the number of tokens. And of course, we can't expect too much of further price targets for XRP XRP will continue sideways in July and the peak may be at just about 2100sts Consider selling XRP if it falls off the 1900sts level as it will take you a...
Market : Binance Buy : 2175 - 2200 Sell : 2300 - 2400 - 2500 - 2600 - 2800 Stop : 1975
No oped on this one -- figured I'd keep it short & sweet. Head & Shoulders indicator coupled with massive volume surge led me to dig futher. Green Horizontals represent TP1-3 with TP3 a midterm sweep. Red horizontal worst-case stop. Markt VOLATILITY: HIGH Keeping this publication NEUTRAL as next move is contingent on BTC price volatility. Risk/Reward:...
XRP ANALYSIS: XRP bears are pushing back down into a well known support block. Im expecting one more wick to clear a double bottom right near 2550 - 2610 sats. This would put XRP right into major support and at a prime entry for long position. After entry, look for a push back UP towards T1 at 2760 sats, T2 at 2880 sats, and T3 at 3020 sats! If you notice, XRP...
Hi friends, hope you are well. In my previous post on Ripple with Bitcoin pair we have seen that the XRP had completed the formation of bullish BAT pattern. This chart was based on midterm 2 days time period and as per Fibonacci sequence of BAT I predicted that the price action should move up from the potential reversal zone of this pattern to enter in the...
XRP ANALYSIS: XRP has had a DEEP fall, and is expected to have a relief rally bounce back up to the resistance zone which now posted within the range of 2620-2690 sats. This zone is your short entry ideal zone. Wait for the price to bounce and stagger bids inside this zone. Long term outlook is the breakdown of XRP/BTC down to the low hanging support inside the...
Hi folks hope you are doing good, in my previous idea of Ripple with Bitcoin pair we have seen that the XRP had formed a complete bullish BAT pattern and on 2 day chart. The formation of that pattern was started on 6th September 2019 and completed in December 2019 and we have seen that on 2nd Feb 2020 the price action moved up with the powerful divergence and...
XRP ANALYSIS: XRP broke thru the rising wedge and is now on the downward decline. This is prime time to short upon the confirm break of the triangle as shown here. Entry for the short is 2640 - 2690 sats. The main targets are a break of the 100MA and a hit towards T1 at 2609 sats, T2 at 2580 sats, T3 at 2540 sats. This would complete the next wave down and hit...
Ripple is resting on a support from which pullback usually occurred. Iff we would see bitcoin bullishness I'll consider to take long. Information is just for educational purposes, never financial advice. Always do your own research.
XRP ANALYSIS: XRP has broken below all major averages and showing no signs of life yet. XRP IS inching towards a known support level, that is major line of defense for the bulls. It has held various times in the past and I expect this time to also hold. I expect a further drop on XRP down to 2500 sats roughly (very close now). There may be one final scam wick...
XRP ANALYSIS: XRP has now broken below the trend, and also below the 200MA. This is a bearish signal here and expecting XRP/BTC to fall back into support near 2500 sats. Volume is slowly declining and 100MA has again broken below the 200MA. I do expect a strong bounce off the support line, but until we get there I do not think it is smart to take a long just yet....
XRP/ BTC UPDATE: XRP is expected to be bottoming out here finally. A fake breakdown is a possible expectation. Dont be alarmed if we drop to the bottom of the wedge to a double bottom at 2425 sats and push back up. XRP is known to pump after BTC, and I think the time is near. XRP is down, but never out completely. XRP is sitting outside the wedge and awaiting a...
XRPBTC has been on three major bull runs, while maintaining an uptrend. Fractal ribbon can be seen to be in the buy zone.. Sorry if the chart is a bit cluttered hard to fit all this information in. Linear regression isn't quite important in this scenario, but i thought it would be cool to see a 0.91 downtrend smash
Good afternoon traders, not too sure why I didn't post this a week back but it was to the T. We are looking to retest our channel resistance, if broken i'm hodling. Personally as a trader, I enjoy analyzing others charts to get another perspective. That being said I won't go to deep, enjoy and have a good week with XRP! DotcomJack
XRP ANALYSIS: XRP broke out of the falling wedge with a massive 15% rise, only to be rejected at the 50 MA. The rejection retrace ALL the way BACK into the wedge. This is not a good sign. If XRP is not able to jump back out and bounce off the 2675 temporary support, then I expect a further fall down to the low end support at 2400 sats. This would be a major...
Priceline of Ripple / Bitcoin cryptocurrency has formed bullish BAT pattern and entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. Lets have a look on the pattern's move: After inertial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg...