Welcome to this quick xrp/usdt analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :-xrp/usdt is bullish falling wedge retest conform
Entry:- cmp and buy the dip
Traget:- 5% to 10%
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held...
XRP has a history, at least since July 2020, of explosive runs after the 1D 20MA crosses above the 1D 50MA, and it usually begins from a relatively high position on the RSI between 50 and 60 and the MACD MAs above the zero line.
In the case of the most recent cross, it occurred with the RSI at 59 and the MACD MAs above the zero line, so this current structure, if...
Friends, we are witnessing the fall of Ripple, right up to the area where
We considered it as support in previous analyzes
Now for wanting to resume its uptrend
He must break the resistance line upwards
And for the shorts position is enough that the price range is low
If the blue color closes, the currency trend will decrease
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.
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...
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...
XRPUSD LONG - INVERTED HEAD AND SHOULDERS INCOMING
First - Bullish Breakout - Ascending Triangle after that, we will create the right shoulder for the breakout.
In my opinion, we saw the bottom of XRP.
Thank you, merry Christmas and leave a like.
Although the whole Crypto markets are dumping with Bitcoin.
The XRP is clearly getting sold off.. rather dumped on the markets.
Probably by new deals from Ripple who get XRP and sell it for Fiat to run new businesses.
Maybe new businesses will use advantages of XRP.
But most of it will be exchanged for Fiat.
As XRP only has a small short quick holding time to...
For whatever reason; chart is not publishing as it is on my screen so I've reprinted the SS above ^
T1-4 with TP1 & 2 being SHORTSELL exits (48-80 hrs)
TP3 a mid position (timeframe 3-5 days)
TP4 a LONG position (>7 days -- pointless to speculate)
OFC stop @ 3151 <-- MOST IMPORTANT FIGURE!!
We have so many resistance from up ahead, and the only couple supports from down.
There is a problem that big whale or even RIPLE management funding this price drop, as we see that constant sell-off coming again and again.
If we check lower TF like 5 min or even 1 min, we will see that the market manipulated by high trading bots.
What I see does not make me...
As you see here in weekly time frame we are resting on top of the weekly 200 SMA which I don't think will break as support. Looks like accumulation phase and with the larger picture forming it can be a cup which according to one scenario of Elliot wave confirms. I see it bullish because the market as a whole is picking up volume that would be great for most of the...
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...
MACD is bullish...
Moving averages not so much, but we have to believe it's going to reach for that 50 day SMA ~8k
Momentum squeeze indicator on the rise
Aqua lines are old LONG FLAT ichimoku lines (magnets), but developed during bull market of course.
RSI is low and looks ready to bounce soon
Wedge was broken to the upside.
Most adopted crypto by current...