We have a Diamond pattern forming at these lows here on the Monthly XRP Chart. Diamonds are inherently Neutral Patterns but given the fact that XRP is currently sitting closer to Horizontal Support than it is from Resistance; I'd say the edge is leaning somewhat more towards the Bullish Scenario Here. I'll be Posting a Macro Chart for the XRPUSDT Pair soon the...
Please 1st of all click the boost 🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free. Ripple broke the (red) major downtrendline (click the idea below to see it the whole downtrendline) ...and then consolidated in form of triangle. Recently it broke up out of this triangle📐 and I think there is chance for...
The chart has approached the resistance zone, in this case we see the weakness of the buyer, it is possible to reduce the price to the nearest support zone for further resumption of buying. If you liked the idea, please like it. That's the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in...
Please 1st of all click the boost 🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free. Don't be just a taker, be a giver! 👍🏻 Ripple has been stronger than most of other coins recently but yesterday it just hit resistance confluence - the major downtrendline (red) plus local uptrendline (dotted yellow,...
Hi Traders, After the pump to the final 0.54c price gap took place we now face another short entry opportunity, i updated the prior XRP posting when re-entering short 0.535c but in general anything above 0.50 is a decent entry for returns. Indicators as-well as BTC look read to take a dive. WHY ART OF THE SHORT? Shorting/dumping is the MM way of taking back the...
Inverted H&S present on chart We are yet to experience the right shoulder arm which is a bullish period for price This bullish assumption is support by a trend line in white, however price is still within a down channel I expect XRP to perform well into the next year
Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (XRPUSDT 1W Chart) The 0.4989-0.62 interval is the interval that determines the trend. Therefore, it is important to be able to support and rise in this section. (1D chart) A volume profile...
Here I present a potential XRP correction towards $0.34-0.40 which gives a very nice short set up which would also provide a nice entry zone for longs as I do believe XRP is in a longer uptrend.
In the previous analysis, I mentioned the breaking of the upward trend line in the three-day time frame. Now, in the 2-hour time frame, a triangle pattern has been formed, and I expect this pattern to break in both directions. In case of failure, I specified the support and resistance areas in the chart. Its not Buy or Sell SIGNAL DYOR BY : M.TeriZ - @AtonicShark
Recent XRP gains against bitcoin… signs of ripple strength Chart Overlaid with: - daily pivot levels - Fibonacci extension - MA 50,200 Daily Timeframe See my earlier post for XRP analysis
Today, we would like to update our thoughts on the Ripple cryptocurrency. We continue to notice signs of exhaustion from the technical perspective. At the moment, we closely watch the symmetrical triangle on the daily chart of XRPUSD. The recent breakout from the pattern is bullish. However, we have no reason to change our bearish bias on Ripple. As we noted...
Simple, Bearish divergence, 38cts to retest the RANGE. - Bearish Divergence on 1H - Bear flag - Gap to 38cts - Wyckoff range retest at 38 cts
If you like the idea, please like it. That's the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
Hello As you can see guys XRP is forming a wyckoff accumulation and now we are forming the SOS safe buy from here Target 2.618 fibo : 0.94 Good Luck To Us Please Like it school.stockcharts.com
Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (XRPUSDT 1W Chart) The key is whether it can rise above 0.4989 and find support. (1D chart) Resistance: 0.4989-0.62 Support: 0.3283-0.3466 If the price is maintained outside the long-term...
A brief history In 2004, a few years before the introduction of the white paper and Bitcoin by Satoshi Nakamoto, Ryan Fugger conceived the idea now known as Ripple. Initially, Ripple was not based on blockchain technology. The development of blockchain technology and its implementation within Ripple began in 2012 after Ryan Fugger handed over his project to Chris...
Here's a quick look at the XRP 2 hr. chart. As we can see, the price has been forming a symmetrical triangle and we should keep an eye out for a break above or below the triangle. A break above the triangle will probably push the price higher, and if the price breaks below the triangle, the price will probably go lower. -------------------------------------------...
In our last idea on Ripple, we warned about the inevitable end of the rally and a return to reality. Indeed, even before that, we dismissed why it would not be possible for Ripple to reach sky-high valuations like 100 USD or 1 000 USD, which many market participants seem to be forecasting. Despite that, however, our view has not changed much. We remain bearish on...