If you see the XRP/BTC monthly chart, XRP price is about to reverse as it is now getting closer to a historical strong line of support (from 2014). We might retest 2000 satoshis but unlikely to go below 1900 satoshis.
The subsidence of dominance will release the force in altoin.
that's why I'm buying.
a breakdown of a strong weekly level.
Going back up would be a false break-up.
Push ❤️ if you think this is a useful idea!
Before to trade my ideas make your own...
Bullish divergence on XRP 4H chart, in which oscillator produces higher lows while price produces lower lows. The divergence scenario hasn't been very successful for myself, however i am trying it with lines instead of candles seeing if going from candle bottom instead of wick bottom works. Golden cross is coming on the daily chart also. Looks very bullish.
What a terrible week for Cryptos. Markets were in the mood to get out of any high beta positions, XRP was no exception. We also had to contend with month-end portfolio rebalances and excess USD demand. The complete retrace towards 0.25 - 0.24 has led to a series of stops and XRPUSD has managed to find a fresh bid. Central Banks are going to provide respite this...
XRPBTC had recently broken out from falling wedge, and price tested resistance around 0.00003050 BTC Before dropping back below 0.00002800 BTC. XRP is currently trading at 0.00002890 BTC.
Considering the high open interest rate on BitMEX, We can soon see a drop in bitcoin value from a 10000-10300$ range. The upcoming drop in Bitcoin value will cause a quick drop...
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
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...
Pairing looks solid with green horizontals and red representing stop:
Stop @ 2967
This is a second wave pending volume confirmations from the second XRPUSD publication in which I was referencing in my earlier publication earlier last week. This is a short-mid term entry. Highly volatile.
I would suggest making an entry soon as possible if this was a financial advice pertinent publication; unfortunately it’s just for entertainment purposes so nothing to see here folks *wink*
Targets and stop being viable for both XRPBTC AND XRPUSD with XRPBTC pairing short set at 3767sats and the aforementioned in the publication above!