BINANCE: XRPBTC -The previous resistance area is now tested twice and can see the Bullish reaction -Currently, XRP is trading inside this downward trendline resistance -The safest approach to trade this market is to wait for breakout confirmation -You may enter on breakout or retest of trendline -The potential target is up to 2800 or higher ^Trading involves...
I anticipate a breakout within the next couple weeks...this is how the wedge looks on kucoins weekly chart:
XRP/BTC -The price is starting to break outside the trendline resistance -XRP is also testing the 200D MA dynamic resistance area -If the daily candle closes Bullish, this will signal a potential reversal -We can also see last August 27, XRP tested the previous resistance zone -It bounces off strong as the buyers started to enter the market -Take note, the golden...
Ripple further losing his value against ethereum and is almost at same lows price as like two years ago.
The RSA, The EMI (100) and MACD all point at XRP making gains over ETH over the next week The next target, (from the current position), is 0.00085 in the next 10 days. But if we go down to the next level of resistance, ( <0.00069) then the target will not be reached until the end of the month. The good news is that both coins are valuable so holding either XRP...
Looking at the weekly chart here we can see the XRPETH chart is reaching the apex of a falling wedge its been in for quite some time. Should this see a bullish breakout upward we could see XRP make 130-140% gains against ethereum based on the measured move for the wedge. This pair's chart can be harder to predict than normal usd, btc, or tether paired charts but...
As the other top contenders in cryptocurrency have been on a breakout mission as of lately... xrp ripple has been floating near the bottom of major support level aligned with the previous horizontal support level during the 1st major bullrun. It is good to see it start to try and make that transition here. On the larger timeframe of a 2 week chart we see a...
About 100+ days without any significant action for XRP, but it seems to start slowly moving higher. Nothing special yet, so it's a good R:R to catch the pump (possible). Good thing - usually Ripple pumps hard, bad - idk maybe this time there will be no pump xD But I prefer DeFi coins ATM to be honest. Hit the "LIKE" button and follow to support, thank you! ...
XRP/BTC -strong bounce at the lower trendline of support -it is likely playing inside a bullish reversal pattern -the only way to confirm this setup if we can see a break to the upside -closing above the descending trendline will signal buyers to enter -this setup is ideal for mid-long term view -as the candles are defined by weekly size -some bullish sign is the...
XRP/BTC -this coin has been in a downtrend since the start of 2019 -the price has entered the area of dynamic support -there is a bullish divergence on the weekly RSI -the pattern is forming a potential reversal channel -we have two scenarios here -if xrp is unable to break the downward trendline -it may go down 1 more left before attempting to change the...
Here's a better chart: charts.cointrader.pro So you're bullish on ETH? Defi will lead the way for the next bull market?! You're an emotionless market participant and want to make money? Then maybe you should drop ETH and buy some XRP! As you can see in the weekly XRPETH chart, several bullish divergences we're already building and playing out nicely for...
Hey let´s see what we got there. Keep in mint that Good traders track and work with the market emotions too ! (Greed & Fear cycles helps to determinate reversals "fundamentaly" (XRP dead) and when technicals meets the criteria aswell ^^ ... I would like to know below the chart in the comments if I need to explain this chart any further. If you have any...
XRP/BTC -descending triangle broke to the downside -weekly support is broken at the 2300s -next weekly support is located at the 1500s -if downtrend will continue, expect -30% more -you have entered Long position above the 2300s -your stoploss should have triggered already -don't catch a fallen knife -wait for the reversal confirmation -before entering a Long position
*Ethereum similar set up, see link below Area of Interest XRP battling resistance and by the end of the day will come to the Trend line from the ATH (orange Trend Line) Price may battle this area or come down to test the APEX. If respects and goes higher a channel zone is in play. Will check back in a few candle prints 📈Support & Resistance📉 Support...
elliottwave xrp macro; As long as we stay in the pink channel, the relevant targets are on the graph.
XRP/USD -long term view -strong increased in volume -bounced at 2017 support area -respecting downward trendline support -within a bullish descending channel -upside potential is up to 0.5 -key stoploss below 0.111
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:...