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XRP is crossing out of the overbought area on the Stochastic set at 60. It has previously made decent short-term gains after breaking out of that area, although the biggest parts of the moves have been after it crosses the white trend lines marked within the Stochastic indicator. Good luck HODLers!
XRP made a really strong move today, but I think the move we will see over the next few days will be even better. Watch Wednesday/Thursday closely through to Sunday.
After I successfully predicted the first breakout on March 19th which occurred a few days later (see link below), and having just predicted this breakout we're now seeing shortly before it occurred, XRP is now flagging nicely on the 15 and 30 min charts. This is what I call the 'Falling-Star-Pattern,' and it's performed well for me over the years.
Compare this...
If XRP falls below the .422 level, it could erase virtually all of the gains we've seen this week in the coming days. However, if it holds, we could also see it take another run at the .495 level.
Interest in XRP has been growing steadily the past few years. After the amazing run on Wednesday there is no doubt that many are plotting their entry points for the growth to come. With today's pullback we need to see XRP's price break the green trend line.
After XRP's epic bull-run style move today, new trends will be forming moving forward. And, it looks like the trend is getting started off right as it's currently flagging like a boss on the 15 min.
A big move came this morning. Resistance at .466 and .555. I think we will see the biggest moves heading into Thursday the 23rd and possibly continuing into the end of the week. (Sunday)
Fasten your seatbelts.
Ripple seems to be done with local up-trend and could retrace down to 200MA after that bearish retest.
⚡️⚡️ #XRP/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (5.0X)
Amount: 6.7%
Current Price:
0.4072
Entry Targets:
1) 0.4153
Take-Profit Targets:
1) 0.3780
Stop Targets:
1) 0.4402
Published By: @Zblaba
Risk/Reward=...
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xrpcharts.ripple.com
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