On my 21st of August XRP analysis, I said that after the drop-back under old resistance, which should have provided support, the coin is not looking good at all and the more likely scenario is a down continuation to 0.4 next support.
The coin, as expected, tested the old resistance from 0.55 and dropped again.
Now, we are in a small correction from the recent...
Overall market is in a down trend, but we can see market is making an upwards correction in 1h timeframe, and in the last day it has broken it's upwards structure by creating a lower low and going above break of structure point, now we are waiting for market to go down below and entry on BOS point.
Entry: 0.4276 (BOS)
Target: 0.3570 (Overall trend recent lower...
XRP/USDT after the high wave of 52 cents, the abc wave is being completed and this wave will continue until the price range of 67 to 88 cents.
The best price entry area is 73 cent.
0.65 has proven to be a major psychological level for XRP since its invention and right now the level is holding as major resistance. A nice double top formation has formed on the level and I am keen on XRP reaching daily lows at 0.43.
After the XRP rally to around 75c it is now time to return back to 20c and retest a counter trendline that was broken upon the upside movement and a weekly ascending trendline, which crosses over perfectly at the price range we are anticipating. In addition, you have a 20c support floor that adds to our confluences.
XRPUSDT 1D-TIMEFRAME ANALYSIS✨
Hello ladies and gentlemen
This is my new idea for the Ripple
My idea is that the pair will go lower
broke down the daily support sells offs start
I hope my idea is clear
Support me by like and share
Stay Safe💯
Good luck💰
Goodmorning traders!
IF this candlestick engulfs and closes under the candlestick I've circled and also under 0.25000 i will enter a sell. Also every time price closed under the green structure price kept falling until it hit another key zone, eventually price will test the support line of the ascending channel. if price heads back up from here it was testing the...
At D1, the cloud is directing upward, indicating an uptrend. The RSI moved down and the price found support on the Ichimoku cloud.
At H4, the cloud is directing downward, indicating a price correction at the D1 timeframe.
Besides, RSI is at the oversold level, which indicates the weakness of sellers.
We recommend buying XRPBTC when the RSI reaches the oversold...
H4
On D1, the cloud is directing upward, indicating an uptrend. The price also broke the downtrend line at D1.
Conclusion:
Locally, we recommend buying when the RSI reaches an oversold level on the H4 near the Fibonacci level of 50%.
H1
At H4, the cloud is directing upward, indicating an uptrend. The RSI is not far from the overbought level, indicating a possible...
Hello again my friends, XRP is setting up for what I like to call a painful meltdown.
Why? Because adoption of XRP by big banks/institutions will not be at 0.25-0.30 cents, that is too expensive. They can get 2X the amount of XRP by pushing the price down.
I mean would you rather have 500 XRP for $150 or 1000 XRP for $150. You answer it.
HODL your seats, and get...
