Although $XRP is showing good strength vs BTC. This could be a good potential short op if the correct setup is shown.
I see as a possible Short 2% Loss , and 15 % or more, Profit.
XRP looks to be retesting the triangle it broke down from early 2022. Would validate a short thesis here for me. This is on a weekly TF so deviations up are fully possible but this is a short setup,
Potential short lining up here on XRP, we have cross of moving averages, prob be a retest of the MAs first. And we need BTC to cooperate
Hi guys In addition, Bitcoin has a resistance in this area, the price is likely to decrease, but if this resistance is broken, you can also think of buying. Do not pay attention to shadows Please like and follow for support 🙏
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Ripple - Intraday - We look to Sell at 0.767 (stop at 0.781) Trend line resistance is located at 0.770. Daily signals are bearish. Preferred trade is to sell into rallies. 50 4hour EMA is at 0.764. Our profit targets will be 0.731 and 0.721 Resistance: 0.750 / 0.760 / 0.780 Support: 0.740 / 0.720 / 0.700
- As you can XRP has broken that trend line moving to the downside. - Money Miner has called a SELL so we could see a potential move to $0.60 - The red and yellow EMA lines have crossed to the downside. - Could be a good entry to BAG up!
XRP on the weekly could be revisiting 0.72 range and if it gets ugly, 0.45, just below the 200EMA (purple line). Then it will rally hard to the last HH near $2, in probably a weeks time or less, if so.
Currently XRP at Resistance level. XRP is now trading above the $0.87 support area and showing little strength because of the airdrop news. The major support for XRP is $0.745-$0.78 area. The local resistance for XRP is $0.93 and major resistance is $1-$1.10 area. If XRP hold above $0.87 then we see a test of $1 resistance area. Hope you find it usefull. Risk...
Ripple - Intraday - We look to Sell a break of 0.803 (stop at 0.826) Daily signals are bearish. There is no clear indication that the downward move is coming to an end. Broken out of the channel formation to the downside. Price action is forming a bearish flag which has a bias to break to the downside. We look for losses to be extended today. Our profit...
Patience and Good-luck are very close, your ability to wait with positive attitude is all that counts, no irrational decisions, no outside influence, no doubts , just pure technical analysis and waiting game, ripple is not very popular by many but I believe few of us know about it, over 5,600 pips bagged successfully over night on the great dump on crypto after...
Ripple - Intraday - We look to Sell a break of 0.963 (stop at 0.984) Daily signals are mildly bearish. Prices expected to stall near trend line resistance. Trend line resistance is located at 1.010. A break of yesterdays low would confirm bearish momentum. There is no clear indication that the downward move is coming to an end. Our short term bias remains...
Ripple - Intraday - We look to Sell a break of 1.014 (stop at 1.036) Our short term bias remains negative. 1.017 has been pivotal. A break of 1.017 is needed to confirm follow through negative momentum. The bias is to break to the downside. Our profit targets will be 0.952 and 0.932 Resistance: 1.050 / 1.070 / 1.100 Support: 1.020 / 1.000 / 0.950
Technical Analysis Summary XRP/USDT TREND ANALYSIS We have 2 Downtrend in red color The wider the trend the stronger the trend (I use thickness) FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an indicator of stregth of levels (ONLY FOR VISUALS). Be careful trends need to be modified when broken to...
Technical Analysis Summary XRP/USDT TREND ANALYSIS We have 3 upward trend in white color The wider the trend the stronger the trend FUTURE PREDICTIONS We have many resistanse and support levels that I have mentioned above. I use thickness as an indicator of stregth of levels (ONLY FOR VISUALS). Good luck everyone, stay safe! If you need help don't hesitate to...
Ripple - Intraday - We look to Sell at 1.148 (stop at 1.174) Trading has been mixed and volatile. Rallies continue to attract sellers. We look for a temporary move higher. Preferred trade is to sell into rallies. Bespoke resistance is located at 1.150. Our profit targets will be 1.073 and 1.053 Resistance: 1.100 / 1.150 / 1.180 Support: 1.050 / 1.030 / 1.000
XRP 6H support is at ~$1.16 Enter 50% here and try to set some buy orders near the support zone If XRP holds above the trendline, the Take-Profit target would be $1.28, $1.39, and $1.62 Cheers