looking at the day chart we have momentum today but only bullish if we break above the descending channel imho since its nearly a month long of declining lasting 25 days now as of writing. .. its the safest trade also from a traders perspective. xrp to me will have to close above .37 cents which would also close above the 50 & 200 MAs before i make a big trade.
Overall , I would hope the long term trend line is respected, keeping that overall long term bullish consensus. If broken and price closes below we could be looking at lower levels around 0.27 to 0.28, however, the fact it has bounced gives us a long positive consensus and a good reason to buy the lower prices. Don't target 'goal' or 'ideal' prices as this...
Long position opened Reasons: Hard dip Expecting a pull back to the nearest moving average Short term trade with 1st target 0,34 and 2nd target 0,36 0,36 is a very sensitive area now that we can pass or not, depending on the volume of the pullback. Please leave your comments, what scenario are you expecting to happen? I am expecting the scenario 2 to happen...
Hello everybody, What scenario should happen in your opinion guys? Leave your comments and drop a like if you appreciate the content :). Good luck.
Long position opened. Reasons: *Our last resistances described in the chart with the red lines 1,2 are our new support n3. *Correction from 0,51 is made with a flat triangle *Target around 0,5 Worst scenario would be to break the support to 0,36, I honestly don't see any buy zone around 0,34 but directly around 0,3 as the volume is here. If the support is...
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As i said, get your bag and sit tight. Keep your eye on this crazy bull.
Currently it's testing resistance 3700 if it's could break it, more likely to test 4000 satoshi. If somehow the price action could closes above that price.. it's bullish sign for XRP/BTC reversal trend. Conversely, fail to retain above 3700 satoshi it will slowly move down toward next important support around 2606 satoshi. Indicator looks bearish overall but you...
The game is make more bitcoin. My sympathies for whomever bagholds ripple after 2021.
Hello everybody, If xrp follow the same path, the next breakout should take us to 0.55 area. Have a nice trading everybody
As I have outlined, It appears XRP is gearing up for a great move up to $1 if not more. We broke are temporary resistance and are consolidating above it.
Almost certainly overly conservative based upon current fundamentals at play. Yet that said, if fundamentals don't come into play, at least we can say the next year or so looks pretty great!
Probs more than that. Don't underestimate XRP Standardists. Another major alt looking hot against BTC.
No Just Kidding. XRP and Ripple technology is primarily used in banking and money transfers. Banking does not want volatility here. XRP needs to maintain slow steady gains, and tries to stay as stable as possible. When everyone was looking for "the next bitcoin" and flooded the xrp market with speculation, sure it pumped well and a few people made out while...
not much to say here. dbl bottom is forming nicely as expected from last analysis and great volume today. im looking for big upward movement to start after daily close (UTC time frame) within the first 2-4 hrs. all that needs to happen is a break above the downtrend. this move out of the dbl bottom will definitely hit $.80 if it shoots up with a parabolic move imho...
We don´t need indicators in the market, we need to understand the market. Just playing with the zones ripple give us this year. Clear price action. Remember: i meditate every time before i do my market analysis. I recommend you 100% fasting and meditation for a mental sharpness, this help us to not loss control when the market does irrational things. Blessings...