Traders,
I was stopped out of three trades today but all of them had nice little profits. I'll take that going long in a bear market. Let's continue our win streak.
I've added XRP as a long play to at least that 100-day ma. The red level just above that at 58.5 cents is likely where I'd take 100% off of the table. SL is 49.2 cents for an r/r of up to...
XRP will breakout of the descending wedge pattern it has been trapped in since Dec 2017 on or near October 23rd 2023. A false breakout will occur first on or near Aug 28th, which will fail at around .65 cents. It will then drop back into the descending wedge pattern bottoming around .50 before the final breakout occurs on or near Oct 23rd.
XRP will go on to set a...
The charts in XRP have made some drastic changes in the past few weeks. However, for long term hodler's this will be another great buying opportunity, and for swing traders this will be the icing on the cake if you appropriate your trades correctly.
I think we are about to see XRP drop back down to a low of .3735.
Don't put all your eggs in one basket!
Once XRP breaks out of the descending wedge pattern there are many levels at play to breakout beyond the $2 level, but once it does 'the sky is the limit.'
Traders,
We have waited patiently for this moment. Crypto, quite honestly, has just been annoying lately. But finally, XRP has touched my support and target down for re-entry at 58 cents. My buy order was triggered at .585 to be exact and I plan to hold this to at least the .995 target and potentially $1.17.
Take a look at the RSI. Notice the RED TL. You could...
If the price of XRP goes up then this talking point is moot. However, if XRP continues to consolidate then any buys below the RED LINE and above the GREEN LINE are a good buy. Any buys below the GREEN LINE and above the YELLOW line are a great buy. And any buys below the YELLOW LINE are a fantastic buy!
Don't put all your eggs in one basket, and don't fill the...
I want to know what you think. Will XRP break out of the wedge to the upside, or through the lower trend line to new lows? Tell me in the comments what you think the price of XRP will be in 60 days.
Main trend. Logarithmic chart. Timeframe 1 month. Channel. Triangle.
This time frame to understand the direction of the trend and where the area to trade is now.
Found the chart with the longest trading history, which displays the main trend.
Coinmarketcap: XRP
Same parameters, but on a line chart.
Secondary trend. Logarithmic chart. Time frame 3 days. Descending channel. Reversal zone.
Coinmarketcap: XRP
The same parameters, but on a line graph. Slightly shifted the graph for a better understanding of the zone.
The price clamp zone is 16.13% on a large scale on the 1 day time frame.
This is what this 13.16% looks like on a line chart.
...
XRP broke several diagonal uptrend lines, some indicators give Short Signal
Entry around 0,4670-0,4655
TP 0,4545 around the EMA 200 line for the 45min TF
SL 0,4730
good luck
Traders,
You know I have waited patiently for this one. For three weeks plus, I have set my entry area at .42 and I have remained disciplined, staying out of the trade until entry target was reached. Today that was achieved. In fact, I even got a better deal with an entry at our 200 day ma. Target depends but I am shooting for those levels above and may hold a...
Hi Traders,
back with another signal. RSI in the lows and a retest higher could come soon enough.
Buy range from 0.4560 - 0.46
TP around 0.4770
SL 0.4530
good luck
Traders,
Ripple ripping!
Sooner than expected but the price actually wicked up and tagged my 58.5 cents precisely! It always amazes me every time when these technicals play out. I just wish I could be better with the timing.
Anywho, now that the price has met the earlier target that I had call for, what can we expect from ripple?
TBH, I am not quite sure....
