Not going to poop on anyone's parade but last time on 9/17/2018 XRP ran up from ~.26 to .78 in 4 days or whatever and everyone almost pooped their pants that bull market is back....well looks like same shit now different year. 11/19/2020 from about .26 to .78 in 4 days again. Same shit different timeframe but everyone including me with your grandma on my lap is...
sell range: 0.86906
Targets: 0.78939- 0.70972- 0.63005
Stop loss The first goal: the profit to loss ratio is 1: 1 (0.94873)
If the first target is touched (close one third of trades)
Stop Losses Second and Third Objectives: 0.86906(Entry Range)
, If the second target is touched (close another third of trades)
And if the third target is touched (close the deal)
I was just saying to someone yesterday that $1 XRP isn't going to happen this time round but looking at current price action it's looking very likely. If we break and close above this wedge then the blue highlighted zones are where I think price can go to and reverse from. Overall bias is short but just catching the movements in between.
If we can't break then it...
Xrpusd is losing momentum, while hitting big volume of sell orders. I think its about to drop. A good price action any moment from now is a good SELL. I will keep you updated if necessary. For any questions or opinion use the comment section please. Thank you.
From the beginning of August, the trend for Ripple is clearly down...
Now the correction/consolidation seems to be over with a clear top at 26 zone.
I expect a continuation to the downside with a target of 22
XRP could dip back into 22 cents, I saw a bearish triangle on the daily timeframe, price is also at a key level and every time price as reached this level it touched the bottom of the blue section. There was a head and shoulder that formed but price reached a pivot point and turned around so I don't think price will move up from that. Also on the hour time frame...
Here we talk strictly from a Fibonacci sequence and trend line support perspective in terms of technical analysis. Although we don't advise looking into alts due to the bumpy ride of Bitcoin, we love larger picture time frames to get the overall view of the market.
Risk reward ratio (RRR), support line higher lows, and our strong bounce off of the 618 immediate...
last candlestick showed exhaustion at the resistance line, also price is at a pivot point on the daily, price could continue rising or as i'm expecting price will retrace to psychological level @0.25000.
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It may retreat from the resistance to the downside, and it is possible that it touches the support line and then ascends again to the upside because it is basically a positive ascending channel as long as it has not been broken yet.
Here is the full analysis for...
Hello Andrew here, Short Term, Bearish Bullish, not really expecting much sideways movement so i placed Neutral last. So the Bearish Bullish call can go either way, which ever way it goes, it's going to be a pretty good pump or dump. Although I'm calling Bearish in the short term, I'm actually thinking Bullish after we bounce from the bottom of the channel. If...
XRPUSD is currently trading above the 50% Fibonacci level and 61.8% Fibonacci is acting as resistance for the bull.And started trading in a tight range.
0% Fibonacci level give a strong support for the bull market. Buying after the broke and retest on the upper side of the range will give us a good risk ratio. Stop lose may place below the 38.2% Fibonacci...