SHORT SELL Bearish momentum on hourly time frame until it makes new higher high or higher low.
if xrp breaks the downtrend could be heading for new highs and levels to watch and accumulate if it goes down
M15 project This pattern breakout short moving contiuned 0.90 price check again 1:3.5 Risk To Reward Lets see that guys
XRPUSD - Short Trade Idea / Sell / 15m Timeframe Entry - 0.92200 Stop Loss - 0.93200 (10 / 100 pips - depends on what broker you use) Take Profit - 0.89200 (30 / 300 pips - depends on what broker you use) descending trading... the support was broken the 94000 resistance wasnt broken.. and reject multiple times today lets see what happens!
next up. .33 cents then boom. stay cash ready my friends.
Break and re-test created key structure acting as support. However, this level left a zone of equal lows that is likely to get tackled at some point in the near future. I expect significant retracements if we can hold below this last high created. I have annotated the chart with my predictions. Let me know what you think in the comments.
Similar to our BTC short, for XRP our AI thinks a bearish wedge broke down. The price will continue to fall to the bottom of the wedge . Or retest the outer wedge trendline and fall to the bottom. Don't forget to trail your profit!
Welcome to this quick update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures. XRP broke out of the falling wedge channel after a correction from a $1.966 high reached on April 14th, 2021 making a low of $0.50. The breakout has open...
As we can see, after breaking its downward trend, the price is gathering strength to start a strong climb. In order to buy, the SL (stop loss) and capital management must be observed. All resistances and TPs (take profits) are marked on the chart. (DYOR)
XRPUSD H1: Possible SHORT breakdown of the support level 1.2250 = fall to the next level of 1.0925
XRPUSD // Ripple // XRP Short Setup 👉🏻 One of the top crypto gainers of the past week. Not surprise to plot this as a Wave-3 impulsive wave. Momentum is slowing down and we could anticipate a pullback for a Wave-4.
Like all the crypto market, also Ripple has had a strong and nice rally. However, at this moment, XrpUsd is entering a strong resistance zone and a correction could follow. 0.77 and 0.71 are support and these are the points of interest for buyers. Short term speculators also can trade on the short side with these as targets
Ripple - Intraday - We look to Sell a break of 0.6894 (stop at 0.7082) Trend line support is located at 0.6950. Short term bias has turned negative. Short term MACD has turned negative. A break of 0.6900 is needed to confirm follow through negative momentum. Our profit targets will be 0.6346 and 0.6246 Resistance: 0.7200 / 0.7400 / 0.7600 Support: 0.7000...
appears that xrp may retrace down to $0.62 before continuing up. Broke out to the downside of the daily triangle that was being formed and the projection of that lines up with the 0.618 fib level. Also zoom out on the daily and weekly time frames and have a look at the fib patterns from 2017 compared to now and how it lines up with previous ideas I've published...
After the double bottom from around 0.5, XrpUsd has risen nicely, gaining almost 0.25 usd Now the cryptocurrency is approaching 0.8 which should be a strong sell zone and technical resistance Rallies to that zone should be sold for at least a correction to 0.7 now support
Ripple - Intraday - We look to Sell a break of 0.6961 (stop at 0.7151) We are trading at overbought extremes. Bearish divergence is expected to cap gains. A higher correction is expected. A break of bespoke support at 0.7000, and the move lower is already underway. Our profit targets will be 0.6412 and 0.6312 Resistance: 0.7400 / 0.7600 / 0.7800 Support:...
You can see that we are back to that previous 4H zone and the price is having a hard time breaching that level (200 MA) is right above. If there isn't sufficient to change the momentum, my previous bearish bias still stands. The green path is what is least expected, the red path is what is (overall) expected. The bottom Zone edge or Baseline of that zone are...
Like what I predicted in my past few TA's, crypto and the stock market is trending towards the downside both in respect to other markets (bonds) and the FED's sentiment (inflation). BUT, as bearish I've been with my past TA's and things unfolding to the downside, I want to give a quick update and share what the next moves could be. Remember this is not a financial...