XRP is going through a tough phase, as is the entire market. However there will be two possible outcomes:
1) XRP is regaining support and purchasing power will drive it to a positive outbreak (green meets red line) with a following upward swing
2) XRP is staying at current overbought status and will take a dive (orange meets red)
The latter is currently much more...
The next bull run will bring the XRP price to 8-75€.
The coming weeks are very important, as we are currently just above the yellow trend line and about to close the big wedge.
We are trading in tight price range and might break out soon.
See that chart for more info.
XRP/EUR Daily chart.
Last 7 Days change +8,48
Today's change +5,35
Price needs to brake out of this descending triangle to the upper side if we would like to see continuation, as we see we allready had two touches of our strong support level at 0,25 which is there from December last year. Positive looking on this pair. Few more zones on the chart just for...
Continue observing XRP/EUR carefully, as it balances slightly below its medium-term tentative downside resistance resistance line taken from the high of September 30th. At the same time, the crypto is balancing around its 200 EMA.
For now, we remain cautiously-bullish, but before we could examine higher area, we would need to see a break of that...
what i see in xrp is, that is about to finish wave 2 in a bullish trend on the ( daily-weekly).
and it has formed a BIG descending triangle, if this scenario plays out perfectly, we will get a last touch on the 7 months old support. if that plays out. i´m pretty sure we will be looking at prices around 0.35-0.50 in ending off may. (maybye april) if you pair the...
We have a breakout of falling wedge and a bounce on a previous key level (shown in red) and bottom of falling parallel channel wich is a figure of continuation for upward movements , I'm expecting trend to be bullish for the next few day . Potential target : the 0.32 euro (the 100% trend based fib extension level ).For a buy at 0.27354 , TP at 0.32 and SL at...