Hi Traders Investors And Community, Welcome to this update-analysis where we are looking at XRPUSD 6-hour timeframe perspective, since XRPUSD managed to bounce properly from the back-up-cluster and from the 1000-EMA support as suggested I detected some other interesting conclusion which added up to the current situation establishing here, if you did not watch the...
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As we can see, the price went up, as I expected. You and I were able to EARN almost 2%.💲
Today I expect the price to bounce off the support zone and move up towards the resistance zone.📈
Open the BUY.💵
❗Don't forget about stop loss.❗
Past idea -
Support on 0.238 level was respected and continue to create the ascending triangle formation leading its price to move again to its resistance of 0.26 level. If buyers and institution will start to come in and will start to buy XRP, a convincing break on this resistance will surely lead us to next resistance of 0.28 level. With MACD showing a crossover on a...
Ripple it's a cryptocurrency used prinipally to move money to all corners of the world. It's a payment used by istitutions and business to provide a better payments experience and enable greater economic opportunity for everyone, everywhere. Ripple have the power to solution all problems to send money and how the money is moving in the financial markets today....
there is something about .23 for xrp
under, over, under, over
now after several tests it looks like xrp is ready to find a higher range
of course it is basically genetically linked to btc so they are likely going to go somewhere together
XRP is leading the crypto market this week in terms of upside gains at the moment and it looks like XRP is on it's way to close out the top of this valley drawn out at 0.25872
It bottomed out and moved sideways just underneath the 0.24535 support level and now hit TP at 0.24820 and found itself above the uptrend too.
Ripple has also published its third annual...
TECHNICAL ANALYSIS- FUNDAMENTAL ANALYSIS- NEWS- SIGNAL- FIB LEVELS- PRICE ACTION
XRPL Labs - the innovative Ripple-backed startup has recently announced the development of a revolutionary new banking app based on the XRP Ledger called Xign. The news was announced at the recent Bitrue event in Amsterdam that took place at the end of May.Xign is a mobile app that...
After 5 wave impulse since the March 2020 low, we went into an ABC correction and consolidation within an ascending triangle.
Time cycles also show that a breakout to the upside is expected in the short term (1 to 3 weeks IMO).
Not financial advice
Today we will talk about Ripple (XRPUSD), its price action from technical point of view and wave strcuture from Elliott Wave perspective.
Ripple is moving to the downside since August with a five-wave drop from the 0.3295 highs. So, this appears to be wave A, as part of ongoing bearish reversal. In fact, current recovery looks very slow and choppy...