If you look at the chart above, you will notice the formation of a neutral channel This neutral channel is clearly visible in 1 and 4 hour timeframes.Closing a one-hour candle below the midline of the canal could pave the way for a descent to 0.84.Of course, we will most likely see a climb after this event.
This is just a technical analysis.
This is not a...
XRP 2H support is at ~$0.95-0.98
Try to set some buy orders near the support zone
If XRP holds above the trendline,
the Take-Profit target would be $1.12, $1.20, and $1.28
XRP CHART SIGNAL ANALYSIS 06/04/2021 8:01PM NEW DAY
I am holding 10054.4 XRP and the SIGNAL is RED...
Buying the dips as you see them...
if this market becomes chaotic.
The weekly has not improved...
Remember, with these indicators you could have a green candle in a red signal...
be wary of the markets under the 200 MA.
THE WIZARD OF REALMS
From the recent price action i have devised a trading strategy to trade XRP up to the 1.20 region. The SL is as always a conservative one as i will look for further trading opportunities if they do arise in the next few days.
TP and SL are on screen. We are slowly moving up to the test regions. It will be very important to see where XRP is at when the new...
We saw a breakout from the previous ascending channel that brought it to the tagged position on my previous chart and though still went ahead to break below the .98 support to form a double bottom below the support line. At the current position, a breakout or breakdown is expected so be advised to watch out for any of these, a candle close above the .98 support...
Here's a quick look at XRP 2 hr chart. As we can see, the price has printed an Ascending triangle and when BTC moves higher, we'll probably see a breakout from the triangle. The best entry would be, when the price breaks above the triangle with good amount of volume.
My 50x Pick - BonFire token
The idea is: Buy the breakout from the triangle shown in the chart...
