XRP | Price may rise more...Bullish volume is still high
During the previous analysis, the price was above the small structure
and as we can see after the price developed more now it is above the second structure
that I was looking at.
Price is increased nearly +75% from the bottom where I shared the previous analysis and
it keeps rising very well.
last chart of the day, please boost and follow for more 💙 currently looks like trend resistance is acting as new support which is bullish sign for XRP.
Watching for break of .5385 for more parabolic rally, below .4826 we may see dip to trend support then more rally after.
Good luck traders, see you soon. 🤝
XRP also known as Ripple just reacted from a daily demand zone indicating bullish momentum, ever since price tapped the demand it has been making higher highs to the upside. Could this be the XRP pump.
Considering that the market shaped a bearish consolidation of one weeks ago bullish acceleration (wave 3 -> strong and impulsive wave up) and the market should resume its bullish dynamic on the current levels.
I don't buy it, literally and figuratively.
It looks pretty strong right now, but i drew today's fibonacci for my trade, and im still not out of the woods, but what I discovered with these extended targets shocked me. This short term fibonacci that I just drew has perfect confluence with all these circled levels of past support! I couldn't believe my eyes how...
A Trading Signal is seen in the XRPUSDT XRP (Futures)
Traders can open their Sell Trades NOW
⬇️ Sell now or sell on 0.4982
⭕️SL @ 0.541
🔵TP1 @ 0.411
🔵TP2 @ 0.355
🔵TP3 @ 0.280
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our...
BINANCE:XRPUSDT in its 12-hour chart reveals the completion of a corrective structure that began on June 18th when the price action bottomed at 0.2872.
The rejection developed by XRP at 0.5590 on September 23rd when the price tested the dynamic resistance corresponding to the ascending channel projection carries us to expect a new decline with a potential...