As you can see xrp as been going through some sort of bullish pennant. This is just a prediction of the price projection on the weekly timeframe with BTC dropping down to a key resistance level of 58k which it caused a 18% drop on this week candlestick for xrp , if BTC were to drop more in price this could give us xrp holders to hit the key support area round...
Currently XRP is forming a Cup and Handle Pattern and it breaks out in 4H timeframe and retesting it. So Buy now and add more in dip.
BUY SETUP:
BUY: 1.25 or Below
SELL:
Target 1: 1.28
Target 2: 1.32
Target 3: 1.35
Target 4: 1.40
STOP LOSS: 1.15
Like and Enjoy your profit.!!
Anal 12/2
Weekly volume analysis shows declining interest in this coin by traders.
Price finds support at 0.95 for the 3rd time since June.
Most of the time when volume shows up it's when price is falling down.
6-4h Price lost strength upon reaching $1 level
1h - higher volume in last 5 candles indicating potential move up
30m - bullish divergence on MACD and...
Hello guys,
Today's analysis will be on one of the most controversal cryptos on the market: XRP. This is because the SEC started prosecuting them this year. The case is still open and there is no clear direction which side it will end up to. A contrarian sentiment bias can be built based on the consequences the lawsuit had on this cryptocurrency (delisting in...
Hello my friends,
Another one Altcoin i am picking up at the moment is XRP.
Two successful break outs with successful retestings.
Break out of Symmetrical triangle.
Break out of falling wedge.
Both patterns retested successfully, this indicates a bullish moment for XRP in the upcoming weeks.
I am expecting a minimum target at 1,40 in the upcoming weeks (1-2...
I don't merely buy the dip. Look for reversal structures and at price oscillators to find a confirmation of a change in the trend.
XRP looking for a reversal to the upside as long as bullish momentum remains to the upside.
Let me know what you think. Do you buy the dip?
Peace
Testing strategy - XRPUSDTPERP using imbalance and OBV indicator.
This analysis is only for personal testing please do not follow this analysis for your trade.
I found a good setup for a long position in XRPUSDTPERP in 15 minutes timeframe,
waiting for the breakout from the box to reduce the risk, I am using a small amount of money to trade in this position so it...
TA explained
XRP formed a Cup&Handle pattern on the 1D timeframe. Broke out the handle some time ago already, did a retest of the breakout level with a strong wick down on Oct 27.
Since then an uptrend has been forming. Anticipating the trend to continue in the upward direction. Ultimate target would be the Cup&Handle final breakout level.
Trade setup
Best...
BINANCE
