#XRP is a decent buy here, if you were to spend 1-2% of your #BTC on it. If below 0.00002691 this signal would be nullified. Upside targets are shown by the cyan boxes, this trend should last for 15 weeks roughly.
XRP has a short track record of reversing really really quickly. You would want to be on the right side of this trade if you want to catch the upside. The Ichi shows a bit of a reversal, maybe still too early to tell but there could be a fundamental reason soon that appears causing mass fomo. Practicing position sizing, there look to be some good ladder entries...
I don't understand : people are why so bullish on XRP.
Ripple is still the most overvalued shitcoin in the universe - regardless of how much the exchange rate is
Only good for speculations, very massive dump since months, this little upward correction inside a descending triangle was healthy, but not a bullflag anyway.
I think only speculation and hopium is...
Weekly candles, bask in the future glory of your massive profits. Today, Fed Chair Powell said BTC is a store of value. Cool! He also mentioned that it is not a currency, again, thanks! So what is a currency with really fast settlement times?
Weekly: Potentially bullish. Might have found support at 0.00003365.
Looks like price has found a long term low and it is holding. Volume is declining
Daily: neutral, honoring support level, declining volume. Nothing exciting
H3: Bearish price action but honoring support, increasing volume.
Summary - Possible bottom. Could take position here with tight stop...
Weekly: Potentially bullish. Might have found support at 0.00003236.
Looks like price has found a long term low and it is holding.
Daily: bullish, honoring support level, declining volume
H3: bullish honoring support, declining volume
Summary - Possible bottom. Could take position here with tight stop with good upside potential.
xrpxbt its tragectory is to the floor. triple top with the last top showing a round pattern which would suggest its not returning anytime soon if at all. longs its in a free fall do not catch a falling knife as the old saying goes.
How strong is this downtrend? Considering we keep making new low by the hour, it'd be tempted to sell. However, price has made a dramatic rise when price dropped below 0.00007500. It's now broken through another support at 0.00006700. It'll be interesting to see what price action does from now down to 0.000060.
Buyers have already started showing up around...
XRP might not be the most loved crypto, but there are some fundamentals that might be interesting.
longterm there is a massive h&s pattern that aims to two fib areas.
Idiea is selfexplaining.
target between 17500 to 19000
Ad we see a very long time range in forming that head and shoulders we probably see a comparable timerange to form the right shoulder to...
* first test of publishing an idea in Tradingview *
XRP chart patterns on a weekly basis. Simple chart with trend channels and support line.
XRP is approaching a critical moment.
I am going long and adding more XRP to my portfolio, anticipating a rebound to stay in the green ascending channels (see RSI & StochRSI); and eventually breaking the downtrend channel in...