xrp is the small coin trading between range of almost below 2.00 to above 0.500
due to its high volatility i switched to monthly time frame, so if you are a short trader or can absorb the extra ups and downs of the coin and has longer horizon then only it is applicable according to this setup
As we see from the start the coin opened and made lower low and...
Although the whole crypto market seems to be in a little bearish phase i think the downside has come to an end.
Btc and eth have shown storong support near 40000 and 3000 levels respectively, these levels have been tested multiple times and i think it is time for a reversal.
Xrp can show good upmove POST breakout.
This is not investment advice.
Disclaimer: All Videos/Information on this channel are for Education purpose only .They are not buy/Sell Recommendations . Please consult your financial Advisor before taking any trade or investment decisions.
Sharing something I observed while experimenting with Fib circles on the XRPUSD chart:
2017
T1: 1.886 Fib
T2: 3.618
T3: 5.886 Fib
2021
T1: 1.886 FIb - done
T2: will be get 3.618 Fib top around $9? Let's see!!
Flag pattern. 15Min.
Taken long position.
Flag pattern formation.
SL to be maintained strictly.
For Education purposes only.
Please feel free to share your opinions.
XRP has been in this channel for years and people have been frustrated for XRP to make a move for about past 6 Months now, I see formation of CUP and HANDLE Pattern on Weekly chart, Break that and see you at 3$+ XRP and Also if people started to FOMO in regardless of Settlement, 10-13$ is my Conviction. LETS GOOOOOOOOOOOOO!
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.0896).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XRPUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic...
