BINANCE:XRPBTCXRP drop almost 50% of its price but from this point looking good for buying in short term trade i can't suggest to hold more then a week also you
buy near 1150 to 1200 and put stop loss 1050 to 950
sell T
1400 to 1600
you can take profits from this point. all the best
this just my opinion use money management before following any thing
J-xrp
💡Don't miss the great buy opportunity in XRPUSDTTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.5656).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XRPUSDT is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.
Take Profits:
TP1= @ 0.6055
TP2= @ 0.6261
TP3= @ 0.6553
TP4= @ 0.6780
TP5= @ 0.7454
SL= Break below S2
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💡Don't miss the great buy opportunity in Ripple/BitcoinTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00002980).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. Ripple/Bitcoin (XRPBTC) is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 42.
Take Profits:
TP1= @ 0.00003300
TP2= @ 0.00003490
TP3= @ 0.00003820
TP4= @ 0.00004200
TP5= @ 0.00004770
TP6= @ 0.00005370
SL= Break below S2
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XRP possible scenario I see playing outI think that the month of NOVEMBER was very strong. A possible correction to it's 50% looks probable. I think the price will drop to 0.45$ but I'll be conservative and place my re-entery at 0.50$. And I'll leave some money on the table, incase it goes lower I'll dollar average cost. Remember I sold some XRP up at 0.66$. So, I'm looking to get back in. I didn't sell everything, just a small portion so I can accumulate more letting my money work for my future money. God bless.
💡 Don't miss the great buy opportunity in Ripple XRPUSDTTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.6273). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Ripple XRPUSDT is in an uptrend and the continuation of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 57.
Take Profits:
TP1= @ 0.78030
TP2= @ 0.87730
TP3= @ 1.00000
TP4= @ 1.06630
SL= Break below S2
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Could XRP reach $435 by November 2021If history repeats itself, could we be looking at XRP reaching $435 by November 2021?
Sounds crazy, but all things considered:
Can you hear it...The FED printing press goes brrrrrrr
+22% of the total money supply was printed this year alone, think about it!
Time will tell...
💡Don't miss the great buy opportunity in XRPBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00001900).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XRPBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 72.
Take Profits:
TP1 @ 0.00002400
TP2 @ 0.00002567
TP3 @ 0.00002805
TP4 @ 0.00002940
TP5 @ 0.00003345
TP6 @ 0.00003745
TP7 @ 0.00004090
TP8 @ 0.00004769
TP9 @ 0.00005790
TP10 @ 0.00007190
TP11 @ 0.00010195
TP12 @ 0.00022875
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Head and Shoulders - "Learn More Earn More" with usInverted Head and Shoulders Definition:
A head and shoulders pattern is also a trend reversal formation.
It is formed by a Valley (left shoulder), followed by a Lower Valley (head), and then another Higher Valley (right shoulder).
A “ Neckline ” is drawn by connecting the highest points of the two Peaks. Neckline resistance does not need to be strictly horizontal.
. This illustrates that the downward trend is coming to an end .
. When a Head and Shoulders formation is seen in an downtrend, it signifies a major reversal .
. The pattern is confirmed once the price breaches the neckline resistance .
In this example, we can easily see the head and shoulders pattern.
How to Trade the Head and Shoulders Pattern:
ENTRY:
we put an entry order below the neckline.
TARGET:
We can also calculate a target by measuring the high point of the head to the neckline.
This distance is approximately how far the price will move after it breaks the neckline.
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XRPUSD looks ripe for a breakout - will it get 7th time lucky?XRP has been up against a gigantic monthly resistance. it has made 6 attempts over the last few months and has been rejected.
Will it get luck this month?
The bull volume looks like its gaining momentum.
Look left on what happened in this region the last time it broke this monthly resistance in Dec 2017.
Exciting times, get some popcorn, buckle up and enjoy the show! :-)
XRP Inverse Head & Shoulder Patter on Weekly.- XRP is forming reversal pattern on weekly chart at the bottom.
- Weekly trendline from Sept 2019 is also about to break ( wait for weekly close for confirmation).
- If this pattern plays out as plan 1st TP will be 0.50$ where I'm going to close the major position and will keep 25-30% of the position for Hold.
Let's see how this thing plays out.
A trading opportunity to buy in XRPBTCMidterm forecast:
While the price is above the support 17.73520, resumption of uptrend is expected.
We make sure when the resistance at 28.05510 breaks.
If the support at 17.73520 is broken, the short-term forecast -resumption of uptrend- will be invalid.
Technical analysis:
The RSI resistance #1 at 52 is broken, so the probability of resumption of uptrend is increased.
A trough is formed in daily chart at 21.48729 on 09/24/2020, so more gains to resistance(s) 23.53520, 25.67175 and maximum to Major Resistance (28.05510) is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 59.
Take Profits:
TP1 @25.67175
TP2 @28.05510
TP3 @33.45315
TP4 @37.45000
TP5 @40.90000
TP6 @47.69000
TP7 @57.90000
TP8 @71.90000
TP9 @101.95000
TP10 @228.75935
TP11 Free
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