S-XRP
XRP is a sleeping Beast!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!
💡Don't miss the great buy opportunity in XRPUSD @RippleTrading 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 resistance.
. The RSI is at 50.
Take Profits:
TP1= @ 1.1526
TP2= @ 1.1874
TP3= @ 1.2301
TP4= @ 1.2955
TP5= @ 1.3478
SL= Break below S2
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RIPPLE gonna blast anytime. Crypto is now getting adapted , so applying technical analysis is helping making good money. Like equity markets and fundamentals , potentials coins will also move that way. XRP having a great potential in future with finance and it's innovation. Just in 5 years we gonna have a great zig-zag ride to the moon.
💡Don't miss the great buy opportunity in XRPUSD @RippleTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.1073).
. 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 above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 76.
Take Profits:
TP1= @ 1.2090
TP2= @ 1.3175
TP3= @ 1.4156
TP4= @ 1.5323
TP5= @ 1.7068
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Ripple (XRPUSDT) setting up for upmove - LONG for medium termRipple (XRPUSDT) setting up for upmove - LONG for medium term. Levels mentioned on the chart are on DAILY closing basis. Could see the Target levels in the coming months if markets stay bullish and there are no adverse regulatory actions against them by countries.
Make sure to balance out your risks while trading crypto and do not use leverage as far as possible.
** Important Note - This post is my own study of the mentioned crypto and the views are given with reservation that they may prove to be wrong. I am not a SEBI registered analyst. Please consult your investment advisor before making financial investments.
XRP trade plan
On daily chart it had breakout from triangle pattern and then started consolidating in a zone
on hourly it is on support side on consolidation range and created a triangle with a breakout
om 15-30 mins there is one more side ways consolidation rectangle, after the breakout and retest we can initiate the trade
with good RR of 1:3.5 and 11 percent move good for swing trades