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...
Ripple (XRPBTC) kept on dropping and dropping but once it starts to go, there are basically no retraces and it goes for long.
Here we have the 4H chart with the next target mapped.
Be patient, hold long...
It might not be a real altcoin but still, profits can be earned by trading this coin.
Namaste.
OBV or on balance volume indicator is used for technical analysis to measure buying and selling pressure.
- Bullish OBV Divergence occurs when price declines but OBV advances. ..
Here is our full trade for Ripple (XRPU19) on BitMEX.
We are using 7X (high leverage) for high ROE.
BitMEX (leveraged) trading is for experienced/advanced traders only.
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A trade setup can do good just as it can go bad. Some we win others we...
closing the longs on xrp btc , let this 4 h pan out ..so booking the profits on it , if this 4h close here & next candle close with a red one it can make hidden bear divergence . so looking for better entry as of now .
XRP/BTC.. 4000 SATS IS THE ZONE TO BUY IT ALL ....LONG TERM SUPPORT ON WEEKLY.
RSI & STOCHRSI CAN MAKE REGULAR BULLISH DIVERGENCE IF PRICE TAKES A BOUNCE FROM THESE LEVEL , JUST ONE DAY LEFT FOR WEEKLY CLOSE , BE PATIENT & WAIT LIKE TIGER DOES FOR PREY & READY TO POUNCE AT THESE LEVELS, BEST RISK REWARD RATIO.
If u notice XRP -BTC making classical hidden bullish divergence on weekly ,with forming a triangle on long term support zone ...most probable outcome would be out burst to upside in coming 10-15 days . its a buy on dip scenario for XRP/BTC in coming day as i expect upside upto 10000 sats in next 2-3 weeks .
This would be short update for XRP/BTC from my previous chart update i mention there will be an possible of divergence in the progress of the downside of price action..
This was been drawn from 23 april 2019... which i predict of some kind bullish divergence would formed with red color line.
Let's see the recent chart..
Nice form of bullish divergence is...
XRP is the star coin in last time when it has strong pump and accumulation for a time before next pump in last several days.
XRP has come to target C as last chart in here:
Now it correction and occur bullish flag pattern at this time.
We will wait XRP up the pattern guys
LIKE for support me !
Comment what you need me explain in below.
![XRPU19: [XRPU19][LONG][7X][165.13% ROE] Ripple 7X Lev. (165% ROE)](https://s3.tradingview.com/2/2HLAWWQp_mid.png "[XRPU19][LONG][7X][165.13% ROE] Ripple 7X Lev. (165% ROE)")
