Hi Frnds, First of all, Market is all about predictions and work on repetitions of similar patterns So, I am posting this XRPUSDT chart with this kind of similar chart where market gives fake breakdown, you can ask me questions regarding this in comment section Thanks
Thanks for coming by to this update. Before you start reading please hit that like button its free for you but precious for me. It motivates me to keep making such valuable contents for you all for free. It takes hours of research and attention. Thanks Let's get to the chart. Guys firstly I need you to understand, TA is the perfect way to speculate the future...
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (1.4982). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . XRPUSD is in a uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. XRPUSDT has potential to bullish when it breaks the line
It seems the asset class is sideway in 4 hours chart. I have created a Quantbox, based on the volume accumulation and distribution which is clearly showing that XRPUSD is trading between USDT1.4468 to USDT1.3412, and created a narrow channel of the range around USDT 0.1. MFI has also got arrested into a box channel which is creating a coil channel movement....
In XRPUSD , THE OVERALL TREND FOR NOW IS BULLISH UNTIL 0.68421 . SO EXPECTING AN TRIANGLE BREAKOUT HERE . KEEP TIGHT SL FOR SCALPING TRADES !!
Ripple XRPUSDT Trade idea and support and resistance zone. XRPUSDT is trading at 0.6836 XRPUSDT Support Support Zone 1 - 0.5626 Support Zone 2 - 0.4800 XRPUSDT Resistance Resistance Zone 1 - 0.7900 Resistance Zone 2 - 0.8293 One can start accumulating 30- 40% at Support 1 and rest at below levels.
So here on XRPUSDT the price has formed a descending Triangle at the Support zone and has got 3 rejections. It is expected that the prices breaks above the Resistance line and goes higher up to 1.04 If the breakout happened at the lower time frame we need to see the candlestick patterns and if we see a Bullish pattern we can go long. However if it breaks below...
As we can see on May 21, XRPUSDT broke through the support level and dropped to $ 0.78. Where the price bounced from and tried to test the $ 1 resistance level, but could not break it and rebounded. For almost 10 days, the price has been in the $ 0.78 - $ 1 range. If the price breaks the resistance level and consolidates behind it, then growth to $ 1.2 is...
As we can see, XRPUSDT started to rise significantly since April 5th. Over the past month, it rose to $ 1.9, then fell to $ 1, then rose again to $ 1.7, and now we are seeing a drop. The price is approaching the support line at $ 1.3 and may bounce and start growing again, but it is possible that the price will break the support line and fall to $ 1 as it was on...
Trade Setup summary: Profit targets=92000 pip (4000 + 9000 + 12000 + 17700 + 22300 + 27000) Stop Loss = 12000 pip Reward/Risk > 7.6 : 1 Current Status: Total Profit: 33000 pip Closed trade(s): 22000 pip Profit Open trade(s): 11000 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 0.19000 based on 'previous Forecast' at...
Trade Setup summary: Profit targets=37000 pip (2000+ 4000 + 6000 + 10000 + 15000) Stop Loss =11000 pip Reward/Risk > 3.3: 1 Current Status: Total Profit: 22700 pip Closed trade(s): 12000 pip Profit Open trade(s): 10700 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 0.19 based on 'previous Forecast' at 2020.07.16 : ...
As we can see XRPUSD reached the resistance level of $ 1.6 and began to fall. Most likely, the fall will be to the support level of $ 1.2, but a breakdown may occur and the price will drop to $ 1. Much depends on BTC, if BTC falls, most likely XRPUSD will fall too. If you like the idea, subscribe and like it. Good luck and big profits.
The harmonic pattern is showing the price reversal zone of XRPUSD is between $ 0.61 to $ 0.64. Minimum target of $ 0.44 This is a Bearish Harmonic Bat Pattern.
XRP.... previous support and ichimoku cloud support... hope bounce back xrp... #xrpusd #cryptochart #supportresistance #cryptochart #technicalanalycis #holdxrp