XRP : Potential Bullish Reversal at Key Support Levels 💎 XRP is currently approaching the supportive trendline of an ascending channel, which also aligns with a key support level and a bullish Order Block (OB) zone, enhancing the likelihood of a bullish reversal from this area.
💎In the event that XRPUSDT breaks below this support level, it would be prudent to wait for the price to reach the next support zone, which was previously a resistance area and is now expected to act as support.
💎However, if XRPUSDT demonstrates panic selling and breaks down below all support levels, it would be wise to refrain from entering trades. Such price behavior often accompanies significant news events or market shifts, suggesting a high level of uncertainty that may not be conducive to profitable trading. Therefore, it is advisable to exercise caution and wait for clearer market conditions before considering any entries.
Xrpanalysis
#XRP/USDT 1HOUR UPDATE BY CRYPTOSANDERS !Hello, dear traders welcome you to this XRP/USDT1hr chart analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
XRP/USDT Ascending Trendline Create and triangle inside and triangle up said breakout and bounce.
XRP/USDT is parallel channel trading inside and bounces triangle pattern down tradeline and bounce. and 20% pump
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU...
xrp trend and how to capture it 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 later after 2 years it breakout and went up high
since the breakout price give huge upside but retracing back to 0.7 on fibs
we have found two similar action in past,
currently the price seem to be declining and coming back to fib 0.7, which on price chart is (0.5200 to 0.500) << BUY >>
Target of 3.400 (based on fib extension) and Stop loss of 0.2990 (below the ascending uptrend dotted black line)
NOTE:
only for investment purpose
trade only you have some confluence with my idea
initiate your trade according to your style and strategy
Let know your views and opinions in the comment
MY TRIGER FOR XRP COIN + TECHNICAL ANALYSIS 💲💲💲My Triger For XEP COIN !! BINANCE:XRPUSDT
✅ Technical analysis
✅ up trend
✅ Triger area
✅ Target AREA whit yours Risk management
✅ Stop Lose area
✅ Broken triger Resistance
✅ HL Buyers whit RSI
⚠️ Save to watch list and cheak the triger area before you take the risk ( volume its very important)
⚠️control yours Risk management
🙏it's only my idea and its not for Recommendation for any action
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FOLLOW FOR MORE ANALYSIS !!! ITS MAKE FOR ME DO MORE : )
💡Don't miss the great buy opportunity in XRPUSD @Ripple
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.4485).
. 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 an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 53.
Take Profits:
TP1= @ 1.6361
TP2= @ 1.7649
TP3= @ 1.9619
TP4= @ 2.0798
TP5= @ 2.6238
SL= Break below S2
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Don't miss the great buy opportunity in XRPUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.2188). 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 uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 65.
Take Profits:
TP1= @ 0.2521
TP2= @ 0.3278
TP3= @ 0.3785
SL= Break below S2
There is a possibility for the beginning of an uptrend in XRPUSDTechnical analysis:
. Ripple/Dollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.18300 to 0.148). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.183)
Ending of entry zone (0.148)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.2300
TP2= @ 0.2805
TP3= @ 0.3300
TP4= @ 0.3800
TP5= @ 0.4240
TP6= @ 0.4800
TP7= @ 0.5700
TP8= @ 0.7615
TP9= @ 0.9145
TP10= @ 1.37050
TP11= Free