Trading 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...
Trading 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...
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...
Midterm 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...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00002060). 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...
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. ..
It's been a while since my last analysis on the XRPBTC (Ripple vs Bitcoin) chart... This is one of our favorites.
XRPBTC printed a higher low on low volume... This retrace is coming to an end.
Many other altcoins pairs have a similar chart, a strong retrace that produced a higher low, and ended up in a strong bullish breakout, this can happen for Ripple as...
Technical analysis:
. Ripple/Bitcoin 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 43.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00002950 to 0.00002400). if so, traders can set orders based on...
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.
This is not financial advice. We are sharing our views and opinion for learning and entertainment purposes only.
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 .
As the last green line denote final support , i m filling my bags of xrp from 2900 till 2600 sats . .. i already bought some 2880& keep averaging anything below it , till 2600sats .
its just 1 week i claimed this trade & i know people r impatient & so they loose money .
#xrpbtc i like this pair ... one of the most hated cryptocurrency on crypto twitter till the time it don't pump , a dead thing for long & uncomparable pump machine when it becomes alive .
Now comes the TA part ... as can be seen in this weekly layout , price action is coherently touching the support area (green line) with SUPPORT on RSI & STOCHRSI ...it happens...
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 .
Technical analysis:
. Ripple/Bitcoin 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 43.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.
. The RSI downtrend is broken, so the probability of the Beginning...
![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)")
