#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.
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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.
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XRPETH
There is a possibility for the beginning of uptrend in XRPETH Technical analysis:
.RIPPLE/ETHEREUM 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 46.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. There is still a possibility of temporary retracement to suggested support zone (0.000979 to 0.000915). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000979)
Ending of entry zone (0.000915)
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= @ 0.001080
TP2= @ 0.001130
TP3= @ 0.001172
TP4= @ 0.001321
TP5= @ 0.001555
TP6= @ 0.002349
TP7= @ 0.003208
TP8= @ 0.003850
TP9= Free