. 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 34.
. There is a possibility of temporary retracement to suggested support zone (0.29000 to 0.26000). if so, traders can set orders based on Price Action...
0.370 is a major support, while this level is not broken, the Midterm wave will be uptrend.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index ( RSI ) is 61.
New trading suggestion:
*There is still a possibility of temporary retracement to...
XRP / USD Short-term price analysis
Ripple has a bearish short-term trading bias, with the XRP / USD pair tumbling below its 200-period moving average on the four-hour time frame.
The four-hour time frame is showing a large head and shoulders pattern, with XRP / USD sellers now testing towards the neckline of the bearish pattern.
Technical indicators across the...
#1 Key Highlights:
* Ripple(XRP/USD) price surged 10%+ recently.\u2028
* It broke short-term downtrend line(black).\u2028
* Resistance level $0.32+ tested and now in correcting phase.\u2028
* Possible S/R flip in play.\u2028
#2 Chart Analysis:
If we see the XRP technical analysis today for hourly (4H) time frame chart, it has broken the short-term downtrend...
Xrp approaching support area , on Weekly chart it is Looking Good ,
can we go upside ? 0.48 Usd
A low volume pullback is a technical correction toward an area of support that occurs on lower-than-average volume.
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Dear Friends , On 9 Jan trade idea was given ,,trade deadline was 21/25 Jan , it exactly Hit 0.33 usd , Now trade Idea is Closed
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Ripple recently tested the $0.40 resistance level and couldn't break the same with dropping to $0.32 level(19%) recently.
If the manages to hold $0.32 price level and breaks the 0.38$ level then it would be slightly bullish for the asset.
There is a lack of buying interest(volume) and if It broke the $0.32 support...
Ripple(XRP/USD) has suffered about 91+% correction(drop) since all time high-level price($3.3+) reached in January’18.It has seen significant upward movement in the month of September’18(110+%) and is now retesting a major support level.
Let us continue to analyze price action for Ripple(XRP/USD) over the long term and proceed...
Right Its Look like that its holding Trend line support Area .
With the help of S&R We have find some targets and Stop loss Area
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
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www.tradingview.com macd above 80 ready for the drop and its had a breakout of the 100 fibonaci retract=ment level so bears are ready for a game after the bulls wipe the plug out .at writing this post ripple has crossed eth with xrp at 22.2 billion and eth at 22 billion so lets wait for a confirmation for this trade to initiate