XRPUSDT seems bullish 4 hour candle is strong may give breakout today or tomorrow.
You take now also if you are risk taker, or you can wait for breakout
for now
Sl : 0.33
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XRP/USDT UPDATE!
As we can see in the above-mentioned chart that XRP is trading inside a parallel channel pattern and is currently rejected from the middle band at a...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.7726).
. 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 an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic...
after a crash of almost 60 %
the price took a support on monthly support zone and golden fib level and buyer have accumulated it well and we can see bullish engulfing
the coin XRP is small price wise & volatile to trade but with right entry and exit it give nice huge % swings
with entry at cmp and sl of 0.7345 and target can be spilt between 50-50% cut off the...
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...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.0896).
. 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 an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic...
Crypto is now getting adapted , so applying technical analysis is helping making good money. Like equity markets and fundamentals , potentials coins will also move that way. XRP having a great potential in future with finance and it's innovation. Just in 5 years we gonna have a great zig-zag ride to the moon.
On daily chart it had breakout from triangle pattern and then started consolidating in a zone
on hourly it is on support side on consolidation range and created a triangle with a breakout
om 15-30 mins there is one more side ways consolidation rectangle, after the breakout and retest we can initiate the trade
with good RR of 1:3.5 and 11 percent move...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.5803).
. 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 an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
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...
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. ..
HERE in 1W chart 618 fib level is a big resistance level for XRP. also forming a accending traingle. so most probaly it break through LONG.
N.B - if BTC move possitively long.
