RIPPLE trade ideas
XRP price primed for a surge, movements are highly recessiveIn the early hours, the price was seen down to the $1.001 mark. Pushing itself off from this range, the price is expected to surge deeply in the coming days. This can come true if XRP keeps up with the trend reaching figures at and above $1.1. Contrastly, if the bulls fail XRP can fall back to the previous range or below $1. Since the trends adhere to a recessive pattern, it may move up or down the channel. Currently selling pressure indicators strengthen and RSI may hike off.
Resistance at $1.03,
Support level strikes at $0.99
XRP/USDXRP/USD
On Daily Chart, RSI almost hit the oversold
The current rise more a pullback which can
end at current level to 1.24.
Once the swing lower top is formed at current to 1.24
then expect the pressure back on 0.64.
Subsequently, if fall below 0.63 then expect slide as near
to 0.40
If breakout above 1.24 is witnessed then situation will change
for a rally to test back the peak.
Preffered behaviour is swing top between current level of 0.98 to 1.24.
XRP on triangle formation.Bitcoin falling - Ethereum Falling.
However the fall across the crypto board is not that visible on the XRP (and quite a few others).
Is it the intrinsic fundamental of the use of XRP that's holding it?
Is XRP trying to touch the previous fame of $3?
Is XRP waiting for a fall or waiting to rocket up?
The simple formation of the triangle (with both edges having similar slopes) is also creating a confusion nad the this state is narrowing, as seen on a day's chart.
Ichimoku says: Price is above all lines and above the cloud (bullish nature), lagging span is just above price, just holded by Tenken Sen - around 1.5 (trying to break to move into bullish territory). However, there is a twist nearby, which can easily give the market the bearish sentiment.
The breakout can be either side, but only if supported by heavy volume, which is decreasing as of now. A tight spread between 1.6 and 1.3 is what XRP is facing for now. But beyond this level, with confirmed outbreak (atleast a sharp breakout with high volume and closing above or below this level, rally is expected.
Bullish is what it seems, or atleast what it is hoped!
Happy trading!
XRP (Ripple) new possible breakoutXRP closing in on the previous 1hr resistance
This resistance would be tested for the 4th time now
Squeeze Momentum slowly increasing. Volatility increasing
Look out for a BUY opportunity if it breaks Resistance 1
XRP ON THE ROAD TO 3$! ANALYSIS ON XRPUSD H4 CHART BINANCE
SPOT TRADE IDEA
------>CURRENTLY BTC DOMINANCE IS REACHING IT ALL TIME LOW, THE PARABOLIC MOVEMENT OF MID CAPS LIKE ADA CONFIRMS THE COMPLETION OF PHASE 3 OF ALT SEASON AND WE ARE CURRENTLY ENTERING THE PHASE 4 OF ALT SEASON
------->RIPPLE BEING HAVING ONE OF THE MOST LONGEST ACCUMULATION PERIOD, IS READY TO EXPLODE TO THE MOON AND REACH ITS ATH VERY SOON IN THE ALTSEASON.
--------> XRP THOUGH DROPPING HARD MADE ITS MOVEMENT AND INDICATED ANOTHER MID CAP PARABOLIC RUN, ALSO XLM MOVEMENT CONFIRMED IT.
---------> CURRENTLY WE ARE FACING A RESISTANCE AT 1.6$ AND 1.8$ THESE ARE THE CURCIAL RESISTANCES TO WATCH OF THE MARKET. THE RISK REWARD RATIO OF OUR ENTRY AND THE TARGET IS MORE THAN 2.5 WHICH IS A VERY GOOD NUMBER.
----------> ITS BETTER TO BUY THE XRP DIPS, IF WE HAD ANY DUE TO BTC MOVEMENT AND DO DOLLOR COST AVERAGING IN BUYING {ENTER AT 1.6$(45%), 1.8$(30%) KEEP OTHER 25% TO BUY THE DIPS}
"XRP GONNA GIVE MASSIVE GAINS IN THE UPCOMING DAYS, MAKE SURRE TO HODL YOUR BAGS "
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XRPUSD downward movement.As we can see XRPUSD reached the resistance level of $ 1.6 and began to fall. Most likely, the fall will be to the support level of $ 1.2, but a breakdown may occur and the price will drop to $ 1. Much depends on BTC, if BTC falls, most likely XRPUSD will fall too.
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Good luck and big profits.
XRPUSD : Looking for long opportunity!XRPUSD is looking for a great buying opportunity & to make some decent profit!
XRPUSD Price Reversal zone. The harmonic pattern is showing the price reversal zone of XRPUSD is between $ 0.61 to $ 0.64.
Minimum target of $ 0.44
This is a Bearish Harmonic Bat Pattern.
XRP/USD 4hr chart price breaks 1.73 levelif price breaks 1.73 level in 4hr time frame it will bullish because it's already above in 200 ema
