XRP Next Move???XRP is making a triangle pattern on 1 hour chart, what are your throughts as to which side can we expect a breakout towards??
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Technical Analysis Of XRP
Over the monthly graph, the price has shown an immutable trendline support, active for a prolonged time span. From this support, the massive shoots in price have manifested before, and for several months, its price has been lurking at the same dynamic support trendline. The price had waited a very
PREVIOUS WEEK UPDATE!A nice week behind me. I just went through the charts and explained very quickly what had happened. I got into 3 positions, 1L, 1BE and 1 currently in a profit ( EURAUD). I had some time for myself and my family as it was just my birthday. New analysis will be posted soon. Have a great week. T
XRP Price Jumps 22% Following $100 Million Inflows : What’s NextXRP Price Jumps 22% Following $100 Million Inflows : What’s Next?
XRP price surged nearly 22% a week, validating the breakout of an interesting pattern on a daily chart.
The Open interest contracts have jumped from $375 Million to $475 Million rising $100 Million a week.
XRP price took a big leap
The XRP asset has displayed bearish characteristicsThe XRP crypto has demonstrated a decline as the price sank from a vital supply level of around $0.73 on the chart, by mid-march 2024.
The asset has displayed bearishness and falling tendency as it plunged below major trend 50-day, and 200-day EMA's.
The XRP asset has displayed bearish characteris
Recently, this week Ripple has been struggling to maintain its pRecently, this week Ripple has been struggling to maintain its position. When the price of Bitcoin plummeted, almost all crypto assets had a rough day. This week, the price has dipped by 7.80% due to a shift in market sentiment indicators portrays bearishness, as BTC was down. However, the candle fo
the demand for the XRP risesFrom last month, the price has been consolidating in a range and has been trading beneath the 50-day and 200-day EMA's. A parabolic movement could burst in XRP if the struggle rules out in favor.
The XRP Daily Chart underscores that price control was in bears' hands, as it failed to reach last swin
If the demand for the XRP risesThe XRP Daily Chart highlights that price control was in bears' favor, as it failed to reach last swing highs and deteriorated at a constant pace. Also, it has been struggling below the 20-day. and 50-day EMA's.
However, the price structure was near the demand zone, where new buyers could join. Mo
XRP USD seems bullish for long termIt seems nice o prtunity to grab long move with minimum risk.
It is good opertunity for swing traders .
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