XRP Bulls active if stay above 0.48 for Target of 0.60/0.65/0.70
Bears active below 0.48 for 0.45/0.42
we can see 4th wave triangle is completed near 0.48
5th wave is unfolding as showing in chart.
XRPUSD long Ripple chart analysis
XRP looks perfect to buy here, which can give me you the best return.
I will add more if the next weekly candle closes bullish
Ripple is showing strength with demand coming in the zone 0.50-0.75, could be a game changer for crypto traders with high return potential.
Levels as mentioned on the chart
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Price is forming a bearish pennant pattern which is a sign of reversal . price had tested the demand zone and retraced back to supply zone , the overlaping of candles shows the weakness of price.
Ripple is a real-time gross settlement system, currency exchange and remittance network created by Ripple Labs Inc., a US-based technology company. Wikipedia
Initial release date: 2012
Original author(s): Arthur Britto, David Schwartz, Ryan Fugger
please refer the chart try to accumulate above blue line till than its in down trend if crossed the trend line than wait for retest.
dull currency couldn't expect much as of now.
Till than you be short here because Stop loss is small and targets are big and so should take entry accordingly.
XRP, 2017 price action pattern play outs and coincides with current price action pattern. Currently we have completed wave 6. It looks like sheet music just as printed form of musical notation. lets have a good tune to it ;)
