💡 Don't miss the great buy opportunity in Ripple XRPUSDTTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.6273). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Ripple XRPUSDT is in an uptrend and the continuation of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 57.
Take Profits:
TP1= @ 0.78030
TP2= @ 0.87730
TP3= @ 1.00000
TP4= @ 1.06630
SL= Break below S2
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XRPUSDT.3S trade ideas
Head and Shoulders - "Learn More Earn More" with usInverted Head and Shoulders Definition:
A head and shoulders pattern is also a trend reversal formation.
It is formed by a Valley (left shoulder), followed by a Lower Valley (head), and then another Higher Valley (right shoulder).
A “ Neckline ” is drawn by connecting the highest points of the two Peaks. Neckline resistance does not need to be strictly horizontal.
. This illustrates that the downward trend is coming to an end .
. When a Head and Shoulders formation is seen in an downtrend, it signifies a major reversal .
. The pattern is confirmed once the price breaches the neckline resistance .
In this example, we can easily see the head and shoulders pattern.
How to Trade the Head and Shoulders Pattern:
ENTRY:
we put an entry order below the neckline.
TARGET:
We can also calculate a target by measuring the high point of the head to the neckline.
This distance is approximately how far the price will move after it breaks the neckline.
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XRP to continue marching up ward in Bull trend XRP is a useless coin never the less
it pumps along with the crypto eco sphere
Ripple labs is great at marketing expect this alt to rise with the tides of this macro bull market on gold & bitcoin
Even sinking ships rise with tides
Manage risk accordingly.
Jump ship when it feels like you're a genius - Matt
Xrp, bears are about to get ricked!Fan line f1, f2, f3 all are broken which indicates than bear market is over and it is bulls time to shine.
Fan lines expectation are very rare, though price can make another low before it starts to pump, as market sentiments are biased towards bulls and bitcoin is about to make a move there is a chances that if bitcoin started to move towards 9.6k - 10k ripple might follow it or ripple might pump after bitcoin is done leading ripple to make another and final low.
XRPUSDT SHORT TRADEThanks for coming by to this update.
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Let's get to the chart.
Guys firstly I need you to understand, TA is the perfect way to speculate the future price movements.
Taking trades on the basis of TA is mostly profitable.
So do not take any decision with emotions.
XRPUSDT GOOD TO SHORT 0.1800-0.1775
TRIANGLE BREAKDOWN IS POSSIBLE TO BREAK AND TARGET SHOULD 0.12800 (28.89%)
STOP LOSS : 0.2070 (15%)
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Few crucial hours to see XRP following bearish or bullish run
Hi friends,
Writing my first technical analysis on the forum,
coming few hours are very crucial for XRP price.
MACD histogram is showing trend reversal and MACD slow and fast lines are about to form double bottom bellow the zero line if confirms the formation and cross the zero line it will be bigger bullish.
if its fails to form the double bottom we are probably going more down!!!
Kindly also give your suggestion what you think.