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XRPUST trade ideas

Can we Start accumulation XRPUSD !In this short-term 4 hours chart, we can observe that this crypto asset (CA) has created all lower lows in price actions (PA) in the last several hours since the recent top it made. RSI is still showing no positiveness in the chart. But if we check properly there is a parrel channel break that has been done by this CA in PA. This means there is a probability of support in the short-term has found by the CA. Now the question is how to convert this "just probability" to Confirmed trade. Check below there is an indicator plotted named Money Flow Index ( MFI) which is nothing but volume considered RSI. We can see MSI is oversold and I have created a box there. Now If the MFI indicator breaks the box and stands upward positively and same followed by the PA then it is clear that the positive volume has started adding. In that scenario, we start accumulation this CA from $93 onwards. Once again this is a very short-term analysis on that CA. So Trade accordingly...
Long
by absu21
💡Don't miss the great buy opportunity in XRPUSD @Ripple Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.4485). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . XRPUSDT 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 support. . The RSI is at 53. Take Profits: TP1= @ 1.6361 TP2= @ 1.7649 TP3= @ 1.9619 TP4= @ 2.0798 TP5= @ 2.6238 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
7
XRPUSDT Quant box strategyIt seems the asset class is sideway in 4 hours chart. I have created a Quantbox, based on the volume accumulation and distribution which is clearly showing that XRPUSD is trading between USDT1.4468 to USDT1.3412, and created a narrow channel of the range around USDT 0.1. MFI has also got arrested into a box channel which is creating a coil channel movement. Interestingly volume has decreased drastically in this chart. The above observations bring these conclusions below... New Volume addition is required for the movement of this crypto Asset to move either way. Arrested Price must follow the arrested MFI at the time of Breakout or this asset will not get any direction. interestingly RSI is in an indecisive situation expecting some help from MFI to inject some Beta to start moving. Now, if the direction is uncertain, what is certain then! We can speak about the probability of profit. I am expecting at least USDT 0.1 multiplier movement in either direction for the short-term traders. Stoploss can be another side of the Quantbox. So, trade safely...
by absu21