XRPUST trade ideas
XRP NEXT TARGETMy long entry on XRPUSDT at 1.2000
1st TARGET: 1.4820
2nd TARGET: 1.880
So, if someone holding XRP from deep and unable to decide where to hold then it's helps you. (do your own research also)
XRPUSDT Death cross The daily 200 Moving average is about to cross the 50 moving average in 1D time frame of XRP. Will the 2000 MA cross the 50 MA ?
XRP correction XRP price prediction shows the cryptocurrency is slowly recovering from its recent price dip.
Ripple appears to be struggling moving past the $1.4 region after rebounding from regions around the $0.8.
According to several prevailing technical patterns, Ripple is likely to consolidate than surge higher.
XRPUSDT analysis in 4H time frame After a fall of almost 8%. XRP is now bouncing back from it's support zone near 0.6130. We can expect the move till it's above horizontal line 0.6520, for the bullish continuation it needs to break the horizontal line with a good volume.
💡Don't miss the great buy opportunity in XRPUSD @Ripple
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.5803).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XRPUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 49.
Take Profits:
TP1= @ 0.7069
TP2= @ 0.8169
TP3= @ 0.9298
TP4= @ 1.0681
TP5= @ 1.1959
SL= Break below S2
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Rising Wedge pattern @4hrXRP/USDT ON 4HR
Forming rising Wedge pattern and if the 4hr candle closes below the support line then this could be a short opportunity
Reason- As We See Volume of Bears are Coming Slightly .. even RSI showing bearish movement.
Entry - 0.6500$ to 0.6450$
Profit- 0.6200$ , 0.6000$ , 0.5800$ , 0.5600$.
Stop loss- 0.6650$
Rising Wedge pattern @ 4 hrXRP/USDT ON 4HR
Forming rising Wedge pattern and if the 4hr candle closes below the support line then this could be a short opportunity
Reason- As We See Volume of Bears are Coming Slightly .. even RSI showing bearish movement.
Entry - 0.6500$ to 0.6450$
Profit- 0.6200$ , 0.6000$ , 0.5800$ , 0.5600$.
Stop loss- 0.6650$
XRPUSDT starts to fall.As we can see on the daily timeframe on June 18, XRPUSDT broke through the support line at $ 0.7877. On June 20, the price continues to fall and there is no end in sight. If the fall continues, the price may drop to $ 0.57.
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XRPUSDT Technical Analysis
So here on XRPUSDT the price has formed a descending Triangle at the Support zone and has got 3 rejections. It is expected that the prices breaks above the Resistance line and goes higher up to 1.04
If the breakout happened at the lower time frame we need to see the candlestick patterns and if we see a Bullish pattern we can go long.
However if it breaks below the Support then after a Pullback it's expected to go lower down to 0.532
Have a Profitable Day
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XRP short trade setupTrade along with the trend ( Bearish )
Trade according to the levels.
Always use stop-loss
XRPUSDT - Rise or Fall!From June 03, the price began to fall, and as we can see, a triangle has formed and now the price is trying to break it up. If it breaks and consolidates, there is a chance of further growth, but if the price breaks the triangle down, then we will face a further decline.
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XRPUSDT - Rise or Fall!As we can see on May 21, XRPUSDT broke through the support level and dropped to $ 0.78. Where the price bounced from and tried to test the $ 1 resistance level, but could not break it and rebounded. For almost 10 days, the price has been in the $ 0.78 - $ 1 range. If the price breaks the resistance level and consolidates behind it, then growth to $ 1.2 is possible, but if the price is able to break through the support level, it may fall to $ 0.6, and maybe even lower.
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Good luck and big profits.
