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...
XRP/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$. Stop loss- 0.6650$
XRP/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$. Stop loss- 0.6650$
A swing move if you will. Filling under/at 0.78 Good luck
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. If you like the idea, subscribe and like it. Good luck and big profits.
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...
Trade along with the trend ( Bearish ) Trade according to the levels. Always use stop-loss
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. If you like the idea, subscribe and like it. Good luck and big profits.
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...
I think it can take support now and move upward for few hour.if it will hold my support line.
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...