Hi everyone, Ripple and few others coins do good work in this hard times, but xrp now looks that there is possibility for cup and handle pattern, around resistance 10000sat we can go for correction to 8800sat and create handle, if this happens, is good chance that we break 10000sat and looks for target around 13800sat. XRP is now very strong with a lot of great news. Stochastic 1day calls for correction. volume is increase in this days.
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Today we can see that XRP stay around 8800sat, and I think that we can go tested resistance line 9200sat, or tested support line around 8700-8600sat, In few weeks ago ripple show us strange when BTC move down, so if bulls dont show us some move up I think that will be chance for good profit, cup and handle still in the play, I buy more xrp today 8811sat.Note
Stoch RSI is oversold 12 days, this is unhealty, possible big move coming.Note
Hi all, after our correction around 9000sat we saw beautiful bounce to 10600usd, now the same scenario, look at stochastic, consolidation around 3days and after bounce 15-20%, so now possible correction area around 9500sat. If BTC show us strange move, and XRP consolidate around 9500sat, 13800sat and our target can be in next pump I think.Note
HI all next pump dont coming, and now doesnt looks good on 1D, MACD show us bearish divergence, is crossing now, its strong indicator, I am out now from 50% my possitions, possible drop to 9000-8800sat now. cup and handle I think out of the play now, but XRP is strong with good potencial, so my 50% possitions from 8800sat I hold. 10000sat is strong resistance, we need get up from this.I will be update it
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.