Ripplebtc
Jamie Gun2Head Trade - Selling XRPUSD Trade Idea: Selling XRP
Reasoning: Formed bearish candle on hourly chart at key resistance
Entry Level: 0.33160
Take Profit Level: 0.31900
Stop Loss: 0.33640
Risk/Reward: 2.62:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Jamie Gun2Head Trade - Buying XRPTrade Idea: Buying XRP
Reasoning: Short term support level - good risk reward if it holds today
Entry Level: 0.33520
Take Profit Level: 0.34810
Stop Loss: 0.33070
Risk/Reward: 2.87:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
XRP, Ripple - pullback is possible!XRP is up 60% in the last week. That's quite a strong increase. And now we should expect some sort of pullback or local consolidation. After that, the market will be able to gain strength to continue the move.
There is a liquidity zone below, where a lot of bids are concentrated. And with a high probability, this zone will be able to stop the price. And then continue the upward movement.
Additionally, we want to emphasize the large volume at the top, which also indicates a possible correction.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
XRP getting ready to break out the priceXRP on the chart has two attempts to break out recently, this is a sign that we are entering an important phase of upward activity, we will see what the next few days show
XRP, what are the preconditions for growth?The XRP chart has a very good picture on the technical analysis side.
Preconditions for growth:
- accumulation.
- squeezing near the trend line
- a fake breakout of the trend line
- liquidity collection
- volume appeared at the bottom
- bitcoin is in consolidation
In case of a false breakout there could be a good buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
XRP bullish move in sightAs we can see in the chart, From a weekly perspective xrp is moving within a pennant. We just broke the trendline from the bottom to collect orders from the liquidity zone below, and have now moved back within the pennant and showing bullish price action. The next area of interest is around the $1.15 mark, and once we have a clear break of the pennant, this can indicate further bullish moves.
XRP - potential trade!!!A bullish formation has formed on the XRP chart.
This formation is called a bullish flag. Statistically, the formation is breaking upwards. In the case of price squeeze and a breakout of the upper boundary of the structure, there could be a good buying opportunity. The target is equal to the height of the formation.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
XRP Buy a Break Setup.Ripple - Intraday - We look to Buy a break of 1.021 (stop at 0.998)
Trend line resistance is located at 1.000.
A break of the recent high at 1.030 should result in a further move higher.
Further upside is expected and we look to set longs in early trade.
We are trading at oversold extremes.
Our profit targets will be 1.088 and 1.108
Resistance: 0.980 / 1.000 / 1.030
Support: 0.960 / 0.940 / 0.900
Lucky Ripple or Boring Ripple?Lucky Ripple or Boring Ripple
following to my previous post:
Ripple was downward trough its downward weekly channel Before recent Bitcoin fall.
Bitcoin fall affected the Ripple downward speed, But whereas the Ripple was in the middle of its weekly channel , it causes to reach bottom of the channel sooner.
however we had a shadow bellow the weekly channel but in the next days we had a respond to its monthly trend line.
Now Ripple is ranged in a semi strong support level :
1- if it pass below this support zone, it is a high possibility to fall to lower support line (0.5 $ ~ 0.6 $)
2- if it pass above this support zone with the help of monthly trend line , it will channelize in the middle of its weekly channel ( 0.85 $ ~ 1 $)
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3- in a larger scale Ripple is still in a mild downward weekly channel , however a bullish rally in Bitcoin could help Ripple to achieve top of this channel (1.15 ~1.2 $).
XRP looks like BTC just after it bottomed at $3kCurrent recent XRP structure and pattern looks like the BTC's bigger macro pattern and structure from the start of the 2017 bear market to March 2020.
What is the pattern:
1) Retrace to the 0.618 fib of the entire down move
2) Price goes side ways
3) Price dumps to retest the last order block (OB) that started the initial retracement move up
4) BTC then tops at the 3.618 fib extension
The equivalent fib target then for XRP is $5.70 (~500% move from current prices).