XRPUSD Upward ReversalXRPUSD has formed a strong base pattern allowing for a bullish price reversal
It has already broken the smaller red resistance line confirming the bull move
The line in yellow has been seen as a resistance and support area so it will likely be a point of interest as price moves up
I have placed bars pattern sketching in a way how I think price action will evolve
Rippleusd
XRP in Bearish divergence.XRP - Intraday - We look to Sell a break of 0.3974 (stop at 0.4081)
We are trading at overbought extremes.
Bearish divergence can be seen on the 4 hour chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower.
A break of the recent low at 0.3980 should result in a further move lower.
A higher correction is expected.
Trend line support is located at 0.4010.
Our profit targets will be 0.3711 and 0.3631
Resistance: 0.4100 / 0.4200 / 0.4400
Support: 0.4000 / 0.3900 / 0.3800
XRPUSDT 4h XRP price behaves strongly on an uncertain marketA month and a half ago, we published a global idea for a pair XRPUSDT, please familiarize yourself with it, because it is working.
Then the price behavior of XRPUSD and BTCUSDT was similar, but now they are different.
While the BTC price is thinking about renewing the minimum or not, the XRPUSDT price is trading +25% above the minimum recorded in June 2022.
That is, the XRP buyers show that they are strong, despite tomorrow's meeting of the Fed and the totally negative sentiments of the participants of the cryptocurrency and stock markets.
There will definitely be increased volatility in the market tomorrow.
If you used our thoughts from the previous XRPUSDT idea, then place a break-even stop at a position around $0.330, and you will be lucky)
Holding a XRPUSDT position if the price is able to consolidate below $0.330 can be dangerous for your deposit.
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Early tomorrow morning, we will publish an idea on the BTCUSDT chart, and in the description we will write our thoughts about the meeting of the Fed and how the change in the rate can affect the cryptocurrency market.
Well, if you are subscribed to us, you will first receive a notification about a fresh idea, and accordingly you will have more time to make a trading decision.
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Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
XRP Buy a break of $0.36XRP - Intraday - We look to Buy a break of 0.3601 (stop at 0.3544)
A break of bespoke resistance at 0.3600, and the move higher is already underway.
Short term bias is mildly bullish.
Trading has been mixed and volatile.
Our profit targets will be 0.3749 and 0.3799
Resistance: 0.3500 / 0.3600 / 0.3700
Support: 0.3450 / 0.3400 / 0.3300
Jamie Gun2head Trade - Selling XRPUSDTrade Idea: Selling XRP
Reasoning: Bearish looking candle at decent resistance level
Entry Level: 0.3321
Take Profit Level: 0.3225
Stop Loss: 0.3364
Risk/Reward: 2.23:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Ripple #Ripple possible chart 4h
Currently we are on last week close now this will happen for my opinion first xrp will retest 0.5 Fib and if dont lose this support we will see uptrend into mid week which is on 0.3460$ and we need a masive breakout here to go more Higher into the last Open Weekly zone which is 0.3716$
XRPUSDT "Double bottom" and a rise to $0.60 or fall to $0.21?Global chart of the XRPUSDT pair on 3-D time frame.
Now, probably, completing the formation of the "second bottom"
The goal of working out such a pattern is in the area of $0.55-0.60 per XRP
Also, Ripple price is now near the critical point of $0.30 . If the sellers manage to fix the price below $0.30, then nothing will prevent it from falling to the bottom in the zone of $0.21-0.25
In principle, the situation on the XRPUSD chart is very similar to that on the BTCUSDT chart we wrote about earlier.
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
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 Buy a break of recent high.XRP - Intraday - We look to Buy a break of 0.3831 (stop at 0.3744)
A break of the recent high at 0.3830 should result in a further move higher.
Short term momentum is bullish.
We look for gains to be extended today.
Our short term bias remains positive.
Our profit targets will be 0.4049 and 0.4099
Resistance: 0.3830 / 0.3900 / 0.4000
Support: 0.3800 / 0.3700 / 0.3600
XRP Sell a break setup.XRP - Intraday - We look to Sell a break of 0.3588 (stop at 0.3666)
Short term momentum is bearish.
Daily signals are bearish.
A break of the recent low at 0.3590 should result in a further move lower.
There is no clear indication that the downward move is coming to an end.
Our profit targets will be 0.3401 and 0.3351
Resistance: 0.3700 / 0.3800 / 0.3900
Support: 0.3600 / 0.3500 / 0.3400
XRPXRP following suit, internal range BMS to the downside with price printing series of LH, for added confluence here id like .36 low raided before we see any retrace to the upside.
If we play out as above and print a lower high then we can look to short inside the ob .39 LO/NY KILLZONES would be prefered time of day will fit with the agenda.
For us to remain bullish we want to see price hold above .32600 and show bullish reversal inside BISI failing IMO will result in price seeking SSL of the range low and liquidting all the longs left in play 0.28700.
XRP to see Extended Gains?XRP - Intraday - We look to Buy a break of 0.3772 (stop at 0.3659)
Short term momentum is bullish.
0.3752 has been pivotal.
A break of bespoke resistance at 0.3700, and the move higher is already underway.
We look for gains to be extended today.
Our profit targets will be 0.4044 and 0.4234
Resistance: 0.3700 / 0.3800 / 0.3900
Support: 0.3600 / 0.3500 / 0.3400