XRP Long Play Explained // Will it hit 1.3$ soon?In the video I explain our long trade in detail and talk about potential targets.
- Repeating Accumulation - Manipulation - Distribution Cycle
- Target 1 = 0.645$
Rippple
We expect ripple to surpass the intraday highs of $1.108Ripple price analysis is bearish today, as another somewhat lower high was established overnight after recovery from $1.07 support. As a result, we anticipate XRP/USD to surpass the $1.07 barrier and fall even more later today.
After a few bullish days, XRP/USD experienced another slightly lower high yesterday as the digital asset rose to $1.098 before quickly retracing back down. The price bounced off the $1.07 handle and is now trading at $1.084 at writing.
Falling Wedge on XRP.Hello, traders.
The Falling Wedge is a bullish pattern that begins wide at the top and contracts as prices move lower. This price action forms a cone that slopes down as the reaction highs and reaction lows converge. In contrast to symmetrical triangles, which have no definitive slope and no bias, falling wedges definitely slope down and have a bullish bias. However, this bullish bias cannot be realized until a resistance breakout occurs.
And now is forming a bullish accumulation pattern above the resistance of the pattern.
Best regards.
Ripple ready for a ride to accumulation zones. 0.28 & 0.24Bear pressure in this areas, for margin trading just take a order and manege your risk. For Buy orders find pressure zones like 0.24 cents and 0.28 for massive token accumulation. bless guys and good profits.
compare this to the Ripple ChartI'm going to try my best to be kind here.
I've gone and drawn four sets of lines that show a descending , disappointing channel, and then drew little lines of hope based on the wicks - yet even those are sad.
Bitcoin might get down to lower territory, or it might tank like media wants you to believe, or maybe it will majic it's way into the realms Mike Novogratz has retraced 4 or 5 times.
If you didnt see it falling and didnt have a stoploss set, you're stable source of value just left you holding the bag (coin?)
Ripple on the other hand is now the second in terms of market capitalization, trading upward and signaling higher.
Lets face it , bitcoin wont cure you're f.o.m.o. this year or the next.
Ripple could. Even at 10 dollars you would see huge returns. Ripple just may cure f.o.m.o.
