XRP/USDT Bullish Breakout Confirmed XRP/USDT Technical Analysis Update:
XRP has shown a remarkable 60% growth in just two weeks and is currently trading at $0.57, approaching a high resistance level of $0.60. In my opinion, XRP is likely to face rejection at this level and undergo a retest after the breakout.
I anticipate that XRP will test the $0.43-$0.50 level before moving above the $0.60 level, which would indicate a super bullish trend. In the next bull run, XRP has the potential to provide significant returns.
To summarize, the support level for XRP is at $0.43, while the resistance levels are $0.60, $0.87, $1.30, and $1.95. XRP is a cryptocurrency that investors should watch closely, as it has the potential to offer substantial profits.
RP
834 Days XRP - USDT Bullish I see when I put the targets higher and I make the reward more attractive everyone like's my chart. So I did not mention a price in this one :). Its seems a bit weird because we have seen a 834 day circle before. And now the same in these days. If he hit 834 day in 2020 it will be on 17 April. There are more signs and signals so it seems that the bull-run can start in like 30 days. Do not stare blind on XRP. Managed your portfolio.
I am not a financial advisor.
Peace out!
There is a possibility for the beginning of an uptrend in XRPBTCTechnical analysis:
. Ripple/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 43.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.
. The RSI downtrend is broken, so the probability of the Beginning of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00004900 to 0.00004100). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00004900)
Ending of entry zone (0.00004100)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00005800
TP2= @ 0.00006650
TP3= @ 0.00007900
TP4= @ 0.00008600
TP5= @ 0.00010250
TP6= @ 0.00012145
TP7= @ 0.00014050
TP8= Free
XRPEURI'm willing to risk 8% of XRP in this trade. It's moving right above 0.618 Fib level of last rise. If it wll go up, I'll take some profits on the way. 3.618 Fib extension could be the last target, but let's see what will happen.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
$RP Potential Early Wedge BreakoutNot a volume runner but definitely a wedge play. Looks like a potential early breakout.
Keep a tight eye on it.
EURGBP (RP) - GLOBAL FORECASTHello Dear Traders!
We have noticed, that in present times, a lot of arguments and views on the currency pairs EURUSD&GBPUSD, but no one takes into account, the Elliotte Waves markup of EURGBP in terms of additional option. Although it is also a powerful tool and indicator of moods in the intermarket calculation of 6E&6B. (John Murphy) We want to dispel all the myths about some obscure bullish trends. The currency EURGBP (RP), just shows that the direction of the major pairs to prevail downwardly! Of course, we have reviewed almost, all the variants of the EURGBP (Uptrend, Downtrend), through the Wave theory, however, in the short-term forecast, more growth(even 0.76000) is possible and may be long-term correction, but in any case, the price will test, as soon as it possible the lower price limits - 0.69347, 0.68219, 0.66000, before serious uptrend! In conclusion, near future we will see, the fundamental continue of downtrend on the markets GBPUSD&EURUSD!
Merry Cristmas&Happy New Year!
We wish you, all the best! Powerful Traders.