1. Key Zones (Support and Resistance) - Resistance Zone: At the top of the chart, a zone around 0.6088 is marked as a strong resistance level. This level shows where the market previously attempted to break through but failed. - Middle Zone: This area around 0.5796 acts as a key support and resistance level. It can be a critical zone for market decisions. ...
There is a perfect cup-and-handle formation developing on the XRP hourly chart. This not only makes it easier to identify some promising trade setups but also suggests that XRP might be poised for a significant upward move. Good luck, and always use a stop loss!
This is a risky time to enter this trade, but I'm going to take a small short position against XRP in an attempt to capture a potential correction to the bottom of the forming wedge pattern as the bull flag is forming. I'm not going to risk much; it’s more of a hunch. Overall, I'm very bullish on XRP right now, but as a trader, I can't help but try to capture this...
Analysis by: EZ7strategy 🎖 📊In these patterns in the chart, the long-term trendline, which we are waiting for a failure to climb, and next to it, the buying areas that have places to be touched at any moment, which is consistent with the end of the second leg of the second move. 🎯Please exit according to the targets and stop loss must be placed. Primary entry:...
🔥 HI HI, hope everyone's doing alright today, this idea won't take too long so feel free to tune in for a short bit, thanks as always! 🔥 Before we speak quickly on XRP we'll look towards Bitcoin, Bitcoin's still in a bearish position being below it's 20,50 and 200 day EMA as displayed with our chart below: 🔥 Bitcoin would need a daily close above...
XRP to the Stars! 🚀 With SEC drama fading, XRP's set for a cosmic price surge! 🌙 Buckle up, it's going to be a wild ride! 📈 XRP has shown strong signs of a potential breakout, driven by positive developments in the ongoing SEC lawsuit against Ripple and increased market momentum.
I got caught slippin' on that last trade by the big red candle of death, and had a small loss. This is why I reduced the size of the 2nd trade, just in case this happened. In an attempt to recover, I placed a market order at what I hope is the bottom. We'll see how this trade goes.
My last trade went perfectly according to plan. I'm going to attempt a secondary trade based on the same premise, but this time, I will try to capture the retest of the .583 level. To reduce my risk, since the first trade was a success, I've reduced the dollar amount in the trade by 50% to avoid giving back too much of the profit from the previous trade, assuming...
Bitcoin has always led the market, while alt-coins play catchup. XRP is now flashing some major signals that it's going to start gaining ground on BTC in major fashion.
Have a look at the trend lines that I have placed on the chart. This could be a potential bottom. At some point in time I feel that Xrp will be relisted, allowing the free market to decide what the true price of Xrp will be. Institution(s) will be rushing in to pump the price to make money. Xrp is in the top ten and has not had a price pump unlike every other...
XRP is looking ripe for a nice bounce here. Now that the price is resting on top of the upper trend line, it's looks like a great opportunity to put on a small trade. I really like this setup here, especially going into Sunday, as I think a lot of people are looking to add to their XRP positions at these levels before it hits the .60 cent level again. I may be a...
Hello everyone, let's look at the 4H chart of XRP to USDT, because you can see that the price has broken out of the descending triangle. Let's start by setting goals for the near future that we can include: T1 = $0.59 T2 = $0.63 T3 = $0.68 AND T4 = $0.71 Now let's move on to the stop loss in case of further market declines: SL1 = $0.56 SL2 = $0.50 SL3 =...
The two green circles show similar crosses one that occurred before the rise to $3 in 2017, and the current structure that wants to pop off. This bullish assumption supports some of my previous XRP analyses I wouldn't be surprised if price surpassed $10. This is the Weekly chart.
Remember when the excitement of the lottery was all about the potential of life-changing wins from just a small ticket price? Fast forward to today, and Bitcoin has emerged as the new frontier of that thrilling potential. Once priced at a humble $1,000, Bitcoin was accessible and brimming with promise. Today, with its value as high as $60,000, the landscape has...
In a significant turn of events for the cryptocurrency world, Ripple has emerged victorious in its legal battle against the U.S. Securities and Exchange Commission (SEC), sparking a surge of optimism and speculation surrounding the CRYPTOCAP:XRP token. The court ruling, delivered on August 7, affirmed that Ripple’s sales of XRP to retail investors do not violate...
The 4 Year war is over for the worlds most hated altcoin. Judge Analysa Torres has ordered Ripple to pay $125 million in civil penalties and cease any further violations of securities laws, concluding the outstretched legal case against Ripple. This penalty is favorable for Ripple, given that the SEC had originally claimed a $2 billion fine. Considering the XRP...
Welcome back to another analysis, where we dive into the latest market trends and chart the potential paths ahead! Today, I examined the XRP Dominance chart. The chart reveals that we've broken out of a falling wedge resistance and have since retraced to retest the former resistance line as support. Additionally, a double bottom pattern has formed, accompanied by...
BINANCE:XRPUSDT (1W CHART) Technical Analysis Update XRP is currently trading at $0.57 and price is trading inside in the channel. Price got successfully bounced back from the support line and now trading near the resistance line, A clear breakout will confirm the bullish trend of the XRP. We can enter the long trade after the confirmed breakout. Entry level:...