Traders, As promised, I am doing a quick overview of current price action in our altcoin space. I will cover an important date, June 23, and why it matters. I will also review the channels that are forming on most alts which appear as though they could be mid-term bear flags. And finally, you will see me review some of my current trades and what I am looking at...
What's up folks, just a fresh idea that came to mind after a few hours of looking at XRP's chart. Hope you dig it! -Not my financial advice or recommendation for you to buy or sell xrp.
Xrp on the 15 minutes comes with a pennant that will brake soon. if we break to the upside we could see a measured move from pennant to give us a double top or a flagpole measure move. #xrp CRYPTOCAP:XRP
Ripple took a good break in the long term With the good news, Ripple can start its big growth again Target $3 $10 $20 in the long term
The price has come back to our previous entry for long trade which is also an hourly support. This support is likely to provide a bounce which can allow for a long trade here. The price is likely to bounce to at least 4h resistance zone 0.77-0.79. Lets target that.
Weekly chart for xrp/usdt My levels and trends from (30 Apr 2018) . . . . . . . . . . . . . . ⛔️This Is Not Financial Advice⛔️
XRP looking to tap the long term trend line at 1.04 then a big reversal. Looking to buy back around the breakout at .58 for a short term bounce back towards .70 before lower prices commence sub .40. Good luck
XRP HUGE delta divergance. One more SL hunt before big pullback
Xrp has formed a double harmonic pattern(Abcd extension and double bottom) , broken out, reformed second line of support, held and retested 50 ema. So we will take this 9% move at 20x up to resistance and reassess. XRP is a great coin for a casual trader at 20x, not much volatility re % changes. Support is auto recalculating so I will update once finished.
Everyone has seen XRP do some crazy things yesterday. Won't go into that in this analysis, but we can all agree that it's generally great news for crypto as a whole. In this analysis I want to take a look at the coming ~2 days and how I will approach XRP. There's a lot of volatility around this token, which is risky, but offers great opportunities. I'm patiently...
After drawing out the Fib and identifying that this has been the Wave A of a potential impulse. We can safely forecast that the price is going to correct to the 1.236/1.382 area. So a short has been opened.
If you opened longs in crypto last 48 hours, then this post for you personally! On Thursday afternoon, news came out that inspired optimism in entire crypto world! Ripple won the decision that XRP is not a security. The trial lasted for many years and news, with a superficial analysis, is positive BUT ... If you look at the POLONIEX:XRPUSDT chart globally,...
XRP formed a large W Formation. The last update I did was waiting for a breakout. We got the breakout and told you this would be a medium to long term trade. But this was unexpected. The price rallied to the first target and even higher. This was after a judge in the Southern District of New York ruled that it’s “not necessarily a security on its face....
XRP bulls are accumulating and signaling a potential breakout. Buyers have been consistently trying to breach the 0.5 resistance level, indicating a higher likelihood of it being broken soon. This accumulation is suggested by MT Pandora's Box. The bulls are now gearing up to surpass the 0.56 resistance range. If they succeed, the next targets could be 0.69 and...
Huge success for Ripple (XRPUSD) as following the favorable court ruling, the price smashed the 0.65000 target that we set on our analysis last month (see chart below), and broke aggressively above the (now former) Channel Up: We need to get to the 1W time-frame in order to understand more effectively the magnitude of this move. With the long Support of the...
XRP could fall towards a key support and could potentially reverse from here. We could see price bounce up to our take profit target. Entry: 0.6972 Why we like it: There is a pullback support that aligns with the 50.0% Fibonacci retracement level Stop Loss: 0.6102 Why we like it: There is a pullback support that aligns under the 61.8% Fibonacci retracement...
You can see xrpusd has been consolidating inside this brown symmetrical triangle since march. Odds favor this breaking upwards but I will await breakout confirmation. My guess is it will have a breakout target somewhere within the vicinity of 70 cents once it does break upward. *not financial advice*
The price is pulling back right now. I expect it to retrace to LTFS1 and then bounce from there. Therefore, a long is favorable from LTFS1 support. Next support is LTFS2 which is a bit stronger. In case the price retraces further, that would be another level to go long. However, as mentioned, I expect the price to bounce from LTFS1 itself. The target of the trade...