#Bitcoin Update: Unfortunately, it's not looking too bright for #BTC at the moment. After losing trend-line support at $28k, the cryptocurrency experienced a sharp fall toward the FWB:27K level. With not much bullish strength in sight, we are now expecting a move toward $26k in the coming weeks. That being said, it's important to keep an eye on the charts and...
ETH/USDT Technical Analysis: Will Ethereum Price Move Up or Down? Ethereum (ETH) is one of the most popular cryptocurrencies, and its price has been volatile in recent weeks. In this technical analysis, we will look at the chart patterns and indicators to determine the possible direction of Ethereum price. Chart Analysis: According to our chart analysis,...
XRP can pump up to 0,4740 to revisit the Ichimoku Cloud Entry here around 0,4450 - 0,4460 Stop is below 0,44
Price pulled up to SL from earlier trade, taking re entry here.
What Is XRP? XRP is a digital asset built for payments. It is the native digital asset on the XRP Ledger—an open-source, permissionless and decentralized blockchain technology that can settle transactions in 3-5 seconds. XRP can be sent directly without needing a central intermediary, making it a convenient instrument in bridging two different currencies quickly...
This selling pressure is entirely trustable for entering short. This bearish leg is more powerful than the last bullish leg and shows this correction will be continued. For the sell target, we have three important zones in which we can check price signs on that targets.
XRPUSD crossed today under the MA50 (1d) for the first time since March 21st, exactly 1 month ago. Trading inside a 10 month Channel Up, when it touches its bottom again, it will be the best buy opportunity on a 4 month basis. Trading Plan: 1. Buy near the bottom of the Channel Up and after the MACD makes a Buy Cross under 0. Targets: 1. 0.65000 (top of the...
XRP buy limit set, Velocity TTM showing good momentum on the 4hr and 1 hour. Believe price will wick back into this structure area before retesting the recent high.
Ripple (XRP) technical analysis: Trade setup : Following a brief period of consolidation in a Bullish Flag pattern, price broke out in the direction of existing Uptrend and reached our target of $0.55 resistance, where it got rejected. Pullback could be a swing entry opportunity but we’re waiting to see where the price finds support. Nearest horizontal support...
Unsure if we will pull back, likely leave the limit for 1HR or so and cancel, but I think we can wick into this area and follow along with the trend.
XRP - 24h expiry - We look to Sell a break of 0.4679 (stop at 0.4829) The bearish engulfing candle on the 4 hour chart is negative for sentiment. There is no indication that the selloff is coming to an end. A break of the recent low at 0.4688 should result in a further move lower. We look for losses to be extended today. The trend of higher intraday lows has...
Binance Coin (BNB) Technical Analysis: A Bearish Outlook for Short-term, Bullish for Long-term Binance Coin (BNB) is one of the most popular cryptocurrencies in the market, and it has been on a rollercoaster ride recently. Currently trading at FWB:334 , BNB has risen by 82% from its recent bottom, but it is still far from its all-time high (ATH) of HKEX:700 in...
APT/USDT Technical Analysis: Is the Bearish Trend Here to Stay? $APT/USDT is currently trading at $11.40 and the technical analysis suggests that there could be a potential bounce in the short term. However, the overall trend remains bearish and there is a possibility of a breakdown below the HKEX:11 support level. In this article, we will take a closer look...
I invite you to check the ak XRP in pair to USDT, on the interval of four hours. First, we will use the blue lines to mark the sideways trend channel where the price is moving in the lower range. On the other hand, using the yellow line, we can mark the local downtrend line. Now let's move on to marking the support areas when the correction begins to deepen. And...
Bitcoin Technical Analysis: Strong Support at $28700, Potential for $36000 Target Bitcoin has been trading at HKEX:29300 , and as per the chart, it has broken out of the $28700 resistance level and is now doing a retest at that level. This article will provide a technical analysis of Bitcoin and highlight the potential for a bullish or bearish trend. Key...
Purely a charting play with fib extensions. Sometimes that is all you need. I have a stop in there on XRPUSD that I hope to leave alone for a year or so before I take some profit. It would be nice if we had a 500% month in XRP but that is wishful thinking. XPRUSD went into this triangle with an uptrend so the supposition is the uptrend will continue. XRPBTC...
It would be nice if XRP buyers could keep the price above $0.44-0.45 Fulfilling this condition will be a good confirmation that buyers are strong and full of energy to push XRPUSDT price higher, at least to $0.75-0.78. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
SNX/USDT Technical Analysis: Bullish Long-Term Outlook with 200% Upside Potential The SNX/USDT pair has confirmed a breakout in the high time frame (HTF), indicating a bullish outlook for the long term. As of writing, the price is trading around HKEX:3 , with the breakout level at $2.70 and a retest level at $2.25. This technical analysis aims to provide...