XRP / USD TA We are approaching the end of the falling wedge with signs of breakout attempts. Stop Loss still needed of course if you're not a holder.
All details will be explained below. This is not a financial advise! Trade The Plan, Enjoy The Wave
XRP / USD TA We are on a cusp of a major bull run which will affect XRP the most this season. The only asset 'lagging' behind is about to explode!
XRP has had quite some trouble lately, partially due to the SEC classifying XRP as a security. Though yesterday came out the news that the SEC is doubtful about its verdict. This might have been a set-up or a divergence to deliberately keep XRP on the background and setting up some hedge funds and futures to shoot big money in the pool when the time is ripe....
Following the recent XRP rally I have mapped out some possible short entries and support zones to take profits. XRP rallies tend to end with a short and sweet wick which is highly volatile. Low leverage is necessary. The road ahead for XRP will be rough. The ongoing battle with SEC will shake investor confidence overtime. - BreadCharts
after years of essentially showing no signs of life will XRP print a blip on the electrocardiogram? on the linear scale XRP is dead maybe it will resuscitate?
XRP’s correction from $0.30 was a necessary move to create fresh demand. It is also part of a consolidation move after the rally from $0.22 to levels marginally above $0.30. Strength shows oversold still. Wait for market to go sideways or to breach .25 again Here is your channel XRP lovers. Gotta be on the other side of before buyers have enough strength to...
We hit our orange eye price watch zone. This was the 61 to 78% pullback zone that we speculated with a bullish impulse back up. This DID happen. Now it has changed the pattern to something new so I have updated on how we might get the next move coming closer to SWELL 2019 in Nov. on the 7th. of this year. Sellers sit at .3365 to as high as .37 Buyers sit around...
Xrp will test 10 cents as major support. in the worst case, it can dip to 0.05 cents.
200EMA on the weekly to be strong support zone. We are bottoming out. The moon is getting closer. 2021 - 200$ 2022 - 15$ 2023 - 10.000$
XRP finally sees a bullish sign as it appears it will likely trigger a breakout from this wedge and rise to the 28 cent area where it will likely be met with strong resistance from the 1 day 50ma and 2 horizontals right in that same region.
XRP, as we've already said, has HAD an awful year. This could be a possible area that it does turn around and a great way to grow some extra Bitcoin from the rise up again. I'd keep a tight stopless until the trend is confirmed.
$XRPUSD $0.33 consolidation target. $XRPUSD $0.33 consolidation target. $XRPUSD $0.33 consolidation target.