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XRPUSDT can ascend furtherThe XRPUSDT is in a Bullish phase by Ascending Triangle. 🌟 Bullish signals are: - Pivot Yearly - Ascending Triangle ❗ and the Upward signals of market momentum are: - Divergence in MACD - moving Ema 200 ❗ Note if the Triangle is broken downwards with the strength of Bearish candles, this analysis of ours will be failed. ✅If this post was useful for you, like it ❤️ and if you think it is useful for your friends, be sure to send it to them. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 🌍Thank you for seeing idea . Have a nice day and Good luck.
Long
by CobraVanguard
8
XRP/USDT Double Bottomxrp/usdt Create Double bottom Chart pattern on binance at 4h time frame What is Double Bottom ? A double bottom pattern is a classic technical analysis charting formation that represents a major change in trend and a momentum reversal from a prior down move in market trading. It describes the drop of a security or index, a rebound, another drop to the same or similar level as the original drop, and finally another rebound (that may become a new uptrend). The double bottom looks like the letter "W." The twice-touched low is now considered a significant support level. While those two lows hold, the upside has new potential. In terms of profit targets, a conservative reading of the pattern suggests the minimum-move price target is equal to the distance of the two lows and the intermediate high. More aggressive targets are double the distance between the two lows and the intermediate high What is Tripple Bottom ? A triple bottom is a bullish chart pattern used in technical analysis that's characterized by three equal lows followed by a breakout above the resistance level. The triple bottom chart pattern typically follows a prolonged downtrend where bears are in control of the market. While the first bottom could simply be normal price movement, the second bottom is indicative of the bulls gaining momentum and preparing for a possible reversal. The third bottom indicates that there's strong support in place and bears may capitulate when the price breaks through resistance levels.
Long
by BabarLaghari
2
FALL 2022 Projections: $0.67 Retrace / $0.42 SupportWaiting on 2 factors before the start of the bull cycle. IMO, we are at the bottome of the C leg, "The Bottom is in." XRP will need to: 1. Hit the 0.618/0.702 FIB and retrace 2. Double/Triple Bounce a wick @ $0.28 XRP has not broken the trend line, and a wick grab @ $0.28 (Fall 2022) will potentially "be the last time youll ever see this price." Short oppportunities will present itself @ $0.67 for and $0.42 support A Leg.
BITSTAMP:XRPUSD
by XRP-Jonny
XRP, wait for a breakout before buyingDear followers, XRP looks ready for a breakout after the spring a few days ago. Analysis: XRP's is trading in between resitance (3) and support (1) at the moment and looks ready for a breakout after the spring a few days ago. If support (1) doesn't hold, support (2) is a raising strong support line. If the price drops below, we have to sell XRP. If we see a breakout, this is a trade a like because of the raising support line. This will improve your risk/reward every hour after the breakout occured till it is a zero risk or profitable trade. MACD: Is almost giving a buy signal RSI: Neutral / Positive - (above 50 points) Buy: Aggresive traders: If an hourly candle closes above resistance (3) Conservative traders: If hourly candle closes above the bullsh confirmation line Targets: Please find the targets in the chart SL: 1. If a candle closes below support (2) 2. Or if a candle closes below support (1) Don't hesistate to ask me questions and good luck!
KRAKEN:XRPUSDLong
by Trades999
10