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Xrp-btc

XRP/BTC - Some Trendlines to Think About (Long-term trend?)XRP/BTC is in a critical spot right now, that could either confirm long term reversal or potentially endanger the year-long low. In the last two months XRP has broken up from a descending channel (indicated by the red arrow), a pennant (indicated by blue arrow) while forming another major pennant in the process (green line). A break up from the green line would indicate three moves up from three major interim patterns in a row, potentially a very bullish sign and could confirm a true reversal in year-long terms. A move down from the green support line would reject this pattern and leave us with little support on the way down t 0.00000004600 area set on May 26th, the year-long low from May 19th would be our next major support.SHould we break down there we are still in a long-term BEAR market. In other words, big moves coming up from XRP. Personally I'd like to see this pattern fully break out before entering.
by crypt0hierba
1
XRP awakeningMy last post regarding XRP was the "Defensive" one. This one is something else. The price action is showing some abnormal signs of recovery. Weekly is right now looking the best it has looked in ages. If we zoom out and go to Monthly, we can truly gauge the intensity with which XRP has been bought at the last demand level. With this being said, I would like this weekly to close above 6k sats. Closing at that price range would produce a hammer reversal candle in the MONTHLY, provided that the price action stays in the range until the month-end. That would be the amazing price which could also be used as a tool for longer period trading longs on XRP/BTC. I will be looking forward to this setup forming. Shall I have it, then I will enter a heavy long there. Let's see how this unfolds. Cheers, RUGOVA
by Rugova
Ethereum what is to come ?!Ethereum has been respecting this upward channel very well, I would be suprised if it breaks it now. I am expecting to see Ethereum drop to 175$. As we are currently testing huge resistances and the market will need to find some more liquidity to breach them. After which I am expecting to see a rise to the 220s region. When these targets have been met I will probably do another little update. Of course, stay cautious of manipulative daily spikes, so keep wide enough stop loss. Thank you, Hopefully, this provided you some insight
BITFINEX:ETHUSD
by Yokoj
There is a possibility for the beginning of an uptrend in XRPBTCTechnical analysis: . Ripple/Bitcoin is in a range bound and the beginning of uptrend is expected. .The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 29. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0000515 to 0.00004500). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.0000515) Ending of entry zone (0.00004500) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00006100 TP2= @ 0.00006960 TP3= @ 0.00007900 TP4= @ 0.00008600 TP5= @ 0.00010250 TP6= @ 0.00012145 TP7= @ 0.00014050 TP8= Free
Long
by ForecastCity
9
Ripple XRP/ETH Bullish AF Wave 2 ending very soon.Ripple looks really good here, This chart shows that XRP/ETH has formed a beautiful Cup and Handle . This indicates one ore more of these scenarios: Ethereum will fall at a faster rate than XRP. XRP will increase faster than Ethereum will rise. XRP and ETH will move in drastic opposite directions. If you've been into cryptos long enough you KNOW what XRP can do when it gets bullish . over the last 6 months it has done nothing but declined at a steady rate. Meanwhile, breaking down from countless bullish patterns and indications. I think that if we make the assumption (which I m keen to) that BTC , along with the entire market will fall over the next couple of weeks. Then I believe the assumption based off my TA and paired with the idea that XRP is inversely correlated to Bitcoin , that XRP will have a rise as the rest of the market falls. I hope this helps! Thanks!
Long
by Cryptosuf
2
Don't panic in ripple's land. safe 4H chart. GUN's are loaded.I don't follow anymore btc pairing, while people panic to much there. And no more trading on binance, it's to much dominated by own whales or owner. Any time after major coin dump, bnb pumps there. Ripple is my stable coin and it was in past for many others. We should touch in coming 5-7 days price movement over 0.37$ Bear's loosing selling pressure. It's getting easier to recover price over 0.31$ and that's good sign for xrp market recovery. Literally finance institutes invest in stocks between may -june for Q2-2018. And november- december for closing Q4-2019 For history, check my another TA about XRP. Lucky people accumulating now. Most lucky people catch below 0.289$, maybe we will see one time again, but definitely last time for next six month.
by hypercraft
2