Quadruple bottom technically. Everything is here for a great trade - 1-2month hold. 2X
Some relief for the #XrpArmy here: Used a bit of meme linez + the 200 day moving average to make this analysis. Take from it what you want but I see XRP stooping lower, hitting the heavy support at 4024 sats and then bouncing higher. Tell me where you think XRP will end up, below!!!
Here, we can see a development of the Cup & Handle Pattern. There is also a well formed Ascending Triangle. Entry would be on a breakout above the handle with the candle close above. Stop Loss - Slightly under the handle (See 1.a) Target - Just below resistance (See 2.a)
Hi there. Price is forming a continuation pattern to the upside. Watch strong price action at the current price for buy.
Looking at the 4HR chart, we see mixture of descending channels that span a few time frames. This could be a potential Buy opportunity for some within the next 2 weeks to make anywhere between 600-800 units against BTC.
XRP is trying ( again and again) to run away from the main support of 0.000040 BTC in order to fly in the direction of 0.000060 BTC resistence. Generally when XRP does it, moves very fast, however the past days show us that some key level of price are vey hard to break. For This reason i show in the graph that XRP could use two different waves to achive the...
Long above green short below red simple imo. I do think we can see a huge downside SHOULD this triangle play out.... its not over yet. we can break up now thus, invalidating that triangle. BUT if we do finish forming this Triangle, we should fall
Widening divergence indicates increasing momentum behind XRP. Historically, the gap between the two closed as XRP always went up to match BTC's value during a rally. Take a look at the March 2016 and 2017/2018 rallies, within 21 days of the bitcoin rally, XRP went up to match it's value perfectly. If this pattern repeats, this means we can take advantage of an...
I used this time AI based finance tool. It's calculating all parameters on poloniex since last 30 month. All sign is for new dip in sat this year and moon in end of june. good luck.
XRP has taken a bashing over the past year. In the short-term, the market waits for a falling knife and buys back in for a quick scalp. No different here. I will take advantage if we hit the 4942 sat level
Local Top on BTC giving space for ALTs to make some bullish moves. XRP is above moving averages which have proven to be resistance for more than 3 months. This is significant.
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...
I bought today a lot of XRP! All sign bullish and moon modus. Good luck all and set stop loss! btw: i trading only usdt pairing.
I am looking at two possibilities here for XRP. Option A) we see a retracement to the .38 area before resuming the uptrend B) we fall through the structure and see a retest on the .28 area before the next sharp move higher. Both options see short term weakness followed by a sharp move higher. We can see BTC here for context, which would seem to confirm a...
some more days .. stay flat would long again at range low