Ripple Bubble will burst !!SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Ripple ready for another drop !!
BITFINEX:XRPUSD Nearly on breaking point. If it breaks the @0.41 level, we will see another significant drop towards the @0.26 level. From my experience stay on the sidelines.
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Update idea
Xrp-usd
XRPUSD is approaching resistance, potential drop!XRPUSD is approaching our first resistance at 0.4611 (100%, 61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal swing high resistance) where a strong drop might occur below this level pushing price down to our major support at 0.3763 (100% Fibonacci extension, horizontal overlap support, 78.6% Fibonacci retracement). A break below our intermediate support at 0.4153 (horizontal swing low support, 100% Fibonacci extension) might provide the bearish acceleration to our major support target. Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
XRPUSD approaching resistance, potential drop!XRPUSD is approaching our first resistance at 0.5498 (horizontal swing high resistance, 100% Fibonacci extension, 38.2% Fibonacci retracement) where a strong bounce might occur above this level pushing price down to our major support at 0.4576 (horizontal swing low support, 76.4% Fibonacci retracement, 100% Fibonacci extension).
Stochastic (55,5,3) is also approaching resistance and we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
XRPUSD approaching resistance, potential drop!XRPUSD is approaching our first resistance at 0.5498 (horizontal swing high resistance, 100% Fibonacci extension, 38.2% Fibonacci retracement) where a strong bounce might occur above this level pushing price down to our major support at 0.4576 (horizontal swing low support, 76.4% Fibonacci retracement, 100% Fibonacci extension).
Stochastic (55,5,3) is also approaching resistance and we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
XRPUSD approaching resistance, potential drop!XRPUSD is approaching our first support at 0.4958 (horizontal overlap resistance, 61.8% Fibonacci, 50% Fibonacci retracement) where a strong bounce might occur above this level pushing price down to our major support at 0.4326 (horizontal overlap support, 76.4% Fibonacci retracement).
RSI (89) is also seeing a bearish exit and we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
XRPUSD approaching resistance, potential drop!XRPUSD is approaching our first support at 0.4958 (horizontal overlap resistance, 61.8% Fibonacci, 50% Fibonacci retracement) where a strong bounce might occur above this level pushing price down to our major support at 0.4326 (horizontal overlap support, 76.4% Fibonacci retracement).
RSI (34) is also seeing a bearish exit and we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
XRPUSD approaching support, potential bounce! XRPUSD is approaching our first support at 0.4738 (horizontal pullback support, 100% Fibonacci extension, 50% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 0.5718 (horizontal swing high resistance, 78.6% Fibonacci retracement).
RSI (34) is approaching our support where we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
XRPUSD approaching support, potential bounce! XRPUSD is approaching our first support at 0.4738 (horizontal pullback support, 100% Fibonacci extension, 50% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 0.5718 (horizontal swing high resistance, 78.6% Fibonacci retracement).
Stochastic (34,5,3) is approaching our support where we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
XRPUSD approaching support, potential bounce! XRPUSD is approaching our first support at 0.4738 (horizontal pullback support, 100% Fibonacci extension, 50% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 0.5718 (horizontal swing high resistance, 78.6% Fibonacci retracement).
RSI (55) is approaching our support where we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
XRPUSD approaching support, potential rise! XRPUSD is approaching our first support at 0.5210 (horizontal pullback support, 38.2% Fibonacci retracement, 100%, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 0.6257 (horizontal swing high resistance, 61.8% Fibonacci retracement). Ichimoku cloud is also showing signs of bullish pressure in line with our bullish bias.
RSI is also seeing a bullish exit and we might see a corresponding rise in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
XRPUSD is approaching resistance, potential drop!XRPUSD is approaching our first resistance at 0.4734 (horizontal swing high resistance, descending channel resistance, 76.4% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur pushing price down to our major support at 0.4499 (horizontal swing low support, 61.8% Fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance and seeing a bearish divergence where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
XRPUSD is approaching resistance, potential drop!XRPUSD is approaching our first resistance at 0.4734 (horizontal swing high resistance, descending channel resistance, 76.4% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur pushing price down to our major support at 0.4499 (horizontal swing low support, 61.8% Fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
XRPUSD approaching resistance, potential drop! XRPUSD is approaching our first resistance at 0.4555 (horizontal overlap resistance, 61.8% Fibonacci extension, 38.2% Fibonacci retracement) where a strong drop might occur pushing price down to our major support at 0.4290 (horizontal pullback support, 76.4% Fibonacci retracement, 61.8% Fibonacci extension).
RSI (34) is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
XRPUSD approaching resistance, potential drop!XRPUSD is approaching our first resistance at 0.4955 (horizontal swing high resistance, 100% fibonacci extension, 61.8% fiobnacci retracement) where a strong drop might occur pushing price down to our major support at 0.4427 (horizontal overlap support, 100%, 61.8% fibonacci extension, 61.8% fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price should it react below this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
XRPUSD approaching resistance, potential drop!XRPUSD is approaching our first resistance at 0.4955 (horizontal swing high resistance, 100% fibonacci extension, 61.8% fiobnacci retracement) where a strong drop might occur pushing price down to our major support at 0.4427 (horizontal overlap support, 100%, 61.8% fibonacci extension, 61.8% fibonacci retracement).
Stochastic (21,5,3) is also approaching resistance and we might see a corresponding drop in price should it react below this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
XRPUSD approaching resistance, potential drop!XRPUSD is approaching our first resistance at 0.4955 (horizontal swing high resistance, 100% Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 0.4427 (horizontal overlap support, 100%, 61.8% Fibonacci extension, 61.8% Fibonacci retracement.
Stochastic (21,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
XRPUSD approaching support, potential bounce!XRPUSD is approaching our first support at 0.4479 (horizontal overlap support, 61.8% Fibonacci extension, 50%, 61.8% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 0.4955 (horizontal swing high resistance, 100% Fibonacci extension, 61.8% Fibonacci retracement).
Stochastic (55,5,3) is also approaching support and we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
XRPUSD approaching resistance, potential drop!XRPUSD is approaching our first resistance at 0.5277 (horizontal swing high resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 0.4489 (horizontal overlap support, 100% Fibonacci extension, 61.8% Fibonacci retracement).
Stochastic (55,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.