🔥 XRP/USDT Potential Break OutXRP has seen some strong bullish candles over the last couple of hours. At the moment, XRP is on the verge of breaking out of the channel, potentially signaling a new bullish trend.
Before entering this trade I'd advise waiting for confirmation of a break out. Higher time frames yield a higher predicting power.
In case of the price failing to break out, expect XRP to fall down to the lower support line of the channel.
In case of a legitimate break out I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.
Happy trading!
XRP-USDT
🔥 XRP/BTC Big Candles: Gains AheadXRP has been losing a lot of ground since it got hit by SEC investigations. After several weeks of quietness, XRP seems to be coming out of hibernation.
Big candles like yesterday, especially on large cap coins, indicate a sudden move of trend. Since XRP has lost so much ground relatively to other large caps, XRP has the potential to regain a lot.
On the chart, I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs. Do your own due diligence.
Happy trading!
XRP/USDT Large Bullish TriangleXRP is regaining ground pretty quickly after last week's sell-off. The pair found a strong resistance around $0.27, drawing a nice bullish triangle on the chart.
The next resistance is based around the upper resistance line of the triangle. The price will either bounce off that line or will go straight through it. If bullish sentiment picks up again, we could see XRP reaching past $0.40 in the near future. For now, R1 and R2 are great potential targets. Happy trading!
Ascending triangle - breakout and upward growth! XRP/USDTHello dear friends.
In this trading idea, we will consider XRP / USDT.
An ascending triangle - which will be a continuation of the upward trend, or else - ... do not forget that after breaking through the triangle, the price can break through the support line and go down by the same percentage - only to the bottom.
Be attentive.
But since after a strong dump of the coin - many who did not believe in the coin - and sold everything that was possible, they will regret the missed opportunity to buy cheaper, sell more expensive - now it will work against them - their sestema.
Unambiguous long
XRP/USDT Big Move Soon: Wedge Break OutXRP has formed a beautiful wedge on the 1H chart. Since the wedge was formed after a strong bullish move, I'm expecting the wedge to break out on the top side and start a new move up.
On the chart I've marked two areas of resistance where I expect a lot of selling pressure: R1 and R2, with R1 being the most conservative.
The break out can happen any moment now, keep a close eye on this one. Happy trading.
XRP Recovering After Massive Sell-OffXRP has been in tough weather lately. Last few days, most of the large alt coins have seen tremendous growth. As it now appears, XRP is on its way to correct after the last sell-off.
The $0.17 resistance held, marking the low of the sell-off. Since then, the price has been climbing steadily and shooting through the roof today. With the amount of volume in XRP, I think the bullish pressure will persist for a few days, resulting in more growth.
On the chart I've marked two resistances where I expect some selling pressure. Resistance 1 has already been touched today, I'm confident that it will do so again either today or tomorrow. Resistance 2 would be more daring, but if XRP sees the bullish action that some other coins had lately, it won't be an issue.
VET - Already Brokeout, Catch the Retrace and Get Paid! R.I.Plleand now we lay to rest XRP, indeed all those troubles seem to have weighed this once promising titan down. A pity.
But like all things, when one opportunity gets delisted - another gets it's market cap.
And thus, we see MASSIVE gains across the alt charts, VET included. And yes BTC levelling off does indeed have a lot to do with the pump the timing of the XRP dump and ADA/VET/DOT/EVERYTHING pump was a little coincidental. No?
Indicators are all looking spiffy on this breakout. looks like a retrace is already forming up so catch it with an SL below the previous swing low.
TP on the chart is likely conservative if, in fact, alt season is upon us. Might be time to dust off your shells and get turtling!!
This is not financial advice. Want financial advice? Don't buy a new luxury car, it ain't worth the headache honestly.
Will Ripple(XRP) Die?Hello, dear subscribers!
Today we will try to understand what is the next move for the XRPUSDT. It is broadly known, that the Ripple has very negative fundamental analysis according to the last news. The price immediately reacted with a huge dump.
On the right chart we can see two global support lines. The price have already broken down the support 1 level but not confidently. We should be ready of the potential decrease to the the support 2 level ($0.16).
Let's consider the short term analysis. We applied the weekly CPR lines and have the strong evidences that these levels are important. The price bounced of this levels before broke them down. Now the price bounced off the R3 CPR level and start consolidation. If it brake the $0.22 level down the drop to the $0.16 is possible. If the price grow above the CRP R2 level it can be the evidence of the reverse from the downtrend to the uptrend.
Globally, now it is great time for the the long position execution. The price is closed to the last 2 years minimum, but the XRPUSDT looks very bullish because the global downtrend was changed by the uptrend and just negative news, we hope temporary, brought down the price.
XRP - About to Implode?? or Explode?? XRP has been seeing a spot of consolidation it looks like. Parallel/slightly downward wedge, decreasing volume.
Snapshots of XRP totals take place in less than 24hrs for the flare airdrop.
Overall indicators are not looking good. Psychology of the market changes in last third of consolidation wedge.
I'm expecting a price drop. Targets are marked for support levels.
This is not financial advice.
XRP/USDT Strong Move AheadJust like the BTC pair, XRP/USDT is preparing for a strong move either way. One can clearly see the wedge that has been formed over the last few weeks. All depends now on where the wedge will be broken.
In order to trade safely, don't trade on the immediate wedge break. To go long, wait till the bar (preferably higher time frame) has closed above the bullish confirmation line. To short, look at the bearish confirmation line.
Consider the Support and Resistance areas as possible points of reversal. Place your TP/SP accordingly.
467% XRP NEXT MONTHupdated:
fibo speed show XRP got huge potential to gain up to 185%
once break true 618,XRP might do some correction before continue to $3
now we can see December candle about to make some correction (not close yet)
as far i can see XRP still in play as the direction i we expect
January 2021 we might se XRP rise up to 116% (white)
whether after break fibo 618,price is going up or not..we need to see where its landing after
For now My thinking is still the same..
btw this is not financial advise..just my opinion..
what do you think?? let me know...
XRPUSDT LONGXRPUSD is currently in a confirmed uptrend, with the majority of investors remaining bullish. This surge in price seems to be a result of the banning of crypto CFD (contract for difference) trading, and the ending US stock stimulus packages. We should expect to see new highs.
Company information
Ripple is a real-time gross settlement system, currency exchange, and remittance network created by Ripple Labs Inc., a US-based technology company. Wikipedia
Points to take into considerations
Ending US stock stimulus packages: Stocks are ignoring the lack of a stimulus package from Congress, but that could change
Banning of crypto CFD (contract for difference) trading.:FCA bans cryptocurrency CFDs for retail traders
XRP - Overbought, Supports broken. Time for a short?Looking at XRP 8H chart, we see heavy resistance in the 25 cent range over the past while, keeping us in an upward channel.
We are currently overbought on RSI, and we just saw resistance at EMA 200, with shorter EMA's falling below EMA 200 currently.
Bottom support is already broken. Meaning potentially a large dump if it can retest lows.
This is happening during the BTC bullrun, which has been affecting other high cap coins heavily while XRP has seen modest gains at best.
I see downside from XRP soon, down to the next fib level potentially. Not much support there since the boom so could even retest the .19 range but we'll see when we get down there. Pretty straightforward short: BTC retests it's upper resistance, XRP is already starting to fail.
--
I'm a guy that you don't know posting his ideas on the internet for the sake of improving as a human being. If you take this as financial advice, that's on you.
If you like my analysis, then leave a like and feel free to follow for more free content. If you don't like it, then leave like but do it with anger; I'll be able to tell the difference. Feedback, criticism and crude humor are welcome 🤙😁