XRP is dommed.Xrp is not looking good and if it doesn't held it's support level around 6150 then we might see a new lows about 4151 . In moving average we saw a death cross also beaish TK cross below kumo cloud indicating us we might see new lows, but only is this current level breaks also many indicators are showing oversold position. Watch carefully this level and then if this level holds then buy it otherwise sell your bags, to buy back cheaper. And no xrp is not going to $589 :).
Xrparmy
XRP Bullish trend cross on 4H QRsi, long TF's signal *a move*XRP is getting tighter, and as much as I fundamentally dislike the coin, I will trade it.
There is a bullish trend cross on the 4H QRsi. First target is ~2.15% up from here. SL is ~ 1.25% down.
There is a good chance of continuation here, this trade might be worth holding.
Breakout or Breakdown?XRP seems coiled for action. this is a fantastic time to accumulate as much as possible for sub $0.30. XRP is floating right above major support in a massive triangle consolidation pattern that could result in a breakout to the upside. Inside the triangle the price has formed a head and shoulders. Generally, this is a bearish sign. But, given the consistent good news from Ripple adding new clients, BTC bottoming (probably), and Ripple updating the network on Feb. 27th, there is room to move to the upside. XRP has been quiet for weeks. All the signs are there! Feb. 24th-28th is a very important range for a potential breakout or breakdown...
XRPEUR - A StochRSI rejection for the weekly & September's roadIt seems that the weekly StochRSI leans towards a rejection, which would lead us to the pursuit of the downtrend until the 0.19-0.20€ support line. StockRSI seems too high to me and its retracement to an full oversold 0.00 level would perfectly bring us to late August-Early September. We have some time for quick bounces until the Monday 20th of this month and the Bittrex XRPUSD pairing. Not sure if bulls have the guts to defy the continuous sold out occuring this month before sept-oct expected new stock-exchange based apps. I really start to like how the 2017-2019 support line is shaping right now. #xrpcommunity #xrptraders #xrpeur
$XRP #Ripple - Ascending Triangle Breached!!!As you can see from this chart, the 4h RSI trend-line has broken, as well as the bottom of the Ascending Triangle.
I dont see any immediate follow through so this might be just a poke and not a break, but keep an eye on it if you need to set a stop loss or want to go short.