SEC HAS LOST THE CASE :P- GARY has accepted defeat now lets wait for the settlement before we sky rocket
- But knowing how manipulated these markets are we may see A FINAL CRASH before we go to the upside, the same thing happened in 2017 we saw a massive drop so many people got shaken out and then green light boooom!!
XRPBTC
Can XRP Pump Again? Or Will Bears Win?XRP has been on a steady downtrend for a few months with a few smaller pumps in between. However, there is a possibility of a trade as 2 rather strong support levels are nearby. Use correct risk management and set up an appropriate trade... as some of us know, XRP can be brutal... but when it pumps... it REALLY pumps. Stay tuned.
XRP (XRP) - February 27Hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
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(XRPUSD 1W Chart)
(All: )
It needs to rise above the 0.88410 point to turn into an uptrend.
If it declines from the 0.71097 point, there is a possibility that it will fall below the 0.51383 point, so a Stop Loss is necessary to preserve the profit and loss.
However, it may rise near the 0.51383 point, so you need to think about countermeasures.
To accelerate an uptrend, you need to break out of all downtrendlines.
(1D chart)
(All: )
1st resistance section: around 0.83878 point
Secondary resistance section: 1.07222-1.18894
Support section: 0.48862-0.60534
It is important to maintain the price by moving above the 0.77841 point.
If it goes down, you should check to see if it finds support at the 0.68279-0.71097 zone.
If the price holds above the 0.77841 point, it is expected to break out of the bottom zone.
However, it is expected that the upward trend will continue only when it departs from the volume profile section formed in the 0.83878-0.88410 section.
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(XRPBTC 1W chart)
(All: )
If the price holds above the 0.0000 1689 point, it is considered an uptrend.
However, it is expected that the upward trend will continue only when it rises above the 0.0000 2365 point.
To create a new wave, it must rise more than 0.0000 4264 - 0.0000 5885.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
RIPPLE - What will the cows do?Ripple closed above the Moving Average (MA) on February 7, which could signal the end of its downtrend. Market bears again tried to push prices down, but cows prevented this with more purchases.
A price recovery of the range of 0.75 cents occurred in the Ripple chart, after which the cows are trying to push the price back to the $1 range, which is significant resistance for Ripple.
If the cows manage to break this $ 1 resistance range and record a price above $ 1, we can expect the price to rise to around $ 1.41.
Ripple is currently closed above the Moving Average Index (MA), and the RSI is in the positive range, indicating that buyers have the upper hand in the current Ripple trend.
Of course, if the cows are tired and can not continue to raise prices, Ripple's price will be closed below 0.75 cents. Heavy bear sales are likely to resume, pushing prices down to support levels.
XRPUSDT (RIPPLE) In bullish trend Ripple has an uptrend and I drew support lines using Schiff Pitchfork
In this case, it can be expected to come to the green support line. If it breaks the blue trend line, that is, if the Schiff Pitchfork is broken, we can say that the uptrend is over.
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DISCLAIMER: This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Trading opportunity for short position XRPUSDTin the XRPUSDT chart, there is a trading position based on technical analysis factors for Short, including the breakout of Uptrend, And then we can expect the price to fall to the first and second supports zone
I hope it will be profitable for you ❤️
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XRP - Still Expecting For Price To Revisit $0.65 Area Even after a week, there is still nothing new that has happened across the markets in terms of price appreciation. In XRP-BTC pair we had some appreciation towards XRP (will show later in the update of this idea). It is hard to say where BTC might be going right now (setting a new low or not) but looking at the XRP i still see green price area to get revisited at some point, even if it is just a wick.
Looking at a structure of this recent breakout and comparing it to the one made on the bigger timeframe, they look quite similar. I expect therefore still a small drop nevertheless.
I the rare case where this green area doesn't hold i expect yellow rising trendline to get tested and reverse the price. In this case btc would probably set a new low just below 32k.
I am not a financial advisor so non of this should be taken as a financial advise. Be well.
XRP - is going to break this trend line 🚀Two trend lines can be identified on the XRP chart. The price broke the first trend line and tested it as support. The price is now squeezing near the second trend line. If it squeezes and breaks, XRP is likely to continue its move towards the liquidity zone noted above.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
XRP (XRP) - February 5Hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(XRPUSD 1W Chart)
(Full: )
Above 0.71097-0.88410 section: It is expected to create a new wave.
It should be checked whether there can be an attempt to break through the volume profile section formed in the 0.71097-0.88410 section upward.
Two things need to be checked for an upward breakout attempt.
- Check if the OBV red width in the volume indicator is shifting to a green width and if the center line is rising
- Check whether the CCI line rises above the +100 point and above the EMA line in the CCI-RC indicator
To continue the uptrend, it must move above the 0.88410 point.
If it falls below the 0.51383 point, there is a possibility of entering the mid- to long-term investment area, so careful trading is required.
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(XRPBTC 1W chart)
You should check if there is any movement that deviates from the 0.0000 0653-0.0000 2365 section, which is the floor crosswalk section.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
XRP overbought at a Resistance levelI like how XRP`s strongest support in the chart, the $0.55 area hold up so well.
It`s a level to take into consideration when it will enter a bearish trend.
For now XRP has hit a resistance level from which it was rejected.
In a bullish case scenario before the Feb 28 SEC lawsuit, there is another, this time stronger resistance area, at $1.14 to take into consideration.
I think it needs to consolidate here first.
Looking forward to read your opinion about it.