XRPBTC
XRP LOOKS TO MAKE A NEW HYPE TREND LEVEL - BREAKOUT POSSIBLE!Hello trading friends,
I hope you have a good weekend all.
We did add before about XRP when it was below 1 USD, and if XRP confirms the time frame it could enter the hype trend as you can see also below into this chart.
XRP is at this moment into the hype trend what could mean that it can break out even to 1.59
It's interesting to follow it coming time as the hype trend can start at any moment if the trend gets confirmed by time frame.
Have a great day
XRP - What Happens Next Week? Hi, this is my new update for XRP. I told u guys yesterday that we are going to see a big green candle tomorrow and we have smashed all the red candles in the past 3 days with one green candle. We broke the first trendline 5 days ago and we completed a beautiful backtest of trendline yesterday and now we are trying to get through the red trendline that we have already been rejected 5 times, so it is very important that we break it and close at least one candle above it and at the same time we are trying to break big resistances in both the RSI chart and the MACD chart. The first resistance is between $1.31-1.38 and if break it the next one is around $1.60-1.70. So be patient and don't panic, I expect we are going to see big moves in XRP next week ;)
XRP - Will we see a good rally?Okay! Let's go to Ripple analysis and examine its motion. XRP is hanging between the support and resistance. The major support is $1 - $1.1 area, and it is bouncing from there. The resistance to break is $1.22 - $1.25 area, and after the breakout, we will see a good rally. You can build your position in XRP near the $1.1 support area. All big caps are moving, and we will see similarities in XRP in the coming days.
Ripple XRPUSD - Elliott Wave + Ascending channel- On the chart we can spot an Impulse Elliott Wave and ascending parallel channel!
- As you can see we are currently at the 5th wave to the upside, which can be huge!
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- The coin started this uptrend by the Head and Shoulders pattern.
- Target is top of the channel or 1:1 fib extension!
- New all time highs are near than you think.
- The volume is decreasing, which means, that a big explosive move is coming!
- If you want to see more of these ideas, hit "Like" & "Follow"!
XRP (XRP) - November 4Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(1W chart) - mid- to long-term perspective
Above the 0.51383 point: expect the uptrend to continue
0.71097-0.88410 or more: Expected to create a new wave.
(1D chart)
First resistance section: 1.07222-1.18894
Second resistance section: near 1.53490 point
First support section: near 0.83878
Second support section: 0.48862-0.60534
If the price holds above the 1.18894 point, it is expected that the uptrend will continue.
However, the uptrend is expected to accelerate only when the two mid- to long-term downtrend lines are deviated.
Therefore, the uptrend is expected to accelerate when it rises above the 1.53490 point.
The first resistance section is an important section, and if it declines in this section, it can fall below the 0.88410 point, so a short-term stop loss is required.
However, careful trading is required as it can rise with support in the volume profile section formed in the 0.71097-0.88410 section.
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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 it is in an upward trend or in 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 regenerate themselves.
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** 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 the sake of 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 is about to break the long-timed pattern, pump is on the wayin adaily chart as you can see it is stuck in the edge of the triangle, it is gonna break it.
For now it has more potential to break upward than downward.
IF it breaks up it will have 2 resistance where you can slightly take some portion of your profit.
First stage is 11%
2nd stage would be more profitable approx. 33%.
Bollinger Bands is also stuck, so it support the way where XRP might go
RSI is high but could be higher with the pump :))
Good Luck
NOT FINANCIAL ADVISE just educational purpose
XRP PARABOLIC = Coinbase Listing = MOONMartyBoots here. I have been trading for 14 - 15 years and I am here to share my ideas with you to help the Crypto space.
Bitcoin & ALT Coins are Setting up for a HUGE bounce and we in CryptoCheck intend to make lifechanging money
ALT SEASON IS NOW - DO NOT BE LEFT BEHIND
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XRP about to pump * XRP in Weekly time frame forms a Symmetrical triangle pattern.
* Symmetrical triangle occurs when the price consolidates between two parallel trendlines slightly sloping towards each other. The price is squeezed until it breaks the pattern.
* After breaking the upper trendline XRP will move towards $1.57.
XRP - is it going to break this trendline❓😲I don't know if you've noticed, but for some reason nobody is talking about XRP right now. But that's normal, it always has been and always will be. If you are new to trading, please don't buy assets that are already very much up and talked about everywhere. Buy when everyone is silent, when the asset is at the bottom, along with the big players.
You can mark a trend line on the XRP chart, the price consolidates for a long time and approaches the trend line. This is a signal for a breakout and rise. There could be a good buying opportunity after a breakdown of the trend line. In case of false breakdown, close the position.
And of course don't forget to subscribe to our tradingview and other platforms, leave the name of the coin you want us to analyse in the comments. 💚
XRP/USD BULL RUN (INVERSE H&S PATTERN)Support: $1.10/ $1. 05 / $1.00/ $0.9800/ $0.90-$0.88500/ $0.8200- $0.78500/ $0.7460/ $0.68500/ $0.64500-$0.62500
Resistance: $1.14/ $1.20/ $1.24650/ $1.3050/ $1.35/ $1.40-$1.42500/ $1.50/ $1.6450/ $1.70/ $1.76/ $1.86500-$1.88500/ $1.96-$2.00
What is Inverse Head And Shoulders?
An inverse head and shoulders, also called a "head and shoulders bottom", is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends. This pattern is identified when the price action of a security meets the following characteristics: the price falls to a trough and then rises; the price falls below the former trough and then rises again; finally, the price falls again but not as far as the second trough. Once the final trough is made, the price heads upward, toward the resistance found near the top of the previous troughs.
KEY TAKEAWAYS
An inverse head and shoulders is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends
An inverse head and shoulders pattern, upon completion, signals a bull market
Investors typically enter into a long position when the price rises above the resistance of the neckline
Ripple’s XRP would need to move back through the $1.1123 pivot to bring the first major resistance level at $1.1546 into play.
Support would be needed, however, for Ripple’s XRP to break back through to $1.15 levels.
In the event of a broad-based crypto rally, Ripple’s XRP could test resistance at $1.20 levels before any pullback. The second major resistance level sits at $1.1958.
Failure to move back through the $1.1123 pivot would bring the first major support level at $1.0711 into play.
Barring another extended sell-off, however, Ripple’s XRP should avoid sub-$1.05 levels and the second major support level at $1.0288. The 38.2% FIB of $1.0659 should limit the downside