XRP - 50/100 EMA Crossed Over- As we can see on the charts, the 50 & 100 Exponential Moving Average crossed over on 11th of January 2021 and XRP shot up by about 450%, now due to the Lawsuit hanging over their head, XRP cannot move much, even though RIPPLE has made tones of partnerships with big banks, it wont show on the charts until this case is over, or we could see a massive move in price before the lawsuit is over.
- Last time XRP crossed over on the 27th of March 2017 it shot up by nearly 33,000% :P
- If we even see 10% of 33,000% XRP will be sitting at around £21 ($27)
- If we even see 20% of 33,000% XRP will be sitting at around £43 ($56)
- If we even see 30% of 33,000% XRP will be sitting at around £64 ($84)
- If we even see 40% of 33,000% XRP will be sitting at around £85 ($112)
- If we even see 50% of 33,000% XRP will be sitting at around £107 ($141)
- If we even see 60% of 33,000% XRP will be sitting at around £127 ($167)
- If we even see 70% of 33,000% XRP will be sitting at around £149 ($197)
- If we even see 80% of 33,000% XRP will be sitting at around £170 ($224)
- If we even see 90% of 33,000% XRP will be sitting at around £191 ($252)
- If we even see 100% of 33,000% XRP will be sitting at around £213 ($281)
Xrpbtcc
XRP/USD - Pump and dump. XRP failed to rally higher for now 🙄XRP had an exciting week with high volatility but failed to maintain its price above $1.2 which is currently acting as resistance. In the last seven days, the price decreased by only 2%, despite reaching almost $1.34 for a brief moment. Nevertheless, the bias on XRP remains somewhat bullish so long it holds above the $1 support level, the expectation is to see XRP attempt again to break above the $1.4 resistance.
The bears were quite fast to reject XRP’s attempt at a rally, but they failed to push the price under $1.2 which currently acts as the baseline for next week’s price action. The daily timeframe indicators remain positive, but the bulls need to step up in the coming week as well, otherwise, XRP will hover around $1.2 as before.
Looking ahead, XRP needs to pass beyond the $1.4 resistance if there is hope to see higher prices in the longer term. As such, a break above that level would be a strong indicator that XRP is ready to move higher.
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XRP/BTC buy opporunityHi followers,
BINANCE:XRPBTC reacting nicely to the support area, forming higher lows and breaking out of the down trendline.
Potential upside...
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
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Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only