XRP versus Bitcoin - How to play one off the other XRP / BTC – Weekly Performance Time Analysis
A stark realization looking at this chart is just how long bear periods are for the XRP/BTC pair suggesting that you are better to hold BTC until a buy trigger event occurs for XRP.
The POC is a vital area to watch (explained in the chart). If we find support above/on it, we have room for major upside as there is little to no price volume above it.
If these two points above is all you take from this chart, GREAT! More below…
Buy into XRP Trigger Events:
- Test of lower diagonal trend lines
- Break above and retest of POC as support
- Bear periods lasting longer than 23 weeks means start paying attention for buy opportunities
- Break above 20 week SMA (means pay attention also)
Sell into BTC Trigger Events
- Test of upper diagonal trend lines with rejection
- Hitting the POC resistance would be a sell event for me, it will very likely be stiff resistance. You can always re-enter once we find support above it and you can always leave something small on the table to keep you
interested.
- Bull periods lasting longer than 7 - 10 weeks be cautious (take some profits). We are here now.
- Break below the 20 week SMA has not been good for XRP most the time, also if it acts as resistance or if price oscillates around it when is downward sloping, the outcome is typically not great.
Bull and Bear Time Frame Determination:
I have done my best to use any >15% candle close above the 20 week SMA as a bull period. I have also tried to use common sense to try and determine downward or upward price structure…so some of this chart is my interpretation of bullish versus bear price action. However I think the general trend(s) are there to see. You can make your own interpretations also. The chart after all is only to provide some assistance in your trade, maybe help reach a decision, one way or the other.
Xrpbtcsignal
XRP/BTC, Ripple/Bitcoin - WOW🔥Strong potential pairPrice is near a super-strong key level. It will be good if the price will be in a long range near the level for a fast and big increase. Potential more than 300%. I'm keeping my attention
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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 above 100 WMA first time since start of last bullmarketThis is a very significant event because this triggered the last bull-market for XRP and this could well be the start of this bullmarket, A lot of more indicators suggest that this could be the start. XRPBTC seems to have bottom out and the last time XRP did push upwards was when Bitcoin was close to its all-time high which it is once again. XRPETH also seems to have bottomed out. RSI for XRPBTC on the daily was on an all time low before the push up, on the weekly RSI it was on support. I have a lot of more reason to believe that this is the start of something spectacular but only time will tell.
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XRP/BTC - buy a divergence The subsidence of dominance will release the force in altoin.
that's why I'm buying.
divergence
a breakdown of a strong weekly level.
Going back up would be a false break-up.
Push ❤️ if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks for your support!
XRP DivergenceBullish divergence on XRP 4H chart, in which oscillator produces higher lows while price produces lower lows. The divergence scenario hasn't been very successful for myself, however i am trying it with lines instead of candles seeing if going from candle bottom instead of wick bottom works. Golden cross is coming on the daily chart also. Looks very bullish.
XRPBTC Maintaining Higher LowsXRPBTC has been on three major bull runs, while maintaining an uptrend. Fractal ribbon can be seen to be in the buy zone.. Sorry if the chart is a bit cluttered hard to fit all this information in. Linear regression isn't quite important in this scenario, but i thought it would be cool to see a 0.91 downtrend smash
XRP should drop soon - SHORTXRP/BTC is facing downtrend after SWELL Event, XRP/BTC is now facing important support trendline on 3D Chart.
Price is hanging close to 21 and 50MA Support on 3D, As 3D Candle started today, we could expect more sell-off in the next two days.
MACD is also about to crossover on 3D Chart.
Trade Signal:
Entries:
0.00003090-3290 BTC
Exit:
0.00002790-2890 BTC
STOP:
0.00003390 BTC
XRPBTC breakout!Pairing looks solid with green horizontals and red representing stop:
TP1 3386
TP2 3572
TP3 3586
Stop @ 2967
This is a second wave pending volume confirmations from the second XRPUSD publication in which I was referencing in my earlier publication earlier last week. This is a short-mid term entry. Highly volatile.
Disclaimer
Not financial advise
-@a1mtarabichi
DBL BOTTOM— XRP wave incomingI would suggest making an entry soon as possible if this was a financial advice pertinent publication; unfortunately it’s just for entertainment purposes so nothing to see here folks *wink*
Targets and stop being viable for both XRPBTC AND XRPUSD with XRPBTC pairing short set at 3767sats and the aforementioned in the publication above!
Burkowski never disappoints as we have yet another double bottom this week...they seem to be popping up like a Mormon newlyweds couple’s children!
Stop losses folks !
Cheers,
Happy Monday !
-@a1mTarabichi
First Breakout Confirmed. Second Is Right Around The Corner.XRP has broke out of the falling wedge and has been in an uptrend since August 9th. The next MAJOR resistance is the thick red line. This resistance dates back to the ATH. The MACD on the 1D has flipped bullish and is so close to flipping bullish on the 1W. (Look at my previous analysis for that. RSI is about to flip above 50, which is bullish as well. If price can break through this upper resistance we will see some real fireworks! First target is a 2X. It is definitely worth owning some XRP right now just in case of a breakout since this coin can run wild.
*This is not financial advice. I am not responsible for any losses of money.*
Fibo Wedge Reveals opening on both SHORT and LONG XRPBTC
For whatever reason; chart is not publishing as it is on my screen so I've reprinted the SS above ^
T1-4 with TP1 & 2 being SHORTSELL exits (48-80 hrs)
TP3 a mid position (timeframe 3-5 days)
TP4 a LONG position (>7 days -- pointless to speculate)
OFC stop @ 3151 <-- MOST IMPORTANT FIGURE!!
So I'm leaving this a neutral publication as there is virtually an entry/exit for whatever position (contingent on what type of trader) you are.
Personally; when BTCUSD is sideways/bearish I always like to snipe whatever quick shorts on alts I can...so I usually pivot from my typical EMA50/EMA21 and venture into lower, high-risk/high-reward entries and toe the line between day/swing trading (if I have the extra time) for pairing against ANYTHIHNG other than FIAT USD is a TERRIBLE DECISION and something I would NOT ENCOURAGE AMATEURS TO DO! If you are not an experienced trader; let me reiterate, DO NOT BOTHER EXPERIMENTING WITH OTHER PAIRINGS BESIDES USD UNLESS YOU ARE WILLING TO LOSE, as these are very difficult trades to pinpoint timeframes/exits seeing as how you need not only BTC to decrease but the coin you're pairing it against to increase in volume/priceaction: so your normal indicators don't typically apply in certain contexts.
This is why I only stick to top 25-50 market cap coins & I don't trade in any coin (nothing in my portfolio) that I don't know everything about -- from the whitepaper, dev team, roadmap, updates, etc. everything...
I never understood how forextraders could take a position on a cryptocurrency when they haven't read the whitepaper...it makes absolutely no sense and boggles the mind!
Would you invest in a product/service if you had NO IDEA what it did ? Just because the charts look decent? If so than you're a fool!
With that being said, have a wonderful day.
Peace & Love.
- @a1mTarabichi
DISCLAIMER
NOT FINANCIAL ADVISE
XRPBTC Potential Long ReversalHi guys its Brian here with a potential long setup for XRPBTC.
XRP has been taking some serious damage for the past 2 months or so. However today it is one of the coins that is in the green amongst the sea of red.
Currently XRP is having its 4th green day on the daily time frame. MACD has just started to cross to the upside. Stochastic RSI has already crossed up and RSI is pointing up as well.
This is a somewhat high risk high return trade because there is a possibility that XRP has not yet bottomed out. However it is starting to show some signs of life and could be ramping up for the next price pump.
Stop Loss: 0.00000267
Take Profit: 0.00001093
Approximately 1:4 risk to reward ratio
www.brianchai.com
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XRPBTC - Market movement? price?Seem like market formed Cup and handle pattern and now it's availabe inside handle and can breakout in few days and can trade as per drawn chart.
But as per market condition, i will not recommend to wait for higher targets (as per pattern target) but can take decent profit with tight Stop-loss.