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XRPEUR

XRP - Decisive momentWe have seen the price break the 0.20€ support on this last week. Then it came back again over it and seems to stay, with a small wave visible on 1H chart. The descending parts seems to get blocked at our support. If in the few hours/days the price is going back under, it will be a stronger short signal than MACD and Stochs which are actually showing something not so bad. If we don"t go under, we can look on big bullish flag confirmation finishing around March 2020. I must admit that I'm looking XRP chart like an addictive Netflix show! We want to know what will happen! I read a lot of Long and lot of Short 1D Analysis here. This is looking like a serious enigma for everyone!
by Spare1
XRP shows contradictory signalsOn the stoch side, the indicator has a very low value, if we look on the past, it has been a buy signal any time for XRP on 1D. We also reached the main support, which is also a classic buy signal. This could be the bottom of a huge bullish flag started in june 19 and finishing in March 20. That could be a classical and logical trade scenario. But one the other side, MACD signal is not on his best and space between EMA 50 and EMA 200 still growing. So the support could break and we could retrace a downtrend channel instead of a bull flag. I'm for the first option, like 51% - 49%. On my last XTZ idea, we had alsmost exactly the same configuration and XTZ just made a bull run and even broken the resistence of bullish flash. We can imagine the same thing for XRP. What do you think?
by Spare1
20191105 XRPEUR Open Short PositionHi there, Just and idea after analyzing XRPEUR Movement this year and areas, specially supply and demand, and some chart patterns that indicates the price could go down before it starts up. Right now, it's starting to curve, giving sign of downtrend. As usual btc goes on the hand of btc and since you may see in some analysis i have made on BTC, this could go down too. More than once i have noticed volume blocks on Kraken on 0.19 euros. This could be anothr sign too. So, in personal opinion, it could be a good place to open a short position for a couple of months while price goes down to demand area. Again, Just personal Idea and not financial advice. Cheers! Charter X
Short
by CharterX
Ripple's life scenariosHello, Traders! Monfex is at your service and today we overview XRP/USD . On the chart, we see two large channels (ascending) that set the PPP trend up. Locally, it is located in a small downward channel. The first scenario: there is a support zone where the support line of one of the channels ~ $ 0.15 - 0.20 also crosses, from which an impulsive push up to new historical peaks is possible. Also, it can be assumed that the RSI will move to the positive bull level of 0.40+ by the end of the year. This triangles pattern looks confident. There is also another assumption: MA100 is located above the valuable one and acts as a resistance, which is not a very good buy signal. Having sold this zone, there is an option to go to the support of the second large channel of ~ $ 0.5 , which will be an apocalypse for the entire cryptocurrency market and then we can expect massive cleaning in the market, many will not survive in this state of affairs. I am inclined to consider the first scenario more likely, but I could not afford to not consider the second. Share your thoughts, ideas about the market under the chart. Watch for our Updates to be the first who gets well-timed signals ! GOOD LUCK AND LOTS OF PROFITS !! Disclaimer This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
POLONIEX:XRPUSD
by Monfex_UK
Profitable Ripple Hello, Traders! Monfex is at your service and today we overview XRP/USD . The small bullish with big bearish divergences by RSI played well. So the price had gone up from the triangle to the local resistance and bounced to the buy-support zone. Now RSI almost in oversold zone. MA100 && MA200 support the bulls. But if bears will take the price under a previous peak and fix it under the last support line, then we should expect a further decline movement to ~ $0.2501 . The resistance zone ~ $0.31-0.32 The local resistance zone ~ $0.304 The local support zone ~ $0.283 Supposed Trade Signal by XRP/USD Buy near $0.28 Take profit ~ $0.375 Stop loss at $0.27190 Market Cap $12 630 398 456 USD Volume (24h) [b$2 597 021 191 USD Circulating Supply 43 248 091 671 XRP Share your thoughts, ideas about the market under the chart. Watch for our Updates to be the first who gets well-timed signals ! GOOD LUCK AND LOTS OF PROFITS !! Disclaimer This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
BITFINEX:XRPUSDLong
by Monfex_UK
Ascending Ripple Hi, dear Traders! Monfex is at your service and today we overview XRP/USD . Ripple in the ascending channel, formed an ascending triangle whose target is the resistance zone and the upper line of the channel, but this is 55% probability. 45% is a breakdown of the channel’s support lines and further correction, in support of this idea there is a big bearish divergence by RSI. What to expect in the near future from Ripple ? XRP in a short-term has bullish divergence by RSI and may rise to the line of resistance of the triangle. The resistance near $ 0.305 - 0.32 The local support near $ 0.2855 Market Cap $12 619 499 034 USD Volume (24h) $1 512 163 355 USD Circulating Supply 43 242 653 330 XRP Share your thoughts, ideas about the market under the chart. Watch for our Updates to be the first who gets well-timed signals ! GOOD LUCK AND LOTS OF PROFITS !! Disclaimer This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
BITFINEX:XRPUSD
by Monfex_UK
XRP - The global financial reform curve is mounting.With the SWELL conference only 19 days away... we sure have a nice setup. Still, plenty of FUD to go around... but something is in the air. Something is different. The entire world is changing, and it is being felt by many. It is foolish not to take some level of risk on XRP. I live a life very deep in tech, spend most hours of the day programming, and love the idea of a cyberpunk world. But even though, I think it is foolish to believe that Bitcoin will be the only crypto in the new worldwide economy. And the new global economy is underway. Most of us are blind to it, think we know better, or don't care. But those of us who are paying attention will reap the rewards. Just remember that wherever you are in the world, that you will need to take care of it. The greater your reward, the greater your responsibility. If you allow those around you to suffer, you will suffer as well. We are at the true beginning of a very large sweeping global change. It is exponential. If you participate, your life will be forever transformed.
KRAKEN:XRPUSDLong
by obsidian791
4
Yearly Support Looks Really GOOD on XRPI must say, the bounce from the 0,21 XRP/EUR pair, same on XRP/USD Looks really solid. Target of 1 EUR, just above 1 USD looks really good from here. If it might drop lower, almost any level looks like a good buy, but do your own research. Swell event is upcoming and Ripple already put out some positive news on XRP now ODL (On Demand Liquidity) and might have some big announcements upcoming on Swell and towards end of year and further. Take care and feel free to comment.
Long
by TradeReact
1
XRP - Bullish Continuation or Inverse Head and Shoulder Setup?XRP has grown close to 40% since it's Sept 23rd dump and is looking very bullish. The price action is sitting on strong resistance around .0000337. I will be looking to see if the bulls can push the price beyond the green resistance trend and hold above it. If so, we may have a bullish continuation to the upside. However, if the price gets push back down, this may establish the neckline of an inverse head and shoulders pattern. I will be using this second chance opportunity to grab so more cheap XRP while I can before the right shoulder completes.
by jpbrown1023