CAN XRP REACH 0.85$ ! Traders,
Here we have XRPUSD 1D chart.
Previously we talked about gaining +100% for this crazy coin here below and determined a critical levels which was respected well in tha past few weeks :
Now we have many clear reasons for launching a perfect rocket to the nearest moon:
1-Golden CROSS
2- Very bullish broken pennant
3-breaking the 0.236 raio for the first time for the ATH
4- Light resistance (RED DOTS)
5-Point of control (POC) for the daily all time frame at 0.85$
Finally we gonna watch an interesting rally in my humble vision and let the good green days come back...Happy Trading.
Regards,
Mohsen
XRPEUR
Manipulation will never endget news today, clear usecase and utility, lots of volume will come to xrp but of course the manipulators will do this for time and memorial.
The price patterns in XRP are extremely bearish in my opinion and this is further confirmed by the extreme bullish sentiment in the XRP community. A short position would be an extremely smart contrarian trade. Good luck.
There is a possibility for the beginning of an uptrend in XRPEURTechnical analysis:
. Ripple/Euro is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 50.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.33000 to 0.28400). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.33000)
Ending of entry zone (0.00013250)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.42000
TP2= @ 0.50240
TP3= @ 0.62700
TP4= @ 0.75600
TP5= @ 0.95900
TP6= @ 1.09000
TP7= @ 1.35700
TP8= Free
There is a possibility for the beginning of an uptrend in XRPEURTechnical analysis:
. Ripple/Euro is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 50.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.33000 to 0.28400). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.33000)
Ending of entry zone (0.00013250)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.42000
TP2= @ 0.50240
TP3= @ 0.62700
TP4= @ 0.75600
TP5= @ 0.95900
TP6= @ 1.09000
TP7= @ 1.35700
TP8= Free
XRPEURHere is my forecast for XRPEUR.
As the BTC we came back to test the support following a transaction of about 215M USD, about 25 000 BTC, which led to this famous dramatic fall.
Expect in the next days a bullish recovery, where we will test the famous resistances, with a little luck we will go up to .50cts
Golden Crossover: XRP Heads for Bullish Chart Pattern"The upward sloping 50-day moving average (MA) looks set to cross above the 200-day MA soon.
That said, XRP is still down 87 percent from the record of $3.30 reached on Jan. 4, 2018 and far from being overbought.
The golden crossover, therefore, may invite chart-driven buying, leading to the next leg higher in the cryptocurrency."
www.coindesk.com
finance.yahoo.com
Siam Commercial Bank, Ripple Multi-Hop User, xRapid User, Digital Asset User, Asian HUB
www.youtube.com
cointelegraph.com
"XRP: This double bottom will melt faces if it plays out. Couple Bullish indicators Im looking at 1.Golden Cross Incoming 2.
Double Bottom Formation 3.Bullish Divergence on MACD . As Long as Bitcoin doesn't dump on us, we could be do for a nice rise!"
twitter.com
BINANCE:XRPUSD
"Bitcoin Builds a Strong Case as ‘Store of Value’
coingape.com
Please consider a like or a follow if this is helpful.
Respectfully, your XRP brother @thomascusack
Btw, The XRP golden cross may bring me riches. But it was an old wooden cross that gave me my salvation and untold heavenly riches!
There is a trading opportunity to buy in XRPEURTechnical analysis:
. Ripple/Euro is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 55.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.32500 to 0.25000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.32500)
Ending of entry zone (0.25000)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.40790
TP2= @ 0.50240
TP3= @ 0.62700
TP4= @ 0.75600
TP5= @ 0.95900
TP6= @ 1.09000
TP7= @ 1.35700
TP8= Free
There is a trading opportunity to buy in XRPEURTechnical analysis:
. Ripple/Euro is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 55.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.32500 to 0.25000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.32500)
Ending of entry zone (0.25000)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.40790
TP2= @ 0.50240
TP3= @ 0.62700
TP4= @ 0.75600
TP5= @ 0.95900
TP6= @ 1.09000
TP7= @ 1.35700
TP8= Free