XRPEUR
XRP buy the pivot support.Ripple - Intraday - We look to Buy at 1.055 (stop at 1.014)
Daily signals are mildly bullish.
Pivot support is at 1.050.
Dips continue to attract buyers.
We look to buy dips.
Our profit targets will be 1.178 and 1.218
Resistance: 1.100 / 1.150 / 1.200
Support: 1.050 / 1.000 / 0.950
XRP/USD (Monthly Confirmed Support?)💎Technical Analysis Summary💎
XRP/USD
-XRP is confirming the monthly support area around 0.55 dollar
-This zone is a confluence of two EMAs and previous resistance zone
-If this month of August closes a green candle
-I think the chances to retest the recent high increases
-And a potential test of ATH once the current resistance is broken
-Congrats to the long term traders who bought at around 0.2 dollar
-Keep holding because the trend is still intact
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If you need help🙋 don't hesitate to
Send me a message here PolarHusk 😊
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Trading Involves High Risk ⚠️
Not Financial Advice 💸
Exercise Proper Risk Management 💱
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XRPBTC Inflection PointThe point of inflection can be identified where price separates and is a change of convex to concave
Essentially at the point of the fib circle (1) where a change in direction of curvature occurs
This has previously proven how price acted bullishly after this
Now it has happened again within a stronger fib trend
Bullish results?
MOON XRP
XRP Observation XRPUSDUsing the Fibonacci Wedge tool I noticed this repeating pattern of a flag (yellow) sharp rise (green) and then a prompt decline (red)
Not too sure about the relation to the Fib levels within the wedge (if I have drawn it right) but they all seem to dump along a Fib line
I am long ripple/xrp
XRP/USD ($0.5 Area Strong Support?)💎Technical Analysis Summary💎
XRP/USD
-The XRP bulls failed to claim above the $2 mark last April 2021
-After consolidating around $1.5 for a week, the market decided to go down
-The price is back to the average and it is currently trading at the key interest zone
-The $0.5 area is acting as a buying opportunity for long term investors for now
-This region has been respected multiple times as support and resistance since 2018
-If the bulls can flip this area as support, I think a bigger chance to retest the $2 is likely
-For now, we will have to wait at least 1-2 months if a form of the base will be established
-As we all know, everyone is waiting for the big move of Bitcoin
-We will be patiently waiting and be ready when the oppurtunity presents itself
-Good luck and stay safe everyone!
⚠️Please always read the description⚠️
Thanks for donating 💰 via Tradingview coins bitcoinpam 🙏🎉
``````````````````````````````````````````````
If you need help🙋 don't hesitate to
Send me a message here PolarHusk 😊
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Exercise Correct Risk Management 💱
``````````````````````````````````````````````
XRP looks like it will run on top the next really! Look at XRP today. We are currently crossing our MA resistance and pumping our way higher to the next fibo resistance.
So xrp has in the lást months a lot of problems with sec. It looks like we will see some news in the near future regarding the lawsuit.
A good conclusion would instantly push the price to new highs. So keep in mind. we are up already 10%. Maybe cost average would be a good way to get the risk away.
As always have a nice day and leave a follow for daily news