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Xrplong

XRP/USD to bounce and break... I hopeOk well things are looking solid on the markets... I think XRP will be one of the last crypto assets to explode and go parabolic, so I am just accumulating and dumping other trade profits into it over time. However in this set up we have two options either A) bitcoin does not pull back and retest its range and does another leg up meaning I missed my chance and XRP will break out of the triangle and then I kick rocks and wait for a different set up. OR BTC does a retest and backs off/cools down so does the rest of the market. XRP follows that bottom line of support or within the range... Does not NEED to touch the line as its already been tested multiple times in the last few weeks at .55 .60 and .63 so with that being said I am looking to add to the bags in the following range: |See at most a false break out at the .84 range dont FOMO wait for the pull back (or else I kick rocks try again later) start laddering in buys from .73 cents to .75 cents still a great price. Personally anything under 1 is a steal. Take what ever buys get filled and toss them in to cold storage until I see a 5 dollar XRP or go bust. (At 5 dollars a start to sell off very very small amounts IE 2.5% to 5% until my total cost of entry is 0 and I am playing with the houses money. Hope you are all well! Thank you!
BITSTAMP:XRPUSDLong
by BlockchainBreakdown
4
1$ XRP Soon!!?XRP has been performing quite amazing as of late with us rebounding out of the bearish triangle with a gain of nearly +60%, we had a little cooloff recently after our hot run to the upside. Now it seems we may see a little sideways price action before then jumping up another leg. Our main target or first goal would be the 0.2 FIB level at 0.903 cents, breaking through here is going to give us some bullish momentum to push us further inbetween the 0.2 FIB and the 0.3 FIB where the 1$ mark sits. Looking at the bollinger bands we had a strong run up along the top band and have since fallen off during our cooldown phase, we have the midline rising as an added layer of support but we are still not very far off that top band, the whole goal would to be like i said get up and above that 0.2 FIB level, doing so will also put us in a position to grab ahold of that top band once again to make that next explosive move up! now the RSI looks great the main thing here is we regain the midline, now of course we need to see this hold but ultimately this puts us back into a confirmed uptrend aslong as we can steadily hold this level! Also have the yellow SMA pushing up and above the midline is a big deal aswell, this adds another layer of support and gives us a stronger chance of holding above here longer term. Now the MACD we are looking good we still have some big separation with the blue MA on top which effectively makes it more difficult to trigger a bearish cross, now our histogram is decreasing and has been for a little bit now but what im looking for is a flatten out of the green bars and the start of another bullish macd cycle, this would be seen if we notice our green bars beginning to increase yet again! Now what could happen is we see a decrease all the way down to the midline area before getting a bounce off the orange MA, this would fake out a handful of traders making them think a bearish cross is coming before then reversing back bullish! Not financial advice just my opinion!
BITSTAMP:XRPUSDLong
by JacobR905
XRP overbought at a Resistance levelI like how XRP`s strongest support in the chart, the $0.55 area hold up so well. It`s a level to take into consideration when it will enter a bearish trend. For now XRP has hit a resistance level from which it was rejected. In a bullish case scenario before the Feb 28 SEC lawsuit, there is another, this time stronger resistance area, at $1.14 to take into consideration. I think it needs to consolidate here first. Looking forward to read your opinion about it.
by TopgOptions