The last time we analysed XRP, we were waiting for a bounce off the 0.77 level to take us back to the channel resistance. Price reacted perfectly to our 0.77 structure level and blew past the channel resistance for a total raw gain of 75%! We may be seeing a deeper correction now before we have another move up. We have 2 clear areas where we are looking to get...
The last time we analysed XRP, we were waiting for a bounce off the 0.77 level to take us back to the channel resistance. Price reacted perfectly to our 0.77 structure level and blew past the channel resistance for a total raw gain of 75%! We may be seeing a deeper correction now before we have another move up. We have 2 clear areas where we are looking to get...
In bullish scenario, within 23hrs In bearish expect @.90c
XRP has been steadily making its way higher. Looking for a retest of the 0.77 level where structure converges with the trendline. That would be the ideal place to buy. First targets would be 0.92 for a total raw gain of around 20%!
XRP has been steadily making its way higher. Looking for a retest of the 0.77 level where structure converges with the trendline. That would be the ideal place to buy. First targets would be 0.92 for a total raw gain of around 20%!
XRP is within a descending channel and is respecting both the support and resistance. Recently we saw a double bottom chart pattern indicating that price may move up. We are now moving towards channel resistance and structure where we can look for medium to long term trading opportunities. Its worth bearing in mind that if we break the ascending trendline, we...
XRP is within a descending channel and is respecting both the support and resistance. Recently we saw a double bottom chart pattern indicating that price may move up. We are now moving towards channel resistance and structure where we can look for medium to long term trading opportunities. Its worth bearing in mind that if we break the ascending trendline, we...
Ripple forming triangle. Looking for continuation of the move, targets down 0.479 Stop loss above 0.670
In our last XRP analysis, we had a sell set up from the 0.78 level where we indicated that price may break and retest that level before moving lower. Price did exactly as we anticipated and it dropped over 30%! Now we are approaching the support of the parallel channel where we may see a bounce. We have 3 key areas we are looking at. Descending Trendline We...
In our last XRP analysis, we had a sell set up from the 0.78 level where we indicated that price may break and retest that level before moving lower. Price did exactly as we anticipated and it dropped over 30%! Now we are approaching the support of the parallel channel where we may see a bounce. We have 3 key areas we are looking at. Descending Trendline We...
Ripple has been really boring as of late with not much happening. We are now at a very critical time where we can see price being squeezed within a flat triangle pattern. We'll be watching for a breakout in either direction to tell us what the next move is going to be and then follow the short term trend to either side of the parallel channel. Once we see a...
Ripple has been really boring as of late with not much happening. We are now at a very critical time where we can see price being squeezed within a flat triangle pattern. We'll be watching for a breakout in either direction to tell us what the next move is going to be and then follow the short term trend to either side of the parallel channel. Once we see a...
This is one for the HODLers BUY: 0.7793 – 0.8439 TARGETS: 1) 1.2163 2) 1.3966 3) 1.6196 4) 1.9802 STOP: When a 4h candle closes below 0.6504 Rationale: -Price is consolidating under a diagonal trendline, in an area between 0.618 and 0.786 fib retracement of the larger move. -RSI is increasing -The broader market is showing signs of strength, so a break to the...
XRP 2H support is at ~$0.95-0.98 Try to set some buy orders near the support zone If XRP holds above the trendline, the Take-Profit target would be $1.12, $1.20, and $1.28
Also set some Buy orders near the Trendline Remember no more than 5% of the deposit in one trade SL: next sell signal