Get started

Xrpshort

XRP/USDT - Possible Bearish BreakoutHello traders and community, today we will tell ourselves shortly about the situation of XRP/USDT Trend analysis - As you can see from the XRP/USDT daily chart, right now we are still moving in bullish ascending triangle (white zone on the chart), but unforunately the price of Ripple started creating bearish breakout for testing new lower prices. That's why as a trader, I recommend to wait for correct signal before opening buy or sell position on this pair. If the price of XRP drops lower than 0,435 price level then we can expect beginning of bearish trend and the price will continue to drop up to 0,37 price level (white line on the chart). As another alternative scenario price of Ripple continue to rise up to 0,56 price level. Resistance level is on 0,5 pricel level, support zone near 0,417 pricel level and global trend stays bullish (but can change if the price drops). Chart pattern - Bullish ascending triangle (processing) - Bearish breakout (processing) Technical indicators - RSI: market is still in boarders and is located near 50 level (not overheated, Neutral signal) - MACD: MAs are prepared for downward movement + they get closer to each other (Bearish signal) - BB: Volatility of the market started stabilizing after volatile movement accomplished (Bearish signal in this case) - MA (10,20): MA10 is going upward to the level of MA20 (Bull signal) = Overall bearish signal movement Dear friends, please push the like button, write comments below, follow me for more technical analysis and share this post with other traders - that would be the best support, Thank you for your attention! Tell us about your opinion for making better decisions :) P.S.: Information provided is only educational and should not be used to take action in the market.
Short
by PrizesRises
2
XRP: It's All Up To BTC NOWGood day to all money makers! If you find my charts useful please consider a follow and a thumbs-up as it motivates me to share and grow with you! - Current price movement is heavily dependant on what BTC does next. - This is just my current idea. - I am not a financial advisor! - There is always a huge chance of different patterns taking shape in these ever-changing charts. - I can be 1000% wrong! - Trade responsibly. - Be focused. - Have a plan. - Stick to the plan. - No FOMO. - Take the time to study YOUR own charts and come up with your own ideas as you are going to trade with your money. - Never trade what you are not willing to lose - Remember Stop-loss is your friend. - Smile! - Good Trading and Good Luck If you Find my Charts useful please consider a follow and a thumbs-up as it motivates me to share and grow with you!
by dstvst
6
next up... xrp to 0.78Looking at the daily chart, the flag is closing and the next resistance looks like it's around 0.78usd. The volume is picking up and looking promising! So, unless BTC has a correction and pulls xrp and other alts down with it I'm expecting a nice rise. Hopefully, we are able to gain some more bullish momentum before that happens. Nice to see that the SEC case hasn't affected the price too much (minus the obvious manipulation and suppression). I actually expected to see a lot of FUD prior to the 22nd but clearly, that isn't happening. Also, congrats to those who are expecting to receive some Spark Flare. The predicted price based on the IOU's is looking amazing!
Short
by stillrai
2
XRPUSDT, short after solds above 0.28372 begin.Hi everybody. I want explaine my seen of this situation with XRPUSDT. So we have a good long accumulation some time ago. Then exchange sold big volume of XRP from 0.29 to 0.27. But no big ivesting after that process. Now price start going up from support 0.27483 (transit level) but this purchases not safe for strong long activity. There two ways now the first one its a way when traders start active purchases and exchange will not attempt this. In this variant (1) we can go upper only if 1H candle will close above 0.29614. My opinion 2 way to 0.22 is more real in near future. But there we can gat stop at 0.25 and i will update. Follow me.
Short
by JinFlark