XRP/USDT Chart - Short term tradeHi, I try to post often so if you could follow and boost the idea it would mean a lot to me.
I am preety bullish on XRP on the long term and I think after the SEC case it will be a coin with a great future. But from a trader perspective its time for a quick short. We have a great tripple top set-up, a bearish divergence in the 4H and in the 1H chart. We are overvalued in the 1H chart and it's time for a drop. Selling pressure will start soon and the coin will drop to the 0.38-0-40$ range. Be quick to take profits because the bullish bias on the coin is on and a recovery can happen quick. Comment what you think.
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Xrpshort
XRP found a local topI will enter a stop position on XRP at 0.3562
Three take profit targets at
0.3435 3.5%
0.3355 5.7%
0.3222 9.5%
Stop loss if 4hour candle closes above
0.3619 1.75%
This idea is supported by technical indicators
and by the btc trend which seems to have found a resistance aroun 21700$
since stop loss is at 1.75% i will use 3x leverage
risking around 5% of my position.
FOLLOW FOR MORE!
XRP Short ideaPrice is moving in down channel, bellow the huge bear flag formed from 19th of June low. RSI on daily <50, on the 4H TF RSI, has more room to grow, MAYBE just a little fake out the break the channel and hit resistance at the lower line of the bear flag, before next collapse. It has broken the bear flag already, it can just unsuccessfully retest it from below. Take profits on dashed lines, 0,3102 and 0,2956. NFA, DYOR, have good luck
Will XRP breakdown or continious upwards ?XRPUSDT is trading in an uptrending price channel , this is also confirmed by the MA 50 and 200 trend lines . Earlier, the coin broke the downtrend and after confirmation it is forming a strong upward momentum.
I assume that the price can grow. I have outlined two working situations: breakdown of the downward resistance without testing the support. Or rollback to the support of the ascending price channel and in this zone it is acceptable to look for an entry point for purchases.
POTENTIAL MASSIVE CRASH THIS YEAR!- This massive crash could occur soon some time this year, still keep dollar cost averaging into your favorite utility cryptos, however have some money ready on the side lines so you can buy at a massive discounts!
- Understand that the markets are designed to be against the retail trader (YOU), just make sure that you don't listen to the news as its controlled by these elites 0.05% of the world!
XRP GOING BACK TO $0.20 (£0.16p)- XRP looks like it breaking to the downside, a global recession is on its way, hyper inflation, so much downside in the economy.
- When full blown utility comes into this crypto space which is going to happen by 2025, we will then see one of the biggest BULLRUNS of our lifetime!
- If we do see £0.16 XRP omg, you need to get at least 10,000 because as soon as the lawsuit is over and XRP is declared not a security we will see mass adoption and TRILLIONS FLOOD into this space!!
- 10,000 XRP X £10 IS £100,000!
- 10,000 XRP X £20 IS £200,000!
- 10,000 XRP X £30 IS £300,000!
- 10,000 XRP X £40 IS £400,000!
- 10,000 XRP X £50 IS £500,000!
- 10,000 XRP X £60 IS £600,000!
- 10,000 XRP X £70 IS £700,000!
- 10,000 XRP X £80 IS £800,000!
- 10,000 XRP X £90 IS £900,000!
- 10,000 XRP X £100 IS £1,000,000!
- NOT FINANCIAL ADVICE!
XRP potentially go to $0.14 - As we can see that the market is experiencing massive losses, Celsius, Luna, whats next Shiba Inu or Dogecoin, because as much as people would like to argue doge and shiba are just a toke with no use case!
- If another crash occurs then we could see XRP at $0.14 (£0.11p)
XRP Sell into the resistance.XRP - Intraday - We look to Sell at 0.4397 (stop at 0.4514)
0.4424 has been pivotal.
0.4401 has been pivotal.
We look for a temporary move higher.
Daily signals are bearish.
20 1day EMA is at 0.4317.
Preferred trade is to sell into rallies.
Our profit targets will be 0.4104 and 0.4044
Resistance: 0.4300 / 0.4400 / 0.4500
Support: 0.4150 / 0.4100 / 0.4000
XRP Sell the trend line resistance.XRP - Intraday - We look to Sell at 0.4198 (stop at 0.4301)
Daily signals are bearish.
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
Trend line resistance is located at 0.4200.
We look for a temporary move higher.
Our profit targets will be 0.3952 and 0.3902
Resistance: 0.4150 / 0.4300 / 0.4400
Support: 0.4000 / 0.3900 / 0.3800
XRPUSDT short scenarioOverall market is in a down trend, but we can see market is making an upwards correction in 1h timeframe, and in the last day it has broken it's upwards structure by creating a lower low and going above break of structure point, now we are waiting for market to go down below and entry on BOS point.
Entry: 0.4276 (BOS)
Target: 0.3570 (Overall trend recent lower low)
Invalidation 0.4447 (Above recent higher high of a correction)
XRP MAY GO LOWER!!- As we can see the market has broken to the downside, we just witnessed a BLACK SWAN event (TERA LUNA CRASH) this was done by BLACKROCK for sure, its a trick to manipulate the markets and bring the prices lower, so they can create FUD (FEAR, UNCERTAINTY AND DOUBT) This market is going to potentially do a 100X in the upcoming 5-10 years, they want as many retail investors OUT before INSITUTIONAL MONEY FLOODS THE CRYPTO MARKET!!!
XRP $100 (£81)- It all makes sense:
- ISO20022 GO LIVE date: November 2022
- ISO20022 Completion date: November 2025
- I believe MAJOR adoption will kick in after 2025 so between 2025-2030 it is HIGHLY LIKELY we will see a $100 (£81) XRP
- If was you was to invest only £2,000 into XRP TODAY (remember to DOLLAR COST AVERAGE & ONLY be willing to invest what you willing to LOSE) you will get around 5,800 XRP X $100 / £81 = $582,613 / £476,470!!
DISCLAIMER!!
- NOT FINANCIAL ADVICE!!!
- PLEASE DYOR (do your own research)
- HODL (Hold on for dear life)
- Keep your crypto of exchanges!
XRP IS GOING TO $0.29 (£0.24p)- WOW haha this market is volatile.... I am still BULLISH!
- Guys please don't FOMO in unless your HAPPY for your portfolio to go down further and not react emotionally.
- Always invest what your willing to lose!
- STAY level headed, go to the gym, eat healthy, talk to people communicate, please don't let this market affect your mental health!
XRP Sell the 20 EMA.Ripple - Intraday - We look to Sell at 0.522 (stop at 0.537)
Daily signals are bearish.
There is no clear indication that the downward move is coming to an end.
Preferred trade is to sell into rallies.
20 4hour EMA is at 0.524.
Our profit targets will be 0.484 and 0.474
Resistance: 0.500 / 0.520 / 0.535
Support: 0.480 / 0.470 / 0.450
XRP IS HEADING TO $0.40 - £0.30P- It's okay.... don't panic, remember to always erase your emotions when it comes to investing.... if XRP reaches $0.40 / £0.32p then think of it as a massive discount.
- XRP is designed to move TRILLIONS in seconds, so its use case is strong, utility is massive and its ISO20022 compliant....XRP is even on the world economic forum crypto pdf.
- I will keep you guys posted on the markers, please stay tuned for more TA.