XRP Sell a break setup.Ripple - Intraday - We look to Sell a break of 0.779 (stop at 0.797)
Short term momentum is bearish.
0.781 has been pivotal.
A break of the recent low at 0.780 should result in a further move lower.
We look for losses to be extended today.
Our profit targets will be 0.732 and 0.722
Resistance: 0.800 / 0.820 / 0.830
Support: 0.780 / 0.760 / 0.740
Xrpshort
XRP DAILY ANALYSIS!!- As you can see we potentially could be sitting inside this trend, remember everyone the markets don't move your way, so be prepared for anything to happen, this is crypto haha.
- Long term I do see double digits, but lets see how bitcoin performs as its the leader in this BULLRUN!
- Also XRP under $1 is always a bargain :D
- NOT FINANCIAL ADVICE!
XRP DAILY ANALYSIS!!- XRP can breakout of that triangle and go up or down!
- If it closes above and retest the trend line to the upside then we could see a 200-300% move to the upside!
- If it closes below and retest the trend line to the downside then we could see a massive crash, possibly a BLACK SWAN EVENT what people keep saying may occur!
XRP COULD TEST $0.40-$0.50 AGAIN!1) History may repeat it self again! Look at the red circle XRP broke below the YELLOW SUPPORT LINE before it rose around 100,000% within 1 year!
2) You can see the Orange circles and the BLUE SUPPORT TREND LINE, XRP could hit those levels again before shooting up again!
3) Majority are always wrong, majority of people are BULLISH at the moment.....BUT when XRP reaches that WHITE CIRLCE watch how the MAJORITY become BEARISH, THATS when the SMART INVESTORS WAKE UP AND GO BEAST MODE!
4) I will become MEGA BULLISH on XRP when it breaks below, its not an easy thing to do, but HIGH RISK = HIGH REWARD!!
XRP Sell into a rally.Ripple - Intraday - We look to Sell at 0.798 (stop at 0.816)
Daily signals are bearish.
Rallies continue to attract sellers.
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
Bespoke resistance is located at 0.800.
Our profit targets will be 0.751 and 0.741
Resistance: 0,780 / 0.800 / 0.820
Support: 0.760 / 0.740 / 0.720
XRP Sell a Break Setup.Ripple - Intraday - We look to Sell a break of 0.749 (stop at 0.774)
Daily signals are mildly bearish.
0.753 has been pivotal.
A break of bespoke support at 0.750, and the move lower is already underway.
Reverse trend line support comes in at 0.755.
Our short term bias remains negative.
Our profit targets will be 0.685 and 0.665
Resistance: 0.780 / 0.800 / 0.820
Support: 0.750 / 0.730 / 0.700
XRP Sell the downtrend.Ripple - Intraday - We look to Sell at 0.767 (stop at 0.781)
Trend line resistance is located at 0.770.
Daily signals are bearish.
Preferred trade is to sell into rallies.
50 4hour EMA is at 0.764.
Our profit targets will be 0.731 and 0.721
Resistance: 0.750 / 0.760 / 0.780
Support: 0.740 / 0.720 / 0.700