Xrpusdanalysis
XRP/USD Potential Impulse Correction Pattern ! Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice.
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.
XRP UPDATE!!- We need to see XRP break out of that triangle, it may consolidate up and down until the case is not over and then once it breaks out we will see ATH very soon.
- We may see it drop as a low as $0.50 before we go back up!!
NOT FINANCIAL ADVICE - INVEST AS YOUR OWN RISK (DO REMEMBER THIS IS A ISO20022 COMPATIBLE CRYPTO - SO VERY HIGH CHANCES FOR MASSIVE RETURNS)
XRP/USD Ready To Pump ? Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice.
Ripple- 0.7, a good place to sell shortAfter the recent 0.55 low, Ripple has found support and, like all crypto market is in a correction.
This correction can be a good opportunity for speculators to join the trend and sell this rally.
A good place for this can be 0.7 resistance with a target towards 0.5 important support.
Sustained buying above 0.7-0.75 would negate this scenario
XRP/USDTHello Trader
Let's take a look at XRP/USDT situation in the chart
In the current situation, XRP has been able to maintain the level of support that can be the first area of accumulation.
We suggest buying at two lower levels as well
Do not miss this opportunity because you will regret it later.
XRP/USDJust some thoughts. We will see if XRP can hold this next support range. This depends on when BTC will begin its initial .702 retracement after indicating entering a bear market. Once BTC begins retracing, we will have entered the official alt coin season, especially for the alts that haven't reached new all time highs this bull season.
Ripple- can it drop to 0.5?Since the last spring's to near 2usd, the trend for Ripple is clearly down with a lot of lower highs in place, and after breaking under 1usd in early December, the cryptocurrency has entered a range and consolidation phase.
Considering the overall trend for the crypto market, I expect continuation to the downside for XrpUsd and my target is 0.5
Confirmation for this comes with a break under 0.7 and only the price steady above 0.9 strong resistance would make my change my opinion