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Xrpusdbuy

XRPUSD formed bullish BAT | A good long opportunityPriceline of world's 3rd largest cryptocurrency Ripple (XRP) has formed bullish BAT pattern and entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. Lets have a look on the move of price action to see how perfect this pattern is driven: After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci and now the price action is moving in potential reversal zone of this bullish BAT and now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg , but if after this bullish divergence the candles sticks will be closed above the 0.786 Fibonacci projection area of A to D leg then it can also lead to the long term bullish move. As per Fibonacci sequence method we can set our targets as below: Buy between: $0.19305 to $0.19228 Sell between: $0.19490 to $0.19766 So this very short term 2hr chart would be a good long opportunity for XRP day traders. Regards, Atif Akbar (moon333) The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not an investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic BAT pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.
BITFINEX:XRPUSDLong
by moon333
1
XRPUSD reversed from resistance, potential drop! XRPUSD reversed off its resistance at 0.22278 where it could potentially drop further to 0.20000. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
BITFINEX:XRPUSDShort
by Pepperstone
Ripple: Long & Short scenariosHello Traders ! PrimeXBT is here with another technical analysis overview and today we are taking a look at XRPUSD. If XRP breaks the support line seen in the chart, then I anticipate that its price will revisit its previous lows. This triangle formation signals that it could be poised for further gains if it breaks through the horizontal resistance line, which would lead it to target the 50% Fibonacci level. RSI is clearly oversold. Previous low ~ $0.2025 Target if it breaks through the resistance line ~ $0.2589 Market Cap $16 035 694 805 USD Volume (24h) $6 678 425 801 USD Circulating Supply 108 865 785 ETH Share your thoughts and ideas about the market under the chart! Watch closely for our updates to be the first one to get well-timed signals! Best of luck with your trades, we hope they are very profitable!
BITFINEX:XRPUSD
by UnknownUnicorn3931771
2
XRPUSD reversing, potential drop! XRPUSD reversed off 0.22133 where it could potentially drop further to 0.20000. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
BITFINEX:XRPUSDShort
by Pepperstone