Xrpusdbuy
XRPUSD formed bullish Shark | A good long opportunityPriceline of XRP / Dollar cryptocurrency has formed a bullish Shark 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.
I have used Fibonacci sequence to set the targets:
Buy between: 0.18946 to 0.18848
Sell between: 0.19066 to 0.19296
Regards,
Atif Akbar (moon333)
XRP (XRPUSD) Market Outlook | Daily Crypto Market BreakdownSimilar to BTC I feel that we are going to be falling lower soon. If XRP fails to break and close above 0.20 then I feel we could fall back down to 0.15 It is still to early to tell. I will update everyone if I see any changes in market conditions!
XRPUSD formed bullish Butterfly | Upto 22% bullish move expectedPrice action of XRP / US Dollar has formed a bullish Butterfly and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closed below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.19341 to 0.18229
Sell between: 0.20204 to 0.22299
Regards,
Atif Akbar (moon333)
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.
XRPUSD Descending ScallopFollowing an Adam an eve pattern a Descending scallop has presented itself (letter J reversed) short term bullish reversal. Currently reading - Encyclopedia of chart patterns - Thomas N. Bulkowski, I recommend this for anyone attempting to learn chart patterns, as it was recommended to me. Enjoy !
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!
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.
XRPUSD bounced from support, potential for a further rise!
XRPUSD bounced off 0.23377 where it could potentially rise further to 0.20000.
Trading CFDs on margin carries high risk.
*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.