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Xrpusdbuy

A breakout can lead the Ripple to achieve all time high priceOn 25 Oct the xrp moved up with massive trade volume of $2,486,979,029 while on 24 Oct it was recorded $1,638,078,551 as per coinmarketcap data. On day chart volume oscillator was showing powerful value of 18.66 and more than 51% volume was increased and strong green bullish candle stick was showing the power of bulls. Lets have a look behind the scenes. If we move back to 2017 the it will be revealed that we have a very strong key resistance level at $0.30. As per Bitfinex chart the Ripple has been struggling below $0.30 from May 2017 to Dec 2017 then it broke out this level on Dec 2017 and accelerated well and achieved all time high price then moved down and has been floating above $0.30 from Aug 2018 to Aug 2019 because the same resistance level was now playing the role of support. Now the priceline has broken down this support and this level is again working as resistance and the price action is struggling below this resistance again for the breakout and on 26th Oct there was a second attempt by the price line to breakout this key resistance, this is also a strong human psychological resistance as it has been always playing active role of resistance and support since 2017. If we look at week chart then it reveals the XRP formed a symmetrical triangle in 2017 and when it came at the end of this triangle a golden cross between exponential moving averages EMA 10 and EMA 20 triggered bullish divergence and compelled the price action to breakout triangle's resistance which led towards all time high price, almost same as like that price line is moving within a triangle but this time the triangle is descending and the price action is almost at end of this triangle and EMA 10 and EMA 20 are likely to form golden cross which can again lead the XRP price to breakout the resistance of triangle and definitely this breakout will also lead the price action to break the $0.30 key resistance level then XRP can again achieve higher than the previous high position. After this break out we can see Ripple leading the top 10 cryptocurrencies in bull rally. Regards, Atif Akbar (moon333)
BITFINEX:XRPUSDLong
by moon333
XRPUSD reversed from resistance, potential drop! XRPUSD reversed off its resistance at 0.29940 where it could potentially drop further to 0.27600. *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
XRPUSD reversed from resistance, potential drop! XRPUSD reversed off its resistance at 0.30000 where it could potentially drop further to 0.26274. *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
XRP/USD BULLISH SET UP (4 HR)XRP Has been performing extremely well these past couple of weeks. As you can see the up trend I have marked up is still in play, & the downtrend I had marked up was broken. So that clearly tells me we have a bullish set up in place. Very excited to see what happens these next few months left in the year. I feel as if there was a lot of maturity from the people involved in crypto, people are becoming more level headed and is a good sign for growth in this space.
BITFINEX:XRPUSDLong
by Ricosuavea
XRPUSD formed a bullish gartley | A long opportunityPriceline of XRP / US Dollar cryptocurrency has formed a bullish Gartley 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. Volume profile is showing less interest of traders below the PRZ level but Stochastic is oversold and in bear cross so for secure trade we should wait stochastic to give bull cross then buy from the potential reversal zone. MACD is turned weak bearish. I have used Fibonacci sequence to set the targets: Buy between: 0.27862 to 0.27580 Sell between: 0.28083 to 0.28616 Regards, Atif Akbar (moon333)
BITFINEX:XRPUSDLong
by moon333
XRPUSD approaching resistance, look out for potential reversal! XRPUSD is approaching its resistance at 0.28710 where it is could reverse down to its support at 0.25785. *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
XRPUSD approaching resistance, look out for potential reversal! XRPUSD is approaching its resistance at 0.28710 where it is could reverse down to its support at 0.25785. *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
2
XRPUSD reversed from resistance, potential drop! XRPUSD reversed off its resistance at 0.28710 where it could potentially drop further to 0.25785. *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
XRPUSD approaching support, potential for a bounce! XRPUSD is expected to drop to 1st support at 0.23110 where it could potentially react off and up to 1st resistance at 0.27500. *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:XRPUSDLong
by Pepperstone
XRPUSD potential reversal! XRPUSD expected to rise up to 1st resistance at 0.27040 where it could potentially react off and drop down to 1st support at 0.23110. *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
2
XRPUSD bounced from support, potential for a further rise! XRPUSD bounced off 0.23110 where it could potentially rise further to 0.27040. *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:XRPUSDLong
by Pepperstone
1