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.
Xrpusdbuy
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.
XRPUSD approaching support, potential for a further rise!
XRPUSD approaching support at 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.
XRPUSD bounced from support, potential for a further rise!
XRPUSD bounced off 0.24363 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.
XRPUSD price action extended the leg and formed a bullish CrabIn my previous chart:
the priceline of XRP / US Dollar cryptocurrency formed the bullish BAT but neither the MACD turned weak bearish nor stochastic gave any bull cross to give us any buying signal and eventually price action broke down the PRZ area and now the price action has retraced between 1.27 to 1.618 and formed a bullish Crab and it is entered in potential reversal zone to hit the sell targets soon insha Allah.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
Volume profile is still showing less interest of traders here and stochastic is oversold and also gave bull cross on current candle stick but MACD is still strong bearish so for secure trade we can wait for MACD to turn weak bearish.
I have used Fibonacci sequence to set the targets:
Buy between: 0.22595 to 0.19817
Sell between: 0.24751 to 0.29968
Regards,
Atif Akbar (moon333)
XRPUSD formed a bullihs BAT | A very good long opportunityPriceline of XRP / US Dollar cryptocurrency has formed a bullish BAT and it is entered in potential reversal zone to hit the sell targets soon insha Allah.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
Volume profile is showing less interest of traders here, but Stochastic is oversold and did not give bull cross and MACD is strong bearish so for secure trade we can wait for MACD to turn weak bearish or for stochastic to give bull cross then buy.
I have used Fibonacci sequence to set the targets, and this time I have defined buying zone from 0.618 to 0.886 of X to A Fibonacci projection:
Buy between: 0.27799 to 0.25664
Sell between: 0.28389 to 0.31227
Enjoy your profits and Regards,
Atif Akbar (moon333)
XRPUSD approaching support, potential for a bounce!
XRPUSD is expected to drop to 1st support at 0.25700 where it could potentially react off and up to 1st resistance at 0.28725.
*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 approaching support, potential for a bounce!
XRPUSD is expected to drop to 1st support at 0.23681 where it could potentially react off and up to 1st resistance at 0.29998.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
XRPUSD approaching resistance, look out for potential reversal!
XRPUSD is approaching its resistance at 0.29998 where it is could reverse down to its support at 0.23681.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
#XRPUSD, The #Ripple is important to you? Read this analysisYesterday the Ripple dropped worryingly (for those who hold the currency) to a one-year low, it had important $ 0.28 support that held up for a long time but not yesterday.
You can see in the graph above the last support historically, you can call it- "the last stronghold", We think if the Ripple dropped below the above support the chances of Ripple coming back fall drastically.
We recommend only those who are looking for adventure Buy now and follow closely.
2 scenarios possible:
1. Ripple will also break the above support and crash.
2. Anyone who buys at the above price will probably be the one who bought the Ripple at a crazy price.