Xrpusdidea
XRPUSDT - natives will wait for their !!! 🚀Good day to all crypto fans! On the XPRUSDT chart, the reversal figure “Inverted Head and Shoulders” is clearly visible. The price pushed off the local trend line. There is a rebound along with the entire cryptocurrency market.
Whether growth will start immediately or if the price is stuck in this price range for a while depends on how the price of BTC behaves. Since there are several options for moving the BTC price, and which one will turn out to be correct, time will tell.
The strong level on XRPUSDT is 0.3, breaking through which we fly up. The first sales area is indicated on the chart.
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Disclaimer:
I do not give entry and exit points.
I share with you my opinion and ideas, which may differ from yours.
XRP/USD BULL RUN LONG SET UP BUY XRPUSD
ENTRY 1 .26480
ENTRY 2 .28500
SL .25500
TP.1 .29500
TP.2 .30500
TP.3 .32000
TP.4 .33500
tp.5 .36000
tp.6 .3800
tp.7 .4000
Major resistance levels: $0.36, $0.38, $0.40
Major support levels: $0.28, $0.26, $0.24
Ripple (XRP) Price Analysis
XRP/USD price valuation has eventually strived to surge upwards to touch a high resistance market line at a $0.34 mark today. A vital resistance point at $0.30 has been pushed-off over northwardly to now serve as the first main point that any downward price movement will have a breakthrough before probably thinking of the crypto’s possibility of losing momentum in the present upward swings.
The USD hasn’t had a strong stance to presently suggest its gaining of grand against the base cryptocurrency.
Ripple Technical Indicators Reading
The 14-day trading indicator still points to the north direction below the current market position. There is a space between the 14-day SMA and the 50-day SMA while the latter is located a bit over the current major support level at $0.28 price line. That adds more to the validation of setting the first support line at that price point.
The Stochastic Oscillators still consolidate around the overbought region and range 80. But, the bulls are being in favor of the hovering moves.
Conclusion
The XRP/USD market bulls are still to some extent being in the control of this crypto market until now. However, another strong resistance line has just been hit at a $0.34 mark. And, that price line and $0.30 point are potentially prone to witnessing variant formations of trading activities for a number of hours or a few days.
XRPUSD: 2 Year Falling Wedge BreakoutXRPUSD has shattered just about every TA prediction for many of us the last year.
As shown in the chart, we are developing a clear breakout of this 2-year falling wedge pattern. More specifically the top trend line that we have respected and been rejected 3 times since January 2018.
No matter if we want to believe it or not, XRP and Ripple are making more real-world strides than any other CryptoCurrency by a mile.
Our last XRP bull cycle In 2017 led to over a 7500% increase in price. A current repeat of that cycle would bring us to around 17$ per XRP.
I have a great feeling about this now, so much is happening behind the scenes and it is all starting to make sense.
Everything will run on the XRP ledger.
XRPUSD bounced from support, potential for a further rise!
XRPUSD bounced off 0.22091 where it could potentially rise further to 0.24166.
*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 0.22555 where it could potentially rise further to 0.26195.
*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 0.22555 where it could potentially rise further to 0.26195.
*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.
Short if breakoutThe indicated line in my previous post I would have liked to seen the price bounce of has been broken through.
- Short if hour candle closes below line.
- If bounce from the lower line. Upper line will most likely be retested.
I'm keeping my current positions open until / unless I receive confirmation of the decline
If you have a different approach. Feel free to share! :) Always in to learn more
XRPUSD to climb from upside confirmation, potential bounce!
XRPUSD to climb from its upside confirmation at 0.24447 where it could potentially bounce further to 0.26195.
*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 0.19913 where it could potentially rise further to 0.21469.
*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 reversed from resistance, potential drop!
XRPUSD reversed off its resistance at 0.22555 where it could potentially drop further to 0.20951.
*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 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.
XRP (XRPUSD) Market Outlook | Daily Crypto Market BreakdownXRP pushing down to to .20 as previously called.
I feel XRP is at a really make it or break it level were we are either going to be pushing lower to test 0.20 once more or see if we can sustain bullish momentum and push up to around 0.25-0.26
Right now it seems we are rejecting the trend line I have drawn, and overall we are bearish so I am going to favor more downside movement.
I still feel in the long run XRP is a good buy!
Trade safe!
XRPUSD reversed from resistance, potential drop!
XRPUSD reversed off its resistance at 0.23377 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.
#Ripple#XRPUSD, Critical momentA critical moment on the Ripple, you can see in the graph above that in September we were in the same situation as today and then the Ripple came back out of nowhere.
Judging by the trend or most of the indicators then the recommendation is definitely selling but history cannot be ignored.
The recommendation is to Buy with SL very close like ($ 0.2260) and to the extent that Ripple falls below the above price, the recommendation is to Sell as much as possible.