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.
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Xrpusdidea
#XRPUSD#Ripple, The bearish trend is still hereA clear resistance line at $ 0.3350 and a clear support line at $ 0.25.
Last week the xrpusd made a nice attempt and moved towards the resistance line but was unable to break and since then it has only been in decline.
According to the Stochastic, xrpusd can continue to decline.
The xrpusd decreases in the daily, weekly, and monthly graphs, showing a clear downward trend
Target: $ 0.25
XRP Falling WedgeXRP is in a falling wedge. Price will go up to purple resistance line. If break, then up to red resistance $0.40. If we break the top red resistance, expect a big, big rally up to purple line at the very top. Big money move.
But most likely XRP will hit purple line, possibly top red resistance, then fall down to the bottom red resistance. At which point if it break bottom red resistance it'll fall further to bottom purple support line, at very bottom below my computer screen. If XRP team is smart, they'll release a big news piece to drive this price up past the top red resistance line. If price can close above top red resistance line, it's buy, buy, buy.
#XRPUSD#Ripple, Range StrategicWe entered the period without a clear trend.
The xrpusd can continue to move between the $ 0.24 support line and the $ 0.26 resistance line for a while.
We recommend taking advantage of low volatility and buying close to support and selling close to resistance
$ 0.25 entry price
Target: $ 0.2660
XRP - next bullrun targetHello to everyone! Here is clean chart for clean price target on the next bull run. Fibs are friends, so this one is purely from Fibonacci extensions.Everything you need to know is in chart.
P.s. Messy version in comment section.
Don't forget to check out my published Idea -> XRP Bottom
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, 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.
XRPUSD approaching resistance, look out for potential reversal!
XRPUSD is approaching its resistance at 0.33195 where it is could reverse down to its support at 0.28889.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
#XRPUSD #ripple The ideal time to buy...A short look at the graph above can be understood that this is the ideal time to enter the Buy position on the Ripple for those who have not yet bought for two reasons:
1. The most serious support we have had so far
2.Stochastic in the buying range
Target: 0.36
XRPUSD Long OpportunityHi guys its Brian here.
XRPUSD is currently sitting right at the support of the 200 EMA which has proved to be a solid support where price has previously bounced off it couple of times.
If XRPUSD bounces off the support, it is likely to continue upward within the yellow range zone. If 200 EMA support doesn't hold then the long is invalidated and stop loss should be placed slightly below the support. The downward momentum currently is pretty strong so don't try to catch a falling knife. May want to enter after price bounces off the support to be safe.
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