XRPUSD approaching support, potential for a bounce!XRPUSD is expected to drop to 1st support at 0.37010 where it could potentially react off and up to 1st resistance at 0.43924.
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Xrpusdidea
XRPUSD IDEAXRPUSD
LOOKIG AT A TREND RESPECT WHEN WE SEE THE 0.44136 GET HIT.
WE DO HAVE A SUPPORT ZONE AROUND THE 0.44136-0.47445 AREAS.
SO WE ARE POSSIBLY LOOKING FOR THE PUSH UP WITH THE RESPECT OF THIS TREND AND SUPPORT LEVELS.
TARGET 1: 0.47445
TARGET 2: 0.51517
TARGET 3: 0.55482
ONCE WE GET A CLEAR BREAK OF TARGET 2 WE WILL MOST LIKELY SEE THIS KEEP RISING UP FOR A BIT LONGER.
**PROPER RISK MANAGEMENT NEEDED**
**PAST CHARTS DO NOT GUARANTEE FUTURE CHARTS TO GO AS PLANNED**
XRP at the end of the consolidation phase? While some data of the previous accumulation is missing on this chart to provide some more meaningul data I think we are not far off from a price move soon for XRP\USD. In about two weeks time we will find out where this is going. For me this is looking on the up side, so it is a good time to accumulate.
XRPUSD - IS MOMENTUM COMING?in the last 2 weeks XRPUSD has been slowly but surely making some moves that I would call positive. bulls are pushing to create another HH.
i can see the low being tested and then we can hope for a rally up wards
See previous analysis
PLEASE SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
XRPUSD - RIPPLE EFFECT -- UPDATE, MY HUMBLE OPINIONXRPUSD has made moves down. as per my last analysis,
we expected XRPUSD to hit the red line with a possible
move back up. this move is still possible but i feel
we might see it fall a bit more.
With BTCUSD and ETHUSD making major falls in price, i
think we will get one more price break to the downside.
It is important to note that when major moves about to
occur the main movers cause a lot of panic in the market.
the pessimism in the market has caused a lot of people to
panic sell.
anyways if it breaks the red line i would be looking around
xrpusd 0.34057 for next support.
happy trading guys
like, comment and follow
xrpsd - my adviceAS PER LAST UPDATE I NOTED THE POSSIBILITY OF
THIS DROP.
listen, most analyst are rightly giving you their views
on the possible outcomes but the truth is the moves, shapes and character of crypto can be wildly
unpredictable and volatile.
make sure you trade safe, only risk money you
can lose and you'll be ok.
LIKE, FOLLOW AND COMMENT
Kenji signals: sell XRPUSDToday, the indicator "Kenji" on the daily XRPUSD chart (Ripple) generated a sell signal.
Let's give some explanations on this signal. This is the ordinary signal to open the trade with a basic volume .
According to the indicator, the price of XRPUSD is currently in the active downtrend phase (the area between the fast and slow average is colored red). At the same time, current prices entered the sales zone, which led to the formation of a "sell" signal. This short position remains relevant until either the market conditions change (for example, the downtrend changes to flat or uptrend), or a signal to close it appears (a red cross indicating a strong divergence between the price and average values).
Recall, work in a trend is one of the most comfortable and potentially successful trading options.
For reference:
The "Kenji" indicator is a brand new look at the average analysis. The main problem of most trading strategies and indicators based on the average analysis is a number of false signals in the case of flat and trend reverse (for example, frequent crossings of the averages, frequent changes in the direction of the averages, etc.). As a result, averages analysis cannot show its real power and effectiveness.
The Kenji indicator using a unique algorithm avoids the most common average analysis traps and significantly improves the quality of signals by determining the current state of the market (using the color indication "Kenji" shows the current state of the market: red color - downtrend, blue - uptrend, green - flat).
It generates signals for comfortable trading in a local trend. The indicator provides information on both the timing position opening and the moments of profit taking. It also helps to determine the level of aggressiveness of a signal. This makes the "Kenji" indicator a very useful tool both for novice and experienced traders.